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Fanduel Racing Review

Author: American Gambler Staff | Last Updated: May 19, 2023 | Fact Checked By: Ben Lockhart

Table of Contents

FanDuel is one of the biggest names in the US online gaming industry, expanding from daily fantasy sports to being the number-one online sportsbook in the country. Customers can look to FanDuel for the best horse racing action since the company acquired TVG and rebranded it as FanDuel TV. The FanDuel Racing app went live in September 2022 and offers wagering at more than 200 horse tracks. 

Besides year-round horse racing action, bettors at FanDuel Racing can wager on all the major events at top race tracks like Belmont Park and Saratoga.

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Fanduel Racing Review

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FanDuel Racing doesn't have many promotions to offer players. Its sister site, TVG Racing, always provides a welcome bonus and other ongoing promotions. Many gaming sites and online sportsbooks offer a loyalty program where players can earn rewards based on the amount they play. However, the FanDuel horse racing platform doesn't provide a loyalty rewards program.

Horse Race Betting at FanDuel

FanDuel Racing includes wagering lines on races outside the US, including Asia, South Africa, the U.K., and more. Besides just picking a winner, there are also various bet types, such as place, show, trifecta, and the Daily Double. Users can also find results of all races, with horse racing odds and payouts, and watch a replay of any race from beginning to end. 

Benefits

One of the top benefits you'll find in any FanDuel review is the company's solid reputation, which has the biggest market share of online sports betting in the country. Another positive is FanDuel's ability to promote horse racing because of its broad nationwide reach. The provider's desktop site and mobile app offer players an easy-to-use platform with various deposit methods and fast payouts. 

FanDuel Horse Racing Bet Types

Besides the many horse racing tracks available for bettors to choose from, FanDuel Racing offers a wide variety of bet types. Players must choose the race they want to bet to see all the horses entered and their current odds. After selecting the horse (or horses) they like, players can then place their wagers. 

The odds posted at FanDuel Racing are the exact same odds offered at the track. All money wagered on a specific horse is placed in a pari-mutuel pool, with payouts calculated after all bets have been made. Payouts and final odds will be shown once the race concludes. 

Different Types of Horse Racing Bets at FanDuel

  • -Win
  • -Place
  • -Show
  • -Quinella
  • -Exacta
  • -Trifecta
  • -Superfecta
  • -Daily Double
  • -Pick 3/4/5/6

Understanding FanDuel Horse Racing Odds

The first step in becoming successful at horse racing betting is understanding how the odds work, which isn't as difficult as some may think. The odds are displayed to show the bettor how much they can win relative to the amount they must risk on any bet. For example, odds of 10/1 indicate that a winning wager will pay $10 for every $1 the player bets. 

Horse racing odds aren't based on how likely the horse is to win the race but on where the betting public is placing their money. Horses without many backers will pay more because the betting pool will be split among fewer players if that horse wins. Success at horse racing betting requires learning to differentiate between reality and public opinion.

How FanDuel Odds Work

To calculate the potential profits of any horse racing wager, bettors must multiply the bet amount by the fraction shown in the odds. That number will show how much profit can be made if the wager is successful. For example, a $5 bet at 10/1 odds would earn the bettor a $50 profit ($5 x 10) plus the original stake for a payout of $55.

Some countries offer odds in decimal format, which shows precisely how much the bettor wins based on the wager amount. Players accustomed to using fractional odds should remember that fractional odds don't translate like decimal odds. Instead of even money odds of 1/1, the odds for even money in decimal odds is 2.0, meaning a $10 wager would return $20. 

FanDuel Horse Racing Tracks

FanDuel Racing includes betting lines for races at most US tracks and many races outside the country in Europe, Asia, Africa and Japan. However, most bettors will focus on races throughout North America, which they can always find at FanDuel Racing. 

FanDuel currently offers betting on most race tracks in Australia, Great Britain, France and others in Canada, New Zealand and South Korea. Live streaming is available for all races, no matter where they originate. 

Horse Racing Tracks Available for Betting

  • -Aqueduct
  • -Belmont Park
  • -Charles Town
  • -Dover Downs
  • -Evangeline Downs
  • -Gulfstream Park
  • -Harrah's Philadelphia
  • -Hawthorne
  • -Hoosier Park
  • -Keeneland
  • -Laurel Park
  • -Miami Valley
  • -Monmouth Park
  • -Monticello Raceway
  • -Parx Casino and Racing
  • -Penn National
  • -Plainridge
  • -Pocono Downs
  • -Remington Park
  • -Rosecroft Raceway
  • -Santa Anita Park
  • -The Meadows
  • -Yonkers Raceway 

FanDuel doesn't offer betting on races at Churchill Downs properties because of contractual restrictions. Besides these domestic horse racing tracks, betting is currently available at seven Australian venues, four in the U.K. and at race tracks in Sweden, New Zealand, Canada, South Korea and Ireland.

