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Fanatics Sportsbook promo code and review for 2025: Up to $1,000 in No Sweat Bets

Fanatics Sportsbook promo code offers players up to $1,000 in No Sweat Bets. Check out our comprehensive Fanatics betting app review for more details

ByCohensCornerAZUpdated: Jan 31, 2025 8:14PM UTC . 18 min read
fanatics-sportsbook.png

Fanatics Sportsbook has become one of the best sportsbooks in the industry over the last year, partly due to their FanCash rewards program and strong Fanatics Sportsbook promo code for new users. Click the CLAIM BONUS button on this page to get up to $1,000 in "No Sweat Bets." 

Though Fanatics does not have a desktop site, the sports betting app has a lot to like for both smaller and larger players. In this in-depth review, you'll find everything you need to know about Fanatics Sportsbook.

Fanatics Sportsbook $1,000 promo code

Fanatics' new user promo is unique and rewards moderate bettors who will wager daily after signup. With no promo code required upon registration, Fanatics offers $100 in "No Sweat Bets" for 10 straight days, which applies only to the first bet you make daily. For example, if you bet $100 on Day 1 and opt in to the promo when placing the bet, you would receive a $100 bonus bet the following day if your bet loses. If the $100 bet wins, you would receive your stake and winnings in cash. To maximize the full value of the promo, a customer would need to repeat $100 bets for the first 10 days after creating a new account. The bonus bets must be used within seven days or they will expire.

Fanatics welcome bonus terms and conditions

  • The bonus is available to new customers only.
  • Must apply the promotion to your bet slip and place a cash wager of at least $5 with odds of -500 or longer.
  • A maximum of $100 in "No Sweat Bets" will be awarded daily for the first 10 days after registration if the first bet from the prior day, with the bet token applied, is graded as a loss.
  • Bonus bets will equal the amount of the losing wager(s) up to $100 in bonus bets per day.
  • The bonus bet amounts are not included in any cash winnings, nor are they transferable or refundable.
  • The bonus bets expire after seven days.

How to sign up for Fanatics Sportsbook and claim the promo code

  1. Click on the link in this article to begin the process.
  2. Use the QR code to download the Fanatics app.
  3. Register with your personal details including name, email, address, and date of birth.
  4. Submit the required documentation, such as a photo ID, if requested.
  5. Make your first deposit of at least $10. You can use various deposit methods including PayPal, Venmo, ApplePay, debit card, credit card and bank transfer.
  6. Place your first wager of at least $5 to be eligible for the promotion.

Fanatics Sportsbook promos for existing users

Fanatics offers a nice selection of other boosts and bonuses in addition to its welcome bonus. Here's a brief look at the promotions for existing users.

Profit boosts

Fanatics keeps it fairly simple daily. They offer between one and 10 profit boosts ranging from 10% to 50%, mostly for parlays and same-game parlays. They seem far less restrictive with SGP guidelines from an odds perspective compared to DraftKings, which tries to restrict heavier favorites in those bets. Whereas both FanDuel and DraftKings tend to favor sport-specific boosts, Fanatics does not, which favors those who like to play cross-sport parlays.

No Sweat Bets

While not offered nearly as frequently as profit boosts, Fanatics offers "No Sweat Bets" where a loss results in a refund of your wager as a bonus bet similar to other online sportsbooks.

Deposit matches

Fanatics will occasionally offer deposit matches for existing users. The most common offer I've seen is deposit up to $100 and receive a bonus bet for 50% of that amount. The bonus bet must be used within seven days or it will expire.

FanCash

This is the key to the Fanatics experience. This rewards program gives you credit back on each of your bets that you can use towards the Fanatics store or to be redeemed for bonus bets. The longer the bet's odds, the higher the percentage of FanCash you can earn. For odds above +9000, players can earn 10% of their bet back when the bet settles. It's a fantastic program that is more useful to me than any of the competitors, including DraftKings, which similarly allows users to cash in their bet credits for bonus bets or merchandise. I prefer the Fanatics store, which offers more expansive shopping options compared to DraftKings' store.

Featured parlays

Similar to Caesars and FanDuel, Fanatics offers daily pre-made SGPs and/or parlays as another feature for players looking for action on a sport or game.

Referral bonus

Fanatics offers a relatively simple and easy to claim referral bonus. If a referral of yours registers and makes a bet of at least $20, you'll both get $100 in FanCash.

