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Fanatics Promo Code 2024: How to Unlock Rewards & New Player Deals

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Type:
Welcome Bonus
Cashable:
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Requirements (WR):
-
BetFanatics Sports Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
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Get ready for an incredible new customer offer from Fanatics that will satisfy basketball fans across the US. Sign up today, place a qualifying bet of at least $5 and you can get a Fanatics deposit bonus of up to $1000.

This slam dunk of an offer is easy to use and you don’t even need a Fanatics promo code to get your bonus bets. If you want any further details on this incredible welcome offer, I’ve got everything you need in this guide, including my expert tips for successfully using your bonus bets.

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License
Virginia (US) Lottery Board
Company
FBG Enterprises Opco, LLC sportsbook
Website
sportsbook.fanatics.com
Available Languages
EN
Overall Rating
4.5/5
  • Bonus Offer
    4.6/5
  • Bonus Wagering
    4.3/5
  • Bonus Withdrawal
    4.3/5
  • Rewards & Loyalty Program
    4.3/5
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Last Updated on 25.06.2024
Fact checked by: Jackson T. Pierce

Tip off: Introducing the Fanatics deposit bonus

Visit any online sportsbook and there’s an excellent chance you will see a banner displaying the latest welcome offer for new players. These welcome offers are designed to encourage new customers to sign up by awarding them free bets, matched deposits and other incentives. In the case of Fanatics, you can claim ten bonus bets to use on the basketball markets of your choice. Each bonus bet is valued at 100% of your deposit. All you have to do is simply sign up, make a deposit and place a qualifying wager of $5 or more.

And if you think that sounds like an incredible offer (and why wouldn’t you!?), then you’ll also love the Fanatics FanCash scheme and the array of other bonuses for existing Fanatics players. All of these offers are easy to claim and they all help to add extra value to your account. I’ll have more on those offers later in the article, but for now, I’m going to give you the full lowdown on that great fantastic Fanatics sign up bonus.

How to shoot for a Fanatics deposit bonus

To ensure you successfully get hold of your Fanatics sign up bonus, I have put together a simple, step-by-step guide. Follow these steps and the bonus will be yours  in no time at all:

  • Check your availability – Fanatics is currently available in 12 US states (with more to follow in the near future). So to qualify for the Fanatics sign-up offer you need to be at least 21 years old and located in one of the following states:
ColoradoMarylandTennessee
ConnecticutMassachusettsVermont
IowaOhioVirginia
KentuckyPennsylvaniaWest Virginia
  • Download the app – Fanatics is an app-only sportsbook platform. Therefore you need to download their mobile app via the Google Play store or App Store. Alternatively, you can visit the Fanatics website and scan the QR code provided.
  • Register – After downloading the app, you need to sign up for a new account. This can be done by hitting the ‘Bet Now’ button on the app homepage and filling out the registration form. This requires your full name, email address, postal address, date of birth and the final four digits of your social security number. Please note, you do not need to apply a Fanatics promo code at any stage of this process. 
  • Verify your account – You will then receive an email from Fanatics asking you to verify your account by clicking a link.
  • Add funds – To qualify for the Fanatics deposit bonus you need to add at least $5 to your account. You can do this via ApplePay, PayPal or wire transfer. Although, bear in mind that the minimum deposit via wire transfer is $500, compared to $5 for the other methods.
  • Place your bet – Your balance will be updated instantly, so now it’s time to place your bet. This can be on any basketball market as long as the odds are -200 or greater and the bet is for at least $5.

Using your Fanatics deposit bonus

As soon as your qualifying bet settles, it’s time to receive your bonus. Here’s how it works:

  • The bonus is awarded in ten daily instalments.
  • Each bonus bet is equal to the amount of your initial deposit.
  • The maximum amount you can receive per day is $100 in bonus bets.
  • Each bonus bet expires after seven days.
  • To convert each bonus bet into real cash you need to wager it once.

Compare the deal against rival offers

If Fanatics is a legal sportsbook in your area, you will be able to see a comparison table below. Take time to explore and compare how Fanatics’ bonus offer compares with its competition.

Second quarter: Five great tips for using a Fanatics deposit bonus

As you can see, this is one of the best sportsbook promotions on the market for basketball fans. But whilst the Fanatics sign up bonus offers fantastic value, what you really want to know is how to successfully use your bonus bets. To help you on your way, I have put together my five essential tips for using this promo and turning your bonus bets into real cash:

Join at the right time

If you love betting on the NBA, there’s little point in joining Fanatics in the middle of the Summer as you won’t be able to use your bonus bets on the league. However, if you want to place your bonus bets on the Summer Olympics basketball tournament, then Summer is the perfect time to join. Before registering your account, check out the fixture schedule. This will reveal if there are suitable upcoming games for you to use your bonus bets on.

