Best New York Sportsbooks | Guide to New York Sports Betting 2024

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Online sports betting in New York is finally here! Thankfully we've put in all the hard yards for New Yorkers and brought all you need to know right here.

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  1. 2
    FanDuel Sports
    Established 2009
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  2. 3
    BetMGM Sports
    Established 2018
    More Details
  3. 4
    Caesars Sports
    Established 2013
    More Details

Latest Updates for Sports Betting in New York

On November 8, the New York State Gaming Commission (NYSGC) approved nine sportsbooks to launch in the state and bettors have waited patiently for the green light to start placing their online wagers. The New York online betting launch finally happened on Saturday, January 8, 2022.

And what a launch that was! According to GeoComply, in just 12 hours since the Empire State went live with online sports betting, it became the number one state for sports betting in the whole of the United States! With its numbers superseding those of larger states like PA. New York is the nation’s fourth most-populous state, but has become the largest state in the nation with mobile sports betting! (Note the three most populous states don't have legal wagering)

Right now there are many betting sites and apps active in New York. However. They “continue to work towards satisfying statutory and regulatory requirements necessary to launch and will be approved on a rolling basis when requirements are met,” the commission said in a news release.

So now, here is all the important info you need about NY online betting and more right here on this page. Along with our exclusive promo offers for each New York sportsbook. You can navigate to specific sections you're interested below.


 



Best New York Sportsbooks for You


Best NY Sportsbook Overall:Caesars New York SportsOutstanding Betting Experience
Best NY Betting App: DraftKings New York Unique Navigation & Simplicity
Fastest New York Cashouts: BetMGM NY sportsbook Same-day Cashouts
Best Betting Odds: DraftKings NY sportsbook Great Odds Boosts
Best In-play Selection Caesars NY Sportsbook Live Bets + Streams

Which is the Best NY Sportsbook? 

NY sportsbooks are here so you can finally enjoy mobile sports betting in the Empire State. But which New York online sportsbooks should you choose? Do you want a wide choice of sports to bet on or an in-play lobby bursting with markets? Perhaps you’re interested in long-term futures bets or you want to bet on more unusual markets such as e-Sports and overseas soccer. 

We've surveyed the upcoming new betting sites to see which offers the best odds and hottest markets in NY. We also look out for top welcome bonuses that guarantee a perfect start to your sports betting adventure.


NY Sportsbooks Comparison Table 


SportsbookDraftKingsFanDuelPointsbetCaesarsBetMGMWynnBetBetRivers
Credibility5545544
App Experience4434444
Betting Options5534544
Live Betting (in-play)5534544
Same Game Parlays4453444
Free Bets & Promos5454554
Odds/Lines4435544
Cashouts4444544
Support4534533
OUR REVIEW SCORE90%80%66%75%84%72%70%


How We Rank NY Online Sportsbooks

We give all the New York sportsbooks a thorough check under the hood before calculating our scores. Our team reviews everything from betting options and banking methods to in-play markets and customer support.Compare our scores above: ratings of 1 as lowest to 5 for the best sportsbook feature in town.
 

How easy is the mobile app to download and install? Does it work on both Android and iOS devices? We check all NY betting apps to ensure they do their job, without lag. As well as usability and finability of lobbies, markets, odds and betslips.



 

The Top New York Mobile Betting Sites & Welcome Promos

The New York State Gaming Commission has approved odds providers to provide legal mobile betting along with New York Sportsbook promos to its residents. So sports bettors can now place their bets from their smartphones on live events like NFL’s Super Bowl, NBA Finals, Stanley Cup and more Caesars, FanDuel, DraftKings, BetMGM, and Betrivers went live between Jan 8-10, 2022.


Caesars New York Sportsbook


Caesars sportsbook

A Quick Look at the Caesars Betting App

Caesars Sportsbook is a familiar name to most Americans, and recently it has rebranded all of their William Hill apps as Caesars Sportsbook apps. In New York, it already had an established partnership with one of the local tribal casinos, so it’s not surprising that this brand is one of the nine sportsbooks offering services to NY bettors. Its welcome offer is one of the biggest we've offered - ever.

