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BetFanatics Promo Code

Fanatics Sportsbook Bonus

Track Bonus for BetFanatics Launch

BetFanatics Promo Code

Our team is already tracking the BetFanatics promo code offers expected to be announced with the new sportsbook poised to launch in Ohio at some point during the 2022-23 NFL season. Bookmark this page to be the first to know when BetFanatics announces its first-ever bonus offer!

Fanatics Sportsbook Ohio Bonus Details

Track BetFanatics Promo Code Offers Ahead of Ohio Launch

The long-anticipated launch of Fanatics Sportsbook is growing nearer as the company prepares for a January 1, 2021 launch in Ohio. While many details remain unknown, one thing is clear, Fanatics has applied for a sports betting license in Ohio, and is working to have it's sportsbook ready for regulatory approval in the Buckeye State.

In this article, we will take a closer look at the BetFanatics promo code offers that new users can expect to see once the sportsbook is officially ready to launch in Ohio. This includes the types of offers bettors should expect to see, what pre-registration bonus offers will be available, and how BetFanatics promotions will work.

BetFanatics Ohio Details

While its intentions to enter the sports betting market as soon as possible have been obvious, Fanatics has remained relatively tight-lipped regarding the details surrounding the launch of its sportsbook. That being said, we do know that they have applied for a sports betting license in Ohio, and are actively building out the technology that will power the sportsbook website and app. Find the specifics for what we know regarding BetFanatics pending Ohio launch in the table below.

Sportsbook:BetFanatics
State Licenses:Pending Approval in Ohio
Launch Date:January 1, 2022
Promo Code Offer:TBD - Pre-registration bonus offers expected in November

An Ohio launch makes sense for BetFanatics as Ohio sports betting appears to be the next major domino to fall in the U.S. However, BetFanatics will have plenty of competition in the state. The list of sportsbooks that have applied for a license in the state is up to 25. This includes industry leaders like DraftKings, FanDuel, Caesars, BetMGM, Barstool, and PointsBet.

The first pre-registration bonus offers have already been announced for mid-November. This puts BetFanatics on the clock to wrap up their build and announce its first bonus offers for Ohio bettors. Be sure to follow this page for any announcements regarding the initial BetFanatics promo code offers.

BetFanatics Sportsbook History

BetFanatics Sportsbook Overview

Fanatics, a giant in the sportswear world, has been making splashes across a few different industries. They have turned the sports trading cards world upside down, acquiring exclusive NFL, NBA, and MLB licenses. To facilitate that move, they have also purchased card manufacturer Panini to accommodate their manufacturing needs.

The world of sports betting is considered a low-margin, high-risk venture, with the most prominent companies spending millions at the very least developing the necessary technology and bringing in customers. With the announcement of BetFanatics Sportsbook, it is clear that Fanatics is set on making its move into the sports betting industry as well.

Fanatics for Global Sports Dominance

Fanatics has clarified that they wish to be a “global digital platform for sports.” Doing so includes not only sports merchandise and trading cards but also sports betting and gaming. They aim to be the Target or Walmart of the sports world – a one-stop shop for sports fans around the U.S.

Fanatics is not the only one making a fresh foray into that world. SI Sportsbook (Sports Illustrated) and Fubo Sportsbook (FuboTV) have since created their sportsbook, and Disney-owned ESPN has also made deals with several sportsbook operators.

It should be no surprise that Fanatics would enter the fray given how potentially lucrative it could be, particularly to a company attempting to have a broader reach. As CEO Michael Rubin put it, the goal is for Fanatics to become the global brand when it comes to sports in the digital world. And it appears that BetFanatics is a major step toward making that goal a reality.

BetFanatics Sportsbook Tech: Partner or Platform?

The million-dollar question becomes whether Fanatics will buy their own platform or partner up with someone. The BetFanatics brand has made its intentions clear, but there remains a question on just how they will get into sports betting.

We have rumors as to how Fanatics will build its sportsbook, but it appears they are set on building out their own tech from the ground up. That being said, they may also purchase an existing sportsbook operator to streamline the process.

Partnering with someone like DraftKings or FanDuel seems unlikely though it is not necessarily impossible. We saw 888Sport essentially shut down its sportsbook operations when the partnership with SI Sportsbook was announced.

Here are the most realistic options for the BetFanatics Sportsbook build-out:

  • Source Coding: On paper, it seems like this may be the play. After all, there was a report earlier in the year that Fanatics had already bought source code from Amelco. BetFanatics has since denied the existence of a deal.

    The problem is that many feel that Amelco has an inferior source code that would require manager changes and work for Fanatics to be competitive with some of the biggest names in the betting world. There are two schools of thought on buying source code. It can be cheaper than just buying the front end but would ultimately cost hiring engineers to perform work on the code and maintain the platform at large. That means creating an entirely new division that would be solely for running and maintaining the sportsbook.

