The two biggest daily fantasy sports sites out there are DraftKings and FanDuel. Both of them have tens of thousands of users at any given time, and some people even switch back and forth between the two.
But which one is best? FanDuel vs. DraftKings – That’s the big question that we want answered. Let’s look at a breakdown of each site so we can get an informed answer.
DK & FD Sportsbooks Update
A lot has happened since we first wrote our comparison of Fanduel and DraftKings. Both of these companies are pushing hard to get into the sportsbook world. As of right now, their expansion is growing widely across the United States. This should be the case each year as more and more states come on board to allow sports betting. Once the state decides they want legal sports betting both Fanduel and Draftkings do what they have to get in the action. They have some solid brand recognition so this is a no brainer for them. As the industry grows, look for more information about Fanduel and Draftkings sportsbooks. Look for sites to really break down offerings and what they can do for you. We will continue to add more and more news as things take shape.
DraftKings launched in 2012, and is based out of Boston, Massachusetts. Although they weren’t the first on the scene, they quickly rose to become one of the largest daily fantasy sports sites out there.
According to estimates from July of 2017, there were 8 million users of the site.
The DraftKings site hosts many different kinds of contests. They have the big three sports (basketball, football, baseball), along with golf, soccer, WNBA, League of Legends, NASCAR, college football, hockey, and MMA. They have large tournaments where thousands of people can compete for a handful of prizes, as well as smaller tournaments, going down to as few as two-person tournaments. They also offer the occasional 50/50 and multiplier tournament.
Some contests at DraftKings are free to enter, while paid tournaments can be found for as cheap as $0.10. Entry fees range upward of $26,000, depending on what your needs are. The prize money available varies and is dependent on the type of tournament that you enter and the entry fee.
At DraftKings, you can create custom tournaments, connect with people that you know, and take part in different challenges, or “missions” as the site refers to them. These all have a lot of potential to make using their site more entertaining. Every once in a while, DraftKings has contests where site users compete for non-cash prizes, like tickets to a game. These add some variety to the site, depending on what you’re looking for.
DraftKings Account Management
To create an account at DraftKings, you will need to create a username, supply your name and address, and create a password. This portion of the setup is completely free, and if you never want to make a deposit, you do not need to. From time to time, DraftKings offers free contests, and it is possible to parlay these winnings into actual money. If you do decide to make a deposit, the minimum amount is $5 and the maximum is $2,000. You can use a credit card or your PayPal account to process the deposit. As soon as the money shows up in your account, you can get started with their games and tournaments. Be sure to fill out the information correctly as some states do not currently allow fantasy sports. The information for taxes will also need to be filled out correctly as you withdraw any earnings.
DraftKings Scoring Methods and Strategy
As you’d probably expect, each sport at DraftKings has a slightly different way of keeping score. We’ll use football as a reference point here. Looking at the quarterback position, QBs are awarded 0.04 points for every passing yard, and 0.1 point for every rushing yard. They are awarded 4 points for a passing touchdown and 6 points for a rushing TD. DraftKings takes this a step further by awarding a bonus of 3 points when a QB passes for more than 300 yards in a game. Any interceptions thrown equal -1 point.
FanDuel was the first major daily fantasy sports website, being launched in 2009. Their corporate headquarters are based out of New York, New York.
Estimates say that about 6 million people currently use FanDuel on an active basis.
Like DraftKings, FanDuel offers a wide variety of contests. As far as sports go, they offer the big three (football, basketball, and baseball). In addition to this, they also have soccer (the English Premier League), WNBA, and PGA golf. The site has a user base close to that of DraftKings, and thanks to this large size, there tends to be a wide variety of contest types. They have your typical large tournament with only a few winners, they have head-to-head tournaments, 50/50s and multipliers, along with winner take all tournaments.
Entry fees start out at free, but if you are going to enter a paid tournament, the minimum entry fee is $1. The more expensive tournaments cost upward of $5,000 or more. Payouts depend on the type of tournament that you enter.
FanDuel allows you to connect your friends to the site and create custom tournaments. These features only add to the enjoyment that clients get from the site. FanDuel also has the occasional big contest where fantasy managers compete for tickets to events or other prize packages.
FanDuel Account Management
FanDuel’s account management is very similar to DraftKings’. They are both bound by the same laws, so the same information will need to be applied to your account—your name, address, and so on. You do not need to make a deposit, and because FanDuel is a bit bigger than DraftKings, they tend to offer more free contests than DraftKings. If you wish to make a deposit, you will need to use the same methods: either a credit card or PayPal. The minimum deposit here is $10, and the maximum is $10,000. If you withdraw earning from the site, you will need to provide FanDuel with your tax information, as required by law.
FanDuel Scoring Methods and Strategy
Each sport that FanDuel hosts has a different scoring method. Looking at quarterback in football, for example, we see that a passing touchdown is worth 4 points, a rushing TD is worth 6 points, and the QB is award 0.1 point for each rushing yard and 0.04 point for every passing yard. If the QB throws an interception, there is a 1 point deduction. This is the exact same scoring method that DraftKings uses, minus the bonus system that DraftKings has in place. Because of that bonus system, the strategy that you use for drafting a football team will be very different at FanDuel as QBs will not be valued as highly here.
DraftKings vs.FanDuel – These two huge sites and they both have thousands of satisfied customers. But what do you think? Which one is better?