So much for the sweat.
FanDuel’s sportsbook paid out Women’s World Cup futures bets made on the U.S. Women’s soccer team before its quarterfinal game with France even began.
FD paid out $400,000 in bets for its customers
Thursday FanDuel announced that all online customers in New Jersey who made futures bet on the U.S. women’s team to win the World Cup were getting paid out early. The site doled out a total of $400,000 before the game kicked off. The U.S. eventually won 2-1.
“We are paying out our customers early so they can just enjoy the game and not worry about advancing,” said Director of Risk and Trading for FanDuel Group John Sheeran. “All across America fans are supporting Team USA and showing their excitement at home, at work, and on social media. So we wanted to share our Team USA excitement and pride with our customers.”
News release cites good vibes from NJ sports betting triumph
FanDuel also cited the exciting news that New Jersey beat Nevada in total sports betting handle during the month of May.
According to Legal Sports Report, New Jersey took in $318.9 million in sports betting handle in May, while Nevada had a total of $317.3 million. It was a big victory for the state that became the trendsetter in the sports betting movement pushing across the country.
New Jersey will likely beat Nevada again in the near future. And with Pennsylvania’s population and sports betting growth, the Keystone State could be tops someday as well.
FanDuel’s move should generate more WWC action
The generosity and publicity surrounding FanDuel’s Sportsbook will likely lead to some increased action on the Women’s World Cup.
The United States will now take on England at 3 p.m. Tuesday in the World Cup semifinals in France.
FanDuel’s Sportsbook currently has the U.S. as -115 and England as +320. There are a number of other betting options available beyond the moneylines as well.
The sports betting lines at the newly-launched Rivers online site and Parx online site are very similar.
The other Women’s World Cup semifinal will feature Sweden (+210) vs. the Netherlands (+130) at 3 p.m. on Wednesday.
Heading into last Thursday’s game, Team USA was responsible for 85% of the bets and 90% of the handle in World Cup futures bets at the FanDuel Sportsbook.
The U.S. is now listed as -130 to win the World Cup. Futures bets made after last week’s announcement do not qualify for an early payout from FanDuel.
FanDuel has been donating for every U.S. goal
In addition its early payout, the FanDuel Group has also celebrated Team USA by donating $10,000 to the Women’s Sports Foundation (WSF) and an additional $1,000 for every goal Team USA scores in the World Cup.
The WSF is a powerful voice, catalyst, and convener dedicated to ensuring all girls and women have equal access to sports and physical activity, and the tremendous life-long benefits they provide.