FanDuel's Bet $5, Get $350 in Bonus Bets is the biggest headline offer in New York right now, but Caesars and DraftKings are right behind it — and the right pick depends on how you want to bet. Here's every active NY sportsbook promo ranked by raw value, rollover burden, and expiry window, so you can claim the one that actually fits your style.
Why Are NY Sportsbook Promos Smaller Than Other States?
One word: taxes. New York levies a 51% gross gaming revenue tax on every licensed operator — the highest rate in the country. Operators offset that margin squeeze by keeping welcome offers leaner than what you'd see in, say, New Jersey or Colorado. Still, the top NY sportsbook promos are genuinely competitive. You just need to know what you're looking at.
All offers on this page come from operators holding a 10-year license issued by the New York State Gaming Commission (NYSGC) on November 8, 2021. Any sportsbook not on that list is unlicensed and illegal in New York. Must be 21+ and physically located in New York State to wager. Gambling problem? Call 877-8-HOPENY or text HOPENY to 467369.
Best NY Sportsbook Promos Ranked: Current Welcome Offers
| Rank | Sportsbook | Welcome Offer | Promo Code | Rollover | Bonus Expiry |
|---|---|---|---|---|---|
| 1 | FanDuel NY | Bet $5, Get $350 in Bonus Bets ($50/day × 7 days) | No code needed | 1x | 7 days (168 hrs) per tranche |
| 2 | Caesars Sportsbook NY | First Bet Matched up to $250 as a Bonus Bet (win or lose) | CBS250BM or EMPIRE250BM | 1x | 7 days |
| 3 | DraftKings NY | Bet $5, Get $200 in Bonus Bets if first bet wins | No code needed | 1x | 7 days (168 hrs) |
| 4 | Fanatics Sportsbook NY | Bet $50, Get $250 FanCash (code CBSFAN) over 10 days | CBSFAN | 1x | FanCash expires 7 days from issuance |
| 5 | ESPN BET NY | Active NY welcome offer — see full review | Varies | Varies | Varies |
| 6 | BetRivers NY | Active NY welcome offer — see full review | Varies | Varies | Varies |
| 7 | BetMGM NY | No welcome bonus available in New York | N/A | N/A | N/A |
What Makes FanDuel the Top-Ranked NY Promo?
The $350 total value is the headline. More importantly, the payout structure — $50 in bonus bets per day for 7 days after a $5 qualifying wager — gives you a full week of action rather than one lump sum you might forget to use. No promo code required, no minimum odds on the first bet. The 7-day (168-hour) expiry window on each daily tranche is tight, so plan your schedule before you sign up.
For a side-by-side breakdown of the two biggest apps, the FanDuel vs DraftKings NY promo comparison digs into which offer suits casual bettors versus high-volume players.
How Does the Caesars First-Bet Match Actually Work?
Caesars matches your first losing bet up to $250 as a single bonus bet — win or lose, so the "insurance" framing is real. Use promo code CBS250BM or EMPIRE250BM at sign-up. The advantage here is simplicity: one bet, one potential refund, done. No daily activation required. The disadvantage versus FanDuel is that if your first bet wins, you keep the cash but forfeit any bonus-bet credit.
DraftKings NY: Best for Bettors Who Expect to Win Their First Bet
DraftKings pays out $200 in bonus bets only if that first $5 wager wins. That's a meaningful condition. If you like a strong favorite and feel confident, the payout ratio is excellent. If you're sweating a long shot on opening day, Caesars' win-or-lose structure is the safer call. See the Caesars vs Fanatics head-to-head for how the conditional vs. unconditional models stack up.
Fanatics NY: The FanCash Caveat
Fanatics' $250 offer (code CBSFAN) requires placing a $1+ cash wager at minimum odds of -200 every day for 10 consecutive days from account creation, earning up to $100 FanCash per day. That's a 10-day commitment and each FanCash tranche expires in 7 days. It rewards disciplined daily bettors. Casual players who might miss a day will leave money on the table. The Fanatics offer also requires in-slip activation before placing each qualifying wager — skip that step and the bonus is gone permanently.
Can You Claim Multiple NY Sportsbook Promos?
Yes. You can sign up at every licensed New York operator and claim each welcome offer once. Each operator enforces a strict one-bonus limit per person, household, IP address, and payment method — but nothing stops you from opening five accounts and stacking five different bonuses. That's the real upside of NY's competitive market despite the high tax rate.
If you're unsure which NY sportsbook promo type — first-bet match, bonus bet, or FanCash — gives you the best return on your betting style, that comparison is worth reading before you deposit anywhere. And if a particular sportsbook claims to offer a NY welcome deal without a NYSGC license, walk away; there's no regulatory recourse for disputes with unlicensed operators.
What Happened to Resorts World Bet and PointsBet NY?
Resorts World Bet ceased online operations in 2025 — any promo listings you see referencing that brand are outdated. PointsBet's NY platform was absorbed by Fanatics Sportsbook in early 2024; existing accounts were transferred. Neither brand is accepting new signups in New York.
Quick Tips Before You Claim Any NY Sportsbook Promo
- Bonus bets are not cash. Only the profit from a winning bonus bet is paid out as real money.
- Set a calendar reminder for the 7-day expiry window the moment your bonus bets hit.
- Verify promo codes directly on the operator's official site — affiliate-published codes expire without notice.
- Player props on in-state college teams (Syracuse, St. John's, etc.) are prohibited under NY law and won't count as qualifying wagers.
- You must be physically inside New York State to place a bet; geolocation is mandatory and VPN use can get your account permanently suspended.
The NY sportsbook promos that need no promo code page is useful if you want to skip the code-entry step entirely — FanDuel is the obvious leader there. For everything else, the operator-specific pages linked in the table above have the current terms, step-by-step signup guides, and any recent changes to each offer.
All Ranked Offers
FanDuel NY Promo Code 2026: Bet $5, Get $350 in Bonus Bets
No promo code needed. FanDuel sends $50 in bonus bets per day for 7 days. See the 168-hour expiry rule, qualifying-bet details, and who this offer suits
View detailsDraftKings NY Promo Code 2026: Bet $5, Get $200 If Your First Bet Wins
DraftKings NY requires a winning first bet to unlock $200 in bonus bets. Here's what minimum odds apply, how the 7-day expiry works, and who it suits.
View detailsCaesars Sportsbook NY Promo Code 2026: First Bet Matched Up to $250
Use code CBS250BM for Caesars' first-bet match win or lose up to $250 in bonus bets. Full terms, alternate codes, and minimum-odds rules broken down here.
View detailsFanatics Sportsbook NY Promo 2026: Bet $50 Get $250 FanCash (Code CBSFAN)
Fanatics requires a $1+ wager at -200 or better for 10 straight days. FanCash expires 7 days per issuance. Here's every step before you activate the bet
View detailsESPN BET NY Promo Code 2026: Current New York Welcome Offer Reviewed
ESPN BET is an active NYSGC-licensed operator. See how its current NY welcome offer stacks up against FanDuel and DraftKings for first-time NY bettors.
View detailsBetRivers NY Promo Code 2026: What the Rush Street Offer Gets You
BetRivers (Rush Street Interactive) launched in NY on January 8, 2022. Here's what its current New York welcome promo offers and how it compares to bigger
View detailsBetMGM New York: Why There Is No Welcome Bonus in NY Right Now
BetMGM is NYSGC-licensed but currently offers no welcome bonus in New York — confirmed across multiple sources. Here's what that means and what to do
View details