Online gambling fans can finally bet on sports from the comforts of their homes. Legalized online sports betting in New York launched on Saturday, January 8, 2022 with four online sportsbooks. NY sportsbooks offer plenty of bonuses, betting markets, types of bets, and promotions.
If your first bet misses, FanDuel refunds your first bet up to $1000 in site credit (within 72hrs). Your first bet after depositing will qualify - If you have multiple selections on one betslip, it will be the first selection you made.
Nine of the best online sportsbooks were approved for a NY online sports betting license on Nov 8, 2021.
New York sports betting took off in 2019, whenin-person sports betting was approved by New York lawmakers. After the New York state legislature chose to legalize sports betting online regulations, eight New York online betting sites have launched in 2022. The New York State Gaming Commission gave green light to nine mobile sports betting operators for the New York market. New York sports bettors get the top of the line experience for sports betting since nearly all top sportsbooks were given a license.
DraftKings Sportsbook is the best NY betting app with numerous leagues, bet types, and betting guides. You can use the same app in other states where sports betting is live. Their bonus with 25x wagering is not the best of the bunch, but you should definitely test out DraftKings NY app for the best odds when you get the chance.
FanDuel Sportsbook app is a great option for many New York residents, as the largest sportsbook in the US has all the functions you could want. FanDuel NY has all the major sports, frequent odds boosts, and a standard bonus for new customers. You can play daily fantasy sports as well. FanDuel’s parent company also owns FOX Bet, but they didn’t receive a license.
Caesars sports betting app, previously operated as William Hill, is one of BonusFinder US’ favorites. Although the glitches during the first weekend were heavily criticized, give this book a chance. Out of all the New York sportsbooks, Caesars Entertainment probably has the best-known loyalty program in Caesars Rewards. They also have plenty of popular sports to bet online on, great odds, and the Caesars sports betting app is easy to navigate. Use bonus code FINDER15 to get the bonus.
BetRivers NY sports betting site is not among the best-known betting sites, but they have a good chance of becoming a popular mobile app. The Rush Street Gaming brand has a great iOS NY sportsbook app and it’s easy to place wagers online on BetRivers. All sportsbook operators strive to provide the most competitive odds, and BetRivers New York also has many other qualities that will attract new players.
BetMGM New York
BetMGM’s NY online sportsbook launched a week after the first four New York online sportsbooks, and New Yorkers are sure to love it. BetMGM offers great online betting options with different odds, frequent promotions, a decent welcome offer, and their loyalty program with MGM Resorts is one of the best in the country. Remember to use promo code BONUSMGM.
PointsBet NY was the sixth online sportsbook to take off in New York state in late January 2022 with their excellent risk free bonus. To stand out from other sportsbooks, PointsBet lets bettors try out PointsBetting, a new style of wagering; you win more money the more right you are with your sports bets. You also get a risk free wager for standard sports betting online with promo code BONUS2000.
WynnBET New York Sportsbook launched at the end of NFL playoffs in February 2022, bringing the total of New York online sports betting sites to seven. New York Post reported that this NY betting site is for sale for $500 million but no interested parties are known. For now, New York sports betting fans can get in some betting action before a potential sale takes place. Wynn Interactive has a rewards program together with Wynn Resorts properties.
One of the smaller New York betting sites, Bally Bet NY will be launching sometime during the very near future. Bally’s Corporation is taking on US sports betting and their first sportsbooks were launched in 2021. We are eager to see what the site offers in New York, considering the other legal sportsbooks have a head start.
Another small New York sports betting site, Resorts World is not well known in online gambling yet. How they fare among the best NY betting sites remains to be seen, as Resorts World NY launched quietly and started taking bets in the NY sports betting scene in March 2022. The Resorts World Catskills sportsbook is available for in-person betting.
⭐ Legalization of Online Betting in New York
After the US Supreme Court struck down the federal law PASPA (Professional and Amateur Sports Protection Act) and ended the federal ban on betting in 2018, New York legislature decided to pursue legal sports betting. By 2019, land-based New York casinos could start accepting legal wagers. The legislation did not include additions to New York Online Gambling. On January 6th 2021, Gov. Andrew Cuomo suddenly announced that he would be willing to agree to a mobile sports betting model where NY State Lottery would run the online and mobile betting sites.
