Betting on sports events together with any dwell bookie or internet sportsbooks based in Kentucky is contrary to the state’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 state has no online sports betting laws to prevent its residents from signing up at offshore online bookies.
This page tries to explain online sports gambling legality problems. We have not only tried to provide an understanding of Kentucky’s sports betting laws, but have shared expert opinions regarding the legality of gambling in offshore online bookies. We also have presented a list of authorized online sports gambling options for Kentucky residents.
Is it Legal to Bet on Sports at Kentucky?
It may look like betting on the outcomes of sports events with unlicensed live bookies is contrary to the laws of Kentucky, but that isn’t precisely the situation. The country has strict gambling laws that prevent sports gambling in its jurisdiction, but these laws are confined to those parties who”advance gambling activity.” In other words, the law — which may be found in the Kentucky Legislature site here (Chapter 528) — applies only to prospective bookmakers, not real sports bettors. The state does not permit any bookmaking business to run land-based or online bookie companies in its jurisdiction. Therefore, residents who put bets with live bookies in Kentucky are conducting the risk of their bookie being detained, leading to a total loss of their stakes 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 sign up at any one of these offshore online sportsbooks. No law in Kentucky especially states that it is against the law for taxpayers 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 in abroad online bookies, but care has to be taken when it comes to choosing the best books available. It’s the world wide web, after all, and there are a lot of scams out there.
Useful Article: Why Is Online Sports Betting Legal In The U.S.
Can Kentucky Residents Get into Trouble for Placing Bets Online?
Kentucky residents won’t get into trouble with the law for putting bets on their favorite sports events at offshore online sports betting 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 are all based in overseas nations and run under permits issued by their own home governments. Besides, the state has no law expressly stating it is illegal for residents to wager on sports at offshore online sportsbooks, and only those who take stakes within the country are targeted by existing KY legislation.
To clarify: the only people who’ll get into trouble are prohibited live bookies who function in Kentucky. Since bookmaking is unquestionably illegal in Kentucky, running a bookie business is punishable by law. You won’t 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 redeemed as they might be if 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 listing are located in offshore countries and do not violate your country’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 they are all trusted 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 sport betting brand that also offers other online gaming services like an internet 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’s played under the sun, and this includes popular US league sports and college sports, along with international sporting events.
Since Bovada belongs to a prestigious firm named Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission from Canada, bettors may look forward to a 100% safe and secure gambling atmosphere at Bovada Sportsbook. The online bookie allows US players to finance their account employing safe and convenient payment procedures, and the service 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 can also place bets on their favorite sports events in their own mobile devices, which makes it easy to bet 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 to the right cleat.
SportsBetting Sportsbook SportsBetting.ag — Lifetime Bonuses For Kentucky Residents
SportsBetting not only offers the best possible chances on a wide range of sports, but the website also has topnotch customer care service. Bettors will probably not face problems whatsoever when they register with and utilize this US friendly online sports gambling site, however if they do, they can always get in touch with the internet bookie’s customer support representatives via toll-free telephone, email, or live chat.
SportsBetting is exceptional since it does not stop at providing its clients a new player cash game bonus like other sites that are lesser. Rather, bettors at SportsBetting may claim a life bonus of 25% (up to $1000) on every deposit they make for as long as they maintain real money accounts with the online bookie. Since SportsBetting is regulated and licensed abroad, US bettors may rest assured of the best online sports gambling experience.
US bettors may legally wager on a massive selection of sports such as soccer, soccer, racing, baseball, basketball, etc at this internet bookie. Better still, SportsBetting chooses the most diverse forms of payment of any major sportsbook, with available choices such as Visa, Mastercard, American Express, bank wire, cashier’s check, money order, and even Bitcoin and other cryptocurrencies such as Bitcoin Cash, Ethereum, Litecoin, DASH, and much 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, attractive promotions, exciting bonuses, and a wide selection 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 emphasizes the practice of”buying points,” which allows bettors the opportunity to place their own phrases on several different stakes, including spreads, totals, and more.
Bettors may open two types 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 global pari-mutuel racebook, too.
5Dimes Sportsbook is your source of attractive betting odds on sports such as boxing, racing, golf, soccer, baseball, football, and many others. US bettors prefer signing up in 5Dimes Sportsbook not only because it is safe, secure, and legal, but also due to its unique props and entertainment odds. 5Dimes Sportsbook provides an attractive collection of stakes for example parlays, under/over bets, if bets, critters, lines, spreads, and others, and new members that sign up now can 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 extensive online sports betting sites that Kentucky residents can find. 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, like the mobile gaming system where you could wager on sporting events as you’re waiting in line in the grocery store or are out and about in the pub.
Their cellular sportsbook delivers all of the BetDSI sports gambling action into one convenient platform. You can get live gambling odds, make deposits, request payouts, claim bonuses, and more, all from your iPhone or even Android device. Bet on football, basketball, hockey, baseball, golf, or another game that you prefer. With cellular gambling, you’ve got 24/7 access to your sports betting account.
BetDSI offers two distinct mobile sports betting options. It is possible to go to the website from the iPhone, BlackBerry, or Android device and there’s no external app required. Just type in BetDSI.eu into your mobile browser and you will be directed to the cellular website. There’s also a downloadable program that players can utilize depending on the sort of device you have, like a Microsoft Surface. If you’re ready to start betting on sports in the palm of the hand, combine BetDSI now, where KY residents can get a huge 100% Welcome Bonus worth $500 just for signing up.
