Fanatics Sportsbook Kentucky & upcoming KY Sports Betting Bonus Code launch 2023
Legal sports betting is coming to Kentucky, and online KY bettors will be able to place sports bets on September 28. Up to 27 online sports betting licenses are available with 9 confirmed, and of the Kentucky Sportsbooks licenses was issued to Fanatics Sportsbook. Fanatics is currently available in Maryland, Massachusetts, Ohio and Tennessee and we expect Fanatics Sportsbook to enter the Kentucky market with a splash.
Fanatics Sportsbook KY Promo Code & Upcoming Bonus Overview
Fanatics Inc. is valued at over $30 billion, and when Fanatics Sportsbook Kentucky launches, we expect some incredible Fanatics Sportsbook promotions to be available. We don't know the details of the Fanatics Sportsbook promo code yet, but bookmark this page, and when the Fanatics app is available, we'll have the best Fanatics Sportsbook promo code available along with all the other best Kentucky Sportsbook promos.
⭐ Kentucky Launch Date: | Expected September 28 |
🎁 Fanatics Promo code: | TBC |
💰 Fanatics Kentucky Bonus: | TBC |
✅ Launch Date: | Expected September 28 |
💳 Fanatics Min Deposit/bet: | N/A |
📅 Fanatics Launch Date: | Expected September 28 |
📱 Fanatics Kentucky Betting App: | N/A |
⚖️ Gambling Requirements/ | Meet legal betting age of 18, must be located in KY state lines |
When is Fanatics Online Sportsbook Launching in Kentucky?
Kentucky sports betting will be able to launch September 28. Governor Andy Beshear signed HB 551 on March 28, 2023, allowing for up to 27 online sportsbooks, with three online licenses attributed to each of the nine race courses in the state. Fanatics was given such a license.
While we have a fixed date for sports betting to arrive in Kentucky and we expect Fanatics Sportsbook Kentucky to launch close to the KY online betting launch date. Fanatics Sportsbook is now available in some other states and we are awaiting for it to start operating also in Kentucky after it secured a license by the KHRC.
Fanatics Sportsbook KY - Sports Betting Law and Bills Timeline
- May 14, 2018: The US Supreme Court overturns the Professional and Amateur Sports Protection Act of 1992 (PASPA). This decision allows individual US states to determine the legality of sports betting within the state.
- April 4, 2019: HB 175 is the first sports betting bill put forward to the Kentucky House. The bill proposes legal sports betting, online poker, and Daily Fantasy Sports. HB 175 gains little support and dies in the House.
- January 5, 2020: Representative Adam Koenig tables HB 137. After overcoming an unpopular first reading due to a ban on in-state college sports betting, HB 137 gains momentum during a second tabling. Indications are that the bill will pass if it comes to a House vote.
- April 2020: The Covid-19 pandemic derails the momentum built by HB 137. Legislative efforts are focused elsewhere, and the sports betting bill dies on the House floor.
- April 2021: Despite positive movements in 2020, there is no progress with a sports betting bill in Kentucky, despite three separate bills being put forward.
- March 2022: After four years of trying, a sports betting bill finally passes a House vote. Unfortunately, HB 606 proves to be a false dawn as no vote occurs, and the bill's progress ends in the Senate.
- March 28, 2023: HB 551 passes both the House and Senate in under a month, to the surprise and delight of many observers. HB 551 states that the sports betting market must be available before December 28, 2023.
What is a Bonus Code?
A promo code, or bonus code, is a common way for online sportsbooks to offer customers exclusive promotions and special deals. You enter your promo code while signing up or depositing to access a deposit bonus, bonus credits, or odds boosts. Some online sportsbooks require you to enter a promo code to unlock your welcome bonus.
Promo code offers are used extensively when sports betting launches in a new state. We expect that when Fanatics Sportsbook Kentucky launches, multiple promo code offers will be available.
