Ny Online Sports Betting

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With New York facing a $15 billion budget shortfall from the coronavirus pandemic, online sports betting is viewed as one possible way to inject much-needed money into the state. New Jersey legalized online wagers in 2018, and earlier this month, Governor Andrew Cuomo included an online professional sports betting plan in his executive budget proposal that he claimed would raise $500 million in revenue for the state.

New York now has legal sports betting, although it’s not online yet. Just under a dozen upstate casinos can operate brick-and-mortar sportsbooks at the moment. Daily fantasy sports and horse racing are also legal — and regulated — in New York. Read on for more information about all of the sports gaming options in the state. New York Sports Betting — Where You Can And Can’t Play As home to a bevy of historic sports franchises, major media corporations, professional sports league headquarters, and a pool of thousands of new sports bettors, New York’s foray into legal sports gambling has been closely scrutinized. Best NY Online Sports Betting Apps 2021 If you are an avid sports fan, you will be happy to learn that NY will soon be offering legal online sports betting. The major betting sites will present online sports betting apps in New York allowing you to place wagers using a variety of devices. Jan 14, 2021 Ongoing NY online sports betting legislation Early indications were that the Governor’s office was intent on extracting as much tax revenue as possible. A single-source platform could yield the.

With New York facing a $15 billion budget shortfall from the coronavirus pandemic, online sports betting is viewed as one possible way to inject much-needed money into the state.

But many logistical hurdles remain. Cuomo’s proposal for legalization runs counter to what the Democratic supermajority in the state legislature is pitching. Some authorities are questioning the legality of the whole enterprise. And there are lingering concerns about gambling and addiction, particularly with the number of people sequestered at home and the opportunities that could be suddenly available to lose significant amounts of cash.

“I don’t see the governor’s proposal as workable in New York,” said Assemblyman Gary Pretlow, the chairman of the Committee on Racing and Wagering.

Right now, you can place horse racing bets on your smartphone through an app run by the not-for-profit corporation that oversees horse racing in New York’s three major tracks. Mobile betting for professional sports could theoretically function in a similar way. Currently, the servers for horse betting are located at the racetracks.

In both Cuomo and the legislature's proposals, the servers for mobile sports betting would be situated at places where bets are already taken, like casinos. The major overriding question is how many operators, or “skins,” as they are called in the industry, there will be, and who will get to profit.

Under Cuomo’s proposal, which still needs to be fleshed out further, the New York State Gaming Commission would be directed to solicit bids for a small number of mobile sports wagering operators. The system would be akin to how the state-run lottery functions, with possibly only one or a small number of operators overseeing sports betting. A single operator runs online sports betting in New Hampshire, Oregon, Rhode Island and the District of Columbia. Overall, sports betting is now legal in more than two dozen states.

Robert Mujica, Cuomo’s budget director, said earlier this month that the advantage of the state proposal would be the ability to maximize tax revenue. “The fundamental question is: if you want to support the bottom line for casinos or New York’s students. And the governor’s proposal chooses students,” Mujica told the Wall Street Journal. (An identical statement was sent to Gothamist from Freeman Klopott, a budget spokesman for Cuomo.)

It’s not clear yet what Cuomo’s tax rate would be for his online betting model, though Mujica has asserted that it would be enough to raise $500 million a year. The state legislative proposal, co-sponsored by Pretlow and the chairman of the State Senate’s Racing and Wagering Committee, Joseph Addabbo, puts the number closer to $100 million annually.

At first glance, that would seem to make Cuomo’s proposal the better one, given the potential for serious state budget cuts without new forms of revenue. But lawmakers and some gambling industry insiders aren’t so sure. In New Jersey, which is generally viewed as a success given the number of people who place bets, there are as many as 17 legal online sportsbooks.

New York’s legislature is looking to take a similar approach, believing their proposal has a better opportunity for growth—more operators can lead to more options for consumers and more interest in placing bets. Addabbo calls his legislation “inclusive,” because it would also allow for Native American casinos, casinos on state property, and off-track betting sites to participate.

