New York is now the legal sports betting leader in the United States, and it happened quickly after online sportsbooks first launched. New Jersey was the leader in the U.S. before that, but New York has been able to attract a record number of wagers, especially online.
The state of New York officially launched retail sports betting in 2019 and this state was actually in the middle of the battle with the professional leagues in the country. The United States Supreme Court eventually ruled in favor of the states and it gave New York the power to offer legal sports betting.
Online sportsbooks finally went live in January 2022 and that is when the state finally took off in this industry. New York has shattered U.S. sports betting records since March and it will continue to lead this industry in the coming months.
TOP 3 NEW YORK SPORTSBOOKS
Active New York Online Sportsbook Operators
The list of active online sports betting operators in the state of New York is small compared to the population in the state. This hasn’t been a problem in terms of the total amounts of bets that come in each month, and New York has continued to rack up the tax revenue.
There are now nine online sportsbooks in the state of New York, and that is currently the maximum that can be allowed in the state. New York could eventually offer more sportsbook licenses, but nine is currently the limit.
Despite a limited number of sportsbook options, New York has been able to attract some of the biggest names in the industry.
- Bally Bet Sportsbook: Bally Bet Sportsbook is the latest option in the state of New York as it officially went live on July 7, 2022. Bally Bet had the opportunity to launch on the first day that online betting opened, but chose not to compete with the big names and their welcome bonuses.
- BetMGM Sportsbook: BetMGM Sportsbook first launched on January 17, 2022, just a few days after the first wave of sportsbooks went live. BetMGM is the product of MGM Resorts International, and it has become one of the three-biggest online operators in the United States.
- BetRivers Sportsbook: Rush Street Interactive (RSI) is the parent company of BetRivers Sportsbook and it launched on January 8, 2022. The Rivers Casino and Resort is a popular option in New York and that helped BetRivers get off of the ground.
- Caesars Sportsbook: Caesars Sportsbook got off to a huge start in New York when it launched on January 8, 2022. Caesars is still a big name in the New York industry and it offers some great promotions.
- DraftKings Sportsbook: DraftKings Sportsbook has a large presence in New York and the online sportsbook and mobile app launched on January 8, 2022. DraftKings has terrific promotions to new and current customers to go along with a great loyalty rewards program.
- FanDuel Sportsbook: FanDuel Sportsbook is the king of online sports betting, and it launched on January 8, 2022 in New York. This company was once simply known for DFS, but it provides a great online sports betting experience.
- PointsBet Sportsbook: PointsBet Sportsbook has a U.S. headquarters in Denver, Colorado, but it is a company from Australia. PointsBet went live on January 25, 2022 and it brings a unique betting experience to the state.
- Resorts World Sportsbook: Resorts World Sportsbook is the outlier in New York as it’s not a big name in the sports betting industry. Resorts World launched on March 2, 2022, which allowed it to take advantage of betting on the NCAA Tournament.
- WynnBET Sportsbook: WynnBET Sportsbook launched in New York on February 4, 2022, just in time for the Super Bowl. WynnBET is starting to make a push in this industry throughout the United States as it is a massive name in Nevada.
New York Sportsbook Welcome Offer
When New York first launched online sports betting, the active sportsbooks at that time were all offering huge welcome bonuses to new customers. That has cooled off a bit of late, but you can still find welcome offers from most of the sites that are live and open for business in New York.
Welcome offers typically come in the form of a risk-free bet or deposit bonus, but there are other options that can be found as well. Each online sportsbook is able to create its own welcome bonus as a way to attract new customers to the site.
- Bally Bet Sportsbook Welcome Offer: Bally Bet Sportsbook has not yet announced a welcome bonus offer for new customers in the state of New York.
- PointsBet Sportsbook Welcome Offer: PointsBet Sportsbook offers all new customers a $1,500 risk-free bet on the first points betting wager that is placed, and a $500 risk-free bet on the first fixed odds wager at the site.
- Resorts World Sportsbook Welcome Offer: The welcome offer from Resorts World is a risk-free bet wroth up to $500 as long as the first wager is at least $25 or more.
- WynnBET Sportsbook Welcome Offer: The welcome offer from WynnBET Sportsbook is a bit different than other sites. If you place at least $100 worth of wagers with odds at -120 or greater than you will receive $100 in free bets to use at the site.
New York Sportsbook Promo Codes
You will find the latest and top promo codes for sportsbooks in the state of New York right here at this site. Using a promo code is the best way to unlock the top offers from each of the nine online sportsbooks and those promo codes can change often.
