Fanatics Sportsbook Review: Bet $10+ Over 5 Days, Get $200

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Fanatics Sportsbook Review: Bet $10+ Over 5 Days, Get $200

Fanatics Sportsbook Review: Rating

Bet $10, Get $40 in Bonus Bets Daily for 5 Days

Originally in the merchandise business, Fanatics has now entered the world of online sports betting with Fanatics Sportsbook.

Pros

$500 bonus bet welcome offer

Best live betting experience

Numerous niche betting markets

Cons

No branded icons for site navigation

Limited banking methods

This 2023 Fanatics Sportsbook review goes into detail on everything that the newly created site offers. We will cover promotions, key features, banking methods, and overall user experience to determine how Fanatics Sportsbook stacks up against the competition. 

Headquarters

Jacksonville, FL

Fanatics Sportsbook is officially live and open to the public in select states. Founder and CEO of Fanatics, Michael Rubin, has acquired the services of some big hitters within the sports betting industry

Both Matt King (former CEO of FanDuel) and Ari Bod (former COO of Action Network) have been hired to join the team at Fanatics Sportsbook.

Meanwhile, Fanatics completed its purchase of PointsBet Sportsbook by way of a unanimous vote from the company’s shareholders in June 2023. Notably, Fanatics managed to outbid DraftKings Sportsbook to obtain PointsBet.

Fanatics legal states

Colorado

Connecticut

Kentucky

Massachusetts

Maryland

Ohio

Tennessee

Virginia

West Virginia

The recently launched Fanatics Sportsbook is available for download in nine states. Meanwhile, they have acquired gambling licenses from the following state commissions: 

  • Colorado Division of Gaming
  • Connecticut Department of Consumer Protection
  • Kentucky Horse Racing Commission
  • Maryland Lottery and Gaming
  • Massachusetts Gaming Commission
  • Ohio Casino Control Commission
  • Tennessee Sports Wagering Advisory Council
  • West Virginia Lottery Commission
  • Virginia Lottery

Know that the expectation is for Fanatics Sportsbook to launch in many more states in the coming months. 

Fanatics Sportsbook Welcome Bonus

Fanatics Sportsbook is welcoming its new customers with a pretty favorable offer. Sign up and bet $10 or more each day over your first five days to earn up to $200 in bonus bets.

The only way to receive the full $200 in bonus bets is to place at least $10 worth of bets for five days straight after registering. Each day’s $10+ wager will yield you $40 in FanCash (bonus bets).

Notably, FanCash can either be redeemed as bonus bets or it may be used to purchase merchandise at Fanatics. This option is something that’s unparalleled within the industry.

Just follow these easy steps to take advantage of this Fanatics Sportsbook welcome bonus:

  1. Register for a new Fanatics Sportsbook account
  2. Deposit $10 or more
  3. Place $10+ worth of bets each day for five days straight
  4. Earn $40 FanCash for each $10+ worth of bets, up to $200

Other Promotions and Offers

Unfortunately, there are no additional promotional offers available to be claimed at Fanatics Sportsbook right now. 

The registration process at Fanatics Sportsbook couldn’t be made any easier. Below, you will see the four simple steps that are required:

  1. Select your state
  2. Choose a device (Android, iOS, or both)
  3. Agree to terms and conditions  

Fanatics is currently accepting pre-registration sign-ups in all non-live states except for California and Utah. If you are physically located in one of the nine live states, then you can register on the app.

Fanatics Sportsbook is powered by international casino and sports betting provider Amelco. This section covers all of the key features that are currently available at Fanatics Sportsbook with the help of Amelco: 

You can watch games live on Fanatics Sportsbook, but not just any games, NFL games. This is the biggest standout feature of the site in our review. Not all online sportsbooks offer live streaming of sporting events, and even fewer have NFL action. 

Place bets on the go while the action is taking place in real-time at Fanatics Sportsbook. The odds update as the games are live, making for a splendid in-game betting experience all around.  

