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New York Sports Betting

On Jan. 8, 2022, online betting finally became fully legal in The Empire State just in time for the NFL playoffs and ahead of the Super Bowl LVI. The launch of mobile betting joined the already legal retail betting, which has been available since 2019. Sport afficionados in New York are finally able to place bets online as well as offline on their favourite sports, including the NFL, NHL, NBA, NCAA as well as tennis, golf, boxing or even soccer.

Sports betting in New York has been a long time coming and we here at Picks and Parlays are here to tell you everything you need to know about sports betting in NY.

Top NY Online Sportsbooks 2022

Best NY mobile sports betting apps

When we speak of online betting in NY, we really mean mobile betting as this is the way to go. Every sportsbook in New York has a mobile betting app, of course. But just as there are differences between each bookmaker, they each offer different apps as well, some of which are better than others.

A great sports betting app should be easy to use, offer all the best deposit methods, access to promotions and special offers plus a wide range of betting opportunities alongside excellent odds.

So, here are our top picks for best NY sports betting apps:

DraftKings: Here you’ll get one of the most unique betting experiences thanks to the betting carousel, which presents you with the types of bets most relevant to you based on your account settings and betting history. Plus, the app is great to use and very speedy, offering the same user experience in every state you might find yourself in.

Caesars: The Caesars app brings you an excellent selection of betting markets and has no shortage of odds boosts. There rewards program is also worthwhile, giving you one free bet each month and an extra one on your birthday.

FanDuel: At FanDuel, bettors will find some of the best odds in the industry as well as speedy deposit and withdrawal options. It is one of the best betting apps for fans of proposition bets, which are offered on 16+ sports. Plus, you’ll find the app extremely easy to navigate and can look forward to regular promotions.

All the other mobile apps in NY are also worth checking out, so be sure to pick the one that serves your needs best.

History of betting and online sports betting in NY

All the way back in 2009/10 the first attempts to legalise sports betting in New York were made. Whilst the bill stalled, another attempt was made by Sen. Adams (who was responsible for the first bill as well) in 2011/12.

It was in 2013 that voters finally got a change to approve casino expansion, which included sports betting as well. In the next five years, four casinos were built. They were all permitted to offer in-person sports betting as well.

In 2015/16, efforts were made to expand sports betting to horse tracks and OTBs. They made little headway, however, and stalled out in the Judiciary Committees of each chamber.

Simultaneously, legislation for daily fantasy sports was considered, a matter which was referred to Attorney General Eric Schneiderman. Contrary to expectations, the AG considered DFS a sports betting activity and ordered FanDuel and DraftKings to cease operations in NY. Ultimately, a fantasy sports law was passed in 2016, however.

Despite all sports betting legalisation efforts in NY, PASPA was still the law of the land. So, whilst sports betting was technically already legal in New York, the existence of PASPA meant that it was not possible to actually offer it.

In 2018, PASPA was finally repealed, however. And after several more bills were introduced to regulate sports betting properly in NY, everything was in place for the first sports bet to be taken at retail locations (namely the casinos in the state) in November 2019.

At that time, mobile betting was not yet legal, and the Covid-19 pandemic became the main focus for the NY government.

It is well-known that New York City was hit especially hard by the first wave in the pandemic, which prompted Governor Cuomo to seek alternative revenue streams for the state budget. This also included online and mobile betting.

The threshold to enter the mobile gambling market in NY was set very high, however, as Governor Cuomo’s main motivation was to bolster the state budget. As such, only a limited number of operators received approval (currently 9), and the tax rate is extremely high at 51%.

In April 2021, state legislators finally reached a sports betting deal, which regulated mobile sports betting as it is available now. The first sportsbook launched in January 2022, finally allowing bettors in NY state to remain within the comforts of their home when placing their bets.

Future of sports betting in NY

As it stands, sports betting in NY will likely see some developments in the future because both the New York State Senate and New York State Assembly have introduced bills in March 2022 to expand mobile gambling. As we have seen, up to 9 online sportsbook are currently allowed in the state, but the expansion is set to allow 16 sportsbooks by 2024. This expansion would also lower the tax rate to 25%, which is much more reasonable and affordable for a greater number of sportsbooks.

It was Governor Cuomo who insisted on the extremely high tax rate, but he is no longer in office. His successor Governor Kathy Hochul seems much more likely to approve the new expansion, especially since she proposed to license three new commercial casino in the New York City area. Clearly, she is in favour of expanding betting and gambling in New York.

For now, New York bettors can use eight established sportsbooks in the state with a ninth (Bally Bet) set to launch sometime in spring 2022. Whilst this makes for a decent betting landscape in New York, many operators have been left out. An expansion would be extremely welcome as the market continues to grow and the revenue raked in from mobile betting in New York is considerable even under current circumstances.

