Kentucky Sportsbooks + Sports Betting Sites

Posted September 13, 2019

Betting on sports events together with any live bookie or online sportsbooks based in Kentucky is against the state’s laws. This is due to the fact that the state of Kentucky has not legalized any kind of sports betting. However, this doesn’t prevent offshore online bookies from accepting Kentucky residents, and the state has no online sports betting laws to prevent its residents from signing up at overseas online bookies.
This page tries to explain online sports betting legality problems. We have not only tried to deliver an understanding of Kentucky’s sports betting legislation, but have shared expert opinions regarding the legality of gambling in offshore online bookies. We also have presented a list of authorized online sports betting options for Kentucky residents.
Is it Legal to Bet on Sports at Kentucky?
It could seem like gambling on the results of sports events with unlicensed live bookies is against the laws of Kentucky, but that is not exactly the situation. The country has strict gambling laws that stop sports betting in its jurisdiction, but these laws are confined to those parties who”advance gambling action.” To put it differently, the law — which may be located at the Kentucky Legislature website here (Chapter 528) — applies only to would-be bookmakers, not real sports bettors. The state does not license any bookmaking company to run land-based or internet bookie businesses in its jurisdiction. Hence, citizens who put stakes with reside bookies in Kentucky are conducting the danger of their bookie being detained, leading to a complete loss of the stakes and/or payouts. It is just not a fantastic idea.
But many overseas online sportsbooks take Kentucky residents and it’s legal for residents to sign up at one or more of these offshore online sportsbooks. No regulation in Kentucky specifically states that it is against the law for residents to join at offshore online bookies and put bets on their favorite sports occasions. In reality, it’s completely legal for Kentucky residents to wager online at abroad online bookies, but caution must 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.
Useful Article: Why Is Online Sports Betting Legal In The U.S.
Can Kentucky Residents Get into Trouble for Placing Bets Online?
Kentucky residents won’t get into trouble with the law for putting bets on their favorite sports events in offshore online sports betting sites. This is because offshore online bookies accepting Kentucky bettors do not function from Kentucky and therefore do not violate Kentucky legislation at all. They are all based in foreign countries and run under permits issued by their home governments. Besides, the country has no law specifically stating that it is illegal for residents to bet on sports at abroad online sportsbooks, and only those who take stakes inside the country are targeted by present 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 definitely illegal in Kentucky, running a bookie business is punishable by law. You won’t be breaking your nation’s gambling laws as long as you stick to the offshore online bookies we have advocated for you, nor will your funds be redeemed as they may be if using a local black market bookmaker.
Where Would Kentucky Residents Bet Sports Online?
Lots of offshore online sportsbooks accept Kentucky residents and we have chosen the best of these for your benefit. The Kentucky friendly online sportsbooks on this listing are based in offshore countries and do not violate your country’s laws. These are licensed and controlled online bookie companies offering the best odds on preferred US league and college sports events. You may be certain they are all trusted and top quality brands.
Finest 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 such as an online poker room, casino, and racebook for Thoroughbred action. US bettors prefer registering for real money at Bovada’s sportsbook since the online bookie covers almost every match that’s played under sunlight, and this contains popular US league sports and college sports, along with international sporting events.
Since Bovada is a member of a prestigious company called Salmon River Technologies and runs under a permit granted by the Kahnawake Gaming Commission from Canada, bettors may anticipate a 100% safe and secure gaming atmosphere at Bovada Sportsbook. The internet bookie allows US bettors to finance their accounts using safe and convenient payment procedures, and the support also accepts Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to appealing features such as mobile betting, live betting, live video streaming, and in-play betting. US bettors can also place bets on their favorite sports events on their mobile devices, making it effortless to bet regardless of where you’re in Kentucky. KY residents who sign up at Bovada can now 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 gives the very best possible chances on a vast array of sports, but the website also includes topnotch customer care service. Bettors are unlikely to face problems at all when they sign up together and use this US friendly online sports gambling site, but if they dothey can always get in contact with the internet bookie’s customer care representatives via toll-free phone, email, or live chat.
