Stats, facts, and instant impact: An introduction to sports betting in the US
Since PASPA was overturned back in 2018, I think it is fair to suggest that there has been a real surge in sports betting across the US. Now, you’ll find that the US is considered to offer the largest legal sports betting market in the world – in fact, New York, Illinois, Ohio, and New Jersey all rank individually within the top ten global markets to date.
The continued growth of the US sports betting scene is primarily down to the introduction of new legal online gambling states. However, despite accounting for over 70% of the overall revenue, the mobile betting scene (32 states/territories) is still playing catch-up with the number of locations that have already legalized retail bookmakers (39 states/territories).
Sports
Sport
Casino
Poker
Horse Betting
Daily Fantasy Sports
Social Casino
Some of the most recent states to open their virtual doors to the possibilities of sports betting include Massachusetts, Maryland, Vermont, and Ohio. Next, it looks like North Carolina will launch just in time to offer up some fantastic
free bets
for March Madness.
Although NC may not have quite as big an effect on the market as NY – a state that continues to break records left, right, and center – there is no doubt that the proposed $1 million licensing fees and additional revenue created will greatly help those in need of help with gambling addiction and education.
US Sports betting: At a glance
Want a quick overview of the sports betting scene today? This table has everything from the official launch date and legal sports betting locations to the value of legal sports wagers placed in 2023.
| Official launch of US sports betting: | May 14th, 2018 |
| No. of legal retail sports betting states: | 37 states, Washington DC, and the territory of Puerto Rico |
| No. of legal online sports betting states: | 30 states, Washington DC, and the territory of Puerto Rico |
| Next state set to launch: | North Carolina |
| Legal sports betting age: | 18, 21 |
| Legal sports wagers placed (2023): | > $115 billion |
| Average operator tax rate | 19% |
Online betting sites for sports: A closer look at the best betting sites across the USA in December
Now we’ve got a little insight into the current US sports betting market, why not take some time to check out some of the industry leaders? These mini-reviews will provide you with a quick overview of what to expect from some of the very best sports betting sites in December. Of course, you can make the most of the banners on-site to find your own favorites along the way, too.
BetMGM – a great all-rounder boasting a busy sports betting lobby
- Packed sports betting lobby
- Impressive live betting experience
- Competitive odds
- Fantastic design
- Smaller new customer offer
BetMGM offers one of the most immersive sports betting experiences around. Whether you opt to visit via the desktop site or download the dedicated mobile app, you’ll find that you can make your way through the streamlined registration process in no time at all and soon have your hands on a simple welcome bonus.
At the time of writing, you’ll be able to bet $5 and get $158 in bonus bets. Once redeemed, you’ll be free to work your way around a neat sports betting lobby that is both user-friendly and packed with possibilities. Odds are competitive across the board. However, live betting and streaming services are the real standouts. Plus, should you encounter any issues, support is on hand to help you get back on track.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
DraftKings – a top choice backed by the most competitive odds around
- Competitive welcome bonus
- Free stats hub
- Intuitive mobile app
- Impressive rewards program
- The sportsbook can feel crowded
DraftKings is another top sports betting site that is packed with perks. As a new user, you can make your way through the registration process online or on the go before redeeming your very first bonus. Currently, you’ll be expected to bet $5 to add $200 in bonus bets to your account.
With your account now locked and loaded, you’ll be free to head on over to the sportsbook. Here, you’ll find all sorts of betting opportunities ranging from NFL first touchdown scorers to outright winners of the latest esport contest. Odds are regularly updated, and a full knowledge base is available to those looking to bolster their bets with some facts and stats. For loyal customers, you’ll find plenty of ongoing promotions and a fantastic Dynasty rewards program available, too.
Bet $5, Get $150 If Your Bet Wins
- Great welcome bonus
- Regular rewards and promotions
- Competitive live betting odds
- Updated stats and facts
- Seven-day withdrawal process
I couldn’t create a list of the best sports betting sites across the US without making space for FanDuel. This established name has cemented its position as a top destination for online sports bettors, boasting impressive new customer offers, ongoing rewards, and streams of available betting markets.
