With the launch of legal New York sports betting and the Empire State raking in $16 billion in sports betting handle, it’s only fair that players get to take a bite from the proverbial apple via NY sportsbook promos and bonuses. We've identified the best sign-up offers available in New York from sites like DraftKings, FanDuel, Fanatics, and Caesars.
Top New York sportsbook promos
Great Live Betting Options
Features
- Some of the best live-betting odds.
- Great deposit options.
- Earn MGM Rewards from betting activity.
BetMGM Review
BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.
Features
Win $150 + NBA League Pass 🏀
New customers only. Deposit min. $5. Place first bet of $5+ and win $150 in Bonus Bets (within 72 hours).
Features
- Top-tier app experience.
- Same Game Parlays and SGP+.
- Extensive promos and odds boosts.
FanDuel Review
FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.
Features
$1,000 First Bet on Caesars
New users only. Register using eligible promo code. First bet to settle must lose to qualify. Max. Bonus Bet: $1K. Expires in 14 days. Void where prohibited. Full terms.
Features
- Earn Caesars Rewards from betting activity.
- Live streaming of NFL games.
- User-friendly mobile app.
Caesars Sportsbook Review
Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.
Features
Quick links On this page
- Top New York sportsbook promos
- All New York sportsbook promo codes and bonuses
- How we rate and review NY sports betting promotions
- New York sports betting promos summary
- Types of New York betting sign-up offers and bonuses
- New York online sportsbooks
- New York betting resources
- Responsible sports betting with New York promos
- Sportsbook promos and bonuses in other regions
- New York sportsbook promos and bonuses FAQs
All New York sportsbook promo codes and bonuses
New York sports betting promos and bonuses range between $100 and $1,000. However, when redeeming your bonus, you must pay attention to each operator’s terms and conditions. Playthrough requirements are one catch, while the other — and more common these days — is that your first wager must lose for the welcome bonus funds to unlock and credit your account. From there, your sportsbook promo funds may need to be used on a single bet or within a few days.
On the bright side, unlike sportsbooks of yesteryear, most NY online sportsbook operators and New York sports betting apps do not require a promo code when making a first deposit or opting for a future bonus. Only BetRivers NY and Caesars Sportsbook NY require sportsbook promo codes at sign-up time.
| NY sportsbook 🏆 | Welcome bonus 💰 | Promo code ✅ |
|---|---|---|
| ⭐ Caesars | $1,000 first bet on Caesars | SBRBONUS1000 |
| ⭐ DraftKings | Win $150 in bonus bets + $1,000 deposit offer | No code required |
| ⭐ FanDuel | Bet $5, win $150 in bonus bets | No code required |
| ⭐ Fanatics | Bet $5, Get $50 in bonus bets | No code required |
| ⭐ Bally Bet | Bet $25, get $150 in bonus bets | No code required |
| ⭐ BetMGM | No bonus | N/A |
| ⭐ BetRivers | Second chance bet up to $100 | No code required |
| ⭐ Resorts World | No bonus | No code required |
FanDuel NY welcome offer 🔵
FanDuel's welcome bonus for new bettors is a bet $5, win $150 in bonus bets deal. You won't need a FanDuel promo code to get started, either. Here's what you need to know.
- Create an account and make your first deposit of at least $5.
- Place your initial wager of $5 or more.
- If it wins, you'll receive $150 in bonus bets.
- The bonus bets must be used within seven days, or they will expire.
- Bonus bets are non-withdrawable and must be used to wager further with the sportsbook.
FanDuel promo pros and cons
| Pros | Cons |
|---|---|
| ✅ Bonus bets can be used on any market | ❌ Bonus bets expire in 7 days |
| ✅ Low initial risk of just $5 | ❌ Must use FanDuel mobile app to redeem |
| ✅ Ultra flexibility with bonus bets | ❌ First bet must win |
Why this FanDuel bonus is better than others
This bonus is incredibly flexible, giving you full control over the $150 worth of bonus bets. You can divide those bonus funds however you please, making one large $150 bet or 150 smaller $1 bets. Or anything in between. No other NY welcome bonus has that kind of freedom included. However, you do have to win your first bet in order to claim this bonus.
