Refer a friend, earn $50 in FanCash
An existing user and an eligible referred friend each receive $50 in FanCash after the friend completes $10 in settled cash wagers.
- User
- Existing
- Type
- Bet & get
- States
- 23 eligible
- Availability
- Ongoing / not published
This offer is hidden from the active ledger until its terms and assumptions are reviewed again.
- Expected profit
- $37.5
- Working capital
- $0
- Reward fair value
- $37.5
- Capital efficiency
- —
After modeled cost and conditions
Cash needed to complete
$50 maximum face value
No additional cash
Execution plan
What you need to do
Share the account's unique referral link with a new eligible customer. The friend must open the account through that link and complete at least $10 in settled cash wagers.
- 01
Open the referral section in the existing Fanatics account.
- 02
Send the unique referral link to an eligible friend.
- 03
Have the friend register through that link.
- 04
The friend completes at least $10 in settled cash wagers.
- 05
Confirm both $50 FanCash awards within 72 hours.
Auditable estimate
How I calculated the estimate
I do not treat promotional credit as if it were cash because it still has to be wagered, can expire, and usually does not return the original bonus stake. The expected-profit estimate applies the stated conversion rate as an average value. I only show a best case, worst case, and standard deviation when the cash outcomes can be calculated from the offer itself; bonus-bet and site-credit outcomes need a specific wager or hedge strategy before that range is honest.
- 01
$50 bonus × 75% conversion = $37.5 reward value - 02
$37.5 × 100% qualification − $0 expected loss on $0 of cash wagers = $37.5 expected profit
- Bonus conversion
- 75%
- Qualifying cost
- $0
- Access probability
- 100%
- Fair win probability
- 50%
- Total turnover
- $0
- Outcome range
- Not modeled without a wager or hedge strategy
- Capital scope
- Required cash stakes only; optional hedge bankroll excluded
- External dependency
- A referred user must complete the offer
Fine print
Terms and restrictions
The estimate values only the existing user's $50 FanCash award at the same 75% conversion assumption used for other FanCash offers. It does not assign a probability to whether the referred friend completes the requirements.
- Existing Fanatics users only
- Requires an eligible new customer
- Not valid in Massachusetts
- Up to five eligible referrals
- FanCash is not withdrawable cash
I use expected value to make different promotions comparable, but the result is still an estimate rather than a promise about what any one person will make. Your outcome will depend on the wagers you choose, the odds available when you place them, how effectively you convert promotional credit, whether you are eligible, and the terms shown in your account, so confirm the displayed offer before depositing or wagering. If gambling stops being fun, call or text 1-800-GAMBLER.