Indiana Sports Betting

11 min read

Indiana Sports Betting: A Comprehensive Guide

Indiana sports betting has grown significantly since its legalization, providing residents with an exciting and legal way to engage with their favorite sports. This guide covers everything you need to know about sports betting in the Hoosier State.

Legal Indiana Sports Betting

Indiana legalized sports betting in May 2019, with the first retail sportsbooks opening in September 2019 and online betting starting in October 2019. This swift implementation positioned Indiana as a leader in the Midwest for legal sports wagering.

Indiana was the 10th state to legalize sports betting in the United States.

What is Legal Sports Betting in Indiana?

Legal sports betting in Indiana involves placing wagers on sporting events through licensed and regulated online and retail sportsbooks. Both online and in-person betting options are available, making sports betting accessible to residents throughout the state.

The Indiana Gaming Commission regulates all sports betting activities, enforcing fair play and responsible gambling practices.

Indiana Sports Betting Legislation Timeline

The journey to legal sports betting in Indiana includes several key milestones:

  • May 2018: The U.S. Supreme Court overturns PASPA, allowing states to legalize sports betting.
  • May 2019: Indiana enacts a state gambling law, HB 1015.
  • September 2019: First retail sportsbooks open in Indiana.
  • October 2019: Online sports betting officially begins in Indiana.

Best Indiana Sportsbooks

Several legal sportsbooks operate in Indiana, offering various betting options and promotions. Some of the most popular Indiana sportsbooks include:

  • FanDuel
  • DraftKings
  • BetMGM
  • Caesars Sportsbook
  • BetRivers

Each sportsbook provides unique features, odds, and promotions, catering to different preferences and betting styles.

Remember
When considering using a bonus or promotion you must fully understand the wagering requirements.

