Best New York Sportsbook Promos

Dive into the exciting world of sports betting with the latest and greatest New York sportsbook promos, tailor-made for the Empire State's bettors.

Whether you're a seasoned bettor or just starting, navigating the vast landscape of New York sportsbook promos can seem daunting. But worry not! Our guide will walk you through the best NY sports betting bonuses, helping you claim over $2,000 in bonus offers from leading platforms like FanDuel NY and BetMGM NY.

Top NY Promo Codes for July 2024

We've partnered with some of the most reputable NY sports betting sites to bring you exclusive promo codes and bonuses. Below, you'll find a comprehensive review of each verified betting offer.

BetMGM Sportsbook NY - Promo Code: NYSBMGM

Enter the fray with the BetMGM betting app and get a first bet offer worth up to $1,500. Enter the promo code NYSBMGM, sign up, deposit at least $10, place a first wager and if it loses, BetMGM will credit your new account with a maximum of $1,500 in bonuses. 

Terms & Conditions of BetMGM’s Welcome Bonus

Here’s what you need to know:

• Eligibility: Available to new customers in New York and other states where BetMGM operates legally. Use promo code NYSBMGM during registration.

• Deposit and Bet: A minimum deposit of $10 is required. The offer activates with your first wager.

• Promo Structure: If your first bet loses and is $50 or over, you’ll receive bonus bets divided into five parts. For first bets under $49, you’ll get a single bonus bet matching the wager.

• Bonus Expiry: Bonus bets are credited within 24 hours of the qualifying bet settling as a loss and expire after seven days.

• Use of Bonus Bets: Bonus bets can be used on straight bets or parlays on the sportsbook. Profits from winning bets placed with bonus bets are yours to keep, minus the value of the bonus bet.

Why We Like This Promotion

BetMGM’s first bet promotion is a standout for several reasons, making it one of the best NY sports betting promos for newcomers:

• Generous First Bet Offer: This caters to a wide range of bettors, from cautious newcomers to more seasoned enthusiasts looking for a significant opportunity to wager.

• Flexible Betting Options: Whether your interest lies in straight bets or parlays, the flexibility to use bonus bets across a variety of markets is a significant plus.

• Quick Bonus Access: The swift credit of bonus bets, often within 24 hours, means you can quickly get back into the action.

• Straightforward Terms: The clear, user-friendly terms, including a simple playthrough requirement, ensure bettors can easily understand and take advantage of the offer.

Additional BetMGM Promos

From refer-a-friend bonuses to teaser bets and a comprehensive rewards scheme, below is just a snapshot of what you might find at BetMGM for its returning bettors. BetMGM regularly refreshes its offers so keep an eye on its promotions page:

• Refer a Friend Promo: BetMGM’s refer-a-friend offer stands out, allowing you to invite up to 20 friends with a unique referral link. Once a friend signs up and bets $100, they receive a $100 bonus bet, and so do you, potentially earning you up to $2,000 in bonuses.

• Teaser Bets: For those who love strategizing with football and basketball bets, BetMGM offers teaser bets. Adjust the point spread and totals in your favor for a higher chance of success, though with adjusted odds. This option adds a layer of strategy to parlays, offering more control over the betting outcome.

• MGM Rewards Scheme: BetMGM’s loyalty program is among the most rewarding, with points accumulating across all MGM platforms. Your betting activity earns you points that can lead to bonus bets, cash back, online casino bonuses, and even discounts on MGM hotel stays. The more you bet, the more you earn, enhancing your overall betting and entertainment experience with BetMGM.

For a more detailed analysis and information on how to claim, read our full BetMGM Sportsbook Review.

FanDuel Sportsbook NY - Promo Code: Click To Claim

FanDuel NY welcomes those who register a new account with up to $200 in bonus bets, whether their first wager of $5 wins or loses. The minimum deposit to access FanDuel’s welcome offer is just $5. That makes it an excellent offer for occasional bettors who don’t want to invest a great deal and seasoned sports gamblers who can go big and go again regardless of the outcome of their first bet. No FanDuel newbie promo code is needed. Just sign up.

