Kentucky Sportsbooks + Sports Betting Sites
Betting on sports events together with any dwell bookie or internet sportsbooks based in Kentucky is against the nation’s laws. This is due to the fact that the state of Kentucky has not legalized any form of sports betting. However, this does not stop offshore online bookies from accepting Kentucky residents, and the nation has no online sports betting laws to prevent its occupants from signing up at overseas online bookies.
This page tries to explain online sports betting legality issues. We have not only tried to provide an understanding of Kentucky’s sports gambling laws, but have also shared expert opinions concerning the legality of gambling in offshore online bookies. We have also introduced a list of authorized online sports gambling options for Kentucky residents.
Is it Licensed to Bet on Sports in Kentucky?
It may look like betting on the results of sports events with unlicensed live bookies is contrary to the laws of Kentucky, but that is not exactly the situation. The state has strict gaming laws that prevent sports betting in its own jurisdiction, but these laws are limited to those parties that”advance gaming action.” To put it differently, the law — which can be found in the Kentucky Legislature website here (Chapter 528) — applies only to would-be bookmakers, not actual sports bettors. The state does not permit any bookmaking company to run land-based or internet bookie businesses in its own jurisdiction. Hence, citizens who place bets with live bookies in Kentucky are conducting the risk of their bookie being arrested, resulting in a complete loss of their bets and/or payouts. It’s simply not a fantastic idea.
But several offshore online sportsbooks accept Kentucky residents and it is valid for residents to join at any of these offshore online sportsbooks. No law in Kentucky specifically states that it is against the law for residents to join at offshore online bookies and place bets on their favorite sports events. In fact, it’s completely legal for Kentucky residents to wager on sports at abroad online bookies, but care has to be taken when it comes to choosing the best books out there. It is the Internet, after all, and there are a whole lot of scams on the market.
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Can Kentucky Residents Get into Trouble for Placing Bets Online?
Kentucky residents won’t get into trouble with the law for placing bets on their favorite sports events in offshore online sports gambling sites. That is because offshore online bookies accepting Kentucky bettors do not function from Kentucky and thus do not violate Kentucky legislation in any way. They are all based in overseas countries and operate under permits issued by their own home governments. Anyway, the state has no law expressly stating that it is illegal for people to wager on sports in offshore online sportsbooks, and only those who accept stakes within the country are targeted by present KY legislation.
To explain: the only men and women who will get into trouble are illegal live bookies who operate in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, conducting a bookie company is punishable by law. You won’t be breaking your nation’s gaming laws as long as you stick to the offshore online bookies we’ve advocated for you, nor will your funds be confiscated as they may be when using a local black market bookmaker.
Where Can Kentucky Residents Bet Sports Online?
Plenty of overseas online sportsbooks take 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. These are licensed and controlled online bookie companies offering the best odds on favorite US league and college sports events. You may be certain they are all trusted and top-rated brands.
Best Online Sportsbooks That Accept Kentucky Residents
Bovada Sportsbook Bovada Sportsbook — $250 Sports Welcome Bonus For KY Residents!
Bovada Sportsbook is a US friendly online sport gambling brand that also provides other online gambling services like an online poker room, casino, and racebook for Thoroughbred action. US bettors prefer registering for real cash at Bovada’s sportsbook since the online bookie covers almost every game that’s played under sunlight, and this contains popular US league sports and college sports, together with global sporting events.
Since Bovada belongs to a prestigious firm called Salmon River Technologies and runs under a permit granted by the Kahnawake Gaming Commission from Canada, bettors may anticipate a 100% secure and safe gaming setting at Bovada Sportsbook. The internet bookie enables US bettors to fund their own accounts using secure and convenient payment procedures, and the service also accepts Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to appealing features like mobile betting, live betting, live video streaming, and in-play betting. US bettors can also place bets on their favorite sports events in their mobile devices, making it easy to wager no matter where you are in Kentucky. KY residents who sign up at Bovada can now even get a 250 Sports Welcome Bonus to get their wagering off to the ideal cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only offers the best possible odds on a wide range of sports, but the website also has topnotch customer support service. Bettors are unlikely to face problems whatsoever when they sign up with and utilize this US friendly online sports gambling site, however if they do, they can always get in touch with the online bookie’s customer care agents via toll-free telephone, email, or live chat.
