Fanatics Markets Promo Code: No Deposit Fees in Dec. 2025

Fanatics Markets promo code terms and conditions

Fanatics Markets launched in 24 states in the first week of December. To begin, players in these states can take advantage of no transaction fees through Jan. 12. After that date, a 2% deposit fee will apply. The minimum deposit is $5.

You must be at least 21 years of age to make trades at Fanatics Markets. No Fanatics promo code is needed to snag the initial no deposit fee bonus. However, you will need to supply personal information, such as your email, full name, date of birth, and banking information.

Best Fanatics Markets bonus offers for new users

When it comes to bonus offers for new users, Fanatics Markets initially lags behind the competition. Through Jan. 12, new and existing users can take advantage of no deposit fees. The app states that a 2% fee will apply to payment methods after that point. The only way to avoid this fee is via wire transfer, but the minimum deposit for a wire transfer is $1,000.

While it's nice not to have to pay a fee to deposit, this is the norm at most of the best Prediction markets. For example, Kalshi has a 2% fee for Apple Pay and deposits via credit or debit cards, but at least you can perform a bank transfer without a fee. At Fanatics Markets, even bank transfers have the 2% fee attached to them.

Additionally, with Kalshi promo code SBR, you can grab a $10 bonus after purchasing $100 in event contracts. No such promotion exists at Fanatics Markets. And while Kalshi also provides $10 for inviting friends, with a max bonus of $1,500, Fanatics Markets doesn't offer any type of refer-a-friend promo at this time.

Is Fanatics Markets legal?

Yes, Fanatics Markets is legal and regulated in 24 states. Fanatics partnered with Crypto.com and acquired Paragon Global Markets earlier this year. This gives Fanatics Markets membership in the National Futures Association, and it allows for clearance through the Commodity Futures Trading Commission (CFTC). 

Despite all of this, there's no guarantee that the platform will remain available in all 24 states. Earlier this year, Kalshi was sent cease-and-desist letters from Nevada, New Jersey, Ohio, Illinois, and Maryland, while regulators in other states, such as Tennessee, have demanded that the CFTC shut down these prediction markets.

For now, if you're located in Alabama, Alaska, California, Delaware, Florida, Georgia, Hawaii, Idaho, Maine, Minnesota, Mississippi, Nebraska, New Hampshire, New Mexico, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Texas, Utah, Washington, or Wisconsin, you can enjoy Fanatics Markets.

What is Fanatics Markets?

Fanatics Markets is a prediction market. Like other similar apps, Fanatics Markets works as a hybrid between a traditional sportsbook and a stock trading platform. 

At Fanatics Markets, users will purchase contracts for a set price rather than betting money against the house. For example, if it's determined that the Detroit Lions have a 60% chance of beating the Dallas Cowboys and you want to back the Lions, you'll purchase contracts for 60 cents each. You can purchase as many as you want. If the Lions win, then each contract will be worth $1, meaning you'll earn a 40-cent profit for each contract you own.

The major difference between prediction markets and sportsbooks is that you're not playing against the house. At Fanatics Sportsbook, all wagers you make are against Fanatics Sportsbook. However, at Fanatics Markets, you're playing against other users. So if you were to purchase a contract for 49 cents, then you'd be matched with someone with a 51-cent contract.

Initially, prediction markets didn't have VIG, which was a huge positive compared to sportsbooks. However, after reviewing Fanatics Markets, opposing sides rarely add up to $1, meaning the platform is adding in a couple extra cents for itself.

Because of the nature of prediction markets, purchase prices can shift more significantly than the lines at sportsbooks. Therefore, we recommend tracking the best sports picks and betting odds from other sites, like the Fanatics Sportsbook, to see if you're actually getting a good deal with the contract you're thinking about buying.

How do you use the Fanatics Markets promo code?

While there is no Fanatics Markets promo code at this time, it's still important that you understand what is necessary to sign up with the app, make purchases, and ultimately withdraw your earnings. Below, we dive into everything you need to know about this process.

Register

If you already have a Fanatics ONE account, then all you need to do is input your email address and password. If you don't have an account, then you'll need to create an account with your email address. You'll also need to provide personal information such as your name, date of birth, and address.

After you register, the app will ask you four follow-up questions. These questions look for further information about your household income, your estimated net worth, and your previous history with trading stocks.

