Sports betting in Mississippi isn’t open to everyone, and it is only available in certain locations. The situation is regulated by the Mississippi Gaming Commission (MGC), who stipulate that wagers can only be placed by citizens aged 21 years or older – this ruling extends to visitors, even when they are from countries where the legal age is lower. Players will also be asked to verify their details through I.D cards or passports.
Wagering on sports events can only take place inside legal casinos by license holders that have applied for sports betting credentials. The brick and mortar casinos can be based on land or at sea. The MGC officially confirmed its regulation in June 2018, ahead of the August 1 launch, in a 22-page document that explained every aspect of the gaming operations. This included legal rulings on payouts as well as the tax obligations. Casinos are bound by a 12% tax on all sports betting revenue.
As far as players are concerned, though, placing a bet on a sporting event means heading to the nearest permitted casino and sitting down to look at the events and potential markets. Each casino has its own philosophies on which sports, events, and lines are covered. Likewise, some focus solely on pre-event wagering while others allow for in-play betting on certain events. Punters will find that the variance of betting opportunities, along with the level of comfort offered by the surroundings will influence their preference greatly.
In essence, though, the sports betting process is a fairly straightforward one. Punters aged 21 and above simply need to enter their casino, find a line at the odds they like, and place their stake. Betting slips are provided as a record of the wager and winning bets can be cashed in once the event has ended or the market has been settled. Stake limits are down to the discretion of the individual casino, meaning wagers can be rejected. Once placed, though, the casino has entered a legal contract in which they must pay any winnings.