FanDuel Colorado Sportsbook Review

fanduelSince 2009, FanDuel has become one of the biggest names in the daily fantasy sports industry. However, with sports betting becoming legal in several states and many more states likely to follow, FanDuel has also created a sportsbook for online gamblers.

For bettors in Colorado who recently got the go-ahead to make legal sports bets within the state’s boundaries, FanDuel provides one more option as they begin to explore the world of legal sports betting. With a strong reputation in the DFS community, it’s worth exploring the FanDuel sportsbook further to see if it might be a good fit for some Colorado residents who are eager to place legal wagers on sporting events.

FanDuel’s bonus offers for Colorado players

Online SportsbookFanDuel Sportsbook CO
Promo CodeNone - Use Links
Free Bet BonusN/A
Deposit Bonus$1,000 Risk-Free Bet
Last UpdatedApril 2021

For new FanDuel sportsbook users, including those in Colorado, the site offers a $1,000 risk-free bet for your first bet. This means that when you first sign up with FanDuel, you can add any amount of money you want to your account. You can then make your first bet for any amount you want up to $500, knowing that if you bet wrong, you’ll get that amount back in site credit.

For example, if you make a $100 bet on a game and pick wrong, FanDuel will give you an extra $100. You won’t be able to cash out with that money, but you’ll be free to use it on future bets. In a way, it’s like making your first wager on FanDuel with house money.

If you take the $100 in site credit and win your next bet, only your winnings from that bet will be available to withdraw. However, you’ll essentially have $100 in site credit to keep using to win bets until you lose it.

Unfortunately, there is no extra reward for picking your first game correctly. However, knowing that FanDuel will match what you lose on your first bet up to $1,000, you can be a little more aggressive right off the bat and perhaps set yourself up for a big payday knowing that you have a little bit of a safety net on your first bet.

Prospective sports bettors in Colorado should also keep an eye on other potential sign-up promotions that FanDuel offers. In the run-up to Super Bowl LIII, FanDuel offered a promo that allowed new users to wager $5 on the outcome of the Super Bowl with a chance to win $265. There is nothing like that currently available, but it does show that FanDuel is willing to get creative with its promotions and entice new users.

Ongoing promotions at FanDuel

As evidenced by its Super Bowl LIII sign-up bonus, FanDuel has quickly become known for its creativity with promotions. It makes it easy for users to claim all of the ongoing promotions by listing them on a banner at the top of the sportsbook homepage. They tend to change frequently, so users who only check in every few days or once a week should be aware that new promotions may have popped up in their absence.

Currently, FanDuel is offering to refund any losses on its casino games up to $200 during the first 24 hours a new user plays the casino portion of its gaming site. For sports bettors, FanDuel is currently offering parlay insurance.

For parlays of five games or more across any sport, users can get up to a $25 refund if they miss their parlay by only one game. FanDuel also tends to run promotions during some of the biggest events of the year, including the Super Bowl, NCAA tournament and NFL draft.

It’s also worth noting that FanDuel likes to run different promotions for sports bettors, depending on their location. For example, it once moved the point spread for a Colts game against the Saints to +51 for bettors in the state of Indiana.

It remains to be seen what Colorado-specific promotions FanDuel will come up with for users from the Centennial State, but it’s a safe bet that it will come up with something creative at some point for the folks in Colorado.

Sign-up instructions

Like other online sportsbooks, the FanDuel sportsbook is only accessible for those who live in a state where sports betting is legal and where FanDuel is licensed to operate. The site uses geolocation technology to make sure the person placing the bet is physically inside the state of Colorado or one of the other states where sports gambling is legal. This has become standard in the sports betting industry.

Oddly enough, even for people outside of those states, it’s possible to look around the site to check it out and even sign up for an account. This can be useful for people in states that could add legal sports betting in the future, as well as visitors to Colorado and other states who want to check out FanDuel before entering a state where they can legally bet on sports.

For those who decide to sign up with FanDuel sportsbook, the process is simple and shouldn’t take longer than a few minutes. Naturally, it requires basic information, including your name and birth date to confirm that you’re at least 21 years old. The sign-up page also asks you for a username, email address, password and two security questions.

After signing up, depositing money into your FanDuel Sportsbook account is just as simple. FanDuel only requires a minimum deposit of $10 to get started. You can transfer this to your account via PayPal, a checking account, a credit or debit card, an e-check, a FanDuel Prepaid Card or even PayNearMe.

When it comes time to withdraw your winnings, a PayPal deposit or ACH into a checking account are usually the best options. Other withdrawal methods can vary from one state to the next. The good news is that FanDuel offers a win/loss statement as part of your profile, which can make it easy to track your winnings for tax purposes.

Sportsbook features

Compared to other online sportsbooks, FanDuel has one of the most extensive features for sports betting. It offers the following betting options, as well as a tutorial on how each works so novice bettors can quickly get up to speed.

Spread

This is the most common form of sports betting. It involves predicting the result of a game based on a point spread that indicates that one team is favored to win the game by a certain margin over the underdog.

