My Favorite Parts of Fanatics Markets
- Fast app
- Broad sports coverage
- Varied selection of props
- Valuable welcome bonus
- Offers an order book
OA Review Rating
85.5/100
Fees
35/40
User Experience
12/12.5
Market Variety
11/12.5
Limits & Liquidity
9/12.5
Tools & Features
3.5/5
Deposit & Withdrawal Methods
Payout Speed
Up to 3 Business Days
Fanatics launched its prediction market app, Fanatics Markets, in December 2025. The platform was launched via a partnership with Crypto.com.
Fanatics Markets is live in 24 U.S. states. It lets users trade contracts across 14+ sports markets, as well as non-sports markets such as politics, culture, and companies.
New users at Fanatics Markets can get a $150 bonus after signing up with my link.
The depth of the sports markets is the biggest selling point for me at Fanatics Markets. You can trade niche sports like Formula 1, along with popular sports. And if you’re a props person, there’s plenty to dig into there, too, including options like “To Score the First TD” in football.
My biggest issue with Fanatics is the trading fees. Fanatics Markets charges about $0.04 per trade, per contract. That fee model is more expensive than Kalshi's or Polymarket's.
In the Fanatics Markets review below, I’ll walk you through how the platform works and how it stacks up on pricing, trading options, banking, and overall experience.
Ratings by Category
Overall Rating
85.5/100
Fanatics Markets offers strong market depth and a smooth user experience, but its fees are more expensive than some competitors, and key trading features, such as limit orders, are missing.
Fees
35/40
On average, you’re paying around $0.04 per contract for a full round trip (buy + sell). Its fees are on the more expensive side compared to much of the competition.
User Experience
12/12.5
Fanatics Markets is a prediction-markets-first app, so it’s easier to use than platforms that combine trading with other products. It recently updated the layout too, separating sports and non-sports markets to make navigation more intuitive.
Market Variety
11/12.5
Fanatics covers 14+ sports and real-world markets, which is on par with the best prediction market platforms.
Limits & Liquidity
9/12.5
Liquidity is strong on major sports, but it can thin out once you move into niche categories. Fanatics also doesn’t publish formal contract limits, so in practice, your limit comes down to how much depth is sitting in the order book.
Customer Reviews
12/12.5
Fanatics Markets currently has a 4.6 rating on the App Store and a 3.6 rating on Google Play.
Tools & Features
3.5/5
Fanatics offers an activity chart and order book, and it recently added partial contract selling. The big thing still missing is limit orders.
Banking
3/5
Fanatics offers users plenty of ways to fund their accounts, though PayPal and Venmo are missing. The bigger drawback is the 2% deposit fee.
How to Get Started with Fanatics Markets
If you already have a Fanatics ONE account from using Fanatics for shopping or the sportsbook, you can use that same login to access Fanatics Markets. There’s no separate account to create; you sign in and keep moving.
If you’re new to Fanatics, here’s the quick step-by-step to get set up and start trading:
- Download Fanatics Markets and tap Log in or sign up.
- Enter your email to start the Fanatics ONE sign-in flow.
- Verify your mobile number and enter your date of birth (Fanatics may try to pre-fill details, but you can also enter everything manually).
- Complete identity verification, including your full legal name, the last 4 digits of your SSN, your phone number, and your home address.
- Review and accept the required disclosures and agreements, including the Fanatics Markets and Crypto.com terms associated with the regulated trading product.
- Once you’re approved, add funds to your account so you can start placing trades.
- Before your first order goes through, you’ll also answer a few trading-style verification questions like your job category, trading experience, income, and estimated net worth.
Fanatics Markets Welcome Bonus
Fanatics Markets gives new users daily FanCash trade matches worth up to $150 total over their first 7 days. After signing up and completing identity verification, your first cash-balance trade each calendar day can be matched dollar-for-dollar in FanCash.
The match cap increases during your personal 7-day promo window. It starts at up to $10 on Day 1, then rises to $12.50, $15, $20, $25, $32.50, and up to $35 on Day 7. Only your first trade of each calendar day qualifies, so extra trades on the same day won’t increase that day’s match.
FanCash is credited within 72 hours after each qualifying trade settles. To qualify for the daily trade match, new users need to complete KYC by July 5, 2026.
If you’re in an eligible state, you can still claim the Fanatics Sportsbook welcome bonus.
