New Mexico Sports Betting 2023
New Mexico sports betting is more complex than sports betting in any other U.S. state. This is because it’s technically neither legal nor illegal. It was launched back in October 2018, with Santa Ana Star Casino taking the first bet. However, while sports betting in New Mexico isn’t illegal according to state law, residents are at the time of writing only permitted to place sports bets at tribal casinos.
In this article, we’ll be giving a complete overview of New Mexico sports betting so that you know exactly where the statue stands.
Online Sports Betting In New Mexico
Here is a list of betting site that offers the best DFS and horse racing experience:
How Online Sports Betting Works In New Mexico
New Mexico Sports Betting Launch
New Mexico’s sports betting launch was controversial. It was “officially” launched in October 2018 after it was noted that the 3 types of tribal gaming allowed by the Indian Gaming Regulatory Act included a catch-all in Class III.
Class III states that “all forms of gaming that are not class I or Class II gaming” are legal in New Mexico, which, as a matter of course, includes sports betting. Some states have opposed this interpretation, but, as yet, the government of New Mexico hasn’t. As such, tribal casinos in New Mexico are technically allowed to accept sports wagers.
How To Bet On Sports?
If you’ve never placed a bet before, the good news is that online betting is easy. In fact, it can be done in a few simple steps:
- Choose a legal sportsbook that’s right for you
- Create an account, make your first deposit and grab the welcome bonus
- Take a look at the sports on offer
- Pick a sporting event you like the look of and take a closer look at the markets on offer
- Choose a bet and weigh up the odds. Is it worth it?
- Enter your stake
- Confirm your bet
Which New Mexico Casinos Have Sportsbooks?
The only place you can bet on sports legally in New Mexico at the moment is at one of the tribal casinos. There are actually 28 in New Mexico, but only 4 of these accept sports bets. These are
- Santa Ana Star Casino
- Isleta Resort and Casino
- Inn of the Mountain Gods
- Hilton Buffalo Thunder
We fully expect more casinos to add sportsbooks soon, so keep checking this page for updates.
What Can You Bet On Right Now In New Mexico?
You can bet on all pro sports in New Mexico, as well as college sports. When it comes to local college sports teams, such as the University of New Mexico, it’s entirely up to the casino in question whether or not you can bet on them.
Here is a rundown of all the pro sports you can bet on:
- American football
- Aussie Rules
- Beach volleyball
- Formula 1
- Horse racing
- Ice hockey
- Rugby league
- Rugby union
- Table tennis
You can also bet on all kinds of sporting events and tournaments, such as the World Cup (soccer) and the Super Bowl.
What Bets Are Available At New Mexico Sportsbooks?
There are various types of bets you can place at New Mexico sportsbooks. These include the popular moneyline bet, which is when you simply bet on one of the teams/participants to win a specific match outright.
There is also the point spread bet, which is similar to the moneyline bet. However, your team needs to win by a specific number of points for you to win the bet.
Other bets include the over/under bet, in which you have to bet on whether or not the total number of points scored by both teams will be higher or lower than that set by the sportsbook before the game starts. You can also place parlays.
Taking Advantage of Bonuses and Rewards
New Mexico sportsbooks offer all kinds of bonuses and rewards to help make your betting experience more exciting.
Bonuses to look out for include the welcome bonus, which is usually a match deposit that matches a percentage of your first deposit (such as XBet’s 100% welcome bonus).
Other bonuses include a reload bonus, rebates bonuses, as well as VIP programs. The best sportsbooks offer the best bonuses, which is why it’s important to do your research before signing up.
New Mexico Sports Betting Laws
New Mexico sports betting laws are pretty simple. You must be aged at least 21 years of age to place a bet, and you must either place your bets within a fully licensed casino, such as Santa Ana Star, or via an offshore betting site, like Bovada.
You can bet on local college teams, but only if the casino in question permits it.
New Mexico Sports Betting FAQ
Is Sports Betting Legal In New Mexico?
It is, but there are lots of restrictions. For example, you have to place your bets inside one of the fully licensed tribal casinos.
When Can New Mexico Residents Start Placing Bets?
New Mexico residents can start placing bets as soon as they’ve registered an account with a sportsbook.
How Old Do You Have To Be To Legally Bet In New Mexico?
Is It Legal To Bet On New Mexico Sports Teams?
This is up to the casino in question. Some permit it, others don’t.
Do I Have To Live In New Mexico To Bet Online?
No, but you do need to be within state lines at the time of placing a bet.
Is Mobile Sports Betting Available In New Mexico?
Mobile betting is currently not available in New Mexico.
Final Word On Betting In New Mexico State
Legal sports betting here in New Mexico is only permissible if you visit one of the four tribal casinos that accept sports wagering. Until further notice, this is the only way you’ll be able to bet in the state of New Mexico. However, because things may change soon, make sure to keep checking this page for updates.