Fanatics Sportsbook Review

Fanatics
Fanatics
4.3
$100 bonus bet/No Sweat Bet
  • Payout Speed
    4.0
  • Bonuses & Offers
    4.5
  • Security
    5.0
  • Software & Games
    3.5
Total score
4.3

Payment Options

  • Venmo Betting Sites
    Venmo
  • PayPal Logo
    Paypal
  • Mastercard Logo
    MasterCard
  • VISA Logo
    VISA
  • Bank Transfer
    Bank Transfer

Brand Features

  • FanCash
  • Live Betting
  • Cash Out
Grant Mitchell
By:Grant Mitchell

If you’re familiar with the Fanatics online retailer where you can purchase your favorite sports player's jerseys, for example, then you’re already familiar with Fanatics Sportsbook as that company owns and operates this online betting platform—numerous investors, including Michael Rubin, rapper Jay-Z, and more, back the site.

As of October 2023, Fanatics Sportsbook is available in five states, including the more recent states to launch, such as Kentucky, Massachusetts, Maryland, and Ohio. This will surely expand, too, as Fanatics purchased PointsBet USA.

So, as we saw with PlaySugarHouse switching to BetRivers and soon Barstool Sportsbook switching to ESPN Bet, we could see some existing PointsBet branches change to Fanatics.

Upon arriving at the desktop site, you’ll find a QR code link to download the mobile app—Fanatics Sportsbook is only available on mobile devices for online play.

Overall, the mobile app is pretty easy to use. When you open it, you’re immediately greeted by the notable odds boosts for that day and FanCash, a perk you’ll receive by playing at Fanatics in which you’ll earn currency on your wagers to use toward purchases at Fanatics.

At USA Legal Betting, our experts dive deeply into online sportsbook reviews, and that will be the case for this relatively new online sportsbook, explaining where it’s legal, how to create an account, the banking methods, and much more in our Fanatics Sportsbook review below.

Fanatics Sportsbook Info

  • Established Date: August 9, 2023
  • Headquarters Location: Jacksonville, Florida / New York, New York / Manchester, UK
  • Minimum Deposit: $5 for most methods
  • Max Bonus Amount: Up to $1,000
  • Contact Email: support@betfanatics.com
Pros
Cons
  • Fast payout speed
  • Lots of Bonuses
  • No online caisno
  • Available in only 5 states

Fanatics Sportsbook: Bonuses and Promotions

Top Bonuses and Promotions

At Fanatics Sportsbook, players will have two promotions to engage with—the welcome offer and FanCash. Below, we’ll review each offer and provide in-depth information on terms and conditions. No Fanatics promo code is required for any of the following offers.

  • Welcome Bonus: For the first ten days of your account, you’ll receive a daily $100 bonus bet/No Sweat Bet. No Fanatics code is required. 
  • FanCash: FanCash is an additional “currency” you can earn while playing at Fanatics Sportsbook. You can use FanCash for purchases on the Fanatics sports merchandise site or at Fanatics Sportsbook.
  • Odds Boosts: When you log onto the Fanatics Sportsbook mobile app, you’ll find some contests/wagers that have boosted their odds. These are artificially enhanced by Fanatics to make them more enticing.

Terms and Conditions Information

  • Welcome Bonus: With the welcome bonus, you must opt into the offer. After opting in each day, you can make a wager and get it back as FanCash up to $100. The minimum wager is $1. If you lose, you’ll receive it back as FanCash and can use it later. You can do this daily for the first ten days and get your wager back between $1-$100 as FanCash. 
  • FanCash: FanCash is earned through the welcome bonus and other everyday wagers. These include Straight Bets (1% of the amount bet), Parlay Bets (3%), and Same Game Parlays (5%).
  • Odds Boosts: With odds boosts at Fanatics, you might find that there is a maximum amount you can wager on them. No Fanatics bonus code is required for these boosts.

Overview of Other Potential Bonuses

In addition to the bonuses and promotions mentioned above, we tend to see some other common ones at other sites that we could see come to Fanatics. Below, we’ll list potential sportsbook promos and provide insight into them just in case Fanatics decides to utilize them at some point.

  • Bonus Bets: These are already somewhat available with the welcome bonus, but bonus bets can also be acquired for betting a certain amount in a contest or as a deposit match.
  • Deposit Bonus: Going somewhat hand-in-hand with the bonus bets, a deposit bonus often provides a parameter for the percentage match and how much is good for. For example, a 100% match up to $1,000.
  • Loyalty Programs: FanCash is similar to a Loyalty Program, but there could be something else that becomes available that includes other perks like birthday gifts, VIP treatment, expedited withdrawals, and more.

