Welcome to the exciting world of New York online sports betting!
Guide To The Best Legal Online Sportsbooks In New York
Legal online sports betting is now live in New York!
Sports betting in New York went live and legal in January of 2022, and already some of the biggest names in the betting world have made their way to the Empire State!
On this page, you’ll learn everything you need to know about NY online sports betting, including…
- How to sign up for an account
- What the top betting sites in New York are
- How to make deposits and withdrawals
- What sports you can wager on
- The different kinds of bets you can make
- What is and isn’t legal in NY
And much more!
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About online sports betting in NY
To say that online sports betting in New York was off with a bang might be an understatement!
On the very first weekend it went live on January 8, 2022, an estimated 8 million New Yorkers visited the state’s new betting platforms. That means the Empire State is well on its way to becoming the biggest legal sports betting state out there.
While online sports betting is fairly new to New Yorkers, in-person betting has been around for a while, since 2019. You’ll find the online versions of your favorite NY sportsbooks are just as easy to use as the ‘real’ thing.
About Betting America
With online sports betting in New York still so new, we understand that it can be difficult to decide which sites to trust. Instead of spending hours researching, reading reviews, and trying to separate that wheat from the chaff – you can leave all that to us!
If a site is listed here, you know it offers New York sports betting online at its finest.
How to get started with New York online sports betting
You can set up a new account by going to the website of your NY sportsbook of choice via desktop or laptop and following the steps for new customers.
Alternatively, you can download the sportsbook’s app on your iPhone or Android device and complete the registration process within the app itself.
How to sign up to a sports betting app in New York
To ensure you don’t miss out on a new account bonus, locate a promo code or follow one of the “Get Bonus” links near the top of this page.
Choose a sportsbook and follow the links to their website. You will be directed to the App Store download page. When you have installed the app on your iPhone or iPad simply follow the registration instructions provided.
Real money gaming apps are now also available for Android users in the Google Play Store. Follow the links to your chosen sportsbook’s website and you will be directed to the Play Store. Download and install the app and follow the instructions to complete your registration.
You’ll need to provide the following details to register for sports betting in New York:
- Date of Birth
- Email Address
- Phone Number
- Social Security Number (last 4 digits)
- ID may be required to verify your account
Below, you’ll find answers to the most commonly asked questions we get about online sports betting in NY.
WHAT TYPE OF BETS CAN I MAKE IN NEW YORK?
Moneyline Bets:This is the most popular bet type, it is simply betting on a specific team to win. The team with the negative sign is the favorite and the team with the positive sign is the underdog. Example: New York Jets are @ -165, New York Giants @ +140: the Jets are favorites and the Giants are underdogs. In this example if you bet on the favorite, the Jets, you have to bet $165 to win $100. If you bet on the underdog, the Giants, you’ll bet $100 to win $140. Moneyline bets on solely who wins.
Point Spread Bets:Also known as betting the spread, this bet is on who wins and by how much. It is used to even out the odds between two unevenly matched teams. The sportsbook estimates which team is expected to win and by what margin. The favorite has a negative sign and the underdog has a positive sign. Players then bet that the team expected to win will exceed the margin of victory and “beat the spread” or players will bet the underdog will lose by fewer points than the margin thus “cover the spread”. Example: Patriots vs Rams. Patriots are favorites (-5), they have to win by six points or more to beat the spread and the Rams would have to lose by four points or less to cover the spread. If a game results in the exact number e.g. in this case if the Patriots win by exactly five points it would be a ‘push’ and bettors on either side would be returned their original wager. The spread is often expressed in half points to avoid a “push”/tie.
Total Bets – Over/Under:This is a single wager that the combined score of a game will be over or under what the sportsbook sets it at before the game. The bettor is not concerned about which team will win but is concerned on the combined number of points/goals/scores scored by the teams by the end of the game. Those who think the score will be higher than that set by the sportsbooks are “taking the over”, those who believe the score will be lower are “taking the under”. Normally expressed in half points to avoid ties.
Parlay Bets:This is a type of wager that combines multiple individual bets into one bet. In order for the player to win, all the individual bets have to win. Despite your odds being lower to win, when you do win your payout is significantly higher. Parlays allow players to risk a small amount to win big.
Teaser/Pleaser Bets:These are a form of parlay bets. The differences are 1) all bets within Teaser/Pleasers are Point Spread Bets or Total Bets and 2) the spread is shifted either for the bettor (Teaser) or against the bettor (Pleaser). All the lines are shifted in the same direction either for you or against you for the same amount of points. Teaser: Here lines are adjusted in the player’s favor thus the player has a better chance of winning, however this will be at a lower payout than a standard parlay. Pleaser: The line is adjusted in the opposite direction of a teaser thus the line is adjusted in the sportsbook’s favor so the player has a lower chance of winning than a regular parlay but the payout will be at a much higher rate than a standard parlay.
