New York Sports Betting: The Best NY Sportsbooks for 2024

New York is one of the latest states that finally legalized betting on sports. Since May 2019, lawmakers have taken big strides in moving forward with legislation to allow for a wider regulated New York sports betting industry, including the allowance of mobile sports betting. Today, residents of the Empire State can fully enjoy online sports betting, and it won’t be a surprise if New York becomes the biggest online sports betting state soon.

Stay with us and learn about the best NY betting sites, their features and most valuable betting markets. This article will also discuss the state’s history with gambling, the most popular sports to bet on and the legal betting age in New York. Here are the best New York sports betting sites:

Matt Speakman, Betting Expert at online-gambling.com

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Matt Speakman is a Connecticut-born and raised betting expert with a soft spot for the Patriots. He is also a proud member of the online-gambling.com team. You can read his articles on a broad range of topics, including sports betting and DFS.

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Top New York Betting Sites by Category

Obviously, with the legalization of online sports betting in New York, punters now have the option to place their wagers at legal online NY sportsbooks. This not only will make them feel safe regarding their funds and transactions, but also they will have access to a much wider selection of markets, sports, promotions and other useful features.

Our recommended online sportsbooks excel at multiple betting categories, which is no surprise, as both brands are well-known operators in the gambling industry in the United States. They certainly show dedication to the players’ needs and make your choice easier when selecting whether to play at unregulated sportsbooks or at the top legal sports betting New York sites.

New York Sports Betting Rules: Top Sports and Teams

Home to some of the most famous teams and iconic sports grounds in the world, there is no sports fan quite like a New York sports fan. Home to the headquarters of Major League Baseball, the National Football League, the National Basketball Association and the National Hockey League, the metropolitan area of New York City hosts 11 teams that compete in the five most prestigious sporting leagues in the country.

Whether at Madison Square Garden, Yankee Stadium, or Citi Field, millions of sports fans descend on sacred sporting grounds every week to watch their favorite teams, fighters, and athletes go head to head. Now, they can also participate in legal sports betting in New York online and support their favorite teams with an occasional wager.

1. Baseball Betting – The New York Yankees

As the top team of New York’s most popular sport, the New York Yankees are an institution that is globally recognized for its excellence at baseball. Having played in 40 World Series games since their inception in 1903, the Yankees have taken home the title 27 times – far more than the 11 taken home by the second-highest winners, the St Louis Cardinals.

With players like Babe Ruth and Joe DiMaggio once donning their timeless navy-striped uniform, it’s unlikely that any team will ever knock the Yankees off their pedestal as the best team of all time. Punters who are part of the New York online gambling industry enjoy betting on the Yankees, as the team rarely disappoints.

2. Football Betting – New York Giants

Of the five teams that formed the NFL in 1925, the only team remaining is the New York Giants. As the oldest team still in the league, the Giants have a rich and exciting history and generations of fans that stretch back decades with it. They have played 4 Super Bowl games in their long history, their latest being in 2011, and have won every one they played.

They have gone on to spawn 28 Hall of Fame players, including NFL legends Lawrence Taylor and Rosey Brown. Their current home ground is the MetLife Stadium in New Jersey. Many of the legal sports betting New York sites offer great odds and valuable markets for the New York Giants games.

3. Basketball Betting – New York Knicks

The Knicks, or Knickerbockers, were formed in 1946 and began their storied history with a string of successes. In later years, however, they’ve struggled to keep up their former glory. In saying that, the Knicks have hundreds of thousands of fans who join them at Madison Square Garden when they play, having cheered them on through many tense play-off matches over the years.

They have won two championships, one in 1970 and the other in 1973. Notable players include Patrick Ewing and Walter Frazier. Today, it is much easier to place a wager on the Knicks, as punters have access to many great and, more importantly, legal New York sports betting sites.

4. Ice Hockey Betting – New York Rangers

As one of the Original Six – that is, one of the first of six National Hockey League that existed before the league expanded in 1967 – the New York Rangers formed in 1926 and have long been held highly as one of the league’s greatest teams.

