Betting on sports events together with any dwell 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. However, this does not stop offshore online bookies from accepting Kentucky residents, and the nation does not have any online sports betting laws to prevent its occupants from signing up at offshore online bookies.
This page tries to clarify online sports gambling legality problems. We haven’t only tried to deliver an understanding of Kentucky’s sports gambling legislation, but have also shared expert opinions regarding the legality of betting at offshore online bookies. We have also introduced a list of legal online sports betting choices for Kentucky residents.
Is it Legal to Bet on Sports in Kentucky?
It could look like betting on the results of sports events with unlicensed live bookies is against the laws of Kentucky, but this is not exactly the situation. The country has strict gaming laws that stop sports betting in its own jurisdiction, but these laws are limited to those parties who”advance gambling action.” In other words, the law — that may be found in the Kentucky Legislature website here (Chapter 528) — applies only to prospective bookmakers, not real sports bettors. The state doesn’t permit any bookmaking business to run land-based or internet bookie companies in its own jurisdiction. Hence, citizens who place stakes with reside bookies in Kentucky are conducting the danger of their bookie being detained, resulting in a total loss of their bets and/or payouts. It is just not a good idea.
But many overseas online sportsbooks take Kentucky residents and it is valid for residents to join at one or more one 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 events. In fact, it is totally valid for Kentucky residents to wager on sports in offshore online bookies, but care has to be taken when it comes to picking the best books out there. It is the Internet, after all, and there are a whole lot of scams on the market.
Useful Article: Is Online Sports Betting Legal In The U.S.
Can Kentucky Residents Get into Trouble for Placing Bets Online?
Kentucky residents will not 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 don’t operate from Kentucky and thus do not violate Kentucky laws in any way. They’re all based in overseas nations and run under licenses issued by their own home governments. Anyway, the state has no law specifically stating it is illegal for people to bet on sports in offshore online sportsbooks, and only those who accept bets inside the state are targeted by present KY legislation.
To explain: the only men and women who’ll get into trouble are illegal live bookies who operate in Kentucky. Since bookmaking is definitely illegal in Kentucky, running a bookie business is punishable by law. You will not be breaking your state’s gaming laws so long as you adhere to the offshore online bookies we have advocated for you, nor will your funds be confiscated as they may be when using a local black market bookmaker.
Where Can Kentucky Residents Bet Sports Online?
Plenty of offshore online sportsbooks take Kentucky residents and we have chosen the best of these for your advantage. The Kentucky friendly online sportsbooks on this list are located in offshore countries and do not violate your state’s laws. These are licensed and controlled online bookie businesses that offer the best odds on favorite US league and college sports events. You can rest assured they are all reputable and top-rated 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 offers other online gaming 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 since the internet bookie covers virtually every game that’s played under sunlight, and this contains popular US league sports and college sports, together with international sporting events.
Since Bovada belongs to a prestigious company called Salmon River Technologies and runs under a permit granted by the Kahnawake Gaming Commission from Canada, bettors can anticipate a 100% safe and secure gambling atmosphere at Bovada Sportsbook. The online bookie enables US bettors to finance their accounts employing secure and convenient payment methods, and the service also takes Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to attractive features like 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 easy to wager regardless of where you are in Kentucky. KY residents who register at Bovada now can also get a 250 Sports Welcome Bonus to receive their wagering off on the ideal cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only offers the very best possible chances on a wide range of sports, but the website also has topnotch customer support service. Bettors will probably not face problems at all when they sign up with and use this US friendly online sports betting site, however if they dothey can always get in touch with the online bookie’s customer care representatives via toll-free telephone, email, or live chat.
SportsBetting is exceptional because it doesn’t stop at offering its clients a new player cash match bonus such as other lesser sites. Rather, bettors at SportsBetting can claim a lifetime bonus of 25 percent (up to $1000) on each deposit they earn for as long as they maintain real cash accounts with the internet bookie. Since SportsBetting is regulated and licensed overseas, US bettors can rest assured of the best online sports gambling experience.