Caesars acquired UK betting giant William Hill and the mobile UI is virtually identical. Use the quick links at the foot of the app to get straight to sports, promos or your betslip. Plus, you can bring up all current profit boosts and odds boosts with a single tap. Overall, Caesars offers a very dynamic mobile betting app.

How to Get the 3-part Caesars NY Promo Offer

  1. Click VISIT SITE on our banner to claim this offer (which is only for our users)
  2. Use our promo code when you're creating your account
  3. Fill in your personal details as required, plus your new Caesars login info
  4. Make your first deposit 
  5. Enjoy your Caesars NY sportsbook experience!

This offer below is only available for our site users!

Pros
  • Best New York sports betting sign up bonus by far
  • Excellent Caesars Rewards scheme for VIPs
  • Plenty of odds boosts and profit boosts
  • Top user experience
Cons
  • Bonus funds release can be sluggish


 



BetMGM New York Sportsbook


  • Live Since: Monday, January 17, 2022
  • Best For: Overall mobile betting experience, available in 18 states
  • Closest Competitor: WynnBET NY
  • Awards: BetMGM was one of the big winners of the 2021 SBC Awards North America.
  • Review: BetMGM New York Sportsbook


Caesars sportsbook

What We Think of the BetMGM Betting Site experience

Another powerhouse sports betting brand included in the Betfair application that was given the green light to operate in the State, is BetMGM Sportsbook. BetMGM offers one of the best overall NY sportsbooks around. We love the interface and the easy betslip that automatically calculates odds as you go. The Easy Parlay function is a new addition that’s perfect for mobile users. See all the day’s big games across NFL, NBA and NHL and add them to your parlay with a few taps.

BetMGM NY will make betting on your favorite sports a breeze. The downloaded app will closely resemble the one currently available in states such as New Jersey. Use the carousel to swipe along to your chosen sports, and tap the A-Z Menu to bring up all available markets. You’ll also be able to follow the game through the in-app graphic visualizer.

Sign up through our banner link using our promo code. However, keep in mind that no second-chance first bet when you register is currently available. There might be another ongoing promotion available, and it might be triggered as soon as you place your wager. You will need to use our promo code.

Pros
  • Overall best mobile betting app experience
  • Successful launches in multiple US states
  • Large range of sporting markets
Cons
  • Horse racing app available separately
  • No retail sportsbook yet open in NY

 



 


DraftKings New York Sportsbook


  • How to Claim Exclusive Promo: Click VISIT SITE on our banner and sign up
  • Best For: Rewards/VIP Scheme
  • Closest Competitor: FanDuel NY
  • Player Response: Dominant in other legal betting market, including NY neighbor states.
  • Review: DraftKings New York Sportsbook


DraftKings sportsbook

DraftKings NY Betting Experience

You can install an Android app directly from the DraftKings website. Alternatively, point your smartphone toward the App Store to get an iOS app. You’ll have to download and install the app if you want to bet on sports through your device. You use quick links to get straight to your favorite NFL, NBA or MLB markets. Alternatively, tap the LIVE tab to bring up all current in-play markets. You can earn loyalty ‘crowns’ every time you bet on sports and receive tailored benefits including personalized DFS contests.

How to Get the DraftKings NY Promo Offer

  1. Click HERE or on our banner to claim this offer when you create your account
  2. Fill in your personal details as required, plus your new DraftKings login info
  3. Make your first deposit 
  4. Start betting on any DraftKings NY odds!

 

Pros
  • Established DFS and sports betting brand
  • Polished mobile app with great interface
  • Lots of seasonal promotions including NFL
  • Good Loyalty Rewards Scheme
  • Excellent signup bonus for new players
Cons
  • Maximum deposit limits are low

 



 


 BetRivers New York


  • Best For: Software
  • Closest Competitor: BetMGM
  • Partner: Rivers Casino Schenectady - first NY sportsbook to accept a legal sports wager.
  • NY Player Response: May warm to a mobile sportsbook with brick n' mortar partner
  • Review: BetRivers New York Sportsbook

Betrivers is one of Maryland online sportsbooks launching in 2022

BetRivers is powered by Rush Street Interactive and Kambi which also runs the sportsbook at SugarHouse. In New York, however, BetMGM would be its closest competitor. The software is by far and away BetRivers NY’s biggest selling point. Powered by Rush Street Interactive, the BetRivers mobile app is already a very popular NJ casino app. You’ll be able to pre-register at the BetRivers NY site before the mobile software goes live on January 8.

