Nestled in the southwestern region of the US, New Mexico is a quiet state when it comes to professional sports. The state doesn’t have any professional sports teams, but it does have two Division 1 NCAA schools in the University of New Mexico and New Mexico State University. New Mexico residents can still get it on the sports betting action, despite not having any local franchises or sportsbooks, by using specific offshore sportsbooks that are legally sanctioned. These sportsbooks provide an outlet for fans to heighten their sports experience and this guide can show you how to do the same. Sports betting has both federal and state laws that regulate it, so it’s beneficial to be aware of those laws before you start betting. Using this guide, created specifically for New Mexico residents, you can learn how to safely place bets at licensed online sportsbooks accepting New Mexico residents without violating any restrictions.
Is It Legal For Me To Bet On Sports In New Mexico?
Depending on where you are considering placing your bets, it is absolutely legal for New Mexico residents to enjoy sports gambling at legitimately licensed and regulated sportsbook destinations. Understanding what is and is not legal is the key to doing this properly. While state based sports betting is banned through NM gambling laws and several federal laws, none of these regulations prohibit US bettors from engaging in licensed and regulated offshore sports betting that takes place at a legally sanctioned bookmaker operating offshore. We look into the relevant laws in more detail below.
Most Reputable Sports Betting Sites Accepting New Mexico Residents
There are a lot of sportsbooks out there. These ones included in this list are our picks for the most trusted, high quality and secure sportsbooks for New Mexico residents. These sportsbooks are all legally licensed and regulated in a legitimate jurisdiction outside of the US. They offer a strong security system that protects your personal and financial information. They also offer bonuses, mobile betting and other perks for their bettors. These sportsbooks are accustomed to US bettors and have built themselves to be trusted and reliable.
| Logo | Site Name | Bonus | Rating | USA | Visit Site |
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Betonline Sportsbook | 50% Max $2500 |  |
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Visit Site |
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Sportsbetting | 75% Max $1000 | |
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Visit Site |
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Bovada Sportsbook | 50% Max $250 | |
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Visit Site |
How State and Federal Laws Regulate Sports Betting in New Mexico
While sports betting is never specifically mentioned in New Mexico state law, it could be inferred as a wager dependent upon chance, which is mentioned. However, this ruling would only apply to New Mexico based sportsbooks or bookies. The state laws in New Mexico only allow gambling that has been authorized by the state; sports betting is not one of these forms of gambling. State law also restricts people from operating or engaging with sportsbooks within state borders.
The Professional and Amateur Sports Protection Act banned sports betting in 46 states across the country, including New Mexico. PASPA was passed in 1992 in order to stop the spread of legalized sports betting in the US. It prohibits New Mexico from hosting Nevada-style sportsbooks and state-sponsored sports betting (with the lottery, for example).
The Federal Act restricts placing bets with US-based sportsbooks while UIGEA monitors transactions between banks and gambling outfits. The important thing to note, with both the state and federal laws in place, is that they pertain to strictly US-based sports betting. The offshore sportsbooks that we’ve suggested for New Mexico are outside US jurisdiction and unaffected by the laws in place. There are no laws against betting with these sites for New Mexico residents.
Popular Sports Teams To Bet On In New Mexico
New Mexico lacks any professional major league sports franchises. They do have two NCAA Division 1 programs with the University of Mexico in the Mountain West Conference and New Mexico State in the WAC. NCAA sports are eligible for betting through these online sportsbooks.
Popular College Sports Teams in New Mexico
University of New Mexico Lobos
New Mexico State University Aggies
FAQs About Betting On Sports
How Are These Sportsbooks Different Than The Ones Found In Nevada?
There are a few things that are different between Nevada’s brick and mortar sportsbooks and the online bookmakers. For one, online sportsbooks often provide an attractive welcome bonus and reload bonuses to boost your betting power. The Vegas bookmakers do not offer these types of incentives. Another difference is the sheer range of betting lines and wagering options. Online sportsbooks cover a wide host of sports categories and teams and events from all over the world. The lines are far more limited at brick and mortar sportsbooks. And of course there is the obvious difference, convenience. You can bet online from your computer or mobile device, anytime of the day or night, including live in play betting.
Do I Have To Enter My Credit/Debit Card Information?
Not unless you choose to use your credit/debit card to make a deposit. You don’t have to enter any financial information upon making an account. You only have to enter financial information when you make a deposit and there are other options available to you other than your credit card. There are a lot of individuals who are not comfortable using their credit/debit cards for international purchases, so alternatives such as Bitcoin or money transfer are viable choices.
What Other Deposit Options Are Available?
If you would rather not use your credit or debit card you can make a deposit in several other ways. These include wire transfers through services like Western Union, cashier’s check, Bitcoin and more. Check with the sportsbook to see what options are available because deposit methods vary with the sportsbook you bet with.
What is Bitcoin And How Does It Work?
Bitcoin is an online currency that has become one of the best ways to make transactions online. Bitcoin is a safe technology that has gained a reputation for security and privacy. Bitcoin does not require you to input any of your personal or private information when making a transaction. All Bitcoin transactions are done using two keys—a public key, visible to everyone, which is your Bitcoin address and a private key that is only known to you. When sending a Bitcoin, a combination of your public and private keys together is your signature.
Are Offshore Betting Sites Safe For New Mexico Residents To Use?
Yes. New Mexico state laws don’t say anything about betting with offshore sportsbooks. They only regulate sports betting within state borders. The offshore sportsbooks we’ve suggested are outside the jurisdiction of the federal laws in place too, as those only apply to US-based sportsbooks. These sportsbooks are legally licensed and certified to accept bets from US residents. In addition to be legally safe, these sites also employ state of the art security profiles that include advanced data encryption, a secure environment for their servers, firewall and antivirus protection and fraud-prevention technology.
What Bonuses Are Available At Online Sportsbooks Accepting New Mexico Bettors?
Bonuses are extra funds that are applied to your account when claimed. There are variety of bonuses available, including introductory bonuses, seasonal promotions, refer-a-friend bonuses, reload bonuses and more. Bonuses are offered throughout the year, so there is always an incentive to place bets. Most bonuses are match deposit offers in which the sportsbook agrees to match a certain percentage of your deposit up to a designated maximum.
What Sports Can I Bet On?
You can place bets on games in the NFL, NBA, NHL, MLB, NCAA and even international leagues. You can also bet on races, boxing, tennis, golf, water sports, MMA matches, cricket, darts, cycling and much more. These sportsbooks provide bettors with a significant amount of options to place as many bets as possible.