New York’s online sports betting market launched in January 2022 and has quickly risen to become one of the most lucrative in the nation. With a strong sports culture and iconic teams like the New York Yankees, Knicks, Giants, and Rangers, the Empire State saw tremendous engagement from bettors.
By 2024, New York generated over $16 billion in handle, bringing in $1.3 billion in revenue and contributing $700 million in tax revenue to the state. Here’s your guide to the best sportsbooks and their standout offers for New York bettors.
Betting Sites in New York
You are free to play at a licensed online sportsbook in New York. Here are the full list of licensed operators:
- Bally Bet
- BetMGM Sportsbook
- BetRivers Sportsbook
- Caesars Sportsbook
- DraftKings Sportsbook
- ESPN Bet
- Fanatics Sportsbook
- FanDuel Sportsbook (including BetFair and TVG)
- Resorts World Bet Sportsbook
BetMGM, Caesars and DraftKings have a solid presence in the United States, providing extensive markets for their customers on all sports, and matching their rivals on prices.
For horseracing there are more options with TVG, AmWager and NyraBet offering online horse betting. Please check here for more information (internal link).
Best New York Sportsbook Promos and Bonus Offers
- DraftKings New York: Wager $5 and instantly receive $200 in bonus bets.
- FanDuel New York: Bet $5 and get $200 in bonus bets, credited immediately.
- ESPN Bet New York: Grab a $1,000 in Bonus Bet
- Fanatics Sportsbook New York: Bet $5 Get $50
Top Land-based Sportsbooks in New York
Physical sportsbooks are key for wagering in New York, allowing residents to utilize sportsbooks online and in-person.
- Rivers Casino Sportsbook NY – Has several betting windows and kiosks to place sports wagers along with large screen TVs to witness all the action.
- Turning Stone Resort Casino – Provides a picturesque setting to bet on a variety of sports in their lounge, using Caesars Sportsbook that offers extensive markets and good odds.
What is the Legal Betting Age in New York?
Participants in New York online betting must be at least 18-years-old to place a wager. However, if those wagers are placed in casinos on sports, they must be at least 21-years-old to enter the premises. New York online betting is available for sports, horse racing and daily fantasy sites for 18-year-olds.
Betting Bonuses in New York
Bonuses are available as part of betting in New York. Due to the amount of quality sportsbooks that are available in the state, albeit through casinos, there will be ample opportunity for Empire State residents to find good value for welcome offers, deposit bonuses, and promotions.
NY Professional Teams
New York has a lot of professional teams. The Jets, Giants, and Buffalo Bills in the NFL. The Mets and the Yankees from the MLB. The Knicks and the Brooklyn Nets from the NBA. The Sabres, Islanders, and Rangers from the NHL, and the Red Bulls and City FC from the MLS.
NY Sportsbook FAQs
Can you bet online in New York?
Yes. New York online betting is permitted with 9 sportsbooks with all sports represented and some with only horse racing betting or daily fantasy sports available.
Can you receive betting bonuses in New York?
Yes. When wagering in New York you will have access to betting bonuses provided by the leading sportsbooks.
What is the legal betting age in New York?
For all New York betting choices you must be at least 21-years-old. However, if the bet takes place outside of a casino, bettors over the age of 18 can place a wager.
Tax When Betting in New York?
When wagering in New York, participants are liable for a tax rate of 12% for winnings on a sports bet. However, winnings over $5,000 are subject to 24% of federal tax, along with earnings that are 300 times your original stake.
Licensed Sportsbooks also contribute to the state budget with a 51 % tax on profit from bets, as well as a $200 million onetime fee to the state.