New York Sports Betting Promos & Bonus Codes

May 18, 2022

Due to a 2013 bill and a regulatory framework for brick-and-mortar sportsbooks that was developed in 2019, in-person sports betting has been legal in New York for years.

Online betting, on the other hand, has had a more difficult road, which was smoothed out in 2021 when then-Gov. Andrew Cuomo signed a budget agreement into law, establishing a framework for eventually bringing mobile sports betting to the Empire State.

Here's a rundown of the top sportsbook promotions available in New York in May 2022.

SportsbookPromo Offer
Caesars SportsbookUp to $1,100 Risk-Free Bet
DraftKings Sportsbook 20% up to $1000
DraftKings Sportsbook Bet $5 Win $200
DraftKings Sportsbook Bet and Get
DraftKings Sportsbook Double Your Money
FanDuel Sportsbook$1000 Risk-Free Bet
BetMGM SportsbookBet $10 Win $200
BetMGM Sportsbook$1000 Risk-Free Bet
BetRivers 100% Up to $250
PointsBet Sportsbook$2000 Risk-Free Bet

Caesars Sportsbook - Up to $1,100 Risk-Free Bet

Caesars sportsbook promo code risk-free bet bonus

Aside from introductory bonuses, Caesars Sportsbook offers continuous promotions such as free bet bonuses, which award players with free betting credits.

If you place a first-time wager of up to $1,100 and it loses, you will receive your money back as a credit toward one free bet under the current promotion. Just bear in mind that you have 14 days to use your free bet.

Sportsbook:Caesars Sportsbook
Promo offer:$1100 Risk-Free Bet
Selected events: All Sports
Promo CodeSQORECZR
Available in New YorkYes

DraftKings Sportsbook - 20% up to $1000

Draftkings Deposit Bonus

For newly registered wagers, DraftKings will match 20% of your deposit amount up to $1,000 by simply make your initial deposit (minimum $5) into your new DraftKings Sportsbook account. 

Sportsbook:DraftKings
Promo offer:20% up to $1000
Selected events: Any NFL game
Promo CodeNo Code Required – Click here to sign up
Available in New YorkYes

DraftKings Sportsbook - Bet $5 Win $200

DraftKings is offering new users $200 in free bets when they sign up. To be eligible for this bonus, you must make the first deposit of at least $5 and place a $5 minimum wager on any MLB Moneyline. There is no need for a coupon code; simply click the link below to earn your bonus!

Sportsbook:DraftKings
Promo offer:Bet $5 Win $200
Selected events: MLB
Promo CodeNo Code Required – Click here to sign up
Available in New YorkYes

DraftKings - Bet and Get

Bet and Get promo allows bettors to place a wager on a specific betting market and receive bet credits exclusively for doing so. One offer, for example, would entail betting at least $25 on an MLB game and collecting $5 for each home run your team hits.

Sportsbook:DraftKings
Promo offer:Bet and Get
Selected events: MLB
Promo CodeNo Code Required – Click here to sign up
Available in New YorkYes

DraftKings Sportsbook - Double Your Money

DraftKings Sportsbook runs the "Double Your Money" promotion on a regular basis throughout the year. It's a hugely popular promotion for new users, who can double their money if either side of your CBB teams scores 1 (or more) points.

If a point is scored, those who opt into the "Double Your Money" offer can wager up to $50 and receive a $100 payoff. That's a wonderful deal, especially for new users who want to put a bet with a high chance of winning while also earning money to spend on other games.

Sportsbook:DraftKings
Promo offer:Double Your Money 
Selected events: CBB
Promo CodeNo Code Required – Click here to sign up
Available in New YorkYes

FanDuel Sportsbook - $1000 Risk-Free Bet

FanDuel Risk Free Bet Bonus

FanDuel always has its way to attract new patrons, one of which is by providing a $1000 Risk-Free Bet offer for new customers.

Make your first deposit and place a bet up to $1,000. If you don't win your bet, FanDuel will refund up to $1,000 in site credit.

Sportsbook:FanDuel Sportsbook
Promo offer:$1000 Risk-Free Bet
Selected events: All sports
Promo CodeNo Code Required – Click here to sign up
Available in New YorkYes

BetMGM Sportsbook - Bet $10 Win $200

BetMGM NBA Promo - Bet $10 Win $200 if either teams hits a 3-pointer

Prospective bettors may use the newest BetMGM promo code to obtain the NBA Bet $10, Win $200 if a single three-pointer is made, or the same promo for any Sweet 16 game in the NCAA Tournament.

