DraftKings NY Sportsbook Promo Code: Get $50 Free On Deposit

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DraftKings NY Sportsbook is now live. This is the most anticipated sports betting app in New York, and it’s officially available with unlimited access. The DraftKings NY promo code gets new bettors a $50 Free Bet on deposits of $5 or more, plus a 20% deposit-match bonus up to $1,000:

🔗 DraftKings NY Promo Code:Use Exclusive Link
🤑 Free Bet:$50 Free Bet with $5+ deposit
💰 Deposit-Match Bonus:20% deposit-match bonus up to $1,000
🤑 Best Feature:Instantly cash out winnings every day
🌀 Wagering Requirements:1x for free bets; 5x for deposit-match bonus
⭐ App Store Rating:4.8 out of 5.0 (259.5K reviews)
💳 Minimum Deposit:$5
✈️ Also Available In:AZ, CO, CT, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV, WY
✅ Date Last Verified:January 2022

Claim The DraftKings NY Promo Code

  • $50 Free Bet with $5+ deposit
  • $1,000 20% deposit-match bonus
  • Valid at DraftKings Sportsbook + DraftKings DFS
  • 5x wagering requirement to unlock full 20% deposit-match bonus
  • Wagering requirements must be met within 90 days

DraftKings NY Sportsbook Promo Code For DraftKings January 2022

As one of the most anticipated online sportsbooks coming to New York, thousands of bettors have been waiting for the DraftKings NY Sportsbook promo code to go live. And the day has finally come. Here’s what you get with the exclusive Bonus.com promotion link:

  • $50 Free Bet: Deposit any amount (minimum $5) to receive a $50 Free Bet instantly.
  • $1,000 Bonus: DraftKings will match that first deposit by 20% up to $1,000.

To receive the most out of your DraftKings NY promo code deal, deposit $5,000 to receive $50 instantly plus $1,000 credited to your account as you place bets ($1 in bonus money for every $25 wagered).

The household name status of DraftKings in New York isn’t just because of relentless marketing campaigns. This is truly one of the most reliable, intuitively-designed sports betting apps in the US. From the massive selection of sports and types of bets to some of the most exciting promotions, DraftKings NY Sportsbook earns its throne.

How Does The DraftKings NY Sportsbook Promo Code Work?

The DraftKings New York Sportsbook promo code link gets new bettors $50 free no matter how much they deposit (minimum $5). But that first deposit is also matched 20% up to $1,000. So you can simply deposit $5 to receive $50 free, plus another $1 with the 20% match. Or you can deposit any amount up to $5,000 to take advantage of the 20% deposit-match bonus (for a total of $1,050 free).

Here’s a quick breakdown based on example deposit amounts:

  • $5 deposit = $51 free ($50 + 20% of $5) for a total of $56 in betting money
  • $100 deposit = $70 free ($50 + 20% of $100) for a total of $170 in betting money
  • $500 deposit = $150 free ($50 + 20% of $500) for a total of $650 in betting money
  • $1,000 deposit = $250 free ($50 + 20% of $1,000) for a total of $1,250 in betting money
  • $5,000 deposit = $1,050 free ($50 + 20% of $5,000) for a total of $6,050 in betting money

Note that the deposit-match bonus is not instantly credited to your account. While the $50 is made immediately available after a $5+ deposit, you receive $1 of the deposit-match bonus for every $25 wagered. That’s essentially a 5x wagering requirement.

