Indiana wasted very little time after the United States Supreme Court struck down PASPA, allowing each state to offer sports betting. Lawmakers in Indiana first started discussing a bill in 2018, and one was passed on to the Governor in 2019.
It takes most states between 6-12 months to get the sports betting industry up and running, but that wasn’t the case in Indiana. It took the state less than four months to get sportsbooks approved for launch, and the first bet was placed on September 1, 2019.
At the time, Indiana was just the 13th state to legalize sports betting, and it was the second state to do so in the Midwest. Indiana was putting up some big numbers right from the beginning, but it typically sits just outside of the top 10 when looking at the biggest markets.
TOP 3 INDIANA SPORTSBOOKS
Active Indiana Online Sportsbook Operators
One of the best aspects of legal sports betting in Indiana is the fact that the state has been able to attract some great sportsbooks. Nearly all of the biggest names in the industry are already offering to bet, and there is still room for growth as well.
With so many of the top online sportsbooks in Indiana, there is a ton of competition which is good for the bettors. Here is a look at the online sportsbook operators that are live in the state.
- BallyBet: When Bally’s Corporation purchased Tropicana Evansville from Caesars, Bally Bet had a way into the state. Bally Bet Sportsbook first went live on December 16, 2021, and it was the 13th option at the time.
- Barstool Sportsbook: The Barstool Sportsbook went live in the state on May 18, 2021, after Penn National Gaming reached a deal with Hollywood Casino Lawrenceburg. Barstool has taken an aggressive approach to sports betting as it has grown throughout the country.
- BetMGM Sportsbook: BetMGM Sportsbook is one of the biggest online sportsbook operators in the entire industry. BetMGM first came to Indiana on February 27, 2020, and it is partnered with the Belterra Casino.
- BetRivers Sportsbook: BetRivers is a sportsbook that has helped push the growth of online sports betting throughout the country. BetRivers was one of the sportsbooks that launched on the first day online betting became available on October 3, 2019.
- Betway Sportsbook: Betway Sportsbook is now in the United States after being a leader internationally. Betway was able to launch in Indiana on May 28, 2021, after partnering with Belterra Casino.
- Caesars Sportsbook: The Horseshoe Hammond Casino is the retail partner of Caesars Sportsbook, and it officially launched on May 19, 2020. Caesars is a huge name in the betting industry, and the sportsbook is all over the country.
- DraftKings Sportsbook: DraftKings Sportsbook went live on October 3, 2019, joining BetRivers as the first to launch. The Ameristar Casino East Chicago is the retail partner, and DraftKings continues to put up huge numbers in the Hoosier State.
- FanDuel Sportsbook: FanDuel joined the Indiana sports betting market on October 22, 2019, through a deal with a pair of casinos. When it comes to online sports betting in the U.S., FanDuel sees more action than any other operator.
- PointsBet Sportsbook: PointsBet Sportsbook is a company that comes from Australia, but it’s made a big impact on the U.S. sports betting industry. PointsBet was one of the earlier options in Indiana as it went live on March 5, 2020.
- SBK Sportsbook: SBK Sportsbook is powered by Smarkets, and it’s a relatively small operation. The SBK Sportsbook did go live in Indiana on March 10, 2022, making it the most recent online sports betting option.
- Unibet: Unibet Sportsbook is another international company that has been able to find success in the United States. The Horseshoe Casino Hammond is the retail partner for Unibet, and this sportsbook launched on July 30, 2020.
- WynnBET: WynnBET launched on April 1, 2021, in Indiana, and it’s a sportsbook that continues to pop up throughout the country. Wynn Resorts International is the parent company of this sportsbook that offers a great betting option.
Indiana Sportsbook Welcome Offer
Indiana’s online sports betting industry is extremely competitive, and all of the operators are working hard to attract customers. One of the best ways to attract new customers is to offer a welcome bonus, and there are some great options available in Indiana.
These welcome offers can change often, but some sportsbooks tend to keep the same offer for new customers. Here are the best welcome offers from sportsbooks in Indiana.
- BallyBet: Bally Bet offers a risk-free bet on the first wager that is placed to all new customers that are covered up to $550.
- Barstool Sportsbook: Barstool Sportsbook has a $1,000 bonus for new customers that comes in the form of a risk-free bet.
- BetMGM Sportsbook: The welcome offer from BetMGM Sportsbook is a $1,000 risk-free bet for all new customers on the first wager that is placed.
- BetRivers Sportsbook: The welcome offer from BetRivers has been consistent, and it’s a 100% first deposit bonus worth up to $250 when signing up for a new account at the site.
- Betway Sportsbook: Betway Sportsbook has a risk-free bet worth up to $1,000, but there is a small catch to that offer. The bonus is only a 50% refund on the first bet that is placed at Betway Sportsbook.