“Competition bodes better for our residents and will drive up revenues than being a narrow state-run lottery kind of system,” Addabbo argued. “New York finds itself in a very odd position not being a leader. We are outside looking in. New York right now is a three-wheeled car limping along in the right lane. New Jersey and Pennsylvania are speeding by us.”

Bennett Liebman is a government lawyer in residence at Albany Law School who previously advised Cuomo as the deputy secretary for Gaming and Racing. He said the difference between the two models is a question of what is being prioritized: more tax revenue, or a better model, long-term, for consumers and gambling interests?

Sports Betting Online In Ny

“It all depends on what you want in your market. If you want what the governor is seeking, which the draft is very general, you are looking for maximum tax revenue, you will give it to one or two groups and you are going to tax them at a very high rate,” Liebman said. “If you are looking to create a robust market to help out casinos and consumers, then you go with, or you are more inclined to go with, the legislative plan.”

Liebman called the Cuomo administration’s $500 million revenue figure for online sports betting “very, very high,” and predicted a few operators would dominate the space in New York, like DraftKings and FanDuel have done in New Jersey. Casinos, racetracks, and online gambling in total generated a little more than $300 million in tax revenue for New Jersey in 2020.

Even if New York reached Cuomo’s projections—let alone the far smaller figure from the state legislature—online sports betting would represent only a minuscule fraction of a state budget that was $177 billion last year. One question hanging over the debate is whether the united front fighting for mobile sports betting in New York—the currently existing casinos, and operators like DraftKings and FanDuel—would crumble if only a small number of them were selected to make money from sports betting.

According to a constitutional amendment passed in 2013, sports wagering in New York is currently allowed only in physical portions of its four existing commercial casinos and other facilities operated by Indian tribes. Cuomo and supporters of online sports betting believe their proposal will meet the requirements of the state constitution by locating the servers for the betting websites at the physical casinos.

Neil Murray, an Albany attorney who has sued to oppose gambling in the state, said there was a “legitimate, serious question” about the constitutionality of online sports betting.

“The problem right now is the constitutional amendment that was passed several years ago does carve out exceptions for gambling at casinos. The operative word is ‘at’ and what does that mean?”

Murray argued the way the amendment was proposed—an economic stimulus for destination casinos that would prevent the proliferation of gambling statewide—contradicts the arguments made for mobile sports betting today. “If you allow online gambling and people can gamble from their living rooms, then of course that destroys the whole purpose on which gambling was authorized on a limited basis to begin with,” he said. “Everybody is counting on collective amnesia.”

Betting

Pretlow, the state assemblyman, contended that his bill met the requirements of the state constitution but Cuomo’s would not if it chose to operate like the state lottery. The lottery is regarded as a game of pure chance with no skill involved, allowing it to circumvent a longtime prohibition on gambling in the state.

Nys Mobile Sports Betting

“The lottery has to be 100 percent chance. The lottery is not gambling,” Pretlow said. “It’s flip a coin, heads or tails, nothing in the middle. I think if the lottery were to handle sports betting, it would lead to a constitutional question.”

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In the wake of the scrapping of the PASPA in 2018, New York was finally free to establish its own regulations to that legalize sports betting and even online casino gaming. This was a great relief to the Yankees especially since New York City itself is home to 2 MLB teams, 2 NFL teams, 2 NHL teams, and 2 NBA teams. Elsewhere in the state, the city of Buffalo has an NHL team and an NFL team as well. In total, the Empires state is proud to have at least 24 different sports clubs and teams.

