- Jan 11, 2021 “New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting we aim to keep millions of dollars in revenue here at home, which.
- New York Governor Andrew Cuomo wants mobile sports betting to be run through the state, just like the lottery system. Cuomo believes that mobile sports betting could bring New York $500 million in tax revenue. The New York Senate Committee on Racing, Gaming, and Wagering passed bill S1183 on T.
- Nys Sports Betting Update
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- Nys Sports Betting
- New York Mobile Sports Betting
- Legal Sports Betting In Ny
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Sports betting is legal in New York due to a referendum approved by voters in 2013 permitting the state’s four upstate commercial casinos to operate retail sportsbooks pending a change in federal law. The Supreme Court took care of that with its landmark ruling against PASPA in 2018. “New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting, we aim to keep millions of dollars in tax revenue here at home.
Nys Sports Betting Update
The history of all major sports run through New York.
From the most decorated MLB franchise in the New York Yankees to storied organizations such as the New York Knicks of the NBA, the Empire State takes claim to 10 teams across the four major professional leagues in North America.
Now, folks in New York can legally bet on those franchises — at retail sportsbooks, at least.
As it has been since 2019, when regulated brick-and-mortars began cropping up in New York, legal wagering in the state is limited to physical sportsbooks located at four commercial casinos and seven tribal casinos.
Lawmakers and stakeholders have long fought for the addition of online sports betting in New York. To this point, though, each attempt has been rebuffed, thus creating quite the restriction on the industry.
Not all is lost for bettors in the state, however. Nearby New Jersey boasts a host of betting apps that New Yorkers can download at home before using to place wagers while physically located in the Garden State.
Certainly, though, the fight to integrate NY online sports betting will continue — hopefully with a happy ending.
Sign up at these online sportsbooks in NY and bet in NJ
New York has a long history with betting on live events, but current leadership doesn’t seem very open to online sports betting. Here’s everything you need to get informed on New York online sportsbooks.
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Most Likely NY Online Sports Betting Sites
As stated above, sports betting websites aren't gaining traction with Governor Andrew Cuomo. Most recently, in January 2020, Cuomo left online sports betting out of his proposed budget for the 2021 fiscal year. Still, the top sports betting sites in other adjacent states wouldn’t have much trouble bringing their business to the NY market.
Here’s a list of some of the top sports betting sites in states like PA and NJ. The New York market is huge and lucrative. Once New York online sports betting becomes legal, we expect these nearby operators to jump at the chance to have a piece of the NY market.
FanDuel
Fanduel began offering online sports betting as soon as it was legal. Initially an online fantasy sports provider, Fanduel is currently offering a fully-fledged online sports betting app in New Jersey, so it’s not a stretch to imagine they’d offer betting to NY residents if legal.
Still, if you’re 21+ and physically in NJ, you can get online and bet with Fanduel. Here’s hoping that NY state law changes, and one won’t have to travel to NJ just to bet.
Caesars
Caesars is one of the best-known names in casino gaming across the country. Now that sports betting is legal on a federal level (more on that in the FAQ), Caesars has successfully entered the online sports betting market in NJ. Caesars will therefore likely be a candidate for an online sportsbook in NY, though most states require sportsbooks to have a physical location or partner with one before going online.
Still, this is all speculative. If and when Caesars does offer New York online sports betting, expect great promotions and a well-designed app. Users can get a ton of welcome offers and bonus promotions with the celebrated Caesars online sports betting app.
DraftKings
DraftKings, like Fanduel, was a major player in the US fantasy sports market before sports betting became legal on a federal level. Now offering sports betting in NJ, it’s expected that DraftKings will also attempt to get into the NY market as soon as it’s legal.
bet365
Bet365 is one of the newer players in the US-based sports betting market, but their fresh take on betting is getting more popular by the day. Though New York online sports betting isn’t legal yet, it’s expected that bet365 will attempt to get in on that market. Bettors in NJ will get $100 of bet credits with their first account, and a similarly worthwhile bonus will probably come with the New York online sportsbook.
Rivers
Rivers Casino was the first place to offer any kind of sports betting in New York. It’s a fantastic destination in Schenectady, a little over two hours from the heart of Manhattan.
If you’re looking to bet on your favorite sports at a well-known casino destination, then Rivers is for you. Plus, when New York online sports betting does become legal, we expect Rivers to be one of the first to release an online sports betting app.
Rivers is already offering online sports betting in Indiana and Pennsylvania. What this means for NY bettors is that Rivers will likely be releasing this BetRivers platform in the Empire State when legal changes allow it.
New York Betting Laws
The Empire State legalized limited sports betting in June of 2019, with facilities allowed to open physical locations upstate. With a few restrictions in place, sports betting went forward smoothly, and bettors are hoping for an expansion of their options, including online play. The NY Gaming Commission regulates all legal gambling including lottery, horse racing, and charitable gaming. However, Governor Andrew Cuomo has consistently dug in his heels about any form of online gambling.
