Indiana Sports Betting 2024 – Compare the Top 10 IN Online Sportsbooks

Written by Aleksandar Simonovski

Updated: 07:17 am EST, 30/08/2024

In 2019, the Hoosier State legalized online and retail Indiana sports betting. Shortly after the US Supreme Court invalidated PASPA in 2018, the state warmly welcomed both.

Offshore betting sites are another option to consider alongside operators that are regulated domestically. Ensure the offshore sportsbooks you sign up with are legitimate and have all the necessary licenses by only using our highest recommendations. Here, you can find reviews of the best sportsbooks that take bets in Indiana, more info on the state betting landscape, and more, so read on.

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Indiana Sports Betting at a Glance 2024

Let’s jump into the exciting world of online sports betting in IN.

List of the Best Online Betting Indiana Sites 2024

We are here to help you find a trustworthy, secure, and licensed offshore sportsbook in Indiana. So that we can compare them more easily, let’s first take a brief look at the top sportsbooks in Indiana.

Significance of Choosing the Right Indiana Online Sportsbook

Choosing the right sportsbook is crucial for both novice and experienced bettors alike. The right platform can significantly enhance the betting experience by offering competitive odds, a wide variety of betting options, and user-friendly interfaces. Furthermore, reputable sportsbooks ensure that transactions are secure, providing bettors with peace of mind when depositing and withdrawing funds.

Bonuses, promotions, and loyalty programs are other significant factors that can add value to a bettor’s experience. In Indiana’s competitive market, where numerous sportsbooks are vying for users’ attention, making an informed decision is more important than ever. Bettors need to consider elements such as customer service, mobile app functionality, and customer reviews to select a sportsbook that best meets their individual needs.

Purpose of Our Indiana Online Sportsbook Guide

The purpose of this guide is to help bettors through the process of selecting the best online sportsbooks in Indiana for the year 2024. By providing detailed comparisons and reviews of the top sportsbooks available in the state, we aim to simplify the decision-making process.

We will explore the latest trends in the sports betting industry and provide expert insights to help bettors make the most informed choices. Whether you are just starting your sports betting journey or looking to switch to a better platform, this comprehensive guide ensures that you find a sportsbook that aligns with your betting preferences and maximizes your enjoyment.

Is Sports Betting Legal in Indiana? – An Overview

As of 2024, sports betting in Indiana is fully legal and regulated, encompassing both retail and online platforms. Following the legislative changes in September 2019, the state has established a structured environment where bettors can safely place wagers on a variety of sports, including professional, collegiate, and international events.

The Indiana Gaming Commission (IGC) oversees all retail sports betting activities, ensuring compliance with state laws and regulations. Online and mobile sports betting and platforms must partner with local casinos to operate legally within the state, adding an extra layer of security and accountability.

The offshore sportsbooks we recommend also allow you to bet legally and safely. Under the watchful eye of international regulatory bodies, each is entirely legal and authorized. When compared to US-regulated operators, offshore sportsbooks provide several benefits.

They shine in important areas, including odds, payment methods, market selections, and bonuses. There is also zero chance of getting into legal issues, as no US player has ever faced charges or arrest for using these services.

History of Legalization of Sports Betting in Indiana

The journey toward sports betting legalization in Indiana began in earnest after the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in May 2018. This landmark decision allowed individual states to decide their stance on sports betting.

Indiana legislators swiftly capitalized on this opportunity, introducing and passing House Bill 1015 in May 2019. Governor Eric Holcomb signed the bill into law in May 2019, officially legalizing sports betting in the state.

Legal sports betting commenced at retail locations on September 1, 2019, and online sports betting a month later. Since then, the industry has seen rapid growth in terms of the number of participants and the revenue generated.

Key Regulatory Bodies and Their Roles

The primary regulatory body overseeing sports betting in Indiana is the Indiana Gaming Commission (IGC). The IGC is responsible for licensing operators, ensuring compliance with gaming laws, and protecting the integrity of sports wagering. Additionally, the IGC monitors financial transactions and enforces measures to prevent fraudulent activities and problem gambling.

