Top New York Sports Betting Sites: Best Sportsbooks in New York for 2024
New York sports betting centers on eight top sportsbooks, each offering enticing NY sportsbook promos and welcome bonuses up to $1,000. We've streamlined the options to highlight the best legal New York sportsbooks, ensuring they meet our rigorous quality standards as rated by Covers BetSmart.
| Sportsbook | Bonus | Availability | Claim Offer |
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$1,000 First Bet on CaesarsTerms & conditions apply |
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20% Deposit Match up to $1,000New customers only. Deposit min. $5. Place daily first bet of min. $5 and get up to a $100 bonus bet for 10 consecutive days. Daily bonus issued within 72 hours. |
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Claim Offer
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First Bet Offer up to $1500Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER. |
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Deposit $50 play with $100Terms & conditions apply |
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Claim Offer
Review |
September 2024
- Sept. 9: New York sportsbooks report a $1.4 billion handle for August, an 11% increase from the previous month.
- Sept. 6: College Football's return boosts New York's sports betting by 34%.
August 2024
- Aug. 31: Handle falls below $300 million due to a slow end-of-August period for local operators.
- Aug. 23: Revenue jumps 47% thanks to a 12% hold from online sportsbooks.
- Aug. 18: Local operators stabilize after previous fluctuations.
- Aug. 12: Two men are sentenced for running an illegal sports betting ring from 2019 to 2021.
- Aug. 10: Summer slowdown mitigated by an 11.3% hold for June.
July 2024
- July 31: NY Racing Association seeks new terms from TwinSpires following a contractual dispute with Churchill Downs.
- July 26: Lowest weekly handle in 11 months at $25.1 million due to MLB All-Star break.
- July 22: FanDuel contributes to a 12.7% hold during a slow week.
- July 15: Operators see a 26% rise in weekly revenue to $36.7 million.
- July 8: Monthly revenue drops 34% for online sports betting in June.
- July 5: Weekly revenue for June drops by 23%, totaling $29.2 million.
June 2024
- June 28: 11.5% weekly hold in June, with $38.2 million in revenue.
- June 13: Consistent weekly online sports betting despite fewer playoff games.
- June 7: May revenue surpasses $200 million, the second-highest since January 2022.
- June 6: Authorities bust an illegal sports betting and loan sharking operation tied to the Gambino crime family.
- June 3: Reported $9.5 billion in illegal gambling from NY, NJ, and MN.
May 2024
- May 31: Weekly action cools to under $400 million for the first time in 15 weeks.
- May 31: Senate Bill 1550 introduces warnings about potential harmful effects of sports betting.
- May 28: Senator opposes casino expansion in Queens, impacting Steven Cohenâs plans.
- May 24: Online sportsbooks reach $50 million in revenue for the second consecutive month.
- May 17: New weekly revenue record set at $70.9 million.
- May 10: Start of the fiscal year with a $1.96 billion handle, a 6% YoY increase.
April 2024
- April 26: Online sports betting surges 109% week-over-week to $57.3 million.
- April 19: Revenue drops nearly 36%, ending an eight-week streak above $30 million.
- April 16: Support for NCAAâs ban on college player prop betting.
- April 9: Fiscal year ends with $151 million in March revenue.
- April 5: DraftKings partners with NY Racing Association for Saratoga Race Course and Belmont Stakes.
March 2024
- March 29: Handle skyrockets during March Madness to $539.6 million.
- March 22: Weekly handle surpasses $400 million for the 22nd time in 23 weeks.
- March 15: Handle exceeds $400 million for the 21st time in 22 weeks, totaling $437.1 million.
February 2024
- Feb. 26: FanDuel and DraftKings boost NYâs sports betting with a 652% WoW increase.
- Feb. 20: Over 700 casino workers oppose online gambling bill, citing job security concerns.
- Feb. 16: Super Bowl 58 causes the lowest revenue week ever at $5.1 million.
