Legal In USA
Verified on Jan. 18, 2026
Last used 12 mins ago
2 min avg claim time
Best Fanatics Markets bonus offers for new users
The expectation is that Fanatics Markets will offer new users a welcome bonus, such as a deposit match. The sportsbook at Fanatics routinely offers generous sign-up offers, so we expect a bonus here at Covers soon.
The Fanatics Sportsbook welcome bonus varies by state. New players in some states receive “Bet $30, Get $300 in FanCash” bonuses, while others receive “Bet $50, Get $250 in FanCash” offers. There are even a few where they can collect up to $2,000 in FanCash by placing 10 "No Sweat Bets" over 10 days.
These bonuses show Fanatics’ commitment to attracting new players with promotions and suggest that a Fanatics Markets promo code will be available.
Now Live in 24 States!
Fanatics Markets promo code summary for this week
| 💰 Fanatics Markets sign-up bonus | TBD |
| ⏩ Fanatics Markets promo code | TBD |
| ⭐ Top feature | Legal sports trading |
| 💲 Minimum deposit | $5 |
| 🌎 Eligible states | Most states + DC |
| 🎂 Legal age | 21+ |
| 📱 Fanatics Markets mobile app | iOS & Android |
| 🕒 Offer expiry | TBD |
| ✅ Last verified | Jan. 18, 2026 |
Fanatics Markets promo code terms and conditions
There isn’t a Fanatics Markets promo code available yet. However, its welcome bonus is likely to come with these terms and conditions:
- You must be at least 21 years old to trade.
- You must be located in a state where Fanatics Markets is legal.
- You must verify your identity by providing your name, date of birth, and other personal information.
- You may also be required to submit a photo of a government-issued ID, along with a selfie of you holding it for identity verification.
- You must deposit a certain amount following registration.
- You must use the welcome bonus within a specific number of days.
Is Fanatics Markets legit?
Yes, Fanatics Markets is legal in 24 U.S. states and Washington, D.C. as of January [Date], 2026, and more are sure to come. Fanatics Markets is federally regulated by the Commodity Futures Trading Commission (CFTC) and not by state agencies like those that regulate the Fanatics Sportsbook.
Fanatics Markets will limit access to sports event contracts for users in states with legal sports betting. Sports markets will only be available to residents of states like California, Georgia, and Texas that do not have access to legal betting sites.
Where is Fanatics Markets legal?
As a regulated prediction market platform, Fanatics Markets is legal and operational in the United States.
Fanatics Markets is currently available in 24 states:
How do you claim the Fanatics Markets promo code?
Fanatics has traditionally made it easy to claim Fanatics Sportsbook bonuses with promo codes, and we wouldn’t expect anything less from Fanatics Markets. Fanatics has steadily streamlined its sign-up process for sportsbook users, and the same should be true for Fanatics Predicts.
Users will need to follow these steps to use the Fanatics Markets promo code:
Register
Register for an account by downloading its app and clicking “Sign Up.” While it’s unclear what the Fanatics Markets promo code will provide, you will likely need to enter it here.
You will also need to provide your name, birthdate, location, mobile phone number, and the last four digits of your Social Security number. Additionally, you may be required to send a photo of a government-issued ID, with a separate photo of you holding it to verify your identity.
Most traditional online sportsbooks and casinos use these same Know-Your-Customer (KYC) protocols to strengthen security, and as a legal requirement.
Deposit funds
You may need to make a deposit to use the Fanatics Markets promo code and claim a welcome bonus. If this is the case, click “Deposit” and select your preferred payment method.
Fanatics accepts a wide range of payment methods, including debit cards, bank transfers, PayPal, Venmo, Apple Pay, Google Pay, and more.
Start trading
Next up, it’s time to start trading. Click on the tab for one of the platform’s many markets, such as “Sports,” to see which event contracts are available to trade and pick the ones you wish to purchase. It’s as simple as clicking on the contract you want and typing in the amount of money you want to spend, similar to placing a bet.
Withdraw winnings
Making accurate predictions through the Fanatics Markets app lets you win real money. You can choose to withdraw it whenever you would like by clicking “Withdraw” and selecting a withdrawal method. A payout may arrive in as little as a few hours, depending on which option you choose.
Fanatics Markets platform review
Fanatics Markets launched in 24 states in December, with more expected in early 2026. We will be closely reviewing the product over the next several weeks. Check back for a full review.
Prediction market platforms can offer an alternative to traditional sports betting in states where it isn’t legal. Teaming up with Crypto.com is a smart move for Fanatics, as it already has extensive experience offering simplified event-trading services to users around the world.
Who it's forFanatics Markets is great for sports betting fans looking for a new way to invest in sports, especially in states without legal sports betting. However, they are unlikely to be the only ones who enjoy trading on the platform. Everyone from data analysts to political pundits to pop culture junkies can likely find something to speculate on.
Fanatics Markets at a glance
Fanatics Markets is a newly launched, fully regulated prediction market app where users can trade event contracts on everything from sports and elections to interest-rate decisions and pop-culture outcomes. The platform is powered by Crypto.com, giving Fanatics Markets institutional-grade infrastructure with a Fanatics-style front end.