How does the Fanatics Sportsbook promo compare to other sportsbook bonus offers?

Fanatics has one of the most unique welcome bonuses of any sportsbook. Here's how it looks compared to the best sportsbook welcome promos in the industry.

Sportsbook

Bonus Offer

Promo Code

Fanatics

Up to $1,000 in No Sweat Bets (up to $100 each day for 10 days)

No code is required

BetMGM

Up to $1,500 in bonus bets back if your first bet loses

SPORTSLINE

FanDuel

Bet $5, Get $200 in bonus bets if your bet wins

No code is required

DraftKings

Bet $5, Get $200 in bonus bets instantly

No code is required

bet365

Bet $5, Get $150 in bonus bets instantly

SPORTSLINE

Caesars

Bet and Get Up to $1,059 in Bonus Bet

SportsLine1000

Now, let's take a look at these promos in a bit more detail.

BetMGM Sportsbook promo

The BetMGM promo code functions as a first bet insurance. What this means is that at BetMGM, if your first bet loses, you will receive your stake in bonus bets up to $1,500.

FanDuel Sportsbook promo

The FanDuel promo code features a different type of common welcome bonus structure, known as a "bet and get." New FanDuel users who place a winning bet of at least $5 will receive $200 in bonus bets. The need for the bet to win takes the deal down a notch, though the $200 in bonus bets is big for this promo structure.

DraftKings Sportsbook promo

Another bet and get bonus can be claimed with the DraftKings Sportsbook promo. This offer does not require the user to win their first bet while matching the bonus bets offered by FanDuel.

bet365 Sportsbook promo

Yet another bet and get option is the bet365 promo code, which similarly awards new customers $150 in bonus bets upon signup and making the first bet of at least $5. Similar to DraftKings, you do not need to win the bet, but the $150 is lower than DraftKings' promotion.

Caesars Sportsbook promo

New users who bet at least $1 on their first wager will receive a Bonus Bet of up to $1,059 back if their bet loses, equal to the stake of the Qualifying Wager. If a new user places more than one wager on their first bet slip, the first listed wager on the bet slip will be considered the Qualifying Wager. The bonus bet if received will be active for 14 days and is not withdrawable as cash or as part of winnings. Unused profit boosts will expire.

A review of the Fanatics user experience

I found the user experience on the Fanatics app to be elite. Here's a functional breakdown of how the app looks and works.

fanatics-sportsbook-app.png

Fanatics Sportsbook app design

Fanatics' design is one of the slickest in the industry, which is aided by team logos and player pictures to enhance the visual appeal. I have not run into any trouble navigating the app as the search feature on the bottom right will easily direct me to the more obscure leagues, tournaments or matches if I want to bet on them. The visual appeal of this app might be my favorite of all the top sports betting sites, surpassing FanDuel and DraftKings.

Bet slip and process of placing a bet

On the Fanatics app, simply select the bet(s) you like and they will be added to the bet slip at the bottom of the app. The wager amount will be shown as will any available promotions and the amount of FanCash to be earned if the selections are parlayed. To expand the bet slip if necessary, swipe up. Bets can be cleared via the trash can icon next to the individual pick or at the bottom of the expanded screen. The process is easy and user-friendly. Same-game parlays can be easily added and will group themselves together automatically unlike DraftKings, where a player must click the SGP section within an individual sporting event. Any line or prop that can be included in an SGP is designated with a small symbol next to the odds.

Bet tracking and My Bets

The "My Bets" tab at the bottom of the app displays Open, Live, and Settled bets. Any cashout offers will be shown in the Open and Live tabs. For those who like more specific wager categories for bet tracking, DraftKings offers more options.

Cash-out offers

Fanatics Sportsbook will allow you to cash out your bet right away after placing it if the game has not started yet. This allows users to get a refund on a bet if it was placed by mistake. 

If you wait to cash it out, though, and an odds shift takes place that is not in your favor, the cash-out offer will be less than the amount you bet. 

As far as live cash-out offers during games, keep in mind that sportsbooks are in business to make money. You are highly unlikely to ever get a cash-out offer at truly fair odds. Hedging with a bet on the opposite outcome of your initial wager for a percentage of the potential payout will usually create more value than accepting the cash-out offer. 

This is true of cash-out offers across sports betting apps, not just Fanatics Sportsbook. 

Fair Play

A relatively recent addition to Fanatics Sportsbook is the Fair Play initiative. If a user bets on a player prop in any professional sport and the player is ruled out after the event has started due to an injury, the prop bet will be voided. This also includes legs of a parlay.

