FanDuel offers many different types of bets across a vast variety of sports, allowing sports bettors to modify their bets based on their risk tolerance. Sports featured on the FanDuel Sportsbook App include baseball, basketball, boxing, football, golf, hockey, ice hockey, MMA, motorsport, rugby union, soccer, tennis, and volleyball, plus plenty more. Below, you'll find a rundown of the available bet types that can be used to wager on the list of sports.
A moneyline bet is just choosing a straight-up winner. There are no spreads or conditions to worry about. The favorite in a moneyline bet will typically pay out less than your stake, so you will encounter odds such as -150 (bet $150 to win $100). The underdog usually pays out more than you bet, so underdogs often have odds like +150 (bet $100 to win $150). Moneyline bets are generally available for every sport, including games involving New York teams in the NFL, NBA, MLB, and NHL.
Parlays are made up of multiple legs. At FanDuel, you can place a Same Game Parlay on aspects of a single game, or make a parlay with legs from either one sport or multiple different sports at once. More legs will increase your payout but also increase your risk, as just one losing leg sinks the entire parlay.
For example, a parlay on the Yankees at -250, Mets at -240 and Knicks at -200 in their respective games would bring your odds all the way to +197, making your bet on three clear favorites pay out as if it was a bet on a single substantial underdog. However, a loss by any one of those three New York teams would result in your bet being graded as a loss.
A teaser is a parlay on spreads or point totals in which the spreads or totals are shifted in your favor. Say the Giants are 3-point favorites against Washington at home and the Jets are 3-point underdogs in Miami.
Football teasers usually shift things over by six points, so the original Giants (-3) vs. Washington and Jets (+3) at Miami lines become Giants (+3) and Jets (+9). Those new lines are much easier to cover, but your potential payout will be substantially lower than if you had parlayed the two New York football teams at their original lines.
Instead of choosing a winner outright or against the spread, you can bet on the total goals, points or runs scored in a game. For instance, a Yankees-Mets Subway Series game could have an over/under of 7.5 runs. If you like both teams and can't bear to pick a winner, you could instead wager on whether the two teams will combine for more or fewer than 7.5 runs. The way they have been pitching this season, the under (seven combined runs or fewer) looks quite tempting in this hypothetical.
Prop bets are wagers on an aspect of a game besides the winner or total. For instance, a popular New York Rangers prop bet throughout the NHL season was Chris Kreider to score a goal. Considering he racked up 52 in 81 regular-season appearances in 2021-22 and had 10 more in 20 playoff games, this particular prop bet was often successful.
A futures bet is a sports bet placed on a future outcome, usually regarding a league's championship. Football futures markets are open now, and teams from New York offer some of the shortest and longest odds when it comes to Super Bowl betting for the upcoming 2022-23 NFL season. The Buffalo Bills are among the favorites to win it all and are typically priced around +700. On the other, the Jets and Giants are among the least likely teams to win Super Bowl 57, but a bet on either will pay off handsomely if they somehow pull it off. Place your NFL bets on these NFL Betting Sites.
Round robins are a way to spread out risk through making a series of smaller parlays instead of one larger parlay. Let's say you believe the Yankees, Mets, Knicks, and Nets will all win their next game but aren't quite sure enough to throw all four into a parlay.
A round robin will allow you to place separate smaller parlays consisting of groups of either two or three teams. With a pool of four teams, you can either place six two-team parlays or four three-team parlays. If you go with three four-team parlays and only the Knicks end up losing out of those four teams, you will hit on the Yankees-Mets-Nets parlay while losing the other three.
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Most bets are placed pregame, but live betting is also available at FanDuel. When live betting you can wager on an event that has already started based on updated odds for the moneyline, spread or total. If you bet pregame on the Yankees to beat the Twins on June 9, you would have got unremarkable odds.
However, those who kept the faith after New York fell behind 7-3 through three innings could have made a live moneyline bet for a significantly larger payout prior to the Yankees' comeback for a 10-7 win.
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