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Legal Sports Betting in the United States

Sports betting has had an on-again, off-again relationship with the United States, but the Supreme Court’s 2018 repeal of 1992’s Professional and Amateur Sports Protection Act (PASPA) has yielded a sharp rise in US sports betting activity.

Now, each state and territory can determine the legality of wagering on sports for itself. As a result, over 30 states and the District of Columbia have legalized and regulated it. Roughly two-thirds of those states also allow online sports betting, with Tennessee exclusively operating online.

With ample opportunity for business, many recognizable brands have moved into the space. Notable names rose from the fantasy sports industry in DraftKings and FanDuel, as well as traditional casinos like Caesars, MGM, BetRivers, and more.

 

Best Sports Betting Apps & Sites

Caesars Sportsbook

DraftKings Sportsbook

FanDuel Sportsbook

BetMGM Sportsbook

PointsBet Sportsbook

 

How to Place a Sports Betting Wager

Sportsbooks make it a straightforward process to utilize their app or site to place your bets, and we’re happy to assist you in getting going.

1. Navigate our menu of legal, licensed, and regulated sportsbooks for verified sportsbooks available in your state.
2. Register an account with your information, utilizing the promo codes we’ve presented here for the best signup bonus.
3. Once your account is created and verified, then you’ll deposit money via accepted credit/debit cards, PayPal, Bank Transfer, and more. Your account page will help track your funds, promotional dollars, and active bonuses.
4. With money available on your account, you are ready to place your bets. Choose your wager(s) from across the menu and your betslip will populate with each wager. You’ll see your odds, what you’re risking and the amount you can win, and then you’re ready to go.
5. If you would like to cash out then head back to the cashier/account page and choose which payment method you’d like to use. Be mindful that if you haven’t played through your promotional cash then it’s ineligible to be withdrawn. Most sportsbooks will use the same method that a deposit was made, bank transfers, or eChecks.

 

Advantages of Wagering through Legal, Licensed Sportsbooks

For many years, bettors in the United States would have to travel to cities like Las Vegas or Atlantic City in order to safely place a bet. Through those regulated channels, customers and institutions alike are safeguarded against fraud or either party not abiding by the agreed-upon wager. Bettors are customers and as such, you will want your funds and data properly protected.

However, this is a huge industry with lots of money moving through it. Illegal bookmakers could operate locally and crime syndicates ran larger rings. The United Nations reported in 2021 that as much as $1.7 trillion is bet illegally on sports each year. Then the internet gave rise to even more unlicensed sportsbooks targeting US citizens, often operating out of Costa Rica, Curacao, Panama, and Latvia.

While accessing these local bookies or unregulated sportsbooks from anywhere in the US may have been more convenient than a trip to Vegas, you have no protection from their actions or avenues for recourse. If you disagree with how a bet was settled or are having trouble receiving your withdrawn funds then you have no agency to turn to. Maybe their promo terms have some strange language hidden in the fine print that requires you to play the money over 10 times or more before it’s eligible to withdraw.

You may see language from these sportsbooks and their affiliate sites stating that they’re legal in all 50 states due to their offshore nature, but their not being licensed in the US is what makes them illegal. Unregulated, unlicensed, illegal.

 

Choosing the Right Sportsbook for You

So you’ve already checked our list of legally licensed sportsbooks that are operating in regulated states, how do you decide which one to play on? You’ll want to make your decision with a few key factors at the forefront of your mind.

Which sports do you want to be sure are available to you at this sportsbook? Or which type of wagers can be made within the market? Once you’ve narrowed down potential options to books that offer the action you want, then you should shop around for the best promo codes available to you. Luckily, we’ve got you covered there!

You will also want to be sure that the valid payment methods work for you, the support options are noted, as well as the general feel of the site or its app. You can have the nuts and bolts covered, but bettors should also have an easy, comfortable experience when navigating the sportsbook. We’ve got reviews, promo codes, and more to help you make that decision.

 

FAQ - General Sports Betting

What is vigorish or “juice”?

Vigorish, also known as juice, is the commission that bookmakers charge on any bet/wager that is placed. The vig is almost always baked into the betting line so you don’t view it as a separate tax on top. The standard you’ll see is 10%, or -110, where you risk $110 to win $100. This is what allows sportsbooks to turn a profit on a game with two sides of action.

