Fanatics Sportsbook Review

Fanatics Sportsbook is a relatively fresh face to online sports betting, but it is a familiar name to sports fans. Fanatics has long held the title of one of the most prominent American sports merchandise providers, and sports betting is simply the company’s latest venture. 

Fanatics purchased Australian sports betting giant PointsBet in 2023 and recently assimilated the former market leader into their branding. Fanatics Sportsbook has become a well-established, reputable online sports betting site with even more room for growth despite only being around for a short time.

Fanatics Sportsbook has also done an extraordinary job of adding new users by providing incentives like the current welcome bonus. The Fanatics Sportsbook promo will be explained in the next section so you can discover how to earn up to $1K in bonus bets.

The current Fanatics Sportsbook welcome bonus is one of the most uniquely structured offers in the industry. You can get back up to $100 in bonus bets daily for 10 days, reaching a maximum of $1,000 in bonus bets. This offer doesn’t require you to use a Fanatics Sportsbook promo code.

As is typical of welcome bonuses, you must be a new registrant at Fanatics Sportsbook to claim it. The minimum deposit required is $10 to qualify for bonus bets. You also must opt in daily to receive your bonus bet match. Only your first wager daily applies to the promo; it must be at least -200 odds to count. For more information on understanding odds, check out our betting guides page.

For example, if you were to deposit and bet $50 on your first bet on your first day after registration, you would earn $50 in bonus bets. Any bet on that first day made after the initial one is irrelevant to the promo.

Again, the maximum bonus you can earn with the Fanatics Sportsbook promo is $1,000. To unlock the promo’s total bonus, you must wager $100 or more all 10 days after you sign up. As we mentioned, make sure you opt-in daily, or you won’t be eligible for the bonus.

In addition to the primary Fanatics Sportsbook welcome bonus, a few existing user promos are available. You can find excellent offers like the Fanatics Rewards program and odds boosts on select sports. We’ll explore these in the next section.

If there is one complaint regarding Fanatics Sportsbook, it would be the overall lack of bet-specific existing user promos. However, the Fanatics Rewards program is one of the best in the industry, providing you cash back on every wager you place. You can also routinely find odds boosts to increase your profits.

As will be discussed later in this Fanatics Sportsbook review, the primary mechanism that the site functions off of is FanCash. FanCash can be exchanged directly for prizes and accumulates as you place bets. The average percentage contribution for a bet is around 3% in FanCash.

FanCash you earn through Fanatics Rewards can also be used to purchase officially licensed league merchandise. For example, if you place a $100 long-odds parlay with a 5% contribution rate, you would get back $5 in FanCash. Eventually, you might rack up enough FanCash to purchase a jersey from your sports team or any other item from the Fanatics store.

Fanatics Sportsbook is the only online sports betting site with a rewards program that functions this way. This is truly what makes Fanatics Sportsbook unique. 

At Fanatics Sportsbook, you can routinely find odds-boost promotions to help you earn some value back on your bets. For example, if Fanatics is offering a 50% profit boost on a bet, that means that if your bet wins, you receive a 50% boost on any winnings you would have had otherwise.

So if you place a $50 bet at +100 odds, your typical profit would be $50. With a 50% boost, this now moves to $75. This can be an excellent “boost” to your winnings both in the short-term and long-term. Look out for these promos at Fanatics Sportsbook daily as they can be lucrative for your bankroll.

In general, users will find the experience with Fanatics Sportsbook to be excellent. Despite not having a fully functional desktop site, the platform works well off its mobile app. The design of the interface is relatively modern and the layout is quite cohesive.

Users will quickly find that navigating Fanatics Sportsbook is easy, with every tab clearly labeled. It will not matter if you want to make a deposit, place a bet or claim a promo. Everything can be handled quickly and efficiently.

Figuring out how to place a bet was easy, too, with odds and lines for all individual markets clearly labeled. Fanatics Sportsbook also has explanations attached to each bet type if you’re unsure of what you’re potentially betting on. 

Creating bets like same game parlays is easy with the bet builder functions, and testers we’re able to figure it out without adhering to much of a learning curve.

We particularly enjoyed the live-streaming features at Fanatics Sportsbook. We like having the ability to watch games we bet on to see if they’re likely to win or lose. The Early Cash Out feature also works well as long as it is used correctly. 

We always advise riding a bet out, considering your premature cash-out offer will be lower than the accurate equity of it, but it’s still a solid function that can be used when you’re in a bind.