Moneyline

Moneyline betting involves picking the winner of a sporting event straight-up without regard to point spreads or the margin of victory. The moneyline for the two teams involved can be either high or low, depending on their chances of winning the game. It can pay off well for bettors who can accurately predict upsets.

Parlays

FanDuel makes it easy for users to put together parlays, which is linking multiple bets together for the chance to earn a higher payout. As mentioned, FanDuel is currently running a promotion that can reduce some of the risk present in parlays.

Teasers

Teasers are a slightly more complicated type of betting similar to a parlay. It involves betting on at least two games at the same time with bettors having the option of adjusting the point spread on those games.

However, the potential payout is reduced if the point spread is changed, so the chances of winning can be increased, but the profit may not be as much as traditional point-spread betting. FanDuel offers teasers for both football and basketball.

Round robin

FanDuel also has a tab for putting together round robin bets. This involves turning at least three bets into small parlays and making wagers on various parlay combinations.

Unlike parlays, you don’t have to win every bet to cash in on a round robin. Even if it sounds confusing, FanDuel’s setup makes it easy for bettors to understand if they want to try a round robin.

Total

Total betting ignores winners and losers in a game and focuses on the total number of points scored. Every matchup has an over/under total, and bettors pick whether they think the final score will be more or less than the total.

Alternate lines

For some sporting events, FanDuel allows bets on alternate lines. This allows users to place bets on a point spread that’s different from the official spread at lower odds. For example, rather than picking a team to cover a 6.5-point spread at -110 odds, they can bet on that team to cover a 3.5-point spread at -200 odds.

Futures

For sports that are both in season and out of season, FanDuel offers a wide range of futures betting. This typically involves picking the champion of a sport either during the offseason or in the middle of the season.

For example, bettors can place odds on the winner of the next World Series or the upcoming Super Bowl. However, picking division and conference winners is also possible, as well as betting on a team’s win total. Futures betting on individual players winning postseason awards is also popular among bettors.

Prop bets

For any given sporting event, FanDuel offers a variety of prop bets. These can vary from one sport to the next but can include the first team to score, predicting the exact score, and over/under bets on the statistics of a certain player.

Half markets

For certain sports, FanDuel has half market bets that allow users to bet on the results of only half the game. These bets can involve point spreads, point totals and other common forms of betting, but only apply to a particular half of the game.

Customer service

Customer service for the FanDuel sportsbook comes in a variety of ways. For starters, there is a phone number listed for users to call 24/7.

There is also a live chat function that’s available 24/7 and a mailing address. The email address [email protected] is also available on the FanDuel website for users with questions or concerns. It’s also possible to submit a formal request to FanDuel.

In addition to all of the different methods to contact a FanDuel representative, the website has an FAQ page with over a dozen questions and answers listed. There is also a “Help” link conveniently located at the top of the page that takes users to a page where they can seek assistance or information in 10 subject areas related to online betting or search for a specific topic. The side of the page also includes links to terms and conditions, house rules and responsible gaming.

In other words, the help available on the FanDuel website is rather extensive. In all likelihood, you may be able to find the answers to your questions without an email or live chat, although those functions remain available.

Mobile app

The FanDuel Sportsbook mobile app looks and functions as well as any other mobile app. It’s available for both iOS and Android devices and should be easy to pick up for anyone with knowledge of sports or sports betting. Even for people who are sports betting novices, the mobile app is designed in a way that should be easy to figure out.

The FanDuel app has a white background, which makes it easy to read. Also, much like the sportsbook website, it avoids clutter as much as possible.

The app will also keep the most important information on the screen at all times, so users don’t have to constantly scroll up and down. Perhaps most importantly, users rarely report crashes or issues with the speed, especially when using Wi-Fi.

Overall, the functionality is no different from the website. There is a trash symbol users can hit to remove any potential wager before it becomes official.

In the event you get turned around and can’t find your way, the app includes an “AZ” button at the bottom of the page that will guide you back to the homepage. However, most people with experience navigating apps on their preferred mobile device should be able to find their way without much trouble.

Bettors are able to set personal limits on how much they’re able to deposit into their FanDuel account and how much they can spend on bets. They can also enact a “cool down” period when they won’t be able to place bets. This helps prevent betting and gambling from becoming an unhealthy addiction while also helping users stick to a budget and avoid spending more than they can afford.

Sports markets available

Not surprisingly, FanDuel offers betting options in a wide variety of sports, all of which appear on the left side of the sportsbook page. All of the major sports are offered, including MLB, NBA, NHL, college football and college basketball. FanDuel also covers all of the world’s major soccer competitions, as well as small leagues like the Belarusian Premier League, one of the few leagues that continued playing amid the coronavirus pandemic.

Among less-traditional sports, FanDuel also offers betting options for boxing, cricket, cycling, darts, golf, MMA, NASCAR, tennis and table tennis. It also takes bets on major events like the NFL and NBA drafts. For the most part, esports are the only notable option that some competing sportsbooks offer that FanDuel doesn’t make available to users.