The ability to cash out your wagers before the game’s conclusion is always an underrated key feature, so we’re very happy to see it available at Fanatics Sportsbook. If you feel as though things are shifting away from your favor, Fanatics will sometimes give you the option of cashing out early. 

This key feature is unique to Fanatics Sportsbook. Just place bets and earn 5% on same game parlays, 3% on traditional parlays, and 1% on standard wagers. Later, you can redeem your FanCash for bonus bets from the FanCash page in your account.

Here are all of the available betting markets that are currently posted on Fanatics Sportsbook:

  • Baseball
  • Basketball (NBA, WNBA, and NCAAB)
  • Football (NFL, NCAAF, and CFL)
  • Golf
  • Hockey
  • MMA
  • Motor Sports (NASCAR and F1)
  • Soccer
  • Table Tennis
  • Tennis
  • Volleyball 

Fanatics falls a bit short in this category, as they do not offer many niche markets like Cricket, Darts, Handball, Lacrosse, Rugby, and Snooker. 

However, they may introduce these betting markets in the future, as they are still a fairly new operator.

You can place all kinds of bets at Fanatics Sportsbook, including moneylines, spreads, totals, parlays, same game parlays, futures, and of course, live wagers. 

When it comes to betting odds, we found that Fanatics commonly posted competitive odds against the industry’s bigger brands.  

Withdrawals, Deposits, and Payment Info

One of the best unique features of Fanatics Sportsbook is the Withdrawal Tracker. This shows you exactly where your money is in the withdrawal process so that you know when you will receive your winnings. 

Does Fanatics have some work to do before they become a heavyweight in the online sportsbook industry? Yes, but they aren’t all that far away considering the recent launch. 

Fanatics Sportsbook already provides an above-average user experience. Their site is very well designed with a user-friendly layout that doesn’t take much of a learning curve whatsoever.

Additionally, the speed of the site is top-notch with the help of Amelco. Loading times are quick, and creating/submitting betslips comes with almost no lag.  

Fortunately, Fanatics already has a downloadable mobile app for their online sportsbook—and we highly recommend downloading it on your iOS or Android device. 

Know that the mobile app owns user ratings of 4.7 and 3.8 out of five stars from the Apple and Google Play stores, respectively. 

All of the positives that we noted about the overall user experience carry over to that of the mobile experience.  

Fanatics Sportsbook is intent on keeping its customers happy, and that’s evident in its customer support.

The operator offers customer support via email, phone, and even live chat. We tried all three outlets and found them to be equally effective.

We will say though that the live chat always tends to be the most efficient way to resolve the issue(s) that you are presenting. Fanatics Sportsbook: A viable option in time 

Fanatics Sportsbook: A viable option in time 

Fanatics Sportsbook will need to implement more promotional offers if they want to become a truly viable option in the flooded market. However, there is already a lot to like about this sportsbook.

We love the FanCash program as well as the key features like NFL streaming, early cashouts, and the Withdrawal Tracker. 

We would like to see more betting markets and promotions introduced soon, but aside from that, Fanatics Sportsbook is on the right track to becoming a solid sports betting option. 

Does Fanatics Sportsbook offer live streaming of events?

Incredibly, NFL live streaming is available at Fanatics Sportsbook, which is a huge feather in its cap. 

Is Fanatics Sportsbook reliable?

Yes, Fanatics Sportsbook is a reliable operator, despite its newness. The brand is run by the likes of Matt King and Ari Bod, the former CEO of FanDuel and COO of the Action Network, respectively.

How do I withdraw my winnings from Fanatics Sportsbook?

There are three ways in which you can withdraw your winnings from Fanatics Sportsbook: Bank transfer, check, and wire transfer. 

Is Fanatics Sportsbook available in my state?

Fanatics Sportsbook is readily available to be played in just nine of the 50 states as of this point: CO, CT, KY, MA, MD, OH, TN, VA, and WV.