- Caesars Sportsbook: Caesars Sportsbook tends to step up its welcome offer compared to competitors, and it has a risk-free bet worth up to $1,500 on the first wager for new customers.
- DraftKings Sportsbook: The welcome offer from DraftKings Sportsbook is a 20% first deposit match up to $1,000.
- FanDuel Sportsbook: The welcome offer from FanDuel Sportsbook is pretty standard, and it’s a “No Sweat First Bet” that includes a refund on the first wager if it loses up to $1,000.
- PointsBet Sportsbook: New customers at PointsBet Sportsbook will receive a pair of risk-free bets worth up to $2,000. The first fixed-odds bet is risk-free up to $500, and the first points betting wager is risk-free up to $1,500.
- SBK Sportsbook: At SBK Sportsbook, new customers can make a $100 wager after signing up for just $10.
- Unibet: Unibet Sportsbook offers a $500 risk-free bet on the first wager to new customers at the site.
- WynnBET: After wagering $100 at WynnBET Sportsbook, every new account will receive a free bet worth $100.
Indiana Sportsbook Promo Codes
Indiana sportsbooks are going to come out with promo codes as a way to ensure that customers can unlock the top offers. These promo codes are usually tied to the welcome bonus from each site, and they will change often.
If you are looking for the latest and best promo codes in the industry, then this is the site that will provide those for you. Make sure you check back consistently, as these promo codes can change often.
- BallyBet
- Barstool Sportsbook
- BetMGM Sportsbook
- BetRivers Sportsbook
- Betway Sportsbook
- Caesars Sportsbook
- DraftKings Sportsbook
- FanDuel Sportsbook
- PointsBet Sportsbook
- SBK Sportsbook
- Unibet
- WynnBET
Deposit/Withdrawal Methods Available in Indiana
There have been a lot of changes and improvements to Indiana sports betting since the industry first launched, and that’s especially true when it comes to banking. Adding money or receiving a payout used to be a hassle at an online sportsbook, but that is no longer the case.
Every sportsbook in the state of Indiana is free to come up with its own list of banking options, but there are some that can be found at nearly every site. Most of the options that you see will allow for money to be sent back and forth quickly, but there could be some minor delays depending on the option that you choose.
Deposit Options
When it comes to depositing money at an online sportsbook, this is where you will find the most options. A credit or debit card used to be one of the only deposit options out there, but there are now others that are much more popular.
PayPal has recently emerged as one of the best deposit options to use when trying to fund a sportsbook account. Simply linking your PayPal and sports betting accounts together will allow you to get money back and forth in a matter of seconds.
Other deposit options that you might find at online sportsbooks in Indiana include: online bank transfer, Neteller, Skrill, PayNearMe, Prepaid Card, or you can pay with cash at the retail sportsbook.
Withdrawal Methods
The list of withdrawal methods that will be available to you is going to be much smaller than the deposit options. This isn’t just something that you will find in Indiana, but it’s this way pretty much all across the board.
If you used PayPal to fund your sportsbook account, then this can also be used as a way to receive your winnings from the sportsbook. You could also choose an online bank transfer, but that could take a couple of days to process.
The quickest and safest way to get your money from a sportsbook in Indiana is to go and visit the casino cage and get your winnings in cash. You could also request an ACH/Echeck or have money reloaded back onto a prepaid card.
Pros & Cons of Betting Online in Indiana
Pros
- Remote registration is available to sign up for sports betting account
- Promos/bonuses available at online sportsbooks
- Online sportsbooks have streaming services for live sporting events
Cons
- Can’t watch games at a retail sportsbook while betting
- Cash transactions must be done in-person
FAQs About Indiana Sports Betting
When did sports betting launch in Indiana?
Governor Eric Holcomb signed sports betting into law in May 2019 after a bill landed on his desk. It didn’t take sports betting long to launch, as the first retail option opened in September 2019.
Can I bet at online sportsbooks in Indiana?
Yes, both retail and online sports betting is available in the state of Indiana. The first mobile sportsbooks in Indiana launched in October 2019.
Is there a ban on betting on college events in Indiana?
The only restriction when it comes to college sporting events is that sportsbooks cannot accept in-play prop bets. Some states have a ban on wagering on in-state college teams, but that isn’t the case in Indiana.
What is the legal sports betting age in Indiana?
The legal age to bet on sports in the state of Indiana is 21 years of age, and that is pretty standard across the board in the United States.
How many online sports betting licenses are available in Indiana?
All 15 properties that hold a sports betting license in Indiana are eligible for three online skins. There could potentially be more than 40 online sportsbooks in Indiana, but the state is well shy of that number at this time.