Fanatics Sportsbook NY Promo: Bet $5 on Knicks-Heat, Get $50 in Bonus Bets

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Fanatics Sportsbook NY Promo: Bet $5 on Knicks-Heat, Get $50 in Bonus Bets
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Tonight in Miami, the Knicks will try to bounce back from a tough 110-104 loss to the undefeated Cleveland Cavaliers in Madison Square Garden on Monday. New York blew a 13-point second-half lead to suffer their first home loss of the young season.

The Heat, meanwhile, have won two straight. Despite being on the road and potentially without starting guard Josh Hart, the Knicks are currently listed as slight favorites (-120) on Fanatics Sportsbook. Tip-off is at 7:30 ET. 

If you want to wager on the game, we have good news.  With our exclusive Fanatics Sportsbook NY promo, when you sign up and bet at least $5 with your first wager, you’ll get $50 in bonus bets, win or lose! We’ll explain how to claim this Fanatics Sportsbook New York offer.

Overview of Fanatics Sportsbook NY Promo Code for New Users

You can instantly get $50 in bonus bets just for signing up and betting with Fanatics Sportsbook NY. You must bet at least $5 on your first wager to get $50 in bonus bets.

Remember to claim this offer within 7 days of joining Fanatics Sportsbook in NY.

  • Who Can Claim it: New Fanatics Sportsbook users over 21 within NY state lines
  • Promo Code Required: No
  • Opt-in Required: Yes
  • Minimum Deposit: $10
  • Minimum Bet: $5
  • Minimum Odds: -500
  • Time to Claim: Within 7 days of signing up

Read our full Fanatics Sportsbook review for more information.

Pros & Cons of Fanatics Sportsbook NY Promo

Advantages
  • Your bonus is paid out whether your first bet wins or loses
  • Bonus bets can be redeemed in any amount you choose
Disadvantages
  • The maximum bonus amount is lower than other competitors’ offers
  • Have to consider minimum odds requirement

How to Claim Fanatics Sportsbook’s $50 Offer in NY

Claiming the Fanatics Sportsbook New York promo is easy. Just follow these steps:

  1. Click here or on one of the banners on this page to start the sign-up process for Fanatics Sportsbook NY.
  2. Deposit at least $10 into your account.
  3. Find a market you want to bet on that’s -500 odds or longer.
  4. In your bet slip, toggle on this promotion to opt into the offer.
  5. Within 72 hours of your bet settling, you’ll receive $50 in bonus bets.

Fanatics Sportsbook NY Sign-Up Bonus Terms & Conditions

You must register for a new account to claim this welcome offer. That includes signing up with your name, address, and Social Security number to verify your identity.

Your first bet must be within 7 days of signing up and for at least $5. Once the bet settles, you’ll receive $50 bonus bets within 72 hours.

You can decide in what denominations you want your bonus bets credited, keeping in mind that Fanatics Sportsbook NY does not allow you to redeem more than one bonus bet credit per wager.

Bonus bets expire after 7 days.

If you previously had a PointsBet NY account, you are not eligible to sign up for this welcome offer as that account migrated over to Fanatics.

More Fanatics Sportsbook NY Promos

You can get access to more ongoing Fanatics Sportsbook promos after you sign up.

In particular, existing customers can use the sportsbook's Daily Rewards and apply a profit boost (usually 15%) to one bet per day on any sporting event, including the Knicks-Heat game.

Check the Fanatics Sportsbook app for more sports betting promos this week.

What to Know about Fanatics Sportsbook NY

  • Launch Date: Feb. 29, 2024
  • Regulated by: New York State Gaming Commission
  • Rewards Program: FanCash Rewards

Fanatics Sportsbook launched in New York in February 2024 after acquiring PointsBet’s U.S. operations in August. Since then, it’s steadily grown into one of the top NY sportsbooks available in the state.

For the last two weeks, Fanatics Sportsbook has ranked behind only DraftKings and FanDuel in NY betting handles, proving its popularity with Empire State bettors. 

One of the reasons bettors love Fanatics Sportsbook? FanCash Rewards. You can earn up to 10% cash back on every wager you place (depending on the odds). Those FanCash credits can be converted into bonus bets or redeemed at your favorite Fanatics’ online retail shops.

Latest Fanatics Sportsbook NY NBA Betting Odds

On Fanatics Sportsbook, the Knicks are currently listed as 1.5-point favorites. Here are the best game odds across NBA betting sites

Projected Starting Lineups, Injury Reports & More for Knicks-Heat

Remember, with the Fanatics Sportsbook welcome offer, you'll get your bonus bets regardless of the outcome of your wager. But you'll lose your initial stake if you don't win your bet, so you should still make an informed wager. To help you with your research, here's some key information about tonight's game to consider. 

Knicks-Heat Quick Stats

Injury Reports

The Knicks are dealing with injuries to a few key players. Bigs Mitchell Robinson and Precious Achiuwa remain out, while shooting guard Josh Hart has been added to the injury report. Hart sustained a right leg contusion against the Cavs and is a game-time decision tonight. 

Meanwhile, the Heat come into the game with a full bill of health. However, power forward Kevin Love will miss his fourth straight game citing personal reasons.

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