New Mexico Sports Betting Guide – Compare the Best New Mexico Sportsbooks

New Mexico was the sixth state in the US to take a sports bet after the Supreme Court effectively greenlit sports betting in 2018. But is online sports betting now fully legal in New Mexico? In this article we discuss the legalities of sports betting in NM, discuss the best New Mexico sportsbooks and reveal where to find the biggest welcome bonuses.

New Mexico Sportsbooks

List of the Best Sportsbooks in New Mexico

We scoured the internet and tested a vast range of online bookmakers and finally settled on 10 of the absolute best sports betting sites in New Mexico. These are offshore gambling sites that, while based overseas and outside US jurisdiction, provided services in New Mexico.

  1. BetOnline – No.1 New Mexico sportsbook
  2. Xbet – Top in-play sports betting in New Mexico
  3. MyBookie – Perfect for the casual sports bettor
  4. BetUS – Get informed with pre-match stats
  5. Bovada – Valuable horse racing odds in NM
  6. Sportsbetting.ag – Live stream eSports in New Mexico
  7. BUSR – Excellent horse racing betting odds
  8. Everygame – Enjoy halftime sports betting in New Mexico
  9. Betanysports – Track odds with Racebook+
  10. Jazz – Great spread betting lines in New Mexico

Timeline: Legal New Mexico Sports Betting Developments

Much progress has been made over the past few decades toward legalized gambling and the path that the state has travelled can paint a good picture of how progressive the state is in regard to online gambling.

  • 1946: New Mexico legalizes horse racing betting.
  • 1988: The Indian Gaming Regulatory Act permits Native American tribes to negotiate and form individual gaming pacts. This allows those tribes to offer casino gaming and sports betting outside of NM jurisdiction.
  • 1995: New Mexico’s State lottery is created, and Tribal Casinos officially get the go-ahead to commence operations.
  • 2001 – 2005: More tribal gaming compacts are negotiated including the Navajo Nation, Mescalero Apache Tribe, and the Pojoaque Tribe that join the 2001 Tribal-State Class III Gaming Compact.
  • 2016: Daily Fantasy Sports is legalized.
  • 2018: The Santa Ana Casino becomes the first Indian Tribal Casino to offer legal sports betting backed by the authority of the 2001 Tribal-State Class III Gaming Compact.

Reviews of the Best Betting Sites in New Mexico

Picking a sportsbook from so many fantastic choices can be quite the task. That’s why we have reviewed all 10 of our favorite operators and let you know about their unique features. Our thorough examination of these offshore sportsbooks will make your choice that much easier.

1. BetOnline – No.1 New Mexico Sportsbook

BetOnline homepage

BetOnline has been a leading sportsbook in New Mexico for more than 25 years. Offering over 30 different sports, BetOnline covers both US and international events. There are some handy features too such as an Odds Booster section for exceptional odds, and a prop builder for easy parlay creation.

BetOnline supports a range of betting payment methods with a focus on cryptocurrencies and bonuses can quickly be claimed using a BetOnline promo code. Unfortunately, this sportsbook doesn’t support credit/debit withdrawals though.

Pros

  • Over 30 different sports
  • Fast live betting
  • Great prop builder
  • $20 minimum crypto deposits

Cons

  • Old web design
  • No card withdrawals

2. Xbet – Top In-Play Sports Betting in New Mexico

Xbet homepage for sports betting in New Mexico

With its sleek visuals and simple interface, XBet is tailor-made for live betting. The interface is laid out in a clear manner so that even the most novice of bettors can work their way around it. We noted at least 25 different sports on offer and a handy news section keeps you abreast of the latest insights.

XBet bonuses aren’t the biggest and the rollovers have been quite high in the past – but you still claim an offer using an XBet promo code all the same. The racebook is just as simple to use as the sportsbook and offers excellent international coverage.

Pros

  • 25+ sports
  • Top live betting platform
  • Intuitive interface
  • Excellent racing coverage

Cons

  • Smaller bonuses
  • Fewer crypto options

3. MyBookie – Perfect for the Casual Sports Bettor

mybookie new mexico

MyBookie has a lot in common with XBet but arguably caters a little more to the casual sports bettor. You’ll see a lot more ads for bonuses and promotions in the top banner and you’ll still see tabs for casino games, even though you are in the sportsbook. MyBookie offers live betting and a racebook too.

The cashier could be stronger with a few cryptocurrencies and two traditional methods available – although bank cards have a $45 minimum deposit. MyBookie has a weekly horse racing rebate and other regular bonuses can be claimed using the appropriate MyBookie promo code.

