Minnesota Online Sports Betting
There has been a wave of states starting to legalize sports betting over the past few years. Sports wagering is growing as new customers are signing up with the top sportsbooks to bet on sports. What about the state of Minnesota? Here’s what you need to know about Minnesota online sports betting.
Is Online Sports Betting Legal in Minnesota?
As of now, there is no legal sports betting in Minnesota. Sports bettors will have to travel to a legal state for the chance to place a bet with a regulated and legal online sportsbook. Sports gambling is not legal in the state so there are no sports betting apps or sites to wager on sports. Sorry, but sports betting is not legal in MN.
Latest Minnesota Sports Betting News
Another Minnesota sports betting bill has been introduced by representative Zack Stephenson to spark some conversation about the sports betting market and legal online sports betting. In 2022, the bill was able to get some tribal support because it would give them exclusive access to the industry. There is some hope that 2023 could be a key year in pushing to legalize sports betting in Minnesota.
If passed and legalized by Minnesota lawmakers, it’s likely the Minnesota Indian Gaming Association will be in charge of betting in the state. It’s unclear the timetable and whether there would be restrictions on mobile betting or college sports.
Stephenson’s bill, HF 2000, was moved forward by the Minnesota House Commerce, Finance, and Policy Committee back in February of 2023.
Daily Fantasy Sports in Minnesota
It’s an unregulated market at the moment, but daily fantasy sports operators such as DraftKings, FanDuel, and more can accept players from Minnesota. It’s an option for those looking to bet on sports in Minnesota but don’t yet have access to legal Minnesota sports betting sites.
Horse Racing Betting in Minnesota
Bettors in Minnesota can wager on horse racing in the state. There are two racetracks that are regulated by the Minnesota Racing Commission. This is another alternative for those waiting for legislation to legalize sports betting. Minnesota residents can bet on horse racing with online betting sites or with simulcast wagering at the racebook.
Professional Sports Teams and More Options in Minnesota
There isn’t any online sports betting in Minnesota, but if the day comes there will be plenty of options for bettors on sportsbook apps and sites. There are major professional sports teams including the Vikings, Twins, Wild, and Timberwolves. These will likely be popular options for sports betting in the state if sports betting legislation is passed.
There are also options for college sports to bet. These include Division I universities and teams such as the Minnesota Golden Gophers. With no word on the specifics of sports betting legalization, it’s unclear if there will be restrictions for mobile sports wagering or college sports. Some states restrict college events when you bet on sports online.
Popular Bet Types on Legal Sports Betting Sites
There are no options available in Minnesota for legal sports online betting, but that doesn’t mean bettors can’t learn more about the bet types. Here’s a look at some of the popular bet types on online sports betting sites. These are usually available with in-person and online sportsbooks. Eventually, a sports betting bill might be passed allowing sports betting in Minnesota.
Moneylines
A moneyline bet is a wager on which team will win the game straight up. 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 Minnesota Vikings are -120 favorites vs the Bears. If the Vikings are victorious, it would take a $120 bet to win $100.
Point spreads
When you make a point spread bet, you’re betting on the margin of victory or defeat. Each team is given a point value to balance the odds. Point spreads allow you to bet on either team, even if one is heavily favored to win.
For example, you might see the Vikings are -4.5 favorites vs the Bengals. To cover the spread, the Vikings have to win by at least five points.
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.
Totals
When you make a total bet, it’s also known as an over/under bet. You’re betting on the total number of points that both teams will score in the game. The sportsbook will set a line on how many points they think will be scored.
For example, the total for the Minnesota Twins vs Chicago Cubs game is 7.5 runs. For an over bet to win, at least eight runs or more need to be scored in the game. If the game ended 6-4, it would be an over because 10 total runs were scored.
Props
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. For example, Kirk Cousins might have his over/under for passing yards set a 272.5. You are betting whether he will be over or under that mark in the game.
Futures
A futures bet is looking at an event or outcome down the road. Betting on which team will win the championship or what player will win the NBA MVP. These odds change throughout the year based on performance, injuries, and more. You can track futures of major sports teams and players on the top online sites throughout the year.
Parlays
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 the Vikings, Timberwolves, and Twins each to win on a Sunday in the fall. If any of the teams lose, your bet loses.
Minnesota Sports Betting FAQs
No. Sports bettors in Minnesota can’t bet legally on sports. The process of legalization of sports betting is ongoing but no timetable has been set for the sports betting industry in Minnesota. Sports fans can play daily fantasy sports contests.
No. You can’t bet on mobile apps or online in the state of Minnesota. It will take legalizing online sports betting for this to be possible. There also isn’t any sports betting at casinos as of now.
Some of the most popular bet types are moneylines, spreads, totals, props, and more. Since sports betting is illegal in Minnesota, sports bettors have to travel to other states to find the best sports betting sites to place these types of wagers.
As of now, you can’t bet on sports online in Minnesota or at retail locations. Therefore, there are no sports betting sites. Once sports betting is legalized, it’s likely the top sportsbooks will be entering the state trying to get new customers.
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