SportsBetting is exceptional since it does not stop at providing its customers a new player cash game bonus such as other lesser sites. Instead, bettors at SportsBetting may claim a lifetime bonus of 25 percent (up to $1000) on every deposit they make for as long as they hold real cash accounts with the online bookie. Since SportsBetting is licensed and regulated abroad, US bettors may rest assured of the finest online sports gambling experience.
US bettors may legally bet on a massive choice of sports like football, soccer, racing, baseball, basketball, and so on at this internet bookie. Even better, SportsBetting chooses the most diverse forms of payment of any significant sportsbook, together with available choices like 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 Set Their Own Lines!
The highlights of 5Dimes Sportsbook, an authorized online gambling betting choice for US bettors, are a 24/7 customer support system, appealing promotions, exciting bonuses, and a vast choice of sports gambling markets. 5Dimes Sportsbook is one of the very few online bookies that provides betting odds even on rare sporting occasions. On top of that, though, is that 5Dimes highlights the practice of”buying points,” which enables bettors the opportunity to set their own phrases on various bets, including spreads, totals, and more.
Bettors can open two types of accounts at 5Dimes Sportsbook–a telephone account or an internet account. They can use the same details to get access to additional 5Dimes services for example its 24/7 real-money casino and global pari-mutuel racebook, also.
5Dimes Sportsbook is your source of attractive gambling odds on sports like boxing, racing, golf, football, baseball, soccer, and many others. US bettors prefer signing up in 5Dimes Sportsbook not only because it’s safe, secure, and lawful, but also because of its specific props and amusement odds. 5Dimes Sportsbook provides an attractive collection of stakes such as parlays, under/over stakes, if bets, monsters, lines, spreads, along with others, as well as new members who sign up now can get a 50% welcome bonus worth around $520 in precious 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 can locate. It’s all of the sports, wagering types, and betting odds that you search for when joining an internet sportsbook. Additionally, there are plenty of exciting extra features, such as the mobile betting platform where you could wager on sporting events while you’re waiting in line at the grocery store or are out and about in the bar.
Their mobile sportsbook delivers all of the BetDSI sports gambling action into a convenient platform. You can get live betting odds, make deposits, ask payouts, maintain bonuses, and more, from your iPhone or even Android device. Bet on football, hockey, basketball, baseball, tennis, or any other sport which you prefer. With cellular betting, you’ve got 24/7 access to your sports betting account.
BetDSI provides two distinct mobile sports betting choices. It is possible to go to the website from your iPhone, BlackBerry, or Android apparatus and there is no external app required. Only type in BetDSI.eu in your mobile browser and you will be directed to the mobile website. There’s also a downloadable program that players can utilize based on the sort of device you own, like a Microsoft Surface. If you are ready to start gambling on sports in the palm of the hands, combine BetDSI now, where KY residents can get 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 Go To U.S. Betting Website Bovada Sportsbook Review 50% Up To $250
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Kentucky Sports Betting Laws
Kentucky has a couple of sports gambling laws, but none of these say a phrase about online sports gambling. The current legislation have been written to remove unlicensed live bookies in the country and rescue residents from being cheated by these. These laws are not written with the individual bettor in mind.
While it is definitely against the law for any bookmaking company to run online or live sports betting businesses within the state, the state has nothing in its law books to stop residents from registering and placing bets on sports events in offshore online bookies licensed in overseas gambling jurisdictions.
The sports gambling legislation in Kentucky make it clear that there are no penalties imposed on residents that are interested in legal online sports gambling. As long as you use a valid online sportsbook that you do not have to worry about non-existent KY sports betting laws. To review Kentucky gambling legislation in complete, you can check out the state’s official legislation .
Useful Article: Sports Betting Laws from the U.S.A.