  • Tech Stack: There is also the option of buying a tech stack, which makes the most sense on paper. The primary issue involved here is the significant costs of purchasing a tech stack.

    The benefit is that you also get hundreds of engineers, a full capability within the sports realm, and full service from the start.

    There have been talks of purchasing Kambi, a B2B sportsbook manager. Kambi would handle pricing, risk management, integrity monitoring, and even customer support. These are all things that Fanatics Sportsbook would need to build out before launching.

    Essentially, buying a tech stack would mean purchasing a front-facing or “white-label” platform. It also means that other companies could use the platform, bringing shared revenue options into play. Given that they already have a relationship with Kambi, it certainly makes sense.

  • Partnering with An Existing Sportsbook: The final option is to either acquire or partner with an existing company that would provide the market that Fanatics has been looking for. This is the quickest means to market, including a tested, functioning platform.

    The problem here is that it would leave Fanatics not being a front-facing brand. It means that the company and Fanatics would have access to the same database of highly sought-after consumers.

Where Will BetFanatics Be Available

Where Will BetFanatics Be Available?

While the debate regarding the tech behind BetFanatics continues, other moves in play indicate it may be over and that Fanatics is set to go at sports betting on its own. They have already tried to get into the New York market and are at the forefront in trying to start the initiative for California.

A partnership with many smaller companies – Rush Street Interactive or PointsBet being the most logical – could not only get them into the New York market but could give them the start they would be looking for. It also means gaining a foothold in several states with an easy footprint to expand.

Should BetFanatics allow the sportsbook to grow organically, we could see them expand as new states legalize sports betting. In addition to Ohio, legal sports betting is expected to begin in Maryland, Massachusetts, and Maine in 2023. Given the financial stability Fanatics enjoys thanks to the apparel business, we could see the sportsbook, while slow to launch, ramp up quickly and enter several betting markets by the end of this football season.

Types of Bonus Offers Available at BetFanatics

One of the big questions surrounding the launch of the BetFanatics sports betting app is the type of bonus offers they will provide. While most bettors are hoping for a bet-get promotion similar to our current DraftKings promo code offer, there are several other possibilities. Here is a look at the most common bonus offers available this September:

Risk Free Bet Offers

With this type of promotion, new players get a one-time risk free wager. If your first bet fails to cash, the sportsbook gives you the bet back in site credit. While risk-free bet promotions are popular among sportsbook operators, they are the least popular among sports bettors.

Free Bet Offers

The most common way sportsbooks give away free bets is in the for of bet-get promotions. For instance, the current bet $5, get $200 free offer from DraftKings pays the bonus in free bets. Free bet offers are by far the most popular among bettors. Sportsbooks currently offer free bets including DraftKings, BetMGM, SI Sportsbook, and Unibet.

Deposit Bonus Offers

A deposit bonus is typically a 100% match of your initial deposit. While these used to be a popular offer, gone are the days when every sportsbook offered a 100% deposit bonus. At the moment, only the Tipico bonus offer includes a deposit bonus.

We will update this page the moment we get the details for the initial BetFantatics bonus offer. With the Ohio launch date only three months away, that announcement could come any day.

BetFanatics FAQ

Though most folks of heard of the apparel conglomerate Fanatics, they are brand new to the sportsbook industry. Because of that, sports bettors will have lots of questions about BetFanatics and their promo codes. Here are some of the top questions we have received.

Is BetFanatics safe?

Yes, although BetFanatics has not launched yet, they will be held to the same strict rules and regulations that all US sportsbooks have to abide by. Your money and personal info will be very safe with BetFanatics.

When will BetFanatics launch?

With sports betting set to go live in Ohio on January 1, 2023, BetFanatics will use that as their go-live date in the Buckeye State. They also have a license to operate in Maryland, which could launch before 2022 is over.

What sports can I bet on with BetFanatics?

Anything and everything! BetFanatics should offer all the same markets as other US sportsbooks. Baseball, basketball, football, golf, hockey, and a slew of other sports will be available to wager on.

How do deposits and withdrawals work at BetFanatics?

While we don't yet know all of the cashier options that BetFanatics will offer, we can assume they'll provide a plethora of them. As one of the largest online retailers, we can safely assume that both the depositing and withdrawing process will be a breeze at BetFanatics.

What is BetFanatics current promo code offer?

We don't know yet. Pre-registration offers in Ohio should start sometime in October for their January 1 launch. Stay tuned to this page for all the latest info.

Will BetFanatics have a mobile app?

Yes, BetFanatics should have one of the top sports betting apps in the business. The company recently added Matt King to their team, who was the CEO of FanDuel for quite some time.

What will be the minimum age to bet on BetFanatics?

The minimum age to bet on sports in most states is 21 years old. That will be the age requirement with BetFanatics.
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