Indiana Sports Betting: Best Online Sportsbooks
There has been a wave of sports betting legalization across the US since the Supreme Court repealed the Professional and Amateur Sports Protection Act. The top sports betting sites are fighting it out for new users in legal states. How about Indiana? Can you bet on sports in the state? Here’s everything you need to know about Indiana online sports betting.
Is Sports Betting Legal in Indiana?
Yes, it is legal to bet on sports in the state while retail and online sportsbooks are available in Indiana. If you are betting online, geolocation tracking will confirm you are within the state’s borders and can place your first bet. Sports betting is regulated by the Indiana Gaming Commission.
Top Indiana Online Sportsbooks and Sports Betting Sites
If you are looking to place some sports wagers, there are plenty of great online betting options in the state of Indiana. Here’s a look at some of the top sportsbooks in the state of Indiana.
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Indiana bettors can see how FanDuel Sportsbook is a well-regarded and trustworthy sportsbook. It is known for having great live betting options making it one of the industry’s best. It’s an excellent option for bettors searching for betting odds and the famous same-game parlay that FanDuel has put on the map.
BetMGM is a popular sportsbook for Indiana bettors known for its range of solid features that include live betting and the ability to edit bets in your bet slip. It is a great option for bettors looking for great odds on professional sports, prop bets, and more. BetMGM also offers solid promotions to get started betting.
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Caesars Sportsbook is known for having a great VIP loyalty program and it brings that great feature to the Indiana online sports betting market. You can start earning money on your spread bets, moneylines, and more right off the bet. The Caesars Sportsbook is one of the best legal sportsbooks out there as you can get promotions, offers, bonuses, and more as you bet.
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DraftKings Sportsbook is a widely-used Indiana sportsbook and reputable sports betting platform that offers a variety of features, including a rewards program that allows users to earn bonuses, odds boosts, offers, promotions, and more. Additionally, DraftKings provides users with solid odds that compare well with the rest of the legal sports betting industry.
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BetRivers Sportsbook is a top choice for bettors in Indiana looking for a reliable and convenient platform to place their bets. The BetRivers Sportsbook provides a seamless betting experience for both casual and professional bettors alike. The platform offers various betting options for users to get in on the action.
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PointsBet is a solid sportsbook in Indiana that has managed to establish a strong reputation in legal gambling due to some of the unique betting options it offers. These include its famous “Points Betting” which is a solid option for Indiana bettors.
Moreover, the sportsbook provides attractive offers such as second chance bets for new sports bettors as it tries to compete with the best online sportsbook apps and websites.
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Barstool Sportsbook has grown its betting app with the help of strong social media personalities and its strong online following. The sportsbook includes a rewards program for bettors. The sportsbook also has a large variety of betting types and a very interactive sports betting website. It’s making its way up the list of the best online sports betting sites. Barstool also has promotions and odds boosts for users.
Latest Indiana Sporst Betting News
Retail and online sports betting became legal when HB 1015 was signed into law back in May 2019. Retail sportsbooks opened in September 2019 while online sportsbook options became available in October.
Any online sportsbook has to have a partnership with an in-state casino to operate in the state. In the first year, Indiana sports bettors bet more than $1 billion while sports bets in Indiana have surpassed over $5 billion in total bets since becoming legal.
You can bet on college sports including in-state college teams in the state. When it comes to live betting, the Indiana Gaming Commission limits in-game wagers based on their discretion.
Bettors have to be at least 21 years old to participate in the Indiana betting market with sportsbook apps, websites, or retail locations. Bettors from any state can wager in Indiana and participate in legal sports betting as long as they are within the state’s borders.
Registering for Top Indiana Sportsbooks
It’s easy to join an Indiana sportsbook. Find a licensed sportsbook that offers your preferred betting options. Register on their homepage or app and verify your identity and age.
The sportsbook may confirm your location in the state with geolocation technology. After verification, deposit funds and start betting. Anyone can bet online from within Indiana’s borders, even if they’re not an Indiana resident.
Remember, there might be promotions or bonuses from sports betting sites and apps. Check the terms and conditions to confirm how to properly claim the promotions so you can start your online and mobile betting with a bonus.
Retail Sportsbooks in Indiana
If you are looking to bet on sports in Indiana, there are in-person locations at casinos. Here are a few of the retail locations in the Indiana sports betting market.
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Hollywood Casino & Hotel Lawrenceburg
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Bally’s Evansville Casino & Hotel
The state moved quickly to get retail locations and Indiana betting sites running after the passing of the sports betting bill.
Teams to Bet on in Indiana on Sports Betting Apps
There are plenty of options if you are looking for sports teams to bet on in the state of Indiana. There are major professional franchises in Indianapolis like the Pacers and Colts. If you are looking for college sports to bet on, there are the Indiana Hoosiers and Purdue Boilermakers which each compete in the Big 10.
There are several other colleges and universities that Indiana bettors can wager on. Indiana is also home to Butler, Notre Dame, and Ball State. Notre Dame is a popular program especially when it comes to football. The Fighting Irish usually draw a decent amount of wagers in sports betting states across the country.
Indiana Sportsbooks Bet Types and Markets
There are several different bets and wagers you will see on Indiana sports betting apps and websites. Here are a few of the common bets you will see once you sign up for online sportsbooks in the state.
A moneyline bet is a wager on which team will be the outright winner of the game or event. You’re betting on the winner. Favorites are usually listed with negative odds while an underdog will have positive odds.
