Bally Bet New York Promo Code & Sportsbook Review 2022

$1,500
Risk-Free Bet at Caesars Sportsbook - T&Cs Apply
3.8
Overall
Bonuses & Promotions
4.5
Odds vs. the Competition
5.0
Market Depth & Variety
3.5
Deposit & Cashout
3.0
Mobile App
3.0

Bally Bet New York Bonus Code

🏆 Best ForNY Odds
💰 NY Bonus CodeClick to claim promo
(for Caesars)
💍 Sign-Up OfferTBA for Bally Bet
📱 iOS App2.4 Stars w/ 31 Ratings
📱 Android App3.5 Stars w/ 42 Ratings
🏢 Parent CompanyBally's Corporation
Great Promotions
Banking Options
Strong App

See Bally Bet in Action

When Will Bally Bet NY Launch?

Bally Bet NY is now available! The ninth and final online sports betting app in New York launched on July 7, 2022. Like the others in the Empire State, it holds a license from the New York State Gaming Commission (NYSGC).

As other smaller competitors in sports betting have noted, spending at the top level has been excessive. Sportsbooks are spending a lot of money to bring in New Yorkers, and there’s a very high tax rate on earnings. However, as of now, the operator believes they are ready to compete.

Right now, you can download the Bally Bet 2.0 app on iOS or Android devices now or visit their website to place bets in New York. At this time, no welcome bonus is currently listed for new players at Bally Bet. Here are three offers now available on other highly-rated NY sports apps:

App preview

 

Bally Bet New York Promo Code September 2022

Bally Bet hasn’t announced an opening bonus for new account holders in New York. No special offers are available on the app, website, or any promotional material from Bally Bet. We’ll get more information on this special deal when it becomes available.

For now, bettors can take advantage of sign-up offers with other NY sportsbooks. For example, Caesars Sportsbook is offering a $1,500 risk-free bet for new users. The welcome offer gives players a chance to place a first bet of up to $1,500, and if it loses, it returns as site credit to be used again in the form of a second-chance bet.

Use Caesars NY Promo Code SHARPBET15 To Claim the Welcome Offer

Additional terms and conditions apply. Read the Caesars Sportsbook review for more details.

4.5
Promos

Aside from the above-mentioned opening bonus, Bally Bet has an excellent promotional program: the Trophy Case. In a nutshell, this rewards program allows Bally Bet users to earn trophies by betting on specific sports or wager types. They can earn points over time and eventually redeem those trophies for free bets in the form of site credit.

Additionally, Bally Bet offers a great rewards program. The more you use the sportsbook, the more you’ll get rewards to spend on the app. All in all, Bally Bet’s bonuses and promotions are pretty great for a new sportsbook without the biggest user base just yet.

5
Odds

Odds are constantly changing leading up to and during the game. So, there’s no single sportsbook with the best odds every time. However, there are sportsbooks that consistently offer competitive odds. Savvy sports bettors should have multiple sportsbook accounts so they can shop for the best odds. Here’s why Bally Bet should be one of those books.

How To Get the Best Point Spread and Over/Under Odds

There are two parts of a point spread or over/under bet that bettors must know how to judge. First, bettors need to know which point spread and over/unders are better for them. Over and underdog bettors want the largest numbers. They’d rather have +1.5 than +1. Under and favorite bettors want the smallest numbers. -1.5 would be better than -1.

Then bettors can judge the odds. As always, the highest odds are the best odds. The standard odds on point spreads and over/unders are -110 on each side. But the odds can move away from this standard, especially on point spreads. So, bettors will still have to odds shop. Here’s an example of those odds comparisons from Bally Bet and DraftKings:

 Bally BetDraftKings
Miami Heat-1.5 (-110)-1 (-110)
Philadelphia 76ers+1.5 (-110)+1 (-110)

On this line, Bally Bet has the better spread on both sides of the line. Since the odds are the same, bettors would place their bets at Bally Bet because it has the better spread. Bettors should get in the habit of comparing their odds when they make their sports wagers.

How To Shop for the Best Bally Bet Moneyline Odds

Shopping for the best moneylines is easy. All bettors have to do is find the highest odds. They can vary widely across sportsbooks. So, it’s important to shop for the best odds every time. Here’s a quick example of a baseball line from Bally Bet and PointsBet:

 Bally BetPointsBet
Toronto Blue Jays-160-160
Cleveland Guardians+140+135

On this line, Bally Bet has a 20-cent line, which means there’s only a 20-point difference between the odds. Smaller differences between both sides of the line usually mean better odds for bettors. But bettors have to check every line if they want the best odds every time.

How To Find the Best Futures Odds

Once again, bettors want to find the highest odds across their sportsbook accounts. There are two ways to narrow down which sportsbooks are worth a bettor’s time.

One is to check the theoretical hold of a sportsbook’s futures section. It’s tedious, but it’s a guideline of how competitive odds will be overall. So, a book with a 15% theoretical hold would have better odds overall than a book with a 25% theoretical hold.

However, high-hold books can still have better odds on individual teams than low-hold books. So, bettors always have to shop for the best odds. Here’s an example from 2023 NFL futures:

 Bally BetWynnBET
NFL Futures Theoretical Hold23.81%24.15%
San Francisco 49ers Odds+1,300+1,200

Bally Bet’s theoretical hold is slightly smaller than WynnBET’s. But they’re close enough that they both offer similarly competitive futures odds. So, bettors can browse all of Bally Bet’s futures knowing that it’s worth the time to check its lines.

