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21 Top Casinos Pay by Phone Bill | Mobile Deposits [2020]

casino pay by phone bill

Summary:

  • Benefits of using Pay by Phone Bill Casinos over using a debit card.
  • Quick How-to and Video Guide to placing your first Pay via Mobile deposit.
  • List of 21 Casinos Pay by Phone plus new sign offers available.

Later on we’ll explain how PAYG (Pay-as-You-Go) customers can get some free-ish credit every month.

What is Pay by Phone?

It’s a new mobile payments platform similar to PayPal that allows you to pay for goods and services using your phone bill.

Instead of entering and paying on your debit card, the transaction is added to your phone bill and paid when your next bill date is due.

Pay by Phone Bill Casino’s allow customers to deposit funds via their network carrier, the transaction cost is then added to their phone bill.

How does it work?

Pay by Phone works in conjunction with your mobile network provider to authorize transactions using your phone bill.

Have you ever tried to pay for parking via text? Well it uses the same technology. The cost is added to your phone bill statement at the end of the month.

Why would I want to deposit by Pay by Phone?

There are several benefits of using Pay by Phone casino’s over using your debit card, but the main reasons are for convenience and security.

As you’ll find out, it’s much quicker and easier to use Pay by text casinos as they do not require you to enter any card details. You just enter you phone number, the amount you want to deposit, confirm the transaction via text and you’re done.

Pay by Phone is also much more secure than debit cards – which we’ll come to later on.

Here’s a list of the Pros and Cons of using Casinos that accept pay by phone bill deposits.

21 Top Ranking Casinos Pay by Phone Bill

10 Free Spins with your First Deposit

"No Wargering, No Nonsense"

Min Deposit £10

18+ Full T&Cs apply.

30 Free Spins + 100% bonus up to £300

"Best Fairplay Casino"

Min Deposit £10

18+ Full T&Cs apply.

up to 120 Free Spins

"300% up to £50, 40x Wagering"

Min Deposit £10

18+ Full T&Cs apply.

up to 50 Free Spins

"Free Spins on Reel Royalty, 20x wagering"

Min Deposit £10

18+ Full T&Cs apply.

£10 + 100 Free Spins

" 200% Deposit Match up to £100, 20x Wagering"

Min Deposit £10

18+ Full T&Cs apply.

50 Free Spins

"200% up to £100, 40x Wagering"

Min Deposit £10

18+ Full T&Cs apply.

Win up to 500 Free Spins

"min deposit £10, 65x Wagering"

Min Deposit £10

18+ Full T&Cs apply.

up to £200 + 50 free spins

"Best Rainbow Riches Pay by Phone Bill"

Min Deposit £10

18+ Full T&Cs apply.


How to Deposit via Pay by Phone – Quickstart Guide

Here’s a quick guide to depositing by Pay via Phone with Casumo.

Although there may be some slight changes, in general you can use the same steps as below for all of the casinos in our list.

1. Go to Accounts > Deposit.
2. Select the Pay by Phone icon.
3. Enter your mobile phone number.
4. Type the amount you want to transfer.
5. You will now receive a text to confirm the transaction.
6. Follow the instructions on the text message.
7. Funds are instantly available in your account.

As you can see Pay by Phone Casinos are insanely simple to deposit when using your phone bill. But it’s not just convenience that makes this ground-breaking tech so appealing, here are a few reasons why it’s a game-changer.

Text SMS Message Authentication ensures that only the user of the phone can verify payment.

Enhanced Security

Pay by Phone has an extra layer of security to ensure that no fraudulent activity occurs.

Once a payment request has been made, the user will receive a verification text message which requires you a response to confirm the transaction.

So if someone tried to use your phone number to fund their account, they won’t receive the security text message to confirm the transaction and will not receive the funds.

More companies such as PayPal, Amazon and Google are using 2FA (Two-Factor Authentication) to reduce the risk of fraudsters hacking your account.

Avoid being Hacked

Minimize your chances of being hacked by reducing the amount of information you input on your device.

The problem with modern viruses or malware is that they no longer let themselves known to the user. Most of the time they’ll sit in the background harvesting data such as credit card details, to be sent back to the hacker.

The beauty of Pay by Phone Credit Casinos is that it does NOT require you to enter any debit card details what-so-ever, all you need is your mobile number.

Thus, reduces the chances of hackers stealing you bank account details and cleaning you out.

This is even more beneficial for frequent switchers, that is users who regularly switch casinos to take advantage of the introductory offers. If you’re frequency signing up to new account’s you need to be careful as you will undoubtedly be repeatedly entering your home/banking information, which could leave you vulnerable to having that info stolen.

No Hidden Fees:

One great feature of this service is that it’s completely FREE.

That’s right there are no hidden fees for using Pay by Phone, the cost from the bookmaker and NOT the punter.

Like other digital banking services such as VISA or Paypal, it is the merchant or bookmaker that pays for the small transaction fee for the convenience of the service.

In some cases there may be a minimum amount (usually $/£10) you need to transfer, but this will be similar to the minimum requirements for bookmaker transactions in any case.

30-Day Credit Facility:

pay by phone casinosOne unique feature of using pay by mobile casinos is the ability to use the funds on your phone bill as credit before you have to pay the balance down. This is similar to that of a credit card where you’re given the credit in advance, the added benefit is that provided you pay the balance off you’re given the credit at 0% interest.

I will stress that we do not recommend any users treat this service in such a way and you should only gamble with what you have.

Phone Bill Casino FAQ:

What is the min/max deposit limits?
You can deposit a minimum of £5 with pay by text casinos and up to a maximum of £30.

Although I anticipate an increase in the maximum limit similar to other mobile payment services such as Apple/Google Pay who have risen their limits to $50/£45.

How safe is Pay by Phone?
Pay by Phone is completely safe to use and is regulated by the FSA (Financial Services Authority) just like every other financial institute.

Which network providers allow phone bill deposits?

Orange/EE, O2, Three, T-Mobile and Vodafone in UK and the rest of Europe and Australia.

Most major network providers will support Pay by Phone bill deposits.

This includes Verizon, AT&T, Sprint and T-Mobile in US and Canada.

Do I still receive bonuses using Phone Bill?
Most Pay by Phone Casinos will provide bonuses using this payment. But it’s best to check the terms and conditions as some do not allow mobile payments such as Neteller and Paypal.

To be sure that you will receive your bonus, we’ve contacted every one of the online casinos on our list and they have all confirmed that they will issue bonuses using Pay by Phone.

What is the difference between Boku and Pay by Phone?
They are separate companies that provide billing carrier services.

