Fanatics Sportsbook

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One of the biggest apparel companies on the planet is ready to make a splash in the sports betting world.

Online sports betting continues to surge stateside, with the likes of DraftKings, FanDuel, Caesars, and BetMGM dominating the space.

The latest competition for these sites?

BetFanatics was founded by Fanatics Inc., a company that you probably know for selling official sports merchandise for the major American leagues.

While it may seem unusual for such a company to jump into the sports betting ring, we’ve seen plenty of sports-adjacent brands succeed after launching online sportsbooks.

In fact, DraftKings and FanDuel started as DFS sites before eventually launching sportsbooks.

With this in mind, we’re going to cover everything about the Fanatics Sportsbook, from the bonuses on offer to the sports that you can bet on.

Let’s start! 

Pros & Cons Of BetFanatics Sportsbook

Pros:

• Reputable US brand
• The brand has a core focus on sports
• Plenty of sports-centric promos
• Mobile-first sportsbook

Cons:

• Not available in many states
• Still relatively new to online betting

Would We Place Sports Bets At BetFanatics Sportsbook?

Fanatics Sportsbook is a great place for sports bettors to check out.

In an already packed industry, this is a mobile-first sportsbook backed by one of the biggest sports brands in the nation.

While we’re usually cautious with brands seeking to capitalize on the sports betting craze, Fanatics’ intentions are quite clear.

The team is composed of some people with vast experience in the sports betting scene, including some big hitters from FanDuel and DraftKings (such as the CEO of Fanatics Betting and Gaming, Matt King, who was previously at FanDuel).

With this in mind, you can look forward to plenty of top features from Fanatics and a betting experience that’s likely to shake up the industry’s big dogs.

Betting Odds Quality

The quality of the odds at BetFanatics is somewhat similar to most other betting sites.

You may occasionally find valuable odds on a few bets, but in most games, you’ll be dealing with similar prices offered by other sportsbooks.

This isn’t to say that the odds are good or bad, but it’s just that the odds in most major events tend to be streamlined these days.

In-Depth Look At BetFanatics

Though the BetFanatics Sportsbook is still in its early days, the brand has been around for decades and is a staple part of American culture, with most knowing it for its official merchandise for the NFL, NBA, MLB, NHL, and other top leagues and sports.

The company was founded in 1995 as a retail storefront in Florida and eventually grew an online presence during the 2000s, catapulting the company to greater heights.

Michael Rubin and GSI Commerce acquired the company from founders Alan and Mitch Trager in 2011, later turning their $200m+ investment into a brand now worth $31 billion — now that’s an investment right there!

With such foresight, Michael Rubin —  a previous partner of the Philadelphia 76ers basketball team from 2011 and the New Jersey Devils hockey team from 2013 — knew that the next step for such a sports-focused brand was to jump into the sports betting ring.

A Fanatics Betting and Gaming division was then set up, with Matt King, formerly of FanDuel, the CEO of Fanatics betting and the one to spearhead the project.

In May 2022, Fanatics applied for a “BetFanatics” trademark with the U.S. Patent and Trademark Office, and the sports betting app and site went live in plenty of states in early 2023.

BetFanatics Bonus Details

While there’s not much known about the promo that Fanatics will use, we can use past launches in the sports betting industry to anticipate the type of promo it will be.

We strongly suspect it will be a large risk-free bet, given that most sportsbooks have used such offers during launch and also because it’s the most common type of welcome offer right now.

Their risk-free offer may surpass $1,000, but the safer bet is banking on it being somewhere around $1,000 or slightly below.

If you’re unaware of what a risk-free bet is, basically, it’s when a sportsbook offers you a refund if you lose your first or qualifying wager.

The other option could be a $1,000 deposit match offer.

With this, the betting site will match your first deposit up to a certain amount.

In the case of a 100% up to $1,000 deposit match offer, you’ll receive a $1,000 bonus if your first deposit is worth $1,000.

Some sportsbooks offer a 50% deposit match, but most stick to the standard 100% match rate.

With BetFanatics, we’re sure that any deposit bonus provided by the company won’t be less than 100%.

You can contact customer support to learn the most up-to-date bonuses or check the Fanatics promotions page.

Registration Process At BetFanatics

Sportsbooks like BetFanatics often have simplified sign-up procedures, so you don’t have to worry about lengthy registration processes.

Furthermore, you can only claim the welcome offers by signing up.

So if you’re interested in claiming the BetFanatics welcome package, just follow these steps:

• Use one of our links or manually head over to the BetFanatics homepage.
• Click the “sign-up” button.
• Provide the site with your personal details. These include your name, email, mobile no., address details, and date of birth.
• You’ll also need to provide your SSN for verification purposes.
• In case you have a valid code, enter it in the appropriate space.
• Submit all the details, and then confirm that you agree with BetFanatics’ terms and conditions.
• Once your account has been fully verified, you can claim the welcome offer.

You have to be of legal age to join the site, though the exact age will depend on your state.

While you can join Fanatics from a state that the site doesn’t operate in, you have to be located in an area where the site legally operates to be able to place wagers.

The site may also request additional documents if they need to further verify your account, and in such cases, you’ll need to provide a valid photo ID or something that proves your residency.

