Online sports betting went live in New York on January 8th 2022, following the lifting of PASPA. The repeal of PASPA, a federal ban on sports betting, saw many states legalize online sports betting; a decision lobbied by politicians, sports organizations and civilians.
Since launching online betting, New York has evolved into one of the largest legal sports betting states by handle. According to statistics, in the first month of legalized betting, NY players wagered more than $2 billion in bets. This signaled the immense appetite for sports betting in the Empire State.
As soon as the ban on online sports betting was lifted, many big bookmakers launched betting services in the state. This included reputable operators such as Caesars, DraftKings, FanDuel and BetRivers. As the industry gathered momentum and player numbers swelled, more operators joined the party, with NY sports bettors now having tens of bookmakers to choose from when looking to place a wager online.
While NY bettors are largely interested in US sports, they have the option to bet on pretty much any sporting event taking place across the globe. This is because operators such as DraftKings and FanDuel carry odds for international markets such as British football, Canadian hockey, New Zealand rugby and so on.
When reviewing online sportsbooks in New York, we found the below markets to be the most sought-after amongst New Yorkers.
Although these are the most popular betting markets, New York online betting sites will also carry what are called ‘niche’ markets. These are sports or betting categories that sit outside the remit of popular sport. Examples of niche sports betting markets include handball and water polo.
Betting promotions play a crucial role in the online betting industry, with many bettors only wanting to place wagers with brands that incentivize them to do so. As more online sports betting businesses enter New York, a larger selection of promotions are being made available. What’s more, promotions are becoming increasingly generous, especially from big-name bookies such as DraftKings and Fanduel. This increase in promotional offerings is an attempt by bookmakers to win players.
Wondering what promotions can be claimed on New York sportsbooks? Here are the most popular:
New Player Free Bets
New player free bets are free betting credits issued to players after they sign up to a betting site. These free bets are used as an incentive to attract new players. Each bookmaker will take its own approach to how it packages its new player free bets. Where some will only be able to be used on specific sports and markets, others will be far more all-encompassing. This is why it is vital that all players read the terms and conditions of the new player free bets before they claim the offer. The terms and conditions will state exactly what the bonus can be used on and what the conditions are around withdrawing winnings made from the free bets. New player free bets can come in a variety of formats. These include risk-free bets, matched free bets, no deposit free bets and so on.
Risk-Free Bets
New York bettors are always looking for ways to reduce their risk of losing money when placing wagers. This is why risk-free bets have become particularly popular on New York betting sites. Risk-free bets are awarded when a player experiences their first loss. A bookmaker will reimburse a player up to a certain amount if their initial betting prediction proves incorrect.
No Deposit Free Bets
No deposit free bets are by far the most advantageous of all the betting promotions. That’s because they and one of the only betting promotions that require nothing from the player to claim. With no deposit required, no deposit free bets are actually the only truly free bonus type available to New York players.
Parlay Insurance
Parlay wagers are known for being risky. That’s because numerous selections need to prove correct in order for the bet to be paid out. For this reason, parlay insurance offers are hugely popular in New York. These protect players if one selection within the parlay wager loses, seeing the bookmaker still pay out on the wager.
Friend Referral Bonuses
Friend referral bonuses are found on most NY online sports betting sites. These are bonuses or free bets issued to players that recommend their betting site to others. Most bookmakers will request that the new player deposit and place a wager before the bonus money is released.
Odds Boosts
Getting the best odds for your selections will be a mission of yours, especially if you are confident in your wager. Odds boosts are a type of promotion that most NY online sports betting operators are now offering. Odds boosts can be sourced from bookmakers such as Caesars, BetRivers and BetMGM.
VIP Programs
Bookmakers will go to great lengths to encourage players to stay betting with them. This is why most will have a VIP program listed in the promotions section. VIP programs incentivize players to bet regularly, providing free bonuses and other rewards in exchange for the player’s loyalty.
Register your new DraftKings NY account and redeem $1,000 New Player Offers
Fanduel is one of the biggest names in the US betting industry, quickly evolving into the betting site of choice for New Yorkers. With a commendable selection of markets paired with some of the biggest bonuses we have seen, the root of the brand’s success is pretty obvious.
Fanduel is also a stickler for safe gambling and runs various campaigns to create awareness of safe gambling tactics and tools. For players looking to air on the right side of caution, Fanduel is worth registering with.
Caesars Sportsbook is the online betting service launched by the famous Caesars Entertainment Inc. Caesars, which came to New York in 2022, offers a great selection of markets and bet types to players. Betting markets include everything from basketball and football to baseball, golf and UFC. Also, the list of markets accessible is growing by the day!
The list of bet types covered is also plentiful. These include an impressive selection of moneyline, over/unders, outright and goalscorer markets.
The process of signing up to Caesars sportsbook is very user-friendly, as is the betting platform itself. Therefore, if you are new to the world of online betting and just finding your feet, Caesars is a great place to start.
Sign up to Caesars NY today to claim the new player bonus available.
BetMGM was founded in 2018, launching in the New York market soon after it opened for business in 2022. The brand is a joint venture between MGM Resorts and Entain Holdings, two of the industry's biggest players.
As well as a great selection of online betting markets, BetMGM has made a name for itself for its offering of risk-free betting offers.
The advanced single-game parlay builder is another standout feature. If you enjoy placing parlay and multiple wagers, BetMGM NY will have an option for you.
The NY online betting site is currently offering a chunky new player package. If you are thinking about registering an account, now is a great time to do so!
Betrivers is a popular NY sportsbook for players interested in live betting markets and promotions. In what is fast becoming a crowded market, Betrivers has differentiated itself from other sportsbooks due to its offering of generous live betting odds. Bettors registered with Betrivers can also take advantage of the all-new mobile application, which is accessible within New York state lines. This, paired with the impressive promotions, makes Betrivers an ideal betting site for New Yorkers.
Yes. Online sports betting was made legal in New York in 2022. Players inside New York state lines can choose to register with various sportsbooks when looking to place online wagers.
The law states that players must be at least 21 years old in order to place online sports bets inside New York state lines. Bookmakers will conduct identity checks to validate the age of their players. This is a condition of the bookmaker's license.
There are many amazing betting sites operating in New York. The best online sportsbook for you will depend on what you are looking for from your betting site. For instance, if you are looking for a sportsbook with a long list of promotions, Caesars or Fanduel may be your best options. However, if a long list of available markets and top-notch customer service is important to you, BetMGM will be a more suitable fit.
Most NY online sports betting operators will offer free bets or free wagering credits as they are commonly called. These include top operators such as BetRivers, Fanduel and DraftKings.
Mobile sports betting launched in NY in 2022. Almost all New York online betting sites can be accessed and enjoyed on mobile devices. Many NY sportsbooks have also entered the betting app space, with more than ten betting applications now available to download inside New York state lines.
Signing up to NY online sportsbooks is very straightforward and can be completed in 1-2 minutes. There are, however, some details that players will need to provide. These include their name, address, date of birth, social security number and contact details.
Betting with licensed online betting operators is completely safe. This is because for betting operators to be issued with a gambling license, they will have to adhere to multiple safe gambling regulations. On betting.bet, you will only find compliant and verified sportsbooks.
Betting.bet has partnered with the best legal sports betting sites in New York, providing New Yorkers with the latest offers from the best sportsbooks operating in the state.
No. Winnings made from sports betting are tax-free in New York. This is one of the many advantages of online sports betting.
All New York betting sites will have their own unique list of markets. This is why reviewing the betting markets on offer should be a task completed before you register an account with a NY betting site.