Welcome to LegalBetsNow.com! No matter which sport you want to bet on, the number of legal sports betting options may shock you. Over the last few years, sports betting has grown exponentially. What used to be a $1 billion intake during a month of the NFL season has grown to upwards of $10 billion in just five years.
Knowing where sports betting is legal in 2023 is easy. But, our goal is to ensure you are up to date with sportsbook law changes, sports betting news, and current odds so you always end up on top. You will find reviews of the best legal online sports betting sites for 2023 right here on our site!!
- 39 states (including Washington DC) have approved sports betting laws within their district, though one (Vermont) has yet to launch.
- Sportsbooks extend to US territories as well, with Puerto Rico having a regulated industry.
- There are over two dozen sports to bet at legal sportsbooks online and hundreds of leagues from college to pro.
- To date, land-based and mobile betting apps have taken in over $260 billion in sports bets since May 2018.
Legal Sports Betting in 2024
The sports betting industry in the United States has seen significant changes in recent years, creating new avenues for states and bettors alike. With the legalization of sports betting, there has been a surge in opportunities, leading to notable growth within the sector.
This comprehensive guide offers a detailed analysis of the state of legalized sports betting across the nation, encompassing crucial aspects such as market scope, revenue allocation, recent developments, essential facts, legal frameworks, historical backdrop, and valuable references.
Sportsbook Bonuses & Promos
Types Of Sportsbook Bonuses & Promotions
Here are some of the most common and popular welcome offers online sportsbooks offer.
- Bet & Get – Site credits offered after your first wager. on the site that pays out whether you win or lose. Bet365’s bonus is a great example of this kind of bonus.
- Second Chance Bets/No Sweat Bets – You are refunded you in bet credits if you lose your first real-money bet. These are very commonly offered and used to be known as risk free bets before regulators cracked down on this terminology citing the fact that there was inherent risk involved. BetMGM’s current welcome offer is an exemplary example of a Second Chance Bet.
- Deposit Bonus – Deposit bonuses typically offer users a matched (or partially matched) bonus in bet credits for their first deposit on the sportsbook. Desert Diamond currently offers users a deposit bonus.
Featured Bet & Get Offer:
Bet $5 Get $150 In Bonus Cash!FanDuel Promo Code: VISIT FANDUELFeatured Second Chance Bet:
Bet $5 Get $150 In Bonus Cash!FanDuel Promo Code: VISIT FANDUELFeatured Sportsbook Deposit Bonus:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Other Types of Online Sportsbook Promotions
Sportsbooks often entice new customers with enticing bonuses and promotions. While these offers can provide value, it’s essential to understand the terms and conditions attached to them:
- Ongoing Promotions: Check if the sportsbook offers ongoing promotions for existing customers, such as reload bonuses, free bets, or cashback offers.
- Loyalty Programs: Explore whether the sportsbook has a loyalty program that rewards frequent bettors with exclusive perks.
- Bonus Codes: Determine if bonus codes are required to claim offers and ensure you follow the instructions accurately.
Betting Variety
Legal online sports betting in 2024 offers an extensive array of betting options. Bettors can choose from traditional bets like moneylines, point spreads, and totals, as well as prop bets, parlays, teasers, and more.
Additionally, sportsbooks often provide unique betting markets, such as player and team-specific prop bets, offering diverse opportunities to wager.
Best Online Betting Site With Variety of Bets:
BET $5 GET $150 IF YOUR TEAM WINS!DraftKings Promo Code: VISIT DRAFTKINGSLive betting sites allow users to place wagers with updated odds while an event is ongoing. Most sportsbooks offer live betting, but there is a high variance between the average site and those that aim for pristine live experiences.
Maybe the most exhilarating way to wager, live betting is a massive part of the online sports betting market.
Best Sportsbook For Live Betting
Bet $1 Get $365! In Welcome Bonuses!NO CODE: VISIT BET365Sports & Betting Markets
Best Online Sportsbook With Types of Sports:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Best Online Sportsbook With Types of Sports:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Best Online Sportsbook With Types of Sports:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Best Online Sportsbook With Types of Sports:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Best Online Sportsbook With Types of Sports:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Best Online Sportsbook With Types of Sports:
125% Sign-Up Bonus up to $3,125 on your first deposit.BetUS Promo Code: JOIN125Legal Sports Betting FAQs
Where Can I Use An Online Sportsbook In The US?
