Best NY Sports Betting

Bonuses for March 2023

Check out the best New York sports betting bonuses and claim up to $5,000 in bonus offers. Top NY sports betting promos can be found at Caesars Sportsbook and FanDuel Sportsbook, which feature first bets of at least $1,000 for new users.

Don’t know where to start with New York sportsbook promos? Wondering exactly what a “first bet” is from a sportsbook? This page will explain all about the NY sign-up bonuses currently available in more detail.

📱 Sportsbook💰 NY Sports Betting Promo✅ Claim Now
Caesars NY
Promo Code
$1,250 First BetClick to Claim
FanDuel NY
Promo Code
$1,000 No Sweat First BetClick to claim promo
Bonus Code
No current NY bonus offerClick to View BetMGM
BetRivers NY
Bonus Code
2nd Chance Bet Up to $100Click to Claim
DraftKings NY
Promo Code
$50 Bonus Bet
+ $1,000 Deposit Match
Click to claim promo

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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.

📱 Sports Betting App🎁 Bonus Offer💰 Promo Code🥇 Best For
Caesars Sportsbook NYfirst bet up to $1,250SHARPBETFULL or
Click to claim promo
Sign-up Offer
FanDuel Sportsbook NY"No Sweat First Bet" up to $1,000Click to claim promoPromotions
BetMGM NYNo special offers in New YorkN/ANew Bettors
BetRivers NY2nd Chance Bet Up to $100SHARPRIV or
Click to claim promo
Ease of Clearing Bonus
DraftKings Sportsbook NY$50 Bonus Bet (w/ $5+ deposit)
+ 20% deposit match up to $1,000
Click to claim promoSports Betting Experience
WynnBET NYBet $10, get $200 in bet creditsComing SoonSports Odds
Resorts World Bet NY$500 First Bet InsuranceComing SoonNew York City Residents
Bally Bet NYNo special offers in New YorkComing SoonNY Odds

Best New York Sportsbook Promos – March 2023

$1,250First Bet up to $1,250 - T&Cs Apply
Caesars NY sports betting promo


Sportsbook Rating: Very Good


  • Unified layout on desktop and mobile devices
  • One of the best welcome offers in the industry


  • No ability to live stream select sports events
  • Some odds are not as competitive with other sportsbooks
Licensed in New York
Payout Speed 72 Hours
Bonus Offer $1,250
Banking Options
Visa Mastercard American Express PayPal
$1,000No Sweat First Bet - T&Cs Apply
FanDuel New York Promo Code


Sportsbook Rating: Great


  • Stable and quick website and app performance
  • One of the top live streaming options for sports, including NHL


  • Limited market options for some sports
Licensed in New York
Payout Speed 72 Hours
Bonus Offer $1,000
Banking Options
Visa Mastercard American Express PayPal
N/ANo Bonus Offer Available
BetMGM NY Bonus Code


Sportsbook Rating: Very Good


  • Wide variety of market options in top sports events
  • Can use rewards earned on sportsbook at retail locations


  • Limited single-game parlay opportunities
  • Android app moves slowly, lacks customer service features
Licensed in New York
Payout Speed 72 Hours
Bonus Offer N/A
Banking Options
Visa Mastercard American Express PayPal
$1002nd Chance Bet - T&Cs Apply
BetRivers New York Bonus Code


Sportsbook Rating: Good


  • Offers niche sports groups and leagues for unique betting
  • Consistent profit boost promos offered for popular sports


  • Layout somewhat cluttered with information on website
  • Promotions limited compared to the competition
Licensed in New York
Payout Speed 72 Hours
Bonus Offer $100
Banking Options
Visa Mastercard American Express PayPal
$1,200$50 Bonus Bet (w/ deposit) + 20% Deposit Match up to $1,000 - T&Cs Apply
DraftKings New York Promo Code


Sportsbook Rating: Excellent


  • Long-running staple in the industry provides stability
  • Winnings from DFS can be used on sportsbook platform
  • Missions provide additional bonus money and crowns


  • Android app still has some glitches, display issues
Licensed in New York
Payout Speed 72 Hours
Bonus Offer $1,200
Banking Options
Visa Mastercard American Express PayPal

Best New York Sportsbook Promos – Additional Information

Caesars New York Promo Code

💻Caesars NY Promo CodeSHARPBETFULL
💲First BetUp to $1,250
🏦Minimum Deposit$10
📱iOS/Android App Review ScoreiOS: 4.6 Stars w/ 30K Ratings
Android: 4.2 Stars w/ 12K Ratings