In April 2021, Governor Cuomo legalized New York sports betting law with mobile and online betting licenses available for two or more operators. During the Summer, New York received six competing bids for the online sports betting licenses. In November, the New York State Gaming Commission chose two groups with a total of nine sportsbooks to launch prior to the Super Bowl LVI in 2022. Online casinos remain illegal.
Sen. Joseph Addabbo Jr, a major advocate of NY online sports betting legislation, supported a more competitive market. Former Governor Cuomo pushed to maximize the online sports betting revenue to the state’s coffers. This led to New York sports betting rules that are not ideal for the operators, and potentially not for sports bettors either. Governed by the New York State Gaming Commission, all operators must conform to the following:
New York’s mobile sports betting licensing fee is $25 million for 10 years.
In addition, each operator must pay $5 million annually to one of four upstate casinos to host their servers, in order to consider the wagers being made on-site at retail locations.
Mobile operators must pay 51% tax rate on gross revenue.
Minimum age for legal online sports betting in New York is 21 years of age.
With the high costs of operating in the New York sports betting market, NY bettors might see worse betting lines than in neighboring New Jersey & other states that offer online sports betting. Being one of the largest legal sports betting states in the U.S. will offset some of the difficulties, as the annual revenue could be up to $1B according to NY Gaming Commission estimates. Governor Kathy Hochul reported over $70 million in tax revenue during the first month.
⭐ Sportsbook Bonuses & Promos
New York’s best online sports betting welcome bonus offers attract new customers to the licensed online sportsbooks. Eligibility restrictions apply.
New Yorkers have plenty of sports betting bonuses to choose from when they register on online sportsbooks for the first time. Remember to check the required promo codes and the wagering requirements for New York welcome bonuses. In addition, several types of promotions for existing users are live as well. Some of the common options New York betting sites offer:
Risk-Free Bets: The most common out of all sportsbook offers: if your first wager loses, the sportsbook refunds you in site credit, worth the amount of your loss up to a certain point. Usually, you can cash out your winnings (but not the stake) after wagering the site credit once.
Wager Match: A quite rare offer, but some sites offer new customers a free wager worth the amount of their first wager, regardless whether it wins of loses.
Deposit Matches: This one is simple: the sportsbook gives you money in accordance to your first deposit. For instance, if your sportsbook is offering 50% up to $200, $100 deposit would get you $50 in bonus cash. In many cases, you get 100% match, but sometimes less than that. You often have to wager through the bonus money more times than risk free wagers.
Free Bets: Just like it sounds, the sportsbook gives you a bet for free or site credits. These are often given as a part of various promotions if your other bets win or exceed a certain dollar amount. Note that you can’t keep the stake, only the winnings.
Bet Insurance: If you opt in to insure your bet, you can get money back if there’s a last minute comeback in the sports event or one of your parlay legs loses.
Refer-A-Friend: Most sportsbooks give existing customers site credit if their friend signs up and deposits on the sportsbook.
Early Cashout: On some sites, you can opt in for an early cashout, which means you can settle your bet early in case you get the feeling the end result of the sporting event won’t be in your favor.
⭐ NY Betting Apps
All of the brands approved for mobile sports wagering in NY have great mobile sports betting apps, and there’s no doubt all of them will be available in New York too. Virtually all NY sportsbook apps can be downloaded from Apple’s App Store (iOS apps) and the Google Play Store, so bettors should have no problems getting them. Note that regulated mobile betting apps use geolocation technology to prevent out-of-state sports betting, so you should always connect to Wi-Fi when online wagering to ensure your phone appears to be physically located within New York state lines.
PointsBet and their sportsbook apps for iOS and Android users are live in New York mobile betting!
