New York residents can place bets at retail sportsbook locations and NY online sportsbooks across the Empire State on the New York Rangers, who are in search of their first Stanley Cup since Mark Messier’s guarantee in the 1993-1994 season. Here is what you need to know about betting on the Rangers in New York.

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Where Can You Bet on the New York Rangers?

New York residents can place bets on the Rangers at retail sportsbooks and from their phones or computers through licensed online sportsbooks.

Those sportsbooks include BetMGM NY, BetRivers NY, and FanDuel NY. All of these sportsbooks take bets on the New York Rangers as well as the Stanley Cup. 

Best Online Sportsbooks for Betting on the NY Rangers

Online sportsbooks offer a lot of benefits for bettors. For starters, you can make bets straight from your phone or computer without waiting in a line as you do at retail sportsbooks. This is particularly helpful when it comes to live betting. Bettors can immediately place wagers on live betting lines without the worry of missing the opportunity because they had to wait in a line.

Online sportsbooks also offer plenty of promos when it comes to making deposits and placing bets. Other online sportsbooks will offer bonus bets as promos.

Some online sportsbook will offer special bets with boosted odds. Many of the popular brands will include boosts for the NHL. This does not always feature the Rangers, but there could be some local boosts available for New York residents. Odds boosts could feature an enhancement for a player scoring a goal or a point, a team to get over a certain amount of goals, or a parlay of teams to win outright.

Retail Sportsbooks for Betting on the NY Rangers

Retail sportsbooks also have many benefits such as immediate payouts. Once a game finishes, bettors can turn in their betslips if they cashed and get paid out on the spot. Online sportsbooks may take a few hours or even days to transfer funds.

Retail sportsbooks also offer a fantastic live betting experience. These sportsbooks will have a wall of TVs that broadcast all the important games going on. They also offer food and drinks as well as table games and slots throughout the casino.

For example, the Caesars Sportsbook at Yellow Brick Road Casino has a 32-foot wall with 30 LED TVs for bettors to watch all their games on. Bettors may not have multiple screens in their homes, so they might have to flip between channels to keep track of their bets. These retail sportsbooks show all the games that you could bet on. 

How New York Rangers Betting Odds Are Calculated

New York bettors have multiple options when wagering on the Rangers. The three most traditional options include the spread, moneyline, and total. In hockey, the spread is referred to as the puck line

Sportsbooks will set the lines by considering a variety of factors. One of those factors includes home-rink advantage. The home crowd can play a major factor inside a closed-off arena. The noise gets trapped inside the building and can play a pivotal in the deciding moments of the game.

Oddsmakers also look at the scoring averages for the teams. A game with two high-scoring teams could see the total set at 6 or 6.5. If a game features two low-scoring teams, then the total might land at 5.5.

Another factor in the betting lines comes from the powerplay units. A team with a lot of penalty minutes may have less favorable odds against a team that scores a lot on the powerplay. A game with highly-penalized teams may also lead to more scoring because of the 5-on-4 advantages.

New York Rangers Point Spread

The vast majority of NHL games will have a puck line of 1.5. That means that the favorite will have a line of -1.5 and the underdog will have a line of +1.5. The underdog will have lower betting odds because hockey tends to have low-scoring and tightly played games. The favorite will need to win by at least two goals for the bet to cash. 

For example, in a Rangers game against the Anaheim Ducks, sportsbooks listed New York as the +1.5 underdogs with -275 odds and Anaheim as the -1.5 favorites with +220. If you placed a bet on the Rangers at +1.5, you would need the Rangers to win the game or lose by one goal for the bet to cash.

A $100 bet on the Rangers puck line at -275 would net bettors a $36 profit. Many bettors will not make wagers on the underdog puck line. They might add it to a parlay but will not bet it straight up because of the low odds. However, long-term bettors understand that increasing odds with a parlay often leads to more losses.

If you bet on the Ducks puck line at -1.5, you would need Anaheim to win by at least two goals. A $100 bet on the Ducks at +220 puck line odds would net a return of $220. Betting the puck line favorite offers much better value, but winning by at least two goals is not an easy task in the NHL.

