Fanatics Sportsbook Promo Code COVERS350: Bet $20 on the ALCS or NHL, Get $350 FanCash

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 13, 2026 , 12:30 PM ET • 3 min read

Use the Fanatics Sportsbook promo code COVERS350 to bet $20 and get $350 in FanCash on NFL Week 6, ALCS Game 2, or tonight's NHL slate.

Claim FanCash with the Fanatics Sportsbook promo code.
Photo By - Claim FanCash with the Fanatics Sportsbook promo code.

Use the Fanatics Sportsbook promo code COVERS350 to claim a bet $20, get $350 in FanCash offer on Tuesday, Oct. 13. New users can wager on ALCS Game 2, the 16-game NHL slate or NFL Week 6 to start unlocking rewards. Compare this deal with other sportsbook promos and see why it stands out for new players.

DraftKings

Bet $20, Get $350 in FanCash


Fanatics Sportsbook promo code details

Fanatics Sportsbook New Customer Offer Bet $20, Get $350 in FanCash
Fanatics Sportsbook Promo Code COVERS365
Minimum Deposit $20
Qualifying Bet $20
Bonus Bet Expiry 7 Days
Eligibility New Customers, 21+ in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV, WY
Terms & Conditions

New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV, or WY (excl. NY). Must toggle on this promotion in your bet slip and wager $20+ cash on any market (min. odds -500) within 7 days of account opening to receive $50 in FanCash each day for your first 7 days. Must opt in each day to claim FanCash. FanCash issued in connection with this Promotion expires 24 hours from issuance. Terms, including FanCash terms apply-see Fanatics Sportsbook app.

Date Verified October 13
Info Confirmed By Michael Hoad

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How the Fanatics Sportsbook Promo Works

The Fanatics Sportsbook promo is built for new users who do not already have an account. After registering with code COVERS350 and making a minimum deposit of $10, you place a wager of $20 or more on any sports market at odds of -500 or longer. That first bet can be on tonight's ALCS Game 2 between Cleveland and Tampa Bay at 8 p.m. ET, or on any of the 16 NHL games on the schedule.

Your first qualifying bet counts as day 1 of the offer. From there, you return and place a qualifying bet each day for seven days, and each day unlocks $50 in FanCash for a total of $350. Here are the key terms to know:

  • Available to new users only in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV, and WY.
  • Not available in New York.
  • Promo code COVERS350 is required during registration.
  • A $10 minimum deposit and a $20 minimum wager at -500 odds or longer are required.
  • FanCash is non-withdrawable and expires after seven days.
  • Each day's $50 reward expires 24 hours after it is issued, so use it quickly.

Here is how it plays out with your day 1 wager on ALCS Game 2. If your $20 bet wins, you receive your normal winnings and unlock your first $50 in FanCash. If your $20 bet loses, you still unlock the $50 in FanCash for that day, because the reward is tied to placing the qualifying wager and not to the outcome. Keep betting each day through the seven-day window to collect the full $350 total.

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What Is the Fanatics Promo Code?

The Fanatics Sportsbook promo code is COVERS. Enter it at signup, deposit at least $10, and place qualifying wagers at odds of -500 or longer to receive up to $100 in FanCash for a losing wager each day during your first 10 days, up to $1,000 total.


How to Claim the Fanatics Sportsbook Offer

Follow these steps to activate your welcome offer and place your day 1 bet on tonight's ALCS Game 2.

  1. Create your account and enter promo code COVERS350 during registration.
  2. Make a qualifying deposit of at least $10 to fund your account.
  3. Place a $20 or larger bet at odds of -500 or longer on ALCS Game 2.
  4. Return each day for seven days and place a qualifying bet to earn $50 in FanCash daily.

Want more details before you sign up? Read our full Fanatics Sportsbook Review.


Fanatics Sportsbook responsible gaming features

Fanatics Sportsbook offers several responsible gaming tools designed to help customers manage their betting activity. These include deposit limits, time-based wagering limits, and timeout periods, giving users greater control over their spending and gaming sessions.

Fanatics also provides access to state-specific responsible gambling resources for customers who may need additional support. These resources are available directly through the sportsbook and can help users find appropriate assistance in their region.


Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Carson Deveau - Covers
Sports Betting Editor

Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

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