A Quick Look at the BetRivers Betting App

The BetRivers mobile app isn’t to everyone’s taste but it does offer no-nonsense sports betting for NY gamblers. You’ll be able to download an app for iOS or Android but both may be available directly from the BetRivers website to begin with. As with other regulated BetRivers apps, the NY sportsbook will make it easy to place bets, make deposits and find profit boosts. You’ll also be able to join the iRush Rewards program and track your loyalty points as you climb the tiers.

Pros
  • Excellent software by Kambi and Rush Street Interactive
  • Lots of regular offers including parlay boosts
  • Sports betting welcome bonus likely
Cons
  • Low maximum deposit match on signup


 


 


FanDuel New York Sportsbook


  • Best For: Promos like money back on losing single game parlays
  • Closest Competitor: DraftKings NY
  • Player Response: Has a 40-55% market share with ready-made fantasy sports customer base.
  • Review: FanDuel New York Sportsbook

Fanduel sportsbook

The other daily fantasy sports heavy hitter included in Betfair's bid, FanDuel, will also be launching in New York in a couple of weeks, with a ready-made fantasy sports player base. It already has a presence. The company became a betting partner with Madison Square Garden, making it an official gaming sponsor of the New York Knicks and the Devils. You can also enjoy FanDuel retail betting through the Tioga Downs casino brand and it has plenty of experience when it comes to bringing mobile sports betting to customers, having already gone live in a number of states.

FanDuel New York sports betting app experience

The FanDuel mobile app is pretty indistinguishable from its online sportsbook. Browse the popular sports via the lobby carousel or cut straight to all available price boosts and betting specials with a single tap. You’ll also be able to bet live on many sports and follow the action via the game tracker.

How to Get the FanDuel NY Promo Offer

  1. Click HERE or on our banner to claim this offer when you create your account
  2. Fill in your personal details as required, plus your new FanDuel login info
  3. Make your first deposit 
  4. Start betting on any FanDuel NY

 

Pros
  • Owned by industry leader, Flutter Entertainment
  • Big second-chance bet bonus for new players
  • Excellent mobile app with lots of features
  • Also offers fantasy sports
Cons
  • Range of sports and markets could be wider

 


 


 



WynnBET New York Sportsbook


  • Best For: Wynn Rewards Program
  • Closest Competitor: BetMGM
  • NY Player Response: Players enjoy a wide range of betting markets.
  • Review: WynnBET New York Sportsbook

WynnBET was among the first brands to join the top NY sports betting sites. Its rewards program provides players with more value with every bet they place.

WynnBET New York Sports Betting App Experience

WynnBET performs flawlessly on mobile devices. You can access the platform by using a browser without needing to install any app. Still, if you want to quickly jump to your bet slip, there's an app available for both iOS and Android operating systems. You get all the features you'll find on the platform's desktop website.

How to Get the WynnBET NY Promo

  1. Click Bet Now on the banner below.
  2. Enter the required personal details in the registration form 
  3. Make the qualifying bet 
  4. Enjoy betting on the platform on your favorite sports.

 

WynnBET NY Pros and Cons

Pros
  • New York Jets Partners
  • Live streaming and in-play betting available
  • Reputable brand working with celebrity brand ambassadors
  • User-friendly app
Cons
  • Could cover more sports
  • Desktop version not available in all states

 


 



 


Bally Bet New York Sportsbook

 

Bally Bet is an online sportsbook that works just like most online betting sites. Users can wager online via the online sportsbook Bally Bet desktop platform as well as access the online sportsbook via the Bally Bet's app, which is available for iOS and Android users. 

