Every online sports betting site in IN offers the ability to place bets not only at home but also on the move using a mobile sports betting apps. The majority of online sportsbooks in Indiana give first-time players either bonus bets or deposit bonuses which is a must to take advantage of when betting on sports.
The welcome deposit betting sign up bonuses will help you to enlarge your bankroll and the free sports bets are usually a gift just for signing up and requires no deposit. Players should use them to do a few test sports wagers and familiarize themselves with a particular sports betting site’s interface.
Sports Betting In Indiana
Online sports betting IN is available for the top professional leagues like NFL Football, MLB, NHL, NBA, MLS, plus Formula1, Boxing, PGA Tour, and more.
Most sports bettors use three categories to decide which sportsbook in the Hoosier State they should join:
- Betting Promotions In A Form Of Bonus Bets Or Signup Bonuses Offers
- Best Sports Betting Apps To Place Wagers Online In Indiana
- Types of Sports Bets You Can Place At IN Sports Books
Can I Sports Bet Online In Indiana?
Yes, it is 100% legal to place bets with online sportsbooks in Indiana. State lawmakers regulated online sports betting on September 1, 2019, with the market going live the following month.
Where Can I Place A Bet?
You can place bets with any regulated, licensed online sportsbook in Indiana. Alternatively, you can also wager on sports at any of the 13 land-based licensed casinos or three OTBs. State law allows each of these venues to hold up to three licenses to operate an online sportsbook. Here are the 13 land-based casinos where you can place a sports bet:
- Indiana Grand Casino in Shelbyville
- Ameristar Casino in East Chicago
- Hollywood Casino in Lawrenceburg
- Horseshoe Hammond Casino
- Blue Chip Casino in Michigan City
- French Lick Casino in French Lick
- Belterra Casino in Florence
- Horseshoe Southern Casino in Elizabeth
- Tropicana Evansville casino
- Harrah’s Hoosier Park in Anderson
- Winner’s Circle locations in Downtown Indianapolis, New Haven, and Clarksville
Indiana Sportsbook List
Do You Have To Live In Indiana To Bet Online?
No, state law does not require you to reside within the Hoosier state to bet on sports. However, you must physically be within state borders and be 21 or over before you can legally place an online sports wager.
Are Online Sportsbooks Legit?
Yes, IN online sportsbooks are completely legit since the regulation of sports betting in 2019. It is 100% lawful to operate state-licensed sportsbooks in Indiana. To ensure it is fully legit, the sportsbook must hold a license approved by the Indiana Gaming Commission (IGC), which regulates all forms of gambling including sports betting in the state.
Can I Win Real Money At An Online Sportsbook?
Yes, state law allows you to legally wager real money on sports at Indiana online sportsbooks, in return, you also win real money. In fact, Indiana saw wagering close to $500 million within the first four months after the state legalized sports betting.
Indiana Sports Betting Sites
BetAmerica
BetAmerica is a well-known gambling entity that is involved with casino gaming, sports betting, and horse racing. The sportsbook entered the Indiana market in January 2020 and offers both US and international sports markets.
BetRivers Sportsbook
With its October 3, 2019, state-wide launch BetRivers became the first sportsbook to go live online in Indiana. Owned by Rush Street Gaming, BetRivers operates in Indiana via a partnership agreement with French Lick Casino. The sportsbook utilizes a software platform developed by the Kambi Group, a specialist sports betting technology services provider to the gambling industry.
BetMGM
At the start of February 2020, BetMGM online sportsbook went live in the Hoosier state. Partnering with Belterra Casino, one of Southern Indiana’s premier casinos, BetMGM looks to deliver a fantastic sports betting experience, much like it does in other states.
Software developed by parent company GVC Holdings powers its online sportsbook platform.
Caesars Sportsbook
Powered by Scientific Games, Caesars opened the doors to its online sportsbook in Indiana on May 10, 2020. Partnered with Horseshoe Casino Hammond, Caesars Sportsbook offers a unique rewards program.
DraftKings Sportsbook
On October 3, 2019, DraftKings launched its sportsbook in Indiana. After dominating the Daily Fantasy Sports (DFS) scene for years the brand recently expanded into the online sportsbook market.
