NY sports betting fans have reason to celebrate now that online sports betting in New York is legal. With NYGamblers.com, you can find and compare the list of all the best NY sports betting sites 2023.
- Top NY online sports betting sites 2023
- Is sports betting legal in New York?
- Compare NY online sports betting
- Best NY online sports betting sites 2023
- Markets for online sports betting in NY
- New York online sports betting info
- Features for NY online sports betting
- New York online sports betting fundings
- Online NY sports betting offers
- Picks for online sports betting New York
- Legal NY sports gambling
- FAQ NY sports betting
Top NY online sports betting sites 2023
NY online sports betting: All sites are 100% legal & licensed by the state.
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Is sports betting legal in New York?
Yes, it is allowed to wager on sports in New York. Both online and in-person betting are available in NY from everywhere in the state. Nine sportsbook applications are accessible in the state, and online sports betting began in January 2022.
2013 saw the legalization of sports betting in New York’s commercial casinos. More than one year after the federal sports betting ban was lifted, the first physical sportsbooks began to open in 2019. Legislators incorporated online sports betting in the budget legislation at the beginning of 2021. Gov. Andrew Cuomo signed it in April, and nine months later betting became legal in the state.
Compare NY online sports betting
Finding the best NY online sports betting is more complicated than you might think. Make the most of this opportunity by investing time into finding a quality NY sports betting site.
Also, finding the best perks and offers, exploring various payment options, and learning as much about betting lines as possible. To help you on your road to success, we’ve compiled everything you’ll need to know to compare NY sports betting.
All NY online sports betting sites
Although the United States is currently going through an online sports betting renaissance, New York has actually allowed online sports betting for nearly a decade. As far back as 2013, New Yorkers have been allowed to legally wager on sports at on-site operators but it wasn’t until 2021 that the state legislature finally passed a bill legalizing all New York online sports betting sites.
Best NY online sports betting sites 2023
With so many options now available to the NY online sports betting market, which platform should you use to find the best deals, offers, and betting lines? Keep reading to find five of our best NY online sports betting sites.
BetMGM online betting site
Anyone familiar with betting surely knows the name ‘MGM’. BetMGM NY is the cainos International’s flagship online operator created in partnership with global gaming powerhouse Entain Holdings. As one of the largest platforms in the market, they were quick to snatch a spot as one of the licensed New York online sports betting sites.
BetRivers online betting site
BetRivers NY offers a wide range of betting options, competitive odds, and enticing welcome offers for new members. They also offer a decent application that lets you take your betting on the road. Sign up today and access a matched deposit offer worth up to $1,000.
Caesars online sports betting site
MGM International wasn’t the only leading casino to introduce a online sports betting platform in the Empire State. Caesars Sportsbook in NY quickly followed suit and gained approval to launch their world-renowned site in the New York market. With resources from both this operator and newly acquired William Hill, this operator can regularly offer some of the largest offers of all time.
The online sports betting websites also has access to a range of competitive odds on nearly any sport you can imagine. As huge events approaches, make the most of these opportunities and sign up to earn a welcome offer worth up to $1,001.
DraftKings online betting site
Gone are the days when DraftKings was little more than a daily fantasy sports site. It’s since undergone a massive transformation, turning its existing technologies into one of the most used online operators in the world.
This New York online betting site is famous for its alluring welcome offers, often offering more than one at a time, as well as its substantial member rewards program. As you play, you’ll earn points that can then be transformed into extras, prizes, and even hard cash. Sign up today and earn a 20% matched deposit worth up to $1,000.
FanDuel betting site online
Just like others, FanDuel NY has also taken its existing platform and transformed itself into a premier online sports betting site. Thanks to their preexisting advantage in the daily fantasy sports sector. They’ve now boasts one of the best sites in the industry, drawing in players who want to bet no matter where they are.
You can access the online sports betting site in NY by downloading it from the iOS Store or Google Play Store and unlock a offer worth up to $1,500 when you make your first deposit. Best of all, they offer their own membership rewards program that functions similarly to others. Read the terms and conditions for more details when you sign up.
Markets for online sports betting in NY
Not all operators for online sports betting in NY offer the same features. Maximize your range of betting options and offers by signing up with as many sites as you like. Before you register with just any platform, though, check to guarantee that a potential site is worth your time and money with the NY sports market.
Markets to find online
Follow these guidelines to find premium sports betting in NY:
- Make sure it’s legitimate – Currently, the New York State Gaming Commission has only permitted nine online sports betting platforms to legally operate within Empire State territory. That doesn’t mean there aren’t scammers hoping to ride the wave of legalization by bamboozling punters out of their private information. Read third-party reviews and stick with big-name ventures to pre-vet potential sites and guarantee you’re not being scammed.
