Guide to Sports Betting in NY

Sports betting is one of the most popular and exciting forms of gambling in the world. Millions of people enjoy placing bets on their favorite teams, players, events and outcomes every day. But not every state in the US has legalized sports betting yet. So what about New York?

New York is one of the states that has embraced sports betting and has a thriving market for it. In fact, New York is the number one state in sports betting revenue with $1.4 billion in 2022. But how can you get started with sports betting in NY? What are the best NY sports betting apps to use? What are the rules and regulations you need to know? And what are some tips and tricks to make the most of your bets?

In this guide, we will answer all these questions and more. We will give you an overview of the legal status of sports betting in NY, the best NY sports betting sites and apps, the types of bets you can place, and some frequently asked questions. By the end of this guide, you will be ready to join the action and have fun with sports betting in NY 2023.

Legal Status of Sports Betting in NY

Sports betting became legal in New York in 2019, after the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in 2018, which had banned sports betting in most states. However, at first, sports betting was only allowed at four upstate casinos: del Lago Resort & Casino, Resorts World Catskills, Rivers Casino & Resort Schenectady, and Tioga Downs Casino Resort.

In 2021, New York launched its mobile sports betting market, allowing online sports wagering through licensed operators. The New York State Gaming Commission (NYSGC) is the regulatory body that oversees sports betting in NY and issues licenses to operators. As of May 2023, there are nine NY sports betting apps available to download: BetMGM NY, FanDuel NY, WynnBET NY, BetRivers NY, Caesars Sportsbook NY, DraftKings NY, PointsBet NY, Bally Bet NY and Barstool Sportsbook NY.

To bet online in NY, you need to be at least 21 years old and physically located within the state borders. You also need to register with a licensed operator and verify your identity and age. You can use various methods to deposit and withdraw money from your account, such as credit cards, debit cards, e-wallets, bank transfers and prepaid cards. You can also use cash at some retail locations that partner with online operators.

You can bet on a wide range of sports and events in NY, including professional and college sports, international competitions, individual sports and more. However, there are some restrictions on what you can bet on. For example, you cannot bet on high school sports or amateur events involving minors. You also cannot bet on any college teams or events based in New York or involving New York teams.

Best NY Sports Betting Sites and Apps

With so many options available for online sports betting in NY, how do you choose the best one for you? There are several factors to consider when comparing different NY sports betting sites and apps, such as:

• The sign-up bonus and promotions they offer
• The range of sports markets and types of bets they offer
• The quality of the odds and payouts they offer
• The user interface and design of their website or app
• The customer service and support they provide
• The security and reliability of their platform

To help you make an informed decision, we have ranked the best NY sports betting sites and apps based on these criteria. Here are our top picks for June 2023:

1. BetMGM NY

BetMGM is one of the most reputable and trusted brands in the US gambling industry. It offers a great online sports betting experience for NY bettors, with a generous sign-up bonus of up to $500 in second chance bets. This means that if your first bet loses, you will get a free bet equal to your stake up to $500.

BetMGM also offers a variety of features that enhance your betting experience, such as live streaming, early cash out, sophisticated parlay builders and a variety of handicapping tools. You can bet on a wide range of sports and events, including live betting, futures and same-game parlay markets.

BetMGM has a user-friendly website and app that are easy to navigate and use. You can also access its online casino and poker platforms with the same account. BetMGM provides excellent customer service and support through phone, email and live chat. It also uses advanced encryption technology to protect your personal and financial information.

2. FanDuel NY

FanDuel is the market leading NY sportsbook app by market share. It has a loyal fan base of millions of users who enjoy its high-quality sports betting platform. FanDuel offers a no sweat first bet up to $1,000 for new customers. This means that if your first bet loses, you will get a refund in bonus bets up to $1,000.

FanDuel also offers a lot of promotions and incentives for existing customers, such as odds boosts, risk-free bets, parlay insurance and loyalty programs. You can bet on a huge selection of sports and events, including live betting, futures and same-game parlay markets.

FanDuel has a sleek and intuitive website and app that are fast and responsive. You can also access its online casino and fantasy sports platforms with the same account. FanDuel provides reliable customer service and support through phone, email and live chat. It also uses state-of-the-art security measures to ensure your safety and privacy.

3. WynnBET NY

WynnBET is a newcomer to the NY sports betting scene, but it has already established itself as a solid contender. It offers a generous sign-up bonus of bet $20 get $100 in bonus bets for new customers. This means that if you bet $20 on any market, you will get five $20 bonus bets to use on any market.

