NY Sports Betting: Unbiased Review & Analysis (2023)
New York’s sports betting industry has a rich history and is now thriving with recent legalization. New York, as one of the largest sports markets in the United States, provides numerous opportunities for legal betting. In this article, we explore the history, regulations, popular sports, and legal boundaries of sports betting in the state. We also provide guidance on getting started, including registration and available platforms. Additionally, we cover banking options for deposits and withdrawals. Join us as we dive into the exciting world of NY sports betting and uncover its potential.
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New York Sports Betting History
Sports betting in New York has a long and complicated history. In 2013, the state passed a law allowing for sports betting at four upstate casinos. However, the law was challenged and ultimately overturned in court. In 2018, the Supreme Court struck down a federal law banning sports betting, opening the door for states to legalize the industry. In 2019, New York passed a law legalizing sports betting, but only at the four upstate casinos and a handful of tribal casinos.
New York Sports Betting Rules and Regulations
Sports betting New York is regulated by the New York State Gaming Commission. You must be geographically in the territory and be at least 21 years old to place a wager. Online betting is allowed, but only through approved providers. Bettors must register for an account in person at a licensed casino or sportsbook.
Popular Sports for Betting in New York State
New York sports fans have plenty of options when it comes to betting on their favorite teams. Some of the most popular sports for betting in the state include:
- Football – both college and professional.
- Basketball – both college and professional.
- Baseball – Major League Baseball.
- Hockey – National Hockey League
- Boxing and mixed martial arts
Top NY Online Sportsbooks
Let’s take a closer look at the nine sportsbook apps currently available in NY Sports Betting:
BetMGM Sportsbook NY: Enhanced Betting Flexibility
BetMGM Sportsbook NY offers unique features like the Edit My Bet option, allowing users to modify open wagers by adding choices, swapping selections, or increasing the bet amount.
BetRivers Sportsbook NY: Extensive Parlay Options
BetRivers Sportsbook NY provides an extensive range of parlay options, including adding parlay legs from the same game, Jackpot Parlay, and the ability to make parlay teasers for improved winning chances. It also offers a rewarding loyalty program called iRush Rewards.
FanDuel Sportsbook NY: User-Friendly Interface and Live Feed
FanDuel Sportsbook NY, a top-rated sportsbook, combines user-friendly navigation with frequent promotions. It also offers a live feed feature, allowing users to track their bets through real-time game updates.
Caesars Sportsbook NY: Deep Betting Markets and Rewards
Caesars Sportsbook NY features a wide range of betting markets and odds boosts. It boasts a comprehensive rewards program, including free bets, birthday month bonuses, and other enticing offers. This sportsbook is quite popular in NY online sports betting.
DraftKings Sportsbook NY: Personalized Betting Experience
- DraftKings Sportsbook NY offers a personalized betting experience with its dynamic betting carousel, presenting relevant bets based on user preferences and betting history. It provides a seamless app experience across different states.
PointsBet Sportsbook NY: Unique Points Betting Option
PointsBet Sportsbook NY stands out with its signature wager called Points Bet, where the payout is determined by the discrepancy between the actual margin of victory and PointsBet’s estimate. It also offers frequent refunds for unexpected game outcomes.
BallyBet Sportsbook NY: User-Friendly Interface and Social Features
BallyBet Sportsbook NY provides an intuitive and user-friendly app interface. It offers a social element, allowing users to see and interact with friends’ bets, form leagues, and adopt friends’ bets with a single click.
WynnBet Sportsbook NY: Quick Navigation and Rewarding Program
WynnBet Sportsbook NY features a fast and intuitive app interface. It offers a rewarding loyalty program with a Rewards Store where earned points can be converted into additional bonus bets.
Resorts World Bet: Nascent Player in the NY Market
Resorts World Bet entered the NY market with its app, offering a range of sports betting options. While it may not be as flashy as other competitors, it maintains speed and simplicity, with an alphabetical list of events for easy browsing.
What cannot be wagered in New York?
While sports betting NY allows betting on a wide range of sports, there are some restrictions. Betting on high school sports, as well as on college sports taking place in the state, is prohibited. In addition, bets on individual player performances in college sports are not allowed.
TOP NEW YORK SPORTS BETTING
New York Sports Betting Bonuses
- BetMGM Sportsbook NY: BetMGM offers various promotions and bonuses to New York bettors, such as a welcome bonus or risk-free bets.