Are there any alternatives to Boku?
The main alternative is Pay by Phone (or Pay via Phone) which we’ve discussed at length.

Can I withdraw funds using Pay by Phone Bill?
No, you can only deposit funds using Pay by Phone. To withdraw funds to your bank account you will need to add another banking method, preferably a debit card. The online casino may also ask for another form of identification to verify it’s you before any winnings are transferred.

Are there any fees for using Pay by Phone Casinos?
No, there are NO FEES for using the service. Pay by Phone is given a small transaction fee paid by the bookmaker, so you do not pay anything.

Does Pay by Mobile work on any phone?
Yes, you can pay using any phone that accepts at least 2G text messages. But you may find that older devices will struggle using some of the more modern online casino and slot games, as they incorporate the latest HTML5 into their code.

As long as you’re using a phone that is at least 5 years or earlier you’ll be fine.

How PAYG customers can get Free-ish Credit

Still not convinced? Well this cheeky little hack may persuade you otherwise. If you’re a Pay-as-You-Go mobile customer you may end up throwing away a few dollars worth of “soon to expire” credit each month.

If so then why not use that credit to top-up the balance on your account.

There are thousands of customers each month that fail to use up all of their credit and as a result flush the cash down the drain. Better still, why not make more internet calls using Messenger and WhatsApp with your friends and put more of the credit outstanding to good use.

Bear in mind, this hack is only available to PAYG (Pay as You Go) customers only

Pay by Phone Bill not Boku Casinos

There has been a recent trend in customers wanting Casinos Pay by Phone bill only, not Boku.

The reason for this is that a minority of customers have been unfairly charged for services they have not subscribed to, and as such have had to contact their network provider over a refund.

To ensure that our readers do not fall into this trap, we have excluded all casinos that use Boku as the billing carrier. Those casinos included in our list above are Pay by Phone ONLY casinos, so you can be assured that you are only charged for the payments you request.

Summary:

I hope you can see that Casino Pay by Phone Bill offer a lot more flexibility, convenience and security when it comes to depositing funds online.

The verification text also ensures that only the user of the phone/SIM can confirm and complete the transaction.

If you’re a PAYG customer then take advantage of any soon to expire credit to give you some free(ish) cash to play with.

Having used this technology myself for a couple of years, I can tell you that its a game changer and is now my preferred method of payment on mobile – check it out for yourself.

FanDuel Gift Cards | All You Need to Know 2020

fanduel gift card

As sports betting continues to expand from state to state, we’re here to answer some of the questions we receive from sports fans.

In this week’s feature we’re going to discuss FanDuel gift cards. Are they available and where can you purchase them from?

We will briefly discuss some alternative gift cards and the advantages of them over FanDuel gift cards.

Finally, we’ll also show you how to double your gift card bonus with an exclusive offer.

The Gift of Giving

If your partner is big sports fan that loves to gamble every now and again, you may have considered getting them a gift card as a birthday present.

The difficultly is wondering where you can get them from and who to go with.

FanDuel is one of the largest fantasy and sportsbooks in the US, with licences in every state that has legalized sports betting. So it’s fair to say that FanDuel would be good place to start.

Does FanDuel offer Gift Cards?

No, currently FanDuel do not offer gift cards of any sort as it must comply with gambling regulations which prohibits this in every state.

That is not to say that things may not change in the future as sports betting matures in the US, but for now you can’t.

But where there’s a will there’s a way…

Alternatives to FanDuel Gift Cards

OK so you cannot get a FanDuel Gift Card direct.

But there is another way of buying gifting cards which you can use on FanDuel, with the added bonus that you can use them on any other sports betting site you like.

Here are 3 alternative ways to gift credit to FanDuel:

1. Visa Gift Card

fanduel gift cardWhile there are restrictions on sports betting sites from having gift cards, this does not stop financial service companies such as VISA from providing the same service.

You can purchase the VISA gift card from any local supermarket such as Target, Wallmart or even Home Depot. You will generally find the cards at the end of the aisle or next to the checkout.

VISA gift cards can be purchased online using either Amazon, Gift Card Mall or Giftcards.com. With next-day delivery available.

The bonus of purchasing a VISA gift card over FanDuel (if they had one) is that you don’t have to spend all of the credit on one site. In fact you don’t have to spend all of it on sports betting. You could spend less and use the other half on shopping or buying a present for yourself.

Whereas, if Fanduel were to release a gift card you would have to spend the full amount with them.

How to deposit VISA Gift Card to FanDuel

Depositing funds to Fanduel using a VISA gift card is really straightforward and similar to how you would pay for any other items online.

1. In Deposits select VISA Debit card.
2. Enter your 16-digit number which you will find on the front of the gift card.
3. Funds will automatically be credited to your account.

VISA Gift Card Q&A:

How much can you buy?

There are five tiers of VISA gift cards with different currency value, which includes: $10, $25, $50, $100, $250.

You can purchase any of these either instore at your local supermarket or online retailers such as Amazon or giftcard.com.

How much can you deposit?

Any amount you like.

You can deposit the full amount or just a fraction. Just be sure to meet the sportsbooks minimum deposit requirement, which is normally between $5 – $10.

The remaining amount will still be available on your card to be used again.

How much is left in my VISA Gift Card?

I know it can be difficult to keep track of your transactions sometimes. The best way is to keep a note of how much you have used on your gift card, but I appreciate that isn’t always convenient.

The alternative is you go to a local Wallmart and ask the cashier to scan the gift card. She will then be able to tell you how much is remaining on the card.

If you need to know asap, then you can log onto VISA’s website to check out your balance, but this may require you to register beforehand.

Do Banks sell VISA Gift Cards?

No, you can only purchase VISA gift cards from major retailers such as Amazon or Wallmart or online gift card sites.

Mastercard Gift Cards

VISA is not the only payments player in town.

Mastercard which provides the same financial payment services as VISA also sells gift cards which you can use to credit sportsbooks and casino accounts.

Gift cards are available from the same outlets mentioned previously or through the Mastercard website.

The process to add funds using a Mastercard Gift card is remarkably similar to those mentioned using a VISA card, you should be able to follow it in a similar way.

There is no real difference or benefit as to which provider you choose (Mastercard or VISA) just as long as you use either of these, as they are the leading payments provider globally.

2. Cash is King

It may sound like a bit of a cop-out (especially when it involves birthday gifts) but cash is still king.

Not being tied to any one gift card provider gives the holder much more flexibility with their cash than they would otherwise have.

Personally I would much prefer cash as a gift rather than gift cards, as some cards have an expiry date – cash doesn’t and as discussed it allows me to spend the cash on whatever I want (not just sports betting). So if an emergency comes up such as a boiler repair, you can put this cash to good use.

