You can also find bets under the “popular” tab, or in the “promotions” tab. If you want to place parlays (two bets tied to one another), you have to do so manually in the bet slip by selecting two different bets. There is no separate tab for parlays.

The favorite is the team with the minus sign (-) next to their name since they’re “giving up” points (i. e. they’re expected to win). The underdog will have the plus sign (+) next to their name. So, let’s say you’re gambling on the Atlanta Falcons and the Chicago Bears. The Falcons might be +3, while the Bears might be -3. So, you could gamble on the Falcons losing by 3 points or less (or winning), or the Bears winning by more than 3 points. The number underneath the spread shows the amount you’d have to gamble to $100. So, if the Falcons are (+3 / -118), you’d need to gamble $118 to win $100 (you can bet more or less than $100, but gambling returns are always explained via this $100 example). Select the specific spread you’d like to gamble on and enter the amount you’d like to wager before clicking the “place bet” button.

Let’s say the Baltimore Orioles are playing the New York Yankees. The Orioles are the favorite. FanDuel will show something like “-320” under the Orioles, and “+240” under the Yankees. This means that you’d need to bet $320 on the Orioles to win $100, while you’d make $240 by betting $100 on the Yankees. Once you click the moneyline bet you’d like to take, the bet slip will open. Enter the amount you’d like to wager and select “place bet. ” On some games, you may see “alternate lines” available. These are custom moneylines (i. e. not set by FanDuel), that you can wager on. These are often entered as part of a parlay to hedge a risky bet. [4] X Research source

Let’s say the Dallas Cowboys are playing the Arizona Cardinals. You might see “O 48 -110” and “U 48 -110. ” If you take the “O 48 -110,” it means that you expect both teams to score over 48 points combined, and you’d need to bet $110 to win $100. The “U 48 -110” is the same thing, except it’s “the under. ” So, if you “took the over” and the Cardinals scored 21 points, and the Cowboys scored 35 points, you’d win because 21 and 35 points add up to 56, which is more than 48. Once you select the over or under, enter the amount you’d like to wager and select “place bet. ”

You can add as many additional bets as you’d like before filling out the parlay wager, but keep in mind that every single wager must go your way to get paid. This is a mathematically riskier way to go. This is a high-risk and high-reward maneuver. Gamblers often place parlays when they’re very confident in one of their bets but the odds are terrible. By parlaying the bet with terrible odds, you give yourself a boost in the potential payout.

You will almost always see a plus sign (+) under the payout for these prop bets because the odds that a prop bet pays out are typically pretty slim. For example, you might see a prop bet for “Matthew Stafford has the most regular season passing yards +800. ” This means that a $100 bet would pay out $800. It can be difficult to get a sense for whether the odds are very good for certain prop bets, and you may want to only place these sparingly. The payouts on prop bets are often very high, but that’s because it can be very difficult to win. What are the odds that a specific player hits a home run in a given game, for example?

You might place a SGP+ bet if you’re extremely confident in a certain sequence of events taking place. These bets can get pretty complicated, so hold off on this until you understand what you’re doing. For example, let’s say the San Francisco 49ers are playing the Philadelphia Eagles. You might combine a moneyline bet on the Eagles winning, a prop bet on the Eagles’ QB throwing over 200 yards passing, and a spread bet on a separate game taking place right now.

Like prop bets, futures bets tend to have huge payouts because the odds are extremely low. Winning a futures bet involves predicting the outcome of something very specific happening in the far future.

The Round Robin bets can get fairly complex, since you can parlay multiple legs together and then parlay that basket of bets into an additional bet. You’re best off staying away from Round Robin bets until you’re extremely confident in what you’re doing on the platform.

If you are a resident of one of these states where FanDuel is offered but you spend time in another state, do not log into your account or place bets while you are out of the state. FanDuel tracks your location, and your account may be banned if you use their platform in an illegal state. Some states have deposit limits, so you may not be able to deposit as much money as you’d like depending on where you live. FanDuel is one of the only legal betting sites for the state of New York! The legality of FanDuel in Louisiana depends on the specific parish you’re in. It’s legal in part of the state, but not others, so check ahead of time.

You can sign up on FanDuel’s phone app if you prefer. You’ll also be able to sign into the app using your desktop account as well, if you prefer. You may also be asked to submit a utility bill displaying the address you entered. [11] X Research source

Typically, your money will be credited instantly so that you can start gambling after you’ve clicked the “deposit” button. There is no limit on withdrawals and you can take cash out at any time.

If you ever find yourself compulsively placing bets, you can lock yourself out of the account to take a break for 3, 6, 9, or 12 months in the same menu as the “close account” button.

Many (if not most) sports gamblers stick to a single sport and only gamble on those games.

For example, let’s say you’re playing the spread on a game between the Miami Dolphins and Green Bay Packers. The Packers may be listed as the underdog, but what if it’s supposed to snow that day and they’re playing in Green Bay? The Dolphins may struggle in the brutal conditions, so you may have a better shot!

It may be less exciting to gamble small amounts, but you’re going to be able to stick around a lot longer if you don’t overdo it. For example, let’s say you have a $500 bankroll. You’d want to gamble $10 (2%) if you aren’t confident, or $25 (5%) if you’re extremely confident. If you find yourself depositing more and more money, you may not want to stop gambling.

For example, let’s say you’re playing the spread on the Denver Broncos and Detroit Lions game. The spread might be Broncos -8. If you really think the Broncos are going to win, you might add 8. 5 points to make the odds +0. 5, which will pay out way more.

Remember, it’s still not a good idea to wager on events that you don’t know a lot about, even if the odds are extremely enticing.

Signs that you may be getting addicted to gambling: Obsessive thinking about gambling, being unable to quit, gambling to escape problems, trying to get back “lost money” with more gambling, lying about the problem, or destroying your financial stability to continue gambling. You can contact the National Problem Gambling Helpline at 1-800-522-4700 to get free support.