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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

21+ and physically present in NY. For help with a gambling problem call 1-877-8HOPE-NY or text HOPENY (467369).

#1

$1,000 First Bet on Caesars

Features

  • Earn Caesars Rewards from betting activity.
  • Live streaming of NFL games.
  • User-friendly mobile app.
Bet Now

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

#2

Bonus bet up to $100

Features

  • Competitive odds across all markets.
  • Live betting section is well organized.
  • Earn iRush Rewards from betting activity.

BetRivers Review

With its solid lines and user-friendly promos, adding BetRivers to your sportsbook rotation makers a lot of sense.

Features

#3

Get up to $1,000 in Bonus Bets

+$25 in FanCash 🧢

Features

  • Live in 19 states
  • Extremely powerful brand history and recognition
  • FanCash reward system is great for sports fans

Fanatics Sportsbook Review

Fanatics Sportsbook has launched its app in a dozen states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.

Features

#4

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

Affiliate Disclosure: Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site.

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 🏆Promo code ✅Welcome bonus 💰
Bally BetN/ANo bonus
⭐ BetMGMN/ANo bonus
⭐ BetRiversSBRBONUSSecond chance bet up to $100
⭐ CaesarsSBRBONUS1000$1,000 first bet on Caesars
⭐ DraftKingsNo code requiredBet $5, get $200 in bonus bets
⭐ FanDuelNo code requiredBet $5, get $150 in bonus bets
⭐ FanaticsNo code requiredUp to $1,000 in bonus bets
Resorts WorldNo code requiredNo bonus

FanDuel NY welcome offer 🔵

FanDuel's welcome bonus for new bettors is a bet $5, get $150 in bonus bets. You won't need a FanDuel promo code to get started, either. Here's what you need to know.

  1. Register and download the mobile app to make your first deposit of at least $10.
  2. Place your initial wager of $5 or more.
  3. Win or lose, you'll receive $150 in bonus bets.
  4. The bonus bets must be used within seven days, or they will expire.
  5. Bonus bets are non-withdrawable and must be used to wager further with the sportsbook.

FanDuel promo pros and cons 

ProsCons
✅ 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

What does the promo mean for you?

A first bet of just $5 on FanDuel will unlock $150 of bonus value. Your first bet can either win or lose. It doesn't matter how it turns out since this bonus is guaranteed. 

How much money can I earn with the promo?

Bonus bets can be used to make more bets, although any winnings will not include the amount of bonus bet credits you risked. The amount you can ultimately earn from this promo depends on the size of your first bet and how you choose to risk your bonus bets.

Why this 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 up however you please, making one large $150 bet or 150 smaller $1 bets. Or anything in between. 

Screenshot of FanDuel Sportsbook mobile app for Android devices. 
FanDuel Android App

DraftKings NY welcome offer 👑

First-timers with DraftKings NY can place a wager of $5 or more to acquire $200 in bonus bets instantly. 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 eight (8) $25 bonus bets and is non-withdrawable, non-transferable, non-refundable, and will expire after seven days.

  1. Bonus bets cannot be withdrawn as cash
  2. The bonus bets must be used within seven days of receipt
  3. Be sure to read the terms and conditions for playthrough requirements

DraftKings promo pros and cons 

ProsCons
✅ No promo code required❌Bonus bets expire in seven days
✅ Low cost of entry❌Bonus bets must be used in $25 chunks
✅ Easy-to-read terms and conditions

What does the promo mean for you?

This is an excellent promo for new players because, for a low cost of entry of just $5, you can earn eight $25 bets that can then be used for further wagering. Your bankroll is safe when using those $25 bonus bets from DraftKings.

How much money can I earn with the promo?

The success of your wagers tethered to the bonus bets determines the payout. If you take one of your $25 bonus bets and wager on a sporting event at 4-1 (+400) odds, and it cashes, you'll get $100. So, the more you win, the more money you can earn with this promo. The best part is that so long as you’re using the bonus bet funds, you can’t lose any real money because you’re not touching your bankroll.

