The FanDuel Sportsbook reserves the right to add, delete, or change the House Rules and/or payoff odds subject to regulatory approval of the New York State Gaming Commission. House Rules All sports wagering events and bets described in the House Rules (“House Rules”) for the FanDuel Sportsbook at MotorCity Casino (the “Sportsbook”) are subject to approval of the Michigan Gaming Control Board (“MGCB”). Tennessee Sports Betting Rules. When it comes to Sports betting in the state of Tennessee, things feel different when compared to other states. There are no regular brick and mortar sportsbooks here, only online and mobile sports betting. The body in charge of regulating online sports.
Valley Forge Casino is the smallest casino in Pennsylvania by square footage, but that hasn’t stopped it from making some big moves.
In November 2017, Valley Forge paid $1 million to the state so guests no longer have to pay a $10 resort fee to enter.
Boyd Gaming Corporation acquired Valley Forge Casino in December 2017. The Las Vegas, Nevada-based gaming company finalized the $280.5 million deal in September 2017, then added 250 new slot machines.
In January 2020, Valley Forge Casino reported $21.6 million in revenue. The reason for the eye-popping 92% YoY increase? About 40% came from sports betting.
Then the coronavirus pandemic happened, and Valley Forge was the first casino to close its doors in the spring.
With recovery underway, Boyd’s stock price (BYD) has rebounded strongly. After dropping under $8 in mid-March, $BYD hit a high of around $50 just a week ago.
Although Valley Forge might be small in size, it has a mighty partner — FanDuel, the DFS giant turned sports betting behemoth.
FanDuel rules PA
Since August 2019, FanDuel has taken the most bets of any sportsbook operator in Pennsylvania each month.
During the 2019-20fiscal year, FanDuel online sportsbook accounted for 49% of all online wagers placed in PA. In total during fiscal year 2019-20, the PA sports betting app took $968.7 million in bets and made $39.4 million in revenue.
When FanDuel launched in PA in late June 2019, it was the fourth online sportsbook. Now, there are 13. DraftKings has held a firm grip on the No. 2 spot since arriving in the fall of 2019. Last week, the Pennsylvania Gaming Control Board released monthly figures for December 2020. FanDuel again was the leader for handle, but newcomer Barstool online sportsbook posted the highest revenue ($14 million) with an almost unheard-of 20% hold.
Despite increased competition, six months into the 2020-21 fiscal year, FanDuel has nearly reached its total handle and already surpassed its total revenue from last year. After six months, it has taken $946.8 million in bets and posted $49.5 million in revenue.
FanDuel’s retail sportsbook is right near the main entrance at Valley Forge Casino. It opened in March 2019, and at 1,800 square feet, it’s a small sportsbook with a big name. Even with being closed for three weeks in December, FanDuel’s retail sportsbook has generated $2 million in revenue this fiscal year. It’s already exceeded 2019-20 FY revenue ($1.4 million).
On partnership with FanDuel: “You can’t put a number on it”
In an interview with PlayPennsylvania, Valley Forge Casino General Manager David Zerfing talked about the casino’s partnership with FanDuel, recovery after a disruptive 2020 and how the casino plans to stay competitive.
PlayPA: It’s a cliche, but it’s also very true: Valley Forge’s Casino’s partnership with FanDuel has been a home run.
Zerfing: Absolutely. FanDuel has retail books throughout the world and is a huge retail operator. They are the No. 1 sports operator both online and retail. At the corporate level, Boyd realized … long before sports betting started in Pennsylvania that they needed a partner for retail and online. They went out and got the thousand-pound gorilla, and it has benefited the company.
PlayPA: With online casinos and sportsbooks launching in Pennsylvania, how important is it to Valley Forge to have a partner like FanDuel, especially after a year like 2020 when the brick-and-mortar casino was closed for about a third of the year?
Zerfing: It is the most important thing. If we tried to go out and do it with our own name, we would never have been able to. Boyd’s name is huge, but FanDuel’s expertise in this area is unprecedented. Being able to use them and their expertise in terms of marketing and new sign-ups — they understand how to grow the market, [and] you can’t put a number on how important that is.
Casino recovery during and after a pandemic
PlayPA: Valley Forge was the first casino to close in Pennsylvania in March 2020. How would you describe 2020 at the property?
Zerfing: For everything we went through, we were successful. Our focus since we have reopened has been entirely different than before. It’s about the safety of our team members and our guests. A lot of things you would normally do to drive business, you don’t even think of it because it’s all about safety. It’s a different way of operating, and I think we are all looking forward to the day we are not operating like that.
PlayPA: In 2021, for Valley Forge and all casinos, what are the keys to recovery?
Zerfing: Recovery starts to happen when restrictions start getting lifted and people feel safe. I think there is definitely a group of individuals who aren’t frequenting casinos or restaurants, especially the elderly, who have not taken part in any activity due to COVID, and there is a pent-up demand. The people who have been coming and adhering to the rules, they will be able to have more fun and come more often. Not just us, but for the whole hospitality industry, there’s a demand from people who haven’t been able to partake like they used to and want to.
