Indiana Sports Betting 2020
- Low spread costs
- Coverage for 16 sports
- Excellent betting insurance offers
- Highly usable website
Top Operators for Indiana
|1. FanDuel Sportsbook Review||$500 100% Bet insurance FanDuel Sportsbook Bonus Code||******||
|2. DraftKings Sportsbook Review||$500 50% Dep. Match DraftKings Sportsbook Bonus Code||******||
Online Sports Betting Indiana: Quick Overview 2020
The Indiana sports betting officially started in May of 2019 with the passage of H 1015. This bill gave casinos an opportunity to set up betting shops in the state and start offering both live and online sports wagering. It took a few months for things to really get going and sports betting in Indiana took off by the end of September, when there were already several operators offering their services to interested bettors. First sports bets in the state were accepted early in October.
Introduction to Indiana Sports Betting & Gambling Industry
Sports betting became legalized in Indiana in May of 2019 when the bill was passed regulating this area of the gambling industry. The state already had regulated land-based casinos and many of these operators jumped at the opportunity to include sports betting into their offering once Governor Eric Holcomb passed bill H 1015 into a law. Starting with September of 2019, almost every major casino in Indiana also offers sports betting services.
Landbased Sports Betting Legal Situation
Landbased sportsbooks in Indiana can be set up within existing gaming facilities, i.e. casinos. The state has a bit potential in terms of sports betting as it has around six million people, so the market is really big. Thus, it is no surprise that most licensed casinos in Indiana were quick to apply for sports betting licenses once the Indiana sports betting bill was passed.
In addition to the healthy betting market in the state, Indiana can also count with bettors from neighboring states, in particular Illinois. While the sports betting law is on the verge of being passed in Illinois, this hasn’t happened yet and, in the meantime, Indiana is reaping fruits of bettors coming over from the neighboring states to place their sports wagers.
Indiana offers a wide range of betting options so punters can definitely feel at home here. There are some exclusions, though, that can’t be offered by the bookies in the state. This includes eSports as well as any sports where participants are under 18. This is done to protect young athletes from any potential pressures and is something we’ve seen in other sports betting bills as well.
Online Sports Betting Legal Situation
Unlike some other states, Indiana has kicked things off with online/mobile betting from the day one. The online sports betting Indiana has been regulated together with the land-based niche so that the operators could offer online betting for their players without restrictions as long as they have required licenses.
Almost every sportsbook in Indiana offers a website where bettors can place their wagers on the spot without any difficulties. These betting sites can be accessed from any state and players are free to open account but they have to be physically present in Indiana to be able to place sports bets. Once the account is created and activated, you can fund it using a variety of convenient methods such as PayPal, credit and debit cards, bank transfers, prepaid cards, and more.
Mobile Sports Betting & Gambling Situation
While most sportsbooks in the state offer a website that players can use, the best way to bet remotely is by using a mobile app. Most Indiana sports betting companies have developed and launched their own betting apps that players can download and install on their Android and iOS devices so that they have an easy access to their favorite betting options at all times.
These apps are available for download and installation from the bookies’ sites and relevant app stores and bettors can get them at their convenience. You don’t have to be in Indiana to be able to download any of the apps and you can even open an account from a different state. However, to place any bets, you’ll need to actually be in the state.
The process of registering for an account and depositing funds to play with is usually very simple and straightforward and players should prefer using apps over desktop websites. Although both options work very well, mobile apps are better-adjusted and more player-friendly in every sense of the word.
Online Sports Betting Operator Licensing Process
One of the reasons so many land-based casinos have expanded into the world of legal sports betting Indiana is the low barrier of entry. Unlike many other states that have hefty licensing fees in place, Indiana only requires a fee of USD 10,000 to acquire a legal license to operate a sportsbook in the state.
Of course, not everyone can just apply and receive Indiana sports betting licenses. This offer is available only to already licensed gambling establishments, i.e. casinos. For their application to be successful, they need to have a separate area where land-based sports betting is taking place even if they hope for a bulk of their activity to happen online.
Casinos are free to partner up with experienced sports betting operators to help them set up a successful operation and grow faster. All casinos licensed to offer sports betting are also free to launch their own online betting sites and mobile apps without any additional requirements except for the ones that deal with safety and data protection.
It is worth mentioning that the tax on sports betting in Indiana is just 9.5 percent, which is quite lower than in many other states. This creates a very favorable environment for the operators and gives them more opportunities to offer better bonuses and promotions for their customers.
Indiana Online Sportsbook List 2020
|Operator Name||Landbased Partner|
History of Gambling & Sports Betting in Indiana
Today, Indiana is one of the states where gambling is legal in several riverboat casinos as well as some land-based venues and racinos. However, like with most states, this wasn’t always the case as Indiana went through a long process of figuring out where exactly they stand with regards to gambling.