Operators must adhere to strict regulatory standards, including regular audits and reporting requirements. By maintaining rigorous oversight, the IGC is crucial in fostering a fair and transparent sports betting environment in Indiana.

Criteria for Evaluating Online Sportsbooks

Several key factors come into play when evaluating online sportsbooks. These considerations ensure that bettors are well-informed when making their betting decisions and ultimately contribute to a positive overall experience.

Licensing and Regulation

The first and foremost criterion for evaluating online sportsbooks is their licensing and regulation status. A reputable sportsbook must hold a valid license from the Indiana Gaming Commission (IGC) or an equivalent offshore governing body.

This ensures that the sportsbook operates within the legal framework established by state or international authorities, providing bettors with a secure and fair betting environment. Licensing also entails adherence to strict regulatory standards, which include regular audits and financial transparency, ensuring the integrity of the sportsbook’s operations.

User Experience and Interface

A sportsbook’s overall user experience and interface can significantly impact a bettor’s satisfaction. A well-designed interface that is intuitive and easy to navigate makes it simple for users to find their desired betting markets and place bets quickly.

Key factors to consider include the website’s loading speed, the ease of locating betting options, and the clarity of the information provided. An exceptional user experience combines aesthetic appeal with functional efficiency, ensuring that novice and experienced bettors can easily navigate the platform.

Betting Options and Markets

A diverse range of betting options and markets is a crucial factor in evaluating an online sportsbook. Bettors should have access to a wide variety of sports, including major professional leagues, collegiate sports, and international events.

Additionally, the availability of different bet types, such as moneyline, point spread, over/under, and prop bets, further enhances the betting experience. A sportsbook that offers extensive in-play or live betting options is also highly desirable, as it allows bettors to place wagers in real-time as events unfold.

Bonuses and Promotions

Bonuses and promotions play a significant role in attracting and retaining bettors. These can include welcome bonuses, deposit match offers, free bets, and loyalty programs.

Evaluating the value and terms of these promotions is crucial; bettors should look for offers with favorable wagering requirements and conditions. Regular promotions and special offers can add value, making a sportsbook more attractive than its competitors.

Payment Methods

The variety and reliability of payment methods offered by a sportsbook can significantly influence a bettor’s experience. Ideally, an online sportsbook should support multiple payment options, including credit/debit cards, e-wallets, bank transfers, and prepaid cards.

The speed of deposits, withdrawals, and associated fees should also be considered. Secure and efficient payment processing ensures a smooth betting experience and boosts the platform’s overall trustworthiness.

Customer Support

Effective customer support is essential for addressing issues or concerns using a sportsbook. Evaluating the availability and quality of customer service options, such as live chat, email, and telephone support, can provide insight into how well a sportsbook values its customers. Prompt, knowledgeable, and courteous support can greatly enhance a bettor’s experience, particularly when resolving technical problems or clarifying terms and conditions.

Security and Trustworthiness

The security and trustworthiness of an online sportsbook are paramount. Bettors need to be assured that their personal and financial information is protected.

Look for sportsbooks that employ advanced encryption technologies and have robust privacy policies. Additionally, a transparent and fair approach to operations, including clear terms and conditions and a strong reputation within the betting community, indicates a trustworthy platform.

Mobile Compatibility

In an age where mobile devices dominate, a sportsbook’s mobile compatibility is crucial. A well-optimized mobile app or mobile-friendly website allows bettors to place wagers conveniently on the go.

Evaluating a sportsbook’s mobile offering’s functionality, speed, and user experience can determine its suitability for users who prefer to bet via their smartphones or tablets. An efficient mobile platform ensures that users can access all features and markets available on the desktop version, providing a seamless and versatile betting experience.

Comparison of Top 5 Indiana Online Sportsbooks

Below is a comparison of the top 5 sportsbooks currently operating in Indiana to assist with evaluating online sportsbooks. Each sportsbook’s features and offerings are outlined based on the abovementioned criteria.

