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despite having no professional sports teams that call new mexico home, there is still a thriving sporting fanbase. this means that online betting california cannot bet on any college that is based in new mexico, including the university of new mexico, new mexcio state, and others. if the favorite wins by that amount or more, or "covers the spread," that bet wins. prop bets – bets on things that don't necessarily determine the outcome of a game. online betting california can range from how many points an individual player will score, to the more whacky. is sports betting legal in new mexico? yes! sports betting is legal in new mexico, but.