The app is available on iOS and Android, and backed by Fanatics’ brand ecosystem across merchandise, tickets, collectibles, and sports gaming. Fanatics acquired Paragon Global Markets in 2025 to operate as a federally registered introducing broker, allowing the company to offer prediction markets legally in dozens of U.S. states.
At launch, Fanatics Markets offers contracts across sports, finance, politics, and economics, with Phase Two expansions coming early next year into crypto, stocks/IPOs, climate, tech/AI, movies, and music.
Fanatics Markets key features
Simple, beginner-friendly design
Trading event outcomes is simple and intuitive, with a clean Fanatics-style interface that makes the experience feel familiar and approachable.
Regulated through the CFTC
Crypto.com provides markets and pricing to users through its platform as an exchange registered with the CFTC. Under the federal regulation, Fanatics Markets operates as an Introducing Broker registered through Paragon Global Markets.
Variety of markets across sports, finance and pop culture
Users can trade on yes/no markets including:
- Will an NFL team score more than 20 points?
- Will the Fed lower interest rates?
- Will a candidate win an election?
- Will a movie or cultural moment reach a milestone?
More categories (crypto, stocks, climate, music, and tech/AI) coming in 2026.
Robust consumer protections
Customers have built-in tools to set deposit limits, session limits, timeouts, self-exclusion and exposure controls.
What we like
What we don't like
Fanatics Markets app review
Fanatics Markets users will need to download an app from the App Store if they’re iOS users or from the Google Play Store if they’re Android users. It will be separate from the Fanatics Sportsbook app, but takes on a similar look and feel. It is clean and modern, making it easy for users to complete trades quickly.
Fanatics Markets iOS app
Latest betting news
Fanatics Markets promo comparison
 Kalshi |
 Novig |
 ProphetX |
 Crypto.com |
|
|---|---|---|---|---|
| Compare | ||||
| Welcome bonus | $10 Bonus | Up to $100 bonus | Up to $100 Bonus | $50 Bonus |
| Promo code | COVERS | COVERS100 | COVERS | Automatically applies after registration |
| Bonus type | Bet and get | First bet match | First bet match | Referral |
| Bonus form | One (1) $10 bonus | Up to $100 bonus | Up to 100 in Prophet Cash | $50 bonus |
| Min. deposit | $1 | $5 | $10 | $10 |
| Top daily promos | Referral bonus | Challenge rewards | Social media giveaways | Referral bonus |
| Covers BetSmart Rating | ⭐ 4.0/5 | ⭐ 4.5/5 | ⭐ 4.3/5 | ⭐ 3.5/5 |
| Claim Bonus | Claim $10 | Claim $100 | Claim $100 | Claim $50 |
What markets can you trade on Fanatics Markets?
Fanatics Markets allows users to trade event contracts across multiple prediction markets. Sports have a huge presence within the app, but Fanatics Markets will also cover politics, entertainment, finance, culture, commodities, and more.
Fanatics Markets live event trading
Fanatics Markets offers prediction markets that allow people to alter their predictions in real time by trading contracts before their outcomes are known. Similarly, you can buy contracts on events happening in real time, such as mid-game in the NFL or NBA.
This gives users more flexibility when completing trades, enabling them to adjust strategies based on real-world circumstances. You can also continually analyze data to determine when to trade contracts on a minute-by-minute basis.
Fanatics Markets profitable trading strategies
Fanatics Markets breaks down financial investments in a simple format, but it’s still an inherently risky business. Just like sports betting, you’re certainly not guaranteed to win, and you should consider various factors to give yourself the best shot. Here are our top tips for new investors at Fanatics:
Start slow📈
Steer clear of devoting too much money to trades right off the bat. For many people, the event contract model is a completely new way to make picks online, and it comes with a learning curve. Make small trades at first to get the hang of it.
Practice bankroll management 💵
Never spend too much of your total bankroll on any single trade or trades to prevent a single prediction from taking you down. Set yourself a budget of $20 or $50 per week, for instance. Alternatively, invest no more than 2-3% of your total bankroll in any single trade.
Carry out extensive research💡
Similar to sports betting, the more research you do and the better your understanding, the better your predictions.
Be smart and safe 🧠
Sites like Fanatics Markets do a great job of making it easy for regular people to speculate on all kinds of things, but they also carry risks. Use responsible gambling techniques like bankroll management and time management to avoid unhealthy habits. Most of all, using Fanatics Markets should be fun, not a way to make money.
Stay disciplined and avoid emotional decisions 🧘
Don’t make investments that you are emotionally invested in, such as picking your favorite team to win the NBA Championship. Successful trading is all about smart analysis, not emotion
Fanatics Markets trading odds and fees
A learning curve exists when buying and selling contracts on Fanatics Markets. New users must understand the platform’s trading odds and fees before registering.