Important Races

FanDuel Racing offers bettors odds on the biggest horse racing events worldwide. Here are some of the important races available at FanDuel Racing:

  • -The Epsom Derby
  • -Prix de l’Arc de Triomphe
  • -Melbourne Cup
  • -Dubai World Cup
  • -Kentucky Derby
  • -Breeder's Cup
  • -The Everest
  • -Aintree Grand National
  • -Preakness Stakes
  • -Belmont Stakes

FanDuel Horse Racing Promotions and Bonuses

FanDuel Racing doesn't have many ongoing customer promotions, including a welcome bonus for new players, which doesn't bode well for the provider in any FanDuel review. There is also no rewards program for customers to gain points and earn extra perks. However, at TVG Racing, new customers can get their first losing wager on any single horse win bet returned up to $200 if it's unsuccessful. 

Current Promotions

While the provider features various rotating customer promotions, FanDuel Racing currently offers one promotion on its site. The FanDuel Race of the Day promotion features top races players can wager that pays them Win Bet Insurance if their bet loses. 

Players must opt-in from the promotions page and place a bet of up to $5 on a single horse, where they will receive that money back in bonus bets if the horse finishes second or third. 

Benefits of Promotions

Most customer promotions offered at FanDuel Racing are designed to give players extra funds to bet while enjoying their favorite events. Bet insurance promotions are among the most popular online gaming sites because bettors can recover some of their losses. It's also an excellent way for providers to attract customers to their platforms. 

FanDuel Horse Racing Mobile App

FanDuel Racing offers players a mobile betting app for Android and iOS devices. Players can download it from the Fanduel Racing site for Android users or the Google Play Store. Users reading any FanDuel review will find that it's one of the best platforms for horse racing betting among all providers in the US market. 

FanDuel Mobile App Features

The FanDuel Racing mobile app functions in the same way as the web version, with a similar layout and easy navigation. Bettors can also watch live race streaming from the mobile betting app. The main page features several tutorials so players can learn to navigate the app and the basics of horse racing betting. 

The bottom of the main page features a toolbar with tabs for the available tracks, bets placed, and more. Players will find menus listing popular races, races starting soon, and the top racetracks. Users can also go to the live streaming menu to watch live races and replay any races they may have missed just by clicking on that event. 

How to Download the App for Betting

To download the FanDuel Racing mobile app for Android, players must first go to the FanDuel Racing website and click the “Download Now” button. Then from the overview screen, select “fanduelracing.apk” under notifications. 

Once the “Install Blocked” prompt is shown, click on “Settings” and then select the “Unknown Sources” box. Users can then go to “Downloads” and click “Install” to finish the process. 

To download the app for iOS devices, players must go to the App Store and search for the FandDuel Racing app. Once the app is located, players must click on the “Download” button to start the installation. Once it's finished, players only need to open the app and sign up to begin betting. 

Tips and Strategies for Betting on FanDuel Horse Racing

While it's exciting to bet on horse racing, bettors always want to give themselves the best chance of winning, which is why a strategy is an essential tool when betting on any event. First, players should never bet more than they can afford to lose. It's also vital to ensure each bet makes up a small percentage of the player's total bankroll, which shouldn't be higher than 5%. 

Bettors should also research to check weather conditions, the previous form of the horse, and details on the trainer and jockey. If the horse has a proven positive history in similar weather conditions and is trained by a winning team, placing a wager on that horse should be an excellent option. Players should always stick to their budget and understand the betting strategy that suits them best. 

Best Strategies

When learning how to bet on horse racing, the safest and best approach is to choose straight bets. These include betting on whether the horse picked will win, place, or show. The “show” bet is the easiest wager to win, which pays if the horse finishes first, second, or third. While the payoff is much less than “win” or “place” wagers, the chances of winning when betting on a horse with low odds to show are much higher. 

Mistakes to Avoid

The biggest mistake any bettor at FanDuel Racing is betting on a hunch, which is a common error with most types of sports betting. Betting on favorites is only the correct choice in one-third of all horse races, meaning players should only bet on them when they have proven through research that the favorite is more likely to win. Also, betting too early is never a good idea, as wagering as close to post time as possible can pay much different odds than betting 30 minutes before the event. 

Important Horse Racing Events on FanDuel

FanDuel Racing offers bettors odds on some of the world's biggest horse racing events. Whether the event is run with colts, fillies or mares on dirt or turf, bettors can wager on any big racing event worldwide. 

Overview

In the US, the Triple Crown of Thoroughbred Racing is the biggest series and includes the Preakness Stakes, the Belmont Stakes and the Kentucky Derby. The Epsom Derby in the U.K. is considered the world's most famous flat race, while the Dubai World Cup has the biggest purse up for grabs in horse racing.

American Gambler Staff