Terms & Conditions of FanDuel’s Welcome Bonus

FanDuel’s welcome offer stands out for its accessibility and user-friendliness. Here are the main points:

• Qualification: Open a new account, make a deposit of at least $10, and place your first real money bet of $5 to qualify.

• Bonus Credit: Regardless of the outcome of your first wager, you’ll receive your bonus credits within 72 hours.

• Use of Bonus: The bonus can be used on any sport, and any profits from bets placed with bonus credits are yours to keep. The credits expire 14 days after issuance.

• No Promo Code Needed: This offer is automatically applied following this link, making the sign-up process smoother.

Additional Notes: The bonus must be specifically selected on the FanDuel bet slip before placing a bet. There are no playthrough requirements for the bonus credit.

Why We Like This Promotion

FanDuel’s promotion is appealing for several reasons, making it an excellent starting point for new bettors:

• Low Entry Requirement: The low minimum wager makes this offer highly accessible to all levels of bettors.

• Guaranteed Bonus: Every new customer gets $150 in bonus credits, providing a substantial opportunity to explore FanDuel’s sportsbook without a large initial risk.

• Flexibility: Bonus credits can be used on a wide range of sports and markets, offering new users the freedom to discover their betting preferences.

• User-Friendly Features: The option to adjust the bonus bet amount offers personalized control over betting strategies. Plus, ongoing promotions for existing users add value beyond the welcome offer. FanDuel’s approach to welcome bonuses and ongoing promotions creates a welcoming environment for new users, encouraging exploration and engagement with the platform.

Additional FanDuel Promos

Beyond the accessible welcome bonus, FanDuel keeps the excitement high with creative and generous campaigns accessible through the ‘Promotions’ tab at the top of the sportsbook. Here's a glimpse into what you can expect:

• Parlay Insurance & Odds Boosts: Protect your parlays with insurance offers, and enjoy enhanced odds across a range of sports and events, including NBA, MLB, soccer, and more.

• Bonus Bet Promotions

• Same Game Parlays (SGP): FanDuel stands out by offering extensive markets for Same Game Parlays, especially with insurance on four-leg parlays for sports like NBA, MLB, and soccer. It’s also among the few that allow parlays on UFC Fight Nights.

• Regular Competitions: While FanDuel might not offer a traditional loyalty scheme, it compensates with regular competitions. Prizes range widely, from cash pots in daily fantasy sports contests to unique challenges across different leagues and seasons.

For a more detailed analysis and information on how to claim, read our full FanDuel Sportsbook Review.

Caesars Sportsbook NY - Promo Code: SAFEBET1000

Join the dynasty by seizing one of the biggest NY betting welcome offers when you sign up for Caesars Sportsbook. The Emperor has upped its game and you can get 100% of your stake back as a Bonus Bet up to $1000. You must use a valid Caesars promo code when you register a new account.

Terms & Conditions of Caesars’ Welcome Bonus

• Minimum Deposit: A deposit of at least $10 is required, making the bonus accessible to a broad range of bettors.

• Bet Credit: If your initial wager doesn't win, it's returned as a single-use bonus bet.

• Payout Timing: Bonus bets are credited within 48 hours of the losing bet settling.

• Expiration: The first bet must be placed within 30 days of creating your account, and bonus bets expire 14 days after being awarded.

What We Like About This Promotion

Caesars Sportsbook's welcome bonus stands out for several reasons:

• Generosity: The chance to place a first bonus bet up to $1000 is exceptional, offering significant value right from the start.

• Simplicity: Claiming the bonus is straightforward, involving a simple sign-up, deposit, and bet, with the promo code SAFEBET1000 unlocking the offer.

• Accessibility: A minimum deposit of just $10 opens up this opportunity to all bettors, making it one of the most accessible promotions.

