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Basketball fans can bet on their favourite teams and players using FanDuel, a platform with a robust selection of betting markets and a user-friendly interface. FanDuel offers a variety of betting options, including moneyline bets, spread bets, and total bets (also known as over/under bets). Moneyline bets are wagers placed on the outcome of a game, where returns tend to be less symmetrical than spread bets. Spread bets involve betting on a team's margin of victory or defeat, where bettors can wager on the favourite or underdog to win by a certain number of points. Total bets, on the other hand, focus on the combined score of both teams, with bettors wagering on whether the total score will be over or under a specified number. FanDuel also offers parlays, which combine two or more bets into one larger bet, increasing the potential payout but also the risk. With its range of betting options and user-friendly platform, FanDuel provides an engaging way for basketball enthusiasts to get involved and predict the outcomes of their favourite teams and players.
| Characteristics | Values |
|---|---|
| Types of bets | Spread, Moneyline, Total, Parlay, Over/Under |
| Platforms | FanDuel app, Desktop site |
| Sign-up offers | No Sweat Bet promo, Welcome offer |
| Betting process | Select sport and game, Enter stake, View potential payout, Place bet |
| Betting strategies | Betting on favorites or underdogs, Combining bets for higher payouts |
| Betting odds | Vary from +100 to -120, Common odds: -110 on both sides |
| Rules | Season Win Totals, Overtime Included, Rain Delays |
| Other features | Live bets, Same Game Parlay, SGP+ |
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Understanding over/under bets
Over/Unders are among the most popular bet types and are available for several sports, including basketball. FanDuel is known for its user-friendly interface and wide range of betting markets, making it one of the top platforms for Over/Under bets.
An Over/Under bet is a wager where you pick 'Over' or 'Under' a specified number. This can be the total score of both teams combined or the total for each individual team. You can place this bet for the full game or for a specific quarter or half. For example, you can bet that the Cowboys vs Commanders game will have a total score of more than 48 points. If you think the total score will be less than 48 points, you would bet 'Under'. If the teams combine for the indicated total exactly, the wager is considered a push or a tie, and all bets are voided, with money refunded.
The odds for Over/Under bets typically range from +100 to -120, with -110 being the most common on both sides. If the Over or Under is at -120, the number may shift. For instance, a 49.5-point total may move to 50. It's important to note that Over/Unders usually have lower payouts because the odds are not as high, unless you opt for an alternate total, which can be challenging to achieve.
FanDuel offers a Parlay Insurance feature for Over/Under parlays. Parlays are bets that combine two or more individual bets into one larger bet, increasing the potential payout. With Parlay Insurance, if your 5+ leg wager loses by one, you can receive a maximum refund of $25 in site credit. Additionally, FanDuel provides a No Sweat Bet promo, where if your bet loses, you can get 100% of your wager back in free bets, up to $1,000.
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Moneyline betting
When you place a moneyline bet, you are simply betting on a team to win the game, without any point spread or margin of victory conditions. This means that your selected team can win by any score, whether in regulation or overtime, and your bet will pay out.
Moneyline odds are usually presented with a negative integer for the favourite and a positive integer for the underdog. For example, if you see Team A at +150 and Team B at -170, it indicates that Team B is expected to win, and a bet on them will pay out less because they are the favourites.
The amount you can wager on moneyline bets varies depending on the sportsbook, but most accept small wagers as well as bets up to thousands of dollars. Be sure to check your betting limits to understand the minimum and maximum bet amounts.
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Spread betting
FanDuel offers point spreads for each game, as well as options for alternate spreads, which can lead to higher payouts. You can also place spread bets on smaller sections of a game, such as a quarter or a half. For example, you could bet on the Cowboys to win the first quarter by 4 points, even if they don't win the game.
If you want to place a spread bet on FanDuel, you will first need to log in to your account or create a new one. Once you have accessed your account, you can choose your preferred sport and point spread, which is clearly labelled on the main page. If you want to see more options, you can click "More Wagers" to view alternate spreads. After selecting the game you want to bet on, you can add it to your bet slip and type in your stake. The platform will then show your potential payout, based on the odds attached to the point spread. Finally, you can decide whether to place your spread bet as a single wager or combine it with a parlay, and then click "Place Bet".
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Parlays
To place a traditional parlay on FanDuel, first, navigate to your preferred betting market and select your picks. After adding them to your bet slip, you can choose other wagers to include in your parlay. FanDuel offers traditional markets like moneylines, spreads, and totals on the main page for your selected sport. If you want props, click “More Wagers". The bet slip will show you the odds of your parlay, along with the potential payout, depending on your stake. You can remove any wagers from your parlay by clicking the garbage can icon, which will adjust the odds and potential payout.
To place an SGP on FanDuel, click “More Wagers" and then the “Same Game Parlay" tab. Like regular parlays, each of your bets needs to win in order for the SGP to be successful. The difference is that you’ll often get worse value in odds because the outcomes are correlated.
It's important to note that if it's an Odds Boost pre-packaged parlay, one voided selection cancels out the entire parlay. FanDuel may reject parlays with multiple combinations of the same event. Additionally, players must be active for a prop to stand. For example, if a player is a late scratch and you've taken an Under on their prop, the bet will be void.
FanDuel also offers Parlay Insurance, which can be used on Over/Under parlays. If your 5+ leg wager loses by one, you’ll get a maximum refund of $25 in site credit.
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Live betting
FanDuel offers Same Game Parlays, which combine two or more selections from a single game or correlated games, matches, or events. You can also add more selections from other games to your Same Game Parlay with SGP+. Live SGP/SGP+ is available for all NFL games, allowing you to get in on the action even after the game has started. For example, you can bet on your favourite team to win by more than four points and the total to go over, all in one parlay.
If you are successful with live betting, FanDuel may put a substantial delay on your account's ability to live bet. This delay can make it nearly impossible to bet on sports where the odds change rapidly, such as tennis or table tennis.
It is important to note that at least ten minutes of game time must elapse in the fourth quarter for wagers to have action, unless the result of the wager has already been determined. Overtime counts for all markets unless stated otherwise.
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Frequently asked questions
The three most common types of bets on FanDuel are "spread," "moneyline," and "total" (also known as "over/under").
A moneyline bet is a wager on the outcome of a game. Returns tend to be less symmetrical than a spread bet because the odds aren't adjusted to make up for the favourite/underdog imbalance.
When you bet the spread, you're betting on a team's margin of victory or defeat. If you bet on the favourite (indicated by "-"), they have to win by more than the number shown. If you bet on the underdog ("+"), they can either win outright or lose by less than the number shown.
An over/under bet is a wager on the total amount of points scored in a game by both teams combined. If you bet on "over", the teams' combined score must be more than the number shown; if you bet on "under", the combined score must be less.
You can place bets in the FanDuel app on your phone, or use their desktop site. Scroll through the sports at the top of the page/app to pick your sport, then scroll down to find your upcoming game. Select your preferred sport to access the day's games. You'll see traditional markets like moneyline, point spread, and full-game totals.