- Ensure your privacy – Even legitimate sports betting in NY can be the target of hackers and thieves. Guarantee that your private information is kept safe by encryption technology and password protection. Any site worth its salt will guard your details using an encryption lock, which you should see in the top corner of your search bar. If it’s not there, close the site and do NOT insert your private details.
- Find applicable banking options – There’s no point registering with a online sports betting in NY operator if you can’t deposit or withdraw funds. Always check the available banking options ahead of time to prevent any confusion. Most sites accept Visa/Mastercard, direct deposits, ACH VIP Preferred, and a range of digital e-wallets (more on this below)
- Find competitive odds and worthwhile deals – This is where you should really pay attention. Online sports betting in NY set their odds using insider industry information but no two sites have the exact same odds. Therefore, you need to research a potential site’s odds ahead of time. This goes for their offers as well. Some sites offer massive extra features and membership programs that can greatly boost your winnings.
- Explore the customer support services – The last thing you want is to need support and not get any. Some sites only offer email addresses whereas others allow you to post live tickets or even speak one-to-one with a live representative. If you’re not satisfied with a site’s customer support, we don’t recommend registering.
Although these guidelines cover the main points, they are by no means comprehensive. Explore each site carefully and read reviews ahead of time to find the best platforms for your needs.
New York online sports betting info
Prior to 2013, many New Yorkers would cross state lines to bet on sports in other states. This all changed within the last decade though as New York state lawmakers recognized that they could fill state coffers by taxing those same bets within their own state boundaries.
Under the 2021 legislation, the New York Gaming Commission will earn 51% of all revenue produced through New York online betting. While this is a resounding victory for the state of New York, it’s a major speedbump for betting platforms hoping to tap into the massive New York market.
Compounded with a $25 million licensing fee, many platforms are looking to recoup their losses by offering slightly worse odds. If they stand to win more money from your bets, they can survive in an already competetive market.
New York online betting types
Unfortunately, though, these worse odds directly affect you—the bettor. If you’re used to betting a state away, you’ll notice that the odds for New York online betting are markedly different. This is to help offset tax requirements.
Luckily, though, the market is correcting as more operators set up shop in New York. Larger New York online betting sites, such as those recommended here, are able to offer fairer NY betting odds, thereby forcing smaller operators to improve their game as well.
In the lead-up to the Super Bowl, we expect most betting sites to offer reasonable to fair games , helping you win more on the big game.
Are New York betting sites fair?
With the caveat operators might have less-than-prime odds compared to other states, you might be wondering if the odds are set fairly. We can verify that the New York Gaming Commission already took to this into account while establishing their rules for licensure. During debates on the bill, New York lawmakers discussed whether platforms would have to utilize official league data.
If so, they would have to include official statistics provided by the leagues when determining their odds. This would give leagues a stake in the betting platform, thus increasing the validity of the odds. The NYGM ruled that they must, but also allowed providers to use pre-vetted outside sources.
Getting started at New York online betting
After finding a platform that resonates with your needs, you should then sign up and explore its many offerings. These include banking options, welcome offers, campaigns, and betting lines. Although it can take some time to figure everything out, a deeper understanding of your new platform will help you win bigger.
Features for NY online sports betting
No two sites are exactly the same but the majority require some basic personal information to verify your account. The entire registration process shouldn’t take more than 10 minutes as long as you have the necessary information available.
Before registering your NY sports betting apps account, you should prepare the following:
- An uploadable form of photo ID – Some sites are able to verify your identity by checking your information against public records but some will require a physical form of ID.
- Proof of residence – If the address on your ID doesn’t match the address you’ve provided, you may also have to provide physical proof of residence.
- A functioning email address – We recommend signing up with the platform’s emailing list to access all the latest offers and prizes.
Sign up with online sports betting NY
The only other information you’ll be required to give is your legal name, date of birth, and telephone number for the sign up. The online sports betting NY operator will use this information to verify that you are of age and can bet according to New York state law. After submitting your information, you should receive an email confirming that your account has been verified.
Signing up with completly new sportsbooks in NY, you will have to go through this procedure, but in the end it might be worth it for the new enticing offers that are offered to new players.
New York online sports betting fundings
After you’ve registered and verified your New York sports betting online account, you should then deposit funds into your bankroll. You likely won’t be able to access welcome offers until you’ve made a deposit, nor will you be able to place bets, so this is the most logical next step.
Options for New York sports betting online
After logging into your account, head to the “Banking Options” tab where you can find information about depositing and withdrawing funds. Not all NY sports betting online operators accept payments through the same platforms but you can expect to see at least a few of the following options:
- Direct bank deposits – Tried and true, direct bank deposits have long stood as the go-to payment method for online NY sports betting sites. That doesn’t make them the best choice, though. Bank deposits typically take longer than any other payment and are often stalled due to stringent banking regulations. Avoid unless absolutely necessary.
