Fanduel Horse Betting

A major name in the industry, FanDuel has expanded its offerings from daily fantasy sports (DFS) to sports betting.

Dec 18, 2019 The Massachusetts Gaming Commission (MGC) recently voted to grant FanDuel temporary approval to offer mobile betting on horse racing.The vote was unanimous, 4-0. The proposal came to the MGC from Suffolk Downs, which acts as FanDuel’s racing partner in the state. FanDuel Casino Michigan bonus. The traditional bonus for FanDuel online casino is a risk free first day. This welcome offer will cover your losses up to $200 within the first 24 hours after account creation. In other words, if you bump into a cold streak during your first session, the FanDuel Michigan will match your net losses (up to $200) by adding free credits to your account.

In addition to its sportsbook and DFS offerings, FanDuel now features an online betting platform for horse racing.

With FanDuel Racing, you can wager on horse races from more than 200 racetracks around the world.

FanDuel already has experience in the horse racing industry as its sister site, TVG, is a known commodity. The site offers horse race betting and live streaming channels. The FanDuel Group owns both platforms.

You can wager on horse racing via the FanDuel Racing mobile app or its website. The FanDuel Racing app is available to download in the majority of the US.

The racing app includes informative tools to help novice bettors become knowledgeable about horse racing. These consist of understanding the odds and bet types.

The operator also provides promotions, including free bets and bet insurance at select tracks.

FanDuel Racing boasts live streaming too. You’re able to view live races or replay races from tracks around the world.

Paddy Power Betfair acquired a majority stake in FanDuel in July 2018. The company was originally founded in 2009.

FanDuel Racing welcome bonus

At this time, FanDuel Racing doesn’t have many promotions in place.

Unlike FanDuel Sportsbook that provides a $500 risk-free wager for new customers, FanDuel Racing isn’t quite there yet.

Sister site TVG Racing does offer a $300 risk-free bet for new customers, using promo code LSRTVG.

TVG promo code

FanDuel Racing rewards program

FanDuel Racing also doesn’t host a rewards program, so betting on horse races will not earn you any loyalty points at this time.

Most gambling websites and sportsbooks offer some form of scheme where you can receive rewards just for placing bets.

Promotions at FanDuel Racing

Although FanDuel Racing doesn’t have many promotions in place, they do tend to rotate a few through. Here are a couple of examples:

Fanduel Horse Racing

Win bet insurance

This promotion ran in April 2020 and presumably will be repeated in the future among other promotions. For the entire month, you were eligible to get a $5 refund for bets placed on Thursday through Sunday.

If your win bet finished second for a race at a selected track, then FanDuel refunded your account up to $5.

You were limited to earning one bonus per eligible race.

Best bets of the day

Although this might not necessarily be a standard promo, FanDuel Racing offers a “Best Bets” section under its promotions.

The daily rundown provides insight and recommendations for upcoming events.

It is an excellent tool for inexperienced horse racing bettors. It gives useful intel about which horse FanDuel is picking to win a specific race.

FanDuel provides race information, including the race number, its location and the post time.

FanDuel Racing software overview

FanDuel Racing provides a user-friendly interface. Just like with FanDuel Sportsbook, it’s organized clearly and concisely presents information.

The top of the homepage provides the most important content first. It displays all the ongoing promotions available, as well as a list of races starting soon.

Just below that, FanDuel Racing shows the most popular horse races of the day. You’re able to see the post time for each race along with the top three betting favorites.

At the bottom of the page, it lists the top racetracks for that day. These typically feature the biggest races and the ones attracting the most betting attention.

With a tap or click, you’re able to select which race you’re interested in and see all the available betting odds.

FanDuel Racing is the same for the mobile app and its browser-based site. This avoids confusion when jumping between the two platforms.

FanDuel Racing also includes tabs at the bottom of the page that allow you to see your current wagers, promotions and an alphabetical list of tracks efficiently.

There’s also a “More” tab where you can find things like results to races, FAQ and customer support.

Watch FanDuel Racing live streaming

Live streaming is available for FanDuel Racing customers, too.

