Christmas Eve brings one of the quietest sports nights of the year, but football fans can still get their fix with Hawaii vs. California in the 2025 Hawaii Bowl at 8 p.m. ET. With the latest Fanatics Sportsbook promo code CBSFAN, new users can bet and get up to $2,000 in No Sweat Bets in FanCash on the action, while carrying the bonus into a busy Christmas of NBA and NFL games. Get the latest Fanatics Sportsbook promo code CBSFAN here:

For the full terms and conditions and how to claim the promo, read our Fanatics Sportsbook promo code review.

Explaining the Fanatics Sportsbook promo code CBSFAN

Here's how to utilize the latest Fanatics Sportsbook promo code CBSFAN. New users just need to apply your offer in the bet slip and place a cash bet of at least $1 on any sport with odds of -500 or longer. Then you can repeat this process up to your first 10 days with Fanatics Sportsbook and if your daily wager settles as a loss, courtesy of Bet Insurance Rewards, you'll receive your stake up to $200 back in FanCash. In total, users could receive up to $2,000 in FanCash, if your bet loses all 10 days. This promotion is available to eligible users in states where Fanatics Sportsbook legally operates (outside New York).

New users must opt-in and wager $1+ cash on any market with odds of -500 or longer to receive your stake up to $200 back in FanCash with Bet Insurance Rewards if the bet loses (issued when qualifying wager settles). The 10-day period begins when you create your account. FanCash issued with this promotion expires seven days from the date it's issued. See full Promo Terms and FanCash terms in the Fanatics Sportsbook app. Want to get started? Click here to get started:

Cal vs. Hawaii betting preview

Hawaii makes its return to its home bowl for the first time since 2019, and the Rainbow Warriors will play in their first bowl game in Timmy Chang's four years as head coach. Hawaii went 8-4 this year after four straight losing seasons. The Rainbow Warriors are coming off a 27-7 win over Wyoming in their final game of the season, led by 289 passing yards by star freshman quarterback Micah Alejado. He's thrown for 2,832 passing yards this season.

Cal is playing in its third straight bowl game, but it has lost back-to-back bowls. Cal fired head coach Justin Wilcox, and will be coached by Nick Rolovich on Wednesday. The Golden Bears enter at 7-5 with two wins against ranked programs over their final three games. Cal defeated No. 21 SMU, 38-35, in its final game and Rolovich's debut as interim head coach. For college football betting, Hawaii is a 1.5-point favorite in the latest Hawaii Bowl odds at Fanatics Sportsbook. Click here to get started:

Christmas Day NFL betting preview

The NFL's Christmas takeover continues with a three-game slate on Thursday that may not feature the same postseason implications for the majority of the six teams in action that were suspected when the schedule was announced, but it still features some of the most popular franchises in the sport, with two of the three games having playoff significance. The Kansas City Chiefs host the Denver Broncos at 8:15 p.m. ET in the final game of the slate, and the Broncos are tied for the best record in the AFC at 12-3. Meanwhile, the Chiefs are down to their third-string quarterback after knee injuries to Patrick Mahomes and Gardner Minshew over the last two weeks.

For NFL betting, the Broncos are 13-point favorites in the latest Week 17 NFL odds at Fanatics Sportsbook with an over/under at just 36.5 total points. The other Christmas Day games feature the Cowboys (-6.5) vs. Commanders at 1 p.m. ET, and the Lions (-6.5) vs. Vikings at 4:30 p.m. ET. Claim the latest Fanatics Sportsbook promo code CBSFAN here: 

Responsible Gaming

All bettors need to practice responsible gaming. Fanatics has tools and resources for its users like the ability to take timeouts, as well as voluntary self-exclusion measures. Fanatics shares links, emails and phone numbers for local and national problem gambling helplines, including 1-800-GAMBLER.