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Let’s review the Indiana online sports betting scene and see what specific laws you will have to follow to practice legal sports betting in the Hoosier State.
Sports Betting Online Bookmakers in Indiana
In the table below, you can see all the active Indiana online sports betting platforms, the casinos, they are licensed with, and the welcome bonuses.
|Sportsbooks||Casino Partner||Welcome Offer|
|PointsBet||Lawrenceburg’s Hollywood Casino||2 Risk-Free Wagers up to $2,000|
|DraftKings||Ameristar Casino East Chicago||Deposit Bonus up to $500|
|BetRivers||French Lick Resort||Up to $250 Deposit Bonus|
|FanDuel||Belterra Casino Resort||Risk-Free Bet up to $1,000|
|BetMGM||Belterra Casino||Risk-Free Wager up to$600|
|Unibet||Caesars Horseshoe Hammond||$40 Free Bets + up to $500 Risk-Free Wager|
|William Hill||Tropicana Evansville||Risk-Free Bet up to $500|
|TheScore||Ameristar Casino East Chicago||Risk-Free Wager up to $500|
|TwinSpires||Rising Star Casino Resort||$200 Sign Up Bonus|
|Caesars Sportsbook||Horseshoe Casino Hammond||Welcome Bonus up to $300|
Active Legal Sports Betting Platforms in Indiana
If you are looking for online bookmakers who operate legally in Indiana, you need to refer to the table in the previous paragraph. We are sure that these won’t be the last Sportsbooks available in the state but it’s a great start. Each Sportsbook offers various sports and markets to their customers and the bonuses vary.
Future Sports Betting Online Platforms in Indiana
We are sure that there will be more Sportsbooks surfacing in Indiana soon. The following brands have either a vendor license or a temporary vendor license, but haven’t launched yet for one reason or another:
- SBK Sportsbook
- FOX Bet
- Wynn Sports
- Penn Sports Interactive
Which Indiana Casinos have Sportsbook Partners?
In Indiana, only fourteen properties have Sportsbook permits. All of the fourteen facilities launched retail sports betting in 2019. Each of these casinos’ licenses lets them have up to three skins, which means that many different Sportsbooks can be available in the state. There is also a possibility for a few of the bigger and better Sportsbooks to dominate the market and leave the rest in the dust. They are a combination of:
- OTB (off-track betting) facilities
Indiana Sports Betting Laws and History
Indiana’s sports betting history began in 2019 when retail and online betting were officially launched. The bill that allows sports wagering (HB 1015) was signed by Gov. Eric Holcomb in May 2019, and it only took them five months to finalize the laws and regulations and officially launch betting.
The organization, which is responsible for regulating the activity is the Indiana Gaming Commission (IGC). The most important rules and regulations are:
- Mobile and online wagering is allowed in Indiana.
- You can register on a Sportsbook from anywhere in the state.
- You can’t place wagers on amateur athletes which are under 18 years old.
- Wagering on e-sports isn’t allowed.
- All casinos have to independently test their sports wagering systems.
Additional Information on Indiana Online Sports Betting
Which Sports and Leagues Customers Can Bet on?
The IGC is running an official list of what Sportsbooks can offer in terms of betting and you can check out that list on the official Indiana website. There are several professional sports teams in Indiana, which draw enough interest and you can bet on them via licensed Sportsbooks. Here are some of them:
- Indianapolis Colts (NFL)
- College Basketball and Football teams
- Indiana Pacers (NBA)
Are There Any Banned Sports or Games in the State?
Indiana is one of the states which has looser rules when it comes to sports betting. For example, College Sports betting is permitted and you can place props, but you can’t bet on high school/amateur sports or athletes. Also, e-sports betting is forbidden, so you won’t find a bookmaker in Indiana who offers this type of betting.
Type of Bets Available in the Hoosier State
Indiana allows all the popular bet types, including:
- Point Spread
- Round Robin
Sportsbooks are also allowed to offer both pre-game and in-play betting markets, but keep in mind that the number of markets available on in-play events would be less than on pre-game matches. You can also use the cash-out feature on pre-game bets, which may help you if your bet isn’t going the way you planned.
How to Sign Up and Place Bets on Online/Mobile Sportsbooks
Creating an account on an online/mobile Sportsbook is straightforward. After finding the registration form, you will have to fill out your details and verify your account. After verification, you should have full access to the platform, including withdrawals.
Placing bets via a mobile app or a site is easy – you will have to browse their collection of betting options and click on the odds to transfer them to the bet slip. Once there you can add more selections or place the bet with the single selection after entering a stake amount.
Placing a Bet in a Land-Based Casino Location
Placing a bet in a land-based location isn’t as hard as you think. All you have to do is fill out the betting sheet and register it with the help of a customer at the desk. They will give you your bet slip and the next step is waiting to see if you won or not.
Questions and Answers Regarding Indiana Online Sports Betting
What are the requirements to legally place bets in Indiana?
The only requirements are that you are 21 years or older and inside state lines at the time of wagering.
Do I have to be a resident of Indiana to bet?
No, you don’t. All you have to do is be inside the state at the time of betting.
What are the available payment methods in Indiana?
Indiana can provide the following deposit and withdrawal methods:
- Credit and debit cards
- Play+ Card
- Cash @ Casino cage
What is the tax rate for operators in Indiana?
The tax rate on sports betting revenue is 9.5%.
How much is the vendor license and how much does it cost to renew it?
The operator license costs $100,000, and it must be renewed every year. The annual renewal fee is only $50,000.