DraftKings Sportsbook NY Review – What You Can Expect

Reasons to join the DraftKings NY Sportsbook go well beyond the promo code offer. It’s what you can bet on with that bonus money that makes this sports betting app truly special. New Yorkers now have access to the following types of bets at DraftKings Sportsbook:

BetHow This Type Of Bet Works At DraftKingsAverage Odds
MoneylineBet on a team to win.Varies widely
Points SpreadBet on the favorite to win by more than the spread or the underdog to win or lose by less than the spread.-110
TotalsBet on the total score to be Over/Under DraftKings' guess.-110
ParlaysCombine multiple bets into a single wager. All bets (called 'legs') have to win for the parlay to win.+600 for 3-leg parlays with -110 odds each
Prop BetsBets on the performance of a player or team separate from the outcome of the game.Varies widely
FuturesBet on an major event in the future, such as betting on the current odds of winning the Super Bowl 2022.+120 to +3000 and longer
Live BettingLive betting means betting while a game is in-progress, such as during a play (in-play live betting) or at halftime (in-game live betting).Varies widely
PleasersParlay with points spreads adjusted in the sportsbook's favor to make it harder to win (for a higher payout).Around +800 for 3-leg pleasers
TeaserParlay with points spreads adjusted in the bettor's favor to make it easier to win (for a lower payout).-110 to -140 for 2-leg teasers

Bettors will always find some of the most competitive lines, creative promotions, and biggest profit boosters at DraftKings Sportsbook NY. And, while you play, you earn Dynasty Rewards points that can be cashed in for free money and other prizes.

DraftKings New York Fast Facts

  • Powerful, reliable online sports betting app
  • Dozens of daily odds boosters and a wide range of ongoing promotions
  • Access to Daily Fantasy Sports (DFS)
  • Dynasty Rewards program for all members
  • Retail sportsbook located in Waterloo at del Lago Resort & Casino

Reliable Platform

With most sports bettors wagering on their mobile devices, a reliable app is practically essential. And no app has a better score or as many reviews as DraftKings Sportsbook. With a quarter of a million users rating the platform a 4.8 out of 5.0 stars, that’s truly as good as it gets.

Why does app reliability matter? It doesn’t really if you’re just going on there to place a pre-game bet on the most popular games. But anything beyond that, and a bad app will show the true limits of its capabilities. If you like live betting (bets placed on a game in progress), you’ll have issues placing them with poor-quality apps. And if you want to look for a more obscure betting market, the best apps will get you there quickly and easily.

The DraftKings Sportsbook app offers the power and reliability that covers the needs of every type of bettor, and that’s despite offering thousands of markets across dozens of sports.

Daily Odds Boosters

You can always rely on DraftKings NY to offer some of the best odds no matter the event. But you can also always find odds boosters on the hottest games. Some examples of odds boosters include:

  • Automatically Enhanced Odds: Get a 25% to 100% odds boost on a select game line that’s automatically applied.
  • In-Game Event Bonus: If a game goes a certain way, you get an odds booster. If not, you get the odds that you started with. So it’s a little risk-free bonus that’s always worth grabbing. For example, if no one scores in the first half of a soccer game, the odds are boosted 25%.
  • Parlay Boosts: Popular two-leg parlays are often tied to odds boosters, particularly for NFL games. For example, a team to win and a player to get the over on rushing yards.

DraftKings Sportsbook & DraftKings DFS

Bettors can earn Dynasty Rewards points (the DraftKings rewards program) by playing daily fantasy sports (DFS) at DraftKings DFS and betting on sports at DraftKings Sportsbook. The DFS platform launched in New York a while back, so if you’re already a member, you’ll automatically have access to DraftKings Sportsbook upon launch.

But everyone who joins DraftKings Sportsbook can access DraftKings DFS using the same login and bankroll. That means you can buy into a DFS contest one minute and bet on sports the next. However, because DFS is accessible in most US states but the sportsbook is not, the two platforms are available on two different apps. You can also access them at the same time at DraftKings.com.

Learn more about DraftKings Dynasty Rewards and all the ways to earn points.

Retail DraftKings Sportsbook At Del Lago Resort & Casino

The retail DraftKings Sportsbook is also available for betting in-person at del Lago Resort & Casino in Waterloo, NY, which is halfway between Rochester and Syracuse. The sportsbook itself is in a designated area that’s 6,000 square feet and features 1,000 square feet of LED TV screens, 23 betting kiosks, and four betting windows. Bettors can also enjoy a full food and drink menu, including over 30 beers on tap. It’s also all just a step away from casino gaming, including slots, table games, and poker rooms.

