Fanatics Sportsbook Indiana Promo: Get $1,000 Total Value over 10 Days After IN Launch

Fanatics Sportsbook Indiana Promo: Get $1,000 Total Value over 10 Days After IN Launch article feature image
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Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images. Pictured: Fanatics Inc. logo is seen on a smartphone and on a pc screen.

There are $1,000 total bonus bets up for grabs with the new Fanatics Sportsbook Indiana promo. Fanatics just went live in Indiana on Tuesday, joining 13 other states as the apparel giant continues to roll out its sportsbook product in more states following its acquisition of PointsBet last year.

This offer is available in all 14 states and you can get started any day this week. Here's how it works:

  • Every day for your first 10 days on the platform, your first bet will be matched in bonus bets up to $100 after (you must opt-in daily).
  • So if you place a $100 bet on Day 1 as your first bet of the day, you'll get $100 in bonus bets.
  • If you place a $50 bet as your first bet of the day on Day 2, you'll get $50 in bonus bets.
  • If you miss a day, you forfeit those bonus bets, but you can continue with this promo the next day.

Fanatics Sportsbook is also live in CO, CT, IA, KY, MD, MA, MI, OH, PA, TN, VT, VA, and WV. New York is around the corner, as well.

Click here to activate the offer or use the module below.

If you've claimed other bet/get promos before, keep in mind this one works a bit differently. It takes up to a $100 first wager of the day for 10 straight days to earn the full $1K bonus. I'll elaborate more on what to expect.

How the Fanatics Offer Works

Opt-in to the promo each day, and your first bet will be matched in bonus bets up to $100.

So if you wake up, sign into the app and place a $25 wager then place a $100 bet later that day, you will get $25 in bonus bets for the day. This can go on for a max of 10 days, though if you skip a day, you can't add it into the end.

Make sure the first wager you place is on odds of -200 or longer (-150, +100, +500, etc). I would exclusively stick to plus-money prices when using bonus bets.

This is how you increase your expected value, which you can read more about in our +EV betting guide. Expected value is the net return you would win if the game were played an infinite number of times.

Here's three examples of the EV you would be seeing back between three different odds ranges.

OddsWin AmountProbabilityEV
-250$2071.43%+$14.28
+250$12528.57%+$35.71
+500$25016.67%+$41.67

Fanatics Sportsbook Sign-Up Steps

Step 1. Go to the Fanatics Sportsbook website or download the app

Step 2. Navigate to the registration/sign-up section of the page

Step 3. Enter the required account information (i.e., Name, Address, Username, Password, Email Address, etc.)

Step 4. Verify your identity (i.e., Last 4 of your SSN, ID picture, etc.)

Step 5. Agree to terms and conditions

Step 6. Deposit and claim the welcome offer using the Fanatics Sportsbook promo code

How Does Fanatics FanCash Work?

Fanatics has introduced a new kind of reward system called FanCash that can be used as bonus bets, or as money for merchandise in their stores (apparel, collectibles, etc.)

Your sign-up bonus will be returned in FanCash, so you can convert it 1-1 to bonus bets or to money for apparel. You'll also earn FanCash back for each wager you make on the platform.

Like a credit card, you earn different amounts depending on the bet type:

  • Straight Bet: 1%
  • Parlay: 3%
  • Same Game Parlay: 5%

That means if I place a $100 parlay, I'll earn $3 in fan cash no matter what. If I bet a $50 same game parlay, I'll earn $5 in FanCash. Again, these convert 1-1.

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.

Almost every type of bet will earn you FanCash — you just can't cash the wagers out.

Bet TypeTime of SettlementEligible?
FuturesAfter event endsYes
FuturesVoided/settles before it startsNo
FuturesIn-PlayNo
Pre-matchAfter event endsYes
Pre-matchVoided/settles before it startsNo
Pre-matchIn-PlayYes
Live BetAfter event endsYes
Live BetIn-PlayYes

Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (MI/CO/KY/MD/OH/PA/TN/VA/VT/WV) or (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), (800)-327-5050 or http://gamblinghelplinema.org (MA), or www.mdgamblinghelp.org (MD), or http://1800gambler.net (WV)

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