As the first NHL team to win the coveted Stanley Cup, they have gone on to win a total of 4, the last being in 1994. Despite a long drought of wins for the Rangers, they still attract a loyal following at their home stadium Madison Square Garden and have gone on to produce Hall of Famers like Mark Messier and Brian Leetch.

Top New York Betting App

With the full licensing of mobile sports betting in New York, punters from the Big Apple can now bet on their favorite sports while on the go. All you need is a relatively new mobile device and a strong internet connection. Both of our recommended NY sportsbooks can be accessed through the browser on your phone or tablet.

Wide mobile compatibility is a must nowadays for every online bookmaker who wants to be successful and attract new players. Without a doubt, the New York sports betting industry will see many changes, improvements and a lot of new licensed online bookies, but mobile compatibility will keep its importance.

New York Sports Gambling Bonus Offers and Promotions

Legal sports betting online has many advantages. Not only can NY punters now feel safe with their bets, real money transactions and funds, but they can also take advantage of multiple sports bonuses. Such offers can give a mighty boost to your bankrolls and bring more excitement to watching a sports event. In the table below, we have highlighted the promotions for new players at our recommended top legal sports betting New York sites.

And that’s not all. Players in New York can grab many other alluring promotions besides the welcome bonuses. The top NY sportsbooks regularly launch specific bonuses for major sporting events. Odds boosts, cashbacks, deposit matches, and no sweat bets are just some of the attractive offers you can claim. Remember to always pay close attention to the terms and conditions of any bonus, so you know what you’re getting into.

Free Sports Betting with No Deposit – Are There Any Offers?

Finding a no deposit promotion is a tough task, whether you’re looking for a New York online casino promotion or a sports betting one. Nevertheless, there are such bonuses from time to time, so make sure you regularly visit the Promotions page of your selected online bookie. Keep in mind that such offers normally have hard-to-fulfill requirements and are more concentrated on new customers.

Deposits and Withdrawals at Online NY Sportsbooks

Moving on in our online sports betting New York review, it is time to have a look at the available payment options at our recommended operators. Gambling online requires real money transactions, so having a wide range of available banking methods is a huge advantage. US players can use debit cards, Trustly, PayPal, Pay with Cash (at retail stores) and more. The pure availability of some of the most popular payment methods is enough proof that the site is safe and secure to play at.

As for the withdrawals, bear in mind that your account has to be fully verified. You can use most methods to cash out your winnings, as long as they have been used for making a deposit. We recommend the usage of e-wallets, and in particular, PayPal, as this is one of the most trusted and fast payment providers in the United States.

Live Sports Betting in New York

In-play betting brings a whole new level of excitement when watching a sports game live. NY punters can fully enjoy live betting and make the most of different situations. Obviously, when betting on live sports, you can keep track of the game and take advantage of the constantly changing odds for a particular market. A stable internet connection is a must for this kind of wagering as the odds quickly change depending on the game’s development.

Both of our recommended New York sports betting sites offer in-play wagering. From time to time, you can even see live streams of certain sporting events. This way, you can follow the action and see the odds shifting simultaneously. The best sports betting sites in New York also offer infographics with the latest statistics, so you can make a precise decision on what’s the best market to bet on. Some of the most popular live betting markets are next goal, over/under, and correct half-time score.

New York Land-Based Sportsbooks & Locations

Those of you who don’t feel ready yet to fully engage in online sports betting can visit a land-based location to place a wager. There are several gambling locations in New York that offer in-person betting. These sportsbooks are located in casinos and racetracks, and most of them have a sports betting site as well. Here are some of the most visited ones.

It is hard to say which way of betting is more popular. This depends entirely on your personal preferences. Online betting is certainly more convenient, as you can place a wager regardless of the time or your destination. In-person betting, on the other hand, lets you meet other fellow punters and exchange information, tips and strategies.

Sports Betting Law in New York

Although New York sports betting is legalized at a restricted number of establishments, other forms of gambling remain popular and more accessible. While gambling has historically mostly been allowed in casinos on Tribal reservations, a newly overturned law has seen gambling on daily fantasy sports in New York now legalized. Originally, a law signed by Governor Andrew Cuomo stipulated that DFS were to be considered illegal as they were not games of skill.

