Category Archives: Sports Betting

Photo by: STRF/STAR MAX/IPx 2021 3/18/21 Draftkings plans for $1 billion in convertible debt ... [+] offering. STAR MAX Photo: Draftkings posters photographed at the Hoboken train station in Hoboken, New Jersey.

Disney/ESPN, Caesars, Fox, DraftKings, FanDuel, State Governments and their Lotteries are all getting into this space.Since a Supreme Court decision in 2018 (Murphy v. NCAA) striking down a federal ban on sports betting, half of US states have legalized sports wagers.

No surprise that Nevada comes in as the leader in gambling revenue, followed by New Jersey, Pennsylvania and Illinois.All told there were $35 billion placed on US sports bets in 2020, generating $1 billion in revenue to sportsbooks, and those numbers are estimated to grow six fold in the next three years.

Given these facts, the ensuring battle over these dollars has become a land grab, including in New York and Connecticut where significant entry is about to come into the fold.The question becomes, what are the key competitive attributes that will determine who come to be the leaders in these markets.

Access to Consumers/ First Mover Advantage

Before sports betting on games themselves was legalized, online fantasy sports was the testing ground for decades, with DraftKings and FanDuel being the leaders.These companies amassed databases of a million plus individuals willing to place money on sports outcomes, and that likely contribute to the fact they are now also the leaders in the sports betting space with roughly 80% of the market.

DraftKings and FanDuel also have a head start in assessing consumer patterns in each state, including many regulations that are state specific.Both companies are funded by public companies, and have the resources to navigate an ever changing landscape.

League Endorsements

Sportsbook operators are competing to be named the official gaming partner of the various sports leagues. This official status not only legitimizes the company, but also provides distinct marketing and operating advantages. Official gaming partners acquire IP and data rights, granting them the ability to use the leagues logos, as well as its team trademarks and colors.

The NBA named FanDuel and DraftKings its official sports betting partners, while also signing a three-year, $25 million deal with MGM to make it the leagues exclusive official retail partner. Similarly, the MLB continued its investment in DraftKings, naming it a co-exclusive official sports betting partner along with BetMGM.

Even if not named an exclusive retail partner, others are competing to become one of several authorized sports betting partners with leagues; in August, PointsBet and WynnBET, along with BetMGM, were able to secure this designation with the NFL.

Partnerships

The battle to secure valuable partnerships extends well beyond the sports leagues themselves. Sportsbooks could gain a significant competitive advantage by striking a deal with any sports team or sports adjacent company.

For instance, sportsbooks have already struck deals with broadcast and cable networks, as CBS named William Hill its official sportsbook sponsor. Similarly, NBCUniversal owns a 5% stake in PointsBet, estimated at $500 million, while Fox Sports invested $236 million in its own branded sportsbook, FoxBet.

The utility of partnerships in the mad scramble may be best evidenced in New York, which will soon come into the sports gambling fold. Both Caesars and BetMGM have been named an official sports betting partner of Madison Square Garden, the New York Knicks and the New York Rangers, providing the companies with the opportunity to directly market to fans in-arena, via social media, and on broadcasts. Caesars has proven especially creative, securing a partnership with the Manning family including former New York Giants quarterback Eli Manning.

This trend also bodes well for powerhouse companies such as Disney and ESPN, who seek to enter into the sports gambling space. As Disneys CEO said, given our reach and scale, we have the potential to partner with third-parties in the sports gambling space in a very meaningful way. ESPN already partnered with Caesars to open a studio facility for sports gambling programming in Las Vegas; ESPN is also reportedly eyeing a $3 billion sports gambling partnership with Caesars and DraftKings.

Strategic partnerships have also proven useful in securing government approval in certain states. In New York, sportsbooks allied together into a consortium in order to present a more attractive bid for regulatory approval.

Further, to secure a license to operate in New York, the two winning consortiums partnered with the tribal nations that run casinos. Those tribal nations feared intrusion on their longstanding deal with the state, which granted them exclusive gambling rights in their region. The FanDuel-led consortium partnered with Seneca Nation, while the Caesars-led consortium partnered with the Oneidas and Saint Regis Mohawk Tribe.

