Frequently Asked Questions About Sports Betting in New York
1. Is sports betting legal in NY?
Yes, sports betting is legal in New York. It was officially legalized in 2013, and regulated sports wagering began in 2019.
2. Where can I place a sports bet in New York?
You can place sports bets at various licensed casinos in New York, as well as through online sports betting apps that are authorized in the state.
3. Can I bet on sports online in NY?
Yes, online sports betting is legal in NY. You can use several licensed mobile sports betting platforms to place your bets conveniently.
4. What types of sports bets are legal in NY?
In New York, you can wager on a variety of sports, including professional and college sports, but betting on in-state college teams is prohibited.
5. Is there a minimum age to place a sports bet in NY?
Yes, the minimum age to place a sports bet in New York is 21 years old.
6. What is the tax rate on sports betting winnings in NY?
The tax rate on sports betting winnings in New York is 8.82% for state income tax, plus any applicable federal taxes.
7. Can I bet on sports during NY's college sports events?
No, while you can bet on many sports, betting on college events involving in-state teams is illegal in NY.
8. How do I know if a sports betting site is legal in NY?
To ensure a sports betting site is legal in NY, check for licensing information on the site, and ensure it has been authorized by the New York State Gaming Commission.
9. Are promotional offers available for sports betting in NY?
Yes, many online sportsbooks in NY offer promotional bonuses to new customers, including risk-free bets and deposit matches.
10. What should I do if I think I have a gambling problem?
If you believe you have a gambling problem, it's important to seek help. New York offers resources such as the New York Council on Problem Gambling for support and guidance.