Kentucky Sportsbooks + Sports Betting Sites
Betting online sports events with any live bookie or online sportsbooks established in Kentucky is contrary to the nation’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 nation has no online sports betting laws to prevent its occupants from enrolling at offshore online bookies.
This page attempts to explain online sports gambling legality issues. We haven’t only tried to provide an understanding of Kentucky’s sports betting laws, but have also shared expert opinions regarding the legality of gambling at offshore online bookies. We also have introduced a list of legal online sports gambling options for Kentucky residents.
Is it Legal to Bet on Sports at Kentucky?
It may look like betting on the results of sports events with unlicensed live bookies is against the laws of Kentucky, but that is not precisely the situation. The country has strict gambling laws that prevent sports gambling in its jurisdiction, but these laws are limited to those parties who”advance gambling action.” In other words, the legislation — which can be located at the Kentucky Legislature website here (Chapter 528) — applies only to would-be bookmakers, not real sports bettors. The state does not permit any bookmaking company to run land-based or internet bookie companies in its jurisdiction. Hence, citizens who place stakes with live bookies in Kentucky are running the risk of their bookie being detained, leading to a total loss of their stakes and/or payouts. It’s just not a fantastic idea.
But many overseas online sportsbooks take 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 residents to sign up at offshore online bookies and put bets on their favorite sports events. In reality, it is totally valid for Kentucky residents to bet on sports at offshore online bookies, but care must be taken when it comes to choosing the best books out there. It’s the Internet, after all, and there are a lot of scams out there.
Useful Article: Why Is Online Sports Betting Legal In The U.S.
Can Kentucky Residents Get into Trouble for Putting Bets Online?
Kentucky residents will not get into trouble with the law for putting bets on their favorite sports events at offshore online sports betting sites. That is because offshore online bookies accepting Kentucky bettors do not function from Kentucky and therefore do not violate Kentucky laws at all. They are all based in foreign nations and operate under permits issued by their own home governments. Besides, the state has no law specifically stating that it is illegal for residents to wager on sports in abroad online sportsbooks, and just those who accept bets within the country are targeted by existing KY legislation.
To clarify: the only men and women who’ll get into trouble are illegal live bookies who function in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, running a bookie business is punishable by law. You will not be breaking your state’s gaming laws as long as you adhere to the offshore internet bookies we’ve recommended for you, nor will your funds be confiscated as they might be if using a local black market bookmaker.
Where Would Kentucky Residents Bet Sports Online?
Lots 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 listing are based in foreign countries and don’t violate your country’s laws. All these are licensed and regulated online bookie companies that offer the best odds on favorite US league and college sports events. You may be certain that they are all reputable and top quality 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 gaming services such as an online poker room, casino, and racebook for Thoroughbred action. US bettors prefer signing up for real money at Bovada’s sportsbook because the online bookie covers almost every game that’s played under sunlight, and this includes popular US league sports and college sports, together with international sporting events.
Since Bovada belongs to a prestigious firm named Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission from Canada, bettors may look forward to a 100% secure and safe gambling atmosphere at Bovada Sportsbook. The internet bookie enables US bettors to finance their accounts using safe and convenient payment methods, and the support also accepts Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to attractive features such as mobile betting, live betting, live video streaming, and in-play gambling. US bettors may also place bets on their favorite sports events on their mobile devices, which makes it easy to wager regardless of where you’re in Kentucky. KY residents who sign up at Bovada now can also get a $250 Sports Welcome Bonus to receive their wagering off on the ideal cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only offers the very best possible odds on a vast array of sports, but the website also includes topnotch customer care service. Bettors are unlikely to face problems whatsoever when they sign up with and use this US friendly online sports gambling site, however if they dothey can always get in touch with the internet bookie’s customer support representatives via toll-free telephone, email, or live chat.
SportsBetting is unique since it doesn’t stop at offering its clients a brand new player cash game bonus such as other lesser sites. Instead, bettors at SportsBetting may claim a lifetime bonus of 25% (around $1000) on every deposit they make 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 finest internet sports gambling experience.