Brand Perception / Marketing

As sportsbooks offer largely comparable products, marketing has emerged as a critical area of differentiation between competitors. There are no national advertising standards for sports gambling or federal agencies in charge of monitoring sports gambling, rather marketing regulations are left to the individual gaming commissions in each state. Thus, existing players have the advantage as they have the background and resources to navigate the patchwork of complex marketing regulations which vary from state to state.

While all operating under the same rules, Sportsbooks also will determine the type of brand image they will portray. If advertising is perceived as aggressive or even predatory, that will provide an interesting dynamic especially as new regulations are applied.

Wager Innovation

Every sportsbook offers bets on who will win a certain game, but not every sportsbook offers bets on whether a specific player will make their next two free throws. The Super Bowl best exemplifies how varied the offerings can be, as sportsbooks may offer bets on the length of the National Anthem, or whether the coin toss will be heads or tails.

Sportsbooks are trying to carve out their niche, exploiting the limited areas of differentiation as best they can. For instance, DraftKings has a betting carousel, displaying a series of bets the company finds most relevant based on your preferences. FanDuel offers easy navigation and frequent promotions.

Up and coming sportsbooks are faced with an uphill battle in the quest for differentiation, as start-up costs are steep and the ever escalating promotional arms race necessitates rising customer acquisition costs. Rising start-up Vigtory demonstrates the double edged sword of successful differentiation, as they have risen from the pack in the public consciousness by offering to take a substantially lower vig, or the cut the house takes on a bet. Yet critics have called this tactic a race to the bottom, as smaller companies will go broke trying to loss lead with small margins.

Regulatory Approval

Perhaps the most critical factor in achieving market success is securing government approval, and the terms one accepts to do so. This procedural hurdle is different in every state, and ill-prepared companies risk being completely shut out of a particular market. To gain approval, larger sportsbooks may need to make significant concessions, and smaller sportsbooks may need to highlight areas of differentiation just to get their foot in the door.

In Connecticut, sportsbooks must contend with the Connecticut Lottery Corp., which dominates the retail market. This quasi-public agency was authorized to operate as many as 15 retail sportsbook locations, largely because it was willing to agree to no-compete zones within 25 miles of a Mohegan or Mashantucket reservation. As this compromise started the process of negotiations with the Mohegans, Mashantuckets and Governor Ned Lamont, it was a comparatively small price to pay.

Rob Simmelkjaer, Chairman of the Board of the Directors of the Connecticut Lottery Corp., stated that underrepresented groups, including women-owned and minority-owned businesses, will have the advantage. While this may be a factor in Connecticut, at the very least, it likely varies state by state; critics of New Yorks approval system note that the process did not sufficiently account for whether operators promoted racial, ethnic and gender diversity.

BallyBet Sportsbook NY gained regulatory approval even though its apps first state launch was in only May 2021. This may be partially attributed to BallyBets unique social element, which allows bettors to follow their friends and generates a feed of their friends bets and betting statistics. BallyBet also stands out for its intuitive and easily digestible interface, allowing the company to nip at the heels of long standing leaders like MGM.

The approval process in some states, such as New Jersey, has been a relative free-for-all, where sportsbooks have had a far easier time gaining government sponsorship. There are nearly a dozen licensed operators in New Jersey, partnered with nearly two dozen online sites authorized to take bets.

New Jerseys comparatively laissez-faire attitude towards sports gambling demonstrates the interstate competition for gambling profits, as an estimated 20% of the sports betting action in New Jersey comes from New Yorkers crossing the state border. Time will tell if certain States regulatory schemes will have an impact on their neighbors.

So Who Wins?

At this point with the market still exploding, each company that earns its niche for a group of consumers should earn enough profit to claim victory.Once those players become well-entrenched over the coming years, a question will be whether the market can expand further or adapt to changing preferences.