SportsBetting is exceptional since it doesn’t stop at providing its customers a brand new player cash match bonus such as other sites that are lesser. Instead, bettors at SportsBetting can claim a life bonus of 25 percent (around $1000) on each deposit they earn for as long as they maintain real cash accounts with the online bookie. Since SportsBetting is regulated and licensed overseas, US bettors may rest assured of the finest internet sports gambling experience.
US bettors may lawfully wager on a massive selection of sports such as football, soccer, sports, racing, basketball, etc at this internet bookie. Better still, SportsBetting chooses the many diverse forms of payment of any major sportsbook, with available options such as Visa, Mastercard, American Express, bank wire, cashier’s check, money order, and even Bitcoin along with other cryptocurrencies such as Bitcoin Cash, Ethereum, Litecoin, DASH, and more.
5Dimes Sportsbook 5Dimes Sportsbook — Kentucky Bettors Can Place Their Own Lines!
The highlights of 5Dimes Sportsbook, an authorized online sports betting choice for US bettors, are a 24/7 customer support system, attractive promotions, exciting bonuses, and a wide choice of sports gambling markets. 5Dimes Sportsbook is one of the very few online bookies that offers gambling odds even on rare sporting occasions. Best of all, though, is that 5Dimes highlights the practice of”buying points,” which allows bettors the opportunity to place their own terms on various bets, including spreads, totals, and much more.
Bettors may open two types of accounts at 5Dimes Sportsbook–a telephone account or an online account. They can use the same details to gain access to other 5Dimes services such as its 24/7 real-money casino and global pari-mutuel racebook, also.
5Dimes Sportsbook is the source of attractive betting odds online sports like boxing, racing, golf, soccer, baseball, soccer, and many others. US bettors favor signing up at 5Dimes Sportsbook not only as it’s safe, secure, and lawful, but also due to its unique props and amusement odds. 5Dimes Sportsbook provides an attractive collection of bets for example parlays, under/over bets, if bets, monsters, lines, spreads, and others, as well as new members that sign up now could get a 50% welcome bonus worth around $520 in valuable free plays!
BetDSI SportsbookBetDSI.eu — Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is among the most extensive online sports gambling websites that Kentucky residents can find. It has all of the sports, wagering types, and betting odds that you look for when joining an internet sportsbook. Additionally, there are plenty of exciting extra features, like the mobile betting platform where you could wager on sporting events while you’re waiting in line in the supermarket or are out and about at the bar.
Their mobile sportsbook delivers all of the BetDSI sports gambling action into one convenient platform. You can get live betting odds, create deposits, request payouts, claim bonuses, and much more, all from the iPhone or even Android device. Bet on football, basketball, hockey, baseball, tennis, or another sport that you prefer. With cellular gambling, you have 24/7 access to your sports betting account.
BetDSI provides two distinct cellular sports betting options. You can visit the site from the iPhone, BlackBerry, or Android device and there is no external program required. Just type in BetDSI.eu in your mobile browser and you will be directed to the mobile site. There is also a downloadable program that players can use depending on the type of device you have, such as a Microsoft Surface. If you are ready to get started gambling on sports from the palm of the 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 Site Bovada Sportsbook Review 50% Up To $250
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Kentucky Sports Betting Laws
Kentucky has a few sports betting laws, but not one of these say a word about online sports gambling. The current legislation have been written to eliminate unlicensed live bookies in the state and save residents from being cheated by them. These laws aren’t written with the individual bettor in your mind.
Although it’s certainly against the law for any bookmaking company to run online or live sports betting businesses within the country, the state has nothing in its own law books to prevent occupants from registering and placing bets on sports events at abroad online bookies accredited in overseas gambling jurisdictions.
The sports betting laws in Kentucky make it crystal clear that there are no penalties imposed on residents that are considering legal online sports betting. So long as you use a valid online sportsbook you do not have to fret about non-existent KY sports betting laws. To review Kentucky gambling laws in complete, you can have a look at the nation’s official laws here.
Useful Post: Sports Betting Laws from the U.S.A.
Why are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky isn’t able to license and regulate any bookmaking business simply because it’s not legalized sports gambling. In order to issue permits to and regulate online sports gambling companies, it has to first legalize sports gambling and make a set of regulations for its sports betting industry. This is something that isn’t likely to happen in the future, though now that the Professional and Amateur Sports Protection Act (PASPA) was overturned by the Supreme Courtthat the state can proceed with legalizing the pastime if it wishes.
