Indiana Sports Betting: Best Indiana Sportsbooks of 2024

Indiana is one of the states that quickly embraced the potential of online sports betting. The first Indiana betting sites went live in October 2019, and the sports bettors of the Hoosier State have been enjoying sports wagering ever since.

Fact Checked by Trent Hinton

Top Indiana Sportsbooks

There are now more than a dozen options when you want to enjoy Indiana sports betting. The list of online Indiana sportsbooks operating here includes all the leading names in the industry. What can you expect when you visit each one?

Verified Offers Verified By Our Experts
1
Best Choice
Caesars Sports
Best Choice
Must be 21+ to participate. T&Cs apply.
2
Must be 21+ to participate. T&Cs Apply.
3
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in IN. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
4
Must be 21+ to participate & present in Indiana. Gambling Problem? Call 1-800-9-WITH-IT. T&Cs Apply.
5
Must be 21+ to participate. T&Cs apply.

Indiana Sports Betting: Quick Facts May 2024

Indiana sports betting is taking the state by storm. Here is a quick snapshot of everything you need to know.

🏈 Is Indiana Sports Betting Legal?Yes, Indiana sports betting is legal.
📰 Latest News:Fanatics Sportsbook is LIVE in Indiana
Who Regulates Indiana Sports Betting?Indiana Gaming Commission
🔞 Legal IN Betting Age:21+
📲 Legal Indiana Sportsbooks:19
📞 Problem Gambling?1-800-9-WITH-IT
Last Verified:May 22, 2024

Where to Bet on Sports in Indiana

If Indiana betting apps aren't your preference, the following casinos have a tie-up with an online sportsbook that you can bet at in person.

  • 📍 Ameristar Casino East Chicago - DraftKings
  • 📍 Belterra Casino Resort - BetMGM, Betway
  • 📍 Blue Chip Casino, Michigan City - FanDuel
  • 📍 Caesars Southern Indiana - Caesars sportsbook
  • 📍 French Lick Resort - BetRivers
  • 📍 Hard Rock Casino Northern Indiana - Hard Rock sportsbook
  • 📍 Hollywood Casino Lawrenceburg - PointsBet, Barstool
  • 📍 Horseshoe Hammond Casino - Caesars sportsbook, Unibet
  • 📍 Rising Star Casino Resort - WynnBET
  • 📍 Bally's Evansville - Bally Bet

Indiana online casinos are not legal yet, so if you want to take advantage of casino games, you will have to do so in person.

Is Sports Betting Legal in Indiana?

Yes, sports betting is legal in Indiana. The decision to make Indiana sports betting legal was taken in May 2019 - and within a few months, both online and retail sportsbooks were up and running.

Given that each land-based casino can partner with up to three online operators, there is room for many more brands to launch under license from the Indiana Gaming Commission, which regulates online sports betting here.

Legal Online Sportsbooks in Indiana

There are 13 legal online sportsbooks to choose from in Indiana:

  • BetMGM
  • Bet365
  • Betway
  • Bally Bet
  • FanDuel 
  • DraftKings
  • BetRivers
  • Caesars
  • ESPN Bet
  • PointsBet
  • Unibet
  • Hard Rock Bet
  • SBK Sportsbook

Indiana Legal Sports Betting Legislation Timeline

  • 📅  March 6, 2024: After securing an Indiana sports betting license from the Indiana Gaming Commission, Betr is now on track to introduce its mobile platform for wagering in the state.
  • 📅 2023: A bill is introduced that would permit the launch of Indiana online casinos.
  • 📅 2022: The total revenue from legalized sports wagering in Indiana passes the $10billion mark.
  • 📅 2021: Nearly $4billion is wagered on sports by the people of Indiana.
  • 📅 2020: Five new sportsbooks launch, while the Colts and the Pacers sign partnership deals with leading operators.
  • 📅 2019: State governor Eric Holcomb signs sports betting bill HB 1015 into law in May. By September, retail sportsbooks have launched, and a month later – just in time for the NFL season – online wagering is under way too.
  • 📅 2018: The US Supreme Court rules the Professional and Amateur Sports Protection Act unconstitutional, clearing the way for states to legalize betting on sports if they wish to.

