New York Sports Betting Sites: Online NY Bookies

Our Criteria for the Best New York Sports Betting Sites

As we hinted above, online gambling, and specifically sports betting, provides customers with a variety of benefits. Moreover, certain operators are better at certain parts of the business than others. So how does one go about picking a New York sports betting site?

To help ease this process, we would like to present our criteria for judging and ranking online bookies. When we look at any operator, we analyze each of its features in detail. Specifically, this includes the betting markets – both pre-match and live options, wager types, odds and payout levels, and bonus offers.

Other factors important to the overall betting experience deal with the optimization and usability of the platform. Namely, we take into consideration the quality of the customer service, mobile support, safety and licensing, and payment methods available at the bookies. While not seemingly important at first glance, each of these will influence how much you enjoy your online betting sessions.

With that overview out of the way, we get into the heart of the matter. Below, we will go in-depth about the online sports betting New York has to look forward to. You will read about each of these factors and how they relate to your gambling experience.

NY Online Sports Betting Overview

Among the selection of licensed bookies, we see several well-known US gambling companies. These will undoubtedly prove fruitful to the development of the NY online sports betting scene. What’s more, certain operators have excelled in particular types of sports betting, offering customers varied and engaging gambling products.

While some are more adept at live betting, others focus on providing excellent odds, bonuses, or other benefits. NY sports bettors have a lot to look forward to. Below, we explore the intricacies of sports gambling New York bettors face.

As you can see, there are distinct differences between the available platforms. Generally, the more options at your disposal, the better. Still, all operators support the major US leagues, including football, basketball, baseball, and ice hockey. The differences are represented in niche markets, where some bookies have chosen to overlook small or foreign events.

Unless you have a strong interest in international events, you will likely find all operators satisfactory to a certain degree. Of course, the number of supported sports is not the only factor that we need to consider. Wager types and odds will also play a role, and we will get into that in the following paragraphs.

Online Live Betting in NY

A key feature of New York sports betting online comes in the form of in-play betting. Placing bets on events while they are still being played has become exceptionally popular with handicappers all over the globe. Modern online bookies have developed a system with shifting odds based on the current state of the match.

All popular sports nowadays come with live betting options. These include football, basketball, baseball, volleyball, soccer, and more. In-play betting adds an extra layer of complexity to the bookmaking scene, allowing experienced sports bettors to make the best of any situation. We have no doubt that NY bettors will be quite pleased with this feature.

Best New York Sportsbook Odds

When it comes to online sports betting, New York gamblers will find the odds and payout levels of exceptional importance. The better the odds, the higher your potential profits will be. With this in mind, the role of the odds at the top NY online sports betting sites deserves our attention.

Modern online betting sites have perfected the art of calculating odds. In short, it goes like this – the bookie will offer higher odds for the less likely winner of a match and vice versa. It is a balancing act, which also takes into account the profit margin of the company.

Therefore, the offered odds are slightly lower than what would be considered ‘fair’. The bookies’ cut varies between operators. Some look to bring in more customers by offering higher odds at their own expense. It is in your best interest to find the highest odds for a given event.

For long-term profits, we recommend looking at multiple betting sites. There will always be some discrepancy between the available betting odds. What’s more, the tax structure of NY online sports betting will inevitably lead to some operators offering higher odds than the competition.

• Caesars – 95.11% Average Payout
• BetMGM – 95.30% Average Payout

New York Sports Betting Apps

Nowadays, a significant percentage of gamblers place their bets on a smartphone or tablet. As a result, sports gambling New York operators will provide fully functional mobile betting platforms. Some come in the form of dedicated apps, whereas other bookies provide a browser-based mobile version of their site. Below, we have outlined some of the key differences between the two.

Generally, US online betting companies provide dedicated apps for both Android and iOS. These are readily available for download, with instructions for those who need them. Still, if you decide to use the mobile browser interface, you will face no significant difficulties. There are few practical differences between the two and choosing between them boils down to personal preference.

Bonuses and Promotions

Another crucial feature of modern online sports betting is the opportunity to benefit from special bonuses. These provide the customer with additional value, whether it would be extra cash, enhanced odds, cashbacks, odds boosts, or something else.

New York sports gambling bonuses work in the same manner. Still, we have to stress that these offers do not come without certain strings attached. There are very specific rules that you have to stick to, if you wish to make the best of your promotion. The most important terms and conditions include:

• Playthrough Requirements
• Time Limits
• Minimum Deposits
• Validity Periods
• Minimum Odds
• Minimum and Maximum Limits
• Valid Markets

There are several types of New York sports betting bonuses that you will find online. The welcome bonus is the most common variety, offering significant benefits to first-time customers. No sweat bets are another common type, allowing you to place a wager for free and keep the profit from the bet. Generally, such bets are available on specific events.