US bettors may legally wager on a massive selection of sports such as football, soccer, racing, baseball, basketball, etc at this internet bookie. Better still, SportsBetting takes the most varied kinds of payment of any significant sportsbook, together with available choices such as 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 much more.
5Dimes Sportsbook 5Dimes Sportsbook — Kentucky Bettors Can Place Their Own Lines!
The highlights of 5Dimes Sportsbook, a legal online sports betting choice for US bettors, are a 24/7 customer support program, appealing promotions, exciting bonuses, and a wide choice of sports gambling markets. 5Dimes Sportsbook is one of the very few online bookies that offers gambling odds even on rare sporting occasions. Best of all, though, is that 5Dimes emphasizes the practice of”buying things,” which enables bettors the opportunity to set their own terms on several different bets, including spreads, totals, and more.
Bettors can open two kinds of accounts at 5Dimes Sportsbook–a telephone account or an internet account. They can use the same details to gain access to additional 5Dimes services for example its 24/7 real-money casino and international pari-mutuel racebook, also.
5Dimes Sportsbook is the source of attractive gambling odds online sports like boxing, racing, golf, soccer, baseball, soccer, and many others. US bettors favor signing up at 5Dimes Sportsbook not only because it is safe, secure, and lawful, but also due to its unique props and amusement chances. 5Dimes Sportsbook provides an attractive group of stakes for example parlays, under/over stakes, if stakes, critters, lines, spreads, along with others, as well as new members that 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 among the most extensive online sports betting sites that Kentucky residents will locate. It’s all the sports, wagering forms, and gambling odds that you look for when joining an internet sportsbook. Additionally, there are plenty of exciting extra features, like the mobile betting platform where you can bet on sporting events while you’re waiting in line in the supermarket or are out and around at the bar.
Their cellular sportsbook delivers all the BetDSI sports gambling action into one convenient platform. You can get live gambling odds, make deposits, request payouts, maintain bonuses, and more, all from the iPhone or Android device. Bet on football, hockey, basketball, baseball, golf, or another game 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 visit the website from your iPhone, BlackBerry, or Android apparatus and there is not any external program required. Only type in BetDSI.eu into your mobile browser and you will be told to the mobile site. There’s also a downloadable app that players can use based on the sort of device you have, like a Microsoft Surface. If you’re ready to start gambling on sports in the palm of the hands, join BetDSI today, where KY residents can get a substantial 100% Welcome Bonus worth $500 just for signing up.
Best 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
BetOnline Sportsbook Review 50% Up To $1,000 NEW!
Sportsbetting Sportsbook Review 50% Up To $1,000 NEW!
MyBookie Sportsbook Review 50% New Member Bonus!
BetDSI Sportsbook Review 100% Up To $500 NEW!
Dimes Sportsbook Review 50% Up To $520
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Kentucky Sports Betting Laws
Kentucky has a couple of sports betting laws, but none of them say a word regarding online sports betting. The current legislation have been written to remove unlicensed live bookies from the country and save residents from being cheated by these. These laws aren’t written with the individual bettor in your mind.
Although it’s certainly against the law for any bookmaking business to run online or live sports gambling businesses within the country, the state has nothing in its law books to stop residents from registering and putting bets on sports events in offshore online bookies accredited in overseas gambling authorities.
The sports betting laws in Kentucky make it crystal clear that there are no penalties imposed on residents that are considering legal online sports betting. So long as you use a legitimate online sportsbook that you do not need to worry about non invasive KY sports betting laws. To examine Kentucky gambling legislation in complete, you can have a look at the nation’s official laws .
Useful Post: Sports Betting Laws in the U.S.A.
Are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky isn’t able to permit and control any bookmaking business simply because it has not legalized sports betting. In order to issue licenses to and regulate online sports betting businesses, it must first legalize sports betting and create a set of regulations for the sports gambling industry. This is something which isn’t likely to occur in the future, though now that the skilled and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Court, the state can proceed with legalizing the pastime whenever it wishes.
