Sports Betting In New York
The scope around sports betting in New York has gone through some recent changes in the last half-decade. It used to be that all forms of sports betting were outlawed due to a federal law known as PASPA. However, this law has been repealed, leaving New York able to expand their industry, which was unofficially made legal in 2013. All of these changes can have gamblers unsure of what their options are or what regulations they need to look out for. But fear not, that is where we come in.
On this page, you will find all of the sports betting laws in New York from land-based to online and even with the offshore accounts. These international sportsbooks can provide even more betting options to you and with that, we even reviewed the four most accepting, legal, and safe sportsbooks for you to use. Included on this page, you will find information about the horse racing laws and other gambling establishments as well. Not that you need help remembering the wide array of teams in New York, but we also look into which teams are safe to bet on as well as where to find the best betting odds.
Betting On The Belmont Stakes In New York
One of New York’s biggest sporting events is the Belmont Stakes. Held at Belmont Park in northern New York, the Stakes is the third gem of the Triple Crown and one of the biggest horse races of the season. Millions of dollars is bet on the Belmont Stakes each and every year, with many of that money being wagered on online sportsbooks. This year, the Stakes is set to run on Saturday, June 5 at 7:00 p.m. EST. There will be Triple Crown winner this year after Medina Spirit was disqualified, but that doesn’t mean the action will be any less appetizing. Ahead of the Stakes, Essential Quality is the favorite to win followed by Preakness winner Rombauer. Bettrs can wager on both horses and still come out ahead with the current betting odds.
2021 Belmont Stakes Outright Odds To Win
- 1. Bourbonic +1600
- 2. Essential Quality +225
- 3. Rombauer +375
- 4. Hot Rod Charlie +400
- 5. France Go De Ina +2800
- 6. Known Agenda +600
- 7. Rock Your World +425
- 8. Overtook +2500
Does New York Have Legal Land-Based Sports Betting?
Land-based sports betting was approved by a voter referendum in 2013 well before PASPA was overturned. Now that the federal law is out of the state’s way, land-based sports betting is found in the tribal casinos as well as the upstate commercial casinos in NY. The state lawmakers discussed plans to extend the licenses to horse racing tracks; however, this proposal was never agreed upon, leaving the land-based sports betting to the aforementioned locations.
Is Online Sports Betting Legal In New York?
If you are looking to wager with an online platform that is licensed by the state, you will be out of luck. Until laws are created that permit a mobile sports betting industry, you will have to continue to use the offshore betting sites that have assisted New Yorkers for years. These overseas bookmakers are legal because they are outside of both state and federal jurisdiction. There are some federal laws that may slow down your entry into the online sportsbooks market – such as inhibiting you from using a credit card to deposit – but any situation can be remedied in a safe and legal manner.
Facts About Legal Online Sports Betting In New York
- New York Has One Of The Fastest Growing Online Sports Betting Communities
- Nearly All The Best Online Sports Books Accept New York Residents
- Betting On Sports Online Is Legal In New York
- Many New York Online Sports Betting Sites Have Casinos And Poker Rooms To Enjoy As Well
New York Sports Betting Laws
New Yorkers must be 21 when using a state-licensed or offshore sportsbook. All of the regulations for the state can be found here; however, keep in mind that these only take precedence over the in-state operators. Any action taken overseas will be open to many new wagering types and odds that won’t be found at the local books.
When it comes to federal laws, there are two of note to keep an eye on. Neither of these laws targets the gambler, so don’t think you are in for some trouble or must curtail the system. These laws, instead, target the businesses associated with gambling and will rather just make certain things difficult for you. The Wire Act prevents sportsbooks from accepting wagers across state lines. This is the reason why you must cross a bridge or tunnel into NJ in order to use their online platform. Also, books cannot accept wagers over the phone, as they must ensure bettors are present in the casino or in the state for online wagering.
The Unlawful Internet Gaming Enforcement Act is the other law of importance. This simply states that banks can not knowingly process payments that are coming to or from gambling sites. Because these sites accept a variety of deposit methods, having to use a bank isn’t required and will allow you to get started quite easily. Sometimes you will notice that your credit card gets blocked when attempting to make a deposit. Call up the cashier and they will explain alternative options to getting started, such as using a prepaid international gift card.
How Does The Supreme Court Decision Affect New York Sports Betting Laws?
For nearly a quarter-century the federal government had regulated sports betting in America through PASPA – a law that limited sports betting in any meaningful sense to Nevada. Consequently, most individual states did not have laws specifically addressing the activity, even if they had extensive rules about other allowable forms of gambling. New York was not one of these states, so the repeal of PASPA allowed their referendum to come into effect. Keep in mind that just because PASPA was lifted and New York has laws supporting sports betting, it doesn’t mean that the use of these international gambling sites is forbidden.
Which Sports Betting Sites Accept New York Residents?
Due to the fact that no legislation is in place to prevent New York residents from betting with offshore operators, there are plenty of options for gambling enthusiasts. The challenge, though, is to find a sports betting website that offers a safe, reliable platform that allows you to bet on your favorite sporting events. Many of these sites offer everything from hockey and golf to tennis and horse racing. That said, it is important to find a real-money website that is easy for you to navigate and that has the customer service you deserve to optimize your experience.