- ACH / VIP Preferred eChecks – If you want to deposit funds directly from your bank, we recommend paying through ACH VIP Preferred eChecks. VIP Preferred lets you process bank payments through a third-party payment portal, circumventing bank restrictions and often posting immediately.
- Visa/Mastercard payments – Additionally, if you own a Visa/Mastercard, you can pay directly from your checking account using a debit or credit card. These payments often post within a few minutes but are occasionally stalled by as much as two business days.
- PayPal – PayPal has a long history of working with online betting sites and has put protocols in place to get your money deposited as fast as possible. You can directly store card information, bank details, or cash on PayPal, thereby circumventing your bank’s regulations and protecting your personal data.
- Skrill – Skrill is very similar to PayPal in that it stores card and bank information but it was specifically designed with online gaming in mind. Use Skrill for speedy payments and comprehensive digital security.
- Play+ cards – Play+ is a prepaid card service that lets you purchase preloaded cards instead of using a standard debit or credit card. You can purchase Play+ cards at local vendors or register online to access a digital code until you’ve received the physical card.
- PayNearMe – Just because you’re betting online doesn’t mean you can’t pay in cash. Head to your local CVS, 7-Eleven, or Walmart and purchase a payment code using PayNearMe. Simply deposit however much money you want to use and enter the access code into the ‘Banking Options’ tab on your site.
This list consists of the most common banking options but it is not exhaustive. You may find other available options online so be sure to read the terms and conditions carefully before funding your account. Depending on which site you use, you may not be able to withdraw funds to the same banking option you used to deposit money.
Waiting period for Withdrawals
Furthermore, don’t be surprised if you end up waiting longer for withdrawals to post. Deposits are designed to post as soon as possible but withdrawals must first be approved by the operator.
This prevents users from withdrawing special offer funds without first meeting the rollover requirements but it does add another day or two to your wait times. For NY fastest payouts, stick to either VIP Preferred eChecks or a digital e-wallet such as PayPal or Skrill.
Online NY sports betting offers
After you’ve made your first deposit, you’ll likely unlock a offer to welcome you to the site. Online New York sports betting sites offer these to incentivize new players to deposit as much as possible and, most often, the amount you earn from the offer is directly related to how much you initially deposit. Expect to earn one of the following betting bonuses or NY sportsbook promos:
Matched deposit offers
Many major online NY sports betting operators offer matched deposits after you first deposit funds into your bankroll. Once the money posts to your account, your operator will then match your deposit at a preset rate. Some sites offer 100% deposit matches up to a set limit, while others offer smaller deals such as 20%, 25%, or 50% deposit matches. The more you deposit, the more you’ll earn.
For example, DraftKings NY is currently offering new members a deposit match worth up to $1,000. If you first deposit $500, they will match that amount by giving you a free additional $100. However, if you deposit $5,000, they’ll provide an additional $1,000. Any more than that, and you’ll have hit the limit.
Be sure to read the terms and conditions ahead of time to fully understand the rollover and playthrough requirements before trying to withdraw matched funds.
Free and risk-free offer for NY online betting
Next to matched deposit offers, free and risk-free bets are the two most common types of welcome offers for NY online betting. They sound nearly the same but work a little differently. Pay attention to understand the nuances.
Using a risk-free bet, you’ll still have to wager your own money. You put up the initial stake and, if you lose the bet, your NY online betting site will refund the money. Although not entirely risk-free, you have nothing to lose since you’ll get your stake back, up to a certain point. Some platforms offer risk-free bets as high as $1,000 so work these bets into your strategy.
With a free bet, you don’t have to cover the stake. Depending on how much money you initially deposit, you’ll unlock a bet worth a certain amount of money. You can only use the bet once and the funds cannot be split so bet wisely. If you win, you keep the profits but you cannot keep the free stake.
New York online betting with no-deposit offers
Despite being called ‘free’ and ‘risk-free’ bets, the only truly free offer is a no-deposit one. With this type of welcome offer, you do not have to spend a single dollar to unlock it. Instead, simply register and verify your account to earn a small amount of free money. It won’t be much but it’s still a small thank you for using the New York online betting services.
Other Perks for you to bet in New York
Many offers might bring in new customers but they’re not the only type of campaign you can access. As you continue playing, you can access new perks for you to bet in New York through your operators emailing list and social media accounts. These offers may include:
- Boosted odds
- Free bets
- Reduced juice
Additionally, most big-name platforms offer membership loyalty programs. Sign up with these programs to earn points and rise through the tiers. As you rise in rank, you’ll gain access to better deals, prizes, raffles, and even special live events.
Also, considering that the New York Gaming Commission intends to bring as many platforms online as possible before the Super Bowl. Don’t be surprised to see event-specific campaigns directed at bringing in new members. Make the most of free bets and boosted odds to increase your chances of walking away a couple of hundred or thousand dollars richer than before the big game.
