Sports betting is not yet legal in the state of Louisiana but following a majority of parishes voting in favor during the 2020 election, it's possible that the industry reaches the Bayou State in short order.
Sports betting is not currently legal in Louisiana, although there is great optimism that the story might change very soon. In November 2020, 55 out of 64 parishes voted in support of legalizing sports betting.
This means residents in most regions are set to welcome the industry into Louisiana, but whether online gaming would be part of that legislation is still to be determined. It is expected that Daily Fantasy Sports will be offered sometime soon as well.
Since sports betting is not yet allowed, you currently cannot bet anywhere within the state of Louisiana. Even the 52 casinos and pari-mutuel facilities spread across the state in Louisiana, including five in New Orleans, do not offer sports betting.
Louisianans who want to wager would have the easiest time traveling to nearby Arkansas and Mississippi, where betting laws of some kind are in place. The closest state with full mobile sports betting is Tennessee.
Signup offers are one of the largest benefits to betting on sports using the online platform, and they're a win for both sides. Sportsbooks use them as an incentive for players to sign up, and new customers receive a generous welcome bonus that gives them a chance to earn instant profits.
There are three different types of general welcome bonuses, and which one you get depends on the site you sign up for. For this reason, we'd recommend checking out what type of bonus is offered before completing the signup process.
Below, we will detail each type of signup offer so bettors know the differences between each and can easily identify whether the site they're checking out offers their preferred bonus.
A first deposit bonus, also known as a deposit match, involves the sportsbook matching a percentage of the player's initial investment in site credit up to a certain amount. Some sites match a smaller percentage but many sites with this bonus match the initial deposit 100 percent of the way.
For example, some sites may offer a 100 percent match up to $500. This means if you deposit $200, you receive $200 more in site credit and now have $400 total to wager with. If you decide to invest $500, you receive $500 for a grand total of $1,000 in eligible funds.
A deposit bonus is a preferred reward for many new customers and it's easy to see why since bettors are immediately given double the funds they deposited to wager with right off the bat. This bonus is the one to target if you are looking to scoop up the most sportsbook capital possible between your investment and the site credit.
A no deposit offer is exactly what it sounds like since receiving this bonus entails the new customer receiving a bonus without having to deposit any of their own money. All that's required is the creation of a new account, and the no deposit offer will be activated and added to the account balance after signup.
This is an excellent bonus to receive because it is free money being handed out without the player needing to invest any of their own. It is worth noting, however, that these bonuses are small and usually in the range of $25 (give or take).
A risk-free bet is an insurance policy for a bettor's very first wager on a sportsbook. If you receive this bonus, it means that if the first bet you place on the site loses, the sportsbook will reimburse the amount you lose in site credit (up to a certain amount).
Sites that have risk-free bets offer somewhere in the $500 to $1,000 range. It could be a worthwhile endeavor to take a shot at a huge payout with that initial bet since the worst-case scenario is having the site reimburse you in site credit.
It needs to be noted that if your very first bet wins, there is no risk-free bet awarded. When risk-free bets are given out, some sites could issue a lump sum good for one-time use, or just refund the amount and allow bettors to break up the site credit into multiple wagers.
Regardless of the type of bonus you want, they can't be received until you complete the signup process for an online sportsbook. In order to do this, you need to successfully navigate to the registration page, which can be done in a few ways:
Any of the above methods will direct you to the page where you can sign up and eventually claim your welcome bonus. Once you are ready to register, complete the following steps:
When betting online, financial transactions can be completed with just a few clicks and whether putting money in or taking some out, the process is very simple.
You might be depositing for the first time or you could be an existing customer. Either way, making a deposit is easy. Follow the below steps to fund your account:
Winning money comes with a very unique feeling and the withdrawal process is much more fun than depositing for that very reason. When the time does come to take funds out of your account, follow these steps:
Having a huge range of banking options is another bonus of doing your sports betting online. Whether you are filling up your account or taking money out, the process is convenient, simple, and can be completed in just a few clicks. Check out the following banking methods:
Credit and debit cards are incredibly popular payment methods in every field, including online sports betting. When it comes to sportsbooks, using cards is a quick and easy way to deposit into your account and there are no fees levied by the site.
Major brands such as Visa, MasterCard, AMEX, and Discover are widely accepted but it needs to be mentioned that you cannot withdraw onto a credit or debit card.
A prepaid card works similarly to a debit card, but it has some added advantages. For one, the bettor does not need to share their personal banking information with the sportsbook. Instead, all that's required is putting money onto the prepaid card and using that as the method of payment.
There's a chance that a prepaid card could come with a fee to activate initially and a standard prepaid card cannot accept withdrawals.
If you're looking to use a prepaid card and want a one-stop-shop for all your sportsbook needs, a Play+ prepaid card is a way to go. Many sportsbooks accept these cards and even have their own site-branded Play+ card, which allows bettors to both deposits and withdraw onto it.