ESPN BET Indianan Sportsbook

ESPN BET Indiana is live as of November 14. Launched from the renowned sports media giant, ESPN, ESPN BET will quickly establishes itself as a formidable player in the sports betting market. ESPN BET will be separate from the ESPN app, and you will be able to bet parlays, quick bets, featured bets, and Pat McAfee Parlay Specials.

  • Offer: Bet $10, Get $150 in Bonus Bets
  • Live Since: November, 2023
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: Available on both iPhones and Androids
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in IN. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.
Fanatics Indiana Sportsbook

Fanatics Indiana Sportsbook

The Fanatics Indiana sportsbook is the newest member in the sports betting scene. The renown apparel store has made an immediate impact in the sports betting world.

Fanatics has a unique betting experience and an easy to use interface. It is one of our top recommendations to try today.

  • Welcome Offer: Bet and Get Up to $1,000 in Bonus Bets
  • Live Since: February 2024
  • Retail Partner: Online only
  • Live Betting: Yes
  • Boosted Odds: Yes
Must be 21+ to participate. T&Cs Apply.
BetMGM Indiana

BetMGM Indiana Sportsbook

If you want as broad a choice as possible while enjoying sports betting in Indiana, this is a destination well worth checking out. BetMGM Indiana offers an enormous variety of sports betting options. Naturally, you'll have every chance to wager on football, baseball, basketball and hockey; but there are plenty of markets on internationally popular sports too. You should also find niche events here. BetMGM's profile in Indiana is boosted by its partnerships with the MLB, NHL and NBC sports.

  • Offer: Up to $1,500 in Bonus Bets if your first bet loses
  • Live Since: Feb 2020
  • Retail Partner: Belterra Casino
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: Mobile betting on iPhones and Androids
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in IN. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in NY, NV, or Puerto Rico.

Betway Indiana Sportsbook

Betway Indiana Sportsbook brings a dynamic betting experience to the Hoosier State. With a diverse range of sports, including football, baseball, basketball, and hockey, Betway stands out for its international market offerings and coverage of niche events. The user-friendly app, available on both iPhones and Androids, enhances accessibility, while boosted odds and exciting promotions add extra value. Join Betway Indiana to elevate your sports betting journey with a trusted and innovative platform.

  • Live Since: May 2021
  • Retail Partner: Belterra Resort Indiana
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: Apps available for iPhones and Androids
  • Learn more about this operator at our sportsbook review
Must be 21+ to participate. T&Cs apply.
Bet365 Indiana

Bet365 Indiana Sportsbook

The Bet365 Indiana Sportsbook began with an online sportsbook serving New Jersey, and now offers sports wagering in Colorado, Virginia, Ohio and Iowa as well. There are currently two welcome offers you can choose from: Bet $5 and get $150 in Bonus Bets, or a $1,000 First Bet Safety Net. If you're a fan of international or more niche sports, you'll find a lot of options on Bet365.

  • Offer #1: Bet $5, Get $150 in Bonus Bets
  • Offer #2: First Bet Safety Net up to $1,000
  • Live Since: January 2024
  • Retail Partner: French Lick Resort
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: On both iOS and Android devices
Must be 21+ to participate & present in Indiana. Gambling Problem? Call 1-800-9-WITH-IT. T&Cs Apply.
Must be 21+ to participate & present in Indiana. Gambling Problem? Call 1-800-9-WITH-IT. T&Cs Apply.

