Betting online sports events together 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 has not legalized any form of sports betting. But this doesn’t prevent offshore online bookies from accepting Kentucky residents, and the nation does not have any online sports gambling laws to prevent its occupants from enrolling at offshore online bookies.
This page tries to clarify online sports gambling legality issues. We have not only attempted to provide an understanding of Kentucky’s sports betting laws, but have also shared expert opinions regarding the legality of gambling in offshore online bookies. We also have presented a list of legal online sports betting choices for Kentucky residents.
Is it Licensed to Bet on Sports in Kentucky?
It could seem like gambling on the results of sports events with unlicensed live bookies is against the laws of Kentucky, but this is not exactly the case. The state has strict gaming laws that stop sports betting in its jurisdiction, but these laws are confined to those parties that”advance gambling action.” In other words, the law — that can be found at the Kentucky Legislature site here (Chapter 528) — applies only to prospective bookmakers, not real sports bettors. The state does not permit any bookmaking company to run land-based or online bookie companies in its jurisdiction. Hence, citizens who place bets with live bookies in Kentucky are running the risk of their bookie being arrested, resulting in a complete loss of their stakes and/or payouts. It is simply not a fantastic idea.
But many overseas online sportsbooks accept Kentucky residents and it is legal for residents to join in any one of these offshore online sportsbooks. No law in Kentucky specifically states that it is against the law for residents to sign up at abroad online bookies and place bets on their favorite sports occasions. In fact, it’s completely legal for Kentucky residents to wager on sports at abroad online bookies, but care must be taken in regards to picking the best books available. It is the world wide web, after all, and there are a lot of scams out there.
Useful Article: 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 gambling sites. This is because offshore online bookies accepting Kentucky bettors do not function from Kentucky and therefore do not violate Kentucky laws at all. They’re all based in foreign countries and run under permits issued by their own home governments. Anyway, the country has no law specifically stating it is illegal for residents to bet on sports at abroad online sportsbooks, and just those who take stakes within the country are targeted by existing KY legislation.
To explain: the only people who’ll get into trouble are illegal live bookies who operate in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, running a bookie company is punishable by law. You will not be breaking your state’s gaming laws as long as you stick to the offshore internet bookies we’ve advocated for you, nor will your funds be confiscated as they may be when using a regional 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 benefit. The Kentucky friendly online sportsbooks on this listing are based in foreign countries and do not 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 can rest assured that they are all trusted and top quality brands.
Best Online Sportsbooks Which Accept Kentucky Residents
Bovada Sportsbook Bovada Sportsbook — $250 Sports Welcome Bonus For KY Residents!
Bovada Sportsbook is a US friendly online sports betting brand which also provides other online gambling services such as an internet poker room, casino, and racebook for Thoroughbred activity. US bettors prefer signing up for real cash at Bovada’s sportsbook because the internet bookie covers virtually every match that’s played under the sun, and this contains popular US league sports and college sports, along with international sporting events.
Since Bovada is a member of a prestigious firm named Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission out of Canada, bettors can look forward to a 100% secure and safe gaming atmosphere at Bovada Sportsbook. The online bookie allows US players to finance their own account using secure and convenient payment methods, and the support also accepts 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 betting. US bettors may also place bets on their favorite sports events on their mobile devices, making it effortless to wager regardless of where you’re in Kentucky. KY residents who register at Bovada can now even get a $250 Sports Welcome Bonus to receive their wagering off to the right cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only gives the very best possible odds on a wide array of sports, but the website also includes topnotch customer support service. Bettors will probably not face problems whatsoever when they register together and use this US friendly online sports betting site, however if they dothey can always get in touch with the online bookie’s customer support representatives via toll-free telephone, email, or live chat.
SportsBetting is unique since it does not stop at offering its customers a new player cash match bonus such as other sites that are lesser. Instead, bettors at SportsBetting can claim a life bonus of 25% (up to $1000) on every deposit they make for as long as they maintain real cash accounts with the online bookie. Since SportsBetting is licensed and regulated overseas, US bettors can rest assured of the finest online sports gambling experience.
