Betting online sports events with any live bookie or online sportsbooks established in Kentucky is contrary to the nation's laws. This is due to the fact that the state of Kentucky hasn't legalized any form of sports betting. But this doesn't stop offshore online bookies from accepting Kentucky residents, and the nation has no online sports betting laws to prevent its residents from enrolling at offshore online bookies.
This page attempts to explain online sports gambling legality problems. We haven't only tried to deliver an understanding of Kentucky's sports gambling laws, but have also shared expert opinions regarding the legality of betting in offshore online bookies. We also have introduced a list of authorized online sports gambling choices for Kentucky residents.
Is it Legal to Bet on Sports in Kentucky?
It could seem like gambling on the results of sport events with unlicensed live bookies is contrary to the laws of Kentucky, but that isn't precisely the case. The state has strict gaming laws that stop sports gambling in its own jurisdiction, but these laws are limited to those parties who"advance gambling activity." In other words, the legislation -- which may be found in the Kentucky Legislature website here (Chapter 528) -- applies only to prospective bookmakers, not actual sports bettors. The state does not permit any bookmaking business to run land-based or online bookie companies in its jurisdiction. Therefore, residents who place stakes with live bookies in Kentucky are conducting the danger of their bookie being detained, resulting in a total loss of the bets and/or payouts. It is just not a good idea.
But several overseas online sportsbooks take Kentucky residents and it is legal for residents to sign up in one or more of these offshore online sportsbooks. No law in Kentucky especially states that it's against the law for residents to join at abroad online bookies and place bets on their favorite sports occasions. In reality, it is totally legal for Kentucky residents to bet on sports at abroad online bookies, but care has to be taken when it comes to picking the best books available. It's the Internet, after all, and there are a whole lot of scams out there.
Useful Article: Why Is Online Sports Betting Legal In The U.S.
Will Kentucky Residents Get into Trouble for Putting Bets Online?
Kentucky residents won't get into trouble with the law for placing bets on their favorite sports events in offshore online sports betting sites. That is because offshore online bookies accepting Kentucky bettors don't function from Kentucky and therefore do not violate Kentucky legislation in any way. They're all based in foreign countries and run under permits issued by their home governments. Anyway, the country has no law specifically stating it is illegal for people to wager on sports in abroad online sportsbooks, and only those who accept bets within the country are targeted by present KY legislation.
To clarify: the only men and women who will get into trouble are prohibited live bookies who function in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, conducting a bookie company is punishable by law. You won't be breaking your nation's gambling laws so long as you adhere to the offshore internet bookies we have recommended for you, nor will your funds be redeemed as they may be when using a local black market bookmaker.
Where Can Kentucky Residents Bet Sports Online?
Lots of overseas online sportsbooks accept Kentucky residents and we've chosen the best of them for your advantage. The Kentucky friendly online sportsbooks on this list are based in offshore countries and don't violate your state's laws. All these are licensed and regulated online bookie businesses offering the greatest odds on favorite US league and college sports events. You may rest assured that they are all reputable and top quality brands.
Best Online Sportsbooks That Accept Kentucky Residents
Bovada Sportsbook Bovada Sportsbook -- $250 Sports Welcome Bonus For KY Residents!
Bovada Sportsbook is a US friendly online sports gambling brand that also offers other online gaming services such as an internet poker room, casino, and racebook for Thoroughbred action. US bettors prefer signing up for real money at Bovada's sportsbook because the online bookie covers virtually every game that's played under the sun, and this contains popular US league sports and college sports, along with global sporting events.
Since Bovada belongs to a prestigious company called Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission out of Canada, bettors may anticipate a 100% safe and secure gambling atmosphere at Bovada Sportsbook. The online bookie enables US players to finance their own accounts employing secure and convenient payment methods, and the support also takes Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to attractive features such as mobile betting, live betting, live video streaming, and in-play gambling. US bettors may also place bets on their favorite sports events in their own mobile devices, which makes it effortless to bet regardless of where you are in Kentucky. KY residents who sign up at Bovada can now also get a 250 Sports Welcome Bonus to receive their wagering off on the right cleat.
SportsBetting Sportsbook SportsBetting.ag -- Lifetime Bonuses For Kentucky Residents
SportsBetting not only offers the very best possible odds on a vast range of sports, but the site also includes topnotch customer care service. Bettors are unlikely to face problems whatsoever when they register with and use this US friendly online sports betting site, however if they dothey can always get in touch with the internet bookie's customer support representatives via toll-free telephone, email, or live chat.