Currently, as a new user, you will be able to bet $5 and get $200 in bonus bets added to your account. From there, you can decide whether you wish to wager online or through the intuitive mobile app before working your way through all major sports. You’ll also find a busy live betting suite that is home to competitive odds, updated stats, and one-click betting opportunities. Support is also responsive, and you can fund your account using a range of credible methods.
Bet $5 Get $300 in Bonus Bets if you win
Bet365 – a fantastic US sportsbook setting you up with a choice of welcome offers
- Choice of two welcome offers
- Simple registration
- 24/7 customer support
- Competitive odds
Bet365 is a top choice for sports bettors looking to give themselves a solid head start while playing online. Currently, as a new user, you’ll have the choice of two new customer offers, allowing you to add a security blanket to your first bets up to the value of $2,000 or unlock $150 in bonus bets for wagering $5.
Beyond the welcome bonus, you’ll also find a top online sportsbook that is easy to navigate and backed by competitive odds. The overall design makes it easy enough to filter through all of your favorite sports before opening up 200+ betting markets on popular events. Support is responsive, payments are secure, and you can enjoy the full experience through the dedicated mobile app.
Bet $5 Get $150 or $1000 First Bet Safety Net
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
Caesars – pick up perks throughout your time online with this top US sportsbook
- Fantastic new customer offer
- Great ongoing rewards
- Intuitive mobile app
- All major leagues covered
Caesars is the final name that features on this list of the very best US sportsbooks in December. As things stand, you’ll be eligible to unlock a new customer offer that promises to add a safety net of up to $1,000 to your first wager. Of course, the perks and promotions don’t end there.
Over at Caesars, you’ll also be enrolled in the Caesars rewards club. Here, you can build up points based on your online and retail activity before exchanging them for bonus bets, hotel stays, and meals out. Alongside bonuses, you’ll find that competitive odds come as standard, major market coverage is exceptional, and the mobile app provides one of the most streamlined experiences to date.
Bet $5 Get $150 or $1000 First Bet Safety Net
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
How we rate and compare the best US sports betting sites
I’ve obviously not just plucked these five online sports betting sites out of thin air. So, how do I know that they really are the cream of the crop? Well, I ensure that all online sportsbooks get put through their paces, paying particular attention to the following attributes while creating my comparisons.
Usability and accessibility
First and foremost, I want to know that you’ll be able to register with ease, redeem your promotions, and build your bets freely. Plus, when considering the very best sports betting sites, I’ll want to make sure that you are able to complete tasks both online and on the go. With this in mind, you’ll find that I detail the full user experience in my dedicated comparisons, including a full overview of the design, look, and overall feel.
Market coverage and odds
Naturally, the available betting opportunities and competitiveness of the odds will play a pivotal role in the selection process. So, I’ll also ensure that the range of sports and available betting markets are covered. You’ll find that I’ll discuss how fair the odds are, how frequently they are updated, and whether they are backed by any stats. Can you really call yourself a top
live betting sites
fan without keeping things up to speed?
Live streams and live betting
Speaking of the live betting experience, you’ll find that I devote a huge portion of my comparisons to in-play wagering opportunities. Here, you’ll find out more about the streaming capabilities of a particular platform, the available sports, the range of markets, and how competitive the in-play odds remain.
Although bonuses and promotions will not provide you with any guarantees, they will provide you with a simple and effective way to familiarize yourself with the sports betting lobby. The very
best sportsbook promotions
will all come with fair terms, streams of eligible markets, and plenty of time to meet any playthrough requirements.
Security and Support
Of course, your online safety is my number one priority. So, although perhaps not the most exciting thing to discuss, I’ll make sure that you are completely clued up on the security features utilized to help keep your experience safe and the official licenses held by each sports betting site. I’ll also take time to put support through their paces to ensure that you can feel confident of a speedy resolution should any issues arise.
More great sportsbooks in 2024
Bet now
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Bet now
Personalize your experience: Helping you to select an online betting site that ticks all of your boxes
My checklist of top attributes helps to cement the foundations of any reputable online sportsbook. However, we all need to take the time to think of a few additional perks that will help to take our experience to the next level.
Now, I’m not talking about another welcome bonus or a streamlined registration process. I’m talking about all of those important features that help to make our online betting experience more enjoyable. This list should give you a few ideas to help personalize your time online and find the right sports betting site for you.
