New York Sportsbook Promos

All nine New York sportsbooks and sign-up bonuses for new players are available. The most popular types of offers are a deposit match bonus or a first bet offer with a return of bonus credits up to a certain amount if your bet ends in a loss.

A deposit match is an amount that is given in various forms that matches how much money the user puts into their account initially. Some sportsbooks are now offering new signup bonuses such as “First Bet Offer Up to $1,000 paid back in Bonus Bets (if you don’t win),” like BetMGM. The sportsbook doesn’t offer this in New York, but it does in other states with sports betting bonuses.

Some sportsbooks offer Bonus Bets. DraftKings Sportsbook offers a Bonus Bet, which is a $50 Bonus Bet. It does require the new user to deposit at least $5 into their account. We offer additional information on this offer and what other competitors are featuring for their welcome bonuses.

How much does New York State receive in online sports betting revenue? Take a look at detailed information on wagers and how much gaming operators and the state government receive on our sports betting revenue page.

Get the most significant bet return possible: Compare parlay odds across all NY online sportsbooks

New York Sports Betting Bonuses and Promos for March 2023

Here is a list of all the New York sports betting promos and bonuses currently available online. Additional terms and conditions apply.

Best New York Sportsbook Promos – March 2023

Best New York Sportsbook Promos – Additional Information

Caesars New York Promo Code

Caesars Sportsbook has some of the best welcome bonuses available for New York. The latest offer is a first bet of up to $1,250 + 1000 Tier Credits + 1000 Reward Credits®. After making a deposit, the first bet of up to $1,250 is on Caesars. No minimum odds required are listed, but always check the terms and conditions to confirm.

The initial wager needs to be $10 or more, and your first bet of up to $1250 is on Caesars. Full terms and conditions apply. Credits will be applied to the user’s account within seven days.

After the opening sign-up offers, current users will see a variety of promotions available. While existing bet credits cannot be used toward these, it’s a way to gain additional bet credits for other wagers. Promotions will be offered for a number of popular sports and leagues. There’s almost at least one new promotion to consider daily.

Caesars tend to offer a higher amount of odds boosts on popular sports than the average. Routinely, there will be a handful of boosts available for MLB prop combinations. For example, a boost may feature combining a player to get a home run and their team to win the game. Generally, Caesars puts a limit of a max bet at $100.

FanDuel New York Promo Code

FanDuel has strong odds on underdogs and mid-tier futures odds. So, it’s a worthwhile online sportsbook for New York bettors to consider if they haven’t already tried it in New Jersey. The traditional welcome offer from FanDuel is a “No Sweat First Bet” for new users. Up to $1,000 is eligible to be returned in bonus bets if it loses, so bettors are encouraged to bet big from the beginning.

FanDuel also constantly provides a handful of promotions to current users. Common features include no-sweat bets on Same Game Parlays and parlay insurance. Note that the initial welcome bonus must be completed first, and any bonus bets (also known as site credit) cannot be combined with a promotion. This will be alerted on the betslip, where users can turn off the bonus bets option.

Another feature of  FanDuel Sportsbook is that it offers bonus bets to be used at the player’s discretion. Bonus bets will automatically be set to use the entire amount, but the user can change the amount before placing a bet.

Some promotions for regular players are recurring at FanDuel. For example, each Tuesday, there’s a special to get $5 in bonus bets for each home run in a contest you bet on. The requirement is to place a $25 wager on a player to get a home run in the game. Bonus bets are distributed regardless if the wager wins or loses.

BetMGM New York Bonus Code

BetMGM has a near-perfect rating in Apple’s App Store for delivering an extremely reliable betting experience. It also has some of the best promotions for online sports betting, including the ongoing Parlay Plus offer. This offer is where bettors can boost a seven-leg parlay by 40 percent. Even a four-leg parlay can be boosted by ten percent.

At this time, BetMGM New York does not offer a welcome bonus for new users. As reported earlier this year, the operator planned to eliminate promotions due to the high state tax rate. When it was available, players could sign-up and claim a First Bet Offer of up to $1,000 paid back in Bonus Bets (if you don’t win). There’s a chance that promotions could return when the tax rate lowers.

BetMGM features plenty of odds boosts, which are referred to as “Lion’s Boosts.” A handful are available for the top sporting events featured each day. Based on our comparisons with other sportsbooks, these boosts are a mixed bag regarding value. However, these are different than the regular parlays promoted by BetMGM at the top of the event pages.

BetRivers New York Bonus Code

BetRivers offers one of the best welcome bonus in sports betting, making it one of the most popular sportsbook brands in the US. BetRivers offers a 2nd Chance Bet Up to $100. If your first wager loses, receive a Bet Credit equal to your stake up to $100!

For continuing promotions after the sign-up offer, BetRivers offers a lot of profit boosts. But, these will be tailored to a specific sport and only available on a certain day. Once you opt in, a wager must be placed with the profit boost over the next 24 hours. Generally, the profit boost is set at 20%.

DraftKings New York Promo Code

Because it is one of the most reliable apps out there, offers competitive odds and a handful of promotions, DraftKings is one of the most popular online sportsbooks in the US. You can also use DraftKings via a web browser. With by far the best overall quality and innovation, the platform is a strong performer in New York’s sports betting market.

New users can get a $50 Bonus Bet after making a minimum deposit. If you want to receive the biggest possible deposit bonus, DraftKings is your sportsbook. DraftKings matches your deposit by 20% and allows for bonus credits up to a total of $1,000.

There are many reasons why we highly recommend DraftKings, and one of those is definitely the ongoing promotions it offers after sign-up. Nearly every day, there are a variety of options available. Many of them are highlighted on the front page carousel of offers. Recently, many of them have centered around bonus bets for Single Game Parlays, but there have been various odds boosts and parlay boosts offered as well.