FanDuel Sportsbook
With its roots in the DFS market, FanDuel has an established track record of success. FanDuel entered a partnership with Belterra Casino Resort.
At FanDuel, members will have access to an extensive number of international sports events, as well as all major US sports types.
FOX Bet Sportsbook
Expected to enter Indiana soon, the newly created FOX Bet brand exists because of a strategic co-operative move between The Stars Group and FOX Sports in 2018.
The sportsbook will likely deliver a fantastic user experience as it does in other states with an array of markets, betting types, and promotions.
PointsBet
The Australian based PointsBet announced its online sportsbook entry into the Indiana betting market at the end of March 2020. The announcement came after receiving state approval of its operating license and the successful closing 20-year partnership deal with the Lawrence, Indiana based Hollywood Casino during July 2019.
Aside from the multitude of standard betting options, the sportsbook offers the unique PointsBetting feature that differentiates itself from its peers.
William Hill Sportsbook
In September 2019, the well-known William Hill Sportsbook, partnered with Tropicana Evansville and made its way into Indiana’s online sports betting market.
William Hill offers everything you would expect from top sports betting brand.
Why Play At Sports Betting Site Vs. A Land-Based Sportsbook?
There are numerous reasons why many bettors prefer online sports betting over a land-based sportsbook:
- Mobile Indiana sports betting provides the convenience of placing bets from the comfort of your home or on the go.
- Ease of use is a big part of Indiana online sportsbooks. See all the odds and markets clearly and quickly, allowing you to place bets fast. This is especially helpful with in-game betting.
- Quick and easy deposits and withdraws. Signing up and depositing takes only a few minutes. Deposits are instantaneous while withdraws may take only a few days.
- Indiana sports betting sites offer welcome bonuses and promotions throughout the year that bettors and take advantage of.
- VIP rewards systems also allow bettors to obtain more benefits.
How Do Sports Betting Signup Offers Work?
Indiana sports betting sites use welcome offers as an incentive for new bettors to sign up. These welcome offers may include a bonus bet, first deposit bonus, and a no deposit bonus.
Types Of Online Sportsbook Signup Offers
First Deposit Offer
A first deposit offer is triggered when a player makes their initial deposit. The Indiana sportsbook will then match that amount if the player meets the wagering requirements.
Normally, first deposit bonuses are capped up to a certain amount. There is also a match percentage, which can be different depending on the sports betting site, but most often it is a 100% match.
No Deposit Offer
No deposit offers are the closest thing you will find to a totally bonus bet. To become eligible, you only need to register and open an account with an Indiana sportsbook that offers a no-deposit bonus.
There may be some limitations as to what you can use your bonus money on, plus there could be wagering requirements, so be sure to read the terms and conditions.
Indiana Sports Betting Apps
Over the past several years, all leading online sportsbooks invested heavily to develop a superior sports betting experience for mobile users.
Indiana sports betting apps allow players to easily access sportsbooks from their mobile devices.
There are several benefits to betting from your mobile device including convenience. You can bet on the go or from the relaxation of your home without having to be in front of a computer. You can access all your sports bets from the palm of your hand.
Also, Indiana sportsbooks apps that are partnered with an online casino or online poker room, will likely have all of these features integrated on one app. This allows for you to easily hop from casino games and sports bets at your leisure.
And even if you are at a physical sportsbook, there’s no need to wait in line. You can place a bet from your seat and still get the benefit of enjoying the in-person sportsbook experience.
These sports betting apps will be available for both iOS and Android devices.
Can I Bet On Sports With My iPhone Or Other iOS Devices?
Yes, you can find and select events to place sports bets via your iPhone and other iOS devices such as iPads. iOS mobile devices provide you with access to all available sportsbook features. This includes all the sports types, betting options, features, communications channels, and banking methods you would normally have access to via your desktop website.
Can I Bet On Sports With My Android Phone Or Tablet?
Yes, you can use Android phones and tablets to select and place bets on your desired sporting events. Due to popular customer demand, the development of mobile sports betting has been one of the key drivers behind technological advancement in the sports betting industry for several years already.
Do I Need To Create A Second Account To Play On An IN Mobile Sportsbook App?
No, there is no need to create a second account for an Indiana mobile sportsbook app. If you are already signed up with a sports betting site, all you need to do next is download the app and sign in.