My Favorite Parts About Fanatics Markets
- Fast app: Fanatics Markets is one of the quickest prediction market apps I’ve used. That tracks because their sportsbook has always been fast, too. Fanatics Markets runs on the same core sportsbook tech, just repurposed for prediction market trading.
- Broad market coverage: You can trade across 14+ sports and real-world categories, including all major U.S. sports, crypto, politics, economy, and technology markets.
- Varied selection of props: Fanatics Markets offers a sportsbook-like props menu with way more variety than competitors like Crypto.com. You’ll find player stat markets such as total receiving yards, first TD scorer, and to score 2+ TDs.
My Least Favorite Parts About Fanatics Markets
- Unfavorable trading fees: Fanatics charges a flat fee per contract, so costs can rise fast on smaller trades. That makes quick trades harder to profit from than on platforms like Kalshi or Polymarket.
- High deposit fees: Starting January 12, 2026, Fanatics began charging a 2% fee on most deposit methods, including debit cards and Apple Pay.
- No limit orders: Since Fanatics doesn’t offer limit orders, you can’t post an order at your preferred price. You have to accept whatever price the market is showing at that moment.
How Sports Trading Works on Fanatics Markets
Trading on Fanatics Markets works more like a financial market than a traditional sportsbook.
You buy a contract tied to a specific outcome, and the price changes as the market's view changes.
If the contract gains value, you can sell for a profit, and if the market turns against you, you can get out early to cut your losses.
Placing a Trade: Buying Contracts
To start, you pick the market you want to trade. Up top, Fanatics runs a horizontal menu with all the categories, from NFL and NBA to soccer, as well as non-sports markets like the Oscars.
Let's say you tap into the NBA. You'll see a vertical list of that day's games.
Open something like Clippers vs. Pacers, and right away you get a chart at the top showing the trading activity for that matchup, basically how the price has moved based on what people are buying and selling.
Scroll down, and you'll see the markets laid out: spreads, totals, game winners, and props. When you buy into one of these, you're purchasing a contract attached to that specific outcome.
Contracts are priced between $0 and $1, and their prices tell you what the market thinks the odds are. The closer it is to $1, the more likely it is to hit that outcome. For example, if “Clippers to win” is priced at $0.78, the market is saying the Clippers have about a 78% chance of winning.
Once you select “Clippers to win,” an order slip pops up where you enter your stake. The slip shows how much you stand to win if the Clippers win the ballgame.
What the Order Book Tells You
Liquidity shows how easy it is to buy or sell a contract without taking a much worse price. When a market has plenty of buying and selling interest, it's easier to get in, get out, or cash out early without giving up too much value.
The easiest way to check liquidity on Fanatics Markets is by looking at the order book. While some prediction market apps don't show a public order book, Fanatics puts it right on the market screen. Once you open a market, you can pull it up from the dropdown at the bottom of the order slip.
The order book shows real-time buy and sell interest at different price levels. In simple terms, it tells you what buyers are willing to pay, what sellers are asking, and how much volume is on each side.
Here's how to read it.
- Bids are the buy prices. That's what other traders are offering if you want to sell your contract.
- Asks are the sell prices. That's what other traders want if you're trying to buy a contract.
In the example above, the highest bid is 52 cents, and the lowest ask is 53 cents. The 1-cent difference between those two prices is called the spread. In simple terms, the spread shows the gap between what buyers are willing to pay and what sellers want in return.
A smaller spread usually makes trading easier. If you want to buy, you're not paying much above the highest current offer. If you want to sell, you're not dropping much below the lowest current asking price. As the spread widens, getting in or out becomes more expensive.
This screenshot shows real buying and selling interest near the current price.
Buyers are offering 30,000 contracts at 52 cents, and sellers are offering 53,200 contracts at 53 cents. There's more interest nearby, too, with 40,500 contracts bid at 50 cents and 5,500 contracts offered at 54 cents.
That's what makes the order book useful for checking liquidity. You're not just seeing whether people are active in the market. You're checking whether there are enough contracts available near the current price to make trading easier.
In this example, most of the buy and sell interest is sitting around 52 to 53 cents, which usually makes the market easier to trade than one where buyers and sellers are much farther apart.
Closing a Position: Selling Your Contract
At any point before a market settles, you can exit your position to lock in a profit or cut your losses.
