FOX Bet Sportsbook Review

Pros

• The odds on futures are typically in the player’s advantage.
• Reduced the amount of juice given to local teams.
• A diverse selection of casino games made possible by their partnership with PokerStars.
• A free version of FOX Bet Super 6 is available to play.

Cons

• Not a formidable competitor when it comes to prop bets.
• The welcome bonus is barely fifty percent of what the competition provides.
• Current promotions fall short of the expectations set by the industry.
• The tedious procedure of verifying your identification might hold your money for weeks.
• The annoying overuse of television celebrities in every place you go.

Bonuses

Free bet of up to $500 are available

Within the first week after opting in, place your first real money bet, and if it is a losing bet, FOX Bet will reimburse the amount as a free bet, up to a maximum of $500. (minimum odds of -200 apply). The risk-free bet will become invalid seven days after it was initially issued.

FOX Bet Welcome Bonus

The welcome bonus that is provided by FOX Bet will not blow your mind if this is your first time using the site. FOX Bet has made the decision to provide new customers just $500 worth of protection in the form of a risk-free bet, despite the fact that industry heavyweights like as DraftKings and FanDuel have established a benchmark of $1,000 for the industry. This is around half of what you may anticipate finding at some of the other best sportsbooks out there.

Your first qualifying bet that you place will be returned in the form of free bets of up to $500 if it is determined that the bet was a loser as part of the risk-free bet promotion. Before you are allowed to cash out any of that bonus money, you must first play through it once. Congratulations are in order if your initial bet was successful. Signing up will not earn you anything in any way. But on the bright side, you won your bet!

FOX not only gives you a lower than average monetary value for your initial bet, but they also make you fight for it. Under the promotions page, you have a week from the time you register to make a decision about whether or not to participate in the promotions. After that, you will see a list of the competitions on which you are permitted to bet bets in accordance with the terms and conditions of the promotion. Your first wager must be placed on odds that are -200 or lower; therefore, a bet placed at -150 will qualify, however a bet placed at -300 on the moneyline would not.

Promotions & Bonuses Offered by FOX Bet

FOX Bet is able to generate the majority of their continuous promotions and odds enhancements by leveraging the sports coverage that is provided by TV celebrities. Some instances of this are Cris Carter’s Bet Bump Call, in which Carter will announce a wager for Monday Night Football that will receive a basic odds boost. Carter will do this every week. There are daily specials much like this one, the most of them revolve on odds enhancements for free bet credit giveaways in the event that the highlighted bet is unsuccessful.

As is the case with all sportsbooks, free bets come with wagering conditions, and wagers that offer odds boosts have maximum bet limits that are quite modest. They provide very little potential for profit, and in addition, FOX Bet, like the majority of online sportsbooks, will exclude better bettors from even taking part in continuing promotions of this kind. They are just used as a ploy to get recreational bettors to drop money in their account to lose, which is expected due to the traffic their high-risk casino games receive thanks to their partnership with PokerStars. They are used as a ploy to get recreational bettors to drop money in their account to lose.

Program for Rewarding Stars

FOX Bet does not provide its customers with a stand-alone rewards program; nevertheless, in order to give the impression that they do, the company has partnered with PokerStars in order to provide customers with “some form of loyalty advantages.”

After a bet is resolved, a player will receive reward points. When placing singles bets, players receive 1.1 reward points for every dollar they stake. Players who stake money on numerous or accumulator bets receive 3.1 reward points for every dollar they wager. If you collect enough points to play up your progress bars, you will be able to open chests that contain unique goodies that are determined by the games that you enjoy playing the most.

To get access to the first chest in their rewards program, which has a mind-boggling value of fifty cents United States currency, you need to accumulate 333 rewards points first. Therefore, place around $300 worth of bets to win fifty cents. Sweet bargain. You must accumulate 100,000 points in order to unlock the Black Chest, which is their most valuable gift and is worth $250.

Bettors are going to have a difficult time navigating this program as a result of the additional terms and conditions that have been added. There is no accrual of reward points for bets that are paid out when the value of the cash-out is the same as the initial bet amount. In general, you will not receive any reward points if you bet $10 and then cash out for the same amount. You will get reward points, though, if you bet $10 and cash out for a total that is greater than or equal to $10. This is completely arbitrary and causes unnecessary confusion. There may be play-through restrictions attached to some of the awards that can be obtained.

Summary

History of the FOX Bet Company

Despite being quite similar to Fox Media Company, FOX Bet has a tenuous link to the Fox Corporation through a third party. After completing its acquisition of the Canadian gambling provider The Stars Group in 2019, the Irish company Flutter Entertainment now runs FOX Bet. As part of the transaction, Fox Corporation acquired a minority investment in Flutter Entertainment. Prior to this, the company had had a minority position in The Stars Group. In a nutshell, FOX Bet is run by Flutter and is co-branded with the Fox Sports section of Fox Corporation. This partnership with Fox Corporation is a poisonous one.

Due in large part to the fact that Flutter owns the largest share in FanDuel, this structure has resulted in a working relationship that is less than ideal amongst all of the companies involved. Fox Corporation filed a lawsuit against Flutter in April 2021 regarding the latter’s option to acquire a stake in FanDuel Group. The lawsuit stated that Flutter demanded that Fox’s purchase price be based on fair market value rather than based on Fox’s valuation of FanDuel as of December 2020. The lawsuit was filed in the midst of Flutter’s discussions regarding an initial public offering.

Arbitration between Fox Corporation and Flutter is now taking place on some aspects of Fox Corporation’s options, including as the company’s option to own 50 percent of FOX Bet and 18.6 percent of FanDuel. Fox anticipates that the arbitration process will be finished by the end of June in 2022. Due to the fact that this sportsbook is now caught up in the middle of the legal procedure, it is reasonable to conclude that we will not see any significant changes from it for some time. There has even been discussion on both sides of completely eliminating FOX Bet from the market.