Use your bonus bets sensibly

This bonus provides a huge amount of value. Having ten bonus bets totalling up to $1,000 means you have a lot of bonus money to play with. But don’t get too carried away! Instead, stick to your usual betting strategies. Thoroughly research your bets and look for preferential value. This will give you the best chance of converting those bonus bets into withdrawable cash.

Don’t forget to claim each bonus bet

This is a multi-layered welcome offer, and to get the maximum amount of ten bonus bets, you need to access your account on each of your first ten days at the site. Of course, you might not want to place a wager on each of those ten days, but as each bonus bet is valid for seven days you’ve got a nice window for placing each bet. To ensure you do not miss out on any of your bonus bets, set yourself a daily phone reminder for each of the ten days.

Explore Fanatics

If you’ve read my full Fanatics review, you’ll know that the app is home to a huge collection of basketball betting markets. There are markets covering major (and minor) leagues taking place all over the world, and within each fixture you can find hundreds of betting options. There are moneylines, spreads, totals and a variety of other bet types. You can even place same game parlays or futures wagers.

In short, you have a myriad of options for using your Fanatics deposit bonus. So don’t just dive in and place bets on the first games you see. Take the time to fully explore the site and locate the most suitable basketball bets to use your bonus on.

Check the terms and conditions

Like all sports betting bonuses, the Fanatics sign up bonus is subject to alteration at any point. There could be changes to terms such as the minimum odds requirements, the expiry dates of the bets and/or the value of each bonus bet. There might even be a Fanatics promo code introduced at some point. If you fail to satisfy all of these conditions you could end up wasting your bonus or not being able to claim it at all. To make sure you successfully meet the full requirements of the promotion, carefully read the full terms and conditions on the app before signing up.

Third quarter: Pick up these rebound offers at Fanatics?

After you have used (and hopefully succeeded with) your bonus bets from the Fanatics sign-up offer, it’s time to check out the offers available on the Fanatics promo page. As is the case at all sports betting sites, the promotions at Fanatics will change regularly, so try to visit the page often to see what is on offer at the time. To help you understand how to use the offers at Fanatics, here are two regular sports betting bonus types explained:

Same-game parlays: These bets are available on all major basketball markets at Fanatics. Whilst a standard parlay bet involves predicting the outcome of multiple fixtures, or events occurring within multiple fixtures, a same-game parlay requires you to predict multiple events occurring within the same fixture.

For instance, a same-game parlay on a matchup between the Denver Nuggets and the Dallas Mavericks could include the following same game parlay:

  • Mavericks to win.
  • Luka Doncic to score 32+ points.
  • Nuggets to score under 110 total points.

For a same-game parlay to be successful, all three elements of the bet would need to win.

Odds boosts: These are often available on major events such as March Madness or the NBA Finals. As the name suggests, these offers give a boost to the odds on a selected market. For example, you may find that in the run up to the NBA Finals, the odds on the Boston Celtics winning the title are boosted from +275 to +500. In most cases, these odds boosts are only on offer for a limited time. Also, in some cases, they are only offered to a select few customers.

Final quarter: Stay loyal and earn FanCash

Loyalty is rewarded handsomely at Fanatics thanks to the generous FanCash scheme, which is one of the best loyalty programs you will find at any sportsbook. This program rewards you with FanCash every time you place a bet – get enough FanCash in your account and you can exchange your balance for bonus bets. For every single bet you place on the Fanatics app, you will receive 1% back in the form of FanCash. For parlay bets this increases to 3%, whilst same-game parlays earn you 5% in FanCash.

As your FanCash account grows, you can redeem your balance for bonus bets and even Fanatics merchandise. The conversion rate for FanCash is $1 in bonus bets for every $1 in FanCash. So if you have $40 in FanCash you can redeem your balance for a $40 bonus bet. You then have 90 days to use that bonus bet and any winnings are yours to keep.

Refer-a-Friend

You can also top up your FanCash balance by using the app’s refer-a-friend scheme. Send the bespoke referral link on your account page to your friends and if any sign up and place a bet, you will both receive $50 in FanCash.

Introducing the Fanatics deposit bonus for new players

Join Fanatics today and you can get yourself a fantastic welcome offer of ten free bonus bets to use on your favourite basketball markets. Each bonus bet is valued at up to $100. The offer is easy to claim, and in this section of my guide, I will explain exactly what you need to do to get your ten bonus bets.

