Best NY Underscoreg Promos: $2,450 in Bonuses for July 2024

All New York sportsbook promo codes and bonuses

Promotions and bonuses for sports betting in New York can vary from $100 to $1,000. It is important to carefully review the terms and conditions of each operator before redeeming your bonus. Playthrough requirements and the stipulation that your first wager must lose in order to unlock the welcome bonus funds are common catches. Additionally, your sportsbook promo funds may need to be used on a single bet or within a specified timeframe.

Thankfully, in contrast to older sportsbooks, the majority of online sportsbook operators in New York and their betting apps no longer need a promo code for initial deposits or future bonuses. The only exceptions are BetRivers NY and Caesars Underdog NY, which do require promo codes during sign-up.

FanDuel NY welcome offer

New bettors on FanDuel can receive a welcome bonus of betting $5 and winning $200 in bonus bets. No promo code is required to take advantage of this offer. Here’s everything you need to know.

1. Create an account and make your first deposit of at least $5.
2. Place your initial wager of $5 or more.
3. If you win, you’ll receive $200 in bonus bets.
4. The bonus bets must be used within seven days, or they will expire.
5. Bonus bets are non-withdrawable and must be used to wager further with the sportsbook.

FanDuel promo pros and cons 

What does the promo mean for you?

By placing an initial $5 bet on FanDuel, you have the chance to earn up to $200 in bonus value. However, it is important to note that this bonus is contingent on your first bet being a winning one and is not guaranteed.

How much money can I earn with the promo?

Using bonus bets allows you to place additional bets, but keep in mind that any winnings will not include the original amount of bonus bet credits you wagered. The total amount you can potentially win with this promotion is determined by the size of your initial bet and how you decide to utilize your bonus bets.

Why this bonus is better than others

This bonus offers unparalleled flexibility, allowing you complete autonomy over $200 in bonus bets. You have the freedom to allocate the bonus funds however you desire, whether it be in one large $200 bet, 200 smaller $1 bets, or any combination in between.

DraftKings NY welcome offer

New users on DraftKings NY can receive $150 in bonus bets by placing a wager of $5 or more without the need for a promo code.

The qualifying wager must be at least $5 to be eligible for the bonus. The bonus will be given as six $25 bonus bets and cannot be withdrawn, transferred, or refunded. It will expire after seven days.

1. Bonus bets cannot be withdrawn as cash.
2. The bonus bets must be used within seven days of receipt.
3. Be sure to read the terms and conditions for playthrough requirements.

DraftKings promo pros and cons 

What does the promo mean for you?

New players will love this great promotion from DraftKings! For only $5, you can receive six $25 bets to use for more wagering. With these bonus bets, your bankroll is protected.

How much money can I earn with the promo?

The payout of your bets is dependent on the success of your bonus bets. If you use a $25 bonus bet on a sporting event with 4-1 (+400) odds and it wins, you’ll receive $100. The more you win, the more money you can make with this promotion. The advantage is that as long as you’re using the bonus bet funds, you won’t lose any real money since you’re not using your bankroll.

Why this bonus is better than others

DraftKings has one of the lowest $5 wagering requirements compared to other top sportsbooks. FanDuel has recently introduced a similar offer, sparking further discussion in the ongoing FanDuel vs. DraftKings rivalry.

Caesars NY welcome offer

Caesars NY doesn’t hold back with its generous welcome offer. New players can enjoy up to $1,000 in first-bet insurance by using the promo code SBRBONUS1000. Here are a few important things to keep in mind:

1. Requires a minimum first deposit of at least $10.
2. Place your qualifying wager of any amount on any sports market.
3. Should your first bet lose, the sportsbook will refund your money, up to $1,000, as a single bonus bet.
4. The bonus bet expires 14 days after it hits your account, so act fast.

Caesars Underscoreg NY promo pros and cons

What does the promo mean for you?

Caesars offers a risk-free bet of up to $1,000 for both new and experienced players. If the bet wins, no bonus funds are given. However, if the bet loses, Caesars NY will credit your account with the same amount, up to $1,000.

How much money can I earn with the promo?

You can only access the sportsbook bonus if your initial bet, up to a maximum of $1,000, results in a loss. The total amount you can earn depends on the success of your next bet using Caesars’ single bet credit. If you continue to win subsequent bets with Caesars Reward funds, your potential earnings are unlimited.