1. BetOnline – The Top Sportsbook in Indiana

BetOnline is a leading online sportsbook renowned for its comprehensive range of sports betting options and user-friendly interface. Established in 2001, BetOnline has built a solid reputation in the industry, offering bettors an exceptional experience with competitive odds, diverse markets, and innovative features. Its commitment to providing a secure and fair betting environment has made it a popular choice among Indiana bettors.

Features

• Extensive Sports Coverage: BetOnline provides a comprehensive range of sports to bet on.
• Live Betting: The platform offers robust in-play betting options, allowing users to place wagers in real-time.
• Competitive Odds: BetOnline consistently offers some of the best odds in the industry.
• Innovative Betting Options: The platform includes various bet types such as moneyline, point spread, over/under, and prop bets.
• User-Friendly Interface: BetOnline’s platform is designed to be intuitive and easy to navigate.
• Mobile Compatibility: BetOnline features a fully optimized mobile app, allowing bettors to place bets quickly.
• Secure Payment Methods: The platform supports multiple payment options, including credit/debit cards and cryptocurrencies.

2. BetWhale – A Large Selection of Prop Bets

BetWhale is another standout online sportsbook catering to Indiana bettors. It offers a wide range of sports betting opportunities and an exceptional user experience. Established in recent years, BetWhale has quickly gained popularity due to its innovative features and commitment to user satisfaction.

Features

• Extensive Sports Coverage: BetWhale offers various sports to bet on, including major leagues.
• Live Betting: The platform’s in-depth live betting feature allows users to place wagers on games as they happen.
• Daily Promotions: BetWhale frequently runs daily promotions, allowing bettors to earn bonuses.
• User-Friendly Interface: BetWhale’s platform is designed for ease of use.
• High Betting Limits: For high rollers, BetWhale offers generous betting limits.
• Mobile Compatibility: BetWhale’s fully-optimized mobile app ensures bettors can place bets and manage accounts.
• Secure Transactions: The platform uses state-of-the-art encryption technologies to ensure that all transactions are secure.

3. Bovada – Odds Updated in Real-Time

Bovada is a premier online sportsbook renowned for its exceptional coverage, user-friendly interface, and innovative features. Catering to bettors both novice and experienced, Bovada offers competitive odds, a wide range of sports, and various betting options to enhance the wagering experience. With its secure transaction processes, reliable customer service, and attractive promotions, Bovada stands out as a top choice for sports enthusiasts looking to raise their game.

Features

• Extensive Sports Coverage: Bovada offers betting options on numerous sports, including NFL, NBA, MLB, NHL, soccer, and tennis.
• Live Betting: The platform features robust live betting options, enabling users to place bets on ongoing games and events.
• In-Play Props: Bovada provides an array of in-play prop bets, allowing bettors to wager on specific events within a game.
• User-Friendly Interface: The intuitive design of Bovada’s website and app makes it easy for users to find their preferred sports.
• Fast Payouts: Bovada ensures swift and reliable payouts, often processing withdrawals faster than many competitors.
• Crypto-Friendly: The platform supports cryptocurrency transactions, including Bitcoin.
• 24/7 Customer Support: Unlike some competitors, Bovada provides round-the-clock customer service.

4. Everygame – Special Betting Pools

Everygame is a comprehensive online sportsbook designed to cater to the needs of all types of bettors. Whether you’re an experienced bettor or just starting out, Everygame offers a diverse array of betting options, competitive odds, and a user-friendly platform to enhance your wagering experience. Its commitment to quality service and secure transactions ensures that users can bet confidently and easily manage their accounts.

