Legal Sports Betting For New Mexico Residents
Legal sports betting for New Mexico residents can be found. Due to several federal laws, however, NM residents only have a couple of choices available to them. Residents can either travel to Nevada to place their bets at a sportsbook located in a Las Vegas casino, or they can log on to an online, offshore sportsbook from the comfort of their own home. These legal New Mexico sports betting sites are based in other countries, which means they do not fall under the jurisdiction of US state or federal laws. Currently, there are no federal laws that prevent the act of betting. Rather, they simply limit how legal online sports betting can be done and where it can be done. It is our determination, after thoroughly examining the federal sports betting laws and the current New Mexico Penal Code, that legal New Mexico sports betting can be carried out at online, offshore sportsbooks. We explain everything you need to know below, as well as recommend the best books around.
Yes, online sports betting is legal in New Mexico, thanks to the total lack of laws against online gambling. New Mexico residents will find that they are free and clear to place bets at the online sportsbook of their choice. For fully legal New Mexico sports betting sites, residents will have to use online sportsbooks located in other countries. This is due to several federal laws like PASPA and the Wire Act that prevent land-based sports betting from occurring in New Mexico.
Sports Betting Laws in New Mexico
We have scoured the New Mexico penal code from top to bottom, and you will be happy to know that there are no sports betting laws in New Mexico. In addition to this, the state government has yet to address the issue of online gambling, either. Because of this, we have determined that legal New Mexico sports betting can be done under current state laws at online sportsbooks. These books will have to be based overseas, though, to remain within the legal confines of federal law, as well. Online, offshore sportsbooks are incredibly safe to use.
The simple answer to this question is that no, you will not go to jail for online sports betting in New Mexico. Since there are no laws to prevent online gambling or sports betting in the state, there is no basis for criminal charges. Furthermore, there has been no history of even a single arrest in the state of New Mexico for betting on sports online. Believe us when we say that online, offshore sportsbooks constitute the best form of legal New Mexico sports betting.
Bovada is the one sportsbook we had always harked on for our gaming, as they offer some of the best betting options around. Bovada gives their players access to betting lines covering every possible sport, with various bet types also available. Straight wagers are available to be placed on the money lines, spreads, total scores and more, but you will also be able to wager on parlays, props and pleasers/teasers. Bovada gives their players a solid 100% to $250 match bonus, which makes for one of the best sports betting bonuses around. They provide their players with this bonus through any funding option, be it VISA, Bitcoin, or wire transfers. Rapid withdrawals, secure transactions and instant deposits come by way of Bovada's betting site. If you decide to join up with Bovada, you will be joining a sportsbook that has been around for over 15 years.
BetOnline's generosity is unrivaled in the industry. Between their initial sign up bonus and their odds, BetOnline hands out more money than most other betting sites. BetOnline's initial deposit bonus offers up to $2,500 in free cash, matched at a rate of 50%. You can take this money to most of their betting lines, of which there are many. BetOnline gives their players a substantial set of betting odds, and this covers over 8 different sports and events. All wager types are covered, both straight and exotic, and this is one of the main reasons we prefer BetOnline above any other. Depositing is easy with a VISA card, though prepaid cards, Bitcoin, wire transfers and bank drafts are also available. BetOnline has given our readers some of the most profitable odds to ever reach a sportsbook, and this is why we favor them above most others.
5Dimes is another of the most famous sportsbooks, and we implore you to give them a run for your money. 5Dimes has brought their players quite a few different advantages, which includes a powerful betting interface, betting trends, easy deposits, and substantial bonuses and promotions. Their bonuses and promotions offer a 50% Bonus up to $200, and 20% bonus up to $500 and beyond,, while there are also special promotions that can come with some extra winnings. 5Dimes has undoubtedly proven to be the most advaned betting site in terms of technology, offering easy access to betting trends, a betting card that shows you all of the odds in different formats, all the while handling the math for you, and even a mobile gambling site. Accessible from most smart phones, this mobile betting site will let you wager anytime, anywhere.
There are three federal laws that impact legal sports betting in New Mexico. The first is the Professional and Amateur Sports Protection Act, more commonly referred to as PASPA. This law prevents states from regulating sports betting on their own. Without regulatory authority, there can be no legal state-licensed sportsbooks. The only state that can offer a full range of legal sports betting under PASPA is Nevada.
The second federal law that impacts legal New Mexico sports betting is the Wire Act. This law states that no one can take a wager that is placed over a line of communication. This prevents wagers from crossing state lines, and prevents someone in New Mexico from using an online sportsbook based in Nevada. Neither the Wire Act nor PASPA prevent betting. Rather, they limit where it can be done.
The third and final sports betting law is called the Unlawful Internet Gambling Enforcement Act, or the UIGEA. This law prevents operations from processing transactions or accepting wagers placed by US residents. While the banking side of this law can be carried out, the UIGEA does not have the authority to prevent overseas sportsbooks from taking wagers from US bettors. So the UIGEA is just a scary sounding banking regulation that occasionally declines credit card deposits at legal New Mexico sports betting sites.
In New Mexico, legal sports betting can be done once you’ve reached the age of 21. In fact, gambling of any kind in New Mexico can only be done once you turn 21. Make sure that when you sign up for a legal New Mexico sports betting site, you have the proper proof of age.
Yes, you can bet on sports from a mobile device. Almost all online sportsbooks have created a corresponding mobile site that allows you to do everything you would on the computer directly from your phone or tablet. Using a mobile betting site sometimes come with extra bonuses, depending on the sportsbook you use. All of the legal New Mexico sports betting sites recommended on this page have mobile betting sites.
How Do I Know if a Sportsbook Accepts Bets from New Mexico?
You will be able to tell if a book accepts New Mexico residents by heading to its about page. When you get there, check to see if the book accepts US bettors. If it does, it means you’ve successfully found a legal New Mexico sports betting site. This is because any sportsbook on the Internet that legally takes US bets will take bets from New Mexico citizens.
What Should New Mexico Residents Look For In An Online Sportsbook?
Residents should look for a legal New Mexico sports betting site with a good reputation, a large selection of wager types, and high-end security features. In addition to this, since online books are competing for your business, look for a book with good promotional offers. A generous welcome bonus, free play credits or reduced juice, and deposit bonuses are good things to look for in a legal New Mexico sports betting site.
Do All Sportsbooks Have The Same Bonuses?
No, not every online sportsbook has the same bonuses. Most will offer a welcome bonus, but only the best go beyond that. Some books will offer free play credits for trying out new features like live betting or mobile betting. Others will offer reduced juice on certain gamelines. A full list of sportsbook bonuses can be found on the promotions page.
- University of New Mexico
- New Mexico State University