FanDuel Racebook in Colorado: Everything you Need to Know

In this article, we will review FanDuel's Racebook.

FanDuel Racebook Review: Tracks and Bet Types

The FanDuel Racebook features over a hundred and fifty racetracks from all around the globe. For example, they feature tracks from Sweden and South Korea to South Africa and India. At FanDuel, you can find three race types:

  • Thoroughbred
  • Quarter Horse
  • Harness

You can also wager on US races and International ones. They also provide free predictions and statistics for the horses, jockeys, trainers, and tracks. For their streaming and betting services, they have partnered with TVG, which are a part of the FanDuel Group, so don't be surprised if you are redirected to TVG if you try to open the platform via desktop. Most people would look for the North American races and tracks, which you can find in the “Tracks” menu. The types of Horse Racing wagering you can find on the FanDuel platform is the usual you would expect. For example, you can place bets on:

  • Show
  • Win
  • Place
  • Exacta
  • Trifecta
  • Superfecta
  • Quinella
  • Superhighfive
  • Daily double

FanDuel Race Odds

As you can imagine, Horse Racing is a little bit different than standard sports wagering. When it comes to the Odds, FanDuel only displays the “Win” odds. The displayed odds estimate the ratio of bets on a particular horse to the total wagered in the Win Pool. FanDuel also shows you an estimated profit of the wager on the specific horse. The favorite horse is the one with the largest pool. Keep in mind that only using the odds as a factor you can't predict which horse will win a race. In most cases, the favorite horse ends up losing.

Promotions & Bonuses

FanDuel offers its customers a reasonable welcome offer. If you sign up and download their mobile app, you will receive $5 Free, and as a bonus, they will even match your first deposit up to $50. Some of the essential terms and conditions are:

  • The offer is for new customers only.
  • You will receive your bonus after you make your first deposit.
  • The bonus will expire within fourteen days.
  • These terms and the offer are valid until June 30th, 2020.
  • Your first deposit will only get matched up to $50.

FanDuel also runs other promotions for its existing customers. The amounts and promotional terms vary depending on the promotion, and these types of bonuses are available for a short time. For example, at the time of writing, they offer three additional bonuses:

  • Win Bet Insurance – $5 back of your horse finishes second.
  • Best of the Day

These types of promotions are posted regularly, and the only thing that changes is the eligible tracks and races for each day/week. You can see the latest available bonuses in the “Promos” tab of the mobile app. FanDuel's long term customers are also aware of the Wager Rewards program, but to be eligible, you will have to opt-in from the related page.

FanDuel Racebook FAQs

How can I deposit into my FanDuel account?

Depositing happens via the “More->Deposit” link. Next, you have to choose your deposit method from the list below:

  • Debit/Credit Card
  • Wire Transfer
  • E-Check
  • Green Dot MoneyPak
  • Money Order/Check
  • PayPal
  • FanDuel Prepaid Card
  • PayNearMe
  • Gift Cards

Next, you have to enter your payment details and click on “Authorize Deposit” to finish the transaction.

How can I withdraw from my FanDuel account?

Withdrawing happens via the same menu as Deposits – More->Withdraw. Then you have to choose the withdrawal method and the amount and click on “Authorize Withdrawal.” The available withdrawal methods are:

How long do the withdrawals take?

That depends on the method you choose.

  • Check – ten business days
  • Wire Transfer – one or two business days
  • FanDuel Prepaid Card – thirty hours
  • VISA Debit Card – twenty-five hours after processing
  • PayPal – 24-30 hours to process
  • E-Check – five business days

Are there any withdrawal fees by FanDuel?

That depends on the method you are using. Usually, there aren't any fees, except for wire transfers ($15) and when you want your check mailed to you overnight ($40).

Can I have a FanDuel Racing account if I live in Colorado?

Yes, you can. CO is one of the eligible states whose residents can create a FanDuel Racing account.

How do I contact the FanDuel Support team if I have a problem?

You can contact the Support team via e-mail, direct message, and we expect phone number support to be open sometime in the future. You can access the Support menu from the “More” button on the bottom of the platform.

What happens if a runner I bet on is scratched?

Two outcomes are depending on the type of bet you placed. If you placed a single type wager, you get a full refund after the race, and if your wager is a part of a combination and the other is still valid, you will get a partial refund.

Will there be racetracks or OTB facilities that will partner with FanDuel in Colorado?

We can't say for sure, but there might be such racetracks or facilities in the future in regions like Black Hawk, Central City or Cripple Creek.

FanDuel Racebook Review: Other Assets

Punter Experience

The FanDuel Racing platform was easy-to-navigate. All the useful links like “Home,” “Tracks,” “My Bets,” “Promos,” and “More” are on the bottom bat, and via them, I could access everything that the platform has to offer. I hope the desktop platform they plan on releasing in the future would also be user-friendly and efficient like the mobile one. Last but not least, the color-scheme was traditional to the FanDuel brand, and the colors weren't heavy on the eyes.

Is Live-Streaming Available?

Live-streaming is one of the best features when it comes to sports betting. FanDuel provides streaming for almost all of the races on their schedule. They stream from over three hundred tracks each day so you can be sure that you will find what you are looking for even if it's an international race. And the best part is that it is entirely free. You don't have to pay any subscription fees to use the feature. The only requirement is to have an active account with FanDuel and have a positive balance in it. Keep in mind that currently, you can't access the live-streaming feature on a desktop platform. For the best streaming experience, you might want to open the site from a mobile device or a tablet, or the best option would be to download the mobile application.

FanDuel Racing Mobile App

For now, FanDuel Racing is mainly a mobile app platform. They plan on releasing their desktop platform shortly, but currently, the best racing experience is on the FanDuel mobile app.

You can watch and bet on a new race every five minutes. You also have access to betting tutorials and articles on different topics for new punters who don't know the sport. You also get free statistics and numberFire analysis. If you already have a DFS or Sportsbook account, you won't have to create a separate one for the Racing app – you can use the same log-in details.

When you download and install it, you will have to enter your details (if you already have an account) and go through a verification process so FanDuel can make sure that it's your account. The app is free, so you don't have to buy it. You can download it from the link in FanDuel Racing's mobile site or via the App Store. If you own an Android device, you will have to play via the FanDuel mobile site until they release an Android version of the app sometime in the future.

Top FanDuel Racebook Features

FanDuel Racing is still new, but they have some features that will put them on top of the market. Our favorite ones are live-streaming because they feature so many races from all around, the high-end mobile app available in many states, including CO.

Positives & Negatives of FanDuel Racing

Pros (+)

Cons (-)

  • Fast and secure mobile platform
  • No desktop platform, for now
  • Free mobile app
  • Only available in licensed states
  • Live-streaming available for 300+ tracks
  • Plain website design
  • Over 150 tracks featured from around the world
  • Still in development mostly.

FanDuel Racebook Review: Final Opinion

FanDuel has already made a name for themselves in the sports betting and daily fantasy sports scenes. Now they’ve also decided to offer Horse Racing separately from the Sportsbook, much in the same way as Draftkings Racebook could do. They have an abundance of tracks to provide races from and the best odds displayed. They also have features like live-streaming that will attract horse racing betting enthusiasts from all around the US. FanDuel Racing isn't perfect because they still need to release a desktop platform for their customers. For now, they only have a mobile app that functions as their primary platform. Their banking options are also enough, and they might not be that diverse, but they are plenty compared to what other racing bookies offer. Overall, FanDuel Racing is a platform still in progress, but they have plenty to offer, and they proved that by releasing their mobile app without a desktop platform.