How to Win a Bet on FanDuel Sportsbook

How to Win with FanDuel

📈Work Out Probabilities
💡Jump On Markets Early
📽️Embrace Live Betting
🥇Use Promos To Your Advantage
📊Do Your Research

As one of the most reputable sportsbooks in North America, FanDuel has a massive player base. Those without a FanDuel account can sign-up and take full advantage of a lucrative welcome bonus. If you’re already registered with FanDuel, then you might be wondering how to formulate a winning betting strategy.

Risk is a part of betting. There are never any guarantees of winning. The key is trying to skew the odds in your favor by identifying value markets and getting an edge over the sportsbooks over the course of the year.

The internet is not short of betting tips when it comes to high-profile platforms like FanDuel. Not all of that advice is helpful, though, so we have compiled our own key points for those looking for how to win with FanDuel.

Work Out Probabilities

It is important to work out probabilities when betting with FanDuel. This is both relevant to your predictions and the implied probabilities from FanDuel’s odds. For instance, if FanDuel has the Milwaukee Bucks at +1000 to win the NBA title, it’s vital you are aware the implied probability is 9.1%.

Your challenge is then figuring out if you give the Bucks a better than 9.1% chance of winning the Finals. If you give Milwaukee a notably higher chance, then it’s a value bet. Whether using statistical models or your own rough projections, probabilities are a huge part of online sports betting.

In a single-game example, you might find the Kansas City Chiefs are -140 on the moneyline against the Buffalo Bills. This would mean the Chiefs carry an implied probability of 58.3%. Using an online calculator to show implied probabilities is also useful to see how much juice the sportsbooks are taking.

Some bettors will have their own complex projections to figure out the likelihood of bets cashing. Alternatively, you can use publicly available projections from sites like Fangraphs and the Sports Reference network to identify betting value.

Jump On Markets Early

Don’t be afraid to back a bet early if you like the price. Obviously, bettors are looking at futures markets throughout the year, and it’s a good idea to monitor odds movement to take advantage of any value prices.

When it comes to specific games/events, we would also encourage you to consistently keep an eye on which markets are available and where the odds lie.

For instance, if the Dallas Cowboys have opened as six-point favorites over the Philadelphia Eagles, you could benefit from backing the Cowboys early before other bettors push their line to over a touchdown.

Betting early is usually beneficial if you’re on the same side as most of the handle. This can also work in your favor if there is uncertainty over the availability of a key player. The odds are likely to reflect this – getting in early can allow you to get a more favorable wager before the price/line moves.

Experienced bettors will recognize patterns in the betting markets. Nailing the timing of your wagers can lead to significant profits over the course of the year.

Embrace Live Betting

Live betting can be daunting for new bettors. It is not as complicated as it might seem, despite the ever-changing odds, paused markets, and diverse range of betting options.

Honing a successful live betting strategy requires pre-game research and an expert-level understanding of the sport.

If you're betting on the MLB and watching the New York Yankees against the Boston Red Sox, your chances of nailing an in-game bet are improved dramatically if you have in-depth knowledge of the teams and players involved.

We would always advise using data along with your betting instincts. For example, if Gerrit Cole’s fastball has lost a tick and he’s ridden some batted-ball luck, it might be a good time to back the Red Sox on the moneyline. Maybe you also take the under on Cole’s strikeouts and the over on his earned runs for the game.

We would always advise using data along with your betting instincts.

Of course, betting once a game is underway requires decisiveness and quick thinking. It’s not for everyone, but FanDuel has an exemplary live betting offering, which it is worth trying out.

Use Promos To Your Advantage

FanDuel are among the market leaders in the quantity and quality of their promotions. Bettors should do all they can to take full advantage of FanDuel’s offers from free bets to matched deposits and boosted odds.

Familiarize yourself with FanDuel’s promotions whenever you’re looking to place a bet. All of their promos can be found on a dedicated page on their website/app. They will also be pushed on social media.

At the time of writing, FanDuel has a catalogue of same-game parlay boosts and a few risk-free bets. Look at the requirements and see if these are applicable to your betting habits.

A same-game parlay boost could elevate your selections from a touch-and-go wager to a great value pick. Whether it’s the opening week of the NFL season or Game 7 of the World Series, you can experiment with same-game parlays to find the right bet for you.

Bet with FanDuel

Do Your Research

Last but not least, it is paramount that you do sufficient research whenever placing a bet on FanDuel. This means a deep dive into form, injury news, head-to-head records, player performance, and more.

If you’re analyzing player props, see how the player has fared against this opponent in the past.

For example in NBA betting: If LeBron James has had over 6.5 assists in eight of his last 10 games, perhaps it’s a good day to back the over. You also want to check how many assists the other team concedes, and what their underlying defensive metrics show. What sort of shots does LeBron create for his teammates? Do the opponents give up these shots at a high rate?

For a spread, total, or moneyline, we would recommend looking into the recent results of the two teams, how they have got on in previous meetings, and how particular players have performed when going head-to-head. In the case of the NFL, head coaching matchups are worth researching, too.

In the case of the NFL, head coaching matchups are worth researching

There is a growing number of sites dedicated to providing betting statistics for totals and spreads. Use the filters on these sites to find the data most appropriate for the market you are weighing up.

The options for sports betting research are plentiful. Bettors have no excuse. Use the tools at your disposal to guarantee you are making a well-informed betting decision.