A Look at the Welcome Bonus Offer At Fanatics Sportsbook

Recently, Fanatics Sportsbook updated its sports betting platform. It's something they had promised to do after the company's acquisition of the U.S. online gambling assets that belonged to Australian-based PointsBet. Ever since the new platform was released, the company has been spreading its seed throughout the U.S. As part of that process, the operator has been offering new customers in participating states a chance to claim a new and exciting Welcome Bonus. For interested parties, here are a few of the key terms and conditions related to this offer.

The current version of the Fanatics Sportsbook Welcome Bonus has been ongoing with a scheduled expiration date of December 1, 2024. New customers can claim this bonus after completing the operator's short registration requirement. After getting past that requirement, they will have 30 days to make an initial cash deposit of at least $5. After that deposit has been made, they can proceed to make their first sports bet.

The minimum of the first sports bet is $5 at minimum odds of -200. After that bet has been placed, the new customer is entitled to receive a free sports bet of equal value. All bonus bets need to be used 1X within seven (7) wagering days or they will have to be forfeited. The minimum odds requirement of bonus bets has been set at -200.

That's not all. That same offer is available for each consecutive day that the new customer makes a wager of equal value over the next nine (9) days. If at any point they miss a day, the promo stops.

Note: If any net winnings remain from bonus bets, that money will be made available for withdrawal. Net winnings do not include the actual amount of the bonus bet.

Other Terms and Conditions

As the promoter of this welcome bonus offer, Fanatics management shall have the right to exert complete control over the promo. That will allow them to terminate the offer or change the terms and conditions as they see fit.

To complete the registration process, new customers must be at least 21 years of age. Additionally, they will need to be physically located in a state that has licensed Fanatics as a sports betting operator. It will be the operator's responsibility to confirm the IP addresses of their customers. They are required by law to do that, using the latest in geo-framing or tracking software technology.