Best New York Sports Betting Promos & Bonus Codes for 2024 – Claim Over $20,500

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With 20.2 million residents and a $2 trillion GDP, New York offers one of America’s most prominent sports betting markets. Not surprisingly, New York sports betting promos are some of the top deals in online betting.

You’ll find the best New York sportsbook promos on this page and info on bonus types, T&Cs, banking methods, and more. We’ll focus on the best offshore sportsbooks, which generally offer more significant benefits than their US-regulated counterparts.

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50% Welcome Bonus up to $1,000

50% Welcome Bonus up to $1,000

  • BetOnline odds boosts available every day
  • Live betting available on all major sports
  • Excellent sportsbook 101 tutorial section
9.9
5 Stars BetOnline
Play Now

Welcome Bonus worth up to $1,725

Welcome Bonus worth up to $1,725

  • Fast online payouts with zero fees
  • Live streaming available for in-play betting
  • 24/7 live chat customer support
9.8
5 Stars BetWhale
Play Now

75% Welcome Bonus up to $750

75% Welcome Bonus up to $750

  • 25+ sports markets including niche options like chess
  • Redeem points for cash through loyalty program
  • Deposit using cards or 6 cryptocurrency options
9.8
5 Stars Bovada
Play Now

100% Welcome Bonus up to $500

100% Welcome Bonus up to $500

  • Free bet offers and special promos every week
  • Exclusive halftime betting options for most events
  • Niche betting markets including politics and stocks
9.7
5 Stars Everygame
Play Now

200% Welcome Bonus up to 10 ETH

200% Welcome Bonus up to 10 ETH

  • Generous 10 ETH bonus and high roller NFTs
  • Trusted by Web3 influencers and powered by $TGC token
  • World’s first licensed telegram sportsbook – fully anonymous
9.7
5 Stars TG.Casino Sports
Play Now

100% Sports + 25% Casino Combo Bonus

100% Sports + 25% Casino Combo Bonus

  • High-value reload bonuses for crypto users
  • BetUS TV offers experts tips and picks
  • Same day withdrawal service for fast payouts
9.7
5 Stars BetUS
Play Now

50% up to $1,000 + $10 Casino Chip

50% up to $1,000 + $10 Casino Chip

  • Reload bonuses available for all deposits
  • News section with expert views and predictions
  • Early cashout option available on most wagers
9.7
4.5 Stars MyBookie
Play Now

200% Welcome Bonus Package

200% Welcome Bonus Package

  • Exclusive high-value bonuses for crypto users
  • Weekly rebate on losses for all sports wagers
  • Extensive range of ongoing promotions
9.6
4.5 Stars BetNow
Play Now

125% Welcome Bonus + 3 Contest Entries

125% Welcome Bonus + 3 Contest Entries

  • Live streaming available for all major events
  • Regular weekly contests with big prizes
  • 100+ betting markets for most events
9.5
4 Stars Jazz Sports
Play Now

100% Welcome Bonus up to $2,500

100% Welcome Bonus up to $2,500

  • Early cash out option available on most wagers
  • Live betting and streaming for major events
  • 24-hour withdrawals for fast payouts
9.4
4.5 Stars BUSR
Play Now

50% Bonus up to $500 + $10 Casino Chip

50% Bonus up to $500 + $10 Casino Chip

  • Reload bonuses offered for every deposit
  • Niche markets for entertainment and politics
  • Crypto support for Bitcoin, Litecoin, and more
9.3
4 Stars Xbet Casino
Play Now

The Latest NY Sportsbook Promos May 2024 & Promo Codes

The following New York sportsbook offers are welcome bonuses available to new depositors. You can compare these NY sportsbook promotions in size and what they offer. These are all available at reputable offshore sportsbooks regulated by international governing bodies and entirely safe and legit to play on in New York.