Claiming your Fanatics deposit bonus in four easy steps

  • Step one: As Fanatics is an app only betting platform, the start of my journey towards the Fanatics deposit bonus required me to download the brand’s mobile app. This can be done for free via the Apple App Store or the Google Play store. A direct link to the app can be found through a QR code on www.Fanatics.com.
  • Step two: Next, I had to register for a new account. After opening the app, I hit the Bet Now button and filled out the short registration form. Submitting this form generated a verification email from Fanatics. I clicked the link in the email and my account was open. There’s no Fanatics bonus code to apply and the whole process takes no more than 2-3 minutes.
  • Step three: I then had to make a deposit into my Fanatics account. This transaction can be made via Apple Pay, PayPal or wire transfer. To get the full value of the bonus, the maximum you can deposit is $100, but a deposit of just $5 will qualify for the rewards.
  • Step four: Finally, I had to place a bet. This wager needs to be for the full value of your deposit and at odds of -200 or greater. The bet can be placed on any basketball market and as soon as it settles, you will receive the first of your bonus bets.

How to withdraw your Fanatics deposit bonus

The Fanatics deposit bonus is awarded in ten instalments, with each bet being equal to the value of your initial deposit. So if you make a $20 deposit, you will receive ten $20 bonus bets. I received my first bonus bet via a pop-up on the app immediately after my qualifying bet settled.

Subsequently, I received bonus bet pop-ups on each of the following nine days. The expiry date for each bonus bet is 72 hours and any winnings from the bets are yours to keep.

Pitfalls to avoid when using your Fanatics deposit bonus

To get the maximum amount of ten bonus bets, you need to access your account on each of the first ten days after your qualifying bet settles. So even if you have no intention of placing a wager, don’t forget to log in to the Fanatics app and claim your bonus bets.

Also, make sure you use each bonus bet within 72 hours. If you fail to do this, the bet will be removed from your account. If it helps you avoid this scenario, set a daily alarm on your phone to remind you to sign in and claim/use your bonus bets.

Verdict: Don’t miss your Fanatics sign up bonus

This is a fantastic bonus offer for basketball fans. It is extremely rare to find a welcome bonus that gives you ten times the value of your initial deposit. Better yet, there are no wagering requirements attached to the bonus bets, so if you land any successful wagers, the winnings are yours to keep. The whole process for claiming the Fanatics deposit bonus is user-friendly and you should not have any issues in receiving the bonus bets. Good luck!

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Sports Bonus
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Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
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Conclusion: Incredible value

Wow! When it comes to bonuses, Fanatics really know what they are doing. The Fanatics sign up bonus is one of the very best I ever used. The value is outstanding, the offer is simple to claim and having ten separate chances to land a winning bonus bet. And because the wagering requirements of each bet are just x1, any winnings are yours to keep. What’s not to love?

The FanCash loyalty program is also an outstanding feature. The cashback rewards are extremely generous, so if you play regularly at the site, you will be able to claim a steady supply of bonus bets and other great rewards.

A minor negative is that the range of existing bettor offers is not quite on the same level as many other sportsbooks. However, as Fanatics continues to grow in popularity and becomes available in more locations, I expect to see more and more new promotions being offered on the app. Overall, if you are looking for some fantastic basketball betting bonuses, I can thoroughly recommend signing up at Fanatics today.

Sports Bonus
4.5/5
BetFanatics
Sports Bonus
4.5/5
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
Welcome Bonus
|
T&Cs apply, 21+
Go to BetFanatics
Get Bonus

Fanatics deposit bonus: FAQs

👀 Do I need a Fanatics promo code?

Not at present. Many online sportsbooks ask you to apply a promo code in order to receive a promotion, but this is not currently the case at Fanatics. If a Fanatics promo code is introduced at any point, I will update my bonus guide with full details.

🧐 Am I eligible to join Fanatics?

That depends on your location. Fanatics is currently licensed and available in 12 US states, including West Virginia, Ohio and Kentucky. However, it is widely anticipated that the app will be launching in a number of other states in the near future. Check out my Fanatics brand guide for full information on where the app is available.

🔎 How do I play at Fanatics?

Fanatics is an app only sportsbook, which means you cannot place bets directly via their website. Instead, you need to download the Fanatics app via the App Store or Google Play store. If you prefer, you can download the app by scanning a QR code provided on the Fanatics website. Check out my Fanatics guide to find out how to use the brand’s app.

🎁 How do I get my Fanatics sign up bonus?

By downloading the Fanatics app and completing the registration process. This process takes no more than a few minutes and all the details you need can be found in my Fanatics deposit bonus guide.

🏀 What are the basketball betting markets at Fanatics?

Fanatics is home to a rich array of basketball betting markets. These markets cover leagues and competitions all over the world, but there is a big focus on the NBA, WNBA and NCAA. Within each fixture, you will find hundreds of markets, including moneylines, totals, spreads and same-game parlays. Check out my Fanatics brand guide for more information on this.

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BetFanatics Bonus Details
Sports
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
Type: Welcome Bonus
Requirements (WR): -
Min. Deposit: -
Cashable: Yes
Promo Code
Go to BetFanatics
Get bonus now
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