Fanatics Sportsbook Promo Code COVERS350 Gives $350 FanCash for a $20 Bet on Cavs vs. 76ers

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 22, 2026 , 03:20 PM ET • 3 min read

Use the Fanatics Sportsbook promo code COVERS350 to bet $20 and get $350 in FanCash when you wager on Cavaliers vs. 76ers on Thursday.

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 welcome offer. As of Oct. 22, new users can start the offer with a wager on Cavaliers vs. 76ers. It ranks among the top sportsbook promos available to new players today.

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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 22
Info Confirmed By Michael Hoad

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How the Fanatics Sportsbook Promo Code Offer Works

The Fanatics Sportsbook promo rewards new users with $350 in FanCash, which is released in daily installments over a week. Your wager on Cavaliers vs. 76ers counts as day 1 of the offer. From there, you return each day for seven days to unlock $50 in FanCash every day.

Here is how the offer plays out with a qualifying wager on Cavaliers vs. 76ers. Say you bet $20 on the Cavaliers moneyline. If the Cavaliers win, you collect your winnings from the bet, and your first $50 in FanCash is unlocked. If the Cavaliers lose, your bet is settled as a loss, but your first $50 in FanCash is still unlocked because the offer is based on placing a qualifying wager and not on the outcome. The same is true if you back the 76ers and they win or lose.

Review the key terms before you sign up:

  • The offer is available only to new users who do not already have a Fanatics Sportsbook account.
  • Promo code COVERS350 must be entered during registration.
  • A minimum deposit of $10 is required to activate the bonus.
  • Your first wager on Cavaliers vs. 76ers must be $20 or more at odds of -500 or longer.
  • You unlock $50 in FanCash every day for seven days, worth $350 in total.
  • Each daily reward expires 24 hours after it is issued.
  • FanCash is non-withdrawable, and the bonus expires after seven days.
  • The offer is available 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, and is not available in New York.

Claim your Fanatics welcome offer and check out expert picks for Cleveland vs. Philadelphia

Fanatics is offering $350 in FanCash to new users, making it a great time to browse Cleveland vs. Philadelphia picks from experts including Jon Metler and Quinn Allen.

  • Jon Metler backs the Cleveland moneyline at CLE (+133), reasoning that Philadelphia's new starting five still needs time to build chemistry and that Evan Mobley at center, along with Sam Merrill's shooting, makes Cleveland a strong value play he prices closer to 45%; a $20 qualifying bet at +133 odds would return roughly $26.60 in profit on a win, while a loss would unlock $50 in FanCash that day as part of the Fanatics welcome offer.
  • Quinn Allen takes the Philadelphia moneyline at -120, citing the Sixers' impressive opening-night chemistry, four starters recording at least five assists, Joel Embiid's defensive impact, and Cleveland potentially missing Jarrett Allen; a $20 qualifying bet at -120 odds would return roughly $16.67 in profit on a win, while a loss would unlock $50 in FanCash that day as part of the Fanatics welcome offer.

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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 register and place your qualifying wager on Cavaliers vs. 76ers.

  1. Create a new account and enter promo code COVERS350 during registration.
  2. Make a qualifying deposit of at least $10 to fund your account.
  3. Place a wager of $20 or more on Cavaliers vs. 76ers at odds of -500 or longer.
  4. Return each day for seven days and place a qualifying bet to earn $50 in FanCash daily.
  5. Use each day's FanCash within 24 hours before it expires.

Read the full Fanatics Sportsbook Review for more details.


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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