Legal New Mexico Sports Betting
Legal New Mexico sports betting debuted in the state on October 16, 2018, making NM the sixth state to offer legal brick-and-mortar sports wagering to the public. However, the way New Mexico went about getting its sportsbooks up and running is different from every single other state. The state’s tribes came up with a plan that may as well set the precedent for all other casinos that are dealing with tribal gaming compacts and tribal exclusivity deals.
New Mexico’s Santa Ana Pueblo tribe effectively used a loophole that automatically gave them the right to offer on-site sports wagering as soon as the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA, 1992). After a few unchallenged months of operation, the Pojoaque Pueblo tribe jumped on board and opened their own sportsbook. In addition to further exploring this brilliant gambit, this guide you will provide information on legal sports betting sites, daily fantasy sports, and your wagering options and restrictions in New Mexico.
Betting On The Lobos In New Mexico
Sports betting fans in New Mexico have an interesting matchup to wager on this week, as the New Mexico Lobos take on the #7 ranked Texas A&M Aggies. Bovada currently lists the Lobos as 28.5 point underdogs (-110). New Mexico’s moneyline is set at (+1275) with a points total of 51.
New Mexico Sports Betting And Gambling Laws
The Gaming Control Act of 1978 defines all of the current New Mexico sports betting and gambling laws. Naturally, given its date of origin, there is no mention of “online” or “Internet” gambling. Still, the state legislature could have added that at any time, though they’ve so far chosen not to. Thus, there is literally nothing in the law to prevent NM residents from using these means to access offshore sportsbooks.
Most New Mexico legal sports betting fans s chose Bovada because the popular sports betting operator offers a lot of winning potential. Bovada’s wide selection of odds, betting lines, wager types, and multiple sporting leagues allows New Mexico sports betting fans to cash in big. New Mexico has not launched any regulated online sportsbooks as of yet, so Bovda is able to legally provide great odds on the go in New Mexico. There is never a shortage of action; even during the offseason, there are futures bets available. All year long Bovada is offering sports betting fans in the Land of Enchantment many ways to play and win big.
- Legal online sports betting
- Great odds all year
- Multiple league options
- Bonuses galore
- Offseason betting lines
A great way for New Mexico legal sports betting fans to cash in big at online sportsbooks is through parlay betting and BetOnline has some of the best options. BetOnline offers 15 team parlays, meaning 15 unique wagers can be pooled together for major potential wins. You can even pool together bets from different leagues and types. Sports bettors can wager on a Moneyline in the NFL, a player prop in the MLB, and a futures wager in the NHL, the options are seemingly endless at BetOnline. BetOnline is legally able to offer these betting lines in the land of enchantment and is available on most mobile devices.
- 15 team parlay options
- Parlay multiple leagues
- High returns on futures
- Best mobile options
- No download for online
MyBookie hosts some of the best odds for betting on the NBA finals and can legally offer these odds to all New Mexico sports betting fans. Online sportsbooks and legally provide odds on the NBA Finals since there is no law banning the operation. Some of the best NBA Finals betting odds can be found at MyBookie. Betting on the NBA Finals is a great way for players to cash in big at online sportsbooks in New Mexico. The odds are usually all long early on, so hopping on the odds for your favorite teams could bet NM sports betting fans a large return come seasons end.
- Best NBA Finals odds
- Accessible mobile betting
- Large bonuses for players
- Early odds are long
- Player props during finals
New Mexico legal sports betting has yet to launch its own online regulated market, but sportsbooks like SportsBetting can legally offer online odds to all NM players. The popular online sportsbook has some of the best odds in the Land of Enchantment; even good enough to rival the land-based sportsbooks. SportsBetting can also operate on most mobile devices, offering true anytime anywhere on the go sports betting. The best part is, there is no need to download an app as the entire sportsbook can be accessed through the web browser of most mobile devices. SportsBetting continues to be a top-rated online sportsbook in New Mexico.
- Legally available statewide
- No Download required
- Bonuses for new bettors
- Odds for multiple leagues
- 24/7 customer service
No matter how New Mexico players want to fund their legal sports betting accounts, XBet has options available. At the legal NM retail sportsbooks, the options are somewhat limited. Thankfully, XBet expands the variety available to sports betting fans in the Land of Enchantment. You can fund your betting wallets using cryptocurrencies like Bitcoin, using debit and credit cards, or proxy servers as well. The options increase even further when it comes to collecting your winnings. Withdrawal methods vary in speed and convenience, with some of the fastest payout methods on the market. Money orders, bank wire transfers, e-checks, and bank checks are all available for New Mexico players.