Sportsbook Welcome Bonus Promo Code Our Rating
BetOnline 50% up to $1,000 BET1000 9.9/10
BetUS 100% up to $2,500 JOIN125 9.8/10
MyBookie 50% up to $1,000 MYB50 9.7/10
Jazz Sports 75% up to $2,500 JAZZ100 9.6/10
Lucky Block 200% up to $10,000 N/A – Claim Now 9.5/10
SportsBetting.ag 100% up to $500 DOUBLEUP 9.4/10
XBet 50% up to $500 XBET50 9.4/10
BUSR 100% up to $2,500 SPORTS100FP 9.3/10
Mega Dice 200% up to 1 BTC N/A – Claim Now 9.2/10
TG.Casino 200% up to 10 ETH (Casino only) N/A – Claim Now 9.2/10

Top 10 Betting Sites for NY Sportsbook Promos

Many great New York sportsbook promos are available, but where can you find the best deals? The following online sportsbooks are our favorites for New York sports betting market promos. These safe and reputable offshore sites stand out due to their bonuses’ frequency, size, and fair T&Cs.

  1. BetOnline – Superb odds and a maximum $1,000 welcome bonus are offered by the best sportsbook overall.
  2. BetUS – Enjoy fantastic odds, massive betting limits on various markets, and a $2,500 sign-up bonus.
  3. MyBookie – Get a $1,000 sign-up bonus and wager on novelty markets that other sportsbooks don’t provide.
  4. Jazz Sports – Huge bonus play rewards are available for betting on US sports, as is a $2,500 welcome bonus.
  5. Lucky Block – Easy cryptocurrency deposits and withdrawals, private banking, and bonuses of up to $10,000.
  6. SportsBetting.ag – Bonus play promotions and reduced-juice odds are available, with a max bonus of $500.
  7. XBet – A $500 welcome bonus is available to new sports bettors with a minimal rollover requirement.
  8. BUSR – Bonus funds of up to $2,500 are yours when you sign up. You can also bet on over 30 markets.
  9. Mega Dice – A large Bitcoin welcome bonus is available to crypto enthusiasts.
  10. TG.Casino – The sportsbook’s in-game betting and Ethereum (ETH) promos are second to none.

Reviews of the Best NY Sportsbook Promos

Having provided a high-level overview of the best betting incentives in New York, it is time to dive into a more in-depth analysis. We will review each of the top sportsbooks and emphasize the special offers available at reputable offshore New York sportsbooks. Outside of bonus-related factors, we will also highlight each operator’s other unique benefits.

1. BetOnline – 50% Match Promo $1,000 Max / Best Odds Across Markets

BetOnline - Best Sportsbook Bonuses NY

Our BetOnline Sportsbook Bonuses Verdict: 9.9/10

BetOnline is a trusted name in the online gaming industry, having been around for over 25 years. The BetOnline Sportsbook app and website are simple and tidy, providing an extensive yet easily navigable list of sports and leagues. In addition, adding betting options is a breeze with the well-conceived bet slip.

You’ll see a list of over 30 sports on the website’s left side. Some are more niche, like politics or entertainment (including darts as an option), while others are more mainstream, like football, basketball, baseball, or hockey. For particularly prominent NFL and NBA games, we discovered hundreds of betting possibilities, covering various bet types.

With a maximum of $1,000, BetOnline’s New York welcome bonus is one of the largest. This adds to BetOnline’s extensive promotional offering, including ongoing benefits like parlay promotions and odds boosters. Because of its bonus offers and overall viability, BetOnline is our top recommendation for New York gamblers looking to bet on sports.

How To Claim the BetOnline New York Welcome Bonus

Below, we’ll go into further depth regarding the BetOnline New York sportsbook bonus.

  1. You can start the BetOnline sign-up procedure by clicking on any links here.
  2. Input your login details (username, password, and email address) with the coupon code BET1000.
  3. Fill out details like your name, address, phone number, date of birth, and SSN’s last four digits.
  4. Deposit as much as $2,000. BetOnline will match the deposit by 50%.
  5. The use of bonus bet funds is limited to BetOnline only.

