It’s slightly surprising that New York didn’t legalize sports betting until January 2022, but the Big Apple has quickly made up for any lost time. To this end, wagers totaling $1.67 billion were subsequently placed during the first month of legal betting in NY, with this a record for any US state.
Currently, there are nine licensed sportsbooks in New York, each of which is well known throughout the US and enables you to wager freely on popular local franchises such as the New York Yankees, the Mets, and the Giants.
The Best 5 NY Sports Betting Sites & Apps – 2024
|Best for In-Play Betting
|Best for Easy Registration
|Best for Betting Markets
|Best Mobile Betting App
|Best for Secure Banking
This table above highlights the unique strengths and overall ratings of each NY online sportsbook, showcasing what sets them apart in the New York sports betting market.
We’ve reviewed each of these operators comprehensively, evaluating their mobile offering, range of betting markets, and the available payment methods. So, we can recommend the market-leading sportsbooks in NY and highlight which are the best in relation to specific criteria.
BetMGM NY – The Best for In-Play Betting
BetMGM launched in the New York marketplace on January 17th, 2022, making it one of the first sportsbooks to open virtually in the Big Apple. Not only is BetMGM the self-proclaimed “king of the sportsbooks,” but it also offers an exceptional in-play betting experience that includes multiple markets and wager types.
Certainly, you can access various in-play and micro bets across an extensive range of sports at BetMGM, while the live wagering experience also offers tremendous flexibility. For example, you’ll find one of the most generous cash-out features in the NY marketplace here. In contrast, the unique ‘Edit My Bet’ feature enables you to adjust selections, parlay legs, and stake amounts even after the initial wager has been placed.
This experience is also supported by a high-performance mobile app, which is available on iOS and Android. The software also has an exceptional rating of 4.8/5 on iOS, while it scores an average of 4.2 on Android.
BetRivers NY – The Best for Easy Registration
The BetRivers sportsbook launched in NY on January 8th, 2022, becoming one of the very first brands to carve out a niche in the marketplace. This is the online app for the Rivers brand of casinos, including the popular brick-and-mortar location in Schenectady.
The superb iRush Rewards program certainly helps to set the brand apart, as does its straightforward signup process. You can register directly through the home page, initially by confirming your state and creating unique account details (and confirming these immediately by email).
You can then securely enter your legal name, DOB, and address, and if you input this data accurately, BetRivers will verify your identity and account immediately.
It’s possible to sign up for an account via desktop or mobile devices, too, with native apps on iOS and Android rated at 4.8/5 and 4.2/5.
WynnBET NY – The Best for Betting Markets and Wagers
WynnBET launched in New York on February 3rd, 2022, and it has remained active in the Big Apple despite withdrawing from multiple states recently. This relative newcomer to online sports betting in the US is also arguably the best for betting markets and wagering, with several unique features and options from the perspective of customers.
For example, WynnBet offers a bespoke ‘Build Your Own Bet’ feature, which allows you to construct comprehensive same-game parlays for all NFL games. This can include a huge raft of betting lines and props here, while you can also access generous and often enhanced multi-game parlays across sports such as basketball, baseball, and soccer.
You can access all this and more through the excellent WynnBET app, too, which has an average rating of 4.5/5 on iOS and 4.3/5 on Android.
FanDuel NY – The Best Mobile Betting App
DFS betting behemoth FanDuel beat BetMGM to the NY market by a week, launching in earnest on January 10th, 2022. As a result, natives can enjoy the brand’s stellar sports betting app, which is available on iOS and Android and combines live streaming with ease of use to outstanding effect.
Even aside from the app’s obvious aesthetic appeal, this software loads quickly and boasts incredibly intuitive and responsive menus. These unlock the most extensive range of same and multi-game parlays in the market, too, while you can seamlessly switch between betting lines to construct bespoke wagers in real-time.
The app also offers access to the prolific FanDuel TV, which live streams thousands of sporting events yearly. If you’re an iOS user, you should note that the app boasts an average score of 4.8/5, while the Android is similarly revered with a rating of 4.7/5.
Caesars NY – The Best for Secure and Convenient Banking
The Caesars brand also launched in NY on January 8th, 2022, while April of that year saw the sportsbook enter into a multi-year partnership with the New York Mets, too. As the team’s official betting partner, Caesars offers enhanced odds on the baseball giants and bespoke promotions pertaining to the franchise.
We also like the range of payment methods at Caesars, especially the Caesars Sportsbook Play+ Card. This enables you to make instant and fee-free withdrawals at participating ATMs. At the same time, you can also access your winnings via e-Check through VIP Preferred, online banking (powered by Trustly), PayPal, Venmo, and PayNearMe. You can also execute instant and secure deposits using Visa, Mastercard, and Discover credit.
Currently, the Caesars iOS app ranks as the 31st best sports betting software on the App Store and is rated 4.6/5 on average. Conversely, the Android app has an average rating of 4.3/5.
All NY Licensed Sportsbooks
You can find nine licensed sportsbooks in New York, most of which have been active since 2022. Here’s a full list of your NY sports wagering options, including BallyBet, which is temporarily offline.
- Bally Bet (Temporarily Offline)
- BetMGM Sportsbook
- BetRivers Sportsbook
- Caesars Sportsbook
- DraftKings Sportsbook
- FanDuel Sportsbook
- PointsBet Sportsbook
- Resorts World Bet Sportsbook
- WynnBet Sportsbook
How to Get Started with Sports Betting in New York
Each of the nine licensed sportsbooks belongs to well-known and trusted brands, which offer basic features such as 128-bit SSL encryption and 24/7 customer support. However, the five NY sportsbooks we’ve recommended go above and beyond in terms of the overall betting experience that they offer, so we’d recommend that you wager with one of them where possible.
NY Betting FAQs
Is sports betting legal in New York?
After a prolonged legislative battle, sports betting was legalized in NY in January 2022. There are now nine sportsbooks licensed in the state.
Can You Bet on NY-based teams in the State?
NY is arguably home to many elite sports franchises, including the Mets, the New York Jets, New York City FC, and the Brooklyn Nets. You can wager on all of these teams through licensed NY sportsbooks, while some offer enhanced betting odds on local or sponsored franchises.
What is the Legal Betting Age in New York?
Whether you want to bet virtually or in person in the state of New York, you must be aged 21 years or older.
Tax When Betting in New York?
When wagering in New York, participants are liable for a tax rate of 12% for winnings on a sports bet. However, winnings over $5,000 are subject to 24% of federal tax, along with earnings that are 300 times your original stake.
Licensed Sportsbooks also contribute to the state budget with a 51 % tax on profit from bets and a $200 million one-time fee to the state.