- Fast payouts on winnings
- Multiple deposits/withdrawals
- Bonuses for Bitcoin users
- Accepts US bank cards
- Deposit anytime
Sports Betting Legislation For New Mexico In 2021
New Mexico already has a legal sports betting industry but that doesn’t mean that the market isn’t looking to expand in 2021. With NM House Bill 101, New Mexico is hoping to add sportsbooks to the racinos in the state. With horse racing and casino games already taking place at these locations, it would be a natural extension to include sports wagers for patrons to participate in as well. The New Mexico Legislature has not decided on NM HB 101 but whether it is passed before the session adjourns in late March makes no difference to residents of New Mexico. Having access to legal sports betting in NM already, House Bill 101 would only create more land-based areas with it.
What Teams Can I Bet On?
With legal sports betting in New Mexico, every team, franchise, player, and athlete are able to be wagered on. While New Mexico does not have that strong sports presence that states like Texas or California have, sports bettors in New Mexico are still major fans of close teams. New Mexico does have notable collegiate teams that garner a lot of betting attention at mobile sportsbooks, however. No matter what you wish to wager on, you will be able to easily find betting lines for sports betting teams in New Mexico. Any team that is close to New Mexico, or teams on the other side of the country, can be found and wagered on at legal sportsbooks.
|New Mexico Lobos (University of New Mexico)||New Mexico State Aggies (New Mexico State University)||Dallas Cowboys (NFL)|
|Texas Rangers (MLB)||Denver Nuggets (NBA)||Colorado Avalanche (NHL)|
Is There Anywhere In New Mexico That I Can I Bet On Sports?
Yes, you can bet on sports in New Mexico at four different locations. These land-based sportsbooks offer no mobile betting, but bettors are still welcome to check them out. Though New Mexico is a big state, the sportsbooks are located in the more populated areas of Albuquerque and Santa Fe. Other options also exist on the outskirts of towns, such as in Mescalero and Bernalillo.
You can also use a legal offshore sportsbook like Bovada, SportsBetting, BetOnline, BetDSI, or BookMaker, all of which accept NM residents as customers. Signing up is fast and free, all of your wagers are encrypted, secure, and are guaranteed the fastest sportsbook payouts. These legal New Mexico sports betting sites are likely going to be your most convenient and accessible solutions due to the fact you will not have to travel to a casino whenever you want to place a bet.
New Mexico Sports Betting Revenue
New Mexico offers legal sports gambling but only at a limited number of tribal casinos, which are not required by law to publicly disclose their finances. Considering that there are only two licensed sportsbooks in the state, it is safe to assume that the numbers for revenue, handle and tax collections are all low. We can still do a thought experiment of what New Mexico’s sports betting industry would look like if it expanded throughout the state. Using New Mexico’s 26% gaming tax and national per capita averages, a full statewide sports betting industry could generate $313.5 million for a betting handle, $21.6 million in revenue, and $5.6 million in taxes annually.
Betting On NFL Games In New Mexico
New Mexico has a few platforms for wagering on the NFL in 2020 available to gamblers in the state. The Tribal casinos and sportsbooks may or may not be open due to the Coronavirus Pandemic. If they are open, they will be operating under stringent guidelines to ensure customer health safety in preventing further outbreaks of COVID-19. If going to one of these places and gambling on the National Football League matchups in a very sanitized fashion doesn’t sound like fun, then offshore internet sportsbooks are the other legal option for sports bettors in the state.
Sports wagering operators like Bovada, BetOnline, MyBookie, SportsBetting, and XBet accept players from New Mexico and are legal, safe, and convenient because even though they are websites, they can be accessed by any mobile device with internet capabilities. Each one of these outlets will cover the entire 2020 NFL schedule of games with a large number of wagers for each game from the moneyline to props, they will have it all available for bets. And the odds with these operators are typically better in terms of the payout possibilities for members wagering with them because they are based on pure data and statistics. When it comes to wagering on the 2020 NFL games in New Mexico, sportsbooks such as the ones listed are the way to go.
Potential Cities For Legal New Mexico Sports Betting
- Santa Fe
- Las Cruces
New Mexico sports betting is fairly limited but the market has expanded since 2018 rather quickly. Taking a page from the big-style sportsbooks in Nevada as well as a tribal influence from the Mississippi sportsbooks, New Mexico is building their base as the go-to destination for southwest sports betting. State legislators could look to legalize online and mobile sports betting in the near future but until that happens, you will either need to travel to one of the casinos listed above or bet online with an internationally regulated sportsbook.
Where’s The Closest Place To Me To Bet?
