Indiana sports betting is legal and live. The state now has 13 online sports betting sites available for bettors. The launch was a quick turnaround for the state as Gov. Eric Holcomb signed the sports betting bill into law just a few months earlier. New sports betting apps are popping up all the time and more sports betting outlets are set to open in Indiana soon.
Contents
- Is Sports Betting Legal in Indiana?
- What Betting Sites Are Legal in Indiana?
- Indiana Sports Betting Rules and Regulations
- Best Mobile Sportsbooks Available in Indiana
- Indiana Sports Betting Promos
- What Are the Sports to Bet on in Indiana?
- Indiana Sports Betting Tips
- Indiana Sports Betting Tax Rates
- Is DraftKings Sports Betting Legal in Indiana?
- Is FanDuel Sports Betting Legal in Indiana?
- Indiana Sports Teams
- Latest Indiana Sports Betting News
Is Sports Betting Legal in Indiana?
Yes. Sports betting became legitimate in Indiana on September 1, 2019. On the same day, three casinos in the state took bets that day. However, other locations authorized to conduct sports betting did not begin taking bets until later. Online sportsbooks would then be launched a month later.
What Betting Sites Are Legal in Indiana?
DraftKings Sportsbook
DraftKings offers traditional odds and live wagering, and the flash bets feature offers unmatched wagering speed and specificity. In addition, you can utilize the Pools, which allow you to pick several different pop-like bets, and if you make the best picks, you can take the prize.
BetRivers
This sportsbook lets you wager on all your favorites, like major leagues. It offers promotions that allow you to enjoy lucrative rewards programs, deposit match bonuses, odd boosts, and more.
PointsBet
This sportsbook is known for its incredibly stacked promotional timeline, which includes odds boosts, improved spread lines, goal and point insurance, and crowd booster. This moves the line on popular bets as more people join in on the betting.
BetMGM
BetMGM has an aesthetically pleasing and easy-to-use interface on desktop and mobile devices. The site offers multiple betting options and a variety of banking options.
Caesars Sportsbook
Using Caesars allows you to enjoy lucrative bonuses and flexible options regarding deposits and withdrawals. In addition, the sportsbook is easy to use and navigate, and the live betting feature works flawlessly.
Other betting sites that are legal in Indiana include:
Indiana Sports Betting Rules and Regulations
Indiana law prohibits bettors from wagering on high school, eSports, and amateur youth sporting events. In addition, the minimum legal age for sports betting is 21, and the tax rate on operators is set at 9.5% of gross sports wagering revenue. In addition, only existing land-based facilities can offer sports betting, meaning operators must partner with those facilities to offer mobile sports betting.
Best Mobile Sportsbooks Available in Indiana
BetMGM: BetMGM has one of the most extensive lists of betting options available in Indiana. The app offers the best interface and user experience.
Caesars: Caesar’s is a major sportsbook and has a welcome bonus for new bettors.
FanDuel: FanDuel is the easiest to use and is highly recommended for beginners. Every aspect of the app, including choosing your bet, managing open wagers, and navigating through the site itself, is easy.
PointsBet: PointsBet is the only sportsbook that has partnered with two major pro teams in Indiana. This is along with its market access deal with Penn National.
DraftKings: This sportsbook offers the best user experience for bettors as it is simple to navigate through. You can easily access the customized betting options each time you log in.
BetRivers: This sportsbook has a great rewards system. The more you play, the more free bets, store credits, and other perks you get.
Indiana Sports Betting Promos
Caesars Promo
Caesars sportsbook offers new users a first bet on Caesars for up to $1,250 plus 1,000 tier credits and 1,000 reward credits.
Up to $1,250 back on your first bet when you join Caesars here
BetMGM Bonus
New players enjoy a bonus that yields a $1,000 risk-free bet after their first deposit. Similarly, every player receives a free weekly bet of $10.
$1,000 Risk-Free Bet for all new BetMGM players here
BetRivers Bonus
New users can get a 100% deposit bonus on their first deposit of up to $250.
New BetRivers players get up to a $500 free bet
PointsBet Bonus
New customers receive a welcome bonus worth as much as $2,000. Your first PointBetting bet is covered for as much as $1,500, and your initial non-PointsBetting wager is risk-free for up to $500.
New PointsBet players get 4 x $200 in free bets when they join here
Unibet Bonus
New users who sign up with Unibet receive a risk-free opening bet for up to $500.
What Are the Sports to Bet on in Indiana?
Aussie Rules Football
Auto Racing
Lacrosse
Mixed Martial Arts
Olympics
Academy Awards- Category Winners
Bowling
Boxing
Cricket
Cycling
Darts
Rowing
Rugby
Sailing
Skiing and Snowboard
Soccer
Softball
Table Tennis
Track and Field
Indiana Sports Betting Tips
Set a limit and stick to it
When betting, always ensure you understand your limits so that you don’t exceed them. In this case, consider choosing an app that allows you to easily decrease your spending limits or limit the time you spend on the website.
Do your research
Learn everything you can about the teams and the sport. You can use online platforms to understand lines and other betting aspects, including your stats.
Make the most of rewards and bonuses
Most online betting sites are always looking to attract new customers, which is why they offer sign-up bonuses. You should take advantage of these bonuses as they can extend your bets and defray your losses.
Indiana Sports Betting Tax Rates
The highest federal tax rate is currently 35%, which is an addition to the 3.23% you would owe the state on your winnings from sports betting. The federal rate on winnings over $5,000 is 24%, and the winnings under that benchmark are taxed, depending on their amounts and sources. Casinos normally withhold 25% of your winnings for tax purposes. However, this only happens when you provide the casino with your social security number. If you fail to do this, the casino may withhold 28%.
Is DraftKings Sports Betting Legal in Indiana?
Yes. DraftKings is one of the top sportsbooks in Indiana, offering multiple sports and betting options. Bettors can now bet on all their devices using the DraftKings app.
Is FanDuel Sports Betting Legal in Indiana?
Yes. FanDuel sportsbook is one of the top sportsbooks in Indiana because of its smooth navigation. The sportsbook stands out due to its same-game parlay offers and the user experience that exceeds other sportsbook apps.
Indiana Sports Teams
Evansville Otters, Fort Wayne Tincaps, Indianapolis Indians, South Bend Clubs, and Gary SouthShore RailCats (Baseball)
Evansville Thunderbolts, Indy Fuel, and Fort Wayne Komets (Ice Hockey)
FC Indiana and Indy Eleven (Soccer)
Fort Wayne Mad Ants, Indiana Fever, and Indiana Pacers (Basketball)
Indianapolis Colts (Football)
Latest Indiana Sports Betting News
Four Winds Casino is expanding its gaming floor to include a hotel that is set to open in 2023. The hotel will feature 317 guest rooms, executive suites, conference space, and more.
Gamblers in Indiana bet over $20 million on sports, declining from $256 million in handle in July.
The revenue of Indiana Casino has declined for the third consecutive month, marking a decline in state gambling taxes. This has left a lot of people wondering if the future of gambling in the state is still promising.
Residents of Indiana don’t have to wait for long because the state will legalize online casinos soon. Since residents can bet on sports online but don’t have access to other types of internet gaming, the legalization of online casinos will change this, and it is set to happen at the start of 2023.