In numerous interviews and press releases, the current Governor of NY has stated in no uncertain terms that he does not support and will not support online gambling. There’s quite a stir in the NY legislature, with several senators attempting to revise and champion new bills to offer New York online sports betting. Still, the Governor does not seem willing to budge-- his term is over in 2022, but he may plan to run again.
States where you can already place an online sports bet today :
Updated on :
Colorado Illinois Indiana Iowa Michigan Nevada New Jersey Pennsylvania Tennessee Virginia West Virginia
New York Online Sports Betting: Events and Betting Markets
If and when New York online sports betting goes legal, betting will be available on everything from the Super Bowl to international sports. Most of the top sports betting sites offer bets on MMA, soccer, football, and more.
Bettors will be able to bet on the World Cup, the World Series, and most of your favorite midseason games. Still, New York online sports betting laws will likely follow the laws for physical sportsbooks, meaning bets on NY college teams will be unavailable.
Common Types of Bets
When you’re betting on sports, there are a few things you need to keep in mind. First and most important is how to read betting odds.
Moneyline or a totals: a bet is being placed on the preferred team or athlete to outright win the event. The moneyline is displayed in negative or positive values, and in US betting refers to the amount you could win per $100 wagered.
For example, imagine a hypothetical event between Team A and Team B. Team A’s moneyline reads -200. This means that they’re the team favored to win.
If you place a bet on Team A to win, you’ll have to wager $200 to make a profit of $100. If Team B is the underdog at a +200 betting odds, a wager of $100 will make a profit of $200.
Other common types of bets include:
Parlays: where you spread your risk over more than one event or match.
Futures: where you bet on singular events within the game.
Make sure to read into betting odds and get educated on favorite teams before risking real money on a bet!
Most Popular Sports to Bet On
In New York, baseball, basketball, and football are the reigning champions of most watched sports in the state. Still, the top sports betting sites will offer everything from pro sports to collegiate events to darts!
MMA fans will find a home on these sports betting websites, too. In some cases you’ll even be able to bet on international events like tennis matches, World Cup soccer, and Aussie rules football.
There are some state-specific restrictions to sports betting, however. As it stands in late 2019, bets on any New York state college teams (like Syracuse or Fordham) are not legal, and it’s expected that this will carry over to online bets.
Popular New York Events
- Subway Series
- Super Bowl
- World Series
- Stanley Cup
- March Madness (betting on NY colleges is not allowed)
Best Teams to Bet On
The New York team with the best overall record is, of course, the famed New York Yankees. The Brooklyn Nets are getting a great footing, and the Rangers are still one of the best teams in hockey. Bet on these and more as soon as New York online sports betting goes legal!
Common Payment Options
New York online sports betting should likely offer some of the following common payment and withdrawal options:
- PayPal
- ACH/eCheck
- Prepaid Card
- PayNearMe
- Cash @ Cage(for Rivers Casino)
- Check
NY Online Sports Betting FAQ
Are sports betting sites legal in the United States?
In short, yes-- sports betting sites are legal in the US, but each state has to individually legalize them. So far, legal online sports betting has become available in Nevada, New Jersey, Pennsylvania, Rhode Island, Iowa, Indiana and West Virginia.
What do I need to register at an online betting site in New York?
When online betting does go live in New York, you’ll need a valid photo ID, a Social Security Number, and a device to access the sports betting websites.
Most websites will allow you to register online using your SSN or ID number. In some states, however, you’ll have to physically visit the sportsbook of your choice to create an online account.
It’s uncertain how and when New York online sportsbooks will be implemented. Still, any legal online gambling in the US is state-based, so you’ll have to be physically in the Empire State to use a NY-branded app or website.
Is it safe to deposit money at sports betting sites in New York?
Nys Mobile Sports Betting
As of late 2019, it’s still not legal to offer online sports betting in the Empire State. So, if a website is offering sports betting online for real money in NY, it is not legitimate and should be avoided.
Check back regularly for more information on the world of New York online sportsbooks -- though the Governor is not open to the idea, things can change in a matter of days. We’ve seen states previously opposed to any form of gambling implement sports betting, casinos, and more, so there is still hope for New York State.
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New York Mobile Sports Betting
Can I set betting limits?
Legal Sports Betting In Ny
All websites offering legal online sports betting apps will also offer cooling off periods and other ways to limit your account. In addition, the local Gaming Enforcement Division always offers help with problem gambling.
Final Thoughts on Betting in New York
Ultimately, a Cuomo win in 2022 means that we won’t see New York online sports betting until at least 2026. This sounds dire, but there’s every possibility that Sen. Addabbo and others couldn’t sway the Governor’s opinion in the opposite direction.
Nys Sports Betting
Still, having legal sports betting is a great boon to local economies, so there’s always hope that legal opinion will change. Additionally, there may be a gubernatorial shift in the 2022 election, so that might open the door to legal New York online sports betting.