⭐ Differences Among the Sportsbooks
While all nine operators in the Empire State offer sports betting, there is variance in the operations. You can sign up for several sportsbooks, and you should look up each one’s offerings before making a deposit. Below are some of the things you should check out when choosing a sportsbook:
Bonus When each of the mobile sportsbooks launches, you should take a look at the welcome bonus; you should always pick a sign up bonus that suits you. In our opinion, Caesars Sportsbook NY has the best bonus for new users.
App Some New York sportsbook apps are a bit more convoluted with information or just don’t look very good.
Markets DraftKings and BetMGM have the biggest variety in markets, but some of the other books support smaller sports too. If you’re interested in niche sports, check out each site’s markets.
Types of Bets Single game parlays have become all the rage recently, as well as live betting. All legal apps offer the same basic mobile wagers, but there’s variance when it comes to parlays and prop bets.
Availability If you like to travel a lot, you might want to sign up at a sportsbook that is live in multiple states, like FanDuel Sportsbook. That way you can bet on the Knicks while on the road!
Banking Options There is also variance among the sportsbooks in deposit and withdrawal methods. Some of the common ones are online wallets like PayPal, Play+, credit & debit cards, bank transfers and ACH.
⭐ Sports in New York
From the Knicks to the Jets, the best NY sports betting sites have all of the professional sporting teams to root and bet for. In addition, legendary venues like the Madison Square Garden host events across various sports leagues and college games. BetMGM and Caesars already announced their partnerships with the MSG and the NY teams that call it home, and FanDuel has partnered with the Bills to provide great experiences to fans.
New York Mets
New York Yankees
New York Knicks
New York Liberty
New York Giants
New York Jets
Met Life Stadium
New York Islanders
New York Rangers
New York City FC
New York Red Bulls
Red Bull Arena
Red Bull Arena
Yankees are one of the biggest New York sports teams.
The rivalry between the Yankees and the Mets is what sports in New York are all about. It culminated in the World Series in 2000, but the rivalry is still going strong, with the Yankees having the edge with their 27 World Series titles. The Mets’ new owner Steve Cohen is hoping to build a competitive team for this season, but both teams have great rosters and MLB games are a delight for New York bettors and baseball fans alike.
New York is the home to both the Giants and the Jets NFL teams. The Giants lead the rivalry in Super Bowls, although neither Jets nor Giants fans have much to root for during the NFL regular season. Instead, New York sports fans look to the Bills in the AFC East to win the Super Bowl soon in the most popular sport in America.
The Eastern Conference members New York Rangers and the New York Islanders are responsible for the most heated hockey rivalry in the Big Apple. Now that regular season games are at an end, Islanders are out of contention, but Rangers, who have won four Stanley Cups, are in good form. Who knows, Stanley Cup might end up in New York City once again. Meanwhile, the Buffalo Sabres have been dragging through the mud as the least successful of the NHL teams.
NBA has a strong representation in the Big Apple, but the current roster of the Knicks doesn’t have much cause for celebration. Still, there’s always the special feeling when you place the home team on your bet slip and sit back to watch an NBA game. The Nets were among the favorites to win the NBA title at the NBA finals, but Kevin Durant and Kyrie Irving among the rest of the players fell short and were eliminated in the first round. Maybe the NBA championship will be within reach next season.
New York also has a WNBA team in Liberty, but their stats mirror that of the men’s NBA teams.
The New York City FC is the most recent MLS Cup winner, but the New York Red Bulls is an average team at best. However, Major League Soccer is gaining more and more popularity in New York State, so there are a lot of betting opportunities for both teams. They also have a NWSL Soccer team, Gotham FC.
UFC / MMA
UFC and MMA were not sanctioned by the New York State Athletic Commission for a long time. When UFC finally arrived, it arrived with a bang. At UFC 205, dubbed by Dana White as the biggest fight card in history, Conor McGregor struck gold to become the first reigning double division UFC champion. Since then, New York has played host to some of the biggest fight cards in the promotions history, including Diaz vs Masvidal and St-Pierre vs Bisping.
Unlike the UFC, boxing has never had a bad rep in New York City. Several legends like Muhammad Ali and Mike Tyson have boxed under the lights of MSG. Nowadays, it’s perhaps best known for Andy Ruiz Jr’s sensational knockout of Anthony Joshua back in 2019.
