BEST FANATICS BONUS BETS TODAY: OCTOBER 2024

1. Which Types of Bonus Bets Does Fanatics Offer?

Fanatics offers various types of bonus bets that can be redeemed in several ways. Here are five of the most common types:

1. Bet X Get X: This is the most common type of bonus bet. Here the bonus bet is unlocked by placing a qualifying wager, e.g. ‘Bet $5 Get $150’.
   
   
2. Deposit Bonus / Deposit Match: With this type, the user will have to deposit a given amount in order to unlock their bonus bet. E.g. ‘Get a 50% Bonus when you Deposit Up to $100 (Bonus Paid in bonus bets)’.
   
   
3. No Deposit Bonus: As the name suggests, this promo type the user bonus bets without having to initially deposit any cash (these are much rarer). E.g. ‘Sign Up and Receive a $10 Bonus Bet’.
   
   
4. No Sweat Bet: Whilst their own type of promo, no sweat bet rewards are often paid in the form of bonus bets. With no sweat bets, you place a bet using your own money and if it loses the sportsbook reimburses you in bonus bets. E.g. ‘First Bet Insurance up to $500’.
   
   
5. Site Credit: This is similar to a standard bonus bet, but you actually keep the stake if your wager wins. E.g. ‘Fill in the Survey to Redeem $20 in Site Credit’.

2. Does Fanatics Offer Bonus Bets for New Users?

Yes, Fanatics Sportsbook offers bonus bets for new users, typically referred to as welcome bonuses or signup bonuses. These promotions are usually the most generous offers available, designed to attract new customers.

You can find the latest and best Fanatics Sportsbook promo offers for new users at the top of this page.

3. Does Fanatics Offer Bonus Bets for Existing Users?

Yes, Fanatics also offers bonus bets for existing users, though these are generally less generous than the welcome bonuses. These are often called reload or ongoing offers and can include promotions like profit boosts, enhanced odds, and bonus bets.

If you’ve already used all of your welcome bonuses, check out how you can maximize the profits you make from reload offers here.

4. How Can I Claim Fanatics Bonus Bets?

5. What Was Fanatics Most Generous Bonus Bet Ever?

Fanatics' most generous promo offer ever was their "Bet $5, Get $200" promotion, launched in 2023. This offer allowed new users to place a $5 wager, and in return, they received $200 in bonus bets, regardless of the outcome of their initial bet. The promotion stood out due to its minimal entry requirement and guaranteed high-value return.

Fanatics also offered various deposit match bonuses and bonus offers during its early sportsbook launch, further showcasing its competitive edge in attracting new users with substantial rewards. This promo marked Fanatics' entry into the growing sports betting market with significant fanfare.

6. What Sports & Leagues Can I Claim Fanatics Bonus Bets on? 

Fanatics offers bonus bets across a range of sports and leagues, with promotions tailored to each wager. Here are some examples:

• NFL: Fanatics may offer promos like “Bet $10 on NFL Games, Get $100 in bonus bets.”
  
  
• NBA: Look for offers such as “Place a $20 Bet on NBA Games, Receive a $50 Bonus Bet.”
  
  
• MLB: Promotions like “Bet on MLB Games, Get $25 in bonus bets” are often available.
  
  
• NHL: You might find deals like “Wager $30 on NHL Games, Earn a $60 Bonus Bet.”
  
  
• UFC: Fanatics could offer “Bet $15 on UFC Events, Get $45 in bonus bets” during major fights.
  
  
• Soccer: For soccer, look for promotions such as “Bet $50 on Soccer Matches, Get $100 in bonus bets.”
  
  
• Golf: Offers might include “Bet $20 on Golf Tournaments, Receive a $40 Bonus Bet.”
  
  
• Tennis: Promotions like “Place a $10 Bet on Tennis, Get $30 in bonus bets” are also common.

Always check the promotions section on Fanatics' site for the latest offers and specific terms.

7. Do You Need a Promo Code to Claim Fanatics Bonus Bets?

While some Fanatics promos require a code to be claimed, most of their promos in fact do not. And can be unlocked by anyone by following a few simple steps. 