How to get started in NY with a sportsbook or mobile betting app

Before you sign up at a sportsbook in NY, you must first decide which one you want to choose. Common aspects that will influence your decision are:

  • Availability of betting markets
  • Competitive odds
  • Special offers (free bets, odds boosts, etc.) and a welcome bonus
  • Convenient banking methods
  • Safe reputation
  • User-friendly app

Whether a sportsbook is for you, only a thorough review will answer. We have them ready for you, so be sure to check them out.

Once you have picked your sportsbook, signing up is easy. Here are the steps you need to follow:

  • Download and install the sportsbook app to your mobile device
  • Launch the app and hit the “Register” or “Sign up” button
  • Complete all your details (address, email address, user name, age, last four digits of your SN, etc.), note that the legal betting age in NY is 21
  • Confirm your email address
  • Make your first deposit
  • Claim your welcome offer (ideally, you should also be able to opt-out of the welcome offer, but often they are quite attractive)
  • Start searching betting markets for your favourite sports

It is as easy as that and the process is very similar for all betting apps. The differences are usually only in design and navigation.

Whichever betting app you end up choose, make sure it is from a licensed sportsbook that is legally allowed to offer their services in the Empire State.

What sports can you place wagers on in NY?

There are tons of sports available for betting in New York State. Needless to say, most bets are placed on New York’s excellent sports teams.

NFL

NFL fans can take their pick betting on the Buffalo Bills, the New York Jets or the New York Giants. Especially the Giants are one of the major NFL teams with the longest tradition among the three. Most sportsbooks will offer various bets such as point spreads, moneylines, player props and futures for NFL matches these teams participate in.

NHL

New York’s NHL teams have seen their ups and downs throughout the decades. The New York Rangers, one of the league’s Original Six, once faced a 54-year championship drought, but remain a beloved team. The New York Islanders hold four Stanley Cup titles, and the Buffalo Sabres have yet to win their first title.

NBA

The New York Knicks, at home at Madison Square Garden, are undoubtedly one of the most iconic NBA franchises. They have celebrated many successes, though recent years have seen a bit of a slump. Fans remain undeterred, though. Which is true for Brooklyn Nets fans as well. The franchise has an interesting history and has yet to bring home its first championship title.

MLB

The oldest team in all of New York’s professional franchises are the legendary New York Yankees. Since their foundation in 1901, the team has scored 27 championships, more than any other sports franchise in North America. But the New York Mets are also worth their fans’ adoration, remaining a very competitive teams since their foundation.

WNBA

The New York Liberty are one of eight original franchises founded as part of the newly established WNBA in 1997. Whilst they have managed to win three conference titles and played in the WNBA finals four times, they have yet to win a championship. Interestingly, the team jerseys are sponsored by FanDuel.

NCAA

Betting on NCAA events in New York is possible, but there are restrictions. NY sportsbooks are not allowed to offer betting options for New York state colleges, no matter where they play. Additionally, even if non-NY college teams compete against each other within New York state borders, you won’t be able to bet on them.

That said, NCAA tournament games that take place within New York are available for betting as long as no NY college team participates. And you can bet on NCAA games taking place elsewhere in the country as long as no NY teams participate there either.

Other sports

The big sports aside, you will also be able to find plenty of betting opportunities on sports such as tennis, golf, boxing, motorsports, European soccer leagues, MLS, swimming and much else. Often, niche sports are not available as they are not particularly sought after by bettors. And betting on politics or special TV events (such as the Oscars) is usually not possible either.

NY Sports Betting FAQ

Do I need to be a NY resident to bet on sports online?

No, but you do need to be physically located within NY borders when you register your account and when you use the sportsbook app. Also keep in mind that the minimum required age to register an online betting account is 21 in NY.

Does the high tax rate in NY affect the odds I am getting here?

Thankfully, no. Whilst the tax rate for sportsbooks in NY is currently 51% (which is higher than anywhere else in the US), sportsbooks offer the same pricing and odds to their customers in NY as they do elsewhere. Operators such as DraftKings pay the taxes themselves instead of increasing their prices on the customer’s end.

Is Daily Fantasy Sports (DFS) legal in NY?

Yes, despite a ban in 2015, DFS has been legal in NY since 2016 and operators such as FanDuel or DraftKings can offer their services legally to NY residents.

Can I bet at offshore sportsbooks?

Technically, nothing can stop you from using an offshore sportsbook to bet online. But since mobile betting is legal in NY, you should have no need to. Plus, using a sportsbook licensed by the New York State Gaming Commission is much safer for you.

Should I claim a welcome bonus when I register at a sportsbook in NY?

That’s really up to you. All NY sportsbooks offer a welcome bonus, and they are often quite similar on the surface. But be sure to check the terms and conditions as they can be rather different. A solid risk-free welcome bonus can really enhance your first steps with a new sportsbook, but be sure to shop around first.