Fanatics NY: Sign Up & Get 300% Profit Boost

Fanatics Sportsbook offers a new welcome bonus exclusively for new customers in New York. The offer provides a 300% Profit Boost Token designed to enhance the potential winnings on a qualifying wager. Below you will find the key details, eligibility criteria, wagering requirements, and important terms and conditions associated with the bonus.

Key Features and Details

Promotion Overview:
New customers who register an active, verified Fanatics Sportsbook account in New York during the promotional period receive a 300% Profit Boost Token. This token is applied to a qualifying cash wager to potentially boost winnings.

• Promotion Period: February 17, 2025, 12:00 a.m. ET to May 31, 2025, 11:59 p.m. ET.
• Qualifying Wager: A cash wager with a maximum stake of $50 and pre-boosted odds of +20000 or longer.

Reward Usage:
To use the token, customers must opt in by toggling the promotion button on the bet slip before placing their wager. The token boosts the potential winnings, which are credited as withdrawable cash if the wager wins. However, the token cannot be withdrawn, redeemed for cash, or transferred.

You accept a very low probability outcome when placing a bet with odds of +20000. The implied probability of winning is calculated by dividing 100 by the sum of the odds plus 100. In this case, it would be:

100 / (20000 + 100) ≈ 0.5%

For example, during the NCAA March Madness 2025 tournament, powerhouse teams like the Duke Blue Devils, Houston Cougars, Auburn Tigers, or the Florida Gators are listed as favorites and are expected to perform well. If you were to bet on an underdog—say, the Drake Bulldogs, causing an upset win against one of these top teams—the Fanatics might offer odds around +20000.

If you placed 200 similar long-shot bets, you might expect to win only once. While the potential payout on a winning bet can be very high, the likelihood of such an outcome is extremely low, reflecting the high-risk nature of these long odds.

1. Download and Install the App:
   Begin by downloading the Fanatics Sportsbook mobile app from the Apple App Store or Google Play.
2. Create a New Account:
   Open the app and register as a new customer. During registration, ensure that you are located in New York and meet the age requirement (21 years or older).
3. Complete Identity Verification:
   Follow the necessary steps within the app to verify your identity, which is required to activate your account.
4. Access the Promotion:
   Once your account is active and verified, navigate to the Promotions section in the app. Review the terms and conditions and wagering requirements for the 300% Profit Boost Token bonus.
5. Opt-In to the Promotion:
   Before placing a wager, toggle the promotion button on your bet slip. This action confirms your participation in the bonus offer.
6. Place a Qualifying Wager:
   Place a cash wager that meets the following criteria:
   1. A maximum stake of $50
   2. Pre-boosted odds of +20000 or greater
      This wager is considered your "Qualifying Wager" for the bonus.
7. Receive the Bonus:
   If your wager meets the qualification and wins, the Profit Boost Token will increase your potential winnings. The boosted winnings are then credited to your account as withdrawable cash.
8. Note the Reward Expiry:
   Remember that the Profit Boost Token must be used within seven days of its issuance; otherwise, it will expire.

Before claiming the bonus, it’s important to understand the following key terms and conditions:

The Fanatics Sportsbook 300% Profit Boost Token bonus is a well-defined offer aimed at new customers in New York. It provides the opportunity to increase potential winnings on a qualifying wager, but comes with specific conditions that limit its application. 

This bonus may appeal to those who are comfortable with high-risk, high-reward bets, particularly for wagers that involve long odds where the payout can be substantial. However, the strict wagering requirements mean that it might not be suitable for every betting strategy. Ultimately, this promotion is best viewed as a niche offer designed for bettors looking to make an entertaining bet.