The time has come for the state of New York to join the online sports betting landscape of the United States: and BetMGM is now part of the game with a stunning 1K$ free bet offer:
- First bet (risk-free) matched up to $1,000
- Bet $10 to win $200 if your team scores a Touchdown
BetMGM New York is expected to launch soon, the bonuses mentioned above are the ones we can expect the bookmaker to offer when they officially go live.
What can you get with the BetMGM New York Bonus Code?
|BetMGM NY is Live!||Offer Details & More|
BetMGM NY Bonus Code
BetMGM NY Sportsbook Bonus
Your first bet matched up to $1,000 (Risk-Free)
Currently valid in NY, NJ, WV, IN, CO, NV, MI, PA, TN, IA, VA, DC, AZ
Last Verified On
When did BetMGM NY launch?
BetMGM, being among the top names in the business is also among the first in line to offer its product in the Empire state. The gaming giant got its online betting license and has launched its platforms on the 17th of January, 2022.
Last week, we saw 4 big players go live with their mobile sports betting offering in NY. And while we didn’t know the exact go-live date for BetMGM then, they have now announced that we will see them go live in NY on the 17th of Jan. Other bookmakers are currently waiting for a solid date and readers may see plenty of speculative news online. We can now safely assume that this is going to be the date on which users will be able to pre-register on the BetMGM New York platform. This is something no bettor wants to miss because it may grant access to exclusive offers and bonuses.
What are the special bonuses offered by BetMGM New York?
Speaking of exclusive offers, BetmGM NY already signed a partnership agreement with the New York Knicks, the Rangers, and Madison Square Garden Entertainment. It is the last partner that actually will allow BetMGM New York to be closer to the teams that play inside the building.
All of that guarantees some more special bets, in-game parlays, and many more specifically on those New York teams. On visiting the BetMGM NY website, you can see the sports betting promotions they have for new and existing customers:
The other offer that new customers can currently claim at the BetMGM Sportsbook is the welcome bonus of up to $1,000 as a first Risk-Free Bet. How this works is very simple, once new customers have signed up, they need to make a deposit and place the first wager. The amount you will then get in free bets depends on whether you lost or won your first wager. Basically, you will receive the bonus amount in free bets only if your bet loses, and once the wager is settled.
We strongly advise new players to thoroughly go through the terms and conditions before placing a bet. Some of the conditions you should be aware of:
- This promotion is only for new customers
- Once an account is created, the bettor is required to make a minimum deposit of $10 in the account
- This offer is only applicable on BetMGM’s online sportsbook
- In the case that a new customer’s first qualified wager loses, they will get free bets in their account – a maximum of $1,000
Other terms and conditions apply.Access BetMGM NY >
What are we going to be able to bet online at BetMGM NY?
The New York regulations are interesting in the sense that the state decided not to copy a lot of the legal stuff that other states already employ. Instead, the state conducted its own research and came up with a pretty conservative list of sports and leagues that are allowed to be bet.
Worry not, users, you will be able to bet fully on NFL, NBA, NHL, MLB games. With college sports, there are certain rules that will be in place. If you are located in the state of New York, you will NOT be able to bet on any college team to which the home state is NY. Examples are:
- Stony Brooks
Additionally, no college games taking place within the territory of the state of New York will be visible for users betting from the state.
Other big restrictions are put on a number of prop bets which the local regulator thinks are easy to manipulate or come down to subjective decisions and preference. Such bets include:
- Betting on injuries or markets with negative outcomes such as penalty markets
- Markets whose results depend on officiating decisions
- Award markets such as ‘’rookie of the year’’ or ‘’coach of the year’’
- Markets on drafts such as ‘’who will be the 1st pick in the draft’’ etc.
Since New York has just started regulating mobile betting, you can also get the BetMGM app that is similar to the apps they have in a few different states across the US.
Where will the retail location be for BetMGM in New York?
While it is true that BetMGM owns the Empire City Casino based in Yonkers, the company has no intention of using it as a retail betting ground currently.
In fact, BetMGM does not plan to launch a retail betting location in NY at all. This is not because of a lack of partners but it’s just the direction the company has chosen to go.
Another reason may be the incredibly high tax that all bookies are going to be paying in NY. It will be 51% of GGR which makes New York the most expensive state in the USA for bookies to operate.
What can we expect from BetMGM NY?
The company knows what they are doing. With the NFL playoffs fast approaching and the Super Bowl on the 13th of February, you can rest assured that you will have at least 300 prop markets at your disposal for the big game.
Additionally, BetMGM is traditionally big on March Madness, and let’s not forget that this year we will have Winter Olympics. All of this provides excellent opportunities for users in New York and BetMGM is leading the way. Check out all the latest news about New York here -> NY Sports Betting.Access BetMGM NY >