In the end, in a market where the chief competitor is a bookie accepting unregulated bets (not subject to many of the factors above), the official entities who are able to capture the largest share of those previously undisclosed bets should come out ahead of the pack.Each of the above factors plays a role in that competition, and a leader should emerge that excels on each of those metrics.

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Place Your Bet: Who Will Win The Competition For Sports Betting Dollars - Forbes

Its been a really busy week with the Thanksgiving holiday and all of the sports that have been on the betting board. Maybe there are some things that you havent considered for Saturday. I know that Ive been playing catch up a little bit over the last couple of days. Having a handle on everything isnt exactly realistic and thats especially true at this time of the year.

One thing Ive noticed for Saturday is that wind will be a factor in several games across the country. Wind isnt the sole reason to make a play on a side or total, but it is something that you want to factor into the equation, especially at this time of the year.

Here are a few games with windy conditions:

Texas Tech at Baylor - rainy and windy (gusts up to 20 mph); total has fallen from 52.5 to 51

Navy at Temple - sunny, but gusts up to 30 mph; total has fallen from 43.5 to 42.5 - obviously less likely to affect Navy (-13)

Houston at UConn - sunny, but gusts up to 30 mph; total has fallen from 58 to 54.5

Wake Forest at Boston College - sunny, but gusts up to 30 mph; total has fallen from 65 to 64 - would think this affects both teams; decent under play?

Maryland at Rutgers - sunny, but gusts up to 30 mph; total has actually gone up from 52 to 53 - think this affects Maryland a lot more

UTSA at North Texas - rainy and windy (gusts up to 25 mph); total has gone up from 59.5 to 60 - lean under in this one (UNT runs the ball a lot)

We wont have a lot of college football games with bad weather moving forward, as most conference championship games are in domes or warm-weather locales, but make sure you handicap the weather conditions for the NFL the rest of the way and also keep these in mind for future seasons. You can get some good line value paying early attention to the forecast or even grab some late value bets on game day.

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Burke: Last-minute CFB Saturday weather updates - VSiN Sports Betting News - News - VSiN

Los Angeles Chargers quarterback Justin Herbert (10) reacts after the team scores a touchdown during an NFL football game against the Pittsburgh Steelers Sunday, Nov. 21, 2021, in Inglewood, Calif. (AP Photo/Kyusung Gong)

The LA Chargers have gone from controlling their own destiny atop the AFC West, to just another team looking up at the Chiefs.

Justin Herbert and LA stormed out to a 4-1 start. Since then, the Chargers have gone 2-3 over their last five, squeaking wins out over the Eagles and Steelers.

In Denver, the Broncos got off to a 3-0 start, but followed it up with four-straight losses. Then after wins over Washington and Dallas, they fell to the Eagles in Week 10.

After their bye week, Denver now gets set to host the Chargers for the first time this season at 4:05 pm EST from Empower Field at Mile High.

Odds as of November 27th at DraftKings

The Chargers opened as road favorites by a full two points. Partway through the week that had worked its way up to 2.5. After opening up 4-1 against the spread, LA has not been kind to bettors lately, going 1-4 ATS. The total has gone over in three of those five.

NFL Public Money has not been kind to the Broncos, and with good reason. The Broncos are just 2-5 ATS, with their two outright victories accounting for the covers.

Coming off of a bye, the Broncos used it to get healthy, but theres one big injury concern on the back end.

Safety Kareem Jackson missed a handful of plays against the Eagles with a neck injury. Things started trending downwards this week when Jackson was a DNP all three days. Rookie Caden Sterns would step in for him.

For the Chargers, one of their injuries stands out. For the second time in a month, rookie CB Asante Samuel Jr will miss time with a concussion. Its also another injury that a banged-up secondary will have to deal with.

Some outlets have reported that this will be a lengthy absence for Samuel.

Divisional games are always tough to get a read on.

Regardless of the spread and the disparity in talent on the sidelines, things are tight more often than not. Denvers calling card for years has been their defense, and while they havent always limited the points against LA, theyve always given their offense a chance.

