Monday, Aug. 17 brings a solid slate of MLB and WNBA action, and it's the perfect opportunity to claim up to $100 in FanCash with the Fanatics Sportsbook promo code. New users can take advantage of this welcome offer by placing qualifying bets on the day's matchups.
Check out available sportsbook promos to compare offers across the market.
Code COVERS Unlocks 10X $100 Bet Matches
How the Fanatics Sportsbook Promo Code Works on Aug. 17
Fanatics Sportsbook promo offers new users the chance to earn up to $100 in FanCash on their first qualifying bet. Here's how it works: place a wager of at least $1 on any sports market with odds of -500 or longer. If your bet loses, you'll receive your stake back as a bonus, up to $100 in FanCash. This offer can be claimed for your first 10 consecutive days, meaning Monday's slate serves as your first opportunity to earn bonus funds.
Key terms and conditions include:
- Minimum deposit of $10 required to activate the bonus
- Wager at least $1 on any market with -500 odds or longer
- Bonus funds expire after seven days, so use them promptly
- The offer is available only to new users without an existing account
- Promo code COVERS must be entered during registration
- Available in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, WI, and WY
- Offer expires Aug. 23, 2026
For example, if you place a $50 bet on a Cardinals-Reds matchup and lose, you'll receive $50 in FanCash. If you win, you keep your winnings as normal. You can repeat this process each day for 10 days, building up to $1,000 in total potential bonuses across the promotional period.
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Claiming Your Bonus on MLB and WNBA Matchups
Getting started with your Fanatics Sportsbook welcome offer takes just a few minutes. Follow these steps to sign up and place your first qualifying bet on Monday's action:
- Download the Fanatics Sportsbook app and familiarize yourself with the platform's features and banking options.
- Register through the app by providing required personal information and government-issued ID for account verification.
- Enter promo code COVERS during registration to activate the welcome offer.
- Choose your preferred banking method and make a minimum $10 deposit.
- Place your first wager of at least $1 on any market with -500 odds or longer on Monday's MLB or WNBA games.
- If your bet loses, you'll receive up to $100 in FanCash within 24 hours. Complete the 1x playthrough requirement before withdrawing funds.
For more details on what Fanatics Sportsbook offers, read our Fanatics Sportsbook Review.
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