Sportsbooks Available in Indiana

DraftKings Sportsbook
DraftKings New Customer Bonus - Bet and Get Up to $500 in Bonus Bets + 1 Month of NFL+ Premium
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BetMGM Sportsbook
BetMGM Bet First Bet Offer $5 Get $150 in Bonus Bets
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Bet365 Sportsbook
Bet365 First Bet Safety Net Up To $1000
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Hard Rock Bet Sportsbook
Hard Rock Bet Bet $5 Get $100 in Bonus Bets
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BetRivers Sportsbook
BetRivers NJ 2nd Chance Up To $250. Code:
SPORTS
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Fanatics Sportsbook
Fanatics $200 in Bonus Bets up to $1000
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Bally Bet Sportsbook
BallyBet Welcome Bonus: $150 in Bonus Bets
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FanDuel Sportsbook
FanDuel Bet $5 Get $200
Get bonus here
  • Availability across most of US legal states
  • Competitive odds & diverse markets
  • Attentive customer service
  • Extensive list of Same Game Parlay's
  • App speeds vary for some users
  • Geo locate sometimes unreliable
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DC
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CAD
USD
VISA
Mastercard
Discover
Debit Cards
ApplePay
Google Pay
Venmo
PayPal
FanDuel Prepaid Card
Cash at Retail Stores
Cash at Cage
ACH/eCHECK
American Express
Bank Wire Transfer
Diners
VIP Preferred
Play+
Go to Website
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DraftKings Sportsbook
DraftKings New Customer Bonus - Bet and Get Up to $500 in Bonus Bets + 1 Month of NFL+ Premium
Get bonus here
  • Extensive betting markets
  • Live betting
  • Efficient & secure payments
  • Strong security measures
  • Mobile app connectivity issues
  • Maximum bets on odds boosts are low.
  • Promotional restrictions
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PR
DC
CAD
USD
ACH/eCHECK
American Express
ApplePay
Google Pay
Debit Cards
VISA
Bank Wire Transfer
PayPal
Trustly
Paynearme
paysafecard
Cash at Cage
Skrill
Cash at Retail Stores
DraftKings Gift Card
Play+
Venmo
VIP Preferred
Mastercard
Discover
Go to Website
Details
BetMGM Sportsbook
BetMGM Bet First Bet Offer $5 Get $150 in Bonus Bets
Get bonus here
  • Available in many U.S. States and Canada
  • Numerous betting markets
  • Major partnerships with teams/leagues
  • Promotions are timely and change rapidly
  • Connectivity issues on betting app
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CAD
USD
Venmo
American Express
Borgata Cage
Mastercard
VISA
Paynearme
PayPal
Play+
BetMGM GiftCard
VIP Preferred
Bank Wire Transfer
ApplePay
Google Pay
Discover
GameOn Gift Card
Debit Cards
Go to Website
Details
Caesars Sportsbook
Caesars: $1000 First Bet On Us
Get bonus here
  • One of the biggest welcome bonuses.
  • Secure payments.
  • Efficient customer service
  • Some users have described slow loading times
  • Limited live streaming options
  • Some bonus wagering requirements are unclear
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DC
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PA
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ON
NC
ME
CAD
USD
VISA
Mastercard
Discover
Trustly
Paynearme
PayPal
ACH/eCHECK
Cash at Caesars
Caesars Pre-paid Card
Deposit at a Tavern
Skrill
Venmo
Play+
Debit Cards
ApplePay
Go to Website
Details
Bet365 Sportsbook
Bet365 First Bet Safety Net Up To $1000
Get bonus here
  • Licensed in multiple U.S. states
  • Live streaming
  • Tools for responsible gambling
  • Fast & secure banking
  • No loyalty program
  • Bonuses may vary according to location
  • Welcome bonus may be complex to novice users
NJ
CO
OH
IA
VA
KY
ON
NC
IN
LA
AZ
CAD
USD
ACH/eCHECK
American Express
ApplePay
Debit Cards
VISA
Bank Wire Transfer
PayPal
Trustly
Paynearme
paysafecard
Cash at Cage
Skrill
Mastercard
Go to Website
Details
Hard Rock Bet Sportsbook
Hard Rock Bet Bet $5 Get $100 in Bonus Bets
Get bonus here
  • Attentive customer service.
  • Same game parlays.
  • Live betting.
  • Limited availability in the U.S.
  • Lacks live streaming option.
  • Limited SGP options.
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NJ
VA
OH
TN
FL
IN
USD
VISA
Mastercard
Discover
PayPal
Play+
Paynearme
Bank Wire Transfer
ApplePay
American Express
Cash at Cage
ACH/eCHECK
Go to Website
Details
BetRivers Sportsbook
BetRivers NJ 2nd Chance Up To $250. Code:
SPORTS
  • Good live streaming of major sports.
  • Numerous promotional offers.
  • Available in many U.S. states.
  • Competitive odds.
  • Some users have had trouble with payouts.
  • Outdated website and app design.
  • Betting app connectivity issues.
NJ
MD
PA
NY
VA
OH
WV
IN
MI
IL
IA
CO
AZ
LA
CAD
USD
Cash at Cage
Paynearme
VISA
Mastercard
Discover
PayPal
VIP Preferred
American Express
ACH/eCHECK
Venmo
Go to Website
Details
PointsBet Sportsbook
PointsBet Daily Boosted Odds
Get bonus here
  • Unique PointsBetting system
  • Straightforward mobile app
  • Growing user base
  • Fast and secure payouts
  • Limited U.S. availability
  • PointsBetting system may be complex for novice users
CO
IL
IN
IA
KS
LA
MD
MI
NJ
NY
OH
PA
VA
WV
CAD
USD
VISA
Mastercard
Discover
Trustly
ACH/eCHECK
Paynearme
Cash at Cage
Cash at Bally's Atlantic City Hotel & Casino
Cash at Catfish Bend Casino
Cash at Meadowlands Racetrack
American Express
Bank Wire Transfer
Debit Cards
Go to Website
Details
Unibet Sportsbook
Unibet 2nd Chance Bet Up To $50
Get bonus here
  • 20+ years of experience.
  • Extensive live betting options.
  • Relatively quick withdrawals.
  • Customer service is often slow in peak times.
  • Limited availability in the U.S.
Details
Betway Sportsbook
  • Live streaming.
  • Interesting bonuses & promotions.
  • Competitive odds.
  • Users have complained about connectivity issues.
  • Lengthy payout process.
  • Limited reach in the U.S.
AZ
CO
IA
IN
LA
NJ
OH
PA
VA
CAD
USD
VISA
Mastercard
PayPal
Cash at Cage
Play+
ACH/eCHECK
VIP Preferred
Paynearme
Go to Website
Details
Fanatics Sportsbook
Fanatics $200 in Bonus Bets up to $1000
Get bonus here
  • Excellent league coverage
  • Popular FanCash Program
  • Wide availability across the US
  • Mobile app glitches and connectivity issues
  • No desktop sportsbook option
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CO
CT
IL
IN
IA
KY
KS
MD
MA
MI
NJ
NY
NC
OH
PA
TN
VT
VA
WV
WY
USD
ACH/eCHECK
American Express
Cash at Cage
VISA
Mastercard
Debit Cards
Diners
Discover
PayPal
Play+
Venmo
paysafecard
Go to Website
Details
Bally Bet Sportsbook
BallyBet Welcome Bonus: $150 in Bonus Bets
Get bonus here
  • Daily odds boosts
  • Videos offering betting advice
  • Generous welcome bonus
  • Only available in some states
  • Some users complain about withdrawal speed
AZ
CO
IN
IA
NY
VA
ON
OH
CAD
USD
Mastercard
VISA
VIP Preferred
ACH/eCHECK
PayPal
Debit Cards
Go to Website
Details

Current Indiana Bonuses

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Online Sports Betting in Indiana

Indiana provides both online and in-person sports betting options, offering great versatility to bettors. Online sports betting presents several key benefits:

Convenience

Easily place bets from any location within Indiana using your smartphone or computer, allowing for seamless access without the need to visit a physical sportsbook.