Why this bonus is better than others

This NY sportsbook promo offers the potential for high earnings but does depend on a loss.

BetRivers NY welcome offer ⚡

When you make your first deposit at BetRivers, you do not need to use a bonus code to receive a $100 second chance bet. If your initial wager is unsuccessful, BetRivers NY will refund your account with a $100 bonus bet, giving you another opportunity to win. Additional promotional information is as follows:

1. Register a new account at BetRivers and make a minimum deposit (or more).
2. Make a bet on any available sports market, with -200 odds or longer.
3. If it loses, BetRivers will refund it entirely (up top $100) via bonus bets.
4. Bonus bets are not redeemable for cash and expire in seven days.

 BetRivers promo pros and cons

What does the promo mean for you?

By using BetRivers NY, you have the opportunity to take a more aggressive approach with your initial bet. We recommend that customers avoid choosing the safe bet right away, as no bonus money will be awarded if you win. Instead, consider taking a risk by betting on a 4-1 underdog – if you win, you could make $400 rather than receiving a bet insurance credit of $100. Just remember to utilize the bonus funds within 30 days of receiving them.

How much money can I earn with the promo?

If your initial bet is successful, you cannot take advantage of the promotional offer. However, if your bet is unsuccessful and you receive a bonus bet refund from BetRivers, a second chance at winning can result in significant earnings. By hitting a series of consecutive wins after receiving the bonus, your bankroll will increase substantially, potentially resulting in hundreds or even thousands of dollars in winnings.

Why this bonus is better than others

Let’s be real, BetRivers is not superior. However, one advantage it has is its parent company, Rush Street Interactive, which is highly respected in the industry for having top-notch products and an unparalleled user experience. This is mainly due to their live video streaming and live in-game betting features.

Fanatics NY welcome bonus

In early 2024, Fanatics made its debut in New York, tapping into one of the nation’s largest betting markets. New Yorkers can now take advantage of Fanatics’ generous $1,000 bonus bets welcome offer without the need for any promo code.

Read our review of Fanatics to get more information about the sportsbook.

This is how the welcome bonus operates:

• You must download the Fanatics Underscoreg app.
• Place your first qualifying wager of $5 or more.
• Win or lose, Fanatics will match your bet (up to $200) with a bonus bet.
• Repeat this process in the five days after account registration to earn up to $1,000 in bonuses.
• You can claim one bonus per day and opt-in is required after day one.
• Failure to opt in on a given day forfeits your bonus for that day only.
• Bonus bets expire after seven days and can’t be withdrawn for cash.

Fanatics promo pros and cons

What does the Fanatics sign-up promo mean for you?

Get five consecutive days of bonus bets with this Fanatics promotion by placing a qualifying wager each day. After opting in, your first qualifying bet on each day (excluding day one) will be matched with a bonus bet, up to $200. If you bet the maximum amount or more, you can receive up to $1,000 in bonus bets. But even if you wager as little as $5, you’ll still get your matching bonus bets.

How much money can you earn with the Fanatics sign-up promo?

You have the opportunity to receive a bonus of at least $5 and up to $1,000 in bonus bets. The amount of actual money you can earn from Fanatics’ welcome offer will be determined by the outcome of the bets you place using the bonus bets. If you make successful wagers, you will be able to cash out some profits right away. However, if your bonus bets result in losses, you may end up with minimal or no winnings.

Why Fanatics’ bonus is better than the others

Fanatics is one of the few sportsbooks that provides bonuses up to $1,000. What sets them apart is that you can earn bonus bets regardless of whether your qualifying wagers win or lose. This is a refreshing change from other bonuses that only pay out if your first bet is a specific outcome.

How we rate and review NY sports betting promotions

Our editorial and betting experts assess each online sportsbook and NY sports betting app independently to evaluate the quality of their sports betting promotions. Our ratings and reviews of welcome bonuses and ongoing promotions are based on several key factors.

• The dollar amount value the operator provides the player.
• If a player must punch in a promo code to redeem the offer.
• If the betting site requires an initial deposit.
• If a minimum deposit is required to unlock the bonus funds.
• If the operator applies an expiry date to the bonus.
• Clear explanations of playthrough requirements.