Say you bought 10 Clippers contracts at $0.55. If Kawhi Leonard is ruled out after you enter the trade, the market could swing against you and push the price down to $0.30. If you sell there, you'd get back $3 and limit the damage instead of holding the position all the way to settlement and risking a bigger loss.
Now flip it around. Say you bought those same 10 Clippers contracts at $0.55, and Kawhi is confirmed in with no minutes restriction. If the market reacts and the contract price climbs to $0.75, you can sell before the game ends and lock in a win instead of waiting for the final result.
Fanatics Markets recently added partial selling, which gives traders more flexibility when closing a position. You can now sell part of your contracts to take some profit off the table or reduce risk, while keeping the rest of the position open in case the market keeps moving your way.
Where is Fanatics Markets Available?
Fanatics Markets is available in the following states:
- 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
- Wisconsin
Fanatics Markets Pricing & Fees
ODDS ASSIST RATING: 35/40
Fanatics doesn't price its Markets product the same way it prices its sportsbook lines. Here, contract prices are shaped by liquidity and whatever other users are trading. When traders pile into one side, the price for that outcome climbs. When money shifts the other way, it drops.
Since it's peer-to-peer trading, you'll often see pricing that works out better than a standard sportsbook, where the house sets the number and builds in vig on every wager.
Still, trading on Fanatics Markets isn't free. You pay fees when you enter and exit a position, and I'll get into exactly how those fees work later.
Fees
Fanatics charges per-contract fees once your order is matched and settled. The total cost is split into two parts: a Trading Fee and a Technology Fee. The Technology Fee kicks in when a contract is priced below $0.20 or above $0.80. The fees below are shown per contract.
Note: Total fees are rounded up to the nearest cent.
Fees are predictable since they're mostly per-contract and quasi flat, but that also means they hit smaller trades harder. A fixed 2¢ per contract doesn't sound like much, but if you're only buying a few contracts or chasing tiny price moves, that fee can take a big bite out of what you're trying to make.
This pricing structure favors bigger positions or holding for larger swings. If you're scalping (making lots of quick trades for small gains), fees add up fast because you're paying them over and over on both the buy and the sell, and those small edges can disappear quickly.
Contract Price | Total Fee | Trading Fee | Technology Fee |
|---|---|---|---|
$0.01 | $0.005 | $0.001 | $0.004 |
$0.02 | $0.010 | $0.002 | $0.008 |
$0.03 | $0.015 | $0.003 | $0.012 |
$0.04 – $0.19 | $0.020 | equals price (e.g., $0.16 → $0.016) | makes up the rest to $0.020 (e.g., $0.16 → $0.004) |
$0.20 – $0.80 | $0.020 | $0.020 | $0.000 |
$0.81 – $0.96 | $0.020 | goes down as price rises (e.g., $0.90 → $0.010) | goes up as price rises (e.g., $0.90 → $0.010) |
$0.97 – $0.99 | $0.010 | price – $0.97 (e.g., $0.99 → $0.001) | makes up the rest (e.g., $0.99 → $0.009) |
Limits
Fanatics Markets doesn’t list formal position limits, so there’s no posted cap on how many contracts you can hold in a given market. In practice, your real limit is liquidity, because the order book depth determines how much you can buy or sell without pushing the price or getting stuck at worse levels.
Fanatics Markets Market Variety
ODDS ASSIST RATING: 11/12.5
Fanatics Markets has a ton of sports to trade on. Here are some of the options available:
- NFL
- NBA
- MLB
- NHL
- Soccer
- Formula 1
- Tennis
- Golf
- UFC
- NCAAF
- NCAAB
Fanatics Markets has about as much sports coverage as you’ll find on any prediction market app, even though there are still a couple of missing options that other platforms offer. Kalshi, for example, offers chess and cricket, while Novig has esports.
The variety is strong game by game, too. You’re not just getting the basic game winners, spreads, and totals. Fanatics also offers props and futures, so you can buy contracts on longer-term plays like an NBA championship winner.
And if you want to trade while the game is live, the Live tab shows matchups that are already underway, so you can still jump in and make moves while the action is happening.
Fanatics Markets isn’t just sports. You can also take positions on non-sports markets across politics, culture, and companies, including speculations on things like which AI companies will be out front next year.
In fact, Fanatics Markets is on par with the best prediction market apps in the U.S. in terms of market variety outside sports.