The Chargers have actually been favored in six-straight matchups between the two sides. If the Broncos are looking to put their recent slide ATS to rest, then maybe a divisional game with the Chargers is what theyre looking for.

Four of the last five between these two have been decided by one score, with Denver pulling off the upset and covering in three of them.

For the most part, the Chargers have been able to keep themselves within striking distance of their games.

Whether its the play of Justin Herbert or their defense, eight of LAs games have been decided by a touchdown or less.

LAs results really come down to how well Justin Herbert is playing and how well the other team can run.

Following losses to the Ravens and Patriots, Herbert admitted that the two teams did things he wasnt expecting. An unexpected speedbump for the sophomore.

When Herbert has his way with a team, the Chargers normally win. In just two starts against the Broncos, hes 1-1 with four touchdowns, two interceptions, and 531 yards. He actually had more yards passing (278) in his loss to Denver in 2020 than his win.

Things seem destined to be close between these two teams based on their past results. But Denvers consistency this season has been troubling.

Their 3-0 start came against the Giants, Jaguars and Jets. Then they beat Washington and, surprisingly, the Cowboys. A week after beating Dallas they lost to the Eagles at home, managing just 96 yards on the ground and 212 through the air.

With the volatility of their performances, its tough to trust the Broncos to cover. This could easily be a one-point or two-score game. But the Chargers have more talent and should be looking to string some wins together.

The Pick: LA Chargers (-140); 1 unit

NFL MLB NHL Sports Writer

Bryan has spent the last decade working in the sports industry. He can be found conducting sideline interviews for SKY Sports and gathering post-match reactions for BBC. The sportcaster's broadcasts stream on CBC Sports, Game TV, and Premier TV in the UK.

NFL MLB NHL

Bryan has spent the last decade working in the sports industry. He can be found conducting sideline interviews for SKY Sports and gathering post-match reactions for BBC. The sportcaster's broadcasts stream on CBC Sports, Game TV, and Premier TV in the UK.

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LA Chargers vs Denver Broncos Odds, Betting Lines, Picks, and Predictions - Sports Betting Dime

Nathan Beighle| Sportsbook Wire

The Golden State Warriors (17-2) travel to Staples Center Sunday to take on the Los Angeles Clippers (11-8). Tip-off is scheduled for 3:30 p.m. ET. Below, we look at the Warriors at Clippers odds and lines, and make our expert NBA picks, predictions and bets.

The Warriors are the second-hottest team in the NBA and the only team without at least three losses.

They've been on fire behind two-time MVP Stephen Curry. Draymond Green has also re-established himself as one of the best players in the Association.

It has really been the team's bench that has elevated their level of play. Golden State is 14-4-1 against the spread. They took down the Clippers 115-113 at the Chase Center earlier this season.

Paul George had 29 while Curry dropped 45. The Clippers have been solid this season behind their improved defense, led by Eric Bledsoe and George. They're 9-10 against the spread.

Odds provided by Tipico Sportsbook; access USA TODAY Sports' betting odds for a full list. Lines last updated at 10:00 a.m. ET.

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Warriors

Clippers

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Golden State Warriors at Los Angeles Clippers odds, picks and predictions - The Indianapolis Star

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The Tennessee Titans (8-3) attempt to maintain their status as the No. 1 seed in the AFC as they are on the road against the red-hot New England Patriots (7-4). Kickoff for this pivotal AFC game is at 1 p.m. ET at Gillette Stadium. Below, we look at the Titans vs. Patriots odds and lines, and make our best NFL picks, predictions and bets.

The Titans had a six-game winning streak snapped last weekend when they lost 22-13 to the Houston Texans. They held Houston to only 190 yards of offense but turned the ball over five times. QBRyan Tannehillthrew a career-high four interceptions.

The Patriots have won five in a row. They have allowed a total of 13 combined points in their last three games. Rookie QBMac Joneshas been solid. Jones has completed 70.2% of his passes for 2,540 yards, 14 touchdowns and eight interceptions.

