New Yorkers can now tackle game wagers and futures bets on the New York Knicks.

The Knicks didn’t make the postseason after a forgettable month of February. It essentially kicked them out of realistic playoff contention despite some of the transactions they made. Now, fans look to the 2022-23 season. Get info on how to find the best Knicks odds and how to find the best sports betting apps to place your bet.

Top Sportsbooks for Futures Bets on the NY Knicks

The Knicks have not won an NBA title since 1973, and they are a long shot to win it all in 2023. New York is found in the five-figure odds mark to win the NBA Finals next season. Futures odds are fluid, and they can shift drastically over the course of the upcoming 82-game NBA season.

Here are the top online sportsbooks that have odds for the Knicks to win the Eastern Conference and the NBA Finals.

SportsbookKnicks to Win Eastern ConferenceKnicks to Win NBA Finals
Caesars NY
FanDuel NY
PointsBet NY

Latest NY Knicks News

NY Knicks 2021-22 Season Overview

  • Oct. 21, 2021: The New York Knicks come roaring out of the starting gate with a 138-134 double OT win in their season opener at home against the Boston Celtics. NY covered as a 2.5-point favorite at Madison Square Garden.
  • Oct. 30, 2021: The Knicks defeat the Pelicans 123-117 at New Orleans to cap the first month of the season with a 5-1 record. 
  • Nov. 30, 2021: The Knicks lose to the Brooklyn Nets, 112-110. The Knicks covered as 6.5-point road underdogs. NY carried an 11-10 overall record into December.
  • Dec. 22, 2021: Point guard Derrick Rose had surgery on his right ankle and is expected to miss up to two months.
  • Jan. 13, 2022: Kevin Knox and a future first-round pick were traded to the Atlanta Hawks for Solomon Hill, Cam Reddish, a 2025 second-round pick, and cash considerations.
  • Feb. 27, 2022: The Knicks close out the month of February with a 1-9 record. They lost all five home games and only won one road game at Golden State.
  • March 6, 2022: The Knicks end a seven-game losing skid to the LA Clippers on the road. They are out of realistic contention for a playoff spot with a 25-38 record.
  • March 30, 2022: Despite a loss to Charlotte, New York finished with a 9-7 record for the month of March. A vast improvement from a month ago, but the Knicks still sit at 34-43 on the season.
  • March 31, 2022: With Atlanta defeating Cleveland, the result officially eliminates the Knicks from playoff contention.

How NY Knicks Betting Odds Are Calculated 

Oddsmakers at sportsbooks calculate the odds for each NY Knicks game. They set an opening line that involves the spread, moneyline, and total. We’ll use a real-world example from the Dec. 7, 2021, game at San Antonio. Odds are courtesy of DraftKings.  

TeamSpreadTotalMoneyline
Knicks+1 (-110)O 211 (-105)-105
Spurs-1 (-110)U 211 (-115)-115
 

This represented a tight line for a game that was expected to be fairly even. The Knicks were a slight underdog. NY was only getting +1 on the spread. A $110 bet on the Knicks to win +1 point would bring back $100. You’d be better off betting the Knicks on the moneyline (no points involved) as you’d only bet $105 to win $100.

The total represents the combined number of points scored by both teams. It’s juiced to the Under at -115, which means the oddsmakers at DraftKings think this is the more likely outcome. In actuality, their real aim is to open with a line that attracts even money on both sides of the bet.

In this case, you’d be enticed to bet only $105 to win $100 on the Under. Oddsmakers always try to balance both sides of the ledger to avoid liability for the sportsbook on any bet.

How Did This Game Turn Out, and What Bets Paid Off?

The Knicks won this game handily, 121-109, and covered the spread and moneyline bets. A $105 moneyline bet on New York returned $100. Bettors on the Over cashed their $115 bet to win $100 as a combined 230 points were scored to easily eclipse the posted total of 211.

Connect a parlay together and compare it with the best New York online sports betting apps here

Futures Odds on the New York Knicks

We discussed an example of futures odds earlier when talking about the odds on the Knicks to win the NBA title. As a sports bettor, you can also bet on NY to win the Atlantic Division and Eastern Conference. These bets are known as futures because the outcome revolves around an event, you guessed it, that takes place in the future. 

Prop Bets on the New York Knicks 

Prop bets are available for the Knicks and individual players. Julius Randle is one of the most productive offensive players for the Knicks. FanDuel offered the following player props for Randle against the San Antonio Spurs on Dec. 7, 2021.

Julius Randle Player Props

  • Points: 21.5 (Over -118/Under -104)
  • Rebounds: 9.5 (Over +108/Under -132)
  • Assists: 5.5 (Over -118/Under -104) 

To summarize, Randle would have to score at least 22 points, grab at least 10 rebounds, and dish out at least six assists to cover the Over on all three of his player prop bets against the Spurs. 

