Indiana Betting Sites
Indiana became the thirteenth US state to legalize sports betting in September 2019, generating over one billion dollars of taxable revenue since. Bettors from Indianapolis to Fort Wayne can enjoy mobile sports betting courtesy of 16 different IN sportsbooks. These platforms offer comprehensive betting markets, generous promos, and various other key selling points.
Selecting the right option can be tricky, especially with so much choice. But don’t worry, BettingOdds is here to help. Read on for a detailed Indiana betting guide covering everything you need to know. We’ll highlight some of the best-rated Indiana sportsbooks and offer sign-up links to help you take advantage of the welcome bonuses.
Our Top Indiana Sports Betting Sites - September 2023
- Payout Speed
- Payment Options
- Streaming
- No. Of Sports
- 24/7 Support
- Accepting US players
Is Online Betting Legal in Indiana?
Short answer – yes. Indiana legalized online betting in September 2019, joining 13 other states after the landmark May 2018 Supreme Court decision to strike down the Professional and Amateur Sports Protection Act. Governor Eric Holcomb signed House Bill 1015 exactly a year after PASPA was overturned, clearing the way for sportsbooks to launch in Fall 2019.
Indiana bettors have enjoyed industry-leading platforms like DraftKings and FanDuel ever since, generating the seventh-highest handle as of September 2023. The Indiana Gaming Commission is a state regulator known for its vigilance in granting new operators a license. Gamblers can’t currently access online casino platforms, so sweepstakes casinos are the only ways to play things like slots and live dealer games.
Popular Sports to Bet on in Indiana
Indiana bettors have an extensive and always expanding number of sports betting options, with industry-leading sportsbooks consistently upgrading their selections. Despite the level of choice, most users tend to focus on the most popular US sporting leagues across basketball, football, baseball, and hockey. The most significant examples include:
NFL
The NFL is the world’s wealthiest league by revenue and generates unprecedented betting excitement over 272 fixtures during the regular and postseason.
Indiana bettors can follow their beloved Indianapolis Colts using live streaming on select platforms like Caesars Sportsbook and choose from various betting markets. Moneylines, point spreads, and totals are popular for beginners, while player props resemble potentially advantageous options for football experts.
The Super Bowl is by far the most anticipated NFL betting event, with the two best teams from the AFC and NFC Championships going head-to-head in the showpiece spectacle. Rihanna made her first live appearance in several years at the 2023 Super Bowl, demonstrating its remarkable cultural reputation. The Kansas City Chiefs ran out narrow 38–35 winners against the Philadelphia Eagles after a stirring fourth-quarter comeback.
NBA
NBA games come thick and fast in the world’s premier basketball league, treating bettors to a whopping 1,230 match-ups between the best franchises over the course of a season. The Indiana Pacers represent the Hoosier State in the Eastern Conference Central Division.
The NBA has been going strong since 1946, staging many of the sport’s all-time greats. LeBron James is a pertinent example, a certified legend who recently beat Kareem Abdul-Jabbar’s long-standing points record and now stands at 38,652 career points as of September 2023.
Indiana sportsbooks regularly provide NBA free bets and other promotions alongside an in-depth selection of odds and markets. The sport can be particularly enjoyable combined with same-game parlays due to the number of possible scenarios over the four 12-minute quarters.
MLB
Major League Baseball comes second only to the NFL regarding annual revenue, gaining an indispensable reputation since its launch as the National League in 1876. The relatively recent 2000 merger between the National League and American League has made MLB into a 21st century sporting powerhouse, as typified by the world-famous status of franchises like the New York Yankees, who have a record-breaking 27 titles.
Indiana doesn’t have an MLB franchise, but bettors can follow and bet on the Indiana Hoosiers – the college-level baseball team competing in the NCAA College Baseball League. Alternatively, many Indiana natives back the Cincinnati Reds as one of their own. The franchise hasn’t won a World Series (the league’s finale) since 1990 and has struggled in recent years.
Nevertheless, bettors in the Hoosier State still cannot get enough of MLB wagers. Sportsbooks can offer hundreds of potential betting options on one game alone. And with each team playing at least 162 games in a season, you can only imagine how many overall wagering opportunities you can enjoy over the course of a year.
NHL
Indiana ice hockey enthusiasts can commonly be heard telling the story of how NHL legend Wayne Gretzky started his career in the Hoosier State. It’s a source of pride for many fans, especially considering the absence of any modern franchises in Indiana. The Chicago Blackhawks are the closest geographically, leading many Hoosiers to back the historically successful team.
Ice hockey is known for its particularly brutal nature, with fighting semi-permitted as long as players follow a relatively loose set of rules. The game rewards bravery and strength, but it’s not all rough and tumble. Some of the NHL’s best players, like Wayne Gretzky and Mario Lemieux, were also extraordinarily agile and, of course, expert skaters.
Thirty-two teams compete during a season culminating with the Stanley Cup, a thrilling finale and America’s oldest professional sports trophy. The Vegas Golden Knights won their first title in 2023, beating the Florida Panthers in a hotly-contested five-game series.
Horse Racing
Horse racing has held a special place in Midwestern culture for centuries, so it’s no surprise that Indiana bettors regularly place stakes on high-profile events like the Kentucky Derby and Royal Ascot meeting in the UK. Sportsbooks offer a wide range of potential bet types, including singles, parlays, and more complex wagers.
Hundreds of US races happen every week, so bettors in the Hoosier State don’t need to look very far to find many options. The state has two prominent race tracks — Hoosier Park in Anderson and Indiana Grand Racing & Casino in Shelbyville. These venues offer thrilling year-round racing and are very popular options for Indiana bettors.
