Bet $5 To Win $280 On The Super Bowl With This FanDuel New York Sportsbook Promo

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The FanDuel New York sportsbook app went live in January, and from Jan. 31 through Super Bowl Sunday, the sportsbook is offering a special promo for new users:

If you bet $5 on either the Rams or Bengals to win Super Bowl 26, your potential payout is $280. That’s a bet at 56-to-1 odds, corresponding to this edition of the Big Game. The winnings would be paid in cash, meaning the money is immediately withdrawable.

To claim the offer, follow this link, register, make a deposit, and place your first wager on the Rams or Bengals to win Super Bowl 56. All winning bets will be paid within 72 hours.

Bet $5 to win $280 on the Super Bowl at FanDuel here

FanDuel Live In New York

New York’s sports betting industry launched on Saturday, Jan. 8. Bettors no longer have to drive to a casino or travel to an adjacent state to place sports wagers online or on their mobile phones. They may now do it from the comfort of their home or wherever they may be.

While FanDuel’s current promo offers a $280 payout on a winning $5 on the Super Bowl, the sportsbook may revert back to offering a $1,000 risk-free after the NFL season concludes.

Online sports betting will be convenient for bettors and lucrative for New York, with a high tax rate for operators to increase revenue for the state.

FanDuel New York Promo Code Launch Offer

Click here for the chance to win $280 on a $5 bet 

FanDuel will pay new customers $280 in cash on a winning $5 Super Bowl bet.

You won’t be alone when registering for FanDuel in NY. It is reported that New York’s mobile betting launch weekend was the most successful since the Pennsylvania launch two years ago. Over 5.8 million transactions were tracked within the first day of mobile betting.

FanDuel New York Launch News

On Thursday, January 6, FanDuel was one of four sportsbooks to receive approval to launch as early as January 8. Senator Joseph Addabbo’s office released a statement praising the authorization of these brands:

“Today’s announcement by the New York State Gaming Commission that four of the nine licensed Mobile Sports Wagering Operators have been approved to begin operations starting on Saturday, January 8, 2022, is great news for New York in terms of revenue, new funding for education, addiction programs, and youth sports, as well as new jobs,” wrote in a press release on Thursday.

FanDuel NY also announced a multi-year partnership with the Buffalo Bills. This deal allows FanDuel to use Bills marks and logos, and FanDuel will market itself on Bills TV, radio, and signage at Highmark Stadium.

“The Bills take pride in being a culture that is built on genuine connection with their fans, and we are absurdly fan-focused at FanDuel, making this a natural collaboration,” said Mike Raffensperger, CMO of FanDuel Group.

FanDuel went into its New York launch with a new state team to leverage. This partnership came just in time for FanDuel to begin the race to capture market share and cement itself in the New York market.

New York’s Significance

New York’s mobile sports betting launch is a big deal for the sports betting industry. It’s the largest state by population to legalize mobile sports betting. Because mobile sports betting accounts for the overwhelming majority of sports wagers, mobile sports betting legalization will allow New York to maximize its profits from sports betting.

However, New York sports betting industry’s estimated $1 billion market value comes at a price. New York also charges operators a 51% tax rate. In an industry where profit margins can range from 4-5%, New York will test operators’ abilities to remain profitable.

Finally, New York is the next major market in an area of the country becoming a gambling entrepreneurship hub. New York is next to New Jersey, which is one of the most mature gambling markets outside of Nevada. Bettors are experienced and new companies can benchmark themselves against serious competitors. It’s no wonder that startups like Sporttrade and Prophet Exchange are launching in New Jersey first.

New York’s financial markets could make it a major investment center for new sports betting companies, too. Its proximity to New Jersey startups and new operators in New York could attract new investors to the gambling industry.

About the Author
Dan Holmes

Dan Holmes

Writer and Contributor
Dan Holmes is a writer and contributor for Gaming Today with plenty of experience under his belt. Dan has written three books about sports and previously worked for the National Baseball Hall of Fame and Major League Baseball. Currently, Dan is residing in Michigan with his family.

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