Exclusive FanDuel Offer

Do you fancy doubling your gift card credit? Yes, I thought you might.

Well if you sign-up to FanDuel using our Exclusive FanDuel Offer you can get up to $500 in free bets if you lose.

So, if you place $200 on your first bet and lose, FanDuel will credit you $200 in free bets. Just be sure to use the credit within 72 hours otherwise you will lose it.

If you have multiple selections on one bet slip, Fanduel will use the first selections stake as the amount to credit your account.

Our Verdict

Although FanDuel themselves do not have gift cards available per say. I hope that what we have shown you, in the case of VISA/Mastercard gift cards, is a much better solution as it doesn’t tie you to just one sportsbook.

Most of these gift cards do not come with an expiry, but it is always worth checking the T&C’s attached in-case you get caught out.

Colorado Sports Betting | Colorado latest to legalize Gambling

colorado sports betting

Colorado is the latest state in the US to give sports betting the green light by officially legalizing gambling to residences.

From May 1, 2020 sports fans aged 21 and over will be allowed to place bets either in-store or online at approved and licence sports betting and casino sites.

If you’re new to sports betting i’m sure you have a lot of questions such; as where can you place sports betting in CO? Which sportsbooks and mobile apps are legal in Colorado sports betting?

Colorado is now the seventh state in the US to grant Draftkings a retail sportsbook

Don’t worry! We’ll cover all of this and more as well as provide some of the latest offers and promo codes some sportsbooks are offering new signups.

Colorado Sports Betting Sites

Which online sports betting sites are legal in Colorado?

BetMGM
Draftkings
Fanduel
BetRivers

Currently only BetMGM, Draftkings, Fanduel and BetRivers have online sportsbooks at the launch with the Colorado state lottery. But we anticipate that we’ll see many more sports betting sites and online casinos with approved licences by the year end.

Colorado Sports Betting Promo Codes

If you’re a Bronco’s fan you’re probably keen to find out what signup offers are available now.

FanDuel Sportsbook – Up to $500 Risk-free bet

This has to be one of the most insane offers FanDuel has released. So lets say you’re really confident the Bronco’s will reach the play-offs this season and you and place $300.

If you win you’ll receive around $490 in cash, but if you lose then Fanduel will credit you $300 in free bets into your account to use again.

What Can you Bet on?

At the moment there are restrictions on every live sports event due to the lockdown measures put in place by the government. This means that Denver Bronco fans will have to wait a while before they can walk into a local Draftkings or Fanduel sportsbook to place a bet.

But fear not. As there are still many live esport events and casino games you can bet online and using a mobile app. Here’s a shortlist of live event titles you can bet on right now.

  • League of Legends
  • Call of Duty
  • CS:GO – Counter Strike : Global Offensive
  • iRacing
  • Fifa 2020
  • Overwatch
  • Virtual Horse Racing

Colorado Sports Betting FAQ

Is Sports Betting Legal in Colorado?

Yes, as of May 1 2020 sports betting is legal in the state of Colorado, both in retail and online to gambling companies with approved CO state licences.

Is Draftkings sportsbook legal in Colorado?

Yes Draftkings was granted a full retail, online and mobile app gambling licence which went live on May 2020.

Draftkings is also a one of a few companies to release a retail sportsbook in Colorado and just the seventh state in the US.

If you have any more questions relating to sports betting and gambling in general, then why not check our 5-Step Guide to Sports Betting Fans which will teach you the basics from understand odds and accumulators, to placing your first bet.

Disclaimer: All of the information presented within this article is correct at the time of writing and may be subject to change.

Ladbrokes The Grid Card – Plug into BIG Rewards 🏆 [2020]

With nearly every major bookmaker having their own loyalty card in one form of another, it’s hard to decide which one is the best.

So in this article we’re going to discuss some of the benefits of owning Ladbrokes The Grid card.

We’ll compare The Grid card with three other leading loyalty cards: Coral Connect, Paddy Power PPlus and William Hill Plus card, highlighting the pros and cons of each.

There’s also a Q&A section with some of the most frequently asked questions from punters, plus you can ask your own question in the comments section below.

Finally we ‘ll give you our professional verdict on The Grid Card and whether it’s worth a place in your wallet.

Bookmakers Raising the Game

A recent report from the Gambling Commission showed that 80% of bookmakers revenue come from just 20% of active customers, those are customers with an active account for more than 90 days.

That’s quite surprising!

Which is why the UKGC have clamped-down heavily on bookmakers such as William Hill who are unfairly targeting vulnerable players.

80% of bookmaker revenue comes from 20% of regular customers

And with the loss of fixed-odds betting terminal (FOBT) revenue (up to 90% in some cases) bookmakers are desperate to retain loyal customers while staying within the regulations.

As a result, we’ve seen a number of bookmakers releasing their on loyalty card programme, and Ladbrokes is no different with their latest release: Ladbrokes The Grid card.

What is Ladbrokes The Grid Card?

the grid card ladbrokesThe Grid card is a loyalty card programme that allows customers to earn reward points each time they place a bet at Ladbrokes. Punters can then redeem these points as free bets of a number events. The card also comes with a number of discounts and offers at shops and restaurants.

Best of all Ladbrokes Grid card is completely free and anyone for anyone who wants to apply.

How do you earn Grid card points?

Punters can earn Grid card points by placing sports bets or wagers on slot and casino games. You need to place the following amounts to earn one point:

  • 1 Point = £4 stake on sports betting
  • 1 Point = £10 wager on slots games
  • 1 Point = £20 wager on casino games

You can also earn points on slot machines (FOBT) in-store. Just insert you card or scan the Grid app on the pad provided next to the terminal to earn points every time you wager real money.

The Grid Card Rewards

As well as earning reward points for each bet, The Grid card also comes with a load of perks, including discounts off food & restaurants and entertainment. These include:

  • Half-price cinema tickets
  • 50% off at all Yates pubs
  • 2 for 1 at Papa John’s pizza
  • 35% off Now TV Day Pass
  • 10% off at Kitbag
  • 2 for 1 at race courses across the UK

You can even use your points to take part in exclusive prize draws to win once in a lifetime holidays or the latest tech gadgets. Previous wins have included trips to Las Vegas, Cheltenham and Royal Ascot, with one winner scooping £10,000.

And this is just the beginning…

As I believe there will be more offers and rewards from even bigger brands to follow.

Grid Card Betting Features

The Grid card also comes with a few punter perks to maximise your winning potential, these include:

Football & Horse Racing offers
These offers are exclusive to Grid Card/app only and include coupons and money backs for specific football and horse racing events.

