Pros
Fast, responsive app Every bet earns FanCash No-cost injury protection on qualifying player props Live streaming on select eventsCons
No desktop site (betting is app-only) FanCash is “up to 1%” on short-odds wagers FanCash from some bonuses expires in 24 hoursWhich States Is Fanatics Sportsbook Available In?
Fanatics Sportsbook is licensed and available in the following states:
In most other states, fans can trade yes/no prediction contracts on sports outcomes for real money through the separate Fanatics Markets app. See our full review here:
Fanatics Sportsbook Promo Code
| Title | Details |
|---|---|
Fanatics Sportsbook Promo Code | Not Required |
| Sportsbook Bonus | All states except New York: Bet $20, Get $350 in FanCash |
| Eligible States | AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, and WY |
| FanCash Expiry | All states except New York: Each $50 FanCash bonus expires 24 hours after receipt New York: Unused FanCash expires 7 days after receipt |
You don’t need a Fanatics Sportsbook promo code to claim the current offer. All bettors receive the bonus automatically after signing up and verifying their identities.
Fanatics Sportsbook Bonus Details
New Fanatics Sportsbook customers can claim a sizable welcome bonus: bet $20, get $350 in FanCash.
Once you sign up and place a $20 wager, you’ll receive $50 in FanCash every day for seven straight days. That’s $350 in total FanCash after placing a first bet of at least $20.
Here’s how to claim the offer:
- Sign up and opt in to claim your Fanatics Sportsbook bonus
- Place your $20 first wager within seven days of signing up for an account
- Bets must be $20 and have odds of -500 or longer (e.g., -500, -120, +110, +600, etc.)
- You’ll receive $50 in FanCash credits each day for seven straight days
- Each $50 FanCash credit is valid for 24 hours after receipt
If you’re not a high roller, the Fanatics Sportsbook bonus is better than the standard no-sweat bets at other online sportsbooks because it offers greater flexibility.
You’re not locked into a single all-or-nothing refund opportunity, and you get multiple credits spread over your first week, meaning you don’t have to place the full bonus amount on a single wager. The downside is limited bet selection because you only have 24 hours to use each $50 FanCash credit.
Note: If you’re in New York, you cannot claim the standard welcome offer. Instead, you can claim up to $1,000 in FanCash. Here’s how the New York Fanatics bonus works:
- For each of your first ten consecutive days after signing up, Fanatics Sportsbook will match your first cash bet of $1 or more with an equal amount in FanCash (up to $100 in FanCash).
- For example: If you place a $50 wager immediately after signing up, you’ll receive $50 in FanCash.
- The catch is that the clock starts on the day you create an account. If you skip a day, you won’t get another chance to make it up.
Fanatics Sportsbook Loyalty Program: FanCash
FanCash is the rewards currency of Fanatics ONE, Fanatics’ company-wide loyalty program. All new sportsbook customers become Fanatics ONE members upon registration and earn FanCash for every wager they place, win or lose.
Fanatics Sportsbook does not disclose exact FanCash earn rates, but it does provide ranges based on the odds of your wagers:
- +410 or shorter: up to 1% of the amount of your bet
- +411 to +2200: 1-3%
- +2201 to +6100: 3-6%
- +6101 to +14500: 6-9%
- +14501 or longer: 9-10%
For example, a $100 bet at odds of -110 would earn “up to” $1 in FanCash, while a $100 parlay at odds of +3500 would earn between $3 and $6 in FanCash.
Bettors can redeem FanCash for:
- Bonus bets at a 1:1 rate
- Casino credit at a 0.5:1 rate
- Profit boost tokens (cost varies)
- Merchandise at Fanatics.com
The minimum redemption threshold for Fanatics Sportsbook bonus bets is just $0.10. This is extremely refreshing considering most online sportsbooks only allow loyalty earnings to be redeemed in $1 or $5 increments.
Once issued, Fanatics bonus bets are divisible (meaning you can use them however you want, not just in chunks) and expire after seven days if unused.
Although the Fanatics Sportsbook loyalty program may seem simplistic, the rewards are actually quite substantial relative to a bettor’s expected loss.
To clarify, bettors who place straight bets usually give up about 4-5% to the house. Assuming bonus bets are worth about half their cash value (more if utilized correctly), bettors will receive about 10 – 15% of their theoretical losses back. Similar lossback rates apply to parlay and SGP bettors.
