You can legally bet on the New York Yankees by using a New York online sports betting app or visiting a retail sportsbook. Obviously, the most convenient method is signing up to an online sportsbook and placing wagers in minutes.
For retail options, there are multiple locations to consider, either Upstate or in neighboring states around the New York City area.
Best Sports Betting Apps To Bet on the NY Yankees
You can download, register, and deposit at sports betting apps in New York. Here are some of our favorite apps to consider using:
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Betting on the New York Yankees: Your How-To Guide
Sign Up With an Online Sportsbook
Obviously, the easiest way to bet for much of the population in New York City is conveniently online. It’s easy to research and download apps that have the right options. Take advantage of New York sign-up promos and start betting on the Yankees today.
In total, nine online sports betting options are now available. All of them have their pros and cons, although those with the highest market share tend to have fewer technical glitches, more betting options, and better design schemes. Of course, picking the right sports betting apps can be a matter of preference as well.
Best Way To Bet in New York City
The closest in-state retail sportsbook to NYC is Resorts World Catskills (Resorts World New York City does not have a sportsbook). That makes it more convenient to head to Hoboken and place a bet at the PATH train station. You can also head to a sports bar, of which Hoboken has plenty. New Jersey law only stipulates that you be at least 21 years old and physically located in the state to place sports bets.
If you’d prefer to bet in-person but don’t want to make the drive to the Catskills, you can also hop over to the Meadowlands, where the FanDuel Sportsbook is the closest retail sportsbook to New York City. It also shares a parking lot with MetLife Stadium, home of the New York Giants.
Upstate New York Sports Betting
Upstate New York has all the retail sportsbooks in the state. That includes the four commercial casinos and many tribal casinos from Catskills to the Canadian border, and from Albany to Buffalo.
How Do MLB Odds Work at New York Sportsbooks?
US sportsbooks normally showcase their odds using the American system of plus (+) and minus (-). However, you can change it to fractional or decimal odds if you’re using a New Jersey or Pennsylvania sportsbook app.
But for sports bettors in New York State, you’ll likely need to learn the American system.
The plus (+) number indicates how much you’ll win if you bet $100. The minus (-) number indicates how much you need to bet to win $100.
The team with the higher number is the underdog. Typically, there will be an underdog team with a plus (+) number and a favorite with the minus (-) number, but that’s not always the case. For example, all futures bets are plus numbers, and in some cases, two teams will have minus (-) numbers.
For example, let’s say it’s the Yankees versus the Red Sox and these are the odds:
Yankees (-200)
Red Sox (+175)
If you bet $200 on the Yankees and they win, you’d win $100. If you bet $100 on the Red Sox and they win, you’d win $175.
What Affects MLB Odds?
A variety of factors affect the MLB odds, and bookmakers are constantly adjusting the odds leading up to the first pitch. These factors include:
- How sports bettors are betting
- How the teams have matched up in the past
- How the team plays at home versus away
- Injuries, suspensions, and trades
- Team’s current form
- Batting order
- Probable pitchers
Most Popular Bets Placed on the Yankees
Moneyline Bets
Also known as a straight bet, a moneyline bet is the most straightforward because the number of runs doesn’t matter. You’re betting that the Yankees will win or lose, and there’s nothing more to it than that.
Betting the Run Line
The run line is to the MLB what the point spread is to most other sports.
Rather than simply betting on who wins, the favorite team needs to win by a minimum number of runs for the bet to pay out. And the underdog needs to either win or lose within the run line.
Let’s use the Yankees vs. the Red Sox again as an example:
Yankees -1.5 (+135)
Red Sox +1.5 (-162)
Based on the above, the Yankees would need to win by at least two runs to beat the run line, and the Red Sox would only need to lose by one run or fewer for the bet to pay out.
Because the Yankees are often the favorite, the run line is a great odds booster versus the moneyline, especially when they’re playing Boston.
Over/Under
An Over/Under (commonly shortened to O/U) is guessing whether the combined total runs from both teams will be over or under what the sportsbook listed.
MLB Parlays, Teasers, and Pleasers
A parlay is where you bet on multiple games, and all need to be correct for you to receive the payout. A teaser is where you can adjust the odds on a parlay, and a pleaser is when you’ll still get a payout, even if one of your bets is wrong. Parlay bets can pay out big, but they are hard to bet.
Betting on the World Series: New Yorkers’ Best Bets
Most New York sports bettors will want in on the action surrounding the World Series regardless if the Yankees are in it.
Choose Your Method
You can easily place wagers online or head to a retail sportsbook in New York State. Most options are available from the convenience of a desktop or mobile device.
Choose Your Sportsbook
The two major ways that sportsbooks set themselves apart are the promos and the odds. This is especially true around the World Series.
Thankfully, you can see the odds before you join the sportsbook, so feel free to compare and contrast based on who’s offering the best win potential on your preferred bet. Check out our odds page to get quick comparisons of odds for top sporting events. A special bonus offer wouldn’t hurt either.
For example, if you’re going to bet on the Boston Red Sox and one sportsbook has them listed at +200 while another has them at +150, you’ll want to go with the +200 odds to get the highest payout.
Pick Your Bet
Learn more about various types of bets earlier on this page. Throughout the regular season, playoffs, and World Series, you’ll have tons of bets at your disposal.