Dirt racing is the most prominent type of US horse racing event, typically on the flat. Nevertheless, the top IN sportsbooks offer odds on horse racing from across the world, so you can also enjoy the creme-de-la-creme of jump racing or grass sprints from the UK.
Betting Markets Available in Indiana
Taking full advantage of sportsbooks is impossible without understanding the potential betting markets available. We’ll show you a few of the most popular below.
Moneyline
A moneyline bet is a straight prediction on the winner of a game or other sporting event. Bettors can read the favorite and underdog by looking at whether each contestant has positive (underdog) or negative (favorite) odds listed beside their name. Let’s look at a theoretical example to explain things further:
- Indiana Pacers -200
- Cleveland Cavaliers +150
The Cavaliers are clear underdogs here, with a relatively high positive number. The Pacers have a negative number, indicating they’re the favorites. A $100 bet on the Cavaliers to win would deliver $150 profit, while you would need to bet $200 on the Pacers to win $100.
Parlay
A parlay wager combines several bets under one umbrella and multiplies the odds of each individual selection to trigger much bigger potential payouts than regular singles. The only drawback? To win a parlay bet, all the individual legs must be predicted accurately, so the odds of winning are also steeper.
Indiana sportsbooks offer various parlay types. Same-game parlays are a particularly exciting recent addition, allowing bettors to combine several prop, moneyline, or total predictions in one overall wager.
Over/Under
Over/under bets (also referred to as totals) are practical tools if you can’t decide on a winner between two teams. Instead of choosing the outright victor, you predict things like the number of points or touchdowns. The sportsbook sets its line, and you must decide whether you think the total will be above or below this.
Against the Spread (ATS)
Spread betting is a versatile way of placing wagers with slightly more risk and reward than regular moneylines. Bettors must correctly predict the winner and winning margin of a game, making against the spread betting a top choice for events with a very heavy favorite.
The team most likely to win will have a negative number, while the underdog will have a positive one. Let’s say you bet on the Indiana Pacers (the favorite) to beat the Cleveland Cavaliers (the underdog) with a -10.5 point spread. This would mean that they would have to win by 11 points or more for the bet to be successful. Back the Cavs instead and they simply have to win outright or lose by less than 10.5 points for your bet to succeed.
Betting Apps Available in Indiana
Mobile betting apps provide Hoosiers with several very beneficial features. You can utilize additional security measures like biometric security and saved login details, while also never missing a beat with push notifications alerting you to specific event promos. Our experts consider the user experience, sports coverage, live streaming, and other additional features to find the best IN betting apps. Look below for our top picks:
- FanDuel Sportsbook IN App: FanDuel evolved from a DFS app to a market-leading sportsbook after 2019 and offers one of the best mobile apps on the market. The iOS and Android apps enjoy spectacular ratings on the App Store and Google Play marketplaces, treating bettors to key highlights like extensive live streaming and daily odds boosts.
- BetMGM Sportsbook IN App: BetMGM has one of the most generous sports betting welcome bonuses, with new customers treated to a maximum $1,500 bonus bet welcome bonus. The Indiana BetMGM iOS and Android apps are also top-notch, showcasing the slick design and extensive betting possibilities.
- DraftKings Sportsbook IN App: DraftKings is another DFS platform that branched into sports betting and offers some of the most comprehensive betting markets. Bettors in the Hoosier State can also access a meticulously designed DraftKings mobile app that enjoys a 4.9 out of 5 rating on the App Store.
Payment Methods Available at Indiana Betting Sites
Sportsbooks offer a range of payment methods, each providing bettors with specific advantages. We’ve elaborated on the most popular below.
Bank Cards
Using bank cards to deposit and withdraw funds at Indiana sportsbooks is a popular method due to its familiarity and convenience. Bettors can also enjoy additional banking security measures like fraud protection, providing more confidence than other methods. Bank cards are also widely available and are generally quite quick.
e-Wallets
e-Wallets like PayPal and Venmo have shot to popularity among sports bettors for good reason. These virtual wallets give you a completely separate account to store your gambling funds and don’t require any sensitive data sharing. Not only does this increase the general safety, but it can also make budgeting far easier. Additional benefits include lightning-fast transactions and close mobile integration.
Prepaid Cards
Betting with a prepaid card is one of the most anonymous methods and also makes it impossible to overspend unless you buy a whole new voucher. Providers like Paysafecard allow bettors to buy virtual or real-life cards preloaded with a set amount of money. You then use the PIN to deposit at sportsbooks.
Wire Transfer
Wire transfers can be slow and require more information, but they’re the gold standard if you’re after reliability and security. Most sportsbooks offer wire transfers, although we recommend looking out for the potentially high fees.
Indiana Betting Timeline
Here is a quick outline of sports betting in Indiana so far:
- May 2018: The Professional and Amateur Sports Protection Act is overturned by the Supreme Court.
- May 2019: Governor Eric Holcomb signs House Bill 1015 to legalize Indiana sports betting.
- September 2019: Sports betting officially launches in Indiana.
- October 2019: Mobile sports betting launches.
Compare Indiana Betting Sites and Sign Up
BettingOdds is the best place to find vital information and suggestions regarding Indiana betting sites. Our experts offer detailed analysis of the top platforms alongside betting tips and more. Check our list and find the best sportsbook for you.
Frequently Asked Questions
Is online betting legal in Indiana?
Yes. Indiana legalized sports betting in 2019.
Do I have to pay taxes on gambling winnings in Indiana?
Yes. Gambling winnings in Indiana are taxed at 3.23%. You’ll also have to pay federal taxes, which are usually around 24%.
Are online casinos available in Indiana?
No. Online casinos aren’t currently available in Indiana.
Where can I find support for gambling-related problems in Indiana?
Indiana gamblers can find vital support using organizations like Gamblers Anonymous and the National Council on Problem Gambling.