How To Download A Sportsbook App For iPhone
After clicking on one of the “Get Bonus” or “Play Now”; buttons and signing up to a sportsbook, you may want to then download the app on your iOS device. Here are the steps:
- Search for the sportsbook in the App Store.
- Once the app is downloaded, open it, and sign in. If you have yet to sign up, you will need to put in all of your information.
- Once signed in, you can start taking advantage of your welcome bonuses and start betting!
How To Download A Sportsbook App For Android
The process for downloading an Indiana sportsbook app is a bit different from an iOS device.
After you click on one of the “Get Bonus” or similar buttons on our site and sign up to the sports betting site of your choice, you can then download the sportsbook Android app.
- Use your phone’s web browser to go to the sportsbook. Once logged in, look for an option to download the app. You will likely see an Android/Google icon on the homepage or a popup may appear that will allow you to download an .apk file.
- After initiating the download, follow the on-screen prompts as you are guided through until the download is complete.
- Once the download is complete, the app will be in your smartphone’s app drawer where you can access it, sign in, and start betting!
How To Sign Up To Sports Betting Site
Before you may legally engage in online sports betting in Indiana, you must sign up for an account. Note, according to Indiana state law you must be 21 years of age or over before you may engage in gambling-related activities.
To begin the process, click our signup link or the “Get Bonus” button to activate the sportsbook’s welcome bonus. You will then be brought to the sportsbook’s registration page where you must fill out the following information:
- Username
- Email address
- Password
- Name
- Address
- Date of birth
- Last 4 digits of your social security number
- Complete two security questions
Your preferred sportsbook may require you to follow one or two further steps to fully validate your right to account ownership. But once this is completed, your next step would be to deposit.
How To Deposit At An Online Sportsbook
Start the process by logging into your personal sportsbook account and under the “My Account” section (or a similar name such as “Cashier”), you will likely find a deposit option. These icons are usually in the account menu or at the top of the website or app:
- Click on the “Deposit” icon.
- Choose a deposit option. You may have to enter further information, such as for a credit card.
- After choosing an amount to deposit, follow any on-screen prompts to complete your transaction.
Online deposits should reflect in your account almost instantaneously.
How To Withdraw From An Online Sportsbook
Some sites will require bettors to withdraw using the same method they did to deposit, but if this isn’t the case, you must choose your withdrawal option:
- Find the withdrawal option under the “My Account” or “Cashier” section of the sports betting site.
- Click on the option to withdraw and enter the amount of money you would like to extract from your account. Then select the withdrawal method and click submit to begin the process.
- Allow for 24 to 48 hours for the funds to process.
Online Sportsbook Payment Options
Indiana sports betting online offers several options for you to consider. Available options include credit and debit cards, prepaid cards, eWallets, and more.
Credit Cards
Visa and MasterCard are the most used credit cards among Indiana sportsbooks, but American Express and Discover may also be available. Using credit cards to deposit is a quick and easy way to add funds to your account and in most cases, there should be no fee associated with depositing those funds.
Most credit card transactions will instantly reflect in your account.
Debit Cards
Debit cards are similar to credit cards, and as mentioned above, Visa and MasterCard are the current standards. However, some Indiana sports betting sites will have American Express and Discover available as options.
You can expect the same convenience of depositing with a debit card as you would a credit card.
Play Plus
Play Plus is a prepaid card that is offered by Indiana sportsbooks. You can load this prepaid card with your Visa, MasterCard, or Discover Card, as well as checking account.
A Play Plus card is a safe, secure, and convenient option for both deposits and withdrawals. The deposit will be instant.
Prepaid Cards
Prepaid gift cards add another option to your already extensive repertoire of available banking options. You can make deposits with these cards, but unlike a Play Plus card, you are unable to withdraw using a prepaid card.
PayPal
PayPal is a popular eWallet commonly used by individuals who frequently transact online. PayPal gives a person the ability to connect to their checking account, as well as credit cards.
If you are using your checking account to process transactions in PayPal, there will be no fee. But if you use a credit card, you may be hit with a 2.9% fee.
In most cases, your deposits and withdrawals will be processed within 24 to 48 hours.
Please note that some sites require that if you deposit using PayPal, you must withdraw using PayPal.
