Fanatics Sportsbook Review

Pros and cons

FanCash unlocks merch rewards

Improved app performance

Reputable brand

Software powered by Amelco

Welcome offers vary by state

Fanatics Sportsbook is officially open for business with a welcome bonus that's sure to impress users in legal Fanatics states. Enter the  Fanatics Sportsbook promo code COVERS350 during registration.

Fanatics Sportsbook sign-up bonus: Bet $20, Get $350 in FanCash with code COVERS350

New Fanatics Sportsbook customers can use promo code COVERS350 to earn up to $350 in FanCash over their first seven days. After opening an account, toggle the promotion in your bet slip and place a $20+ cash wager at odds of -500 or longer within seven days. Once you qualify, you can receive $50 in FanCash per day for seven days, bringing the total potential value to $350.

You’ll need to opt in each day to claim that day’s $50 FanCash reward, so missing a day could mean leaving part of the $350 offer on the table. Each FanCash reward also expires 24 hours after it’s issued, making this a promotion you’ll want to use quickly. The offer is available to new customers aged 21+ in eligible states, with New York excluded.

Alternate Fanatics Sportsbook sign-up bonus: Get up to $1,000 Matched in FanCash with code COVERS

As a new Fanatics Sportsbook user, you can now claim a '$1,000 in FanCash' welcome offer. Here's how it works:

After you create a new account, place a minimum $1 — or up to a $100 maximum — wager on any market with -500 odds or longer each day for your first 10 days of betting with the sportsbook. If your wager settles as a win or a loss, you will receive a FanCash bonus equal to your qualifying stake, up to $100. Your promotional window begins after you place your first wager.

To receive the full bonus, you must place the maximum $100 bet on each of your first 10 days of betting. If you miss a day, you forfeit your bonus for that day. Keep in mind each bonus bet expires seven days after issuance.

Players in New York can grab a package of 10 100% profit boost tokens as their secondary option.

What is FanCash?

Earn up to 10% of your stake back in FanCash with every wager you place with Fanatics Sportsbook, win or lose. You can use FanCash to purchase sports merchandise from Fanatics, making it one of the best rewards among online sportsbooks.

Here's a brief breakdown of how much FanCash you can earn on your wagers: 

The FanCash you earn can be redeemed for bonus bets or Fanatics merchandise, making it one of the best sportsbook rewards programs of [Year]. Getting your favorite jerseys is a cool perk that helps separate Fanatics from the competition. Just remember that FanCash expires 365 days after you've earned it, so don't forget to make your redemption. This is an important note that can easily go overlooked, so keep it in mind.

What are FanCash Packs?

FanCash Packs offer eligible Fanatics users opportunities to earn FanCash through qualifying activity. The available rewards, wagering requirements, redemption options, and eligibility criteria may vary by promotion and account. Check the Fanatics Sportsbook app for current FanCash Pack offers and their specific terms before participating. Avoid assuming that higher wagering automatically unlocks larger rewards, as the requirements depend on the offer.

What is Fanatics ONE?

Fanatics ONE is a new, company-wide loyalty program that allows users to claim a wide range of items, which includes:

• FanCash
• Online sportsbook and casino rewards
• Fan apparel like jerseys and hats
• Sports trading cards and collectibles
• Tickets to exclusive events

All current Fanatics users are automatically enrolled in the new program. You can begin earning tier points to scale up the membership ladder to unlock better benefits and rewards. Here's how you can earn Fanatics ONE tier points:

Fanatics Casino

• Five (5) points earned for every $1 of FanCash you receive from online casino wagering. 

Fanatics Sportsbook

• Two (2) points earned for every $1 of FanCash you receive from sports betting. 

Fanatics App

• One (1) point earned for every $5 spent on Fanatics.com or on the Fanatics app.

Breakdown of Fanatics ONE benefits

Fanatics Sportsbook referral promo

To take advantage of the Fanatics Sportsbook promo referral program, simply refer a friend by sending them a unique referral link to earn $100 in FanCash.

Once your friend completes registration and places their first bet of at least $20, both you and your friend will receive $100 in FanCash. You are allowed to refer up to 5 friends, which adds up to $500 in bonuses.

Deposit options

Payment methods at Fanatics Sportsbook vary by state, and no credit cards are currently accepted. Instant bank transfer and Apple Pay are the easiest deposit options at the moment. 

Deposit Method	Fee	Process Time
	Free	instant	$5
	Free	instant	$5
	Free	Within 2 hours	$5,000

Withdrawal options

Fanatics Sportsbook has a unique withdrawal tracker to monitor the progress of your request. Similar to a Dominos Pizza tracker, users can stay updated on where they are in the withdrawal process. Bank transfer, wire transfer, and check are the most common withdrawal methods. 

Withdrawal Method	Fee	Process Time
	Free	2-3 Banking Days	$1
	Free	7-10 Banking Days	$10
	Free	Within 24 hours	$10,000

Fanatics Sportsbook is powered by software and source code from sports betting tech provider Amelco. Experienced sports bettors may recognize the name, as Amelco serves several active and discontinued sportsbooks in the U.S., including FOX Bet, PlayUp, and WynnBET.

Users can expect a safe and secure betting experience that includes the following key features:

Fanatics Sportsbook has mobile sports betting apps available for download in both the App Store and the Google Play store. The Fanatics Sportsbook app has received rave reviews across the board, receiving a 4.7/5 rating on iOS and a 4.5/5 rating on Android. 

Every bet you place on the Fanatics Sportsbook app earns you FanCash, which I thought was a nice touch. You have the opportunity to earn up to 10% back based on the size of your wager, win or lose.

Overall, the Fanatics Sportsbook app performs quite well. Load times are reasonable, navigating the app is enjoyable, and there are loads of betting markets to choose from. As of now, Fanatics isn't at the level of FanDuel or DraftKings, but the platform has promise, and I look forward to exploring what new versions of the app have to offer.

Fanatics Sportsbook iOS app

At the time of writing, Fanatics Sportsbook has an online sports betting license in 24 states:

Fanatics is committed to providing top-tier service to its customer base. 24/7 live chat managed by a virtual assistant. You can also reach out to a support agent via email, phone, or X.

• Live Chat: Yes
• Email: support@betfanatics.com
• Phone: (855) 438-9701
• Support languages: English
• X (Twitter): @FanaticsSupport

Fanatics Sportsbook emphasizes player safety through its responsible gaming tools.

Resources include deposit limits, time-based wager limits, and timeout periods. Ensuring users are playing responsibly with the sportsbook is paramount. This allows players to manage their spending with deposits and gaming sessions.

It is somewhat surprising how quickly Fanatics Sportsbook has risen through the ranks in a crowded and competitive online sports betting space. With an impressive mobile betting app, live streaming, and a promising FanCash rewards program, Fanatics has certainly captured my attention.

While I would hesitate to mention the sportsbook in the same breath as some of the industry's heavy hitters, I've been thoroughly impressed with Fanatics' sportsbook product and would strongly recommend it as a secondary option in your sports betting app rotation.