Fanatics Sportsbook Maryland – Review & Sign-Up Bonus
Sign up with Fanatics Sportsbook in Maryland and claim a $200 welcome bonus. You will need to place $50 in bets to claim the full $200 bonus. But, you do not need to enter a Fanatics promo code to be eligible.
Best Maryland sportsbook welcome bonuses in February
Fanatics, one of America’s most popular sportswear and team merchandise retailers, is valued at around $27 billion, and is hoping to make a splash on the sports betting scene and could become a major player now that is has launched in Maryland.
In the Fanatics review below, we cover how to sign up, make deposits, place bets, cash out winnings, contact customer support, and more. The first thing we go over is how the $200 Fanatics sign-up offer works, so let’s jump right in!
Fanatics Maryland promo code 2024
After signing up with Fanatics Sportsbook you can claim $200 in Fanatics FanCash. Each day you place at least one $10 cash bet, you’ll get $40 in FanCash. This offer is good for your first five days with Fanatics. You do not need a Fanatics promo code to be eligible.
Fanatics welcome bonus & promo code for February 2024
|Fanatics Promo Code
|Bet $50, Get $200 in FanCash
|Bet $10 daily, Get $40 in FanCash for five straight days
|Promo Code Verified
|February 23, 2024
Terms and conditions apply to all offers. Please see Fanatics Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+
Fanatics sign-up bonus for MD — how it works
Fanatics rewards new users with up to $200 in FanCash. FanCash is different than traditional bonus bets that you’ll find at other online sportsbooks. Fanatics FanCash can be converted into bonus bets, but is also can be used to buy merchandise at the Fantics online shop.
The way the Fanatics Sportsbook bonus works is quite simple. Each day that you place at least one $10 bet, for your first five days, you get $40 in FanCash. So, make a daily $10 bet for five days and you get $200 in FanCash.
If this offer isn’t your style you can check out the DraftKings Maryland welcome bonus details. Other sportsbooks in the state offer insured first bets, which is what you’ll find at FanDuel Sportsbook, for instance. Click here for info about the $150 FanDuel welcome bonus.
Meanwhile, Caesars offers a similar welcome bonus as FanDuel, though for a slightly larger amount, up to $1,000. Click here for Caesars Maryland sign-up bonus info.
What kind of other promos might Fanatics offer?
Beyond the welcome bonus, Fanatics will likely offer additional regular promos for existing customers. That would mean that at any given time, there could potentially be four or five promos to check out, though maybe more or fewer.
One option we sort of expect to see would be odds boosts, where the sportsbook will voluntarily lessen its cut and improve the odds to sweeten the deal on certain bets. Usually, this means improving a line or a spread on a specific game or bet to offer better odds than normal.
We could also see things like profit boosts and bet insurance. These apply to specific qualifying bets, most often parlays. Profit boosts are typically percentages that act as multipliers to the dollar amount that your bet pays out if it wins (if you lose, usually you’re out of luck.)
Bet insurance and parlay insurance, on the other hand, offer refunds in the form of bonus bets — up to a set amount — if your qualifying wager loses.
Getting started at Fanatics Maryland sports betting
Making an account and getting started at a Fanatics Maryland Sportsbook will likely be easy. Here are the standard steps:
- Follow a link to the Fanatics site or app download page.
- Download the app if necessary.
- Click the sign-up button.
- Input your personal information.
- Select a banking option, and deposit money into your account.
Once you’ve submitted and verified your information, you’ll be all set to start betting on sports in Maryland.
Can I trust Fanatics Sportsbook?
Yes. Fanatics secured its license from the Maryland Sports Wagering Application Review Commission on November 16. This gives Fanatics Maryland all the regulation and oversight to provide a high degree of consumer protection. You’ll have to be 21 or older and within Maryland state lines to bet with Fanatics.
When did Fanatics Sportsbook launch in Maryland?
Fanatics became the 10th online sportsbook to launch in Maryland went it went live on June 1, 2023. Maryland became the second state with a Fanatics online sportsbook after the operator launched in Massachusetts in the previous month.
Fanatics is the exclusive official jersey retailer for the NFL. The brand is also partnered with the Washington Commanders, opening a retail Fanatics Sportsbook at FedEx Field in late January. No word yet if any deals with Baltimore Ravens are forthcoming.
Much like the retail location, when the Fanatics Sportsbook app launches, you’ll need to be at least 21 years of age and in Maryland to place bets.
How do I download the Fanatics Maryland app?
To download the Fanatics Sportsbook app, you’ll head to the online sportsbook’s website and follow the links to ensure you’re getting the correct app. Most online sportsbooks have sports betting apps for iOS and Android devices, while this makes it easier to bet on your mobile device, it’s not necessary to get the apps. Most of the time, you can use your mobile browser and get roughly the same experience.
Why should I choose the Fanatics Sportsbook app?
From what we know so far, here are some of the main likely benefits a Fanatics sportsbook could offer:
- NFL partnership: Fanatics is aiming to be a one-stop shop for NFL fans. As the exclusive NFL jersey retailer, Fanatics could end up securing NFL streaming rights and integrating live video feeds into the sportsbook platform. It also could provide NFL news and other content through the same platform.
- Competitive odds: This will be a major area to keep our eyes on if the Fanatics sportsbook launches in Maryland. Having top odds can make or break a sportsbook.
- Lots of bets: Whether you’re into the NFL or the NBA, or you’re a Maryland Terrapins fan looking to bet on college sports, you should be able to find what you’re looking for.
What won’t I like about the Fanatics sports betting app?