However, there’s a major caveat: Fanatics Sportsbook reserves the right to make “select accounts” subject to slower FanCash earn rates at its sole discretion, and it doesn’t say how it determines that.
Fanatics Sportsbook Deposit Options
Fanatics Sportsbook accepts minimum deposits of $5.00 for most payment methods, excluding wire transfers ($5,000 minimum) and cash @ retail ($10 minimum).
How To Withdraw From Fanatics Sportsbook
As for Fanatics Sportsbook withdrawals, bettors can initiate payouts via the following methods:
- ACH/Instant Bank Transfer
- Check by mail
- Debit Card
- PayPal
- Venmo
- Wire Transfer
Fanatics Sportsbook indicates that withdrawals take about 2-3 days to process, except for paper checks, which take 7-10 days. However, there are multiple reports of customers receiving their payouts instantly.
Also, the minimum withdrawal amount for ACH, debit card, Venmo, and PayPal requests is just $1. That’s unheard of in the online sports betting industry and a compelling reason for micro bettors to give Fanatics a whirl.
Fanatics Sportsbook Betting Markets
Fanatics Sportsbook covers the major US, collegiate, and international sports leagues to a degree that’s comparable to the other industry leaders. However, its coverage of smaller international leagues and niche sports is still very sparse.
In other words, Fanatics is fine if you primarily bet on the NFL and NBA, but you’ll want to look elsewhere if you want to bet on badminton and table tennis.
Available sports include:
- Baseball
- Basketball (NBA, WNBA, NCAAB, and international leagues)
- Boxing
- Football (NFL, NCAAF, and CFL)
- Hockey
- Soccer (MLS and international leagues)
- Tennis
- Golf
- MMA
- Motor Sports (NASCAR and F1)
- Table Tennis
- Volleyball
Popular international sports like rugby and cricket are hard to find, and the soccer betting menu stick primarily to MLS and the biggest overseas leagues. Fanatics Sportsbook also doesn’t offer many markets for cycling, darts, handball, and snooker.
On the other hand, Fanatics boasts active tennis markets and offers a decent variety of bets for popular US pro and college sports.
Fanatics Sportsbook offers the following bet types, in greater or lesser volume depending on the market:
- Moneylines: Two-way and three-way moneylines (where applicable) are offered
- Spreads: These markets include a healthy array of alternative spreads for major professional and collegiate sports
- Totals: Fanatics tends to offer as many alternative totals as alternative spreads
- Props: Game, props, and team props are available for major sports; less so for smaller markets
- Derivatives: Bettors can place wagers on the first five innings of anMLB game, or the 1st quarter/half of NBA and NFL games, among other partial game wagers
- Parlays: Bettors can stack several bets together from different games to form parlays, or from a single game to create same-game parlays. The app also offers SGP Stacks to combine multiple SGPS from different games. Fanatics SGP menus are reasonably dense, offering everything from spreads and totals to game props and player props.
- Round Robins: Combine multiple, smaller parlays from a larger pool of selections (easier to win at the cost of smaller payouts than standard parlays).
- Futures: Fanatics offers futures on select sports, although the betting options are limited
- In-play betting: Fanatics maintains a suitable menu of in-play options, spanning props, main markets like spreads, and alternative lines. A growing number of in-play events also come with live streaming video for customers with wagers on those games. There’s even a limited capacity to create in-play SGPs.
Fanatics Sportsbook Betting Odds
Fanatics Sportsbook’s betting odds are priced pretty close to industry standards. Fanatics takes its own positions more often than the average US sportsbook, but not by a significant margin.
The vigorish on most wagers also aligns with the broader US sports betting industry. A few notable comparisons:
- The house edge on popular MLB main market bets like run lines, totals, and moneylines ran slightly higher on Fanatics compared to FanDuel and DraftKings, but lower than BetMGM.
- Prop margins were roughly the same across the board compared to DraftKings, FanDuel, Caesars, and BetMGM, although Fanatics was a bit more prone to take positions on exotic markets.
- Fanatics bettors will pay slightly higher taxes on NFL moneylines compared to most other major sportsbooks. However, point spreads and totals were priced at standard -110/-110 odds.
- The vigorish on Super Bowl futures was 19.1%, and on NFC/AFC Conference Championship futures, it was 14.5%. In both cases, that’s considered better than average.
Fanatics Sportsbook really stood out with its NFL alternative lines. Not only does the app post 60+ early alt spreads and totals for every NFL game, but the house edge averages out to under 5%.