One of the critical features we noticed that put Fanatics Sportsbook near the top of these sports betting site rankings is the variety of bet types within each betting market. Bettors can find almost any market, with more types available within prominent betting markets. 

Overall, the testing process experience allowed us to look upon Fanatics Sportsbook favorably. We recommend Fanatics Sportsbook to anyone looking to add another online sports betting site to their rotation when odds shopping.

Signing up for a brand-new Fanatics Sportsbook account is simple. Look at the steps below to ensure that you complete the registration process as efficiently as possible:

It’s that easy. It should take just a few minutes to complete the registration process and start wagering on your favorite sporting events wherever you are.

As mentioned, Fanatics Sportsbook works exclusively on mobile devices. There is no desktop site to place your bets on, only to sign up for a brand-new account and check out ongoing promos. Most of the essential functions of the sportsbook must be completed in-app.

The Fanatics Sportsbook mobile app is available for iOS devices in the App Store and Android devices in the Google Play Store. This encompasses a vast majority of mobile devices.

Overall, the app runs smoothly and has a clean, modern interface. The app’s layout stands out given that everything is quite easy to locate. Placing bets is easy, with labeled odds, lines and markets broken down into individual tabs.

Experienced sports bettors would recommend the Fanatics Sportsbook app to anyone looking to bet on sports from their mobile device as long as it is available in your state.

As mentioned throughout this review, Fanatics Sportsbook has been able to make significant strides in its early days. The platform has various features, making it an excellent place to bet on sports. Let’s discuss them.

Fanatics Sportsbook has one of the best catalogs of customization options for same game parlay building. A same game parlay is precisely what it sounds like; it’s a parlay that incorporates all legs from the same game. 

This is an extension of the excellent betting market variety at Fanatics Sportsbook. So, to create your next same game parlay, look at Fanatics Sportsbook first.

The Fanatics Sportsbook mobile app is outfitted with one of the best live betting menus in the industry. You can bet on any market available with pre-game lines, plus additional odds only available in a live betting format.

Have you ever placed a bet and immediately regretted it afterward? Fanatics Sportsbook’s Early Cash Out feature is in place to rectify the situation. There are many uses for this effective tool. Whether it’s to buy out before a bet begins or to secure profit prematurely, you can use Early Cash Out to handle it.

It is important to note that Early Cash Out isn’t available for all your wagers at Fanatics Sportsbook. It’s typically only available for straight bets on major markets. Occasionally, you might get a cashout offer for a parlay or niche market, but it’s rare.

Fanatics Sportsbook offers the ability to live-stream select events. This can help you stay in on the action and keep tabs on your pending wagers instead of constantly checking the box score. Live streaming is not available for every market at Fanatics Sportsbook, but it is available for many prominent markets like the NFL.

Fanatics Sportsbook differs from Fanatics Casino, but the two are intertwined in Michigan, Pennsylvania and West Virginia. There is the option to seamlessly transfer funds between your two accounts if you’re in one of these three states, maximizing the flexibility.

Fanatics Sportsbook is excellent in handling transactions on and off the site. We found that some of the banking options you have with Fanatics aren’t even offered by some of the bigger players in the industry. This wide variety gives you optimal flexibility when you want to cash out your winnings or deposit to get started.

However, there is one downside to transaction processing at Fanatics Sportsbook. If you deposit with one method, you must also use that same method to process a withdrawal. For example, if you were to deposit using your debit card, you’d be forced to withdraw back to your debit card. Keep this in mind when you’re looking to process a withdrawal.

Below is a comprehensive list of the payment methods available at Fanatics Sportsbook, broken down into deposit and withdrawal options.

Typically, withdrawals take a couple of business days to process and complete. However, this can take much more or less time based on the transaction method you use. 

There are a handful of key terms and conditions to be aware of when making transactions at Fanatics. Here’s what you should know:

Every sportsbook implements its own minimum transaction limits for both deposits and withdrawals. At Fanatics, the standard minimum deposit limit is $5 for debit card, instant bank transfer, PayPal, Apple Pay, and Venmo. 

Withdrawals, meanwhile, have an incredible $1 minimum when withdrawing via the following methods: Instant bank transfer, debit card, Venmo, and PayPal. That is largely unprecedented within the industry. 

This part is important. If you wish to make a withdrawal at Fanatics via instant bank transfer, debit card, and/or PayPal, you must have used that method to deposit. 