You can browse different platforms’ offers for you to bet on in New York ahead of time and register with multiple sites to maximize your perks. All is fair in love and sports betting so don’t be held back by a sense of customer loyalty.
Picks for online sports betting New York
The last thing you’ll need to learn before you dive into online sports betting New York, is how to place a bet. Betting is more complicated than you might realize and takes a specific strategy to win big.
Some sports are better suited to different betting styles so study each type of bet in advance and apply what you’ve learned to your own personalized strategy. Most online sports betting New York operators will offer the following types of bets:
Money line bets
Money lines are the simplest type of bet and we recommend starting here if you’re new to online sports betting New York. Essentially, you pick your preferred team and player and wager money on their odds. Odds are denoted using positives (+) and negatives (-).
Negatives denote the favorite while positives denote the underdog. The lower their odds, the more likely they are to win. The higher their odds, the less likely they are to win but the more you’ll profit if they do.
For example, if the New York Yankees had -130 odds to win, you would have to wager $130 dollars to profit $100 from their victory. Yet, if the Chicago Red Sox had +320 odds to win, you would have to wager $32 to profit $100 from their victory.
Over/under betting—also known as totals betting—works by wagering whether the final score for a game will go over or under a setpoint value predetermined by your operator. This type of bet works well with sports that rack up large point values, such as NBA basketball and NFL football since it’s easy for games to go over setpoint values.
Over/under bets take the combined point totals for both teams so, no matter who wins, you could end up earning a profit based on how well the two teams play. Simply sit back and enjoy the action without worrying about how your favorite team performs.
Parlay bets for online sports betting NY
Parlay bets for online sports betting NY are far more complicated than over/under and money line bets. Rather than playing out across a single game, parlay bets compound across multiple games, making them a smart choice for experienced punters who want to earn big during the championship seasons.
Parlay bets work by placing a wager on a specific team or player. If that team wins, your profits compound and roll into the next game. As your team continues to win, your profits compound into massive jackpots. However, if your team loses a single game, you’ll lose everything. Therefore, be smart about placing parlay bets, and don’t be afraid to pull out before it’s too late.
Like parlay bets, futures bets also play out across multiple games. Rather than compounding your winnings, though, futures bets let you put money on a team or player far ahead of an event to bet on. Futures bets are perfect for final championships, such as the upcoming Super Bowl or NBA Finals.
Pick your favorite team and watch them advance to the final rounds. If they make it, you could walk away with massive profits but keep in mind that futures bets are hard to get right and, therefore, carry a lot of risk.
Live bets at NY sports betting online
Live bets at NY sports betting online are perfect for anyone who enjoys fast-paced unpredictable sports, such as soccer or basketball. Bet as you watch and play both sides if necessary to walk away with a profit.
Be warned, though—if you want to place live bets, we recommend finding an online sports betting site that specializes in live bets. FanDuel is known for its fast-paced live bets, which you can access using their top-tier features.
Legal NY sports gambling
Thanks to the combined efforts of Assembly Member J. Gary Pretlow and State Senator Joseph Addabbo, state legislators finally acknowledged what a boon to the economy of legal NY online gambling could be. With a bit of bargaining and a push from the COVID economic downturn, lawmakers finally presented Governor Andrew Cuomo with a bill, which he signed into law in April 2021.
Under the new law, the New York State Gaming Commission was granted permission to introduce and oversee one or more NY sports gambling platforms prior to the 2022 Super Bowl. As of the end of 2021, though, they’d gone as far as to license nine online NY sports gambling operators with the intention of permitting more platforms in the future.
FAQ NY sports betting
Although sports betting has been legal at on-site locations for the past 8 years, it wasn’t until very recently that online sports betting also became legal. As of 2021, though, you can legally register with and use an online operator in New York.
Under the 2021 law, anyone currently within New York territory can register with and use an online site as long as they are over 21 years old. You must provide proof of age to register and you will not be able to use the operator if you cross state lines. They are geo-restricted and impervious to VPNs
There are no limits on how many online operators you can register within New York. As of December 2021, though, the New York Gaming Commission has only approved nine outlets to operate within New York territory. Therefore, the current limit is set at nine online sports betting sites.
Every operator is different but it would be highly irregular for a platform to not offer something. Platforms use these perks to lure in new users and improve their member’s odds of returning. If you find a platform that doesn’t offer anything, assume it is a scam site and leave immediately.
Thanks to stringent regulations from the New York Gaming Commission, you can trust that any licensed sports betting site operating within Empire State territory is safe to use. Before providing personal information, though, check to see if there is a small padlock in the top corner of your search bar. This signifies that the site is protected by encryption technology.
Under New York law, anyone using an online gambling site must be at least 21 years old. Online operators ask for proof of age to verify that you are complying with state regulations.