New York Sportsbooks
With the legal climate of sports betting constantly evolving, finding legal New York sportsbooks and sports betting sites for NY residents may seem more difficult than it really is. In reality, sports wagering is not illegal in the United States and the widespread regulation of sports wagering is here. Our goal is to help residents navigate the New York sports betting scene by first teaching them more about the legal structure. From there, residents can find out exactly how and where to find New York sportsbooks.
After all, it doesn't get much bigger than New York and the sports scene that they have. The media is bigger, the teams are bigger, and the stadiums are bigger. Simply put, sports runs deep in the culture in the state of New York. And with the fast-paced environment surrounding New York City and the sports teams in and around that area, betting on sports is wildly popular as well. If you are a resident in the state of New York looking to wager on sports, there is both good news and bad news when it comes to this topic, for which we go into on this page.
Find out the legal status of New York Sportsbooks, as well as online sportsbooks that accept New York residents, and the specifics behind them, further down below.
The Supreme Court ruling to overturn the Professional and Amateur Sports Protection Act of 1992 (PASPA) had a positive impact on New York sports betting. In a 6-3 vote, the Justices of the Court found that PASPA was unconstitutional and violated the anti-commandeering clause of the Tenth Amendment.
"The legalization of sports gambling requires an important policy choice, but the choice is not ours to make. Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own,” wrote Justice Samuel Alito. “Our job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution. PASPA is not.”
While PASPA limited commercial sports betting to the state of Nevada, the removal of the law clears the path for New York to legalize sports wagering. In 2013, voters approved a gambling expansion bill that preemptively authorized sports gambling should it one day be permitted by federal law. The state can now continue to establish the framework for how the industry will be regulated in N.Y.
The decision made by the Court permits each state to regulate all forms of gambling, whether online, land-based, or mobile. As such, the Supreme Court ruling means that residents can expect legal New York sportsbooks in all forms.
What Does The New York Sports Betting Law Look Like?
The New York sports betting law is not necessarily new, as it was passed in 2013. New York was one of the first states to pass an anticipatory sports wagering law, some five years prior to the beginning of the Murphy vs NCAA case. Voters in the state authorized the New York Gaming Economic Development Act of 2013 , which called for the eventual legalization of sports gambling at casinos in New York. The referendum also included language that required operators to wait until a change in federal law.
Now that there is no ban on sports betting, policymakers have started to write bills that would further regulate gaming in the state. NY SB 7900 is sponsored by Senator John. J Bonacic, and was introduced on March 7, 2018. The bill would permit the four commercial casinos in the state to offering sports wagering, and partner with horse racing tracks, off-track betting shops, and Indian casinos in the state that also wanted to accept sports bets. The bill also authorizes mobile sports betting. Revenues would be taxed at an 8.5% rate, along with a .25 royalty to be paid to sports leagues. A similar bill, NY A 11144 , is also circulating the Assembly.
Depending on if and when either of these New York sports betting bills gets passed, the state could become one of the first behind Delaware, West Virginia, and New Jersey to enact new sports betting legislation.
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Being that all of the proposed sports betting legislation in the state authorizes mobile wagering, residents of the state will definitely be able to wager from their mobile devices. Mobile sports betting makes placing bets on the New York Giants, New York Knicks, New York Yankees, and other popular teams more convenient. If the mobile sports betting app is operated by a local casino, the betting odds will be exactly the same. The mobile sportsbook will also accept the same types of wagers, such as moneylines, point spreads, totals, pleasers, teasers, and parlays. To keep up with the latest trends and tap into a new consumer base, legal New York sportsbooks will allow residents to wager from their smartphones and/or tablets.
Is it Legal To Bet At An Offshore Sportsbook On Your Mobile?
Residents of the state can still bet at offshore sportsbooks from their mobile phones. New York sports betting law has not been updated to prohibit or in any other way limit a resident’s ability to use mobile sportsbooks like BetOnline or 5Dimes. These operators have been offering mobile sports betting for more than a decade, and will likely serve as models for future mobile platforms in the states. Offshore bookmakers make it simple to bet from your iOS or Android device, and no download is required at any of the top sports betting sites. As the state of New York is still without state-licensed mobile betting apps of their own, NY sports fans can continue to use the offshore mobile sites as normal.
Reading a beginners guide to sports betting is always more beneficial before your start wagering at legal New York sportsbooks. Though guides can contain a wide array of information, there are a few basics that every NY sports bettor should know. Learning more about line shopping and knowing how to read odds are all of key importance. We can give you a brief breakdown of each so that you at least know the essentials.
Line shopping is quite simple, and it really just means to compare betting odds. If you have ever bet online, you already know that there are various sports betting sites with different odds on the same lines. Smart bettors take advantage of this by always comparing odds from at least two different sports betting sites. As online sportsbooks are free to join, creating multiple accounts solely for this purpose is completely common. If one site has -120 odds on the New York Mets and another has them at even odds, you know which one presents a better value. Same as if the New York Jets are -6 point favorites at one book, and -5.5 at another. Getting the best value helps to maximize your profits.
At land-based legal New York sportsbooks, line shopping may not be as easy because you might have to physically visit the books. In addition, the odds at state-licensed casinos are not usually as good as those at offshore books because brick and mortar shops roll in their overhead costs into the odds. While this should by no means be a deal-breaker to visiting a New York sportsbook, it is something to keep in mind.
Reading American Betting Odds
As you start to research betting odds, you will notice that they can come in different forms. Offshore online sportsbooks accept bettors from all over, which is why there may be American, fractional, or decimal odds. Being that we are focused on sports betting in New York, American odds are the format that you will want to become familiar with.
American odds will look something like the example below, with a favorite (-) and an underdog (+). The odds for the favorite indicate how much you must bet to win $100, while the odds for the underdog indicate how much you stand to win from $100 bet.
- Buffalo Bills (+125) vs. San Diego Chargers (-130)
If you were to bet on the Buffalo Bills (underdogs), you could potentially win $125 from a $100 wager. A wager on the favored San Diego Chargers would win $100 on a $130 bet. You will likely come across American odds when wagering at legal New York sportsbooks, however, learning more about how to read odds doesn’t hurt.