For sign-up bonuses/welcome bonuses, this will usually require signing up to the sportsbook using the correct link, depositing and making your first bet. Whereas for ongoing offers you may need to opt-in to certain promos and seek out special reload bonuses sent to you via email.

However, these steps can differ depending on the promo type you’re using, so always make sure to read the T&Cs attached to the offer. Or better yet, learn the simple steps you can follow to convert your offer into guaranteed cash (see section 10).

8. What T&Cs Does Fanatics Have For Bonus Bets?

Fanatics applies several key terms and conditions (T&Cs) to its bonus bets:

1. Minimum Bet Requirement: You often need to place a minimum qualifying bet (e.g., $10) to receive bonus bets.

2. Expiration: bonus bets usually have an expiration period, often ranging from 7 to 14 days, after which they expire if not used.

3. Bet Types: bonus bets may be limited to specific bet types, such as straight bets or parlays, and may not be valid on all markets.

4. Winnings: Any winnings from bonus bets typically exclude the original stake, meaning you only receive the profit from the bet.

5. Location Restrictions: Bonus bet offers may be restricted to certain states or regions where Fanatics operates.

6. New Users Only: Many bonus bet promotions are available only to new users who have not previously registered with Fanatics.

Always review the specific terms and conditions associated with each promotion before placing a wager.

9. Are There Any Risks With Fanatics Bonus Bets?

While claiming bonus bets can be a great way to maximize your betting profits, it's crucial to be aware of their potential risks.

Four of the most notable risks attached to bonus bets are:

1. No Guaranteed Winnings: Whether it's a $150 bonus bet, a $1,000 risk bonus bet or a 50% deposit bonus, if you place your bonus bet on a losing bet you will still come away with no more cash than when you started.
   
   
2. Risk of Losing Money: One of the most common ways bettors lose money through promos is through risk bonus bets. Let's say you're gifted a $500 risk bonus bet and you place your $500 on the losing side of a game, you won't be refunded with $500 of withdrawable cash, but instead $500 of site credit (often in the form of a bonus bet). Place this bonus bet on the losing side and you've just lost $500 to the sportsbook.
   
   
3. Limited Number of Sign-Up Bonuses: While sign-up bonuses can be generous, you can only ever receive one sign-up bonus from each sportsbook (when you first create an account). This means that there's only a set number of sign-up bonuses available to each user. As a result, relying purely on these may not be a sustainable long-term plan.
   
   
4. Misuse of Promos: Certain promos have more complex rules and often hidden T&Cs. As a result, if you go into them without proper guidance and support you can risk reducing the amount of overall profit you earn, or worse, lose money.

But it isn't all doom and gloom. There is one way you can guarantee profits from bonus bets, risk-free, every time.

Sound too good to be true? Read the next section.

10. How to Guarantee Profit From Fanatics Bonus Bets

While it's true risks can arise when claiming bonus bets, one clever technique exists that can remove them and guarantee you profits from promos every time.

Promo conversion (A.K.A matched betting), is a fully legal, super simple (with the right platform) method of turning sportsbook promos into guaranteed cash.

Simply put, it involves betting on one side of a game to qualify for a sportsbook promo, then betting on the other side to cover both outcomes and remove the risk. Repeat this process using your new promo and voila! You've locked in a guaranteed profit.

And while this sounds simple on paper, to earn serious monthly profits with this technique you need rapid odds-matching software, an up-to-date promo database and tailored instructions for converting each offer at your disposal.

11. Why Choose ProfitDuel?

At ProfitDuel we have over 10 years' experience in the matched betting industry at the highest level. In that time we've helped 400,000+ members in the US & Europe earn guaranteed profits in the $1,000s each month converting sportsbook promos like bonus bets and bonus bets.

How exactly? By taking the complex-sounding promo conversion process we touched on in the last section, and creating intelligent software, easy-to-follow strategies and expert one-to-one customer support to make it insanely simple.

Not sold yet? Read the 5 simple steps to converting sportsbook promos in our free guide to see just how easy it can be to add $1,000s to your monthly income.

When you've done that and you're ready to start earning guaranteed profits, sign up to ProfitDuel using our limited-time offer: 50% off your first month of ProfitDuel!