NY sports betting sites

In order to start betting on sports online, you’ll need to first find New York sports betting sites online. We sifted through a ton of NY sportbooks and narrowed down our list of the top 4 on the web. Find out why they made the cut and take a look at their current deals for new members below.

BetMGM sports betting site

BetMGM NY is one of the biggest names in online sports betting. They offer a wide range of sports markets, from the most popular to the most off the wall. Betting on sports online with BetMGM is simple and interactive, allowing bettors to do so on their desktop or via the mobile platform.

• Current deals: Bet, risk-free, up to $1,000
• Top sports markets: Football, basketball, and golf
• Payment methods: PayPal, debit and credit cards, bank transfer

DraftKings sports betting site

DraftKings New York is another top name in sports betting, making a name for themselves with their involvement with fantasy sports. Though many bettors choose them for their fantasy sports matches, they offer many more sports markets too. With DK, you’ll find deals and offers happening all the time, helping bettors get the most out of their betting day.

• Current deals: 100% deposit match up to $1,000
• Top sports markets: esports, MMA, and baseball
• Payment methods: PayNearMe, eCheck, debit and credit card

FanDuel online sports betting site

For those that like to compete, FanDuel New York offers a unique betting experience. Apart from betting on their favorite teams, bettors can also partake in tournaments that put them up against other bettors. From tournaments and deals to exclusive betting opportunities, bettors can find them all and more with FanDuel.

• Current deals: Bet, risk-free, up to $1,000
• Top sports markets: Motocross, boxing, football
• Payment methods: PayPal, bank transfers, eCheck

Caesars sports betting site

Caesars betting site in New York has one of the most competitive welcome offers on the web, offering bettors a chance to double their initial deposit. Caesars has been around for some time now, first taking a spot on the Vegas Strip and now making its way online. They have a ton to offer besides welcome offers, making it worthwhile to choose them as your preferred NY online betting site.

• Current deals: Up to $1,250 in Bet Credits
• Top sports markets: Basketball, baseball, and football
• Payment methods: Debit and credit card, PayNearMe, bank transfers

One of the sweetest parts of New York online sports betting is the welcome offer that’s offered by platforms for new members. The sign-up offer is not the only offer available for those betting on sports online, and we’ll introduce you to more NY online betting promos.

Welcome offers for NY sports betting sites

One of the largest offers that newcomers can get is a welcome offer. Welcome offers are a special way of getting new bettors and giving them a chance to try their luck on the top matches of the day, and here is what a few of them look like.

Risk-free offer at NY online betting sites

One of the most common offers offered by operators is the risk-free bet offer. With this offered, bettors can make a wager on eligible matches and, in case they come out on the losing end, still walk away with the same account balance.

When they offer risk-free bets, they look something like this:

• Bet, risk-free, up to $1,000.

When bettors get offered this risk-free bet, they should first look at the cutoff amount, choosing a deposit that’s suitable for their budget and will give them the best return. If they choose to add the max eligible amount, they can add $1,000 and bet $1,000 on their preferred match.

If they don’t come out on the winning end, they will still have $1,000 in their account. If they chose the winning team and won, they will walk away with more than they came, though a portion of the winnings goes back to the platform.

Either way, they are not walking away with any less than they started with, something bettors can rarely say when betting on sports online.

Match deposit offers from NY sports betting sites

Another popular sports betting offer for New York sports betting sites is the match deposit offer. With this offer, bettors can enjoy a percentage match to the first deposit (and sometimes the second) that they choose to add to their account. When they offer a match bet offer, it looks something like this:

• 100% deposit match up to $1,500.

With this welcome offer, you’ll be able to bet double what you started with, able to up your ante and enjoy more in return if you come out on the winning end. If you decide to deposit the max eligible for this offer ($1,500), then the platform will match your deposit 100%, bringing your total to $3,000.

Just like the risk-free bet offer, operators will not allow you to walk away with the entire amount you earned. Instead, you’ll only be able to get a small percentage of your earnings.

While our example was for 100%, there are some of them that will only match 50% or 25% of your initial deposit. Be sure to read the fine print before so you don’t get your hopes up.

Free bet offers from New York betting sites

Some operators also offer a free bet offer, one that will give bettors a free bet regardless of how much they deposit. Unlike other kinds of typical welcome offers, free bets are smaller in amount, as it’s free money that the casino is giving out.

In most cases, free bets look something like this:

• $25 free bet when you sign up.

Free bets typically do not exceed $50 and come with wager requirements that bettors will need to be aware of before to ensure that they can use them. Before taking off and betting, bettors should read the fine print and find what types of bets they can make as well as any odds or wagering requirements included.

Welcome offers are great but they are not the only type of NY betting bonus that members can score. A few other offers that are also common among them include:

No deposit offer

Even if you’ve already signed up with a platform and have already made a few wagers, there are options to score offers like a no deposit offer. With these, operators offer a offer that can be used without adding any funds to one’s account.

