Fanatics Bet $50, Get $250 in Bonus Bets

Welcome Bonus

21+

Sportsbook Review

Welcome Bonus

21+

Medium

to obtain

-500 or longer

min. odds

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

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.
Place a minimum cash wager of $10+ daily for five consecutive days.
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.

Featured Promo - Bet $5 Get $250

Go to Website

icon-21+

USD

1778

User reviews

Min. First Deposit

Varies

Max. Withdrawal

1-8

Withdrawal Speed

4-11%

Vig

Fanatics Bet $50, Get $250 in Bonus Bets

Claim Your Bonus

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:

Odds	Win Profit	Net Cash Return
-110	~$45.45	Still below $50 (no profit)
+100	$50.00	Break-even
+200	$100.00	Clear 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.