FanDuel vs DraftKings: Availability and Product Offerings

FanDuel vs DraftKings: Market Share

FanDuel and DraftKings emerge as the two most popular sportsbook platforms in the U.S., each with a distinct journey and position in the market. 

  • FanDuel Market Position: Today, FanDuel stands as a frontrunner, particularly recognized for its innovation in DFS and sports betting platforms. With a robust user base and a significant share of the U.S. market, it has established itself as a household name among sports enthusiasts.
  • DraftKings Market Position: DraftKings is celebrated for its comprehensive sports coverage and competitive betting options, holding a substantial portion of the market alongside its rival. Its aggressive growth strategies and partnerships with professional sports leagues and teams underscore its significant influence and commitment to enhancing user experience.

Both platforms have navigated the evolving landscape with strategic expansions and innovations, catering to a wide audience of sports fans and bettors. 

FanDuel Sportsbook

Most Popular Sportsbook in U.S.

Go to Website
NBA
LNB
WNBL
BNXT BE
CBA
AZ
CO
CT
IL
IN
IA
CAD
USD
VISA
Mastercard
Discover
Debit Cards
3873
user reviews
$10
min deposit
Varies
max withdrawal
1-5 days
withdrawal speed
1-4.7%
margin

Real FanDuel User Reviews

3873
Reviews
Updated Jan 18, 2024, 2-42 PM
45%
Positive
10%
Mixed
45%
Negative
overall
AI
User Reviews Analysis

FanDuel Sportsbook has been a topic of much discussion among its users. Let's jump into what they have to say, covering everything from the odds they get to the way the app works, and how they feel about the support and perks they're offered.

Odds & Pricing

There's a real mix of feelings about the odds. Many users give a thumbs up for competitive odds and the variety of bets they can place. But, there's also a fair share who think the odds lean too much in the house's favor, especially when it comes to live betting. Issues like payout discrepancies and unclear pricing also pop up now and then.

Functionality & User Experience

On the brighter side, the sportsbook gets props for being user-friendly, easy to navigate, and keeping up with live sports betting updates. However, it's not all smooth sailing. Users point out hiccups with the location verification feature and general performance issues like slow loading and app crashes. The casino games section doesn't seem to hit the mark for some users either.

Payments & Withdrawals

When it comes to handling money, users appreciate the quick payouts and the straightforward cash out process. But, it's not all rosy. There are gripes about deposit and withdrawal hiccups, unexpected charges, and some run-ins with unapproved withdrawals. And when they reach out for help, the customer service experience often leaves them wanting more.

Market Coverage

The sportsbook scores points for offering a wide range of sports and betting options. Yet, some users feel left out, missing certain sports or betting options they're after. And then there's the frustration with geolocation issues that block betting in certain areas.

Support

Talking about customer support, it seems to be a bit of a sore spot. A lot of users talk about long waits, less-than-helpful responses, and issues that just don't get resolved. There are also mentions of accounts getting suspended out of the blue. It's not all bad, though – a few users have had positive experiences with the support team.

Bonuses & Promotions

Regarding the perks, about 30% of users are happy with the bonuses and promotions, saying they add a nice touch to their betting experience. However, the majority aren't too pleased. They're talking about missing out on promised bonuses, glitches that get in the way, and rewards that don't really feel rewarding. And again, when they try to talk to customer service about it, it often adds to their frustration.

DraftKings Sportsbook

Great Choice for NFL & NBA

Go to Website
NBA
Euroleague
B1
LNB
NBL
NJ
CO
OH
IA
VA
KY
CAD
USD
ACH/eCHECK
American Express
ApplePay
Google Pay
3814
user reviews
$10
min deposit
Varies
max withdrawal
1-5 days
withdrawal speed
1-4.7%
margin

Real DraftKings User Reviews

3814
Reviews
Updated Jan 18, 2024, 2-42 PM
35%
Positive
9%
Mixed
56%
Negative
overall
AI
User Reviews Analysis

DraftKings Sportsbook has mixed feedback from its users. This summary sheds light on their perspectives across various aspects of the sportsbook, such as functionality, payments & withdrawals, market coverage, support, and bonuses.