• Flexibility: The bonus gives bettors the freedom to explore Caesars’ wide range of betting options without a hefty initial commitment.

Additional Caesars Promos

Beyond the initial welcome, Caesars Sportsbook continues to reward its loyal bettors in New York with a variety of exciting promotions. The lineup of offers is regularly updated, ensuring there's always something new to enhance your betting experience. While the specific promos may change, bettors can typically look forward to:

• 50% Profit Boosts: Enjoy enhanced winnings on select football and soccer games, giving you the chance to increase your bankroll.

• Sportsbook Contests and Prize Draws: Participate in contests and stand a chance to win big in prize draws, adding an extra layer of excitement to your betting journey.

• NFL Point Spread Offers: Take advantage of special offers on NFL point spreads, enhancing your football betting experience.

• Parlay Insurance Offers: Get added security with parlay insurance, ensuring that a near miss doesn't mean you walk away empty-handed.

To stay updated on the latest promotions and take advantage of these offers, make sure to regularly check the New York Caesars promotions page on the sportsbook app or website. 

For a more detailed analysis and information on how to claim, read our full Caesars Sportsbook Review.

All New York Sportsbook Promo Codes

While we've highlighted our top three promotions, New York's sports betting landscape offers a wealth of opportunities for bettors. Each of the nine legal sportsbooks in the state provides unique welcome promos designed to kickstart your betting journey. From bonus bets to deposit matches, the variety of offers ensures there's something for everyone. Below, you'll find a comprehensive table showcasing the welcome promos available from all legal NY sportsbooks.

How We Review & Rank NY Sports Betting Promotions

Our mission is to provide bettors with the most accurate and up-to-date information on NY sports betting promotions, ensuring you can make informed decisions with confidence. Here's how we meticulously review and rank each promotion:

• Promotion Value: We assess the real value each promotion offers to bettors, considering factors like bonus amount, first bet offers, and potential returns.

• Terms and Conditions: We dive deep into the fine print, highlighting crucial details such as wagering requirements, expiration dates, and bet restrictions, ensuring there are no hidden surprises.

• Ease of Use: Promotions should be straightforward to claim and use. We evaluate the process from sign-up to fulfillment, ensuring it’s user-friendly and accessible.

• Reputation and Reliability: Only promotions from reputable and licensed NY sportsbooks make our list. We consider the sportsbook's track record, customer feedback, and regulatory compliance.

• Ongoing Value: We look for promotions that offer continued value beyond the initial offer, including loyalty programs, refer-a-friend bonuses, and regular odds boosts.

By prioritizing these criteria, we aim to rank NY sports betting promotions not only by their immediate appeal but by their overall benefit to you as a bettor.

Types of NY Sports Betting Promos and Bonuses

Like all businesses, bookmakers have two aims - to lure new customers and then keep them coming back for more. One of their main strategies is to offer generous welcome offers to get you through the door. They’ll then try to encourage you to continue betting by delivering sufficient ongoing NY promos to keep you interested and staking money. It’s also not unusual for a book to throw a tempting tantalizer at customers on a losing streak to get them back in the game.

Obviously, sportsbooks don’t make much of a profit if lots of their users are winning regularly. That’s why bettors need to understand the types of NY sportsbook promos available and how to make the most of them. Matching betting offers to your wagering strategy is the best way to take advantage of what’s on offer.

Here’s what you’re likely to find at the top NY sportsbooks and how their most common promos work:

Risk-Free Bets

A risk-free bet, or insurance offer, is one of the most popular sportsbook welcome promos but you’ll also find them popping up either as regular offers or ahead of big events. They most commonly work by reimbursing a losing bet with bonus funds to use to place a new wager. Usually, if your opening bet wins, then you keep the profit but don’t receive a bonus. However, some books will hand you the freebie anyway which is fab.

There are often conditions attached to risk-free bets. Often, these are minimum and maximum odds, or limited markets they can be used on, plus there’ll be an expiration date so if you don’t use ‘em you’ll lose ‘em.

