Kentucky Sportsbooks + Sports Betting Sites
Betting online sports events together with any live bookie or online sportsbooks established in Kentucky is contrary to the nation’s laws. This is due to the fact that the state of Kentucky has not legalized any kind of sports betting. But this doesn’t stop offshore online bookies from accepting Kentucky residents, and the state has no online sports betting laws to prevent its occupants from enrolling at overseas online bookies.
This page tries to clarify online sports betting legality issues. We have not only attempted to provide an understanding of Kentucky’s sports betting legislation, but have also shared expert opinions concerning the legality of betting in offshore online bookies. We also have presented a list of legal online sports betting options for Kentucky residents.
Is it Legal to Bet on Sports in Kentucky?
It may look like gambling on the outcomes of sport events with unlicensed live bookies is against the laws of Kentucky, but that isn’t precisely the situation. The country has strict gambling laws that stop sports gambling in its own jurisdiction, but these laws are limited to those parties who”advance gaming activity.” In other words, the law — which may be located in the Kentucky Legislature site here (Chapter 528) — applies only to prospective bookmakers, not real sports bettors. The state doesn’t permit any bookmaking company to run land-based or online bookie companies in its own jurisdiction. Hence, citizens who put bets with live bookies in Kentucky are running the danger of their bookie being arrested, leading to a total loss of the stakes and/or payouts. It is simply not a good idea.
But several overseas online sportsbooks take Kentucky residents and it is legal for residents to join in any one of these offshore online sportsbooks. No regulation in Kentucky specifically states that it’s against the law for residents to join at offshore online bookies and put bets on their favorite sports occasions. In reality, it is completely legal for Kentucky residents to wager online at offshore online bookies, but care must be taken when it comes to picking the best books out there. It’s the Internet, after all, and there are a lot of scams on the market.
Useful Article: Is Online Sports Betting Legal In The U.S.
Will Kentucky Residents Get into Trouble for Putting Bets Online?
Kentucky residents won’t get into trouble with the law for putting bets on their favorite sports events in offshore online sports gambling sites. This is because offshore online bookies accepting Kentucky bettors do not function from Kentucky and thus do not violate Kentucky legislation in any way. They’re all based in foreign countries and operate under licenses issued by their own home governments. Besides, the country has no law expressly stating that it is illegal for residents to wager on sports in abroad online sportsbooks, and just those who take bets inside the state are targeted by existing KY legislation.
To clarify: the only men and women who will get into trouble are illegal live bookies who function in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, running a bookie company is punishable by law. You won’t be breaking your state’s gaming laws as long as you stick to the offshore internet bookies we’ve advocated for you, nor will your funds be confiscated as they might be if using a regional black market bookmaker.
Where Would Kentucky Residents Bet Sports Online?
Plenty of overseas online sportsbooks accept Kentucky residents and we have selected the best of them for your benefit. The Kentucky friendly online sportsbooks on this list are located in foreign countries and do not violate your state’s laws. All these are licensed and regulated online bookie businesses offering the greatest odds on preferred US league and college sports events. You may be certain they are all trusted and top-rated brands.
Best Online Sportsbooks Which Accept Kentucky Residents
Bovada Sportsbook Bovada Sportsbook — $250 Sports Welcome Bonus For KY Residents!
Bovada Sportsbook is a US friendly online sports betting brand that also provides other online gambling services such as an internet poker room, casino, and racebook for Thoroughbred activity. US bettors prefer signing up for real money at Bovada’s sportsbook since the internet bookie covers virtually every match that is played under the sun, and this contains popular US league sports and college sports, along with international sporting events.
Since Bovada belongs to a prestigious company called Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission from Canada, bettors may look forward to a 100% safe and secure gaming atmosphere at Bovada Sportsbook. The internet bookie allows US players to finance their own accounts using safe and convenient payment procedures, and the support also takes Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to appealing features such as mobile betting, live betting, live video streaming, and in-play betting. US bettors can also place bets on their favorite sports events on their mobile devices, which makes it easy to bet no matter where you’re in Kentucky. KY residents who register at Bovada now can also get a $250 Sports Welcome Bonus to receive their wagering off to the right cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only gives the very best possible odds on a vast range of sports, but the website also has topnotch customer support service. Bettors will probably not face problems whatsoever when they sign up together and use this US friendly online sports betting site, however if they dothey can always get in contact with the online bookie’s customer care representatives via toll-free phone, email, or live chat.
SportsBetting is unique because it doesn’t stop at offering its customers a brand new player cash match bonus such as other sites that are lesser. Rather, bettors at SportsBetting can assert a lifetime bonus of 25% (around $1000) on every deposit they earn for as long as they hold real money accounts with the online bookie. Since SportsBetting is licensed and regulated overseas, US bettors may rest assured of the best internet sports gambling experience.
