Fanatics Sportsbook has been accepting bets in Maryland, Massachusetts, Ohio, and Tennessee for several months but always referred to operations as being in beta,
The beta and soft-launch period is officially over though and the sportsbook app is available on iOS and Android for anyone in any of the four listed states.
“After six months of beta testing, we are excited to officially launch the Fanatics Sportsbook product to the public,” said Scot McClintic, Chief Product Officer, Fanatics Betting and Gaming. “We are laser focused on solving pain points facing customers by offering a faster, easier, and a more rewarding sports betting experience. The strategic patience to build a product for the long-term has given us an opportunity to redefine a customer’s expectation of what a sportsbook should be. With the Fanatics Sportsbook product foundation built and wholly owned, customers should expect unparalleled speed of feature improvement, delivery, and innovation.”
With the full rollout, there are now new details about how the much-touted FanCash rewards program will work.
Depending on what kind of wager users place, they can learn anywhere from 1-5% back on their bet in FanCash that can be used in the Fanatics store. Here is how the bets break down:
- Straight bets: 1% back as FanCash
- Parlay bets: 3% back as FanCash
- Same Game Parlays: 5% back as FanCash
The app also allows for individual user customization and a Discover page to highlight the most interesting and worthwhile sporting events. The app also promises transparency in the withdrawal process, where users can see exactly what step your withdrawal is on.
Fanatics is in the process of rolling out in more states, including New York. Fanatics is not part of the initial crop of applicants in Kentucky but is planning to roll out in several existing sports betting states this fall such as Illinois.