Home > DraftKings vs. FanDuel – Which Sportsbook is Better?
News Sports Betting Sports Betting Guides

DraftKings vs. FanDuel – Which Sportsbook is Better?

It all started out as a battle for supremacy in the Daily Fantasy Sports (DFS) industry, but in recent years it has become a war of the sportsbooks. We are, of course, talking about the fierce rivalry between two of the most dominant forces in US sports betting — DraftKings and FanDuel. 

With DraftKings currently offering odds in 13 states and FanDuel in 12, both operators are at the top end of the sportsbook industry and regularly feature as top revenue generators across multiple states. And as more states legalize sports betting, DraftKings and FanDuel have plans to extend their reach even further, improving their services and offerings along the way. 

All of this healthy competition is great news for the sports fan and bettor, but it leaves one question — which sportsbook is better? 

To answer that question, we will take a look and compare several aspects and features of both sportsbooks. 

But before we get to that, a little history.

The battle for DFS supremacy

Founded in 2009, FanDuel was the first operator to truly dominate the DFS industry. It quickly established itself as the go-to website for all things related to fantasy sports and remained in pole position for the next 3-4 years. 

Then, in 2012, along came DraftKings to add some much-needed competition to the industry. For a few years, both operators were closely matched and this led to heavy investment in advertising. As a result, DraftKings and FanDuel became instantly recognizable names even among those who had no interest in DFS contests. 

In 2016, the two companies planned to merge, but when the FTC stated that it would oppose any merger for fear that it would create a monopoly, the deal collapsed. Both companies continued to compete and invest heavily in advertising during sporting events in the coming years. 

In 2018 the Supreme Court ruled that the Professional and Amateur Sports Protection Act of 1992 (PASPA) was unconstitutional and another dimension was added to the competitors’ race for supremacy. 

With the significant investment the companies had made to build brand awareness in the world of sport, both were in a prime position to launch sports betting products. This is precisely why Irish bookmaker Paddy Power Betfair (now Flutter Entertainment) bought FanDuel in May 2018. The brand launched its first sportsbook at The Meadowlands in New Jersey in July 2018. 

DraftKings followed just a month later, also launching in New Jersey and becoming the first mobile sportsbook in the state. 

So that’s enough history. Let’s take a look at those features and how they compare. 

Betting options

As expected from two operators that have been in competition for such a long time, there are very few differences when it comes to betting options. 

Both sportsbooks offer odds on a huge range of sports both in US markets and abroad while betting on college events depends on state laws. By and large, though, this is a pretty even contest with practically the same sports and events offered by both operators. 

FanDuel did run into a little controversy with regards to live betting in the past with a few disgruntled fans claiming that the company refused to pay out on bets made during games. FanDuel maintains that any technical difficulties that happened in the past will not happen again in the future. 

However, FanDuel has led the market with its ‘same game parlay’ betting which many other operators have since copied. This balances out the alleged live betting incidents somewhat. 

Overall, we’d call this an even contest so far. 

Winner — tie

Bonuses and promotions

The welcome bonus or promotion is usually one of the main attractions that leads a bettor to a particular sportsbook and for both DraftKings and FanDuel, fans won’t be disappointed. 

Welcome bonuses can change as quickly as the weather so you’ll need to check out what’s available from either sportsbook. That said, DraftKings bonuses tend to have slightly better offers that include a risk-free bet, a no-deposit bonus, and/or a deposit bonus. These are usually paid into a customer’s real money account in increments that are tied to how much they wager. 

FanDuel, on the other hand, will usually offer a risk-free bet, however, this is a refund tied to a customer losing their first bet on the site so not quite ideal. 

Both sportsbooks will regularly offer daily promotions and deals that vary a great deal so are hard to compare. 

Some of the most regular promotions include:

  • Odds boosts
  • Parlay boosts 
  • Parlay insurance
  • Bet insurance

Based on the welcome bonus, it seems that DraftKings definitely has the edge in this round. 

Winner — DraftKings

Draftkings Promotion

Live streaming

Live streaming is a feature that is becoming increasingly important for sports bettors as they choose their favorite platform and both operators have made efforts to offer it as a service. 

FanDuel’s live streaming service is quite good and easy to access and navigate. There aren’t too many major live events to choose from (these all go to the major networks), but there are sports such as table tennis and overseas soccer games to choose from. 

DraftKings has partnered with Sportradar for live streaming and offers similar events to those available on FanDuel with a similar interface and ease of use. 

Not much to choose between the sportsbooks here.

Winner — tie

Availability

DraftKings currently operates in 13 states:

  • Colorado
  • Illinois 
  • Indiana 
  • Iowa
  • Michigan
  • New Hampshire
  • New Jersey
  • Pennsylvania
  • Tennessee
  • Virginia 
  • West Virginia
  • New York (retail only)
  • Mississippi (retail only)

FanDuel currently operates in 12 states: 

  • New Jersey
  • Pennsylvania
  • West Virginia
  • Colorado
  • Indiana
  • Illinois
  • Iowa
  • Tennessee
  • Virginia
  • Michigan
  • Mississippi (retail only)
  • New York (retail only)

Again, this is a neck and neck race with both operators offering services in almost the exact same markets. 

Winner — tie

Final decision

Overall, there is very little difference between DraftKings and FanDuel sportsbooks. 

Both operators set up their sites and apps depending on the state they are operating in so as far as betting markets and options go, there’s little to no difference at all. 

The only real difference that we can see between the two is when it comes to bonuses and promotions and for that reason alone, we’re going with DraftKings as our winner. 

Overall Winner — DraftKings by a nose! 

That said, we highly recommend that anyone looking for a new sportsbook open an account with both operators to see which is a better fit. 

Subscribe for sports betting offers, promos and news

Related stories

Tennessee Hires Director Of Sports Betting

Ryan Knuppel

FanDuel Group Expands Partnership with Sportradar to Include Live Streaming

Joan Mantini

What are Wagerline Consensus Bets?

Ayden Fahlstrom

Parx Casino Online Sportsbook Now Available In New Jersey

Ryan Knuppel

Resorts World Catskills adds IGT and Betgenius to Bet365 partnership

Kate Rowland

William Hill Launches Sports Betting Mobile App in Iowa

Tyler Vaysman