When the US Supreme Court legalized sports betting in 2018, Rhode Island was among the first states to do so. The state would legalize retail and online sports betting the following month. Instead of opening multiple online sportsbooks, the state only allows one online sportsbook. Currently, you can place wagers at the two retail sportsbooks available in the state or the one online sportsbook.
- Is Sports Betting Legal in Rhode Island?
- What Betting Sites Are Legal in Rhode Island?
- Rhode Island Sports Betting Rules and Regulations
- Best Mobile Sportsbooks Available in Rhode Island
- Rhode Island Sports Betting Promos
- What Are the Sports to Bet on in Rhode Island?
- Rhode Island Sports Betting Tips
- Rhode Island Sports Betting Tax Rates
- Is DraftKings Sports Betting Legal in Rhode Island?
- Is FanDuel Sports Betting Legal in Rhode Island
- Rhode Island Sports Teams
- Latest Rhode Island Sports Betting News
Is Sports Betting Legal in Rhode Island?
Yes. Online and retail sports betting are both legal in Rhode Island. The state legalized retail sports betting in June 2018, which was followed by the legalization of online sports betting in March 2019.
What Betting Sites Are Legal in Rhode Island?
Rhode Island only has one betting site known as the Sportsbook Rhode Island, and it is administered by the Rhode Island Lottery. The site operates on an IGT platform, and it is accessible via a browser or via the Sportsbook Rhode Island app.
Rhode Island Sports Betting Rules and Regulations
You must be 18 years of age or older to download and bet on the Sportsbook Rhode Island.
You must have sports betting account if you want to make wagers with the Sportsbook Rhode Island App or website. To apply for an account, you must provide information such as name, address, birth date, and email.
All players must be physically present within the geographical boundaries of Rhode Island to make a wallet deposit or withdrawal and to wager on the sportsbook app or website.
All wagers placed against the funds within a bettor’s betting account and any payouts from winning bets will be credited to the same account used to fund the original bet.
Access to and use of your sports betting account is strictly limited to you as the registered user.
Best Mobile Sportsbooks Available in Rhode Island
BetOnline has the best customer support, with agents available 24/7 to answer any types of queries you may have. In addition, the platform has modern security standards that safeguard your data and funds.
XBet allows you to access a wide range of sports and betting options, and it offers attractive welcome bonuses.
MyBookie offers a convenient mobile website that is easy to use and an exciting casino with multiple games.
BetUS is one of the most secure platforms when it comes to its financial dealings.
Bovada has a clean user interface that is easy to navigate, making it perfect for new users.
Sportsbetting.ag is a platform that responds quickly even when your systems are not using high-performance networks.
Everygame offers multiple promotional bonuses and a large betting menu in sports and casinos.
BUSR allows customers to enjoy phone and live chat options with their customer service.
BetAnySports offers multiple deposit options for bettors.
JazzSports provides fans with an expansive menu of casino games, live wagering, live betting odds, and sports betting options.
Rhode Island Sports Betting Promos
22BET: new players can obtain up to $122 as a welcome bonus. In addition, the site pays out a bonus for account re-ups made by players on Friday, and they amount to $150. Players at 22BET also earn a weekly rebate of 0.3% on all wagers made in the sportsbook. 22BET also offers 500 points inside its 22BET shop to all players on their birthdays.
PowerPlay: The PowerPlay welcome bonus will give you two matching bets, and on each of the bets, they will match it up to $50 each, for a total of $100. Once you place your bets, your account will be credited with free bet credits. PowerPlay also offers live NHL free bets, which means if you bet $100, you will get a $20 free bet.
Everygame: Everygame offers three sign-up bonuses that range from $100 to $250. In addition, players can net a $150% match bonus that runs up to $2,000.
Bovada offers a 50% sign-up bonus, and it goes up to $1,000. Bettors also get a Bitcoin welcome bonus of up to $750 and a $250 sports welcome bonus. Moreover, bettors get a Bitcoin Casino bonus of up to $3 750. In addition, there is a $3,000 casino welcome bonus offered to new players.