Other worthwhile promotions include cashbacks and odds boosts. Cashback promotions will refund a certain percentage of your losses in a given time period. Odds boosts are exactly as they are described – the bookie will increase the odds for a particular game or outcome.

When looking at bonuses at the best New York online sports betting sites, we advise you not to look for the largest bonus. Instead, look for the promotion with the most favorable rules. It makes no sense to aim for a bonus with impossible to meet terms. Here is a quick rundown of good vs bad offers:

All in all, you will encounter many different promotions when browsing NY online bookies. It is always a good idea to compare the offers and read the full terms and conditions. The right betting bonus can be exceptionally beneficial, setting you up for a good time. So always pick the one best suited for you.

Payment Methods at New York Bookies

Since you will be wagering on the Internet, you need a service to move money online. Operators support a number of transaction methods, which you will get to pick from.

As far as online sports betting, New York customers have access to several methods. These include credit cards, e-wallets, and bank transfers. Each of these provides different benefits and drawbacks, which will affect your betting experience.

Generally, credit cards and e-wallets provide the fastest deposit speeds, offering instant top-ups. ACH transfers, on the other hand, can be quite slow – up to several business days. At most US online gambling sites withdrawals are handled via bank transfer. This is also going to be the case with NY online sports betting sites.

Safety at Online New York Sports Betting Sites

When it comes to safety in online gambling, you can’t go wrong with legal sports betting in New York. Licensed and regulated companies will always provide a more secure and safe service than their unregulated counterparts. Up until now, NY residents could only access foreign operators, where they had no legal protections.

With licensed bookies, you can always expect fair treatment, as guaranteed by the law. If you ever encounter an issue or have a dispute with the operator, you can turn to the regulatory institution. In this case, the New York State Gaming Commission (NYSGC) oversees all online sports betting.

Here is a list of licensed operators in New York along with their security measures. You can cross check their licensing status on the NYSGC Gaming page under the ‘Mobile Sports Wagering Reports’ tab.

This is not possible with foreign and unlicensed sites since there is no government oversight. You have no guarantees that you will receive your money from such platforms or that they will play fairly. What’s more, the NYSGC also enforces Internet security requirements on operators.

This is exceptionally important since you are required to submit personal information, which must be kept safe. In essence, sports gambling in New York will be up to the global industry standards, allowing you to have a safe and enjoyable experience.

Something else to take into consideration is responsible gambling. New York legal sports betting sites are legally required to provide self-exclusion options to vulnerable gamblers. The NY Gaming Commission has strict regulations in place to avoid the exploitation of gambling addicts. Such individuals can ask to be placed on a list and excluded from all online gaming.

Furthermore, licensed NY bookies will provide responsible gambling resources to players in need. You can see the National Council on Problem Gambling list of corporate members to find out which NY bookies work with it. It provides an excellent level of responsible gambling services and helps operators maintain the necessary level of social responsibility.

The Importance of Customer Service

Good customer service is another must for New York sports betting. Online bookies employ large teams of customer support agents to ensure all gamblers have a smooth gambling experience. You can always reach out to the staff whenever something goes awry. There are several lines of communication where you can talk to a representative:

Generally, most gamblers prefer the live chat or phone support options. They provide the quickest response times, making them more convenient than the alternatives. Of course, email and social media are also a possibility, but it takes support agents longer to assist you that way.

If you are interested in online sports betting in New York, it is a good idea to become familiar with the different contact methods. Below, we have outlined the difference between good and bad customer service:

A top-quality NY sports betting site provides 24/7 customer support for all members. Granted, not every company has the capacity to employ a large number of support agents. As a result, some operators might limit their support availability to business hours.

How to Choose a New York Sports Betting Site

When it comes to picking a suitable site for online sports betting, New York bettors must consider several key factors. These deal with all aspects of the online gambling experience, covering odds, platform functionality, deposits and withdrawals, and others. Below, we will get into each of these, providing an in-depth overview of our review process.

How Average Payouts are Calculated

As you may have noticed above in this article, certain bookies provide better odds on select sports than others. The odds at NY betting sites significantly affect your profit margin. As such, betting at optimal odds is always beneficial.

A small difference in the odds might not seem like a lot, but given enough time, it will make a dent in your balance. All gambling, including sports betting, boils down to math and numbers. The more you get out, the better off you will be. Therefore, we recommend comparing the odds between different operators to get the best deal at legal sports betting New York sites.