Round-the-Clock Availability

Online platforms enable you to bet at any time, unrestricted by the operating hours of brick-and-mortar establishments, ensuring you never miss a betting opportunity.

Better Odds

With lower operational costs, online sportsbooks can often offer more competitive odds, providing better value for your wagers.

Note
Ensure you are within state lines when placing an online bet, as geolocation services verify your location.

How Can I Sign Up For An Online Sportsbook in Indiana?

Signing up for an online sportsbook in Indiana is a simple process:

  1. Select a licensed sportsbook in Indiana.
  2. Download the sportsbook app or visit their official website.
  3. Click on "Sign Up" or "Register."
  4. Enter your personal details (such as name, address, and the last four digits of your Social Security Number).
  5. Confirm your identity and age (must be 21 or older).
  6. Configure your account preferences and set up security measures.
  7. Make your initial deposit.

What Sports Can I Bet on in Indiana?

Indiana offers a diverse range of sports betting options. Here are some popular sports available for wagering:

  • NFL: The Indianapolis Colts are a focal point for NFL betting in Indiana. Bettors can wager on individual games, player props, and season-long futures.
    • Example: Bet on the outcome of the Colts' game against the New England Patriots at BetMGM or place a player prop bet on the number of touchdowns by the Colts' quarterback.
  • NBA: With the Indiana Pacers based in Indianapolis, NBA betting is particularly popular. Bets can be placed on any NBA team or game.
    • Example: Wager on the Pacers' performance against the Chicago Bulls or bet on the total points scored in a game at BetRivers.
  • MLB: Indiana does not have an MLB team, but nearby teams like the Chicago Cubs and Cincinnati Reds draw local interest, making MLB betting significant.
    • Example: Place bets on the Cubs' game against the St. Louis Cardinals or bet on the total home runs hit in a Reds game at bet365.
  • NHL: Hockey fans can bet on the Chicago Blackhawks and other NHL teams, with options ranging from moneyline bets to prop bets.
    • Example: At DraftKings, bet on the Blackhawks' chances of winning against the Detroit Red Wings or place a prop bet on the number of saves by the Blackhawks' goalie.
  • College Sports: Indiana sports betting includes NCAA events, with teams like the Indiana Hoosiers and Purdue Boilermakers drawing significant interest. Prop bets on individual college athletes are prohibited.
    • Example: Wager on the Indiana Hoosiers' basketball game against the Michigan Wolverines or bet on the outcome of a Purdue Boilermakers football game at FanDuel.
  • NASCAR: Auto racing betting is popular in Indiana, with bets available on race winners, top finishers, and various props.
    • Example: Bet on the winner of the Indianapolis 500 or place a wager on the top three finishers in a NASCAR race at Fanatics.

Indiana’s Sports Teams to Bet On

Indiana boasts several professional and collegiate teams that attract significant betting interest:

  • Indianapolis Colts (NFL): Based in Indianapolis, the Colts are a major focus for NFL betting in the state. Fans can wager on game outcomes, player performances, and season-long props.
  • Indiana Pacers (NBA): The Pacers have a storied history and remain a popular choice for NBA betting among Indiana sports bettors.
  • Chicago Cubs and Cincinnati Reds (MLB):  With nearby MLB teams, Indiana offers ample opportunities for baseball betting throughout the season.
  • Chicago Blackhawks (NHL): Hockey betting has grown alongside the Blackhawks' success, with fans eager to back their team throughout the NHL season.
  • Indiana College Sports Teams: College sports are a huge part of Indiana's sporting culture. Teams like the Indiana Hoosiers (football and basketball) and Purdue Boilermakers attract significant betting action.
Fun Fact
Together, these teams have amassed a total of 19 major championships, showcasing Indiana's rich sports culture and the success of its beloved teams.