Also see:All Week 12 odds and lines

Odds provided by Tipico Sportsbook; accessUSA TODAY Sports betting oddsfor a full list. Lines last updated Saturday at 1:36 p.m. ET.

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Titans

Patriots

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Patriots 20, Titans 17

The Titans have weathered a lot this season. They enter this week with a ton of injuries. However, the defense has stepped up over the last few weeks, allowing an average of 18.3 points in the last five games.

However, without both Brown and Julio Jones, who is on injured reserve, as well as being without Derrick Henry, who is also on IR, Tennessee will not be able to generate enough offense.

The Patriots, on the other hand, have been great defensively as well, having allowed a total of 13 points in three weeks.

Because of the line where it is, though, PASS on the money line.

The Titans failed to cover the spread in their last two games but are 7-4 ATS overall this season. They have not covered the spread in any of their three losses.

The Pats are also 7-4 ATS but they have covered the spread in their last five games. The Titans will keep this game close. Ultimately, the Pats will do too much but the Titans will cover.

Take the TITANS +6.5 (-103).

The Titans are allowing an average of 18.6 points per game over their last five games. The Patriots are allowing only 10 points per game over their last five.

That combined with the Titans best offensive players being out means a low-scoring game.

Take UNDER 43.5 (-112).

Also see:Bet Slippin Podcast: NFL Week 12 picks and predictions

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Tennessee Titans at New England Patriots odds, picks and prediction - USA TODAY Sportsbook Wire

Week 12 brings us a battle between two struggling teams. The New York Jets (2-8) are on the road to face the Houston Texans (2-8). Kickoff is at 1 p.m. ET at NRG Stadium. Below, we look at the Jets vs. Texans odds and lines, and make our best NFL picks, predictions and bets.

The Jets have lost their last three games. Their most recent loss was 24-17 to the Miami Dolphins in Week 11. QBJoe Flaccohad two touchdown passes and WR Elijah Moorehad a great game catching eight passes for 141 yards and a score.

The Texans snapped an eight-game losing streak with a 22-13 victory in Week 11 over the Tennessee Titans. They only had 190 yards of offense but forced five Tennessee turnovers. QBTyrod Taylorrushed for two touchdowns in the win.

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Jets

Texans

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Jets 27, Texans 25

This game is tough to predict. QBZach Wilsonreturns to the lineup for the Jets. But that wont matter if the defense continues to allow an average of 39.8 points per game as they have since their bye week.

The Texans, though, are only averaging 15.0 points per game as a team, which is dead last in the league. That said, I just dont think we can count on the Texans winning two games in a row.

Take the JETS (+115).

The Jets are a league-worst 2-8 ATS this season, while the Texans are a respectable 5-5 ATS. The Texans have not covered the spread in consecutive games since the first two weeks of the season. New Yorks only two games it covered the spread were its two victories.

Take the JETS +2.5 (-103).

The Jets had a run of six straight games hitting the Over that was snapped last week. The Texans are 4-6 O/U this season and only one of their last five has gone Over the projected total. With a couple of bad defenses going at it, it should mean points.

Take OVER 45.5 (-108).

Also see:Bet Slippin Podcast: NFL Week 12 picks and predictions

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New York Jets at Houston Texans odds, picks and prediction - USA TODAY Sportsbook Wire

How to Bet Online

You dont have to be armed with a lot of knowledge to get into this multibillion-dollar legal sports betting industry. With a bit of practice and patience, sports betting is actually pretty simple.

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Las Vegas, known for high-stakes gambling and glamour, is also famous for its sportsbooks that offer the most up-to-date features, catering to all types of sports bettors. Certain factors, like the size of the sportsbook, the knowledge of their line makers, and even the software they use, all come into play.

But dont forget about customer service. At SportsBetting.com, our customer is the king. Our in-house sports trading team is available 24/7 to provide you odds on everything in the sporting world. You will never feel alone or clueless.

