New Fanatics Sportsbook customers can bet $20 and get $350 in bonus bets — no promo code required.
Sign up, opt in from your bet slip, and place a single cash bet of $20 or more at odds of ‑500 or longer within your first 7 days. Fanatics then credits you $50 in bonus bets each day for 7 straight days, totaling $350. Each daily $50 bonus bet expires 24 hours after it's issued, so use it the day you get it.
Available to new users 21+ in 21 states and Washington, D.C. (not available in Illinois or New York).
Claim it: Sign up, toggle the promo on in your bet slip, and place your $20+ qualifying bet within 7 days. No promo code needed. 21+. New customers only. Physically present in an eligible state. Terms apply.
How the Bet $20, Get $350 Offer Works
- Sign up for a new Fanatics Sportsbook account in the app and complete identity verification. No promo code is required.
- Opt in from your bet slip. Toggle the promotion on before placing your qualifying bet. (If you opted in from the Promos or Discover page, you still have to toggle it on in the bet slip for it to apply.)
- Place a single cash bet of $20 or more at odds of ‑500 or longer, within 7 days of establishing your account. The bet must settle.
- Get $50 in bonus bets per day for 7 straight days — $350 in total. Your rewards are credited immediately once you've completed the steps above.
Deadline: if you don't place your qualifying wager by 11:59 p.m. ET on the 7th day after your account is verified, you're not eligible.
There's No Promo Code for This Offer
Unlike the $1,000 FanCash welcome offer — claimed with promo code FAN2026 — the Bet $20, Get $350 offer doesn't use a promo code. There's nothing to type at sign-up. What it does require is the bet-slip toggle. You have to opt in from your bet slip before placing the qualifying $20 bet, or the offer won't apply.
The 24-Hour Expiry — The Most Important Detail
Your $350 doesn't arrive as one lump sum, and it doesn't sit in your account waiting.
You receive $50 in bonus bets per day, for 7 consecutive days.
Each $50 issuance expires 24 hours from the time it's issued.
That means this offer rewards betting on seven separate days. If you skip a day, that day's $50 is gone — it doesn't roll over or stack. To capture the full $350, you need to use each $50 within its 24-hour window.
What Are Bonus Bets?
Your reward here comes as bonus bets, which behave differently from cash and from FanCash:
- The stake isn't returned. If a bonus bet wins, you keep the winnings only — not the bonus-bet stake. Per the terms: place a $20 bonus bet that wins $15, and you receive the $15.
- You can split them. A $50 bonus bet can be redeemed in any amounts you choose — one $50 bet, five $10 bets, ten $5 bets, and so on. The minimum bonus bet is $0.10.
- You can't combine them. Two $25 bonus bets can't be merged into a single $50 bet.
- One per wager. You can only redeem one bonus bet per bet.
- No cash out. Bets placed with bonus bets can't be cashed out.
- Winnings are withdrawable. Once winnings hit your cash balance, you can withdraw them like any other cash.
This is a different currency from FanCash, which is what the $1,000 welcome offer pays — the two don't behave the same way.
You Can Only Claim One Welcome Offer
Fanatics Sportsbook runs more than one new-customer offer, but you're only eligible for one registration bonus. This promotion also can't be combined with any other Fanatics Sportsbook promotion.
So this is a choice, not a stack. Your options as a new customer:
- Bet $20, Get $350 in Bonus Bets (this offer — no code)
- Up to $1,000 in FanCash (10× $100 Bet Match, promo code FAN2026)
- 10× 100% Profit Boost Tokens (Illinois and New York only — issued instantly at sign-up, no code)
Compare the mechanics before you register, because you can't come back and claim a different one afterward.
Offer Details at a Glance
Detail | Terms |
|---|---|
Promo Code | None Required |
Opt-in | Bet $20, Get $350 in Bonus Bets |
Offer | Bet $20, Get $350 in Bonus Bets |
Total reward | $350 in bonus bets |
Release schedule | $50 per day for 7 straight days |
Bonus bet expiry | 24 hours from issuance |
Qualifying bet | Single cash bet of $20+ |
Minimum odds | -500 or longer |
Deadline | Qualifying bet within 7 days of account verification |
Reward type | Bonus bets (not cash, not FanCash) |
Minimum bonus bet | $0.10 |
Who's eligible | New customers only, 21+, in an eligible state |
Availability | 21 states + D.C. — not available in Illinois or New York |
Confirm current promotion terms in the Fanatics Sportsbook app before betting.
Which States Is Bet $20, Get $350 Available In?
Eligible legal betting states
This offer isn't available in Illinois or New York. New customers in those states can claim the $1,000 FanCash welcome offer with code FAN2026, or the 10× 100% Profit Boost Tokens promo.
State-specific offer availability
Location verification requirements
You must be 21 or older and physically located in an eligible state when you sign up and bet.
Frequently Asked Questions
No. This offer doesn't require a promo code — but you do have to opt in by toggling the promotion on in your bet slip before placing your qualifying bet.
$350 in bonus bets total, issued as $50 per day for 7 straight days.
Each daily issuance expires 24 hours after it's issued. Use each $50 the day you receive it.