US bettors can legally wager on a massive selection of sports like soccer, soccer, racing, baseball, basketball, etc at this internet bookie. Even better, SportsBetting chooses the many varied forms 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 Can 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 betting markets. 5Dimes Sportsbook is one of the few online bookies that provides betting odds even on rare sporting events. On top of that, however, is that 5Dimes emphasizes the practice of”buying points,” which allows bettors the opportunity to place their own phrases on various bets, including spreads, totals, and much more.
Bettors can open two types of accounts at 5Dimes Sportsbook–a phone account or an online account. They could use the very same details to gain access to additional 5Dimes services such as its 24/7 real-money casino and global pari-mutuel racebook, too.
5Dimes Sportsbook is your source of attractive gambling odds online sports such as boxing, racing, golf, football, baseball, football, and others. US bettors favor signing up in 5Dimes Sportsbook not only as it’s safe, safe, and legal, but also because of its unique props and entertainment odds. 5Dimes Sportsbook offers an attractive group of stakes for example parlays, under/over stakes, if stakes, monsters, lines, spreads, along with others, as well as new members that sign up now could find a 50% welcome bonus worth around $520 in precious free plays!
BetDSI SportsbookBetDSI.eu — Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is among the most extensive online sports gambling websites that Kentucky residents can find. It’s all the sports, wagering types, and gambling odds that you look for when joining an internet sportsbook. Additionally, there are plenty of exciting extra features, like the mobile gaming system where you could bet on sporting events as you’re waiting in line at the supermarket or are out and around at the pub.
Their mobile sportsbook delivers all the BetDSI sports gambling actions into one convenient platform. You are able to access live gambling odds, create deposits, request payouts, claim bonuses, and more, all from the iPhone or even Android device. Bet on football, hockey, basketball, baseball, golf, or any other sport which you prefer. With mobile gambling, you’ve got 24/7 access to a sports betting account.
BetDSI offers two different mobile sports betting choices. You can visit the website from the iPhone, BlackBerry, or Android device and there’s no external program required. Only type in BetDSI.eu in your mobile browser and you’ll be directed to the mobile site. There’s also a downloadable app that bettors can utilize depending on the sort of device you own, such as a Microsoft Surface. If you’re ready to start gambling on sports in the palm of the hand, combine BetDSI today, where KY residents can find a huge 100% Welcome Bonus worth $500 just for registering.
Best Online Sportsbooks That Accept Kentucky Residents
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Kentucky Sports Betting Laws
Kentucky has a few sports gambling laws, but none of these say a word about online sports gambling. The existing laws are written to eliminate unlicensed live bookies in the state and save residents from being cheated by these. These laws are not written with all the individual bettor in mind.
While it’s definitely against the law for any bookmaking business to run live or online sports betting businesses within the state, the nation has nothing in its law books to stop occupants from signing up and placing bets on sports events in offshore online bookies licensed in foreign gambling jurisdictions.
The sport betting legislation in Kentucky make it clear that there are no penalties imposed on taxpayers that are interested in legal online sports betting. As long as you employ a legitimate online sportsbook you do not have to fret about non invasive KY sports betting laws. To examine Kentucky gambling legislation in complete, you can have a look at the nation’s official legislation here.
Useful Post: Sports Betting Laws in 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’s not legalized sports betting. In order to issue licenses to and regulate online sports gambling companies, it has to first legalize sports betting and make a set of regulations for its sports gambling industry. This is something that is not likely to occur in the immediate future, though now that the Professional and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Courtthat the nation can proceed with legalizing the pastime if it wishes.
The offshore online bookies that take Kentucky residents are not governed by the state. However, this does not indicate that these online bookies are prohibited. They’re all licensed in offshore gaming jurisdictions and governed by their strict gaming laws. They’ll lose their licenses if they don’t satisfy their clients and deliver a safe and secure sports gambling product. You need not worry about losing your cash in the Kentucky friendly online sportsbooks we have listed here.