It's a nice gesture from the sportsbook, as many prop bettors have been affected by a player going down soon after the game starts. 

User experience final thoughts

The only gripe I would have with Fanatics Sportsbook from a user experience standpoint is the lack of a desktop site. However, I wouldn't consider this a major issue as most sports betting is done on mobile anyway. Finding sports and leagues and placing a bet is easy with Fanatics. While they don't offer many betting options outside of straights and parlays (unlike bet365 Sportsbook, which is much more complicated with its wagering options menu), the book caters to smaller and larger bettors alike. Withdrawal times are fantastic in my experience and are another reason why I enjoy using this sportsbook often.

Sports and betting markets available to bet on Fanatics

You won't find the industry's largest selection on Fanatics, but it certainly has you covered in the more popular sports and leagues. 

Sport

Bet types

Baseball

Money lines, point spreads (run lines), totals, futures, props

Basketball

Money lines, point spreads, totals, futures, props

Boxing

Money lines, money line three-way, method of victory, round betting, go the distance

Cycling

Winner, futures

Darts

Money lines, match betting, legs, correct score, 180s

Football

Money lines, totals, point spreads, futures, props, novelty bets

Golf

Futures, head-to-heads, props

Hockey

Money lines, totals, point spreads (puck lines), futures, props

MMA

Money lines, futures, winning method, round totals

NASCAR

Futures, winner, placing, specials, finishing position

Rugby Union

Money lines, point spreads, futures, margins, three-way, props

Soccer

Money lines, goal spreads, totals, props, futures

Table Tennis

Winner, set betting, correct score, total match games, money lines, futures, totals

Tennis

Winner, set betting, correct score, total match games, money lines, futures, totals

Quality of odds

Fanatics doesn't offer nearly the amount of betting props as DraftKings or FanDuel, especially when it comes to futures. Fanatics also doesn't offer as much flexibility for alternate lines as the other books do with college basketball sides and totals.

I like them for golf, however, as they more often than not offer "winner without" markets, meaning you can bet the tournament as if the favorites weren't playing. That's a crucial odds feature that very few, if any, other books offer.

Fanatics Sportsbook banking options

Fanatics doesn't quite offer the banking flexibility of FanDuel or DraftKings, but there are still multiple ways you can deposit and withdraw your funds.

Deposit methods

Credit card deposits are not accepted at Fanatics Sportsbook.

Popular Methods

Fees

Process time

Min. Deposit

Online banking via Trustly

None

Instant

$10

Debit Card

None

Instant

$10

PayPal

None

Instant

$10

Venmo

None

Instant

$10

Apple Pay

None

Instant

$10

Other Deposit Methods




Paysafe (cash at retail)

Varies (see Paysafe terms and conditions)

Up to 24 hours

$10

Wire Transfer

Bank fees may apply; no Fanatics fee

Up to 24 hours

$5000

Withdrawals methods

When you navigate to the withdrawal area of the app, you will see both saved methods and other available methods.  

It's important to always note that you cannot use a withdrawal method until you have first deposited with it, so not every option may be showing in your account if you have not deposited with it yet.

Withdrawal Method Fees Maximum withdrawal Process Time

Online banking via Trustly

None

N/A

Instant

Debit card

None

Visa: $100K per day, $250K per week, $500K per month; Mastercard

$50K per month

Less than 24 hours

PayPal

None

N/A

Less than 2 hours

Venmo

None

N/A

Less than 2 hours

Paper Check

No

N/A

7-10 business days

How fast are Fanatics Sportsbook withdrawals?

Based on my experience, the e-wallet withdrawals are the fastest in the industry. I've never waited more than a few minutes to get any payout from Fanatics, and somehow they're even faster than the speedy DraftKings. 

Compared to BetMGM and even FanDuel, Fanatics is at warp speed with these withdrawals. Other than PayPal and Venmo, online banking transfers are available instantly while paper checks may take 7-10 business days.

Customer support

When I clicked on the profile icon at the top-right corner of the home screen, it took me to a screen that then featured a "Chat With Us" option also in the top-right corner. That button immediately connects to the live chat service within Fanatics Sportsbook customer support. 

From there, a chatbot will ask what best describes the reason for your chat. I chose from the list of options that included accounts, betting, promotions and more. I typed in "agent" to try to be connected with somebody in customer support, but before the chatbot would connect me, it asked for the email address associated with my account. It then asked me to briefly describe the problem. 

