Betting online sports events with any dwell bookie or internet sportsbooks based in Kentucky is against the nation’s laws. This is because the state of Kentucky has not legalized any form of sports gambling. However, this does not stop offshore online bookies from accepting Kentucky residents, and the state does not have any online sports betting laws to prevent its residents from enrolling at overseas online bookies.
This page tries to clarify online sports gambling legality issues. We have not only tried to provide an understanding of Kentucky’s sports gambling laws, but have also shared expert opinions concerning the legality of betting in offshore online bookies. We also have introduced a list of legal online sports gambling options for Kentucky residents.
Is it Legal to Bet on Sports in Kentucky?
It may seem like gambling on the results of sports events with unlicensed live bookies is against the laws of Kentucky, but that is not exactly the situation. The country has strict gambling laws that prevent sports betting in its jurisdiction, but these laws are limited to those parties that”advance gambling action.” In other words, the law — that can be found at the Kentucky Legislature website here (Chapter 528) — applies only to prospective bookmakers, not real sports bettors. The state doesn’t license any bookmaking company to run land-based or internet bookie companies in its own jurisdiction. Therefore, residents who put bets with reside bookies in Kentucky are running the danger of their bookie being detained, resulting in a total loss of the bets and/or payouts. It is simply not a fantastic idea.
But many offshore online sportsbooks take Kentucky residents and it is valid for residents to sign up at one or more of these offshore online sportsbooks. No regulation in Kentucky specifically states that it’s against the law for taxpayers to sign up at offshore online bookies and put bets on their favorite sports events. In fact, it is completely legal for Kentucky residents to wager on sports in offshore online bookies, but caution has to be taken when it comes to choosing the best books available. It is the Internet, after all, and there are a lot of scams out there.
Useful Post: Is Online Sports Betting Legal In The U.S.
Will 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 gambling sites. This is because offshore online bookies accepting Kentucky bettors don’t function from Kentucky and therefore do not violate Kentucky laws in any way. They are all based in foreign countries and run under permits issued by their own home governments. Besides, the state has no law specifically stating it is illegal for people to wager on sports in abroad online sportsbooks, and just those who take stakes inside the country are targeted by existing KY legislation.
To clarify: the only men and women who’ll get into trouble are illegal live bookies who function in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, running a bookie business is punishable by law. You will not be breaking your nation’s gaming laws so long as you stick to the offshore online bookies we’ve advocated for you, nor will your funds be redeemed as they may be if using a regional black market bookmaker.
Where Would Kentucky Residents Bet Sports Online?
Plenty of offshore online sportsbooks accept Kentucky residents and we have selected the best of them for your advantage. The Kentucky friendly online sportsbooks on this listing are based in foreign countries and do not violate your state’s laws. These are licensed and regulated online bookie businesses offering the best odds on favorite US league and college sports events. You may be certain that they are all trusted 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 sports betting brand that also provides other online gambling services such as an online poker room, casino, and racebook for Thoroughbred action. US bettors prefer signing up for real cash at Bovada’s sportsbook because the internet bookie covers virtually every game that is played under sunlight, and this includes popular US league sports and college sports, along with international sporting events.
Since Bovada belongs to a prestigious company named Salmon River Technologies and runs under a permit granted by the Kahnawake Gaming Commission out of Canada, bettors may anticipate a 100% safe and secure gaming setting at Bovada Sportsbook. The online bookie allows US bettors to fund their own account employing secure and convenient payment procedures, and the support also accepts 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, which makes 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 get their wagering off on the right cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only gives the best possible odds on a vast range of sports, but the website also includes topnotch customer care service. Bettors will probably not face problems at all when they sign up together and use this US friendly online sports betting site, however if they do, they can always get in contact with the internet bookie’s customer support agents via toll-free telephone, email, or live chat.
SportsBetting is unique because it doesn’t stop at offering its customers a new player cash match bonus such as other sites that are lesser. Instead, bettors at SportsBetting can assert a lifetime bonus of 25% (around $1000) on every deposit they earn for as long as they hold real money accounts with the internet bookie. Since SportsBetting is regulated and licensed abroad, US bettors can rest assured of the best internet sports betting experience.
