Fanatics Sportsbook is one of the newer sports betting apps in the US marketplace, but their relative lack of experience in the market is not necessarily a bad thing. In this review of Fanatics Sportsbook, get our ratings on everything that Fanatics Sportsbook has to offer and find out what to expect when you fire up this site on your mobile device.
Author’s Take On Fanatics Sportsbook
The actual sports betting experience at Fanatics Sportsbook is not all that different from what is available at other major sportsbooks. But what we like about Fanatics is that they have put their own spin on the overall sports betting experience with their FanCash program. Unlike the newly-launched ESPN Bet, which has managed to strip away what makes ESPN a unique provider, Fanatics has done a nice job of making their sportsbook their own.
Reviewed By: Jay Sanin Fact Checked By: Mike McDermott |
Fanatics Sportsbook Ratings Breakdown
Bonuses & Promotions: | 4/5 |
Banking: | 5/5 |
Mobile App & Website: | 2/5 |
Betting Options: | 4/5 |
Safety & Security: | 5/5 |
Overall Rating: | 4/5 |
Fanatics Sportsbook Pros & Cons
Pros
- FanCash Program = Tangible Rewards
- Easy to track bets from the app
- Sleek design for a new app
Cons
- Needs a desktop site badly
Fanatics Sportsbook Bonuses & Promotions – 4/5 Rating
Fanatics Sportsbook is off to a promising start from a promotional standpoint, as bettors can look forward to being rewarded for playing at this site at all times. That starts with a respectable welcome bonus, where bettors can wager a total of $50 over their first five days to receive up to $200 in bonus bets.
With that new player promotion, bettors can wager $10 or more per day for their first five days as a customer at Fanatics Sportsbook. They will receive $40 in bonus bets for each of those five days where that $10 threshold is met, for a maximum bonus amount of $40 per day, or $200 in total. This requires a little more investment than similar promotions from sites like DraftKings Sportsbook and FanDuel Sportsbook. But it’s still a value for new customers and that is a positive.
The real star of the show from a promotional standpoint at Fanatics Sportsbook, though, is its FanCash program. With that program, bettors receive a percentage of their wagers back as Fanatics FanCash, which can be used to get discounted sports merchandise, bonus bets, or other perks. Bettors receive 5% FanCash back on Same Game Parlays, 3% back on regular parlays, or 1% back on straight bets and odds boosts.
Banking Options – 5/5 Rating
Right now, the list of deposit options that are available at Fanatics Sportsbook should be perfectly sufficient for bettors. Below is a list of deposit and withdrawal methods that are up for grabs on the site and some additional information on each of those methods.
Deposit Methods
Deposit Method | Fees | Processing Time |
Debit Cards | Free | Instant |
Apple Pay | Free | Instant |
Venmo | Free | Instant |
PayPal | Free | Instant |
ACH/Bank Transfer | Free | Instant |
Wire Transfer | Free | Instant |
Withdrawal Methods
Withdrawal Method | Fees | Processing Time |
Debit Cards | Free | Up to 3 days |
ACH/Bank Transfer | Free | Up to 3 days |
PayPal | Free | Up to 3 days |
Venmo | Free | Up to 3 days |
Wire Transfer | Free | Up to 3 days |
Check | Free | 2-3 weeks |
Mobile App & Website – 2/5 Rating
There are some major positives and negatives to the Fanatics Sportsbook mobile app and website situation. The mobile app itself is a huge success story, as it looks great and is incredibly easy to use. Their app features a dark background with striking white text and the red Fanatics logo looks great against this backdrop.
It is the website component of this sportsbook where things fall apart for Fanatics, though. There isn’t a desktop site to go to, as bettors have to use the app in order to place their wagers with Fanatics Sportsbook. That should not be a huge deal to most bettors, but it is nice to be able to power through the odds across multiple sports on a desktop computer, especially for bettors who use spreadsheets or other tools to help inform their betting decisions.
App Marketplace | Ratings | Download Link |
App Store | 4.7/5 (7.5k Ratings) | Click Here |
Google Play | 3.5/5 (800+ Ratings) | Click Here |
Betting Options – 4/5 Rating
In terms of betting options, Fanatics Sportsbook has done a nice job of giving bettors a ton of choices. Bettors can go from sport to sport quickly by scrolling sideways across a menu at the top of the screen in the Fanatics Sportsbook mobile app. There, bettors will see everything from football and basketball to smaller sports like motorsports, golf, and many others.