BetOnline New York Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Sports Welcome Bonus 50% up to $1,000 BET1000 10x $55
1st Time Crypto Bonus 100% up to $1,000 CRYPTO100 14x $20

Pros: pros

  • Substantial welcome bonus
  • Competitive lines and betting odds
  • Streaming and live betting options
  • Great coverage of all major US sports
  • Reputable and experienced offshore brand

Cons: cons

  • Lacks a loyalty rewards program
  • 50% rather than 100% deposit match

2. BetUS – 100% Deposit Match $2,500 Max / High Betting Limits

BetUS Sports - Best NY Sports Betting Bonuses

Our BetUS Sportsbook Sports Betting Bonuses Verdict – 9.8/10

BetUS is among the most outstanding online sportsbooks accessible to New York players, ranking second only to BetOnline. Since the operator has a good track record spanning almost thirty years, reliability is guaranteed, and there’s much more to like.

Compared to the previous, more complicated configuration, which many players may remember, the redesigned web design is more straightforward. If you are familiar with the site in its earlier incarnation, it may take a little getting used to the new layout, but once you do, there’s no denying it is better.

BetUS Sportsbook has great bonuses, especially for users of cryptocurrencies. The welcome bonus is 200%, with 50% going to the casino and 150% to the sportsbook. BetUS also offers players generous reload bonuses and a unique six-tiered loyalty system.

How To Claim the BetUS Sportsbook New York Welcome Bonus

Here are the instructions for new users to grab the BetUS Sportsbook NY promo.

  1. To go to the BetUS Sportsbook introduction page, click any of our links.
  2. Enter your login information and email address.
  3. Your name, phone number, address, date of birth, and the last four digits of your SSN must be entered.
  4. Make a deposit. Using the promotional code JOIN125, you will receive a 125% deposit match.
  5. The playthrough criteria must be met before withdrawing.

BetUS Sportsbook New York Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
125% Sign-Up Bonus 100% Sports Bonus up to $2,500 + 25% Casino Bonus up to $625 JOIN125 10x Sports, 30x Casino $100
200% Crypto Sign-Up Bonus 150% Sports Bonus up to $3,750 + 50% Casino Bonus up to $1,250 JOIN200 15x Sports, 30x Casino $100
20% Cash Bonus 20% up to $500 20CASH 6x $100

Pros: pros

  • Massive rewards for ongoing bettors
  • BetUS TV offers professional forecasts
  • Monthly gambling competitions
  • Withdrawals are authorized promptly
  • Strong stats research center

Cons: cons

  • Not the easiest sportsbook to use
  • Must make a big deposit for max bonus

3. MyBookie – 50% Match up to $1,000  / Novelty Betting Markets

MyBookie Bonus NY

Our MyBookie Sports Betting Bonuses Verdict: 9.7/10

With almost a decade of experience in the industry, MyBookie is among the best sports betting sites for casual newcomers. However, experienced gamblers with an edge should know the bookmaker’s history of limiting professional bettors. Nonetheless, most players shouldn’t worry too much about this, as it won’t affect them.

With almost thirty sports and many unusual events to wager on, such as politics and wrestling, the variety of sports (and non-sports) is enormous. One of the rewards you can also anticipate as a customer is weekly reload bonuses. There’s also a terrific 1x playthrough on a sports cash bonus.

Everything starts with a welcome incentive for brand-new customers. Use the promo code MYB50 to get going and explore all of MyBookie’s offerings, including a 50% deposit bonus of up to $1,000.

How To Claim the MyBookie New York Welcome Bonus

Let’s now discuss how to claim the MyBookie NY signup bonus.

