New York Olympic Betting Sites
New York Olympic betting sites give residents of the Empire State the opportunity bet on their favorite athletes from all over the world. Just as the games alternate every two years, so do online sportsbooks with their variety of Olympic betting odds. When you are rooting for team USA to win the most gold medals or are waiting to see if a nation will top their medal count from the previous Games, why not make some cash while doing so? The Olympic betting sites for New York residents let you do just that, all while remaining in the comfort of your home.
Whether this is your first time betting on the Olympic Games or you are just looking for the best New York Olympic sportsbooks ahead of the sporting event, we can help. Learn more about how to legally bet on the Games and how to get started at legal New York Olympic betting sites.
When you use legitimate sports betting sites, it is completely legal to bet on the Olympics in New York. There are no federal sports betting laws that prohibit the use of New York Olympic betting sites. The main federal sports betting law is the Professional and Amateur Sports Protection Act of 1992 (PASPA) which makes it illegal to operate land-based sportsbooks in the U.S. The only states exempt from the law are NV, OR, DE, and MT.
The Wire Act of 1961 is another sports betting law, but it only makes it unlawful for gambling businesses to transmit sports wagering information via wire communications. The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is a misleading law that makes many bettors believe that internet wagering is illegal, however, it is essentially a banking law that U.S. banks must follow.
As long as you are using offshore sites to bet on the Olympic Games, you are not breaking these laws that a geared toward businesses and operators.
If there’s one even slightly difficult aspect to legal NCAA betting in New York, it’s picking the right sportsbook. Since there are literally hundreds of such Internet betting shops out there, new bettors might feel a little bit intimidated by all that selection. Well, don’t. Yes, there may be oodles of online sportsbooks to choose from when it comes to NY sports betting, but they are definitely not all created equal. Indeed, there are only a handful of truly exceptional Internet sportsbooks out there, and the rest of them aren’t really worth your time, money, or consideration. New Yorkers expect the best, after all.
To that end, SportsBetting, BetOnline, and 5Dimes are hands-down the best choices available for legal NCAA betting in New York. They’re each veterans in the online sports betting industry, they’ve each got solid records for outstanding customer service, and they each offer multiple betting and payout options for their clientele.
Even better, you can sign up at as many New York sportsbooks as you please, thereby maximizing your profit potential by shopping around before each contest. Since these books compete with one another, you’ll get an immediate edge if you’re able to bet at more than one. Each book will have similar – but slightly different – odds on a given matchup, meaning that legal NCAA betting in New York will always work in your favor, no matter which NY team is playing.
BetOnline is one of the top New York Olympic betting sites when the Games begin. In fact, BetOnline Sportsbook posts Olympic betting odds well before most of the competition. During the Winter Games, you can bet on ice hockey or figure skating, while sports like basketball and swimming will be options during the Summer Games. The sportsbook has plenty of Olympic props and futures to choose from.
The promotions page is one of the first places you should visit at BetOnline. The site currently has a 100% Bitcoin Bonus that will match your first deposit by 100% for up to $1,000. Just use code BTC2017 when you make your deposit to redeem.
Can I Join Multiple New York Olympic Betting Sites?
You can join multiple New York Olympic betting sites, and most bettors do. This is because the sites are completely free to join and it also becomes beneficial for line shopping. Even when betting on the Olympics, you should want to get the best value.
How Old Do I Need To Be To Bet On The Olympics?
The legal betting age at New York Olympic betting sites is 21 years old. Once you are at least 21, you can sign up at any legal Olympic betting site that is accepting residents of NY.
How Do I Make An Online Sportsbook Withdrawal?
Withdrawals at New York Olympic betting sites are even easier than funding your account. You can visit the online cashier and select from options like bitcoin, checks, bank wires, or MoneyGram. For the fastest sportsbook payouts, bitcoin is the best bet. You can request anywhere from $20 to $25,000 depending on the sportsbook and there are never any fees.