There’s also the issue of teams pulling their goalie for a last-ditch effort to win a contest. In many cases, teams that have an empty net will allow an additional goal for the eventual winners, which makes +1.5 puck line bets lose. Of course, there are a number of contests that end up going into overtime, which will nullify those placing -1.5 bets at the puck line.

New York Rangers Moneyline Odds

When betting the moneyline, bettors need the team they placed the wager on to win outright. They can win in regulation, overtime, or in a shootout, and they can win by any amount.

For example, the Rangers entered a Jan. 6, 2022 game against the Golden Knights as the +145 underdogs. A $100 bet at +145 would return a profit of $145.

New York lost that game, which means that the bet did not cash. Bettors who placed wagers on the Vegas moneyline won their bets. Sportsbooks listed Vegas as -180 favorites, so a $100 bet returned a profit of $55. A Golden Knights moneyline win returned less money than a Rangers moneyline bet would have as sportsbooks expected Vegas to win the game.

New York Rangers Prop Bets and Futures Bets

New York bettors can place wagers on Rangers single-game and end-of-season prop bets, as well as futures bets.

Sportsbooks offer odds for goals, assists, points, shots on goal, goaltender saves, and more. Given the nature of hockey, odds on most markets are limited to the more consistent performers. That’s different when it comes to goals, where almost all players have odds by their name.

More niche markets, such as multiple goals or points, can be selected depending on the sportsbook. The highest odds will be found in markets for the first goals scored. Not only is it tough to pick a player to score a goal in any given game, but it’s even more difficult to determine who scores first. If bettors are lucky, they may score some big payouts here.

Futures bets are another popular way to bet on NHL teams like the Rangers. One of the most popular futures bets is on which team will win the Stanley Cup. Bettors can also bet on division and conference winners. Individual futures bets are also available. For example, bettors can wager on who will win the Hart Trophy, which is awarded to the NHL MVP each season.

How To Bet on the Rangers in New York

New York bettors can make wagers on the Rangers through FanDuel, DraftKings, Caesars, BetRivers, and other online sportsbook apps. Users can get started by going to the iOS or Android app store and searching for the app.

For example, bettors can search for BetRivers NY and download the app. Once downloaded, users can open the app and click the yellow “Join Now” button on the top right of the screen. Once there, you will need to enter your information to register for an account.

Next, bettors can make a deposit through various options such as credit/debit card, PayPal, and online banking accounts. With funds in the account, bettors can click on the menu search bar on the left side of the screen.

At that point, you will enter “NY Rangers” into the search bar and click the option that comes up. That will take you to a screen that shows all the options you have to bet on the Rangers. Those include upcoming games as well as futures bets.

You can then choose the bet you want and click on the “Betslip” icon on the bottom right of the screen. Finally, you enter how much you want to wager and then place the bet.

Live Betting on the Rangers in New York

Live betting is when you bet on a game while it is in progress. Whenever a game gets underway, the lines will start to shift as the game goes on. If a team jumps out to a three-goal lead, then the puck line might shift from -1.5 to -3.5 for the leading team. The total will also increase or decrease depending on how many goals are scored during the game.

Live betting props will also pop up. You can bet on which team will score the next goal or whether another goal will be scored. You can also bet on how many goals will be scored within a certain timeframe. DraftKings has one of the best selections of live prop bets, but many sportsbooks have this option available. 

New York Rangers Partnerships

The Rangers have multiple sportsbook partnerships. Those include Caesars Sportsbook and BetMGM. Both sportsbooks are featured prominently on the Rangers’ social media pages. 

BetMGM also has featured posts on the Rangers’ social media pages. Before every game, the Rangers Twitter account posts a poll that is presented by BetMGM.

Both sportsbooks have signage inside Madison Square Garden for Rangers games.

New York Rangers Arena

The Rangers play their home games in Madison Square Garden. MSG is located at 4 Pennsylvania Plaza, New York, NY, 10001. The Garden seats 18,006 people for a hockey game. Currently, MSG does not have a sportsbook inside the arena.

