Fanatics Sportsbook Promo: Get $1K Bet Match Over 10 Days in 19 States

Fanatics Sportsbook Promo: Get $1K Bet Match Over 10 Days in 19 States article feature image

Mike Coppola/Getty Images for Fanatics. Pictured: A Fanatics logo.

With the green jacket up for grabs on Sunday, you can grab up to $1K with the Fanatics promo by starting a 10-day offer on the final round of the Masters or any other event listed on the site.

Get started with getting your first wager up to $100 matched in bonus bets with the link plugged in below.

The $1K value is earned over the course of placing a $100 first bet for 10 straight days.

This Fanatics Sportsbook promo is live in 19 total states:  AZ, CO, CT, IA, IN, KS, KY, MD, MA, MI, NC, NY, OH, PA, TN, VT, VA, and WV.

Now, let's dig into how this promo works because it's a bit different from your usual bet and get offers at other books.

How Do I Use the Fanatics Promo on Sunday?

Your first bet each day, up to $100, gets matched in bonus bets. Make sure to opt into the promo every day and place your first bet on odds of -200 or longer, or it won't count towards the offer.

You can place bets after the first daily bet, but they won't get matched. If you place a first wager higher than $100, you will get $100. Anything wagered less than $100 will return that specific amount (an example would be I place a $50 bet and Fanatics matches me with $50).

Once you secure bonus bets, you've got seven days to use them, but once they're used, they're gone.

At first, you'll get the value in FanCash, their apparel store currency. But if that's not your jam, you can easily switch it to bonus bets at the sportsbook at a 1-1 rate.

How Should I Use My Bonus Bets?

When it comes to taking advantage of bonus value at any sportsbook, bet long. It is beneficial to your expected value, which is the amount of money you'll win or lose on that bet if it were placed an infinite number of times.

Take these three examples. Each bet has odds in completely different points of the odds spectrum:

OddsWin AmountProbabilityEV

Example 1: You use your $50 bonus bet on a -250 favorite. If it wins, you'll pocket $20. The likelihood of a -250 favorite winning is about 71.43%.

The Expected Value (EV) here is 71.43% of $20, which comes to $14.28. Over many bets, that $50 bonus will average out to just $14.

Example 2: Now, let's say you wager your $50 bonus on a +250 underdog. If it pulls through, you'll rake in $125, with roughly a 28.57% chance of winning.

The EV here is 28.57% of $125, totaling $35.71.

Example 3: Consider a +500 underdog with your $50 bonus. A win would earn you $250, with approximately a 16.67% chance of success.

The EV here is 16.67% of $250, amounting to $41.67.

Mathematically speaking, you can't gain a better edge over the sportsbook with a favorite than with an underdog using a bonus bet. The higher the odds, the greater the potential value.

With all this said, I would suggest scanning the odds board for the 2024 Masters and selecting a player that offers value in the +500 and higher range, but is still competing as Sunday's final round winds down.

Sign-Up Process at Fanatics Sportsbook

  1. Use the module above to head over to the Fanatics Sportsbook mobile app.
  2. Create a new account at Fanatics, providing accurate personal info like your full name, address, and last four digits of your SSN.
  3. Agree to all terms and conditions of Fanatics Sportsbook.
  4. Make your first deposit.
  5. Start placing wagers, getting your first bet matched for ten days, up to $100 daily.

Must be 21+. GAMBLING PROBLEM? Call 1-800-GAMBLER (CO/KS/KY/MD/OH/MI/NC/PA/TN/VA/VT/WV) or (888) 789-7777 or (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), (800)-327-5050 or (MA), or (MD), Call (877-8-HOPENY) or text HOPENY (467369) (NY), or (WV).

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