New York Sports Betting: Best NY Online Underscoreg Sites July 2024

NY sports betting key developments and updates

Is sports betting legal in New York?

Yes, sports betting is now legal in New York. Legislation allowing for state-wide mobile sports wagering was signed into law by former Gov. Andrew Cuomo in April 2021, with final regulations not being adopted until November 2021. Legal mobile betting officially began on January 8, 2022.

New York sports betting quick facts

New York sports betting promos and bonuses

In early 2022, New York sports betting sites went live, but their novelty has not faded yet. Operators are still luring new players with enticing welcome bonuses worth hundreds and even thousands of dollars to attract registrations.

Don’t miss out on claiming the generous promotions available when signing up for an online sportsbook or one of the many New York sports betting apps.

• Caesars Underscoreg: $1,000 first bet on Caesars
• FanDuel: Bet $5, win $200 in bonus bets
• DraftKings: Bet $5, get $150 in bonus bets

If you are currently a customer of one of the mentioned outlets, the promotions they are offering can provide real benefits. Daily bet insurance and boosted odds offer added value and can help protect you during a losing streak.

Top New York sports betting sites

All New York betting platforms are recognized for their unique betting characteristics, with BetMGM standing out as the “King of Parlays” for providing the highest number of parlay odds compared to other sportsbooks. Our compilation showcases the standout features of the seven other sportsbooks in New York.

Gambling Problem? Call 1-800-GAMBLER.

Why DraftKings is the best sportsbook in New York

Bet $5, Get $150 in Bonus Bets

Terms and conditions apply.

Claim $150

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and physically present in NY. For help with a gambling problem call 1-877-8HOPE-NY or text HOPENY (467369).

Just as Babe Ruth earned the title “Sultan of Swat,” DraftKings deserves to be called “The Colossus of Clout.” This top player in the industry is constantly pushing boundaries and defeating competitors in the race to be the best sportsbook in New York, even though the debate between FanDuel and DraftKings remains heated.

DraftKings was among the first betting sites to debut mobile betting in New York on its launch day. Known for its exceptional user experience, extensive betting options, live in-game betting, live video streaming, and generous welcome bonuses, DraftKings has established itself as one of the top prop betting sites for football enthusiasts.

New players in New York can claim the current welcome bonus without needing a DraftKings promo code. By betting $5 on any sports market, you can receive $150 in bonus bets.

Other New York online sportsbooks and sports betting apps

Caesars New York

$1,000 First Bet on Caesars

Terms and conditions apply.

Claim $1,000

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and physically present in NY. For help with a gambling problem call 1-877-8HOPE-NY or text HOPENY (467369).

Having spent years in the Las Vegas desert, Caesars Underscoreg has expanded its presence across the United States and is focusing on a strong marketing campaign in New York. The welcome bonus, offering up to $1,000 as a first bet on Caesars, is considered one of the best sign-up promotions in the nation. Don’t forget to use the Caesars Underscoreg promo code SBRBONUS1000 when registering.

Caesars prides itself on offering its online sportsbook customers the same rewards as those who visit its retail sportsbooks and casinos. Whether you win, lose, or draw, you can earn rewards points that can be redeemed for bonus funds and exclusive experiences unique to Caesars.

Review of Caesars: A Guide to Sports Betting in New York

FanDuel New York

Bet $5, Win $200 in Bonus Bets

This offer is only available to new customers who deposit a minimum of $5. Place your first bet of $5 or more, and if your bet wins within 72 hours, you will receive $200 in Bonus Bets.

Claim $200

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and physically present in NY. For help with a gambling problem call 1-877-8HOPE-NY or text HOPENY (467369).

The executives at FanDuel should be commended for securing a betting partnership with the New York Yankees, which will greatly enhance their marketing efforts in a competitive state like New York. FanDuel NY is offering a special promotion where customers can bet $5 on any market and receive $200 in bonus bets if their bet is successful, no promo code required. Furthermore, both new and current users will receive daily boosts or bonuses throughout the summer.

The app ratings for iOS and Android are marginally superior to those of DraftKings, consistent with its branding as the top sportsbook app in America.

The live in-game betting and live video streaming of select events offered by the FanDuel Underscoreg mobile app are strong incentives for downloading it. FanDuel is also recognized as one of the top NFL same-game parlay betting sites for pioneering this feature.

Review of FanDuel: The best place to bet on sports in New York

BetMGM New York

The famous Las Vegas gambling brand has now launched in New York City. They are known as the “Parlay King” for good reason. With a wide range of pre-made parlays available every day, as well as a user-friendly bet builder feature, creating your own parlay is quick and simple.

