Legal Sports Betting For Indiana Residents
When we started looking into the different ways to legally bet sports in Indiana, we first came to Internet sports betting. There are live card rooms and other types of gaming in the state of Indiana, but there are no sportsbooks. With that said, we had to look into the online versions of sportsbooks that will let you bet on just about any sporting event you can find. Legal Indiana sports betting sites are based offshore but accept Indiana residents every single day. There is no limit to the available sports or wagering types, and there are even legal sportsbook bonuses to increase your bankroll.
Before you join an online sportsbook while residing in Indiana, there are a few legal matters to discuss. We are not legal experts, but there are still federal and state regulations that you should be aware of. Our page will give you a brief overview of the legal Indiana sports betting outlook along with a few online reviews should you decide to bet online.
Yes and no. The law does not explicitly state that those betting using the internet will be penalized, but it does make it clear that internet sports betting providers based in Indiana are illegal. Indiana's state laws make it a felony to provide gambling of any sort over the Internet, and Indiana even has a "professional gamblers" statute that can punish certain types of individual bettors with serious felony convictions. The Hoosier State is one of 8 American states with harsh laws prohibiting online gambling. The legal Indiana sports betting sites that we recommend are based overseas, which may mean they are out of reach depending on how you interpret the law.
Sports Betting Laws in Indiana
Multiple lines of the Indiana penal code specifically address Internet wagering. Sports betting laws in Indiana are very clear: set up a gambling site in the state of Indiana and you face serious trouble with both the state and federal government.
It isn’t clear whether or not the state is actively pursuing people who wager on sports online—as of this writing, no one has been arrested for betting on sports online in Indiana, though the state’s legal opinion on such betting is both strict and clearly stated. Even though the federal government, through the Department of Justice recently paved the way for legal and regulated online betting, the state government of Indiana is not interested in allowing Indianans to place any wagers at any type of online sportsbook.
With more than a decade of experience, Bovada provides some of the hottest features around. If you sign up with Bovada, you can make deposits through a variety of methods. They provide their players with a solid bonus. They provide their players with a 100% to $250 match upon signing up. This comes with any of their deposit methods, which include credit cards, Bitcoin and wire transfers. Bovada covers bets on a variety of sports, with the NCAA football and basketball seasons being their best. They also have football, hockey, baseball and much more all available through their service. Bovada makes their odds on par or better than most live sportsbooks, which is why we have chosen them as our own.
BetOnline is another major sportsbook accepting residents of Indiana, despite the anti-gambling laws in the state. If you are going to play online, we can recommend BetOnline for straight sports betting. They don't really offer entertainment bets, but this is because they emphasize sports bets so heavily. NFL and MLB seasons are especially great for them. If you decide to join up with this sportsbook, a 50% match to $2,500 can be collected. Provided you know what you're doing, this could easily be one of the most generous sportsbooks. They accept VISA, Bitcoin, wire transfers and prepaid cards to make deposits, which makes it very easy to fund your account. We recommend BetOnline for the wide number of deposit methods, the huge list of deposit options, and all of the impressive sports to bet on.
Indiana may have state laws, but there are also federal laws that impact Indiana sports betting. The first law is the Professional and Amateur Sports Protection Act of 1992 (PASPA) which is why most states do not have land-based sportsbooks. PASPA banned all states from issuing new sportsbook licenses, though Nevada, Oregon, Delaware, and Montana were permitted to keep their preexisting sports betting operations.
The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is the federal law that is most often misunderstood. The UIGEA does not make internet gambling illegal, but is an act that requires banking institutions to monitor and restrict payments related to online gambling. Like most federal laws, the UIGEA does not address individual bettors but intends to target operators and other entities.
The Wire Act of 1961 was one of the first federal laws related to sports betting. Gambling operators in the United States are not permitted to transmit sports wagers or assist with the placement of bets by way of a wire communication facility. The original intent was to help individual states enforce their individual laws and penalties on the sports betting racketeers of the era. Now, the Wire Act also includes sports bets placed on the internet, which is why you will not find US-based sports book operators in Indiana.
With all of the other laws on the books, it is no surprise that Indiana has set a firm legal betting age. Should you bet on sports, you will need to wait until you are at least 21 years old. State law always comes before the age requirement set by the site, which means that even if an online sportsbook accepts other bettors at 18, you will need to wait until your 21st birthday.
Why Did My Credit Card Get Declined?
The UIGEA is a federal law that requires US banks to attempt to block transactions related to online gambling. That is why your credit card may occasionally get declined when making a deposit at an online sportsbook. Still, your payment will most likely be successful on subsequent attempt because online cashiers use a variety of different payment processors.
What Is The Best Legal Deposit Method For I.N. Residents?
Indiana residents most commonly use credit cards for online sports betting because of the level of convenience. You already use your credit card every day, and it happens to be one of the fastest deposit methods that you can use. Your bank may occasionally charge you an international purchases fee, but it is relatively small. Bitcoin is our recommended legal deposit option because of its reliability. Your funds are 100% guaranteed and your account is credited almost instantly. There are also no banking fees when you make a bitcoin deposit, and some sportsbooks like Bovada even offer exclusive bitcoin deposit bonuses from time to time.
How Long Should It Take For The Sportsbook To Payout?
Payout speeds will differ depending on the method that you choose. The fastest way to receive a payout is by using bitcoin. The digital currency is will have your funds in your BTC wallet within 48 hours, and there are never any withdrawal fees. Other methods, such as traditional checks, take a bit longer. It may be a full week before your check gets delivered to your doorstep, and this is after paying a mailing fee of up to $50. Bank wire transfers generally take up to 15 business days, while person to person methods can take up to 5 business days with much higher fees. You can view our legal online sportsbook reviews for more banking information.
Indiana is a state full of sports enthusiasts, and online sportsbooks cater to a wide range of bettors. There are several professional teams that call IN home, along with semi-professional franchises that are also featured at some online sportsbooks. Collegiate sports also play a big role in Indiana fanfare, considering that there are numerous NCAA Division I schools located within the state. We cannot forget that the Hoosier State is also home to the Indianapolis Motor Speedway – host of the highly anticipated Indianapolis 500. Legal Indiana sports betting sites have betting lines on nearly every sporting event imaginable, but here are some of the most popular teams to bet on in Indiana:
Popular Indiana College Teams:
- Indiana Hoosiers
- Notre Dame Fighting Irish
- Butler Bulldogs
- Purdue Boilermakers
- Indianapolis Colts (NFL)
- Indiana Fever (WNBA)
- Indiana Pacers (NBA)