The Fanatics Sportsbook promo code COVERS350 gives new users a chance to bet $20, get $350 in FanCash when they sign up and wager on Wednesday's 11-game NBA slate. As of Wednesday, Oct. 21, this is one of the most rewarding sportsbook promos available to eligible new customers.
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 21 |
| Info Confirmed By | Michael Hoad |
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How the Fanatics Sportsbook Promo Works
The Fanatics Sportsbook promo is built for new users who do not already have an account. Register with code COVERS350, make a minimum deposit of $10, and place a wager of $20 or more on any sports market with minimum odds of -500. Wednesday's NBA slate serves as your Day 1 bet, and it can be placed on any of the 11 games, including Minnesota at Miami or Golden State at Los Angeles.
Once your qualifying bet is placed, Fanatics unlocks $50 in FanCash every day for a week, worth $350 in total. Here are the key terms and conditions:
- The offer is available to new users only.
- A minimum deposit of $10 is required.
- The qualifying bet must be at least $20 at odds of -500 or longer.
- Your first bet should be placed within seven days of signing up.
- You must place a qualifying bet each day for seven days to earn $50 in FanCash daily.
- Each day's FanCash 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. It is not available in New York.
Here is how it works in practice. Suppose you bet $20 on Wednesday's Dallas at Houston game at odds of +150. If your bet wins, you collect your payout, and your Day 1 FanCash reward is still unlocked. If your bet loses, you still earn the $50 in FanCash for Day 1, because the reward is tied to placing the qualifying wager rather than to the result.
From there, keep placing a qualifying $20 bet each day, including on NFL Week 7 games and the World Series, to collect the rest of the $350 in FanCash.
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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 Promo Code
Follow these steps to claim your welcome offer and place your first bet on Wednesday's NBA slate.
- Create an account and enter promo code COVERS350 during registration.
- Make a qualifying deposit of at least $10 to fund your account.
- Place a $20 or larger bet on any game from Wednesday's NBA slate at odds of -500 or longer.
- Return each day for the next six days and place a qualifying bet to earn $50 in FanCash daily, for a total of $350.
Want to learn more before you sign up? 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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