A Quick Look at the Bally Bet Betting App 

While to some the Bally Bet app may not be all that impressive, we must say that it is more appealing than the online sports betting website. While it is similar, the app is formatted in a way that makes it easier to explore. Our only gripe is that the font sizes and the color scheme could be a bit tricky on the eye. Having made a number of acquisitions we expect Bally Bet to use the best features of the apps they have purchased to improve their own offering in the future.

Bally Bet NY Pros and Cons

Pros
  • Customer support
  • Mobile app offering
  • Second-chance bet welcome offer
Cons
  • Mobile app and desktop platforms are a bit bland

How to Choose The Right NY Sportsbook for You

Here’s your checklist for finding the right NY online sportsbooks for you.


 

  1. 1 – Good Odds & Betting Markets

    1 – Good Odds & Betting Markets

    It’s important to find competitive odds across the board. However, you need to find the right odds for sports you’re interested in. Look for a mobile New York sports betting app that offers markets in a range of sports and regularly enhances odds for the big games.

  2. 2 – Mobile Capability

    2 – Mobile Capability

    New York now has full legal mobile sports betting. But that doesn’t mean all online betting in NY will work on all devices. You’ll need an Android or iOS handset but always check that you are running the correct version of the OS before you start.

  3. 3 – Sports Betting Promotions & Bonuses

    3 – Sports Betting Promotions & Bonuses

    NY sportsbooks will likely launch offering big-money welcome bonuses to draw you in. Always do your research and make sure that the promotion is right for you. If that bonus bet deal only covers a sport you won’t bet on, it might not be right for you.

    Given the projected roll-out for mobile sports betting operators should come just in time to bet on Super Bowl LVI, we can certainly expect that there'll be no shortage of special promotions to celebrate the occasion. In the past, both FanDuel and DraftKings have offered enhanced odds, second-chance bets and other bonuses on the NFL showpiece and would likely do so again on this and other sporting events.

  4. 4 – Customer Support

    4 – Customer Support

    It’s important to get help if something goes wrong. Good customer support agents will be on call to help sports bettors in New York, many of whom may never have placed a bet online. Try to find a toll-free phone line alongside live chat and email support.

  5. 5 – Licensed and Regulated

    5 – Licensed and Regulated

    Having a regulator's stamp of approval means the New York app you're looking at has been vetted and complies with the strictest regulations to ensure your safety. Including keeping player funds separate so that payouts are guaranteed, no matter what happens to the company itself.


 


Offshore vs NY Regulated Sportsbooks: Pros and Cons

Offshore vs NY Regulated Sportsbooks

Pros
  • Cover all of the major sporting events
  • Licensed, regulated, and completely legal to play at
  • Put money back into the local economy via tax revenue
Cons
  • Do not offer markets on in-state college teams
  • Players must be within state lines to legally place a wager
  • Licensing rules mean there is less competition in the market</p>

Pros & Cons

Pros
  • Fewer regulations allow for a greater range of markets
  • Betting on both college sports and eSports is allowed
  • More payment options and fewer verification checks
Cons
  • Ease of access raises the risk of problem gambling issues
  • Not accountable to the state and offer fewer player protections
  • Players cannot be sure the sportsbook is licensed by a reputable regulator

Top Sports You Can Legally Bet on in New York

With so many professional sports teams in the state, it makes perfect sense New York legislators would want to be fairly lax with their sports betting regulations. Thankfully for New York residents, markets on all of the major sports leagues are widely available, with markets on the NFL, NHL, NBA available. We have betting on the MLS available as well. Sports bets can legally be placed on pretty much any competition you can think of, with the exception of college sports, which are prohibited under the Amateur Sports Protection Act.

Meanwhile, other local teams are obviously popular and we expect New York online betting enthusiasts to back or fade them. The best Sportsbooks offer point spreads, moneylines, totals, futures and props on every game for the New York Yankees, Mets, Rangers, Giants, Jets, Knicks and Brooklyn Nets. Players can expect all sorts of point spreads and bet variety on the following sports:

Apart from all major domestic competitions, popular international tournaments like the English Premier League will also be available. In addition, horse racing and fantasy bets will also be offered.