Bovada Sportsbook - $250 Welcome Bonus For New York Residents
After a long, confusing hiatus, Bovada is now available to New York residents who wish to wager on sports over the Internet! As an award-winning sportsbook for US gamblers, Bovada has been at the top of its game for over a decade. This management team was among the pioneers who built online casino gaming, poker, and sports betting. When it comes to the latter, Bovada has no competition, and with their relaunch in New York, the market leader hopes to extend that lead in a big way.
Bovada has not only the best desktop and mobile sports betting interface in the industry, but they’ve also got the most streamlined banking and bonus options. Signing up at Bovada is 100% safe, secure, free, and legal, and New York residents who join now can get a generous $250 Sports Welcome Bonus that has the industry’s lowest rollover requirements – just 5%! If you want to enjoy the best gambling and sports betting product on the Internet, join Bovada today! Keep in mind that if you travel into NJ, you will be restricted from use, as New Jersey is one of the few states prohibited on Bovada.
Pro Teams To Bet On In New York
The Yankees vs Red Sox rivalry is one of the most aggressive and historic in the sports world. Now you can wager on these intense duels, as well as the Mets at the Yankees and so on. New York has one of the most colorful sports industries in the nation and you can get in on some real money action legally over the internet. Check out a Knicks or a Liberty game if you like to watch the basketball court heat up. In addition, don’t forget that these sites allow you to enter into what is called live betting. This means you can keep betting on your favorite NY team even after the game has started.
For football, you have the powerhouses that are the Giants and the Jets. What could be more fun than watching a historical New York team kick up some dust while putting some cold hard cash on the outcome? These sites have industry-leading odds and lines on all major and minor leagues, teams, and events. Hockey fans will find lines on all the Rangers and Islanders games, and soccer buffs will be able to wager some cash on the beloved Red Bulls as well.
Does New York Allow Pari-Mutuel Betting?
Pari-mutuel betting on thoroughbreds is a big opportunity for New York residents. Many of the tracks in the state are actually considered “racinos,” or racetrack casinos with electronic gambling options. This includes slots, video poker, and sometimes table games. Greyhound racing, on the other hand, has fallen out of popular demand lately and there are no actual tracks for it in New York at this time. Some of the most popular horse betting tracks in New York include Yonkers Raceway, Saratoga Race Course, Aqueduct Racetrack, and Belmont Park.
Some of the most popular horse betting tracks in New York include: Yonkers Raceway, Saratoga Race Course, Aqueduct Racetrack + Belmont Park
Other Types Of Gambling Available In New York
New York has plenty of gambling options for in-state residents, especially since a handful of commercial casinos are underway throughout the state. There are also eight tribal (Native American) casinos in the state. These types of casinos are exempt from many state laws because they are located on sovereign land and are allowed to offer any game that is offered at the commercial venues. New York residents can also play the state’s lottery, go into one of the dozens of bingo halls, play online casino games, and bet on sports.
How Old Do I Have To Be To Bet Sports Online In New York?
You must be at least 21 years old to bet on sports in New York. You will notice that the offshore gambling sites we recommended on this page will allow players 18 years or older to join their site. However, we advise that you ignore that and refer to the state’s gambling law of 21 years old. Don’t put yourself at risk of trouble by betting underage and ruin your future gambling experiences.
What Teams Can I Bet On In New York?
New York is stuffed to the brim with popular sports teams especially when discussing teams on the professional level. For the NFL, you have the New York Jets, New York Giants, and Buffalo Bills. For baseball, you can find betting lines on the New York Yankees and New York Mets. When it comes to basketball, look out for the Brooklyn Nets, New York Knicks, and New York Liberty. Hockey fans will find that the Buffalo Sabres, New York Islands, and New York Rangers have the most straightforward action available. Of course, we can’t forget about the New York Red Bulls or the New York City FC. This is just the surface of the NY teams that you can bet on, as offshore betting sites will also allow for semi-professional and non-major professional teams to be wagered on, such as the Westchester Knicks or Binghamton Devils.
Best Deposit Methods For New York Residents!
The most popular deposit method for New York residents is definitely Bitcoin and other popular cryptocurrencies like Ethereum and Dash. Even though most of the leading offshore sportsbook sites accept VISA and MasterCard, more and more account holders are starting to see the advantages of using cryptocurrencies for making deposits. Bitcoin and other cryptos have no fees associated with making deposits and they also have some of the highest limits and the quickest turnaround times per each transaction. Using Bitcoin is also probably the safest way to bank at an online gambling site, making it the ideal method for securely bankrolling your betting account. If Bitcoin isn’t in your repertoire, consider using an international prepaid VISA gift card. Not only will this add additional security to your personal information but it will remove any fees associated with international purchases from your bank account.
High Roller Sports Betting Sites
The best high roller betting sites have to offer the best high roller banking method, Bitcoin. We mentioned earlier that Bitcoin has the highest limits of any banking method offered at the major online sportsbooks which make it the best banking method for big spenders. Bovada, BetOnline, and Sportsbetting all accept Bitcoin as a form of depositing money and accepting payouts, though, the limits vary at each outlet. No matter which site for sports betting in New York you choose you are sure to be satisfied so you can’t go wrong with any of them.