Bally Bet review New York
BallyBet Sportsbook at a glance
|🏢 Casino Name||Bally Bet|
|↩️ Payout Percentage||98.43%|
|💸 Payout Days||1-3 days|
- BallyBet parlay promos are unique
- Customer service agents available by phone
- Excellent graphics
- Very easy to sign-up and open an account
Preview of BallyBet Sportsbook
BallyBet sportsbook review
BallyBet Sportsbook is one of the nine New York sportsbooks to move online in 2022. We’ve been really impressed by a lot of things at this sportsbook, namely their excellent customer support and high-quality security. Currently, BallyBet is available exclusively as an app and you can read our full review below, but we’ll just say we had a good first impression. We’ll cover the sports on offer, what promotions you can expect and more in this BallyBet review.
Sports markets and bet types
There are 12 different types of sports offered: baseball, pro and college men’s basketball, NFL and college football, golf, hockey, tennis, NASCAR, WNBA basketball, table tennis and soccer. The bet types include over/unders, spread bets and moneyline bets. Curiously, futures bets on things like who will win a particular championship are not offered which is unusual. Many gamblers do enjoy parlaying a number of over/under win totals with BallyBet prior to the NFL season though. That’s because hitting one of these multi-leg parlays can be quite lucrative.
It is our hope that as the operation grows, it will build out more bet types because of their mass appeal. The most popular sports for Americans include football, baseball, basketball and hockey. They even offer odds on smaller European soccer leagues, so there’s something for everyone here.
Bonuses and promotions
Overall, the promotional offers are a little disappointing, but we do see offers here that we haven’t seen elsewhere. For example, there’s a consolation prize of a $25 bonus bet if a four-leg or greater parlay contains only one loss. There are no sign-up bonuses or refer-a-friend bonuses, which is strange because those bonuses are how the other eight New York sportsbooks are drawing a great deal of their customers. The parent company is deep-pocketed, so we’re hoping to see some changes in this area soon.
There are only two different ways to deposit funds: ACH eCheck and debit cards. The money is available for wagering almost immediately but this is still far fewer payment options than most sportsbooks offer. Both of these options are safe and secure and are vetted by different state wagering commissions. The withdrawal time averages three to five business days, and it’s important to note that withdrawal funds can only go to ACH eCheck.
The minimum deposit is $10 depending on type of payment method, and the maximum is $5,000. Any withdrawal of $10,000 or more will be immediately reported to the IRS in accordance with US banking laws. We weren’t that impressed by BallyBet’s banking options for New York bettors.
Security and fair play
BallyBet is owned by primarily by Standard General LP, a hedge fund headquartered in New York. BallyBet uses TLS encryption to protect users’ information, so you can bet safe in the knowledge that your data and banking details are in good hands. All licensed U.S. sportsbooks have to pass our 25-step review process too.
As BallyBet is currently only available as an app, we’ve reviewed this very carefully. If you navigate around the app you’ll find the 12 sports on offer here and be able to select your bets. The limited number of promotional offers are near the top of the screen and live events are easy to find. Otherwise, screen navigation is similar to what we see at other NY sportsbooks. It’s available for both iOS and Android which is a big tick from us. It’s a nice touch that the amount of money in your account is listed at the top right-hand corner of the screen so you’ve always got a view of what’s left to play with. While there is room for improvement, the app is on the whole a good option.
BallyBet is a good standard sportsbook for players looking to start their betting journey. We liked the interface and the feel of the app, which is a plus seeing as there is only an app and no website. We also think the range of sports available was good and covers all the big American favorites.
There is still room for improvement though and we did think the lack of banking options was disappointing compared to their competitors. There was also a lack of bonuses and promotional offers available that so many players look for when they’re signing up.
The best feature by far is the ability to reach customer service on the phone, giving it a nice personal touch. It remains to be seen whether BallyBet will build a desktop version, but for now it’s exclusively for smartphone users. The app is a great option for players in New York and we think we'll see a lot more from the sportsbook in the coming months.