Indiana Online Sports Betting

Indiana sports betting kicked off on Sunday, September 1, 2019. That day, Gov. Eric Holcomb placed bets on the Colts and Pacers to win 2020 championships, and on Indiana’s WNBA team to win their game that night (he lost this bet). Holcomb signed the Hoosier state’s sports gambling bill into law on May 8, 2019.

Editor’s Note – Thanks to all RotoGrinders readers who participated in our Indiana online sports betting survey! Head over to this page if you’re interested in seeing the results of the survey.

On October 3, 2019, Rush Street Interactive (via its BetRivers brand) and DraftKings went live, giving bettors their first two Indiana mobile sports betting apps. On October 22, 2019, FanDuel became the third active Indiana online sportsbook.

Earlier, in the summer of 2019, the Indiana Gaming Commission (IGC) began taking applications and issued 14 temporary Certificates of Authority to casinos and six temporary vendor licenses to sportsbook technology providers. The approval of temporary emergency sports betting regulations on August 28 is what opened the door for sportsbooks to launch before the first NFL game of the 2019 season, which several did.

For Indiana sports bettors, retail sportsbooks in brick and mortar casinos, racetracks, and off-track betting parlors – as well as mobile sportsbook apps – are all now open for business. And more are on the way! It’s a fantastic time to be an Indiana sports fan and bettor, especially with March Madness betting on the horizon. If you’re a college hoops bettor, check out our page for March Madness betting odds updates. Also, check this page often for news, updates and, of course, the best Indiana online sports betting promo codes and bonus offers.

Indiana Mobile and Online Sportsbooks

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Indiana has 12+ casinos that could, as a result of the agreed-upon sports betting legislation and regulations, have up to three contracts, or skins, with different online sportsbooks. Add in racinos and off-track betting parlors, and there’s a candy counter of Indiana sports betting promo offers forthcoming. Thus far in the U.S. online sports betting market, only one state has this much license flexibility and as many online sportsbook options – New Jersey.

Operators wanting to establish sportsbooks in Indiana pay an initial fee of $100,000 for a license and $50,000 annually after that for the privilege to serve Indiana sports fans and bettors. The law sets a 9.5 percent tax rate on sports bets, with 3.3 percent going to help those with gambling problems and the remainder feeding the state’s general fund. Cha-ching.

Three Indiana online sportsbooks are live. Given what we know about existing mobile betting partnerships, a number of additional Indiana online sportsbooks could launch by the end of 2020:

Indiana Online SportsbookLicense PartnerSports Betting Service ProviderLaunch Date
DraftKings SportsbookPenn NationalKambiOctober 3, 2019
BetRivers (Rush Street Interactive)French Lick ResortKambiOctober 3, 2019
FanDuel SportsbookBlue Chip/Boyd GamingIGT/PPBOctober 22, 2019
Caesars EntertainmentScientific GamesTBA
FOX BetPenn National (projected)The Stars GroupTBA
Penn Sports InteractivePenn NationalKambiTBA
PointsBetPenn National (projected)PointsBetTBA
Smarkets (exchange wagering platform)Rising Star Casino ResortSmarketsTBA
William HillTropicana EvansvilleWilliam HillTBA

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More On Indiana Online Sportsbooks

Here’s what we know right now about Indiana online sportsbooks:

Rush Street Interactive: No stranger to the sports wagering space, Rush Street Interactive, in partnership with Kambi, has mobile betting sites up in New Jersey (Play SugarHouse) and Pennsylvania via the Play SugarHouse and BetRivers brands. On October 3, 2019, Rush Street went live with Indiana online sports betting, launching BetRivers Indiana online sportsbook.

Use our BetRivers Indiana promo code for the best available bonus offer!

DraftKings Sportsbook: In 2018, the daily fantasy sports superstar became the first online sportsbook to offer betting outside Nevada, setting up shop in New Jersey. DraftKings has a partnership with Caesars, which in June 2018 bought Centaur Gaming, bringing with it Hoosier Park and Indiana Grand horse racing racinos.
On October 3, 2019, DraftKings launched its Indiana online sportsbook, joining Rush Street’s BetRivers brand as the first to marker. Caesars has four Indiana properties in total, so along with DraftKings, we also expect Caesars to have a substantial presence in Indiana.

Use our DraftKings Indiana online sportsbook promo code for the best available bonus.

FanDuel Sportsbook: FanDuel is already a market leader in online sports wagering, especially in New Jersey, where it’s the industry’s revenue king. As part of a multi-layered deal last year, Boyd Gaming bought Belterra Casino Resort in Indiana. Two months later, Boyd Gaming, which also owns Blue Chip, partnered with FanDuel. Given these deals, it seems reasonable to assume FanDuel might follow a similar path to DraftKings in trying to grab as much of the market share as possible.

