NY Sportsbook bonuses in May 2024

#1 Sportsbook
1

9.5/10

FanDuel bonus

Bonus up to :  $150

Bet $5, Get $150 on a winning bet

No code required
SEE THE OFFER
2

Bonus up to :  $200

Bet $5, Get $200

No code required
SEE THE OFFER

Bonus up to :  $1000

$1,000 in risk-free bets!

No code required
SEE THE OFFER
4

8.5/10

BetMGM bonus

Bonus up to :  $1500

Get $150 in bonus bets with the code: STYVIP!

SEE THE OFFER
5

Bonus up to :  $250

Second chance bet of up to $500

No code required
SEE THE OFFER

The world of sports betting in New York is an exciting one, especially when it comes to welcome bonuses.

All of the top sportsbooks in the US are available in New York, each offering unique welcome bonuses. These bonuses are essential for anyone looking to get a head start on building a healthy bankroll.

In this article, we'll explore the best sportsbook welcome bonuses available in New York as of May 2024, providing you with all the information you need to make the most of these offers. If you would like to check out the top US sportsbook bonuses, we have you covered! 

What are the best sportsbook bonuses in New York in May 2024?

Want to take advantage of generous welcome offers with the best New York Sportsbooks? Here are the best sportsbook welcome bonuses in NY right now.

FanDuel Welcome Bonus New York

FanDuel Sportsbook NY offers a competitive welcome bonus, no promo code required. Claiming the welcome bonus is as simple as downloading the FanDuel NY betting app, making a first deposit of a minimum amount, and placing a wager, also of a minimum amount. Be sure to refer to FanDuel’s terms and conditions for this offer!

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DraftKings Welcome Bonus New York

The other sportsbook giant, DraftKings NY offers a profitable welcome bonus available now, no promo code needed. This bonus is available to use on any sport available on their platform. As one of the most popular American sportsbooks, we recommend you sign up without hesitation.

Caesars Welcome Bonus New York

Caesars Sportsbook NY provides a lucrative bonus available only to new customers. To claim this bonus, no code is required during registration. Be sure to check the terms and conditions of the bonus to be sure that you will be able to take full advantage of the bonus cash!

BetMGM Sportsbook Welcome Bonus New York

BetMGM Sportsbook offers an attractive welcome bonus for new users in New York with the promo code STYVIP. Their promo is designed to entice sports bettors into using their well-designed app and easy-to-navigate website. The offer is an excellent way for newcomers to familiarize themselves with all of BetMGM's offerings which features an extensive list of sports betting options. 

BetRivers Welcome Bonus New York

With a notable retail partner, BetRivers is a strong sportsbook option. They offer New Yorkers a substantial welcome offer available now. No code is required. We always recommend referring to the sportsbook’s terms and conditions of this welcome bonus to be sure you’re able to claim the full amount!

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How did we rank the best sportsbook bonuses in New York?

Sportsbook Bonus up to Type of bonus Bonus note Visit!
$150 Deposit bonus
9.5/ 10
$200 Bonus on first bet
9.0/ 10
$1000 Refunded Bet
8.5/ 10
$1500 Refunded Bet
8.5/ 10
$250 Free bet
8.0/ 10

New customers only | Commercial content | 21+ age limit | T&Cs apply

In ranking the best sportsbook bonuses in New York, our focus was on several key factors. We evaluated the amount of the bonus, ensuring it offers significant value to bettors.

The ease of obtaining the bonus and the conditions for withdrawing it were also key considerations. Additionally, we rated the overall quality of each sportsbook, including its reputation, user experience, and the range of betting options available.

Our goal is to ensure that our rankings provide a reliable guide to the most beneficial and user-friendly sportsbook bonuses in New York. If you'd like to find out more about apps, please visit our best New York sports betting apps page.

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Types of Welcome Bonuses in New York

New York's sports betting landscape is vibrant and competitive, with online sportsbooks offering a variety of enticing welcome bonuses to new users.

These bonuses are designed to attract and engage bettors, providing an initial boost to their betting experience. From risk-free bets and deposit matches to free bets and odds boost offers, each type of bonus caters to different preferences and strategies of bettors.

Understanding the nuances of these bonuses can significantly enhance your sports betting journey in the Empire State. Whether you're a seasoned bettor or new to the scene, these welcome offers are a great way to get started with New York's sportsbooks.

New York No Deposit Bets

No-deposit bets are bonuses where bettors receive a reward without needing to make an initial deposit. These are particularly attractive for new users as they offer a risk-free way to start betting.

However, as of now, there are no no-deposit bet offers available in New York. Bettors in the state should keep an eye out for future promotions as sportsbooks update and change their bonus offerings regularly.

New York Deposit Bonuses

Deposit bonuses in New York sportsbooks match a certain percentage of your initial deposit, providing extra funds to bet with. For instance, a common offer is a 100% deposit bonus: if you deposit $50, you receive an additional $50 in bonus funds.

Some sportsbooks may offer even higher percentages, or have special promotions where the bonus percentage increases with a larger initial deposit. It's important to read the terms and conditions, as these bonuses often have playthrough requirements – meaning you need to wager a certain amount before withdrawing the bonus funds.

Bet Insurance Bonuses in New York

Bet insurance bonuses offer a safety net for your initial bets. If your first bet is a loss, the sportsbook will refund you either the full amount or a significant portion of it as a bonus.

This type of bonus is great for reducing the risk of your first bet. Some sportsbooks might offer this insurance on specific types of bets, like parlays, or on bets placed on certain sports.