US bettors can legally wager on a massive selection of sports like soccer, soccer, racing, baseball, basketball, etc at this online bookie. Even better, SportsBetting chooses the most diverse kinds of payment of any major sportsbook, together 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 much 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 betting markets. 5Dimes Sportsbook is one of the very few online bookies that offers gambling odds even on rare sporting events. Best of all, however, is that 5Dimes highlights the practice of”buying points,” which enables bettors the opportunity to place their own phrases on several different stakes, such as spreads, totals, and more.
Bettors can open two kinds of accounts at 5Dimes Sportsbook–a phone account or an online account. They can use the same details to gain access to additional 5Dimes services such as its 24/7 real-money casino and international pari-mutuel racebook, also.
5Dimes Sportsbook is your origin of attractive gambling odds on sports such as boxing, racing, golf, soccer, baseball, football, and others. US bettors prefer signing up in 5Dimes Sportsbook not simply because it’s safe, secure, and lawful, but also due to its specific props and amusement odds. 5Dimes Sportsbook offers an attractive group of bets such as parlays, under/over stakes, if stakes, monsters, lines, spreads, along with others, as well as new members that sign up now can find a 50% welcome bonus worth up to $520 in valuable free plays!
BetDSI SportsbookBetDSI.eu — Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is one of the most extensive online sports gambling sites that Kentucky residents will locate. It has all of the sports, wagering types, and betting odds that you look for when joining an online sportsbook. There are also tons of exciting added features, like the mobile betting platform where you could bet on sporting events while 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 betting actions into one convenient platform. You can access live gambling odds, make deposits, request payouts, maintain bonuses, and much more, all from the iPhone or Android device. Bet on football, hockey, basketball, baseball, tennis, or any other game that you prefer. With mobile betting, you’ve got 24/7 access to your sports betting account.
BetDSI offers two distinct mobile sports betting choices. It is possible to visit the site from your iPhone, BlackBerry, or Android device and there is no external program required. Only type in BetDSI.eu in your mobile browser and you will be directed to the cellular website. There is also a downloadable program that bettors can utilize depending on the type of device you have, like a Microsoft Surface. If you’re ready to start gambling on sports from the palm of the hand, join BetDSI today, where KY residents can find a substantial 100% Welcome Bonus worth $500 just for registering.
Finest Online Sportsbooks Which Accept Kentucky Residents
Kentucky Sports Betting Sites New U.S. Player Bonus Proceed To U.S. Betting Site Bovada Sportsbook Review 50% Up To $250
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Kentucky Sports Betting Laws
Kentucky has a couple of sports betting laws, but none of them say a phrase regarding online sports gambling. The current laws are written to eliminate unlicensed live bookies from the state and rescue residents from being cheated by them. These laws are not written with all the individual bettor in your mind.
Although it’s definitely against the law for any bookmaking business to run live or online sports gambling businesses within the state, the state has nothing in its law books to stop occupants from registering and placing bets on sports events in abroad online bookies accredited in foreign gambling jurisdictions.
The sports betting laws in Kentucky make it clear that there are no penalties imposed on residents that are interested in legal online sports betting. So long as you use a legitimate online sportsbook you do not need to worry about non-existent KY sports betting laws. To review Kentucky gambling laws in complete, you can have a look at the nation’s official legislation here.
Useful Post: Sports Betting Laws in the U.S.A.
Are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky isn’t able to license and regulate any bookmaking company only because it’s not legalized sports gambling. In order to issue licenses to regulate online sports betting businesses, it must first legalize sports gambling and create a set of regulations for the sports betting industry. This is something that is not very likely to occur in the future, though now that the Professional and Amateur Sports Protection Act (PASPA) was overturned by the Supreme Court, the nation can go forward with legalizing the pastime whenever it wishes.