On October 22, 2019, FanDuel Indiana online sportsbook went live. Use our FanDuel Indiana online sportsbook promo code to get the best available FanDuel promo offer.

With an 85 percent share of online betting, DraftKings and FanDuel are dominating New Jersey sports wagering, a scene we may see play out similarly with Indiana mobile wagering, and across the U.S.

William Hill: At the 2019 Sports Decisions Makers Summit, William Hill made strong indications that sports gambling expansion was in its plans. A few months later, William Hill made good on these plans by finding a partner in Tropicana Evansville.

PointsBet: This Australian sportsbook is upping the ante in mobile wagering at the Meadowlands in New Jersey, and will set up shop in partnership with Catfish Bend Casino in Iowa. The book offers high-risk, high-reward wagers contingent on how close the bettor’s prediction is to the final game outcome.

In Indiana, PointsBet is entitled to the second skin of Penn National properties, of which there are two in the state.

Scientific Games: Aligned with Caesars in Indiana, Scientific Games already powers several of Caesars’ retail books in the state. Look for this partnership to extend online, where Scientific Games should man multiple online skins.

theScore: Now live in New Jersey, theScore has its heart set on Indiana, and via the partnership with Penn National, it looks like a sure bet.

The Stars Group: The world’s largest public online gambling company (and recently acquired by Flutter) is charging hard on its goal to leave a lasting footprint in the U.S. After forging a deal with Fox Sports, TSG rebranded its online sportsbook to FOX Bet in both NJ and PA. On the heels of the Fox deal, an agreement with Penn National was announced, opening the door for FOX Bet in as many as nine states. 

Starting the first week of October 2019, Indiana began a period of testing and vetting processes for potential online sportsbooks – just like we saw with PA online sports betting. On October 3, 2019, BetRivers and DraftKings became the first two Indiana online sportsbooks to launch.

Indiana Mobile Betting: Who Can Bet and How?

To place bets in Indiana, online or in person, you must be 21 years of age or older. You do not need to be an Indiana resident, but you must be within state lines to place a bet online. Sportsbooks are required to use geolocation technology to comply with that requirement.

Bets can be placed on professional and collegiate sports, including American, European, and other international contests. Forget about wagering on high school, youth or e-sports – that’s a big no.

Participants can able to register to bet online. In-person registration at casinos is available but not required in Indiana.

Remote Registration for Indiana Mobile Sportsbooks

For years, those running brick-and-mortar sports gambling operations feared mobile betting would lead to their demise. That prompted many state legislatures or gaming commissions to insist that bettors who wanted to gamble online or on mobile devices had to visit a casino and register for the privilege.

That keeps foot traffic in casinos, and maybe bettors drop a few dimes while inside, operators concluded. On the flip side, many bettors think the practice of having to register in a casino is arcane.

Nevada was the first state to offer mobile sports wagering, and bettors must first set up an account in person at a land-based casino. In February, the Nevada Gaming Control Board dismissed remote mobile account setup.

New Jersey, on the other hand, was the first state to allow online registration for mobile sports betting. In its April 2019 report on revenues, officials concluded 81 percent of all wagers in NJ were online or mobile bets.

For Indiana mobile sports wagering, bettors will have a choice between registering online or in-person at a casino. Prospective Indiana online sports bettors will need to provide a form of payment and a driver’s license or state-issue ID with their date of birth.

Pennsylvania also allows remote registration. Iowa will not enable remote registration until Jan. 2021. It varies from state to state, so if you’ve got legal betting where you live, check your state requirements.

Indiana Sports Betting Regulations

Here are some of the most important regulations for betting on sports in Indiana, as laid out and approved by an IGC panel on August 28, 2019:

  • The earliest launch date was September 1, 2019 (this launch date was met)
  • An initial fee of $100,000 and an annual license fee of 50,000 each year after
  • Tax rate of 9.5%
  • 3.3% of this tax revenue would go to helping problem gamblers
  • No commissions for sports leagues and the use of “official league data” is not mandated
  • The bill allows for full-scale mobile sports betting in Indiana and does not require in-person registration

Indiana Online Sports Betting FAQs

Question: Is sports betting legal in Indiana?

Answer: Yes – Gov. Eric Holcomb signed the bill for retail, mobile and online sports betting into law on Wednesday, May 8, 2019.

Question: Where will I be able to place a sports bet in Indiana when it does become legal?

Answer: In the state’s 13 casinos/racinos, initially. As of October 2019, bettors can place a wager anywhere they can find an internet connection via an Indiana mobile sports betting app.

Question: Which sports can I bet on?

Answer: All professional and collegiate sports, including American, European, and other international markets. 

Question: When will sports betting in Indiana go live?

Answer: It’s already live, with the first retail books opening their tellers in September 2019. Mobile wagering went live in October 2019.