Pros

  • Regular contests
  • Refer a friend bonus
  • MLB prop builder
  • Good racing coverage

Cons

  • High card deposit minimums
  • Limited deposit options

4. BetUS – Get Informed with Pre-Match Stats

BetUS homepage

BetUS is a serious sportsbook. You’ll get seriously competitive odds across all sports, tons of data on upcoming matches, lucrative contests, and some great features. This New Mexico sportsbook offers loads of prop bets and even the lesser-known international events receive great coverage.

BetUS offers one of the biggest welcome bonuses in the business and you can claim it upon sign-up with a BetUS promo code. This sportsbook supports cryptocurrencies, bank cards, cheques, and wire transfers – although the traditional methods do suffer from slow withdrawal times.

Pros

  • Great odds
  • BetUS TV platform
  • Huge welcome offer
  • Tons of stats and data

Cons

  • Slow withdrawals
  • Not the fastest webpage

5. Bovada – Valuable Horse Racing Odds in NM

Bovada homepage

Bovada is one of the most famous sportsbooks in New Mexico and one of the most trusted. The sportsbook is massive and packed with features like #whatsyawager. Horse racing odds can be extremely valuable here – we found that Bovada has a tendency to provide better odds for the underdog which can be of immense value if you know your ponies.

Bovada doesn’t have a great reputation for the cashier. It’s a perfectly secure platform but the available methods are quite limited and there are a lot of fees unless you use cryptocurrencies.

Pros

  • Huge sportsbook
  • Valuable racing odds
  • Solid mobile performer
  • Exceptional security

Cons

  • Limited banking options
  • Card and wire fees

6. Sportsbetting.ag – Live stream eSports in New Mexico

Sportsbetting homepage

Looking to live stream eSports events like the Pinnacle Cup or CS:GO Major Championships? Sportsbetting.ag offers high-quality streams of eSports events that you can watch while live betting simultaneously. This sportsbook also offers contests that are free to enter.

Sportsbetting.ag supports over a dozen cryptocurrencies with a low minimum deposit of $20. This operator accepts discover, AMEX, Visa, and Mastercard too – although the minimum deposit is $50. There are no card payouts though.

Pros

  • Contests with big prizes
  • eSports live streaming
  • 12+ crypto options
  • Accepts AMEX

Cons

  • No card withdrawals
  • High card deposit minimums

7. BUSR – Excellent Horse Racing Betting Odds

busr homepage

 

BUSR is a complete casino, sportsbook, and racing package, but we think the racebook is the standout feature of this New Mexico sportsbook. The racebook has huge coverage, excellent odds, and there is a dedicated racing bonus – alongside an 8% rebate bonus too.

With cryptocurrencies leading the way these days, it was disappointing to see that payouts took an average of 3 days at this New Mexico sports betting platform. Bonuses are a big draw here though, BUSR actually put out a lot of bonuses each week but it is a shame the rollovers can be a little high.

Pros

  • Great betting lines
  • Plenty of bonuses
  • Excellent racing coverage
  • Simple interface

Cons

  • Slow withdrawals
  • Some high bonus rollovers

8. Everygame – Enjoy Halftime Sports Betting in New Mexico

Everygame homepage

Everygame is a massive gambling package with a double casino but the sportsbook is a legitimate competitor in the US market. Bettors can enjoy tons of sports, regular special offers, and unique halftime bets that are offered between the 2nd and 3rd quarters or after the 1st half of a game.

Uniquely, Everygame still accepts major eWallets in Skrill and NETELLER. Withdrawals are slow to get started at Everygame with processing beginning 48 hours after you’ve made a request – for some methods, like wire transfers, that can really blow out your payout time.

Pros

  • Huge coverage
  • Still accepts major eWallets
  • Halftime betting
  • Betting special offers

Cons

  • Delayed withdrawal processing
  • Low card deposit limits

9. BetAnySports – Track Odds with Racebook+

betanysports lobby

Betanysports offers a sportsbook with live betting, a full-featured casino, and a dedicated racebook. This operator is unique in that it offers track odds in a feature called Racebook+ – you’ll also get an additional 10% on any winnings too. Top tracks in Racebook+ plus include a vast range of US racetracks.

Betanysports also offers a prop bet builder and unique lines for live betting. Withdrawals are expensive unless you use cryptocurrencies though. Other methods can cost you between $30 and $100 for a payout request.

Pros

  • Get track odds
  • 10% extra racing winnings
  • Different types of betting lines
  • Prop builder tool

Cons

  • High withdrawal fees
  • Low wager limits

10. Jazz – Great spread betting lines in New Mexico

jazzsports lobby

 

Offering around 20 sports on average, Jazz isn’t the biggest sportsbook in New Mexico but it’s certainly a different sportsbook. Jazz offers some of the best lines in the US since its traders use their own systems. However, there is no live betting.

