Is Fanatics FanCash Better Than Other Sportsbook Rewards?
Fanatics, an online retailer in sports apparel, has put its stamp on the sports betting industry. After six months of beta testing, the Fanatics Sportsbook app is available for download on iOS and Android for bettors living and visiting the states of Maryland, Massachusetts, Ohio, and Tennessee. Its FanCash rewards program is being used to claim it is the “most rewarding sportsbook.” Is that truly the case? We took a look and compared it to other popular sportsbooks.
While Fanatics has a competitive rewards program, there’s still a long waiting period and high dollar amount required before accumulating any meaningful bonus bets. The sports betting sites below offer the best sportsbook promo codes, increasing the chances of new users jump-starting their balance. Just click PLAY NOW to begin.
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A portion of the Fanatics Sportsbook app involves introducing a novel term to your betting vocabulary: FanCash. The rewards program allows Fanatics users to earn bonus bets with every wager. FanCash earned on the sportsbook can also be used towards fan apparel and merchandise purchases too at Fanatics.
Here are the earning tiers for FanCash on Fanatics Sportsbook:
- 5% back on every same-game parlay
- 3% on standard parlays
- 1% back on straight bets
For novice bettors, the latter phrase refers to a single wager in a betting market, such as a point spread, moneyline, or total. At these percentages, users will reel in $5 in bonus bets for every $100 spent on SGPs, $3 for every $100 on regular parlays and $1 for every $100 on straight bets.
FanCash vs. Other Sportsbook Rewards
Caesars Rewards
Let’s compare FanCash to Caesars Sportsbook. The Caesars Rewards program allows bettors to accumulate reward credits through sportsbook activity and other spending at over 50 destinations.
Customers acquire up to 20 reward credits for every $100 bet on parlays and up to 10 reward credits for every $100 wagered on straight bets. However, you need 100 reward credits for $1.00 in bonus cash. Hence, you need to bet $500 in parlays to receive $1.00 in bonus bets and $1,000 in straight bets for that same $1.00 in bonus bets.
Here are the earning tiers for bonus bets then on Caesars Sportsbook:
- 0.20% back for parlays
- 0.10% back for straight bets
From purely a dollar-for-dollar perspective, Fanatics provides its user base a faster bonus bets back rewards program.
It should be noted though Caesars Rewards offers a more diverse rewards program that can be used towards free or discounted hotel reservations, dining options, spas, show tickets, and more.
BetMGM Rewards
BetMGM Sportsbook allows user to generate BetMGM Rewards Points. It takes 800 BRPs to earn a $10 bonus bet. Users on the app receive 20 BRPs for every $100 bet in straight wagers and 50 BRPs for every $100 in parlays. Therefore, it takes $4,000 in straight bets to earn a $10 bonus bet and $1,600 in parlays to earn a $10 bonus bet.
Here are the earning tiers for bonus bets then on BetMGM Sportsbook:
- 0.625% back for parlays
- 0.25% back for straight bets
This makes FanCash again the faster earning program for bonus bets.
DraftKings Crowns
DraftKings Sportsbook users get one crown for every $1.00 wagered on parlays and same game parlays and one crown for every $2.00 spent on straight bets and futures. 550 crowns is equal to $1.00 in bonus bets. Therefore, it takes $550 in parlays to earn a $1 bonus bet and $1,100 in straight bets or futures to earn a $1.00 bonus bet.
Here are the earning tiers for bonus bets then on DraftKings Sportsbook:
- 0.18% back for parlays
- 0.09% back for straight bets
Again, Fanatics Sportsbook beats these bonus bet earning parameters quite easily.
How About FanDuel Sportsbook?
At this time, FanDuel doesn’t not have an area within the app for rewards or earning bonus bets back.
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