Plug into Football
Join Ladbrokes exclusive free-to-play football game. Simply predict all 3 football match results correctly to win £100. Be aware free bet winnings are only valid for 24 hours so make sure you use them.

Collect online winnings instantly in-store
Gone are the days of having to wait 2-3 days for any winnings to be transferred to your bank account, with Ladbrokes The Grid you can pop into your local Ladbrokes store and collect any winnings instantly in cash.

Cash Out Betslips
This allows you to cash out on any bet slips while you’re on the go. It’s exclusive to Grid App users which we’ll cover in more detail later on.

Check My Acca
Similar feature to Cash Out, where you can track how well your accumulators are doing simply by scanning the barcode on your bet slip. From there you can track your accumulator whenever you are, just make sure you have a decent signal!

Best Odds Guaranteed
Ladbrokes are ensuring loyal Grid card customers that they WILL NOT be beaten on price. They compare thousands of odds from every major bookmaker for every match and sporting event to ensure you get the very best odds on the market.

How to get a Ladbrokes Grid Card Online

ladbrokes grid card

Getting hold of The Grid card couldn’t be simpler and takes just 5 minutes.

Existing customers can request for a card in a matter of seconds by logging into their account and selecting Request Grid card.

If you’re a new customer, go to the Ladbrokes website and sign-up.

While you’re there why not take advantage of Ladbrokes Exclusive Offer Bet 10 Get 30 in free bets.

Just be sure to use the promo code “G30”. To claim your free bets you need to place a stake of $/£10 win or $/£10 each-way at odds of at least 1/2 (1.5).

Once registered go to Accounts and request for your Grid card, you should receive the card within 2-3 working days.

If you’re a bit of a luddite you can always pop into your local Ladbrokes on the highstreet and fill in an application form. The cashier will provide you with a card there and then.

Ladbrokes Grid App

Of course if you can’t wait that long you can always download the Ladbrokes Grid App, so you won’t ever need to carry your Grid card again.

Punters can see how many points they have earned and instantly exchange these with rewards. Simply select the offer you want to trade your points for and you’ll receive a barcode to use in-store.

All you need to do is go to the The Grid app on the Google Play or Apple store and download the app onto your device.

If you’ve already connected your Grid card to your Ladbrokes account you just need to enter your username and password. From there you should see how many loyalty points you currently have along with the rewards offers available.

The Grid App Cash Out

One key benefit of having the Grid App on your mobile is the ability to scan your bet slips using your phones built-in camera to track your bets and give you the option to cash out.

You could of course cash out in-store, but this feature gives you greater freedom without being tied to the bookies on a Saturday afternoon.

Ladbrokes The Grid card Vs Rivals

Pro’s/Con’s The Grid card

Ladbrokes Grid card FAQ

How do you Cash Out with the Ladbrokes Grid Card?

First thing you’ll need is the Ladbrokes Grid app as we discussed previously. Once you have this, simply scan your bet slip using the phones camera and you should see the bet in Your Betslips.

From there you select the bet and request to cash out. You’ll be given a quote for the cash out value at that given time, just click Accept and your winnings are automatically added to your balance.

Lost my Ladbrokes Grid Card

Don’t worry.

Just pop into you local branch to cancel your current card and the cashier will issue you a new card.

If you do not have a Ladbrokes nearby you can always log into your account and report the card missing. Ladbrokes will then issue you a new card through the post.

Ladbrokes Grid Card App not work, now what?

If you happen to have difficulties accessing your Grid card app using your phone, it maybe that the app has crashed while it was running in the background.

The fastest way to resolve this is the following:

  1. Select the apps icon at the bottom-left of the home-screen
  2. Tap on the cross “X” to exit the app
  3. This will close the app to allow you to reopen.

If you’re still having difficulties then you should Close All opened apps and restart the phone.

Failing that there could be a compatibility issue with the latest software release and the model of your phone. Try uninstalling and then reinstalling the app to see if this helps.

Terms & Conditions to Consider…

Collect online winning in-store: Is restricted to a maximum withdrawal of £1,000 per day. You may also be required to provide a photo ID of yourself and proof of a credit or debit card held in the account to uphold security.

Best Odds Guaranteed: Maximum stakes apply to the following singles and multiple bets; Max single stake £100 win or £100 each way. Doubles/Trebles/Trixies £25 win or £25 each way. All other multiple-based bets £5 win or £5 each way. Max best odds capped at £50k a day.

Free-to-Play Football: Available in-store only with valid coupon and match predictions are required before kick-off. Customer need to predict 3 out of 3 games to win £100 cash in your account, predict 2 out of 3 games to win £5 free bet and 1 out of 3 games to win £1 free bet. Winnings will be credited to verified customer Grid cards within 72 hours and ONLY valid for 24hours.

Our Verdict

Ladbrokes certainly look like they’re onto something as I can see the attraction of having a loyalty card that gives me both perks while betting and entertaining the family very attractive.

It’s by no means perfect, as I’m disappointed that you can’t directly convert points into something more useful such as free bets or enhanced odds. The “wager to points” ratio on sports betting seems fair, but on slots and casino the amount looks disproportionate (up to five-times in some cases).

To be fair to Ladbrokes I’m sure they’re just testing the water for the time being, as we’ll see bigger brands and features to come.

I think if you’re regular Ladbrokes punter it makes sense to sign-up to The Grid card as there’s plenty of attractive offers to take advantage of. Just don’t fall into the trap of being dependent on them just for the points, if you can get better offers elsewhere.

FanDuel Deposit Options | All You Need to Know 2020

Has your state become the latest to legalize sports betting?

In that case you might be wondering what deposit options are available on sportsbook FanDuel.

To make your life easier we’re going to list every FanDuel Deposit Option and give you our preferred payment option and why, when it comes to sports betting online.

We’ll also compare FanDuel deposit options with other leading sportsbooks such as DraftKings, Nitrogen Sports and Bet Online[1].

Show me the Money!

It may surprise you that although FanDuel is one of the largest sportsbooks in the US, the bookmaker has a limited number of payment options when compared to other bookmakers.

Which deposit options does FanDuel accept?

FanDuel accepts deposits from VISA, Mastercard, PayPal and ACH (E-Check) Deposit. You can also deposit via PayNearMe which allows you deposit at a local 7-eleven.

We’ll discuss each FanDuel payment option in detail and give you a quick setup guide on how to deposit later on…

FanDuel Sportsbook Payment Options – Comparison Guide

We’ve compared FanDuel payment methods with three other leading sportsbooks so help you decide which bookmaker you should sign up to.