The offshore online bookies that accept Kentucky residents aren’t governed by the state. But this does not mean that these online bookies are prohibited. They are all licensed in foreign gambling jurisdictions and governed by their strict gambling laws. They’ll lose their licenses if they don’t satisfy their clients and provide a safe and secure sports betting product. You need not be worried about losing your cash in the Kentucky friendly online sportsbooks we have listed here.
There Is Definitely No Shortage Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports gambling, it could create revenue through school basketball gambling alone. The top college basketball club in Kentucky is the Wildcats at the University of Kentucky. The state has no professional sports teams, but tons of minor hockey and baseball teams. The majority of the online bookies we recommend offer chances on Kentucky college basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There’s definitely no shortage of Kentucky sports clubs to bet on. If Kentucky legalizes sports betting, it might generate massive earnings through taxing the gambling on college basketball independently. The very best college basketball club in Kentucky is the Wildcats of the University of Kentucky, and annual enthusiasm for this club reaches a fever pitch in KY, unlike anyplace else in the nation. The state has no professional sports teams, but it hosts plenty of baseball and baseball teams, and KY residents have a number of teams to root for in neighboring countries.
KY residents wager an estimated $5 billion on sports betting each year. That translates into about $250 million of taxable sports gambling revenue that could come back into the state in case it opens sportsbooks in its borders, and of course all the economic goodness that comes from maintaining most of the massive handle within the state rather than sending it overseas. Hopefully, KY receives the memo sooner rather than later and gives its residents the sports gambling products they want.
The latest laws for legalized sports gambling in KY comes via BR 29, which you may read here. This legislation requires for a mere 3 percent tax on the total sportsbook handle, however, making it unlikely that the law will 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 at American chances, the + sign designates the underdog and ensures your potential earnings will be higher than the quantity you’ll have to risk. The – sign designates the favorite and means you will have to risk more than you may potentially win. That can be called the moneyline, and it functions 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 wager $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 exact same moneyline (usually -110 or so). This shows the built-in vigorish, or home take, for the bookmaker (in this case, roughly 10% of the wagers).
What Exactly Does PASPA Stand For?
PASPA was the skilled and Amateur Sports Protection Act of 1992, a national law that prohibited 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 provide comprehensive sportsbooks. (The other countries’ sports gambling options were random lotteries based on sporting events.) PASPA is the reason why there aren’t any land-based sportsbooks in KY, but with PASPA now gone, that could change later on.
Are Bonuses Only For New Members At Online Sportsbooks?
No, there are generally several distinct bonuses and promotions occurring at internet sportsbooks. While there’s always some type of welcome supply, many sports betting websites have reload bonuses, free bets, and free-plays that can be redeemed by all members. Check the promotions page frequently for the latest bonuses.
Can I Bet At The Horse Racing Tracks In Kentucky?
There are not any options to bet on sports at the Kentucky horse tracks… yet. The state is working towards legalizing the business and some ideas have sports gambling being offered in the tracks. Others might only let for the lottery to take wagers but one thing is for certain — Kentucky players can 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 websites may accept players as youthful 18 but we advise sticking with the state’s laws. You’ll need to confirm 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 only bet when you are inside the laws.
Where Can Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is among the countries that seem to be placing the money to good use. Although it is only suggested and not approved (yet), the state would send the majority of the cash to the state retirement fund which gives benefits to employees and retirement capital. Moreover, the state would devote a portion of the funds to treat problem gambling.
What Kentucky Teams Can I Bet On?
Well to start, look into the University of Kentucky’s basketball program. Their high-profile team has always shown to win plenty of games and would be a great intro into gambling. If you don’t like the Wildcats or Need to bet elsewhere, think about the University of Louisville or even 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 Give Sports Betting?
While states are constantly in a struggle to approve a step in support of sports gambling, one nation was quick to the punch. West Virginia legalized the business in 2018 and accepts wagers on Kentucky established universities as well as professional teams. Mardi Gras Casino is just over the Kentucky border, being a direct shot east on I-64 from the Lexington and Louisville.