NY Yankees Betting Odds

Even without legal online sportsbooks in New York State, there are still loads of ways to bet on the New York Yankees in the tri-state area.

You can legally bet on the Yankees in New York State by visiting a retail sportsbook Upstate or by crossing the border into New Jersey or Pennsylvania and betting online or in-person.

Fortunately for Yankees fans, this is a great year to bet on their favorite MLB team. They’ve gone back and forth with the Dodgers as the favorite to win the World Series, and they’ve been pretty consistently beating the run line spreads.

Three Best Sports Betting Apps To Bet On The Yankees

You can download, register, and deposit at sportsbook apps from New York. But you need to be physically located in New Jersey or Pennsylvania to place bets on the Yankees online. Here are the best three:

Sportsbook AppAvailabilityBonus Offer
Visit DraftKingsPA & NJRisk-free first bet up to $500; 20% deposit match up to $500
FanDuelPA & NJRisk-free first betting for first 72 hours up to $1,000 
BetRiversPA & NJ100% first deposit match up to $250 (1x playthrough)

Betting On The New York Yankees: Your How-To Guide

In both neighboring Pennsylvania and New Jersey, you can bet online, even if you’re a New York resident. But, unfortunately, online sports betting is illegal in NYS, and there are no sportsbooks in NYC.

Best Way To Bet In New York City

The closest in-state 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 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 Candian border, and from Albany to Buffalo.

Betting On The World Series: New Yorkers’ Best Bets

Whether the Yanks make it to the World Series this year or not, most New York sports bettors will want in on the action surrounding the MLB championship.

Choose Your Method

You can head to a retail sportsbook in New York State, or you can travel to a neighboring state like New Jersey and Pennsylvania. If you go the latter route, you’ll have access to all the different sports betting apps available in the state. If you do the former, you’re likely limited to whatever sportsbook location is closest to you.

Choose Your Sportsbook

The two major ways that sportsbooks set themselves apart are the promotions 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. (A special bonus offer wouldn’t hurt either.)

For example, if you’re going to bet on the Yankees 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

We’ll get more into the specific types of bets further down this guide, but during the 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 the National or American League Championship Series or Spring Training.

At the time of writing this article, these were the odds for the Yankees to win it all at the top three sportsbooks:

That means my best bet would have been at the FanDuel Sportsbook. If I bet $100 and the Yankees pulled it off, I’d win $650.

Where Should You Bet On The Yankees In New York State

You can bet on the Yankees at any in-state sportsbook. New York sports betting law only restricts betting on in-state college teams, and all in-state pro teams are fair game.

Perhaps needless to say, that makes the Yankees one of the most popular teams for New York sports bettors. That means you’ll find a big variety of bets. This the case both at retail sportsbooks and online sports betting sites, which are particularly competitive about Yankees odds.

For example, if you’re in the Syracuse area and the odds at Turning Stone are considerably better than what’s offered at Yellow Brick Road, it may be worth the drive over to Verona. If they don’t list the odds on their website, feel free to call the sportsbook and ask the manager about the odds.

At the end of the day, every retail sportsbook in New York lists every Yankees game, playoff series, and the World Series, and simply heading to the closest one to bet for fun is a safe bet too.

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 (+200)

If you bet $200 on the Yankees and they win, you’d win your money back, plus an additional $100. If you bet $100 on the Red Sox and they somehow managed to pull off a win against the world’s best team, you’d win $200.

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 points 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 +3.5 (+120)

Red Sox -3.5 (+135)

Based on the above, the Yankees would need to win by at least four runs to beat the run line, and the Red Sox would only need to lose by three runs 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 straight 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.

How MLB Futures Work

Betting MLB futures is simply 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.

All sportsbooks in New York will list the World Series and League Championship futures months in advance. You can also visit PA or NJ, place a futures bet using a sportsbook app, return to New York, and see if it pays out without the need to return to the state. You simply need to be within state lines to place a bet.

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.

Individual game prop bets include things like whether or not 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.

Betting On The Yankees In New York State: Top 8 FAQs

Is it legal to bet on the Yankees in New York?

Yes. As long as you’re betting at a legally licensed sportsbook, it is legal to bet on the Yankees in New York State. The only non-amateur in-state teams you cannot bet on in New York are college teams, such as Syracuse Orange or Buffalo Bulls. It is not legal to bet on the Yankees online within New York state, as of now. 

Is betting on the Yankees popular in New York State?

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.

What is the closest retail sportsbook to Yankee Stadium?

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.

Alternatively, you can cross the George Washington Bridge, take the Lincoln Tunnel, or hope on the PATH train to New Jersey and legally bet on the Yankees using your mobile device. (Online sports betting is currently not legal within New York State lines.)

How can New Yorkers bet on the Yankees from New Jersey?

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 NJ to bet.

Are there legal sportsbooks in Manhattan?

Manhattan does not have a legal retail sportsbook. There is no retail sportsbook anywhere in New York City. However, you can take the PATH train or ferry to New Jersey and bet online. For example, sports bettors in Manhattan can sit at a Hoboken sports bar and bet on their phone using one of the many New Jersey sports betting apps and sites. 

Where’s the best place to bet on the World Series in New York State?

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. 

For the best odds on the World Series, you may want to travel to Pennsylvania or New Jersey, where you can compare and contrast the online sportsbook odds from your mobile device.

Is it legal to bet on the Yankees using the DraftKings Sportsbook in New York?

The DraftKings Sportsbook app is not legal in New York State. For now, laws only allow for retail sportsbooks. However, 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.

Is the FanDuel Sportsbook available in New York?

The FanDuel Sportsbook app is not available in New York. However, there is 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.

About the Author

Mike Epifani

Mike Epifani (shown here at Caesar's Palace Las Vegas) is an experienced online gambling writer who specializes in online casinos and sports betting sites. From the nuances of bonus offers to winning strategies and beyond, his insights have helped countless remote bettors keep more of their money while having fun and staying safe.

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