BetMGM became New York's fifth legal sports betting site on Monday, Jan. 17, 2022. With its arrival, all New York newcomers can claim a risk-free bet of up to $1,000.
BetMGM's bonus for Empire State bettors, a solid-looking offer for new players, ranks third among the best sports betting bonuses in New York. You can claim the offer now.
Courtesy of fully remote mobile registration in New York, you can sign up for a BetMGM sportsbook account from NYC's five boroughs or elsewhere within the Empire State.
How-to claim your BetMGM NY risk-free bet of up to $1,000
Click here to get your $1,000 risk-free bet. Once you've landed on the BetMGM offer page, you'll need to register an account and deposit funds, before placing your first wager.
With a risk-free bet, you'll get something tangible back from BetMGM if you don't hit on your first bet. Typically, that comes back to you as a 100% refund up to the amount first wagered.
Caveat: The amount wagered on your first bet will determine the amount of site credit returned if you lose — up to $1,000 — so choose wisely to maximize your bankroll.
BetMGM will pay you out with cash if your first wager is a winner, because, well, you won the bet. However, let's say that you bet $500 the first time, and it registers as a loss. In that case, your account will receive a fresh injection of $500 in site credits to wager with as you see fit.
Note, you'll have seven days to use that site credit before it expires, and you cannot cash out site credit for real money funds.
More New York sports betting offers
All things considered, the New York welcome bonus from BetMGM is a very fair offer. It's not the top offer currently available to New Yorkers — that honor goes to Caesars — but we rank it third on our list of the best sports betting bonuses in New York.
Caesars, of course, has blown the competition out of the water by offering $300 in bonus funds just for registering and then also handing out a $3,000 deposit match. BetMGM's offer is basically identical to the one being handed out by FanDuel — the only reason we have ranked FanDuel above BetMGM in our rankings is that FanDuel is a more popular US betting site.
Here's how we rank the five sports betting bonuses currently available in New York:
|Rank||Sportsbook||Bonus Offer||Promo Code|
|1||Caesars||$300 bonus cash + $3,000 deposit match||No code - claim now|
|2||FanDuel||$1,000 risk-free bet||No code - claim now|
|3||BetMGM||$1,000 risk-free bet||No code - claim now|
|4||BetRivers||100% deposit match to $250||No code - claim now|
|5||DraftKings||20% deposit match to $1,000||No code - claim now