FanDuel Indianan Sportsbook

FanDuel is one of the premier Indiana betting sites by its time building brand awareness with its Daily Fantasy Sports product. FanDuel's long list of organizations with which it is an official betting partner includes the Indianapolis Colts, as well as the NFL, NBA, MLB and NHL. This is an outstanding sportsbook for bettors of all levels of expertise, with a huge choice of features delivered with a sumptuous level of user experience.

  • Offer: Bet $5, Get $150 in Bonus Bets
  • Live Since: Oct 2019
  • Retail Partner: Blue Chip Casino
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: On both iOS and Android devices
  • Learn more about this operator at our sportsbook review

DraftKings Indianan Sportsbook

Month after month, the DraftKings online sportsbook features at or near the top of the table for handle and revenue in Indiana. This comes as no surprise given the excellence of the product - and the fact that it had a head start with its years offering Daily Fantasy Sports games. DraftKings has partnerships with, among others, the NFL, NBA, MLB and NHL, and offers a top-class all-round product. Its wide range of sports betting markets and promos, allied to a low minimum deposit of $5, enable it to appeal to a broad spectrum of customers, including new sports bettors.

  • Offer: Bet $5, Get $150 in Bonus Bets Instantly
  • Live Since: Oct 2019
  • Retail Partner: Ameristar Casino East Chicago
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: Available on both iPhones and Androids
  • Find out more about this operator at our sportsbook review

BetRivers Indianan Sportsbook

There's plenty going on at the BetRivers sportsbook for fans who enjoy sports betting in Indiana, helped by the fact that its parent company, Rush Street Interactive, has its HQ just over the border in Chicago. If you enjoy regular bonuses, this is the place for you - there are daily odds boosts, plenty of free bet insurance deals on parlays, and a rewards program commonly hailed as one of the best in the business. BetRivers has a partnership with soccer team Indy Eleven, and is also a sports betting partner of Hooters.

  • Offer: Second chance bet up to $100
  • Live Since: October 2019
  • Retail Partner: French Lick Resort
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: Available on both iOS and Android devices
  • Find out more about this operator at our sportsbook review

Caesars Indiana Sportsbook

The Caesars Indiana sportsbook is one of many operators that offers you the chance to get your stake back if your first bet loses. These have traditionally been known as risk-free bets, but that's not quite accurate because you have to place your stake in the first place. In this instance, though, the maximum stake of that first bet is higher than at rival Indiana sportsbooks, with a first stake of up to $1,000 coming back to you as site credit if you're on a loser. The Caesars sportsbook, which has a partnership with the Indianapolis Colts, follows up with plenty of fun in the form of frequent bonuses and promos.

  • Offer: Second chance first bet of up to $1,000
  • Live Since: May 2020
  • Retail Partner: Horseshoe Hammond Casino
  • Live Betting: Yes
  • Boosted Odds: Yes
  • App Offered: Yes, at Apple Store and Google Play Store
  • Get more information about this operator at our sportsbook review

Why You Should Sign Up For Multiple Indiana Sportsbooks

There is absolutely nothing in Indiana sports betting law that says you must restrict yourself to a single sports wagering account. Indeed, there are several advantages to opening more than one, including:

Multiple Welcome Bonuses

All the top online sports betting sites offer enticing welcome bonuses. You can take advantage of any promo code you are given and enjoy the benefits of each one as you become familiar with a new sportsbook.

Get The Best Odds

There will be variations between the odds on various events. If you have more than one account, you can be sure you are getting the best price when you place your bet.

Wider Range of Sports

You may prefer to use a sportsbook that has a smaller range of markets – but then want to place a bet on a less mainstream sport. By opening multiple accounts, you maximize the chance that you will find the event you are looking for.

Find The Place That Suits You Best

As with any purchasing decision, you want to be sure you have tried various options before deciding on your favorite. By opening more than one account, you can make your final choice with confidence.

Promotions & Offers At Indiana Online Sportsbooks

The competition for sports betting custom in the Hoosier State is intense, and operators will use various methods to tempt you. As a result, every sportsbook will have an attractive Indiana Sportsbook Promos, that gives you a slice of extra value when you sign up – and there should be more offers to follow.

