Our verdict
Fanatics Sportsbook pays FanCash of up to 10% back on every bet, win or lose, which no other US book matches, and pairs it with live streaming, same-game parlays and early cash out. It does not accept credit cards, bank withdrawals take two to three days, and it has collected several small fines in Massachusetts and Colorado.
Strengths
- FanCash: up to 10% of each stake back, usable on bets or Fanatics merchandise
- Live streaming, SGPs and early cash out
- App Store rating of 4.8 from 291K ratings
- Phone, email and 24/7 chat support
Weaknesses
- No credit-card deposits
- Bank transfer withdrawals take 2–3 banking days
- Several small fines in Massachusetts and Colorado (2025–2026)
- Youngest platform among the books we cover (online since 2023)
Who it suits
Bettors who bet longer odds (which earn more FanCash) and buy fan merchandise.
Look elsewhere if
Bettors who want the deepest markets: Covers says Fanatics “isn’t at the level of FanDuel or DraftKings”.
Fanatics Sportsbook quick facts
| Best for | Rewards on every bet |
|---|---|
| Our score | 8.3 (US) |
| Owner | Fanatics Betting and Gaming |
| Founded | 2023 |
| Licensed in | United States |
| Welcome offer (US) | Bet $20, get up to $350 in FanCash over 7 days |
| iOS app | US 4.8/5 |
| Android app | US 4.5/5, per Covers |
| Fastest withdrawal | Wire: within 24 hours |
| Support | 24/7 live chat (virtual assistant first), email (support@betfanatics.com), phone (855) 438-9701 and @FanaticsSupport on X. |
| Regulatory actions since 2023 | 3 (see the record below) |
Fanatics Sportsbook overview
Fanatics Betting and Gaming opened its first sportsbook as a retail location in Maryland on 20 January 2023 and launched online in Ohio and Tennessee on 1 May 2023. It bought PointsBet’s US business for $225 million, completing the deal in April 2024, and now operates in 23 states plus DC. The division is led by Matt King, formerly CEO of FanDuel.
Its distinctive feature is FanCash: every bet earns between 0.01% and 10% of the stake back, win or lose, depending on the odds, and FanCash can be spent on bonus bets or Fanatics merchandise. The product covers the essentials with live streaming, same-game parlays and early cash out; odds come from Amelco and the minimum bet is $1.
Fanatics scores 8.3 in the US. It has collected several small fines in Massachusetts and Colorado, the largest $27,500, and loses points for having no credit-card deposits and two-to-three-day bank withdrawals.
How the score is built
Each score is a weighted average of five criteria, each out of 10. Two are calculated from public data (regulatory record and App Store rating); three are editorial judgments based on documented features, payment terms and offer terms. Full method.
| Criterion | Weight | US |
|---|---|---|
| Regulatory record | 25% | 9.3 |
| Betting product | 25% | 8.0 |
| App quality | 20% | 8.7 |
| Payments & payouts | 15% | 7.0 |
| Welcome offer terms | 15% | 8.0 |
| Overall | 100% | 8.3 |
- Regulatory record: 3 scored actions since January 1, 2023 (listed below). US 9.3.
- Betting product: FanCash is unique; streaming, SGPs and cash out cover the essentials.
- App quality: US 4.8 stars on the App Store (US) = 8.7.
- Payments & payouts: No credit cards and bank withdrawals take 2–3 days, though wires arrive within 24 hours.
- Welcome offer (US): Strong value for $20, but daily opt-ins and a 24-hour expiry on each FanCash award.
Fanatics Sportsbook welcome offer
Bet $20, get up to $350 in FanCash over 7 days
21+, new customers outside NY. $20+ cash bet at odds of −500 or longer within 7 days, then $50 in FanCash a day, claimed by opting in each day, up to $350. FanCash from this offer expires 24 hours after issue. Offer versions vary by sign-up route.
As advertised on October 27, 2026. Offers change often; the operator’s own terms apply.
Offers for existing customers
Regular promotions reported by the review sources listed below. Availability changes week to week and, in the US, by state.
| FanCash on every bet | From 0.01–1% at −110 or shorter up to 9–10% at +4750 or longer; FanCash expires 365 days after it is earned. |
|---|---|
| Refer a friend | $100 in FanCash each when the friend places a first bet of $20 or more, for up to five friends. |
| Fanatics ONE | Points across Fanatics: 2 points per $1 of sportsbook FanCash and 1 point per $5 spent on Fanatics.com. |
Sports and betting markets
The major US leagues with player props, totals and same-game parlays. Fair Play, a discretionary house rule, covers player props in all professional sports.
Key betting features
- FanCash rewards on every bet
- Live streaming
- Same-game parlays and early cash out
- Fair Play: a discretionary house rule covering player props in all professional sports
- Withdrawal tracker showing each request’s progress
Live betting and streaming
Live betting includes props and totals, and Covers calls live streaming “a serious differentiator”: you can watch on your phone and switch to the bet slip. Early cash out is available.
App, support and safer gambling
Covers describes load times as reasonable and navigation as enjoyable. FanCash expiry windows differ by reward type (24 hours, 7 days or 365 days), which is easy to miss.
| iOS rating (US) | 4.8 / 5 from 291K ratings · App Store (US) |
|---|---|
| Android rating (US) | 4.5 / 5 · Google Play, as reported by CoversNot used in the score |
| Customer support | 24/7 live chat (virtual assistant first), email (support@betfanatics.com), phone (855) 438-9701 and @FanaticsSupport on X. |
| Safer gambling tools | Deposit limits, time-based wager limits, time-outs and state resources. |
Payments and withdrawals
EDGE Boost, bank transfer, Apple Pay and wire transfer (varies by state); credit cards not accepted.