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 them say a word about online sports gambling. The existing laws have been 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 your mind.
While it is definitely against the law for any bookmaking company to run live or online sports betting businesses within the country, the state has nothing in its law books to prevent residents from registering and putting bets on sports events in abroad online bookies accredited in overseas gambling jurisdictions.
The sports gambling laws in Kentucky make it clear that there are no penalties imposed on taxpayers that are considering legal online sports gambling. As long as you use a legitimate online sportsbook you don’t need to worry about non invasive KY sports gambling laws. To review Kentucky gambling laws in full, you can have a look at the state’s official laws here.
Useful Article: Sports Betting Laws in the U.S.A.
Why are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky isn’t able to permit and regulate any bookmaking company simply because it’s not legalized sports betting. To be able to issue permits to regulate online sports gambling businesses, it must first legalize sports betting and create a set of regulations for its sports gambling industry. This is something that isn’t likely to occur in the immediate future, though that the Professional 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 accept Kentucky residents are not regulated by the state. However, this does not mean that these online bookies are prohibited. They’re all licensed in offshore gaming jurisdictions and regulated by their strict gaming laws. They’ll lose their licenses if they do not satisfy their customers and deliver a safe and secure sports betting product. You don’t need to worry about losing your money in 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 betting, it could generate revenue through school basketball betting alone. The best college basketball club in Kentucky is the Wildcats at the University of Kentucky. The country does not have any professional sports teams, but tons of baseball and baseball teams. Most of the online bookies we recommend offer odds on Kentucky college basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There is definitely no shortage of Kentucky sports clubs to bet on. If Kentucky legalizes sports gambling, it could generate massive revenue through taxing the gambling on college basketball independently. The top college basketball club in Kentucky is the Wildcats of the University of Kentucky, and yearly excitement for this golf club reaches a fever pitch in KY, unlike anyplace else in the nation. The state does not have any professional sports teams, but it hosts plenty of minor hockey and baseball teams, and KY residents have a number of teams to root for in neighboring countries.
KY inhabitants gamble 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 if it opens sportsbooks in its borders, and of course all the economic good that comes from maintaining most of the massive handle within the state instead of sending it abroad. Hopefully, KY gets the memo earlier rather than later and provides its residents the sports betting products they desire.
The latest legislation for legalized sports betting in KY comes via BR 29, which you may read here. This law calls for a mere 3% tax on the entire sportsbook manage, however, which makes it improbable that the legislation will be passed in its present form, as that 3% represents about 55-65percent of a sportsbook’s average projected earnings. Greedy Kentucky! Bad!
Kentucky Online Sportsbooks FAQ’s
What Does The + And Mean When Sports Betting?
When looking in American chances, the sign designates the underdog and ensures your potential earnings are higher than the quantity you’ll need to risk. The – sign designates your preferred and means you will need 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 favored San Antonio Spurs would cost you $220 to win $100. If you bet on the underdog Houston Rockets, you only have to wager $100 to potentially win $190. In non-straight bets, like spread stakes, the moneyline works exactly the exact same style, but the two teams typically carry the exact same moneyline (usually -110 or so). This shows the built in vigorish, or home take, for the bookmaker (in this instance, about 10% of the wagers).
What Does PASPA Stand For?
PASPA was the Professional and Amateur Sports Protection Act of 1992, a federal law which banned states from legalizing land-based sports gambling. The sole exceptions were NV, DE, OR, and MT due to their prior legal sports gambling options, though just NV was allowed to offer comprehensive sportsbooks. (The other countries’ sports gambling options were arbitrary lotteries based on athletic events.) PASPA is the reason why there aren’t any land-based sportsbooks in KY, but with PASPA now gonethat could change later on.
Are Bonuses Only For New Members At Online Sportsbooks?
No, there are normally several distinct bonuses and promotions happening at internet sportsbooks. Even though there’s always some kind of welcome supply, most sports gambling sites also have lien bonuses, free bets, and free-plays that could be redeemed by all members. Verify the promotions page regularly for the most recent bonuses.
Can I Bet In The Horse Racing Tracks In Kentucky?
There are not any options to wager on sports in the Kentucky horse monitors… yet. The state is working towards legalizing the industry and some thoughts have sports betting being offered at the tracks. Others might only allow for the lottery to take wagers but one thing is for sure — Kentucky players may bet on horses and sports by utilizing an offshore sportsbook.
What’s the Kentucky Sports Betting Age?
You may bet on sporting events in Kentucky the moment you turn two Some sites may accept players as youthful 18 but we advise sticking with the state’s laws. You will have to verify 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 just bet when you are within the laws.
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. While it’s only suggested and not authorized (however ), the nation would ship the majority of the cash into the state pension fund which gives benefits to workers and retirement funds. Moreover, the state would allocate some of the funds to treat 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 proven to win plenty of games and are a fantastic intro into betting. If you don’t enjoy the Wildcats or want 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 Give Sports Betting?
While nations are continuously in a struggle to approve a measure in support of sports gambling, one nation was quick to the punch. West Virginia legalized the industry in 2018 and accepts wagers on Kentucky established universities in addition to specialist 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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