After a bit of a wait, FanDuel Sportsbook has finally launched online in Pennsylvania. They are currently in a “soft launch” that limits them to operation hours from 12 pm to 12 am, but FanDuel will be fully live 24/7 on July 29.
FanDuel marks the fourth online sportsbook to launch in Pennsylvania and is the first “major” operator in the state. BetRivers and PlaySugarHouse operate through their parent company Rush Street Gaming and Kambi, while Parx Casino operates with Kambi. FanDuel is the first online sportsbook in Pennsylvania that offers bettors different betting lines, as the three previous apps all use lines provided by Kambi Technology.
Currently, the biggest promotion that FanDuel is offering is a $500 risk-free bet. This means FanDuel will match bettors’ first bet, up to $500, if the bet is a loss. They also offer parlay insurance of up to $25. If you make a parlay bet with at least four legs and only lose the bet by one leg, FanDuel will reimburse you up to $25.
Online casinos are also eligible to launch now in Pennsylvania as of July 15. As of now, there is no timeline as to when FanDuel and Valley Forge Casino will launch their online casino platform. There are three casinos currently operation online in Pennsylvania: SugarHouse, Parx, and Hollywood Casino.
No Main Competition
Pennsylvania will be a big revenue state for FanDuel. Their top competitor in the sports betting industry has been DraftKings. DraftKings has no entry into Pennsylvania at the moment.
There is a chance that they could possibly partner up with a casino in Pennsylvania that has yet to receive a sports betting license (Meadows Racetrack and Casino in Washington, Pa., seems like DraftKings’ best bet at this time).
However, it seems like DraftKings may be on the sidelines in Pennsylvania, at least in the near future. This provides FanDuel with a huge advantage in the Keystone State, which is expected to be one of the biggest markets in the country for sports betting and online gaming in general.
One of the biggest assets that FanDuel brings sports bettors is their betting selection. Kambi products have a bit of a limited selection on parlays and futures bets. FanDuel provides some of the biggest selection of futures bets in the industry and provides a wider range of parlay options.
Kambi sportsbooks also have higher “vigs” than most other sportsbooks. For example, bettors can access a Kambi sportsbook and see that the Philadelphia Phillies are -150 for a particular game. Head on over to FanDuel and that same Phillies bet may only be -135.
Sports bettors will tell you that “line shopping” is key to maximizing profits, and now with the introduction of FanDuel into Pennsylvania, bettors have the ability to line shop.
With no DraftKings in Pennsylvania and FanDuel becoming the first non-Kambi-powered sportsbook, FanDuel is set up in Pennsylvania about as well as any other state. After August, when FanDuel will have a full month of online operation in Pennsylvania, it will be interesting to see just how much of the market share they will control in Pennsylvania.