  1. To access the MyBookie homepage, click on any of the links provided here.
  2. Once you’ve chosen your state, enter your email address, username, and password.
  3. Enter your name, address, date of birth, and the last four digits of your Social Security number to proceed.
  4. Make the required deposit using the promo code MYB50.
  5. You must use your whole welcome bonus before cashing out bonus funds.

MyBookie New York Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Sports Welcome Bonus 50% up to $1,000 MYB50 10x $50
Cash Bonus 10% up to $200 200CASH 1x $45

Pros: pros

  • Numerous innovative gaming markets
  • Low bonus rollover criteria
  • Better-than-average betting odds
  • Weekly promotional incentives
  • Perfect for occasional gamblers

Cons: cons

  • Professional gamblers may be restricted
  • A greater deposit match would be nice

4. Jazz Sports – 75% Deposit Bonus up to $2,500 Max / Large Promo Prize Opportunities

Jazz Online Sportsbook - Best NY Sportsbook Bonuses

Our Jazz Sports Betting Bonuses Verdict – 9.6/10

Jazz Sports is a trustworthy betting operator focusing on the country’s most prominent sports while having a reasonable niche selection. It may not provide as many sports and leagues as some of the best NY sports betting sites, but it still offers excellent coverage of famous leagues like the NFL, NBA, MLB, and NHL, among other options.

More than 350 markets are available for some of the most popular sports and games. We’ve also highlighted a vast variety of esports betting opportunities.

This engaging and stylish sportsbook includes fantasy and betting competitions for added variation. The starting package for new bettors consists of a contest launch kit that permits you free admission into prestigious competitions, and they span an assortment of sports.

This is in addition to the 100% bonus, which comprises a 75% sportsbook deal and a 25% casino incentive on the initial deposit. Players in New York who use cryptocurrencies can take advantage of an enhanced welcome promo, and frequent users can receive bonus bets for live betting and the robust prop builder.

How To Claim the Jazz Sports New York Welcome Bonus

The steps to obtain the Jazz Sports NY betting credit offer are outlined below.

  1. Any links here will take you to the Jazz Sports website.
  2. After choosing your state, enter your login details.
  3. Include your name, address, date of birth, and Social Security number’s last four digits.
  4. When you apply the promo code JAZZ100, Jazz will match your deposit 100% up to the maximum.
  5. The wager credit is limited to use at Jazz Sports and must be wagered 12x before it can be withdrawn.

Jazz Sports New York Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Welcome Bonus 75% Sports Bonus up to $2,500 + 25% Casino Bonus up to $1,000 + 3 Contests Entries JAZZ100 12x Sports, 40x Casino $50
Crypto Welcome Bonus 100% Sports Bonus up to $1,000 + 25% Casino Bonus up to $2,500 JAZZ125 12x Sports, 40x Casino $50

Pros: pros

  • P2P banking, cards, and cryptocurrencies
  • Expert knowledge hub for sports betting
  • Many markets for important events
  • Free tournaments with big prizes
  • Strong prop-building feature

Cons: cons

  • There isn’t much coverage of niche sports
  • A revamp would be beneficial for the website

5. Lucky Block – 200% Match Deposit Bonus up to $10,000 / Safe and Private Banking

Lucky Block Online Sportsbook - Best NY Online Sports Betting Bonuses

Our Lucky Block Sports Betting Bonuses Verdict – 9.5/10

Founded only in 2022, Lucky Block is one of the more recent sportsbooks available to NY bettors. However, it provides a premium sportsbook offering over 35 sports, competitive odds, and more advantages.

The upstart bookmaker features various choices for popular esports games, foreign sports, and numerous markets for the most significant US leagues.

Lucky Block only takes cryptocurrency payments; debit or credit card payments are not accepted. Users can easily purchase Bitcoin using USD through the banking section and add it to their betting accounts.

The first deposit welcome bonus is worth 200% and is released in 10% increments. Each sports wager counts for 50% toward the 6x minimum wagering requirements. Lucky Block might be the best option for NY betting if you prefer cryptocurrency betting.