US bettors may legally wager on a huge choice of sports like football, soccer, racing, baseball, basketball, and so on at this internet bookie. Better still, SportsBetting takes the most diverse forms of payment of any major sportsbook, together with available choices 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 much more.
5Dimes Sportsbook 5Dimes Sportsbook — Kentucky Bettors Could Set Their Own Lines!
The highlights of 5Dimes Sportsbook, a legal online sports betting option for US bettors, are a 24/7 customer support system, attractive promotions, exciting bonuses, and a vast choice of sports gambling markets. 5Dimes Sportsbook is one of the few online bookies that provides betting odds even on rare sporting occasions. On top of that, however, is that 5Dimes highlights the practice of”buying things,” which allows bettors the opportunity to set their own phrases on several different stakes, such as spreads, totals, and much more.
Bettors may open two kinds of accounts at 5Dimes Sportsbook–a telephone account or an internet account. They could use the very same details to get access to other 5Dimes services for example its 24/7 real-money casino and international pari-mutuel racebook, also.
5Dimes Sportsbook is the source of attractive betting odds on sports like boxing, racing, golf, football, baseball, football, and many others. US bettors favor signing up at 5Dimes Sportsbook not only because it’s safe, secure, and legal, but also because of its specific props and amusement chances. 5Dimes Sportsbook offers an attractive group of bets for example parlays, under/over stakes, if bets, critters, lines, spreads, along with others, and new members that sign up now could find a 50% welcome bonus worth up to $520 in valuable free plays!
BetDSI SportsbookBetDSI.eu — Mobile Sports Betting Apps For Kentucky Bettors
BetDSI is among the most comprehensive online sports betting sites that Kentucky residents can find. It has all the sports, wagering forms, and gambling odds that you look for when joining an online sportsbook. There are also tons of exciting added features, like the mobile gaming system where you can bet on sporting events as you’re waiting in line at the grocery store or are out and around in the bar.
Their cellular sportsbook delivers all of the BetDSI sports betting actions into one convenient platform. You can get live gambling odds, make deposits, ask payouts, maintain bonuses, and much more, all from the iPhone or Android device. Bet on football, hockey, basketball, baseball, golf, or any other game that you prefer. With cellular betting, you have 24/7 access to a sports betting account.
BetDSI offers two different mobile sports betting options. It is possible to visit the website from the iPhone, BlackBerry, or Android apparatus and there’s not any external app required. Only type in BetDSI.eu into your mobile browser and you will be told to the cellular site. There’s also a downloadable app that bettors can use depending on the sort of device you own, such as a Microsoft Surface. If you’re ready to start gambling on sports from the palm of the hands, combine BetDSI today, where KY residents can get a huge 100% Welcome Bonus worth $500 just for registering.
Finest Online Sportsbooks That Accept Kentucky Residents
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Kentucky Sports Betting Laws
Kentucky has a couple of sports betting laws, but none of them say a phrase regarding online sports betting. The current laws are written to remove unlicensed live bookies in the country and rescue residents from being cheated by them. These laws aren’t written with the individual bettor in mind.
While it’s certainly against the law for any bookmaking company to run online or live sports gambling businesses within the state, the nation has nothing in its own law books to prevent residents from signing up and placing bets on sports events in offshore online bookies licensed in foreign gambling authorities.
The sport betting legislation in Kentucky make it clear that there are not any penalties imposed on taxpayers that are interested in legal online sports gambling. As long as you employ a valid online sportsbook that you don’t have to worry about non invasive KY sports gambling laws. To review Kentucky gambling legislation in complete, you can check out the nation’s official laws .
Useful Article: Sports Betting Laws from the U.S.A.
Are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky is not able to license and control any bookmaking company simply because it’s not legalized sports gambling. To be able to issue licenses to and regulate online sports gambling businesses, it must first legalize sports betting and create a set of regulations for the sports betting industry. This is something which is not likely to occur in the future, though now that the Professional and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Court, the nation can proceed with legalizing the pastime whenever it wishes.
The offshore online bookies that take Kentucky residents are not regulated by the state. However, this does not indicate that these online bookies are illegal. They are all licensed in foreign gambling jurisdictions and regulated by their strict gambling laws. They will lose their licenses if they do not meet their clients and deliver a safe and secure sports betting product. You don’t need to worry about losing your cash at the Kentucky friendly online sportsbooks we’ve listed here.