How to Create An Account at Fanatics

Creating an account at Fanatics Sportsbook is easy. Still, it is segmented in a way that feels like a longer process than other online sportsbooks. Below, we’ll go over how to accomplish this, step by step.

  1. Download the Fanatics Sportsbook mobile app.
  2. Click “Join” in the upper right.
  3. Create an ID.
  4. Click Verify Identity.
  5. Provide your name.
  6. Provide your date of birth.
  7. Provide your phone number.
  8. Enter your address
  9. Disclose the last four digits of your social security number.
  10. Review your information and agree to the terms and conditions.
  11. After this, Fanatics will verify your location. When this is confirmed, you can make deposits and start wagering so long as you’re located within the borders of one of the Fanatics legal states.

Fanatics Deposit Methods

At Fanatics Sportsbook, there are seven ways to deposit funds into your account. Below are the minimum deposits, processing fees, and processing time for each.

MethodMinimum DepositProcessing FeeProcessing Time
Venmo$5N/AInstant
PayPal$5N/AInstant
Debit Card (Visa, Mastercard, and more)$5N/AInstant
Instant Bank Transfer$5N/AInstant
Apple Pay$5N/AInstant
Wire Transfer$5000N/AWithin 2 hours of funds being received.
Cash Cage$10N/AWithin 15 minutes of the transaction being completed. 

Fanatics Withdrawal Methods

Of those seven deposit methods, you can withdraw using five of them and use a check by mail, bringing the total to six.

Below is information about each method, including the minimum amount required to withdraw and processing times/fees.

MethodMinimum WithdrawalProcessing FeeProcessing Time
Instant Bank Transfer$1N/A2-3 business days
PayPal$1N/A2-3 business days
Venmo$1N/A2-3 business days
Debit$1N/A2-3 business days
Wire Transfer$10,000N/AUp to 24 hours
Check by Mail$10N/A7-10 business days

Sports and Leagues You Can Legally Bet on at Fanatics Sportsbook

Fanatics Sportsbook offers plenty of sports betting markets to wager on. Below, we’ll list them, and in the following section, we’ll provide more information about each. 

Fanatics Betting Markets

Football

NFL

Fanatics is one of the best NFL betting sites. Here, you’ll see some odds boosts, but the NFL is always the sport that any sportsbook, including Fanatics, will focus on. The wager types here include moneyline, point spread, totals, props, parlays, Same Game Parlays, futures, and more.

Super Bowl

We have yet to see Fanatics Sportsbook live during the big game, but we can expect them to integrate the retail site. If they do, it’ll easily become one of the best Super Bowl betting sites due to the bonuses and promotions alone.

NCAA Football

Like most NCAA football betting sites, you can wager on the weekly games and futures markets for the Heisman Trophy and National Championship.

Basketball

NBA

Fanatics is already one of the best NBA basketball betting sites thanks to its overwhelming number of futures betting markets, including betting on the NBA finals, conference winners, individual awards, divisions, and more. 

NCAA Basketball

As is usually the case with NCAA basketball betting sites, there aren’t any markets available at this review since the season hasn’t started yet. However, you can expect to bet on the games and futures betting markets, such as the March Madness winner.

March Madness

Like the Super Bowl, we haven’t seen Fanatics operate as one of the March Madness betting sites, but they’ll have plenty of promotional opportunities, especially with the retail platform.

Baseball

MLB

At the time of this review, we’re in the thick of the 2023 MLB playoffs, and based on the odds alone, Fanatics is one of the best MLB betting sites. Not only can you bet on the games, but there are still several futures betting markets, including series winners, betting on the World Series, and more. On top of betting on the World Series, you can also bet on which league will win it between the NL and AL.

Hockey

NHL

Fanatics is one of the best NHL betting sites based on the futures betting markets alone. In addition to betting on the games, you can bet on division, conference, betting on the Stanley Cup, goalie wins, individual award winners, win totals for each team, and more.

Golf

You can bet on golf at Fanatics Sportsbook. Right now, there are futures odds available for the US Open, PGA Championship, and Masters Tournament in 2024.

NASCAR Auto Racing

At the time of this review, NASCAR betting is unavailable.

Boxing

With boxing betting sites, you want to look for the best odds possible, and Fanatics Sportsbook has them, offering fights in the United States and abroad.

MMA

The best MMA betting sites  let you get a glance at future odds for upcoming cards, and that’s the case at Fanatics. Odds are available for several cards, including two UFC Fight Night’s, 294, 295, and 296. There aren’t any other leagues, such as Bellator or PFL. Thus, this is also one of the better UFC betting sites.

Horse Betting

Horse betting cannot be performed on this site.

