The Most Profitable Sport Betting Apps in New York
Sports betting apps were approved in New York in April last year. Several months later, state regulators ushered in the market with nine apps. Online sports betting in the Empire State is legal if you choose a licensed platform.
This is important as your funds aren’t safe with an unlicensed and unregulated provider. In addition, many NY sportsbooks have mobile apps compatible with iOS and Android devices, letting you place bets on the go.
You have your pick of NY betting apps as you are physically located in the state and are over 21. However, this article introduces the cream of the crop.
BetRivers is Rivers Casino’s sportsbook app, owned by Rush Street. The app lets you add I parlay legs from the same game, which is not typical. Parlay options depth is among the top features of the sportsbook. Compared to other apps, it’s pretty impressive.
BetMGM New York offers an appealing welcome bonus, many current promotions, excellent customer service, and a deeply satisfying user experience. It entered the market six months ago at the time of writing. BetMGM is a joint venture between MGM Resorts and UK-based operator Entain.
BetMGM has found success almost all over the world. It is also among the market leaders in the US.
This operator probably doesn’t need an introduction for anyone familiar with upstate New York. It has physical locations in the Point Place, Yellow Brick Road, and Turning Stone casinos. The operator offers many perks, such as an extensive rewards program, a free monthly bet, and an additional bet that you can make in your birthday month.
DraftKings New York is best known for its so-called carousel of wagers. This is a revolving display of a bet series the operator finds most relevant depending on the user’s preferences and betting history.
This brand was well-known in the Empire State even before opening its branded sportsbook in Tioga Downs. They let people take part in daily fantasy sports all over the state. Now that it’s gone live online, New Yorkers don’t have to drive down to its physical venue anymore.
The Biggest Market in the Country
New York is the fourth most populous state and the largest one to legalize sports betting. Platforms are at a disadvantage due to the gambling tax of 51%, hefty by anyone’s standards. In New Jersey, sportsbooks pay only 13%. According to insiders, the Empire State isn’t likely to replace the Garden State as the main source of gaming revenue in the US in the next three years.
More and more residents of New York are taking to online gambling since online sports betting was launched. New York’s online sports wagering market can prospectively become one of the most prominent in the US, if not the most prominent.
At the end of 2021, the New York State Gaming Commission accepted bids from conglomerates of allied sportsbooks to introduce online sports betting apps. Thereafter, nine brands were issued conditional online sports betting licenses.