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FanDuel vs Fanatics Sportsbook

FanDuel vs Fanatics Sportsbook — Live Odds Side-by-Side

Live FanDuel vs Fanatics Sportsbook odds across MLB, NBA, NFL and NHL games happening right now. Kalshi and Polymarket overlays included — see which book is offering the best price on each market.

FanDuel

Largest US online sportsbook market share

sportsbook

FanDuel is the US online sportsbook arm of Flutter Entertainment (LSE: FLTR), consistently #1 or #2 in US market share with deep coverage and aggressive new-user promos.

Visit FanDuel
Founded2009 · Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones, Chris Stafford
HQNew York, NY (US HQ); London (parent Flutter HQ)
CEOAmy Howe (FanDuel CEO); Peter Jackson (Flutter Group CEO)
Employees~3,000 US (FanDuel); ~30,000 (Flutter Group)
Public tickerParent: NYSE: FLUT / LSE: FLTR
ParentFlutter Entertainment plc (LSE: FLTR; NYSE: FLUT)

Regulation

RegulatorState gaming commissions (varies by state)
States20+ US states for online sports betting

Scale · 2025-Q4

Monthly volumeHandle of ~$3–4B/month (US); Flutter Group ~$30B+ globally
Annual volumeFanDuel ~$45B+ annual handle (2024)
Users~3M+ US monthly active users

Funding

Total raisedN/A — parent Flutter is publicly traded since 2002 (FanDuel itself wholly owned)
Last roundFlutter NYSE listing January 2024
Last round sizeN/A — secondary listing, no new capital
ValuationFlutter market cap ~$30–40B; FanDuel US arm valued internally at $20B+
Key investorsFlutter Entertainment (100% owner)

Product

FeesVig ~4–5% on moneylines; higher on parlays
Min position$0.10 minimum bet
Max positionVariable per market; sharps may face per-bet limits
SettlementUSD
Withdrawal1–5 business days for ACH; same-day for PayPal/Play+
MobileiOS, Android (in licensed states)
PaymentsACH · Debit card · PayPal · Play+ prepaid · Online banking

Fanatics

Fan-loyalty-driven sportsbook from the merch giant

sportsbook

Fanatics Sportsbook launched in 2023 from sports merchandise giant Fanatics Inc., absorbing PointsBet's US operations to enter the online betting market with aggressive new-user pricing.

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Founded2023 · Michael Rubin (Fanatics founder/CEO)
HQBoca Raton, FL
CEOMatt King (Sportsbook CEO); Michael Rubin (Fanatics Inc. CEO)
Employees~500 sportsbook-specific
ParentFanatics Inc. (private)

Regulation

RegulatorState gaming commissions
States20+ US states

Scale · 2025-Q4

Monthly volumeHandle ~$300–500M/month (rapid growth)
Annual volume~$5B+ annual handle 2025 (projected)
Users~500k+ monthly active and growing fast post-PointsBet absorption

Funding

Total raisedFanatics Inc. has raised $4B+ in venture (multiple rounds)
Last roundFanatics Inc. Series F, Dec 2022
Last round size$700M
ValuationFanatics Inc. valued at $31B (Dec 2022 round)
Key investorsSoftBank, MLB, NFL, Fidelity, BlackRock, Eldridge Industries

Product

FeesVig ~4–5%; aggressive boosts and odds-improvement on home-team bets
Min position$0.50 minimum bet
Max positionGenerous during growth phase; limits expected to tighten over time
SettlementUSD
Withdrawal1–3 business days ACH; same-day for some methods
MobileiOS, Android
PaymentsACH · Debit card · PayPal · Apple Pay · Online banking

Feature-by-feature comparison

Side-by-side dimensions that matter when choosing between FanDuel and Fanatics. Volumes are best-effort as of 2025-Q4.
DimensionFanDuelFanatics
Categorysportsbooksportsbook
Founded20092023
HeadquartersNew York, NY (US HQ); London (parent Flutter HQ)Boca Raton, FL
RegulatorState gaming commissions (varies by state)State gaming commissions
States available20+ US states for online sports betting20+ US states
Monthly volumeHandle of ~$3–4B/month (US); Flutter Group ~$30B+ globallyHandle ~$300–500M/month (rapid growth)
Annual volumeFanDuel ~$45B+ annual handle (2024)~$5B+ annual handle 2025 (projected)
Total raisedN/A — parent Flutter is publicly traded since 2002 (FanDuel itself wholly owned)Fanatics Inc. has raised $4B+ in venture (multiple rounds)
Reported valuationFlutter market cap ~$30–40B; FanDuel US arm valued internally at $20B+Fanatics Inc. valued at $31B (Dec 2022 round)
Parent companyFlutter Entertainment plc (LSE: FLTR; NYSE: FLUT)Fanatics Inc. (private)
Public tickerParent: NYSE: FLUT / LSE: FLTRPrivate
Fee structureVig ~4–5% on moneylines; higher on parlaysVig ~4–5%; aggressive boosts and odds-improvement on home-team bets
Min position$0.10 minimum bet$0.50 minimum bet
Max positionVariable per market; sharps may face per-bet limitsGenerous during growth phase; limits expected to tighten over time
SettlementUSDUSD
Withdrawal1–5 business days for ACH; same-day for PayPal/Play+1–3 business days ACH; same-day for some methods
PaymentsACH, Debit card, PayPal (+2 more)ACH, Debit card, PayPal (+2 more)
Mobile appsiOS, Android (in licensed states)iOS, Android
Product categoriesSports betting, DFS contests, iGaming/casino, Horse racing (TVG)Sports betting, Tied to Fanatics merch + tickets (FanCash loyalty)

