FanDuel Odds: How They Work & How to Read Them in 2026

FanDuel Sportsbook Facts

FanDuel Sportsbook Signup Promo New Users – Get $350 in Bonus Bets Guaranteed – When You Bet $5 for 7 Days!

copy Promocode

Go to FanDuel Sportsbook

Rating

3.8/ 5

• Wide range of betting markets
• Live streaming available
• Competitive odds

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit www.gamblersanonymous.org . Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

Quick facts about FanDuel betting odds

• FanDuel uses American (moneyline) odds by default.
• The sportsbook has a vig of 4% to 4.4% on odds for popular US leagues.
• You can increase your odds payout using FanDuel Profit Boosts tokens.

What are FanDuel odds?

The odds at FanDuel represent the probability of an outcome occurring. They apply not only to traditional sports like football and basketball, but also to esports such as League of Legends (LoL). However, FanDuel Casino games don’t use odds.

Besides showing the probability of an outcome happening, FanDuel Sportsbook odds indicate potential winnings for correct predictions. As experts, we know that the higher the odds, the lower the probability, and vice versa. Also, bigger odds mean more potential payouts.

You can wager on the sports odds using your real money balance or FanDuel bonus bets. On the sportsbook app, we sometimes see Profit Boosts that increase the odds for better potential winnings.

FanDuel Offers

Sports Offer

As a new customer aged 21 and above residing in any of the Fanduel sportsbook eligible states, you can claim the offer of “Get $350 in Bonus Bets Guaranteed – When You Bet $5 for 7 Days!”. To qualify for this offer you must be a new customer aged 21 and above in NJ, PA, MI, or WV.

Key Terms: Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit [ccpg.org/chat](http://ccpg.org/chat) (CT). Hope is here. [GamblingHelplineMA.org](http://GamblingHelplineMA.org) or call (800) 327-5050 for 24/7 support (MA). Visit [mdgamblinghelp.org](http://mdgamblinghelp.org) (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit [www.gamblersanonymous.org](http://www.gamblersanonymous.org) Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

Casino Offer

Fanduel also has an offer for its casino players, new customers are eligible to claim the offer “Deposit $10, Get 500 Bonus Spins & $50 In Casino Bonus” after making a $10 first deposit.  The offer is live from June 8, 12pm ET, and is available in NJ, PA, MI.

Key Terms: Gambling Problem? Call 1-800-GAMBLER Must be 21+ and present in NJ, PA, MI. $10 first deposit req. Bonus issued as non-withdrawable bonus spins and Casino Site Credit that expire 7 days after receipt. Bonus spins are received in increments of 50 and may only be used in the state of first deposit and on select games. Restrictions apply. See terms and eligible games at fanduel.com/casino. ©️ 2025 Light and Wonder. All rights reserved.

How to read FanDuel odds

FanDuel supports two main odds types: American and decimal. Reading them isn’t complex, and we’ve explained how below:

FanDuel American (moneyline) odds

Like on other sportsbooks, FanDuel moneyline odds come with negative (-) and positive (+) signs. The negative rate shows how much you’ll wager to win $100, while the positive indicates your potential payout for a $100 bet. Here’s an example for an NBA game between the 76ers and the Cavaliers we saw on the FanDuel app:

• 76ers: +350
• Cavaliers: -450

The above odds mean you’ll win $350 if you bet $100 on the 76ers. On the other hand, you have to wager $450 on the Cavaliers to win $100. Clearly, the Cavaliers are the favorites, while the 76ers are the underdogs.

FanDuel decimal odds

If you prefer decimal odds, reading the lines is much simpler. The team with the lower rate is the favorite, while the higher odds are for the underdog. To know your potential payout, you multiply your stake by the decimal.

We switched to decimal odds on the FanDuel app and got these for an NFL game:

• Raiders: 5.1
• Broncos: 1.18

The lines show that the Broncos are heavy favorites. If you bet $100 on the team, your payout will be just $118. Meanwhile, a successful $100 bet on the Raiders will result in a $510 return.

If you’re in any of the fanduel states, you can click the banners on this page to visit the sportsbook to see the odds yourself.