Risk-Free Bets

Risk-free bets are a popular way of attracting new online bettors. If your first wager is a winner, you get a return as normal. But if it loses, your stake is refunded, either as free bets or site credit. Many sportsbooks have moved away from describing such bets as “risk-free” – because while you may get a second chance, you don't actually get your money back.  

Deposit Match

Another way by which sportsbooks offer extra value to new Indiana bettors is by enhancing your initial stake. In the case of a deposit match, however much you place in your account is matched by the sportsbook – instantly doubling the funds at your disposal. This is particularly useful if there are some major sporting events coming up that you want to bet on.

Referral Bonuses

Once you have signed up for an account, a sportsbook will want to incentivize you to get others to join you. If you use a unique link to invite one of your friends to register as a customer, and they then sign up and start online betting, you should both get a bonus in the form of free bets.

Odds Boosts

An odds boost enhances the price about a particular result, meaning that your payout is similarly increased. The top Indiana sportsbooks offer odds boosts on a regular basis – look out for a special section dedicated to boosts. Ideally, you should see the original price so that you can work out how much extra you might win.

Parlay Insurances

Parlays are incredibly popular with Indiana sports bettors – indeed, with sports betting fans around the world. If you get all your picks right, then for a single stake you can pick up a serious return. But if just one loses, you get nothing. However, with parlay insurance you might get your stake back in the form of free bets or site credit.

Mobile Sports Betting Apps in Indiana

Many modern bettors enjoy the ease and convenience of placing sports wagers through a mobile device. The top Indiana sports betting sites cater for this desire with a host of outstanding Indiana betting apps.

You should be able to place bets through an iPhone or an Android, and to enjoy all the features and bonuses that are available at any Indiana sports betting site. The screen area may be much smaller than on a computer; but the best Indiana sportsbooks are adept at organizing their content to maximize the use of that space while delivering a great user experience.

Retail Sports Betting vs Mobile Sports Betting

Of course, many bettors still enjoy the experience of wagering at retail sportsbooks. These tend to be located at casinos or racetracks, so you are likely to be surrounded by like-minded sports betting enthusiasts, which adds to the ambience.

However, the advantage of mobile sports betting is that you don’t have to travel to such a location to use one of the retail sportsbooks in the Hoosier State. Whether you are at home, at work, out with friends, or travelling, as long as you can get a signal on your device you can place your bets quickly and easily.

Indiana Sportsbooks With the Best Odds

More experienced Indiana bettors will head for the Indiana sportsbooks with the most competitive odds. This can vary from sport to sport, and online betting operators are always tinkering with their algorithms to make sure they are at the cutting edge of value. However, the following sportsbooks are known to be among those offering the best odds on a regular basis:

  • DraftKings
  • Unibet
  • BetMGM

Advanced Sports Betting Strategies

You may be a casual bettor who merely wants to place an occasional wager on the weekend’s football or NBA action. However, as you become more comfortable with the ebbs and flows of sports betting, you may wish to deploy some more sophisticated strategies.

You should always keep your wagering under control, and not stake more than you can afford. But if you are keen to take your sports betting up a level, these are some of the systems you can try.

Line Shopping

This describes the activity of comparing various Indiana sportsbooks to find the best odds for the wager you want to place. Let’s say you believe the Indiana Pacers will win their next NBA match and they are +110 on the moneyline at most operators. If you find an Indiana sports betting site offering +120, that's where you want to play.   

Matched Betting

Matched betting is the term given to a strategy whereby bettors use free bets and other incentives to cover every outcome at a sports event, thus guaranteeing a return. It relies on your knowledge of the promos available that deliver free bets to enable you to wager on all the possible results.