Deposit minimums are a touch high at $50 and you can only request a payout with cryptocurrencies or P2P. Jazz does offer a bonus every single day – but some of those will only be for the casino section.

Pros

  • Top spread betting lines
  • Daily bonuses
  • Rebates with no rollover
  • 24/7 support

Cons

  • High deposit minimums
  • No live betting

Comparing Sportsbooks in New Mexico

We compare the best New Mexico sportsbook platforms based on the welcome bonus on offer and the basic level of sports betting provided. Just to get you started, we’ve even provided a bonus code to help you claim that new player bonus.

Sportsbook Sign-Up Bonus Bonus Code Sports to bet on Live Betting Live Streaming
BetOnline 50% up to $1,000 INSIDERS 30+
Xbet 100% up to $1,000 INSIDERS 25+
MyBookie 50% up to $1,000 INSIDERS 25+
BetUS 125% up to $3,125 INSIDERS 30+
Bovada 50% up to $250 INSIDERS 30+
Sportsbetting.ag 50% up to $1,000 INSIDERS 10+
BUSR 100% up to $1,000 INSIDERS 30+
Everygame 100% up to $150 INSIDERS 20+
Betanysports 35% up to $700 INSIDERS 10+
Jazz 50% up to $1,000 INSIDERS 15+

Is Sports Betting Legal in New Mexico?

Yes and no. Backed by the confidence developed from the 2018 supreme court ruling on sports betting, Santa Ana Casino took its first bets in 2018 before any state laws regarding the matter could be created. New Mexico did nothing and now tribal casinos are in a legal grey area.

It is technically not legal to engage in sports betting in New Mexico, but it has become accepted and allowed to gamble at retail sportsbooks at New Mexico tribal casinos. Basically, the tribal casinos have used their compacts to circumnavigate the system rather effectively.

If residents wish to bet on sports online in New Mexico, they could choose to play at offshore betting sites like those in our best New Mexico sportsbook list above. Those websites operate outside of US jurisdictions – it is unlawful to play at one of these sites, but the state of New Mexico has bigger fish to fry.

Who can Legally Bet on Sports in New Mexico?

To bet on sports at an offshore gambling site, you’ll simply need to prove your identity and residence. This will entail supplying the licensed bookie with a copy of some government ID and proof of residence like a utility bill.

The legal gambling age in New Mexico differs between the available products. You need to be 18 to enter the lottery or to participate in pari-mutuel horse racing betting. The legal age for casino gaming is 21. Since retail sportsbooks in New Mexico are also sports bars, bettors will need to be the legal drinking age of 21 to bet on sports.

How to Bet on Sports Online in New Mexico

Sports betting in New Mexico is easy and online offshore sportsbooks feature very simple sign-up processes so you can get started in an instant. Using BetOnline as our example, we take you through signing up, to placing that first bet.

Step 1: Join

Get started by clicking “Join” from the BetOnline homepage.

betonline homepage

Step 2: Enter Your Details

Complete the sign-up process by providing your basic details in the spaces provided. It’s all simple stuff like your name, number, and email.

betonline registration

Step 3: Deposit

Head to the cashier to place a deposit. At this time, you’ll be able to claim a welcome bonus by using the drop-down menu. Follow the payment gateway prompts to complete the transaction.

betonline deposit

Step 4: Place your Bets

Deposits are usually instant. You are now free to browse the sportsbook or racebook and place bets on your favorite events. Just pick an event, then a market, and just add your selection to the bet slip. Nominate a wager amount and place your bet.

When will Betting be Legal in New Mexico?

Experts and pundits alike argue that it could be anytime soon and it’s easy to see why. Despite the illegality of sports betting in New Mexico, the state became the sixth state to accept a sports bet following the 2018 supreme court ruling.

In essence, retail sports betting is already legal in a practical sense. Therefore, it only makes sense to update the gambling laws accordingly. However, with no bills currently on the table, we can’t confirm a likely timeframe just yet.

Previous Sports Betting Bills in New Mexico

Sports betting laws still have a way to go in New Mexico, but it’s not for a lack of trying. Back in 2021, a bill was put forth with the hope of creating a regulated market.

2021

  • House Bill 101 – This bill aimed to create a committee that would oversee and regulate sports betting in New Mexico. Unfortunately, this bill was quickly shot down.

