FanDuel Launches New Responsible Gaming Tool for Deposits

FanDuel Sportsbook is taking another swing at problem gambling.

The sports betting giant has announced a new feature that will help promote responsible gaming habits. It will allow FanDuel to do real-time check-ins when customers submit deposits that don’t match their normal betting habits. This will enable customers to review the deposit one last time and could help prevent them from overspending. 

“We know deposits are a key moment in the customer journey and Real-Time Check-In provides us an opportunity to surface deposit data in real-time to help customers make informed decisions about their budgets for our platforms before they’ve made their deposit,” VP Cory Fox said of the new tool.

This new feature will not prevent players from making bets or deposits, but instead serve as an essential checkpoint. The tool is expected to make the biggest impact on bettors who are chasing losses. Those players make more deposits to win back what they lost, but often suffer even worse financial damage. 

FanDuel Continues to Push “My Spend” Tool

FanDuel’s new check-in feature complements its “My Spend” tool, which helps bettors manage their budgets while betting on sports. Bettors who receive a real-time check-in can visit the “My Spend” page to review their spending and set a daily cap on what they should be wagering.

Both features aim to help push bettors to set a money management plan. This involves making strategic deposits and setting wagering limits per day, week, month, or year. While there is no way to force bettors to follow their money management plan, it could be enough to lead customers struggling with problem betting to stop and seek help instead of spending more money.

Several sportsbooks have been following FanDuel’s lead with its responsible gaming tools.