Like FanDuel, there’s a decent amount of odds boosts available for top North American sports, international soccer leagues, and major sporting events. Other sportsbooks may have a larger amount of odds boosts available. However, their value doesn’t seem to match up as often with what DraftKings and FanDuel feature.

WynnBET New York Promo Code

WynnBET announced a partnership with the New York Jets, and the sportsbook is in the process of opening a luxury lounge at Met Life Stadium. Both the sportsbook’s website and app have a more simplified design, and both offer numerous changing promotions and deals to boost potential winnings. WynnBET’s mobile sportsbook was the seventh to go live in the state. WynnBET is part of the winning Kambi Group bid.

Resorts World Bet Bonus Code

From the Resorts World Catskills Casino, residents can bet online with the Resorts World Bet app and desktop site. The casino is the closest to New York City residents, so there is plenty of brand familiarity. Even the platform is familiar — it was built through a partnership with PointsBet. The layout is exactly the same as PointsBet and includes most of the features outside of the daily parlay odds boosts and the “PointsBetting” option. And the odds do vary from the PointsBet sportsbook itself.

Bally Bet New York Promo Code

A newcomer in the sports betting industry is Bally Bet, which just launched its NY platform in July. Currently, Bally Bet doesn’t have a welcome offer in New York. But, Bally Bet offers various reward systems for frequent bettors.

The sportsbook’s trophy system provides bonus bets for bettors with winning streaks. While the app design and performance need to be improved, there’s a lot of potential in linking their existing properties.

Bally’s is expanding their presence, most notably in the regional sports market, taking over numerous local sports networks that show top collegiate and professional sports. Bally Bet is part of the FanDuel Group consortium, which features some of the most recognized names in the industry. In August, The New York Yankees announced they added Bally Bet as an official sports betting partner.

Future Sportsbooks in NY

With Bally Bet now available in New York, all nine permitted sportsbooks are now live. More could come to NY in the future, but this will be it for the time being.

Types of New York Sports Betting Bonuses

Bettors will find a bedrock of standard bonuses in New York.

To start things off, new player bonuses are exclusive to new bettors. Welcome bonuses entice new bettors to sign up for sportsbook accounts with specific sportsbooks. Ongoing bonuses offer promotions throughout the year, giving regular sports bettors many betting options. And some sportsbooks offer loyalty or VIP programs to reward high rollers.

But understanding what to do with these wagers is important too. Here’s what bettors need to know. 

Parlay Insurance

An emerging bonus that is being offered more and more at multiple sportsbooks is parlay insurance, both for traditional and single-game formats. Parlays can be a fun way to bet and potentially win big money, but the vast majority of wagers with this method aren’t successful. Sportsbooks can offer a bit of relief with a parlay insurance promotion.

Legs of a parlay are the different props that can be added. To be eligible for parlay insurance, bettors typically need at least three or four legs. The parlay insurance comes in when one of these legs does not hit. So if three of the four legs are successful, the wager is often given back as a bonus bet or site credit.

Another frequent requirement is an odds limit that must be met. For example, each leg must have at least -200 odds or greater, or the combination of all the legs must have odds of +400 or higher. When we say “greater” or “higher” than +400, that means +450, +500, or anything above that is acceptable. If the total legs equal +350 odds, that wouldn’t qualify.

Various terms and requirements for parlay insurance will differ across sportsbooks. Some platforms offer parlay insurance for particular sports and leagues. We’ve seen a significant boost in parlay insurance as sportsbooks launch their single-game parlay features.

Deposit Bonuses

Deposit bonuses are the other common bonus type. It’s also often used as a welcome bonus, as with DraftKings. Deposit bonuses have two parts to them. The first is the match rate. That tells bettors how much they have to deposit or wager to get $1 in bonus credit. 

For example, DraftKings offers a $1,000 deposit bonus at a 20% match rate. For every $25 wagered, bettors receive $1 in bonus credit, which is effectively a 5x wagering requirement.

Deposit bonuses are usually limited to welcome bonuses. They’re rare for ongoing bonuses. 

No-Deposit Bonuses

No-deposit bonuses are the closest thing to free cash that sportsbooks offer. They’re small amounts of site credits awarded to bettors for signing up for sportsbooks. They’re usually not more than $50, and they’re often not even that much. For example, Barstool Sportsbook offered a $10 no-deposit bonus just for signing up.

For the most part, no-deposit bonuses are very limited. These are generally offered within special time frames, such as sports betting officially launching in a specific state or a limited-time promotion to receive a bonus bet. That’s certainly the case in New York, where there were a few pre-launch bonuses under 48 hours before launch.

How to Claim New York Sports Betting Bonuses and Promos

Claiming online sportsbook bonuses begins with selecting the right platform. Usually, that means searching the app store or browsing different sportsbook websites to decide which has the best welcome bonus or other features that set it apart. Bettors can find sportsbooks on websites in-browser. So, if bettors don’t want an app, then they can do their sports betting on their computers. 

However, selecting a sportsbook also means differentiating between sportsbook apps and daily fantasy sports apps. Some sportsbooks have separate apps for each service, and bettors need to make sure they’re selecting the sportsbook app. Further, some sportsbooks have just one app, while others have different ones for each state. Bettors should make sure that they select the New York version of the app.

Remember: Always read the terms and conditions before opting into a promotion. You’ll need to know the minimum odds for an eligible bet, the wagering requirements for a deposit match bonus, and so on. Welcome bonuses and promotions are optional, and bettors can simply disregard the offers and get right to betting.

New York Sports Betting Bonuses – FAQs