Tax on Sports Betting Winnings in New Mexico

New Mexico does impose a tax on gambling winnings. There is no minimum amount for this either – you should declare even the smallest of casino winnings and land-based casinos will do this if you cash out above a particular threshold. The tax is 26% for gaming wins, 20% for horse racing, and 0.25% goes towards problem gambling.

There is also a 6% tax on net sports winnings which is a standard income tax. This is because New Mexico gambling laws haven’t formally addressed sports gambling yet.

Payment Methods available at New Mexico Betting Sites

New Mexico sports betting sites are real money gambling platforms. To cover as many bettors as possible, these operators support a range of secure and fast payment methods to facilitate both deposits and withdrawals.

Crypto Betting Options

Cryptocurrencies are arguably the most popular payment method for online gambling in New Mexico. Tokens like Bitcoin, Ethereum, Litecoin, and more can be used to make instant deposits and receive payouts within 48 hours in most cases – sometimes you can even get a payout in a few hours.

Cryptocurrencies are pretty easy to use these days and the tokens will be quickly converted to US dollars when you make a deposit. Most New Mexico sportsbook platforms will offer unique bonuses just for crypto users.

eWallet Betting Options

eWallets are a great option for instant deposits and fast withdrawals, but many of the biggest eWallet services are not as supported as they once were. Skrill and NETELLER can still be found on a few New Mexico sportsbook platforms, but you’ll have to look pretty hard.

Traditional Payment Methods

While New Mexico sports betting platforms are certainly geared towards the crypto route, traditional methods are still possible, albeit a touch limited. Most operators accept debit and credit card deposits but won’t let you receive a payout that way. When they do, you’ll often face a transaction fee too.

Wire transfers are a common way to receive a payout from a New Mexico online sportsbook, but withdrawal times can be as long as 10 working days and there are almost always fees associated with wire transactions.

Bonuses Available at New Mexico Sportsbooks

Santa Ana Casino won’t offer thousands of dollars in bonus funds just for turning up or regular free bets throughout the year. But online sportsbooks in New Mexico will. Bonuses are one of the standout features of offshore online sportsbooks and there are few distinct promotions available.

Match Deposit Bonuses

Easily the most common bonus type at a sportsbook in New Mexico, the match deposit bonus is typically showcased as the welcome offer and as a reload bonus for existing customers. The concept is simple – the bookie matches your real money deposit with bonus funds.

For example, a 100% match deposit of up to $1,000 would see a $500 deposit receive an additional $500 in bonus funds from the New Mexico sports betting site.

No Deposit Bonuses

This is the rarest of bonuses at New Mexico sports betting sites. A no deposit bonus requires no initial deposit from the customer to claim the offer. The offer can range from free bets to a small bonus amount.

This bonus will have some restrictions such as a maximum winnings limit or a rollover requirement. The free bet will often be for a specific market or event such as a free bet on the winner of the NHL Stanley Cup playoffs.

Free Bets

Free bets are exactly what they sound like – a free bet in which the New Mexico sportsbook fronts the cost of the stake. The stake will usually be small – around $10 – but you’ll get to keep the winnings, minus the stake.

You’ll usually need to make a deposit to claim a free bet, but since you can often withdraw your deposit following the use of the free bet, it truly is free.

Popular Sports to Bet on in New Mexico

The majority of online New Mexico sports betting sites offer 20 or more sports to bet on – this obviously depends on the season and sporting calendar. That means there is rarely a shortage of great sporting events to wager on. However, some are certainly more popular than others.

Score a Touchdown with NFL Betting

New Mexico doesn’t have a team, but the NFL is still pretty big. With long games and plenty of short plays, NFL is perfect for live betting. You’ll also find that most online bookies in New Mexico will offer upwards of 70 prop bets for a single regular match of the NFL season.

Nail a Slam Dunk with NBA Betting

Want to place some prop bets on Andre Roberson? Then a New Mexico sportsbook is the way to go. Offshore gambling sites offer loads of prop bets for a single match and many even let you bet on the NBA draft.

Belt a Homer with MLB Betting

Throughout the Major League season, you’ll find games on almost every day of the week. So much play means there is always a match to bet on. MLB is also good for live wagering with games lasting several hours. Over/Under betting is a common bet type by predicting the score.

Bet on the Puck Line with NHL Betting

There are tons of exciting bet types for NHL betting at online sportsbook sites in New Mexico. Bettors can wager on the Puck Line, create large parlays, or enjoy a number of lucrative prop bets. With so many 7 game playoffs towards the end of the season, NHL can be seriously fun to wager on.

NCAA Football

While retail sports betting hasn’t been affected much by the lack of legislation in New Mexico, there is one limitation – tribal casino sportsbooks won’t let you bet on college football. This means to bet on the Lobos, you’ll need to head to an offshore bookie.

