One of the reasons that you can consider Indiana as one of the top sports betting markets in the country is for the fact that there are plenty of betting options to use.
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There are no online-only licenses available in Indiana, as all sportsbook operators have to be partnered with a property that can offer sports betting.
Here is a full list of the online sportsbooks in the state of Indiana:
- Barstool Sportsbook
- BetMGM Sportsbook
- BetRivers
- Betway
- Caesars Sportsbook
- DraftKings Sportsbook
- FanDuel Sportsbook
- PointsBet Sportsbook
- Unibet
- Hard Rock Bet
- SBK Sportsbook
The list of online sportsbooks in Indiana is set to change soon, as some licenses are going to flip to other operators. This list will be updated as more information on those changes becomes available.
All of the retail sports betting locations in Indiana can be found at casinos, racetracks, and off-track betting facilities in the state. There is a good mixture of each type, and bettors in the state can find some great retail sportsbook options.
Here is a list of where sports betting in the state of Indiana is offered:
- Ameristar Casino East Chicago
- Bally’s Evansville
- Belterra Casino Resort
- Blue Chip Casino
- Caesars Southern Indiana
- French Lick Resort Casino
- Hard Rock Casino Northern Indiana
- Harrah’s Hoosier Park
- Hollywood Casino Lawrenceburg
- Horseshoe Casino Hammond
- Indiana Grand Casino
- Rising Star Casino Resort
- Winner’s Circle Brew, Pub and OTB, New Haven
- Winner’s Circle Clarksville
- Winner’s Circle Pub, Grille and OTB, Indianapolis
When sports betting first started to become a legal option in the United States back in 2018, there were many states that started to explore the industry. Indiana was one of the first states that started to explore this industry, and it wasn’t long before lawmakers were able to get a bill passed.
Things took off quickly in the state of Indiana, and it wasn’t long before it was the leader in the Midwestern part of the country. That is no longer the case as other markets have grown, but there is still a solid sports betting market in this state.
Indiana is getting to celebrate four years of legal sports betting, and both online and retail wagering options are available. This state has continued to grow in terms of the number of sportsbooks available, and it’s also a market that attracts the biggest names in the industry.
This is a market that doesn’t really appear to be growing in a big way moving forward, but sports betting is now a big part of the culture of this state.
Historical Background of Betting in Indiana
The Indiana Gaming Commission has been the regulatory body of many forms of gambling in the state, and sports betting was added back in 2019. Indiana is a state with plenty of retail gambling locations throughout the state, with a majority of those being riverboat casinos.
Since Indiana already had the infrastructure in place with a number of casinos, it wasn’t hard to get sports betting up and running in the state. Unlike other states, there really wasn’t much debate around sports betting after lawmakers first started to introduce the topic.
A bill quickly moved through the state legislature back in early 2019, and the industry was up and running later that year. Sports betting was an instant success in Indiana as the total sports betting handle was over $1 billion in the first 12 months.
Indiana Betting Legalization Details
It was House Bill 1015 that officially legalized both online and retail sports betting in the state of Indiana. That bill became a law in May 2019, and it was only a few months later that the official launch happened.
Retail sports betting was the first option in Indiana as that launch coincided with the start of the 2019 NFL season. Less than one month later, both DraftKings and FanDuel were able to enter the market as online sports betting options.
There have been very few changes to the original sports betting law in Indiana, and that has created a sports betting market that is incredibly stable.
Key Regulations and Rules
The legal sports betting age in the state of Indiana is set at 21 years of age, and that’s pretty standard when it comes to this industry. Both online and retail sports betting has the same age limit in place, and betting is not limited to just residents of the Hoosier State.
Esports betting is not available in Indiana, but that’s really one of the only major restrictions. Betting on in-state college teams is allowed, as only betting on high school sporting events is currently outlawed.
Sportsbooks in Indiana are able to offer a wide range of betting types and that includes plenty of U.S. and international markets. This gives both operators and sports bettors a ton of opportunities, and it has helped the sports betting market in the state grow.
One nice thing for sports betting operators in the state of Indiana is that the tax rate on total revenue is set at just 9.5%. That’s much lower than the national average, and it gives operators the chance to offer more bonuses and promotions to customers.
Popular Sports and Events to Bet On in Indiana
The state of Indiana does not have many professional sports teams, and that is one thing that does slow down the overall growth of this industry. Indiana is also a state that is all about basketball, and there is at least an NBA team located in the state.
The Indiana Pacers are the NBA team located in the state, and this franchise has a massive following by sports fans throughout. Basketball continues to bring in good numbers for sportsbooks, and the Pacers play a key role in that.
Football is also popular in Indiana, just as it is everywhere else in the United States. The Indianapolis Colts have a huge fanbase in the state, and this is a team that has had plenty of recent success as well.
Betting on in-state college teams is legal in the state of Indiana, and that helps the sportsbooks out a ton as well. There are three major universities that are popular for both basketball and football, but other colleges can draw some action as well.
The Indiana Hoosiers, Purdue Boilermakers, and Notre Dame Fighting Irish are the three most popular teams in the state. Indiana and Purdue are tops when it comes to college basketball, and Notre Dame is one of the most popular and historic college football teams of all time.
Since Indianapolis has proven that it is a city that can host big events, it continues to earn some of the biggest events in sports. The Big Ten Tournament, the NCAA Tournament, and the Super Bowl are all major events that have been played in this state.
Racing is a big part of the culture in Indiana as well, especially for races that take place at the Indianapolis Motor Speedway. The Indianapolis 500 is one of the most important races that takes place every year.