What is a moneyline bet?

A moneyline bet is the simplest wager, requiring bettors to pick the winning player/team. There are certain sports like soccer or boxing/MMA where a “draw” is an available third option as well. Choose the winner and you win too.

What is a point spread?

Instead of simply picking a straightup winner based on the scoreboard, the spread creates a margin. We can illustrate this with an NFL matchup like Patriots at Bills (-8.5) or an MLB game such as Red Sox at Yankees (-1.5). In these instances, the spread is the number and requires the Bills to win by more than 8.5 or the Yankees to win by at least two runs. Or if you took the Patriots in that case, they’d be getting 8.5 tacked onto their score at the end. Spreads with .5 on top help avoid pushes since clearly no major sporting event has points/goals/runs scored in halves.

How does over/under total betting work?

The total relates to the combined amount of points scored in the event. If the over/under line is set at 9.5 for the Red Sox/Yankees game and you take the over, then any score that totals 10 or more runs is a win for you while any score with nine or fewer combined runs is a loss. You will also see totals for specific teams in a matchup rather than the combined teams in a game.

What is a parlay?

A parlay combines individual bets into one multi-leg ticket where all bets must hit for the parlay to win. You received enhanced payout odds for the increased risk of needing more than one bet to hit.

What is a same-game parlay?

Some sportsbooks offer a selection of bets that all relate to the same game. This can range from picking the simple winner to individual player props across the board.

Why did the odds or the line move?

You are not the only one betting! As bets come in all across the market, the sportsbook may adjust their lines if they get too heavy on one side of the action. Other externalities like weather, injuries, and more can affect line movement.

How does live betting work?

As sporting events progress, sportsbooks will release updated moneyline odds, point spreads, totals, player props, and more. For instance, bettors who jumped on the Patriots when they were trailing the Falcons 28-3 in Super Bowl LI got them around +1000 to win straight up.

What is a unit?

A unit is a great way to organize your own bankroll and betting approach, as well as for writers to communicate their confidence in a bet relative to others. You may consider a unit 1% of your bankroll, 2%, 5%, whatever helps you. As a writer, I say I’ve got a one-unit play if I feel good but not exceptional about a game, but a three-unit play would be a stronger angle.

How do I determine my bankroll size?

Your bankroll should be tied to what you’re okay with losing. While one can make money, this is still gambling. Do not gamble beyond your means and what you’re comfortable parting with. Set a budget and stick to it.

 

FAQ - Sports Betting in the US

Is sports betting legal in the United States?

Yes, but not in every US state. Legal sports betting can be done in roughly 60% of the country as of January 2022.

What is the legal betting age in the United States?

If you are in a state with legal sports betting then you have to be at least 21 years of age to place a wager. There are four states where the age limit is only 18: Montana, New Hampshire, Rhode Island, and Washington.

How do I know a sportsbook is legal in my state?

You should become familiar with each state’s licensing board and gaming commission, as they will have lists of approved operators in the state.

What is an offshore sportsbook?

An offshore sportsbook is one that operates from outside of the United States. They do not have any regulatory approval from your state or the country, meaning there is more risk and no consumer protection when dealing with them.

Can I bet on sports when visiting a state with legalized sports betting?

Yes, you can place bets in states with legalized sports betting when you are within their borders. You do not have to be a resident.

Do all states have online or mobile sports betting or do I need to go to a casino?

The majority of states with legalized sports betting also approved wagering online, but states such as Arkansas, Delaware, Mississippi, New Mexico, North Carolina, North Dakota, South Dakota, and Washington do not.

How do I deposit and withdraw money from my account?

Each state and sportsbook are unique in what payment methods they allow, but most users can expect to utilize major credit cards, online bank transfers, or PayPal.

Are my sportsbook winnings taxable?

Yes, sportsbook winnings fall under taxable income in the US and must be reported. Similarly, losses can be deducted. Track your activity and be sure to consult with a tax advisor should you have any further questions.

 

US States with Live, Licensed Sports Betting

New Jersey

New York

Pennsylvania

Colorado

Michigan

Virginia

Tennessee

Iowa

Indiana

Arizona

Maryland

Louisiana

Wyoming

Ontario

 

US States Approaching Sports Betting

Florida

Delaware

Wisconsin