ACH and PayNearMe Deposits

FanDuel offers customers even more choice with ACH (E-Check) a VIP Preferred Payment Network. This allows you to transfer funds from your checking account to your FanDuel account.

All you need is a routing number, state ID, driving licence ID and checking account number to set it up. All payment funds are accessible immediately.

Customers can also use PayNearMe to create a bar code which you can either print or send to you phone that can be scanned by your local 7-eleven to deposit. Funds generally take 15 mins to arrive in your account and transactions are limited to $500 over 24 hours and $10k in a 30 day rolling period.

How do you deposit money into FanDuel?

1. First thing you will need is a FanDuel account.
2. In the top right-hand corner click on My Account.
3. Select Add Money.
4. Select your preferred Payment Option.
5. Following the payment instructions on screen.
6. Funds are instantly available in your account.

If you’re using the FanDuel app the deposit option can be found in the sidebar menu icon on the top right of the screen.

FanDuel Deposit Bonus Available

Right now, new customers can take advantage of FanDuel’s Risk Free Bet up to $500.

Deposit and place your first bet today, and if you lose your first bet FanDuel will refund you up to $500 in bet credits.

Terms and conditions include:

Free bets will be credited to your account within 72 hours.
Only your first bet will qualify – If you have multiple selections, then the first will be used.

For this and a full list of T&C’s be sure to check the terms page.

FanDuel Prepaid Cards

While FanDuel does offer debit/credit card payments, there may be cases where some banks may reject the transaction due to the gambling activities.

This can be overcome in two ways:

1. You can phone your bank either prior to the transfer or after the funds being rejected and confirm/request the payment to be authorized. Not all banks will allow this, but most of them will.

2. If the first attempted is rejected, you can request for a FanDuel Prepaid card during sign-up or there after. Users should have no issues with transferring funds from their bank to the prepaid card, which allows you to easily fund your FanDuel account.

We created a simple step-by-step screenshot guide on how to get your hands on FanDuel Prepaid cards.

Which FanDuel Deposit Option do we suggest?

paypalPersonally I prefer using PayPal and the reason is simple – added security.

PayPal’s mobile app makes it even quicker and safer to deposit funds to sportsbook accounts.

Select the PayPal icon in Deposits on your FanDuel account. You will be redirected to the PayPal app and asked to sign-in. Simply enter the amount you want to deposit and the click submit.

For extra security PayPal offer two-factor authentication. Users receive a one-time access code via text message on their phone. Enter the code and your payments done!

What’s great about this is that there no need to enter any debit/credit card details, all you card details are stored with PayPal. Once you log-in you select which card you want to transfer the fund from.

You also get Buyers Protection with PayPal that handles any disputes between the merchant (which in this case is FanDuel) and the customer. This can come in handy if the merchant is withholding any funds for some reason.

FanDuel Deposit Q&A

What are the deposit limits with FanDuel?

As an advocates of Responsible Play and in accordance with state requirements, FanDuel have put in place a $1000 per month maximum deposit limit by default on every new account.

If you would like to increase this threshold, you can speak to a member of the support team and have this lifted to any specific amount.

Can I apply for a deposit limit on my account?

Yes, self-restrictions and maximum deposit limits can be manually applied to your account. Simply head over to the Accounts Limit page and enter the maximum amount you wish to restrict yourself to.

FanDuel Deposit fees?

There are no fees for depositing funds into your FanDuel account, but there could be processing fees for withdrawing funds back into your payment provider. For more details refer to FanDuel’s withdrawal page.

What is the minimum deposit for FanDuel?

The minimum deposit for FanDuel is just $5. As we explained above, there are no payment fees for depositing even the minimum amount.

How long until the funds arrive in my account?

Funds should arrive in your account instantly, but be sure to check with your payment provider.

Final Thoughts

OK so FanDuel may not have the widest range of payment providers – which is surprising given that they are owned by Paddy Power/Betfair, but the limited options available should meet most customers needs

Although they do have limits in place on how much you can deposit, you do have the right to have this limit raised.

FanDuel are relatively new to sports betting so we expect to see more payment options come available once they find their feet.

[1] All bookmakers mentioned in this article have licences in each of the states that have granted licences to those sportsbooks. This is not a comprehensive guide and correct at the time of writing. For more details see our Bookmaker Licences State by State guide.

Tactical Mug Betting | Proven Strategies from Matched Betting Pros 2020

It’s one of the most widely discussed topics on any matched betting forum.

But is Mug Betting really worth it, or just a waste of time and money?

In this article we’ll explain if mug betting works and why having a strategy early on in your matched betting career is vital.

Plus we’ll give you 5 tips from matched betting pros that will throw bookmakers off the scent and hopefully extend the life of your account.

Staying Alive

Matched betting is a noble and subtle art of extracting a welcome bonus from under the bookmakers nose. The problem we face is that bookmakers are completely aware of this tactic.

With more and more matched betting communities popping up on social media platforms and forums, bookmakers are investing in more sophisticated software to sniff-out potential matched bettors and limit their account.

A few years back you could have comfortably kept an account active for at least 6 months. But now algorithms are gubbing accounts within a few weeks.

Meaning you could end up going through every bookmaker bonus within 12 months.

So one option is to try and trick the algos into thinking you are just a regular mug punter – hence the term mug betting which we’ll explain in detail.

Algos are getting smarter at sniffing out matched betting punters.

Later on I’ll show you our mug betting strategy that kept one punters account active for nine months.

What is Mug Betting?

Mug Betting is a matched betting strategy where punters deliberately place a bet with the intention to loose money.

The term “Mug” in the UK implies the person is foolish or gullible, hence the term Mug Betting where only an idiot would want to intentionally loose a bet.

Why place Mug Bets when Matched Betting?

Some matched betting professionals believe placing mug bets can significantly extend the life of your account.

By behaving like a “mug punter” in effect your throwing bookmakers off the scent of your actual intention with little or no risk.

And better still is that by laying the opposite side of your mug bet on a betting exchange you get to place a mug bet with minimal loss[1].

So far so good right?

Well there are those that would argue while you’re not going to loose any money, you’re not going to profit either. In effect you’re wasting valuable time that could be spent placing matched bets and extracting those bonuses.

Some would go as far to say that you should crash and grab any winnings as quickly as you can before your account gets gubbed – which ultimately it will.

Does Mug Betting Work?

Betting on Villa to win is a mugs bet no matter how you look at it!

Well kind of…

You see for most people mug betting simply does not work.

The fact is generally most people that are new to matched betting will make mistakes early on – it’s natural and part of the learning process. You’ll only realise this later on when you have enough experience or discuss tactics with other forum members.