Other retail sportsbooks powered by upcoming sports betting apps include:

BetMGM NY Sportsbook is a mobile online sportsbook, meaning it does not currently offer a retail sportsbook in the state. But there is one at Borgata Casino in Atlantic City, a betting outlet frequented by New Yorkers.

Key Features of DraftKing New York Sports Betting App

Types of bets offered: Points spread, moneyline, totals, parlays, futures, live betting, team props, player props

Rewards program: Yes, Dynasty Rewards gives players points for betting, playing DFS, and shopping online at DK and its retail partners.

Sports leagues available: All major league; college sports (except NY teams per state law); individual sports like golf, tennis, and MMA; and most international sports.

Available via: iOS app, Android app, Web browser

Deposit methods: Credit/debit cards, Play+ card, PayPal, online bank transfer, ACH/eCheck, casino cage at del Lago Resort & Casino

Minimum deposit: $5

Betting limits: Winnings are capped at $1 million for NFL, NBA, and MLB, and between $250,000 and $500,000 depending on the sport

DFS offer: Yes, DraftKings DFS is currently available in New York State.

DraftKings Casino: No, New York did not legalize online casinos.

License Information: DraftKings New York Sportsbook is a licensed sports betting app through a partnership with operator FanDuel, which is licensed through the New York State Gaming Commission.

Learn more about legal online sports betting in New York.

    Deposit Methods At DraftKings New York Sportsbook

    You can make a deposit at DraftKings Sportsbook in New York using the following methods:

    Deposit MethodMinimum DepositHow long for funds to appear in my account?
    VISA Debit/Credit Card$5Generally instant
    MasterCard Debit/Credit Card$5Generally instant
    American Express Debit/Credit Card$5Generally instant
    Discover Debit/Credit Card$5Generally instant
    ACH/eCheck$5Generally instant
    PayPal$5Generally instant
    Prepaid Card$5Generally instant
    Wire Transfer$55-7 days
    Casino Cage Deposit$5Generally instant

    Important Note: We strongly advise against using a credit card to fund a sports betting app, including DraftKings. Credit card companies usually consider deposits cash advance charges, which means lower maximums, higher interest rates, and fees. No other forms of payment have fees, at least not that we know of, and DraftKings doesn’t charge any.

    How To Cash Out At DraftKings New York Sportsbook

    The following withdrawal methods are available at DraftKings NY Sportsbook:

    Withdrawal MethodMinimum CashoutHow long for funds to appear in my account?
    ACH/eCheck$202-7 days
    PayPal$202-7 days
    Play+Prepaid Card$202-7 days
    Check By Mail$201-2 weeks
    Casino Cage Cashout$20Instant

    However, you can’t withdraw bonus money, it has to be bet first before it’s turned into withdrawable cash. This is standard across all online sportsbooks.

    For example, if you deposit $100 after using the DraftKings NY Sportsbook promo code, you’d receive $50 free, plus $20 in betting credits. You can’t simply withdraw that $70, but you can bet the bonus money (known as DK dollars) one time, and the remaining funds are free to withdraw.

    How Can You Play At DraftKings New York Online Sportsbook?

    • DraftKings NY Sportsbook iOS App: Search, “DraftKings Sportsbook,” in the App Store to find and download the iOS app.
    • DraftKings NY Sportsbook Android App: Search, “DraftKings Sportsbook,” in the Google Play store to find and download the Android app.
    • DraftKings Via Web Browser: DraftKings is available via web browser at DraftKings.com, and the site is accessible on mobile device and computers.

    DraftKings Sportsbook In New York: Pros And Cons

    Should You Use The DraftKings Sportsbook NY Promo Code?