New York sports betting promos quick facts

Types of New York betting sign-up offers and bonuses

The most commonly promoted New York sign-up offers and bonuses typically include deposit matches, deposit bonuses, bonus bets, and first-bet insurance or second-chance wagers.

Deposit match bonus

In a crowded and competitive betting market, New York online sportsbook operators will aim to attract you by offering deposit match bonuses. When you make your initial deposit, the sportsbook will match your first transaction up to a specific limit.

If you deposit $1,000 into a NY sports betting app with a 100% deposit match bonus up to $1,000, the operator will match your deposit, giving you a total of $2,000 to wager with ($1,000 from your deposit and $1,000 from the bonus). On the other hand, if the deposit match bonus is 50% up to $500 and you deposit $500, you will receive a $250 bonus, resulting in a starting wallet value of $750.

Bonus bet

A common trend among sportsbooks is offering bonus bet sign-up promotions, which usually involve making a small initial deposit of $5 or $10 and placing your first bet to access the bonus funds.

Many sportsbooks provide bonus bets ranging from $100 to $200 with just a $5 bet. It is important to thoroughly read the terms and conditions as there may be additional requirements, such as winning your first bet or meeting specific odds criteria.

First bet insurance (or second chance bets)

These sign-up bonus offers are currently trending as the most popular in the market because betting sites only have to pay out bonuses on losing initial wagers. However, if you win your first bet, you will not receive a bonus, making it a risky proposition for the player.

If you deposit $500 on Caesars and bet it all on the Chiefs to win, but they lose, Caesars will refund you with $500 in bonus bet credit. This credit cannot be withdrawn as cash and must be used for future wagers.

SBR tip: Be sure to carefully review the terms, conditions, and playthrough requirements of any bonus funds before claiming them, as they may have specific restrictions.

New York online sportsbooks

Since New York mobile betting launched on Jan. 8, 2022, the number of legal sports betting sites and apps available to new players has increased from four to eight in the past year. It is likely that betting kiosks will soon be introduced at sports venues such as Yankees Stadium and Citi Field. Additionally, many state politicians anticipate the legalization of iGaming, or online casino games, in the near future.

New York online and mobile sportsbooks

New York betting resources

Before diving into New York’s sports betting scene, new players should be aware that promotions are just the tip of the iceberg. SBR’s editorial team has created comprehensive resource pages to guide you through the state’s top sports betting sites, as well as provide insight into the various promos and bonuses available in New York.

New York Sports Betting

Check out the top-rated online sportsbooks and sports betting apps available in New York state.

Underscoreg Promos

Discover the different types of sports betting bonuses available to both new and experienced players offered by operators.

DraftKings Review

Discover why DraftKings maintains its position as the top online sportsbook and sports betting app in New York.

Sports betting by category

No matter your favorite sport or league, there is a fantastic sportsbook bonus waiting for you at numerous legal and licensed sportsbooks in your state. Check out this list of the top sportsbooks in each category to help you make your choice even simpler.

Responsible sports betting with New York promos

The New York Gaming Commission is responsible for regulating all gaming activities in the Empire State, including overseeing responsible sports betting practices by operators and providing resources for the prevention and treatment of gambling addiction.

Sports betting welcome bonuses are a tool used to attract new players to join an online sportsbook or download a sports betting app. However, it is important to recognize that some players may need support in managing their betting habits and frequency. The NYGC’s website provides various resources for individuals struggling with problem gambling.

• Gambling HOPEline can be reached at 1-877-8-HOPENY (467369) 24 hours a day, seven days a week
• Voluntary Self-Exclusion can be embraced by filling out this form
• National U.S. gambling hotline: 1-800-GAMBLER

Gamblers Anonymous Hotline

Problem Gambling Council of New York

Treatment provided by the New York State Office of Addiction Services.

The NYGC collaborates with operators to integrate features into their online sportsbooks and betting apps that empower players to set limits on their bets and sessions, reducing the potential for problem gambling.

Underscoreg promos and bonuses in other regions

If you are outside of New York and curious about the legality of sports betting in other states, simply check out our legal sports betting state tracker for updates on all 50 states.

Underscoreg promos and bonuses in legal U.S. states

Underscoreg promos and bonuses in international regions

• Canada sportsbook promos (excluding Ontario)
• U.K. sportsbook promos