Finally, in June 2019, the state assembly passed the sports betting law, nearly six years after land-based casino gaming was legalized. The New York State Gaming Commission then approved the enacted SB 17 regulation. This law had been introduced in the assembly back in 2018 by the new chair of the Senate Racing, Gaming and Wagering Committee; Sen. Joseph Addabbo. This bill borrowed heavily from retired Senator John Bonacic’s proposed bill, S7900 on the same, but had failed to be passed into law. Here’s a quick teardown of the sports and mobile betting law;

  • There’s a 0.2% ‘royalty fee’ payable to the state’s professional state leagues
  • An 8.5% tax on the gross revenue received from sports betting activities
  • Bettors will have to be physically present within a licensed casino in the state lines if they are to place any wagers
  • Mobile sports betting is also allowed, but players are required to create their mobile gaming accounts in person
  • The bodies governing sports in the state are required to user ‘Official League Data’ for specific bets on sporting events
  • Only state-licensed casinos are allowed to operate sportsbooks
  • Any outside vendor of sports and mobile betting services will have to strike a partnership deal with local casinos if they want to offer their gambling services to locals
  • Betting on local college or university sports, teams and/or clubs is prohibited

As you can see, while sports and mobile betting is legal, New Yorkers are only allowed to back their favorite team only if they are physically present in a licensed gaming house. This means that online betting on sports is technically legal, at least via mobile devices but only within casinos. This is a good sign, and it looks like soon enough, there will be fully-fledged online betting on casino games as well. For now, however, as Yankees enjoy betting on their favorite sports teams, we’ll all be waiting patiently for assemblypersons to further expand the gambling laws to accommodate online casino games as well.

Which Sports Can You Bet on in New York?

After the law to allow sports and mobile betting was passed, the Gaming Commission of the Empire State released a complete list of wagers that are acceptable within the state. Thankfully, these wagers go far beyond the standard win or lose. You can as well place bets on a range of other potentially lucrative predictions which include over/under on the points and futures as well as exotics on specific players and the points they’ll score or moves they’ll make in the match.

All in all, as we speak, the Gaming Commission has accepted placing wagers on 11 different sports. Moreover, this menu comes with a comprehensive set of guidelines on the wagers that are acceptable per game. The said sports you can bet on in the designated locations and online via mobile devices are;

New York State Sports Betting

In case you were wondering, the licensed casinos in the state are allowed to accept wagers on whichever sports they like and the types of wagers they want to accept. They do not have to pick all options outlined by the state’s Gaming Commission.

Where Can You Place Sportsbook Bets in New York?

Based on the provisions of the law, you’ll notice that each licensed casino in the Empire State has partnered or is setting up shop with an already established American and global sportsbook brands. It’s an efficient way of rolling out the sportsbook services, and they come complete with mobile betting infrastructure. That way, locals weren’t kept waiting for long right after the bill was passed into law. So, if you are a Yankee looking for a sportsbook to bet on sports without the fear of brushing shoulders with the law, here’s a tabulated summary of your options;

Additionally, three more Seneca Indian Nation tribal casinos are exploring their options to set up sportsbooks in Salamanca, Niagara Falls, and Buffalo. This expansion will surely be well received especially because the sportsbooks will be brought closer to the people.

Legal Online Betting in New York

Ny Online Sports BettingOnline

Contrary to what most people assume, there are a couple of online gambling games that are completely legal in the Empire State. As we’ve already established in the previous section, fantasy sports and horse racing have always been exempted by even the stringiest anti-gambling laws of the late 20th and the now 21st century. Unless your individual state has outlawed fantasy sportsbook and horse racing platforms, you won’t be breaking any laws.

Thankfully, the New York legislature has not banned fantasy sportsbook platforms or horse racing and greyhound racing sites. Additionally, online skill games are also categorically accepted by the law at a national level, just like fantasy sports and horse racing. That’s because these games are considered contests of skills by the federal law, meaning they are technically not all about chance. Here’s a quick look at where you can bet online on these games in New York;

Horse & Greyhound Racing

We all know the rich history of New York and horse racing. Belmont Stakes anyone? With 11 different horse and greyhound racing facilities in the state, there’s no doubt that this is a booming business. By 1970, off-track betting on runners was allowed by the law and owing to the fast-changing technology, horse and greyhound racing enthusiasts can easily stream the evens from anywhere in the state. Some of the most reliable websites where you can gamble online on the runners include;

  • TVG
  • TwinSpires
  • BetAmerica

On online horse racing platforms, you can place bets on range of different fixed and pari-mutuel odds set on hundreds of local and international horse races.