Just like free bet offers, most no deposit offers do not come with a big dollar amount behind them. Most no deposit offers fall under $50, allowing bettors to log in to their account and enjoy an incentive that will bump up their earnings if they are lucky.

Reload offer

NY online sports betting sites know that bettors sometimes come out on the losing end. When they do, coming back and betting again can take effort and funds, two things that run low when bettors lose. That’s where this offer can come in handy, changing things up when bettors are having a bad betting day.

With a reload offer, bettors can place a wager and, if they don’t come out on the winning side, can get their funds back thanks to a reload. This reload will add the funds lost back into the bettor’s account, allowing them to start fresh and try again with the day’s most anticipated sports matches.

Apart from offers, platforms are always releasing great deals for bettors that make their time betting on sports online much sweeter. Operators that offer New York online betting will typically release deals for both new and loyal bettors, a few of which are listed below.

Reduced Juice deals

Casinos are also a business and have to make money somehow. In most cases, they do so by taking a cut of what bettors win, reducing the amount that they walk away with. While it’s never a huge number, it still does take away from the total.

“Juice” is a term used with online betting that refers to the cut casinos receive when bettors are successful. So, when platforms run a Reduced Juice deals, they are taking less from bettors and allowing them to walk away with more in their pocket.

If you run into a Reduced Juice deals, you should first check out how much the reduction is and then read up on all the details to make sure the bet you’re making qualifies. Then, simply make your bet and follow along as the match unfolds.

Boosted odds deals

Odds determine how much bettors have to wager to bet and how much they earn if their bet is successful. For example, if we have the New York Giants going up against the Dallas Cowboys, you may have something like Giants (-220), Cowboys (+200).

In this example, the Giants are favored to win, and the Cowboys are considered the underdog. Without a boosted odds offer, you’d have to bet $220 on the Giants to earn $100 if they win.  When operators boost odds, they allow bettors to win more than they would if they come out on the winning side.

If they boost the odds on the match and you already have your bets in, you could walk away with $100, $200, or $250 depending on the details of the offer. Always check odds and always check for boosts, using them as a way to add more to your bankroll.

Refer-a-friend deals

Refer-a-friend offers are there to help sports betting sites with their services, using one of the best forms of advertisement, word of mouth. When bettors are satisfied with an operator, they will typically boast about it, giving their friends all of the details and encouraging them to get on board.

This offer is perfect for those that have had a solid experience, letting their friends in on the deal and earning bets and offers in return. As a reward for friends that sign up and make their first bets, sites will typically add a free bet offer or will allow bettors to collect a small percentage of earnings their friends make.

Either way, it’s a sweet deal that’s perfect for those who love to brag to their friends. Plus, when you’re all together, it could make matches that much more exciting to watch, adding some head-to-head competition in with it too.

Event deals

Sports events are not without their final shebang, each market with their own final tournament that has the world watching. Things like the Super Bowl, the World Series, and March Madness all have their own set of deals, most of which cater to the most popular bets.

You might be able to score free bets when you place a wager on a big event, boosted odds, or even cashback when you bet on your preferred team, so be sure to log in to your account when big events are set to happen.

Big sports events tend to bring in a lot of excitement and also come with decent odds since they generate so much revenue. Be sure to check out the possibilities for deals and make a combination of sports bets (prop bets, moneyline bets, and over/under bets) to increase your chances of hitting big.

If you’re ready to jump into New York online betting, then we’re here to be your guide. Getting started and placing bets is simple and takes little to no time at all. If you’re ready to start placing wagers in online platforms, here’s what you’ll need to do.

Find your platform

You shouldn’t have trouble running into NY betting sites. They are all over the web and all of them will claim to be the best and come with the best offers and deals. However, as you might already know, that’s not the case, with some much better than others.

We outlined 4 of our favorites, all of which have a ton to offer all types of bettors with all types of budgets. Be sure to check them out before you venture out on your search and choose one (or all!) to start making your bets. Check the payment methods and sports markets and be sure to check out the welcome offers too!

Create your account

For sports betting New York betting, you’ll need to create an account that you can use to log into your preferred one. To do so, visit the home page of the platform you’re interested in and enter all of the required information. That includes your name, email, and phone number.

Once you have created an account, you’ll have to verify your identity, which you can do with a valid ID and a bank statement. They will look for proof of address and proof that the name on your banking account matches yours to prevent stolen identities.

Log in + download the platform

The verification process can take up to 24 hours, so hang tight while your account is being verified. Once you’re in, you can log in to your account and explore before moving on to the next step. It’s also a good idea to go ahead and download the platform, logging into it so that you have instant access to your mobile phone.

Claim your offer

Most will offer an offer upon signing up. This welcome offer is yours to claim once you have your account up and ready to go. Not all welcome offers are the same, so you’ll first have to read the details and determine your next step.

In most cases, you’ll have to claim your offer and use it within a certain period of time, as it loses validity. You may need to enter a deals code for some welcome offers, so if you do, be sure to copy it so you can paste it and claim it while adding your funds.