Types of Wagers Available

Indiana sports betting offers a diverse range of wagering options to suit different preferences and strategies:

  • Moneyline: The simplest form of betting, where you pick the outright winner of a game or event.
  • Parlays: Combine multiple bets into one wager for higher potential payouts, but all selections must win for the parlay to pay out.
  • Totals (Over/Under): Bet on whether the combined score of a game will be over or under a predetermined number set by the sportsbook.
  • Point Spreads: Wager on the margin of victory in a game, with the favorite giving points and the underdog receiving points.
  • Futures: Long-term bets on outcomes like championship winners, season win totals, or individual awards.
  • Prop Bets: Wagers on specific events within a game, such as player performance statistics or game occurrences.
  • Live Bets: Place bets during a game with odds that update in real-time based on the action.
  • Prohibited Bets: While Indiana sports betting is relatively open, there are some restrictions:
    • No prop bets on individual college athletes.
    • No betting on youth sports (under 18).

Choosing the Right Indiana Betting Site

Given the numerous options available, choosing the right sportsbook for your needs is essential. Consider these key factors:

What Should I Look For When Deciding Which Indiana Online Sports Betting Site is Right for me?

  • Competitive Odds: Look for sportsbooks that offer favorable odds to maximize your potential returns.
  • Wide Range of Markets: Ensure the sportsbook covers a variety of sports and betting options.
  • User Experience: A user-friendly interface makes navigation and placing bets easier.
  • Customer Support: Reliable support services can assist with any issues or queries.
  • Payment Methods: Secure and convenient options for deposits and withdrawals.
  • Bonuses and Promotions: Attractive offers with clear terms can enhance your betting experience.
  • Mobile Compatibility: A high-quality mobile app allows for seamless betting on the go.
  • Trustworthiness: Choose sportsbooks with a solid reputation and proper licensing.

Take the time to research and compare different sportsbooks to find the one that best aligns with your preferences and betting style. 

Why Should I Have At Least 3 Indiana Sportsbook Accounts?

Maintaining accounts with several sportsbooks can provide several benefits but you must do it responsibly:

  • Odds Comparison: Having multiple accounts allows you to compare and select the best odds for your bets.
  • Diverse Betting Options: Access a broader range of markets and unique betting opportunities.
  • Backup Plans: If one sportsbook is down or experiencing issues, you have alternatives available.
Pro Tip
Utilize odds comparison tools to quickly identify the best lines across different sportsbooks, ensuring you get the best value for your bets.

What Deposit And Withdraw Options Are Available? 

Indiana sports betting platforms typically support various payment methods:

  • Credit/Debit Cards
  • E-wallets (e.g., PayPal, Skrill)
  • Bank Transfers
  • ACH/eCheck
  • Play+ Prepaid Cards
  • PayNearMe (cash deposits at participating retailers)
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Be sure to check for any fees associated with deposits and withdrawals to avoid unexpected charges and delays.

Sports Betting in Indiana: The Big Picture

The legalization of sports betting in Indiana has significantly influenced the state's economy and sports culture. In its inaugural year, sports betting generated significant tax revenue, which has been allocated to educational programs, local government projects, and problem gambling initiatives.

Indiana Sports Betting Tax Rate

Indiana imposes a 9.5% tax rate on sportsbooks' adjusted gross income, balancing revenue generation with market competitiveness.

Importance of Responsible Gaming in Indiana

Responsible gambling is crucial for a healthy betting environment. The Indiana Gaming Commission and licensed sportsbooks implement various measures to promote responsible gaming practices:

  • Age Verification: Ensuring all bettors are of legal age.
  • Self-Exclusion Programs: Allowing bettors to voluntarily restrict their gambling activities.
  • Deposit Limits: Setting caps on how much can be deposited within specific time frames.
  • Cool-Off Periods: Temporarily suspending accounts to prevent problem gambling.
  • Support Resources: Providing access to helplines and support services for those needing assistance.
Remember
Always treat sports betting as a form of entertainment. Bet responsibly and seek help if your gambling habits become problematic.

Indiana Sports Betting FAQs

All About Indiana Sports Betting

Is sports betting legal in Indiana?

Yes, both online and retail sports betting are legal in Indiana.

Do I need to be an Indiana resident to bet?

No, but you must be physically located within Indiana state lines to place bets.

Can I bet on college sports in Indiana?

Yes, but prop bets on individual college athletes are prohibited.

Is there a minimum age for sports betting in Indiana?

Yes, you must be at least 21 years old to bet.

Are there any retail sportsbooks in Indiana?

Yes, there are several retail sportsbooks located throughout the state.

Summary of Indiana Sports Betting Options

Indiana offers a comprehensive and flexible sports betting environment. With a variety of licensed sportsbooks, extensive betting markets, and a commitment to responsible gambling, Indiana provides a robust and engaging betting experience.

Final Advice
Regularly review and manage your betting habits. Use the responsible gambling tools provided by sportsbooks and seek help if needed to ensure a safe and enjoyable betting experience.