The online sports betting industry in New York is still new and growing, having launched the first regulated sportsbooks in January, 2022. However, with more than 19 million residents and countless more visiting every year, NY sports betting is set to break some records.
The nine available sites have taken more than $10 billion in online and mobile sports betting in just nine months. Weekly revenue has surpassed $300 million in some cases, pushed heavily by the action provided by the NFL. If you are interested in joining the fun, we have the complete guide right here. Find the best NY sportsbooks to bet today.
New York regulators only issued a limited number of licenses for online sports betting. The operators were selected based on offerings and history, so residents have access to some of the best online sportsbooks in the nation. To further help you narrow down the options, we have ranked the top brands for sports betting in NY right here:
Since sports betting in New York is so new, it is important to keep up with the latest news. These are also great for getting an idea of how fast the market is growing. Just look at the latest figures:
Our short toplist of the best New York sports betting platforms is the result of thorough research of all available sites. We will go into a bit more detail regarding the top five brands below so that you can find the perfect fit from the very start.
These are all licensed and regulated by the New York State Gaming Commission and offer legit betting online and on mobile within state borders.
BetMGM is one of the biggest brands for online sports betting in regulated states throughout the nation. After first launching in New Jersey in 2018, BetMGM quickly expanded in New York as soon as the legislation allowed it. The site keeps an elegant design with a standard layout and quick-access buttons.
As for coverage, BetMGM NY is a complete sportsbook with betting options for all of the major leagues and big tournaments. This makes it ideal for sports betting fans in the Empire State who want to back local teams, like the New York Yankees, the New York Giants, the Brooklyn Nets, and any of the other iconic franchises based here.
The odds are very competitive as BetMGM will often have the best odds for big events. There are also some promotional inceptives to help players further improve their profits, like risk-free bets, boosted parlays, boosted odds, and exclusive MGM rewards.
FanDuel already had a large community of players in New York thanks to its premium daily fantasy sports platform. It launched its online sportsbook on January 8, 2022 and quickly became one of the top sites in the state.
We found FanDuel NY to be the perfect choice for beginners who want to take part in sports betting online and on mobile devices. The interface is as clear as it gets and there are various guides to help new users get settled in. Not to mention that your first bet on the sportsbook is risk-free, meaning that you get the money back if you lose.
For experienced bettors, the boosted odds will provide great value markets every day of the week. FanDuel often selects popular betting options for New York teams and events to list in this section. Some of the moneylines can increase by more than 150 for significantly more profits.
DraftKings is now live in New York with a NY sports betting app and an online sportsbook site. The platform is solid to say the least and the app makes it easy for traveling customers to bet in multiple regulated states. In other words, you can enjoy betting in New York and then switch to DraftKings NJ while using the same app.
The promotions are generally the same but there can be differences depending on the state. Bettors in New York have access to the best deals right now, including a first deposit bonus that is available on the entire site. New users can claim up to $1,000 and release it by betting on sports, taking part in DFS competitions, or even by playing casino games in states that allow it.
The US-based company also has other promotional offers and rewards active players with free bets, boosted parlay payouts, improved odds, and more. Moreover, DraftKings NY has an impressive range of sports available for betting that goes well beyond the major leagues.
The online PointsBet Sportsbook in NY stands out with its exclusive form of betting. PointsBetting allows users to place a bet and receive the payout based on the result, not just win or lose. It provides a high-risk, high-reward option that can apply to various markets for the major leagues.
For example, if you place a $10 unit bet on the total between the New York Giants and the Jacksonville Jaguars to be over 45 and the actual result is 50 points, you win $50 instead of the standard $10. This also goes the other way as incorrect bets cost more.
PointsBetting is available on a dedicated tab when viewing the betting options for the match. The NY mobile sports betting site also has fixed-odds markets across more than a dozen sports. It covers live events and generally maintains competitive odds, while adding some promotions on top for better results.
BetRivers may not have the best-looking online sports betting site, but it does have the longest page of promotions. The operator offers a wide range of deals for sports betting in New York, including a risk-free first bet, massive contests with real prizes, first bet insurance on the major leagues, parlay insurance, profit boosts, and more.
On top of everything, there is also a rewards program for BetRivers NY customers. Known as iRush Rewards, the program allows players to earn points when betting. This increases the level and unlocks various perks. Plus, you can use the points in the bonus store to buy free bets and other rewards. All of which have only 1x rollover for sports.