US bettors may legally wager on a huge choice of sports like football, soccer, racing, baseball, basketball, and so on at this online bookie. Better still, SportsBetting chooses the many diverse kinds of payment of any significant sportsbook, together with available choices like Visa, Mastercard, American Express, bank wire, cashier’s check, money order, and even Bitcoin and other cryptocurrencies such as Bitcoin Cash, Ethereum, Litecoin, DASH, and more.
5Dimes Sportsbook 5Dimes Sportsbook — Kentucky Bettors Could Set Their Own Lines!
The highlights of 5Dimes Sportsbook, an authorized online sports betting choice for US bettors, are a 24/7 customer support program, appealing promotions, exciting bonuses, and a wide choice of sports gambling markets. 5Dimes Sportsbook is one of the few online bookies that offers betting odds even on rare sporting events. Best of all, however, is that 5Dimes highlights the practice of”buying things,” which allows bettors the opportunity to set their own phrases on various bets, including spreads, totals, and more.
Bettors may open two kinds of accounts at 5Dimes Sportsbook–a phone account or an online account. They could use the same details to gain access to other 5Dimes services for example its 24/7 real-money casino and international pari-mutuel racebook, too.
5Dimes Sportsbook is the origin of attractive gambling odds online sports such as boxing, racing, golf, football, baseball, soccer, and others. US bettors prefer signing up in 5Dimes Sportsbook not simply as it’s safe, secure, and lawful, but also because of its unique props and amusement odds. 5Dimes Sportsbook provides an attractive group of stakes such as parlays, under/over bets, if stakes, critters, lines, spreads, and others, as well as new members that sign up now can get a 50% welcome bonus worth around $520 in valuable free plays!
BetDSI SportsbookBetDSI.eu — Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is one of the most comprehensive online sports betting sites that Kentucky residents can locate. It has all the sports, wagering types, and gambling odds that you look for when joining an internet sportsbook. There are also plenty of exciting extra features, like the mobile gaming system where you can wager on sporting events while you’re waiting in line in the grocery store or are out and around at the bar.
Their cellular sportsbook delivers all the BetDSI sports gambling actions into a convenient platform. You can get live betting odds, create deposits, request payouts, maintain bonuses, and more, all from the iPhone or even Android device. Bet on football, basketball, hockey, baseball, golf, or another game that you prefer. With mobile gambling, you’ve got 24/7 access to your sports betting account.
BetDSI provides two distinct cellular sports betting choices. You can visit the site from the iPhone, BlackBerry, or Android device and there’s not any external app required. Just type in BetDSI.eu into your mobile browser and you will be told to the cellular website. There is also a downloadable app that bettors can use depending on the sort of device you have, such as a Microsoft Surface. If you’re ready to start gambling on sports from the palm of your hands, combine BetDSI now, where KY residents can get a substantial 100% Welcome Bonus worth $500 just for signing up.
Finest Online Sportsbooks That Accept Kentucky Residents
Kentucky Sports Betting Sites New U.S. Player Bonus Go To U.S. Betting Website Bovada Sportsbook Review 50% Up To $250
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Kentucky Sports Betting Laws
Kentucky has a few sports betting laws, but none of them say a word regarding online sports gambling. The current laws have been written to remove unlicensed live bookies from the country and rescue residents from being cheated by them. These laws are not written with all the individual bettor in your mind.
Although it is certainly against the law for any bookmaking business to run online or live sports betting businesses within the country, the nation has nothing in its law books to stop occupants from signing up and putting bets on sports events in abroad online bookies accredited in foreign gambling authorities.
The sport gambling legislation in Kentucky make it clear that there are no penalties imposed on taxpayers that are considering legal online sports gambling. As long as you employ a legitimate online sportsbook that you don’t need to fret about non-existent KY sports gambling laws. To review Kentucky gambling laws in full, you can have a look at the nation’s official legislation .
Useful Article: Sports Betting Laws from the U.S.A.
Are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky is not able to permit and control any bookmaking company only because it has not legalized sports betting. To be able to issue licenses to regulate online sports gambling companies, it has to first legalize sports betting and make a set of regulations for the sports betting industry. This is something that isn’t very likely to happen in the future, though that the Professional and Amateur Sports Protection Act (PASPA) was overturned by the Supreme Court, the state can proceed with legalizing the pastime if it wishes.
The offshore online bookies that accept Kentucky residents aren’t regulated by the state. But this doesn’t mean that these online bookies are illegal. They are all licensed in offshore gaming jurisdictions and governed by their strict gambling laws. They will lose their licenses if they don’t satisfy their customers and deliver a safe and secure sports gambling product. You need not be worried about losing your cash in the Kentucky friendly online sportsbooks we have listed here.