- Live Streams:
Live streams are a great example. We are all sports fans first, right? So, being able to watch the match while watching our wagers unfold is the dream.
- Live Stats:
Due to various TV rights, you’ll find that some online sports betting sites may not provide you with the chance to live stream events. Instead, they’ll offer a live-action 2D pitch and various live stats to help you build the best-educated bets.
- Chat Rooms:
Compared with retail sportsbooks, the social element is one part of the online sports betting scene that often falls flat. However, there are a number of platforms out there that will allow you to chat with like-minded bettors, discuss strategies, and even make referrals.
- Rewards Program:
Now, I know I said no more promotions, but a rewards program is slightly different. Depending on the sports betting site you choose, you could find hotel stays, spa days, lunches, and other perks unlocked by simply depositing and betting as you normally would.
Popular Sports: Things to consider when building your sports betting strategies across US online betting sites
Before you can dive headfirst into the wonderful world of sports betting, it pays to have a strategy firmly behind you. Coach wouldn’t send you in without a game plan first, would he? So, time to get your head in the game and fine-tune your strategies with these top tips.
The Nation’s sport accounts for roughly 33% of the overall revenue from online sports betting sites. Although an unsurprising first choice for many, it is surprising how many wager blindly without a strategy in place. To get you started, I would always suggest ticking off this checklist:
- Make use of stats and facts
- Review rivalries
- Check the small print of any promotions
- Consider the stage of the season
- Don’t build accumulators from the same team
Football is another popular choice for sports bettors, accounting for roughly 27% of the overall revenue in 2023. Again, you can give yourself a greater head start than most of the pick by simply following these top tips:
- Consider offensive and defensive schemes
- Take travel into account
- Don’t disregard rivalries
Baseball is the third big-hitter in terms of revenue, accounting for at least 18% of the 2023’s total. I’d hate for you to strike out on any winnings by not following this simple checklist:
- Find the most competitive odds for prop bets
- Make sure you’ve read the bonus terms and conditions
- Consider building accumulators with batsmen from the same team
Another popular choice for US sports bettors is ice hockey. In order to get the most out of your online experience, consider following these top tips:
- Check the stats of your shooters
- Consider possession/puck time
- Review your player’s
Time on Ice
Sports Bets: Building popular wagers on a sports betting website in the US
With a little more knowledge on how to build strategies for some of the most popular sports now firmly under your belt, it feels like the right time to discuss the types of bets you can place in greater detail.
Moneylines
The moneyline is the most basic sports bet you will come across. Want to bet on who you think will win the match between the Sixers and the Cavaliers? This is the bet type you’ll want to choose.
To place your bet, you’ll be expected to click on the corresponding odds of your chosen team. Depending on the sport you have selected, you may also find that you can bet on the outcome finishing in a tie.
- Sixers (-140) vs. Cavaliers (+140)
In this example, you’ll see that the Sixers are the favorites. The -110 refers to the amount that must be wagered in order to win $100. The Cavaliers are the underdogs. The +140 refers to the amount that can be won off a $100 wager.
Spreads
A spread works in a very similar way to the moneyline. However, a positive and negative points differential has been allocated to the teams in order to “even the odds”. Rather than finding a set underdog or favorite, you’ll find that the odds remain the same for both parties – often, around -110.
These odds are achieved by adding points to the underdog and removing them from the favorite. The outcome of the fixture will then be determined +/- the points amendment.
- Sixers -8.5 (-110) vs. Cavaliers +8.5 (-110)
In this example, you’ll see that the Sixers are the favorites as they have a negative number of points allocated. In order for your bet to win, you’ll need the Sixers to win by at least 9 points. The Cavaliers are the underdogs, denoted by a positive points allocation. In order for your bet to win, you’ll need the Sixers to win by 8 points or less or for the Cavaliers to win outright.
Totals
Another popular betting market that focuses on the outcome of the match is the Totals or Over/Under market. Instead of predicting the winner of each fixture, you’ll be looking at the combined total of points scored.
You’ll often find that the
best sports betting apps
will provide a selection of potential total markets. For instance, you may have a single figure with the option of betting ‘over’ or ‘under’ a set value, ranging from 150 to 250.