Functionality & User Experience

The sportsbook is praised for its diverse betting options and user-friendly interface, enhancing the overall betting experience. However, it faces criticism for performance issues like slow loading times, frequent freezing, and unreliable live betting features. The sportsbook's geolocation functionality also causes problems, leading to account lockouts and bet placement issues.

Payments & Withdrawals

DraftKings is commended for its quick deposit process. Yet, users express dissatisfaction with the withdrawal process, citing delays and difficulties in accessing their winnings, which taints the cashiering experience.

Market Coverage

The sportsbook offers a wide range of betting options, indicating extensive market coverage. This variety is likely appreciated by users, although some may desire more betting options or coverage for specific sports and events.

Support

Customer support at DraftKings is a major area of user discontent. Slow response times and ineffective problem resolution contribute to negative feedback. Issues with account restrictions and complications in the withdrawal process are frequent user complaints.

Bonuses & Promotions

The bonus bets and promotions are a highlight, with users enjoying the added value they offer. However, some users face challenges in claiming these bonuses, leading to mixed feelings about the promotional offers.

Where is DraftKings Legal?

DraftKings US Available States Map

To place legal bets or play on DraftKings, individuals are required to be 21 or older. Additionally, they must be physically present in a state where DraftKings is operational when they bet or play, though they need not be residents of that state:

Arizona | Colorado | Connecticut | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maryland | Massachusetts | Michigan | New Hampshire | New Jersey | New York | North Carolina | Ohio | Oregon | Pennsylvania | Tennessee | Virginia | Vermont | West Virginia | Wyoming 

Retail Betting
In Mississippi and Nevada, DraftKings is available for retail only.

In Canada, DraftKings has tapped into the Ontario market, where mobile sports betting is legal and active. Enthusiasts in Ontario can engage with DraftKings Sportsbook via the dedicated app, available for download and use within the province. For more information on the services offered and the legal framework in Ontario, visit DraftKings' Ontario Sports Betting page.

Market Share and Competitive Analysis

FanDuel and DraftKings have been neck and neck in the U.S. sports betting market, commanding a substantial portion of the industry. FanDuel has been the longstanding market leader, maintaining a significant presence across the states where sports betting is legal. As of late 2023, FanDuel held a market share of approximately 39.3%, marking it as the dominant force in sports betting and gambling markets. DraftKings, not far behind, secured a market share of around 34.1%, indicating a competitive position in the industry.

However, DraftKings has been closing the gap, particularly over the past year, elevating its market share from 27.7% to 32% in the 12-month period ending in May 2023. This growth did not come at the expense of FanDuel, which saw its market share remain stable despite a slight decline from 45.5% to 45.1% at the end of May compared to the same time in the previous year.

DraftKings has seen substantial gains in key states such as Massachusetts, where it's headquartered, and New York, which is the largest U.S. sports betting market. For example, DraftKings accounted for a significant portion of all gross gaming revenues in Massachusetts, surpassing $1 billion in wagers since the launch of mobile betting in March 2023.

The implications of their market dominance are multifaceted. Their significant market shares mean both FanDuel and DraftKings can influence market trends, adapt quickly to new regulatory changes, and have the capital to invest in innovative betting products and user experiences. However, their dominance also means that new entrants into the market could find it challenging to secure a foothold.

DraftKings' recent ascension in the market can be attributed to strategic moves in key states and an ability to manage marketing and customer-acquisition costs effectively. Meanwhile, FanDuel's consistent performance and high market share highlight the brand's strong customer loyalty and market presence.

This intense competition has led both platforms to continuously improve and innovate their offerings, ensuring they remain the top picks for sports betting enthusiasts across the nation​​​​​​.