New competition with Live! Casino Philadelphia
The first new full-size casino in 10 years is in its soft opening stage, with a grand opening planned on Feb. 11. The $700 million Live! Casino Philadelphia brings added competition. Valley Forge Casino was the only casino in the northeast region of Pennsylvania with a hotel. However, it no longer holds that distinction, since Live! Casino has a 208-room, 12-story hotel.
PlayPA: How does Valley Forge Casino plan to compete with Live!?
Zerfing: In the short term, under these conditions, we compete by making people safe when they visit. The customers who visit come because they feel safe, recognize the protocols we put in place and see cleaning happening.
We all have slots and tables. But you can’t compete with the service and the culture we provide our guests. In the long term, we compete with our location, customer service and culture. Many of our customers are repeat customers. They come here because we make them feel at home. They love our level of service and team members. No one can compete against that.
Valley Forge Casino reward program
Valley Forge Casino joined Boyd’s nationwide loyalty program in the fall of 2020. It provides Valley Forge Casino customers access to B Connected, Boyd’s loyalty program. All Valley Forge players club members will be awarded a new B Connected tier level, effective through December 2021. Each year, guests will have 12 months (January through December) to earn an upgraded tier level, and once earned, players will have instant access to that tier level and its associated benefits through the next full calendar year.
B Connected credits and points are earned at Boyd Gaming casinos when playing slots, video poker, table games, poker or sports betting.
Recognized as one of USA Today’s “10 Best” casino loyalty programs nationwide, the B Connected program offers five player tiers:
- Ruby
- Sapphire
- Emerald
- Onyx
- Titanium
Rewards and perks grow as players move up through the tiers. B Connected offers members benefits such as:
- Discounts on hotel stays and retail purchases at Boyd Gaming properties.
- Special discounts with exclusive partners.
- Access to annual Boyd Gaming promotions and contests.
“With B Connected, we sought to create a player loyalty program that is truly distinctive and compelling,” said Matt Ryan, senior vice president and chief marketing officer of Boyd Gaming. “In addition to the wide array of discounts, comps and benefits our customers have come to expect, we’ve added an incredible selection of trips and unique experiences to appropriately recognize and reward our loyal players. From cruises to tropical getaways and even opportunities to earn exclusive sports and entertainment experiences, now, more than ever, it’s truly ‘Good to B Connected.’”
For members of the B Connected network, all tier benefits and B Connected points will be honored at Boyd Gaming properties across the country, including Boyd Gaming destination resorts in Las Vegas, the Gulf Coast and throughout the Midwest.
FanDuel Sportsbook Review for October
In this FanDuel Sportsbook Review, we’ll cover the legalities around betting on sports in the United States as well as the FD sports book product itself. First and foremost, FanDuel’s sportsbook is only currently available to residents of the state of New Jersey. This is of course separate from their daily fantasy sports (or DFS) platform, which is essentially available nation wide. If you’re ready to play with the big boys, be sure to use our FanDuel Promo Code when setting up your account.
Learn More about FanDuel Sportsbook
Betting Types | Rollover | House Rules | Platform / App | Variety | Summary
For those of you that would like to learn more about the FanDuel company, it’s founders and it’s legitimacy, we urge you to read our FanDuel Review.
If you’ve lived under a proverbial rock for the past 20+ years or have never considered betting on sports online until now, you need to be aware of some history.
The online United States sports betting market is worth billions of dollars annually. People have been trying to capitalize on sports betting online since mid 1995.
However, due to laws prohibiting betting on sports in the U.S, a number of ‘offshore’ sports books and shell companies operating online have risen and fallen over the years. (Some still indeed exist and thrive today.)
American citizens were essentially forced to either physically travel to Nevada or perhaps a local casino to make a wager, or search in desperation online for a ‘reputable’ offshore option. The latter of which, was a nearly impossible task.
Fanduel Sportsbook Age
Everything changed on May 14, 2018, when the Supreme Court struck down a federal law called the Professional and Amateur Sports Protection Act. In doing so, the pathway to American citizens betting online specifically on sports was laid out.
We won’t get into the legal weeds, but essentially it’s now up to individual states to decide whether or not their constituents can place sports wagers online. So far, New Jersey is the only state where a resident can go online and legally bet on sports.
Online sports betting is likely coming to your state, the only question is when. Sadly, there will be countless hurdles to jump over and hoops to jump through, not to mention the amount of fees that will be put in front of sportsbook businesses trying to operate in each state.
However, FanDuel is up to the challenge and just happens to have an already polished online sport book plaftform.
Know that the simplicity, fun, entertainment and additional drama that will be at your finger tips in the coming months and or years, has been years in the making.
Fanduel Sportsbook Rules Iowa
Those that came before you had to deal with shell companies operating out of countries and territories in the Caribbean and other parts of the world that you’ve likely never heard of.
