Fanatics Sportsbook Promo Code & Bonuses

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Fanatics Sportsbook is available in Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, and West Virginia, with other states soon to follow. Sign up with Fanatics Sportsbook and claim a welcome bonus worth up to $1,000. No Fanatics Sportsbook promo code is required

As Fanatics enters the burgeoning online sports betting market, it brings an instantly recognizable brand. And with a quality $1,000 welcome bonus we have little doubt that Fanatics Sportsbook will be one of the top books in the US in little time. Let’s take a deeper look into what Fanatics is bringing to the table in terms of its welcome offer, banking options, betting markets, and more.

Fanatics Sportsbook Promo Code for June 2024

Open a new account with Fanatics Sportsbook in June and instantly qualify for a $1,000 welcome bonus. You do not need a Fanatics Sportsbook promo code to be eligible. Keep reading for more information.

Fanatics Sportsbook Promo CodeNone needed
Welcome BonusUp to $1,000 in FanCash
Terms & Conditions• Daily bet & get for ten straight days
• First bet matched 100% from $5 to $100
Minimum Deposit$5
Payout Speed2-3 Business days
Best Deposit Options• Online bank transfer
• Apple Pay
• Wire Transfer
Rewards ClubFanCash
Best Sport to Bet onMLB - Great multi-game parlays
PromosFairly common and lucrative
Legal StatesAZ, CO, CT, IA, IL, IN, KS, KY, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, & WV
Promo Code Valid InJune 2024

Terms and conditions apply to all offers. Please see Fanatics Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER.

What To Know About the Fanatics Welcome Bonus

Fanatics is offering a lucrative welcome bonus to all new users, no promo code required to claim this special sign-up offer. Here is how it works:

  • After signing up, you’ll need to deposit at least $10 into your account to take advantage of the bonus offer.
  • Then, the first bet you place daily for your first ten days will be matched 100%. The minimum daily match is $5, the maximum daily match is $100.
  • Your opening daily bet is matched whether it wins or loses.
  • To claim the full $1,000 in FanCash, you’ll need to bet $100 for ten straight days.

The way FanCash works is unique to Fanatics Sportsbook. You can elect to turn your FanCash into bonus bets or use it to buy merchandise at Fanatics’ online store. The conversion rate for both options is one-to-one. You can divide FanCash up into different bonus bet amounts. For example, if you received $100 in FanCash you could convert that into four $25 bonus bets. Those bonus bets must be used in their entirety.

Signing Up at Fanatics Sportsbook 

The Fanatics homepage is very well designed and easy to navigate. This makes it a breeze to sign up for a new player account if you are at least 21 years old and physically located within a state where you can legally access Fanatics Sportsbook. Provided you meet these prerequisites, just follow the steps below and you will have a new account in minutes:   

  • Head to the Fanatics Sportsbook website on your desktop or compatible mobile device.
  • Look for the sign-up button in the top corner of the page. Click on that.
  • Fill out the information requested, including your name, address, email address, and last four digits of your Social Security number.
    • Fanatics needs this information to verify your age.
  • You will need to grant Fanatics access to view your location so it can confirm you are in a state where it is legal to use the software.
  • Select a username and a strong password to protect your account.
  • After the form is complete and your age/location is verified, you are all set to bet.

After setting up your account, we recommend downloading the mobile app to maximize your experience. The desktop software is fine, but it can be occasionally buggy. You can download the app right from the Fanatics homepage.

Lastly, do not forget about the $1,000 Fanatics promo code sign-up offer you will receive after creating your account.

Where Is Fanatics Sportsbook Legal?

Fanatics Sportsbook is legal in 20 states, those states are Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, and West Virginia. 

In some states, you also can play at Fanatics Casino.

In an effort to quickly roll out the sportsbook product into many other states, Fanatics acquired the US operations of PointsBet Sportsbook in May 2023. 

What Sets Fanatics Sportsbook Apart? 

Even though it is well known in the merchandising world, players might be skeptical of trying an online sportsbook from Fanatics. Rest assured that the product is actually very good! We were happy with our trial of the software. It revealed multiple bright spots and a great variety of betting markets.

Granted, the fact that Fanatics is so new cannot be ignored. It does have a bit of work to do in catching up with established competitors like FanDuel Sports and BetMGM Sportsbook. With time, we are confident that it could be a major player in the sports betting world.    