Risk-free bets can be used strategically - most often by signing up at all the sportsbooks that offer such a promo to max out the rewards. Some bettors go big on their first bet knowing the large potential profits are worth taking a ‘free hit’ at. There’s also a whole gambling grad school you can enroll in to learn about how to make the most of risk-free bets in matched betting systems. It's important to be aware that if your subsequent bets placed using your bonus funds also lose, then you will end up down overall.

Deposit Match Bonuses

Deposit match bonuses can often be generous, but how appealing they really are comes down to the terms and conditions that a sportsbook applies to them. A deposit match bonus means that the bookie will hand you site credit equal to the amount you’ve placed into your betting account. There’ll always be a top limit on this.

What you need to look for on deposit match promos are the playthrough requirements. A book might hand out a lovely bonus with a dollar for dollar equivalent to how much you’ve funded your account, but require you to wager it a certain number of times before you can withdraw any winnings. Some sportsbooks set this so high that the chances of taking any real cash from it become pretty low. Some have much less ‘playthrough’ requirements though, but there may be a tradeoff as to the deposit level they’ll match.

No Deposit Bonuses

The holy grail of betting promos, no deposit bonuses are rare nowadays. They’re more commonly found at online casinos than sportsbooks. A no deposit bonus works exactly as it sounds. You sign up to a betting site and automatically gain credit whether you put any money in the account or not. No deposit bonuses are always low in value - you might get $10 if you’re lucky. They usually have a ton of conditions attached too, but for the few minutes it takes to sign up to a new book, any bonus funds you can find are worth it.

There aren’t any no deposit bonuses currently at NY sportsbooks but keep checking back as when they do appear you’ll need to be quick to get on them.

Reload Bonuses

Reload bonuses can be the difference between dropping out of the betting action altogether for a while or staying in the game. A reload bonus means that a sportsbook will hand you some funds to keep your account balance topped up, replenish it when it’s flatlined, or give you a bonus bet.

Bookies aren’t dumb of course. Sometimes they deliver reload bonuses because if you walk away and leave your account dormant for some time, they have no chance of making any money from you. If you keep on playing, they figure you’re more likely to deposit real cash before long. Some books have regular reload bonuses, usually weekly, or will award a bonus bet when you place a certain number of real money ones, while others will throw you a bonus as if at random.

Matched Bet Offers

Matched bet promos are much like their deposit-equalling brethren except that this type of offer will reward players with a bonus bet token worth a percentage, up to 100% of their qualifying wager. Matched bet deals come in all shapes and sizes and might hand multiple smaller bets up to a certain value or a single bigger one. 

Odds Boosts

Odds boosts are a staple of line shopping where bettors compare the odds at different sportsbooks to wager at the best price possible. It simply means that the odds are upped on certain markets for a higher potential payout. Odds boosts promos can be applied to moneylines, prepackaged parlays and points spreads, as well as popular totals bets and even prop bets.

Odds boosts usually see the bookmaker slice a chunk off the vig (‘vigorish’ or ‘juice’) they apply to wagers. Also known as the ‘house edge’ this is a built-in advantage the book sets to ensure it can make money even off winning bets. Sportsbooks often use odds boosts to highlight the biggest games of the day and to reel in recreational punters following their favorite team.

Referrals

Almost every NY sportsbook runs a referral scheme. You’ll see them advertised as ‘refer a friend’ or something snazzier like ‘share the love’. These betting promos operate by enabling customers to recommend a site to friends, family or even casual acquaintances to reward the referrer and/or the new sign-up with bonuses or prizes. New Yorkers are blessed with some excellent referral schemes that allow users to send a unique link to multiple people to build up sizable rewards. Some are superior to others though so check the Ts and Cs.

