Use the Fanatics Sportsbook promo code COVERS350 to unlock Bet $20, Get $350 in FanCash as of Oct. 28. New users can start with Wednesday's NBA doubleheader or World Series Game 5, then keep betting through NFL Week 8. Check out more sportsbook promos to compare other options.
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 28 |
| Info Confirmed By | Michael Hoad |
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How the Fanatics Sportsbook Promo Code Works
The Fanatics Sportsbook promo code COVERS350 is built around a seven-day schedule of qualifying bets. Your first wager can be placed on Wednesday's NBA matchup between Oklahoma City and Dallas, which counts as day 1 of the offer. From there, you place a qualifying bet each day to earn $50 in FanCash daily, for a total of $350.
Each qualifying bet must be at least $20 on any sports market at odds of -500 or longer. That means a wager at +150 or -110 qualifies, while a heavy favorite priced at -600 does not. The following days can be filled with World Series Game 5 and the NFL Week 8 slate, including Thursday's Carolina at Green Bay game.
Here are the key terms and conditions to keep in mind:
- Available to new users only 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.
- Qualifying bets must be $20 or more at odds of -500 or longer.
- FanCash is non-withdrawable and expires after seven days.
- Each daily $50 reward expires 24 hours after it is issued.
- 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. Not available in New York.
Here is how it plays out in practice. If your $20 bet on Oklahoma City at Dallas wins, you collect your winnings and unlock your first $50 in FanCash. If the bet loses, you still unlock the same $50 in FanCash, because the reward is tied to placing a qualifying bet and not to the result.
Claim your Fanatics welcome offer and check out expert NBA picks
Fanatics is offering new users $350 in FanCash when they bet $20, making it a strong time to browse expert NBA picks with Chris Walder targeting Philadelphia in multiple markets.
- Chris Walder recommends taking the Philadelphia 76ers moneyline against Indiana, citing a healthier roster, added incentive to avoid consecutive losses, and superior talent, with a $20 qualifying bet returning roughly $18 in profit on a win (at standard near-even odds) or unlocking $50 in daily FanCash for seven days on a loss.
- Chris Walder also backs Philadelphia -4.5 at -5.5 -115 against Indiana, noting that a five-man lineup featuring LeBron James, Jaylen Brown, and Tyrese Maxey has outscored opponents by 33.7 points per 100 possessions, while Indiana's lack of Ivica Zubac leaves the Pacers vulnerable around the basket, with a $20 qualifying bet netting approximately $17.39 in profit on a win or $50 in daily FanCash for seven days on a loss.
- Chris Walder projects the Philadelphia at Indiana total to go under 237.5, pointing to Indiana and Philadelphia combining for an Under in five of their last six matchups and a combined 3-5 record in that market this season, with a $20 qualifying bet returning roughly $18 in profit on a win or $50 in daily FanCash for seven days on a loss.
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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 first qualifying bet.
- Click a link in this article to open Fanatics Sportsbook and create an account.
- Enter promo code COVERS350 during registration.
- Deposit at least $10 to fund your account.
- Place a $20 or larger bet at odds of -500 or longer on Wednesday's Oklahoma City at Dallas game.
- Return daily for seven days to place a qualifying bet and unlock $50 in FanCash each day.
Read the 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.
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