Indiana Betting Sites
Indiana currently features several active online sportsbooks:
- BetAmerica: Partnered with Rising Star Casino Resort
- BetMGM: Partnered with Belterra Casino Resort
- BetRivers: Partnered with French Lick Resort
- Caesars: Partnered with Harrah’s Hoosier Park
- DraftKings: Partnered with AmeriStar Casino Resort
- FanDuel: Partnered with Belterra Casino Resort
- PointsBet: Partnered with Penn National Gaming
- theScore: Partnered with Penn National Gaming
Some of these internet sportsbooks have emerged as market leaders, including DraftKings, FanDuel, PointsBet, and BetMGM.
DraftKings initially made its name as a daily fantasy sports (DFS) giant. However, it has successfully transitioned towards being one of the biggest names in online sports betting as well.
Current DraftKings Welcome Package
- $25 no-deposit bonus
- Up to $500 risk-free bet
- 100% match deposit bonus up to $500
PointsBet offers a unique style of wagering that sees your winnings rise or fall based on your bet’s winning margin. It also provides traditional bet types, such as money lines, point spreads, totals, live wagering, and proposition betting.
Current PointsBet Welcome Package
- 200% match bonus worth up to $500
FanDuel is another internet gambling company that made its name through DFS. It has also emerged as a top IN online bookmaker.
Current FanDuel Welcome Package
- Up to $500 risk-free bet
Backed by the famed MGM Resorts International, BetMGM is yet another online sportsbook that’s doing well in the Indiana market. It has excelled thanks to its many bet types and markets.
Current BetMGM Welcome Package
- $10 no-deposit bonus
- 100% match deposit bonus up to $500
Are Online Sports Betting Legal in Indiana?
Thanks to House Bill 1015, online sports gambling is legal in the Hoosier State. HB 1015 legalizes both land-based and online betting.
Stipulations of HB 1015
The main components of HB 1015 are:
- Both IN residents and visitors can place bets online or at land-based sportsbooks.
- Professional and college markets are available.
- Esports is not available.
- All Indiana betting sites must partner with a brick-and-mortar operator.
- Each brick-and-mortar casino can feature up to three online partners.
- Operators must pay a $100,000 licensing fee and a 9.5% tax on annual revenue.
- Sportsbooks must also pay a $50,000 license renewal fee.
Who Regulates the Market?
The Indiana Gaming Commission regulates the state’s land-based and online betting industries. It examines applications, issues licenses, monitors operators, and ensures that gamblers are protected.
History of Indiana Online Sports Gambling
The road to regulating gambling in Indiana began when Jim Pressel (R-Indianapolis) introduced legislation in Jan. 2019.
Lawmakers went back and forth on the contents of the bill. They initially wanted mobile betting removed and an “official league data” mandate instated.
Politicians eventually backtracked on these demands. HB 1015 passed the State House and Senate with mobile betting intact and no official league data requirement.
The latter refers to when operators pay sports leagues for their official statistics and results. Such a mandate would’ve increased costs for sportsbooks.
The legislation landed on Gov. Eric Holcomb’s desk in May 2019. He waited several days before signing the bill into law on May 8.
Brick-and-mortar sportsbooks began accepting bets on Sept. 1, just in time for the NFL season. BetRivers and DraftKings both launched online on Oct. 3.
Indiana Betting Apps
Indiana bookmakers offer Android and/or iOS apps. You can use these apps to place bets from anywhere within the state.
Downloading IN Betting Apps
The download process for Indiana Android and iOS betting apps differ slightly because Google Play and Apple maintain separate policies on internet gambling.
Google Play doesn’t allow gambling apps. Therefore, you must visit an IN online sportsbook directly to obtain an Android app.
Apple does allow gambling apps under the condition that developers use the native iOS programming language. You can obtain the relevant betting app through the App Store.
Register for an Account
After obtaining an Indiana betting app, you need to complete registration. The registration process involves entering all required information in the blank fields.
Common fields on these forms include:
- Full name
- Mailing address
- Phone number
- Social security number
- Bonus code (if you want a bonus)
After filling in every required field, you must agree to the terms and conditions and submit your account. Approval should come instantly as long as you’re of age and not identified as a problem gambler.
What Bets are Available at IN betting sites?
