Sports Betting in New York

Licensed Sportsbooks

State-licensed regulated sportsbooks. Operator tax rate: 51%. Online betting legal since January 2022.

DraftKings★ 4.9

Same-game parlaysDFS integration

FanDuel★ 4.8

Cash outLive in-play betting

BetMGM★ 4.8

Parlay builderCustom odds

Fanatics★ 4.8

FanCash rewardsFast signup

theScore Bet★ 4.8

Integrated mediaStats-driven

BetRivers★ 4.8

Prop CentralEarly cashout

Caesars★ 4.7

Caesars RewardsProfit boosts

Bally Bet★ 4.7

Unified walletCasino integration

Resorts World Bet★ 4.4

New York exclusiveQueens-based

Prediction Markets

Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks.

Kalshi★ 4.9

CFTC-regulatedSports event contractsLive trading

Polymarket★ 4.6

CFTC-regulated (via QCEX)High-volume marketsCrypto-native

Robinhood★ 4.7

Powered by Kalshi0% commission50-state availability

FanDuel Predicts★ 4.6

CFTC-regulated50-state availabilitySports contracts in 18 states

DraftKings Predictions★ 4.6

CFTC-regulated38-state availabilitySports contracts in 17 states

Crypto.com Event Contracts★ 4.5

CFTC-regulated10 major sportsUSD + crypto deposits

Peer-to-Peer Sweepstakes Exchanges

Dual-currency model. Trade directly against other users instead of against a sportsbook.

Fliff★ 4.6

Social sportsbookDual-currency (Fliff Coins + Cash)Largest US sweepstakes operator

Rebet★ 4.4

Social sportsbookDual-currencyMobile-first

Novig★ 4.8

Peer-to-peer exchangeNo vigReal-money sweepstakes

Legal Status

Nation's largest market by handle and revenue. ~$1.46B in state tax revenue since launch despite only 9 operators. High tax rate creates operator profitability challenges.

Online sports betting has been legal in New York since January 2022.

Tax Information

51% on operator revenue — the highest rate in the nation — plus $25M one-time license fee. Can result in less competitive odds for bettors.

College Betting Restrictions

No in-state college bets. No college player props.

Legislative Timeline

1. May 2018
   PASPA struck down by SCOTUS
2. July 2019
   Retail sports betting launches at upstate casinos
3. April 2021
   Mobile sports betting law signed
4. January 8, 2022
   Online sports betting launches

   51% operator tax — one of the highest in the United States.

How DawBets Helps New York Bettors

DawBets compares odds across every sportsbook available in New York in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.