There are now four operating tribal casino sportsbooks in New Mexico. Two are located in Albuquerque, one is located in Santa Fe, and another is located in Mescalero, roughly 40 minutes west of Roswell. There are also several casinos in Las Cruces, but none have adopted sports betting yet. Most of New Mexico’s population lives in the center of the state in either Albuquerque or Santa Fe, so the current distribution of sportsbooks ensures convenience for most of the state’s residents.
|Albuquerque New Mexico Sportsbooks|
The Santa Ana Star was the first sportsbook to launch in New Mexico. It offers bets on college football, the NFL, NBA, MLB and more, as well as great rewards for loyalty program members. Santa Ana prides itself on its hospitality and invites players to interact with and bond with its employees.
Isleta Resort & Casino
The Isleta Resort is New Mexico’s newest sportsbook, located at a beautiful property in Albuquerque. The sportsbook itself is centralized at a lounge and bar with cocktails, draft beer, big-screen TVs, and betting kiosks.
|Mescalero New Mexico Sportsbooks|
The Sportsbook at the Inn runs on William Hill’s world-famous sports betting infrastructure, the first casino sportsbook in the state to do so. The casino maintains a high-energy atmosphere and prides itself on its top-notch customer service.
|Santa Fe New Mexico Sportsbooks|
The Thunder Race and Sportsbook offers betting on college and professional sports as well as horse and dog racing. It also features a full-service bar area with high-definition TV. The sportsbook at Buffalo Thunder is located just 15 minutes north of Santa Fe.
New Mexico Sports Betting Sites
There are several legal New Mexico sports betting sites to choose from on the Internet. The best of these, for most NM residents, is Bovada, as they’re the industry leaders and the most popular offshore sportsbook among all American players. After Bovada, both SportsBetting and BetOnline offer identical odds and lines, though they usually have dramatically different bonuses to choose from, for both new and returning members.
Other top NM sports wagering websites include BetDSI and the Internet’s oldest bookmaker, aptly called BookMaker. Whether your join one or two of the above sites – or join all of them – you are sure to find robust wagering options and sportsbook bonuses that no land-based book is likely to match. Plus, shopping lines on the Internet is a lot easier than shopping lines between different land
Horse Racing Betting In New Mexico
New Mexico actually has a comparatively robust, thriving horse racing industry, and the state is home to Ruidoso Downs, one of the oldest racetracks in America. As such, horse racing betting in New Mexico is something of an old tradition. In fact, Ruidoso Downs, opened in the 1940s, is the only US track that offers an oval Thoroughbred track and a separate Quarter Horse straightaway. Further, it is the site of several Grade I Thoroughbred races and hosts the last leg of the American Quarter Horse Triple Crown, the All American Futurity.
Simulcast wagering was introduced in New Mexico in 1989, and ten years later, slot machines were legally allowed at the venues, turning all NM tracks into bona fide racino facilities. Sunray Park & Casino in Farmington, NM, and Sunland Park Racetrack & Casino in Sunland Park, NM, are two of the other top venues in the state.
Daily Fantasy Sports In New Mexico
DFS, or Daily Fantasy Sports in New Mexico, is not technically legal, as there are no explicit laws formally declaring such to be the case. However, all major DFS operators – including DraftKings and FanDuel – do business in the state, and there has been no indication that this will change anytime soon. While many states currently have legislation to officially recognize DFS as a lawful practice, New Mexico is not on that list. However, the state could introduce any such bills at any time in the future.
Legal New Mexico Sports Betting FAQ’s
Can I Bet Real Money In New Mexico?
Real money sports betting in New Mexico is primarily held in retail establishments but there are other options. There are also online sports gaming operations that are legally available to residents of New Mexico wanting to lay some real money down on games all over the globe.
Is Online Sports Betting Safe In New Mexico?
Is ordering gifts off the internet safe? The same applies for gambling on sports online as platforms implement the same security software for New Mexico sports bettors. This is true as long as the sites you are using are regulated in the U.S. or overseas.
What Is The Legal Sports Betting Age In New Mexico?
New Mexico asks that all gamblers wagering at sportsbooks in the area be 21+. Internet sportsbooks have a different age, allowing 18+ gamblers to join their websites. However, it is encouraged to go by the laws of New Mexico and wait until you are 21+ to wager on sports with internet sources.
Where Is The Best Place To Bet On Sports In New Mexico?
There are four land-based casino locations in New Mexico for sports bettors to go and wager on some healthy competition. No state-run mobile applications for sportsbooks exist but legal online sports betting platforms in Bovada, BetOnline and others can be used with any smartphone from anywhere, 24/7, making this option the best because they are the most convenient.
Should I Use A Neighborhood Bookie In New Mexico?
No, neighborhood bookies should not be used in New Mexico because that’s taking a gamble on a gamble. There is no telling if these bookies will be honorable because they have no reason to be as they are not licensed or regulated in New Mexico to accept bets on sports. Retail and internet sports wagers are the only way to go in New Mexico, forget using the local bookie.