Email support is also available by emailing support@betfanatics.com. An FAQ section is also available on the app. 

If you search "Fanatics Sportsbook phone number," the number that comes up is only for purchases from the Fanatics apparel store. Even if you ask the automated system for sports betting help, it will text you a link for help from the Fanatics store, so there is no real phone support at this time for Fanatics Sportsbook. 

Overall, the Fanatics Sportsbook customer support system is satisfactory, but if you are an experienced bettor, you will often find you know more about betting market issues than the customer support staff regulated sportsbooks hire. 

Fanatics Sportsbook Responsible Gaming tools


Responsible Gaming is not nearly as prominent on Fanatics Sportsbook's homepage compared to other sites. A link can be found at the bottom of the homepage of the app linking to a more detailed webpage. Even lower on the site, there's text that reads: "Gambling Problem? Call 1-800-NEXT-STEP or text NEXTSTEP to 53342."

Fortunately, halfway down the account screen (clickable at the top) is where players can change their RG settings. The next is titled "Before you bet, have a plan" and features a clickable "All responsible gaming" section.

User tools

This section links to additional menus for user limits, reality check, timeout, self-exclusion and restrict deposit methods. The additional menus are very thorough and self-explanatory.

Other sections with drop-down menus featuring resources and links include problem gambling resources, know your limits, self-exclusion procedures, responsible gaming information, account information, parental controls, staff awareness and training, as well as contact, which gives an email address and live chat link.

Fanatics does a fine job of giving users the options and tools to keep their betting under control if necessary.

App rating and user feedback (as of 1/24/25)


Apple App Store (iOS)

Google Play (Android)

Rating

4.8/5

4.7/5

Reviews

85k

18k

The vast majority of reviews are positive with the exception of the app glitching and individual customer account troubles.

Final verdict for Fanatics Sportsbook review

I'm a big fan of the Fanatics Sportsbook and will continue to use this platform in part because of the FanCash rewards platform. While the betting options, especially for props and futures, aren't nearly as detailed as DraftKings or FanDuel Sportsbook, Fanatics makes up for it with cashback rewards that can be applied to merchandise or free bets. The app is smooth and easy to navigate, though the presence of a desktop sportsbook would make a better betting experience for me and others who prefer using a computer.

Another key perk of Fanatics Sportsbook is the quick e-wallet withdrawals, most of which I receive within minutes. From my perspective, this is the industry standard of payments that other sportsbooks need to try and replicate.

Honest feedback on how Fanatics Sportsbook can improve

  • Offer more futures and prop lines. Compared to other sportsbooks, Fanatics' betting menu in these areas is limited.
  • Offer a desktop sportsbook product. Mobile is good for most users but some people, like me, prefer using a computer when researching and making bets.

Fanatics Sportsbook FAQ

Where is Fanatics Sportsbook legal?

Fanatics Sportsbook is legal in 22 states, including Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia and Wyoming. Fanatics is also available in Washington D.C.

How long does it take to withdraw money from Fanatics?

E-wallet withdrawals and bank transfers are available within minutes, while checks may take 7-10 business days.

Does Fanatics Sportsbook offer a desktop version?

No, Fanatics Sportsbook is available via mobile app only.

How Does Fanatics 'Bet and get up to $1,000 in No Sweat Bets' welcome promo work?

Customers can apply the daily bet token on one bet they make in each of the first 10 days after registration. If the bet loses, they will be refunded up to $100 in a bonus bet each day based on their wager size if the bet loses. Bonus bets expire 7 days after issuance.

Do you need a promo code for the Fanatics Sportsbook welcome bonus?

No promo code is necessary to receive the welcome bonus.

Does Fanatics Sportsbook have good customer service?

Fanatics Sportsbook only has live chat and email support (support@betfanatics.com). No phone number is available. The live chat is 24/7, which is good in the sense that it's available whenever you need it, but you will always have to ask the chat bot for an agent if you want to communicate with a real person. 

Does Fanatics Sportsbook have a loyalty program?

Yes, FanCash rewards are earned with every bet with between 0.1% and 10% being applied depending on the odds and size of the wager. These rewards can be redeemed for bonus bets or at the Fanatics online store.

Does Fanatics Sportsbook support same-game parlays?

Yes, any SGP-eligible bet will be noted with the SGP symbol next to it.

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Eric Cohen
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