As for the coverage, BetRivers maintains a great range of markets for NY online sports betting. It covers more than a dozen sports and focuses on football, baseball, basketball, hockey, tennis, and soccer. The homepage also has a unique feature that shows recent winners and their payout based on the size of the bet.
New state legislation legalized sports betting in land-based casinos in 2013 and in-person sportsbooks opened their doors in 2019. In early 2021, regulators passed a new online sports betting bill and the first sites went live in January, 2022.
Pick one of the online sportsbooks from our toplist and go to the site. Here, register an account and verify your location within New York state borders. Make a deposit through any of the supported payment methods and place your bets by clicking on the odds buttons.
The top online sports betting sites in New York for 2022 are BetMGM, DraftKings, FanDuel, PointsBet, and BetRivers. These are all premium brands with full licenses from the NY State Gaming Commission.
The bonuses will depend on the NY sportsbook you join. Most sites offer a risk-free first bet after you register and deposit funds. Parlay boosters are also common among the top sites, giving you a larger payout for no extra charge.
The standard processing timeframe for online withdrawals at the best platforms for sports betting in New York is of 1-2 business days. Some operators can require up to five business days to accept requests, especially for new customers.
Yes, DraftKings is legally available in New York with a complete real money online sportsbook. It also offers daily fantasy sports competitions in the state.
Some of the most important aspects when choosing an online sportsbook are the sign-up bonus, the number of sports available, and key features like live betting and live streaming. The following table highlights the top five sites for online sports betting in New York along these lines.
Sports to bet on
Risk-Free Bet up to $1,000
20% Bonus up to $1,000
Risk-Free Bets up to $2,000
Risk-Free bet up to $100
Yes, customers of legal age can bet real money on sports in New York. The industry started by legalizing sports betting in commercial casinos throughout the state in 2013. It then expanded with land-based sportsbooks that first launched in July, 2019. While this wasn’t the fastest launch of in-person sports betting in the nation, it did set the tone.
A couple of years later, in 2021, NY lawmakers introduced a state budget bill that included online sports betting. After Gov. Andrew Cuomo signed it into law, online sports betting finally became legal in New York. It took a few months for the first sportsbooks to launch, which happened in January, 2022.
The New York sports betting regulations only allow for nine sites to be live. This is believed to provide enough competition while not overcrowding the market. All nine licenses are now live. Future amendments to the law may increase the number of available operators.
In order to bet on sports online in New York, customers must be at least 21 years old and be located within state borders. These are the two main terms imposed by the current regulations. Operators will verify the location using a plug-in for the browser, or location access on the phone when using a NY mobile sports betting app.
You don’t have to be a resident in the state as visitors can also access the online sportsbooks and bet real money.
There are also some details required when registering that have to be verified before making a first deposit on the selected platform. Here, we can mention the social security number and the name as being the main two.
If you meet the requirements to legally bet in New York, we have a quick startup guide to help you get through the registration. For this example, we are using BetMGM, but the process is very similar when it comes to any of the top New York online sports betting sites.
The first step will get you started right away. Simply go to BetMGM from New York and click the “Register” button from the top. The page will then change to show the registration form.
While some sites show the full sign-up form on one page, BetMGM NY will display it across several stages. For the first one, you just need a valid email address. Then, enter your name, date of birth, address, and other details in the boxes.
For an extra security measure, you will have to verify your phone number when signing in for the first time. Request the code by text message and then enter it on the site.
To bet and win real money, you first need to add funds to the account balance on the online sportsbook. This will help you save a lot of time in the long run since you don’t always have to pay for each bet with a banking method. Select an option and complete the payment.
You can choose from a long list of sports and leagues at BetMGM in New York. Add selections to the slip by clicking on the odds. Then, enter the stake in the bet slip and place the wager when ready. Your first BetMGM bet is risk-free, up to $1,000.
New York comes with some large taxes for operators, which have to pay 51% of their revenues. This is significantly more than in some of the other states close by, like the 13.5% tax in New Jersey.
For bettors, the tax is similar to other markets. There is a fixed federal tax of 24% that applies to all winnings. Most operators will withhold this amount from the payout and file the taxes on the user’s behalf.
Furthermore, there is also a state income tax that applies in New York. The rate depends on the total annual income, starting from 4% for income of under $8,500. Moving up the tax brackets a bit and we see that players with an annual income between $80,651 and $215,400 need to pay state tax of 6.33%.
And, residents of New York City have to pay an additional city income tax that ranges from around 3% to 3.876% for those earning more than $50,000 annually.
The best NY sportsbooks provide a great range of payment methods that can please most customers. Having different options available in the cashier makes it easy for everyone to add and withdraw funds. These methods generally fall into three main categories when it comes to online sports betting.
