Wednesday, Aug. 5 brings a full slate of MLB action and three WNBA matchups, making it the perfect day to explore Fanatics Sportsbook promo code offers. New users can claim up to $100 in FanCash on their first bet, with the opportunity to earn additional bonuses over the next 10 days.
This welcome offer is one of the best sportsbook promos available right now, and it's designed to get new bettors started on the right foot.
Code COVERS Unlocks 10X $100 Bet Matches
How the Fanatics Sportsbook Promo Code Works
The Fanatics Sportsbook promo allows new users to earn up to $100 in FanCash on their first wager, with the ability to repeat this for 10 consecutive days. Here's how it works: place a bet of at least $1 on any market with odds of -500 or longer. If your bet loses, you'll receive your stake back as FanCash, up to $100. If your bet wins, you keep your winnings as normal.
For example, if you place a $50 bet on one of Wednesday's MLB games and it loses, you'll get $50 in FanCash credited to your account. You can then use that FanCash on future wagers. This process can be repeated each day for your first 10 days, potentially earning up to $1,000 in total bonuses.
Key terms and conditions include:
- Use promo code COVERS during registration to activate the offer
- Minimum $10 deposit required to qualify
- Available in select states only: 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
- FanCash bonuses expire after seven days, so use them promptly
- Offer expires Aug. 23, 2026
- New users only; existing account holders are not eligible
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Claiming Your Bonus on Wednesday's MLB and WNBA Action
Getting started with your Fanatics Sportsbook welcome offer is straightforward and takes just a few minutes. Follow these steps to sign up and place your qualifying bet on Wednesday's games:
- Download the Fanatics Sportsbook app from your device's app store
- Create a new account by providing your personal information and government-issued ID for verification
- Enter promo code COVERS during the registration process
- Make a minimum deposit of $10 using your preferred payment method
- Place a bet of at least $1 on any Wednesday MLB or WNBA game at odds of -500 or longer
- If your bet loses, you'll receive up to $100 in FanCash within 24 hours
For more details about the sportsbook, check out our Fanatics Sportsbook Review.
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