Parlay Insurance

Regular parlay betting fans know only too well the feeling of a combo wager that’s looking oh so good only for one of the legs to let the whole thing down. In such situations, losing on one near-miss feels like daylight robbery. Parlay insurance offers bettors some cover should this happen. Normally, parlays require each leg to win for a payout. With a parlay insurance promo applied, some of the risk is reduced by handing you a partial return should one pick mess up. Parlay insurance will usually require the wager to comprise a certain number of legs or more and be at a set minimum odds level.

Why Do Sportsbooks Offer So Many Promo Codes?

There are a variety of reasons why sportsbooks offer so many promo codes but it always comes down to marketing, attracting new customers and retaining existing ones. Having such a variety enables betting providers to widen their incentives to as big an audience as possible to lure in different bettors through different channels.

One reason is that the sportsbook might have different sign-up offers on the go and entering a promo code linked to each one allows users a choice. 

Alternatively, promo codes can be used to monitor the effectiveness of a sportsbook’s in-house campaigns. Promo codes also allow sportsbook users to take part in a promotion or otherwise. Some customers might opt not to take part in a promotion if for example the terms aren’t favorable to them and they believe they can get better value by not using the code.

Sports You Can Use Your Betting Promos On

Football Betting Bonuses

One of the most popular sports to bet on in the US, football betting bonuses are huge during the season, ramp up further when the playoffs roll around and reach a crescendo as the Super Bowl approaches. You’ll regularly find parlay and prop promos appearing on Mondays, Thursdays and Sundays at the top NFL sportsbooks.

A potentially profitable strategy for NFL games can be to use bonus bets, parlay insurance and odds boosts to ‘fade the public’. This means betting against the consensus view on who will win. Because so much money is wagered on the biggest NFL showdowns, odds can become seriously stingy on heavy favorites and underplay the chances of underdogs. Using betting offers to back the team with the biggest odds who you think has a chance of the win can return healthy profits with minimal investment and risk.

College Sports Betting Bonuses

Betting on college sports is legal in New York State though not on local teams. Be sure to jump in when you spot short-lived promos for each college football conference and check out parlay offers and odds boosts for building a handful of ranked teams to increase potential payouts. 

It’s undoubtedly March Madness when the best NCAAB betting sites go crazy with betting offers. If that’s the sporting highlight in your calendar, save up several welcome promos to make the most of a bonus bet and deposit match bonanza as you follow college basketball’s showpiece.

Hockey Betting Bonuses

You’ll quite often find that the best NHL sportsbooks drop bonus bet promos during the high and low points of the hockey season. That’s to capitalize on the big money flowing into the Stanley Cup and conference finals but also midseason games that aren’t attracting so much betting interest. It’s not unusual to find ‘bet and get’ offers during those periods that only require a small wager of say $5 to get $20 worth of bonus bets.

Baseball Betting Bonuses

All the best MLB betting apps run loads of baseball bonus offers most weeks. Many of them are weekly mainstays, particularly on parlays. Look out for the books that offer matched bonus parlay bets on Saturday and midweek baseball games. 

You’ll also find a few betting sites that offer ‘long shot’ parlay promos where adding a handful of underdogs to your bet slip can land enormous odds. Considering that the less favored team typically wins 40% or more of MLB fixtures each season, there’s a ‘better than hopeless’ chance of making a big profit here.

Basketball Betting Bonuses

NY basketball fans are well served with betting promos with perhaps the widest array of any sport. Moneyline and parlay odds boosts are commonplace for NBA games. You’ll also unearth a multitude of regular props at the top rated NBA sportsbooks with uprated odds along with a few ‘funky’ ones such as landing a sizable payout if either team scores a three-pointer or player x achieves y number of rebounds.

How to Claim a Promo Code with a NY Sportsbook

Claiming a sportsbook promo code means finding one first, and you’ll always find a comprehensive rundown of the latest NY sports betting promo codes here at NYSafeBets.com.

Once you’ve identified a code that appeals, you’ll need to download the relevant sportsbooks app and be signed up ensuring you can meet all requirements to do so. Often, a betting site will have a box for entering a promo code at the registration stage. This will be for claiming the welcome offer. Don’t miss it or you’ll miss out.