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Sports bettors can place their bets in a sportsbook or online. Just make sure you understand the rules in the state where they are in.

The safest gambling sites are found in countries where sports betting is legal and regulated. These sites have passed quality checks for legal sports betting. They comply with strict regulations to get a license to operate in the countries theyre in.Find out why SportsBetting.com is the only sportsbook youll ever need, as we list down what you should consider in choosing the best sportsbook for you.

Join us on social media and be part of our sports betting family. Log on to SportsBetting.com today for giveaways, free bets, expert opinion, and news. You can also follow us on Twitter.

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Best Sports Betting Sites in the US - Sports Betting

The Big Apple is one of the most famous cities in the world. New York City is a melting pot of cultures and backgrounds. The state has sports teams in each of the major professional sports leagues, including one of the most storied teams in American sportsthe New York Yankees. With the amount of teams from the varied leagues, there is a huge market for sports betting. Betting on these teams is a popular option for diehard sports fans in the New York region.

While betting on these teams can be fun, its important to be mindful of the laws surrounding online sports betting as they pertain to your state. Using this guide that we created specifically for New York residents, you can be well informed on the laws regarding sports betting in your New York and even the teams that are worth betting on. Once you are well versed in all things New York sports betting, youll be on your way to placing bets and making money.

There are no state laws in New York that prevent people from placing bets online. There are plenty of illegal bookies in the state where you can place bets, but those betting services are in violation of the states gambling laws and to engage in wagering with these bookies will definitely place you at risk. As far as federal laws go, there is the Professional and Amateur Sports Protection Act (PASPA), the Federal Wire Transfer Act and the Unlawful Internet Gambling Enforcement Act (UIGEA) that deal with gambling in the country, however these offshore sportsbooks that weve recommended for New York residents legally operate outside of US borders and hence outside of the jurisdiction of those laws, opening the door for New York residents to place bets online legally and safely.

Here were have provided a listing of the leading online sportsbooks that are legally sanctioned to provide betting services to sports fans around the world, including those in New York. They are each licensed and regulated,and offer a premium online betting expeience from start to finish. The list is pretty short. This is because we dont just include any brand that welcomes NY customers but rather only those New York friendly sportsbooks that are among the most reputable, trusted and high quality destinations in the business.

PASPA is one of the three relevant gambling laws, passed in 1992. The law deals with US based sports betting, which is a prohibited form of gambling in 46 stateswith only four states allowed to offer legalized, state licensed sports betting services. The four exempted regions are Montana, Delaware, Oregon and Nevada. This law only pertains to brick and mortar style sports betting, such as the sportsbooks in Las Vegas.

The Federal Wire Transfer Act deals with placing bets online and effectively prohibits US based online sports betting across the country. Amid controversy concerning the application of the law, the DOJ issued a Formal Opinion in 2011 that confirmed that the Federal Wire Act does indeed apply to US based online sportsbook gambling. They went on to clarify that the law does not pertain to any other type of US based online gambling, leaving the decision to offer online casino or poker gaming up to each individual state.

The UIGEA monitors financial institutions in regards to processing transactions related to gambling through regulatory oversight and restrictions. The law does not make it illegal for US residents to engage in legally licensed online sports gambling, and is not addressed towards the bettors in any capacity. The law places regulations on US banks, payment processors and gambling businesses. None of these federal laws makes it a crime for NY residents to enjoy online sports betting at offshore sportsbooks as long as those destinations are operating legally within the industry, hold legitimate licensing and are subject to regulatory oversight by an overseas governing jurisdiction.

The New York Yankees are arguably the most famous team in MLB history. The New York Mets are another MLB option for residents to bet on. Now whether you support one team or the other is a personal choice. In regards to the NFL, New York has two teams in the New York Giants and the New York Jets (both teams play out of a stadium in New Jersey). The New York Knicks and Brooklyn Nets play in the together in the NBAs Eastern Conference. New York hosts two teams in the NHL in the New York Rangers and the New York Islanders. All of these teams are fierce rivals against the other and are vying for the chance to call themselves the states best in their respective leagues.