Fantasy Sports

Thanks to a law that was enacted back in August 2016 to allow fantasy sportsbook platforms, Yankees can safely and legitimately bet online on fantasy sports. While the majority of New Yorkers have heard of this term with millions betting on it, lots of people don’t have any idea what its all about because it’s a ‘sport’ that emerged recently.

In a nutshell, fantasy sports is about players assembling imaginary or virtual teams via the internet, based on real-life players of professional sports teams. So, if you are an NFL buff, for instance, you could draft a team with a wide receiver from the Buffalo Bills, a running back from NY Jets and a quarterback from the Giants. All other players within your league will have the same opportunity, and your teams will compete against each other. Now, points are then assigned to actions that the said players will perform on that day. For instance, for every catch of the wide receiver makes in real life, you’ll get a point for your picked team. At the end of the day, all points are totaled based on your selection, and the winner is determined by the highest score.

If this is something that will tickle your fancy, some of the most prominent fantasy sportsbook websites where you can line up your team are DraftKings and FanDuel.

Skill Games

Skill games are games as the name suggests, are games based on skill or your knowledge of the game. Depending on the skill you feel strongest at, you can pick a wide range of options to play online. Some of the most popular include;

  • Arcade Games: Bejeweled, Tetris
  • Gameshows: Wheel of Fortune
  • Card Games: Solitaire, Spades
  • Word Games: Scrabble, Word Mojo
  • Strategy Games: Mahjongg, Cubis

Online Lottery

As one of the first states to have a state-managed lottery, it’s no surprise that the state allows you to manage your lotto tickets online, as long as you are within state lines. However, you should note that the state has only one licensed and mandated website. But then again, you can’t purchase single lotto tickets on this website as you would expect for an online gambling site. Instead you can only renew or buy subscriptions of the most massive state lottery games such as Mega Millions, Cash 4 Life and New York Lotto. Through this website, you are given room to manage up to ten different subscriptions, allow the computer to pick random figures for you, or do it yourself!

As you can see, you have online gambling options in New York with fantasy sports, online horse and greyhound racing and seven skill games on reliable platforms. When it comes to online casino games things are still a bit murky but for online poker on the other hand, there’s a good chance that players could be betting online by 2020.

New York Online Gambling FAQ

Here are some of the frequently asked questions concerning gambling in the state of New York:

🔞 What is the legal age requirement for gambling in New York?Online

The law stipulates that New Yorkers must be at least 18 years old if they are to participate in any gambling activity that’s legal within the state lines. That includes betting on horses, casino games, and even playing the lottery. However, if you go playing in a facility where alcohol is being served, then you must be over 21 years old!

⚖️ Will intrastate online gambling platforms ever be authorized?

Currently the intrastate online casino system in New Jersey is already operational. Being that the gambling laws in the Empire State have previously borrowed from the framework in New Jersey, we expect them to follow suit with this as well. Even though up to this point in time New York lawmakers have not passed any online casino laws, there is a high possibility this will change soon as the state looks for means to increase state revenue.

⚖️ Which online gambling games can I legally play in New York?

You can bet place off-track horse racing bets, online fantasy sports, skill games, and a limited selection of lotteries.

♠️ Can I play online casino games and poker in offshore sites?

Ny Online Sports Betting Update

Well, while no one’s ever been arrested or prosecuted from playing online casino or online poker in NY in offshore sites it’s often not safe. That’s because there are plenty of unregulated and fraudulent websites on the internet and in case you don’t receive your payout, there’s nothing you can do about it because you can’t report or sue the website in question.

🎲 Which games can I legally play in New York casinos?

Ny Online Sports Betting Law

In commercial and tribal casinos within the state lines, you can take part in legal gambling in NY on games such as video poker, slot machine games, electronic table games as well as table and card games such as live poker, craps, blackjack, baccarat, and roulette.