New York Online Sports Betting

The Empire State – where the sports betting scene is bigger than the city lights down in Times Square – yea yea yea. One thing surer than hearing Alicia Keys on permanent repeat in Manhattan is the huge range of sportsbook sign up offers we have here at Bonus Bets USA. Note that it only takes one hand to bet on your mobile, freeing up the other to swat away tourists. So grab a handful of the world’s most expensive M&Ms and get busy.

If you or anyone you know has a gambling problem, please call 1-800-GAMBLER.

New York Sportsbook Bonuses

New York Sports Outright Winners Odds

There are a vast number of sports on which you can bet online – each of our New York sportsbook betting reviews will tell you exactly what sports are available. As a proud resident of the Empire State, you will easily be able to place online wagers on the following professional New York based sports teams from your mobile device, tablet or desktop.

Get a Winning Start to Online Betting in New York

Before you sign up to a sportsbook – make sure you grab one of the sign-up offers on this website by clicking on one of our Claim Offer links above (affiliate disclaimer: we may receive a payment from the sportsbook for this service).

Our links will automatically open the New York sportsbook sign-up page for you – and also trigger any signup bonus reward mechanism. Depending on the sportsbook – you may also be asked to add a promo or bonus code, these are clearly stated on our offer pages.

By signing up to a sportsbook through Bonus Bet USA and then following the simple bonus-activation process, you will activate the offer listed above and snag your bonus bets. Every offer comes replete with its own terms and conditions, which might include receiving the listed bonuses in multiple bet-increments, time-boxed betting windows, or, what is known as play-through requirements.

These are super-simple yet important to understand. We clearly state the relevant terms & conditions within our offer pages, be sure to read them – an informed bettor is a smarter bettor!

You may need to prove your identification and/or residential status during sign-up, so have a think about where your documentation is before you begin. It is usually your social security number that is requested upfront, but some sportsbooks require further ID checks, usually in the form of a drivers license or state ID card.

Online Sports Betting is Legal in New York

Sports gambling has officially been legal in New York since 2013 but it took until July 2019 for the first official sportsbook to open. This was followed in January 2022 with the launch of mobile sports betting and there are now nine live online sportsbooks in the state.

In order to place an online sports wager in New York, bettors must be at least 21 years of age and be registered with one of the state’s registered sportsbooks.

Sports Betting Winnings are Taxable in New York

In New York, winnings from online sportsbooks are classed as taxable at a federal level. Therefore, the Internal Revenue Service (IRS) requires each individual to report and pay tax on all of their gambling winnings, including amounts won by online sports betting. These sums should be reported as “Other Income” on IRS Form 1040, with the rate an individual pays being based on their annual earnings.

The state also imposes a tax on winnings from sports betting based on how much an individual earns:

Earnings Band	Tax Rate
$0 – $8,500	4.00%
$8,501 – $11,700	4.50%
$11,701 – $13,900	5.25%
$13,901 – $21,400	5.90%
$21,401 – $80,650	5.97%
$80,651 – $215,400	6.33%
$215,401 – $1,077,550	6.85%
$1,077,551 – $5,000,000	9.65%
$5,000,001 – $25,000,000	10.30%
$25,000,001 +	10.90%

In addition to all of the above, the sportsbooks themselves are also taxed by the state at a flat rate of 51% of their adjusted gross revenues – the joint-highest rate in the US. This is usually recovered from the punters through adjusted odds or reduced payouts.

Who Regulates New York Sports Betting?

Online sports betting in the state is administered by the New York State Gaming Commission who regulates all aspects of gaming activity, including horse racing, the state lottery, commercial gaming, interactive fantasy sports, charitable gaming and, of course, sports betting.

Further Reading: https://www.gaming.ny.gov/about/

Can I Bet On New York College Sports Online?

No. The placing of bets on college teams from New York is not permitted, even if they are playing outside of the state, but you can legally bet on college games involving all out-of-state teams.

Can I Bet On E-Sports Online?

Yes, it is possible to access E-Sports in the state of New York.

Responsible Gambling In New York

Bonus Bet USA supports Fun, Safe & Responsible Gambling. Head to our Responsible Gambling page for more information and links to resources which could be helpful. Gambling and sports betting are designed purely for fun and entertainment, but when they escalate to harmful levels, severe repercussions can follow. In essence, any gambling that negatively impacts your personal or work life constitutes problem gambling.

The notion of responsible gambling encourages secure, controlled, and lawful gambling experiences while reducing the potential harm to individuals, families, and society. The saying “too much of a good thing can be detrimental” is definitely applicable to gambling.

Signs of Problem Gambling

Several warning signs indicate problematic gambling behaviour, such as:

• Frequently daydreaming about gambling or betting strategies
• Increasing bets to achieve the thrill of excitement
• Wagering money not designated for entertainment or money you cannot afford to lose
• Feeling irritable, anxious, or annoyed when ceasing gambling activities
• Engaging in illegal activities to support or fund gambling
• Taking loans to finance gambling
• Attempting to recover lost funds by placing larger bets
• Deceiving friends, family, and colleagues about the extent of your gambling

However, the most significant and telling sign of excessive gambling is the inability to stop or reduce it despite attempts to do so. In addiction terminology, this is referred to as acting “without your own permission.”

If you or anyone you know has a gambling problem, please call 1-800-GAMBLER.