Fanatics Sportsbook FanCash: What It Is & How It Works

If you're new to Fanatics Sportsbook, one of the first things you'll notice when logging into their sports betting app is a pair of prominently displayed dollar amounts. One of them, of course, is the balance you have available in your count to place bets. The other? That's FanCash.

So, what is FanCash? We'll get into plenty of detail describing Fanatics' rewards system on this page, but in short: FanCash is Fanatics' loyalty currency, which you can earn by placing bets and redeem for Bonus Bets and discounts on Fanatics merchandise. It's one of the most useful styles of sportsbook rewards because it doesn't just apply to sports betting; you can also use it to buy your favorite team's Fanatics gear.

The first thing to know about FanCash is that it's a part of the Fanatics ONE rewards system. Many sportsbooks and gaming apps give users points for playing that can be redeemed for profit boosts or bonus bets — FanDuel just introduced their Rewards Club, for example.

With Fanatics, however, rewards come in the form of FanCash that has an equal value to US dollars when redeemed. This has a couple of benefits for users:

• You don't have to track your own progress. Many sportsbooks require you to accrue a certain amount of points in order to redeem prizes. This can make it annoying for users to keep checking how many points they have and how many they need to redeem a bonus. With Fanatics, your FanCash is prominently displayed and equal to real money.
• You don't have to reach a certain threshold to use FanCash — save for the $0.10 minimum, but you'll want to redeem more than 10 cents anyway. Instead of having to reach a square number like 1,000 points, for example, you'll always be able to use as much of your FanCash as you want on Bonus Bets and merch purchases. 

There are different tiers to Fanatics ONE that require thresholds and points, on the other hand — we'll get into those further down on this page.

FanCash Tiers

Like many sportsbook rewards systems, Fanatics One operates on a tiered system — rewards improve as you climb to higher tiers. As a result, the ways you can earn and use FanCash also gradually improve as you climb to higher tiers, and you also get a nice bonus in FanCash for graduating into a new tier.

Here's a breakdown of how your FanCash rewards improve from tier to tier:

*When you grade cards through Fanatics Collect

Once you reach a tier, you'll keep that tier for the remainder of the current calendar year, as well as the calendar year after. You have until December 31st, 11:59 PM ET of the current year to earn tier points to progress through Fanatics ONE tiers. Your tier points will reset to 0 for the new earning year annually on January 1st at 12:00 AM ET.