Betting online sports events with any live bookie or online sportsbooks established in Kentucky is contrary to the nation’s laws. This is because the state of Kentucky hasn’t legalized any kind of sports gambling. However, this doesn’t prevent 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 offshore online bookies.
This page attempts to clarify online sports betting legality problems. We haven’t only attempted 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 have also presented a list of authorized online sports betting choices for Kentucky residents.
Is it Legal to Bet on Sports at Kentucky?
It could look like gambling on the results of sports events with unlicensed live bookies is contrary to the laws of Kentucky, but that is not precisely the situation. The state has strict gaming laws that prevent sports gambling in its own jurisdiction, but these laws are confined to those parties that”advance gaming action.” To put it differently, the legislation — which may be found in the Kentucky Legislature website here (Chapter 528) — applies only to would-be bookmakers, not actual sports bettors. The state doesn’t permit any bookmaking company to run land-based or online bookie companies in its own jurisdiction. Therefore, residents who put stakes with reside bookies in Kentucky are conducting the danger of their bookie being arrested, resulting in a complete loss of the bets and/or payouts. It is just not a fantastic idea.
But several offshore online sportsbooks take Kentucky residents and it’s valid for residents to join at one or more one of these offshore online sportsbooks. No law in Kentucky especially states that it’s against the law for residents to sign up at abroad online bookies and place bets on their favorite sports occasions. In reality, it’s completely valid for Kentucky residents to bet on sports at abroad online bookies, but care must be taken when it comes to picking the best books available. It’s the Internet, after all, and there are a lot of scams on the market.
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Can Kentucky Residents Get into Trouble for Placing Bets Online?
Kentucky residents will not get into trouble with the law for placing bets on their favorite sports events in offshore online sports gambling sites. That is because offshore online bookies accepting Kentucky bettors do not function from Kentucky and thus do not violate Kentucky laws in any way. They’re all based in overseas countries and run under permits issued by their home governments. Besides, the state has no law specifically stating that it is illegal for people to bet on sports at abroad online sportsbooks, and just those who accept stakes within the country are targeted by existing KY legislation.
To clarify: the only people who will 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 won’t be breaking your state’s gaming laws as long as you stick to the offshore online bookies we have advocated for you, nor will your funds be redeemed as they might be when using a local black market bookmaker.
Where Can Kentucky Residents Bet Sports Online?
Plenty of offshore online sportsbooks accept Kentucky residents and we’ve selected the best of them for your benefit. The Kentucky friendly online sportsbooks on this list are based in offshore countries and do not violate your state’s laws. All these are licensed and controlled online bookie companies offering the best odds on favorite US league and college sports events. You can rest assured that they are all trusted and top-rated brands.
Best Online Sportsbooks Which 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 provides other online gambling services such as an internet poker room, casino, and racebook for Thoroughbred activity. US bettors prefer registering for real cash at Bovada’s sportsbook since the online bookie covers almost every match that is played under the sun, and this contains popular US league sports and college sports, along with global sporting events.
Since Bovada is a member of a prestigious firm called Salmon River Technologies and runs under a license granted by the Kahnawake Gaming Commission out of Canada, bettors may anticipate a 100% secure and safe gambling atmosphere at Bovada Sportsbook. The internet bookie allows US bettors to fund their accounts employing safe and convenient payment procedures, and the support also accepts Bitcoin and Bitcoin Cash for both deposits and payouts.
Bovada Sportsbook is also home to appealing features like mobile betting, live betting, live video streaming, and in-play gambling. US bettors can also place bets on their favorite sports events in their own mobile devices, which makes it easy to wager no matter where you’re in Kentucky. KY residents who sign up at Bovada can now 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 gives the very best possible odds on a vast array of sports, but the website also includes topnotch customer care service. Bettors are unlikely to face problems whatsoever when they register together and utilize this US friendly online sports gambling site, but if they do, they can always get in touch with the online bookie’s customer support agents via toll-free telephone, email, or live chat.
SportsBetting is unique since it doesn’t stop at providing its clients a new player cash match bonus such as other sites that are lesser. Instead, bettors at SportsBetting may claim a lifetime bonus of 25% (up to $1000) on every deposit they make for as long as they maintain 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 lawfully wager on a massive choice of sports like soccer, soccer, racing, baseball, basketball, etc at this online bookie. Better still, SportsBetting chooses the many diverse forms of payment of any major sportsbook, with available choices like Visa, Mastercard, American Express, bank wire, cashier’s check, money order, and even Bitcoin and other cryptocurrencies like Bitcoin Cash, Ethereum, Litecoin, DASH, and much more.