Question: What types of bets will I be able to make?

Answer: There is a wide array of bet options in Indiana, including:

Moneyline – The odds a bettor lays on a straight bet. For example, a -150 moneyline indicates a bettor must lay $15 for every $10 they’d win when the bet comes through. If the moneyline is +140 on the game, the bettor wins $14 for every $10 they wager.

Spread – A point spread is used by oddsmakers to attempt to level the playing field from a betting perspective. The favorite is assigned a spread it must overcome (-5, for example) while the underdog is given points (+5, for example). In order to win point spread wagers, bettors must “cover the spread.”

If a bettor takes the Buffalo Bills -5, the Bills must win by 6 or more in order for the bet to cash. If a bettor takes the Miami Dolphins +5, the Dolphins must either win outright, tie, or lose by 4 points or less in order for the bet to cash. When a team wins or loses by the exact spread, the bet is considered a push.

Over/Under – The over/under line, or “Total”, sees oddsmakers set a line on the total number of points scored by both teams in a given game. If the total is set at 51, the final score must combine for more than 51 points for an over bet to win, and fewer than 51 points for an under bet to win. A final score of exactly 51 points would result in a push.

Prop Betting – Prop bets are lines for specific outcomes on specific events. There are prop bets on players, teams or even the flip of a coin at the start of a game. Props can be for a single game or for the entire season.

For example, there could be a prop bet on Lamar Jackson’s rushing yards in a given game. If the line is 67.5 rushing yards, he would need to rush for 68 or more yards for the over on the prop bet to cash, and 67 or less for the under to come through.

Parlays – A parlay refers to a bettor taking a series of two or more bets (of any type) and combining them to create odds higher than each event on its own. Every individual bet chosen for the parlay must win in order for the parlay to cash.

Futures – A futures bet is a line set on an event that can only happen in the future. The money is wagered on a current line – which may or may not change – at which point a bettor’s money is locked into that line. Futures bets are often placed on a team to win the Super Bowl, World Series, NBA Championship or Stanley Cup. Futures can also be played on season long win or point totals, division winners and end-of-season awards.

Teasers – Teasers are parlays in which bettors can move or “tease” the point spread on whichever side they wish, albeit at reduced odds.

How Legal Indiana Mobile Betting Came To Pass

Here is a brief snapshot of Indiana’s legislative landscape and how sports wagering was ultimately ushered in:

  • PASPA is deemed unconstitutional in May 2018, opening the door for states to legalize sports betting
  • Talks began in February 2019 about a large gaming expansion bill that included sports betting, but was more focused on the relocation of riverboat casinos to land-based locations
  • SB439 was proposed as a sports betting only bill, but failed to get out of committee
  • After much debate and many amendments, on April 9, 2019, the House Ways and Means Committee voted 17-6 for SB552 to be sent to the State House for discussion and an eventual vote
  • Repackaged as bill H 1015, the sports betting bill passed by a wide margin in both the Senate and in the House
  • On Wednesday, May 8, 2019, Gov. Eric Holcomb signed the bill, making Indiana the 10th state to legalize sports betting and eventually, the 13th state actually to launch sports betting

Indiana’s Gambling History

Way back in 1851, the Indiana Constitution had language that banned lotteries. Although it didn’t expressly name casino-style gambling, the ban did also pertain to gambling of any kind. In 1988, Indiana voters approved lifting the ban which led the mayor of Indiana to push for casinos in his struggling city. The Indiana General Assembly left it again up to the voters, which approved the casino by a 60% margin. The city acquired 350 acres of land to be used for casino properties, and thus began Indiana’s casino industry.

After many years of debates, the first riverboat casino opened in 1993, and we saw 10 riverboat casinos built in the early 1990s. But it wasn’t until 2004 that the first land-based casino was built in French Lick, Indiana. In 2007, the “Racino Law” was passed which allowed the state’s racetracks to install up to 2,000 slot machines at their tracks.

The casino industry has expanded through the years, and we now have one Native American casino, two land-based casinos, two racinos, and nine riverboat casinos. Across the board, these 13 gambling establishments welcome sports betting and are excited to introduce online sports betting to Indiana.

Indiana Mobile Betting Outlook

Indiana offers a fantastic mobile sports betting opportunity. Because of the ability for casinos to contract up to three skins for online sports betting, Indiana is well-positioned to rival New Jersey as the state with the most online sportsbooks. Not to put a damper on Pennsylvania – where we’re likely only to see 8-12 sportsbooks unless regulations change – but the more Indiana online sportsbooks there are, the better it is for everyone involved. Everybody is happy: the state, casinos, online sportsbook operators and, most importantly, you – the Indiana online sports bettor.

Check this page often for more information and updates on betting on sports in Indiana!

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