Fanatics Sportsbook’s current promotional offer allows new users to place a $100 bet each day for their first 10 days on the platform, and if that bet loses, they’ll be refunded in FanCash equal to whatever they lost.
So say you put a $100 wager on the Philles at +150 against the Braves on your first day. If the Phils win, you’ll pocket $150 in cash, and keep your $100 wager. If it loses, you’ll get $100 in FanCash, which can be converted to bonus bets or Fanatics merchandise at a 1-1 ratio to dollars.
Fanatics Sportsbook is operating in Kentucky, Ohio, Massachusetts, Maryland and Tennessee.
It is worth noting though, Fanatics Sportsbook agreed to purchase the American arm of Australian wagering powerhouse PointsBet for $225 million earlier this summer.
As of August 31, Fanatics closed on eight states: Colorado, Iowa, Kansas, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia.
Former PointsBet customers in those states will see a combination brand headlined as, “PointsBet, a Fanatics Experience.” That moniker will also be adopted for Illinois and Indiana when Fanatics eventually goes live there, which will reportedly be later this year.
This acquisition will automatically put Fanatics Sportsbook in immediate competition with some of the existing sports betting giants like FanDuel, Caesars Sportsbook, BetMGM and DraftKings.
We’ll elaborate about the nature of this promotion, and highlight important sign-up conditions in the ensuing paragraphs.
Fanatics sign-up details
We’ve detailed the Fanatics Sportsbook sign-up process below so users can ensure they get the most value out of this promotion.
Critically, this promotion is currently only available to users in the four legal Fanatics Sportsbook states (and Kentucky) and can only be claimed by bettors who are 21 or older.
Bettors do not need to be a resident of the state to claim the offer but must be present within state limits, which the sportsbook will verify using geolocation data.
If players meet those requirements, they can use the module above to sign up for an account with Fanatics. No promo code is needed to claim this promotion or establish an account with the new sportsbook.
As noted above, desktop users will need to complete a brief survey before they can sign up.
After that, players are free to wager as they want and — as long as they place a wager of at least $50 — will get to pick an official jersey from their favorite player.