FanDuel is going to be one of your new favorite apps and you’re going to have the ease of betting on sports with a reputable company at your finger tips.
FanDuel Sportsbook Review of Betting Types
While the US sports market is still embryonic, FanDuel offers a wide range of betting types. As they continue to roll out across the country and the phenomenon takes hold among users, we expect many additional betting types to emerge, especially as it relates to ‘Live Betting’.
If you’re new to sports betting, FanDuel offers betting types that you’d expect including but not limited to outright winners, finishing positions, props, futures, game lines, win margins, odd/even scores, score by quarter or half and group betting.
There are also season, series, divisional and tournament betting options (among others).
The types of bets offered vary by sport and evolve or change over time. In other words, if it’s an interesting wager and involves big names or big events, FanDuel will likely offer a way to take a side on a wager.
FanDuel Sportsbook Review of Rollover Policy
One of the most exciting aspects regarding well regulated US sportsbooks is not having to deal with typically shady ‘offshore’ sportsbook rules. For example, while many offshore sportsbooks make it easy enough to setup an account and place a bet, when it comes to withdrawing your money (and or winnings), it’s a whole other story.
For those that aren’t aware, almost all offshore sportsbooks require what is known as rollover before being able to make withdrawals. While this process isn’t completely shady in all cases, especially as it relates to promotions and bonuses (marketing gimmick), it’s far from smooth or operating transparently.
You’ll ecstatically notice with FanDuel that insane rollover policies, even as it relates to bonuses or promotions are not in place. While this is indeed cause for celebration, it’s important to know the complete details (terms and conditions & house rules) of betting online with FanDuel.
We suggest reading absolutely all the fine print, just so you aren’t surprised by requirements, such as those attached to making withdrawals.
For example, there are important time tables involved when accepting almost all special offers, bonuses and or promotions. Furthermore, when you accept promotions, you’ll be required to wager at least the initial amount plus the bonus, this is known as their wager requirement. Look into it, understand it and plan for it.
FanDuel Sportsbook Review of House Rules
Like most sports books, FanDuel’s Sportsbook has what are known as House Rules. While this is a long read, it’s important to understand. Again, you’re not going to find shady written legalese often found in offshore books. You will find however, incredibly detailed information related to every aspect of how FanDuel’s Sportsbook works.
We know you’re not going to read the entire rules section. There are a ton of details to cover when offering a reputable sports book however.
We at least recommend however that you read all the rules around the sport that you intend on betting, as well as some of the basics such as event postponements & cancellations, that apply to all wagers.
As an additional example, FanDuel’s House Rules is where you’ll find information as it relates to how over-time is factored into your bet. Frankly, there are a ton of variables that need rules in place to ensure a safe, fun and fair betting environment.
Overall, FanDuel’s House Rules are vast but they’re in place in an effort to host legitimacy, fairness and to try to stay ahead of potential close-calls and unforeseen circumstances.
FanDuel Sportsbook Review of Platform / App UI & UX
Understand this, FanDuel knows where the daily fantasy and sports betting industry currently is and where it’s heading. Thus, they’ve put an enormous amount of time and money into the development of it’s platforms.
Fanduel Sportsbook Illinois
Similar to FanDuel’s Daily Fantasy Sports, their Sportsbook is incredibly clean, well designed with meticulous attention to detail and intuitiveness as a driving force. It’s our opinion that their native app will soon become extremely widespread as sports betting continues to legalize from state to state.
When people understand that they’re able to place a wager on a reputable platform for their favorite teams and games with the click of a few icons on their smartphone, everything changes. A fair market and the ease of use already developed will add a level of excitement, drama and fun that will spread like wildfire.
FanDuel Sportsbook Review of Sports Covered
Concerning United States customers, all the sports that you’re interested in betting on are offered. These sports of course include NFL, NBA, MLB, NHL, Golf, NCAAF and NCAAB. In addition, for the absolute sports fanatics among you, FanDuel Sportsbooks also feature MMA, Motor Racing, Rugby, Soccer and Tennis just to name a few additional sports.
For example, you can currently place a bet on who will win the NCAAF National Championship, who will win the Heisman Trophy, who will win the NFL Super Bowl and the list goes on and on, you get the picture.
FanDuel Sportsbook Review Summary 2019
The US Sports market is already incredibly exciting. So much of our culture revolves around sports. When the NFL is in season, it’s a cultural regulator (watching games all Sunday long – watching games with friends etc.) and the same goes for college football.
FanDuel Sportsbook Rating
FanDuel Sportsbook is currently our top rated sportsbook in the world. They take our top grades in terms of website, app, and new player bonus offers. The obvious caveat is that you can only play on the FanDuel sportsbook if you live in New Jersey. Given how hard they have worked to legalize sports betting I think you can expect to see them expand into as many states as possible, as fast as possible.
Product SKU: 1
Product Brand: FanDuel Sportsbook
Product Currency: USD
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