Which sports are illegal to bet on?
 


Daily Fantasy Sports Betting in New York

The New York Attorney General ruled daily fantasy sports – or DFS – illegal in 2015 after a huge surge in the popular games operated by DraftKings and FanDuel. That was overturned in 2016 and included a lengthy appeals process for those believing the games should be outlawed. But now, DFS betting is completely legal and regulated in New York.

DFS operators run daily contests in which participants pay an entry fee and assemble a fantasy lineup with limited salary for that day’s NFL, MLB, NBA or NHL games. Top-scoring lineups can win as much as $1 million depending on the contest and entry fee.
 


Online Horse Betting in New York

Horse racing was the first type of legal betting offered in New York back in the 1930s. Racinos are popular across the state and feature live horse racing as well as off-track betting. This means betting on a race being held somewhere else and watching via live stream. The state also allows online horse racing and bettors across the state have easy access to legal horse race betting in New York.

New York - along with California - is one of the two pre-eminent states for horse racing in America, with both Saratoga and Belmont being world-famous racetracks. While the horse racing industry has been something of an institution for over 100 years, proper state regulation did not arrive until 2017, when sports betting permissions were extended to racetracks and OTBs. These days, in-person betting on horse racing is fully legal, while the state already has a successful mobile horse betting product.
 


Types Of Sports Bets Available in New York

The available range of New York betting markets is no different from what you'd find in any other legal state. This means that bettors will be able to choose from pre-match bets including moneylines, spreads, totals, live betting on the in-play action, and futures markets such as who will win the next Super Bowl. If you're looking for something a little more outlandish, certain prop bets are available on request, while multiple wagers can also be combined in a parlay for long odds and huge pay-offs.


 


New York Online Betting Rules and Requirements

  1. AGE

    AGE

    You must be 21 or over

  2. LOCATION

    LOCATION

    You must be located within New York state lines

  3. TAX

    TAX

    You have to pay federal tax (24%) and state tax (between 4% and 8.82%) on your gambling profits.

  4. IN-STATE TEAMS

    IN-STATE TEAMS

    You can't bet on college teams competing in the state, but you can bet on college games, including ones involving New York teams, taking place outside the state.


Those are the basics, but how do you get into the action? The first thing you need to do is make sure you’re old enough and in New York. The second thing to do is find out what your options are. This is where our New York sports betting reviews come in. Our experts have tested all of the apps, gone through the terms and conditions, and used their experience to give you an honest take.

These reviews are not only a starting point but a way to get something extra. We’ve got a variety of NY sports betting promo codes. These codes unlock special offers for new and existing customers.

Finally, once you’re set, you can find the best odds on local sports teams. NY betting sites provide coverage of every major event taking place in the U.S. and beyond. That means you can now bet on the Yankees, the Giants, the Knicks, the Rangers, and the Mets online.


How to Sign Up and Start Betting from New York

 

It’s easy to open your new NY online betting account at one of the apps we recommend.
 

  1. Choose the best betting app for you by checking our reviews up top with exclusive welcome bonus by registering through us.
  2. Use the link on our page to head to the sportsbook's registration page - signing up will only take a minute.
  3. Create a username and password that pass the security tests.
  4. Complete the registration form with personal details like: Full name, gender, date of birth, address, and email
  5. If we have a promo code, enter it in the space provided
  6. Enter your social security number (last 4 digits only) to verify your identity and legal age, as required by state regulator
  7. Allow the app’s geolocation software to confirm you’re within state lines.
  8. Tick the boxes, agree to the terms and conditions - and Click on the confirmation email.
  9. If your chosen sportsbook has a bonus credits offer, like Caesars NY sportsbook, you will find this in your account on registration
  10. Go to the Cashier to find your welcome bonus waiting and make the required deposit (if needed) to collect it.


 

PRO TIPS:

Make sure you understand the terms of each casino bonus before you start playing - which our reviews outline. We want you to enjoy your favorite online games, but also gamble responsibly. You can choose what limits you want to set for yourself, like deposit and wagering limits, through the responsible gambling section of your casino profile.

