HedgeMath

New York sign-up offers, ranked by value

What every New York sportsbook's sign-up offer is worth when you hedge it, how much cash it needs, and a step-by-step plan for each. Ranked by what each offer is worth when hedged at typical prices, not by how likely you are to win.

Best value this week

BetMGM

First bet back as bonus bets if it loses, up to $1,500

Calculated value
$672
Cash you need
$4,900–8,030
See the step-by-step plan
1
BetMGM Second-chance bet

First bet back as bonus bets if it loses, up to $1,500

Calculated value
$672
$617–778
Cash you need
$4,900–8,030
one step at a time
Return on cash used
10%
checked 2026-10-04
2
Fanatics Bet and get bonus bets

Bets matched in FanCash, up to $100 a day for 10 days ($1,000 total)

Calculated value
$650
$620–708
Cash you need
$311–420
one step at a time
Return on cash used
178%
checked 2026-10-04
3
theScore Bet Second-chance bet

First bet reset: first bet back as bonus bets if it loses, up to $1,000

Calculated value
$448
$412–518
Cash you need
$3,266–5,353
one step at a time
Return on cash used
10%
checked 2026-10-04
4
FanDuel Bet and get bonus bets

Bet $5 a day for 5 days, get $50 in bonus bets each day ($250 total)

Calculated value
$174
$168–184
Cash you need
$155–210
one step at a time
Return on cash used
95%
checked 2026-10-04
5
Caesars Profit boost tokens

Bet $1, get ten 100% profit boost tokens

Calculated value
$141
$134–156
Cash you need
$146
one step at a time
Return on cash used
97%
checked 2026-10-04
6
Bally Bet Bet and get bonus bets

Bet $50, get $200 in bonus bets (four $50 bets), win or lose

Calculated value
$138
$133–146
Cash you need
$155–210
one step at a time
Return on cash used
75%
checked 2026-10-04
7
DraftKings Bet and get bonus bets

Bet $5, get $150 in bonus bets, paid as $50 a week

Calculated value
$105
$102–111
Cash you need
$155–210
one step at a time
Return on cash used
57%
checked 2026-10-04
8
BetRivers Second-chance bet

Second-chance bet: first bet back as a bonus bet if it loses, up to $100

Calculated value
$45
$41–52
Cash you need
$327–535
one step at a time
Return on cash used
10%
checked 2026-10-04

Calculated value at the terms and typical prices shown, not a promise. Odds change, and books can limit or void bets. Offers change often and vary by eligibility: confirm the current terms at the sportsbook before you sign up.

How we calculate: every offer is hedged at a typical market taken from our own odds data across 8 New York sportsbooks (Sep 23 to Sep 30, 2026): bonus bets on about +435 converting at a median 70% (range 68–74%). "Cash you need" is the most of your own money tied up at once if you place one step at a time, with hedges of at most 5 times the stake. "Return on cash used" is calculated value divided by that cash.

Only open an account if you were going to bet anyway, and never bet more than you can afford to lose.

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