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How to open a sportsbook account living in New York

If you’re a sports betting enthusiast, you’ll be delighted to know that New York has become the 18th state to make online sports betting legal! 

It’s an exciting next step in the sports betting world, especially if you’re new to online betting in general. So what does it take for a New York resident to open a sportsbook account successfully?

nyc residential skyline opening sportsbook accounts

Opening a sportsbook account is pretty straightforward for new and experienced bettors. So, if you’ve lived in another US state or another region that allows sports betting online, you may be familiar with these generalised steps.

Create an account with a reliable operator

It’s important to choose a sports bookmaker you can trust. As the legalization is reasonably new, some reputable operators are still finalizing details to make sure their site is fully functional for New York resident bettors. Some popular sites are still preparing, so BetMGM New York is not yet ready for customers, for example. Still, the operational ones include FanDuel, DraftKings, Caesars and BetRivers. All these sites are good options as they ensure their customers are using fully licensed and regulated services.

Set up your sportsbook account by creating an account name and password, and give your email address. Some sites will also ask for an optional promo code if you have one. You can then verify your details, usually through an email link, and enter your personal information. The legal age to bet as a New Yorker and the US is 21, so the operator will confirm who you say you are with the information you provide.

You can then confirm what location you’re betting from, as not all states allow online sports betting. You won’t be able to travel to a different region and bet if you’ve registered in New York.

Once all the details are filled in and confirmed, you can input your payment method details for depositing and withdrawing funds. Depending on which bookmaker you choose will determine the minimum transaction amounts. For example, DraftKings NY has a minimum deposit of $5 for each payment method, including debit or credit card, bank transfer and PayPal. Once finalized, your account should be set up and ready to wager!

Online sports betting comes with risks in NYC

Like any other US states that legalized online sports betting, there are always risks associated with opening and using these accounts. If you’re new to sports betting in New York and have done little to no research, you may be given offers that are too good to be true by unreliable operators. Some sites may have rushed through protocols to entice new customers to join before upcoming sports events, like the Super Bowl on February 13th, which could be an unwise decision.

However, it’s worth looking at different sports operators and finding out which reputable sportsbooks are opening in New York and when it is likely to happen. Rather than using a site with obvious signs that they aren’t as trustworthy as they claim to be.

All in all, it’s an exciting time for New York bettors and sports fans, so make the most of it! But don’t forget to make sure you choose your bookmaker carefully when deciding to open an online sportsbook account.

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