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Sports Betting

Five Things You Need to Know About New York Sports Betting, NY Online Sports Betting Apps

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Everything you need to know about New York sports betting and legal online sports betting in NY, with Free bet offers & promo codes

With more and more states getting into the action with sports betting, people in New York may be wondering “Where can I get involved with all this sweet sports betting I’ve heard so much about?” Sports betting has been legal in New York since 2013. The state has embraced gambling in casinos, so there are multiple places for bets in person. The next step is mobile sports betting, but it will likely be pushed back because of COVID-19. Here are the five things you need to know about New York sports betting and NY online sports betting apps.

1) Is New York Sports Betting Legal?

Legal sports betting is available in New York. Citizens of New York are welcome to bet on sports at any retail casino — this has been the case since 2013. You can bet on any of the major American sports at any of these casinos. New York has state-owned casinos, tribal casinos and horse racing/sports betting casinos.

Online sports betting, however, is currently not legal in New York. They have been working on getting an online sports gambling bill passed, but they have been behind a lot of other states in this regard. It is expected that the earliest New York could have online sports betting would be 2021, and with the recent events with COVID-19, this could be pushed back even further. New Jersey’s online sports betting has been a success, and with a much larger population in New York state, once the logistics get figured out, they are expected to have similar success.

2) What Bills are Currently Before the State Legislature?

Currently, there are no bills before the New York legisilature. There was a recent bill that was pushed for by Assemblyman Gary Pretlow, but it, unfortunately, failed to include mobile and online sports betting. Pretlow did say that he would be pushing for this again once they’re back in session and all of the craziness from the Coronavirus pandemic has dissipated.

The new proposal, Pretlow said, that would have mobile sports wagering, would also include an amendment to allow sports betting at sports arenas and facilities, as well as off-track betting parlors.

3) What are the Next Steps for NY Sports Betting?

DraftKings, FanDuel, BetRivers and PointsBet are all equipped for mobile sports betting when it becomes legal in New York. DraftKings and FanDuel have also had huge success in mobile betting since their implementation in New Jersey and Pennsylvania.

  • Rivers Casino and Resort – Partnered with Rush Street Gaming
  • Tioga Downs – Partnered with FanDuel
  • Del Lago Resort Casino – Partnered with DraftKings
  • Resorts World Catskills – Partnered with bet365
  • Turning Stone Resort Casino
  • Point Place Casino
  • Yellow Bric Road Casino

There will be a few others that are scheduled to open in 2020.

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4) What are the Most Popular Teams to Bet on in NY?

It’s not called the empire state for no reason. They have an empire of sports headquarters and teams teams within the state borders. New York City is home to the national HQs of the NFL, NBA, MLB, NHL, and MLS.

Without doubt, the New York Giants and New York Jets are two of the biggest dogs in the NY sports betting landscape. The Giants are arguably one of the most iconic football franchises in the country — and also the oldest team in the NFC East, having been around since 1925. The Jets debuted in 1960. Upstate, the Buffalo Bills and their crazy-awesome fan base are no slouch either. There are no shortage of games for football fans to get money down on.

Despite not having won a World Series title in — gasp — nearly ten years, the New York Yankees hold an absurd 27 World Series trophies. Just a subway ride away, the Mets can be found down in Queens, with a couple of World Series titles of their own.

The Knicks have been a punching bag of most NBA jokes of late, but they still garner quite the attention from the fans. With the Brooklyn Nets having moved into town a handful of years back, and now having Kyrie Irving and Kevin Durant on a revamped roster, it wouldn’t be surprising to see plenty of money flowing in on either of these teams.

New York has an embarrassment of riches in the NHL, boasting three NHL teams in the New York Rangers, New York Islanders and the Buffalo Sabres. If that wasn’t enough, the New Jersey Devils are just a hop, skip and a jump away. Of all those teams, the Rangers have the longest history in the NHL, having been one of the original six franchises and having claimed four Stanley Cups championships.

5) Is There Anything Else to Know About North Dakota Sports Betting?

To go along with legal sports gambling, you are able to bet on various other games in New York. Gambling on horse racing is allowed, as is the lottery. You are allowed to play daily fantasy contests in Maryland.

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Offshore sites are illegal to gamble on in New York. Online poker is illegal in New York.

A study from February 2020 suggested that New York is missing out on hundreds of millions of dollars each year by not allowing online wagering. Some think that the impact of COVID-19 could be a positive one for New York, as this could push them to legalizing casino gambling, sports betting and poker from the comfort of their citizens’ homes.

What are the Most Common Types of Bets I Can Make in New York?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Boston Celtics -6.5 (-110), moneyline -320

at Cleveland Cavaliers +6.5 (-110), moneyline +260

O/U 206

The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.

Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

New York Sports Betting FAQs

  1. Is Sports Betting Legal in State?
  2. How Can I bet in state?
  3. Will New York have Online Sports Betting or Sports Betting Apps?
  4. How Do I Open an Account?
  5. How Do I Deposit and Withdraw?
  6. Do I have to be in state to place a bet?
  7. What Games Can I bet on?
  8. What Companies Will be Offering Sports Betting?
  9. What Kind of Taxes Do I have to Pay?
  10. How Old Do I have to Be to Bet in State?
  11. What are the Betting Limits?
  12. Where Do I go if I have a problem?

Need more sports betting information? Check out the Awesemo betting home page.

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