Features

• Wide Array of Betting Markets: From mainstream sports like football and basketball to niche markets, Everygame offers extensive betting options.
• Live Betting: Access real-time betting on ongoing matches with dynamic odds that update as the action unfolds.
• Mobile Compatibility: The platform is fully optimized for mobile use, allowing users to place bets and manage their accounts on the go.
• Competitive Odds: Everygame consistently provides attractive odds across various markets, ensuring bettors get the best value for their wagers.
• Secure Payment Methods: Offering a variety of secure payment options, including credit cards and cryptocurrencies.
• Bonuses and Promotions: Regularly updated promotions and bonuses provide added value and enhance the betting experience for users.
• Detailed Statistics and Analyses: Comprehensive stats and analyses are available to help bettors make informed decisions.

5. TG.Casino – Perfect for Crypto Sports Bettors

TG.Casino is an exciting online casino and sportsbook platform designed to deliver a thrilling gaming experience to all its users. With an impressive array of sports betting options and games, TG.Casino ensures there is something for every type of gambler. The platform is optimized for both desktop and mobile use, providing a seamless gaming experience anytime, anywhere.

Features

• Extensive Game Library: TG.Casino offers a vast selection of games on top of sports betting.
• Live Casino Experience: Enjoy the excitement of a real casino with TG.Casino’s live dealer games.
• Mobile Compatibility: The platform is fully optimized for mobile devices.
• Secure Payment Methods: TG.Casino supports a variety of safe payment options.
• Attractive Bonuses and Promotions: Regularly updated bonuses and promotions provide extra value.
• 24/7 Customer Support: Dedicated customer service is available around the clock.
• Advanced Security Measures: The platform employs state-of-the-art security measures.

Best Indiana Sports Betting Sites Compared

Listed below are our top 10 recommendations for IN sports betting sites.

Indiana Sports Betting Promos and Bonuses

Online sportsbooks in Indiana offer a plethora of promotions and bonuses to attract new users and retain existing customers. These promotional offers present an excellent opportunity to maximize value and enhance the overall betting experience. Here are some common types of promos and bonuses you can expect to find from Indiana’s top sports betting sites:

Welcome Bonuses

Most sportsbooks offer lucrative welcome bonuses to new users, which typically include deposit match bonuses or free bets. For example, a site might match 100% of your first deposit up to a certain amount, giving you additional funds to bet with right out of the gate.

No-Deposit Bonuses

No-deposit bonuses are relatively rare but highly sought after. These promotions provide free bet credits without requiring an initial deposit, allowing new users to explore the platform and place bets without financial risk.

Risk-Free Bets

Risk-free bet promotions allow users to place a wager with the guarantee that if the bet loses, the sportsbook will refund the amount, usually in the form of bet credits. This type of bonus is an attractive option for new bettors looking to try their luck without the fear of losing their initial investment.

Reload Bonuses

To keep existing customers engaged, many sportsbooks offer reload bonuses. These are often smaller deposit match bonuses available to users who make additional deposits after their initial one. Reload bonuses provide continuous value and encourage users to keep betting.

Cashback Offers

Cashback promotions give bettors a percentage of their losses back within a specific period. This can help soften the blow of a losing streak and provide an incentive to continue betting even after a few missteps.

Odds Boosts

Odds boosts enhance the potential payout of a bet by offering better odds or bonus bets on specific events or markets. These promotions can be an excellent way for bettors to maximize their winnings on popular games or matches.

Loyalty Programs

Loyalty programs reward users for their continued patronage with points that can be exchanged for various perks, such as free bets, cashback, or exclusive promotions. These programs aim to foster long-term engagement and reward consistent betting activity.

How To Sign Up for Indiana Sports Betting Sites

We will now examine the steps necessary to open an account with an Indiana sportsbook. Here, we’ll use BetOnline, the sportsbook we recommend the most. Nevertheless, the steps are the same regardless of which operator you choose.

1. Visit Your Sportsbook of Choice

Check out BetOnline or any one of the suggested Indiana sportsbooks. Get to the site with the help of our links.

2. Start Registering With the Site

If you are not immediately redirected to the registration page, search for the “Join Now” or comparable option. Along with creating your password, provide your email address. Also, please remember any promotional codes we’ve provided.