How to Claim Fanatics Kentucky Bonus Code
Claiming a promo code with Fanatics Sportsbook Kentucky will be similar to what you do at other online sportsbooks. You will need to enter your promo code while signing up or during the deposit process. You may also need to make a minimum deposit or follow other conditions at the Fanatics Sportsbook website before you get your promo code rewards.
Fanatics Sportsbook Kentucky Bonus Terms
All promotions have terms and conditions to ensure you use them fairly, and any promo code offer at Fanatics Sportsbook Kentucky will be no different. We know that
- ✅ You'll need to remain within KY state lines and follow the local legal gambling age of 18+.
- ✅ More specific promo code terms and conditions will be available when Fanatics Sportsbook launches to the public somewhere in the US.
Fanatics KY Sportsbook Bonus types
As Fanatics Sportsbook hasn't launched in the US yet, we have to speculate about the bonus types that will be offered. Having said that, we believe that Fanatics Sportsbook Kentucky will be one of the best sports betting sites available at launch, and all of the top US sportsbooks offer the following bonus types.
Welcome Bonus
The Fanatics Sportsbook welcome offer is being finalized, but we expect it to be big, given what we know about Fanatics. All of the best online sportsbooks in Kentucky will offer a generous welcome bonus giving you extra chances to profit from sports betting.
Bonus Bets
Bonus bets allow you to enjoy sports betting without using your own money. The best bonus bets will let you win and withdraw cash with your credits. We expect you to be able to claim bonus credit promos from the Fanatics Sportsbook website.
Odds Boost
Odds boosts allow sports bettors to gain extra value and enhanced odds-on specific betting markets. Fanatics Sportsbooks will offer boosted odds on a wide range of sports, especially for its official betting partners, such as the NFL, NHL, NBA, and MLB.
Parlay Boost
Fanatics are expected to offer odds boosts specifically for parlays and same game parlays. The more legs you add to your parlay bet, the more significant your boost will be. You won't need a promo code to claim these offers. Just check out the Fanatics Sportsbook website when it's live.
FanCash Rewards
FanCash is the rewards program expected to be offered by Fanatics Sportsbook. You can earn FanCash through sports betting and use it to get merchandise from the Fanatics store at a discounted rate. This is expected to be one of the main draws of Fanatics Sportsbook Kentucky.
Fanatics Sportsbook KY Review Summary
Fanatics KY Sportsbook Top Features:
- ✅ FanCash rewards system is perfect for real-world rewards
- ✅ Generous sign up bonus offer expected
- ✅ Initial beta testing gives a positive sportsbook review
- ✅ Partnered with all major leagues, including the NFL
Pros & Cons
Pros
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Connection with Fanatics merchandise
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Highly reputable brand
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Fanatics app testing shows it's being well received
Cons
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Fanatics Sportsbook isn't available yet
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No firm details of bonuses or promotions
Fanatics Kentucky Sportsbook In-depth
Betting and User Experience
Fanatics mobile app is only available in beta testing, so our team hasn't been able to try out the online sportsbook yet. However, given the significant funding behind Fanatics Sportsbook and the expert leadership team, including former FanDuel CEO Matt King, we expect the Fanatics Sportsbook app to be sleek, provide competitive odds, and offer a wide range of sports betting markets.
Live Betting
Live betting will be available on the Fanatics Sportsbook app. It is rumored that live streaming will also be available, but this will be confirmed closer to the Fanatics app launch date.
Welcome Offer
The welcome bonus offered by Fanatics is expected to be one of the most generous in Kentucky. We don't yet know if a Fanatics Sportsbook promo code will be required, but bookmark this page because we will list any promo code that Fanatics Sportsbook Kentucky issues.
Ongoing Bonuses
Ongoing bonuses will likely be available at Fanatics Sportsbook Kentucky so the platform can compete with other top online sportsbooks. Expect to see odds boosts, bonus credits, and chances to win merchandise from your favorite sports teams.
