New York Sports Betting July 2023

New York Sports Betting July 2023

Posted on February 21, 2024 by in Gambling
New York Sports Betting July 2023

New York sports betting has been live for over a year now, and it has become one of the most exciting and lucrative markets in the country. As of July 2023, there are nine online sports betting apps available to download in the Empire State, offering a wide range of options for bettors of all levels and preferences. In this article, we will review the best New York sports betting apps for July 2023, the current bonus offers, the legal and regulatory framework, and some frequently asked questions.

Best New York Sports Betting Apps for July 2023

According to the latest data from the New York State Gaming Commission (NYSGC), the nine online sports betting operators that are licensed and regulated in New York are:

  • BetMGM
  • BetRivers
  • Caesars
  • DraftKings
  • FanDuel
  • PointsBet
  • Resorts World Bet
  • WynnBET
  • Bally Bet

Each of these apps has its own strengths and weaknesses, depending on what you are looking for in a sports betting platform. Here are some of the factors that you may want to consider when choosing an app:

  • Welcome bonus: Most apps offer some kind of incentive for new customers, such as a risk-free bet, a deposit match, or a free bet. These bonuses can vary in size and terms, so make sure to read the fine print before signing up.
  • Market selection: Some apps have more betting options than others, covering a wider range of sports, leagues, events, and types of bets. If you like to bet on niche or exotic markets, you may want to look for an app that has them.
  • Odds and prices: Not all apps offer the same odds and prices for the same bets, so it pays to shop around and compare different apps to find the best value. Some apps may also have special features that enhance your odds or profits, such as odds boosts, parlay insurance, or cash out.
  • User interface: The design and functionality of the app can affect your overall betting experience. You may want to look for an app that is easy to navigate, fast to load, and compatible with your device.
  • Customer service: If you encounter any issues or questions while using the app, you may want to contact the customer support team. Some apps have more responsive and helpful customer service than others, offering multiple channels of communication such as phone, email, live chat, or social media.

To help you decide which app is best for you, we have compiled a table that summarizes some of the key features and ratings of each app:

App Apple Store Rating Google Play Rating Sign Up Offer Why We Like It
BetMGM 4.8 Stars / 152.1K Ratings 3.8 Stars / 18.3K Reviews Up To $1,000 Deposit Match Best for New Bettors
BetRivers 4.0 Stars / 10.5K Ratings 4.4 Stars / 130 Reviews 2nd Chance Bet Up To $100 Best for Retail Betting
Caesars 4.6 Stars / 41.5K Ratings 4.3 Stars / 19.4K Reviews Up to $1250 First Bet Bonus Best for Ease of Betting
DraftKings 4.8 Stars / 1M Ratings 4.7 Stars / 197K Reviews $50 Bonus Bet + $1,000 Deposit Match Best for Overall Experience
FanDuel 4.8 Stars / 1M Ratings 4.7 Stars / 197K Reviews No Sweat First Bet up to $1,000 Best for Welcome Bonus
PointsBet 4.8 Stars / 38.9K Ratings 4.4 Stars / 10.5K Reviews 5x$100 in Bonus Bets Best for Unique Bets
Resorts World Bet N/A N/A N/A Best for Casino Integration
WynnBET 4.6 Stars / 739 Ratings N/A Bet $20, Get $100 in Bonus Bets Best for Live Betting
Bally Bet N/A N/A N/A Best for Loyalty Program

Legal and Regulatory Framework

New York legalized online sports betting in April 2021, after years of debate and negotiation between the state legislature and then-Gov. Andrew Cuomo. The law authorized the NYSGC to select one or more providers to offer mobile sports wagering across the state.

The NYSGC issued a request for applications (RFA) in July 2021, and received 18 bids from various sports betting operators and platform providers. After a lengthy evaluation process, the NYSGC recommended nine operators for mobile licenses in November 2021, and officially awarded them in December 2021.

The nine operators are required to pay a one-time license fee of $25 million each, and a tax rate of 51% on their gross gaming revenue. They are also required to partner with one of the four commercial casinos or seven tribal casinos in the state, and use official league data for in-play bets.

The first wave of online sports betting apps launched in January 2022, just in time for the NFL playoffs and Super Bowl. Since then, the market has grown rapidly, generating over $200 million in revenue and over $100 million in tax revenue for the state in the first six months of operation.

New York sports bettors must be at least 21 years old and physically located within the state borders to place a wager. They can register, deposit, and withdraw funds online, using various methods such as credit/debit cards, e-wallets, bank transfers, or cash at the casino cage. They can also bet on any sport or event that is not prohibited by the NYSGC, such as college sports involving New York teams or minors.

Conclusion

New York sports betting is one of the most dynamic and competitive markets in the country, offering a variety of options and opportunities for bettors of all levels and preferences. Whether you are looking for a generous welcome bonus, a wide market selection, a user-friendly interface, or a reliable customer service, you can find an app that suits your needs and expectations.

To get started, you can download any of the nine apps listed above, create an account, claim your bonus offer, and start placing your bets. You can also use our resources to help you stay informed and updated on the latest news, trends, and tips for New York sports betting.

FAQ

Q: Is online sports betting legal in New York?

A: Yes, online sports betting is legal and regulated in New York since January 2022.

Q: How many online sports betting apps are available in New York?

A: There are nine online sports betting apps available in New York as of July 2023.

Q: What are the best online sports betting apps in New York?

A: The best online sports betting apps in New York depend on your personal preferences and needs. You can use our table above to compare some of the key features and ratings of each app.

Q: How do I sign up for an online sports betting app in New York?

A: You can sign up for an online sports betting app in New York by downloading the app from the Apple Store or Google Play Store, creating an account, verifying your identity and location, and making your first deposit.

Q: How do I claim a bonus offer from an online sports betting app in New York?

A: You can claim a bonus offer from an online sports betting app in New York by following the instructions on the app or website. Some apps may require you to enter a promo code or opt-in to the offer, while others may automatically credit your bonus to your account.

Q: How do I place a bet on an online sports betting app in New York?

A: You can place a bet on an online sports betting app in New York by selecting the sport, event, and market that you want to bet on, entering your stake amount, and confirming your bet slip.

Q: How do I withdraw my winnings from an online sports betting app in New York?

A: You can withdraw your winnings from an online sports betting app in New York by requesting a withdrawal from your account balance, choosing your preferred method of payment, and following the instructions on the app or website. Some methods may have minimum or maximum limits, fees, or processing times.

  • Tags :
Online Casinos

Stars Casino

Stars Casino: Get $100 bonus cash + 200 bonus spins

Stars Casino

Stars Casino: Get $100 bonus cash + 200 bonus spins

Top Online Bingo sites