Withdrawal times
- Wire: within 24 hours
- Bank transfer: 2–3 banking days
- Check: 7–10 banking days
Times are those published by the operator or measured by the review sources listed below; first withdrawals can take longer while identity checks are completed.
How to sign up with Fanatics Sportsbook
- 1Check that Fanatics Sportsbook is licensed in the state you are in; you can bet only while physically located there.
- 2Download the app and register with your name, date of birth, address, email and phone; you will usually be asked for the last four digits of your Social Security number.
- 3Allow location access: the app checks your location before you bet.
- 4Deposit and place the qualifying bet within the offer’s time limit if you want the welcome offer.
Licensing and availability
| Market | License | Regulator | Age |
|---|---|---|---|
| United States | Licensed by the gaming regulator in each state listed23 states plus DC: AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY | state gaming regulatorsCheck the register | 21+ |
In the US, Fanatics Sportsbook accepts bets only while you are physically located in a state where it is licensed. Check your state regulator’s list before you sign up.
Regulatory record
Fines, settlements and penalties published by regulators or reported by the trade press in the markets covered here. Dates are the decision date or, where that is not published, the date first reported.
| Date | Regulator | Amount | What happened |
|---|---|---|---|
| September 1, 2026 | Colorado Division of GamingUS | $20,000 | Sent promotions to a self-excluded customer. Source |
| March 16, 2026 | Massachusetts Gaming CommissionUS | $27,500 | Two fines ($7,500 and $20,000) for bets on the Heisman Trophy and 154 bets on a Russian UFC fighter (self-reported). Source |
| December 5, 2025 | Massachusetts Gaming CommissionUS | $20,000 | Accepting bets on a Boston College game, which Massachusetts prohibits. Source |
Fanatics Sportsbook history
- 20 January 2023First retail sportsbook opens in Maryland
- 1 May 2023Online launch in Ohio and Tennessee
- April 2024$225 million PointsBet US acquisition completes
- December 2025Fanatics Markets launches in 10 states with Crypto.com
Fanatics Sportsbook vs rivals in the US
How Fanatics Sportsbook compares with the other top-rated sportsbooks in the US on our scores and the App Store.
| Sportsbook | Our score | Regulatory | iOS app | Best for |
|---|---|---|---|---|
| Fanatics Sportsbook | 8.3 | 9.3 | 4.8 | Rewards on every bet |
| bet365 | 9.1 | 9.5 | 4.8 | In-play betting and live streaming |
| DraftKings | 8.5 | 7.5 | 4.8 | The widest US availability |
| FanDuel | 8.5 | 8.0 | 4.8 | Live betting and app quality |
| BetMGM | 8.3 | 8.5 | 4.8 | MGM Rewards members and bet editing |
Fanatics Sportsbook FAQ
Is Fanatics Sportsbook legal and licensed?
United States: Licensed by the gaming regulator in each state listed (23 states plus DC: AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VT, VA, WV, WY); minimum age 21+.
Who owns Fanatics Sportsbook?
Fanatics Sportsbook is owned by Fanatics Betting and Gaming. Founded: 2023.
How good is Fanatics Sportsbook?
On our method it scores 8.3 (US) out of 10. Fanatics Sportsbook pays FanCash of up to 10% back on every bet, win or lose, which no other US book matches, and pairs it with live streaming, same-game parlays and early cash out. It does not accept credit cards, bank withdrawals take two to three days, and it has collected several small fines in Massachusetts and Colorado.
How long do Fanatics Sportsbook withdrawals take?
Wire: within 24 hours; Bank transfer: 2–3 banking days; Check: 7–10 banking days. First withdrawals can take longer while identity checks are completed.
Does Fanatics Sportsbook have live streaming?
Live betting includes props and totals, and Covers calls live streaming “a serious differentiator”: you can watch on your phone and switch to the bet slip. Early cash out is available.
What is the Fanatics Sportsbook welcome offer?
United States: Bet $20, get up to $350 in FanCash over 7 days. 21+, new customers outside NY. $20+ cash bet at odds of −500 or longer within 7 days, then $50 in FanCash a day, claimed by opting in each day, up to $350. FanCash from this offer expires 24 hours after issue. Offer versions vary by sign-up route. Checked October 27, 2026; the operator’s terms apply.
Has Fanatics Sportsbook been fined by a regulator?
Yes. Since January 1, 2023: Colorado Division of Gaming, $20,000 (September 1, 2026); Massachusetts Gaming Commission, $27,500 (March 16, 2026); Massachusetts Gaming Commission, $20,000 (December 5, 2025).
Does Fanatics Sportsbook have an app?
United States: 4.8 out of 5 on the App Store (US) from 291K ratings. Covers describes load times as reasonable and navigation as enjoyable. FanCash expiry windows differ by reward type (24 hours, 7 days or 365 days), which is easy to miss.
Sources
- Covers: Fanatics Sportsbook review (states, offer, payments)
- App Store: Fanatics Sports & Casino
- WBUR: Massachusetts fines Fanatics
- SBC Americas: Colorado fines Fanatics
- NEXT.io: Fanatics completes PointsBet acquisition
Spotted something out of date? Email contact@sportsbooks.ro and we will check it against the source. See our editorial policy.