New York's online sportsbooks took just under $2 billion in total wagers in the first month of legal betting. The state, long known as the sports capital of the world, set the record for the largest month of betting in its first month of operation.
The early success of NY sports betting is in large part due to the generous bonus offers available at each of the state's major betting apps. Track the best NY sports betting bonus offers from the top apps in the industry using the table found below.
Sportsbook | New York Offer | Bonus Code |
---|---|---|
NEW Bet $5, Get $200 Free If Your Team Wins |
View Offer Bonus Code: 200BV1 |
|
NEW $3,000 No Sweat Bet Win or Get Your Bet Back |
View Offer No Code Needed |
|
Bet Up to $1,250 on Caesars Win or Get a Bet Credit |
View Offer Bonus Code: BVFULL |
|
$2,000 in Risk Free Bets Win or Get a Refund |
View Offer Promo Code: BVIEW0 |
|
$100 Second Chance Free Bet Industry-Low 1x Rollover |
View Offer Promo Code: 250MATCH |
Among the requirements set by the New York Gaming Commission for sportsbook operators were clear terms and conditions for every promotional offer. As a result, each of the four promotions that are available in New York is extremely straightforward, free of rollover requirements, and are easy to use.
Included in the details are the steps required to receive your bonus, how the bonus is paid, and a breakdown of who is eligible. We also list the pros and cons for each promotion below the details for the offer.
One of our top-rated New York sportsbook bonus offers for January belongs to DraftKings. New users that register using our current bonus code of 200BV1 will get $200 in free bets after making a $5 bet if their team wins.
This promotion has a $5 minimum deposit and only applies to your first wager, so be sure to follow each of these steps to lock in your free bets:
Why is the current DraftKings offer our pick for the best NY sportsbook promotion? There are several reasons this offer stands out above the current welcome bonus offers available in New York. Review the pros and cons of this offer when compared directly to the active promotions at competing sports betting apps:
The Caesars Sportsbook bonus offer available in New York is one of the more unique first bet offers available in the US sports betting market. New players that register using the promo code BVFULL will receive a first bet on Caesars up to $1,250. If your first bet fails, Caesars will refund the entire bet by giving you a free bet back of an equal amount. The refund will need to be bet once in the app before you can withdraw the funds.
As if that wasn't enough, Caesars is offering odds boost opportunities across every sport on their app this January. These wagers cap at $25 as the odds for these wagers have been drastically improved.
Follow these four steps to lock in this Caesars' welcome package in New York today:
*Note that your total bonus needs to be wagered at least once before you can withdraw anything you win.
Caesars New York Offer Details
FanDuel's initial bonus offer in New York is similar to what rival DraftKings is currently offering for the 2022 NFL season. Bettors that sign up for this FanDuel offer will receive a No Sweat First Bet of up to $1000!
There is no promo code required to lock in this promotion, simply follow any of the FanDuel links on this page to find the details, terms, and register to receive your free bets.
View Complete Review of FanDuel New York Offer
The PointsBet bonus offer for New York includes two risk-free wagers. The first can be applied to any fixed-odds wager, such as a standard spread or total bet. The second risk-free bet applies to any points betting wager. The fixed-bet offer caps at $500, while the points betting offer caps at $1,500.
While this promotion is far from the best offer available in New York, it is incentive enough to try what we think is one of the best sportsbooks available in the Empire State. One of our favorite features of this offer is that it allows you to choose how much you deposit, how much you risk, and how much of a bonus you receive.
BetRivers may not be as popular as DraftKings or FanDuel but they're still a fantastic option for NY sports bettors. Their app lags significantly behind those available with the other three sportsbooks, and their $100 second chance bet leaves much to be desired.
Nevertheless, as far as bonus offers are concerned, the BetRivers promotion is quite player-friendly. This is in large part due to industry-leading 1x play-through requirements. For new bettors, this means that if you lose your first bet, you will receive a free bet to cover the loss.
The launch of legal mobile sports betting in New York is arguably the most anticipated event in US sports betting history. In total, eight sportsbooks will compete for the business of New York's estimated 5 million sports bettors.
With such a competitive market and a large number of operators, New Yorkers have plenty of different bonus offers to choose from this January. Picking the right offer, and the right sportsbook can be a challenge. Here are some quick tips to help you along the way:
Looking at the current offers available from each of the sportsbooks set to launch in New York, the current bonus code offers at PointsBet and DraftKings stand out to us. Find a rundown of why we like each offer and the steps you must follow to receive each promotion when you register.
Nine New York State sports betting operators received their licenses Monday at the New York State Gambling Commission's meeting. The bids were scored based on a number of factors to determine which operators would receive the licenses, with a required technical score of at least 60 out of 75.
The two winning bids that reached the required technical score were FanDuel Sportsbook and Kambi Group. It is important to note that each winning bid is allowed to bring up to four brands to market.
FanDuel Sportsbook’s skins that will be available in New York include not only FanDuel, but also Bally Bet, BetMGM, and DraftKings Sportsbook.
Kambi will bring Caesars Sportsbook, PointsBet, Resorts World, and Rush Street Interactive to the state. While Resorts World does not have the online presence that the other 7 skins in New York offer, they do have New York City's only casino.
All of these sportsbooks will be taxed at 51% of their gross sports betting revenue. This is easily the highest amongst all US states to legalize sports betting but is still a win considering that, this time last year, Governor Cuomo was adamant the state lottery would be the only operator in New York.
Out of the six bids submitted to the commission, four failed. The following four bids failed to reach the required 60 technical scores out of the maximum 75:
Out of all these applicants, only bet365 had a high enough score to be considered, but the company failed to showcase that they would indeed increase revenue to the state. While most of the bet365 bid was redacted, we do know they proposed a 50% tax rate, which is clearly 1% lower than the winning bids.
Since legal sports betting is still a relatively new concept in New York, people have lots of questions. The following FAQ section was designed to provide some basic info regarding bonus offers in the state.
Sports betting has grown like wildfire in New York in a very short period of time. To find the best bonus offers in the state, simply visit our Best New York Sportsbooks page and visit it often. Our staff constantly talks with managers at all of the New York sportsbooks to make sure that our readers are getting the best bonus offers available.
For New Yorkers in January, we recommend signing up for accounts with FanDuel and DraftKings. They are both offering solid promos to all new customers! When combining these offers, folks can get a ton of bonus funds to kickstart their sports betting careers.
The answer to this question depends on the sportsbook. All of them accept major credit cards and debit cards. Some accept Venmo and even Crypto. Check out each sportsbook's cashier options before signing up.
Our staff keeps a close watch on each bonus offer in the sports betting industry. We update this table whenever a new bonus offer comes in. This could range as often as weekly to monthly.
No, at least not right away. Each sportsbook requires you to play through your bonus dollars a certain number of times before they will process any withdrawal requests.
How do the sportsbook promotions available in New York stack up to those across the country? Browse the best bonus offers for every state with legal sports betting below. We keep each of these pages updated daily to ensure bettors can always find the latest and greatest promotions available in their state.