Online sportsbooks can be used in states where sports betting is legally regulated. As of January 2023, here are some of the states that have legalized sports betting: New Jersey, Pennsylvania, Nevada, Colorado, Indiana, Illinois, Iowa, Michigan, Virginia, West Virginia, Tennessee, and more.
What U.S. states have legal sports betting?
Several U.S. states have legalized sports betting, and the landscape continues to evolve. It’s essential to note that the legal status of sports betting can change, so it’s advisable to check for the latest updates. As of January 2023, some states with legal sports betting include New Jersey, Pennsylvania, Nevada, Colorado, Indiana, Illinois, Iowa, Michigan, Virginia, West Virginia, Tennessee, and more. Additional states may have legalized sports betting since then, so stay informed about the latest developments.
What’s The Difference Between Legal Online Sportsbooks And Offshore Sportsbooks?
Legal Online Sportsbooks:
- Legal online sportsbooks are licensed and regulated by state authorities.
- They operate in compliance with U.S. laws and regulations, providing a safe and secure betting environment.
- Winnings from legal sportsbooks are subject to taxation and can be withdrawn without issues.
- Customer support is typically available and responsive.
- Legal sportsbooks offer a variety of payment options.
Offshore Sportsbooks:
- Offshore sportsbooks are based in foreign countries and may not be subject to U.S. regulations.
- They may not provide the same level of consumer protection as legal sportsbooks.
- Winnings from offshore sportsbooks may be subject to taxation, but compliance can be challenging.
- Customer support may be less reliable, and dispute resolution can be challenging.
- Payment options may be limited, and fees can apply.
What are the key differences between live and unrestricted online sports betting?
Live Online Sports Betting:
- Live online sports betting allows you to place bets on sports events in real-time, as they happen.
- You can bet on various outcomes during the game, including scores, player performances, and more.
- Live betting provides an interactive and dynamic betting experience.
Unrestricted Online Sports Betting:
- Unrestricted online sports betting refers to traditional pre-game betting, where you place bets before an event starts.
- Bets are typically placed on outcomes such as game winners, point spreads, totals, and props.
- Unrestricted betting allows for thoughtful analysis and planning before making wagers.
What is the current legal status of sports betting in the U.S.?
The legal status of sports betting in the U.S. varies by state. The Supreme Court’s 2018 decision to overturn the Professional and Amateur Sports Protection Act (PASPA) allowed states to individually legalize and regulate sports betting. Since then, many states have legalized sports betting, while others are still in the process of considering it. It’s essential to stay updated on the legal status in your specific state or jurisdiction.
How many online sportsbooks are there in the US?
The number of online sportsbooks in the U.S. is continually changing as more states legalize sports betting. There are numerous licensed online sportsbooks operating in legal jurisdictions across the country. The exact number can vary from state to state, and new sportsbooks may enter the market regularly.
What types of sports bets can players make?
Sports bettors can place various types of bets, including:
- Moneyline bets: Betting on the outright winner of a game or event.
- Point spread bets: Betting on the margin of victory.
- Totals (Over/Under) bets: Betting on the total points or goals scored in a game.
- Parlay bets: Combining multiple bets into one wager for higher potential payouts.
- Teaser bets: Similar to parlays but with adjusted point spreads or totals.
- Props (Proposition) bets: Betting on specific outcomes within a game, such as player statistics or game events.
- Futures bets: Betting on the outcome of an event that will occur in the future, such as championship winners.
How do I choose an online sportsbook?
When choosing an online sportsbook, consider the following factors:
- Licensing and regulation: Ensure the sportsbook is licensed and regulated in a legal jurisdiction.
- Reputation and reviews: Read reviews and gather information about the sportsbook’s reputation and user experiences.
- Betting options: Assess the range of sports, bet types, and markets offered.
- Bonuses and promotions: Consider the quality and fairness of bonuses, including wagering requirements.
- Odds and lines: Compare odds and lines with other sportsbooks to find the best value.
- User experience: Evaluate the user interface, mobile compatibility, and live betting features.
- Deposits and withdrawals: Check the availability of convenient and secure payment options.
- Customer support: Ensure responsive and helpful customer support is available.
Why Sign Up For Multiple Sportsbooks?
Signing up for multiple sportsbooks offers several advantages:
- Access to competitive odds: Different sportsbooks may offer better odds on specific events or markets.
- Bonus opportunities: You can take advantage of welcome bonuses and promotions from multiple sportsbooks.
- Diversification: Spreading your bets across multiple sportsbooks can help manage risk and maximize potential returns.
- Line shopping: Comparing odds and lines from different sportsbooks allows you to find the best value for your bets.