DraftKings NY welcome offer 👑
First-timers with DraftKings NY can place a wager of $5 or more to acquire $150 in bonus bets instantly (if your first bet wins). No DraftKings promo code is needed to get started.
Only the initial wager of at least $5 counts as the qualifying wager. The bonus will be paid as six (6) bonus bets if your first wager settles as a win. The bonus bets are non-withdrawable, non-transferable, non-refundable, and will expire after seven days.
- Bonus bets cannot be withdrawn as cash.
- The bonus bets must be used within seven days of receipt.
- Be sure to read the terms and conditions for playthrough requirements.
DraftKings promo pros and cons
| Pros | Cons |
|---|---|
| ✅ No promo code required | ❌ Expires in seven days |
| ✅ Low cost of entry | ❌ Bonus bets capped at $25 each |
| ✅ Easy-to-read terms and conditions | ❌ First bet must win to claim |
Why this DraftKings promo is better than others
DraftKings' $5 wagering requirement is among the lowest among the top sportsbooks. In order to get $150 in bonuses from Caesars, for example, you would have to bet (and lose) $150 first. This DraftKings deal is one of best bangs for your buck of any NY sign-up promo. However, FanDuel also offers a very similar deal, adding fuel to the FanDuel vs. DraftKings debate.
Caesars NY welcome offer 🏛
Caesars Sportsbook NY pulls no punches when it comes to its welcome offer. The sign-up bonus consists of up to $1,000 first-bet insurance when using the Caesars Sportsbook promo code SBRBONUS1000. Here are some key considerations:
- Requires a minimum first deposit of at least $10.
- Place your qualifying wager of any amount on any sports market.
- Should your first bet lose, the sportsbook will refund your money, up to $1,000, as a single bonus bet.
- The bonus bet expires 14 days after it hits your account, so act fast.
Caesars Sportsbook NY promo pros and cons
| Pros | Cons |
|---|---|
| ✅ High-value bonus | ❌ First bet must lose to activate offer |
| ✅ Only a $10 minimum deposit | ❌ Bonus bets expire in 7 days |
| ✅ Best for more experienced bettors |
Why this Caesars bonus is better than others
Simply put, the Caesars NY welcome bonus is the largest available. When it comes to second-chance first bets, Caesars offers the maximum amount with its $1,000 offer. BetRivers has the same type of deal, but it tops out at $100. Factor in the Caesars Rewards loyalty program (the best in the business, arguably), and claiming this welcome bonus is a no-brainer.
BetRivers NY welcome offer ⚡
You won't need a BetRivers bonus code when making your first deposit to earn a $100 second chance bet. If your first wager loses, BetRivers NY will credit your account back $100 as a bonus bet, and you’ll have a second chance at winning. Further promotional details include:
- Register a new account at BetRivers and make a minimum deposit (or more).
- Make a bet on any available sports market, with -200 odds or longer.
- If it loses, BetRivers will refund it entirely (up top $100) via bonus bets.
- Bonus bets are not redeemable for cash and expire in seven days.
BetRivers promo pros and cons
| Pros | Cons |
|---|---|
| ✅ The first bet is refunded up to $100 if it settles as a loss | ❌One of the lower-value NY welcome bonuses |
| ✅ Minimum deposit of only $10 | ❌Bonus bets are only valid on wagers with odds of -200 or longer |
Why this BetRivers bonus is better than others
If we’re being honest, it’s not better. The thing BetRivers has going for it is that its parent company, Rush Street Interactive, is globally recognized as an industry leader with one of the best products on the market and a user experience second-to-none thanks to live video streaming and live in-game betting.
As for the welcome bonus, though, it's merely okay. If you've already claimed all the available welcome bonuses from other NY sportsbook, you might as well take advantage of BetRivers' deal too. After all, another $100 in first-bet insurance is still better than nothing.
Fanatics NY welcome bonus 🧢
Fanatics finally launched in New York in early 2024, gaining access to one of the most populous betting markets in the country. New Yorkers now have access to Fanatics' bet $5, get $50 in bonus bets welcome offer, and you don't need a Fanatics Sportsbook promo code of any kind to qualify for the deal.
Check out our Fanatics review to learn more about the sportsbook.
