Read our comprehensive review to find out all there is to know about FanDuel Colorado including welcome bonuses, sports coverage, and how to win real money online. Find out why this site one of the top in the US!
You have probably heard of FanDuel before. It is one of the dominating leaders in the daily fantasy sports (DFS) scene owned by Paddy Power Betfair, and its popularity is rapidly increasing across the world. Its main rival is DraftKings, and the two combined make up 90% of the DFS market share in the US.
In 2018, FanDuel also released a sportsbook enjoyed by fans in New Jersey, Pennsylvania, Indiana, and West Virginia. Following recent changes in legislation, FanDuel Sportsbook Colorado launched on 1st May 2020. There is no reason to think their Colorado Sportsbook will not be just as successful as it has been in other states. With a competitive welcome bonus, mountains of sports gambling options, and a well-renowned DFS set-up, it is easy to see why FanDuel is a favorite.
- Website: www.fanduel.com
- Type of site: Sportsbook and DFS
- Welcome Bonus: $500
- Land-based Partnership: Golden Gates Casino & Golden Mardi Gras Casino
- Colorado Sportsbook Launch Date: 1st May 2020
Bonuses and Promotions
To attract new customers to their site, FanDuel offers competitive welcome bonuses for new account holders.
|Max Bonus Amount||Bonus Type||Promotional Code||Wagering Requirements|
|$5||DFS Site Credit||None – Automatically Applied||N/A|
|$500||Risk-Free Bet||None – Automatically Applied||1x|
Their DFS new-player bonus changes regularly, though currently, they offer $5 site credit for all initial deposits. These funds must be used to enter tournaments and cannot be withdrawn, and you have 14 days to spend your credits.
Their sportsbook is offering a $500 risk-free bet for all new players. This means if the initial bet placed on FanDuel Sportsbook loses, you will receive the value of your wager back as site credit up to $500. For example, place a bet for $200 that falls through, and within 72 hours of losing you will have another $200 in your account to play with. This allows you to place riskier bets that could lead to potentially higher payouts knowing that your money is covered. The bonus also only has a 1x wagering requirement, meaning you only have to bet the value of the bonus once over before you can withdraw it as cash. Some sites have good bonuses at first glance, but staggering wagering requirements which are near impossible to clear. FanDuel’s bonus is, therefore, not only generous but also attainable.
Although FanDuel Sportsbook was a late sports betting platform to launch in the US, it has quickly risen to the top offering good coverage of sporting events. It does fall slightly short in comparison to competitors, but you can place bets on the following sports using their site:
There is also the option to bet on college basketball and football. To place wagers on more niche events such as volleyball, lacrosse, and surfing, you are better of using another of Colorado’s online sportsbooks. Find out more by looking at our other Colorado sportsbook reviews.
To keep things exciting, FanDuel offers a range of different wagering options on their site. You can place the following type of bets:
- Round Robins
- In-Play Bets
This means it is not only which team will win that you can gamble on. You can also place bets on individual player performance, total games scores, and specific in-game events. Parlays and teasers allow you to combine multiple bets, with parlays usually having higher payouts and teasers favoring the side of the bettor. Live in-play betting is also available for nearly all events. This is where you can bet as the game is in progress with odds that are continually updated. This is becoming a popular and inclusive in-the-action betting option. FanDuel’s in-play betting offers live streaming for some sports and live scoring for others.
Additionally, FanDuel Sportsbook has regular odd boosts on particular events, which sets it a head above competitors by providing increased odds, and therefore larger payouts. Its pricing in general is comparable to other internet sportsbooks, but moneyline bets are far superior. An early cash-out option is also supported allowing you to leave bets early and secure your winnings.
FanDuel Daily Fantasy Sports
DFS Contest Types
FanDuel is the top DFS provider in the states, closely followed by its rival DraftKings. In fantasy sports contests, you create a fantasy team by selecting real-world athletes to fill certain positions. These line-ups then compete against others’ teams and the athletes’ performances in actual sports events determine how successful your team is. Perform well and you can win real money.
On the FanDuel DFS site you are offered a range of tournament types. Here is a brief summary of each:
- Beginners Only: For players who have played 50 or fewer contests for each sport
- Head-to-Heads: One vs. one tournaments where the winner takes the whole prize pool
- 50/50s: The top 50% of players win double the entry fee
- Triple-Ups: The top third of players receive triple the entry fee
- Quintuple-Ups: The top fifth of players are awarded five times the entry fee
- Leagues: Daily contests with 3, 5, 10, 20, 100, or 250 participants. Those finishing top take home the prize, but who receives what depends on the number of players
- Tournaments: Larger contests with high competition but bigger prizes
- Guarantees: Tournaments which have a fixed prize pool regardless of the number of entrants
- Survivor Tournaments: A contest with a series of rounds to progress through by winning lower levels
- Single Game Contests: Solo competitions covering a single game on the day of play
- Half-Slate Games: Contests which cover the second half of a single game
- 2nd Half and 4th Quarter NFL Contests: Ultra-short-term competitions started as part of the 2019 NFL season covering a single game contest for the final half or quarter of the match
Major DFS Contests
Being one of the largest DFS sites, FanDuel hosts several major tournaments with stupendous prize pools. They run a weekly $100k NFL Sunday Million where hundreds of thousands of participants compete for a share of the $100,000 prize pool. On top of this, there are championship events held annually for each major league including world championships for football, baseball, and basketball.