Fanatics Sports Betting App
Fanatics Sportsbook Kentucky will offer mobile betting to customers with a sports betting app for both iOS and Android devices. The Fanatics Sportsbook app is currently undergoing beta testing in Ohio and Tennessee with hopes that the Fanatics app will be also one of the Kentucky betting apps later in 2023.
Fanatics Rewards Program
Fanatics Sportsbook will offer a loyalty program called FanCash, which will differentiate Fanatics Sportsbook from other online sportsbooks. FanCash bridges the gap between sports betting and the traditional Fanatics business. When you place bets, you earn FanCash, which gives you a discount on buying sports merchandise from Fanatics.com. The everyday use of this loyalty program is expected to prove popular with US sports bettors.
Payment Options for Fanatics KY Betting
We cannot confirm the complete list of banking options available for use with Fanatics Sportsbook until the sports betting app launches. Still, it is expected that all standard industry banking options will be available. Banking options will include debit and credit cards, online transfers, PayPal, Venmo, Play+, PayNearMe, and wire transfers.
What Sports and Kentucky sports teams will I be able to bet on at Fanatics Sportsbook Kentucky?
We know that Fanatics Sportsbook Kentucky launching will make waves, thanks to the large marketing budget promised by CEO Michael Rubin. When Fanatics launches, betting lines will be offered that cover all areas of the sports world. These will be the most popular sporting events to bet on.
Horse Racing and Kentucky Derby Betting
The Kentucky Derby is the most famous horse race in the US, and Churchill Downs hosts this incredible spectacle. While Fanatics Sportsbook is expected to launch, there has yet to be any indication that Fanatics will launch a horse racing product alongside its sports betting site. So don't expect to see any horse racing odds.
NFL
The NFL is the most popular league for sports betting in the US, and Kentucky will be no exception. NFL loyalties in Kentucky are split between the Tennessee Titans, the Indianapolis Colts, and the Cincinnati Bengals, so expect to see promotions and odds boosts for all three NFL teams. Expect to see boosted odds on the Washington Commanders as well, where Fanatics Sportsbook opened the first retail sportsbook in an NFL stadium.
NBA
The Cleveland Cavaliers are the most popular NBA team in Kentucky, and Fanatics Sportsbook will offer moneylines, spreads, totals, and same game parlays. Watch out for odds boosts on Cavs gameday.
MLB
Fanatics Sportsbook is an official partner of one of Kentucky's most popular MLB teams, the Cleveland Guardians. Expect to see odds boosts for same game parlays on Guardians games when Fanatics Sportsbook goes live.
NHL
Fanatics Sportsbook CEO Michael Rubin has a long history with the NHL as a former part-owner of the New Jersey Devils. This stake was sold to enable Fanatics to move into the sports betting industry, and NHL fans in Kentucky can expect promotions for the preferred local team, the Nashville Predators.
Other Sports and E-Sports
It is difficult to overstate the popularity of college sports in Kentucky, and the University of Kentucky Wildcats basketball team is the most followed. Fanatics Sportsbook Kentucky will offer odds on the Wildcats and all other college teams. eSports betting is also legal in Kentucky, so keep an eye on whether Fanatics Sportsbook will offer sports betting on this new and exciting market.
Fanatics Kentucky most popular bet types
While we haven't seen the Fanatics Sportsbook app yet, we do know the types of bets that will be available. The following list covers the most popular bet types that Fanatics Sportsbook Kentucky will provide.
- Moneylines – A bet on which team will win a game or event.
- Spreads – Fanatics Sportsbook Kentucky will apply a point deficit to the favorite and an advantage to the underdog. You need to place your spread considering after these are applied.
- Totals – Fanatics Sportsbook will predict the total score of a game. You can then bet on whether the total final score will be over or under the amount predicted.
