Top 8 Sports Betting Bonuses in New York

Ny betting promo codes and bonuses can vary greatly in type and value depending on the operator.

That’s why in the section below, we will be looking through the best bonuses on New York’s top sportsbooks.

1. FanDuel— Huge Welcome Offer

FanDuel’s main betting bonuses are:

• FanDuel Welcome Offer: New York bettors can earn up to $3,000 back on their first bet with FanDuel’s welcome offer. Qualifying for this bonus is also incredibly easy, just place your first bet with the platform. That’s it, you will then be eligible for the promotion.
• FanDuel Refer a Friend: New York bettors can earn free money for every friend they refer, just hit the “refer” button. Once you have sent your friend an invite link, have them set up, verify, and bet $10. Once that’s completed, you will both earn $50.
• NBA Quick Hits: Depending on the night’s game, you will have access to bet on the predicted winner of the 1st quarter. Adding an additional layer atop moneyline betting. For a team to “win” the first quarter, the point spread must be 2.5+.

2. BetMGM— High Value Refer a Friend Bonus

BetMGM’s main betting bonuses are:

• BetMGM Welcome Bonus: New York bettors can win up to $1,000 with BetMGM’s welcome offer.

• BetMGM Rewards: New York bettors can earn rewards on every wager with BetMGM’s rewards system. No need to worry about the hassle of codes or opting in, once you create your account, you’re already receiving rewards.
• BetMGM Refer a Friend: Win an extra $50 for every friend you refer to the BetMGM sportsbook. To qualify for this reward, first, send your friend a personalized invite code. Now, have them verify their BetMGM account. Once that is completed, you should have $50 deposited into your account.

3. DraftKings— Substantial Deposit Bonus

DraftKings main betting bonuses are:

• DraftKings Welcome Offer: New NY bettors can earn an extra 20% on their first deposit on the DraftKings Sportsbook to a maximum of $1,000. As for the minimum deposit amount, you are required to deposit a minimum of $5.
• Bet $5 and Win $200 in Free Bets: New bettors can also win $200 instantly when they bet $5 or more. The only stipulation to this offer, is that the $200 is paid out in 8- $25 segment.
• Refer a Friend: Refer your friend to the DraftKings sportsbook and earn a free $100. To qualify, send your friend a personalized invite link. Next, they must verify their account and deposit $25+. Once that has all been completed, you will receive $100.

4. Bally Bet— Great Refer a Friend Bonus

Bally Bet’s main betting bonuses are:

• Bally Bet Welcome Offer: New York bettors can receive a first deposit match of up to $100. It must also be mentioned, these funds can be used across both the sportsbook and casino.
• Bally Rewards: Bally bet offers its unique Bally Rewards system, designed to get more money into your pocket. Bally Bucks, as they are called, can be redeemed throughout the sportsbook, allowing you to get more from every dollar.

• Bally Bet Refer a Friend: Although not the largest amount, Bally Bet’s refer a friend bonus is quite lucrative. To redeem the reward, send your friend a unique invite code. Once they deposit $10+ they will earn $10, and you will earn $50.

5. BetRivers — Wide Variety of Bonuses.

BetRiver’s main betting bonuses are:

• BetRivers Welcome offer: New bettors in New York can receive up to $100 back on their first bet with the promo code SPORTS. To receive the offer, simply input the promo code and place a real money wager. If you lose, you will be refunded the value of your wager up to $100.
• NBA Bet and Get: Place 3+ same-game parlays in one week worth $10 to receive a $10 free bet. Qualifying is easy, just make sure the parlay odds are -200 or greater.
• Wednesday NBA First Field Goal Insurance: Bet on Wednesdays for a player to score the first field goal in an NBA game. If the player does not score first, but the team manages to score 120+, receive a free $25 bet credit.

6. PointsBet — Great Variety of Rewards Programs

PointsBet’s main betting bonuses are:

• PointsBet Rewards: Known for the plethora of rewards available, the PointsBet sportsbook offers rewards on every wager. Bettors new and old can earn points across the sportsbook. With the rewards system, earn 1 point for every 5$ wagered. As for parlay, it’s 1 point per dollar.
• PointsBet Platinum Club: As stated above, PointsBet is known for its amazing rewards, one such rewards program being the Platinum Club. Within the club, you will receive higher-quality promotions and offers. To enter the platinum club, you must be in the top 5% of bettors.
• PointsBet Diamond Club: Next we have the upper echelon of rewards programs, the Diamond Club, an invite-only rewards program. Once you are invited, you will be privy to a host of personalized rewards and bonuses.