For example, if you used a debit card to deposit funds into your Fanatics Sportsbook account, you will then be able to withdraw funds using that same debit card. Same goes for bank transfers and PayPal.

However, if you do not have a saved payment method on file, you will only be able to withdraw funds via Venmo or by check in the mail.  

Fanatics has the right to ask for additional identity verification information at any time. Oftentimes, this request will come prior to making large transactions. Sometimes, it could occur if suspicious activity is found on your account.

They could request that you provide a valid, unexpired form of identification like a state-issued ID card, driver’s license, or a passport card.

Most online sports betting sites have a similar number of betting markets with relatively comparable odds. Fanatics Sportsbook is included in this assessment, delivering a wide variety of betting markets and bet types within each market. Below is a chart demonstrating what is available at Fanatics Sportsbook.

This chart doesn’t include every bet type but does include most. You can find abundant player and game props for specific sports and other exotic markets.

Fanatics Sportsbook has a customer support system that indicates an elite online sportsbook like its most notable competitors. You can find a 24/7 live chat feature, an email response method and the Fanatics Help Center when you’re looking for assistance. However, Fanatics Sportsbook does not offer phone line support, which is a glaring omission.

You can access the 24/7 live chat feature at any time using the “Chat with Support” function from the main landing page of the Fanatics Sportsbook mobile app. To contact customer service via email, use support@betfanatics.com to reach them. 

The most efficient way to contact customer support is the live chat, given that it can take multiple days to receive a response via email. Often, you will receive a live chat agent’s help within minutes of your inquiry.

Before you reach the need to reach out via these two methods, you can gloss over the Fanatics Help Center to see if your question can be answered there. This functions as an FAQ section for the site, so the responses are more generalized. If you have a more specific question about your account, heading immediately to the live chat is your best course of action.

An uncommon way to reach Fanatics Sportsbook’s customer support team is by social media. You can contact Fanatics Sportsbook on X (formerly known as Twitter) or Facebook. Response times are prolonged going this way in most cases if you even receive a response at all.

When we contacted each service method individually, we realized how amicable every agent we encountered was. Everyone at Fanatics is willing to assist you and resolve your problem quickly, whatever it may be.

Overall, you can feel comfortable knowing you have a customer service team ready to help with any need at Fanatics Sportsbook due to their 24/7 live chat availability. 

Despite its newness, Fanatics Sportsbook competes with the biggest brands in the industry, including DraftKings, but does it really stack up? Let’s take a look:

Both DraftKings and Fanatics cycle through welcome bonuses of different structures throughout the year. You could prefer one over the other at any given time. DraftKings, however, offers a larger selection of bonuses and promotions to existing users than Fanatics.

While we enjoyed the Fanatics reward program, which falls more under the category of user experience, DraftKings’ commitment to its users through promotions and odds boosts gives it the win in this category.

This is a much closer contest than we thought it would be, given DraftKings’ long-standing presence as a leader in the online sportsbook industry. Ultimately, both sportsbooks’ functional speed on the site and the app are about the same, and the layout and UI are a matter of personal preference.

Fanatics also stands out with its FanCash rewards program. It’s unique in that you can redeem Fanatics merchandise with your rewards, and not just bonus bets. This perk, and the high quality of Fanatics interface gives it an edge in this category

Both Fanatics and DraftKings provide a long lineup of betting markets and coinciding bet types for each sport. The two sportsbooks also offer niche markets like cricket, motor sports, darts and lacrosse, among several others. Our testers are giving a narrow nod to DraftKings here, though, since they offer more bet types than Fanatics for these niche markets and some of the more popular markets as well. 

We view the DraftKings and FanDuel app as the best apps in the industry. They are the fastest, sleekest and simplest to use. Fanatics doesn’t have a bad app, and given that it’s relatively new, it works better than expected. There were no bugs or obvious issues, but the navigation and betting process on the DraftKings app was just a more fluid, intuitive experience for us.

While Fanatics did edge out DraftKings in the user experience category, and we do love the FanCash rewards program, DraftKings is too good everywhere else. DraftKings offers better incentives to existing users, has a stronger app overall and a wider selection of bet types. We recommend using both sportsbooks as they each have a lot to offer, but if we had to pick one, we would pick DraftKings.

If you still have more questions about Fanatics Sportsbook and all it offers, we have compiled a list of answers to the most frequently asked questions below.