Tracked bookmakers · rank #44 of 145 by margin

Fanatics review: who runs it, and are the odds any good?

6.78%
median margin
3.8%
best price on board
3,282
markets · 7 days
55%
flagged prices held

Across 3,282 markets observed in the last 7 days (5 sports, 40 leagues), Fanatics's median bookmaker margin was 6.78% — rank #44 of 145 tracked books (lower is better for bettors). Where at least five independent operators priced the same market, Fanatics had the single best price 3.8% of the time.

Margin, last 35 days daily median across every Fanatics market we captured · +0.3 pts over 35 days (stable)
2026-07-27 · low 4.55%high 8.05%2026-08-30 · now 6.78%

Is Fanatics trustworthy?

We publish the checks, not a score — every ✓ links or cites its source, and anything we could not establish says so.

5/6checks
verified
Operating company
FBG Enterprises Opco, LLC (d/b/a Fanatics Betting & Gaming). source
Licence
Massachusetts Category 3 sports wagering operator licence (verified example; Fanatics runs per-state entities and some PointsBet-legacy entities persist in other states)
~
Licensed markets
US — reported to us and not yet verified against a regulator, so treat as a lead rather than a fact.
Fees
No commission — cost is in the prices, about $6.35 per $100 staked all in
Does its posted price hold?
Of 601 Fanatics prices Omenizer flagged as market-beating in the last 90 days, 55% were still there or better when we looked again; 45% had moved against the bettor and 0% had the market pulled. Measured only on prices we flagged as outliers — the ones most likely to be corrected — so read it against other books here, not as a share of Fanatics's whole board.
What Omenizer has measured
3,282 markets across 5 sports and 40 leagues in the last 7 days, priced against the rest of the market.

How Fanatics's prices compare

Market familyMedian margin
Moneyline / match result 4.63%
Handicaps / spreads 4.84%
Totals 4.76%

Fanatics margin by sport

Only sports with 50+ observed Fanatics markets in the last 7 days are shown — a median over less is noise.

SportMedian marginBest priceMarkets (7d)
Baseball 6.84%3.3%2,464
Soccer 6.62%5.0%409
American Football 4.76%10.2%249
Tennis 5.56%0.0%145

Who runs Fanatics

Operator: FBG Enterprises Opco, LLC (d/b/a Fanatics Betting & Gaming). (source, checked 2026-08-16)

Availability: licensed in US. (reported — verification in progress)

In the last 90 days, Fanatics posted the board-leading price on 601 signals flagged by Omenizer's detection engine.

The margin is the bookmaker's built-in fee: the amount by which its implied probabilities exceed 100%. A 6.78% margin means that, on a typical Fanatics market, prices pay out 6.78% less than a fair-value book would. Omenizer's fair prices remove this margin using sharp reference sources — the methodology explains how.

FAQ

Is Fanatics legit?
Fanatics is operated by FBG Enterprises Opco, LLC (d/b/a Fanatics Betting & Gaming), licensed under Massachusetts Category 3 sports wagering operator licence (verified example; Fanatics runs per-state entities and some PointsBet-legacy entities persist in other states). Independently of that, Omenizer has measured 3,282 Fanatics markets in the last 7 days against the rest of the market, so its prices are observable rather than taken on trust. We publish the checks we can evidence and flag the ones we cannot — we do not certify bookmakers.
Who owns Fanatics?
Fanatics is operated by FBG Enterprises Opco, LLC (d/b/a Fanatics Betting & Gaming).
Is Fanatics licensed?
Massachusetts Category 3 sports wagering operator licence (verified example; Fanatics runs per-state entities and some PointsBet-legacy entities persist in other states).
What is Fanatics's betting margin?
Measured across 3,282 markets in the last 7 days, Fanatics's median margin (overround) was 6.78% — rank #44 of 145 bookmakers Omenizer tracks. Lower is better for bettors.
How often does Fanatics have the best odds?
Where at least five independent operators priced the same market (clone brands sharing one price feed count once), Fanatics posted the single best price 3.8% of the time over the last 7 days.
How is Fanatics's margin measured?
Omenizer records every price on every tracked market, converts them to implied probabilities, and sums each market's sides; the amount over 100% is the bookmaker's margin. The figure here is the median across all of the book's observed markets — measured, not quoted from marketing material.
See where Fanatics beats fair value — free account

Live reference — data refreshes daily · the dataset · all tracked bookmakers

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