Fanatics Sportsbook rolls out Bet $50, get $250 FanCash promo for Alvarez–Crawford fight
New-user offer ties a guaranteed FanCash reward to Saturday's high-profile bout at Allegiant Stadium as sportsbook lists eligibility and additional opt-in terms in its app
Fanatics Sportsbook is offering new customers a "Bet $50, get $250 in FanCash" promotion tied to the highly anticipated Canelo Alvarez–Terence Crawford bout scheduled for Saturday night at Allegiant Stadium in Las Vegas.
Under the promotion, qualifying new users who place a $50 wager will automatically receive $250 in FanCash, the sportsbook's in-app betting credit that can be used to place subsequent wagers. Fanatics said the offer is available to new customers in several states, including Arizona, Colorado, Connecticut, the District of Columbia, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, North Carolina, New Jersey, Ohio, Pennsylvania, Tennessee, Virginia, Vermont, West Virginia and Wyoming. Customers should consult the Fanatics Sportsbook app for a full list of eligible jurisdictions and any state-specific restrictions.
Fanatics outlined a simple sign-up flow for the offer: select the bonus, choose the state of residence, complete account registration, enter the promo code, and make a deposit. The company also highlighted a related opt-in structure for new customers in certain states, under which players must opt in and wager at least $10 in cash on any market with odds of -500 or longer to receive $50 in FanCash each day for the first five days after account establishment. Those daily FanCash awards are issued when the qualifying wagers settle, and the five-day period begins the day an account is opened. Fanatics directed customers to the app for full promotion and FanCash terms.
The offer arrives as Alvarez (63-2-2, 39 KOs) and Crawford (41-0, 31 KOs) meet in a bout that will determine the undisputed super middleweight champion and will be shown live on Netflix. Alvarez entered the matchup as the betting favorite at Fanatics Sportsbook with odds of -180, while Crawford was listed as the underdog at +150. Crawford, a southpaw, holds a fractional height and reach edge but is moving up two weight classes to fight at super middleweight.
Promotional pushes tied to marquee fights are common in the sports-betting industry, where sportsbooks use sign-up bonuses and risk-management credits to attract new customers and drive engagement on high-profile event nights. Fanatics' promotion combines a single guaranteed FanCash award for a qualifying opening wager with a separate multi-day incentive for certain new accounts, reflecting a layered approach to customer acquisition.
Participants should note that FanCash is not the same as withdrawable cash: it is credit usable for future wagers within the Fanatics Sportsbook platform and is subject to the app's wagering and redemption rules. Fanatics emphasized that full terms, including state eligibility, opt-in requirements, payout mechanics and any expiration or wagering requirements, are available in the Fanatics Sportsbook app and must be reviewed before participating.
The promotion and the bout itself are regulated by state gambling authorities, and availability varies by jurisdiction. Prospective customers were advised to check local laws and the Fanatics app for the definitive terms and conditions that govern eligibility and award distribution.