Online sports betting in the U.S. is available in several states since the federal ban on sports betting was lifted in 2018. There are 26 states that have legalized sports betting and over a dozen of them have given the green light to online sportsbooks and apps.
Each state has different rules on how these apps operate, who can operate them, and how many companies can operate them.
Which States Have Legal Online Sports Betting?
Currently, a total of 14 states have legal online sports betting. These states span across the U.S. and Florida, Texas, New York, and California are still waiting on legislative efforts to be able to launch their own online betting websites.
States that have legalized online sports betting today:
- Illinois (remote registration, subject to change)
- Iowa (In-person registration until January 1, 2021)
- Nevada (In-person registration)
- New Hampshire
- New Jersey
- Rhode Island
- West Virginia
It’s worth noting that Washington D.C. has also legalized online sports betting within the district and their lottery run platform is now live. Michigan and Virginia are still waiting to launch online sportsbooks and Tennessee went live in November, 2020
South Dakota voters legalized sports betting on their November 2020 ballot. Maryland and Lousiana voters followed suit but the specifics surrounding the sports betting regulations will need to be written during the 2021 legislative session.
Here are our online wagering partners in New Jersey:
There have been many other states that have considered legalizing online sports betting in the past but for some reason weren’t able to get it done the first time. These states will likely bring up the topic again.
States likely to legalize online sports betting:
Best U.S. Online Sportsbooks
The best U.S. online sportsbooks vary from state to state, have differing odds, and different overall user experience. But, one thing they do have in common is that they are legal and safe to use in the states that they are regulated in.
Most popular online sportsbooks in the U.S.:
- DraftKings (Legal in N.J., PA, IN, IA, N.H., CO, IL, W.V.)
- FanDuel (Legal in N.J., PA, IN, IA., CO, IL, W.V.)
- BetRivers (Legal In N.J., PA, IN, CO, IL, IA,)
- BetMGM (Legal In N.J., W.V., CO, NV, IN)
- William Hill (Legal in N.J., NV, IA, R.I.)
- PointsBet (Legal In N.J., IA, IN )
- BetAmerica (Legal in N.J., IN, PA)
- FOX Bet (Legal in PA, CO, N.J.)
- Caesars Sportsbook (Legal in N.J., PA, IN)
- Bet365 (Legal in N.J.)
The finer details of these sportsbooks can be read in their reviews. There are many other sportsbooks that have entered the U.S. online sports betting market, but the ones listed here feature all the options that sports bettors love.
What Do You Need To Sign Up To An Online Sportsbook?
The process you’ll need to sign up for an online sportsbook in the U.S. depends on the state you’re in. For states like Iowa and Nevada, you’ll need to register for an online sportsbook at the site’s partnered casino sportsbook. For all others, you can sign up from home.
One thing that remains the same with all states is that you’ll need to have proof of I.D. in order to comply with the state’s legal betting age.
You’ll also need to verify your location since you have to be located inside certain states in order to use their online sportsbook.
Once you give the sportsbook your email and basic personal information you’ll need to choose a deposit method. Once you get funds into your account you can start betting!
How To Get A Promo Bonus From A U.S. Sports Betting Site
Getting a bonus from an online sportsbook often requires more steps to take than the advertisement would lead you to believe, which is why it’s crucial you read the terms and conditions before trying to claim a bonus.
Often times you’ll be rewarded with a risk-free bet or a deposit match bonus for the first bet you make or the first deposit you make into your account.
The bonus amount of money you get is not redeemable immediately.
Instead, you’ll have to bet through the full amount at least once before you can withdraw those funds. This is a way to prevent people from making an account just to take out their free money and then terminate their account.
This leaves the possibility of you losing your bonus on other bets, but the fact that you have the opportunity to bet with any free funds at all is worth looking into.
How To Deposit And Withdraw From An Online Sportsbook In The U.S.
The deposit and withdrawal options will depend on the sportsbook you use and the state you live in. But there are common ones you’ll see across the board.
The most popular deposit options for U.S. sportsbooks are:
- Credit/Debit card
- Players Card (Provided by specific Sportsbook)
- PayNearMe (in-person cash deposits at select 7 Eleven locations)
- Cash at the casino cage
- E-Wallet (Skrill or PayPal)
Every one of these options puts funds into your account almost immediately. The minimum and maximum amounts you can deposit also depend on the sportsbook but the lowest deposit you can make on average is $5. The maximums can change if you contact the sportsbook.