These formulas might look like a lot to take in, but they will all make sense after we explain them. The differences in the odds at sports gambling New York sites might look random, but they are anything but. The odds on any event are carefully picked to provide the bookie with the desired profit margin.

More commonly known as the ‘vig’ or ‘vigorish’, this profit margin represents the share of all bets that the operator keeps after paying winning bettors. The same is true for both retail and online sports betting. New York sites function according to the same base principles.

The formula you see on this page is universal for all bets you will find at New York sports betting sites. As long as you know the odds for all outcomes, you can use them to calculate the bookie’s profit margin.

To start off, take the odds and calculate the implied probability at NY online sports betting sites, measured in percentages. After that, take all percentages and add them up. Put the added numbers into the following formula – (100 / sum of percentages) * 100.

More often than not, you will get a number higher than 100. The closer that figure is to 100, the lower the bookie’s vig will be. To find the exact number, subtract 100. This will leave you with the profit margin of online sports betting New York sites.

New York sports betting sites are interested in ‘balancing the books’. This means that while there may be some discrepancy between matches at a specific bookie, it will all average out in the end. This way, the operator can maintain a steady profit across all events.

The Impact of Various Payouts and Commissions

The impact of the odds at NY online sports betting sites is often underestimated at first glance, but it will definitely be felt in the long term. Remember that your bottom line over time is what determines profitability and not match-to-match outcomes.

Take a look at the table below, where we display the effect of a gradual change in the odds. For the sake of simplicity, both teams have an equal chance of winning this imaginary match.

While in all cases you lose out because of the vig, some situations are more drastic than others. A few cents here and there won’t make that much of a difference in your day-to-day betting. But those definitely add up over time. This can be even worse if you stake large amounts of money, as some bettors are prone to do.

In any event, betting at optimal odds is the best way to go. While crunching and comparing numbers might not be the most exciting thing, your wallet will thank you in the end.

Look for Quality Customer Service

Customer support is always vital for a smooth online betting experience. While you probably won’t be talking with the agents every day, it only takes one bad event to sour your mood. The support teams at New York sports betting sites are said to be highly professional and friendly.

We don’t take such claims lightly or trust them blindly. For our review process, we test the response times of each individual sportsbook. As a result, we can get a real-world grasp of the sportsbook’s capacity to resolve problems and answer questions.

Taking Stock of Available Payment Options

Secure and convenient payments are another priority for anyone interested in online sports betting. New York operators offer a variety of payment methods, which you can use to move money safely. Generally, these come in the form of credit cards, e-wallets, and bank transfers.

This leads us to the matter of judging a site’s payment options. As a general rule, the more supported services there are, the better the bookie. What’s more, we think it’s improper to charge customers transactions fees. Therefore, operators that do so don’t rank high in our books. Of course, fees taken by the payment processor do not affect our rating.

Judging the Overall Platform

When you sign up at any online bookie, the first thing you notice is the user interface. It plays a significant role in the overall user-friendliness of the platform. Having a smooth and organized UI definitely contributes to the overall enjoyment of online sports betting. New York gamblers have to make sure their chosen site is up to par.

A fast and intuitive UI not only makes browsing the betting markets easier but also helps you place bets quicker. This is especially important for events where significant odds shifts are common. It allows you to lock in bets before the odds change, allowing you to capitalize on a given situation.

How to Evaluate Extra Features

Naturally, there are other aspects of New York sports betting sites that factor into choosing a particular sportsbook. Our review process provides ten additional points based on various features available at the operator that we haven’t mentioned so far.

Specifically, we pay attention to live streaming options, VIP programs, social media activity, horse racing support, live statistics, and awards granted to the company. As you can imagine, each of these will contribute to the NY online sports betting site’s legitimacy. The more features you have at your disposal, the better.

Online vs. In-Person Betting

Online gambling simply misses out on the social aspect of betting. In-person betting gives you the opportunity to talk to like-minded sports bettors or to watch the game with them. This is impossible to do over the Internet in the same way.

Regardless of your preferences for sports gambling, New Yorkers now get to enjoy both types. Having more choices is never a bad thing, and we advise anyone to go for their preferred version. After all, it is all a matter of entertainment and not something that we should take too seriously.

This can be clearly seen in the number of live betting matches available at betting sites. You will easily find dozens of worthwhile and engaging markets to bet on. By comparison, land-based bookies cannot compete in this area.

