Kentucky Sportsbooks + Sports Betting Sites
Betting online sports events together with any dwell bookie or internet sportsbooks based in Kentucky is contrary to the state’s laws. This is because the state of Kentucky has not legalized any kind of sports gambling. However, 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 signing up at overseas online bookies.
This page tries to explain online sports betting legality problems. We haven’t only attempted to provide an understanding of Kentucky’s sports betting legislation, but have shared expert opinions concerning the legality of betting at offshore online bookies. We also have presented a list of authorized online sports betting choices for Kentucky residents.
Is it Licensed to Bet on Sports at Kentucky?
It could seem like gambling on the outcomes of sports events with unlicensed live bookies is against the laws of Kentucky, but that is not exactly the situation. The state has strict gambling laws that prevent sports gambling in its jurisdiction, but these laws are limited to those parties who”advance gambling activity.” In other words, the law — which may be found in the Kentucky Legislature site here (Chapter 528) — applies only to prospective bookmakers, not actual sports bettors. The state doesn’t license any bookmaking company to run land-based or internet bookie companies in its jurisdiction. Hence, citizens who place bets with live bookies in Kentucky are running the risk of their bookie being arrested, resulting in a total loss of the bets and/or payouts. It is just not a fantastic idea.
But several offshore online sportsbooks accept Kentucky residents and it’s valid for residents to join in one or more one of these offshore online sportsbooks. No law in Kentucky specifically states that it’s against the law for taxpayers to sign up at abroad online bookies and put bets on their favorite sports events. In reality, it is totally valid for Kentucky residents to bet on sports at abroad online bookies, but caution has to be taken when it comes to picking the best books out there. It is the Internet, after all, and there are a lot of scams on the market.
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Will 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 betting sites. This is because offshore online bookies accepting Kentucky bettors don’t function from Kentucky and thus do not violate Kentucky legislation in any way. They are all based in foreign countries and operate under licenses issued by their own home governments. Anyway, the state has no law expressly stating that it is illegal for residents to bet on sports at offshore online sportsbooks, and just those who take stakes inside the country are targeted by present KY legislation.
To explain: the only men and women who will get into trouble are prohibited live bookies who operate in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, conducting a bookie company is punishable by law. You will not be breaking your nation’s gambling laws so long as you stick to the offshore online bookies we have recommended for you, nor will your funds be confiscated as they may be when using a regional black market bookmaker.
Where Would Kentucky Residents Bet Sports Online?
Lots of offshore online sportsbooks accept Kentucky residents and we’ve chosen the best of these for your advantage. The Kentucky friendly online sportsbooks on this list are based in foreign countries and do not violate your state’s laws. All these are licensed and regulated online bookie businesses that offer the greatest odds on preferred US league and college sports events. You may be certain they are all reputable 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 betting brand which also provides other online gambling services like an online poker room, casino, and racebook for Thoroughbred action. US bettors prefer registering for real money at Bovada’s sportsbook since the internet bookie covers virtually every match that is played under sunlight, and this also includes popular US league sports and college sports, together with global sporting events.
Since Bovada is a member of a prestigious firm called Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission from Canada, bettors can anticipate a 100% safe and secure gaming setting at Bovada Sportsbook. The online bookie enables US players to finance their account employing 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 gambling. US bettors can also place bets on their favorite sports events in their own mobile devices, which makes it effortless to bet no matter where you are in Kentucky. KY residents who register at Bovada now can also get a 250 Sports Welcome Bonus to receive their wagering off to the ideal cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only offers the very best possible chances on a wide array of sports, but the site also has topnotch customer support service. Bettors are unlikely to face problems at all when they sign up with and utilize this US friendly online sports gambling site, however if they do, they can always get in contact with the internet bookie’s customer care agents via toll-free telephone, email, or live chat.
SportsBetting is unique because it doesn’t stop at offering its clients a brand new player cash match bonus such as other lesser sites. Instead, bettors at SportsBetting may assert a lifetime bonus of 25% (up to $1000) on every deposit they earn for as long as they hold real cash accounts with the internet bookie. Since SportsBetting is regulated and licensed abroad, US bettors can rest assured of the best internet sports gambling experience.
US bettors may legally wager on a massive choice of sports like soccer, soccer, racing, baseball, basketball, and so on at this online bookie. Even better, SportsBetting takes the most varied 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 and other cryptocurrencies such as Bitcoin Cash, Ethereum, Litecoin, DASH, and more.
