Oregon is one of the most unique states in the U.S. when it comes to sports betting. It was one of the first states to legalize sports betting, but as opposed to other states, they’ve kept options limited. The state recently made a change that should help them generate betting revenue, but they haven’t helped themselves thus far.
- Is sports betting legal in Oregon?
- What betting sites are legal in Oregon?
- Oregon Sports Betting Rules and Regulations
- Best Mobile Sportsbooks available in Oregon
- Oregon Sports Betting Promos
- What are the sports to bet on in Oregon?
- Oregon Sports Betting Tips
- Oregon Sports Betting Tax Rates
- Is DraftKings sports betting legal in Oregon?
- Is FanDuel sports betting legal in Oregon?
- Oregon Sports Teams
- Latest Oregon sports betting news
Is sports betting legal in Oregon?
Yes, sports betting is legal in Oregon and has been since August 2019. They offer retail options at eight tribal casinos, along with mobile betting being legal. However, because the Oregon Lottery controls betting, there is only one app available for the entire state.
What betting sites are legal in Oregon?
DraftKings is the only legal betting site available in Oregon, after taking over the Scoreboard app the state was using. So, since January 2022, DraftKings has had exclusive mobile betting availability in the state. The switch was made with hopes it would increase betting in the state and be more appealing due to the widespread familiarity with DraftKings in the U.S.
Any other betting site that says they are legal in Oregon is either an offshore sportsbook or lying. Legally, DraftKings is the only entity that can operate online in Oregon. Luckily, DraftKings is an app that a lot of visitors will either already have or be familiar with, unlike the Scoreboard app.
Oregon Sports Betting Rules and Regulations
To legally bet in Oregon, bettors must be at least 21 years old. To sign up for DraftKings you’ll need the following:
Date of birth
They’ll check your location, and after making a deposit you can bet freely, including options like:
Spreads: Bets on winner and score difference
Moneylines: A wager for who you think will win
Totals: Betting on a score to be over or under a set amount
Futures: Placing a bet on outcomes for a season
Props: Wagering on a specific player or team’s performance
No Betting on College Sports
Oregon has placed a complete ban on college sports betting. Whether the school is from Oregon or not, whether the game takes place in Oregon or somewhere international, you can’t bet on anything if it’s collegiate. This includes games, player props, and futures for every college sport.
Best Mobile Sportsbooks available in Oregon
Well, there’s only one option here, so DraftKings wins by default.
Oregon Sports Betting Promos
DraftKings First Deposit
DraftKings offers all new users a deposit match of 20% on their first deposit, going up to $1,000 in bonuses. To get the maximum bonus, you would need to deposit $5,000. All deposits under that are also matched at 20%.
New DraftKings players get a deposit bonus up to $1,000
DraftKings Friend Referral Bonus
If you have a DraftKings account, you can send a personal referral link to someone that does not. If they register with DraftKings and make a deposit using the account you send them, you’re eligible for a bonus. You will receive $100 in free bets if they deposit at least $25 after signing up with your link. This works for up to five people, for a cap of $500 in free bets.
Bet $5, Get $200
At the beginning of football season, DraftKings celebrates with this lucrative offer. For any NFL and NCAA football games, if you place a bet of at least $5, you will be rewarded with $200 in free bets. The free bets are usable for a week.
What are the sports to bet on in Oregon?
These are some of the popular sports available in Oregon to bettors:
Oregon Sports Betting Tips
Knowing what words, terms, and bets mean is important to be able to bet successfully. Don’t be afraid to check out betting basics before placing any bets if you need a refresher. Betting blind is a great way to lose money unnecessarily.
Tracking how much you’re betting, losing, winning, and can afford to bet with are all crucial to not draining your wallet. Pay attention to your money, place smart bets, and don’t be afraid to seek help if you are betting with money that you shouldn’t be.
When betting, a lot of people tend to make similar mistakes that limit their chances of actually being successful and profiting.
Betting on what you want to happen instead of what you believe is going to happen isn’t the best way to win. No matter how much you may love your favorite teams, sometimes it’s better to know when to leave them alone. If they’re an underdog, you should think about why they are instead of how they can pull off the upset before putting any money on them to win.
Another thing to pay close attention to is the odds that are offered for whatever you’re betting on. Betting is all about calculating the risk and potential reward of your wager, and it’s often difficult. Taking the time to analyze the likelihood of a bet winning and the odds that are offered on that bet is crucial to determining whether or not it’s worth betting on.
In that same vein, if you are betting on a game and you don’t know a lot about the teams that are playing, you should do a little bit of research first. You don’t have to dive deep into statistics, but maybe look at their recent performances or read a blog previewing the game. Even if you are an avid follower of the sport or team, doing this is worthwhile as you may stumble upon information that sways your opinion. Any information you can gain before placing a bet is an advantage for you as a bettor. This is arguably the biggest key to betting successfully, especially long term.
New BetRivers players get up to a $500 free bet
One tip that ties into money management and is important for your financial health is being able to not gamble with money that you can’t afford to part with. While you should be confident in every bet you make, there is a possibility of every wager you make losing, no matter the odds. If you need the money, don’t use it to bet.
Further, betting large amounts of money on things you aren’t familiar with is also unwise. If you don’t know football at all, maybe don’t wager your entire wallet on one of the Thanksgiving games. It may be fun to bet big on something you’re watching live, especially with peer pressure involved, but people often end up regretting it. Going against what you are comfortable with for entertainment’s sake is a common pitfall that’s easily avoidable. Stick with what you know when betting, and keep the stakes lowkey when starting to wager in a new sport. If you feel the need to get involved, at least check out expert opinions first.
One last tip that will help out, in the long run, is not trying to force your way out of a slump. Even the best bettors in the world go through losing streaks, even following the same process that made them successful. There’s nothing wrong with taking breaks to regroup during a slide and coming back with carefully selected bets. It’s better than the alternative of trying to get all the money back at once, which often leads to larger losses. Forcing your wagers onto longer odds so that you can erase losses immediately rarely works. Sometimes the best bets just don’t work out, but staying the course when it was working is the smartest thing you can do when nothing is going right.
Oregon Sports Betting Tax Rates
As in every other state in the U.S., winnings from sports betting are taxed if they are greater than $600. There’s no exception, and the method of winning at least $600 is irrelevant. Federally, winnings from gambling are taxed at a 24% clip. You can deduct losses from sports betting as an itemized deduction.
Is DraftKings sports betting legal in Oregon?
Yes, and DraftKings is the only mobile sportsbook that is legal in Oregon. If you want to use DraftKings sportsbook, daily fantasy sports (DFS), or casino, you can do so in Oregon.
Is FanDuel sports betting legal in Oregon?
No, betting through FanDuel’s sportsbook in Oregon is currently not an option and doesn’t appear as if it will be for the foreseeable future. The control that DraftKings has seems firm.
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Oregon Sports Teams
Oregon State Beavers
Latest Oregon sports betting news
August 31, 2022: The Portland Timbers travel to take on Austin FC.
September 3, 2022: The Oregon Ducks open their season against the defending champs, the Georgia Bulldogs.
September 3, 2022: Oregon State hosts Boise State to begin their football season.
September 9, 2022: Portland Thorns FC travels to Orlando for their first game in nearly two weeks.
October 3, 2022: The Portland Trailblazers will open up their preseason schedule in Seattle, Washington, as they face the Los Angeles Clippers in Climate Pledge Arena.