Deposits are instant and so are withdrawals, though transferring from the card to your bank account will take some time. There's an option to withdraw the funds at an ATM for a small fee, but there are no charges incurred for using the card to put money in or take money out.
If you'd prefer to use an eWallet, PayPal is the most trusted and recommended option due to its efficiency and security. Nearly every sportsbook accepts this method, as it's the perfect intermediary between your betting account and your bank account.
Bettors can easily deposit or withdraw into their PayPal account, with deposits processing instantly and withdrawals taking up to 24 hours. There are no fees involved and customers can also avoid having to share any banking information with the betting site.
Skrill is another eWallet that works like PayPal. There are no fees, you can deposit and withdraw, and no banking information needs to be shared with the sportsbook. Deposits are instant and withdrawals take 24 to 48 hours. The downside is that not all sportsbooks accept Skrill, making PayPal the easier method to use.
This is an amazing option for gamers who prefer to play online but also prefer to transact with cash. Just make sure there's a participating location (7-Eleven, Family Dollar among options) near you.
After initiating the payment on the site, bettors will be provided with a barcode. After taking that code to a participating location, the deposit can be paid for in cash and reach the account in 15 to 30 minutes. There are charges for each transaction and this can only be used as a deposit option.
An Automated Clearing House is another middle man between the bank account and the sportsbook account. It enables direct debit transactions and is entirely secure, but it does take things a bit longer to process using this method. There are some sites that do not accept this method but for the ones that do, deposits are instant and withdrawals can take anywhere from 24 hours to several days.
You may also choose to receive withdrawals through the mail. You won't be charged any fee for this method, but you would have to wait seven to 14 days for a check to arrive by mail.
This is a withdrawal method that is used by online casinos in partnership with land-based casinos. You simply have to visit the casino's cashier's cage to get your winnings by hand. They would not charge you for this method, and it's one you can use if you do not mind the inconvenience.
There's really no debate about the fact that using mobile sports betting apps is the easiest way to wager. Any betting market you can get on your desktop can be accessed via application, and nearly any device can be used including iOS and Android devices.
Yes, sports bettors can easily access their accounts and place wagers using iOS devices such as iPhones and iPads.
Yes, it is possible to bet on sports using Android phones and tablets once the application is downloaded.
iPhone users can easily download sports betting apps on their device, all that's required is following these easy steps:
Bettors can also visit the sportsbook homepage on an internet browser and click on the widget to download the application for iOS devices, but it will just redirect you to the App Store.
Downloading sportsbook apps on Android devices is slightly different since they are not allowed on the Google Play Store. That said, it is still an easy and convenient process:
Another one of the many benefits to betting online is access to a huge range of sports and leagues to bet on from across the world. There are far more options available on an application than one will find in a brick-and-mortar sportsbook. The choices include but are not limited to:
It is unknown whether there will be any restrictions involving betting on college teams in Louisiana, a state where NCAA football and basketball are incredibly popular. In some states such as New Jersey, bettors are now allowed to wager on teams that are located inside the state.
While there may be some advantages to enjoy from and-based sportsbooks, the online platform offers many more perks than wagering in person. There are many more pros and cons including the following:
One aspect that can't be overlooked when betting on sports is the safety and security of your money and your banking information. Legal sportsbooks throughout the United States have all the necessary safeguards in place but when it comes to offshore sportsbooks, that is not the case.
These offshore sites are popular in states without legal wagering, but everyone who signs up puts themselves, their money, and their personal information at risk.
These sites are operated from a foreign country without regulatory oversight to avoid the rules that US sportsbooks are held to and on many occasions, it leads to players being scammed. Here are some of the many drawbacks to dealing with one of these sites:
Wherever betting is legal and regulated, bettors are guaranteed to receive their money, major banks accept transactions, customer service is available, and bettors are eligible to receive bonuses and promotions quite often.
There's really no debate between these shady operators and the brands we have in the US, which are overseen by a regulatory board in every state. In Louisiana, that is the Louisiana Gaming Control Board.
A federal repeal of PASPA in 2018 paved the way for sports betting to become legal in any state that wanted it, but Louisiana has yet to reach that point.
The most recent sports betting bill sprang up in early 2020, and it was quickly passed as 55 of 64 parishes votes in favor of wagering. The next steps will be up to regulators and it is unknown whether mobile wagering would be included, but Louisiana is trending in the right direction.
No, you do not have to live in the state but you must be physically present within the borders to play. Geolocation technology is used to make sure you are within legal betting range.
Yes. Once LA online sportsbooks are legalized, bettors will be able to win real profits by placing bets.
The legal gaming age in Louisiana is 21, although the minimum is 18 for pari-mutuel betting and charitable gambling, 21 for lottery games, and also casino-style games.
Yes, when sportsbooks start operation within Louisiana, their operations will be regulated and overseen by the Louisiana Gaming Control Board. Therefore, safety and security are guaranteed.
This is the total sum of money taken in on betting. It could be for a specific game, sport, or time. Anything a bet can be placed on, adds to the total handle taken by the sportsbook.