Skrill
Skrill is another e-wallet option for bettors in Indiana. Accounts can be funded by check, wire transfer, and even PayPal.
Deposits through Skrill occur instantaneously, but withdrawals can take up to 24 hours.
Much like with PayPal, you may need to deposit at an Indiana sportsbook with Skrill if you intend to withdraw with the payment method.
Skrill has a monthly fee of 1% for all transactions and will charge a flat fee of $5.50 when making a bank transfer from this eWallet. There is also a $7.50 charge if transferring from Skrill to Visa.
PayNearMe
In 2015, PayNearMe partnered with 7-Eleven, introducing the world’s first mobile cash payment system. This is a good option if you prefer not to share your bank or credit card details with other entities.
The process involves purchasing a voucher from your local participating 7-Eleven, Family Dollar, or CVS Pharmacy, then using that voucher to make your deposit online.
ACH
Automated Clearing House (ACH) or eCheck services allows you to transfer funds directly from your bank account to the sportsbook. After verifying your banking information, you can transfer money to and from your account and processing time is usually less than 24 hours.
Check
If you would like to withdraw through non-digital means, you can do so with a paper check. Please be aware that this process method is longer and could take up to two weeks before you receive your check in the mail.
Cash At The Casino Cage
If your Indiana sports betting site is partnered with a land-based casino in the state, you may be able to deposit and withdraw from the land-based casino’s cashier cage.
If you are at the casino, this is a quick and easy way to deposit or withdraw to your online account.
What Is The Best Online Sportsbook In IN?
There are already several great options in Indiana, but the best sportsbook may be DraftKings. This sports betting site delivers a large variety of markets and bet types to go along with its excellent welcome bonus offer.
DraftKings is one of the most recognized brands in sports betting for a reason.
New IN Online Sportsbooks
Here are three of the most recent sportsbooks in Indiana:
Caesars Sportsbook
With its official launch on May 19, 2020, Caesars, one of Las Vegas’ most iconic brands, became Indiana’s seventh online sportsbook. Indiana is the fourth US state where Caesars, in collaboration with Horseshoe Hammond Casino, launched its mobile sports betting app.
Caesars online offers a full range of sports to bet on via desktop PC, and dedicated Android and iOS apps. Its sports betting product covers a full range of international sports, as well as a variety of US sports. It offers seasonal coverage of NFL, MLB, NBA, NHL, and college sporting events, all supported by a vast variety of betting types and options.
PointsBet
On March 6, 2020, PointsBet went live as the sixth online sportsbook in Indiana. The January state license approval in combination with a 20-year agreement with Penn National Gaming’s Hollywood Casino, allows the Australian based operation to provide legally its services within Hoosier state borders.
Alongside its extensive range of standard sports betting products and options, it also offers an innovative new feature called PointsBetting, which we will explain more below.
BetMGM
Following the state regulatory body’s approval of its local operator’s license, BetMGM Sports in collaboration with Belterra Casino went live with its online presence in Indiana on February 25, 2020. Few online sportsbooks can boast with financial backing as remarkable as MGM Resorts International and the vast gambling-related experience it offers.
BetMGM sportsbook offers all sports types authorized by Indiana state law. The available selection includes a vast range of popular international sports types as well as extensive coverage of popular US sports events across the entire NFL, MLB, NBA, NHL, and college sporting events.
Sports Betting Types
Moneyline Bets
A moneyline bet is simply a wager on which side will win a given game. A Negative line (-150) in front of the line indicates the team is the favorite to win and a positive line (+130) means that team is the underdogs.
Think of moneylines on a scale of $100, which will make it easy to do the math. The line on a favorite is the amount you must wager in order to win $100, while the line on an underdog is what you stand to win if wagering $100.
Point Spread Bets
Rather than selecting merely which side will win a game, this type of betting requires wagering based on a point spread set by the sportsbook. Not all teams are equal in quality and point spreads are oddsmakers’ way of evening out the game.
Selecting favorites means needing to win by the game by a certain number of points, and picking underdogs means having some margin for error if that team loses by a small enough margin.
For example, let’s say the Colts (-3) are favored by three points over the Texans (+3). The Colts need to win by four or more in order to cover the spread while the Texans can win, or lose by two or less points and still cover the spread.
