Fanatics Sportsbook Promo Code COVERS: Get $100 FanCash for MLB & WNBA

Wednesday, Aug. 12 brings a full slate of MLB and WNBA action, and new bettors can take advantage of a up to $100 in FanCash with the Fanatics Sportsbook promo code COVERS.

This offer is part of a larger program that rewards new users across their first 10 days on the platform. Beyond this specific welcome offer, explore other sportsbook promos available to maximize your betting experience.

Code COVERS Unlocks 10X $100 Bet Matches

Claim $1000

* New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY only. Apply the promotion in the bet slip and place a $1+ cash wager (minimum odds of -200) each day for 10 consecutive days, beginning on the day the account is created. FanCash rewards will equal the qualifying wager amount, up to $100 in FanCash per day. FanCash issued under this promotion expires at 11:59 p.m. ET, seven days after issuance. Terms and conditions, including FanCash Terms, apply. See the Fanatics Sportsbook app for details.

How the Fanatics Sportsbook Promo Code Works on Aug. 12

The Fanatics Sportsbook promo allows new users to earn up to $100 in FanCash on their first day of betting. Here's how it works: place a wager of at least $1 on any sports market with odds of negative 500 or longer. If your bet loses, you'll receive your stake back as FanCash, up to $100. For example, if you place a $50 bet on a Mariners-Yankees matchup and it loses, you'll get $50 in FanCash credited to your account. If you win that same bet, you keep your winnings as normal.

This offer can be repeated across your first 10 consecutive days using Fanatics Sportsbook, meaning you could earn up to $1,000 in total FanCash throughout the promotional period. The FanCash you receive is non-withdrawable bonus credit that must be used for additional wagers. Important terms include a one-time playthrough requirement before you can request a withdrawal, and all bonus credit expires after seven days, so use it promptly. The offer is available only to new users who have not previously held a Fanatics Sportsbook account.

• Minimum deposit required: $10
• Minimum odds: negative 500
• Minimum wager: $1
• Maximum FanCash per day: $100
• Bonus expiration: Seven days from issuance
• Offer expires: Aug. 23, 2026
• Available states: AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WI, WY

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Claiming Your Offer on Wednesday's MLB and WNBA Slate

Getting started with Fanatics Sportsbook takes just a few minutes. Follow these steps to claim your welcome offer and place your first bet on Wednesday's games:

1. Download the Fanatics Sportsbook app from your device's app store.
2. Open the app and select "Sign Up" to create your new account.
3. Enter your personal information and provide a government-issued ID for verification.
4. During registration, enter the promo code COVERS to activate the welcome offer.
5. Complete your account setup and choose your preferred deposit method.
6. Make a minimum deposit of $10 to qualify for the bonus.
7. Navigate to Wednesday's MLB or WNBA games and place a wager of at least $1 at odds of negative 500 or longer.
8. If your bet loses, your stake will be credited as FanCash within 24 hours.
9. Complete the one-time playthrough requirement before requesting any withdrawals.

For more details on what Fanatics Sportsbook offers, read our Fanatics Sportsbook Review.

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