How To Claim the Lucky Block New York Welcome Bonus

We’ll review how to benefit from the Lucky Block NY bonus offer below.

  1. To access the Lucky Block homepage, click any link on this page.
  2. For your login, create a password and email address.
  3. Give your name, address, phone number, birth date, and last four SSN digits.
  4. Lucky Block will match any deposit you make up to a maximum of $10,000.
  5. The bet credits can only be used on the Lucky Block platform, and there is a 12x rollover.

Lucky Block New York Sports Bonuses:

Bonus name Bonus amount Promo Code Wagering Requirements Minimum Deposit
Welcome Offer 200% up to $10,000 N/A 12x Sports $20

Pros: pros

  • Strong esports betting
  • 200% welcome bonus
  • Bet on live sports
  • Reload bonuses every day
  • Quick crypto withdrawals

Cons: cons

  • Bonus funds are disbursed gradually
  • Traditional fiat users may not enjoy

Why Use NY Sportsbook Promo Codes?

Promo codes are associated with bonuses for online betting and are necessary to activate certain offers. It’s important to remember that not all bonuses come with promo codes; the ones that do and don’t are included in the table earlier in this post.

A promo code is a randomly arranged word, number, or both that indicates to the betting site the offer you wish to take advantage of. At Techopedia, we’ve secured proprietary bonus offers for our readers, so be sure to use our specific promo codes.

Since you can gain free betting cash when you sign up for a new account, we strongly recommend taking advantage of welcome incentives. Most of the promotions we’ve listed on this page are tied to NY sportsbook promo codes, so be sure to use the appropriate welcome offer to tell the site where you’re betting that this is the promotion you want to claim.

When Can You Use Promo Codes?

NY sportsbook promos can be for new sign-ups or current player deals. Sometimes, promo codes must be entered during the account creation process or upon making your initial deposit. No promo code is usually necessary for current player incentives, but you may need to opt in.

You can input the applicable code for the offers we promote in the sportsbook promo code field found on most betting websites during sign-up or deposit. Many of the codes are case-sensitive, so keep that in mind while copying and pasting them into your site of choice.

Can You Claim Multiple Sportsbook Bonuses/Promos?

Of course, you are welcome to register with any and all of the sportsbooks on this page and take advantage of their offers. However, any NY sportsbook bonus can only be redeemed once regarding welcome incentives. Still, there are times when a single sportsbook will allow you to collect multiple welcome bonuses at once.

One home or address may only be able to claim an offer once on some betting websites. For instance, if you earn a bonus, someone living with you cannot accept the same offer.

There are exceptions, such as residing in an apartment or sharing a home with roommates. It’s usually OK for both parties to claim if you can demonstrate no connections to other accounts in the same building.

There are differences in the number of times current gamers may utilize their bonuses. Some ongoing offers are such that you can claim bonuses multiple times, although there may be a one-time use limit on each reload bonus offer.

How to Claim Sportsbook Promos in New York

Fortunately, you don’t need to put much work into claiming New York sportsbook promotions. Using BetOnline NY as an example, the following steps show how easy it is to land betting bonuses.

Step 1 – Visit a Betting Site & Pick Your State

Through our links, you can visit NY betting sites and qualify for the best New York sportsbook promos. Once on the sportsbook, you must enter your state before continuing.

BetOnline NY Main Screen

Step 2 – Sign Up & Enter the Proper Code

You’ll need to register for an account before being able to deposit. You may also have to enter a bonus code to qualify during this process. Again, not all New York sportsbook offers require promo codes, but some do.

Sign up at BetOnline NY

Step 3 – Make a Deposit

Most New York sportsbook promos call for a $20 minimum deposit. Of course, you may qualify for additional bonus funds by depositing more. We suggest closely looking at the minimum and maximum deposits before funding your account.