The Colts winning by exactly three points would result in a push, which cancels out the wager. Most point spreads will be accompanied by -110 odds, meaning you’ll have to risk $110 to win $100.
Over/Under Bets
Over/unders, also known as totals, are a very simple and common form of betting across all major sports. Simply put, bettors are required to wager on whether the total number of points in the game will go over or under a predetermined number set by oddsmakers.
For example, let’s say oddsmakers set the total for that Colts/Texans game at 44 points. This means that any total of 45 or more is a win for the over, while anything at 43 points or less is a win for the under.
Parlay Bets
A parlay allows bettors to combine multiple sides (or legs) into one wager in exchange for enhanced odds and a larger payout. Bettors love parlay because a small wager has the potential to earn huge winnings, especially if including several teams or underdogs with generous odds.
These wagers aren’t without risk as in order for a parlay to hit, every side needs to win without any losses. Each additional leg will boost the odds of the bet, but will also increase the difficulty of winning the wager.
Teaser Bets
Teasers are a little bit like parlays in the way that they are multi-event wagers in which every side needs to win in order to collect any profits from the bet. But they are different in that the odds are much more modest because teasers involve changing the odds to make lines more favorable.
Rather than going for the largest payout possible, teasers alter lines to give the bettor an increased chance of winning. For this reason, only point spreads and totals are eligible to be included in teasers, which makes them a fit for basketball and football.
In football, teasers are 6, 6.5, or 7 points while basketball teasers are 4, 4.5, or 5 points. Ultimately, the payout is dependent on the number of legs included in the wager, and the number of points you’d like to adjust each line by.
Prop Bets
Proposition bets, also known as props, are wagers on the likelihood of an occurrence or non-occurrence during an event that may or may not be associated with the outcome.
Traditional spreads and totals deal directly with the result of a game while props delve much deeper into categories such as player and team stats. For example, baseball bettors can wager on specific at-bats, how many strikeouts a pitcher will have, or whether a specific batter will get a hit.
Some sites combine multiple props together into parlays, which can come with lucrative odds and high payouts.
Futures Bets
Futures bets are wagers on events that will be decided down the road at some point. In team sports, the most popular types of futures bets are placed on some of the following:
- Over/Under Team Wins
- Division Winner
- Conference Winner
- Championship Winner
- Awards (MVP, ROTY)
- NBA/NFL Draft
For the most part, these wagers are placed before the start of the schedule, but odds are constantly updating as the season progresses. Not all futures need to be so long term, as sports such as tennis and golf offer tons of futures odds for events that take just a few days or weeks.
In-Play/Live Betting
Live betting, also called in-play betting, is wagering on sporting events that have already begun. In-play betting has exploded in popularity with the rise of online sports betting and residents in Virginia are sure to take advantage.
As each game progresses, odds are constantly being updated and bettors have the opportunity to place wagers throughout most of the event. Live betting is a popular strategy for those looking to hedge pregame wagers in order to secure profits or cut losses.
It’s also a great way to get value on teams that are trailing early in the game with plenty of time to make a comeback.
PointsBetting (only on PointsBet)
PointsBetting is a unique approach to gambling pioneered and exclusively offered by PointsBet Sportsbook. Rather than risk a predetermined amount for a predetermined reward, PointsBetting rewards or punishes bettors for just how right or wrong they are.
Traditionally, it doesn’t matter if your selection covers the spread by one point or by 50 points. When it comes to PointsBetting, you can win big for your selection covers by a large margin, but it can also go the other way and lead to huge losses.
This high-risk, high-reward style of betting creates a rooting interest that lasts until the very end of the game regardless of the score because profits and losses are up in the air until the final buzzer.
Round Robin Bets
Round robins are a type of parlay that divide your selections up into various wagers. Rather than one parlay featuring several teams, round robins break up those picks into several small parlays.
Your three-team wager becomes a series of two-team bets. A four-team wager becomes two-team and three-team bets, so on and so forth. Each added team increases potential winnings, but also increases the amount you need to risk and the total number of parlays you place.
Provided that you can cover the costs of several wagers upfront, you provide some margin for error that traditional parlays don’t have since round robins can still be profitable even if not every selection wins.
What Sports Can I Bet On In Indiana?