Arbitrage Betting

Arbitrage betting, or “arbing”, takes advantage of the fact that different sportsbooks carry varying odds on the same market. If you notice, for instance, that one player in a tennis match is +110 on the moneyline with one operator, and his opponent is +110 with another, you can bet the same stake on both safe in the knowledge that whoever wins, you will make a profit.

Softwares Used at Indiana Sportsbooks

Online sports betting relies on great software to make it possible for people to place wagers on websites and sports betting apps. There are many outstanding providers of software in various forms to Indiana online sportsbooks and other jurisdictions that have made online sports betting legal. Sportsbooks, and their technical partners, invest heavily to create great online sports wagering experiences. Some of the leading software providers with a presence in Indiana are as follows. 

Kambi

This is one of the biggest names in sports betting software. The Kambi platform is at the heart of sportsbooks across the world, and among the operators that rely on it are BetRivers and Barstool.

SB Tech

Another powerhouse with experience of driving sports betting platforms across Europe and, increasingly, the United States. DraftKings was so impressed with its services that it bought the company in 2020.

Gamban

This is a provider of software with a strong focus on data security and responsible gambling. FanDuel announced a partnership with Gamban to ensure its customers had free access to blocking software so that they could self-exclude successfully.

Indiana Sports to Bet On

NFL Betting

Football is the most popular sport across the United States, in terms of the number of people who follow it and the levels of betting on it. The presence in Indianapolis of the Colts of the NFL ensures a high level of interest in wagering on the sport. Football lends itself well to point spreads and props, while the breaks in play give you a chance to place live bets. And even if the Colts don’t make the Super Bowl this time, there will be plenty of wagers placed on the biggest game of the year.

NBA Betting

The Indiana Pacers represent the Hoosier State in the NBA, which ensures a solid level of betting on basketball here. The Pacers are still seeking a first NBA Finals win, but command a loyal crowd and enjoy particularly keen rivalries with the Detroit Pistons and New York Knicks. Basketball, with its high scoring and plentiful breaks in play, lends itself well to totals betting and live wagering. After football, it tends to be the sport that attracts the highest level of investment among bettors.

MLB Betting

It’s surprising that Indiana is not home to a major league baseball team. There are plenty of good minor league sides here but, for top-level action, fans of America’s game have to look elsewhere. The proximity of the Chicago White Sox and Cubs means they get plenty of support – and betting interest – in the north of the state, while many in the south and east pull for the Cincinnati Reds. And there will always be a serious amount of betting on the World Series.

NHL Betting

With no NHL franchise located in the state, Indiana hockey fans tend to pull for nearby teams including the Chicago Blackhawks and the Columbus Blue Jackets. The Indy Fuel, who are affiliated to the Blackhawks, fly the minor league flag within the state. Hockey draws a steady level of wagering interest, and many Indiana betting sites offer the opportunity to bet on top European leagues, as well as the NHL.        

College Sports Betting

Indiana is home to some famous names in the realm of college sports. They include the Indiana Hoosiers, the Purdue Boilermakers and the Notre Dame Fighting Irish. As a result, there is a strong appetite for wagering on college football and other sports in the Hoosier State. However, while betting on college events is allowed here, college player proposition betting is not permitted.         

Indiana Teams to Bet On

Indianapolis Colts

The Colts have been based in Indianapolis since 1984, following a relocation from Baltimore. Led by the great Peyton Manning, they won the 2006 Super Bowl and have been playoff regulars ever since, without ever repeating that feat. Nevertheless, they command significant support across the Hoosier State and the huge popularity of football ensures there will always be high levels of betting on Colts games.          

Notre Dame Fighting Irish

Notre Dame is represented in a host of sports, but it’s best known for the exploits of its football team. The Fighting Irish have been in action since 1887, have been the No.1-ranked team on several occasions, and boast the oldest marching band in the nation. No fewer than 12 Notre Dame football alumni have made it to the NFL Hall of Fame – a record second only to USC. This is a team with serious history, and serious support when they go into action.