A single cash bet of $20 or more at odds of ‑500 or longer, placed within 7 days of your account being verified.
Yes. The qualifying wager has to settle, but the rewards aren't conditional on it winning.
No. Bonus bets can't be withdrawn, and the stake isn't returned on a win — but the winnings go to your cash balance, which you can withdraw.
Yes. You can redeem it in any amounts you like, down to a $0.10 minimum. You just can't combine separate bonus bets, and you can only use one per wager.
No. You're only eligible for one registration bonus, and this promotion can't be combined with any other Fanatics Sportsbook promotion.
The $1,000 offer (code FAN2026) matches your bets in FanCash over your first 10 days. This one gives $350 in bonus bets for a single $20 first bet, released $50/day over 7 days with 24-hour expiries. They're separate offers and you can only claim one.
21 states plus Washington, D.C. (listed above). It's not available in Illinois or New York.
Full Terms & Conditions
BET $20, GET $350 IN BONUS BETS REGISTRATION BONUS
1. Description of Promotion
This promotion is offered by FBG Enterprises Opco, LLC ("Fanatics Sportsbook"). New customers who establish a Fanatics Sportsbook account ("Account") and place a single wager of $20+ cash on any market with odds -500 or longer within seven (7) days from the date of establishing an Account are eligible to receive $50 in Bonus Bets each day for seven (7) straight days ("Rewards"). Rewards total $350 in Bonus Bets, issued as $50 per day over your first seven (7) days.
2. Promotion Period
This "Promotion" begins at 12:00 a.m. ET on April 17, 2026, and ends at 11:59 p.m. ET on September 17, 2026 (the "Promotional Period").
3. Eligibility
This Promotion is available to new Fanatics Sportsbook customers (i.e., you do not yet have a Fanatics Sportsbook account in any state) who establish an active and verified Account in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, OH, PA, TN, VA, VT, WV, or WY during the Promotional Period. You must be 21 years of age or older and physically present in one of the foregoing states during the Promotional Period to participate in this Promotion. You can create an Account for free on Fanatics Sportsbook's mobile application (the "App"). If you do not complete the registration process, you are ineligible to participate in this Promotion. You are only eligible for one registration bonus. If you have previously registered for an Account in any state, placed a wager on Fanatics Sportsbook in any state, or participated in this or any other registration promotion, you are ineligible to participate in this Promotion. Promotion eligibility is subject to any Account wagering restrictions/limits. Individuals on any involuntary state gambling exclusion list, state gambling self-exclusion list, and/or self-exclusion list for any Fanatics Sportsbook entity or subsidiary are ineligible to participate in this Promotion.
4. Action Required
To participate in this Promotion, you must: (i) successfully establish an active and verified Account; (ii) opt in by toggling on this Promotion in your bet slip and place a Qualifying Wager within 7 days from the date of establishing an Account. A "Qualifying Wager": (A) must be a single cash wager of $20 or more with odds -500 or longer; (B) can be placed on any Eligible Game/Market/Event defined in Section 10; (C) must settle upon the completion of the event or market; and (D) cannot constitute an Excluded Wager as defined in Section 8. If you do not place a Qualifying Wager within 7 days from the date you pass the identity verification process and successfully establish your Account (specifically, by 11:59pm ET on the 7th day), you are ineligible for the Rewards. NOTE: if you opt-in to this Promotion via the Discover or Promos page in the App, you must also toggle on the button for this Promotion in your bet slip for it to apply to your Qualifying Wager.
5. Claiming Promotional Offer
Rewards Terms (Bonus Bets):
After you complete the steps outlined in Section 4 of these Promotional Terms and Conditions, your Rewards will be credited to your Account immediately.
Rewards (Bonus Bets) will be issued in the amount(s) set forth in these Promotional Terms and Conditions but can be redeemed in any amount you choose (e.g., You can use a $100 Bonus Bet as 1x$100 Bonus Bet, 10x$10 Bonus Bets, 20x$5 Bonus Bets, etc). Minimum Bonus Bet amount is $.10.
Bonus Bets cannot be combined (e.g., if you have two $25 Bonus Bets, you cannot combine them into one $50 Bonus Bet).
You can only redeem 1 Bonus Bet per wager.
REWARD AMOUNT IS NOT INCLUDED IN ANY WINNINGS. If a bet placed using a Reward (Bonus Bet) wins, you will only receive the winnings portion of such wager (but not the initial Bonus Bet stake) as withdrawable cash in your Account (e.g., if you place a $20 Bonus Bet that wins $15, you will only receive the $15 in winnings).
Bonus Bets issued in connection with this Promotion expires twenty-four (24) hours from issuance.
Rewards may be used on any sports betting market available when you redeem your Reward.
Rewards are non-withdrawable and are not redeemable for cash or cash equivalent.
Rewards are not transferable and cannot be substituted, except in Fanatics Sportsbook's sole discretion.
Bets placed using Bonus Bets cannot be cashed out using the Cash Out feature.