NCAA Basketball

The same NCAA restriction applies to basketball as it does football. If you want to back the Lobos in the mountain west conference or any other intercollege match, you’ll need an offshore sports betting site. You can bet on the winner or there are usually handicap markets too.

Go Under Par with Golf Betting

New Mexico sportsbook platforms cover all the majors including the US Open, Masters, and PGA Tournament. You could just back a winner when betting on golf, but handicap wagering is where serious value can be found.

Have a Flutter with Horse Racing Betting

There are so many ways to bet on both local and international horse racing in New Mexico. Racebooks offered by offshore New Mexico sports betting sites like BetOnline or Xbet cover basic wagers but also plenty of exotic wagers like exactas, trifectas, and daily doubles.

Pick the Ultimate Team with DFS

Daily Fantasy Sports betting is legal in New Mexico, and you can head to platforms like DraftKings to start building your star lineup in numerous sports such as NFL, NBA, and MLB.

Live Betting with New Mexico Sports Betting Sites

Live betting is one of the fastest-growing sectors of the sports betting industry and more bettors are choosing to bet live rather than placing pre-match wagers. You can bet on almost any sport live at offshore sports betting sites in New Mexico and some events can even be live-streamed.

While every New Mexico sportsbook in our top 10 offers live betting, we think XBet is one of the best owning to a fast and responsive betting platform that means you’re likely to grab the best odds.

How New Mexico Sports Betting Compares to its Neighboring States

In New Mexico, you need to go to a tribal casino to find a sportsbook as their unique compacts have allowed them to offer sanctioned sports betting. However, not everyone lives near a tribal casino. If that feels like a trip too far, you can head to a neighboring state.

Arizona sportsbooks are legal, and they even offer collegiate sports. Colorado is another state that offers licensed sports betting – including NCAA betting – and there are numerous casinos with sportsbooks.

Casinos with Sports Betting in New Mexico

The best way to legally bet on sports in the Land of Enrichment is at a retail sportsbook in New Mexico. These sportsbooks are located within five tribal casinos. It all began when Santa Ana Casino started taking bets without authorization and the state of New Mexico has allowed tribal casinos to do so ever since.

Santa Ana Casino exterior

Santa Ana Casino

  • Address: 54 Jemez Canyon Dam Rd, Bernalillo, NM
  • Opening hours: 08:00 – 04:00

The very first casino in New Mexico to take a sports bet, Santa Ana Casino helped create the bizarre legal grey area that now exists in New Mexico. Besides a retail sportsbook, Santa Ana Casino also features table games and more than 1,600 gaming machines.

Hilton Buffalo Thunder Casino

  • Address: 20 Buffalo Thunder Trail, Santa Fe, NM
  • Opening Hours: 08:00 – 02:00 (04:00 on Fri/Sat)

The Hilton Buffalo Thunder Casino features a beautiful golf course, and it truly is an amazing getaway. You can play 1,200 slots, 19 Keno games, and the 70,000 square feet of gaming floor features a high slot area. The Hilton Buffalo Thunder Casino even boasts a dedicated racebook.

Inn of the Mountain Gods

  • Address: 287 Carrizo Canyon Rd, Mescalero, NM
  • Opening Hours: 24 Hours

Boasting fishing, golf, and a spa, who wouldn’t fancy a stay at this luxury resort and casino? Among the amenities is a massive casino featuring a dedicated poker room and numerous table games. The sportsbook is open until 8 pm on weekdays and 11 pm over the weekend – enjoy 12 HD screens and technology provided by William Hill.

Isleta Resort & Casino

  • Address: 11000 Broadway Blvd SE, Albuquerque, NM
  • Opening Hours: 07:00 – 02:00

You can host your wedding at the Isleta Resort & Casino, or you could enjoy more than 400 slots games, a high-limit room, and a sportsbook that features a dedicated sports bar. The sportsbook is open until midnight on weekends too.

Route 66 Casino

  • Address: 14500 Central Ave SW, Rio Puerco, Albuquerque, NM
  • Opening Hours: 07:00 – 02:00

A land-based casino that actually offers a decent bonus once in a while, Route 66 Casino is also the home of the world-famous Laguna Burger. While you wait for your burger to be prepared, you can enjoy over 1,000 slot titles and plenty of casino tables. The sportsbook features multiple wagering options.

Conclusion

With loads of betting features, competitive odds, responsive live betting, and multiple ways to bank securely, BetOnline is our pick as the best online sportsbook in New Mexico. BetOnline scored highly against all our key metrics including security, odds, event coverage and more.

New Mexico Sports Betting FAQs

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