Prop (proposition) Bets: This is a bet on something occurring that is not necessarily directly related to the final score. It is also known as a side bet. E.g. Lebron James Assists in a game 10.5; you could bet the over or under. Tom Brady 3.5 Touchdown Passes in a game; again you could bet the over or the under. Betting on the number of fouls in either half of a game or on someone running a mile in under five minutes would also be examples of prop bets.
Futures Bets:These are bets on an event occurring in the future. For example, you could bet on the New England Patriots to win the Superbowl at the start of the season. These are particularly popular in soccer, golf, tennis and Olympic events.
In-Play/Live Betting:This is betting on a particular sporting event after it has started. Odds are adjusted in real time depending on score lines, various statistics e.g. possession, injuries etc. Live betting allows continuous betting throughout the duration of a sporting event. Moneyline, Spread Bets, Prop Bets, Totals can all be placed during In-Play betting.
Round Robin Bets:This is similar to a parlay bet. A parlay is a collection of single bets combined into one bet; a round robin is a collection of parlays placed into one bet. As a result you do not have to win every bet within the round robin to win some money, there is room for some losses. However payouts will not be as high when some of the parlays within the round robin lose.
PointsBetting (Only on PointsBet):This is a brand new type of bet offered by PointsBet only. Wagers are placed on the points a team win by rather than simply the outcome of a game. E.g. $5 placed per point the Jets win by so if for example the Jets win by 9 points you would win $45, however if the Jets lose by 5 you lose $25. Essentially the winnings or losses are magnified depending on “how right” or “how wrong” you are. Wagers can result in big wins or but big losses can also occur.
Decimal/European Odds:These are different formats for expressing odds. The decimal odds number represents the amount a bettor wins for every dollar wagered. For the decimal odds the number represents the total payout including the original wager amount, not just the profit. Example: Decimal odds of 4.5 and you bet $1. If your team wins you get $4.50 back i.e. $3.50 profit. European odds, also known as fractional odds, are more common in European betting markets. To convert fractional to decimal, divide the top or first figure by the bottom or second figure then add 1. Example: 7/2 in fractional odds = 7 divided by 2 = 3.5 then add 1 which results in 4.5 in decimal notation.
WHO REGULATES ONLINE SPORTS BETTING IN NY?
CAN I BET ON COLLEGE SPORTS IN NEW YORK?
WHAT ARE THE TOP SPORTS BETTING SITES IN NEW YORK?
HOW DO I WITHDRAW MY WINNINGS FROM AN ONLINE NEW YORK SPORTS BETTING SITE?
WHAT DEPOSIT METHODS CAN I USE AT NY ONLINE SPORTSBOOKS?
Credit/Debit Cards:Most sportsbooks accept these for deposits. Options may be restricted to Visa and Mastercard. Some banks may block these transactions as they don’t allow deposits onto any type of gambling site despite the legalization of U.S. sports betting in 2018.
Electronic Wallets:Availability is dependent on the individual app/site but established eWallets such as PayPal or Skrill are an option on some sportsbooks. You can only withdraw using eWallets if you deposited with the same method first. Deposits usually process immediately.
Bank Transfer:Sports bettors can deposit by sending money directly from their bank accounts.
Prepaid Cards:These are like gift cards that players can use similarly to credit/debit cards to deposit any amount up to the value of the card. You can also withdraw to the prepaid card.
PayNearMe:Some sportsbooks offer this deposit-only method however you cannot withdraw via PayNearMe. You simply select it as your deposit option with the sportsbook, then decide on the amount you would like to deposit and the sportsbook sends you a unique barcode. You can then go to your nearest 7-Eleven/CVS/Family Dollar where the cashier will scan the barcode and you pay them the amount of the deposit. Typically, your deposit will process within 15 minutes and is then available to use on the sportsbook.
Check:You can deposit and withdraw using electronic check (eCheck) and you can withdraw by paper check. Typically, you cannot deposit directly to a sportsbook using a regular paper check. With eChecks, after a player requests their bank to transfer money from their bank account into a sportsbook, the request is first passed through a clearing house before the funds are transferred.
CAN I PLACE A BET WHILE OUTSIDE NEW YORK?
IS NEW YORK ONLINE SPORTS BETTING SAFE?
WHAT SPORTS CAN I BET ON IN NEW YORK?
- NCAA Football
- NCAA Basketball
- Nascar/Auto Racing
- Australian Rules
- Table Tennis
HOW OLD DO I NEED TO BE TO BET ONLINE IN NEW YORK?
IS ONLINE SPORTS BETTING LEGAL IN NEW YORK?
Thanks for reading! You’ve now got all the info you need to enjoy New York sports betting online with complete confidence.
Don’t forget to check out our Best Sports Betting in New York page for tips on maximizing your winnings, as well as the inside scoop on where to find the biggest welcome bonuses and best promos!