5Dimes Sportsbook 5Dimes Sportsbook — Kentucky Bettors Can Set Their Own Lines!
The highlights of 5Dimes Sportsbook, a legal online gambling betting option for US bettors, are a 24/7 customer support system, appealing promotions, exciting bonuses, and a wide selection of sports gambling markets. 5Dimes Sportsbook is one of the very few online bookies that provides betting odds even on rare sporting events. Best of all, though, is that 5Dimes emphasizes the practice of”buying things,” which allows bettors the opportunity to place their own terms on several different bets, including spreads, totals, and more.
Bettors may open two types of accounts at 5Dimes Sportsbook–a phone account or an online account. They could use the very same details to gain access to other 5Dimes services such as its 24/7 real-money casino and global pari-mutuel racebook, too.
5Dimes Sportsbook is the source of attractive betting odds online sports like boxing, racing, golf, football, baseball, football, and many others. US bettors prefer signing up at 5Dimes Sportsbook not simply because it’s safe, safe, and lawful, but also due to its unique props and amusement odds. 5Dimes Sportsbook provides an attractive group of stakes for example parlays, under/over stakes, if stakes, monsters, lines, spreads, along with others, and new members who sign up now can find a 50% welcome bonus worth up to $520 in precious free plays!
BetDSI SportsbookBetDSI.eu — Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is one of the most extensive online sports betting sites that Kentucky residents will find. It has all the sports, wagering forms, and gambling odds that you search for when joining an internet sportsbook. There are also tons of exciting added features, such as the mobile gaming system where you can wager on sporting events as you’re waiting in line in the grocery store or are out and around in the pub.
Their cellular sportsbook delivers all of the BetDSI sports gambling actions into a convenient platform. You can get live gambling odds, make deposits, ask payouts, maintain bonuses, and more, all from the iPhone or Android device. Bet on football, hockey, basketball, baseball, tennis, or any other game which you prefer. With cellular gambling, you’ve got 24/7 access to your sports betting account.
BetDSI offers two different mobile sports betting options. You can go to the site from your iPhone, BlackBerry, or Android apparatus and there’s not any external program required. Only type in BetDSI.eu into your mobile browser and you will be told to the mobile website. There’s also a downloadable program that players can utilize based on the type of device you have, such as a Microsoft Surface. If you are ready to start betting on sports in the palm of the hand, join BetDSI today, where KY residents can get a huge 100% Welcome Bonus worth $500 just for registering.
Best Online Sportsbooks Which Accept Kentucky Residents
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Kentucky Sports Betting Laws
Kentucky has a few sports betting laws, but not one of these say a word regarding online sports betting. The existing laws are written to eliminate unlicensed live bookies from the state and save residents from being cheated by these. These laws are not written with the individual bettor in your mind.
Although it’s definitely against the law for any bookmaking business to run online or live sports betting businesses within the country, the state has nothing in its law books to stop residents from registering and putting bets on sports events at offshore online bookies accredited in overseas gambling jurisdictions.
The sports gambling legislation in Kentucky make it crystal clear that there are no penalties imposed on residents that are considering legal online sports gambling. So long as you use a valid online sportsbook you do not have to fret about non invasive KY sports betting laws. To review Kentucky gambling legislation in complete, you can check out the nation’s official laws .
Useful Post: Sports Betting Laws from the U.S.A.
Are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky isn’t able to permit and control any bookmaking business simply because it has not legalized sports gambling. To be able to issue licenses to and regulate online sports gambling businesses, it must first legalize sports gambling and make a set of regulations for the sports betting industry. This is something which is not likely to occur in the immediate future, though now that the skilled and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Courtthat the nation can proceed with legalizing the pastime if it wishes.
The offshore online bookies that take Kentucky residents aren’t governed by the state. However, this doesn’t mean that these online bookies are prohibited. They’re all licensed in offshore gambling jurisdictions and regulated by their strict gambling laws. They will lose their licenses if they don’t meet their clients and provide a safe and secure sports betting product. You don’t need to worry about losing your money in the Kentucky friendly online sportsbooks we have listed here.
