HedgeMath

FanCash Redemption Calculator

FanCash is the rewards currency at Fanatics Sportsbook. You can convert it into bonus bets (1 FanCash = $1) or, on eligible wagers, spend it on a profit boost whose FanCash cost and boost size appear on the bet slip. This calculator runs both options through the same hedging math and shows which returns more cash per FanCash. Program facts are paraphrased from the Fanatics FanCash Program Terms (checked Sep 30, 2026); Fanatics can change them. HedgeMath isn't affiliated with Fanatics.

Route 1: redeem for a bonus bet

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$

Route 2: redeem for a profit boost

$
%
$
$
Better use of FanCash
Bonus bet wins

Per FanCash, the bonus bet route returns $0.62 against +$0.11 for the boost, using the prices you entered.

Bonus bet route
100 FanCash → $100 bonus bet
Hedge on the other sideat -300
$187
Cash result62.3% of the bonus
+$62.33
Per 1 FanCash spent
+$0.62
Profit boost route
100 FanCash → 50% boost on a $50 bet
Boosted odds
+150 → +225
Hedge on the other sideat -165
$101
Cash result+22.4% of your stake
+$11.21
Per 1 FanCash spent
+$0.11

Calculated at the odds you entered. Prices move and bets can be voided, so confirm both prices before placing either bet. HedgeMath doesn't place bets.

How the math works

Bonus bet route: FanCash × your rate = the bonus bet. The calculator sizes the hedge as in the bonus bet calculator and divides the cash result by the FanCash spent.

Profit boost route: the calculator applies your boost to the bet, sizes the hedge as in the profit boost calculator, and divides the cash result by the FanCash spent. This route puts your own cash on the boosted bet, so it's sensitive to how well the other side is priced.

The route with the higher cash result per FanCash is the better use of that FanCash at the prices you entered. Change the odds to see how the answer moves.

Inputs
FanCash spent on the bonus bet
$100
Bonus bet dollars per 1 FanCash
$1
Odds you'd put the bonus bet on
+250
Odds on the other side, at another book
-300
FanCash spent on the boost
$100
Profit boost
50%
Your cash stake on the boosted bet
$50
Regular odds on the boosted bet
+150
Odds on the other side, at another book
-165
Round stakes down to
Whole dollar
Better use of FanCash
Bonus bet wins

Per FanCash, the bonus bet route returns $0.62 against +$0.11 for the boost, using the prices you entered.

Calculated with the same engine as the calculator above. Last updated 2026-09-30.

What changes the result

Enter what your app shows
Redemption rates, boost sizes and FanCash costs change. Use the numbers on your bet slip, not last month's.
Bonus bets like plus money
The bonus route converts best at plus-money odds, roughly +300 to +500 with typical hedge prices. Much longer and the hedge stake grows faster than the result. Converted bonus bets expire 7 days after conversion, so only convert when you're ready to bet.
Boosts need a good hedge
The boost route is cash bets only, one boost token per wager, and depends on finding a fair price for the other side. If the market is thin, the bonus route usually wins.
Compare the same games
Use prices for games you could actually bet, at the moment you would bet them.

Frequently asked questions

Is FanCash worth $1?

It converts to $1 in bonus bets, but a bonus bet doesn't return its stake, so hedged it's worth less than $1: usually about 65 to 75 cents at the prices HedgeMath sees. FanCash can't be withdrawn as cash.

Should I redeem FanCash for a bonus bet or a profit boost?

It depends on the odds and prices available. This calculator compares the hedged cash result per FanCash for both routes so you can see which is better for the prices you enter.

Does FanCash expire?

Under the program terms, FanCash earned from betting expires 365 days after your last earning activity, promotional FanCash after 7 days, and bonus bets converted from FanCash 7 days after conversion. Fanatics can change these terms.

Is HedgeMath affiliated with Fanatics?

No. Fanatics and FanCash are trademarks of their owners. HedgeMath is an independent calculator.

Does HedgeMath place the bets?

No. You place every bet yourself. HedgeMath only does the math.

HedgeMath Pro

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