New Mexico Sports Betting
Sports betting in the United States has been made into an incredibly complex topic between the interpretation and understanding of federal laws and how they impact state based opportunities for betting on sports in New Mexico and around the country. This guide will simplify matters for you, and was designed specifically to assist New Mexico sports bettors who are interested in accessing legal online sportsbooks that are licensed to provide wagering services to NM residents. You will not find any sports betting destinations located within the state itself due to several federal laws which effectively ban state based sports betting both online and offline everywhere except for a few select destinations that were exempted. We will explain these laws and how they affect your options, and provide insightful information on what legal sports betting options are available to players in NM and the US in general. We also created a helpful section dedicated to assisting those interested in New Mexico football betting options.
Top Sports Betting Sites For New Mexico Residents
Sportsbook Name | New Players Promotion | USA Friendly? |
---|---|---|
BetOnline Sports | 25% Match Bonus Up To $1000 | Yes |
Bovada Sports | 50% Match Bonus Up To $250 | Yes |
Sportsbetting.ag | 25% Match Bonus Up To $1000 | Yes |
Bookmaker Sportsbook | 15% Match Bonus Up To $2500 | Yes |
Is Sports Betting Legal in New Mexico?
This is the ultimate question for sports bettors in every state. Is it legal? The answer is absolutely yes and absolutely no. The key lies in where you are placing your sports bets. It is currently illegal to operate any type of online or offline sportsbook within the state of NM. The state laws and statutes do not address sports betting at all. Most states did not bother creating laws governing sports betting whereas the Federal Wire Act and PASPA laws are already in place and are the law of the land. This renders any state sports betting laws irrelevant. Should those federal laws be amended in any way, then individual states may need to address the topic.
New Mexico law does prohibit residents from participating in unlicensed and unregulated gambling activities, so it is crucial that bettors limit their actions to only legitimately licensed and legal destinations. The two federal laws governing sports betting in the US do not prohibit players from participating in sports gambling at legally licensed, certified and regulated sportsbooks which are located outside of the United States. This type of sports wagering is legal for New Mexico sports fans to enjoy, and this guide will provide you with a starting point by listing the industry's top legal sportsbooks online. You can also review the state's laws and statutes by visiting the State of New Mexico Legislature Website.
Is It Legal To Bet on Sports at Online Sportsbooks That Are Not Based in the US?
Not only is it legal, but it is the only legal option for US sports bettors who want to place their wagers online. The critical element here is to ensure that you only consider legitimate destinations which are verified by professional to hold legal licensing and compliance certifications, and to be regulated by a respected and genuine governing jurisdiction. Every brand in this guide meets these requirements for legitimacy, as well as a number of high standards for quality and performance. The US federal laws do not prohibit bettors in NM from participating at these types of destinations. It is illegal to bet on sports at an unlicensed sportsbook operating out of the United States. There has never been a US resident investigated, arrested or prosecuted for online sports betting at a legal sportsbook. Your other option is to visit one of the US based sports gambling destinations that are exempt from the Professional and Amateur Sports Protection Act, which includes Nevada, Delaware, Montana and Oregon.
What is the Legal Gambling Age in New Mexico?
All gamblers must be at least 21 years of age in order to participate in gambling activities in the state of New Mexico. This includes the brick and mortar casinos located throughout the state. Do not be confused about this requirement for New Mexico residents. Though some online gambling sites only require players to be 18, New Mexico state law requires that gambling participants reach the minimum legal age of 21 before enjoying this type of entertainment. Anyone engaging in underage gambling will be in violation of state law and will face penalties administered by the state.
Betting Trends for the State of New Mexico
One bad thing about New Mexico is that you won't find many sports teams there. They have high school and collegiate teams, but none of them actually compete well on any D1 level. And when it comes to pro teams, there's a gaping hole in the state. However, New Mexicans still enjoy their sports and still enjoy betting. If you're in New Mexico and want to bet sports, here are some tips you can use.
Finding a Worthy Sports Team to Bet On
1: Track Results and Trends
A team in the NBA that's 22-3 is likely to keep winning. An NFL team that's 10-0 is likely to keep winning. Teams that score a lot per game are likely to keep up those trends. Do you see where this is going? By following trends of teams currently playing, and their results, you can better decide which bets are likely to play off when you decide to bet on them. This takes some research on your part, but it's well worth the effort.
2: Figure Out the Line You Want to Bet
Trends will give you a decent indication when it comes to how much a team will score, on whom they will score, and whether or not the game with be low or high-scoring. Use this information to bet on the right line. You can bet on a straight win, which typically gives you less than 1:1 on a favorite. You can go with a point spread, which is always double. Or you can go with an over-under by betting on the outcome of a final score, which is also double. Different games will require different bets. By following the trends and results, you will know which bet is right for you to make.
3: Don't be Afraid to Switch
Let's say you've been following a team like the Denver Broncos from week to week, and so far it's paid off. However, they're about to play the San Diego Chargers, and the Broncos are favored by 14. You know that historically the games are a lot closer, and that Manning is getting older now and isn't going to have a 50-TD season. Never be afraid to switch out and to take the Chargers to cover. You're not betraying your system here; you're simply betting with the end of the spread more likely to pay off for you.
4: Spread Your Bets Out
Let's say you've researched trends and injury reports and know of a few teams you feel might cover low spreads, or underdogs that might cover big spreads. You should never place your entire stake on a single game. Spread things out and place smaller wagers on multiple games. In the grand scheme, doing this actually gives you a better chance. Winning 3 of 4 is more lucrative than losing on just one. As long as you're betting smart, spreading is leverage and leverage helps you win big.
5: Don't Believe in Locks
People who followed the 2007 NFL season saw that the New England Patriots were 16-0 in the regular season, and then they mowed through the competition in the playoffs. When reaching the Super Bowl, they were 18-0, behind Tom Brady and Randy Moss, and were heavy favorites in the big game. They were the biggest lock in Super Bowl history. Do you remember how that ended up? Yeah, the game became the biggest upset in Super Bowl history. Never buy into the idea of a lock. Rely on your own research and find favorable lines. Don't simply pick a team because they're heavily favored. There's more to successful betting than riding the bandwagon.
You don't have to follow our advice and tips to the letter. We're simply hoping to provide you with enough accurate information to make smart bets. If you're willing to listen, you may just earn.