FanDuel is getting into the daily fantasy sports peer-to-peer pick’em market.
The daily fantasy sports and sports betting giant recently launched a new app, FanDuel Picks, offering peer-to-peer pick’em games to customers across five states.
Dustin Gouker’s “The Closing Line” substack was the first to break the news.
Small Release So Far
FanDuel Picks is currently only available in five states, but will likely be expanded farther across the country after the initial rollout. The new FanDuel pick’em option is only available in Alabama, Arkansas, Minnesota, Oregon, and Wisconsin.
The FanDuel Picks website has an option for customers to sign up to receive information on when the new game will launch in their state.
The new DFS game allows customers to compete against other customers by picking between three and six players and predicting “more” or “less” on a set total of their projected stat lines. Customers earn points for every correct prediction and the highest point total wins the contest entry amount.
Perfect lineups receive bigger winnings, according to the official rules.
It’s an interesting shift for FanDuel, as the company is one of the final to debut a peer-to-peer fantasy pick’em product for its customers. DraftKings Fantasy, PrizePicks, Betr, and Underdog Fantasy all have peer-to-peer offerings after a number of states cracked down on popular player vs. the house fantasy games that gaming regulators believed mirrored sports betting too closely.
Shift to Peer-to-Peer
Daily fantasy sports operators have generally shifted to offering peer-to-peer products over the last several years after states began to crack down on player vs. the house options.
State gaming regulators began to focus on player vs. the house pick’em games back in 2023, ordering operators to cease the games or even outright fining them for their offerings. The Maine Gambling Control Unit issued a $391,850 fine to Underdog Fantasy in 2023 for offering the games in their state.
New York approved an alteration of its DFS rules in 2023 to prohibit traditional pick’em games. The New York State Gaming Commission finalized DFS rules that include a ban on Pick Em’ style games. The new DFS rules declared that “contests shall not be based on proposition betting and shall not have the effect of mimicking proposition betting.”
Colorado, Arizona, and Michigan all took steps to alter or outright ban pick’em games as well.
FanDuel Entering Peer-to-Peer Daily Fantasy Sports Market Saturday Down South.
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