Use FanDuel when…

  • Recreational bettors looking for the most US user-friendly app
  • Same-game parlay players
  • Users who want a single ecosystem for fantasy + sports + casino

Use Fanatics when…

  • Fans who already shop at Fanatics + want loyalty rollover
  • New-user promo seekers (frequent boost/match offers)
  • Sharps who've been limited at DK/FD and want a temporary home

FanDuel strengths

  • #1 or #2 US sportsbook by market share
  • Sharp pricing on NFL/NBA mainlines + strong same-game parlay product
  • Backed by Flutter's global tech + actuarial team
  • Generous new-user promos (often $200+ first-bet bonus)
  • Single app for DFS + sports + casino + horse racing

FanDuel trade-offs

  • Vig + parlay margin same magnitude as DraftKings (no edge there)
  • Limits winning users — Sharps reportedly hit caps faster than at DK
  • State availability constrained — not in CA, TX, FL, HI, AK
  • Limited cashout flexibility vs European Flutter properties

Fanatics strengths

  • FanCash loyalty — bets earn rewards redeemable on Fanatics merch + tickets
  • Aggressive new-user pricing and home-team boosts
  • Backed by Fanatics' deep league relationships
  • Reasonable limits during the growth phase (sharps haven't been heavily limited yet)

Fanatics trade-offs

  • Newest operator — line accuracy still improving on niche markets
  • Limited futures + prop coverage vs DraftKings
  • Mobile app stability issues reported at launch (improved by 2025)
  • Limits expected to tighten as market share grows
Live Odds — Next 72 HoursRefreshed live; Kalshi/books typically refresh every 5-30 min
No active games in the next 72 hours across MLB, NBA, NFL, NHL, or NCAA football. Check back during in-season weeks for live comparison data.

FanDuel vs Fanatics Sportsbook — practical differences

FanDuel: #1 us market share by revenue. strong nfl/nba totals & spreads. best-in-class ux. Fanatics Sportsbook: fancash rewards convert directly to fanatics retail credit — unique to apparel buyers. For most regulated US bettors the right strategy is to hold accounts at both and line shop — neither book consistently leads on every market.

Where the gaps appear

Game lines (h2h, spreads, totals) on major-league sports usually agree within 1-2 percentage points between FanDuel and Fanatics Sportsbook — the books pull from similar pricing services and adjust against each other in real time. Player props and futures are where divergence shows up: market depth differs, and one book will price stale relative to the other for hours at a time when news drops.

FAQ

FanDuel vs Fanatics Sportsbook — which has better odds?
Neither consistently wins. Across MLB and NBA moneylines, FanDuel and Fanatics Sportsbook prices typically agree within 1-2pp, with each beating the other on roughly half the markets. The biggest gaps appear on player props and futures where market depth differs.
Should I have accounts at both?
Yes — line shopping between major regulated US books captures 2-5% extra EV over a season. The 90 seconds it takes to check both before placing a bet is the highest-hourly-rate work in regulated betting.
Which book has better promotions?
Both offer competitive new-user offers ($200 in bonus bets on first $5 bet (offer varies by state) vs $100 in bonus bets per day for 10 days (new users, state-dependent)). Ongoing promos cycle: FanDuel historically runs more SGP boosts; Fanatics Sportsbook runs more odds-boost specials on chalk parlays.
How do exchange prices (Kalshi, Polymarket) compare?
Kalshi and Polymarket frequently price 3-10pp off both FanDuel and Fanatics Sportsbook on the same market. SportsBookISH overlays the exchange prices on every event so you can spot when the sportsbooks are out of step with the regulated exchange consensus.

Sources and further reading

All figures best-effort as of 2025-Q4. Funding, valuations, and volume are sourced from public filings, official communications, and third-party trackers (Crunchbase, Wikipedia). Affiliate disclosure: SportsBookISH may receive a referral commission when readers sign up for a regulated sportsbook or prediction market via links on this page.

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