This was overturned by the New York Supreme Court in 2018, and since then, the New York State Gaming Commission, the regulatory body of gambling in the state, has halted their oversight of DFS. Now, while it is not technically legal, offering it is no longer criminalized, and there are many sports betting New York websites capitalizing on this. The latest changes in legislation authorized New York mobile sports betting, so finally, punters can place their bets at licensed online betting sites in New York, instead of going to a land-based location.

Legal Online Sports Betting Age in New York

Anyone who is 21 years or older can enjoy online sports betting in New York. The legal gambling age for Daily Fantasy Sports is 18. To participate in charity gaming, there is no age limit. To engage in unlawful gambling is considered a Class A misdemeanor, which may incur a maximum penalty of one-year jail time or three years probation, plus a fine of up to $1,000 or twice the amount of the gain from the crime. Now that sports betting in New York is legal, we certainly recommend playing only at licensed and regulated NY mobile sports betting sites.

• Legal Gambling Age
  Anyone over the age of 21 can legally participate in New York sports betting.
• Legal Drinking Age
  The minimum drinking age in New York state is 21 years old.
• Legal Age for Marijuana
  The consumption and possession of cannabis for recreational use in New York state is still illegal.

Taxes on Your Winnings: Do You Have to Pay Anything?

In New York, both cash and noncash gambling winnings are fully taxable at a rate of 25% if you have won $600 or more if the amount is 300 times the wager, $1,200 or more from bingo or slot machines, $1,500 or more from keno and over $5,000 from a poker tournament. For more info, visit the website of the IRS.

Benefits of Legal Sports Betting in New York

When it comes to the benefits of having a regulated online sports betting industry in your state of residence, we don’t know where to start from. Probably, the most important thing is not the comfort of betting from your couch, but the security that you receive. No need to worry about your real money funds and transactions.

Furthermore, a regulated industry can bring many benefits to the players and the state in general. Here are some of the biggest benefits of betting at a licensed and regulated online sportsbook in New York.

These are just some of the major benefits that a legal betting industry will bring to the state. Let’s not forget that the top legal sports betting sites in New York use the latest encryption technologies, along with state-of-the-art firewalls, guaranteeing your personal information and money are in safe hands, not accessible by third parties. Your safety, after all, should be your number one priority when gambling online.

Local History of Sports Betting

When New York passed a law in 2013 to allow sports betting at four land-based casinos, it looked as though there was hope for an expanded New York sports betting industry in the near future. But when federal law blocked this from progressing, the state was put in a limbo regarding legal sports betting in NY. However, as the tide on sports betting changes across the country, New York finally recognized the importance of a regulated online betting industry. See more on the New York gambling page and check out the following timeline.

Is Online Sports Betting Legal Outside of the State?

Since New Jersey won a Supreme Court victory on laws that restricted sports betting, many states in the US are moving quickly to legalize it. There are currently more than ten states that have legalized sports betting in the USA. It is a wise move too – currently, sports betting brings in a whopping 70% of global gambling revenue.

New York neighbours two states with legal sports betting. Online sports betting in Pennsylvania is allowed, and the same applies to sports betting in New Jersey. In fact, this was a partial motivation for New York to move so quickly on sports betting laws to prevent further revenue lost from its residents traveling to the bordering New Jersey to gamble.

Upcoming Regulation Changes to Be Aware Of

After a long wait and multiple passed bills, punters can finally participate in legal sports betting in New York. The New York’s gambling laws allow for full-fledged sports betting in the state. The gaming commission has proposed a new set of rules for operating and licensing, that could see more casinos with sports betting licenses. On top of this, online sports betting with smart devices, as well as betting at racinos, have also been allowed, so it is up to the players to decide which way is most convenient to them.

Sports Betting Guides for Nearby States

• New Jersey Sports Betting
• Pennsylvania Sports Betting
• Connecticut Sports Betting
• Rhode Island Sports Betting