BetOnline: New members on BetOnline are offered a 50% sports welcome bonus when they deposit a minimum of $55 and a maximum of $1,000. In addition, you can enjoy a deposit bonus of 5% for all types of cryptocurrency. Furthermore, when you make a first crypto deposit, you can enjoy a bonus of up to $1,000. Similarly, you can earn a 25% sports reload bonus for every reload you make every year.
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What Are the Sports to Bet on in Rhode Island?
Rhode Island sportsbooks accept wagers on a variety of sports. These include
Mixed martial arts
You can bet on both professional and college sports. However, you cannot wager on any Rhode Island colleges or universities or college games taking place in RI.
Rhode Island Sports Betting Tips
Learn the basics
Go through a few betting guides to understand the basics of betting so you can make better-informed decisions. Consider the odds offered carefully. Determining if the risk matches the reward can be a tricky business. Before you place your bet think about how likely it is to come in and if that is reflected by the odds.
Create a money management plan
Having a plan allows you to how much money you should bet for any wager. You should never bet an entire bankroll on one single wager.
Bet on sports you’re familiar with
This allows you to make good betting decisions and avoid losing money because of guesswork. Avoid betting on what you want to happen, like your favorite team winning or your least favorite losing. Betting with your loyalties is all well and good, but it is not a recipe for success. If your favorite team is an underdog, consider why that might be before staking money on them.
If you don’t know much about the teams, do a little research into their form and the statistics from their previous matches. This is always a sound strategy even if you follow the sport, you often learn something that you can see to your advantage. This is one of the most important strategies for success.
In a similar manner, avoid staking large sums on events you aren’t familiar with just because they are live. The temptation can be to bet on the events that are in play, regardless of how much you know about them. This is often a mistake.
If you are on a bad run, take a short break. A common error is doubling down on a losing streak and putting more money on longer odds without due consideration. This only increases the likelihood of losing money. Selecting your bets with care is one of the best ways to maximize your success.
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Rhode Island Sports Betting Tax Rates
Rhode Island sports betting revenue is taxed at a rate of 51%. The Rhode Island Lottery takes 5.99% of all the total winnings. You should also expect to pay another 24% in federal taxes. In April 2022, the amount of money that went to the state via taxes on sports betting revenue amounted to $50 million.
Is DraftKings Sports Betting Legal in Rhode Island?
Yes. You can bet on fantasy sports on DraftKings as it accepts players from Rhode Island. Betting on fantasy sports is legal in Rhode Island, which means bettors can use the DraftKings Sportsbook to bet on their favorite sports.
New DraftKings players get a deposit bonus up to $1,000
Is FanDuel Sports Betting Legal in Rhode Island
Yes. FanDuel accepts players from Rhode Island, meaning you can fully use this sportsbook.
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Rhode Island Sports Teams
Rhode Island does not own any major professional sports franchises. The state has college teams such as Providence Friars and Rhode Island Rams. However, Rhode Island doesn’t allow sportsbooks to accept wagers on games involving the state’s colleges and universities. However, since Rhode Island is only 50 miles from Boston, bettors wager on teams like.
For college sports, Rhode Island bettors bet on
The University of Connecticut Huskies
The Boston College Eagles
The University of Massachusetts Minutemen
The Harvard Crimson
The Northeastern Huskies
Latest Rhode Island Sports Betting News
During the first phase of 2022, Rhode Island crossed the $1 billion mark in wagers just three years after sports betting became legal. The latest revenue reports suggest that the sportsbook at Bally’s Twin River Lincoln Casino Resort accepts at least three times the number of bets as the sportsbook at Bally’s Tiverton Casino & Hotel. The difference occurred during the football season when the betting activity went up.
The online sports betting site in the country makes more than both retail locations. In April 2022, the two retail sportsbooks accepted about $14.7 million, while the online sportsbook accepted close to $25.5 million in wagers.