After a bit of a disappointing summer for New York sports betting news, the hope for lawmakers and officials everywhere was that things would bounce back in a big way this fall. Well, it’s safe to say that things have 100 percent gone in that direction. Matter of fact, the numbers are head-turning. That’s right, the news has come in that New York posted an incredible betting handle for September and it’s something that people most definitely must be celebrating.
According to a report, New York was able to post a sports betting handle of $1.759 billion for the month. That’s not a typo folks, as September was able to blow the monthly projections right out of the water. In even better news for the state, the total revenue recorded was more than $165 million. That’s incredible for NY, as plenty of resources will surely be taking advantage of the money that has come in.
So, what led to the massive increase in betting all over the state for September? It’s safe to say that the return of the NFL and college football has played a massive role in things. With the regular season in the NFL starting up last month, people have been rushing to get their NFL betting calls in, particularly on the New York Giants, New York Jets and the Buffalo Bills. The Bills and Jets are in the middle of solid years, while the G-Men are unfortunately 1-5.
The Bills are an AFC powerhouse and their fans are hoping that a trip to the Super Bowl can finally come this winter. With the Jets, they’re 3-3 on the year, which is a bit of a surprise after Aaron Rodgers tore his Achilles during the first game of the campaign. Despite that, quarterback Zach Wilson has been able to keep things afloat. Moving forward, even more bets will be on the way all over the state.
Forget the score. Forget the situation.
Just keep swinging. pic.twitter.com/O8pnTvJ9Vr
— New York Jets (@nyjets) October 17, 2023
MLB betting was strong for New York as well
It goes without saying, but MLB betting was strong for New York as well. The end of the regular season was incredible, as we saw multiple teams sneak into the postseason during the last weekend of the year. MLB betting was strong during that final weekend, and things are still strong now during the playoffs. While both the Yankees and Mets didn’t reach the postseason, that doesn’t mean that betting wasn’t over the moon.
In the AL alone, the Houston Astros were able to outbattle the Seattle Mariners and Texas Rangers to win the AL West. The Mariners missed out on the playoffs, while the Rangers were able to claim the last Wild Card spot. With so much drama during that final weekend of the regular season, it only makes sense that bets for Major League Baseball were completely and totally off the charts.
As great as baseball wagers were for September, we have a feeling that October is going to be even better. That’s because we have officially reached the Championship Series’ for both the American League and the National League. On one side of things, the Rangers and Astros are battling for a trip to the World Series, with Texas up 2-0 early on in the series. As for the NL, the Phillies are the odds-on favorites to move on.
The Phillies actually hold the top World Series betting odds and folks all over Pennsylvania are fired up to see what this team can do. People in New York are paying close attention to the Phillies too, as Bryce Harper grew up as a Yankees fan when he was younger. With the NFL in full swing, coupled with the World Series on the way, October betting should be nothing short of stellar for New York.
Bryce Harper’s home run with no commentators gives you a good idea at how LOUD Philly get’s in October 😳
— Baseball Lifestyle™ (@BsbLifestyle__) October 17, 2023
The return of the NBA is crucial for New York betting
In more exciting news for the state, the return of the NBA is crucial for New York betting moving forward too. Both the New York Knicks and Brooklyn Nets have high expectations for this upcoming season, as the fanbases for both organizations are hopeful they can not only make the playoffs, but go on a deep run too.
In recent years, the Knicks have let down their supporters by falling short, but there’s a lot of young talent on this squad. Madison Square Garden is one of the most iconic stadiums in the world, with the stands expected to be packed from start to finish this season. Knicks fans can’t wait to put down their money on this team. Bets have flown in during the preseason and more action is on the way.
The Knicks may not have the best NBA betting odds to win it all this year, but people are going to consistently keep a close eye on them. Other teams like the Warriors, Lakers, Suns, Mavs, Bucks and Heat will be ready to make plenty of noise as well. All in all, this NBA season should be a lot of fun, with things certainly leading to exciting times for the New York sports betting market.