3. Enter Personal Info

The usual procedure for an operator to verify your identity is to ask for your complete name, DOB, phone number, and physical address. Before finalizing a withdrawal, the sportsbook may ask for additional information or a confirmation email response.

4. Log In and Deposit Money

Following account authorization, you will have access to the introductory offer and can begin betting. Proceed to the account balance page and add funds. Bonus redemption may require a promotional code you can use while depositing.

5. Receive Your Promotional Funds and Start Betting!

Welcome bonuses are typically instantly credited to your account at our recommended offshore sportsbooks. To activate your incentive, you need to make a qualifying deposit first. See the sportsbook’s T&Cs to be sure you can meet the rollover requirements before you can cash out any bonus winnings.

Indiana Sports Betting Handle

Since the legalization of sports wagering in 2019, Indiana has established itself as a significant player in the sports betting industry. The state consistently reports impressive betting handles, the total amount of money wagered by bettors. The growing popularity of sports betting in Indiana can be attributed to various factors, including a diverse selection of sportsbooks, attractive promotional offers, and a dedicated fan base for major sports leagues.

Monthly reports from the Indiana Gaming Commission highlight the substantial volume of bets placed on sports. The betting handle often surpasses hundreds of millions of dollars, reflecting a robust and active market. Key events such as the NFL season, March Madness, and significant sporting championships contribute to surges in the handle, drawing both seasoned bettors and casual fans.

Indiana’s strategic position and proactive legislative framework ensure a thriving environment for sports betting. The high handle figures signal a healthy market and provide significant tax revenue for the state, supporting public services and further promoting the industry. The continued growth of Indiana’s sports betting handle exemplifies the successful integration of regulated sports wagering into the state’s entertainment landscape.

Paying Tax on Sports Bet Winnings in Indiana

Your earnings from gambling in Indiana are subject to federal income tax, as they are in every state in the US. If your net yearly winnings exceed $600, you must report them to the IRS and fill out a W-2G form, which a sportsbook will send you.

An online sportsbook in Indiana can sometimes retain as much as 24% of your gains upfront to account for taxes rather than leaving it to you come tax time. Plus, you must pay Indiana’s state income tax on yearly net earnings.

It is important to note that offshore operators do not report your earnings to the state or the IRS. When paying taxes each year, everyone must disclose their profit or loss on their own accord.

Timeline of Indiana Sports Betting

Just before the 2019 NFL season, sports betting in Indiana was legalized a year after the Supreme Court’s decision to strike down PASPA. In 2024, bettors in Indiana can use 13 US-based applications that allow betting.

• 2024: Being the thirteenth online operator in the state, Fanatics takes over from PointsBet.
• 2023: DraftKings has made the DK Horse app for horse racing available in eleven states, including Indiana.
• 2022: Online sports betting in Indiana is getting more competitive, and Hard Rock, MaximBet, and SBK Sportsbook are all joining the fray. Caesars Southern Indiana and Betr have reached a deal allowing Betr to access the Indiana market. With the closure of their online sportsbooks in late 2022, MaximBet and theScore Bet brought the total number of sports betting applications in Indiana back down to thirteen.
• 2021: Betway, WynnBET, Bally Bet, and Barstool Sportsbook all open virtual doors in the Hoosier State. This year, more than twice as much money is staked on sports in Indiana, totaling $3.8 billion.
• 2020: Indiana has more than $1.7 billion in total sports betting handle, and Unibet and the Score Bet launch.
• 2019: On May 8, Gov. Eric Holcomb signed HB 1015 into law after approving it. The first brick-and-mortar sportsbooks in Indiana begin for business on September 1, and on October 3, online operators join the IN market.
• 2018: Legislators in Indiana have introduced HB 1015 in the hopes that the federal government will approve regulated sports betting. In May, when the Professional and Amateur Sports Protection Act (PASPA) is repealed, lawmakers can legalize online and retail sports betting at the state level.