Indiana Hoosiers

The Indiana Hoosiers, of Indiana University Bloomington, are one of the most popular sports programs among fans in the state. They have won 24 NCAA national championships and are probably best known for their basketball prowess, with five national titles. However, with 24 varsity teams in action, there is plenty of compelling action for Hoosiers fans to watch and wager on.        

Purdue Boilermakers

Basketball and football are the two biggest sports for the Boilermakers and their fans. The men’s basketball has been ranked No.1 in the nation twice in recent years, including in December 2022, and the team made it to the Sweet Sixteen in March Madness that year. The football team has appeared in 21 Bowl games, and the franchise is known as the Cradle of Quarterbacks, having sent out a steady stream of QBs who shone in the NFL.           

Indiana Pacers

The Pacers have never won the NBA Finals, despite some close calls – especially when they had Hall of Famer Reggie Miller in the line-up. But hope springs eternal, and the Pacers draw serious support from hoops fans across Indiana. Basketball is a sport that generates numerous betting opportunities, meaning there will always be plenty of options for wagering on the Pacers with Indiana betting sites.            

Indiana Sports Team Partners

Top sports teams are more willing these days to enter into commercial agreements with sports betting companies. It represents another lucrative income stream for the sport in question, while the partner receives the benefit of an enhanced profile that enables it to introduce itself to fans of that team. Both the big-four representatives in Indiana have generated deals with sports betting partners:

Indianapolis Colts: PointsBet, Caesars, WynnBET, FanDuel

Indiana Pacers: PointsBet, DraftKings

Choosing The Best Indiana Online Sportsbook?

As you can see, the Indiana sports betting scene is a mature, buoyant market that is home to some of the leading online sportsbooks available in North America today. So how do you choose the best one, or ones, for you? There are several factors that can help you to make that choice.

Great Reviews

Sports betting has been legal in Indiana since 2019, so there has been plenty of time for visitors to Indiana sportsbooks to make their opinions known. Reviews of websites and sports betting apps can be found in a host of places online, left by people in Indiana and elsewhere. We will also carry expert reviews of all legal Indiana sports betting sites.  

Bets Allowed

There are many ways of placing a sports bet – and your chosen online sportsbook should make it easy for you to use any of them. The websites and apps available in the Indiana market deliver a huge range of wagering options when you want to get involved with your favorite sports and leagues, but check to make sure that your preferred method is on the coupon.  

Great Pricing On Betting Lines and Odds

For many long-time bettors, a huge part of the online gambling experience is wrapped up in getting the best odds possible for a particular wager. Indiana sportsbooks that offer the most competitive odds will benefit from the attentions of such customers. The ability to compare odds in different places to find favorable betting lines is one persuasive reason in favor of opening more than one sports betting account.     

Frequent Sports Betting Bonuses

Operators licensed by the Indiana Gaming Commission vie for your custom in many ways – and one of the most visible is by offering welcome bonuses and promos, for which you may need a promo code. You get bonuses so that you enjoy your initial experience of wagering at a sportsbook and, the operator hopes, so that you continue to do so. Every sportsbook we recommend will have a welcome bonus – and the top sites follow it with plenty of regular boosts and offers.      

Excellence In User Interface

You should be able to place your wagers quickly and easily – and woe betide any operator that makes it difficult. The quality of user interface is a key factor in deciding where you place your bets. Whether you play through your desktop, or on one of the many excellent sports betting apps available in Indiana, the user interface has a crucial role in persuading you to sign up.     

Variety Of Customer Support

If you want to ask a question, or report a problem, there should be a choice of ways of contacting a sportsbook’s customer support team. They might include a toll-free phone number, a 24/7 live chat facility, an email address, or even an active social media feed. You could also find a detailed list of FAQs that contains the information you need.