Why are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky is not able to permit and control any bookmaking company only because it has not legalized sports betting. To be able to issue licenses to regulate online sports gambling businesses, it must first legalize sports gambling and make a set of regulations for its sports betting industry. This is something that is not very likely to occur in the future, though that the Professional and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Courtthat the nation can go forward with legalizing the pastime whenever it wishes.
The offshore online bookies that accept Kentucky residents are not regulated by the state. But this does not mean that these online bookies are prohibited. They are all licensed in foreign gaming jurisdictions and governed by their strict gaming laws. They will lose their licenses if they don’t meet their clients and deliver a safe and secure sports gambling product. You need not worry about losing your cash at the Kentucky friendly online sportsbooks we have listed here.
There’s Definitely No Lack Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports gambling, it could create revenue through college basketball gambling alone. The best college basketball team in Kentucky is the Wildcats at the University of Kentucky. The state has no professional sports teams, but tons of baseball and baseball teams. The majority of the online bookies we recommend offer odds 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 could generate huge earnings through taxing the gambling on college basketball alone. 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 anywhere else in the nation. The country does not have any professional sports teams, but it hosts lots of baseball and baseball teams, and KY residents have a number of teams to root for in neighboring countries.
KY inhabitants gamble an estimated $5 billion online sports betting every year. That translates into roughly $250 million of taxable sports gambling revenue that could come back in the state in case it opens sportsbooks in its boundaries, and of course all the economic good that comes from maintaining most of that massive handle within the state rather than sending it overseas. Hopefully, KY receives the memo earlier instead of later and provides its residents the sports gambling products they want.
The most recent laws for legalized sports gambling at KY comes via BR 29, which you can read here. This legislation calls for a mere 3% tax on the total sportsbook handle, however, which makes it improbable that the law is going to be passed in its current form, as that 3% represents about 55-65percent 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 are higher than the quantity you’ll have to risk. The – sign designates your favorite and means that you will have to risk more than you may potentially win. That is called the moneyline, and it functions like this:
Houston Rockets (+190) vs. San Antonio Spurs (-220)
A bet 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 potentially win $190. In non-straight stakes, like spread bets, the moneyline works the same style, but both teams usually carry the exact same moneyline (usually -110 or so). This shows the built in vigorish, or house take, for the bookmaker (in this instance, 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 which banned states from respecting land-based sports betting. The only exceptions were NV, DE, OR, and MT due to their prior legal sports gambling options, though just NV was allowed to offer comprehensive sportsbooks. (The other states’ sports gambling choices were random lotteries based on athletic events.) PASPA is the reason why there are no land-based sportsbooks in KY, but with PASPA currently gone, that could change in the future.
Are Bonuses Only For New Members At Online Sportsbooks?
There are normally several distinct bonuses and promotions occurring at online sportsbooks. While there’s always some type of welcome offer, most sports betting sites also have lien bonuses, free bets, and free-plays which could be redeemed by all members. Verify the promotions page regularly for the latest bonuses.
Can I Bet At The Horse Racing Tracks In Kentucky?
There aren’t any options to bet on sports in the Kentucky horse monitors… yet. The state is working towards legalizing the business and some thoughts have sports gambling being offered at the tracks. Others might just let for the lottery to take 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 wager on sporting events in Kentucky the moment you turn two Some sites may accept players as youthful 18 but we advise sticking with the nation’s laws. You’ll need to verify your age when making a withdrawal and being underage can lead to account termination and the confiscation of winnings. Be on the safe side and only bet when you’re inside the laws.
Where Will Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is among those states that seem to be placing the money to good use. While it is only suggested and not authorized (yet), the state would send the vast majority of the cash to the state pension fund which gives benefits to workers and retirement capital. Moreover, the state would devote some of the capital 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 continually proven to win lots of games and would be a great intro into betting. If you don’t enjoy 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 nations are constantly in a battle to approve a measure in support of sport betting, one state was quick to the punch. West Virginia legalized the industry in 2018 and takes wagers on Kentucky established universities as well as professional teams. Mardi Gras Casino is only over the Kentucky border, being a guide shot east on I-64 from the Lexington and Louisville.