The Indiana online sports gambling market provides several wager types. The main betting categories include:
- Moneyline: This is a straight-up bet on which team will win a game. A minus sign indicates favorites (e.g., -150), while underdogs are represented by a plus sign (e.g., +190).
- Totals: Totals (a.k.a. over/under bets) call on you to bet over or under the combined point total for two teams (e.g., over/under 48.5).
- Point spread: A point spread assigns each side several points that they must win or lose by. For example, a -3.5 favorite must win by four or more points, while a +3.5 underdog must lose by three or fewer.
- Live betting: These wagers allow you to keep placing bets even after a match has started.
- Parlay: You select 2+ teams or outcomes on a ticket and must win all of them for a successful bet. Parlays pay more per dollar wagered than the average wager.
- Teaser: These bets also call on you to choose 2+ teams/outcomes. However, you can move (tease) the point spreads in your favor (e.g., NY Jets +5.5 becomes NY Jets +11.5).
- Round robin: Another parlay-style bet, round-robin lets you construct multiple parlays within the same wager. Therefore, you can lose one of the outcomes and still win money.
- Prop bet: These wagers deal with outcomes that aren’t tied to the final score (e.g., lead scorer in a game).
- Futures: You bet on outcomes much earlier than when they’ll be settled. For example, you might wager on the World Series champion before the MLB season begins.
Sports Betting Markets in Indiana
IN betting sites feature a large range of markets, including:
- Auto racing (NASCAR, Formula One)
- Basketball (NBA & college)
- Football (NFL & college)
- Mixed martial arts (UFC & Bellator)
Can I bet on eSports in Indiana?
The Hoosier State is one of the few markets that have flat-out banned esports gambling. Lawmakers take issue with some professionals being under 18 years old.
Many other states have yet to decide on whether they’ll allow esports betting. Indiana, however, was the first to ban this type of wagering.
Popular Local Teams to Bet on in Indiana
Hoosiers can wager on plenty of local college and professional sports teams. Here are some popular teams that Indiana residents enjoy betting on:
- Indiana Pacers (NBA)
- Indianapolis Colts (NFL)
- Indiana University Hoosiers (basketball & football)
- Notre Dame University (basketball & football)
- Chicago Bears (NFL)
- Chicago Bulls (NBA)
- Chicago Cubs (MLB)
- Cincinnati Reds (MLB)
- Cincinnati Bengals (NFL)
How to Deposit at Indiana Betting Sites
You can fund your account at Indiana online sportsbooks using one of the following methods:
- ACH: You send an e-check from your bank to a betting site.
- Cash at the casino cage: You visit an Indiana land-based casino and deposit with cash.
- Credit card: Fund your account with Visa, Mastercard, or any other accepted credit card.
- E-wallet: IN online sportsbooks accept PayPal and Skrill.
- PayNearMe: Deposit with cash at a local 7-Eleven or CVS.
- Play+ card: Many internet sportsbooks feature branded prepaid cards that you can use.
Most of these same options are available for cashouts. You can also request a withdrawal via a paper check.
Indiana Sports Betting Bonuses
The Indiana betting market provides a few different bonus types, including:
- No-deposit bonus: You merely need to register for an account to collect this bonus.
- Deposit bonus: The bookmaker matches your deposit up to a given amount.
- Risk-free bet: You place a wager and, if it loses, have the opportunity to earn back the losses.
- Loyalty rewards: Some online sportsbooks give you extra rewards based on your betting activity.
FAQ on Indiana Sports Betting
You must be 21 years or older to place online sports wagers in the Hoosier State.
Yes. DraftKings is fully licensed in Indiana. It’s also one of the most popular internet sportsbooks in the state.
Yes. The Indiana Gaming Commission regulates the internet betting industry. It ensures that operators behave responsibly and treat customers fairly.
No. You need to be within Indiana state lines to place wagers. Each betting site uses geolocation software to pinpoint your location. If the geolocation determines that you’re in Indiana, you won’t experience any trouble making bets.
Yes. Indiana charges a 3.23% state income tax on gambling winnings. You must cover these taxes along with relevant federal taxes (24%) on betting wins.
A bookmaker should automatically withhold federal taxes when you win 300x your wager. If you bet $5 and win $4,000, for example, then the bookmaker will withhold $960 for the IRS.