Instead of just waiting for race results or trying to find somewhere online to watch the race, FanDuel Racing brings the stream to you. You’re able to watch live races from more than 200 tracks, both in the US and internationally.

FanDuel also lets you watch replays from that day. If you missed the action happening live, you’re still able to see what happened by choosing a race from the “Results” page and view the replay.

FanDuel Racing app

FanDuel Racing is available as a mobile betting app for both Apple and Android users.

Those with Apple devices can download the iOS app as usual; however, Android customers must download the app from the FanDuel Racing website.

The app is nearly identical to the website version. It has the similar functionality and layout, and navigating the app is simple. You’re also able to view live streams on the mobile app.

Create a FanDuel Racing account

Signing upfor an account with FanDuel Racing is easy and should only take you a few minutes.

You’ll need to provide some basic information, including:

• Name
• Date of birth
• Address
• Email
• Phone number
• Social Security number

The only other requirement is to provide a secure password for your account.

You must also be at least the minimum age to wager legally as well as be physically located in a participating state.

Available races at FanDuel Racing

FanDuel provides a vast selection of horse races from which to choose. You’re able to wager on races from more than 200 tracks around the world.

Besides some of the most famous tracks are in the US, you can bet on the ponies at tracks in other countries, including Australia, Japan and Sweden.

Some of the most popular horse racing tracks in the US include:

Fanduel Sign In

• Belmont Park
• Dover Downs
• Gulfstream Park
• Isle Casino Racing Pompano Park
• Monmouth Park Racetrack
• Parx Casino & Racing
• Pocono Downs
• Santa Anita Park

However, FanDuel Racing doesn’t feature any locations owned by Churchill Downs. Current contractual agreements don’t allow FanDuel to offer betting lines on any tracks owned by the company.

Unfortunately, this includes several notable racetracks like Churchill Downs, the home of the Kentucky Derby.

Types of bets at FanDuel Racing

Beyond offering a wide range of tracks to wager at, FanDuel allows plenty of betting types.

After choosing a specific race, you’ll see all the available horses and their current odds.

Once you’ve made your selection, you can wager using the following bet types:

• Win
• Place
• Show
• Quinella
• Exacta
• Trifecta
• Superfecta
• Daily Double
• Pick 3/4/5/6

While these betting terms could be confusing to newbie bettors, these options are what horse racing fans expect when they want to wager on the ponies.

The majority of betting types aren’t self-explanatory, but they’re all relatively simple to understand. FanDuel Racing provides an explanation about how each bet works and the level of difficulty.

The odds at FanDuel Racing are the same as you would see if you were at the track.

Fanduel App

Unlike sports betting, money that is wagered on a specific horse is put in a pari-mutuel pool, and payouts are determined once the betting is complete. You get the same up-to-date odds as the bettors at the track are receiving.

Once a race is over, the final odds will be on display along with the payouts for the winning horse.

How to deposit, withdraw funds at FanDuel Racing

FanDuel Racing provides several methods for deposits and withdrawals.

Deposit options include:

• Debit or credit card
• E-check
• FanDuel Racing prepaid card
• Gift card
• Green Dot MoneyPak
• Money order/check
• Wire transfer
• PayNearMe

You can withdraw funds in the following ways:

• Check by mail
• Debit or credit card
• E-check
• FanDuel Racing prepaid card
• PayPal
• Wire transfer

Who can bet legally at FanDuel Racing?

Although a large portion of the US allows legal online betting for horse races, some states do not.

To create an account with FanDuel Racing, you must physically be in one of the following states:

• Arizona
• Arkansas
• California
• Connecticut
• Delaware
• Florida
• Idaho
• Kentucky
• Louisiana
• Maryland
• Massachusetts
• Minnesota
• Montana
• New Mexico
• North Dakota
• Ohio
• Rhode Island
• South Dakota
• Vermont
• Virginia
• Washington
• Wyoming

Most states only require you to be at least 18 years to wager legally; however, those in Arizona, Indiana, Iowa, North Dakota and Washington state must be at least 21.