Here's how the welcome bonus works:
- You must download the Fanatics Sportsbook app.
- Place your first qualifying wager of $5 or more, with odds of -500 or longer.
- Win or lose, Fanatics will award you $50 in bonus bets.
- You can claim one bonus per customer.
- Bonus bets expire after seven days and can't be withdrawn for cash.
Fanatics promo pros and cons
| Pros | Cons |
|---|---|
| ✔️ Low wagering requirement | ❌ Lower maximum bonus value |
| ✔️ Outcome of bets doesn't matter | ❌ Bonus bets expire after seven days |
| ✔️ No promo code necessary |
Why this Fanatics promo is better than others
Honestly, this isn't one of the marquee bonuses in the state of New York. Other sportsbooks offer similar deals with more bonus bets attached. However, being able to claim an extra $50 for a mere $5 risk, win or lose, is still a solid deal. There's no reason not to claim it, especially since Fanatics is a terrific online betting platform.
Additional Sportsbooks
You can also learn more about BetMGM Sportsbook in New York by visiting our BetMGM bonus code page.
How we rate and review NY sports betting promotions
When evaluating and reviewing online sportsbooks and NY sports betting apps, our editorial and betting experts independently critique each outlet’s sports betting promotions for quality. How we rate and review these welcome bonuses and ongoing promos comes down to several factors:
- The dollar amount value the operator provides the player.
- If a player must punch in a promo code to redeem the offer.
- If the betting site requires an initial deposit.
- If a minimum deposit is required to unlock the bonus funds.
- If the operator applies an expiry date to the bonus.
- Clear explanations of playthrough requirements.
New York sports betting promos summary
| 🚀 NY apps launch date | January 2022 |
| ➡️ Legal betting age | 21+ |
| 🔔 NY regulator | New York Gaming Commission |
| 🏆 Best NY bonus | DraftKings |
| 📱 Sports betting apps | 8 |
| 🧾 Remote registration | Yes |
| ☎️ Problem gambling hotline | 1-877-8-HOPENY |
Types of New York betting sign-up offers and bonuses
When it comes to New York sign-up offers and bonuses, there are three that are promoted most often: deposit matches, deposit bonus, bonus bets, and first-bet insurance or second-chance wagers.
Deposit match bonus
In a crowded and competitive betting market, New York online sportsbook operators will look to woo you with deposit match bonuses. At the time you go to make a first deposit, the sportsbook will match your first transaction up to a certain amount.
For example, if a NY sports betting app’s deposit match bonus was 100% up to $1,000 and you deposited $1,000 the first time, that operator would double your available funds from the $1,000 you staked to $2,000, including the $1,000 you put up and their $1,000 deposit match. If a match bonus is 50% up to $500 and you deposit $500, the bonus would be $250 for a total wallet value of $750 to start.
Bonus bet
Many sportsbooks have embraced the bonus bet style of sign-up promos. This typically requires a modest initial minimum deposit of $5 or $10 and that you make a first bet to unlock the bonus funds.
For example, many sportsbooks offer between $100 and $200 in bonus bets just for making a $5 bet. Make sure to read the terms and conditions because sometimes there are additional stipulations attached, like having to win your first bet or meeting a certain odds limit.
First bet insurance (or second chance bets)
These are trending as the most popular sign-up bonus offers on the market because betting sites only have to pay out on losing initial wagers. If you win your first bet, no bonus is awarded, which acts as a double-edged sword for the player.
For example, if you make a first deposit of $500 on Caesars and wager it all on the Chiefs to win, and they lose, Caesars will stake you $500 back in bonus bet credit. However, you can't cash that out and must use it to make additional wagers.
SBR tip: Remember, some, if not most, of these bonus funds have terms, conditions, and playthrough requirements you should read and review before claiming.
New York online sportsbooks
When New York mobile betting went live on Jan. 8, 2022, four legal sports betting sites and sports betting apps were available to new players. That number has grown to eight operators over the past year, and while we wait to see what is next, chances are good that betting kiosks will be coming to sports venues like Yankees Stadium and Citi Field sooner rather than later. Plus, many state politicians believe that iGaming, otherwise known as online casino games, will be legalized in the near future.