Deposit funds

Fanatics Markets doesn't have many deposit methods available, and as stated earlier, after Jan. 12, each will carry a 2% fee. That said, you can use either online banking, a debit card, or Apple Pay to deposit. The minimum deposit is $5. If you're planning on making a deposit of $1,000 or more, you can use a wire transfer and avoid the 2% fee.

Start trading

Once you've deposited funds, all that's left to do is trade. You can select from various available sports, including the NFL, NBA, college football and basketball, NHL, and more. You can also make trades related to the economy, elections, and entertainment events like the Oscars.

To make a trade, you will simply select the prediction you want to make. You will then be asked for your order price. Insert the amount you want, then hit place order.

Withdraw earnings

After you've earned money via your trades, you can withdraw your earnings. To do this, simply head to your account, press withdraw, and then choose how much you want to withdraw and the available method you want to withdraw with. 

Deposits take a bit of time to register, so any withdrawals that you try to make shortly after placing a deposit will be considered refunds.

Fanatics Markets review

While Fanatics Markets is brand new, it still features many of the same great elements we've come to expect from Fanatics, thanks to its sportsbook and casino. Fanatics Markets isn't entering the industry blind. Instead, the platform feels well thought out, with plenty of markets available and a great user interface. That said, the app is not without its drawbacks.

Who is Fanatics Markets for?

If you love sports betting, then you'll love Fanatics Markets. But there is so much more to Fanatics Markets than sports. While this app will serve as a great alternative to regular sportsbooks for those who are in states without legalized sports betting, this app may also end up being a favorite of users who want to make niche predictions.

While all major sporting events are covered, you can also make trades related to politics, the Oscars, and the economy. For example, at the time of writing, there are markets available for the "Unemployment Rate in Nov. 2025" and "Fed Decision in Dec. 2025." You can also make trades regarding who will be the Republican and Democratic Presidential nominees, who will win Best Actress, and more.

User ratings and reviews

Fanatics Markets is so new that there aren't many user reviews or ratings available yet. However, the Fanatics Sportsbook and Casino app has a 4.8 rating in the App Store and a 4.7 rating in the Google Play Store. Considering the Fanatics Markets app shares a lot of similarities with its sportsbook and casino counterpart, I'd expect high ratings once enough data has been compiled.

Fanatics Markets at a glance

The main difference between Fanatics Markets and Fanatics Sportsbook is the markets that are offered. While traditional sportsbooks in the United States are limited in what they can offer, Fanatics Markets is able to offer entertainment and political markets.

The other key difference is how money is exchanged. At a sportsbook, you place a bet at the given odds. At Fanatics Markets, you purchase a contract for a set price. You can purchase as many contracts as you want, and you will earn money if the contract you purchase ends up producing a successful result.

Fanatics Markets key features

The best part about the Fanatics Markets app is how easy it is to access the various markets. At the top of the page, you'll popular categories, such as live, NFL, NBA, Economy, Elections, Oscars, and more. 

If you just want to look at sports, you can press "Sports" at the bottom of the page, and you'll be able to remove all other markets. There's also a way to sort all categories from A-Z. With this feature, you can also see what's coming soon, such as Climate, Crypto, Finance, and Tech & AI.

Fanatics Markets customer service

Fanatics Markets has a Help Center where you can review featured topics with frequently asked questions. If you can't find what you're looking for, then you can contact support. You'll need to provide your name, email, category of your problem, and a description of your issue. 

I couldn't find a live chat feature, but there is one available at Fanatics Sportsbook and Casino. Therefore, I would expect live chat to become available once the app has been around for a longer time.

Fanatics Markets payment methods

Deposit and withdrawals options are pretty limited, which is a bit disappointing. To deposit, you can only use online banking, debit card, or Apple Pay. For transactions of more than $1,000, wire transfer is available.

For withdrawals, you must use online banking. Crypto is not supported on the app, and all deposits aside from wire transfers come with a 2% fee.

Fanatics Markets industry news

Fanatics Markets launched on Dec. 3, 2025, at a time when prediction markets are eating up a lot of headlines. Kalshi, Polymarket, and Robinhood Sports had already been operating for a while, but Fanatics was the first major sportsbook to get involved in the industry.

FanDuel Predicts is expected to launch in December of 2025 as a standalone app, while DraftKings own version of a prediction market app is expected to release sometime in early 2026.