There Is Certainly No Shortage Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports betting, it might create revenue through college basketball betting alone. The top college basketball club in Kentucky is the Wildcats at the University of Kentucky. The state has no professional sports teams, but tons of minor hockey and baseball teams. The majority of the online bookies we urge offer odds on Kentucky school basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There is definitely no lack of Kentucky sports teams to wager on. If Kentucky legalizes sports gambling, it might generate massive earnings through taxing the betting 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 golf club reaches a fever pitch in KY, unlike anywhere else in the nation. The country does not have any professional sports teams, however it hosts plenty of minor hockey and baseball teams, and KY residents have several teams to root for in neighboring countries.
KY inhabitants gamble an estimated $5 billion online sports betting each year. That translates into about $250 million of taxable sports betting revenue that could return in the state if it opens sportsbooks inside its boundaries, not to mention all the economic good that comes from keeping most of the massive handle inside the country instead of sending it overseas. Hopefully, KY gets the memo sooner instead of later and gives its residents the sports betting products they desire.
The most recent legislation for legalized sports betting at KY comes via BR 29, which you may read here. This legislation requires for a mere 3% tax on the total sportsbook handle, however, which makes 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 at American chances, the + sign designates the underdog and ensures that your potential earnings are greater 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. That is called the moneyline, and it functions like this:
Houston Rockets (+190) vs. San Antonio Spurs (-220)
A wager on the favored San Antonio Spurs would cost you $220 to win $100. If you bet on the underdog Houston Rockets, you just need to bet $100 to potentially win $190. In non-straight stakes, like spread bets, the moneyline works exactly the exact same way, but the two teams typically carry the same moneyline (usually -110 or so). This shows the built-in vigorish, or home take, for the bookmaker (in this case, roughly 10% of the wagers).
What Exactly Does PASPA Stand For?
PASPA was the Professional and Amateur Sports Protection Act of 1992, a national law which banned states from legalizing land-based sports betting. The sole exceptions were NV, DE, OR, and MT because of their prior legal sports gambling options, although only NV was permitted to provide comprehensive sportsbooks. (The other states’ sports betting choices were random lotteries based on sporting events.) PASPA is why there are no land-based sportsbooks in KY, but with PASPA currently gonethat could change later on.
Are Bonuses Just for New Members At Online Sportsbooks?
There are generally several different bonuses and promotions happening at online sportsbooks. Even though there’s always some type of welcome supply, many sports betting websites have lien bonuses, free bets, and free-plays which could 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 bet on sports at the Kentucky horse tracks… yet. The country is working towards legalizing the business and some thoughts have sports betting being offered at the tracks. Others would only let for the lottery to take wagers but one thing is for sure — Kentucky players can bet on sports and horses by utilizing an offshore sportsbook.
What Is The Kentucky Sports Betting Age?
You may wager on sporting events in Kentucky the second you turn two Some sites may accept gamers as young 18 but we recommend sticking with the nation’s laws. You’ll have to verify your age when creating a withdrawal and being underage can lead to 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 one of the states that appear to be placing the cash to good use. Although it’s only proposed and not approved (yet), the nation would ship the vast majority of the money to the state retirement fund which gives benefits to employees and retirement funds. Moreover, the state would allocate a portion of the capital to take care of problem gambling.
What Kentucky Teams Can I Bet On?
Well to begin, look into the University of Kentucky’s basketball program. Their high profile team has continually proven to win plenty of games and are a great intro into gambling. If you don’t like the Wildcats or want to bet elsewhere, think about the University of Louisville or even Western Kentucky University. Both of these teams have strong athletic programs and have even made a Final Four in the NCAA Tournament.
Do Any Neighboring States Give Sports Betting?
While states are constantly in a battle to approve a measure in support of sports gambling, 1 state was quick to the punch. West Virginia legalized the industry in 2018 and takes wagers on Kentucky based universities as well as specialist teams. Mardi Gras Casino is just over the Kentucky border, being a direct shot east on I-64 from the Lexington and Louisville.
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