Welcome Bonus
Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO/DC/IL/KS/KY/LA/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or https://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV)
Disclaimer
New customers in DC, IA, KS, KY, VT, and WY only. Must apply this promotion in your bet slip and place a $1+ cash wager with odds of -500 or longer each day for 10 straight days. Your 10 days begin the day you establish your account. The wager must settle as a loss to qualify for Bonus Bets. Bonus Bets will equal the amount of the losing wager(s) (up to $100 in Bonus Bets per day) and expire 7 days from issuance. This offer is not available in New York. Terms apply- see Fanatics Sportsbook app.
Fanatics Bet and Get $1000 Pros & Cons
Terms & Conditions
Before claiming the bonus, be sure to review the following key terms and conditions:
| Parameter | Detail |
|---|---|
| Eligible States | DC, IA, KS, KY, VT, and WY |
| Minimum Deposit | $10 |
| Daily Qualifying Wager | Minimum $1 wager on any market with odds of –500 or longer |
| Bonus Structure | If the qualifying bet loses, you receive bonus bets equal to your wager (up to $100/day) |
| Promotion Duration | 10 consecutive days from account creation |
| Total Maximum Bonus | Up to $1,000 in bonus bets |
| Bonus Issuance | Bonus bets are credited within 72 hours of the wager settling |
| Bonus Expiry | Bonus bets expire 7 days after issuance |
| Opt-In Requirement | Must toggle on the promotion in your bet slip to activate the bonus |
Other important details:
- No Promo Code Needed: The bonus is automatically activated when you opt in via your bet slip.
- Odds Restriction: Only wagers with odds of –500 or longer qualify.
- Non-Cashable Bonus: Bonus bets cannot be withdrawn as cash; they must be used for additional wagering.
- Timeframe: The qualifying bet must be placed each day for 10 consecutive days starting from account creation.
Examples of Payouts
🏀 NBA Bonus Bets
- You bet $50 on the Lakers +150 against the Warriors. The bet loses.
- You receive a $50 Bonus Bet.
- If you use that Bonus Bet on Celtics +200 and win, you get $100 in profit (your stake is not returned).
⚾ MLB Bonus Bets
- You bet $100 on Yankees -110. The bet loses.
- You get a $100 Bonus Bet.
- If used on a +120 wager and it wins, return = $120 in profit.
🏒 NHL Bonus Bets
- Day 3, you bet $25 on Oilers -150. It loses.
- You receive a $25 Bonus Bet.
- Use it on Rangers +180. If it wins, the Return is $45 in profit (not $70).
What's Needed to Come Out Ahead?
You need to win your Bonus Bet at profitable odds to make up for the lost cash bet.
| Odds | $100 Bonus Bet Return | Net Gain |
|---|---|---|
| -110 | ~$90.91 | Loss vs. original $100 wager |
| +100 | $100 | Break-even |
| +200 | $200 | Profit (if you win) |
This structure reduces the value of the refund unless it’s used on meaningful odds. That’s standard practice for Bonus Bets in the U.S. market.
Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER (CO/DC/IL/KS/KY/LA/MD/OH/MI/NC/NJ/PA/TN/VA/VT/WV/WY), (800)-327-5050 or https://gamblinghelplinema.org (MA), Call (877-8-HOPENY) or text HOPENY (467369) (NY), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), (888) 789-7777 or http://ccpg.org (CT), or 1-800-BETS-OFF (IA), or 1-800-9-WITH-IT (IN), or www.mdgamblinghelp.org (MD), or morethanagame.nc.gov (NC), or 1800gambler.net (WV)
Responsible Gambler Considerations
- This promotion is structured to minimize upfront risk per day. However, it still encourages daily engagement, which may not be suitable for all users.
- Consider setting reminders or limits so you don’t feel pressure to bet daily just to “unlock” value.
- Keep track of Bonus Bet expiration so you don’t rush into decisions.
- Avoid placing longshot bets with the mindset of “making up for a loss” — Bonus Bets are tools, not financial recovery strategies.
- Monitor your behavior and use responsible gambling tools like timeouts, deposit limits, or self-exclusion if needed.
- Fanatics Sportsbook provides support options in every eligible state, including 1-800-GAMBLER, BETS OFF, and others, depending on your location.
Final Opinion
Fanatics Sportsbook’s “Bet and Get Up to $1,000 in No Sweat Bets” promotion offers new bettors a way to mitigate early losses over 10 consecutive days. With a modest daily wager requirement and the possibility of receiving bonus bets if your bet loses, the promotion is designed to encourage ongoing engagement with the platform. However, the daily wagering requirement and short bonus expiration mean that careful planning is essential.
Always remember to set personal deposit and time limits and gamble responsibly.
