Placing a moneyline bet on Fanatics Sportsbook is a straightforward process that allows you to wager on the outright winner of a sporting event. Here’s a comprehensive guide to help you navigate through placing a moneyline bet:
1. Access Fanatics Sportsbook
- Website: Navigate to the official Fanatics Sportsbook website.
- Mobile App: Alternatively, download and install the Fanatics Sportsbook app, available for both iOS and Android devices.
2. Create an Account or Log In
- New Users: If you don’t have an account, click on the ‘Sign Up’ or ‘Register’ button.
- Personal Information: Provide necessary details such as name, email, date of birth, and address.
- Verification: Complete any required identity verification processes to comply with legal regulations.
- Existing Users: Enter your username and password to log in.
3. Deposit Funds
- Navigate to the Cashier Section: Once logged in, go to the ‘Deposit’ or ‘Cashier’ section.
- Select Payment Method: Choose from various options such as credit/debit cards, bank transfers, or e-wallets.
- Enter Deposit Amount: Specify the amount you wish to deposit, ensuring it meets the minimum deposit requirement.
- Confirm Transaction: Follow the prompts to complete the deposit. Funds should appear in your account shortly.
4. Understand Moneyline Betting
- Definition: A moneyline bet involves wagering on the team or player you believe will win the game or match outright, without considering point spreads.
- Odds Representation:
- Favorites: Indicated by a negative number (e.g., -150), showing how much you need to bet to win $100.
- Underdogs: Indicated by a positive number (e.g., +200), showing how much you win if you bet $100.
5. Navigate to the Sports and Events Section
- Sports Menu: Browse through the list of available sports such as football, basketball, baseball, etc.
- Select a Sport: Click on the sport you’re interested in.
- Choose an Event: Select the specific game or match you wish to bet on.
6. Place a Moneyline Bet
- Locate Moneyline Odds: Within the event page, find the moneyline odds for both competitors.
- Make a Selection: Click on the odds corresponding to the team or player you predict will win.
- Add to Bet Slip: Your selection will automatically appear in the bet slip, usually located on the right side of the screen or at the bottom on mobile devices.
- Enter Wager Amount: Input the amount you wish to bet. The bet slip will display potential payouts based on the odds and your stake.
- Review and Confirm: Double-check your selection and wager amount. Once satisfied, click ‘Place Bet’ to confirm.
7. Monitor Your Bet
- Access Active Bets: Navigate to the ‘My Bets’ or ‘Betting History’ section to view your placed bets.
- Live Tracking: Fanatics Sportsbook offers live tracking features, allowing you to monitor the progress of your bet in real-time.
8. Withdraw Winnings
- Check Bet Settlement: Once the event concludes, and if your bet is successful, your winnings will be credited to your account balance.
- Initiate Withdrawal: Go to the ‘Withdraw’ section, select your preferred withdrawal method, enter the amount, and confirm the transaction.
Additional Tips for Moneyline Bets at Fanatics:
- Research: Before placing a bet, research team/player statistics, recent performances, and other relevant factors to make informed decisions.
- Promotions: Look out for any promotions or bonuses that Fanatics Sportsbook may offer, such as enhanced odds or cashback on moneyline bets.
- Responsible Gambling: Set betting limits and practice responsible gambling to ensure a positive betting experience.
By following these steps, you can confidently place a moneyline bet on Fanatics Sportsbook and enjoy the excitement of sports betting.
Access our full library of BetFanatics help articles for more information. You can also jump straight to our list of the best sportsbook promotions for your state.