Entry into championship events is only granted by winning satellite competitions and are limited to a certain number of spaces. First place prizes can be up to $1 million! Even contestants finishing at the bottom of the heap take home around $5,000, meaning no one leaves empty-handed. Prize pools and payouts vary for each championship.
DFS Loyalty Rewards Program
FanDuel DFS also has a loyalty program where players earn points for every cash contest entered on their site. You will be enrolled automatically once you have created a FanDuel account. Every $1 in entry fees is equivalent to 5 FanDuel Points (FDPs), and occasional promotions are run meaning money spent is worth more points. All FDPs earnt can be used for contest entry where 2,400 FDP is equivalent to $1 cash entry.
There are several different levels of the program, and where you sit depends on the number of FDPs earned the previous month. Earn at least 50 FDP and you start receiving weekly and monthly free play. The higher the level, the more free play you unlock. Make it to MVP status by earning 25,000 points and you also receive exclusive promotions, perks, and premium customer support.
To sign up for a FanDuel account is simple:
- For using FanDuel CO Sportsbook: Head to the CO FanDuel Sportsbook website and select the “Join Now” option in the top right corner.
- For using FanDuel DFS: Head to the FanDuel website and select the option to play fantasy sports.
Both routes will take you to a registration form. Fill in your details, complete the online security check, and deposit funds into your account to start playing on their website. If you wish to use FanDuel Sportsbook and FanDuel DFS, you can link your two accounts and easily toggle between the two.
Deposit and Withdrawal Methods
FanDuel Colorado has several different options for depositing funds:
- Visa & MasterCard Payments
- Online Bank Transfers
- Prepaid Cards
- Wire Transfers
There is a minimum deposit amount of $10 and all methods other than wire transfers and check payments credit your account instantly so you can place bets immediately. There may also be the option to pay by cash at the Golden Gates Casino in Black Hawk, or by using PayNearMe services at your nearest 7-Eleven. With casinos and public spaces only just reopening after COVID-19 closures this is still to be determined.
Withdrawing funds is also simple, but you are limited to using PayPal and check. Withdrawals using PayPal typically take 1-2 days, whereas check withdrawals take anywhere from 5 to 10 business days.
Interface and Navigation
FanDuel excels in its simplistic interface and navigation. The desktop FanDuel Sportsbook site is clean, and the home page will greet you with current promotions and popular events. You can also toggle between live betting and odds boosts. To the left is a menu of all sports covered, with popular betting options listed first and then a full A-Z of sports to easily navigate to events of interest. To the right of the screen is your betting slip, divided into standard, teaser, and round-robin bets for convenience. After making your initial deposit, bets can be placed with a click.
FanDuel’s DFS desktop site is equally simplistic. The lobby displays all open fantasy sports contests with information on entry fees, prize pools, and how many participants have registered for that event. There are filtering options so you can narrow down the contests by sport type, contest type, and entry fee. Select a contest and a new window will open where you can draft your fantasy team. Once happy, confirm your entry and wait to see how your team performs!
There are also FanDuel mobile apps that are compatible with Android and iOS devices. The apps are just as good, if not better, then the desktop website. They allow for bets to be placed, contests to be entered, money to be deposited and withdrawn, and more! iPhone users can head to the App Store to download the apps, whereas Android users need to head to the FanDuel website and complete the download from the operator.
The FanDuel Sportsbook app saves the majority of screen space for displaying sports betting markets, with popular game ball icons along the top allowing for easy navigation to a specific sport. Live betting via the mobile app is also exceedingly popular as you can place bets on the go from anywhere in the state while receiving live game updates. The only downfall of the app is it can run slowly during times of heavy traffic, such as the Superbowl, so those interested in live betting be wary of this. Otherwise, the app is just as stable as the desktop site. In fact, fans often prefer the simplicity and convenience of the app over the website version.
There are plenty of help and customer support options on the FanDuel website including:
- FAQ page on their site for all generic queries
- Live online chat
- Contact forms on their website
- Can be emailed at firstname.lastname@example.org
The FAQ and support pages on the FanDuel site are vast and comprehensive with questions divided into helpful topics such as deposits and withdrawals, betting guides and rules, and account set up. For an answer that cannot be found online, the live chat and email options are available 24 hours, seven days per week.
Overall, FanDuel is a great option for both DFS and sports betting, and if you are looking to partake in both then even better! The sportsbooks welcome bonus is generous and has good wagering requirements. While sports are not as well covered as on competitor sites, all major leagues are. Moreover, interesting wagering options, live in-play betting from the mobile app, and excellent pricing and odds boosts make up for this. Similarly, the FanDuel DFS is the leader in its field for good reason. Simplistic navigation, a range of contest types, and impressive major tournaments make fantasy sports betting on FanDuel exciting and rewarding. Sign up and start winning real money from anywhere in Colorado!