For example, you check betting odds and see the Indianapolis Colts are a +180 underdog vs the Chicago Bears. If the Colts win the game, a $100 bet would win $180.
For a point spread bet, you’re betting on the margin of victory or defeat in the game. Each team is given a point value to balance the odds for bettors. Point spreads allow you to bet on either team, even if one is heavily favored to win the game or event.
For example, you might see the Indiana Pacers are a -11.5 favorite vs the Chicago Bulls in the NBA. To cover the spread, the Pacers have to win by 12 points or more.
Betting lines for point spreads usually come with odds around -110 on both sides. A $110 bet would win $100. Point spreads are one of the most popular bet types in all of sports.
A total bet is also called an over/under bet. You’re betting on the combined total number of points that both teams will score in the game. Top sportsbooks will set a line on how many points they think will be scored in the game.
For example, the total for a Notre Dame vs Indiana game is 58.5. If you decide to bet the over, you would need 59 or more total points scored in the game. If the game ended 44-20, you would win your over bet because 64 total points were scored.
A prop bet is a wager on a specific outcome within a game. Keep in mind, the outcome is not necessarily tied to the final result. Some people find these bets more enjoyable. Sportsbooks offer props on different outcomes for players, teams, and games.
There are a variety of outcomes such as how many points a player will score, how many rebounds a player will have, how many touchdowns a QB will throw for, and more. There is a deep list of props that you will see a sportsbook offering.
A futures bet is looking at an event or outcome down the road in a sporting season or year. Betting on which team will win the championship or what player will win a major award at the end of the year. These odds change throughout the year based on performance, injuries, and more.
A parlay bet is when you combine multiple outcomes into one single bet slip. This gives you a boost in odds but comes with a catch. To win a parlay, all of the bets have to win. With each leg you add to the parlay, the probability of winning the bet goes down.
For example, you can select three NFL teams each to win on a Sunday in the fall. If any of the teams lose, your bet loses. If all the teams win, you receive your payout based on the odds.
Best Indiana Sports Betting Sites Promotions
When online sports betting in Indiana, you will see promotions and offers from the top sportsbooks. This is a way to encourage new users to register for legal betting. Here are a few of the common promotions that you might see Indiana sportsbooks offer.
One of the best bonuses offered by an online sports betting app is a bonus bet. The best sportsbooks will dish out bonus bets to new users to entice them to register for the platform. Some bonus bets come without any form of a qualifying deposit. All you need to do is sign up and a sportsbook will give you bonus bets up to a certain amount. Sometimes, the bonus bet needs to be wagered on a specific event.
Other bonus bets have what is called a qualifying bet or deposit that you need to activate the bonus. You have to either place a wager or deposit a certain amount of money to receive the bonus bets. For example, DraftKings has run offers in the past where you place a $5 wager and get $150 in bonus bets instantly.
Second Chance Bets or Bet Insurance
A first bet insurance can also be known as a no-sweat bet, second chance bet, or first bet offer. It provides a type of safety net for users who place their first bet. This promotion offers protection for the first bet that you make up to a specific amount.
In the event of a losing the bet, the sportsbook will credit your account with bonus bets or bet credits equivalent to the initial wager. This type of bonus offer is designed to encourage new users to explore the platform and bet without fear of losing their initial amount of money deposited.
Deposit Match Bonus
Sportsbooks will dish out a deposit match bonus for new bettors who register. They usually come in a percentage of your deposit. For example, a sportsbook might have a 100% deposit match up to a certain amount.
When you register and deposit, you receive bonus funds up to the limit. If the offer calls for a 100% deposit bonus match up to $500, you can get $500 in bonus funds by depositing $500.
Refer a Friend
Friend referral promotions reward users for inviting their friends and others to join the sportsbook platform. When a user refers a friend, they will receive a bonus or credit, often in the form of bet credits or bonus bets, once their friend signs up and meets certain criteria.
These types of promotions not only provide incentives for users to invite their friends but also expand the sportsbook’s customer base as they look to grow their sports betting apps quickly.
Using Multiple of the Best Indiana Sportsbooks
You want to get the best value possible out of your bets. To help with this, you can register with multiple Indiana online sportsbooks. Signing up for multiple sportsbooks lets you compare odds and features on the platforms so you can choose the best one for you.
Odds vary from sportsbook to sportsbook as well as promotions. To get the most out of sports betting in the state, you want to know the best bonuses as well as odds before making bets. This is the beauty of online sports betting, Indiana sports bettors can place wagers on multiple sportsbooks to get the best value.
Daily Fantasy Sports in Indiana
Along with the sports betting market in Indiana, you can participate in Daily Fantasy Sports contests. Indiana was the first state to legalize DFS and passed legislation to approve it. So there are both Daily Fantasy Sports and betting options for sports fans in the state.
Indiana Sports Betting FAQ
Yes. Sports betting is legal and live in the state of Indiana. The state passed legislation and got sports betting running back in 2019. There are online sportsbooks as well as retail betting locations in the state.
Yes. There are no restrictions on betting on collegiate Indiana sports teams. This gives sports bettors in the state several Division I schools to bet on like Notre Dame, Indiana, Purdue, and Butler.
Some of the top sports betting apps and sites in Indiana include DraftKings, FanDuel, BetMGM, PointsBet, and Caesars. The online sportsbooks must be partnered with an in-state casino to operate.
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