Even though FanDuel Racing isn’t available in every state, that could change. Online gambling laws are expanding throughout the country.

If FanDuel Racing isn’t permitted in your state now, it could be soon.

Fairmount Park Racetrack will be no more. The 95-year-old Collinsville horse track will rebrand to become FanDuel Sportsbook and Horse Racing once it’s open for business.

Matt King, the CEO of FanDuel Group, said in a statement:

“We are delighted to partner with Fairmount Park to continue bringing high quality horse racing and soon additional entertainment experiences via our sportsbook to the region. Fairmount is an iconic state landmark which we plan to modernize bringing innovative technology and entertainment offerings only FanDuel can deliver.”

FanDuel Sportsbook has been operating in Illinois since late August when it partnered with Par-A-Dice Casino in East Peoria.

According to FanDuel, it will transfer its sports betting license from Par-A-Dice to the horse track “in the near future.” A FanDuel spokesperson confirmed to PlayIllinois that it would continue to operate the Par-A-Dice retail sportsbook.

However, Illinois law only allows for one mobile skin per entity. Once the transfer is complete, another operator can partner with Par-A-Dice to enter the Illinois online market, likely opening the door for BetMGM.

In October, the Illinois Gaming Board (IGB) deemed Fairmount preliminarily suitable to open a “racino,” and granted the park a sports betting license.

Apparently, FanDuel has big plans for the future downstate racino.

Fairmount Park currently in rough shape

The Collinsville track has been trending downward for years. The revenue hasn’t been there to attract top horse owners and adequately maintain the facility.

Purse sizes are among the lowest in the country.

Collinsville officials have long been hoping for Illinois gaming legislation to allow Fairmount to offer slots and sports betting. Now, that’s a reality.

According to the release, FanDuel and Fairmount will invest millions of dollars into the property, though the exact amount is unclear.

William Stiritz and Associates has owned the track since 2000, and FanDuel says it will work with the group to revitalize the track with significant upgrades.

FanDuel is experienced in the horse racing space, even if this will be the first track to carry its name. It has several partnerships with horse tracks across the country and operates TVG, the horse race betting and TV service.

As part of the deal, the St. Louis Derby will also return next season. It hasn’t been run in Collinsville since 2006, and the agreement will help fund the event’s $250,000 purse.

Exact terms between FanDuel and William Stiritz and Associates are unknown, but based on the rebrand, one would have to think that FanDuel has acquired a significant stake in the track.

FanDuel is the second Illinois sports betting operator to partner with a race track. PointsBet partnered with Hawthorne Race Course near Chicago to secure market access, but the Hawthorne name will remain on the horse track.

“Fairmount Park is excited to extend our partnership with FanDuel Group to now include their sports gaming platform,” said MelissaHelton, the general manager of Fairmount Park. “This partnership will allow the park to remain an important economic driver for the surrounding communities.”

FanDuel off to a solid start in Illinois

In FanDuel’s first full month as a live Illinois sports betting operator, it recorded $78.6 millionin handle.

That was third behind BetRivers and DraftKings. However, the gap between FanDuel and fourth place PointsBet was almost $70 million.

Meanwhile, FanDuel was only about $20 million behind second place DraftKings. That duo gained serious ground on BetRivers from August to September, and it’s fair to wonder whether both will overtake BetRivers at some point.

This deal should also help increase FanDuel’s retail presence in Illinois.

Despite quality online numbers, Par-A-Dice Casino recorded just $191,650 in retail handle in September. That was seventh out of Illinois’ eight retail sportsbooks.

Collinsville is located about 20 minutes from downtown St. Louis, which is part of what makes it enticing for FanDuel. It will have to compete with DraftKings at Casino Queen in East St. Louis and Argosy Casino Alton for foot traffic, but there’s proven betting interest in the area.

Those two casinos combined for $4.7 million in retail sports betting handle in September, by comparison. And FanDuel will also be able to offer horse racing, unlike those two casinos.

Exciting times are ahead for both FanDuel and DraftKings in Illinois. The latter will eventually add another retail sportsbook in tandem with the Chicago Cubs at Wrigley Field.