    There’s a reason DraftKings is among the most popular and respected sportsbooks in the US. It offers huge market depth, compelling ongoing offers, and often-unbeatable odds that make it a top-tier choice for online sports betting. The DraftKings Sportsbook in New York is poised to be no different, and the highly-competitive market means you can look forward to tons of daily specials as the app tries to bring in more bettors.

    All in all, it truly doesn’t get better than DraftKings, and we’d bet it will consistently sit among the top three options in the state.

    Should You Use The DraftKings Sportsbook NY Promo Code?

    Yes, all sports bettors in New York State will get something out of the DraftKings NY promo code. The lowest-budget players can get $50 free just for depositing $5. Meanwhile, the high-rollers will love getting $1 in bonus money for every $25 they bet (up to $1,000 total).

    If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER. Gambling problem? Call 1-800-GAMBLER. 

    21+. NY launch pending regulatory approval. Currently available in AZ, CO, CT, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV, WY only. Licensed by the New York State Gaming Commission. Eligibility restrictions apply. See sportsbook.draftkings.com for details.

    Pros

    • Among the biggest online sportsbooks in the US
    • DraftKings NY promo code: $50 free + 20% bonus up to $1,000
    • Best-rated app in the App Store (4.8 out of 5.0 from 250,000+ reviews)
    • Retail DraftKings Sportsbook at del Lago Resort & Casino in Waterloo
    • Also accessible in several nearby states: NJ, PA, NH, CT, VA, WV, TN, MD (coming soon)

    Cons

    • Sportsbook and DFS on two separate mobile apps
    • DraftKings Casino not permitted in NYS
    • No betting on in-state college schools per NYS law

    DraftKings New York Sportsbook FAQ

    What is the DraftKings New York Sportsbook promo code?

    The DraftKings New York Sportsbook promo code is applied with our exclusive link. Use it to receive $50 free with any deposit, plus a 20% deposit-match bonus up to $1,000. Terms and conditions apply. Click here to redeem.

    Has DraftKings NY Sportsbook started?

    Yes, DraftKings NY Sportsbook is now live in New York State. Everyone 21 and up and physically located within New York State lines can bet online via the DraftKings Sportsbook app or directly on the website.

    Is DraftKings Sportsbook NY legit?

    Yes, DraftKings Sportsbook in New York is a legit, safe place to wager money. The publicly-traded, heavily-regulated company employs the highest levels of security and has Responsible Gaming measures in place to prevent problem gambling.

    What is the age requirement for DraftKings New York?

    18 or 21. The age requirement for DraftKings Sportsbook is 21 and up. The age requirement for DraftKings DFS is 18 and up.

    Can I bet on college sports at DraftKings Sportsbook New York?

    Yes, you can bet on college sports at DraftKings NY, but not on in-state college schools. DraftKings NY Sportsbook will allow betting on all D1 college events except those that take place in New York or have New York State colleges participating. For example, you can bet on a college football game between Penn State and Michigan State, but not on a Syracuse vs. NC State game.

    How do you get paid if you win at DraftKings Sportsbook?

    Online bank transfer, PayPal, and other methods. DraftKings Sportsbook allows for a wide variety of withdrawal methods that cover most of the preferred cashout services. Bettors can also fund their account and receive winnings in cash in-person at the del Lago Resort & Casino cage.

    Does DraftKings Sportsbook NY offer live betting?

    Yes, DraftKings Sportsbook New York will offer live betting on all major domestic sports and select international sports. Live betting involves placing a bet after the game begins, and the powerful DraftKings Sportsbook app offers an easy, reliable live betting platform.

    What is the best deposit option at DraftKings Sportsbook?

    PayPal and online bank transfer are the easiest, most reliable deposit methods at DraftKings Sportsbook. Both make funds instantly available and come with zero fees.

    About the Author

    Mike Epifani

    Mike Epifani is the Editor and Content Manager of Bonus.com. As a highly experienced online gambling writer, Mike specializes in online casinos and sports betting; specifically, how to bet more while spending less. Ready to keep more of your money while staying safe and having fun? You're in the right place.