Indiana state-approved and placed the following sports types under the regulatory oversight of the Indiana Gaming Commission:
- Auto racing (NASCAR)
- Baseball (MLB, MLB Draft)
- Basketball (NBA, NBA Draft, NCAAB, WNBA, WNBA Draft)
- Bowling (Pro Bowling Tour)
- Boxing (IBF, WBA, WBC, WBO, ABCC)
- Cricket (WC, ICC)
- Darts (PDC)
- Football (NFL, NCAAF, NFL Draft)
- Golf (LPGA, PGA and PGA Tour Champions)
- Hockey (NHL, NHL Draft, IIHF, HWC)
- Lacrosse (NCAA)
- MMA (UFC, Bellator MMA, PFL)
- Olympic Sports
- Rugby (World Cup, Six Nations, World Rugby Nations, Four Nations)
- Sailing (ISF, America’s Cup)
- Soccer (FIFA events, MLS, UEFA, EUROPA Cup, Super Cup, EPL, La Liga, Bundesliga, Serie A, Ligue 1, Liga Bancomer)
- Softball (NCAA Div. 1)
- Tennis (USTA, ATP, WTA, ITF)
- Track and Field (International Athletics Association)
College Sports Betting Online
You can bet on college sports in Indiana. You are prohibited from wagering on high school sports and amateur youth sporting events, however.
College Basketball
College basketball is one of the most popular sports to wager on among bettors in the United States. The season starts in October and sportsbooks are taking bets every night all the way until things culminate with March Madness, which takes place in March and early April every year.
March Madness begins with conference tournaments and leads into the NCAA Tournament, a three-week affair featuring 68 teams competing for college basketball’s biggest prize. The tournament represents one of the busiest times of the year for sportsbooks, especially during the Final Four when literally hundreds of betting options are offered.
In the basketball-crazed state of Indiana, fans of the Indiana Hoosiers, Purdue Boilermakers, Notre Dame Fighting Irish, and other programs inside the state have the ability to bet on their favorite teams all throughout the season!
College Football
There are few sports in the United States that can compete with college football on a general popularity level, whether it be viewership or a betting audience. Every Saturday from late August until early December features well over 100 games to wager on and some sportsbooks routinely take in far more NCAA football wagers than NFL wagers.
The season begins to culminate in December with 40+ bowl games for qualifying schools, all of which come with dozens of betting options. The real climax is the College Football Playoff (CFP), which features the four top teams in the country.
The CFP semifinals take place on New Year’s Eve with the championship taking place a week later. All three games can be compared to the Super Bowl from the gambling perspective, as hundreds of markets and thousands of options are at the bettors’ disposal during the College Football Playoff.
In the Hoosier State, bettors have plenty of opportunities to wager on NCAA football, including the above-mentioned basketball schools that also have major football programs.
Can I Bet On Indiana College Sports Teams?
Yes, in Indiana you can bet on Division I local sports teams.
Learn How To Bet On NFL Online
Can You Earn VIP Rewards From An IN Sports Betting Site?
Yes, leading sportsbooks in Indiana offer a variety of VIP rewards. Some of the awards you may obtain are:
- Loyalty Store when you can claim prizes
- Comps at Partnering Casino
- Bonus and Cash Redemption
- VIP Events
- Bonus Bets
The Legal History Behind Sports Betting In Indiana
In 2018, the US Supreme Court overturned PASPA, which now allows states to offer legal sports betting.
Indiana sports betting was signed into law on May 8, 2019, and officially went live on Sept. 1. Shortly thereafter on October 3, mobile sports betting began in the state.
By the end of 2019, FanDuel, DraftKings, and BetRivers were all operating mobile apps in Indiana.
Authorized Online Sports Betting Vs. Illegal Online Sports Betting
There are several differences when betting at an authorized Indiana sportsbook and an offshore or illegal sportsbook. Please understand the pros and cons before you decide to bet at an illegal online betting site.
IN Authorized Online Sports Betting
- Sportsbooks are completely regulated by the state.
- Personal information will be protected.
- There is no concern about receiving your payments when you withdraw.
- Betting odds favor the bettor much more than what’s offered at an offshore site.
- Better welcome bonuses, promotions, and reward programs
Illegal Online Sportsbooks
- Offshore sites do not come with regulatory oversight.
