New York Sports Betting Guide

Yes. New York legalized online sports betting in January 2022, and retail sportsbooks at commercial and tribal casinos opened earlier in 2019. Online sports betting quickly became a huge success, generating more handle and tax revenue than almost any other state.

All online sportsbooks must be licensed and regulated by the New York State Gaming Commission, which oversees compliance, security, payout rules, and responsible gaming protections.

Quick facts

• Online betting legal since January 2022
• Retail betting legal since 2019
• 10 licensed online operators
• Must be 21 plus and located in NY to bet

New York has a strong lineup of major national operators, including DraftKings, FanDuel, Caesars, BetMGM, Fanatics Sportsbook, bet365, ESPN BET, Bally Bet, Resorts World Bet, and WynnBET (limited).

We recommend opening accounts at multiple books to compare odds, maximize promotions, and find the interface you prefer. New York is a competitive market and offers solid pricing across major leagues.

Operators may enter or exit the New York market over time. Always confirm an app is licensed by the NYSGC before depositing.

New York’s sports betting laws are consumer-focused and designed to offer strong protections and clear restrictions, especially around college sports.

Who can bet in New York

• You must be at least 21 years old
• You must be located in New York to place mobile bets
• You must pass identity verification

What you can bet on

• Major pro leagues (NFL, NBA, MLB, NHL, MLS)
• International sports and global competitions
• College sports (with restrictions)
• Props, futures, parlays and live betting

What you cannot bet on

• Any markets involving New York college teams
• College prop bets of any kind
• High school or youth sports
• Unlicensed offshore sportsbooks

Key rule

You cannot bet on New York college teams, even during major tournaments like March Madness.

New York allows betting on college sports but has two major restrictions to protect amateur athletes.

Allowed on college sports

• Moneylines, spreads and totals on out-of-state college games
• Team futures for tournaments (if no NY teams are involved)
• Live betting on eligible NCAA events

Not allowed on college sports

• All betting on New York college teams
• Player props for any college athlete, even out-of-state
• Events not approved by the NYSGC

These restrictions apply whether New York teams play at home, on the road or in national tournaments.

New York has one of the highest tax rates on operators, but taxes for bettors follow standard federal and state income rules.

Taxes on New York sportsbooks

• Online operator revenue taxed at 51 percent
• Retail sportsbooks taxed separately at lower rates
• High tax rate may reduce promo availability

Taxes on bettors and gambling winnings

• Sports betting winnings are taxable income at both the federal and state level
• NY taxable income rates vary based on earnings
• Large wins may trigger automatic withholding and a W-2G form
• Bettors must report net gambling winnings on their tax return

This is general tax information, not personalized financial advice. Speak with a tax professional for individual guidance.

New York offers several retail sportsbook locations at upstate commercial casinos and tribal gaming properties. These locations operate separately from online betting platforms.

What to expect at NY retail sportsbooks

• Full-service betting windows and kiosks
• Large screens and sports bar-style settings
• In-person customer support and assistance
• Linked online and retail wagering at select operators

Retail sportsbooks are concentrated upstate. Downstate retail expansion may occur once casino licensing is finalized in future years.

Getting started with legal online sports betting in New York is simple. You can create an account and place a bet within minutes.

• Choose one or more licensed New York sportsbook apps.
• Create an account with your name, address and SSN last four digits.
• Enable location services to verify you are inside New York.
• Deposit funds using online banking, debit card or wallet methods.
• Review promotional offers and qualifying terms.
• Place your first wager.

We recommend opening multiple NY sportsbook accounts to compare pricing and take advantage of promos from different operators.

Compare top New York sportsbooks

New York is a competitive market, and good betting habits can help you get more value out of every wager.

Positive habits

• Set a fixed sports betting budget
• Use multiple books to shop for the best odds
• Track your bets and closing line value
• Take advantage of odds boosts and promos when available
• Bet only on sports you follow closely

Things to avoid

• Chasing losses or tilting after bad beats
• Using offshore sportsbooks (unsafe and unregulated)
• Betting on NY college teams (not allowed)
• Ignoring line movement and market context

If betting becomes stressful or harmful, contact the NY HOPELINE at 1-877-8-HOPENY or text HOPENY (467369).