Legal Sports Betting States
New Jersey was the first state to launch sports betting in 2018, followed by Indiana in 2019 and every year more states are allowing sports fans to bet on their team, both online and at local venues. There are numerous risks involved with using offshore sportsbooks and online casinos, but legal trouble is unlikely. Generally, authorities target the operators of illegal online gambling operations rather than their patrons.
The first retail sportsbooks opened up land-based casinos throughout WV. Oddly enough, online casinos wouldn’t follow in their footsteps until 2020. Sports betting first became legal in the state in 1933, albeit only covering parimutuel horse racing. That year legalized the operation of charitable gambling events as well.
The legislation process is well underway and more progress is made every single day on the growth of sports betting. Caesars Sportsbook’s $1,001 first bet match is unrivalved – most other sportsbooks offer a $1,000 risk-free bet. If you’re looking for a deposit match, DraftKings offers up to $1,000 at a 20% rate while BetMGM offers up to $1,000 at a 100% rate for its online casino.
If a competitor is 1/5, that means out of every six times the event occurs they should win five times – so they are a heavy favorite. Taken literally, this means, for every $5 you bet, you’ll get $1 in return. Decimal odds are used in many parts of the world, including Europe, Australia and New Zealand. Their opponents, the Tampa Bay Buccaneers, may be priced at +145, and you’ll have to bet $100 to win $145 – a total return of $245. Also known as moneyline odds or US odds, it is always displayed using a bet total of $100.
A total of five sports betting bills have been proposed in the Kansas legislature. The State House did not consider the bill put forward in 2019 and another one was unsuccessful in 2021. The lawmakers in Georgia considered legalizing sports betting in 2020 and 2021, but neither bill made it past the house.
The rise of online gambling and web-based casinos largely missed Tennessee, where such business remains illegal. Casino fans in the state must instead resort to social casinos with play money. After the Supreme Court struck down the Professional & Amateur Sports Protection Act in 2018, things started to change. The state legislature started to consider legalizing sports betting to add revenues to the state’s coffers.