The first category is for cryptocurrencies, which have been on the rise in recent years. In fact, more sites accept crypto for online payments in 2022 than ever before. Unfortunately, this doesn’t apply to NY sports betting sites. Right now, there aren’t any licensed online sportsbooks in the state that support crypto banking.
The good news is that eWallet banking is widely supported for sports betting in New York. Top platforms allow deposits by PayPal, Skrill, Apple Pay, and other options. These are fast, secure, and easy to use online. The only downside is that you still have to set up an eWallet account and fund it with another banking option.
One big advantage that eWallets provide for New York sports betting is very fast withdrawals. Transfers don’t normally take more than a few minutes, allowing users to quickly have access to their winnings once the withdrawal request is approved. In contrast, bank transfers can take up to five more business days.
This is the largest category and also the most commonly used for online sports betting in New York. Traditional payment options include credit cards, debit cards, bank transfers, prepaid cards, and even cash at local casinos. These methods are already familiar to many bettors and this makes them very convenient.
Withdrawals with traditional payment options are not always the fastest, but they are safe and secure. For example, if you withdraw your winnings directly to your Visa debit card, you can immediately use the funds at just about any major retailer. However, you will have to wait 2-5 business days for the transfer to complete.
Online sportsbooks will often have bonuses and promotions for their customers. This is something that land-based sportsbooks rarely offer and represents an advantage to betting online. When it comes to the top NY sports betting sites, these are the main types of bonuses:
The standard match deposit bonus provides extra funds based on the size of the deposit. The actual value can range from 10% to over 100% and it depends on the operator. However, most NY sports betting operators don’t offer this type of match deposit bonuses.
The only exception right now is FanDuel with its 20% match deposit welcome bonus. Although users don’t get the extra 20% bonus right away, they can unlock the offer by betting on the sports on the site.
Sportsbook no deposit bonuses can come with different forms when betting online in New York. The first one to look for is the sign-up no deposit bonus, which consists of a small amount of funds for free, just for registering an account.
More common no deposit bonuses at NY sportsbooks come in the form of loyalty points. These are virtual points that you earn when betting real money on the platform. After you accumulate a decent amount, you can exchange them for free bets, or other perks. BetMGM has an awesome rewards program that benefits frequent bettors.
Some promotions can generate free bets for existing customers. The standard offer comes with a risk-free wager, usually on the first bet. If you lose a risk-free bet, you get free bets of the same value so that you can try again. We also found free bet rewards from loyalty programs and from special promotional campaigns.
While some free bets can have high rollover rates, the top New York sports betting sites featured throughout this guide will keep the wagering requirement to a minimum. As a result, you only have to use the free bet once and you keep the profits. Even if the stake isn’t included in the payout, you don’t have worry about long rollovers.
You will find more than a dozen sports for online betting in New York. While some sportsbooks can also cover some niche options, these are always the most popular picks:
NFL betting always attracts a lot of users from New York as the state is home to three major teams. All of the listed betting sites cover the matches throughout the regular season, the playoffs, and culminating with the Super Bowl. This is one of the biggest sporting events of the year, which also makes it huge for online betting.
Here is a list of NFL teams in New York:
When it comes to sports in New York, it is safe to say that basketball is one of the biggest ones. There are only two teams based in the state but their games attract a lot of viewers. NBA betting is also popular online as the top sportsbooks offer a wide range of props and also cover every game live.
Here is a list of NBA teams in New York:
Arguably the biggest sport in New York is baseball. Home of the legendary New York Yankees and the Mets, baseball is at the heart of the state. While there used to be more big teams in New York, several of them moved to other states. The long history is also packed with MLB trophies, although many of them are from the same team.
Here is a list of MLB teams in New York:
As we continue our list of popular sports for betting in New York, we have to talk a bit about hockey. NHL games are heavily featured at online betting sites and some of them even offer live streaming of the events. Plus, brands like BetMGM and DraftKings also sponsor some of the teams.
Here is a list of NHL teams in New York:
When it comes to betting on college sports in New York, there are some clear restrictions. Sportsbooks are not allowed to offer markets for matches involving NY colleges. Moreover, the platforms also don’t cover NCAA football games that take place in New York. As for all other games, you will be able to bet freely online.
The same college sports rules apply for NCAAB. Games that involve New York-based teams and games that are held in New York are strictly off limits. For everything else, the top betting sites provide a great range of markets with sharp odds and extra stats to help you make the best choices.
