Are you a betting newbie to the wonderful world of sports betting? Or maybe you’re just after some handy information to help you with where to look for the best betting bonuses in New York? If so, you’re in the right place.

Betting bonuses explained

A sportsbook bonus is an incentive offered by online sportsbooks in NY to attract new players and encourage them to deposit their funds into an account before making their first bet. The value of the bonus can vary depending on the size of the initial deposit made by the player and the type of sportsbook being used.

There are many types of bonuses, including sign-up bonuses, reload bonuses, welcome packages, refer-a-friend offers, no deposit bonuses, and free bets.

Sportsbooks with the best bonuses in New York

Below are popular betting sites where you can find the best betting bonuses in New York:

  • DraftKings NY – You can play daily fantasy sports on DraftKings from anywhere in New York. You can enter contests with cash prizes and win money on daily games for a small deposit. DraftKings also offers a variety of sports for wagering, including football, basketball, baseball, and soccer. A DraftKings bonus will be available when you open an account with the site.
  • PointsBet NY – PointsBet is a sportsbook and online gambling site NY that offers top-notch betting bonuses. Despite being relatively new on the market, PointsBet has already established itself as one of the most popular names in gambling. The company was founded by industry veterans and has attracted some of the biggest names in sports betting and casino games.
  • Caesar’s NY – Caesars New York is a great place to visit if you’re looking for big bonus promotions. This is the most popular of the Caesars properties in Las Vegas, so it’s worth a visit. Caesars offers a wide range of betting options, with horse racing being among the most popular.
  • FanDuel NY – FanDuel New York is the most online betting app in New York and with good reason. It is a great place to bet on all sports and has some of the most competitive odds. FanDuel has been in business since 2009 and is now one of the biggest names in online sports betting. FanDuel New York offers a wide range of betting options. You can bet on football, basketball, baseball, hockey, golf, and even eSports. The site also offers juicy welcome offers including risk-free bets and no deposit bonuses.
  • WynnBet NY – The Wynn Resort in Las Vegas is one of the best-known casinos in the world. The company also has an online sportsbook in New York called WynnBet. The site offers an excellent selection of games and features, including great betting bonuses for anyone who signs up for the first time.

How to claim a betting bonus in New York

Below is a guide to claiming a betting bonus at a New York sportsbook:

  1. Check out the NY betting bonuses on this page – The first place you should look for a betting bonus in New York is right on this page. In addition to touting their most popular promotions, you’ll often find exclusive betting promo codes you can use to redeem special offers.
  2. Sign up for the NY betting site – Once you’ve found a bonus you want to claim, head over to the sign-up page for that particular sportsbook, enter your information, and use the promo code if prompted during the registration process
  3. Follow instructions – After creating your account, you will have to follow instructions and ensure the bonus gets added to your account.
  4. Use the betting bonus – Once this is done, you can use your betting bonus to place bets on the sports of your choice.

Below are different types of betting bonuses available in New York:

  • Cashback bonus – A cashback bonus is a betting bonus offering to refund some or all of your losses. The amount of cashback you receive is usually determined by the amount you deposit and the odds you pick. Many online sportsbooks offer cashback bonuses to entice new customers and increase their loyalty. Cashback bonuses are most commonly found in free bets, but some sites offer straight cash returns instead.
  • Risk-free bet bonus – A risk-free bet bonus is probably the most common type of bonus on offer at most bookmakers. The risk-free bet is a betting reward that allows you to claim your stake back if you lose, up to a specific amount. For example, if you deposit $100 and place a bet on a sports market and then lose the bet, you can claim back your money up to $100. This means if you win the bet, it will increase your balance by $100, and you will keep any profit made on top of this amount.
  • Matched deposit bonus – A matched deposit bonus is a bonus that requires you to deposit a certain amount of money in your account before the sportsbooks match that amount. As an example, a deposit match bonus of up to 100$ means that if you deposit 50$, you will receive an additional 50$ in betting credits to use.
  • Free bet bonus– A free bet bonus is a type of betting bonus that allows you to place a wager without making a deposit. Bookmakers offer this kind of bonus as an incentive to get new customers, who can then use the free bets they receive to place real money bets.

Pros and cons of betting bonuses in NY

Below are the benefits and drawbacks that come with betting bonuses in New York:


  • Build a bankroll – Building a bankroll is probably the most obvious advantage of sports betting bonuses. Additionally, they allow new players to use their funds to bet on their favorite teams or events without worrying about losing their own money should they lose those bets.
  • Try out something new – By accepting sports betting bonus, you can try out new types of wagers without risking your own money until you’re ready to do so. This can help build confidence in your ability and improve your odds of winning in the long run.
  • Exciting – The thrill of knowing that you have some extra cash waiting for you in your account can make the experience much more exciting and enjoyable for both novice and experienced players alike.


  • Wagering requirements – The biggest con of a betting bonus is the wagering requirements. In addition, these are the times you have to bet your deposit before you can withdraw winnings.
  • Expiry date – One of the worst cons of bonuses is that they expire after a certain period. The expiration date is usually around 30 days after receiving it, but it can be as long as 90 days or even more, depending on which bookmaker you’re using.

Bonus wagering requirements explained

Wagering requirements are the minimum amount of money you must bet to be able to withdraw your bonus money. Moreover, wagering requirements are one of the most important things to look out for when signing up for a betting bonus. They can vary from as little as 10x the bonus amount to 50x, or even more, in some cases. If you were to deposit $100 and receive a $50 bonus, the wagering requirement could be 10x of your original deposit amount. This means that you would need to place bets totaling at least $1,000 before being able to cash out your winnings and get your money back.


Do I need to deposit to get a betting bonus in NY?

No, you don’t always need to deposit to get a betting bonus in NY. With a no deposit bonus, you can get free credits to play for without having to make any deposit. However, if you want to withdraw your winnings, you must complete the deposit requirement.

Are betting bonuses in NY optional?

Yes, betting bonuses in NY are optional. You can choose whether you want to take advantage of these offers or not. However, wagering requirements aren't optional, so you will always have to meet those before withdrawing any winnings that came from bonus money.1,323,248

Do I need a promo code to claim betting bonuses in New York?

You don’t always need a promo code to receive betting bonuses in NY, sometimes they are given to all players signing up for the first time, whether they have a bonus code or not.