Sunday’s Elite Eight matchup between Michigan and Tennessee is the kind of game that makes March Madness worth every sleepless, bracket-checking night. The Wolverines are the favorites to advance to the Final Four, while Tennessee will try to win its third straight game as a lower seed. For bettors who want in on the action, opening a Fanatics Sportsbook account with our Fanatics Sportsbook promo code will yield $200 in FanCash from just a $5 wager on this game.
Fanatics Sportsbook Promo Code: Bet $5, Get $200 In FanCash Instantly
New customers at Fanatics Sportsbook can place a $5 wager on Tennessee vs Michigan and receive $200 in FanCash immediately. No waiting around for results, whether your $5 wager wins or loses, the FanCash lands in your account as soon as your qualifying bet is placed, giving you a 40x payout in FanCash right out of the gate.

FanCash is Fanatics Sportsbook’s in-house currency, and it functions as bonus bets you can apply to any market on the platform. Whether you want to bet the Michigan spread, take a flier on the Tennessee moneyline, or build a same-game parlay around Lendeborg’s points total, FanCash works across the board. The $200 in FanCash expires 7 days from the date it is issued, so there is no need to rush. With the Elite Eight and Final Four falling within that window, you will have no shortage of elite games to put that FanCash to work.
How to Claim Your Fanatics Sportsbook Bonus Offer
Getting started with Fanatics Sportsbook takes just a few minutes. Here is exactly how to do it:
- First, click the Claim Bonus button on this page to head to Fanatics Sportsbook. Download the Fanatics Sportsbook app on your iOS or Android device, or visit the website on desktop. The app currently holds a 4.8 rating on the App Store from over 217,000 reviews, and a 4.7 on Google Play.
- Second, create a new account. You must be at least 21 years old and physically located in a state where Fanatics Sportsbook operates legally to place any wagers.
- Third, make a minimum deposit of $10. Fanatics supports a wide range of payment methods, including debit cards (Visa and Mastercard), PayPal, Venmo, Apple Pay, Trustly, and wire transfer.
- Fourth, before placing your first bet, toggle the welcome promotion on in your bet slip. This step is critical. The offer must be opted into before the wager is placed for the FanCash to trigger.
- Fifth, place a cash wager of at least $5 on any market with odds of -500 or better. That covers virtually every spread, moneyline, and total available on Sunday’s Tennessee vs. Michigan game. Then, $200 in FanCash is credited to your account instantly.
Best Strategy For Using This Bonus
The beauty of the $200 in FanCash is that it arrives with no strings attached to a specific bet or outcome. You have already triggered the bonus with just a $5 wager, so the remaining $200 in FanCash is yours to deploy strategically across the rest of March Madness, whether your initial $5 wager wins or loses.
The most rational approach is to split the FanCash across multiple bets rather than throwing it all on a single outcome. Michigan is a 7.5-point favorite over Tennessee. The total sits at 145.5. Both teams rank in the top 11 nationally in KenPom’s defensive efficiency metric, which makes a strong case for the under with two elite defenses going at it.