History of the New York Rangers

The New York Rangers are one of the NHL’s “Original Six” teams. Most of the team’s success came in the early years of the franchise. Three (1928, 1933, 1940) of their four Stanley Cup victories came within 15 years of being in the league. Their most recent and memorable Stanley Cup victory was in 1994.

Championship success has not come easily for the Rangers. During the 1960s, ’70s, and ’80s, the Stanley Cup remained elusive. The lone bright spots were two Stanley Cup Finals appearances in the 1970s. Meanwhile, they watched their crosstown rivals, the New York Islanders, create a Stanley Cup dynasty in the early 1980s with four straight championships from 1980 to 1983.

Even without the same number of Stanley Cups as the other five original teams, the Rangers have been an integral part of the NHL. The franchise has produced some of the most exciting games in the NHL as well as some of its best players. Legends like Phil Esposito, Gilles Villemure, and Rod Gilbert all wore the sweater of the Rangers. In the modern game, stars like Brian Leech, Mark Messier, and Mike Richter entertained diehard Rangers fans at Madison Square Garden.

New York Rangers Timeline

  • 1926: Rangers are one of the founding teams of the NHL
  • 1928, 1933, 1940: Stanley Cup victories
  • 1968: Rangers move into Madison Square Garden
  • 1994: New York Rangers win the Stanley Cup against the Canucks

New York Rangers at Madison Square Garden

The New York Rangers and Madison Square Garden go hand in hand.

The “World’s Most Famous Arena” has been the home ice for the Rangers since its opening in 1968. The arena has played host to numerous memorable events but none are more special to Rangers fans than what happened on June 14, 1994. The 40-year Stanley Cup drought ended when the Rangers beat the Vancouver Canucks in the decisive Game Seven to claim victory on home ice. 

New York Rangers and Their Rivalries

History and geography factor into the numerous rivalries for the Rangers. As one of three NHL teams in the New York City area, the Rangers, Islanders, and New Jersey Devils compete bitterly for NY/NJ hockey supremacy. 

As one of the other “Original Six” NHL teams, the Boston Bruins continue to be a main rival for the Rangers. This rivalry is just one of many sports rivalries between teams from New York and Boston. Despite this bitter rivalry, the Rangers and Bruins made a trade in 1975 to bring future Rangers legend Phil Esposito to the Garden. 

With no love lost between New York and Philadelphia teams, the rivalry between the Rangers and Flyers is one of the best in sports. 

New York Rangers Odds FAQs

Is DraftKings legal in New York?

Yes, the DraftKings Sportsbook has a license from the New York State Gaming Commission. New Yorkers can place bets conveniently online with the DraftKings Sportsbook app or access the website on their computer.

Is FanDuel legal in New York?

Yes, FanDuel is one of the nine online sportsbooks that obtained a license from the New York State Gaming Commission, and it’s one of eight currently live. It is available via desktop website or mobile device app.

What is the closest sportsbook to the Rangers arena?

New York City and Manhattan do not have any retail sportsbooks. The closest sportsbook to Madison Square Garden happens to be in New Jersey. The FanDuel Sportsbook at Meadowlands Racing is roughly nine miles away from the Garden.

How popular is betting on the Rangers?

Betting on the Rangers is not on the scale of football or basketball, but it is popular in a hockey sense. While the sport may not be as popular, sportsbooks do list plenty of betting options for Rangers games and the NHL overall.

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

Yes, you can bet on the Rangers from any of the nine licensed New York online sportsbooks (eight are currently live) or through a retail casino.

Do the Rangers have any partnerships with a sportsbook?

Yes, the Rangers are partnered with BetMGM and Caesars Sportsbook. They share the same sportsbook partnerships with Madison Square Garden and the New York Knicks. 

About the Author

Chris Wilson

Chris Wilson is a freelance writer for NY Sports Day. Chris resides in Massachusetts and writes about the sports betting industry as well as sports like football and baseball.

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