- PointsBet Sportsbook Welcome Offer: PointsBet Sportsbook offers all new customers a $1,500 risk-free bet on the first points betting wager that is placed, and a $500 risk-free bet on the first fixed odds wager at the site.
- Resorts World Sportsbook Welcome Offer: The welcome offer from Resorts World is a risk-free bet wroth up to $500 as long as the first wager is at least $25 or more.
- WynnBET Sportsbook Welcome Offer: The welcome offer from WynnBET Sportsbook is a bit different than other sites. If you place at least $100 worth of wagers with odds at -120 or greater than you will receive $100 in free bets to use at the site.
New York Sportsbook Promo Codes
You will find the latest and top promo codes for sportsbooks in the state of New York right here at this site. Using a promo code is the best way to unlock the top offers from each of the nine online sportsbooks and those promo codes can change often.
If a sportsbook has a promo code out there then you will have to enter that code to get the best welcome offer from the New York sportsbook. A promo code is a great way for sportsbooks in New York to get new customers to the site, and they can also track who and when those new accounts are coming in.
- Bally Bet Sportsbook Promo Code:
- BetMGM Sportsbook Promo Code:
- BetRivers Sportsbook Promo Code:
- Caesars Sportsbook Promo Code:
- DraftKings Sportsbook Promo Code:
- FanDuel Sportsbook Promo Code:
- PointsBet Sportsbook Promo Code:
- Resorts World Sportsbook Promo Code:
- WynnBET Sportsbook Promo Code:
Deposit/Withdrawal Methods Available in New York
Making a deposit or requesting a withdrawal at a retail sportsbook in New York is a pretty simple process, and the money can be transferred quickly. It gets a little bit trickier when banking at online sportsbooks in New York, but banking has improved tremendously in the online sports betting industry.
All of the banking transactions that you are going to make will be safe and secure, and you usually won’t have to wait long for the money to be transferred. There will be more deposit options available to you than ways to receive your winnings, but both processes will have some great options.
Deposit Options
When it comes to making a deposit at an online sportsbook in New York, most bettors now prefer to use PayPal or Skrill. PayPal is typically found at all of the online sports betting sites in the state, and it is a great way to send money back and forth quickly.
Sportsbooks are now also offered a Play+ Prepaid card, and this is another great option to use as the money can go back and forth quickly. Simply put money onto your prepaid card and then you can link that to your sports betting account.
If you prefer to send money straight from your bank account then that will be an option that is available to you as well. Online bank transfers are extremely safe, but you might notice that it takes a day or so to process.
Finally, you can always use a credit/debit card as well, and that is another transaction that is going to be safe and secure. If you are in a retail sportsbook in New York then you could visit the casino cage to fund your account.
Withdrawal Methods
Requesting a check by mail used to be one of the only ways to get your payments from online sportsbooks in New York, but that’s no longer an option at most sites. If you want to receive a check then you can click the ACH/Echeck option and have money sent to you in that form.
Using PayPal as a deposit method will allow you to use it as a way to receive your winnings also. As soon as you have your accounts linked together then the money can be sent back and forth in a timely manner.
An online bank transfer is another option that is available to you as a withdrawal method, but it could take a day or two to process. If you have the Play+ prepaid card then you could request your winnings to be reloaded back onto that card as well.
Pros & Cons of Betting Online in New York
Pros
- Online/mobile wagering available throughout the state
- Live streaming of games is available online at mobile sportsbook apps
- New York has some of the top online sportsbooks in the state.
Cons
- Limited number of mobile sportsbook apps available in New York
- High tax rate for online sports betting revenue impacts the betting lines
FAQ’s About New York Sports Betting
When did New York officially launch online sports betting?
Online sports betting in the state of New York officially launched on January 8, 2022 and four sportsbooks went live at that time. New York had retail sports betting in 2019, but there were limited options for residents in the state.
What is the legal gambling age in New York?
The legal gambling age, including betting on sports, is 21 years of age or older in New York. This is the standard age throughout the country, but some states have lowered the legal gambling age to just 18.
Can you bet on college sports in New York?
Betting on collegiate sporting events is legal in New York, but there is a restriction that outlaws betting on games featuring teams from the state of New York. There are similar restrictions in states throughout the United States, but it does limit the betting options.
Do New York online sportsbooks offer live betting?
Yes, live betting is an approved betting market in the state of New York and all of the top online sportsbooks will offer this type of wagering. Live betting odds come and go quickly and you must be ready to place a bet quickly.
Are mobile apps available for New York online sportsbooks?
Yes, you can find mobile sports betting apps for most of the online sportsbooks in the state of New York. These apps can be downloaded on both Android and iOS devices and will have the same features of online sportsbooks in the state.