In our opinion, the Fanatics Sportsbook app should be on every smart line shopper’s phone, if only because it takes minor positions on some lines and offers great betting odds on alternative lines.
Fanatics Sportsbook App Review
While there’s nothing groundbreaking about the Fanatics Sportsbook app, it performs its critical duties well, namely not drawing attention to itself. The Fanatics Sports app launches quickly, responds instantly to user input, and is fast to update lines.
The app opens to a personalized homepage featuring odds for live and upcoming games in popular leagues intermixed with odds boost offers, featured props, and marquee events.
However, the homepage doesn’t post enough lines upfront. Whereas other online sportsbooks may list 50-100 events, Fanatics tops out at about 20.
Bettors can find the app by searching for “Fanatics Sports & Casino” in the iOS/Android app store or by visiting betfanatics.com.
App Features
- Fair Play Injury Protection: If an athlete leaves a game with an injury in the first half and never returns, Fanatics will automatically refund qualifying player props or void that leg in affected parlays instead of allowing those wagers to lose. Note: Fair play injury projection is not universal; covered leagues and other details change from season to season.
- Advanced search feature: From the homepage, bettors can search for leagues, teams, athletes, events, and promotions and place wagers directly from the search results. For instance, if you type “Pete Alonso” into the search bar, you’ll get immediate access to all of his player props, as opposed to having to dig through various submenus and categories.
- Quick bets: You can save three different “Quick Bet” sizes in your bet slip. From that point forward, you can simply tap on the bet size you’d like to use, and it’ll be instantly populated into the wagering field. This proves a huge time saver for bettors who consistently use the same unit sizes.
- User customization: Fanatics Sportsbook uses algorithms to personalize your homepage, and you can also customize your Quick Bet features, odds display, and notifications in the account management section.
- Enhanced golf betting: Fanatics Sportsbook offers an in-play golf betting area where you can view shot-by-shot data, check the tournament leaderboard, and explore course maps from within the app.
Fanatics Sportsbook In-Play Wagering
Fanatics Sportsbook realizes the importance of providing a solid in-play experience. For major sporting events, in-play menus have as wide a scope as pregame markets.
Live betting lines update quickly, and the odds are in line with industry norms.
For instance, if a pregame spread is listed at -110/-110, then the in-play line is just slightly higher, usually around -113/-113 to -115/-115. The extra juice is offset by market uncertainty.
The ability to place granular bets on the outcome of the next at-bat in baseball, or next possession in basketball, and watch them unfold in near real time is quickly becoming industry standard.
Fanatics Sportsbook Customer Service
Fanatics Sportsbook offers a dedicated Help Center that’s well-planned and intelligently categorized. Bettors should have no problem finding answers to most queries.
Help Center topics can be sorted by topic or by “Trending”.
BettingUSA found the latter option particularly helpful because it led us to the most common questions other bettors had about the app.
There’s also an option to live chat with support. When you initiate the chat option, you will first have to navigate an automated system that we found surprisingly helpful.
In addition, it was fairly easy to bypass the system and chat with an agent via live chat, send an email, or submit feedback.
Fanatics Sportsbook FAQ
Expert Opinion: Is Fanatics Sportsbook Legit?
Yes. Fanatics Sportsbook is the product of Fanatics, Inc., the nation’s largest sports merchandise and collectibles retailer. In addition, Fanatics Sportsbook operates only in states where it holds sports betting licenses.
On the whole, Fanatics Sportsbook is a well-conceived betting app with competitive odds, a full betting menu, and rewards for every wager. Additionally, Fair Play injury protection is one of the most bettor-friendly features you’ll find on the market.
That’s not to say Fanatics Sportsbook has been fine-tuned to perfection. Bettors only get “up to 1%” FanCash on the shorter-priced wagers most fans place, and the continued absence of a desktop betting website is inexplicable.
In summary, Fanatics Sportsbook is an easy pick for bettors who want protection on their player props and FanCash for every wager, especially anyone who already shops at Fanatics.com. If you want to bet from your laptop or get the sharpest odds on every line, Fanatics may serve better as a secondary sportsbook in your rotation.
Wes Burns has more than a decade's worth of experience as a writer, researcher and analyst in the legal gambling industry and is co-founder of BettingUSA.com. As a former professional online poker player, Wes approaches his work from the viewpoint of players.