Final Thoughts


In this examination of FanDuel and DraftKings, we have navigated through the complexities of their presence across the United States and internationally. With a clear view of where each platform stands legally in various states, we also highlighted the nuances of their operational strategies and their respective positions in the online and retail spaces. Their legal maneuverings, market share, and financial fortitude suggest an industry on the brink of further expansion, underscored by FanDuel's NYSE debut and DraftKings' growing market share. Both companies not only lead the current landscape but are also strategically poised for future market expansion, as evidenced by their ongoing license filings and corporate maneuvers​​​​​​. 

As we look ahead, the prospective moves of FanDuel and DraftKings will likely continue to influence the sports betting market's direction. Their potential expansions into new territories, both domestic and international, and their readiness to adapt to the evolving regulatory environment, mark a new chapter in the story of legal sports gambling. It is a narrative that promises to unfold with the persistence of legal changes and the undying spirit of competition that drives these market leaders. For those new to this rapidly expanding world, starting with a foundational understanding of sports betting through this Sports Betting 101 Guide can provide valuable insights. Moreover, exploring the broader landscape of sportsbooks offers a glimpse into the diverse betting options available today.

Interests:
NFL
CFL
NBA
MLB
NHL
ATP
UEFA
NCAA Baseball
PGA
Wimbledon
UFC
Digital Art
Collector
Publishing Books

More Comparison Articles

Meet Our Authors

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol's interest in sports was sparked at a young age, inspired by athletes such as Barry Sanders, Michael Jordan, and Wayne Gretzky. This early fascination evolved into a deep-seated passion, guiding him toward a career in sports journalism in 2007. Over the years, Sol has contributed numerous articles and reviews to various online platforms, sharing his knowledge and perspectives.

Central to Sol's approach is his dedication to honesty, especially regarding sports betting platforms. He believes in providing bettors with straightforward and detailed reviews, distinguishing his work by avoiding the often overly positive spin on bonus offers and promotions. His commitment to truthfulness has made his reviews a reliable source for those seeking authentic advice and information, thereby earning him a reputation for integrity among his readers.

“In the world of sports betting, truth is more valuable than any bonus offer.”

ExperienceYear
Content Manager, OnlineCasinoReports2012-2021
Sports Journalist, Dottraffic2009-2011
Content Writer, HouseTech2007-2009
Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.

In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content. 

Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.

 ExperienceYear
Engaged in private entrepreneurship2000-2013
Founder and President at Bookmaker Rating, an online platform focused on sports and betting2013-2020
Co-founder at Azuro, a decentralized betting protocol2022

"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports." 

- Paruyr Shahbazyan, Founder, RG

 

Principles and Ethics

Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.

Strategic Vision

Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.

Future Perspectives

Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.

 

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

Mike Rosenberg
Mike Rosenberg
Content Writer

Mike made the decision to dive headfirst into the booming world of sports betting fresh out of college. Back in the day, when 1-800 pick lines and sports pagers were all the rage, he couldn't resist the allure, having grown up idolizing sports legends like Sweetness, MJ, and Slammin Sammy. Mike dedicated his early years to the industry, tirelessly analyzing games, writing articles with free picks, and selling his expertise on reputable handicapping sites. Unlike many others, Mike was known for his integrity and only released one Game of the Year per sport, per season. His hard work and unwavering commitment paid off, earning him a devoted following and propelling his career to new heights. Then came the explosion of Daily Fantasy Sports. Believe it or not, companies like DraftKings and FanDuel used to pay Mike's company to increase their brand exposure. Now, those same industry giants don't even bother responding to his emails. While Mike appreciates the convenience of being able to place legal bets in his own backyard, he can't help but feel disheartened by what has become of the industry. People are being led astray, falsely believing that a mere $5 wager on a 20-team same-game-parlay will be their ticket to financial security. If there’s one thing Mike learned from making book back in the day, it’s that parlays are a bookie’s best friend. A bankroll is the only leg you have to stand on in the battle with the books, and Mike’s here to offer up advice on how to protect it.