How Does Fanatics Sportsbook FanCash Work?
Mike Coppola/Getty Images for Fanatics. Pictured: A Fanatics logo.
Fanatics Sportsbook is a late entrant to the U.S. sports betting market, but has a unique rewards program it hopes will set it apart.
It's called FanCash — and it's a pretty good deal for bettors because the "exchange rate" is basically 1-1 from FanCash to dollars.
For every wager you place, you'll earn cash back, similar to a credit card. You can then convert that cash back into bonus bets at Fanatics Sportsbook or merchandise at Fanatics.com or its affiliated sites (like NFL online team shops).
Also like a credit card, you'll earn different amounts depending on the bet type. Here's how much FanCash you'll earn per bet:
- Straight Bet: 1%
- Parlay: 3%
- Same Game Parlay: 5%
Fanatics displays what you'll earn right in the bet slip, and keeps track of your total FanCash right below your balance in the top right corner of the app.
Say you place five, $20 same game parlays over the course of an NFL weekend. At $100 total staked with 5% back, you'll earn $5 in FanCash.
Do that every week of the NFL season, and you'll have $85 in FanCash after 17 weeks.
Do I Earn FanCash on Every Bet?
As long as the bet settles, you'll earn FanCash. If you cash out a wager early or your bet is canceled before the game, you won't get that FanCash. But almost everything else should be eligible.
|Bet Type||Time of Settlement||Eligible?|
|Futures||After event ends||Yes|
|Futures||Voided/settles before it starts||No|
|Pre-match||After event ends||Yes|
|Pre-match||Voided/settles before it starts||No|
|Live Bet||After event ends||Yes|
Does FanCash Expire?
FanCash expires on December 31 of the year you earned it, unless redeemed. So you can convert it to bonus bets prior to that date, and then use it at a later date.
If you have already converted FanCash to bonus bets, you'll have 90 days to use that bonus bet before it expires.
How Do the Bonus Bets Work?
Bonus bets work like they do at other sportsbooks — you keep any profit, but not the bonus stake itself. So if you put $10 in bonus bets on the Jets at +200 against the Bills, you'll profit $20 if the Jets win, but you don't keep the $10 bonus.
When converting FanCash to bonus bets, you must have a minimum $0.10 in FanCash.
Do I Link My Sportsbook and Fanatics.com Accounts?
Yes, you'll want to use the same email address, and then you'll receive an email to combine the accounts.
- Create a new account on any of the Commerce Sites using the same email address that you used to create your Fanatics Sportsbook Account
- Once you create the second account, you will receive an email prompting you to click on a link to combine your FanCash accounts.