Highlights of Fanatics Sportsbook

  • Fun rewards program – The Fanatics Sportsbook rewards program pays out in FanCash. The more you bet, the more FanCash you can rack up and spend on cool merch or even bonus bets.
  • Great live betting experience – Fanatics allows players to wager on games while they are underway and provides detailed statistics and fantastic odds in a simple, streamlined manner.
  • Variety of available sports – Fanatics features a huge number of sports that players can wager on, including more obscure sports like cycling and esports. If you love to bet on field hockey, Fanatics is the site for you.

What Needs Improvement  

  • Minimal banking options – Fanatics is still expanding in the United States and is working to add more deposit and withdrawal options for players. Right now, the list is quite small.
  • No option to watch live – Even though players can live bet while an event is happening, there is currently no way to watch live and follow your bet when using Fanatics Sportsbook.
  • Occasionally buggy desktop site – There is a reason we recommend using the app. The desktop software is functional but occasionally hangs up or simply does not respond.

Fanatics Sportsbook Pros & Cons

Here’s a quick look at some of the pros and cons of Fanatics online sportsbook.

✅ $1,000 welcome bonus for new users🚫 No website, currently app only
✅ Reputable and well-known brand🚫 Unproven, given its new nature
✅ Highly rated software, powered by Amelco🚫 Limited banking options to start
✅ Diverse and lucrative promos offered regularly
✅ Well-designed mobile app

How Do Deposits and Withdrawals Work at Fanatics Sportsbook? 

Right now, the banking options at Fanatics are, unfortunately, scarce. There are only a few methods for depositing and withdrawing funds. There is a silver lining, however. With the recent acquisition of the PointsBet US brand and assets, Fanatics is sure to have access to a wider variety of financial methods quickly.

Even though there are only a few banking options, we were pleased that the process for depositing and withdrawing was fast and simple. Deposits are instantly credited, and withdrawals take only a few business days to process. Experiences and availability will vary by state, so be sure to review your options carefully when banking with Fanatics.

Options to deposit funds: 

  • Bank transfer
  • Apple Pay
  • Wire transfer

The minimum deposit for bank transfer and Apple Pay is $5. You will be happy to know that Fanatics does not impose a fee for deposits (although your bank may).

Options to withdraw funds 

  • Bank transfer
  • Check by mail
  • Wire transfer

Withdrawal options are even more limited, with the notable loss of Apple Pay as an option. Check by mail is nice to have, but it will take at least a week to receive your money via this method. The minimum withdrawal amount is just $1, and again Fanatics does not impose any fees on withdrawals.

Fanatics Sportsbook in Conclusion

If you are willing to give a new sportsbook a try, you might well be happy with Fanatics. Just because it is new to online sports betting does not mean it is new to sports; Fanatics has been a globally renowned sports merch brand for more than a decade. It is a trustworthy company that has put money into developing a great sportsbook product.

The highlight of the sportsbook is its welcome offer, which gives you up to $1,000 in bonus cash. Once you give Fanatics Sportsbook a try, you will see that the interface is well-designed, intuitive, and fun to use. There is a great variety of sports to bet on and a fun rewards program to keep you betting. Admittedly, it does need some work before it can be considered a top-tier online sportsbook in the league of, say, DraftKings Sportsbook. First and foremost, Fanatics needs to focus on expanding its banking options and launching in additional legal states.

Sportsbook similar to Fanatics

If you’re looking for online sportsbooks that are similar to Fanatics, we suggest checking out these reviews:

Fanatics Sportsbooks FAQ

What is the Fanatics Sportsbook promo code?

Sign up with Fanatics Sportsbook today and you automatically qualify for the $1,000 welcome bonus, no Fanatics promo code is required. Learn more in the Fanatics promo code section above.

What is the easiest way to cash out wins from Fanatics?

Bank transfer is currently the easiest and fastest way to withdraw funds. The minimum to withdraw is only $1.

How long do cashouts take at Fanatics?

Receiving withdrawn funds can take anywhere from 24 hours for a wire transfer to a week or longer when receiving a check in the mail.

Is Fanatics Sportsbook safe?

Fanatics is backed by a multi-billion dollar corporation, and security is top-notch on the site.

Do you have to live in a specific state to use Fanatics Sportsbook?

Residence is not required to use Fanatics in Massachusetts or Maryland, for example, but you do need to be physically located within the legal state when using the sportsbook. In short, visitors are welcome.

About the Author

Mike Epifani

Mike Epifani

Casino Content Manager
Mike Epifani is a gambling expert and professional writer with more than a decade of industry experience. His current role is Brand Content Manager at Bonus.com, part of the Catena Media network. Mike has written hundreds of guides on online casinos, casino gaming, sports betting, sweepstakes sites, and lottery play.
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