You may have to upload some extra personal documents to verify your ID. These may include a copy of your current passport or government-issued photo ID.


 

Top 5 NY Sports Teams to Start Betting On


1) New York Giants

While the Giants and the New York Jets both play at the MetLife Stadium in East Rutherford, New Jersey, New Yorkers will no longer have to physically attend games to bet on them using NJ sports betting apps - when legal online wagering in the state goes live, they can do so from New York City.


2) New York Knicks

The Knicks are a franchise best-known for having supremely talented teams that never quite win a championship, but New Yorkers have never been shy about betting on an underdog. Playing right in the heart of New York City at Madison Square Garden, they're one of the state's most famous sides.


3) New York Yankees

When the Yankees play the Mets, it's undoubtedly one of the year's biggest sporting events for New Yorkers. Residents in the state bet millions on the two sides every MLB season, and now they'll be able to do so from the comfort of their homes via legal mobile sportsbooks as well as in upstate casinos.


4) New York Rangers

Along with the New York Islanders and the Buffalo Sabres, the Rangers are one of the three teams to represent the state in the NHL. Although the Stanley Cup has evaded them for nearly three decades now, fans still believe; and ice hockey remains one of the most popular sports betting markets in New York.

 

5) New York Redbulls

With the MLS growing increasingly popular among NY sports bettors, the New York Red Bulls - along with New York City FC - are expected to take plenty of action when mobile sportsbooks are officially launched in the state. You'll be able to bet on both teams online and in-person at the upstate casinos.


 

Retail Sportsbooks and Locations in New York


CasinoSportsbookLocationOpening Hours
Point Place CasinoCaesars Sportsbook450 NY-31, Bridgeport, NY 1303024 Hours
Turning Stone ResortCaesars Sportsbook5218 Patrick Rd, Verona, NY 1347824 Hours
Yellow Brick Road CasinoCaesars Sportsbook800 W Genesee St, Chittenango, NY 1303724 Hours
Del Lago Resort & CasinoDraftKings Sportsbook1133 NY-414, Waterloo, NY 131658am-3am (24 hours on Friday, Saturday and Sunday)
Tioga DownsFanDuel Sportsbook2384 W River Rd, Nichols, NY 138129am-3am
Rivers Casino Schenectady Bet Rivers1 Rush St, Schenectady, NY 1230524 Hours
Resorts World Catskills Sportsbook360 888 Resorts World Dr, Monticello, NY 127019am-5am
Seneca Allegany Casino Sports Lounge777 Seneca Allegany Blv, Salamanca NY 1477924 Hours
Seneca Buffalo Creek Casino Sports Lounge1 Fulton St, Buffalo, NY 1420424 Hours
Akwesasne Mohawk ResortSticks Sportsbook873 NY-37, Hogansburg, NY 136559am-1am (9am-3am Friday, Saturday and Sunday)



Original List of Sports Betting Applicants & Partnerships - Wittled Down

SportsbookApplicantPartnershipStates of Operation
Barstool Sportsbook Kambi Group N/A IL, IN, MI, PA
Caesars Sportsbook Kambi Group Point Place TN, CO, IL, IN, IA, MI, NJ, NV, VA, WV, DC
PointsBet Kambi GroupN/A NJ, IA, CO, IN, IL, MI
BetRivers Kambi Group Rivers Casino CO, IL, IN, IA, MI, PA, VA, NJ
WynnBet Kambi Group N/A VA, CO, IN, MI, NJ, TN
Fanatics Sportsbook Kambi Group N/A No other states
Sportsbook 360 Kambi Group Resorts World NJ
bet365 bet365 N/A NJ
FanDuel Sportsbook Betfair DBA Tioga Downs NJ, PA, IL, IN, IA, CO, WV, TN, MI, VA, WV
DraftKings Sportsbook Betfair DBA Del Lago CO, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV, WY
BetMGM Betfair DBA N/A CO, IN, IA, MI, NJ, NV, PA, TN, WV, VA, WY, DC
Bally Bet Betfair DBA N/A CO, IA
FOX Bet FOX Bet N/A CO, NJ, PA, MI
theScore Bet theScore Bet N/A CO, IA, IN, NJ