There’s Certainly No Shortage Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports betting, it could generate revenue through school basketball betting alone. The top college basketball team in Kentucky is the Wildcats at the University of Kentucky. The country has no professional sports teams, but tons of minor hockey and baseball teams. Most of the online bookies we urge offer odds on Kentucky college basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There’s definitely no lack of Kentucky sports clubs to bet on. If Kentucky legalizes sports gambling, it could generate massive revenue through taxing the gambling on college basketball alone. The very best 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, however it hosts lots of minor hockey and baseball teams, and KY residents have a number of teams to root for in surrounding states.
KY residents wager an estimated $5 billion online sports betting each year. That translates into about $250 million of non profit sports betting revenue that could come back in the state in case it opens sportsbooks inside its boundaries, not to mention all the economic good that comes from keeping all that massive handle inside the country rather than sending it overseas. Hopefully, KY receives the memo sooner instead of later and gives its residents the sports betting products they want.
The most recent legislation for legalized sports betting at KY comes via BR 29, which you can read here. This legislation requires for a mere 3 percent tax on the total sportsbook handle, however, making it unlikely that the law is going to likely be passed in its present 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 odds, the sign designates the underdog and means that your potential earnings are higher than the quantity you will need to risk. The – sign designates your preferred and means you will need to risk more than you may potentially win. This is called the moneyline, and it works 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. Should you bet on the underdog Houston Rockets, you only have to wager $100 to potentially win $190. In non-straight stakes, like spread stakes, the moneyline works exactly the exact same way, but both teams typically carry the exact same moneyline (generally -110 or so). This shows the built in vigorish, or house take, for the bookmaker (in this case, about 10 percent of those 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 gambling. The sole exceptions were NV, DE, OR, and MT because of their prior legal sports betting options, though just NV was permitted to provide comprehensive sportsbooks. (The other states’ sports betting choices were arbitrary lotteries based on athletic events.) PASPA is why there are no land-based sportsbooks in KY, but with PASPA currently gone, that could change in the future.
Are Bonuses Just for New Members At Online Sportsbooks?
There are normally several different bonuses and promotions happening at internet sportsbooks. Even though there’s always some kind of welcome offer, many sports gambling websites have reload bonuses, free bets, and free-plays that can be redeemed by all members. Check the promotions page regularly for the latest bonuses.
Can I Bet At The Horse Racing Tracks In Kentucky?
There are not any options to bet on sports at the Kentucky horse monitors… yet. The country is working towards legalizing the industry and a few thoughts have sports betting being offered at the tracks. Others would just allow for the lottery to take wagers but one thing is for certain — Kentucky players may bet on sports and horses by using an offshore sportsbook.
What’s the Kentucky Sports Betting Age?
You can bet on sporting events in Kentucky the second you turn two Some sites may accept players as youthful 18 but we advise sticking with the nation’s laws. You’ll need to confirm your age when creating a withdrawal and being underage can result in account termination as well as 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 the states that seem to be placing the money to good use. While it is only suggested and not approved (yet), the nation would send the majority of the cash to the state pension fund which gives benefits to workers and retirement capital. Additionally, the state would devote a portion of the capital to treat problem gambling.
What Kentucky Teams Can I Bet On?
Well to begin, look into the University of Kentucky’s basketball program. Their high-profile group has always proven to win plenty of games and would be a great intro into betting. If you don’t like the Wildcats or Need to wager elsewhere, think about the University of Louisville or even Western Kentucky University. Both these teams have strong athletic programs and have made a Final Four in the NCAA Tournament.
Do Any Neighboring States Offer Sports Betting?
While nations are constantly in a struggle to approve a measure in support of sport betting, one state was quick to the punch. West Virginia legalized the business in 2018 and takes wagers on Kentucky established universities in addition to professional teams. Mardi Gras Casino is only over the Kentucky border, being a direct shot east on I-64 from both Lexington and Louisville.
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