2
Depth

Unfortunately, there will be some markets not available on Bally Bet that will make bettors scratch their heads. First and foremost, Bally tends to have the least amount of sports available to choose from. For the most part, top North American sports leagues and popular international soccer are available with a few niche sports.

MLB and NHL are fairly limited in team and player props. For example, some MLB games will feature how many runs a pitcher will give up, first to 3 runs scored,  and who will win the first inning. There’s not many more options beyond that.

Golf is very limited for round and tournament matchups. Most of the competition thwarts it with their offerings for this and other sports. If you’re looking for variety, Bally Bet is not the option as it stands right now. Perhaps as Bally Bet rolls out in New York, more betting markets will be available.

3
Cashout

The majority of competing sportsbooks offer a variety of online deposit and cash-out methods, like PayPal transfers, credit and debit card transfers, and more. Bally Bet only has a couple of cash-on deposit methods available at this time: credit or debit card transfers, Play+ prepaid card, or eCheck deposits. This is pretty low compared to the deposit and withdrawal methods offered by many other online sportsbook platforms. We’ll update further with what Bally Bet specifically offers on the newer app.

3.5
App

Bally Bet’s first mobile app was decent through and through, but a little ugly. A significant amount of default red-on-black can be a bit straining. On some mobile phones, the text can be extremely small to read numbers for spreads, totals, and odds.

For the second version of the app, Bally Bet improves in a lot of ways. The switch to a white general background and gray color for game selections is very welcome. The prior app required users to tap on “More” to view additional bets. But in the new version, they can tap anywhere within the game shown.

Despite the visual experience, the app functions pretty well. It’s lightweight, so navigation is pretty fast. When games are live, those that also use BetMGM will see a similar display representing what’s currently happening on the field.

Selecting bets, clicking on the bet ticket option, and customizing those selected bets is very smooth. You can place multiple straight bets simultaneously or quickly turn those bets into a parlay or teaser wager with the tap of a few buttons.

Promotions scroll through quickly at the top to get a handle on what the sportsbook offers. Live bets are easily accessible with an option at the bottom, and it’s easy to search for specific sporting events.

While the app could be a bit smoother in some areas and look a little better, it’s not a bad experience in the few states where it is currently active. This especially holds true with the second iteration of the sportsbook app.

3.6
Overall

Bally Bet offers a fairly average wagering experience. It has the basics down and the lightweight app seems to run smoothly on mobile devices. The design is improved in its recent upgrade, but still leaves a lot to be desired. Lack of market depth also hurts bettors that are looking for specific options.

It’s going to be easy to take a pass on Bally Bet for bettors with multiple sportsbooks. With navigation quirks and lack of depth, it may not be worth opening up the app and comparing it with the competition.

On the bright side, Bally Bet is a newcomer to the industry and has some positives on its side. They own various regional sports networks to gain additional outreach for their sportsbook. They’re also only one of nine available sportsbooks in New York, which is less competitive than the dozens available now in some states.

Bally Bet is playing a longer game in the sports betting industry. Instead of diving in with the established competition, they opted for a later launch and the last online sports betting app to be available in the Empire State. We’ll see if they can make up ground among the other smaller sportsbooks.

Is Bally Bet Sportsbook Legit?

Yes, even though it does not have as much of a familiar name compared to other sportsbooks. Bally Bet is legitimate for the following reasons:

  • It has connections to 21 regional sports networks previously owned by Fox
  • It has a variety of promotional campaigns with regional sports networks
  • It has already been vetted by the Colorado and Iowa sports wagering regulatory organizations, and the newer app has been available in Arizona
  • It will be forced to include high-quality digital security
  • It has excellent insurance for its players

Why Choose Bally Bet NY Over Unregulated Betting Sites?

Online sports betting is fully legal in New York and Bally Bet is one of nine legal options available. There is no reason to use an illegal betting site, especially since:

  • Offshore betting sites have subpar odds
  • Illegal betting sites don’t have good digital security
  • Your personal information and money are at risk when you use an illegal betting site

Can You Trust Bally Bet NY With Your Money?

Yes, as it is licensed and regulated by the New York State Gaming Commission. This requires having good digital security and insurance to cover digital hacks or data breaches.

Bally Bet NY Fact Sheet

How old do you have to be?21
What states is Bally Bet legal in?CO, IA

Bally Bet New York Sportsbook FAQ

Is Bally Bet legit?

Yes. It has already launched in a handful of states, including Colorado and Iowa. The new app, which New York will also have, has been available in Arizona. New York has approved Bally Bet to launch in the state, and it did so on July 7, 2022.

Do you have to be in New York when you place a sports wager at Bally Bet?

Yes, Bally Bet utilizes geolocation software when it is installed on your phone to ensure you only place bets within New York state lines.

Is Bally Bet legal in New York?

Yes, as of July 7, 2022, Bally Bet was the final online sports betting app to launch in New York under current regulations. There’s a chance that more sportsbooks will be available in the coming years.

Can you do in-play betting at Bally Bet in New York?

The Bally Bet app and website offers in-play betting to New York residents. It already offers in-play betting to sports bettors in states where it is currently live.

Who will Bally Bet be partnered with in New York?

We don’t know at this time, but it may partner with one of New York’s local casinos.

How many different sports will you be able to bet on using Bally Bet?

Similar to other states, Bally Bet lets you place bets on major North American sports. They also feature niche sporting activities, like table tennis. However, it’s worth noting that the market variety pales in comparison to the rest of the NY industry.

About the Author

Brian Spaen

Brian Spaen is the Managing Editor of NY Sports Day. He has been a writer and editor in various industries, including sports betting, higher education, and renewable energy. Brian enjoys playing video games and going to local craft breweries.

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