7. WynnBET — Easily Claimable Welcome Offer

WynnBet’s main betting bonuses are:

• WynnBET’s Welcome Offer: New bettors within New York can win $5 on their first $100 bet. Regardless of if you win or lose, all you have to do is place a bet with odds of -120 or greater to win the $5.
• Multi-Sport Parlay Bonus: Win, lose, or push a $50+ bet on the WynnBET sportsbook to get a $10 free bet. To qualify, place a 4+ leg parlay on any sport Monday-Wednesday, you will then receive a $10 free bet.
• Wynn Hour: Every Tuesday and Thursday between 5-6 pm, you will find several bet boosts throughout the sportsbook. You will find odds boosts ranging from 5-100% on a myriad of sports.

8. William Hill — Plethora of Profit Boosts

William Hill’s main betting bonuses are:

• William Hill Welcome Offer: New York bettors can earn up to $1,250 back when they use promo code CZRFULL. Qualifying is incredibly easy, place a $10+ bet on any sport. If your bet unfortunately loses, you earn up to $1,250 in free bets.
• Profit Boost: Across both the Caesars and William Hill sportsbooks you will find a plethora of profit boosts. Available in the vast majority of the sporting library, there are profit boosts for everyone.
• William Hill’s $100 Refer a Friend: Bettors on the William Hill sportsbook can earn $100 for every friend they refer to the sportsbook. All you must do is send your friend a sign-up link. Once they have deposited $50+, you will receive $100.

New York sports betting bonuses quite plainly work in conjunction with other features to maximize a bettor’s profit.

Sportsbooks offer a myriad of different bonus options, from deposit matches, to profit boosts, all to facilitate higher winnings.

These promotions are used primarily to attract new bettors, driving additional traffic and funds through the sportsbook. Meaning promotions, especially those for new bettors, are designed to provide optimal odds and increase profit.

A great example is William Hill’s welcome bonus, where bettors can earn up to $1,250. The large sum is a great way to attract new customers.

In the section below, we will be looking through the common requirements found on sportsbook promotions.

Rollover

What is a rollover in betting? It’s a question many bettors, both new and experienced, wonder.

The answer is quite simple, a rollover is the required number of times a promotions winnings must be bet before bettors can withdraw. It’s way sportsbooks aim to keep funds circulating and keeps players from instantly withdrawing winnings.

An example of a rollover would be if a sportsbook offered $1,000 in free bets if you lost your first wager. The sportsbook could set a rollover of 25x, meaning you would have to bet that $1,000 25 times before withdrawing.

Bonus Expiration Date

As the name suggests, bonus expiration dates function exactly how any rational person would assume. To put it simply, the bonus expiration date tells you how quickly you must use bonus funds.

Offers with a longer expiration date are generally better, allowing bettors to make optimal wagers. Nobody wants to feel rushed when placing their bets, and a shorter expiration period forces rushed bets.

As an example, if a sportsbook offered a 30-day period, as opposed to a 5-day period; bettors would have much more time to research wagers.

Minimum Odds

Minimum odds function as one would expect, it dictates the wager’s chances of winnings, alongside determining the payout.

You will oftentimes find minimum odds placed on promotions, plainly to make sure bettors don’t make too much profit. The minimum odds placed on a promotion can easily make or break it.

There is no point in a profit boost if the minimum odds set you up for failure, nobody wants a 5% chance of winnings.

Pay close attention to the minimum odds required for promotions and bonuses, and always put yourself at an advantage.

Minimum and Maximum Deposit

Both minimum and maximum deposit amounts say a lot about the promotion, ranging widely.

Generally, you will find that the best offers have very low maximum deposit amounts, limiting total winnings. This is in stark opposition to the minimum deposit amounts which oftentimes exist to bring a set amount of funds onto the sportsbook.

Plainly put, if the minimum amount is not reached, you cannot claim the promotion or bonus, it’s a barrier to entry.

It should also be said, for maximum deposit amounts, you can oftentimes wager much higher than the promotion states. The bonus simply won’t apply above the value set.

New York sports betting bonuses compare quite well to many other states, especially when considering the strict environment. The state is not only strict on the number of sportsbooks allowed in the market but also strict on the available promotions.

That’s not even to mention the ridiculously high sports betting tax rate of 51%, effectively smothering most high-value bonuses.

That doesn’t necessarily mean New York doesn’t possess fantastic bonuses, just that operators can’t throw money around as easily. You will still find a multitude of great promotions throughout the state, it’s just not leading the country in that area.