- Parlays – Parlay bets are made up of multiple bets or legs. You only win a parlay bet if all of your bets are successful. Same game parlays are expected to be offered by Fanatics Sportsbook.
- Live Bets – Live betting lets you wager on an event as it is taking place.
- Futures – A bet on a significant event that will conclude in the future, such as the NFL regular season MVP or the NBA Championship.
- Prop Bets – A bet on a statistical performance not related to an event's final outcome. Examples include the number of strikeouts for the Cincinnati Reds' starting pitcher.
Fanatics KY Sportsbook vs. Other Sportsbooks in Kentucky
We expect Fanatics Sportsbook to immediately become one of KY's top sports betting sites when it launches. Our experts believe that bet365 and WynnBET will be two of the main competitors of Fanatics Sportsbook.
bet365 offers customers a very generous sign up bonus, where you can Bet $5 and Get $200 in bonus bet credits. WynnBET provides a similar bonus where you can bet $100 and get $100. Fanatics Sportsbook will have an offer comparable with bet365, giving great value to new customers.
The desktop platform is one area we expect Fanatics Sportsbook to excel against WynnBET and bet365. The Fanatics Sportsbook website will be newly designed, while the website offerings from WynnBET and bet365 now look dated. All three sportsbooks will offer an excellent sports betting app.
In addition, Fanatics Sportsbook Kentucky will have a dedicated loyalty program, which you won't find at WynnBET or bet365.
When sports betting does launch in Kentucky, all three will be great options if you are looking for new online sportsbooks.
Do you have to pay taxes on any winnings at Fanatics Kentucky Sportsbook
All sports betting winnings are subject to Kentucky Taxes. All gambling winnings must be declared to the IRS, and you must complete a W-2G form if you win over $600. State taxes on gambling winnings are also payable at a flat rate of 5%.
Responsible Betting at Fanatics Kentucky
We haven't seen the Fanatics Sportsbook app yet, but we know that Fanatics will offer responsible gambling tools to comply with legal sports betting requirements. Tools on offer will include deposit limits, bet limits, time limits, and time outs. Fanatics Sportsbook will also be included in the state-wide self-exclusion program the Kentucky Horse Racing Commission runs.
Fanatics Sportsbook Kentucky: Final Verdict
We are highly anticipating the launch of Fanatics Sportsbook Kentucky. The combination of the huge marketing budget behind the brand, the expertise of the management team, and the exciting FanCash rewards program mean that Fanatics Sportsbook will bring something different and exciting to Kentucky.
Whether Fanatics Sportsbook Kentucky can compete with the best US sportsbooks remains to be seen, but from what we've seen, the sportsbook looks very exciting. When further details of the sign up bonus, promo code, and promotions are available, we'll be the first to let you know. Bookmark this page so that you'll be ahead of the game when Fanatics Sportsbook comes to Kentucky.
FAQ's
Fanatics Sportsbook has launched its beta testing site in Maryland, Massachusetts, Ohio, and Tennessee. The only Fanatics sportsbook open is a retail sportsbook at FedExField, the Washington Commanders NFL stadium. It is also one of the sportsbooks that has a licence to operate in Kentucky.
Sports betting is officially greenlit in Kentucky, with mobile platforms launching on September 28, 2023. Get ahead of the game with pre-launch promotions and prepare to place your bets through trusted operators like BetMGM, Caesars, DraftKings and eventually FanDuel.
DraftKings and Caesar are two of the brands that were approved but the KHRC to operate in Kentucky and we expect them to be online on September 28 with the other licensed sportsbooks like BetMGM, FanDuel and Fanatics.
Online sports betting is hitting the Bluegrass State on September 28. Pre-registration is already open so don't miss out on some great pre-launch deals. We are still awaiting how Fanatics will be entering the Kentucky field.
No, you will only be able to have one Fanatics Sportsbook Kentucky account. You will be able to open accounts with other sportsbooks, but only one account at each sportsbook.