The offshore online bookies that accept Kentucky residents are not regulated by the state. However, this does not indicate that these online bookies are prohibited. They’re all licensed in foreign gambling jurisdictions and governed by their strict gambling laws. They will lose their licenses if they don’t meet their customers and deliver a safe and secure sports betting product. You need not worry about losing your money in the Kentucky friendly online sportsbooks we’ve listed here.
There’s Definitely No Shortage Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports betting, it might generate revenue through school basketball gambling alone. The best college basketball team in Kentucky is the Wildcats at the University of Kentucky. The country does not have any professional sports teams, but tons of minor hockey and baseball teams. The majority 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 lack of Kentucky sports teams to wager on. If Kentucky legalizes sports gambling, it could generate huge earnings through taxing the gambling on college basketball independently. The top college basketball team in Kentucky is the Wildcats of the University of Kentucky, and yearly excitement for this club reaches a fever pitch in KY, unlike anywhere else in the nation. The country has no professional sports teams, but it hosts lots of baseball and baseball teams, and KY residents have several teams to root for in neighboring countries.
KY residents wager an estimated $5 billion on sports gambling every year. That translates into roughly $250 million of taxable sports gambling revenue that could return in the state in case it opens sportsbooks inside its borders, not to mention all the economic good that comes from keeping most of that massive handle within the country rather than sending it overseas. Hopefully, KY gets the memo earlier rather than later and gives its residents the sport gambling products they want.
The latest laws for legalized sports betting in KY comes via BR 29, which you can read here. This legislation requires for a mere 3 percent tax on the total sportsbook manage, however, making it unlikely that the legislation is going to likely be passed in its current form, as that 3% represents about 55-65% 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 in American chances, the + sign designates the underdog and ensures your potential earnings will be higher than the amount you’ll need to risk. The – sign designates your preferred and means you will have to risk more than you will potentially win. That can be 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 just need to bet $100 to win $190. In non-straight bets, like spread stakes, the moneyline works exactly the exact same way, but the two teams usually carry the same moneyline (usually -110 or so). This reveals the built-in vigorish, or house take, for the bookmaker (in this case, about 10 percent of those wagers).
What Exactly Does PASPA Stand For?
PASPA was the Professional and Amateur Sports Protection Act of 1992, a national law which banned states from respecting land-based sports gambling. The only exceptions were NV, DE, OR, and MT because of their prior legal sports betting options, though only NV was allowed to offer comprehensive sportsbooks. (The other states’ sports betting choices were random lotteries based on athletic events.) PASPA is why there are no land-based sportsbooks in KY, but with PASPA now gonethat could change later on.
Are Bonuses Just for New Members At Online Sportsbooks?
There are generally several different bonuses and promotions occurring at online sportsbooks. Even though there is always some kind of welcome supply, most sports betting websites also have lien bonuses, free bets, and free-plays that can be redeemed by all members. Verify the promotions page regularly for the most recent bonuses.
Can I Bet In The Horse Racing Tracks In Kentucky?
There aren’t any options to bet on sports in the Kentucky horse tracks… yet. The state is working towards legalizing the industry and a few thoughts have sports betting being offered in the tracks. Others would only let for the lottery to take wagers but one thing is for certain — Kentucky players may bet on sports and horses by using an offshore sportsbook.
What’s the Kentucky Sports Betting Age?
You may wager on sporting events in Kentucky the moment you turn two Some websites may accept gamers as young 18 but we recommend sticking with the nation’s laws. You’ll have to verify your age when making a withdrawal and being underage can result in account termination and the confiscation of winnings. Be on the safe side and just bet when you are inside the laws.
Where Will Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is one of the states that seem to be putting the money to good use. Although it is only proposed and not authorized (however ), the state would ship the vast majority of the cash to the state pension fund which gives benefits to workers and retirement funds. Additionally, the state would devote a portion of the funds to take care of problem gambling.
What Kentucky Teams Can I Bet On?
Well to start, research the University of Kentucky’s basketball program. Their high-profile team has always shown to win lots of games and are a fantastic intro into gambling. If you don’t enjoy the Wildcats or want to wager elsewhere, consider the University of Louisville or even Western Kentucky University. Both these teams have strong athletic programs and have even made a Final Four in the NCAA Tournament.
Do Any Neighboring States Give Sports Betting?
While states are continuously in a struggle to approve a step in support of sports gambling, 1 state was quick to the punch. West Virginia legalized the business in 2018 and takes wagers on Kentucky based universities as well as specialist teams. Mardi Gras Casino is just over the Kentucky border, being a direct shot east on I-64 from the Lexington and Louisville.
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