Updated: Jan 17, 2023
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It’s not every day that one of the world’s largest apparel companies releases an online sportsbook.
With tens of millions of customers and a $31 billion valuation, Fanatics is hoping to take on the big hitters in the sports betting industry with the release of its newly branded sportsbook.
Since this is such a massive brand that’s fully immersed in the sports world, bettors wouldn’t be wrong to anticipate plenty of promotions and rewards from this site.
Who knows, they may even throw in your favorite team’s merch if you become a loyal customer.
With this in mind, we’re going to cover everything promo related about Fanatics’ sportsbook so that you can know what’s in store before you even sign up.
BetFanatics Sportsbook Promo Code
While the exact welcome offer is yet to be revealed, we suspect BetFanatics will take the risk-free wager route.
Since it’s a highly anticipated launch, we wouldn’t be shocked if the welcome offer was greater than $1,000 — similar to what Caesars previously offered — but for now, we’ll stick with the conservative estimate of $1,000.
If you’ve never heard of risk-free bets, these are promos that give you cover, guaranteeing you a refund in case you suffer a loss.
For example, if Fanatics offers a $1,000 risk-free bet, you’ll get a refund of up to $1,000 should your first wager on the site go bust.
The other route could be a deposit match offer.
With this, Fanatics will give you a bonus equivalent to the amount you’ve deposited.
However, there are usually caps in place that prevent bettors from wrongly taking advantage of such offers.
This type of promo often only applies to your first deposit on the site.
If BetFanatics goes this route, we think they’ll offer a $1,000 deposit match offer.
There could also be a small freebie thrown into the mix, as many new sites are known for offering no deposit bonuses.
Here, you can anticipate something in the range of $25 to $50.
Whichever promo ends up being offered by BetFanatics, remember to use our promo code, BESTODDS, as you’re signing up to ensure that you get the welcome bonus.
And if you’re new to online betting and want to take advantage of other future offers, we suggest familiarizing yourself with the following key terms:
- Total Bonus Available: The ultimate max you can claim from an offer.
- No Deposit Bonus: A freebie given by a site to new users.
- Free Bet Offer: Bonus bets that can’t be split into smaller bonuses.
- Risk Free Bets: Wagers that offer you guaranteed refunds.
- Bonus Code: A special combo of characters that unlocks an offer.
Do BetFanatics’ Promo Codes Expire?
All sportsbook promos have an expiry date, Fanatics included.
In the case of a risk-free bet, sites typically give players between 7 to 14 days due to the lax wagering requirements accompanying such offers.
As for deposit match bonuses, you should be given at least 30 days, as the wagering requirements are usually higher with such offers.
BetFanatics No Deposit Promo Code
If you have a no deposit promo code, you can claim a free bonus without needing to deposit or risk anything.
For instance, you can be rewarded with $25 just for joining a site.
However, such promos are rare to come across, so if BetFanatics ends up offering something like this, we encourage you to take advantage of such an offer.
BetFanatics Deposit Match Bonus
With a deposit match offer, you’re in control of how much you can receive from a promo, as it depends on your initial deposit amount.
A sportsbook will advertise the percentage they’ll match, though most usually offer a 100% rate.
For instance, Fanatics could have a $1,000 deposit match welcome offer.
In such a scenario, any amount you deposit will be doubled, up to $1,000, with the bonus issued as site credit.
BetFanatics Free Bet
Free bets are commonly awarded as part of sports promos, e.g., you can get a $10 free bet by betting on the NBA Finals.
Free bets tend to be of lower value, and you can’t split them into smaller denominations.
This means you have to use any free bet you receive wholly as it is.
For instance, a $10 free bet can’t be split into smaller $5 wagers.
BetFanatics Risk-Free Bet
If Fanatics opt for a risk-free bet promo, which we believe they will, you’ll receive a refund if you lose your first or qualifying wager.
For instance, if you stake $500 on the Golden State Warriors to win their next game and they end up losing, you’ll receive $500 back.
This refund will either be in the form of site credit or as a free bet.
How To Redeem BetFanatics Sportsbook Promo Code
To get the BetFanatics welcome offer, you’ll need to sign up and use a valid promo code.
In case you’ve never done so, you shouldn’t worry.
Below, we’ve simplified the sign-up procedure, and it’s almost as simple as buying merch from their online store:
- Head over to the official BetFanatics website using one of our links. Alternatively, you can manually head over to the website or download the app.
- Tap the “Register” or “Join” button.
- Enter all the necessary personal details on the sign-up form.
- The site will also need your SSN — don’t worry, this is required for verification purposes.
- Enter a valid bonus code in the appropriate box.
- Review everything, agree to the terms, and then click submit.
- After your account has been verified, you’ll get the offer you signed up for.
Check Bonus Funds On BetFanatics Sportsbook App
If you’ve claimed a promo and you’re eagerly waiting for its arrival, you can use the app to check whether the funds have been credited.
Just go to your account balances; any bonuses from BetFanatics will show up here.
Also, if you add an event to your bet slip, you should be able to see the bonuses you can use to place this wager.
How Long Do Bonus Funds Take To Arrive?
Like most sportsbooks, BetFanatics issues bonuses quickly.
It should take at most 48-72 hours for bonus funds to reflect on your end. In case it takes unusually long for the funds to arrive, we suggest contacting BetFanatics’ customer care team.
Playthrough & Wagering Requirements
With all bonuses, rollover requirements are usually involved.
Essentially, this dictates whether it will be easy for you to turn the bonus funds into withdrawable cash.
A general rule of thumb is that the lower the rollover, the easier it will be to convert the funds into money you can cash out.
For example, if you receive a $200 bonus with a 5x rollover, you’ll need to play through $1,000 ($200 × 5) if you want to unlock such a bonus.
Sports Specific Bonuses
Apart from the BetFanatics welcome offer, here are other sports-specific promos that the site has:
- There are no NBA promos currently
- There are no NFL promos currently
- There are no NHL promos currently
Other Fanatics Sport Promos
- BetFanatics hasn’t listed any sports promos currently
Promos Outside The Regular Sign Ups
Online betting sites usually feature other offers apart from the welcome offer and the other sports-specific bonuses.
Here are a few examples of such promos:
Refer A Friend
Some sportsbooks reward you when you bring your friend into the action.
To claim such a promo, a betting site will give you a referral code or link that you are supposed to share with your pals.
Your friend will then need to sign up using your link, and when they make their first deposit, you’ll be rewarded with a bonus.
- There are no weekly challenge promos currently
Promos Worth Considering
- Fanatics merch
State Specific Bonuses
All the promos that BetFanatics has are the same across the board.
So regardless of your state, you’ll get access to the exact great offers.