Arkansas Sports Betting
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Razorback fans have full access to sports betting in Arkansas and have for quite some time.
Service started at the Oaklawn Racing Casino Resort and continued with the launch of a sportsbook at the Southland Casino Racing venue.
More services will launch in the future as proposed facilities are yet to be created in the state. Overall, Arkansas provides premium sports betting in a retail setting.
Check out the full details of the sports betting industry in Arkansas in our short guide below to get to know your options.
Pros & Cons Of Betting On Sports In Arkansas
- Reputable providers offer services in a retail setting.
- Bettors can wager on professional and college sports.
- Several markets are covered, including football, baseball, basketball, golf, and more.
- Betting in a retail setting is more fun and interactive as bettors can watch the game on-site.
- There are several betting types to choose from, including moneyline and prop bets.
- The state is limited to only a handful of locations.
- More licensing is available, but venues have not been constructed yet.
- Online betting is not an option at the moment.
- Travel is required if you are not located near an operating sportsbook.
Would We Bet On Sports At Arkansas Sportsbooks?
Yes and no. With a handful of facilities offering sports betting services, we would place a bet in the state. However, this would only happen if we were in Arizona, near a casino.
Without mobile betting, it makes it far more challenging to place a bet unless you find yourself within a short drive of the casinos.
The legislation was introduced in 2021 but was not taken up by the House of Representatives. Any effort to move the bill forward was shot down after the bill was not discussed in this session.
Hopefully, efforts will continue in the future with new bills or further consideration on the topic.
How To Sign Up At A Betting Site
To place an online sports bet, you need an account. Operators offer a simple signup procedure to help you get started.
Follow the steps below, and in no time, you will have a brand-new sports betting account.
- Visit a licensed online sportsbook via app or website link.
- Click the ‘Join Now’ or ‘Register’ button.
- Fill out the registration form with your name, email, address, telephone number, birthday, and last four digits of your social security number. This information helps to verify your identity.
- Agree to the terms and conditions of the site and submit the information.
- Check your email for confirmation.
- Send a photocopy of your ID if requested.
- Log in to your new account and deposit to start betting!
For online sports betting to take place in a state legally, geolocation services must be utilized. Operators request you download software like GeoComply so that the app will detect your location.
If you are inside state lines, you can bet. If you are not, the app or website will not load. It takes only minutes to download and install GeoComply and is required before you can access real money betting.
Sports Betting Apps
They say there is an app for everything, and it really seems that way! For sports bettors, an app is the most convenient way to place a wager. Simply login via your smartphone or tablet and bet.
Apps provide everything you need, from the cashier for depositing cash to promotions and betting lines. With everything in one place, apps make it easy for you to bet during a big game or special tournaments!
Pros & Cons Of Sports Betting Apps
- Wager from anywhere you like.
- Access promotions from your mobile device, so you don’t miss out on deals.
- Add or remove funds with the click of a button.
- Bet on professional and college sports games.
- Check your betting slip during the big game to see how you fared.
- Options may be limited due to sports betting laws in the state.
- In a small market, odds may not be competitive.
- Older smartphones may not be compatible with sportsbook apps.
- Easy access can lead to addiction over time.
If sports betting is eventually allowed to go online in Arkansas, we expect the following top brands to offer services:
BetMGM Sportsbook App
Once MGM Resorts International launched its online sports betting brand, it was expected to do well. Nobody fully anticipated just how popular BetMGM would be.
Offering premium live betting, a ton of promotions, and a rewards program has catapulted the brand to the top of the list when it comes to player choice.
The app and website offer everything you need to bet on your favorite sports teams.
FanDuel Sportsbook App
Another solid choice for sports bettors is FanDuel. We expect this brand to move into Arkansas once it is an option.
The app features premium bet slip options, making it easy for bettors to keep track of all wagers. A wide range of markets and bet types are offered, providing every bettor with the best service options in the US.
DraftKings Sportsbook App
DraftKings offers the same great service options in a neat package. Use the app to find everything you need in one spot, including the cashier, promotions, and betting lines.
Android and iOS users can access the application, making it easy to wager from anywhere services are offered.
How To Fund Your Betting Account
One of the most critical elements of online sports betting is banking. Players need access to quality banking methods to add or remove cash.