- Feb. 14: PrizePicks settles with regulators for $15 million over illegal operations.
- Feb. 13: Record-high monthly handle in January with $211 million in wagers.
- Feb. 13: PENN and Wynn strike a deal to launch ESPN BET in NY pending approval.
January 2024
- Jan. 25: Handle reaches $490 million despite fewer NFL playoff games.
- Jan. 18: NFL Wildcard Weekend leads to a record-high weekly revenue of $67.3 million.
- Jan. 16: Gov. Hochul excludes iGaming from the 2024 executive budget.
2023
- Nov. 15: Bally Bet relaunches after a five-month hiatus.
- Nov. 6: Sen. Addabbo plans to push for iGaming legalization in December.
- Nov. 2: ESPN BET plans to launch on Nov. 14 in 17 states including NY.
- Oct. 4: Regulators approve PointsBet and Fanatics deal.
- Aug. 3: NYSGC reviews PointsBet and Fanatics deal.
- July 7: FanDuel regains the top spot in weekly handle.
- June 23: Greenwood and Silverstein announce a major casino project in Manhattan.
- June 5: FanDuel hits $1 billion in revenue.
- May 25: Revenue declines for the third consecutive week.
- May 5: April sees over $1.4 billion in wagers.
- May 1: Rangers eliminated from playoffs.
2022
- Jan. 8: NY launches statewide mobile sports betting with BetRivers, Caesars, DraftKings, and FanDuel.
- Jan. 6: Caesars, DraftKings, FanDuel, and BetRivers start accepting mobile wagers.
- Jan. 3: Regulators aim to approve mobile sportsbooks before Super Bowl LVI.
- Dec. 13: Highest weekly revenue since legalization with $44.5 million.
This timeline covers significant events and changes in New York's sports betting landscape.
Is sports betting legal in New York?
Yes, sports betting is legal in New York with certain regulations. Hereâs a brief overview:
- 2013: New York approved legal sports betting at four upstate casinos.
- June 2019: The stateâs gaming commission set regulations for sports betting at tribal casinos.
- April 2021: Legislation authorized statewide mobile sports betting.
- November 2021: Final rules for mobile sports betting were adopted.
- January 8, 2022: Mobile sports betting officially became available in New York.
These developments have established a comprehensive framework for sports betting across both retail and online platforms in the state.
Who can partake in New York sports betting?
Anyone 21 and older may wager on sports in New York. The arrival of online betting on Jan. 8, 2022, has made sports betting far more accessible across New York State.
Here's what you need to know before making your first sports bet in New York.
Minimum Age
You must be at least 21 years old to legally place a sports bet or play casino games in New York. However, adults 18 and older may wager on horse races and purchase lottery tickets in NY.
Mobile Betting
NY sports bettors can now register accounts with all eight licensed mobile operators. Sports betting can take place anywhere within the state, but bettors must turn on location services to verify their whereabouts.
Remote Registration
Remote registration became available on Jan. 8, 2022, allowing New Yorkers to sign up for sports betting accounts from anywhere in the state without visiting a physical sportsbook.
In-State Betting
New York sports betting sites use geofencing software to confirm bettors' locations. You must turn on location services to prove that you are within New York's borders before placing any wagers.
Retail Sportsbooks
Retail sportsbooks are located in four commercial casinos and seven tribal casinos throughout the state, though they are far from New York City. Online betting has made wagering much more convenient for New Yorkers.
Taxable Winnings
All forms of gambling winnings in New York are subject to a federal tax rate of 24%. Additionally, New York residents can expect sportsbooks to withhold an 8.82% state tax on winnings over $5,000.
The pros and cons of New York sports betting
New York's push to allow mobile sports betting has come to fruition. Sports bettors are no longer tethered to casinos to satisfy their sports wagering demands. Residents and visitors can conduct online betting from home, their favorite sports bar, or anywhere else in NY using NY sports betting sites and mobile apps.