New York Giants

New York Jets

New York Knicks

Brooklyn Nets

New York Yankees

New York Mets

New York Rangers

New York Islanders

Do All Sportsbooks Accept New York residents?

No, not all of the legally licensed sportsbooks welcome residents from New York. However, all of the sports betting sitesthat weve recommended enthusiastically accept New York residents. With the amount of sports teams New York has and the exciting rivalries that are present, it would be a shame if New York residents couldnt bet on their local teamsthese sportsbooks allow you to do just that. Keep in mind that you are not limited to betting on just NY sports teams. The betting lines at the brandswe feature here offer access to wagering on teams, games, matches and events all around the world.

Are Offshore Betting Sites Safe For NY Residents To Use?

Yes. The sportsbooks that weve recommended are legally licensed and operated. Although they are used worldwide, they do cater to American customers. By using secure servers and sophisticated data encryption, your personal and financial information is kept safe. Furthermore, you arent breaking any laws by participating in sports betting through these sites. PASPA, the Federal Wire Act and UIGEA dont pertain to these offshore destinations, so you can bet safely and legally without any worries about breaking the law.

Can I Use My Credit Or Debit Card To Deposit Funds Into My Sportsbook Account?

Yes, you can. Credit/debit cards are among the most popular options for depositing money into your sportsbook accounts. If youd like to choose another option, most sportsbooks offer other deposit methods like Bitcoin, wire transfers and more. Be sure to check with the Terms of Service for any other questions about deposits.

How Can I Withdraw My Winnings?

Checks through the mail are the most popular option for receiving your winnings. Unfortunately, your options for withdrawing money arent as open as they are for depositing money. For example, you may only be able to withdraw money via check, wire transfer or Bitcoin. The options vary from brand to brand, and you can see a list of available options in the sites banking suite.

Can I Have Accounts At Multiple Sportsbooks?

Yes, you can. There are no rules in regards to having accounts with multiple sportsbooks. In fact, its a good idea when considering bonuses they offer their customers. You can also gain access to more bets, shop for the most competitive odds and paylines, slect from a wider variety of wagering options and access more promotional offers by having accounts with multiple sites. As long as you keep track of any new bonuses coming out and the changing betting lines, you can make the most out of your multiple accounts.

What Are Sports Betting Bonuses?

Bonuses are promotions offered by the sportsbooks that weve recommended. They offer all types of bonuses from introductory and reload bonuses to seasonal promotions and more. These bonuses give the player what is essentially free money to bet with. For example, BetOnline offers a bonus where you get an extra 50% added to your online betting bankroll upon making your first deposit. If you have accounts with multiple sportsbooks then you have access to all the different bonuses available, giving you more betting power to leverage.

What About Paying Taxes on Winnings?

Gambling winnings are considered taxable income. Therefore, they should be reported to the IRS and you should pay the taxes on them accordingly. Failure to do so could lead to legal action taken against you. If you are fortunate enough to win big through sports betting, dont put it at risk because you dont want to pay taxes on your winnings.

Are There Any Sports Teams in New York That Have A Shot At Winning A National Title in 2017/2018?

The Giants would be the safer bet regarding NFL teams, as the Jets have been struggling more each season. The Giants even made the playoffs this year, so you can expect the Giants to make another push for postseason glory with the new season. Once the MLB season starts up, fans can begin placing bets on the Yankees and Mets. With a new season come new title contenders, so it may be a bit too soon to start making predictions. The Knicks and Nets are fortunate enough to play in the Eastern Conference of the NBA, however both teams are currently out of playoff contention and need to start winning some games if they want a shot at winning the title this year. The Rangers sit 4th right now while the Islanders are in last placeboth teams play in the same division. If the Rangers keep this up, theyll be the safer bet as the Islanders look set to miss out on the playoffs.

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Sports Gambling In New York - Legal NY Sports Betting