With suitable methods in place, you can rest easy knowing your financial information is protected, and you will be able to bet or spend your winnings with ease.
As a new player, learn more about the process of depositing and withdrawals below with a step-by-step guide.
How To Deposit Funds:
- Visit your preferred online sports betting site and log in.
- Select the ‘Cashier’ and choose a method for depositing.
- Enter the amount you want to add to your account.
- Follow the directions for the method you chose to complete the transactions.
- The funds should be added shortly, and you can then start betting.
How To Withdraw Funds:
- Open your sports betting app or use a website to access your account.
- Sign in and select the ‘Cashier.’
- Choose withdrawal and a method to use such as PayPal or Play+.
- Enter the amount you want to remove.
- Use the directions on the site/app to complete the withdrawal.
Online Sportsbook Payment Process
Now that you know how to add and remove funds, it’s time to learn more about the banking options on offer.
Sportsbooks tend to use the same options so that players can efficiently complete transactions. Below are general examples of deposit and withdrawal methods you will find in online sportsbooks.
Standard Deposit Methods:
- Play+ card
- Online banking
Standard Withdrawal Methods:
- Online Banking
- Play+ Card
- Check by Mail
How Do Sports Betting Sign Up Offers Work?
New players to online sports betting often see sign up offers provided by operators but have no idea what the promotions are. Sportsbooks provide these deals to entice you to try their betting odds.
Some deals require you to deposit funds while others do not. Most commonly, you will find first deposit deals, risk-free bets, and no deposit promotions on offer when signing up for a new account.
Check out the details of each offer below to figure out which option is best suited for you and your betting needs.
First Deposit Offer
This offer usually provides the most significant bonus but is the hardest to clear. With your first deposit, the sportsbook provides you with a set amount of cashback.
An example of this promotion is a 100% match worth up to $200. You will need to deposit as much as $200 to receive 100% back in bonus cash. So, if you deposit $100, the site matches it with $100. This gives you $200 to bet with.
One aspect of this deal to consider is the wagering requirements. Operators have specific requirements you must meet before wins can be cashed out. Usually, the bonus plus the deposit amount must be bet 20 to 40x.
In some cases, a sportsbook is super generous and has limits of 10x or lower. You must meet this set requirement before you can withdraw funds. Be sure to read and understand the conditions before you claim a deal.
No Deposit Offer
With this deal, you are not required to deposit funds. The sportsbook provides a set amount of cash for you to wager with. This is bonus funds, and it cannot be withdrawn.
Once you wager with the money, you must deposit to remove the prize money if you win the bet. This is the only downside to the deal, especially for players who want to try a site without adding their own money.
Another option is the risk-free bet. This promotion requires a deposit and allows you to bet a certain amount without the risk of losing.
An example of this promotion is a risk-free football wager worth up to $100. This means you must wager on football and can spend up to $100. If you win, great!
If you lose the bet, then you receive the same amount in bonus cash. You cannot cash out the bonus money, but you can bet with it.
Where Can I Place A Bet in Arizona?
The only options players have when it comes to sports betting in Arizona is a physical location. Below are the retail properties that are allowed to offer services:
- Southland Casino: At this property, players have access to the Betly Sportsbook. Bettors can wager via the self-service kiosks or visit the cashier. Teller windows have regular operating hours while the kiosks are open 24/7.
- Oaklawn Racing Casino: This casino offers sports betting every day of the week except for Tuesday and Wednesday. There are self-service kiosks for 24/7 betting. Players have access to as many as 300 wagering options per NFL game, including touchdowns, yardage, and receptions.
- Saracen Resort Casino: This casino offers sports betting via an extension of the facility known as the Saracen Casino Annex Sportsbook. The options for betting are limited to a handful of kiosks.
- Pope County Casino: This property does not exist yet and is in the works.
Arizona Sports Betting Laws And Tax Rates
In late 2018, voters in Arizona voted to legalize retail sports betting. The state Racing Commission oversees the industry, and operators were charged no more than $250,000 to get started.
Revenues are taxed at 13% on the first $150 million in earnings and then 20% after that. Unfortunately for bettors, the legislation does not allow for mobile or online betting.
Players are restricted to a few locations for wagering.