Here are some areas that we think Fanatics Sportsbook might stand to improve on:
- Frequency of bonuses: We’ll be interested to see the types of bonuses that a new sportsbook like Fanatics might offer. And just as importantly, how often users can claim them.
- App optimization: Fanatics has a lot of experience when it comes to a user’s online experience. Whether that experience will transfer over to a sports betting app remains to be seen.
- Payout speed: Banking as a whole is one of the most important areas of an online sportsbook. We’re hopeful that Fanatics has withdrawal options that allow users to get their money in a timely manner.
What kind of bets can I make at Fanatics online sports betting?
Standard options include moneyline, spread, over/under, prop, and futures wagers. Here are some examples of what you might find on the Fanatics platform.
Which team is the favorite, and which is the underdog?
On a moneyline or spread bet, it’s easy to tell which team is the favorite and which is the underdog. Favorites have negative numbers (-120 or -3.5, respectively, for example), and underdogs have positive numbers (+110 or +3.5, say).
What do the odds mean?
On a moneyline, the odds correspond to the amount a bet pays out, or how much you have to bet to receive a specific payout. If the Terrapins are +150 on the moneyline, a $100 bet would stand to win $150. If the moneyline is -180, a bet of $180 would stand to win $100.
How point-spread betting works
Point spreads are bets that consider the margin of victory in addition to the winning and losing teams. If you bet on the Terrapins at -4.5, they’d have to win by five or more for the bet to cash. If they’re +3.5, on the other hand, they can lose by three or fewer points and the bet would still win. And in that second example, the bet would also win if Maryland won by any score.
How to bet on totals
Total bets (aka over/under bets) don’t care about which team wins, but rather just the total number of points both teams will combine to score.
Prop betting at Fanatics
Like totals, prop bets generally don’t have much to do with picking which team will win the game. Instead, these are bets on other events within the game, like individual players to score a set number of points or other specific in-game situations.
Parlays at Fanatics
When you create a parlay, you make one bet that consists of multiple component wagers. The more components (or “legs”), the higher the odds. For your bet to win, all of the individual component wagers need to be correct. At most sportsbooks, you can make a parlay that includes bets from multiple games or one with multiple wagers all from the same game.
Sports betting futures are bets on season-long outcomes or what will happen in a distant tournament or postseason series. You might bet on a Super Bowl winner at the beginning of the NFL regular season, for instance. These bets tend to have high odds and can be notoriously difficult to win.
Live bets are bets that you make while the game is in progress. In the live betting section of the platform, sportsbooks offer live odds that change depending on events in the game. This allows you to bet on games while you watch them.
Can I bet on the Maryland Terrapins at Fanatics MD?
Yes. You can bet on the Maryland Terrapins football and basketball teams in the state, along with plenty of other NCAA football and basketball teams. You’ll likely notice even more promos and betting options around special events, like March Madness.
The standard bets will likely all be there, as well — moneylines, spreads, parlays and futures will be easy to find, and you should be eligible for frequent promos.
How do I get money on (and off!) a Fanatics online sportsbook quickly?
Online sportsbooks tend to offer an array of banking options. Here are some of the ways you will be able to deposit at Fanatics:
- Credit or debit card (Visa, Mastercard)
- Online bank transfer
- ACH e-check
- Online wallet (PayPal, Skrill, etc.)
Note that when it comes to withdrawals, sometimes the processing times can vary. Online wallets tend to process fairly quickly, while methods like e-checks can take longer. Online banking speeds can depend on your individual bank’s rules and practices.
Currently, Fanatics does not have an in-person retail sportsbook. This may change in the future.
How do I get help at Fanatics Sportsbook?
Fanatics offers several methods for customer support in the event you have an issue. You can use a 24/7 live chat, an email form for non-urgent queries, and there’s also a phone line listed on the Fanatics website.
How do I exclude myself from Fanatics?
If you feel that your gambling is becoming an issue, you’ll be able to head to the responsible gambling section of the Fanatics sportsbook website. There, you’ll likely find options to limit the amount you deposit, bet or lose in a set time frame or the amount of time you spend on the site.
If you feel your gambling is becoming a problem, there is also the National Problem Gambling Helpline at 1-800-522-4700.
How does Fanatics compare to other Maryland sportsbooks?
That’s the question we can’t wait to answer, but until Fanatics unveils its online sportsbook, there’s no way to evaluate it. Some of the biggest questions we’ll be looking to answer are:
- What is the Fanatics sign-up bonus, and how rewarding is it?
- Apart from the Fanatics welcome bonus, what types of promotions are offered?
- How do the odds at Fanatics Sportsbook compare to competitors like DraftKings, FanDuel, Caesars, BetMGM, and BetRivers?
- What are the live betting markets like at Fanatics?
Fanatics Sportsbook Review FAQs
You don’t need a Fanatics Sportsbook bonus code to claim the $200 welcome bonus. Check out the Fanatics Sportsbook promo code section above for full details.
Fanatics has a partnership with the NFL that could make it a standout option for football fans.
We’re in wait-and-see mode regarding seeing how Fanatics’ odds will compare to other top online sportsbooks in Maryland.
You need to be 21 or older to sign up with Fanatics Sportsbook in Maryland.
Yes, as a licensed online sportsbook, we believe Fanatics is a legitimate sportsbook for Maryland bettors.
Yes, the Fanatics Sportsbook iOS app works great and is available for Apple mobile devices.
Yes, the Fanatics Sportsbook Android app works great and is available for you mobile devices that run on the Android operating system.
No, Fanatics Sportsbook does not have a website currently. You will need to download the Fanatics iOS or Android app to bet with Fanatics.