The BetMGM mobile app has received numerous positive reviews from both Apple and Android users, making it a standout option for New York bettors. Users can easily find games and wagers, review odds, add picks to their betting slip, and place bets quickly on either platform.

At present, BetMGM NY does not provide a welcome bonus, therefore a BetMGM bonus code is not required. Any updates to this information will be promptly noted.

Review of BetMGM: The best place to bet on sports in New York

BetRivers New York ⚡

Bonus bet up to $100

Terms and conditions apply.

Claim

Underscoreg Review may receive advertising commissions for visits to a sportsbook or casino betting site. 21+ and physically present in NY. For help with a gambling problem call 1-877-8HOPE-NY or text HOPENY (467369).

BetRivers, a proud offspring of Rush Street Interactive, is present in ten states, including New York. As one of the first mobile sports betting sites to debut on opening day in January 2022, it has made its mark in the industry.

The mobile app provides live in-game betting and live video streaming for important sporting events. Additionally, it is worth noting that Rush Street Interactive has consistently won numerous global gaming awards for the excellence of its betting products. New users can receive a $100 sign-up bonus without the need for a BetRivers bonus code.

Review of BetRivers: The best place to place sports bets in New York

New York sportsbooks honorable mentions

We have enhanced our list of the top five NY sports betting apps, but we highly recommend giving some attention to the two online sports betting sites highlighted below. If you are interested in learning more, consider exploring our detailed reviews of Bally Bet and BetMGM, as they may better meet your sports betting requirements.

• Bally Bet
• Fanatics

How we rate and review New York sportsbooks

Residents of the Empire State have eagerly awaited the opportunity to participate in sports betting since its legalization in 2013, well before the groundbreaking decision by the Supreme Court. With a plethora of nine online sports betting sites and apps available, choosing the right one can be overwhelming. But fear not, our team of sports betting experts has done the hard work for you. We have carefully evaluated and ranked each of the nine operators’ offerings, focusing heavily on key categories.

Welcome bonuses and promotions

The New York sports betting market is highly competitive, with billions of dollars in wagers made in 2022. Every sports betting site operator offers sign-up bonuses to attract customers, but the real value is in ongoing promotions such as bonus bets, bet insurance, odds boosts, and loyalty rewards.Operators must be creative to stand out in this competitive online market.

User experience

Evaluating online sports betting platforms and their user experience is a crucial aspect of our approach. New Yorkers value quality over style and we thoroughly analyze the functionality of each site or app. Our focus is on seamless navigation, fast loading times, accurate live odds, reliable customer support, and efficient payment processing.

Sports bet variety

Our experts have found that New York residents tend to favor betting on their local teams, but they also enjoy exploring a wide range of betting markets offered by online sportsbooks. In addition to daily NFL, NBA, MLB, and NHL betting odds, we also provide options for golf tournaments, European soccer odds, tennis majors, and lesser-known sports such as table tennis and volleyball.

Banking options

In the early stages of legal sports betting in the United States, banking issues were a common concern for SBR experts. Fortunately, the top NY sportsbooks have improved and now provide a variety of convenient banking options such as credit and debit cards, bank wire transfers, and third-party services like PayPal.

Payout speed

We examine the payout speeds of the nine sports betting operators in New York state. Imagine you’ve just won over $1,000 on a three-team NFL parlay and want to cash out. Waiting for a slow payout is frustrating, especially when it’s your hard-earned money. Our list of the quickest payout sportsbooks can assist you in selecting the best option for your needs.

Security and customer support

After years of experience, it is clear that new players will inevitably require customer support from online sports betting sites and sportsbook apps. This support may be needed for various reasons, such as account inquiries or clarifications on sports event rulings. The top New York betting sites provide round-the-clock customer support through phone, chat, and email. Among these options, live chat is the most efficient method for getting quick answers to any queries.

The security of your personal and financial information is crucial when using the sports betting app and account. That is why SBR’s editorial guidelines prioritize the operator’s use of software encryption and other web security measures to prevent hacks and unauthorized access to their systems.

How to start betting in New York

Getting started at legal New York sports betting sites is a breeze, whether you’re a beginner or an experienced handicapper interested in the New York Yankees World Series futures odds.

1. Select a sportsbook licensed in New York

The initial step is finding a sportsbook that meets your betting requirements. While it may require some research on your end, our team of sports betting professionals has simplified the process by conducting independent evaluations and reviews of all eight online NY sportsbooks.