This uncomfortable situation is reflected in the product offered by FOX Bet. You would think that it would be of higher product given that it is owned and operated by the same parent company as FanDuel. Instead, it seems like FOX Bet is banking on its brand recognition and doing a lot of heavy promotion through the various Fox Sports shows.

There is an overpowering sensation of gimmicks, and the usage of T.V. personalities gives it the feeling that it is oriented for recreational gamblers rather than regulars. This is because the odds seem to be skewed in favor of the recreational bettors. This is seen from the fact that they have a less aggressive presence in all active betting markets and provide promotions and offers of a lower quality.

The only thing that may make them more tempting is if you could frequently take advantage of mispriced odds. However, because their odds are outsourced by Kambi, the same business that funded FanDuel, there is typically not much of an opportunity to gain a large edge.

The relationship that FOX Bet has with Poker Stars appears to be a major contributor to the traffic of their customer base. The BetMGM and Caesars promotions, on the other hand, both provide a decent selection of casino games, and their sportsbooks are of a higher quality and come with more attractive bonus offers.

FOX Bet Super 6 is undoubtedly the most impressive product that FOX Bet has released to this point, since it is the industry-leading free-to-play game. With over 50,000 winners around the country and a user base that exceeds 5 million, the FOX Bet Super 6 app has distributed up to $5 million in prizes since its inception in September 2019. The program has also received approximately 100 million contest submissions since its debut. Since July 2020, FOX Bet Super 6 has amassed by far the most number of downloads in the free-to-play category of sports prediction applications (which also includes fantasy).

Open to Membership States

Only residents of Colorado, New Jersey, Michigan, and Pennsylvania can place bets with FOX Bet. According to CEO Lachlan K. Murdoch in the earnings call for the first quarter of 2022 for Fox Corporation, sports betting is only legal in six of the 18 FOX markets. The company does not appear interested in expanding into areas where they do not already have a media market access, and some states simply do not want them.

FOX Bet was one of the several sportsbook operators who submitted an application for a license to offer online casino and betting services in the state of New York; however, the New York State Gaming Commission did not approve of their application alone (NYSGC). Other sportsbooks, like Barstool Sportsbook (through Penn National), and theScore Bet, were not permitted entry into The Empire State.

Interestingly enough, FanDuel was a key applicant in New York. They let rivals Bally Bet, BetMGM, and DraftKings Sportsbook to tag along on their authorized offer, but they did not allow FOX Bet to participate.

The FOX Bet Has You Covered In Sports

FOX Bet provides a standard selection of sports for wagering due to the fact that they are powered by Flutter and Kambi. These sports include Aussie Rules, Baseball (MLB, NCAA), Basketball (NBA, NCAAB, Intl), Boxing, Cricket, Cycling, Darts, Football (NFL, NCAAF, CFL, XFL), Golf, Hockey (NHL, Intl), MMA (UFC), Motor Sports (NASCAR, F1), Rugby League, Rugby Union,

Experience Betting on Sports Online and on Mobile Devices

The desktop version of FOX Bet has a lot of menus collapsing all over the place, which makes it tough to navigate. As was stated, there is an abundance of television personality advertisements that cause the screen to become cluttered. When compared to other businesses in the same industry, it feels generally gimmicky. Their platform is completely oriented for beginner gamblers who hear about a bet on television and decide they want to give it a try after hearing about it.

Regarding the mobile application, there are many pop-ups, as well as occasional bugs and freezing. Because different states require different applications, and because bankrolls are kept separate for each state, this may be a cumbersome process if you bet while you’re on the move. The fact that they have such a small share of the market makes it highly unlikely that this is a problem, but according to the norms of the sector, it is still strange.

The FOX Bet platforms, in general, are unsightly due to the predominance of their trademark bright yellow hue, they are cumbersome, and they require an update. Bettors who engage in regular wagering will notice a lack of TLC across the product. Bettors who are new to the betting or just sometimes participate might not be as concerned.

Betting and Streaming in Real Time

FOX Bet provides its customers with a live betting platform that is just adequate, and oddly, it does not offer live streaming. You would expect them to make sure that they thrive in this area given that they are branded by one of the biggest sports media companies in the country. This is something that you would expect them to do. That is categorically not the situation.

The live betting and streaming services may receive an improvement if Fox Corporation ever decides to use their own proprietary technology and assumes full control of the sportsbook. However, at this time, the live betting options here are, at best, quite decent.

Alternative Methods of Gambling

The aspect of the FOX Bet sportsbook that stands out the most is not the sportsbook itself, which should tell you all you need to know about the platform they use for their sports betting. FOX Bet is distinguished by its one-of-a-kind partnership with the Flutter-owned poker site PokerStars. PokerStars and Paddy Power Betfair have formed a partnership to establish the largest gaming and betting company in the world.

PokerStars is a well-known and highly respected online poker company that has received endorsements from notable athletes and celebrities such as Usain Bolt, Kevin Hart, and Ronaldo, among others. FOX Bet is definitely acceptable as a reward for PokerStars members as long as the customer’s primary focus is gambling and they are seeking for a little bit of extra activity at a sportsbook. However, when taken on its own, FOX Bet’s performance as a sportsbook is below average.

Banking

Currency that is Accepted

• USD

Various Ways to Make a Deposit

• Visa
• MasterCard
• PayPal
• Bank Transfer
• Discover
• eCheck
• Play+
• ATM
• Skrill

Methods of Withdrawal

• Play+
• PayPal
• Bank Transfer
• ATM
• eCheck