There’s Definitely No Shortage Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports betting, it could generate revenue through school basketball gambling alone. The best college basketball team in Kentucky is the Wildcats of the University of Kentucky. The country has no professional sports teams, but tons of baseball and baseball teams. Most of the online bookies we recommend offer chances on Kentucky college basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There is definitely no shortage of Kentucky sports clubs to wager on. If Kentucky legalizes sports gambling, it might generate massive 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 yearly enthusiasm for this club reaches a fever pitch in KY, unlike anywhere else in the nation. The state has no professional sports teams, however it hosts plenty of baseball and baseball teams, and KY residents have a number of teams to root for in surrounding states.
KY residents wager an estimated $5 billion online sports betting every year. That translates into roughly $250 million of non profit sports gambling revenue that could come back into the state if it opens sportsbooks in its boundaries, and of course all of the economic goodness that comes from maintaining all that massive handle inside the country instead of sending it abroad. Hopefully, KY receives the memo earlier instead of later and gives its residents the sport betting products they desire.
The latest laws for legalized sports gambling at KY comes via BR 29, which you may read here. This law requires for a mere 3% tax on the total sportsbook handle, however, which makes it improbable that the legislation will be passed in its present form, as that 3% represents about 55-65% of a sportsbook’s average projected earnings. Greedy Kentucky! Bad!
Kentucky Online Sportsbooks FAQ’s
What Exactly Does The + And Mean When Sports Betting?
When looking at American chances, the sign designates the underdog and means your potential earnings are greater than the amount you will have to risk. The – sign designates your favorite and means you will need to risk more than you will potentially win. That is called the moneyline, and it functions like this:
Houston Rockets (+190) vs. San Antonio Spurs (-220)
A bet on the favorite San Antonio Spurs would cost you $220 to win $100. If you bet on the underdog Houston Rockets, you only have to bet $100 to potentially win $190. In non-straight bets, like spread bets, the moneyline works exactly the exact same style, but both teams typically carry the same moneyline (generally -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 Does PASPA Stand For?
PASPA was the skilled and Amateur Sports Protection Act of 1992, a national law which banned states from legalizing land-based sports betting. The sole exceptions were NV, DE, OR, and MT because of their prior legal sports gambling options, though just NV was permitted to offer comprehensive sportsbooks. (The other countries’ sports betting choices were random lotteries based on athletic events.) PASPA is the reason why there aren’t any land-based sportsbooks in KY, but with PASPA now gonethat could change later on.
Are Bonuses Only For New Members At Online Sportsbooks?
There are normally several different bonuses and promotions occurring at internet sportsbooks. While there’s always some kind of welcome supply, many sports gambling sites have lien bonuses, free bets, and free-plays that could be redeemed by all members. Verify the promotions page regularly for the most recent bonuses.
Can I Bet At The Horse Racing Tracks In Kentucky?
There are not any options to wager on sports in the Kentucky horse tracks… yet. The state is working towards legalizing the industry and some thoughts have sports gambling being offered in the tracks. Others might only let for the lottery to accept wagers but one thing is for certain — Kentucky players may bet on sports and horses by utilizing an offshore sportsbook.
What’s the Kentucky Sports Betting Age?
You can bet on sporting events in Kentucky the second you turn 2 Some sites may accept players as young 18 but we recommend sticking with the nation’s laws. You’ll have to confirm your age when making a withdrawal and being underage can result in account termination as well as the confiscation of winnings. Be on the safe side and only bet when you’re inside regulations.
Where Can Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is one of the countries that appear to be putting the money to good use. Although it’s only proposed and not approved (however ), the state would send the vast majority of the money into the state retirement fund that gives benefits to workers and retirement funds. Additionally, the state would allocate a portion of the funds to treat problem gambling.
What Kentucky Teams Can I Bet On?
Well to begin, look into the University of Kentucky’s basketball program. Their high profile team has continually shown to win lots of games and would be a great intro into betting. If you don’t like the Wildcats or want to wager elsewhere, think about the University of Louisville or Western Kentucky University. Both of these teams have strong athletic programs and have made a Final Four in the NCAA Tournament.
Do Any Neighboring States Offer Sports Betting?
While states are constantly in a struggle to approve a step in support of sport betting, one state was quick to the punch. West Virginia legalized the industry in 2018 and accepts wagers on Kentucky established universities in addition to specialist teams. Mardi Gras Casino is just over the Kentucky border, being a guide shot east on I-64 from both Lexington and Louisville.
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