- BetRivers Sportsbook NY: BetRivers provides bonuses for new customers, including a deposit match bonus or risk-free bets.
- FanDuel Sportsbook NY: FanDuel offers enticing bonuses, including a welcome bonus or free bet promotions.
- Caesars Sportsbook NY: Caesars Sportsbook provides bonuses to new players, such as a deposit match bonus or free bets.
- DraftKings Sportsbook NY: DraftKings often offers promotions like a sign-up bonus, deposit match, or free bets to New York bettors.
- PointsBet Sportsbook NY: PointsBet may have bonuses available, such as risk-free bets or deposit match offers.
- BallyBet Sportsbook NY: BallyBet may offer bonuses for new users, such as a welcome bonus or free bets.
- WynnBet Sportsbook NY: WynnBet provides various bonuses to New York bettors, such as a deposit match bonus or free bets.
- Resorts World Bet: Resorts World Bet may offer bonuses to new players in the form of a welcome bonus, deposit match, or free bets.
How to get started in New York sports betting?
Getting started in NY sports betting is a straightforward process. The steps are as follows:
- Choose a licensed provider: Select a reputable sports betting provider that is licensed to operate in New York. Popular options include FanDuel, DraftKings, and Bet365.
- Register for an account: Visit the website or download the mobile app of your chosen provider. Follow the registration process, which typically involves providing personal information such as your name, address, date of birth, and email.
- Verify your identity: In compliance with regulations, you may need to verify your identity. This often involves submitting a copy of your ID and providing additional documentation for address verification.
- Deposit funds: Once your account is created and verified, it’s time to fund your account. Choose from the available deposit methods, such as credit/debit cards, online payment services like PayPal, or bank transfers.
- Explore available bets: Navigate through the sports and events offered by the provider. You can find a variety of betting options, including moneyline bets, point spreads, over/under totals, and more.
- Place your bets: Select the sports event and specific wager you want to place in online sports betting NY. Enter your stake amount and click the “Confirm Bet” button. The provider will deduct the amount from your account balance.
- Withdraw your winnings: If you’re lucky enough to win, you can withdraw your funds. Check the available withdrawal methods provided by your sportsbook and follow the instructions to initiate a withdrawal.
New York Sports Betting Additional Bonuses
Sportsbook apps in New York offer various types of bonuses and promotions to enhance your betting experience. These bonuses can be categorized into three common types:
- No Deposit Bonuses: These bonuses are given to new players upon registration and require no initial deposit. You receive site credits that can be used for placing bets.
- Deposit Bonuses: When you make a deposit, the sportsbook matches a percentage of your deposit as extra funds. These bonuses can be substantial, with matches up to 100% and maximum rewards in the thousands of dollars.
- Odds Boosts: Sportsbooks offer odds boosts to increase the potential payout for specific wagers. The odds are adjusted in favor of the player, providing extra incentive to place the bet.
Banking options in New York Sports Betting
Deposits and withdrawals in NY sports betting are generally made through electronic transfer. Most providers accept credit and debit cards, as well as online payment services like PayPal and Skrill. Withdrawals may be subject to processing times and fees, so be sure to check with your provider.
Conclusion
New York sports betting has come a long way in recent years. With the legalization of the industry, sports fans in the state have more options than ever before when it comes to betting on their favorite teams. Whether you prefer football, basketball, baseball, hockey, or boxing, there is a provider out there for you. So, get started right away and see what all the entertainment is about!
Frequently Asked Questions (FAQs)
Yes, sports wagering is legitimate in New York. In 2019, the state legalized sports betting, and since then, several sportsbooks have been authorized to operate within the state.
Yes, you can bet on a wide range of sports in New York. From popular sports like basketball, football, and baseball to niche sports like soccer, tennis, and golf, there are numerous options available for sports betting enthusiasts.
Yes, online sports wagering is now legitimate in New York. The state passed a law in 2021 that allows online sports betting platforms to operate, giving residents the convenience of placing bets from their mobile devices or computers.
Yes, you must be at least 21 years old to participate in sports betting in New York. The legal age for gambling, including sports betting, is 21, and all operators enforce strict age verification procedures.
While New York allows a wide variety of sports betting options, there are some limitations. Betting on college sports involving teams from New York or amateur sporting events within the state is prohibited. However, you can still bet on professional sports and college events that do not involve New York teams.