Apparel giant Fanatics has branched out into sports betting with a brilliant new product: Fanatics Sportsbook.
When you sign up for an account with the Fanatics Sportsbook promo code offer, you can get up to $1,000 in bonus bets spread over 10 days.
There’s no actual promo code for this promotion, so you can get started easily with this link.
As of Feb. 15, Fanatics Sportsbook is operational in 12 states: Colorado, Connecticut, Iowa, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, Tennessee, Vermont, Virginia and West Virginia.
About the Fanatics Sportsbook offer
Since this promotion is a bit more complex than other welcome offers, we’ve outlined the important terms to keep in mind when signing up.
- You’ll need to opt-in to this promotion daily and place a cash bet of $100 each day you opt-in. If you miss a day, not to worry you can still opt-in and claim this promotion the next day.
- Everyday you bet $100 in cash, you’ll get $100 in bonus bets. Your eligibility for this offer runs for the first 10 days after your activation. Thus, if you opt-in everyday and meet the wager requirements, you’ll get $1,000 after the 10 day period.
- Your first cash bet must be on a market with -200 odds or longer (-175 would work, +110 would work -350 would not).
We’ve provided a few examples below to demonstrate how this offer can be deployed.
How to use the Fanatics Sportsbook promo code offer
The promotional situation at Fanatics is a bit different; the structure is unique and bonus bets earned can be spent on apparel as well as wagers.
You can find a variety of merchandise on the traditional Fanatics website, with everything from a “Teenage Mutant Ninja Turtles” half-zip to a Kyler Murray jersey.
Based on the nature of this new customer offer, you’ll need to bet for 10 days to earn the full $1,000. Check out the examples of daily wagers below.
First Day: You bet $100 in cash on the Grizzlies to cover the +11.5 spread (-108) against the Bucks and Memphis ends up covering, you’ll get $92.59 in profit and keep your cash stake. If the Grizz get blown out, you’ll forfeit the cash stake.
Regardless, you’ll get $100 in bonus bets because you placed a $100 cash wager.
Second Day: You start the day with a $60 cash bet on the Texas A&M moneyline (+120) against Alabama on the hardwood. If the Aggies win, you’ll get $72 in profit and keep your cash stake. If the Crimson Tide win, you’ll forfeit the $60 stake.
Either way, you’ll get $60 in bonus bets. Since your first cash wager of the day was $60, you’ll only be eligible to earn that amount in bonus bets; your bonus bet value is tethered to the value of your first cash wager.
Third Day: You forget (or choose not) to opt-in this day. You won’t earn any bonus bets for your wagers. That said, you can still opt-in the following day.
Say on the fourth day, and the following six days, you choose to opt-in, you’ll still be eligible to collect up to $100 a day in bonus bets. As mentioned, the bonus bet amount reflects your first cash wager of the day.
If you place a cash bet of $75, you’ll get $75 in bonus bets. If you place a cash bet of $100, you’ll get $100 in bonus bets.
How to sign up with Fanatics Sportsbook
The legal betting age in all 12 states where Fanatics Sportsbook currently operates is 21 or older. Additionally, you’ll only be able to claim this offer if you’re a new customers i.e. have not already signed up for an account.
You can still wager at Fanatics even if you don’t actually live in a state where they legally operate. Say you live in New York but are visiting Virginia for a long weekend, you can sign up for an account — using your legal home address — while you’re in the Lovers State.
Critically, you’ll need to opt-in to this promotion everyday. You’ll need to place an initial cash wager of $100 each day for 10 days to get the full $1K value.
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