Make sure to carefully review the welcome bonuses, ongoing promotions, and accepted banking methods that each operator provides before signing up for a new account. Once you have selected your preferred mobile sportsbook, create an account on the website and download the app onto your iOS or Android device.

2. Register online

To start signing up, visit the sportsbook’s website or install their mobile app. You will be prompted to input basic personal details, such as your full name, address, email, date of birth, and social security number. Providing your SSN helps verify your identity and streamline payouts in the future by syncing accounts.

After receiving an email verification from the operator, you will be able to activate your account. Following that, it is essential to generate a strong and unique password to secure your account. For maximum security, we suggest using a password that is at least eight characters long and includes a mix of uppercase letters, lowercase letters, numbers, and special characters.

3. Deposit

After registering and verifying your account, you will need to go to the cashier page of the online sportsbook. You can make your first deposit by linking your preferred banking method to your sportsbook account. Deposit options include credit card, debit card, bank wire transfer, and PayPal.

Make sure to look for promo code fields before making your deposit in order to receive the welcome bonus. While most operators now automatically apply promo codes, you don’t want to miss out on any bonuses by overlooking this step. After you’ve made your deposit, you can then place your first wager.

4. Make your first bet

The user experience of a sports betting app is crucial when it comes to deciding what to bet on, especially for beginners. Being able to easily navigate the app and place a wager with minimal steps is essential for a successful betting experience.

New York sports betting apps provide a wide range of markets, including popular leagues like the NFL and NBA, as well as international events such as golf and tennis tournaments. Additionally, UFC and heavyweight boxing matches continue to attract significant attention on fight nights.

You can choose from a variety of betting options including moneylines, point spreads, and point totals, as well as live betting in-game, same-game parlays, and player props. After selecting your bets, submit your bet slip and wait for confirmation.

5. Claim a bonus

Different bonuses may be claimed by making a deposit, while others require placing a small bet to activate them.

Please carefully review the terms and conditions of the sportsbook welcome bonus before placing your first bet. Keep in mind that with first bet insurance style bonuses, you must lose your first bet to be eligible to claim the bonus. Bet responsibly and within your budget to ensure you meet the necessary conditions.

6. Withdraw your payout

Great news! Your initial bet was a success! Now, if you’re looking to collect your winnings, simply navigate to the “Cashier” section of your account and select the “Withdraw” option. From there, you’ll be presented with a variety of payout methods to choose from. Select your preferred method, provide the necessary information, and indicate the amount you wish to withdraw.

Cash outs are usually processed in under five business days from the time of request to transfer confirmation. However, if you request a physical check to be sent to your residence, it may take up to 15 business days. Bonus funds cannot be withdrawn as cash immediately and must be wagered at least once before being eligible for withdrawal.

New York sports betting handle

New York saw a record-breaking $16.1 billion in sports betting handle in 2022. Throughout the NFL regular season months of October, November, and December, the state consistently surpassed $1.5 billion each month in wagers.

In the year 2023, New York experienced even greater success, with each of the mentioned months surpassing $2 billion in total handle. By the end of the year, the state had accumulated a total handle of $19.2 billion and gross revenue of nearly $1.7 billion.

In the first four months of 2024, there has been nearly an $8 billion handle, making it a promising year ahead. These profits will be allocated towards supporting underserved youth sports programs, problem gambling resources, and various treatment and educational initiatives.

2024

2023

2024

New York sports leagues and teams to bet on

New York and its residents are known for their love of sports, with passionate fans proudly showing off their local team colors. However, we advise new players not to let their emotions drive their sports betting decisions. Betting on hometown teams solely based on emotion can quickly deplete your bankroll. It’s important to do your research before placing bets on teams like the Bills or the Knicks, as factors like injuries, roster changes, and weather can greatly impact the outcome of games and your bets.

Aside from the leagues and teams mentioned earlier, betting on professional soccer is also popular. This goes beyond just wagering on European leagues such as the Premier League, as fans of Major League Soccer (MLS) can also bet on teams like the New York Red Bulls and New York City FC.

Sports enthusiasts have the option to browse through the best sportsbooks for individual sports, leagues, playoffs, and categories.

Legal New York sports betting options

New York has eight online sportsbooks and sports betting apps, while neighboring New Jersey has almost three times that amount.

New York’s online and mobile sportsbooks

Land-based NY sportsbooks

New York is home to a total of 11 retail sportsbooks, with four located within commercial casinos and seven situated on tribal lands in upstate New York. Each of these sportsbooks has formed a partnership with an online operator.

Who can bet on sports in New York?

