**Lead**
Fanatics Sportsbook has introduced a limited-time promotional offer for the upcoming MLB postseason, allowing new users in eligible states to turn a $20 bet into a guaranteed $350 bonus. The promo code FOXNEWS350 applies specifically to Game 1 of the National League Wild Card series between the Chicago Cubs and the San Diego Padres, scheduled for Tuesday, October 1, at Wrigley Field. The offer is available only to first-time depositors who register using the code and place a qualifying wager of at least $20 on the moneyline, run line, or total for that game.
**Context**
Fanatics Sportsbook, the betting arm of the global sports merchandise giant Fanatics, has been aggressively expanding its market share since launching in several states in 2023. The FOXNEWS350 promotion is part of a broader strategy to attract new customers during the high-stakes MLB postseason. According to the official Fanatics Sportsbook website, the offer works as follows: after registering with the code FOXNEWS350 and making a minimum $20 deposit, users place a single bet of $20 or more on the Cubs vs Padres Game 1. Regardless of whether the bet wins or loses, the account will be credited with $350 in bonus bets within 48 hours of the game’s conclusion. Bonus bets are non-withdrawable but can be used to place additional wagers on any available markets.
The Chicago Cubs secured the third National League Wild Card spot after a strong finish to the regular season, while the San Diego Padres clinched the second Wild Card position. The two teams met seven times during the regular season, with the Padres winning four of those matchups. Game 1 will feature a pitching duel between Cubs ace Justin Steele and Padres right-hander Michael King, both of whom posted sub-3.50 ERAs in 2024. The game is expected to draw significant betting interest, with early lines showing the Padres as slight favorites on the road.
Fanatics Sportsbook is currently licensed and operational in more than 15 states, including Illinois and California (where the Padres are based), though California has not yet legalized online sports betting. The promotion is valid only in jurisdictions where Fanatics Sportsbook is live and where the Cubs vs Padres game is available for wagering. The company has emphasized that the offer is subject to terms and conditions, including a one-per-person limit and a 14-day expiration on bonus bets.
**Análise**
The FOXNEWS350 promo represents one of the most aggressive customer acquisition offers in the current sports betting landscape. By guaranteeing a $350 bonus on a $20 wager, Fanatics is effectively spending $350 per new user — a figure that underscores the intense competition among sportsbooks for market share. DraftKings, FanDuel, and BetMGM have all run similar “bet and get” promotions, but the $350 threshold is notably higher than the industry standard of $150 to $200. This move signals Fanatics’ determination to capture a larger slice of the MLB postseason betting handle, which historically spikes during October.
From a consumer perspective, the offer is straightforward but carries a few caveats. The $350 is issued as bonus bets, not cash, meaning users cannot withdraw the amount directly. However, bonus bets can be used to place risk-free wagers on any event, and any winnings from those bets are withdrawable. For casual bettors, this effectively provides a $350 bankroll to explore other games in the postseason. For more experienced players, the promo can be leveraged to lock in a guaranteed profit by hedging the initial $20 wager across different outcomes, though such strategies require careful execution.
The timing of the promotion is also noteworthy. The Cubs vs Padres Game 1 is one of the most anticipated Wild Card matchups, featuring two large-market teams with passionate fan bases. By tying the offer to a specific game, Fanatics ensures that new users are immediately engaged with a high-profile event, increasing the likelihood of continued activity on the platform. The use of the FOXNEWS350 code also suggests a marketing partnership with Fox News, though neither party has disclosed the terms of the arrangement. Fox News has previously collaborated with other sportsbooks for promotional codes, leveraging its broad audience to drive sign-ups.
**Fontes**
- Fanatics Sportsbook official website – terms and conditions for the FOXNEWS350 promotion. - MLB.com – schedule and standings for the 2024 National League Wild Card series. - Illinois Gaming Board – list of licensed sports betting operators in the state. - Fox News Media – prior promotional partnerships with sports betting platforms. - ESPN – pitching matchups and game preview for Cubs vs Padres Game 1.
Por Renan Filho · 2026-09-29