Randle had a bit of an off night in New York’s 121-109 victory over San Antonio. He ended up with 15 points, seven rebounds, and seven assists. The only prop bet on the Over that cashed was on his total assists, which rewarded bettors with a $100 payout on a $118 bet.  

Team prop bets include total points scored in the first quarter, first half, and more. You can also bet the NY Knicks to be the first team to score a certain number of points against their opponent.

How To Bet on the Knicks in New York

The easiest way to do this is to download a sports betting app, such as DraftKings Sportsbook, which is available in both iOS and Android versions. If you own an iPhone, you’ll need the iOS version. Take a look at our DraftKings Sportsbook review and take advantage of the welcome promo if the platform is right for you.

We mention “DraftKings Sportsbook” specifically because the company also has a daily fantasy sports app, and that’s not the one you want to bet on the New York Knicks. This also holds true with FanDuel and their “FanDuel Sportsbook” app. Other sportsbooks, like BetMGM, don’t frequently have that designation in their name.

Once you’ve downloaded the correct app, you’ll need to complete the registration process. You’ll be asked to supply some personal information such as your age, email address, mailing address, and the last four digits of your Social Security number. This is a reminder to select your preferred sign-up bonus before registering your account. You can do this by using the available codes or links here.

The next step in the process is funding your new account. DraftKings has several options including credit and debit cards (Visa, MasterCard, Discover, or American Express gift cards), PayPal, and direct funding from your online bank account. 

Once you’ve funded the account, navigate to the NBA betting odds page, find the New York game, and you’re ready to place your first bet on the Knicks.

Live Betting on the Knicks in New York 

Live betting, also known as in-game wagering, is available on the Knicks in New York. These live bets are placed when the game is in progress.     

Oddsmakers update the odds on a real-time basis and live betting markets include the spread, moneyline, total, and more. These live betting odds can shift dramatically over the course of a game.

It’s best to place in-game bets with major sportsbooks including DraftKings, FanDuel, and PointsBet. These books offer the most betting options and competitive in-game betting odds.  

Do the New York Knicks Have a Sportsbook Partnership?

On Nov. 18, 2021, MSG announced a multi-year deal with Caesars Sportsbook that made Caesars the official sports betting partner of the New York Knicks. The Knicks franchise also has deals in place with DraftKings and BetMGM. DraftKings is also listed as a daily fantasy sports partner.

New York Knicks Odds FAQs

How are Vegas betting odds on the Knicks calculated?

Sportsbook oddsmakers create the Vegas betting odds on the New York Knicks. They post an opening line for each game that includes the spread, moneyline, and total. These lines are calculated with the intent of attracting even money on both sides of any bet. This ensures that the sportsbook does not take on liability for the game in question.   

Do New York’s legal sportsbooks offer bets on the Knicks?

Yes. Major sportsbooks such as FanDuel, DraftKings, BetMGM, and Caesars all accept bets on the New York Knicks. You can wager on individual games, of course, but there are several other betting options. Futures bets can be placed on the Knicks to win the Atlantic Division, Eastern Conference, and NBA title. Prop bets are also available on the Knicks as a team or on individual players.   

How popular is betting on the Knicks in New York?

Very. The Knicks have a rabid fan base across the NY metropolitan area, and they see significant interest at the proverbial betting window. The volume of bets on the Knicks can increase when they play Atlantic Division rivals. These teams include the Brooklyn Nets, Boston Celtics, and Philadelphia 76ers. 

Do the Knicks have a partnership with a sportsbook?

Yes. Caesars Sportsbook is the official sports betting partner of the New York Knicks. The multi-year deal was announced on Nov. 18, 2021.

Who offers the best odds on the Knicks in New York?

This depends on the game or bet in question. It pays to shop around at multiple sportsbooks to ensure you find the best odds available. We recommend DraftKings, FanDuel, and PointsBet for betting on the New York Knicks.

Where can I bet on the NBA Finals in New York?

You can bet on the NBA Finals at DraftKings, FanDuel, PointsBet, BetMGM, Caesars Sportsbook, BetRivers, and more. The sports betting apps for these blue-chip sportsbook brands will provide the easiest option for betting on the NBA Finals. The New York Knicks haven’t won an NBA title since 1973.

About the Author

Kris Johnson

With more than 15 years of experience as a sports journalist, Kris Johnson’s work has appeared in Sports Business Daily, Sports Business Journal, NASCAR Illustrated, and more. Kris also wrote a sports-betting novel entitled, The Endgame.

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