Which is why I always encourage anyone who is interested in matched betting to read as much as you can first before you start.

Get involved in matched betting forums and start asking questions from experienced punters, it will save you time and money and could prolong your account.

In fact I wrote an article on that very subject 10 Hacks to avoid being gubbed, which is a great for anyone starting out.

Prolonging Your Account

Over the last five years of matched betting i’ve met a handful of members on forums that claim they had the same account for over a year, completely intact without being gubbed.

At first I was somewhat skeptical about some of the claims being made, having had my very first account gubbed within the first month of matched betting.

But the more I discussed their tactics to evade detection the more I was convinced.

So how did they do it?

While each of them all had their own strategy to stay under the radar, they all had similar mug betting strategies.

Most of them wanted to remain anonymous to avoid being detected by their bookmaker and having their account gubbed.

But I was able to coax one forum member to show me screenshots of his account with a list of matched bets placed well over a year.

5 Tactical Mug Betting Tips

Below is a list of tips I honed over the years through conversations with matched betting professionals that have had the patients and discipline to follow a set strategy.

While there’s no guarantee they will extend the life of your account, there’s a good chance it will improve your odds.

5:1 Mug Betting Rule:

This is my own personal golden mug betting ratio when it comes to keeping your account alive for longer.

It’s a ratio i’ve created from hours spent chatting to experience matched betting professionals, getting their view on how frequently you should mug bet and then take the median average of those results.

It implies that for every five matched bets you place, one of them should be a mug bet.

That’s 20% of the time.

Whilst this ratio is not critical I would not advise doing any more than this as your time is best spent matched betting and there is no guarantee that this will work to prolong your account.

Avoid narrow odds:

Unlocking a bookmaker bonus initially involves placing/laying narrow odds following by a much wider spread on the second. This “narrow odds followed by much greater” is a tell-tale giveaway that your matched betting.

Instead you could widen your initial spread and take an insignificant loss to unlock the bonus.

Repeated placing narrow followed by huge odds will only give the game away unless you switch things up and make less regular matched bets for algos to detect.

Behave like a Mug Punter:

This is an obvious one and involves loosing money at the cost of keeping your account alive long enough to recoup those losses and make some gains.

An obvious mug bet to place would be an accumulator bet as it’s one of the most popular high odds-low place bets you can make. Most mug punters will place a $1/£1 bet on a six-fold accumulator in the hope it will return 10x to 30x their initial cost.

I would advice placing no more than $2/£2 or <5% of your average match betting returns. As like all of these strategies, there’s no guarantee they will work.

Avoid Oddsmonkey and Profit Accumulator Mug Betting:

Some leading authority websites in the matched betting community will encourage punters to use either Oddsmonkey or Profit Accumulator’s mug bets which are great if you don’t know what you’re doing and are intended to minimise your losses.

But bookmakers are also watching these sites and are using them as part of their algorithm software to detect potential MB punters.

Personally I try to avoid these matched betting sites altogether as their tips are closely monitored by bookmakers and make it easy to detect what you’re up to.

If you’re stuck for how to find a decent matched bets without the use of the big-two providers you should really read Why You Should Avoid using Oddsmonkey and Profit Accumulator, which has some useful tips at creating your own matched bets using online matched betting calculators.

Casino Mug Betting:

It’s not just sports betting where punters can exploit mug betting, you can also “behave like a mug” on online casinos.

Most bookmakers will also have an online casino with a number of welcome offers for you to take advantage of and minimise your losses. The only issue is if you win big you could raise the alarm – but it’s nice to have those sorts of problems!

I will stress that if you are not disciplined and have a tendency to get carried away when it comes to gambling then I would avoid this strategy altogether.

Remember these are tactics to help you make money, not lose it.

When Mug Betting does NOT work

Generally there comes a point where mug betting stops working.

This happens when you’ve already been gubbed by a handful of bookmakers.

The reason for this is that most bookmakers use Iesnare – a third-party software used in anti-fraud protection. It is intended to identify new customers and prevent any fraudulent activity.

There is very little information out there on this software, but it is believed to obtain information about the users device such as MAC ID, geographical location and IP address which is stored on Iesnare servers.

In effect it creates a digital profile of your device, so when you come to sign-up to a new bookmaker that uses this software, the new bookmaker will already see that you have been banned or limited from other bookmakers.

Lets be clear there is no physical evidence of this process taking place.

But having discussed this with countless players that have all had similar experiences there is some correlation between gubbed accounts and almost automatically gubbed new accounts.

The Most Important Thing…

If you’ve made it this far then you have the right kind of mentality to make a success of your matched betting journey.

So here’s the best piece of advice I was given early on in my career and it’s this…

AVOID BETFAIR EXCHANGE at all cost if you’re matched betting!

The reason is quite simple.

Some of you may not know but Betfair is part of the same group Flutter Entertainment that owns Paddy Power.

Flutter is also in talks to purchase The Stars Group which also owns Skybet.

Unlike Smarkets which is a sole exchange operator, Betfair is predominantly a bookmaker, and like all bookmakers they are intended to take money from YOU the punter!

Whilst there’s no proof of this (no bookmaker has ever admitted to it), there’s a good chance that these companies that are part of a larger holdings company will share information about punters between themselves.

So if you’re placing a matched bet on Paddy Power and laying the opposite side on Betfair Exchange, I would say there’s a good chance of certainty that Betfair will pass this information onto Paddy Power.

And the likelihood is that you will be gubbed soon after.

This is the single most important thing anyone starting their matched betting journey should know.

I have a list of things that I’ve coined as the Ten Matched Betting Commandments which I implore anyone starting out should read.

Our Verdict

So by now you should have the knowledge and confidence to place your first mug bet.

Whilst mug betting is much more of an art than an exact science, avoiding potential traps such as bookmaker exchanges (Betfair) or matched betting tip sites (e.g Oddsmonkey) are likely to extend the life of your account.

In the end it’s inevitable that every matched betting professional will receive the dreaded “your accounts been limited” email. But as long as you’ve taken the necessary steps we’ve highlighted above, you should be content that you’ve done everything in your power to avoid giving the game away.

Like all these things, don’t get too hung up on mug betting and just enjoy the ride.

Mug betting is just one tactic you should be using to keep your account for longer. If you want to know the rest then check out my 11 Hacks to Avoid being Gubbed and you should be well equipped to take on the bookies.

[1] Loss is dependent on how accurate you can match the place/lay bet. In most cases losses will be minimal <2%.

Draftkings going public in 2020 values company at $3.3b

draftkings ipo

Sports betting giant Draftkings has announced it’s intention to go public in a merger deal that will value the company at $3.3 billion.