SportsBetting is unique because it doesn't stop at providing its customers a brand new player cash game bonus such as other sites that are lesser. Rather, bettors at SportsBetting may assert a life bonus of 25% (up to $1000) on each deposit they make for as long as they hold real money accounts with the internet bookie. Since SportsBetting is licensed and regulated abroad, US bettors can rest assured of the best online sports gambling experience.
US bettors may lawfully wager on a huge selection of sports like football, soccer, racing, baseball, basketball, etc at this online bookie. Better still, SportsBetting takes the many diverse kinds of payment of any significant sportsbook, with available options 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 Could Place Their Own Lines!
The highlights of 5Dimes Sportsbook, a legal online gambling betting option for US bettors, are a 24/7 customer support program, appealing promotions, exciting bonuses, and a vast choice of sports gambling markets. 5Dimes Sportsbook is one of the few online bookies that provides gambling odds even on rare sporting occasions. On top of that, though, is that 5Dimes highlights the practice of"buying things," which enables bettors the opportunity to set their own terms on several different bets, such as spreads, totals, and more.
Bettors may open two types of accounts at 5Dimes Sportsbook--a telephone account or an online account. They can use the very same details to get access to additional 5Dimes services such as its 24/7 real-money casino and international pari-mutuel racebook, too.
5Dimes Sportsbook is the source of attractive betting odds on sports like boxing, racing, golf, soccer, baseball, football, and many others. US bettors prefer signing up at 5Dimes Sportsbook not simply as it's safe, safe, and legal, but also because of its unique props and entertainment odds. 5Dimes Sportsbook provides an attractive collection of bets for example parlays, under/over stakes, if bets, critters, lines, spreads, and others, as well as new members that sign up now could find a 50% welcome bonus worth up to $520 in precious free plays!
BetDSI SportsbookBetDSI.eu -- Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is among the most comprehensive online sports betting websites that Kentucky residents will locate. It has all of the sports, wagering types, and gambling odds that you search for when joining an online sportsbook. Additionally, there are tons of exciting extra features, such as the mobile betting platform where you can bet on sporting events while you're waiting in line at the supermarket or are out and around in the bar.
Their mobile sportsbook delivers all the BetDSI sports gambling actions into one convenient platform. You can get live betting odds, create deposits, ask payouts, maintain bonuses, and more, from your iPhone or Android device. Bet on football, hockey, basketball, baseball, tennis, or any other sport which you prefer. With cellular gambling, you have 24/7 access to a sports betting account.
BetDSI provides two different mobile sports betting choices. You can go to the website from your iPhone, BlackBerry, or Android apparatus and there is not any external app required. Just type in BetDSI.eu into your mobile browser and you will be directed to the mobile website. There's also a downloadable app that players can utilize based on the type of device you have, such as a Microsoft Surface. If you're ready to get started 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 signing up.
Finest Online Sportsbooks That Accept Kentucky Residents
Kentucky Sports Betting Sites New U.S. Player Bonus Go To U.S. Betting Site Bovada Sportsbook Review 50% Up To $250
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Kentucky Sports Betting Laws
Kentucky has a couple of sports gambling laws, but not one of these say a phrase about online sports gambling. The existing legislation are written to remove unlicensed live bookies from the country and rescue residents from being cheated by them. These laws aren't written with all the individual bettor in mind.
While it's definitely against the law for any bookmaking company to run live or online sports betting businesses within the state, the nation has nothing in its own law books to prevent occupants from signing up and placing bets on sports events at abroad online bookies accredited in foreign gambling authorities.
The sport betting legislation in Kentucky make it crystal clear that there are not any penalties imposed on taxpayers that are considering legal online sports betting. As long as you employ a valid online sportsbook you don't have to fret about non-existent KY sports gambling laws. To review Kentucky gambling legislation in complete, you can have a look at the nation's official laws here.
Useful Post: Sports Betting Laws from the U.S.A.
Why are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky is not able to license and control any bookmaking company only because it's not legalized sports gambling. In order to issue permits to and regulate online sports betting businesses, it has to first legalize sports gambling and make a set of regulations for the sports gambling industry. This is something which isn't likely to happen in the immediate future, though that the Professional and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Court, the state can go forward with legalizing the pastime if it wishes.
The offshore online bookies that take Kentucky residents aren't regulated by the state. However, this does not mean that these online bookies are prohibited. They're all licensed in offshore gaming jurisdictions and governed by their strict gambling laws. They'll lose their licenses if they do not meet their customers and deliver a safe and secure sports gambling product. You need not be worried about losing your money at the Kentucky friendly online sportsbooks we have listed here.