New York also plays host to the fourth and final Grand Slam in the Tennis ATP series, the US Open. For golf bettors, the US Open took place in New York in 2020, although we might have to wait a bit for the next edition. You can also bet on college sports like March Madness, just not on in-state college teams or even on events where a New York team participates. It is safe to say that legal betting options are plentiful on all sportsbooks in New York, no matter which are your favorite sports.
⭐ Types of Bets
If you are new to sports betting in New York, you might not be familiar with the bet types. Below, we walk new bettors through the most common types with some examples of betting odds for your favorite teams in the following categories.
Moneyline bets are probably the most simple to understand; you bet on the winner of the game. Virtually all sports leagues have moneylines, and they always have a favorite and an underdog. Betting on the underdog gets you a bigger potential payout, but the favorite is more likely to win. In the example below, Bills are the favorites by a longshot.
BetRivers Sports book
Point spread bets are a bit more complicated; you bet on the team and the point amount you expect them to win by. So if you bet on the Bills “to cover the spread”, you believe they’ll win by 12 points or more. On other hand, the Jets just need to stay within 11 points or win the game for that spread bet to win.
This particular wager means betting on the total number of points or goals in a game (combined score), but in the form of over or under a certain number. Often, it is a decimal number, for example 5.5 goals in the Islanders versus New Jersey Devils game. In this case, a 3-2 result would be an under bet, while 2-4 would be over.
NYI vs NJD
Parlays means combining multiple bets into one. A common one is to choose several moneyline bets; for example, you can pick Rangers, Florida Panthers, and Boston Bruins to all win during the same round. Some sportsbooks let you build same game parlays, which have the legs from one game.
BetMGM Sportsbook offers a Single Game Parlay for various games.
Prop bets are bets on individual players or teams that don’t directly affect the result of the game. Some books offer a more broad range of props than others, and some sports have more options than others.
Player X to score the first touchdown
Player Y to throw 300 yards
First team to 20 points
Time of 1st goal
Leader after 1st half
Both teams to score in the 1st half
Live In-Game Betting
All the best sportsbooks have live betting operations. This means you can get in a sports bet from your mobile device when the sporting events are in action for a great betting experience. Live bets vary by online books, but in general you can bet on sports live for any major league, but not for college sports.
Finally, futures bets are wagers on upcoming events in major leagues and sports markets. The classic futures are Super Bowl Winner, World Series Winner and MVP awards. Each team in a league has odds to win, but since there can only be one, the potential payouts for the unlikely candidates are very high.
⭐ Retail Wagering
FanDuel Sportsbook has a retail sportsbook at Tioga Downs, one of the tribal casinos for land-based gambling.
Many tribal and commercial casinos offer retail sports betting in NY, and four commercial casinos have partnered with the New York online sportsbook brands that were awarded an online license. You can visit one of the almost dozen upstate New York casinos to place sports wagers at the retail sportsbooks.
Tioga Downs Casino Resort (Nichols, NY)
Turning Stone Resort Casino (Verona, NY)
Yellow Brick Road Casino (Chittenango, NY)
Akwesasne Mohawk Casino Resort (Hogansburg, NY)
Rivers Casino (Schenectady, NY)
del Lago Resort & Casino (Waterloo, NY)
Point Place Casino (Bridgeport, NY)
Resorts World Catskills (Monticello, NY)
Seneca Buffalo Creek Casino (Buffalo, NY)
Seneca Niagara Resort and Casino (Niagara Falls, NY)
Seneca Allegany Resort & Casino (Salamanca, NY)
Online horse betting is completely legal in New York, and the state hosts multiple horse tracks and off-track betting facilities. New York offers also their own horse betting platform, NYRA. This gives platforms like TwinSpires and TVG also access to the NY horse betting market.
⭐ Latest News
With nearly 20 million people statewide, the state of New York will have a vibrant mobile sports betting market.