If you’re up and running at a sportsbook with an existing account, the most common way to claim a promo is to enter the relevant code at the time you make a deposit or by accessing the site’s promotions page and opting in to an offer. You won’t always be asked for a code when applying promos this way but some books will ask for one.

Aside from entering a correct and valid promo code, the single most important thing to remember is that you’ll need to meet all the requirements that apply. Not doing so is the main reason bettors miss out on promotions. 

Read on to understand how to minimize your FOMO (‘fear of missing out’) when it comes to making the most of sportsbook offers.

Common Promo Code Restrictions

There will always be some criteria to meet to claim a betting offer by redeeming a promo code. The restrictions on using promo codes usually aren’t too onerous but they can limit your betting options to some degree.

Minimum Odds

The most common promo code requirement is that the sportsbook will require a wager made using it to have a defined level of minimum odds. This restriction is applied by the bookmaker to prevent bettors from making a quick buck with little risk. 

If there were no minimum odds applied, there would be nothing to stop a professional gambler or high roller from placing a huge stake that would be almost guaranteed to turn a profit. Minimum odds will usually start at -200, rising to evens (+100) depending on the sportsbook and the particular market.

Wagering Requirements

Wagering requirements are the bane of many bettor’s lives when claiming a promo. A wagering, playthrough, rollover or turnover condition affects how and when you can withdraw payouts. A wagering requirement means that you have to wager the bonus funds a certain number of times before payouts are turned into real money. 

So if a $10 free or bonus bet has a playthrough requirement of 5x, you will need to use it to place bets worth $50 before you can cash out. One of the only ways to get around a wagering requirement in part is to go low and place the necessary number of bets on heavy favorites (while watching out for minimum odds conditions) to maximize your chances of winning each time.

Expiry Dates

Almost all betting promos will have a date by which they expire. The length of time you have to use bonuses from a promo code varies by sportsbook and offer. They can be as low as 24 or 48 hours and extend to 30 days. The expiry date will be hit after the set period has elapsed from when you were awarded the bonus.

Cash Out

Cashing out bets early is a common reason for invalidating an offer gained by using a promo code. Opting to ‘take your money and run’ when a wager is in progress on a live betting event will usually mean the remainder of the bonus will automatically expire. 

This cash-out rule also applies when you’ve entered a promo code for an offer such as ‘bet $10 and get a $10 bonus bet’. If you cash out the real money $10 early you won’t then get the bonus bet.

Minimum Deposits

Any minimum deposit requirement when using a betting promo code means that you must meet the threshold for funds added to your account to qualify for the offer. Also, it usually won’t be sufficient to enter a promo code that has a minimum deposit requirement of $20 and then make two separate positive transactions of $10.

Pros and Cons of Using Promos

Pros

• Increased Bankroll: Promotions can significantly boost your bankroll, allowing you to place additional bets without dipping further into your own funds.

• Low-Risk Exploration: Many promos, especially bonus bets and bonus credits, provide a safety net that encourages exploring different betting strategies and markets without the usual risk.

• Enhanced Entertainment Value: With the possibility of winning more without additional investment, promotions can make sports betting more exciting and enjoyable.

• Loyalty Rewards: Ongoing promotions reward regular bettors, providing continuous value beyond the initial welcome bonus.

Cons

• Wagering Requirements: Some promotions come with playthrough requirements that must be met before you can withdraw winnings, potentially limiting the immediate usability of bonus funds.

• Limited Time Offers: Many promotions are only available for a limited time, and if not used within the specified period, they expire, possibly before you have a chance to fully benefit from them.

• Restrictions on Use: There may be restrictions on how you can use bonus bets or credits, such as limited betting markets or minimum odds, which can restrict your betting choices.

• Potential for Overspending: The allure of promotions might encourage more frequent or larger bets than usual, leading to overspending for some bettors. It's crucial to only wager what you can afford to lose. Promotions should enhance your enjoyment of the game, not lead to financial stress.