There Is Definitely No Shortage Of Kentucky Sports Team To Wager On...
If Kentucky legalizes sports gambling, it might generate revenue through college basketball betting alone. The top college basketball team in Kentucky is the Wildcats at the University of Kentucky. The country does not have any professional sports teams, but plenty of minor hockey and baseball teams. The majority of the online bookies we urge offer chances on Kentucky school basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There is definitely no shortage of Kentucky sports teams to wager on. If Kentucky legalizes sports betting, it might generate huge earnings through taxing the gambling on college basketball alone. The top college basketball team in Kentucky is the Wildcats of the University of Kentucky, and yearly excitement for this club reaches a fever pitch in KY, unlike anyplace else in the country. The country has no professional sports teams, but it hosts plenty of minor hockey and baseball teams, and KY residents have several teams to root for in neighboring countries.
KY residents wager an estimated $5 billion online sports betting each year. That translates into roughly $250 million of taxable sports gambling revenue that could return into the state in case it opens sportsbooks inside its boundaries, and of course all of the economic goodness that comes from maintaining all that massive handle within the state instead of sending it overseas. Hopefully, KY receives the memo sooner rather than later and gives its residents the sport gambling products they desire.
The latest laws for legalized sports gambling in KY comes via BR 29, which you can read here. This law requires for a mere 3 percent tax on the entire sportsbook handle, however, making it unlikely that the legislation will likely be passed in its current form, as that 3% represents about 55-65% of a sportsbook's average projected earnings. Greedy Kentucky! Bad!
Kentucky Online Sportsbooks FAQ's
What Exactly Does The + And - Mean When Sports Betting?
When looking in American chances, the sign designates the underdog and ensures your potential earnings will be higher than the amount you'll have to risk. The - sign designates the preferred and means that you will have to risk more than you will potentially win. This is called the moneyline, and it functions like this:
Houston Rockets (+190) vs. San Antonio Spurs (-220)
A wager on the favorite San Antonio Spurs would cost you $220 to win $100. Should you bet on the underdog Houston Rockets, you just have to bet $100 to potentially win $190. In non-straight stakes, like spread stakes, the moneyline works the same way, but the two teams typically carry the same moneyline (generally -110 or so). This shows the built-in vigorish, or home take, for the bookmaker (in this case, about 10 percent of the wagers).
What Does PASPA Stand For?
PASPA was the Professional and Amateur Sports Protection Act of 1992, a federal law that banned states from legalizing land-based sports betting. The sole exceptions were NV, DE, OR, and MT because of their previous legal sports betting options, though just NV was allowed to provide comprehensive sportsbooks. (The other countries' sports gambling options were random lotteries based on sporting events.) PASPA is why there aren't any 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?
No, there are generally several distinct bonuses and promotions happening at online sportsbooks. While there is always some kind of welcome supply, many sports gambling websites have reload bonuses, free bets, and free-plays that can be redeemed by all members. Check the promotions page frequently for the latest bonuses.
Can I Bet At The Horse Racing Tracks In Kentucky?
There aren't any options to wager on sports at the Kentucky horse monitors... yet. The state is working towards legalizing the business and some ideas have sports betting being offered at the tracks. Others might just let for the lottery to accept wagers but one thing is for sure -- Kentucky players can bet on horses and sports by using an offshore sportsbook.
What's the Kentucky Sports Betting Age?
You can wager on sporting events in Kentucky the moment you turn 2 Some websites may accept players as young 18 but we recommend sticking with the nation's laws. You will need to verify your age when making a withdrawal and being underage can result in account termination and the confiscation of winnings. Be on the safe side and just bet when you're inside regulations.
Where Will Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is one of those countries that seem to be putting the money to good use. Although it's only proposed and not approved (however ), the nation would ship the vast majority of the money into the state retirement fund that gives benefits to workers and retirement funds. Moreover, the state would allocate some of the funds to take care of problem gambling.
What Kentucky Teams Can I Bet On?
Well to start, look into the University of Kentucky's basketball program. Their high profile group has always proven to win lots of games and would be a great intro into betting. If you don't like the Wildcats or want to wager elsewhere, think about the University of Louisville or even Western Kentucky University. Both these teams have strong athletic programs and have even made a Final Four in the NCAA Tournament.
Do Any Neighboring States Offer Sports Betting?
While states are continuously in a battle to approve a step in support of sport gambling, 1 nation was quick to the punch. West Virginia legalized the business in 2018 and takes wagers on Kentucky based universities in addition to professional teams. Mardi Gras Casino is only over the Kentucky border, being a guide shot east on I-64 from both Lexington and Louisville.