When will sports gambling be legal in NY?

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When will sports gambling be legal in NY?

Sports gambling or sports betting is a type of gambling where you bet on the result of a sporting event like baseball, basketball, horse racing, football, etc. Bets are placed through bookmakers or sportsbooks operating at land-based establishments like betting shops, casinos, and online. Although sports betting is quite popular, it is illegal in many states and countries. For example, sports betting is legal in NY. In 2013, sports betting was legalized in land-based casinos, but it took time to legalize online sports betting in NY. In November 2021, the New York State Gaming Commission (NYSGC) chose nine sportsbooks to operate in NY, and on January 8, 2022, four licensed sportsbooks took online and mobile bets. Eight of the nine chosen sports betting apps are available right now, and the ninth app will be available later in the year.

There are already eight mobile sportsbooks operating in New York, and more are expected to operate in the coming years. So, to attract more bettors, these sportsbooks are offering bonuses, higher odds, and other deals. These casinos offer 10 dollar deposit bonus to bettors to try their luck. In addition, the sportsbooks offer promo codes for free bets and other bonuses.

Active NY online sportsbooks

The New York State Gaming Commission issued operator licenses to nine online sportsbooks in November last year. Out of these nine, eight sportsbooks are currently active. These are:

  • Caesars Sportsbook NY – Launched on Jan. 8, 2022
  • FanDuel Sportsbook NY – Launched on Jan. 8, 2022
  • DraftKings Sportsbook NY – Launched on Jan. 8, 2022
  • BetRivers NY – Launched on Jan. 8, 2022
  • BetMGM NY – Launched on Jan. 17, 2022
  • PointsBet NY – Launched on Jan. 25, 2022
  • WynnBET NY – Launched on Feb. 4, 2022
  • Resorts World Bet – Launched on Mar. 2, 2022

Caesars Sportsbook

Caesars Sportsbook was launched on Jan 8, 2022, but its retail version was already available at Turning Stone Resort & Casino, the Yellow Brick Road Casino, and the Point Place Casino. It has an easy-to-navigate platform, competitive odds, and rewarding bonus offers. In addition, the company’s wealth of experience, its incredible sports betting app, and excellent signup promo make it a popular choice.

FanDuel Sportsbook NY

FanDuel NY sportsbook was launched on Jan 8, 2022, but the company was already in New York with Tioga Downs Casino Resort featuring a full-fledged FanDuel Sportsbook retail. It provides exclusive content and data from Next Gen Stats and has become an exclusive betting presenter of NBABet. It is popular for its DFS offerings, potent mobile app, and fantastic welcome offer for new mobile users.

DraftKings NY Sportsbook

DraftKings NY Sportsbook was launched on Jan 8, 2022, has a strategic partnership with the Lago Resort & Casino, and became an official co-partner of the NBA. The betting app has a rotating display displaying the bets based on your preferences. The betting app is the same in all the states it operates, making it convenient to use if you are traveling between states.

BetRivers Sportsbook NY

BetRivers NY sportsbook was launched on Jan 8, 2022, and is the sportsbook app for the Rivers brand of casinos. It has a partnership with the Chicago Bears and Rivers Casino and offers a rewarding program for its bettors with its iRush Rewards.

BetMGM Sportsbook NY

The BetMGM is the online sportsbook of famous MGM Resorts and Casinos that was launched on Jan 17, 2022. It has a flexible app packed with amazing features, with the Cash Out option allowing you to take a reduced payout when your bet doesn’t have a chance of winning.

PointsBet Sportsbook NY

PointsBet is an Australian-based sportsbook that was launched on Jan 22, 2022. It has a unique score-betting approach featuring the Points Bet option that allows spread bet on the victory margin.

WynnBet Sportsbook NY

WynnBet Sportsbook is the online sports betting platform of the Wynn and Encore casino chains that was launched on Feb 4, 2022. It is the New York Jets’ new official sports betting partner and provides a helpful rewards program that converts your earned points into extra free bets.

Resorts World Bet

Resorts World Bet is the lesser-known sportsbook in the US sports betting market that was launched on Mar 2, 2022. It got into the NY market because of multiple Resorts World properties in the Empire State. It has a smooth and fast app that is pretty easy to use.

How do you get started at a NY sportsbook app

It is pretty straightforward to get started at a NY sportsbook app. Here is the step-by-step guide to getting started

Download and install: Download one of the eight sportsbook apps mentioned above and let it install.

Register: Open the installed app and register your account by entering your personal details like name, email address, phone number, etc.

Fund your account: Fund your account using the popular payment methods provided by the sportsbook.

Place your bets: Once your account is funded with real money, use that money to place bets.

Bonuses offered by NY sportsbooks

Each NY sportsbook offers different bonuses and promotions to the bettors. The common bonuses offered by NY sportsbooks are:

Welcome Bonus

All sportsbooks offer a welcome bonus to new players for registering at the sportsbook. This bonus is only given to the newly registered players.

Deposit Bonus

The sportsbook match a particular percentage of money deposited by the bettor as a deposit bonus. Some sportsbooks can be generous as they offer up to a 200% match bonus.

Cashback

Sportsbooks offer cashback to bettors to cut their losses and recover some money lost on certain bets.

Odds Boost

Odds boost improves the payout ratio associated with certain bets, which will push the odds in favor of the bettor.

Final Words

The New York State Gaming Commission legalized online sports gambling in NY when they selected nine sportsbooks to operate in November 2021. On January 8, 2022, four sportsbooks (Caesars Sportsbook NY, FanDuel Sportsbook NY, DraftKings Sportsbook NY) and BetRivers NY were launched. Within two months of their launch, four more sportsbooks were launched, and the plans are to increase the online sports betting to 16 operators within a few years.