Why this bonus is better than others

DraftKings' $5 wagering requirement is among the lowest among the top sportsbooks. However, FanDuel recently matched this betting requirement, adding fuel to the FanDuel vs. DraftKings debate.

Screenshot of DraftKings Sportsbook mobile app for iOS devices.
DraftKings iOS App

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:

  1. Requires a minimum first deposit of at least $10.
  2. Place your qualifying wager of any amount on any sports market.
  3. Should your first bet lose, the sportsbook will refund your money, up to $1,000, as a single bonus bet.
  4. The bonus bet expires 14 days after it hits your account, so act fast.

Caesars Sportsbook NY promo pros and cons

ProsCons
✅ 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

What does the promo mean for you?

Caesars allows you to wager on a game up to $1,000 on the house, whether you're a new player or a seasoned handicapper. If it wins, no bonus funds are awarded. If you lose, Caesars NY credits your account with the exact amount, up to $1,000.

How much money can I earn with the promo?

The sportsbook bonus comes into play only if your first-time bet, up to $1,000 maximum, settles as a loss. If you lose your first bet, the total possible amount earned depends on how well you do on your next wager with Caesars' single bet credit. So long as you keep winning each subsequent bet with Caesars Reward monies, your possible earnings are infinite.

Why this bonus is better than others

It’s one of the most lucrative NY sportsbook promos regarding possible money acquired but does hinge on a loss.

Screenshot of Caesars Sportsbook mobile app for Android devices.
Caesars Android App

BetRivers NY welcome offer ⚡

Use the BetRivers bonus code SBRBONUS when making your first deposit to earn a $100 bonus 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:

  1. BetRivers bonus code SBRBONUS triggers the sign-up offer.
  2. Most traditional markets are available to wager on with the bonus betting credit.
  3. Bonus funds added to a user's account balance are tied to site credit.
  4. Bonus bets are not redeemable for real money wagers.
  5. Winning bets registered with that bet credit can be withdrawn.

 BetRivers promo pros and cons

ProsCons
✅ 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
Bonus money must be used in 30 days or forfeited

What does the promo mean for you?

With BetRivers NY, you can afford to be more aggressive with your first wager. We advise customers to refrain from instinctively going after the easy wager because no bonus money is paid out if you win. However, if you take a little risk and stake on a 4-1 underdog and win, you’ll make $400 instead of earning a bet insurance credit of $100. Remember to use the bonus funds within 30 days of receiving them.

How much money can I earn with the promo?

If you’re first $100 bet wins, no money can be earned with the promo offer because it goes away. If you’re first $100 bet loses and BetRivers credits you with $100, your second chance at winning can earn you hundreds, if not thousands, of dollars if you hit a hot streak. The more consecutive bet wins you hit after receiving the bonus money, your bankroll will grow.

Why this 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.

Screenshot of BetRivers Sportsbook mobile app for Android devices. 
BetRivers Android App

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 quick facts

🚀 NY apps launch date January 2022
➡️ Legal betting age21+
🔔 NY regulatorNew York Gaming Commission
🏆 Best NY bonusDraftKings
📱 Sports betting apps8
🧾 Remote registration Yes  
☎️ Problem gambling hotline1-877-8-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 sportsbookBest known for
Bally BetSocial betting
BetMGM“King of Parlays”
CaesarsMost lucrative welcome bonus
DraftKingsBest user experience
FanDuelHighly-rated mobile app
FanaticsFanCash Rewards program
Resorts WorldGenting Rewards
BetRiversLive 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.

New York Sports Betting

Review the best online sportsbooks and sports betting apps New York state has to offer.

Sportsbook Promos

Learn all about the various types of sports betting bonuses operators offer new and veteran players.

DraftKings Review

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

Gamblers Anonymous Hotline

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.

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 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.