5Dimes Sportsbook 5Dimes Sportsbook — Kentucky Bettors Could Place Their Own Lines!
The highlights of 5Dimes Sportsbook, an authorized online sports betting choice for US bettors, are a 24/7 customer support program, appealing promotions, exciting bonuses, and a vast selection of sports betting markets. 5Dimes Sportsbook is one of the few online bookies that offers betting odds even on rare sporting events. Best of all, however, is that 5Dimes emphasizes the practice of”buying things,” which allows bettors the opportunity to set their own terms on various stakes, including spreads, totals, and much more.
Bettors can open two kinds of accounts at 5Dimes Sportsbook–a phone account or an online account. They could use the very same details to gain access to other 5Dimes services such as its 24/7 real-money casino and global pari-mutuel racebook, too.
5Dimes Sportsbook is your origin of attractive betting odds online sports like boxing, racing, golf, soccer, baseball, soccer, and others. US bettors favor signing up in 5Dimes Sportsbook not only as it is safe, secure, and legal, but also due to its unique props and entertainment chances. 5Dimes Sportsbook provides an attractive collection of stakes for example parlays, under/over bets, if stakes, monsters, lines, spreads, and others, as well as new members who sign up now could get 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 gambling sites that Kentucky residents will locate. 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, such as the mobile betting platform where you can bet on sporting events while you’re waiting in line at the grocery store or are out and about in the bar.
Their mobile sportsbook delivers all of the BetDSI sports gambling actions into one convenient platform. You are able to access live gambling odds, make deposits, request payouts, claim bonuses, and more, all from the iPhone or even Android device. Bet on football, basketball, hockey, baseball, tennis, or any other sport that you prefer. With mobile gambling, you have 24/7 access to a sports betting account.
BetDSI offers two distinct cellular sports betting choices. It is possible to visit the website from the iPhone, BlackBerry, or Android device and there is no external app required. Only type in BetDSI.eu in your mobile browser and you’ll be told to the cellular site. There is also a downloadable program that bettors can use depending on the type of device you own, such as a Microsoft Surface. If you are ready to get started betting on sports in the palm of your hand, combine BetDSI now, where KY residents can get a huge 100% Welcome Bonus worth $500 just for signing up.
Finest Online Sportsbooks Which Accept Kentucky Residents
Kentucky Sports Betting Sites New U.S. Player Bonus Proceed To U.S. Betting Website 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
See 5 Dimes
Kentucky Sports Betting Laws
Kentucky has a few sports gambling laws, but none of them say a phrase regarding online sports gambling. The existing laws are written to eliminate unlicensed live bookies in the country and save residents from being cheated by these. These laws aren’t written with the individual bettor in mind.
Although it’s certainly against the law for any bookmaking business to run live or online sports betting businesses within the state, the state has nothing in its law books to stop residents from signing up and placing bets on sports events at abroad online bookies accredited in overseas gambling authorities.
The sport betting laws in Kentucky make it clear that there are not any penalties imposed on taxpayers that are interested in legal online sports betting. As long as you use a legitimate online sportsbook that you do not need to fret about non invasive KY sports betting laws. To review Kentucky gambling laws in full, you can have a look at the nation’s official laws here.
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Are Online Sportsbooks Accepting Kentucky Residents Regulated?
Kentucky isn’t able to permit and control any bookmaking business only because it’s not legalized sports gambling. To be able to issue licenses to regulate online sports gambling companies, it must first legalize sports gambling and make a set of regulations for its sports betting industry. This is something that isn’t very likely to happen in the immediate future, though now that the skilled and Amateur Sports Protection Act (PASPA) has been overturned by the Supreme Courtthat the nation can go forward with legalizing the pastime if it wishes.
The offshore online bookies that accept Kentucky residents are not regulated by the state. But this does not mean that these online bookies are prohibited. They are all licensed in offshore gambling jurisdictions and regulated by their strict gambling laws. They’ll lose their licenses if they do not satisfy their customers and provide a safe and secure sports gambling product. You need not be worried about losing your money in the Kentucky friendly online sportsbooks we have listed here.