6. Sportsbook Registration Procedures
To qualify for this Promotion, you must create an active and verified Account. To create an Account: (i) your identity must be verified; and (ii) you must agree to Fanatics Sportsbook's Terms of Service, House Rules, and these Promotional Terms and Conditions, as well as acknowledge our Privacy Policy. You can create an Account for free on Fanatics Sportsbook's App.
7. Limitations on Participation
Limit one (1) Qualifying Wager and a maximum of $350 in Bonus Bets ($50 Bonus Bets per day for 7 straight days). Fanatics Sportsbook expressly reserves the right to amend, suspend, or terminate this Promotion, including the administration thereof, at any time and in any state(s) without prior notice or consent. In addition, Fanatics Sportsbook, in its sole discretion, may disqualify you from participating in this Promotion for any reason. Anyone deemed to be abusing this or any other promotion in Fanatics Sportsbook's sole discretion may be prohibited from participating in this or any future promotions. This Promotion cannot be used in combination with any other Fanatics Sportsbook promotion. This Promotion is void in any jurisdiction where prohibited by law. This Promotion is not available to any employee, officer, or director of Fanatics Sportsbook, its parent and affiliates, or each of such employees', officers' and directors' immediate family members and/or those living in the same household (whether legally related or not).
8. Wagering Requirements/Exclusions
"Excluded Wagers" include: (i) bets placed with Bonus Bets or other promotional credit; (ii) cashed out bets; (iii) voided bets; and (iv) bets placed using Odds Boosts (or any other boosters).
9. Order of Funds Used for Wagering
The default when placing a bet is with cash. To place a bet using promotional credit, you must manually select the option in the bet slip window; otherwise, the bet will be placed with deposited funds (cash).
10. Eligible Games/Markets/Events
Qualifying Wagers can be placed on any sports betting market with odds -500 or longer offered by Fanatics Sportsbook within 7 days from the date you establish your Account.
11. Restrictions on Withdrawal
Bonus Bets, FanCash, or other promotional credits may not be withdrawn or redeemed for cash at any time, but any winnings from bets placed with promotional credit can be withdrawn once the winnings have been added to your Account cash balance. There are otherwise no restrictions on withdrawal for this Promotion.
12. Cancellation
To cancel your participation in this Promotion, please contact customer support on the App. Upon cancellation, you may withdraw any funds you have deposited into your Account without restriction. However, Rewards may not be withdrawn.
13. Responsible Gaming
Fanatics Sportsbook aims to consistently care for our customers and promote responsible gambling practices.
Arizona: Gambling Problem? Call 1-800-NEXT-STEP.
Colorado, Illinois, Kansas, Kentucky, Louisiana, Michigan, Missouri, New Jersey, Tennessee, Vermont, Wyoming: Gambling Problem? Call or Text 1-800-GAMBLER, or Call 1-800-522-4700.
Connecticut: Help is available for problem gambling. Call (888) 789-7777 or visit ccpg.org.
District of Columbia: Gambling Problem? Call or Text 1-800-522-4700.
Indiana: If you or someone you know has a gambling problem and wants help, call 1-800-9-WITH-IT.
Iowa: Gambling Problem? Call 1-800-BETS-OFF.
Maryland: Please play responsibly, for help visit mdgamblinghelp.org or call 1-800-GAMBLER.
Massachusetts: Hope is here: (800)-327-5050 or gamblinghelplinema.org. Must be 21+.
North Carolina: Gambling Problem? Call 877-718-5543 or visit morethanagame.nc.gov.
Ohio: Must be 21+. Gambling Problem? Call 1-800-MY-RESET.
Pennsylvania: If you or someone you know has a gambling problem, help is available. Call 1-800-GAMBLER.
Virginia: If you or someone you know has a gambling problem and wants help, call 1-888-532-3500.
West Virginia: Gambling Problem? Call 1-800-GAMBLER or visit www.1800gambler.net.
14. Other
Participation in this Promotion is subject to Fanatics Sportsbook's Terms of Service, House Rules, and these Promotional Terms and Conditions, as may be modified by Fanatics Sportsbook, and all other applicable laws, rules, and regulations. By creating an Account and participating in this Promotion, you also acknowledge that you have read and agreed to Fanatics Sportsbook's Privacy Policy.
In the event of any inconsistency between these Promotional Terms and Conditions and the relevant corresponding provision(s) of Fanatics Sportsbook's Terms of Service, these Promotional Terms and Conditions will prevail.
References to "you" or "your" throughout these Promotional Terms and Conditions are to the participants in this Promotion.
Rewards recipients will be solely responsible for all federal, state, and local taxes, and for any other fees or costs associated with the Rewards, regardless of whether the Rewards are used in whole or in part, and the Rewards' value may be reported for tax purposes as required by law.
Any questions relating to eligibility, these Promotional Terms and Conditions, or any other questions concerning this Promotion will be resolved at the sole discretion of Fanatics Sportsbook, and its decisions will be final and binding with respect thereto.
Responsible Gaming
Must be 21+ and physically present in an eligible state. Please play responsibly. Gambling Problem? Call 1-800-GAMBLER. See the state-specific helpline list in the full terms above.
Terms and conditions apply. See the full promotion terms above and in the Fanatics Sportsbook app for current offer details, promotional period, and eligibility.