An early Indiana constitution from 1851 included a ban on lotteries. Although the constitution mentioned lotteries specifically, this stipulation was widely regarded as a ban on all forms of gambling. This item was changed well over a hundred years later, when state voters approved an amendment that lifted the ban on lotteries in 1988.
This amendment finally opened doors for the possibility of casino gambling as well. Of course, there were still many opponents of this idea so the first proposal of Thomas Barnes, the mayor of Gary at the time, was turned down in 1989.
The Gary bill was introduced several more time but it was stopped every time at one point or another. Finally, in June of 1993, the State Assembly passed the law that made it possible for riverboat casinos to start operating in Indiana. This was a major moment in the legislative history and a couple of years later, first casinos appeared within the state borders.
As for the betting, only pari-mutual betting was allowed in Indiana until very recently. With PASPA being overturned, though, the state saw the opportunity to finally legalize sports betting in full and jumped at that opportunity. The bill was passed in May of 2019 with first sports betting operators opening their doors in September of the same year.
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Sports Betting Indiana: Frequently Asked Questions
Responsible Online Gambling
While gambling in all of its forms, including betting on sports, can be very entertaining and exciting, it doesn’t come without its perils as well. Gambling addiction and other problems connected to it are very real and should never be disregarded or dismissed as a minor issue. It is very important to recognize these as real and treat them as such.
We advocate responsible gambling across the board, which means you should never play over your limits and should only bet with the money you can afford to lose. Bookmakers in Indiana offer a variety of tools you can use to help you set your deposit and betting limits and stop yourself from spending too much.
However, with all these tools in place, it is still possible for a problem to develop. If you feel like you’re not in control of your play at any point, you should stop and turn to an organization such as Gamblers Anonymous, who can help you see the situation in new light and take necessary steps before things become too serious.
Daily Fantasy Sports (DFS): Use Your Expertise to Win
Daily Fantasy Sports (DFS) are a special type of competition that has some elements of sports betting but it pitches players one against other instead of going against the bookies. In general, fantasy sports are much more skill-oriented as they provide ample opportunities for the players knowledgeable about a particular sport to win more frequently.
In Indiana, DFS are completely legal and players are free to get involved with major operators such as Draftkings and FanDuel. Those who prefer this form of competition over traditional sports betting can continue to enjoy it even after the passage of the bill as the law doesn’t say anything about fantasy sports and doesn’t prevent operators from other states to continue conducting business in Indiana.
Some are of the opinion that DFS could lose on their popularity moving forward as players now have access to traditional sports betting options, which seem to be preferred by most bettors. However, DFS have also become quite popular in the US, especially in the past few years, so there is no reason to believe that major fantasy sites will take a big hit.
Either way, players who enjoy DFS over traditional betting can continue doing their thing and having fun without any obstacles. This is definitely great news for the fans of DFS as some states have taken a much harsher stance, pushing out some of the major fantasy sites with the approval of their sports betting bills.
Social Casinos: Gambling with No Monetary Risk
Unlike sports betting, other forms of gambling still remain unregulated in Indiana. This means that players looking to try their luck with some slots or table games like roulette or blackjack can play with offshore sites (which we definitely don’t recommend) or wait for the legislation, which can take a few years. What could you do in the meantime?
The answer is: play on social casinos! The number of quality social casinos has been on the rise as of late. These sites have all the features of real-money casinos but don’t require players to put any actual cash on the line. Instead, you get to play for tokens or play chips as you unlock virtual rewards and get access to new games as you move up in the world.
These social gambling platforms like Huuuge Casino, Viva Slots, and Slotomania, represent an excellent alternative for all fans of gambling in Indiana. You’ll get to experience all the thrill of gaming on slots and table games but without risking any cash of your own. It is also a great way to learn the rules and strategies of some popular games for free and get ready for when the legislation finally does kick in.
Quick Indiana Gambling Guide
|Permitted / Offered?||Notes & Restrictions|
|Land-Based Casinos||Yes||Allowed at river boats and designated land areas|
|Online Gambling||No||Online casino gambling (slots, table games) and online poker are currently illegal in Indiana|
|Sports Betting||Yes||The sports betting law was passed in May of 2019, allowing bettors from Indiana to bet on a variety of sports in land-based venues and online|
|Lottery||Yes||State lottery was established in 1988 in Indiana|
|Daily Fantasy Sports||Yes||Indiana allows players to play at DFS sites with no restrictions and the new betting law includes no prohibitions in this regard|
|House Gambling||Yes||Only games of skills and charitable events|
|Minimum Gambling Age||18||18 for the state lottery, 21 for sports betting and other forms of gambling|