March 3, 2022 Resorts WorldBET goes live in the New York sports market. Assemblyman Gary Pretlow and Senator Joseph Addabbo continue to push for more expansive gambling legislation.
February 4, 2022 WynnBET launches their NY app amid rumors of the brand being up for sale; the only operators who haven’t launched are Bally Bet and Resorts. The sports betting industry is off to an incredible start in New York with the tax revenue reaching tens of millions.
January 26, 2022 PointsBet New York betting site goes live earlier in the week with hopes to catch up to the bigger sports betting brands. WynnBET is up for sale and their New York plans shrouded in mystery.
January 17, 2022 BetMGM joins in on the fun and launches their app in the Empire State.
January 10, 2022 According to sports betting news, the state of New York had the strongest opening weekend compared to neighboring states. When the other apps start to accept wagers, we can expect a similar peak.
January 8, 2022 Caesars, DraftKings, FanDuel, and BetRivers are the first of the nine approved operators selected to go live in New York, even though Senator Addabbo requested a uniform start date.
November 8, 2021 Winners for the New York online sports betting licenses are announced by the NY State Gaming Commission. The two superbids are chosen; BetMGM, Bally Bet, DraftKings & FanDuel, as well as the Kambi group of Rush Street Interactive, Resorts World, PointsBet, WynnBET and Caesars Sportsbook can begin prepping their online sportsbooks to launch the new online market.
October 19, 2021 The platform providers wishing to join the NY sports betting market must agree to an eye-watering 64% tax rate if only 4 operators are chosen. If more competition gets picked, the tax rate falls to 51%, still higher than in most states.
August 9, 2021 New York Gaming Commission announces the six bids it received for the online sports betting market. All major sportsbook brands are in the bidding process, but it is uncertain how many bids are chosen in the end (although two sportsbooks are a must).
Last updated: 06/02/2022
New York Sports Betting FAQ
1️⃣ Is online sports betting legal in New York?
Yes, it's perfectly legal to bet in New York! Both brick-and-mortar sports betting kiosks and mobile wagering are available. New York legalized sports betting online in April 2021 and the approved NY online sportsbooks were announced on 8 November 2021; all nine NY sportsbook apps are expected to launch during Spring 2022. Please gamble responsibly!
2️⃣ What is the best online sportsbook in NY?
It's hard to overlook DraftKings Sportsbook NY, as their online presence in the United States is so strong. Other sports wagering greats like Caesars Sportsbook and FanDuel Sportsbook NY are also contenders, so you can try out all the apps in New York to see which one you prefer.
3️⃣ Which NY sports betting sites are available?
Currently all but Bally Bet have launched their mobile apps. Bally Bet is launching in the next few months. While offshore sportsbooks are technically available as well, we don't recommend you place bets online on them.
Follow BonusFinder US for the latest New York news and sportsbook reviews.
4️⃣ Are daily fantasy sports legal in NY?
The state legislators passed the fantasy sports law in 2016, and DFS sites like FanDuel & DraftKings have been allowed to accept players since then. However, the legislation has been challenged in court and the outcome of the case is still pending.
5️⃣ How do I sign up for an online sports betting account?
The sign up process for a mobile sportsbook is easy and you can begin placing wagers very quickly. You need to put in some personal details, such as your full name, full address and last four digits of your social security number, and deposit funds (options include prepaid cards, e-wallets, debit card, and online banking). Use a promo code when needed for a bonus offer, and reach out to customer support, which all New York sportsbooks offer, if you need help. Remember to stay within state lines when betting.
You don't need to be a New York resident to register, but if you're on the gambling self exclusion list, you can't sign up.
Riku is the Editor in Chief at BonusFinder and is a global expert in casino, sports betting and poker.
Riku was a professional online poker player for 10 years where he has played against some of the world’s best known pro-players such as Phil Ivey and Doyle Brunson. When not playing poker Riku was exercising his passion for sports betting and developing his expertise for casino games.
Riku as Editor in Chief oversees all the research and writing at BonusFinder. He also spends hours weekly speaking with the US casinos and sportsbooks to make sure everything is up to date to make sure you can "Play With More"
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