Intro Betting Bonuses

Among all the bonuses and promos you might be offered, the first is likely to be the most enticing. Welcome bonuses should deliver real value, and make your initial wagering experience a lot of fun. Make sure you sign up with a sportsbook with an offer that suits the way you like to play – and be sure to check the terms so you get maximum benefit.

Sportsbook Rules

Get to know the different rules that apply at various sportsbooks – it might be a deciding factor in your choice of a favorite. For instance, the minimum number of legs in a parlay before the insurance kicks in may be three or four; there may be different playthrough requirements on your welcome promo; and there may be a minimum odds limit on a bonus bet. These can vary between operators. 

Feel The Sportsbook

Choosing the right sportsbook for you is like any buying decision – you don’t necessarily want to opt for the first one you come across without shopping around. So, just as you would when you test-drive a car before buying it, it’s worth trying out a few online sportsbooks to see which one feels most comfortable for you. 

Sportsbook Rules

Get to know the different rules that apply at various sportsbooks – it might be a deciding factor in your choice of a favorite. For instance, the minimum number of legs in a parlay before the insurance kicks in may be three or four; there may be different playthrough requirements on your welcome promo; and there may be a minimum odds limit on a bonus bet. These can vary between operators.           

Deposit and Withdraw from Indiana Sports Betting Sites

The range of banking methods at your chosen sportsbook should be extensive. You should be able to deposit using options such as debit and credit cards, online banking, e-wallets and prepaid cards, and more. Your financial transactions should be safe at all sportsbooks licensed by the Indiana Gaming Commission.

PayPalInstant Deposit1-5 Day(s) Withdrawal
VenmoInstant Deposit2-5 Day(s) Withdrawal
Online BankingInstant Deposit3-7 Days Withdrawal
Play+ CardInstant Deposit1-5 Day(s) Withdrawal

All deposit methods should be virtually instant. When it comes to withdrawals, however, there can be large variations. Cash and PayPal are the quickest, while online banking could take several working days, and a check in the mail can be more than a week.

Crypto Betting Sites in Indiana

Despite the growing popularity of Bitcoin and other cryptocurrencies, there are currently no Indiana sports betting operators that accept this as a method of payment. Barstool has opened its virtual doors to crypto deposits in other states, but has not yet extended this facility to Indiana.

Venmo betting sites in Indiana 

Venmo is a social payment app that enables you to exchange funds with businesses and individuals. Indiana sports bettors have this option available at sportsbooks including FanDuel and DraftKings.

Available Sports Betting Wagers At Legal Indiana Online Sportsbooks

  • Moneyline One of the most popular betting options at any Indiana sportsbook. Simply decide who will win a game, and put your money on the. The moneyline also gives its name to American odds; if the Colts are -150, for instance, you need to stake $150 to win $100. But if they are +150, you win $150 for every $100 you gamble.
  • Parlays Another extremely type of sports bet, largely because of the chance of winning a big return from a small outlay. You can cover several selections with a single stake and, as each one wins, your return rolls on to the next. The only catch is that if just one leg fails to oblige, your parlay is worth nothing.
  • Totals Also known as over/unders, these bets relate to the number of times something will happen in a game. The most common total bet is on the combined score of both sides in a game. Your sportsbook puts up a number and you decide if the actual total will be higher or lower than that – and bet over or under accordingly.
  • Points Spread Many people who enjoy betting in Indiana will be fans of the point spread. This is a handicap wager, in which a sportsbook will give the underdog a start to level up the odds. You then decide whether or not the favorite will “cover the spread” by winning by more than that start. This is one of the most popular betting options out there.
  • Futures If you want to look further ahead than today’s or tomorrow’s games, you can wager on long-term outcomes. For instance, if you feel the Colts will win next season’s Super Bowl, you can back that instinct with hard cash when the big game is still several months away.
  • Prop Bets You can pick up gambling winnings without having an opinion on who will win a particular game. Welcome to the world of prop bets, which relate to outcomes within a game – and there are potentially hundreds of them. You can take the odds about an individual player’s performance, or your team’s progress to a certain number of points, or many, many more.
  • Live Bets One of the most popular ways of enjoying sports betting in Indiana is to wager in play, after a game has started. Sportsbooks can now update their odds instantly, which means you can place a bet as play goes on. You can bet on the result of the next drive in an NFL game, for instance. It’s a great way to get even closer to the action.
  • Prohibited Bets There are certain bets you will not be allowed to place at any sportsbook licensed by the Indiana Gaming Commission. College player proposition betting is not permitted, for instance; neither is wagering on high-school sporting events. In addition, despite the increasing interest in esports, you may not bet on them at Indiana betting sites.