BetOnline NY Deposit Section

Step 4 – Meet Any T&Cs, Like Rollover

The final step is to meet the terms and conditions of your bonus by placing bets. You may need to make a series of wagers or just one to satisfy the rollover requirement.

BetOnline NY Deposit Bonus

Types of Sports Bonuses Available

Several types of New York sports betting promotions are available. Below is a brief overview of each type and where to find them.

Bonus Type About Recommended Site
Deposit Match Bonuses Up to a certain percentage, the betting site matches your first deposit BetOnline
Game/Event-Specific Bonuses There are special deals available for certain games MyBookie
Parlay Insurance A portion of the wagered amount is reimbursed if one parlay leg is unsuccessful BetOnline
Odds Boosts Better-than-average odds are available on some bets Jazz Sports
Reload Bonuses Similar to a deposit match but for subsequent deposits (often smaller and requiring a higher playthrough) Lucky Block
Referral Bonuses Bonuses given for bringing in new players who deposit money and place bets MyBookie
Loyalty Rewards Rewards for regularly placing bets at the sportsbook BetUS

Deposit Match Bonuses

With a deposit match bonus, the sportsbook will match all or a portion of the player’s deposit, providing them with more money to wager with. A 100% deposit match offer up to $200, for instance, entitles the player to an additional $200 once they make a $200 deposit.

Game/Event Specific Bonuses

Special bonuses for a particular game or event are promotions exclusive to that specific betting instance. This may be a bonus when you bet on March Madness or a second-chance bet when you gamble on the Super Bowl.

Parlay Insurance

If one leg of a parlay wager fails, parlay insurance offers a payout or bonus. It serves as a kind of insurance against losing the entire wager. For instance, parlay insurance may reimburse a player’s stake or offer a bonus if they place a parlay wager with five legs and one fails.

Odds Boosts / Parlay Boosts

In sports betting, an odds boost is a promotional tool when a sportsbook raises the odds on a particular market or event, giving the bettor a chance to win more money. An odds boost might increase the odds to +250, for instance, if the team’s initial odds of winning were +200.

If the wager wins, the bettor will receive a more significant payoff. Even though the largest bet on these markets is typically relatively small, these promotions can still offer a ton of value.

Reload Bonuses

Reload bonuses are promotions given to returning gaming site users in exchange for subsequent deposits. Usually, the platform matches a specific portion of the deposit amount. For instance, if a player deposits $200 and receives a 50% reload bonus of up to $100, they will also earn an additional $100 in bonus money.

Referral Bonuses

Sportsbooks will reward current users who bring new people to the site with a referral incentive. Both the referrer and the referred person may get bonuses upon the referred person’s enrollment and satisfaction of specific requirements. For instance, a player may receive a bonus in the form of bonus bets if they recommend an individual who makes a suitable deposit.

Loyalty Rewards

VIP tier programs and other loyalty awards are advantages and bonuses that sportsbooks give to patrons who visit them frequently. High-rollers and regular players often receive loyalty awards from betting sites or online casinos. These benefits include exclusive access to VIP perks, individualized customer care, increased betting limits, cashback schemes, unique bonuses, and invites to private events.

T&Cs for New York Sports Betting Promos

All NY sportsbook promos come with terms and conditions attached, which you’ll need to meet before being able to withdraw any bonus funds. Here are some of the most common terms regarding New York sportsbook promotions.

1. Rollover/Wagering Requirements

Rollover or wagering requirements, which indicate how often bonus money or winnings must be wagered before they may be withdrawn, are frequently included in promotions. For example, if a $100 bonus has a 5x wagering requirement, $500 in total wagers would need to be made before any remaining earnings could be withdrawn.

2. Promo Codes

For specific promotions, NY promo codes are needed to take advantage of the incentive during the registration or deposit process. For instance, the code “BET1000” results in a 50% bonus match on your first deposit at BetOnline.

3. Min/Max Deposit

All sportsbook promos in New York require a minimum deposit (often $20). Meanwhile, the max refers to what you must deposit to get the maximum bonus (for instance, $1,000).