Overall, these are two distinctly different ways to experience the same thing. While there may be discrepancies between them, the goal is the same – to have fun betting on sports. It doesn’t hurt to try either method and in fact, we would advise anyone to explore all of their options.

Online sports betting in New York is definitely enjoyable, but it all boils down to personal preference. At the end of the day, everyone decides which type of betting venue to visit, and there is nothing wrong with that.

Betting Exchange & Early Cashout Availability

An interesting development in New York sports betting online has to be the introduction of early cashout and betting exchanges. Both are engaging new concepts, which give you more ways to wager money online. Below, we will check out each of these options and what you can get out of them.

Betting Exchanges vs. New York Online Sports Betting Sites

Betting exchanges have proven quite popular overseas, and we might see them appear on the New York betting scene soon. While NY online sports betting might be dominated by traditional sportsbooks, we expect some of them to offer the exchange feature.

This innovative form of sports betting allows you to gamble directly with another punter. In this case, the bookmaker serves as a middleman, connecting the two bettors. For their services, the platform receives a commission from both parties.

Unlike traditional platforms for online sports betting, New York betting exchanges allow the customers to set their own odds and post their prospective bets online. If another punter wishes to take them up on the offer, they can accept the bet with a few clicks. In this sense, betting exchanges resemble stock markets more than sportsbooks.

The Early Cashout

Early cashout is a relatively new feature available at New York sports betting sites. It gives you the opportunity to capitalize on a bet early, before the event has concluded. Your payout is calculated based on the current state of the event. In this sense, the payouts are dynamic and can change at a moment’s notice.

With early cashout sports gambling, New York bettors have more flexibility to manage their wagers. This feature is particularly useful to benefit from a sudden rise in the odds. It is an advanced form of gambling and is best used with caution.

The History of Online Sports Gambling in New York

Where it concerns legal online betting, New York has only recently embraced the industry. Since the repeal of PASPA, many states have worked to introduce a framework to regulate online gambling. The New York Gaming Commission approved nine companies in 2021 to provide online sports betting services.

Below, you will find a brief overview of NY gambling history:

In order to receive a license, multiple companies had to enter a tax bid. As a result, nine companies received conditional certification to offer online sports betting in New York. What’s more, these entities agreed on a 51% tax on gross revenue.

With legal online sportsbooks in New York, gamblers no longer have to risk illegal gambling charges. Unlawful gambling is a crime in NY state which carries a fine and possible jail time. With the introduction of lawful alternatives, anyone can freely enjoy their favorite betting activities online.

Legal New York Betting Sites Licensing Requirements

The preliminary legal New York bookmakers were announced in November 2021. Each company was approved by the New York Gaming Commission, the institution that oversees gambling in the state. The NYSGC has strict rules and regulations for gambling businesses.

Under the rules of the NYSGC, legal New York gambling sites have to provide fair and safe gaming to customers. This involves a guarantee of withdrawals upon request and certain player protections. NY online sportsbooks are required to offer self-exclusion features to customers.

Using these tools, a problem gambler can request to be denied access to the gaming platform for a certain period. You can also limit deposit and bet amounts. The limits can be temporary or indefinite. Addicts can also add their name on a state-wide list, thereby excluding themselves from any online gambling in NY.

It is common sense to place bets with legal New York sports betting sites. Unregulated companies have no government oversight. Many rogue operators have proven exceptionally shady, denying withdrawals or refusing to honor self-exclusion requests. This will not be an issue with modern NY online bookies.

On this website, we only list legal New York online sportsbooks, approved by the NY State Gaming Commission. We believe in safe and fair gambling, where the bettor has legal options in case of a dispute. This way, the NYSGC can intervene if there is any foul play involved.

Black Market Bookmakers Operating in New York

Conclusion

Now that we covered all the important aspects of New York sports betting, we can say a few closing words on the subject. Our advice is to carefully look at all NY betting sites available to you and pick the ones best suited to your needs and preferences.

However, in overall terms, this NY sports betting operator stood out over all the others with many unique features:

It’s up to you to decide which NY online sports betting platform meets your standards. It is a good idea to browse around and stick to the operator you like most. All bookies featured on our website are legal and approved by the NY Gaming Commission.

When we say that you can trust these sportsbooks, you do not have to take our word for it. They have all proven their value to the authorities and to gamblers in other states. All in all, online sports betting in New York looks to be in a great position.

FAQs About New York Sports Betting Sites

Our goal is to make these guides as informative as possible. We hope we covered everything you need to start betting on sports in New York. For your convenience, we prepared a short FAQ detailing the most common questions by bettors.

If the FAQ section does not include something you want to know, feel free to contact us with your inquiries.