IN Betting Guide
It’s best to understand Indiana betting through the broader landscape of legal wagering in the United States. If you’ve been to any legal betting state, you’ll see sports betting advertisements throughout highways and roads.
Marketing efforts for legal sports betting have been very intense in the past few years. It doesn’t appear like anything is going to change because the industry is still very young and extremely competitive. The fight for legal sports betting began in the early 2000s, with New Jersey leading the charge. Other states, like Indiana, joined the fight because of the financial gain sports betting provided in the state.
Sports betting was illegal in most areas of the United States because of the Professional and Amateur Sports Protection Act (PASPA). PASPA was established as a way to protect student athletes and professional players.
Professional leagues cited PASPA to keep legal sports betting out of the country because they didn’t believe they’d financially benefit. This hasn’t been the case as professional sports leagues, and teams are reaping the lucrative nature of sports wagering.
The same concept applies to the Pacers and Colts for Indiana betting. These teams have made large amounts of money on legal sports betting since it launched. If you want to bet in the Hoosier State, this is the perfect guide. We’ll take you through the state betting history, which will set the stage for the remainder of the guide. If you have any questions like what sportsbooks to choose or how to start betting, we will keep you posted.
Sit back, relax, and prepare to be an Indiana betting expert by the time you finish reading.
Is Sports Betting Legal in Indiana?
Sports betting is legal in Indiana, and the state worked fairly quickly following the end of PASPA to pass a bill. Sports betting was a way for the state to add additional revenue and the legislature took advantage of the opportunity.
The state introduced its first sports betting bill before PASPA was deemed unconstitutional. In January 2018, Indiana betting started to come to fruition when the first bill was introduced.
The first bill and future legislation for sports betting was titled HB1015. Indiana was smart because lawmakers believed sports betting was going to be legalized, and they were correct.
In May of 2018, PASPA was removed, and Indiana was prepared to start diving into legal sports betting. In April of 2019, HB1015 passed through the Indiana House and Senate in two separate votes.
Both chambers were on board for legal sports betting, which was true in the governor’s office. Governor Eric Holcomb signed the bill into law in May of 2019. The first retail sportsbooks went live on 1st of September, 2019.
Mobile sports betting followed one month later with BetRivers and DraftKings
How to Start Betting in Indiana
Indiana betting is very accessible because you can wager directly from your phone. This makes things very easy, from registration to actually locking in wagers. The first key to start betting in Indiana is to be located within the state.
You don’t need to be a permanent resident of Indiana to place a wager. You also need to be 21 years of age, according to Indiana state law. If you fit these two criteria, you’re on your way to placing a wager for Indiana betting.
The next step is to head to the app or Google Play store to download the sportsbook of your choice. There’s no limit to the number of sportsbooks you can register for in the state.
Although, the process is the same for all books. Proceed to the registration section of the app and fill in the required information. You’ll need to enter your name, email, address, and social security number to place a wager.
Don’t hesitate to put in your private information because it’s used for sportsbooks to verify your identity. Once your account is created, you can enter a deposit and begin betting. You should explore the different markets in the book before throwing down a lot of money.
This will raise your chance of winning consistently. If you don’t research, you’ll lose on a sportsbook.
Which are the Best Licensed Sportsbooks in Indiana
The best-licensed sportsbooks in Indiana are the two that have the most money. These platforms are DraftKings and BetMGM. They’re the best books because they have a lot of money to spend on marketing.
Marketing is key for Indiana betting because sportsbooks need to attract users. Which means that the biggest and best sportsbooks can afford to offer large bonuses and risk-free bets to new customers.
If you register with either DraftKings or BetMGM, you’ll be greeted with tons of promotions. The bonuses never end on these sportsbooks, which is a perk of betting with each platform.
If there’s a big game in Indiana or throughout the country, you’ll have a bonus with DraftKings and BetMGM. Indiana betting is led by these two books, and this won’t change anytime soon – probably.
Indiana Gambling Regulations and Rules
The most important Indiana betting rule is that you must be 21 years of age and located in the state to place a wager. Operators will pay a non-refundable $100,000 application fee and always have $500,000 in integrity fees on reserve.
You can bet on college sports in the state, which is a perk of Indiana betting. This isn’t the case in all states, so make sure you enjoy college betting in the Hoosier State.
Organizations That Operate in Indiana
The Indiana Council on Problem Gambling is an excellent resource for sports betting issues in the state. Indiana betting is meant to be fun, but things can occasionally get out of hand. If this becomes the case, make sure to check out the Indiana Council on Problem Gambling.
Additionally, the Family and Social Services offers problem gambling help. They can help guide you to the correct location.
How to Know a Sportsbook is Safe
You can find out if a sportsbook is safe in a variety of ways for Indiana betting. The safe sportsbooks in Indiana are all listed on our website because they’re regulated. If you bet on an unregulated sportsbook, this is when you can encounter issues.
Regulated sportsbooks go through a variety of tests to ensure they’re safe. If they fail or don’t comply with state regulations, you’ll face a variety of issues.
Unregulated sportsbooks are an issue in the state. This is when you’ll run into trouble, but Indiana betting is a great market. If you stick with the regulated sportsbooks, you’ll be in great shape for Indiana betting.
What To Do If You Encounter Any Problems
If you encounter problems with any Indiana betting books, contact the respective customer service team, and good things will happen. These representatives will fix your issues with ease, which will improve your overall experience.
Available Sports in IN
We provide betting picks for free and from professional handicappers on Basketball, Soccer, Ice Hockey, Baseball, and Soccer, including MLS and international leagues and tournaments. Of course, we cover all major leagues in the U.S., NBA, NFL, NHL, and MLB. Don’t forget to compare the odds between the different sportsbooks we’re partnered with before you place your bets.