New York online and mobile sportsbooks
| NY sportsbook | Best known for |
|---|---|
| Bally Bet | Social betting |
| BetMGM | “King of Parlays” |
| Caesars | Most lucrative welcome bonus |
| DraftKings | Best user experience |
| FanDuel | Highly-rated mobile app |
| Fanatics | FanCash Rewards program |
| Resorts World | Genting Rewards |
| BetRivers | Live betting |
New York betting resources
New York’s sports betting promotions are only a sliver of what new players should know before signing on with an online sportsbook or downloading a sports betting app. SBR’s editorial team has built out a full slate of NY sports betting resource pages to help you understand the ins and outs of the state’s best sports betting sites and to dig deeper into New York sports betting promos and bonuses.
Review the best online sportsbooks and sports betting apps New York state has to offer.
Learn all about the various types of sports betting bonuses operators offer new and veteran players.
Learn more as to why DraftKings continues to reign supreme as the best online sportsbook and sports betting app in New York.
Sports betting by category
It doesn't matter what sport or league is your favorite; there's a great sportsbook bonus waiting for you at any number of legal and licensed sportsbooks in your state. Here's a list of the best sportsbooks by category to make your decisions even easier:
Responsible sports betting with New York promos
The New York Gaming Commission is the regulatory body overseeing all gaming in the Empire State. As part of their mission statement, they are in charge of responsible sports betting oversight as it pertains to the operators and offering various resources, prevention, and treatment of gambling addiction.
While sports betting welcome bonus funds are a way to entice new players to sign-up with an online sportsbook or download a sports betting app, the truth is some players need assistance in monitoring their activity and bet frequency. The NYGC’s website offers several options to help those afflicted with problem gambling:
- Gambling HOPEline can be reached at 1-877-8-HOPENY (467369) 24 hours a day, seven days a week
- Voluntary Self-Exclusion can be embraced by filling out this form
- National U.S. gambling hotline: 1-800-GAMBLER
New York Council on Problem Gambling
New York State Office of Addiction Services: Treatment
The NYGC works with operators to include options within their online sportsbook and sports betting app settings to allow every player the option to set betting limits and session limits to mitigate problem gambling risks.
Sportsbook promos and bonuses in other regions
If you're not in New York and wondering about the legal status of sports betting in another state, just visit our legal sports betting state tracker to get the latest information on all 50 states.
Sportsbook promos and bonuses in legal U.S. states
Sportsbook promos and bonuses in international regions
- Canada sportsbook promos (excluding Ontario)
- U.K. sportsbook promos
New York sportsbook promos and bonuses FAQs
What’s the best sports betting bonus in New York?
If by best you mean most lucrative, Caesars takes the top spot, with first bet insurance of up to $1,000. Remember, with each sports betting bonus — be it welcome or ongoing promotion — there are playthrough requirements and terms and conditions that should be reviewed prior to placing any wager.
Which verified New York sportsbook promos offer the best value?
The best value is subjective to the individual, but you could make a strong argument that DraftKings' current offer is tops. For a $5 initial risk, you potentially get $150 in bonus bets broken down into six equal pieces.
How old do I need to be to bet on sports in New York?
You must be 21 years old to wager on sports in New York. This is verified at the time of sign-up by your social security number.
Do all New York sportsbooks provide sports betting promo codes?
No, not every New York sportsbook online or sports betting app require promo codes to redeem the offers. In fact, quite the opposite. Most sports betting sites in the Empire State require no promo code at the time of first deposit or when opting in to bonus bet promotions. This saves the player time and the headache of trying to remember to write down promo codes and decipher where to punch them in to redeem free bonuses.
What are the playthrough requirements on legal online sportsbooks in New York?
This varies based on the time of welcome bonus or ongoing promotion the legal sportsbook is offering. However, sports betting operators are transparent by sharing the terms, conditions, and playthrough requirements of each bonus before you opt in or place a bet. For example, a welcome bonus may offer $500 in bonus bets, but those funds can’t be withdrawn as cash.
How many sign-up bonuses can I claim in New York?
New York players may earn one sign-up bonus from each online sports betting site they register with. New players may not try to claim more than one welcome bonus by creating multiple accounts. This is illegal as it tries to game the system and is also why operators now require social security numbers at the time of registration.