Here are the basics: Each event contract available on Fanatics Markets will be priced between $0.01 and $0.99, with higher-priced contracts indicating the most likely outcomes. Users must pay more to buy these contracts than to buy those attached to unlikely outcomes.
Unlike at Fanatics Sportsbook, where the house sets the odds, the prices of event contracts are determined by the actions of other traders, just like any financial marketplace. Fanatics Markets simply hosts and facilitates the investments.
Fanatics Markets customer service
Fanatics is a massive company, so it should come as no surprise that it takes customer service seriously and strives to provide the best service possible to customers. Fanatics Markets is expected to take cues from its parent company and extend top-notch customer service in a few ways.
Here is how to contact Fanatics’ customer support department:
- Live chat: Available 24/7
- Email: support@betfanatics.com
- Phone: 800-254-0320
- X (Twitter): @FanaticsBook
Fanatics Markets payment methods
Fanatics Markets accepts many of the same methods as Fanatics Sportsbook. The sportsbook does not accept credit cards, but it does take the following payment methods:
- Debit cards
- Bank transfers
- PayPal
- Venmo
- Apple Pay
- Google Pay
- FanCash Rewards Card
How does Fanatics Markets compare to stock and crypto trading?
Fanatics Markets and traditional sports betting might seem like they’re the same from the outside looking in, but they’re very different. When trading contracts through Fanatics Markets, you aren’t “betting against the house” like you do on platforms like Fanatics Sportsbook.
Instead, you’re engaging in something called “peer-to-peer trading”, which simply means you’re making predictions against other users of the marketplace. While the actual predictions can be the same (such as picking the Celtics to win a game, or the Chiefs to win the Super Bowl), the format is different. You’re investing in a public marketplace, rather than betting against a sportsbook.
Fanatics Markets trading limits and liquidity
We don’t know much about Fanatics Markets trading limits or liquidity yet. However, the fact that Fanatics has partnered with Crypto.com and its large potential user base is a good sign for liquidity, meaning you should be able to easily buy and sell contracts quickly.
Recent Fanatics Markets updates
Check out the latest updates involving Fanatics Markets below and stay tuned for further developments.
Dec. 5, 2025: Fanatics Markets launches in 14 additional states, bringing the total of active states to 24.
Dec. 3, 2025: Fanatics announces it has launched its prediction markets platform, Fanatics Markets, in 10 states, with a rollout expected in 14 more states later in December.
Nov. 20, 2025: Fanatics confirms its partnership with Crypto.com and reveals that the two companies will join forces to launch a prediction markets platform. Fanatics CEO Michael Rubin says it will be live “within the next few weeks.”
Nov. 14, 2025: Reports emerge suggesting that Fanatics could team up with Crypto.com soon to collaborate on a prediction markets platform.
Aug. 22, 2025: Rumors about the possibility of Fanatics launching a prediction markets platform begin heating up.
Additional predictive market platform promos
While you await the Fanatics Predicts promo code, check out the following alternative options:
- Kalshi: Has a $10 promotion for all new players when you use our Kalshi promo code COVERS.
- PredictIt: Offers a $20 bonus with a $20 deposit for new users.
- Robinhood: Issues new users up to a $200 Robinhood promo code bonus today.
- Sporttrade: Claim up to a $100 bonus without a Sporttrade promo code.
- Railbird: Read out Railbird promo code page to learn more about this upcoming event-contract derivatives market betting site that allows you to trade on sports via prediction markets.
- FanDuel Predicts: Read our FanDuel Predicts promo code review page for a thorough examination of the upcoming prediction market betting site.
- DraftKings Predictions: Check out our DraftKings Predictions promo code page to learn more about the newcomer to the space.
Fanatics Markets responsible trading features
Fanatics Sportsbook offers players a comprehensive suite of responsible gambling tools, and Fanatics Markets is expected to follow suit. We anticipate seeing the platform allow users to set deposit limits, trade limits and request cool-off periods or self-exclusion. We also hope to see it provide educational resources to help users make smarter contract trades.
Traditional sportsbook promo codes and bonuses
Fanatics Markets promo code FAQ
The Fanatics Markets promo code for 2025 isn’t available yet, but we expect it to be available soon.
You can claim a Fanatics Markets promo code when registering for a new account. Enter it and receive a welcome bonus.
New Fanatics Markets users must sign up for new accounts and complete identity verification to claim bonuses. They will also need to enter a Fanatics Markets promo code.
Fanatics Markets is legal in many states, but the platform isn’t expected to allow users in states that have legalized sports betting to trade sports event contracts.
There aren’t Fanatics Markets promo offers for existing users yet. But Fanatics often provides special bonuses and promotions to players on its other platforms, so we wouldn’t be surprised to see some of these same options move over to Fanatics Predicts.
Fanatics Markets is expected to cover sports, politics, entertainment, finances, commodities, and more.
Fanatics has a referral program in place for existing Fanatics Sportsbook users that gives them up to $50 in FanCash for referring friends to sign up. We anticipate Fanatics Markets will put a similar program in place, but Fanatics hasn’t confirmed its existence yet.
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