Brief New York Knicks History
The New York Knicks have always been one of the powerhouses in the NBA. They are currently the most valuable NBA team even with their recent struggles.
The franchise was founded in 1946, and with them situated in arguably the most vibrant city in the world, they gained popularity fast. Since 1968, the Knicks have played their home games at Madison Square Garden, the oldest arena in the NBA and considered the Mecca of Basketball.
Early in their history, the Knicks were one of the most successful teams. They defeated the mighty Los Angeles Lakers twice to clinch their only two championships.
However, betting on the Knicks to go all the way in this modern era is unwise. They have struggled to feature in the postseason, making only two appearances in the last decade.
Top Sportsbooks for Knicks Betting
New Yorkers have had to cross the George Washington Bridge into New Jersey to wager on their favorite teams but not anymore. They can now wager from the comfort of their homes through one of the nine licensed sportsbooks in NY.
But that begs the question, which sportsbook provides the best value for Knicks betting? Although value means something different for each bettor, we have made a list of the top sportsbooks that provide the best overall betting experience.
Below are the top five in no particular order.
As a bettor, one of the things to look out for is the betting variety, among other things. PointsBet offers one of the most varied markets, which is why they are easily ranked 10/10 in the overall betting experience. You are also certain to see several promotions that cater to both new and existing customers.
FanDuel is arguably the most popular sportsbook in the US and for good reason. Although they set themselves apart with fantasy offerings, you still get a one-of-a-kind experience with traditional sports betting.
One unique feature of FanDuel is its mobile site, which is a significant improvement from what is available on desktop. With its optimized mobile app, you would have an incredible betting experience with varied betting markets.
With Caesars, you are sure to get the best bonuses in the New York betting scene. Upon registration, you get up to $1,250 in bonus bets with the promo code “CZRFULL” as well as points in their loyalty rewards program.
To further solidify their position in the New York betting scene, they partnered with the NBA and the Knicks. They also offer odds boosts daily.
DraftKings is one of the most popular sportsbooks in the US and also promises an outstanding betting experience. Newcomers get up to 20% of their initial deposit up to $1,000 provided they meet the play-through requirements.
As you wager on the Knicks, there are certain seasonal promotions you could take advantage of. Special offers run during the playoffs or the All-Star weekend.
BetMGM is known for their excellent parlay betting, among other things. Although they do not have any signup bonus for newcomers, they compensate for that through other active promotions, including the rewards program.
They also offer specialized offers to Knicks bettors through the “Select Your Squad” promo. On the promotions page, you just need to select the New York Knicks as your favorite team and you would get offers delivered to you.
Betting on the New York Knicks
Although betting in the NBA is relatively simple, there is a lot more to consider when focusing on a single team, especially the Knicks. Understanding the team is crucial, which is why included a brief history of the Knicks in this guide.
There are a few things you need to consider before you place your Knicks wager.
- Research the team – History always plays a crucial role in basketball betting. Understanding the Knicks' trends and tendencies would help you win. When betting on player props, you can take into cognizance the fact that Jalen Brunson puts on a show in the fourth quarter to close the game.
- Compare odds – Lines change with new developments. If you notice a significant line change in one sportsbook, it might be worth jumping on before it is adopted by every sportsbook. Factors like player unavailability also impact odds, which is why it is advised that you pay attention to the injury report before every wager.
- Select sportsbook – Bettors choose sportsbooks for several reasons, including bonuses offered, site features, the betting variety, etc. You should first determine what is most important to you before registering with any sportsbook.
- Register and place bets – When you are ready, register with any of the recommended sportsbooks to place your bets. Be sure to claim any available bonuses that could increase your stake and your potential winnings.
How to win your Knicks Bet
It takes a lot to win a Knicks bet, especially since the outcome is out of your control. That said, there are ways to give yourself the best chance of winning.
Betting is a game of probabilities, and if you improve your overall probability, you stand a good chance. Seasoned bettors have developed systems that have given them some level of success. You can do the same by building good habits.
Here are a few things to adopt that could help you on your betting journey.
- Always undergo research to know the strengths and weaknesses of your team, as well as the opponents.
- Never place a wager because it is the “most likely outcome.”
- Explore other betting markets outside the moneyline and spread.
- Always manage your bankroll
- Take advantage of live betting
- Scout the Knicks' entire schedule. They tend to concede a lot more on back-to-back nights.
Popular NBA and Sports Betting Terms
|Favorites||This is the team expected to win the game, while the underdogs are teams that would have pulled off an offset if they win.|
|Spread||Simply put, spread highlights the margin of victory. It handicaps the favorites.|
|Field goal||A score made when the ball is in active play before the shot clock expires.|
|Field goal percentage||This is the percentage of field goals made based on the number of attempts.|
|Moneyline||Here, you are required to pick the winner of the game.|
|Shot clock violation||Every possession is limited to a 24-second countdown. If the Knicks do not attempt a shot that hits the rim in that time, it is a turnover.|
|Layups and dunks||A layup means scoring the ball as closely as possible to the basket without touching the rim. On the other hand, a dunk means the ball was slammed into the net.|
|Parlays||When you accumulate more than one pick in one bet slip, it is considered a parlay. It could be different picks in the same game or several other games.|
|Futures||This is you betting on the future outcomes, more around teams or players rather than a single game. On FanDuel, the Knicks' odds to win the 2023 NBA championship is +5500. The Milwaukee Bucks are the clear favorites with a +240 win odd.|
|Totals||Here, you will be betting on whether both teams will score over or under a predetermined number of points set by the sportsbook.|
Frequent Asked Questions
Can I bet on other teams other than the Knicks?
Yes. Each sportsbook offers something different, but betting on all NBA teams, including the Knicks is possible. For anyone interested in wagering on other New York teams across other sports, you can find them in the recommended sportsbooks.
What is the minimum betting age in New York?
You have to be at least 21 years old to be legally allowed to bet in New York. Sportsbooks will confirm your age by asking for your Social Security Number and valid identification.
What withdrawal methods are available after winning my Knicks wager?
Every sportsbook has withdrawal methods unique to them. One thing to note is that you might be required to withdraw through the same method you used to make your deposit. The wait time for each withdrawal varies with the selected method. If you favor cryptocurrency, some sportsbooks allow you to deposit and withdraw using crypto.
Is mobile betting available in New York?
Yes. Mobile betting is one of the biggest selling points of some sportsbooks. It is available on both Android and iOS, allowing bettors to bet whenever as long as they are within the borders of New York.