WynnBET also offers a range of promotions and rewards for existing customers, such as free spins, cashback, boosted odds and VIP programs. You can bet on a decent selection of sports and events, including live betting, futures and same-game parlay markets.

WynnBET has a simple and elegant website and app that are easy to use and navigate. You can also access its online casino platform with the same account. WynnBET provides friendly customer service and support through phone, email and live chat. It also uses secure encryption technology to safeguard your data and transactions.

Types of Bets You Can Place in NY

One of the best things about online sports betting in NY is that you can place various types of bets on different sports and events. Here are some of the most common types of bets you can place in NY:

• Moneyline: This is the simplest type of bet, where you just pick the winner of a game or event. The odds reflect the probability of each team or player winning. For example, if the New York Yankees are -150 favorites to beat the Boston Red Sox, who are +130 underdogs, this means that you need to bet $150 to win $100 on the Yankees, or bet $100 to win $130 on the Red Sox.

• Point spread: This is a type of bet where the favorite team or player has to win by a certain number of points or more, while the underdog team or player has to lose by less than that number or win outright. The point spread is designed to make the game more balanced and competitive. For example, if the New York Giants are -3.5 favorites to beat the Dallas Cowboys, who are +3.5 underdogs, this means that the Giants have to win by more than 3.5 points, while the Cowboys have to lose by less than 3.5 points or win outright.

• Total: This is a type of bet where you predict whether the combined score of both teams or players in a game or event will be over or under a certain number set by the sportsbook. The total is also known as the over/under. For example, if the total for the New York Knicks vs Brooklyn Nets game is 220.5 points, you can bet on whether the final score will be over or under that number.

• Parlay: This is a type of bet where you combine two or more bets into one wager. The payout is higher than if you placed each bet separately, but all your bets have to win for your parlay to win. For example, you can place a parlay bet on the New York Yankees to win their game, the New York Giants to cover their point spread, and the New York Knicks vs Brooklyn Nets game to go over the total.

• Prop: This is a type of bet where you wager on specific outcomes or events within a game or event that are not directly related to the final score or result. For example, you can place a prop bet on who will score the first touchdown in a football game, how many strikeouts a pitcher will have in a baseball game, or how many points a player will score in a basketball game.

• Futures: This is a type of bet where you wager on the outcome of a future event that is not happening soon. For example, you can place a futures bet on who will win the Super Bowl, the World Series, the NBA Finals, or any other championship or tournament.

• Live: This is a type of bet where you wager on events that are happening in real time during a game or event. Live betting allows you to take advantage of changing odds and situations as the game or event unfolds. For example, you can place a live bet on who will score the next goal in a soccer game, what the next play will be in a football game, or how many points a team will score in a quarter of a basketball game.

Conclusion

Sports betting is a fun and exciting way to enjoy your favorite sports and events. New York is one of the best states for sports betting, with a legal and regulated market that offers a variety of options and opportunities for bettors. You can choose from nine NY sports betting apps that offer generous bonuses, promotions, features and markets. You can also place different types of bets on different sports and events, including moneyline, point spread, total, parlay, prop, futures and live bets.

If you are interested in sports betting in NY 2023, you should check out our top picks for the best NY sports betting sites and apps: BetMGM NY, FanDuel NY and WynnBET NY. These are the most reputable and trusted brands in the industry, with high-quality platforms, competitive odds, excellent customer service and security. You can sign up with them today and start betting on your favorite sports and events.

FAQ

Here are some frequently asked questions about sports betting in NY 2023:

• Q: Is sports betting legal in NY?
• A: Yes, sports betting is legal in NY since 2019. You can bet at four upstate casinos or online through licensed operators.

• Q: How old do I have to be to bet on sports in NY?
• A: You have to be at least 21 years old to bet on sports in NY.

• Q: What are the best NY sports betting apps?
• A: The best NY sports betting apps are BetMGM NY, FanDuel NY and WynnBET NY. They offer generous bonuses, promotions, features and markets for NY bettors.

• Q: What types of bets can I place in NY?
• A: You can place various types of bets in NY, such as moneyline, point spread, total, parlay, prop, futures and live bets.

• Q: What sports can I bet on in NY?
• A: You can bet on a wide range of sports and events in NY, including professional and college sports, international competitions, individual sports and more. However, you cannot bet on high school sports or amateur events involving minors. You also cannot bet on any college teams or events based in New York or involving New York teams.