Once you’ve created a Fanatics betting account, you shouldn’t try creating a duplicate.

This goes against their terms of service, and you could easily lose access to both accounts if you try to do so.

BetFanatics App Experience

Being a mobile-first sportsbook, Fanatics is bound to prioritize the mobile betting experience.

This simply means that with the BetFanatics mobile app, you’ll be able to place wagers conveniently on the go.

You can do everything that the desktop site allows you, including placing bets (and live bets as well), claiming bonuses, depositing and withdrawing, and even contacting customer support.

All in all, this means that you won’t have to worry if you don’t have access to a desktop/PC.

This is one area that the Fanatics betting division has sunk millions into, with the hopes of being the modern-day mobile sportsbook.

And we’re sure that their efforts will reflect this.

Like other top sportsbooks, this betting app will be available on the Google Play Store and the Apple App Store.

GeoComply

Since BetFanatics isn’t available in every state, they’ll have to comply with federal laws by only allowing bettors in certain states to access their products.

To enforce this, GeoComply, a location tracking software, is used by many sportsbooks, Fanatics included.

This filters out users trying to access the site from unauthorized states and countries.

Even if you download a VPN, the GeoComply tracker can still tell that you’re in a state where BetFanatics doesn’t operate.

BetFanatics Site Experience

If you prefer larger screens to mobile betting, Fanatics has a desktop site that will suit you perfectly.

It features a typical sportsbook layout, with the menu situated on the left, odds and betting markets in the middle, and a space left for your bet slip on the far right.

Navigation is quick, thanks to the use of many quick links, so you can quickly place a wager in seconds in case you are running out of time.

The site’s primary colors are those of the brand, which you should be familiar with if you’ve ever hopped on the official website to purchase some merch.

All in all, you’re guaranteed an outstanding betting experience if you choose the Fanatics desktop site over the mobile app.

BetFanatics Sports Betting

Similar to all the top sportsbooks, BetFanatics features a stellar range of sports betting markets.

While you won’t find every sport under the sun listed here, there are still some decent options for you to dig into.

Here’s a list of some of the sports you can bet on:

• Basketball
• Baseball
• American Football
• Tennis and Table Tennis
• Cricket
• Mixed Martial Arts and Boxing
• Motorsports
• Soccer
• Golf
• Hockey
• Formula

Regarding the types of wagers you can place, here are the most common ones that you’ll find in all of these sports:

• Live bets
• Totals bets
• Futures bets
• Point Spreads
• Parlays
• Same-game parlays
• Moneyline bets
• Teasers
• Prop bets

Notable Features

Here are a few notable features that this sports betting site boasts:

• Promos featuring sports merchandise
• Great customer support

Understanding Betting Options

The minimum amount you should be able to wager here will probably be $1, and the maximum will depend on the sport.

More prominent sports are bound to have larger caps when it comes to the amount you can win. 

In the NBA and the NFL, the maximum win amount is typically $500,000 or $250,000, with the more niche sports having a lower cap.

Deposit & Withdrawals

It’s always important to consider a site’s payment options, as this dictates whether you’ll be able to deposit and withdraw from your account.

Sportsbooks like Fanatics usually go for the following deposit methods:

• E-wallets (Skrill/PayPal/Neteller)
• Online banking transfer
• Play+ Prepaid Cards
• (ACH) VIP preferred e-Check
• Cash at the cage
• Bank wire transfer
• Venmo
• Credit and debit cards
• PayNearMe

Most of these methods are instantaneous, but the maximum you can deposit using any will depend on the payment method in question.

Once you’ve reaped enough and want to cash out your winnings, you can make use of these withdrawal options:

• ACH e-check
• E-wallet
• Physical check
• Cash at the cage
• Venmo
• Prepaid card

The amount of time it will take to receive your cash depends on the payout method.

Prepaid cards and e-wallets are usually fast, arriving within a day, while ACH e-check usually takes around 5 business days for the transaction to be processed.

If you choose to receive your winnings by mail, the physical check will take around 10-14 business days to reach your address.

BetFanatics State Restrictions

At the time of writing, there’s nothing concrete about where BetFanatics will launch.

All we know is that they are ready for an early 2023 launch, with states like Ohio and Maryland as the most likely destinations for the brand’s debut.

CEO Michael Rubin has stated that they’re hoping to be in 15 to 20 major states by the start of the 2024 NFL football season, with the exception of New York.

Loyalty Program

Fanatics hasn’t yet announced a loyalty program, but we’re confident the site will have one once they settle in the market.

Customer Service

If you have any issues with your account, you can contact the BetFanatics team via email, live chat, or phone support.

Though it’s not yet confirmed, we’re sure that a brand like Fanatics will have 24/7 support.

In addition to the above-listed contact methods, you should also be able to contact the site using their official social media pages.

Safety And Security

BetFanatics is a licensed site that features advanced SSL encryption.

This simply means that the safety here mimics that of a financial institution, so you can relax knowing that your info and funds are constantly safe.

However, this doesn’t mean that you can be reckless and go around sharing your password with every Tom, Dick, and Harry.

To ensure account security, you need to do your part by setting up a secure username and password, and such details need to be safeguarded from all prying eyes — including your friends and close relatives.