Best Sports to Bet on in Indiana

Indiana offers a wide range of sports for bettors to wager on, from traditional American favorites like football and basketball to international events such as soccer and tennis. However, some sports may be more attractive due to their popularity or betting options. Here are a few popular sports that residents of Indiana enjoy betting on:

Football (NFL)

The NFL is the most popular professional sports league in the United States, and Indiana is no exception. The state is home to the Indianapolis Colts, making football a significant part of Indiana’s culture. Betting on NFL games is incredibly popular, with options such as moneyline bets, point spreads, and prop bets available for each game.

Basketball (NBA)

Basketball also has a strong following in Indiana, with the Indiana Pacers representing the state in the NBA. The fast-paced nature of basketball lends itself well to betting, with options like point totals and player props attracting bettors. College basketball is also immensely popular in Indiana, often called the heartland of basketball, with teams like the Indiana Hoosiers and Purdue Boilermakers fueling fans’ passion.

Baseball (MLB)

Baseball may not be as popular as football or basketball in Indiana, but it still has a dedicated fan base. With teams like the Chicago Cubs and Chicago White Sox located nearby, Indiana residents have plenty of options for betting on Major League Baseball games. The long MLB season offers numerous opportunities for different types of bets, such as run lines, totals, and futures.

Soccer (MLS)

Soccer may not be as popular in the US as other sports, but it is gaining traction in Indiana. The state has its own MLS team, Indy Eleven, and boasts a strong youth soccer program. Betting options for soccer include moneylines, point spreads, and prop bets, making it an exciting option for bettors looking to diversify their portfolios.

Other Sports

Indiana also offers betting options for various other sports, including tennis, golf, hockey, and more. Tennis fans can place bets on significant tournaments like Wimbledon and the US Open, while golf enthusiasts can bet on events such as The Masters and the PGA Championship. Hockey fans can enjoy betting on the NHL, with options ranging from moneyline bets to over/under totals.

The diverse selection of sports available in the state allows bettors to explore different markets and find their niche. Additionally, niche sports like MMA, boxing, and auto racing attract their share of dedicated bettors, further broadening the scope of wagering opportunities in Indiana.

Tips for Safe and Responsible Betting

While sports betting can be a fun and exciting form of entertainment, it is essential to gamble responsibly. Here are some tips for safe and responsible sports betting in Indiana:

Setting Betting Limits

Establishing personal betting limits is a crucial aspect of responsible gambling. Before you begin wagering, it’s essential to set both time and monetary limits to ensure that your betting activities remain a form of entertainment rather than a financial burden. Decide on the maximum amount you are willing to risk per day, week, or month, and stick to it.

Many sportsbooks provide features that allow you to set deposit, wager, and loss limits directly on your account, making it easier to manage your betting habits. Betting should never interfere with your personal, financial, or professional responsibilities.

Understanding the Odds and Making Informed Bets

Understanding the odds and how they work is a fundamental part of responsible betting. Knowing the various types of bets and their associated odds can help you make more informed decisions.

Take the time to research and understand the sport you are betting on, the different markets available, and the factors that can influence an event’s outcome. Use betting guides, expert analysis, and statistics to enhance your knowledge. Making informed bets can reduce the risk of substantial losses and create a more enjoyable betting experience.

Utilizing Customer Support and Resources for Problem Gambling

If you ever feel that your betting habits are becoming problematic, seeking help without delay is essential. Most reputable sportsbooks offer customer support services that can assist you with setting limits, account management, and information regarding responsible gambling.

Additionally, there are numerous organizations and resources available to support individuals struggling with a gambling problem or addiction. Contact helplines such as the National Council on Problem Gambling or use online tools and support groups designed to help manage and mitigate problem gambling behaviors. Taking these steps can ensure that your betting remains a safe and enjoyable activity.

Conclusion

Sports betting in Indiana continues to thrive, with impressive betting handles and a diverse selection of sports for bettors to wager on. The state’s proactive approach to regulation and strategic location have contributed to its success as a prominent player in the sports betting industry. If you want to get involved in Indiana sports betting, we highly promote BetOnline as the best sportsbook available in the state.

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