4. Eligible Sports/Bets (Min Bet/Eligible Odds)

Specific promotions could limit which sports or types of bets are acceptable to be eligible for the offer. For instance, a promotion for football games only with odds of -200 or higher might include a $10 minimum wager requirement.

5. Expiration Date

Most NY sports betting promotions expire within 7-30 days of you making a deposit. Reviewing the terms and conditions to determine how long you have to use or claim the promotion is crucial.

6. Number of Bets

Some promotions involve a series of wagers, such as a bonus spread over five bets/days. You might receive the bonus funds in time or wager-based increments.

7. Minimum Odds

Bookmakers may impose minimum odds on bets (eg -250) to ensure you don’t back heavy favorites to meet rollover. There may also be odds restrictions for some wagers to qualify to receive a bonus.

8. Payment Method Restrictions

There may be restrictions on which payment methods can be used to take advantage of an offer. For example, deposits made in USD are not eligible for some promotions, while deposits made in BTC or ETH might be.

Features of a Good NY Sportsbook Offer

Bonuses and promotions can take many different forms. We’ll list a few things to watch out for here and help you separate the wheat from the chaff.

Pros: pros

  • Generous Promos A good NY sportsbook will have sizable bonus offers. These promotions and bonuses can be better odds, bet credits, or deposit matches. These bonuses can significantly increase a bettor’s bankroll, and their likelihood of winning over the long term can be improved.
  • Advantageous Terms and Conditions The terms and conditions of a promotional offer can make a big difference. We like to see reasonable wagering or rollover requirements, feasible deadlines for meeting the criteria, and clear directions on how to claim and use the bonus.
  • Big Variety of Sports and Wagers It is vital to have access to a variety of sports and betting markets. In addition to mainstream sports like baseball, basketball, and football, a bonus offer should let bettors wager on niche sports and a wide variety of markets.
  • Flexibility in Banking Options Bettors can use their favorite banking choices at sportsbooks that offer various reliable payment methods. Convenient and accessible deposit and withdrawal options are provided via the acceptance of major credit/debit cards, cryptocurrency, and online banking transactions.

Cons: cons

  • Inconvenient Rollover/Wagering Criteria It could be difficult for bettors to meet the requirements and receive their profits when sportsbook offerings have high rollover or wagering requirements. Overly strict rules may reduce the offer’s value and utility.
  • Restricted Geolocation There are sportsbook promotions that might only be accessible to bettors who live in or are located in a particular state. Ideally, we like to see offers available regardless of location, though sometimes this is impossible.
  • Limited Expiration Period Short expiration periods on offers might be restricting for bettors, particularly for those who might not have enough time to satisfy the requirements or fully utilize the bonus within the allotted time.

Mistakes to Avoid When Claiming a New York Sportsbook Bonus

You don’t want to miss out on money when chasing New York sportsbook promos. Luckily, you can avoid this fate by studying the most common mistakes involving NY sportsbook promos.

  • Mistake #1: Using the wrong promo code
    The wrong bonus code will qualify you for a deal you may not want; double-check NY sportsbook promo codes before finishing registration to avoid this problem.
  • Mistake #2: Missing terms on parlay bonuses
    Parlay promos usually have concrete terms, such as 3+ legs and at least +375 odds. You should always read T&Cs carefully, especially with parlay promotions.
  • Mistake #3: Letting bonus bets expire
    Bonus wagers come with relatively short expiration dates, sometimes as little as seven days. Note how long you have to use these bets to avoid losing them.
  • Mistake #4: Not making the minimum deposit and bet
    Most sportsbooks use regular minimum deposits and/or wagers for betting promos. You might have to deposit or bet more than the regular minimum in exceptional cases.
  • Mistake #5: Cashing out before meeting rollover
    Most NY sports betting bonuses require a 1x rollover before a cashout. If you withdraw before this, you’ll generally lose the bonus funds.