There Is Certainly No Lack Of Kentucky Sports Team To Wager On…
If Kentucky legalizes sports gambling, it could create 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. The majority of the internet bookies we recommend offer odds on Kentucky school basketball events.
What Are The Benefits To Legal Kentucky Sports Betting?
There’s definitely no lack of Kentucky sports teams to bet on. If Kentucky legalizes sports gambling, it could generate huge earnings through taxing the betting on college basketball alone. The very best college basketball club in Kentucky is the Wildcats of the University of Kentucky, and annual enthusiasm for this golf club reaches a fever pitch in KY, unlike anywhere else in the country. The country has no professional sports teams, but it hosts lots of minor hockey and baseball teams, and KY residents have several teams to root for in surrounding states.
KY inhabitants gamble an estimated $5 billion on sports betting every year. That translates into about $250 million of non profit sports gambling revenue that could come back into the state if it opens sportsbooks in its boundaries, not to mention all of the economic goodness that comes from keeping most of the massive handle inside the state instead of sending it overseas. Hopefully, KY gets the memo earlier instead of later and provides its residents the sports gambling products they desire.
The latest laws for legalized sports betting at KY comes via BR 29, which you can read here. This law requires for a mere 3 percent tax on the entire sportsbook manage, however, making it improbable that the legislation is going to likely be passed in its current 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 higher than the amount you’ll have to risk. The – sign designates the favorite and means you will have 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 bet on the favorite San Antonio Spurs would cost you $220 to win $100. Should you bet on the underdog Houston Rockets, you just have to bet $100 to win $190. In non-straight stakes, like spread stakes, the moneyline works exactly the same style, but both teams usually carry the exact same moneyline (generally -110 or so). This reveals the built in vigorish, or home take, for the bookmaker (in this case, about 10 percent of those wagers).
What Exactly Does PASPA Stand For?
PASPA was the Professional and Amateur Sports Protection Act of 1992, a federal law which banned states from respecting land-based sports betting. The sole exceptions were NV, DE, OR, and MT because of their previous legal sports gambling options, though just NV was allowed to offer comprehensive sportsbooks. (The other countries’ sports betting options were arbitrary lotteries based on sporting events.) PASPA is why there aren’t any land-based sportsbooks in KY, but with PASPA currently gone, that could change in the future.
Are Bonuses Just for New Members At Online Sportsbooks?
No, there are generally several distinct bonuses and promotions happening at online sportsbooks. While there’s always some type of welcome supply, many sports gambling sites also have reload bonuses, free bets, and free-plays that could be redeemed by all members. Verify the promotions page frequently for the latest bonuses.
Can I Bet In The Horse Racing Tracks In Kentucky?
There are not any options to wager on sports in the Kentucky horse tracks… yet. The country is working towards legalizing the business and a few ideas have sports betting being offered at the tracks. Others would only let for the lottery to accept wagers but one thing is for certain — Kentucky players may bet on horses and sports by using an offshore sportsbook.
What’s the Kentucky Sports Betting Age?
You can bet on sporting events in Kentucky the moment you turn 2 Some websites may accept players as young 18 but we advise sticking with the state’s laws. You’ll need to confirm 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 just bet when you are inside regulations.
Where Will Sports Betting Revenue Be Allocated In Kentucky?
Kentucky is one of the states that appear to be placing the money to good use. Although it is only proposed and not authorized (however ), the nation would send the vast majority of the cash to the state pension fund which gives benefits to employees and retirement capital. Moreover, the state would devote some of the capital to take care of problem gambling.
What Kentucky Teams Can I Bet On?
Well to start, research the University of Kentucky’s basketball program. Their high-profile team has always proven to win plenty of games and would be a fantastic intro into betting. If you do not enjoy the Wildcats or Need to wager elsewhere, consider the University of Louisville or even Western Kentucky University. Both these teams have strong athletic programs and have made a Final Four in the NCAA Tournament.
Do Any Neighboring States Offer Sports Betting?
While states are continuously in a battle to approve a measure in support of sport gambling, one state was quick to the punch. West Virginia legalized the business in 2018 and takes wagers on Kentucky based universities in addition to specialist teams. Mardi Gras Casino is just over the Kentucky border, being a direct shot east on I-64 from both Lexington and Louisville.
Read more: icenationuk.com