In fact, you can bet on the next World Series winner almost any time of year, whether it’s Spring Training or during the National or American League Championship Series.
How MLB Futures Work
Betting MLB futures is betting on a result that will happen in the future that goes beyond simply winning or losing a single game. Examples for MLB futures include who will win the World Series, the American League, and the National League. The above boxes show the current best odds for teams to win the AL East and top players to win the AL Cy Young.
All sportsbooks in New York (along with neighboring states like New Jersey, Pennsylvania, and Connecticut) will list the World Series and League Championship futures months in advance.
Prop Betting on the Yankees
A prop bet is betting on a specific circumstance. It can be something that happens in an individual game, a series, or a full season. The boxes above show the best odds for Yankees team props and Anthony Rizzo for the next game. If those odds aren’t available, futures for the season will be showcased.
Individual game prop bets include things like whether there will be extra innings, how many home runs a player will have, and the number of strikeouts by a specific pitcher.
You can also bet on series-long prop bets similar to futures. Things like most home runs, Cy Young winner, World Series MVP, and Rookie of the Year are all popular prop bets you can place all season long.
History of the New York Yankees
Without question, the New York Yankees are the most successful sports franchise in the US and possibly the world.
No other sports team can come close to what the Yankees have achieved in their 107-year history. The Yankees have called the Borough of the Bronx home since moving from Baltimore in 1903. The team was originally called the New York Highlanders, officially changing their name to Yankees in 1913.
NY Yankees Facts:
- The New York Highlanders became the New York Yankees in 1913
- The Yankees have won 27 World Series titles
- The Yankees have sent 44 players to the Hall of Fame
- The team is the second-most valued sports franchise in the world, valued at approximately $5 billion
- Moved into the new Yankee Stadium in 2009
Yankee Stadium
Over the years, the Yankees have called three stadiums home: the Polo Grounds, the original Yankee Stadium, also known as, “the House That Ruth Built,” and their current home, the new Yankee Stadium, which opened in 2009.
The original Yankee Stadium played host to many iconic moments in baseball history. It was there that the 1927 Yankees, famously known as “Murderers’ Row,” featured baseball legends Babe Ruth and Lou Gehrig in the same lineup. That team went on to win 110 games and is considered by many the greatest baseball team in MLB history.
Yankees Rivalries
Since 1962, the Yankees have shared the New York spotlight with their cross-town rivals, the New York Mets. With the introduction of inter-league play in 1997, Yankees and Mets fans could finally witness the Battle of the Big Apple.
The rivalry reached its apex in the 2000 World Series. All eyes were on New York as the two teams met in the aptly named “Subway Series.” The Yankees took the series 4-1, claiming their then 26th title.
While the Mets are their cross-town rival, there’s no bigger rival for the Yankees than the Boston Red Sox. Dating back to their move to New York in 1903, the Yankees and Red Sox have been the Hatfields and McCoys of sports.
Even with a commanding 27 titles to the Red Sox’s nine, there’s no love lost between these two historic teams. From bench-clearing brawls, game-winning home runs, and the “Curse of the Bambino,” this rivalry has seen it all.
Betting on the Yankees in New York State FAQs
Yes. As long as you’re betting at a legally licensed sportsbook, it is legal to bet on the Yankees in New York State both online and at retail locations. The only non-amateur in-state teams you cannot bet on in New York are college teams, such as Syracuse Orange or Buffalo Bulls.
Yes. The New York Yankees are the most popular sports team in the state, making them an extremely popular team to bet on. However, the most popular professional league to bet on in the US is the NFL, making the Giants, Jets, and Bills potentially more popular teams for New York sports betting than the Yankees.
The FanDuel Sportsbook located at the Meadowlands is the closest retail sportsbook to Yankee Stadium. DraftKings also announced a partnership with the NY Giants and will open a retail sportsbook at MetLife Stadium at the Meadowlands.
If you’re over 21 and physically located in the state of New Jersey, you can bet on the Yankees using an online sportsbook. The state has several to choose from, including DraftKings, FanDuel, and BetRivers, all of which you can join from New York before heading to New Jersey to bet.
Manhattan does not have a legal retail sportsbook. There is no retail sportsbook anywhere in New York City. For now, bettors in this area will have to place wagers online or travel a longer distance to place bets at retail locations. Establishments in the Greater NYC Area are currently in development.
Because there are no Downstate sportsbooks, the best place to bet on the World Series in New York is Upstate. Particular hotspots for sports betting include Syracuse, Albany, and Buffalo. As always, betting on the sportsbook’s desktop website or mobile app is always an option. For the best odds on the World Series, you can compare and contrast the online sportsbook odds from your mobile device.
Yes, the DraftKings Sportsbook app is legal in New York State. Check out our review for the DraftKings Sportsbook platform here. There is a retail DraftKings Sportsbook at del Lago Resort and Casino in Waterloo, which is located in Central New York. The DraftKings daily fantasy sports platform is legal in New York.
Yes, FanDuel Sportsbook is available in New York. It’s the most-used mobile sportsbook in the Empire State. Here’s a detailed review of FanDuel Sportsbook with current signup promos. For retail locations, there’s a brick-and-mortar FanDuel Sportsbook in Tioga Downs Casino Resort just outside of Binghamton. The FanDuel Sportsbook at Meadowlands Racetrack in New Jersey is also the closest retail sportsbook to New York City.
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