QUESTION
Is it possible to bet on both sides of a game using FanDuel?
ANSWER
Betting on both sides of the same game is technically possible with FanDuel; this is known as arbitrage betting or "middles." However, it is important to note that this strategy is generally not cost-effective due to the nature of sportsbook odds. The odds are designed to ensure that bookmakers hold an edge over bettors—this includes adjusting for arbitrage opportunities. Thus, if one places bets on both sides, they often lose out on the vigorish (the fee or commission the bookmaker charges). Moreover, repeat or consistent arbitrage play may be noticed by the sportsbook, potentially leading to limitation or banning of the account. Due diligence and a deep understanding of the odds and potential outcomes are necessary to try and leverage any such opportunities effectively.
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