One of the most well-known broadcasting companies in sports, Fox, in part, are the owners of FOX Bet Sportsbook. In May 2019, Fox announced a partnership with The Stars Group to launch their sports betting book. With its large audience and many people wanting to break into the world of how to bet sports online, it could gain traction.
This is an expansive look at FOX Bet Sportsbook, reviewing what they are doing well and poorly.
FOX Bet Sportsbook Overview
Signup Deal: Get a $500 risk-free bet!
States Available: Colorado, New Jersey, Michigan and Pennsylvania.
Deposits/Withdrawals: Debit/Credit Card, PayPal, ACH (Online Banking), PayNearMe, Skrill, PokerStars Pay+ Card, cash at the cage.
FOX Bet Pros: Sports offered, bet options, user interface, welcome bonus
FOX Bet Cons: Online availability
Pros of FOX Bet Sportsbook
FOX Bet Sportsbook provides options for all major sports. From NFL to cycling and UFC to darts, the book has many sports options available.
You are able to place the simple bets, like moneyline, point total and picks against the spread. FOX Bet also has props and a live or in-game betting options.
FOXBet Sportsbook is incredibly user-friendly. The site is clean, with big, clear tabs to help you navigate. They do a great job at making sure the page does not feel too crowded, which can be a struggle for other books. It is tough to get lost or confused on FOX Bet. They even provide league logos on the menu to assist with easy navigation.
The welcome bonus has often been criticized for most online books, but not at FOX Bet. First, new FOX Bet users are given a risk-free first bet up to $500. This means that you could place a $500 bet and you would receive your money back in a loss, as long as the bet was placed on odds greater than -200.
FOX Bet Online Deposit Methods
A minimum of $10 for a deposit is required. Payment methods include:
- Credit or Debit Card
- eCheck: Customers can select eCheck by VIP Preferred to send money instantly from their bank account to their account.
- Online banking: Online banking allows customers to choose an amount to deposit and then authorize the transaction by logging in to their bank account using their existing online banking credentials.
- PayPal: E-wallet service.
- Play+ Prepaid Card: Customers can sign up for a virtual Play+ card and fund it immediately with a credit card, debit card or eCheck. Additionally, customers receive a physical prepaid card in the mail they can use to withdraw cash at ATMs or make purchases anywhere Discover is accepted.
- Skrill: E-Wallet that is very similar to PayPal.
- PayNearMe: Allows individuals to make cash deposits at their local 7-Eleven, Family Dollar or CVS
What Sports are Available for Betting?
- Australian rules football
- Auto racing
- Rugby league
- Rugby union
- Table tennis
- Water polo
In What States is FOX Bet Legal?
- New Jersey
Types of Bets Available
FOX Bet offers any number of different types of bets to choose from, but for their most popular selections, you can choose from straight bets (a single pick), parlays, which feature two or more picks or round robins, which allow you to place three or more bets and pair them together in separate parlays. For more on the types of bets available see below:
A futures bets are placed on action that’s happening at some point in the not too distant future, that’s usually tied to an end point of a season or event, such as Super Bowl winner or NL Cy Young award winner, or player to go first overall in the NBA draft.
Moneyline bets are the most basic wager in all of sports betting. Simply put you’re betting on Team A or Team B to win the game. If you’re betting on a favorite, they will have a minus sign in front of the odds, giving you less money back for your wager than an underdog, which will have a plus sign attached to the number.
FOX Bet currently accepts live-in-game action for certain events, so you can bet on props or teams while the game is happening.
Parlays are combined of two or more single wagers into a single ticket, which then multiples the odds to a higher amount than two single bets on separate tickets. In order to win a parlay bet, a bettor must get all the bets correct on that ticket.
A point spread bet is a wager on the difference of points between two teams in a single sporting event. The point spread number is provided by BetMGM, and then a bettor chooses what side they want to ‘cover’ that differential. If the New England Patriots are favored by 7.5 points over the New York Jets, but only win by seven points, the Jets would have covered that spread, and bettors who placed their wagers on the Jets +7.5 would have won.
Straight bets are types of betting wagers on a single game or event that carries a point-spread, game total, money line, run line or puck line.
A prop bet (short for proposition bet) is a wager that is independent of the final score of a game or outcome. These wagers encompass bets that aren’t point spreads, totals or moneylines. Some examples:
- Kansas City Chiefs over 11.5 wins in an NFL season
- Luka Doncic under 8.5 assists in an NBA game
As soon as you have entered at least three or more picks on the bet slip, you can place a Round Robin bet. The number of possible Round Robin bets depends on the number of possible outcomes, which is tied to how many selections you have made. The bets possible with your picks will be displayed automatically.
A teaser is like a parlay bet but for point spreads. You can combine two or more games together (usually a maximum of four games) and get points shaved off the spread.
Totals or over/unders
The main types of totals bets feature action on the score of a game or the score of a team in a game. A bettor places action on whether they think the total amount of points scored will be higher or lower than the amount listed by FOX Bet
FOX Bet seems to be one of the best hidden secrets in the sports betting world, with many bettors often using other books. This is mostly because of its lack of availability, or at least that should be the only reason. If you are within a state where FOX Bet is legal, and know how to sports bet online, I recommend you check it out.
Need more sports betting information? Check out the Awesemo betting home page.
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