When it comes to withdrawals the options are a bit more limited and the payout times will take longer to hit your bank account.
The most common withdrawal options for U.S. betting sites are:
- Players Card
- Cash at the casino cage
- E-Wallet (Skrill or Paypal)
The fastest of these options is often the ACH as it goes straight to your bank account. The slowest would be getting a check as this option can often take up to 72 hours or longer to hit your mailbox.
How do you bet on sports? Whats lines and odds do you focus on?
U.S. Online Sports Betting FAQs
Can I Use An Online Sportsbook Based In Another State?
No. If you live in a state that has not yet legalized sports betting then you must travel to a state that has in order to place a bet.
Are There Any Federal Laws For Online Sports Betting?
There are two federal laws concerning online sports betting and those are The Unlawful Internet Gambling Enforcement Act (UIGEA), and the Wire Act. The UIGEA prohibits banks from knowingly accepting or transferring money to an unregulated gambling website while the Wire Act prohibits online sportsbooks in the U.S. to accept bets from people outside the state in which it is regulated.
Are Offshore Sportsbooks Safe To Use?
The answer to this question is both yes and no. Many state laws don’t outright prohibit offshore sportsbooks. However, since they are not regulated, in the event that you aren’t able to collect your winnings there are no authorities you could go to in order to resolve the matter. This leaves your money at risk every time you bet.
Do I Have To Pay Taxes On My Online Sports Betting Winnings?
Yes. Just like if you went to a casino, you will have to report your online sports betting winnings on your taxes the following year.
What sports betting is allowed in each state?
Following the PASPA ban, we are going to see each state progress in a different way because local lawmakers decide on what type of betting will be available to their residents.
As Justice Alito puts it when delivering the court’s opinion “Americans have never been of one mind about gambling” and this is as true today as it has ever been.
Major League Sports Betting
So, if you are interested in placing a wager on sports, here are some of the more popular sports punters bet on in the U.S.
Betting on games in the NFL
One of the great features of the NFL is the sheer number of betting opportunities that it creates. Popular bets include the moneyline bets where you predict the outcome of the game, NFL totals where you bet the final score will go over or under a predetermined amount.
Other popular NFL bets include prop bets, such as how many passing yards or touchdowns a quarterback will make; these are extremely popular during the Super Bowl where online bookmakers almost always have several special offers.
Parlay bets are also common in NFL betting, as are futures, the latter revolving around something that will happen in the future like winner of a particular conference, a team reaching the playoffs, and the team who wins the Super Bowl.
Sports betting in the National Hockey League
Betting on NHL gives you ample opportunities to place wagers thanks to the massive number of matches taking place during the season. You can make NHL prop bets based on teams, individual games, and season outcomes.
Other NHL bets that are popular are the futures market, parlay betting, and live betting where you can place bets while the action unfolds in front of you.
NHL betting on individual matches differs from other American sports in there are two types. There is the moneyline where you simply predict the outcome of the game and the Puck Line, also known as the Canadian line, where the favored team is normally given a spread of 1.5 goals.
Sports wagering in the NBA
NBA lends itself to betting and there are dozens of different bets to make during a typical game or season.
The most popular NBA bets are the points spread bets where the favored team starts with a points deficit that they have to win by in order for your bet to payout. These points spread bets even up the teams and generally sees both teams start at the same price.
Moneyline betting is a straight bet on the outcome of the game where the favored team will have a shorter price than the less fancied teams.
Also, look for NBA Total bets where you bet on the over/under of a predetermined overall points tally in the game, prop bets, parlay bets and futures bets such as who the NBA MVP will be, the winner of each conference and the overall NBA Finals champions.
Placing bets on MLB games
If you thought the NBA played a lot of games during a season, wait until you check out MLB betting because those guys manage to fit in 162 regular-season games between the first Sunday in April and the first Sunday in October! Imagine how much MLB betting you can do!
Ten teams progress to the postseason playoffs once the regular season is completed and four rounds are played culminating in the World Series a best-of-seven series between the pennant winners in each league.
MLB Run Line betting is popular with sports bettors because it gives the favored team a run deficit it must make up in order for the bet to pay out, evening the game significantly. You can also bet on the MLB moneyline which is a straight bet on who will win the game, parlay betting where you choose several teams to win, prop betting, and futures betting.