FanDuel Sportsbook & IMG Arena Partner Launch Live Golf Betting

08/10/2023
News
Golf News

Highlights

  • FanDuel and IMG ARENA partner for innovative live golf betting on the PGA Tour.
  • FanDuel 25% live betting profit boost for St. Jude Classic along with their excellent new user $1,000 sign-up bonus.
  • Jordan Spieth lauds FanDuel's commitment while the microbetting trend reshapes the sports wagering landscape.

FanDuel is set to revolutionize the PGA Tour betting landscape in an exciting development for sports enthusiasts and PA bettors alike. Starting with the FedEx St. Jude Championship, the leading online sports betting platform is collaborating with IMG ARENA's Golf Event Centre to introduce a plethora of new live legal sports betting opportunities.

This partnership marks a significant stride in enhancing the engagement of fans with the sport through an array of dynamic wagering options. The timing is excellent, with the St. Jude Championship being the first of FedEx Cup's three playoff rounds to end the PGA Tour season.

FanDuel Leads the Way for Betting Industry Innovations

FanDuel, renowned for its innovative approach to sports betting, is primed to introduce a range of novel live golf betting choices. Enthusiasts can look forward to placing bets on intriguing parameters such as the longest drive, closest to the pin, number of birdies, and even stroke-by-stroke predictions.

To celebrate this milestone collaboration, FanDuel is offering a generous 25% profit boost on any wager made on a live market during the August 10 PGA tournament. This move aims to incentivize bettors to explore and embrace these new betting avenues.

FanDuel Promo Offers

FanDuel offers diverse bonuses and promotions for Pennsylvania bettors. Not only can users take advantage of the 25% profit boost, new users qualify for a potential $1,000 promo. 

Sign-up Bonus

New FanDuel Sportsbook customers enjoy a $1,000 No Sweat First Bet offer. After signing up, deposit at least $10 and place a wager on any market. If your initial bet results in a loss, you'll receive up to $1,000 in bonus bets. For instance, if you bet $1,000 and lose, FanDuel refunds your stake ($1,000) as bonus bets within 72 hours. Note that bonus-related winnings exclude the bonus amount, and unused bonus funds expire in 14 days.

The IMG Arena FanDuel Partnership

Christian Genetski, the President of FanDuel Group, underlines the brand's commitment to elevating the golf betting experience for fans during their favorite tournaments. Acknowledging their status as an Official Betting Operator of the PGA TOUR, Genetski expresses their constant pursuit of innovative ways to engage fans through their platform.

Genetski explains that the integration of IMG ARENA's Golf Event Centre into their sportsbook platform empowers them to offer a robust catalog of live markets, thereby redefining fan engagement on every hole.

This endeavor's significance is reinforced by no other than pro golfer, 2X major winner, and 2015 FedEx Cup winner Jordan Spieth, a FanDuel Ambassador. Spieth applauds FanDuel's investment in creating a top-tier golf experience for its customers, showcasing their enduring dedication to the sport. He emphasizes his pride in collaborating with an organization that consistently seeks fresh avenues to bring fans closer to the game.

What IMG Has to Offer Golf

At the heart of this transformative partnership is IMG ARENA, a pivotal player in the Endeavor network. With a focus on sports betting and technology, IMG ARENA delivers live streaming, and data feeds for a staggering 65,000 sporting events annually.

As early as 2018, IMG ARENA earned the distinction of becoming the PGA TOUR's official data distributor. This endorsement highlights the company's credibility and expertise in facilitating seamless sports betting experiences.

The integration of IMG ARENA's Golf Event Centre with FanDuel is not unprecedented. Other notable online sports betting operators, like bet365, have previously ventured into offering IMG ARENA's in-play betting features. This reflects the growing traction of IMG ARENA's products within the online sportsbook landscape.

Golf Microbetting

The prevalence of microbetting across diverse sports emerges as a potent growth avenue for the sports betting industry. This trend involves placing bets on intricate outcomes, such as a golfer's next putt or a pitcher's upcoming delivery, which not only keeps fans engaged but also generates heightened betting activity.

Microbetting's ascendancy is evident across various sports. Recent data from SimpleBet Technology reveals an astounding 350% year-over-year growth in NBA microbetting markets. Andrew Bimson, the COO of North America of Sportradar, reinforces this trend, dubbing microbetting as the fastest-growing segment of in-play betting. Speaking at the 2023 SBC Summit North America, Bimson forecasts that microbetting could contribute a staggering $20 billion worth of bets by 2027.

In essence, the partnership between FanDuel and IMG ARENA heralds an exciting era for golf betting enthusiasts. The introduction of innovative live betting options amplifies fan engagement and adds a new layer of excitement to the PGA Tour experience.

As microbetting continues to shape the landscape of sports wagering, collaborations like these promise to redefine the industry, setting the stage for even more dynamic and immersive interactions between sports, fans, and betting platforms.

A huge sports fan; locally, many know me as the guy who does the PA for our high school football team on Friday nights. Having grown up in Michigan, I am a sports fan of all the Detroit teams, and at the college level, I love Michigan State sports. I have covered sports betting, iGaming and casino industry news for many well known websites.