There Is Certainly No Shortage Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports gambling, it might create revenue through school basketball betting alone. The best college basketball team in Kentucky is the Wildcats at the University of Kentucky. The country has no professional sports teams, but plenty of baseball and baseball teams. Most of the internet bookies we urge offer chances on Kentucky school basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There’s definitely no shortage of Kentucky sports clubs to wager on. If Kentucky legalizes sports betting, it might generate huge revenue through taxing the gambling on college basketball independently. The top college basketball team in Kentucky is the Wildcats of the University of Kentucky, and annual enthusiasm for this golf club reaches a fever pitch in KY, unlike anywhere else in the nation. The state has no professional sports teams, however it hosts lots of minor hockey and baseball teams, and KY residents have a number of teams to root for in neighboring countries.
KY residents wager an estimated $5 billion online sports betting each year. That translates into about $250 million of non profit sports gambling revenue that could return into the state if it opens sportsbooks inside its borders, not to mention all of the economic goodness that comes from keeping most of that massive handle within the state instead of sending it abroad. Hopefully, KY receives the memo sooner rather than later and gives its residents the sports gambling products they desire.
The most recent legislation for legalized sports betting at KY comes via BR 29, which you may read here. This legislation calls for a mere 3 percent tax on the entire sportsbook handle, however, which makes it unlikely that the law is going to be passed in its current form, as that 3% represents about 55-65percent of a sportsbook’s average projected earnings. Greedy Kentucky! Bad!
Kentucky Online Sportsbooks FAQ’s
What Does The + And Mean When Sports Betting?
When looking at American odds, the + sign designates the underdog and means that your potential earnings are higher than the quantity you’ll have to risk. The sign designates your preferred and means that you will have to risk more than you will potentially win. This is called the moneyline, and it works like this:
Houston Rockets (+190) vs. San Antonio Spurs (-220)
A wager on the favored San Antonio Spurs would cost you $220 to win $100. If you bet on the underdog Houston Rockets, you only need to bet $100 to potentially win $190. In non-straight bets, like spread bets, the moneyline works the same style, but the two teams typically carry the same moneyline (usually -110 or so). This shows the built-in vigorish, or home take, for the bookmaker (in this instance, roughly 10 percent of the wagers).
What Exactly Does PASPA Stand For?
PASPA was the skilled and Amateur Sports Protection Act of 1992, a federal law which prohibited states from legalizing land-based sports gambling. The only exceptions were NV, DE, OR, and MT due to their prior legal sports gambling options, though just NV was allowed to provide comprehensive sportsbooks. (The other states’ sports betting options were random lotteries based on sporting events.) PASPA is why there aren’t any land-based sportsbooks in KY, but with PASPA currently gonethat could change later on.
Are Bonuses Only For New Members At Online Sportsbooks?
There are generally several distinct bonuses and promotions happening at online sportsbooks. Even though there’s always some kind of welcome supply, many sports betting sites have reload bonuses, free bets, and free-plays that could be redeemed by all members. Check the promotions page regularly for the latest bonuses.
Can I Bet In The Horse Racing Tracks In Kentucky?
There aren’t any options to wager on sports at the Kentucky horse tracks… yet. The country is working towards legalizing the business and a few thoughts have sports gambling being offered at the tracks. Others would only allow for the lottery to take wagers but one thing is for sure — Kentucky players may bet on sports and horses by using an offshore sportsbook.
What Is The Kentucky Sports Betting Age?
You can bet on sporting events in Kentucky the moment you turn 2 Some sites may accept players as youthful 18 but we recommend sticking with the nation’s laws. You will need to verify your age when making a withdrawal and being underage can lead to account termination and the confiscation of winnings. Be on the safe side and just bet when you are inside regulations.
Where Can Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is among those states that seem to be placing the money to good use. Although it is only suggested and not authorized (however ), the state would ship the vast majority of the money to the state retirement fund which gives benefits to workers and retirement funds. Moreover, the state would devote some of the capital to take care of problem gambling.
What Kentucky Teams Can I Bet On?
Well to begin, look into the University of Kentucky’s basketball program. Their high profile group has continually proven to win lots of games and are a fantastic intro into gambling. If you don’t enjoy the Wildcats or Need to wager elsewhere, think about the University of Louisville or even Western Kentucky University. Both these teams have strong athletic programs and have made a Final Four in the NCAA Tournament.
Do Any Neighboring States Give Sports Betting?
While states are continuously in a battle to approve a measure in support of sport betting, one nation was quick to the punch. West Virginia legalized the business in 2018 and takes wagers on Kentucky established universities in addition to professional teams. Mardi Gras Casino is only over the Kentucky border, being a direct shot east on I-64 from both Lexington and Louisville.