Soccer

The best soccer betting sites have markets listed in the United States and internationally. Fanatics Sportsbook accomplishes that, segmenting things by country but also with the most popular leagues, such as Spain La Liga, Premier League, MLS, France Ligue 1, and more.

Daily Fantasy Sports (DFS)

Daily Fantasy Sports (DFS) isn’t available at Fanatics Sportsbook.

Tennis

In addition to being a tennis betting site, you can also bet on table tennis here. Traditional tennis markets are available for ATP, Challenger, WTA, and more.

Fanatics Sportsbook: Sportsbook Team Partners

As of October 2023, these are the current partnerships Fanatics Sportsbook has outside of retail casino partners in the United States.

  • Columbus Blue Jackets
  • Cleveland Guardians

Fanatics Sports Betting: Difference In Markets

All legal sports betting states are different, and below, we’ll provide some unique betting laws for the five states Fanatics is available in, where applicable.

  • Fanatics Sportsbook MA: You cannot wager on in-state college teams unless they’re in a tournament.
  • Fanatics Sportsbook KY: No restrictions on college sports betting.
  • Fanatics Sportsbook OH: No restrictions on college sports betting.
  • Fanatics Sportsbook TN: You can wager on in-state college teams, but you cannot wager on college player props or live betting props.
  • Fanatics Sportsbook MD: No restrictions on college sports betting.

Fanatics Sports Betting Odds

In comparing the odds from Fanatics to other top online sportsbooks in the country, we found they were on par regarding your standard moneyline, totals, and points spread bets. However, did find that, especially in the NFL futures markets, Fanatics typically had better odds on teams toward the top of the list. For example, compared to DraftKings, Fanatics has the San Francisco 49ers as the odds-on favorite to win the Super Bowl at +380, whereas DraftKings was +350.

Further, they had worse odds on the Kansas City Chiefs to win the AFC. Still, they had better odds on teams behind them, like the Buffalo Bills or Miami Dolphins. So, Fanatics is a great spot to go to for futures betting markets overall.

Fanatics Sportsbook Features

Fanatics Sportsbook has several features you can utilize in your betting experience. We’ll outline and explain them below.

  • Live Betting: Bet on games as they’re actively going on. These include numerous pre-game markets, such as moneyline, point spread, totals, props, parlays, and more.
  • Cash Out: Exit early from a wager to either recover some of your original bet if the stake is going poorly or exit prematurely when you’re winning to still secure some winnings but remove the risk of the other team ruining your payout.
  • Fanatics FanCash: As mentioned earlier, you’ll receive a percentage of your wagers back as FanCash, which can be used to purchase merchandise from Fanatics or as bonus bets.

Fanatics Sportsbook User Interface Experience

Desktop Experience

Fanatics Sportsbook isn’t currently supported for a desktop experience. On the desktop landing page, you’ll see a QR code redirecting you to download the mobile app. 

Mobile Web Browser Experience

Where Fanatics Sportsbook doesn’t have a desktop platform, this correlates to the mobile web browser. On the landing page, you’ll see a link redirecting you to download the mobile app. 

Mobile App Experience

Fanatics Sportsbook is only available to be used on a mobile app. The mobile app is available for iOS and Android users. It is downloaded from the Apple App and Google Play Stores. The beta version of this app was live for quite some time, and upon launching it, we still feel the early beginnings of it. Overall, the app is quite bland aesthetically and isn’t segmented in a way that makes things visible. Instead, everything is somewhat clumped together, and the home screen isn’t a great hub. Instead, you need to scroll quite far down the app to see the featured or promoted bets in each sport.

There are some graphics to point out FanCash, SGP Stacks, or Odds Boosts, though.
As for navigation, a menu along the top of the app lists promotions, live betting, and some of the available sports with a search bar below.

Along the bottom of the app is a link to the homepage, a schedule that shows upcoming games for each sport that’s segmented, your betting history, and a search link that opens up a page with the search bar and a complete list of the sports.

After logging into your account, the account hub has excellent resources for depositing and withdrawing, the help center, and toggles for different ways to display odds, notifications, security, and more.

This still has a ways to go to compete with the top betting apps and  betting sites in the industry, such as DraftKings, BetMGM, FanDuel, or Caesars.

Fanatics Sportsbook Customer Support

To access customer support at Fanatics, you’ll first want to log into your account and open up the “Your Account” hub. Here, you’ll have a link to the Help Center. This is the FAQ page, which is quite in-depth with the questions answered, including guides for depositing and withdrawing funds. The only downside to this FAQ is that it’s not native to the app. Instead, you’re redirected to a mobile web browser site.