Other Indiana Betting Options

Daily Fantasy Sports

Indiana took the decision to legalize Daily Fantasy Sports in March 2016. This clarified the legal gray area in which DFS firms had previously been operating. As a result, leading DFS operators such as FanDuel and DraftKings were able to offer their daily games to sports fans in the Hoosier State.       

Horse Racing

Indiana is home to two live horse racing tracks; Hoosier Park hosts harness racing, while thoroughbred racing takes place at Horseshoe Indianapolis. You can bet at both venues on racing at other tracks, while there are also casino facilities on site. You can also wager online on horse racing at sites such as TVG.

Elections

Under federal law, no licensed sportsbook is allowed to take wagers on any political event. You may see odds quoted, but these are purely indicative. Betting on any local, national and international elections is strictly forbidden.  

Pop Culture Ceremonies

Indiana is one of few states where bettors are allowed to place wagers on the Academy Awards. However, entertainment bets are limited by law in the state. If there is an event you want to put money on, check with your sportsbook to see if you are allowed. 

eSports

Vast audiences tune in to watch esports events, and the lucrative potential of running betting markets on them has not gone unnoticed by sportsbooks. However, esports were specifically excluded by the 2019 sports betting bill. As a result, you cannot bet on esports games in Indiana.

Who Regulates Indiana Sports Betting Sites?

Every Indiana sportsbook currently operating legally in the state has a license from the Indiana Gaming Commission. This is the body with the responsibility to regulate all forms of gambling in the state. Its duties include:

  • Athletic Division: Overseeing the fairness of combat sports and the safety of fighters
  • Charity Gaming
  • Gaming Agents
  • Gaming Control: Investigating illegal gambling
  • Sports Wagering and Paid Fantasy Sports

Indiana Legal Online Sports Betting Tax Rate 

Retail and online sports betting operators in Indiana are charged a tax rate of 9.5 per cent on their revenues. This ranks as a reasonably generous tax rate - certainly compared to the 51 per cent imposed in New York - although companies with a license have to pay an annual fee of $50,000 to renew that license.

How Indiana Sports Betting Compares to the Other Legal States

Indiana has one of the most robust and successful sports betting markets in the United States. At $10billion, its total revenue is the sixth highest among states with legal sports betting, and in that time nearly $83million has been raised in taxes.

The Hoosier State is home to many of the finest online sports wagering sites and apps in the nation, with a host of betting options for its residents to enjoy.

The next step may be for the state to legalize online casino play. Indiana may become the latest jurisdiction to license operators to offer slot games, table games and online poker.

Responsible Indiana Sports Betting

All sportsbooks licensed by the Indiana Gaming Commission have a duty to encourage responsible gambling at all times. Even if you view wagering on sports as a fun leisure activity, you should never stake more than you are comfortable with.

Every website and app should carry a responsible gambling section that offers advice on keeping your betting under control at all times.

There should also be direct links to specialist agencies that can offer expert assistance and practical help. They include the Indiana Problem Gambling Help website and the state’s branch of the Council on Problem Gambling.

Author

The IndianaBets.com Staff is comprised of seasoned sports betting and iGaming experts, writers, analysts, and editors. Our content is based on experience, data, and analytical insights to provide the best reviews of all things iGaming in Indiana.