However, the stateâs high tax rate on sports betting revenue has impacted the odds and bonuses offered to bettors. Additionally, retail sportsbooks are limited to upstate locations, making them less accessible to those in New York City.
Mobile betting available with eight NY sportsbooks- Fully remote registration
- Few restrictions on betting events
Mobile betting available with eight NY sportsbooks- High tax rates may lead to unfavorable odds and bonuses
- Retail sportsbooks only available in upstate locations
How to start betting in New York
Online and retail sports betting capabilities unlock potential for all types of New York sports bettors. Here's how to get started:
Select a sportsbook
Eight New York online sports betting operators â Bally Bet, BetMGM, BetRivers, Caesars, DraftKings, Fanatics Sportsbook, FanDuel, and Resorts World â are authorized to accept wagers. Reading their respective betting site reviews and identifying the available bonuses will help you narrow down the choice.
Register online
New York residents can now register accounts with authorized NY sports betting sites. The best part: You can sign-up from any of the five boroughs or anywhere within NYS. Have personal information handy, including a valid driverâs license or another form of identification.
Claim a bonus
Mobile sportsbooks leverage the most common sportsbook sign-up bonuses in NY, including deposit match bonuses, second chance bets, bonus bets, and no-deposit bonuses. These offers are attractive to new bettors. Anyone within New York State can now benefit from the various promotional perks when registering and betting online.
Deposit funds
The arrival of mobile betting simplifies the necessary deposit criteria. All registered players must add real money funds to their NY sports betting accounts before placing real-money wagers. Legal sports betting sites employ a combination of the following sportsbook deposit and withdrawal methods: PayPal, credit card, debit card, bank transfers, PayNearMe, and others. Check with your financial institution if there are any obstacles to leveraging one of these payment methods.
Choose your bet types
Sports bettors can find all of the popular types of wagers in New York. From moneylines and spreads to parlays and live betting, players have plenty of options at NY sports betting sites.
Start betting
Before placing your first bet, itâs important to research and understand each type of wager youâre considering. It's also a good idea to compare the odds set by multiple NY sportsbooks, something made much easier with the arrival of mobile wagering. This will ensure youâre getting the best bang for your buck with each bet.
Withdraw funds
Sports bet winnings can either be withdrawn on-site at a retail sportsbook or from home via your mobile device. PayPal is the most popular option available in the latter case.
Reading the odds
New York sportsbooks and betting sites use American odds as the default option to show favorites and underdogs. If you see a minus sign (-), youâre looking at a favorite. The number next to the minus sign will indicate the amount youâll have to wager in order to make $100 in profit. For example, -110 odds would mean a bet of $110 would need to be made to come away with $100 in winnings.
Underdogs are accompanied by a plus (+) sign. The number following the plus sign tells you the amount you are able to win when placing a $100 wager. For example, +180 odds would indicate $180 is up for grabs when betting $100.
Check out our odds converter to view odds in other formats, such as fractional and decimal odds.
What you can't bet on in New York
New York sports bettors can find a wide selection of betting lines for most professional sports leagues and collegiate athletics. However, there are a few notable exceptions highlighted below:
In-state college teams and events
New York prohibits betting on in-state college teams or college games played in New York. Additionally, betting on any amateur events involving athletes under 18 is not allowed.
Politics
The New York State Gaming Commission prohibits betting on any political event, including elections. Political betting sites do not operate legally in New York.
Entertainment award ceremonies
Celebrity and pop-culture events, such as the Academy Awards, are off-limits for sports betting in New York.
Esports
New Yorkâs sports betting law doesnât include specific language about esports, so for now it should be considered illegal.
Other types of gambling
In addition to sports betting, New York bettors can also find all of the casino games you would expect to encounter at a commercial or tribal location. Horse racing and daily fantasy sports have been legalized in NY as well.