The final score has no bearing on the outcome of your offer. Given the frequency of triples made in the current era of basketball, most people expect this to happen in the first quarter or half.
 

Sportsbook:BetMGM
Promo offer:Bet $10 Win $200
Selected events: NBA, NCAA
Promo CodeSQORE200
Available in New YorkYes

BetMGM Sportsbook - $1000 Risk-Free Bet

You can put a $1000 risk-free initial bet with BetMGM, which means that if you lose, you will be credited with up to $1000 in free bets.

Sportsbook:BetMGM
Promo offer:$1000 Risk-Free Bet
Selected events: All
Promo CodeSQORE1000
Available in New YorkYes

PointsBet - $2000 Risk-Free Bet

PointsBet it Pays to be fast 2 Risk Free Bets Up to $2000

To entice new bettors, PointsBet provide excellent promos and prizes, like as a $2,000 risk-free bet. All you have to do is open a PointsBet account and enter the code provided below. If you win your first bet, you will receive a standard payout; however, if you lose, you will receive free bets equal to the amount of your wager.
 

Sportsbook:PointsBet 
Promo offer:$2000 Risk-Free Bet
Selected events: All Sports
Promo CodeSQORE2000
Available in New YorkYes

How to bet on Sports Promos in New York

Betting on sports in the state of New York takes just the following four steps. Here is how you can place a bet.

To bet on sports in the state of New York you need to follow these steps:

1 Age 21 and up & located in the state of New York

You must be 21 years or older to wager in New York, and you must have a valid Social Security number and be physically present in the state.

2 Select Promo

Once you settle on your desired promotion, click the link in our description and follow the directions for the promo.

3 Register & Deposit

Complete any required registration process and make your initial deposit into your new account.

4 Opt-in to Promo

Make sure you follow all requirements of the promotion to opt into the deal whether it be minimum bet, maximum bet, minimum deposit or the type of bet you must make to qualify.

Popular Sports and Teams to Bet on in New York

When people think about New York sports, the focus is often on the teams located near New York City, and they are without a doubt the most popular teams to bet on in the state. 

You have two teams in each of the four major sports in the New York City region, and that doesn't include the New Jersey Devils, who also have a small following in the state. Everyone has a side in the rivalry that inherently arises from two teams being located so close to each other.

The most long standing rivalries are the ones between the New York Jets and New York Giants in the NFL and the New York Yankees and New York Mets in MLB. The Jets and Giants don't technically play in the state anymore, but they are still immensely popular despite both teams being in the bottom NFL’s rank over the past few years. 

Perhaps fans are making money betting against their favorite teams, but they are betting on those games. The same could be said for the Mets and Yankees, though Yankees fans assume their team will be in the hunt for the World Series every year. 

Meanwhile, Mets fans are slowly starting to believe in the team their franchise is building, but maybe not enough to rush out to the sportsbooks to make a wager.

In the NHL, the New York Islanders have been to the conference finals in consecutive years, and are a well-respected team with a brand-new arena. They are also having a poor season thus far unlike their Manhattan rivals, the New York Rangers, who have a young, exciting team that is currently contending for a playoff spot. 

It's the same sort of divide in the NBA with the superstar-loaded Brooklyn Nets probably dominating the betting, but the New York Knicks dominating the city fan base. Knicks fans are also hesitant about their own team, but the Knicks are also seemingly moving in the right direction as a franchise.

Of course, we cannot forget about the teams in Western New York that provide so much for the passionate fans in Buffalo. Few NFL teams are beloved as much as the Buffalo Bills, who were 1st in AFC East in the last Super Bowls.

FAQ

Who can bet in NY?

You can bet in New York if you are at least 21 years old, hold a valid Social Security number, and are physically in the state.

Can I bet in New York as a non-NY citizen?

After a few years of New York residents hopping state lines to bet in New Jersey, the Jersey residents can bet when they go into New York City for a night on the town. There is no residency requirement to bet in New York, so even the tourists can get in on the fun, too.

Is Sports Betting Legal in New York?

After years of waiting, sports betting is finally legal in New York as of February 2022. The original law was passed in April 2021, but it took almost a year of planning and building before the state was ready to go live. In-person betting had been approved since 2019.

Which is the Best Promo Code in New York?

If you're on this page and missed all the wonderful promotions, simply scroll up to find the best promo codes in the state.

Josh
Josh Walfish
Josh Walfish is an award-winning journalist who has covered college sports for the past decade. He most-recently was chronicling the UMass Minutemen and now works as a freelancer writer and editor based out of Chicago.