Golf is featured at all of the best New York sports betting sites. These cover the big tournaments, like the Majors and other events on the PGA Tour. Live streaming is sometimes provided, along with live betting markets while following the action. BetMGM stands out with a great coverage and sharp odds.
Unfortunately, most online sports betting sites in the state don’t offer horse racing due to local regulations. FanDuel is one of the exceptions as it comes with a dedicated racebook on the site. It allows users to bet on a wide range of horse racing meetings and also offers dedicated bonuses.
Daily fantasy sports officially became legal in New York in March, 2022. The Court of Appeals deemed it legal based on a 58-page report that indicates that DFS is a game of skill and not a game of chance. As such, it falls under a different set of regulations in New York. The two biggest DFS providers in the nation are FanDuel and DraftKings.
Live betting quickly became popular in New York when the sites went live. This feature allows users to bet on games and matches while they are taking place. Of course, the odds also change as the action progresses and experienced bettors can take advantage of small hints throughout the event. It also makes watching the game more exciting.
All of the leading online sportsbooks in New York support live betting. Some cover more sports than others and some platforms come with extra features, such as detailed statistics, a virtual representation of the game, and even live streaming. BetMGM is our top pick for live betting as it has all of these features and more.
According to NY laws and regulations regarding online gambling, only bets placed with licensed operators are legal. Sites based and licensed offshore are illegal in New York.
Moreover, there are some bets that not even licensed sportsbooks can offer. The most notable prohibited markets are for college games with local teams. The sports betting sites in NY can’t list events in NCAA basketball and football leagues with teams that are based in the state or played within New York.
Another situation where bets are illegal is if the majority of players are not 18 years or older. This refers to school sports and similar events.
The region around New York is quite welcoming when it comes to sports betting online.
New Jersey was the first state of its neighbors to regulate and launch online sportsbooks, back in 2018. While the regulations are a bit different between these two states, they actually share a lot of similarities as well. New Jersey was an example for New York when drafting the new sports betting law.
Pennsylvania has also legalized online sports betting in 2019. It hosts some of the biggest brands in the nation, some of which are also found in New York. Sportsbooks like DraftKings, BetMGM, and FanDuel stand out here.
Connecticut launched its first licensed online sportsbooks in October, 2021. This was only two weeks after retail sports betting became available in the state. However, the new regulations in Connecticut only allow for a few online sportsbooks, which operate in collaboration with local tribes and the state lottery.
New York approved set rules and regulations for retail sports betting in the summer of 2019. Initially, the New York State Gaming Commission approved four casinos to open in-person sportsbooks. By the end of the year, multiple tribal casinos also launched their own retail sportsbooks and this trend continued into 2020.
Now, there are more than a dozen land-based sportsbooks in New York, most of which are part of casino resorts. You can find the best ones below.
The Caesars Sportsbook at Point Place Casino takes up a massive area and comes with a TV wall of 24 feet, with an additional 30 TVs throughout the room. Bettors can follow the action from the luxury lounge chairs or from the communal tables. The sportsbook also comes with a welcome bonus and loyalty rewards.
Another Caesars Sportsbook that stands out in New York is at the Turning Stone Casino. It is located close to the entry and quickly makes an impression when you enter the casino resort thanks to the massive TV wall. In addition to sharp odds, bettors here can also benefit from award-winning dinning and a premium golf course.
Although the retail sportsbook closes at night, bettors can still place their wagers here thanks to 20 betting kiosks that are open 24/7. The many video screens will show all of the big sporting events taking place and the high-end bar can be the perfect place to wait and see if your selections were correct.
Although not the largest retail sportsbook in New York, FanDuel at Tioga Downs Casino Resort can still host around 50 people. Plus, there is also a racetrack here and so people are always moving back and forth, creating a busy atmosphere with plenty of winners.
Rivers is one of the big casino and betting brands in New York. Its experience from the land-based sector is now available online. However, for users who want to bet locally, Rivers Casino has it all, including a huge sportsbook with betting kiosks and walls of TVs.
BetMGM is the top NY sports betting site in 2022. The famous brand comes with a premium sportsbook in the Empire State, offering great odds for more than a dozen sports. It is the best platform for betting on NFL, NBA, MLB, NHL, and other major leagues and often provides loads of markets.
Secure banking methods ensure that managing your funds is easy, while the free BetMGM apps allow you to take the NY mobile sports betting action with you wherever you go, within state borders. Moreover, customers receive improved BetMGM rewards, parlay boosts, and other bonuses. Start today with a risk-free first bet in New York.