- Sixers vs. Cavaliers: Over 198.5 points
In this example, you’ll see that I am predicting that the combined total of the Sixers vs. Cavaliers match will end with more than 198.5 points being scored. This can be split either way, and I am not required to select an outright winner of the match.
Proposition Bets
Proposition, or ‘prop’ bets provide an alternative way to bet on a specific fixture without focusing your efforts on the outcome. Instead, you’ll select individual or team events that will occur throughout the fixture.
Depending on your chosen sport, this can range from the number of rebounds a certain player makes, the number of steals a player makes, the team to reach X number of points first, and so on. Rather than giving you an overview of one clear example, take a look at the kind of prop bets you may find associated with an upcoming Sixers vs. Cavaliers game.
- Sixers:
First team to 50 points
- Joel Embiid:
10+ rebounds
- Tyrese Maxey:
Anytime assist
- Cavaliers:
1+ Field Goals Missed
Although I’ve briefly touched upon bonuses and promotions, it is only right that I talk you through the full roster of potential promotions that you may stumble across. While they may not provide you with any guarantees, there is no doubt that they provide you with some great chances to test your strategy without ever using your cash balance.
Deposit match
The deposit match bonus is one of the most popular promotions you will come across. Many of the best sports betting sites will offer a matched bonus at the welcome stage, allowing you to match your first deposit up to a certain value.
For example, you may find that you can redeem a 100% match of up to $500. The matched portion of your bonus will then be added to your account in the shape of bonus bets. These bonus bets must then be played through before they can be considered as part of your cash balance.
No deposit
The no deposit bonus is a simple but effective promotion that allows you to pick up some bonus bets without making a deposit on-site. Instead, you’ll work your way through the registration process, enter any promotional codes, and verify your account to receive your bonus.
Again, these bonus bets will then need to be played through before they can be considered as part of your cash balance. As no deposit is required, you will often find that these promotions are comparatively smaller than other promotions, too.
First bet offer
The first bet offer is a great choice for those who are looking to join a new platform and test out any strategies. This promotion does not reward you with bonus bets from the off. Instead, you’ll make your deposit, place your bets, and receive bonus bets only if your first wager fails.
For example, you may have unlocked your first bet offer and placed a $10 wager on the NBA. If your wager loses, you’ll then find $10 in bonus bets added back into your account. Of course, if you win, you will simply leave with your winnings.
Blacklisted: Online sports betting sites to avoid
We’re all here for a good time, right? This is exactly why I suggest sticking with legitimate online sportsbooks that have secured official state-specific licenses and have been externally vetted.
Although you may find offshore sites boasting sizable bonuses and promotions, competitive odds, and impressive payout speeds, the truth is that you have no legal standing should anything go awry. Unfortunately, I’ve fallen victim to the odd scam site or two long before all of these industry checks were put in place.
At least now, you have the comfort of knowing that all of my recommended online sportsbooks are backed by genuine organizations looking at providing you with a safe, secure, and competitive time online.
Find yourself one of the best sports betting sites today
Happy with all of this newfound knowledge? I sure hope so. Now, all that is left is to find yourself an online sports betting site that ticks all of your boxes.
To help you along the way, I’ve made sure that you can make use of the banners on-site and can check out my dedicated reviews of the very best US sportsbooks in December. Here, you’ll notice that I’ve covered everything from available markets and ongoing promotions, to response times of support and mobile accessibility. What are you waiting for? Let’s find you a site that’s packed with potential.
Sports Betting Sites FAQ
⚽Have any states legalized sports betting and are ready to launch in 2024?
Yes. Vermont has already opened its virtual doors to sports bettors in January. Next, it looks like North Carolina will be launching just in time for March Madness.
🎯Can I access sports betting sites on the go?
Yes. Almost all credible online sportsbooks in the US will allow you to enjoy the experience through your mobile browser or via a dedicated mobile app. You can check the banners on-site to find some of my latest recommendations.
🤑How do bonuses work at online sportsbooks?
Compared with retail bookmakers, you’ll find more opportunities to pick up bonus bets and various other promotions at an online sportsbook. You may be expected to enter a promotional code, make a qualifying deposit, and meet certain playthrough requirements before they are added to your cash balance.
