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Online Sportsbook Reviews
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Indiana Betting Online History
Some states have had a lot of bumps in the road when it comes to legalized sports betting. Bills have been held up in committee or votes have come up short. Tribal opposition has increased the difficulty of getting legislation passed.
By comparison, Indiana may have had the smoothest sailing of any state not named New Jersey.
The Professional and Amateur Sports Protection Act (PASPA) was overturned by the US Supreme Court on May 14, 2018. It took less than a year for the state legislature to come up with the wording for the bill, get the bill passed, and for Governor Eric Holcomb to sign it into law. Indiana officially became the 13th state to adopt sports betting on May 8, 2019.
Retail sports betting launched on September 1, just in time for the football season. Since then, the race to the online and mobile markets has taken precedence for the state’s operators.
Rules and Regulations For Indiana Online BettingIndiana is actually a really friendly state for both bettors and operators. House Bill 1015 was the legislation signed into law and it allowed for statewide mobile and online wagering. It does prohibit wagering on high school sports and esports, but features a low tax rate of 9.5% on adjusted gross revenue for the operators.
As a result, operators flocked to Indiana. The initial fee to get approved for a vendor license is $100,000 and there is a $50,000 annual renewal fee. Three skins were available for each of the 12 land-based casinos and the one racetrack.
Unlike some states that have involved the lottery, the Indiana Gaming Commission has full oversight of sports wagering.
The lawmakers in Indiana were seemingly on board from the jump. Integrity fees were a big part of the discussion, but those were ultimately cut from the bill. All in all, it was a very smooth legislative process that took just over six months to go from committee discussion to law.
Industry observers and analysts unilaterally agree that Indiana has done it right. Some states, like Illinois and Iowa, have an in-person registration requirement, so users have to go to a retail sportsbook in order to sign up for the betting apps. In Indiana, no such requirement exists, so you can sign up for online and mobile wagering from anywhere.
Which Sports and Leagues Are Approved for Betting in Indiana?Basically all of them. The only exceptions are high school athletics and esports. Anything not formally approved by the Indiana Gaming Commission can be brought to a debate. Otherwise, Indiana, with its rich traditions in basketball and auto racing, is at the forefront in those two betting markets.
NFL and college football are approved for wagering, along with NHL, MLB, golf, tennis, soccer, UFC and other MMA promotions, boxing, sailing, softball, rugby, Olympic competitions and similar events, cricket, darts, and even entertainment wagers, like the Oscars.
Indiana SportsbooksDue to the ease and convenience of betting on sports with your computer or mobile phone, the focal point in Indiana is on that form of wagering. DraftKings Sportsbook and BetRivers Sportsbook were the first two sportsbooks to officially launch online on October 3, 2019. FanDuel Sportsbook followed on October 26.
Since then, BetAmerica, BetMGM, PointsBet, and Caesars have all launched mobile betting apps in the Hoosier State.
DraftKings has a retail partner with the Ameristar East Chicago Casino Resort, which gave that particular operator a major leg up on the rest of the state with its proximity to the Chicago metro area before Illinois approved its own version of sports betting.
BetRivers has a retail partner with French Lick Resort Casino. Similarly, that partnership in the Indianapolis area gave BetRivers a large market share early in the process as well. Once mobile wagering was approved, those two operators moved quickly and secured large pieces of the pie.
FanDuel Sportsbook is partnered with both Belterra Casino Resort, which is in close proximity to the Ohio and Kentucky borders, and Blue Chip Casino. BetMGM is also partnered with Belterra, as each casino has up to three licenses to dole out to operators.
BetAmerica’s retail partner is the Rising Star Casino Resort. PointsBet is partnered with the Hollywood Casino in Lawrenceburg. Caesars has its own properties in the state, including Indiana Grand and Horseshoe Casino Hammond, another property with proximity to the Chicago area.
William Hill US has not yet launched a mobile app, but has a retail partner at the Tropicana Evansville Casino.
Operators like Fox Bet and theScore Bet were part of Penn National Gaming’s agreement with the Hollywood Casino & Hotel in Lawrenceburg and could launch mobile apps in the near future.
Betting is 21 & over in Indiana.
Mobile and online horse betting is also available in Indiana through places like BetAmerica and TVG. Daily fantasy sports (DFS) is also legal in Indiana and has been since 2016.
In other words, Indiana is quite a gambler’s paradise.
How to Download and Sign-Up for Indiana Sportsbooks?Getting started with one of the apps is really easy. For iOS (Apple) users, the apps are available in the Apple Store. For Android users, there are a couple of extra steps to the process because the Google Play Store does not allow gambling apps to be listed.
For Android users, the best course of action is to go to the sportsbook’s website and follow the instructions to download the app.
Geolocation technology will ensure that you are within the borders of Indiana to access your real money balance, but you can download and sign up for the apps from anywhere. You just cannot place bets unless you are in the state of Indiana.
Deposit methods vary by sportsbook, but just about all of them accept Visa, Mastercard, bank wires, ACH/e-check transfers, PayPal, PayNearMe, and Prepaid cards.
Indiana Betting Online SummaryTo summarize the state of legalized sports betting in Indiana, here’s what you need to know:
- Sports betting was approved on May 8, 2019
- Retail betting launched on September 1, 2019
- Mobile betting launched online on October 3, 2019 with DraftKings and BetRivers
- FanDuel, Bet America, BetMGM, PointsBet, and Caesars followed with mobile apps and online wagering
- Betting is 21 & over in Indiana; wagering on high school sports and esports is prohibited
- Remote registration is allowed, so you can sign up for the mobile apps or sign up on the websites from anywhere in the state
- The Indiana Gaming Commission oversees sports betting in the Hoosier State
Sign up and deposit and start betting on sports in Indiana today!