Fanatics Sportsbook Maryland – Review & Sign-Up Bonus

Disclaimer: Fanatics has not yet launched an online sportsbook. This review is speculative, and we will update it when the Fanatics Sportsbook app launches in Maryland.

In late May of 2022, Fanatics, one of America’s most popular sportswear and team merchandise retailers, filed for a trademark for a new sportsbook: BetFanatics. With Fanatics valued at around $27 billion, the company seems poised to make a splash on the sports betting scene and could end up being a major player if it launches. Though it isn’t clear exactly when a Fanatics sportsbook might go live, the trademark filing shows a potential plan to do so.

On this page, we’ll break down the potential arrival of Fanatics sportsbook in Maryland. We’ll talk about possible features, promotions, and the likelihood of a welcome bonus for new users.

Why choose Fanatics Sportsbook in Maryland

  • Likely high-value welcome bonus.
  • Partnership with NFL means potential for in-app streaming.
  • Backing of a large company.

When is Fanatics Sportsbook launching in Maryland? 

We can’t know for sure when Fanatics could launch a sportsbook in Maryland, or anywhere for that matter. If everything falls into place, it could be in time for the start of the 2022-23 NFL season in September, but at this point, it’s difficult to know. So far, reports indicate that Fanatics has acquired funding for a sportsbook app and has filed its request for a trademark.

As the exclusive official jersey retailer for the NFL, it’s likely that a Fanatics sportsbook will have partnerships with the league and some of its franchises — like the Baltimore Ravens, for example.

Once there is such a thing as Fanatics Sportsbook Maryland, making an account should be pretty straightforward. You’ll just need to be 21 or older, and you’ll need to be in Maryland to place bets.

Fanatics promo code Maryland 2022

If Fanatics launches in Maryland, it will almost certainly have a welcome bonus for new users. While we can’t know exactly what this will be, two potential options are a risk-free bet or a deposit matching bonus, possibly with a maximum in the vicinity of $500 to $1,000.

To claim the Fanatics Sportsbook promotion once it’s available, all you’ll have to do is follow a link from this page to the BetFanatics website and enter a Fanatics Sportsbook promo code (if necessary) when you create an account.

Fanatics sign-up bonus for MD — how it works 

Judging by what other sportsbooks offer, though, there are a few likely options for a potential bonus for new customers. Here’s a quick rundown:

Risk-free bet

If Fanatics offers you a “risk-free bet,” it’s offering a refund of your first bet in the event that it loses. So, if you make your first wager — $200 on the Ravens moneyline, for example — and it loses, you would receive a refund of $200, likely either as a free bet or bet credits. On the other hand, if your first bet wins, you would collect your payout as normal.

So if Fanatics offers a “risk-free $1,000” promo, that $1,000 figure is referring to the maximum potential refund.

Deposit matching bonus 

Another common type of sign-up promo is a matching promo based on your first deposit. The maximum value of these bonuses varies quite a bit, potentially from around $250 to $1,000.

The promo will match a percentage of your deposit. This could be a 100% match, or it could be for a smaller percentage, like 25%. For example, if the sportsbook was offering 25% up to $500, and you deposited $200, your account would show a total balance of $250 ($200 deposit plus $50 in matching bonus funds).

Free bets 

These types of promos are best for casual bettors since they don’t require you to make a large deposit. One way these promos can work is a “bet X, get X” format, where if you bet a small amount (say, $5 or $10), you get a larger amount in free bets (maybe $100 to $500).

These free bet promos are becoming more and more popular as sportsbooks try to attract casual players. Right now, Bet365 Sports is offering a $200 free bet with your first $1 bet, and WynnBET will offer the same value with a $200 bet. Other books, like FanDuel Sports, have offered this kind of promo in the past, as well. If you’re not looking to make a large first deposit or first bet, then something like this from BetFanatics would be something to look for.

Can I trust Fanatics Sportsbook?

Yes. Assuming Fanatics can secure its license from the Maryland Sports Wagering Application Review Commission, then it will have 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.

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 to expect:

  • Follow a link to the BetFanatics 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.

How do I download the Fanatics Maryland app? 

We would expect a Fanatics sportsbook to have sports betting apps for iOS and Android devices. For downloading, most online sportsbooks will have direct links to the correct download page at each store — the App Store and Google Play — on their homepage or in their main menu.

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 free bets — up to a set amount — if your qualifying wager loses.

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 BetFanatics 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.

Futures bets 

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 betting

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 may end up being 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.

In-person option

Currently, Fanatics does not have an in-person retail sportsbook. This may change in the future, though.

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?

Once it becomes available in the state, we expect a Fanatics sportsbook to stack up well against other potential online sportsbooks in Maryland. It will be a new sportsbook and will likely be looking to prove itself against the more established names. On top of that, Fanatics’ partnership with the NFL could make it a particularly appealing option for football fans.

Fanatics Sportsbook Maryland FAQ

What is the Fanatics sportsbook promo code?

Until Fanatics Sportsbook debuts in Maryland, we won’t know for sure whether you need to enter a Fanatics Sportsbook code to claim a welcome bonus when you create your account.

What sets Fanatics apart in comparison to other Maryland sportsbooks?

Fanatics has a partnership with the NFL that could make it a standout option for football fans.

Who has better odds — Fanatics, Caesars, DraftKings, or FanDuel?

We’re in wait-and-see mode when it comes to seeing how Fanatics’ odds will compare to other top online sportsbooks in Maryland.

Will you be able to bet on college sports at Fanatics Sportsbook Maryland?

Yes, if Fanatics launches in Maryland, you will be able to bet on college sports, including games involving the Maryland Terrapins and other college teams based in MD.

Is Fanatics a legitimate sportsbook for MD sports bettors?

If it becomes licensed and regulated in the state, it will be, yes.

Does Fanatics have an iOS app?

Fanatics will almost certainly have a free sportsbook app for iOS and Android.