Bettors will also notice that Fanatics Sportsbook offers a large number of wagers within each of those sports, stocking the pool for their parlay business, so to speak. As we mentioned earlier, Fanatics is giving bettors 5% back in FanCash on Same Game Parlays and 3% back on all other parlay wagers. Therefore, they have emphasized their prop offerings and left bettors with plenty of choices in those areas.
While the prop and parlay options available at Fanatics are nice, there are some smaller sports that you would like to see Fanatics do more with in the future. With newer sportsbooks trying to gain market share against the bigger operators in America, getting involved with smaller leagues could be a path to make some of those inroads. We shall see if Fanatics is willing to do that, or if they will stay the course as is.
Security – 5/5 Rating
One of the big pluses of Fanatics Sportsbook is the safety and security for their customers. Bettors can rest assured that their personal information and payment information are going to be safe at this operator, thanks to encryption technology that Fanatics has also used in their sports merchandise business. There is no reason to believe that bettors will have their personal information compromised by a company that does so much business online.
Where Is Fanatics Sportsbook Legal?
Fanatics Sportsbook is available in a small number of states so far, but that could change as they are in the marketplace for longer. Here is the current list of states where Fanatics Sportsbook is operational.
Is Fanatics Sportsbook legit?
Yes, Fanatics Sportsbook is legitimate and is approved and regulated by the sports betting regulatory bodies in all of the states mentioned above. Also legitimate is the potential for bettors to get some significant cash back in the form of the FanCash program on this app, as bettors receive a percentage of their bets back in FanCash.
How Does Fanatics Sportsbook Compare to the Competition?
Fanatics Sportsbook vs DraftKings Sportsbook
From a betting perspective, DraftKings Sportsbook might just be the gold standard in the American sports betting marketplace. They have more betting options available than Fanatics, or just about any other sportsbook. But Fanatics might be superior from a bet tracking perspective, as their quality data visualizations and streaming capabilities make them an attractive destination for bettors to keep up with their wagers.
Fanatics Sportsbook vs FanDuel Sportsbook
FanDuel Sportsbook is another huge name in the world of sports betting, as bettors can wager on a ton of sports and do so in a diverse number of ways. But FanDuel Sportsbook does not have a loyalty program at all to speak of. That means Fanatics’ FanCash program is vastly superior to anything that FanDuel has to offer in terms of customer retention, which makes Fanatics a better place for bettors in that regard.
How to Sign Up at Fanatics Sportsbook
Bettors can sign up for Fanatics Sportsbook using just a few simple steps, which are listed below.
- Download the Fanatics Sportsbook app
- Click the Register button in the app
- Provide the information requested by Fanatics to complete the registration
- Make your first deposit
- Place your first bets
- Receive your bonus bets
Customer Support
Customer service is another big strength of Fanatics Sportsbook, as they have a ton of experience resolving customer inquiries through their merchandising business ventures. Customer service at the sportsbook can be reached via phone, email, and live chat. There is also an online knowledge base that allows bettors to look up the answers to their questions without having to involve a customer service agent.
Summary: A Promising Start From Fanatics Sportsbook
We are still in the early stages of Fanatics Sportsbook, but there is certainly a solid foundation for this site to build off of. We would like to see a desktop site become readily available for bettors both inside and outside of the states in which Fanatics Sportsbook is legal. But the loyalty program and strong selection of betting options make this site worth checking out for both novice and experienced bettors.
Fanatics Sportsbook FAQs
The minimum age to use Fanatics Sportsbook varies based on the states where bettors are playing. For example, 18 is the minimum age in Kentucky, while most other states have a minimum age of 18.
For a full list of the states where Fanatics Sportsbook is legal, bettors can look at the list above in this Fanatics Sportsbook review.
FanCash is a currency that can be used to get bonus bets or discounts on merchandise at Fanatics. Bettors can earn FanCash with every wager they place at Fanatics Sportsbook.
Yes, Same Game Parlays are available at Fanatics Sportsbook, and bettors can get 5% of their bets back in FanCash on those Same Game Parlays.