Now the million dollar question - how exactly did the NYS Gaming Commission decide which of the applicants will legally be able to provide New York sports betting? Well, when the RFA was finalized a few days before the six NY mobile betting hopefuls submitted their bids on July 12, the evaluation criteria were also released. Here's a full breakdown of the scoring system that was used to select the 9 NY sportsbooks:

When added together, this means that the maximum score achieved would be of 75 points. However, the Gaming Commission stated that an extra 5 points were available to any applicants who already have an established revenue-sharing agreement with an in-state Native American tribe, taking the total to 80. Finally, the higher the mobile betting applicant's proposed tax rate on sports betting revenue, the more it would score, with a maximum of 20 points awarded for a 50% share of all revenue.

Sports betting has been legal in the Empire State since 2013, with the commercial casinos in upstate New York offering a number of retail sportsbooks for bettors to choose from. It could be argued that the state was somewhat ahead of its time in terms of paving the way for legal sports betting, with an operator-friendly 10% tax revenue charge providing a favorable deal for brick-and-mortar venues.




What Legalizing Online Sports Betting Means for New York City

It should be fairly obvious that the benefits of legalizing sports betting in New York are two-fold. On the consumer side the top sports betting apps can provide a safer and better regulated online gambling experience, while for the state itself, New York betting revenue is set to skyrocket. This will, in turn, allow the NYSA to make good on their budget proposal and funnel millions into the economy.

Projected Revenue from Sports Betting in New York

New York is considered one of the top online markets, given it has the fourth-largest population at nearly 19.3 million. California (39.6 million) and Texas (29.7 million) are not close to featuring their own online sportsbooks, and Florida (22 million) residents can only bet on sports at Seminole Tribe-run casinos with a Hard Rock Sportsbook.

While it's quite hard to quantify just how much online gambling will be worth to the state, Gov. Cuomo estimates legal online sports betting will bring in around $500 million in revenue per year. Naturally, that figure, while impressive by itself, is made all the more significant by the fact the state is currently hemorrhaging money to New Jersey, with around 20% of gaming revenue coming from New Yorkers.

The majority of the more than 1 million New York mobile sports betting accounts have come from people who are new to legal sports betting. Of the 1.2 million accounts set up since mobile wagering began Jan. 8 statewide, 770,840, or 87.8%, are “brand new to regulated online sports betting,” according to GeoComply. This company provides geolocation compliance and fraud-security services and has never seen this many new accounts, according to their news release.

“The data tell us that New Yorkers are dumping illegal sportsbooks for the new legal options, and operators are also excelling at attracting first-time bettors,” said Lindsay Slader, GeoComply’s managing director of gaming.

NFL Games Boosted New York Mobile Wagering Figures for 2022:Mobile sports betting’s Jan. 8 launch in New York coincided with the final full weekend of NFL games, with some games having playoff implications. Games in the NFL are the most heavily wagered sporting events in the country.


 



 

Responsible Gambling at NY Sportsbooks

Studies have revealed that the majority of bettors in the New York market are in fact responsible gamblers who set budgets on what they bet, whether online or in person. However, problem gambling is taken very seriously in the state and the NYS Gaming Commission, The New York State Office of Addiction Services and Supports, and the New York Council on Problem Gambling have formed the Responsible Play Partnership to ensure issues arising after online sportsbooks go live are dealt with.


 


New York Sports Betting FAQ

1) Is it legal to bet online in NY?

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2) Can you legally bet in New York??

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3) What online sportsbook can I use in NY?

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4)Which New York online sportsbook has the best lines?

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5) Can I bet on sports online in New York?

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6) When Will Mobile Sportsbooks Launch?

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7) Will I need to be a NY resident to bet online?

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8) Can I bet online at NJ sportsbooks from New York?

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9) Where can I bet on sports in New York?

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References

  1. US Department of Justice
  2. American Gaming Association
  3. National Council on Problem Gambling
  4. International Association of Gaming Regulators
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