Add Funds

NY betting sites typically have a list of payment methods they accept for both deposits and withdrawals. Be sure to check this list out before you sign up, ensuring that they offer your preferred payment method. Using one of the accepted payment methods, head over to your account and add funds.

Don’t just add any amount, add one that fits within your budget and gives you the max return on your bet. For example, if you have a 100% deposit match up to $1,000, then you should deposit as much as you can to get the most benefit. That could be $1,000, $500, or even $100.

Browse Bets

Now that you’re officially in, you can browse bets and see what’s happening in all sports markets. Take a look at matches with the best odds to increase your chances of a successful betting day. Once you’re familiar, you can dig in a little deeper before you make your first bet.

Do your Homework

Betting on sports takes a lot more than just luck. Before placing a bet on your preferred matches, it’s good to do some digging, checking the odds and stats.

There are tons of resources and commentators that you can tune into to get a better idea of how teams will play up against one another, so be sure to check them out to increase your chances of winning with your first bet.

Make your First Bet!

With all that done, you’re ready to make your first bet! Simply choose the match, place your wager, and follow along as you watch your chances unfold. You’re not likely to lose too much, especially if you’ve claimed your offer and received some extra cash.

Stay tuned to the match to see how you do and, if you’re streaming live, don’t forget about live betting if you think the match is going in a certain direction.

Collecting your Winnings

If you are successful your first time around, you might have earned some winnings from your bet. To get a hold of them, simply head to your account and select your preferred withdrawal method. Then, add the amount you want to withdraw, and voila! You’ve just collected your first earnings.

Sports betting has been around for ages, though it hasn’t always had the best reputation. From Hollywood depictions of betting to connections with crime, sports betting hasn’t always been seen in the best light, leading many states to keep it illegal. New York legalized betting back in 2013 thanks to the Upstate New York Gaming Economic Development Act.

Knowing the economic impact that sports betting can have on a state, it’s easy to see why they legalized it, though bettors might not know some particular laws and regulations associated with it. Below, we’ll point out a few, helping you navigate the legality of betting.

Betting age

According to the laws, only those who are 20 years of age and older can bet on sports. This is also true with online betting in New York, with each member of a platform having to verify their identity before betting.

Betting restrictions

Though anyone over the age of 21 is eligible to bet on sports, there are a few laws that prevent a particular set of people from sports betting. According to New York law, the following are prohibited from betting on sports:

• –         Athletes who participate in matches where bets are held. This typically involves both professional and collegiate athletes.
• –         Anyone who is a sports official (referee, coach, trainer) in an official sports league
• –         Those who have access to additional useful information that could determine the outcome of a sporting event. This includes commentators, analysts, and news anchors that receive the news first.
• –         Anyone deemed ineligible by a sports commission. Sports commissions have the right to ban anyone from sports betting.
• –         Anyone that could be seen as an influence on a team or a player on a team. This could be coaches, officials, or consultants, as they could sway the performance in hopes to come out on the winning side.

These laws are in place for those who are residents of New York and those that are not from New York but betting in the state. Those that are just visiting can bet in the state, as long as they have a legal license of some form.

Betting facilities

For both on-site and online sports betting NY, each casino must hold a license to operate in the state. For New York sports gambling online, the operator must have permission from the gaming commission and events must be approved before bettors are legally able to place wagers on them.

College sports betting in New York

New York has a similar law to many states that will not allow bettors to place wagers on events with college athletes or universities within the state. New York bettors also cannot place a wager on any college-level sporting event that’s taking place in the state.

Alternative bets in New York

There are many platforms out there that will allow bettors to bet on other events like the Grammys, MTV Movie and Music awards, and even Presidential Elections. However, in New York, betting on these events is prohibited.

One surprising event that is not included at the moment is esports, though New York is expected to change that just like many other states have. They are growing in popularity, becoming a sports bettor’s favorite.

New York sports betting and taxes

One of the main reasons for the legalization of sports betting in New York was due to a push for economic gain. Several other states have legalized gambling as a way to increase revenue, using that toward education, infrastructure, and more.

Apart from collecting the overall revenue from sports betting, New York also adds a 10% tax rate onto the revenue that they collect. As far as bettors, the winnings that they earn are taxed, with a tax rate that falls anywhere between 4% and 8.82%.

These rates increase as the earnings increase, so anything above $1,077,550 gets taxed 8.82%. Currently, New York betting has accounted for $10.7 million in revenue for the state. Though that seems like a significant amount, New York is still one of the lowest-grossing when it comes to casino revenue.

Betting location

While New York online betting can take place from virtually anywhere, the laws are pretty strict when it comes to the location of casinos in New York. The initial legal casinos in the state are all upstate, attempting to boost the economy in that area by bringing in revenue and providing jobs.

For all casinos that are looking to open in the near future, New York also prohibits them from doing so near places with a lucrative NYC market. They want to limit taking business away from other businesses and reduce competition by having too many businesses all in one place.

If you’re ready to start sports betting New York online, then head to any one of our top 4 NY online betting sites. Be sure to choose your bet wisely and stay within the legal limits to get the most out of your online sports betting experience.