Fanatics Bet $50 Get $250 in Bonus Bets

Published: Apr 10, 2025, 7:15 PM
8 min read
Updated: Jul 9, 2025, 7:53 AM
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Fact checked by:
Denis Vavaev
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Fanatics Bet $50, Get $250 in Bonus Bets

Welcome Bonus

21+
Fanatics Sportsbook
Sportsbook Review

Welcome Bonus

21+
Medium
to obtain
-500 or longer
min. odds
7
wagering period
$10 per day for 5 days
min. entry
$50 per day for 5 days
max. entry
Sportsbook Review
Claim Your Bonus

Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO/DC/IL/KS/KY/LA/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or https://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV)

Affiliate Disclosure
How we rate

Bet $10, Get $50 in Bonus Bets – 5 Days

The Fanatics Sportsbook $250 in Bonus Bets

New customers in CO, CT, IL, IN, LA, MA, MD, NC, OH, TN, VA, or WV. Must opt-in and wager $10+ cash on any market with odds of -500 or longer to receive $50 in Bonus Bets each day for your first 5 days (issued when the qualifying wager settles). Your 5 days begin the day you establish your account. Bonus Bets expire 7 days from issuance. See full Promo Terms in the Fanatics Sportsbook app.

How It Works

  1. Sign Up at Fanatics as a new user in an eligible state - CO, CT, IL, IN, LA, MA, MD, NC, OH, TN, VA, or WV.
  2. Place a minimum cash wager of $10+ daily for five consecutive days.
  3. Each day you meet the $10+ requirement, you’ll receive $50 in Bonus Bets, up to $250.
📌 Odds must be -500 or longer (e.g., -200, +100, +250 qualify).
Claim in Colorado
Claim in Illinois
Claim in North Carolina

Bonus Bets are not cash: If your Bonus Bet wins, you only receive the profit, not the original amount wagered.

Pros & Cons

Pros
Low entry requirement ($10/day).
Spread across multiple days, encouraging slow and controlled play.
Flexible use of Bonus Bets (can split into $0.10+ amounts).
No wagering requirements on winnings – they go straight to your withdrawable balance.
Clear expiration timeline (7 days), so you can plan usage.
Cons
Requires 5 consecutive days of play to receive full value.
Bonus Bets do not return the original stake.
Must remember to opt-in daily after Day 1.
Only one Bonus Bet can be used per wager.
Odds restrictions: bets shorter than -500 do not qualify.

Examples of Payouts

MLB Bonus Bets

  • You use a $50 Bonus Bet on the Yankees moneyline at +150.
  • If the Yankees win, you receive $75 in profit.
  • Your stake ($50) is not returned because it was a Bonus Bet.

NBA Bonus Bets

  • You use a $10 Bonus Bet on the Celtics -4.5 at -110.
  • If it wins:
    • Return = ~$9.09 (Only the net win, not the stake).
    • If this was a real $10 cash bet, you would have received $19.09.

NHL Bonus Bets

  • You use $25 of your Bonus Bets on Oilers +220 against the Avalanche.
  • If the Oilers win:
    • Return = $55 in profit.
    • Again, no stake is returned.
Fanatics Sportsbook

Featured Promo - $100 Game Day Guarantee

Go to Website
icon-21+
USD
Venmo
1778
User reviews
$5
Min. First Deposit
Varies
Max. Withdrawal
1-8
Withdrawal Speed
4-11%
Vig
Fanatics $100 GDG: Game Day Guarantee: Every Game Day, Get Up To $100 Back In FanCash If Your Football Bet Loses
New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, OH, PA, TN, VT, VA, WV, or WY. Must sign up by 9/30/25. Apply offer in bet slip; place $1+ American football cash wager w/ odds +300 or longer each Game Day. Wager must settle as loss to qualify for FanCash equal to the amount of losing wager (up to $100 FanCash per Game Day). Rewards expire 10/31/25. Terms, including FanCash terms apply-see Fanatics Sportsbook app.
Claim Your Bonus

Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO/DC/IL/KS/KY/LA/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or https://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV)

What Do You Need to Profit?

Bonus Bets do not return the original stake, so your breakeven point is higher.Let’s break down the implied return required to profit using just one $50 Bonus Bet:

OddsWin ProfitNet Cash Return
-110~$45.45Still below $50 (no profit)
+100$50.00Break-even
+200$100.00Clear profit

Total Required Wagering:

  • To unlock the full $250 in Bonus Bets:
  • You must wager $10+ in cash for five days = $50 cash investment.
  • If you use the full $250 in Bonus Bets wisely (e.g., on odds +150 to +200), you could expect $187.50 to $250 in potential return—if you win all bets.
That’s a big if. Bonus Bets have no guaranteed value.

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