My Experience Using the Fanatics Markets App
ODDS ASSIST RATING: 12/12.5
Fanatics Markets now offers a standalone app on both iOS and Android, and the recent layout update appears to be a good change.
The app is easier to browse than before, and store reviews were mostly positive from what I found. A few users mentioned location-check issues, but nothing else stood out as a major recurring problem.
I didn’t see many negative reviews, but I still wanted to judge it for myself.
I’m in Delaware, so I was able to download the app and take it for a spin firsthand.
Layout
The layout keeps everything within one or two taps.
I’d say one of the best parts of the latest update is that Fanatics now places all sports markets in a dedicated Sports section across the top strip. For me, that makes the app feel much more organized, since sports aren’t mixed in with other real-world markets anymore.
From there, navigation is easy to figure out. The bottom sticky bar has 4 tabs: Home, Live, Portfolio, and A–Z. Home is your landing page, Live shows games already in progress, Portfolio is where your positions and cash are displayed, and A–Z is the whole market directory.
The Portfolio tab first shows your total balance, then breaks it down into Open Positions and Cash Balance. Below that are the Open and Closed tabs. If you don’t have anything active, you’ll see a simple “Nothing right now” message with a quick note that you have no open positions.
If you have an order in progress, it may appear as a persistent bar at the bottom of the Portfolio screen, displaying the selected market and a quick payout summary. It’s an easy way to jump back into the betslip without digging around.
Browsing Markets and Opening a Game
One thing I like about the new layout is that the navigation has more depth now.
If I tap into Sports, I can sort by sport in the strip below, then go a step deeper into tabs like game lines, futures, or NBA awards. If I open Politics instead, I get a similar path with sections for U.S. politics and international markets.
Inside each sport, the main screen is a feed of matchup tiles. Each tile shows a countdown to kickoff and pricing for three core market types, namely Spread, Winner, and Total.
Tap into a game, and you land on a market page showing a price chart with filters such as 1D, 1W, 1M, and All. Under that, you’ll see the contract grid again for Spread, Winner, and Total, with prices shown in cents.
Under that section, Fanatics shows the available trading options for the market you opened. In bigger sports like the NBA, the app usually separates the main markets from player props, making the page easier to navigate.
At the bottom, there’s also an order book where you can view real-time buy and sell activity by price.
I like the way Fanatics lays out props inside a game. Everything is grouped by prop type, and each group sits in its own dropdown, so it’s quick to flip through and find what you’re looking for.
Placing an Order (Betslip)
When you tap an outcome, the Order screen opens. The flow stays consistent across markets, so once you’ve done it once, you’re good.
At the top of the ticket, you’ll see your cash balance, the market you selected, and the contract price in cents. You enter your amount in dollars, with quick-add buttons like +$5, +$10, and +$20.
Verification
Before I could place an order, I had to go through verification. When I tried to trade without finishing it, Fanatics blocked the order and kicked me back to complete the process.
They asked for trading-related details, including my job category, whether I’ve traded before, my income, and my estimated net worth. It’s a brokerage-style compliance flow that aligns with the product being built around regulated event contracts.
Fanatics Markets: Deposits, Withdrawals, & Banking Limits
ODDS ASSIST RATING: 3/5
Fanatics Markets offers the same banking methods available on the Fanatics Casino and sportsbook, so you’re not dealing with a separate set of options just because you’re on Markets.
Credit cards aren’t available, which lines up with Fanatics’ push toward responsible gaming, but you still get plenty of other ways to fund your account.
Starting in mid-January, Fanatics also began charging fees on most deposit methods, so it’s worth double-checking what you’ll be paying before you fund your account.
Like most regulated platforms, Fanatics follows the standard rule of matching withdrawals to the deposit method used. If you want to withdraw to a specific method, you’ll typically need to have deposited with it first. For example, a debit card deposit often unlocks debit card withdrawals.
Deposits
Fanatics Markets supports deposits via debit cards (Visa and Mastercard), Apple Pay, online banking via Trustly, and wire transfers.
The minimum deposit is $10 across the board, except for wire transfers, which require a minimum of $1,000.
Wire deposits can take up to two hours to clear, while debit card, Apple Pay, and Trustly deposits are typically instant.
If you fund your account with a wire transfer or bank transfer, you won’t pay any deposit fees. But deposits made with a debit card or Apple Pay incur a 2% fee.