Additionally, an automated chat is available. Unfortunately, the link is quite hidden. At the bottom of the page, you’ll see a link that says, “For customer support, please contact us here.”
When you click on the link, the automated chat window will open. This chat will take you through a series of prompts. However, if you reach the end without your question answered, you will have the option for a live chat or email support.

It took about 30 seconds to get connected to a live agent.
So, in all, you have the following customer support methods:

  • FAQ
  • Live Chat
  • Automated Chat
  • Email

We’d like to see the non-FAQ options more prominently visible as they update and modify the app.

Fanatics Sportsbook Security and Licenses

For Fanatics Sportsbook to operate, it must have licenses from the appropriate governing bodies in the state. Below is a list of the states where Fanatics Sportsbook is legal and the governing bodies that have licensed them.

  • Fanatics Sportsbook Kentucky: The Kentucky Horse Racing Commission
  • Fanatics Sportsbook Ohio: The Ohio Casino Control Commission
  • Fanatics Sportsbook Maryland: The State Lottery and Gaming Control Agency
  • Fanatics Sportsbook Massachusetts: The Massachusetts Gaming Commission
  • Fanatics Sportsbook Tennessee: The Sports Wagering Council

Also, Fanatics has been approved to take over the PointsBet license in New York. The governing body in the Empire State is The New York Gaming Commission.

Does Fanatics Have An Online Casino?

No. Fanatics Sportsbook doesn’t have a branch for online casino play, but we wouldn’t rule it out for the future. The Fanatics Betting & Gaming chief business officer Ari Borod mentioned that a product could come in late 2023.

Does Fanatics Have Online Poker?

No. Fanatics Sportsbook doesn’t have a branch for online poker.

What Other Gaming Products Does Fanatics Sportsbook Have?

As of October 2023, Fanatics just has the online sportsbook available for gaming platforms. However, as mentioned, an online casino seems to be in the works.

Fanatics Sportsbook: Beyond 2024

Moving forward, we can expect a massive surge of Fanatics Sportsbook in the United States. After purchasing PointsBet USA, it’ll be intriguing to see which licenses Fanatics overtakes and substitutes PointsBet for and which doesn’t. Some deep pockets back fanatics, so expect to see this product on the rise more soon.

Fanatics Sportsbook: Summary and Conclusion

Fanatics Sportsbook FAQ

Does Fanatics Have a Sportsbook?

Yes. Fanatics Sportsbook is legal in nine states and will add more as they transition PointsBet's remaining sportsbooks.

Where is Fanatics Sportsbook Legal?

Fanatics Sportsbook is legal in Kentucky, Maryland, Ohio, Tennessee, Massachusetts, Maryland, Ohio, Tennessee, Virginia, and West Virginia.

Is Fanatics legal in Texas?

No. Fanatics sports betting isn’t legal in Texas.

Is Fanatics legal in Nevada?

No. Fanatics Sportsbook isn’t present in Nevada.

Is Fanatics legal in Florida?

No. Legal sports betting is in flux in Florida and Fanatics doesn’t have a presence.

Is Fanatics legal in Arizona?

Arizona is a thriving sports betting state, but Fanatics isn’t unavailable.

Who Owns Fanatics Sportsbook?

Fanatics Sportsbook is owned by Fanatics Inc., which also owns the Fanatics online sports merchandise retailer.

Is FanaticsSportsbook Legit?

Absolutely. Fanatics Sportsbook is soon available in six states, is owned by the top sports merchandise retailer, and is invested in by notable figures in American pop culture, including rapper Jay-Z.

Is Fanatics Online Only?

No. You can bet on Fanatics on your mobile device, but there are retail locations available.

What is the Fanatics Sportsbook welcome bonus?

At Fanatics Sportsbook, you can wager between $1 and $100 over the first days of having your account and receive it back as a bonus bet if it loses.

Can I bet online with Fanatics in a state that doesn’t allow it?

No. You must be within the borders of a state that has legal sports betting and has issued a license for Fanatics Sportsbook to operate.

Does Fanatics track your location?

Fanatics Sportsbook will check your location with geolocation software to confirm you’re located in a legal state.

What deposit methods can you use at Fanatics Sportsbook?

You can use the following methods to deposit money into your Fanatics Sportsbook account: Venmo, PayPal, Instant Bank Transfer, Apple Pay, Wire Transfer, and Cash Cage.

What withdrawal methods can you use at Fanatics Sportsbook?

You can use the following methods to withdraw money from your Fanatics Sportsbook account: Venmo, PayPal, Instant Bank Transfer, Check by Mail, and Wire Transfer.

What is the minimum deposit at Fanatics Sportsbook?

The minimum deposit at Fanatics Sportsbook is $5 for most methods.