Types of Payment Methods

NY betting sites and other New York gambling sites offer several payment methods. Therefore, you’ll have options when funding your account and cashing in on NY sportsbook bonuses. Here are some of the different types of banking methods available in the Empire State:

  • Bank cards: Credit and debit cards allow instant deposits and can sometimes be used for withdrawals.
  • Cryptocurrencies: This method is the most popular at offshore online sportsbooks in NY. The digital tokens are fast, secure, and transfers instantaneously.
  • Wire transfer: This method lets you move money directly to and from a betting site (vs. through the ACH system).
  • E-Wallets: E-wallets like PayPal and Skrill are not accepted at our top offshore sportsbooks.

Are New York Sportsbook Promos Legal?

Online sports betting is legal and regulated through Senate Bill S17D. By extension, regulated NY betting sites’ promos are permitted so long as they don’t violate state advertising and marketing standards. Additionally, even though US gaming authorities do not regulate them, the offshore sportsbook promotions we recommend are entirely legitimate, legal, and subject to international gaming standards.

US-regulated online bookmakers can’t use misleading terms or messages when promoting bonuses. For example, they cannot use “free bets” when describing bonus bets in many states.. These wagers aren’t entirely “free” because they come with terms and conditions.

Offshore sportsbooks are not beholden to these restrictions, as they answer the international licensing authorities. You can be confident when pursuing New York sportsbook bonuses like those we promote. These deals are perfectly legal and may help you accumulate extra winnings.

Are There Taxes on Bonuses?

How bonuses earned from sports betting in New York relate to taxation is straightforward to understand. The IRS and the state will tax net annual winnings from gambling. This includes sports betting.

Winnings from gambling are subject to federal tax laws and must be disclosed to the state and the IRS. Taxpayers must report any net gambling winnings (over a certain amount) they receive each year from any source, including when earned using bonuses from sports betting sites. It’s crucial to remember that you can deduct losses from gambling; you only owe money if your betting is a net profit for the year.

Unlike US-regulated sportsbooks, offshore bookmakers typically do not track their clients’ betting income, do not provide W-2Gs to them, and do not withhold taxes entirely from significant gains. However, according to federal and state laws, you must report your annual earnings to the state and the IRS. A sports bettor must keep track of their net wins or losses for the entire year to correctly declare their income from sports betting on their tax return.

The Best NY Sportsbook Promo

There are plenty of solid New York sports betting promotions, but the BetOnline NY bonus trumps them all. BetOnline is also a fantastic sports betting site with good odds, excellent betting features, and plenty of ongoing bonuses with low rollovers.

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200+ Hours of Research Every Month

150+ Sportsbook Promotions Verified

1,000s Betting Markets & Odds Analyzed

We follow a proven methodology when reviewing sports betting sites that highlights the pros and cons of each platform.

Our process enables us to rate sportsbooks on key features so you can compare sites with ease.

We cover:

  • Sports and betting markets
  • Competitiveness of odds
  • Reputation and licensing
  • Bonuses and promotions
  • Payment methods
  • Customer support

…and more.

Check out our complete guide to learn how to rate sportsbooks featured on Techopedia.

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Affiliate Disclosure: Techopedia may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. However, all our recommendations are unbiased and follow a thorough review process. Gambling can be addictive, please play responsibly and you must be of legal gambling age.

Resources

Jeremy Olson
Sports Betting and Casino Expert
Jeremy Olson
Sports Betting and Casino Expert

Jeremy has been writing about gambling since 2004, when he began covering poker and casino games. He has since written and ghostwritten thousands of pieces involving casino games, poker, and sports betting. While he's covered strategy and news in the past, his key areas of focus today include how-to pieces, promotions, and reviews. Jeremy has also written for BasketballInsiders, Gambling.com, OnlineUnitedStatesCasinos, and Props.com.