What markets can you trade on Fanatics Markets?

The following markets are available at Fanatics Markets:

• Basketball
• Boxing
• Culture
• Economy
• Elections
• Football
• Hockey
• Soccer

The following markets are coming soon:

• Cilmate
• Crypto
• Finance
• Tech & AI

Fanatics Markets live event trading

Fanatics Markets also hosts live event trading. This means that you can buy Yes or No contracts for sporting and entertainment events while they're happening. To do this, you'll follow the same criteria for making a regular trade. Click the Live tab, then pick your desired event. Choose what side you want and place an order.

Strategies for profitable trading on Fanatics Markets

Prediction markets are fairly new, so you may be a little overwhelmed when it comes to where to start and how to effectively trade. Here are some of our bets tips.

• Do research: Don't just go with a gut feeling. Actually look into what you're trading on and gather as much information as possible.
• There's no such thing as a sure thing: If something were a guarantee, it wouldn't be available to trade. Keep that in mind when you strategize your trades.
• Know your bankroll: Just like if you were wagering at a sportsbook or casino, you should have a set amount that you're willing to trade at Fanatics Markets, keeping in mind that losses are going to happen.
• Focus on your areas of expertise: Fanatics Markets has a lot of random markets. Don't just bet haphazardly. Focus on what you know, and try to determine how your knowledge can give you an edge.

Fanatics Markets promo code for existing customers

At the time of writing, there is no Fanatics Markets promo code. In fact, the only bonus offered right now is barely a bonus at all. Through Jan. 12, users can make deposits without having to pay a fee. However, after Jan. 12, a 2% fee will be applied to all deposits. 

We will provide more information if a promo code or welcome bonus becomes available.

Sports and entertainment

Unfortunately, there is no bonus available for trading on sports or entertainment at Fanatics Markets. That said, US residents could look at being able to trade on entertainment as a bonus in and of itself, considering these types of markets aren't available at legal sportsbooks. 

Economic indicators

Fanatics Markets lets users trade regarding specific economic factors such as inflation, interest rates, and unemployment rates. While there are no promos for these types of markets, like with entertainment, US residents could almost look at being able to trade on these subjects at all as a bonus, considering they're not available at regulated sportsbooks.

How does Fanatics Markets compare to traditional sports betting?

There are a lot of similarities between Fanatics Markets and traditional sports betting. For example, you can select a team to cover a spread or win a game. However, there aren't any available player props at the time of writing. The major differences are how trades are conducted.

At traditional sportsbooks, you wager against the house, while at Fanatics Markets, you're buying contracts on the opposite side of what someone else has already purchased. If your prediction is correct, you still win, but odds and such may change more frequently at Fanatics Markets because so much of the price is based on what purchases are being made.

Fanatics Markets operates similarly to a stock exchange. If you were to visit a platform that allows you to trade stocks, you would purchase shares of a stock, then sell when it hits a price that you are comfortable with. Rather than purchasing a share at Fanatics Markets, you purchase a contract. This still operates in the same fashion as a stock purchase, and if you elect to sell before an event is over, you may make a profit or lose money, just like if you were trading on the stock market.

Fanatics Markets trading limits and liquidity

Fanatics Markets doesn't currently have any trading limits. As for liquidity, this will determine how easily you can buy or sell a contract. If there is high liquidity, then purchases and sales of contracts will be easy. However, if there is low liquidity, then you may have to sell at a lower price than desired.

Remember, because you're not betting against the house, but rather, trading with other people, the amount you can buy and sell for is directly impacted by other users' purchases and sales.

📈 Fanatics Markets predictive markets

The best way to determine if you're getting a good deal at Fanatics Markets is to check out prices at Fanatics Sportsbook. For example, if you want to purchase a contract for 50 cents, but the price to place a bet at Fanatics Sportsbooks is +120, then you're actually not getting a great deal. In this scenario, if you purchased $100 worth of 50-cent contracts, you'd earn $100 if your desired outcome occurs. But if you made the same wager for +120, you'd win $120 on a $100 bet.

At the end of the day, research will be the most valuable thing when it comes to prediction markets. Make price comparisons to other prediction markets and sportsbook, but also research how likely something is to happen. Don't just bet on a longshot Best Actress winner, if that actress has absolutely no chance of winning the Oscar.