Withdrawals
Right now, the only accepted withdrawal methods are online banking via Trustly and wire. Payouts through Trustly usually take 3 to 5 days to process.
The minimum amount for a wire withdrawal is $10,000.
For security, you must confirm the withdrawal by clicking the link in the email you receive within 10 minutes. If you don’t confirm within that window, the request is automatically canceled.
Fanatics Markets Background
Fanatics grew into a sports powerhouse through licensed merch, then branched into collectibles and trading cards. Then Fanatics jumped into sports betting and rolled out the Fanatics Betting & Gaming app in 2023.
Fanatics entered the regulated U.S. betting market by buying PointsBet’s U.S. operations. When the deal closed in April 2024, they gained immediate access to state-level systems, sportsbook infrastructure, and a working product they could rebrand as the Fanatics brand.
From there, Fanatics continued to push the sportsbook into more states and expanded into casino markets where iGaming is legal, building out the betting side beyond a single product.
In July 2025, Fanatics made another move, this time into prediction-style event contracts. The company acquired Paragon Global Markets, LLC, a CFTC-registered Introducing Broker (IB) and NFA member, which provided Fanatics with a regulated foundation to conduct event-contract trading under CFTC and NFA oversight.
Fanatics Markets is currently live in 24 U.S. states, with markets spanning sports, politics, culture, and companies.
Fanatics Markets vs. Crypto.com Sports: Side-by-Side Comparison
Here’s how Fanatics Markets stacks up against one of the most established sports prediction market apps right now, Crypto.com.
- Interface. Fanatics is a true sports-first app. You tap into a league, see matchup tiles, and jump straight into a clean market screen with charts, spreads, totals, and props grouped inside the same game view. Crypto.com works fine, but there’s more going on, and the sports flow takes a little longer to get used to.
- Price display. Both apps rely on simple probability-style pricing, which is easy enough once you’re used to trading contracts.
- Order types and control. Crypto.com gives you more tools. You can place limit orders, set your price, and use automation features like stop-loss and take-profit triggers. Fanatics is more basic. You can’t post your own price and leave a resting order.
- Liquidity. Crypto.com has the edge here. Its major markets usually have more volume, so it’s easier to trade larger amounts without losing as much on price.
- Fees and cost structure. Fanatics charges flat per-contract fees, which can sting if you’re trading small positions or trying to scalp tiny moves. Crypto.com also charges trading fees, but the structure is less punishing on small orders.
- Props and futures markets. Fanatics wins this category. The prop menu looks more like what bettors are used to, with player stat markets such as receiving yards, first TD scorer, and multi-touchdown props. Crypto.com only offers winners, spreads, totals, and futures.
- Sports coverage. Both apps cover the big leagues and don't offer much in the way of niche sports. Fanatics has the edge if you like trading props since Crypto doesn't offer these types of markets right now.
- Non-sports markets. Crypto.com has a broader non-sports ecosystem because it’s already built around financial markets, crypto milestones, and macro outcomes. Fanatics has non-sports markets too (politics, culture, companies), but not as many as Crypto.
- Banking. Crypto.com offers more ways to fund your account, supporting crypto as well as standard payment methods. It’s cheaper on deposits, too, because it doesn’t charge the kind of deposit fees Fanatics does.
Fanatics Markets Customer Support
Fanatics Markets offers customer service via an on-site ticket form and X.
Fanatics Markets FAQs
What is Fanatics Markets?
Fanatics Markets is Fanatics’ event-contract trading app. You buy and sell contracts tied to sports outcomes and select non-sports events, with prices ranging from $0 to $1 based on market activity.
Can you control orders like on a true exchange?
Not really. Fanatics doesn’t support maker orders or limit orders. You can view liquidity through the Order Book, but you can’t post your own price.
What markets are available?
Fanatics offers Winner, Spread, and Total markets for most games, plus a strong prop menu and futures. Sports coverage includes major U.S. leagues and a smaller range of non-sports markets.
How do fees work?
Fanatics charges per-contract fees when trades are matched and cleared, using a Trading Fee plus a Technology Fee that mainly applies when contracts are priced below $0.20 or above $0.80.
Can I sell only part of my position?
Yes, Fanatics Markets recently added the option to sell partially.
Does Fanatics Markets support maker orders or limit orders?
No. You can’t post your own price or leave a resting order. Trades execute at the live market price shown in the app when your order is matched and cleared.
85.5/100