Legal age

In order to place a legal wager in New York, potential sports bettors must be at least 21 years of age. However, individuals who are 18 or older are allowed to wager on the lottery and horse racing by the New York Gaming Commission.

Mobile betting

With the legal launch of NY sports betting in January 2022, New York residents and visitors now have the ability to place wagers on the go using one of nine available mobile sports betting apps. It is important to note that you must be physically located within the state in order to place a wager and withdraw any winnings.

Remote registration

New York sports bettors can easily register for an online sportsbook account without having to go to a physical location. All eight operators offer sports betting apps that allow for remote registration, making it quick and convenient to get started. These apps use geo-location services to verify your location.

Within state borders

In order to place sports bets online in New York, both residents and tourists must be physically located within state boundaries for the sportsbook to accept the wager. Geotagging technology is utilized by operators to verify the exact location of individuals when they attempt to place a bet. Betting apps and websites will only permit the submission of a bet slip if the user is confirmed to be within the state’s borders.

Retail sportsbooks

New York provides the opportunity to experience the excitement of a casino and retail sportsbook with 11 land-based gambling centers. Four commercial casinos and seven tribal casinos, including the Akwesasne Mohawk Casino Resorts, offer sports betting options. There is also speculation about the possibility of a casino being established in New York City, potentially in the heart of midtown Manhattan, generating interest from gambling companies and real estate developers.

Taxable winnings

The federal tax rate on gambling profits is 24%, and in New York, an additional rate of 8.82% applies to winnings over $5,000.

What you can’t bet on in New York

In New York, you can place bets on professional and international sporting events from around the world on a daily basis. However, in order to maintain the integrity of certain markets, the New York Gaming Commission has imposed restrictions on specific categories or markets.

Politics ❌

Given the high level of interest in political opinions in New York state, political betting markets would probably do very well. Unfortunately, it is currently against the law to bet on political events and election outcomes in New York. We don’t foresee this market becoming legal anytime in the near future.

Entertainment award ceremonies ❌

Betting on entertainment award shows such as the Grammys, Emmys, or Academy Awards is not allowed.

eSports ❌

The New York Gaming Commission should provide more detailed language concerning esports betting. In the meantime, it is best to assume the activity is illegal until the issue is officially reviewed by state regulators.

College sports

New York sports bettors are not allowed to place bets on college sports teams based in the state, but they can wager on college sporting events taking place outside of New York. This means that if you want to bet on the Big East Tournament at Madison Square Garden, you’ll need to find another location to place your bets.

Responsible NY sports betting

The New York Gaming Commission is responsible for overseeing all types of gambling activities within the state, including sports betting. Their jurisdiction includes monitoring online sports operators, retail sports betting, state lotteries, and horse racing markets. The NYGC aims to ensure transparency and integrity in online operations through fair play and regular audits and reviews.

The NYGC prioritizes consumer protection and provides various responsible gaming initiatives for interested individuals. Through a collaboration with the Office of Alcoholism and Substance Abuse Services and the New York Council on Problem Gambling, the NYGC established the Responsible Play Partnership. This partnership offers online resources and physical treatment centers for individuals struggling with gambling addiction.

People can choose to participate in self-exclusion programs that restrict or prohibit them from engaging in online or retail sports betting. The NYCPG provides specialized programs aimed at educating children about the warning signs of gambling addiction.

For assistance with problem gambling in New York, call 1-877-8-HOPENY or text HOPENY.

The national problem gambling helpline in the United States can be reached at 1-800-GAMBLER.

Underscoregs to avoid in New York

With sports betting now legal in New York and a selection of eight reputable online sportsbooks available, it is advisable to steer clear of risky offshore options. These offshore operations operate without regulation from the New York Gaming Commission, leading to reports of confiscated winnings, slow payouts, and subpar user experiences and customer support.

Growth of sports betting 📈

After PASPA was repealed by the U.S. Supreme Court in 2018, the legal sports betting industry in the United States experienced a rapid increase in growth. Nearly 30 states have now legalized various forms of sports betting, with the most common regulations allowing for online sportsbooks and mobile betting applications to be licensed. For more information about the legal sports betting status in any state, consult our sports betting tracker.

In the last two years, states such as Ohio and Massachusetts have experienced incredibly successful online betting launches. This has provided sports fans with an additional way to connect with their favorite teams, while also generating significant revenue for the states through licensing fees and taxes.

Legal North Carolina sports betting officially launched on March 11, 2024, introducing eight top sportsbooks to the Tar Heel state. With high-profile events such as the Copa America and Euro 2024 soccer tournaments taking place throughout the summer, the excitement and opportunities for sports betting fans are on the rise.