The offshore online bookies that take Kentucky residents aren’t governed by the state. However, this doesn’t mean that these online bookies are prohibited. They’re all licensed in offshore gaming jurisdictions and regulated by their strict gambling laws. They will lose their licenses if they do not satisfy their clients and deliver a safe and secure sports gambling product. You don’t need to worry about losing your cash in the Kentucky friendly online sportsbooks we have listed here.
There Is Definitely No Lack Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports gambling, it might generate revenue through school basketball betting alone. The best college basketball team in Kentucky is the Wildcats at the University of Kentucky. The state does not have any professional sports teams, but tons of baseball 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 teams to wager on. If Kentucky legalizes sports gambling, it might generate huge earnings through taxing the betting on college basketball alone. The top college basketball club 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 state does not have any professional sports teams, but it hosts lots of baseball and baseball teams, and KY residents have several teams to root for in neighboring countries.
KY residents wager an estimated $5 billion online sports gambling each year. That translates into about $250 million of taxable sports gambling revenue that could return in the state in case it opens sportsbooks inside its borders, and of course all the economic good that comes from maintaining all that massive handle within the state rather than sending it overseas. Hopefully, KY gets the memo sooner rather than later and provides its residents the sports gambling products they desire.
The most recent laws for legalized sports gambling at KY comes via BR 29, which you can read here. This legislation requires for a mere 3% tax on the total sportsbook manage, however, making it improbable that the legislation 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 Exactly Does The + And Mean When Sports Betting?
When looking at American odds, the sign designates the underdog and means that your potential earnings are higher than the amount you will need to risk. The sign designates the favorite and means you will need to risk more than you may 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. If you bet on the underdog Houston Rockets, you just need to wager $100 to win $190. In non-straight stakes, like spread bets, the moneyline works the same way, but the two teams typically carry the exact same moneyline (generally -110 or so). This reveals the built in vigorish, or house take, for the bookmaker (in this instance, about 10% of those wagers).
What Exactly Does PASPA Stand For?
PASPA was the skilled and Amateur Sports Protection Act of 1992, a federal law that banned states from respecting land-based sports gambling. The only exceptions were NV, DE, OR, and MT due to their prior legal sports betting options, though only NV was permitted to offer comprehensive sportsbooks. (The other countries’ sports betting choices were arbitrary lotteries based on athletic events.) PASPA is why there aren’t any land-based sportsbooks in KY, but with PASPA now gone, that could change later on.
Are Bonuses Only For New Members At Online Sportsbooks?
No, there are generally several distinct bonuses and promotions occurring at internet sportsbooks. While there is always some kind of welcome supply, many sports gambling sites 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 are not any options to wager on sports at the Kentucky horse tracks… yet. The state is working towards legalizing the business and a few ideas have sports betting being offered in the tracks. Others would only let for the lottery to take wagers but one thing is for sure — Kentucky players may bet on horses and sports by using an offshore sportsbook.
What Is The Kentucky Sports Betting Age?
You can bet on sporting events in Kentucky the second you turn 2 Some sites may accept gamers as young 18 but we advise sticking with the state’s laws. You’ll have to confirm 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 just bet when you are inside the laws.
Where Can Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is among the states that appear to be placing the cash to good use. Although it is only suggested and not approved (yet), the state would send the vast majority of the money to the state pension fund that gives benefits to employees and retirement capital. Additionally, the state would devote some of the capital 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 team has always shown to win lots of games and are a great intro into gambling. If you do not enjoy the Wildcats or Need to bet 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 constantly in a battle to approve a step in support of sports gambling, 1 nation was quick to the punch. West Virginia legalized the business in 2018 and takes wagers on Kentucky established universities as well as specialist teams. Mardi Gras Casino is just over the Kentucky border, being a guide shot east on I-64 from the Lexington and Louisville.