The New York State Gaming Commission approved nine sportsbooks for mobile sports betting licenses, and WynnBET was one of the nine on the list. WynnBET Sportsbook is alive and while, despite the fact that on Jan. 23, 2023, reports surfaced that Wynn Resorts was planning to sell off its sports betting properties, including the WynnBET app. If more information about WynnBET Sportsbook’s sale becomes known the information on this page will be updated.
For now, this WynnBET review will break down everything you need to know about the sports betting app.
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New York has launched online sports betting across the state. Residents can finally log in and place wagers conveniently from their homes with access to a handful of online sportsbooks. WynnBET finally joined the party in New York on Feb. 3.
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WynnBET New York: Odds vs. the Competition (4/5)
Does WynnBET New York Have the Best Odds?
WynnBET offers some player-friendly odds on both sides of the betting line. With the industry becoming so ultra-competitive, though, it’s advisable to compare odds at multiple sportsbooks before making any bet.
How Do Point Spreads and Totals Work at WynnBET?
Betting on the spread and total? It’s critical to know how these basic bets work. Take a gander at the betting line for the opening game of the Mavericks-Suns series in last season’s NBA Playoffs.
Team Spread Total
Mavs +6 (-110) 214.5 (-110)
Suns -6 (-110) 214.5 (-110)
The Mavs were a six-point underdog here. You’re looking for as many points as you can get when betting on the dog. If you like the favorite, scour the marketplace for the lowest number you can find. It’s also important to understand how sportsbooks make their money. Standard odds are reflected in the chart at -110 odds. This means you are betting $11 to win $10. The fee a sportsbook charges is called the vig, and at standard -110 odds, it translates to 4.36%.
The total is also known as the “over-under” on the game. You’re betting on the combined number of points scored by both teams. It was set at 214.5 for this game. Over bettors will want the lowest number possible and under bettors will seek the highest.
Does WynnBET New York Have Good Moneyline Odds?
If you’re betting on the moneyline, you only need your team to win the game. It doesn’t matter how many points they win by at the completion of the game. Check out these MLB moneyline odds on the May 3 game between the Braves and Mets:
Team | WynnBet NY Moneyline Odds | DraftKings Moneyline Odds | FanDuel Moneyline Odds |
---|---|---|---|
Braves | +105 | +105 | +102 |
Mets | -115 | -125 | -120 |
WynnBET New York offered the best moneyline odds on the favored Mets at -115. WynnBET and DraftKings had the best price for the Braves at +105. Sportsbooks have an expected amount of profit to be realized for every bet they handle. This is called the theoretical hold.
For this game, WynnBET’s theoretical hold was only 2.22%. DraftKings (4.16%) and FanDuel (3.89%) were both markedly higher.
Shopping for the Best Futures Odds
Futures bets are wagers on the outcome of a game or event in the future. Let’s stick with baseball and look at futures odds for the World Series. These are available throughout the course of the regular season on all MLB teams. They can fluctuate greatly, and you’re able to find value when you compare these odds at different sportsbooks.
At the time of this writing, WynnBET New York (+450), DraftKings (+475), and FanDuel (+450) all had the L.A. Dodgers as the betting favorite to win the 2022 World Series. Pretty consistent across the board, but what if you wanted to bet the Cubs to win the World Series?
WynnBET New York was dealing Chicago at +10000 while FanDuel (+13000) and DraftKings (+16000) offered much higher futures odds on the Cubs. Remember to always compare the odds at multiple sportsbooks before making your bet, especially when it comes to futures.
WynnBET New York: Market Depth & Variety Grade (3/5)
WynnBET offers good betting markets for most major American professional sports and leagues, like football, basketball, and baseball. However, it doesn’t offer any betting markets for NASCAR or other auto races. You also won’t find niche or fringe betting markets for activities like rugby, cricket, or darts.
The other big area where WynnBET suffers is a lack of a futures betting pool. Because of this, you won’t be able to bet on the outcomes of future games or sports championships or tournaments. Most other sportsbooks allow futures markets for leagues like the NFL or MLB, so this is bad news for WynnBET.
WynnBET New York: Deposit & Cashout (2.5/5)
In states where WynnBET is currently active, there are only a couple of deposit and cash-out methods available: Visa or MasterCard transactions, PayPal transactions, or the use of repaid Play+ cards.
This is quite limited compared to the deposit and cash-out methods provided by other mobile sportsbooks, so WynnBET is clearly not as good in this arena.
WynnBET New York: Mobile App (4/5)
WynnBET’s mobile sportsbook is pretty easy to navigate through and it looks exactly the same as the desktop app, which makes hopping between platforms quick and simple. This app is bolstered by a fantastic customer service department (which has multiple communication channels you can take advantage of).
The mobile app itself is pretty standard it doesn’t have any major or innovative features to speak of. But it gets the job done and doesn’t lag too much on big game days. We also like that WynnBET offers a variety of responsible gaming features, like the ability to limit how much money you can bet at a time, or the “self-exclusion” and “cooling off” tools that you can set to limit yourself from making bets for a set number of days.
Overall Score (3/5)
Ultimately, WynnBET’s mobile sportsbook is either middle-of-the-road or lacking in major features or functions. Because of this, WynnBET is not one of the best mobile sportsbooks to launch in New York, especially at the outset.
Is WynnBET Sportsbook Legit?
Yes, WynnBET is a legitimate sportsbook app because:
- It is regulated by the New York State Gaming Commission (NYSGC)
- WynnBET is already active in several other states
- WynnBET is owned by a massive and legal gambling organization
- WynnBET has never had a major financial scandal or problem with the authorities
Why Choose WynnBET New York Over Illegal Betting Sites?
It’s never a good idea to use an illegal betting site in New York since:
- Those sites could possibly steal your money or personal information
- Offshore sites don’t have great betting lines with profitable odds
- Illegal betting sites don’t have good digital security, putting your information at further risk
WynnBET Sportsbook Fact Sheet
How old do you have to be? | 21 |
What states is WynnBET legal in? | Michigan and New York |
WynnBET New York Sportsbook FAQ
Yes, New York residents can download and use WynnBET to place online wagers now.
WynnBET has a handful of withdrawal methods, such as online banking and other online money management options like Paypal.
You need to be 21 years of age or older to bet online at WynnBET New York.
Yes. WynnBET offers a legitimate sportsbook and app. On a separate note, it still needs several major improvements.
Yes, you can sign up for WynnBET from anywhere within New York State.
We can’t say at this time, but it will likely be a sports arena or retail casino in the Empire State.