As always, it's important to understand the specific terms, like maximum refund amounts and whether the refund is given as cash or as a site credit.

Odds Boosts in New York

Odds boosts in New York enhance the potential payout of a bet by increasing the odds. Sportsbooks like DraftKings and FanDuel regularly offer these boosts on various markets.

For example, an odds boost might increase the odds of a particular team winning from +200 to +300, significantly increasing the potential payout for the same risk. These offers are often available for a limited time and may be focused on high-profile games or events.

Bettors can strategically use these boosts to maximize returns on bets they feel confident about. It's also a great way to add excitement to betting, especially during major sports events.

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Why Sportsbook Bonuses Are Worth It in New York?

Sportsbook bonuses in New York are definitely worth considering. They provide a great way for bettors to start their sports betting journey with added confidence.

Popular bonuses like risk-free bets allow new users to make their first bet with less pressure, knowing they have a safety net. This can be especially valuable in a market as diverse and dynamic as New York’s, where a wide array of betting opportunities are available.

How to Claim Your New York Welcome Bonus?

If you haven’t already started collecting your bonuses with all of the major sportsbooks in New York, you’re missing out on free money! Don’t hesitate to claim these bonuses today and get started with a little extra gas in your betting tank: 

  1. Register at the sportsbook's website
  2. Enter the promotional code (if available)
  3. Make the first deposit
  4. Use your bonus credits

Steps to request the bonus in New York

Follow these simple steps to create an account and claim your bonus. These steps are the same for all of the top sportsbooks available in New York. 

1. Register at the sportsbook's website

To start betting, create an account by entering your personal information such as name, address, email, and date of birth. This process is a standard requirement across the United States to ensure legal compliance and responsible gambling. It's important to provide accurate information, as it will be verified during the account approval process. Some sportsbooks might also ask for additional information like your home address or the last 4 digits of your social security number.

2. Enter the promo code

If the sportsbook you're signing up with offers a promo code, enter it during the registration process. Ensure that you understand the terms and conditions associated with the promo code, as they dictate how and when you can use the bonus. After entering the promo code, look out for a confirmation email that acknowledges your eligibility for the bonus. This step also includes location verification to ensure that you are betting within a state where the sportsbook legally operates.

3. Make the first deposit

Choose a payment method and make your initial deposit. The minimum deposit amount varies among sportsbooks but is usually around $10. Keep in mind that there might be a maximum limit on the bonus amount you can receive. For example, a 100% deposit bonus might be capped at $500, meaning any deposit above $500 will still receive only $500 in bonus funds. It’s also wise to check if certain payment methods are excluded from the bonus offer.

4. Use your bonus credits

Once you receive your bonus credits, they will be available in your account balance. Familiarize yourself with any rollover or wagering requirements – these are conditions that dictate how many times you need to bet the bonus amount before you can withdraw it as cash. For example, a 5x rollover on a $50 bonus means you need to place $250 worth of bets. Also, be aware of the time frame within which you must use these bonus credits, as they often have an expiration date.

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New York Welcome Bonus Requirements

Here are the main NY sportsbooks welcome bonus requirements.

Wager Requirements

Wager requirements are conditions attached to a bonus that must be met before the bonus funds can be deposited into your account. Today, we see wager requirements on almost every sportsbook welcome bonus. These almost always require a minimum bet amount to qualify for your bonus cash. Several books keep requirements at or around $10, be sure to refer to the terms and conditions of the offer to be sure that you’re meeting the minimum bet requirement.

Minimum Deposit

The minimum deposit is the least amount you must fund your account with to qualify for a bonus. This is a widespread requirement, typically around $5. This ensures that players are serious about betting and not just there for the bonus. As always, read the specific terms for each offer.

Minimum Odds

Some bonuses require betting at certain minimum odds, a less common but still prevalent condition. For example, a bet might need to be placed at odds of +100 to receive the bonus. This means your bet must have even or higher odds to count toward the bonus requirements.

Expiration Times

Most bonuses have an expiry date, often ranging from a week to 30 days from the date of issue. It is extremely important to pay attention to this expiration date, we have received multiple accounts of users meeting all of the bonus requirements but not realizing that they only had seven days to use the bonus, for example.

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Which Sports Are Available for Bonuses in New York?

In New York, sportsbooks offer a wide range of sports where you can apply your welcome bonuses. This flexibility allows you to choose from popular leagues such as MLB, NFL, NBA, and NHL, catering to fans of baseball, football, basketball, and hockey respectively.

Additionally, these bonuses are not just limited to major leagues; they also extend to a variety of other sports like soccer, tennis, golf, and even less mainstream sports like darts or table tennis.

This variety ensures that regardless of your sports preference, there's an opportunity for you to use your bonus in a way that aligns with your interests and expertise.

Is There a Welcome Bonus Promo Code in New York?

Absolutely! In New York, you'll find that sportsbooks often roll out welcome bonus promo codes, and let me tell you, they're pretty much a game-changer for your bankroll.

These codes are like your golden ticket to some seriously sweet deals that ramp up the value of the welcome bonuses offered. Now, here's a pro tip: keep your eyes peeled for the latest and greatest promotions.

Sportsbooks are always updating their promo codes and tossing out new bonuses for different events or seasons. You might want to make a habit of checking our New York Sportsbooks promo codes page for all of the latest info. Trust me, it's worth it to catch these awesome deals!

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