Bet live at Fanduel today

All your favorite sports games available at Fanduel

How to change odds on FanDuel

Based on our experience, switching odds formats on FanDuel is a walk in the park. Here’s how to go about it:

1. Log in to your FanDuel account 

2. Visit your Account page

3. Scroll down and select Preferences

4. Choose American or decimal odds

5. Close the section when done

It goes without saying, but you can only access and change the odds if you’re a registered FanDuel bettor. To sign up, you have to meet the FanDuel age requirement, which is 21+ in most states. Only Kentucky, Washington, D.C., and Wyoming allow 18+.

Are FanDuel Sportsbook odds fair?

All US sportsbooks apply a vig to odds, and FanDuel isn’t different. Also called juice or margin, it’s a built-in commission that the betting brands charge to make a profit regardless of the result.

For example, in an NFL game, you might see both sides priced at -110 instead of the fair +100 (even odds). The $10 difference is the bookmaker’s edge, lowering your payout by about 4.7%. So, the lower the vig, the better the odds.

We calculated the juice and potential payout for  FanDuel odds across different sports to see if the sportsbook offers fair rates. These are the results:

Our vig benchmark is 8%, meaning a potential payout of at least 92%. FanDuel performs well below this percentage for popular US leagues like the NFL, NBA, and NHL. Therefore, our verdict is that the sportsbook has fair odds.

The juice is higher for soccer and esports because they don’t draw high betting traction in the US. In our review, the soccer odds were mainly for European leagues, while esports were just League of Legends (LoL) matchups.

You can get higher potential payouts by applying Profit Boost tokens or similar bonuses when available. From our checks, the offers usually don’t require a fanduel existing user promo code to claim.

FanDuel Sportsbook Signup Promo New Users – Get $350 in Bonus Bets Guaranteed – When You Bet $5 for 7 Days!

copy Promocode

Go to FanDuel Sportsbook

Rating

3.8/ 5

• Wide range of betting markets
• Live streaming available
• Competitive odds

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit www.gamblersanonymous.org . Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

Pros and cons of FanDuel betting odds

We have positive ratings for FanDuel Sportsbook odds because they’re competitive. With juice of less than 4.5% for top leagues, you can expect decent payouts if your bets win. Plus, if you claim Profit Boosts, you can increase your potential winnings even further.

The drawback from our analysis is the larger juice on esports odds. However, it’s not a major downside, as other US sportsbooks offer similar rates for esports. In summary, these are the pros and cons to know about FanDuel betting odds:

Conclusion – Bet on competitive odds with FanDuel

So far, we’ve explained how FanDuel betting odds work and how to read them. Also, you now know how to switch from moneyline to decimal format if necessary. The odds meet the competitive benchmark as our calculations confirm. Esports may have a higher vig than regular sports, but it’s not a deal breaker since it’s common in the industry.

Overall, if you’ve been searching for a US betting brand with fair odds, FanDuel is an ideal option. You can click the banners on this page to visit the sportsbook and start wagering today.

Signup Promo New Users – Get $350 in Bonus Bets Guaranteed – When You Bet $5 for 7 Days!

copy Promocode

Go to FanDuel Sportsbook

Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit mdgamblinghelp.org (MD). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ (18+ DC, KY, WV). Void where prohibited. Gambling problem? Call 1-800-GAMBLER or visit www.gamblersanonymous.org . Must be 21+ in NJ, PA, MI, or WV. $10 first deposit req. Bonus issued as non-withdrawable bonus spins which expire 7 days after receipt. Restrictions apply. Contact 1-877-770-7867 (LA).

Read More

FanDuel odds FAQs

1. ⚖️ How do FanDuel odds work?

   FanDuel odds indicate your potential winnings and the probability of a sports event occurring. The lower the odds, the higher the chance of winning, but the smaller the payout.

2. 📊 What odds does FanDuel support?

   FanDuel supports American (moneyline) and decimal odds. American is the default, but you can switch to decimal via your account preferences.

3. 🏆 Does FanDuel have competitive odds?

   Yes, FanDuel has competitive odds. The US sportsbook consistently offers rates with vig of less than 4.5% for top leagues like the NFL, NBA, NHL, and MLB. That means you’ll get at least 95.5% payouts for correct predictions.

4. 📈 Can I increase my odds on FanDuel?

   Yes, you can increase your odds on FanDuel using Profit Boost tokens. For instance, a 20% boost will increase a +100 to +120. So, you win $120 for betting $100 instead of the even $100.

5. ❌ Does FanDuel have fractional odds?

   No, FanDuel doesn’t have fractional odds since the format isn’t popular in the US. You can only choose between American and decimal formats.