- It is illegal for these sites to accept payments for gambling purposes.
- Personal information may not be protected and secure.
- Payouts are not guaranteed and there is no recourse for customer support.
- Many banks decline transactions to these sites.
- Overinflated betting lines.
Who Can Get An IN Authorized Sportsbook License?
A land-based operation can partner with three online sportsbooks. The online sportsbook must pay a vendor license fee, which costs $100,000. Annual renewal is set at $50,000.
The state’s licensed online sportsbooks are also subject to paying a 9.5% tax, with 3.3 percent going to help those with gambling problems. The state will also make $20 million extra as a fee being paid by Spectacle Entertainment, which owns two Gary, Indiana-based boat casinos.
Indiana Gaming Commission Board
The Indiana Gaming Commission Board (IGC) is the state’s regulatory body responsible for the control and enforcement of gambling-related matters in the state. The IGC’s duties include the authorizing and issuing of gambling vendor licenses, as well as the auditing of the state’s 13 casino operators to ensure compliance.
The organization’s mission is to ensure a transparent, fair, dynamic environment with the goal to encourage economic growth while maintaining the highest levels of integrity of the activities under its control.
Responsible Gaming In Indiana
Online sports betting in Indiana is fully lawful and regulated, and there are steps bettors can take to ensure responsible gambling.
This includes setting spending limits and not betting over your head. Sports betting should be seen as a form of entertainment.
IN Online Gambling Frequently Asked Questions
Is Sports Betting Illegal In IN?
No, Indiana’s Governor Eric Holcomb signed a bill that legalized sports betting in the state.
How Old Do I Need To Be To Gamble In IN?
According to Indiana state law, you must be at least 21 years of age before you may gamble in a casino. However, you may participate in activities such as the lotto, bingo, raffles, pari-mutuel wagering on horse racing, and charitable gambling when you are over 18 years of age.
Are IN Online Sportsbooks Safe?
Yes, Indiana sportsbooks are safe and are regulated by the state.
Can I Win Real Money At IN Online Sportsbooks?
Yes, you can bet with real money and also win real money at any licensed and regulated Indiana sports betting site.
Can You Bet On College Sports In Indiana?
Yes, it is entirely legal for you to place bets on college sports at one of the licensed sportsbooks in Indiana.
How Many Sportsbooks Are In IN?
Indiana currently has at least 13 physical locations where you can bet on sports. There are at least eight online betting sites.
Is MyBookie Legal In IN?
No, MyBookie is not legal in Indiana since it does possess a license authorized and issued by the IGC.
When Did Gambling Become Legal In IN?
House Bill 1015 legalized state-wide gambling on September 01, 2019.
Can I Bet On Sports With My PC Or Mac?
Yes, you can use both PCs and Macs to place bets at an online sportsbook. Online sportsbook platforms ensure they are fully compatible with both PC and Mac software environments.
Which IN Online Sportsbooks Accept PayPal?
The following licensed online sportsbooks in Indiana accept PayPal:
- DraftKings
- FanDuel
- PointsBet
- BetRivers
- BetAmerica
- BetMGM
- Caesars
- William Hill
How Do IN Gambling Sites Acquire My Location?
Licensed online sportsbooks ask you to share your geolocation with them and will refuse you access unless you comply. It is legally required of them to do so. This enables a more efficient application of state law.
Do I Have To Pay Taxes On My Winnings?
Yes, you must pay taxes on your gambling winnings. Gambling tax laws require you to pay taxes on all winnings derived from all forms of gambling. You pay 24% tax if your winnings exceed $5,000. If you win less than $5,000 you still need to declare your winnings as it then becomes taxable as part of your personal income tax rate, which is 3.23%.
What Is Sports Betting Handle?
Sports betting handle is the amount of money accepted on sports wagers.
Who Regulates Online IN Sportsbooks?
The state body responsible for the regulation and enforcement of gambling laws in Indiana is called the Indiana Gaming Commission (IGC).
Are There Any Sports Betting Restrictions?
Yes, Indiana law still restricts some forms of gambling. It is still illegal to wager on amateur and high school events.
If you would like to know more about problem gambling or think you may need to speak with some, you can find great resources on Indiana’s Gambling help website about Self-Exclusion. You can also contact the helpline; 1-800-GAMBLER.