The Sweet 16 has finally arrived and we’ve compiled the five best NY sports betting promos for this round of the 2022 NCAA Tournament. These promos include risk-free bets, a bonus, and odds boosts for new users who plan on betting on the tournament.
Below you will find our picks for the five best NY sports betting promos for the Sweet 16. These promos are available in a number of states where online sports betting is legal.
The 5 Best NY Sports Betting Promos for NCAA Sweet 16 Action
Each of these offers provides fantastic value. Given the diversity of the offers available, new users can choose the best promo for them. In fact, multiple new user promos could be enticing enough to sign up for. Let’s take a closer look at the best NY sports betting promos.
Caesars Sportsbook Offers $1,100 Risk-Free Bet or Bet $20, Get a $200 Bonus
The folks at Caesars Sportsbook have two great new user promos for bettors to choose from. The first offer is the biggest risk-free bet in the business. Players can wager up to $1,100 on any game or player market risk-free. That means if a bettor’s first real-money wager loses, Caesars Sportsbook would issue up to $1,100 in a site credit refund. This bonus would appear as a Free Bet, which players could then use on another game.
The second offer is a total no-brainer. Bettors who choose to Bet $20, Get a $200 bonus will turn a $20 bet into a $200 bonus as long as their team scores a point. It is absolutely inconceivable that a team in the NCAA Tournament would be held scoreless in a game. As such, bettors looking for a no-brainer promo should strongly consider this offer.
Bet $5, Win $200 If Your Team Wins with DraftKings Sportsbook
DraftKings Sportsbook has the largest odds boost for March Madness. Prospective bettors who sign up via the link above or below will get a 40-1 odds boost. Players can use this 40-1 odds boost to replace any Sweet 16 team’s moneyline odds with boosted +4000 odds.
There are no odds restrictions on this promo, so a bettor could potentially wager on the heaviest favorite in the field or place a bet on a big underdog. While there’s always the chance of an upset, the smarter play would be to bet $5 on a heavy favorite like Gonzaga or Purdue.
Click here to Bet $5, Win $200 if your Sweet 16 team wins with DraftKings Sportsbook.
Get a $150 Instant Bonus and Bracket Parlay Insurance from FanDuel NY Sportsbook
Any bettor looking for an instant bonus needs look no further than this Sweet 16 offer from FanDuel New York. Prospective bettors must simply sign up, make a $10+ deposit, and wager $5 on the moneyline bet of any NCAA Tournament team. As soon as the bet processes, FanDuel NY Sportsbook will issue the $150 bonus. Once the bonus is credited to the user’s account, the player will have the chance to bet on any game or player prop in the app.
FanDuel also has a bracket parlay insurance promo for all users. Bettors who opt-in and place a qualifying 3+ leg parlay bet on the tournament can get up to $25 back if exactly one leg of the parlay loses. Each leg of the parlay must have final odds of -200 or greater, while the final bet’s odds must be +400 or longer.
Click here to get a $150 instant bonus from FanDuel Sportsbook NY.
Bet $10, Win $200 Three-Pointer Bonus from BetMGM
There is a sensational three-pointer bonus offer available from BetMGM. Any player who signs up will get a 20-1 odds boost on any team in the Sweet 16 to make a three-pointer. As long as a team does, which it will, users will earn a $200 bonus.
To get started, bettors must sign up, make a $10+ deposit, and place a $10 moneyline bet on any Sweet 16 team. If team wins, the player will earn winnings on the $10 bet. If the team loses, but either team makes a three-pointer, the $200 bonus will still convey. This is a virtual lock to hit, giving bettors the chance to earn a 20x multiplier on their initial $10 bet.
Click here to Bet $10, Win $200 if any team makes a three-pointer with BetMGM.
PointsBet NY Offers Up to $2,000 in Risk-Free Bets
PointsBet has a pair of risk-free bets available to new users who sign up for a new sportsbook account. The first risk-free bet can be used on any straight bet. This risk-free bet will back a user’s first real-money wager on the NCAA Tournament with up to $500 in site credit.
The second risk-free bet is tied to the exclusive PointsBetting feature. New users can place a PointsBetting wager of up to $1,500 and get back up to $1,500 back in site credit if their bet loses. This is an interesting feature that gives players the chance to bet on prop bets that can convey a bonus regardless of how close a game is. For example, a player could wager $1 on a player to score over 15 points. If the player scores 18 points, the player would earn a $3 bonus. If the player were to score 10 points, the player would owe $5 ($1 for every point the player fell short of 15 points).
Get up to $2,000 in risk-free bets from PointsBet NY when you click here.