The US bookmaker is not taking the more traditional path of IPO (initial public offering), but will instead go public in a three-way merger deal.

$3.3b Merger-deal

Draftkings will be sold to a special acquisition company – Diamond Eagle Acquisition Corp. which is also listed on the NASDAQ and founded by Hollywood Studio’s Harry Sloan, as well as gambling gaming giant SBTech.

The newly formed company will list under the Draftkings name, with co-founder and chief executive Jason Robins to remain as CEO. It’s anticipated that the combined group will have a market cap of $3.3 billion with over $550 million of that is operating cash flow.

The deal is expected to be complete by Q2 2020, with institutional investors having committed to purchase $304m of common stock.

High Growth Prospects Ahead

Draftkings CEO Jason Robins was enthusiastic at the challenges ahead, he said;

“I look forward to building upon our goals of continuing our state-by-state roll-out and creating the most entertaining and engaging customer experiences for sports fans globally.”

This is not Draftkings first attempt, in 2017 the company attempted to merge with rival FanDuel, but the move had to be abandoned after regulators complained over the 90% monopoly of the US fantasy sports market the combined group would have.

FanDuel currently leads the industry of fantasy sports betting app downloads of 36%, compared with Draftkings share of 27%.

Industry Wide Consolidation

Draftkings announcement is just one of a many over the last 18 months, with some of the biggest bookmakers and online casinos on both side of the pond join forces, as gambling operators prepare to go head-to-head for a slice of the US betting market.

Last year sports betting rival FanDual was bought by Paddy Power/Betfair parent company Flutter Entertainment for $12 billion. In the same year Flutter also acquired The Stars Group that owns Pokerstars and SkyBet in a $10 billion all-share purchase.

The mergers between these leading sportsbooks will allow companies to streamline operations, reducing operating costs and strengthen their market position, in what could be a double-digit growth industry for the next decade.

Is Bovada Legal? Should Players Trust Bovada

Bovada has been operating for nearly a decade now and during this time it’s made some interesting decisions that’s raised a few eyebrows.

From a complete re-branding to failing to renew it’s licence in 2016, the off-shore gambling site is used to controversy.

It has left some players wondering – is Bovada legal or legit and can you really trust them?

But before we go any further, here’s a brief intro into Bovada and how it got here.

A Brief History of Bovada

Bovada is owned by Mohawk Morris Gaming Group and was originally Bodog before the company decided to rebrand in 2011.

Bodog had achieve much success outside of the US and so Bovada.lv was created for the US market.

Whilst Bovada mainly targets US players it operates outside of the US in Costa Rica.

In 2016 Bovada failed to renew is gambling licence with Kahnwake Gambling Commission and has been operating without one ever since.

Is Bovada Legal?

This really depends on which state your in.

In the past Bovada was legal for most US players, as the site operates outside of the United States and federal law does not prohibit US residents from gambling outside of the country.

But things have changed…

And in May 2018 federal lawmakers abolished the prohibition of gambling in the US. This now means it’s up to local officials and authorities to decide whether or not to legalise gambling in their respective states.

US opens up

Now that the US has opened it’s doors to gambling, there has been a “gold rush” of state officials eager to get a bill though their respective state to legalise gambling.

States that have already approved this include;

Those states have been flooded with applications from gambling sites to allow them to operate in their respective state.

Those without a licence are unable to operate in those jurisdictions.

new hampshire sports betting draftkings
New Hampshire are just the latest US state to legalise gambling.

As an example New Jersey residents, who were one of the first states to allow gambling, are unable to play on Bovada.

Where does this leave Bovada?

Well there will come a point were the majority of states will have legalised gambling, with punters having their pick of bookmakers that are fully regulated by each state.

The question that then arises is – Why gamble with a non regulated betting site when you can take you pick of fully regulated ones?

Unless Bovada requests for a licence in each state, which will cost the company a considerable amount – it could cost them dearly.

I think regardless of it’s current licencing status, Bovada will have to do something before they are left out in the cold…

Bovada outside of the US

As we explained before Bovada mainly targets the US market. As such, there are a number of counties where players are excluded and unable to play, these include;

United Kingdom
Italy
France
Germany
Russia
Spain
Australia

The quickest way to find this out if Bovada is allowed in your region is to enter the domain bovada.lv into your browser.

If Bovada is NOT allowed in your country you should see a pop-up window blocking you from playing.

Before you hand over your hard earned cash there are a few things to considered

Is Bovada Legit? Can You Trust Bovada

It’s fair to say that Bovada has less than squeaky clean reputation – which is not what any punter wants to hear.

As such, I feel there are a few issues which we highlight below that every Bovada players needs to consider before deciding to hand-over your hard earned cash.

No Gambing Licence

Currently as of early 2020 Bovada does not have a licence with any gambling authority.

Prior to this Bovada had held a licence with the Kahnawake Gaming Commission (KGC) based in Quebec, Canada.

But in September 2016, the New Jersey Gaming Enforcement division announced that it had reached an agreement with the Kahnawake Gaming Commission to no longer provide licences to sportsbooks or gambling operators that accept players from the US.

As a result Bovada was unable to renew its licence in 2016 and continues to operate without one.

So what does this mean?

Well essentially Bovada are not governed by any rules or regulation set-out by the gambling commission which is intended to protect both parties.

Such licencing regulations that are meant to protect customers include:

  • The maximum time to transfer winnings
  • Max time to respond to disputes
  • Protection in case operator shuts down

Without a gambling licence in place Bovada could do the following without anything repercussion or fine from gambling authorities.

  • Cancel withdrawal requests
  • Cease access to funds within the account
  • Freeze the account
  • Close your account without notification
  • Refuse bonus rewards

Personally I can’t see why anyone in their right mind would want to gamble with an operator without a licence, it make no sense.

Negative Reviews from Customers & Industry Leaders

There are also a number of leading casino and poker sites that have written negative reviews relating to Bovada.

While most of these do not reflect the overall use of the platform, many of them complained about the speed at which funds were withdrawn – which we’ve discussed already.

Customer satisfaction has been mixed with some players happy with the overall service and easy in which they can add funds and withdraw winning. As with most reviews you have to take these things at face value.

Bovada FAQ

Why is Bovada lv?

There have been several rumors circulating as to why Bovada uses the .lv top-level domain handle.

One explanation is that the Bovada currently operates in Latvia as.”lv” is the top-level domain suffix for the country. This is not true as we explain before that Bovada operates in Costa Rica and not Latvia.

We’ve also been informed that Bovada were originally intending to target Las Vegas customers, which explains the lv domain.

