With a plethora of changes and overhaul to the sports betting realm, it’s time we take a step back and recap everything that has been done up until this point. Back in May 2018, the Professional and Amateur Sports Protection Act (PASPA) was overturned on a 6-3 vote, allowing for states to individually make up their own legislature for sports betting in their respective state.
Since then, a myriad of states have been pushing new bills to get this commodity as a part of their states ecosystem, with the hope of financial upside.
Here, we will look at the individual states and their statuses with sports betting as well as look at some commonly asked questions when it comes to betting. With states bringing it aboard, prospective players may be interested in playing, but have no idea where to begin.
We’re here to help.
Individual State Sport Betting Status
One of the latest states to get in on sports betting, Arkansas betting will be allowed in late 2019 after a 2018 legalization. You cannot bet online or in-person yet.
Sports betting has been legal since June of 2018. You can bet in-person, but not quite yet online.
Sports betting has been legal since August of 2018. Pending regulations, you will be able to bet in-person. There is no online betting.
Sports betting has been legal for numerous decades. There are more casinos than you’d realize and you can bet on your mobile phone.
Sports betting has been legal since June of 2018. New Jersey has been a long time advocate for sports betting. There are many casinos to bet at in-person, and there is some online wagering available, too.
Sports betting was legalized in the state in 2017, and after PASPA, it’s been moving along. The timeline for it being enacted is late 2018 or early 2019. However, pending regulations, online and in-person betting will be offered right when it is enacted.
On November 26, 2018, sports betting will be legalized and in-play. Only betting in-person will be allowed at first. There are no online betting plans.
Sports betting was enacted in September of 2018. You can bet in-person now and will be able to bet online in 2019.
Other States With Recent or Planned Legislation
Here are 18 states with some plans when it comes to sports betting: California, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, New York, Ohio, Oklahoma, Virginia.
FAQ/Sports Betting Guide
What sports can you bet on?
Chances are that somewhere will have essentially any sport you desire to bet on. Also, entertainment and even politics can be bet on.
Are there legalized sports betting sites?
Outside of the United States there are plenty. However, there is SportsConnection.com, based in Nevada. There are, of course, mobile sites for specific casinos in the states outlined above.
iOS and Android Applications?
Plenty of countries outside the US offers apps on these platforms as well as Nevada.
What is vigorish?
Vigorish, or vig, is the term used to define what a sportsbook charges for accepting a bet. On a straight bet at -110, the vig is usually 4.5 percent.
What is a straight bet?
Simple. You pick one team based on the money line or spread. If they win or “cover”, you win.
What is the spread?
Spreads are assigned by the sportsbooks. They are points “given” or “subtracted” to a team. For example, if you bet on the New England Patriots and they are -7, they need to win by more than that. Conversely, if they were +7, they can lose by no more than that to win, or a push.
What is a money line bet?
Both teams will be assigned a money line for a straight up bet. No spreads, just a simple win/lose. For example, the Jacksonville Jaguars money line could be -300. In this case, you would need to bet $300 to win $100.
What is a teaser?
A teaser is similar to a parlay. However, payouts aren’t as high because players are given points to add to the teams in the teaser. You must choose at least two teams, but no more than 10. Teaser points are assigned by the sportsbook.
What is a parlay?
A parlay is when you choose multiple teams that all need to win. The more teams you pick, the higher the payout. However, again, all teams must win.
What is a pleaser?
This is the exact opposite of a teaser. Instead of getting points, you give points.
What is an in-progress bet?
This can usually be done during commercial breaks of games. Not every sportsbook offers them but the lines will differ depending on the situation.
What is a futures bet?
Individual sportsbook will assign lines to things that will happen in the future and you bet using that line. You will not receive payout until after the event of course. A common futures bet is betting on a potential Super Bowl winner.
What are totals bets?
This is based on the combined score of two teams. For example, a game between the Toronto Blue Jays and Tampa Bay Rays could be a total of 9 runs. You would bet the over or the under based on that and win accordingly.
How to deposit online?
Assuming it is allowed and/or legal in that particular state or country, there could be several ways to make payments. A lot of websites accept the standard Visa, Mastercard, perhaps American Express, but there are other methods like a direct withdrawal from a bank account, an e-check, Neteller, PayPal, and maybe even a Money Gram. Each sportsbook has their own individual minimum deposit, but they’re usually around $5 to $10.
How do mobile betting applications know you’re within the confines of the state?
These applications use a geographical technology. When you come on, they request to access your location, which you must oblige to in order to bet.