Legal Online Sports Betting

The Supreme Court’s decision to strike down the federal ban on sports betting in June 2018 has given states the power to decide whether or not to legalize online sports betting. While some states have made significant progress, others are mired in disagreements.

The biggest issue for most states is money. They want to maximize tax revenue while ensuring that legal products are priced competitively with the illegal market.
New Jersey

When it comes to legal online sports betting, New Jersey is a leader in the industry. In just a few short months since the Supreme Court overturned the federal ban on sports gambling (PASPA), the Garden State has generated more betting handle than any other market.

The NJ online sportsbook market is highly competitive, allowing bettors to shop and secure the best prices for all their wagers. The most popular wagers include straight bets on which team will win a game, parlays and total points/goals lines.

There are also multiple types of prop bets and in-play betting options. The list of accepted sports includes professional and college teams as well as international events and seasonal awards.

Bettors can deposit funds using a variety of methods, including credit/debit cards and PayPal. Withdrawals can take anywhere from 1-5 days, depending on the method used. However, the quickest option is casino cage cash or casino prepaid cards, which transfer funds instantly. Some online sportsbooks even offer a mail-in check option.
Ohio

Ohio has been waiting for the moment to become a national hub of sports gambling, and the state finally rolled out its first legal online sportsbooks on January 1. There’s a lot to take in, from large welcome bonuses to primetime football games and winter sports.

The state’s law is designed to allow sports bettors 21 and older who are physically located within Ohio’s state lines to wager on all professional-level domestic and international team, individual, and 해외배팅사이트 college sports. It also requires that online sportsbooks install geolocation software to ensure they’re only accepting wagers from residents in the state.

The Ohio Casino Control Commission accepted applications for licenses over the summer, and dozens of retail and online sportsbooks have thrown their hats in the ring. A total of 67 licenses will be available, with 25 reserved for online sportsbooks and 42 for brick-and-mortar retail sportsbooks.
Tennessee

Legal online sports betting in Tennessee is a relatively new market and has had to overcome some challenges. While the state does not have any casinos, it does have minimal gambling options, including the state lottery and daily fantasy sports (DFS).

It was not until July that the first licensed operators began offering online wagers to TN bettors. Several operators applied for licensing and the lottery approved DraftKings, FanDuel, BetMGM and Action 24/7 to launch their online sportsbooks on November 1.

One of the biggest concerns for Tennessee bettors was a proposed 10% hold, or a payout cap, that would limit a sportsbook’s ability to pay out 90% of its wagers. This is significantly higher than the national average and can impact pricing and odds for bettors.

Fortunately, this rule was eventually reversed and sports betting went live for real money in Tennessee on Nov. 1. The state government also created a nine-member sports betting advisory council to oversee regulation of the industry. This group is tasked with monitoring and auditing all legal sportsbooks in the state.
Virginia

The legalization of online sports betting in Virginia is one of the most dramatic policy shifts in recent history. It was passed in April 2020 and became effective on July 1.

The state is home to several major college teams, including the University of Virginia and Virginia Tech. These teams have a strong fan base, and their fans will likely be among the first to make wagers at any Virginia sportsbook.

A commissioned study found that Virginia could generate $400 million in additional annual revenue from a mature sports betting market. This is a significant amount of money for the state to recoup, especially considering the lack of other gambling options in the area.

Like other states, Virginia has several licenses that allow land-based sportsbooks to operate. These include five casino licenses and two sports franchise licenses. The latter provision is unique, as it allows any major sports team that relocates to Virginia or has enough employees paying Virginia income tax to apply for a license.
Michigan

Michigan is one of the most well-rounded markets in the country, offering sports betting, online casinos and poker. In fact, it became the first state in the US to legalize these activities.

The state’s two Detroit-area casinos, Greektown Casino and MGM Grand, offer in-person sports betting, and the Motor City Casino offers online betting. A few tribal casinos are also licensed to operate a sportsbook.

There are several online sportsbooks in the state, including BetMGM, DraftKings, PointsBet, and FanDuel. They offer a wide variety of betting options, and are all licensed by the Michigan Gaming Control Board (MGCB).

While Michigan’s legal sports betting industry is still young, there are already plenty of live apps in the market, thanks to a strong mobile presence. This will only get stronger as more of the state’s commercial casinos and Native American tribes launch their own sportsbook apps.

The NBA is a big source of bets in the state, with the Detroit Pistons and Detroit Red Wings both offering betting. The Red Wings have won 11 Stanley Cup championships, making them one of the most successful teams in North America.
Mississippi

Mississippi was one of the first states to legalize sports betting after the federal ban on it was repealed in 2018. Two casinos, Beau Rivage in Biloxi and Gold Strike in Tunica, became the first to accept sports bets. Dozens of others have followed suit since then.

Currently, sports betting in Mississippi is only allowed on the premises of licensed casinos. However, that may change if lawmakers pass legislation authorizing mobile betting in the state.

There are a variety of betting options at retail casinos in Mississippi, including moneyline bets, Over/Under totals, point spreads, parlays and more. Many casinos also offer other types of wagering such as futures and teasers.

Some of these betting options are available on your smartphone or computer from any location within the state. Some casinos may even allow you to register before visiting the casino in person.

Mississippi is a great place to bet on collegiate sports as well as professional ones. It is home to the Ole Miss Rebels and Mississippi State Bulldogs programs, both of which have big-time football teams in the SEC.
Washington

For decades, America has had a rigid anti-sports gambling stance. However, that changed in May of 2018. Thanks to a landmark decision by the US Supreme Court, every state has the right to write their own sports betting laws.

The state of Washington is one of the few states that have not legalized sports betting. This is because of the Professional and Amateur Sports Protection Act, which prohibits betting on single games.

However, the federal law was repealed by the US Supreme Court in May of 2018. Since then, several states have legalized sports betting.

The state of Washington is one of the few that hasn’t yet legalized online sports betting. The reason for this is because online gambling is a crime in the state.
D.C.

Whether you’re at home or traveling to Washington, DC, you have several options for legal online sports betting. You can use the DC Lottery’s Gambet DC app, or you can place a bet at a sportsbook based in the District.

DC sports betting is regulated by the Office of the Lottery and Gaming (OLG). It’s possible to bet on all major US sports, including football, basketball, baseball, hockey and soccer.

It’s also possible to bet on a wide range of international sporting events. However, there are a few restrictions to keep in mind.

For instance, you can’t place bets on any DC-based college teams or on collegiate events that take place inside the city limits of Washington, DC.

Additionally, you’re not allowed to bet on horse racing or on any sports events involving players under the age of 18. In addition, you can’t bet while you’re on federal property like the White House or the Washington Monument.

DC-based sportsbooks include Caesars, BetMGM and FanDuel. Each of these is partnered with one of the capital’s professional sports franchises and is licensed to operate from their stadium’s location within two-block perimeter zones, either via physical terminals or betting apps.