In either case it does not really mater what top-level domain handle they choose to use, just as long as the site is clean and virus free – which it is.

Could Bovada be shut down US law enforcement agencies?

Provided that Bovada operates to the letter of the law and in the jurisdictions it is allow to operate, there is no reason why it would be shutdown.

Even without a valid gambling licence Bovada is currently not violating any US federal law.

There’s clear evidence that Bovada intends to do this as they currently block any players in the states of Michigan, New Jersey, Delaware and Mississippi, where sportsbooks are required to hold a gambling licence.

Our Verdict

I find it bemusing that anyone would consider using a non-licence bookmaker. The risks of not receiving your winnings far outweigh the any rewards a sportsbook could offer you.

With more and more US states opening their doors to gambling not only on mobile but also in-store, Bovada will see itself being squeezed out.

My guess is that Bovada will eventually have to cave in to regulators and make formal applications for licences, not only to get a seat at the big table, but to be treated as a serious contender in the US.

With so much revenue potential at stake, they’d be fools not to.

DraftKings Launches sports betting in New Hampshire

DraftKings the leading fantasy and sports betting site has launched their online platform to New Hampshire residents.

New Hampshire has become only the second New England state to allow sports betting to players over 18 years old. Residents can now legally place bets on their favourite teams using DraftKings online sportsbook.

To celebrate governor Chris Sununu placed the first bet of $82 on New England Patriots to win the Super Bowl.

For New Hampshire punters the timing couldn’t be more perfect, just as the NFL play-offs are about to start.

new hampshire sports betting draftkings
New Hampshire Gov Chris Sununu is so confident New England Patriots will win the Super Bowl he placed the states first-ever bet.

This follows the approval of sports betting back in May 2018 where the US Supreme Court overturned a federal ban on gambling in all states but Nevada.

Since then New Jersey, Rhode Island and Delaware have given the nod to legalised sports betting in their respective states.

New Hampshire goes all in

Back in July 2019 New Hampshire lawmakers signed a bill to create a new state-run lottery, the New Hampshire Lottery, which has full control and approval of applications for gambling companies in the state.

In November officials agreed a six-year contract between the New Hampshire Lottery and Draftkings – the Boston-based sports betting company. In the agreement, half of the revenue generated from DraftKings will go back into state education.

The deal is expected to produce up to $8 million for New Hampshire education programs in 2021 and this figure could double to $16 million by 2022.

Best New Hampshire Sports Betting Sites

DraftKings are not the only sportsbook for NH punters to play. Here’s a list of the best New Hampshire sports betting sites you can signup to now.

Currently New Hampshire Lottery has approved gambling licences of up to 10 physical store locations and online/ mobile gambling platforms, with further applications being processed.

DraftKings has yet to confirm an exact date for their retail bookmaker stores in New Hampshire, but they anticipate it to be ready for the later end of 2020.

Massachusetts applies the brakes

Players in neighboring Massachusetts will have to wait a bit longer while officials decide whether or not to legalise sport betting in the state. The Legislature Economic Development and Emerging Technology Committee are currently reviewing the proposal but it’s unlikely we will see any action taken until mid 2020.

Massachusetts officials have been slow off the mark to implement any legislative changes to gambling in the state.

While it’s frustrating for MA gamblers, it is a screwed move by the state to monitor how early adopters have implemented the legislation in their respective states and possibly learn from any mistakes made.

Massachusetts state Governor, Charlie Baker said:

“The expectation is that its something that the legislature will take up before the end of the session which ends in July, but I would be very surprised if it got done before then.”

Bet365 WILL Struggle in US Market Without a Partner

Bet365’s joint chief executive Denise Coates has been in the headlines this week following news that the gambling founder, joint CEO with John Coates, earned an astonishing £323m.

To put this into perspective that’s 60 times greater than the median pay of just under £5m for CEOs in the top 100 UK companies.

While there is no justification to reward yourself such a ludicrous salary, there’s no denying their accomplishments.

By 2023 the US gambling market could be worth a staggering $19b.

Coates has done a remarkable job over the past decade, building the Bet365 brand as the leading online sportsbook in the UK. All of this in one of the fastest and competitive industries to be in.

On average Bet365 has just over 15 million active users, in comparison Paddy Power gets just 6 million.

That’s how far Bet365 are ahead of their nearest rival.

Eye off the ball

But while business is booming in the UK for Bet365, it appears that the gambling giant may have taken their eye off the ball when it comes to business across the pond.

In May 2018 gambling groups overturned a federal ban in the supreme court, in effect allowing sports betting in the US, and states across the United States have been applying for gambling licences.

Since then sports betting brands have been eager to get a slice of American pie. Most notable was Flutter Entertainment who own Paddy Power and Betfair acquisition of fantasy sports book FanDuel for $465m last year.

Both FanDuel and privately owned DraftKings own over three-quarter of the US sports betting market, putting Flutter in a comfortable position.

And it looks like Flutter are about to score another slam-dunk when it acquires Stars Group in early 2020. Stars Group has also released a new sports betting platform FoxBet in partnership with Fox Sports.

Flutter Entertainment’s shrewd acquisitions have put it in a great position to dominate the US market.

This could provide Flutter Entertainment unprecedented access to Fox Sports viewers.

Stiff Competition

It’s not just Flutter that are securing deals with dominant market players in the US.

Ladbrokes owner GVC Holdings has also joined forces with MGM Holdings and FoxBet, and together have launched a $200m venture with BetMGM earlier this month.

GVC Chief Executive, Adam Greenblatt has reinforced his companies investments are “for the long term.”

This leaves Bet365 without a dancing partner in what is possibly the most lucrative gambling market to open its doors in over a half a century.

Lucrative Proposition

The earnings potential in the US market could far exceed any other.

Some gambling insiders have estimated it could exceed $19b within three years. This is five times greater than the total revenue in the UK and with only two-thirds of US states legalising sports betting by this time.

A Faux Par

Bet365 recently released its trial beta sportsbook to punters in New Jersey and Pennsylvania, but have already hit a hurdle when some players noticed that NFL games were categorised under “American Football” and not under “Football” which most punters would expect.

It’s subtle cultural differences such as this that makes me believe that Bet365 need a tie-in with a major US sport betting brand before it’s too late.

In my mind it would have made more sense for Coates to have paid a premium for a super brand such as DraftKing instead of giving half of her earnings to the taxman.

Whether the Bet365 board have already tried this or not, they have failed to find a suitable partner with a big enough presence to make a real impact here.

It’s quite likely Bet365 will struggle in a market where it is lesser known, and at a time where UK gambling authorities are considering restricting the amount punters can bet online, which will certainly impact on profits in 2020.

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