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 NY 2022



💻FanDuel NY Promo CodeClick to claim promo
💲No Sweat First BetUp to $1,000
🏦Minimum Deposit$10
📱iOS/Android App Review ScoreiOS: 4.8 Stars w/ 530K Ratings
Android: 4.7 Stars w/ 77K Ratings

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 NY launch

💻BetMGM NY Bonus CodeN/A
🏦Minimum Deposit$10
📱iOS/Android App Review ScoreiOS: 4.8 Stars w/ 87K Ratings
Android: 4.2 Stars w/ 5K Ratings

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 New York

💻BetRivers NY Bonus CodeSHARPRIV
💳2nd Chance Bet Up to$100
🏦Minimum Deposit$10
📱iOS/Android App Review ScoreiOS: 4.5 Stars w/ 41 Ratings
Android: 3.6 Stars w/ 91 Ratings

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

DraftKings NY launch sports betting app

💻DraftKings NY Promo CodeClick to claim promo
🎁Bonus Bet Offer$50 ($5+ Deposit)
💳Deposit Match Offer20% match up to $1,000
🏦Minimum Deposit$5
📱iOS/Android App Review ScoreiOS: 4.8 Stars w/ 318K Ratings
Android: 4.6 Stars w/ 19K Ratings

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 NY Promo CodeClick to claim promo
💲Bet CreditsBet $10, Get $100 in Bet Credits
🏦Minimum Deposit$10
📱iOS/Android App Review ScoreiOS: 4.6 Stars w/ 300+ Ratings
Android: 4.4 Stars w/ 67 Ratings

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

💻Resorts WorldBET NY Promo CodeComing Soon
💲First Bet InsuranceUp to $500
🏦Minimum Deposit$10
📱iOS/Android App Review ScoreiOS: 2.4 Stars w/ 14 Ratings
Android: 4 Stars w/ 6 Ratings

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

💻Bally Bet NY Promo CodeClick to claim promo (for Caesars)
💲Bonus BetUp to $550
⚠️Special NoteDefault welcome offer is not verified for NY
📱iOS/Android App Review ScoreiOS: 2.4 Stars w/ 31 Ratings
Android: 3.5 Stars w/ 42 Ratings

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

How old do I need to be to place an online sports bet in New York?

21. The minimum age for online sports betting in New York will be 21 years old. That’s the standard across most states with legal online sports betting. If there are retail casinos that allow people 18 years or older in, they cannot place wagers at sportsbooks.

Can I claim a bonus at more than one sportsbook in New York?

Yes. Bettors can sign up for as many licensed sportsbooks as they like. There’s nothing wrong with having accounts at multiple sportsbooks. It allows bettors to shop around for the best odds, which is something sportsbooks are prepared for. 

What are the playthrough requirements on legal online sportsbooks in New York?

Playthrough requirements vary depending on the sportsbook and the type of bonus. Playthrough requirements ensure bettors wager at sportsbooks to redeem bonus credits.

The DraftKings deposit bonus has a 25x playthrough rate for its welcome bonus while BetRivers has a 1x playthrough. Read the terms and conditions of the bonus offer before opting in to make sure you agree with the stipulations.

What is bonus abuse and how can I avoid it?

Bonus abuse is making multiple accounts at the same sportsbook to cash in on those big welcome bonus offers multiple times. From the sportsbook’s point of view, it’s not terribly difficult to catch. Different social security numbers sending welcome bonus money to the same card or bank account is an easy pattern to catch.

Also, it’s important to note that sportsbooks will limit “no-brainer” bets to accounts with infrequent activity. Many popular companies offer these types of bets featuring little risk to bettors. If an account exists just to take advantage of these offers, they will stop becoming an option for them.

What is the DraftKings NY sports betting promo?

DraftKings Sportsbook offers a 20% match rate for up to a $5,000 deposit. This means new users can get up to $1,000 in additional wagers. Credit must be unlocked with a 25x playthrough requirement. In addition, a $50 Bonus Bet is given after the new user deposits money into their account.

What is the FanDuel Sportsbook promo code in New York?

FanDuel Sportsbook offers a $1,000 “No Sweat First Bet” as a welcome bonus. New bettors have to place their first wager on a qualifying bet and either win or lose. If they win, they get their winnings and no bonus credits. If they lose, bettors get Bonus Bets equal to the amount of money they wagered, up to $1,000.

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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