Fanatics Sportsbook Promo Code COVERS350 Awards $350 FanCash for NFL Week 7 Bets & More

Carson Deveau - Betting Editor at Covers.com
Carson Deveau • Sports Betting Editor 3+ years betting experience
Updated: Oct 22, 2026 , 07:40 AM ET • 3 min read

Use the Fanatics Sportsbook promo code COVERS350 to bet $20 and get $350 in FanCash on NFL Week 7, NBA, and World Series action.

Claim FanCash with the Fanatics Sportsbook promo code.
Photo By - Claim FanCash with the Fanatics Sportsbook promo code.

Looking for the best sportsbook promos on Oct. 22? New users who enter the Fanatics Sportsbook promo code COVERS350 can bet $20 and get $350 in FanCash. Use your first qualifying wager on Thursday's NFL Week 7 opener, an NBA game, or the World Series to start earning.

DraftKings

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 Works

The Fanatics Sportsbook promo rewards new customers over a full week of betting. Your first qualifying bet counts as day 1, and a wager on Patriots at Bears on Thursday Night Football, Cavaliers at 76ers, Nuggets at Thunder or Game 1 of the World Series between Milwaukee and Tampa Bay would all work. From there, you unlock $50 in FanCash each day for seven days, worth $350 in total.

Here are the key terms and conditions to know before you sign up:

  • The offer is for 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 qualifying bet must be at least $20 on any sports market with 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.
  • The offer is not available in New York.

The outcome of your first bet does not change the bonus. If you bet $20 on the Patriots at Bears game and your wager wins, you collect your winnings and still unlock your first $50 in FanCash. If that bet loses, you still unlock the same $50 in FanCash for day 1.

The same applies to any other game you choose, including Cavaliers at 76ers or Game 1 of the World Series. To collect the full $350, place a qualifying bet each day for seven days and use each day's FanCash before it expires.

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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 activate your welcome offer and place your first qualifying bet.

  1. Click the link to create your Fanatics Sportsbook account and enter promo code COVERS350 during registration.
  2. Deposit at least $10 to fund your account.
  3. Place a $20 or larger bet at odds of -500 or longer on Thursday's NFL, NBA, or World Series action.
  4. Return daily for seven days and place a qualifying bet each day to unlock $50 in FanCash, for $350 in total.

Want more details before you sign up? Read our 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.


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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