Illinois Sports Betting Laws
There are plenty of different states in the United States that have legalized sports
betting. Some of these states have expanded their online gambling options while
others are debating the issue. However, in the case of Illinois jomcuci918, there are some
specifics to know about this state’s online betting law.
In the past, there were only a few options for online betting in the United States.
Those included Las Vegas, Nevada. While Nevada had casinos, it also had pre-
existing sports lotteries. The state had also passed an anti-gambling law, PASPA,
which barred gambling on professional and amateur sports jomcuci918 e-wallet. Fortunately, the
Supreme Court overturned the ban in 2018, giving the state the option to legalize
sports betting.
Since then, other states have started to consider the issue. Pennsylvania and Illinois,
for instance, have both legalized sports betting in the past two years. Whether or not
you live in these states, you can find a variety of A-list online sportsbook apps that
will enable you to place bets. If you want to make your own bets, however, you’ll
need to first learn the rules for betting on sports.
Illinois sports betting laws allow for both mobile and in-state bettors to sign up and
start wagering. The state’s first mobile sportsbook will launch in January of 2022.
During the summer of 2019, the Gaming Board of Illinois opened a public comment
period to gather input from the general public. When the comments were received,
the board began developing its regulations.
In June of 2020, the IGB issued seven master sports betting licenses to three of the
nation’s leading gaming operators. These companies will be able to offer retail
sportsbooks, and in June of 2021, they will also be able to launch standalone mobile
sportsbooks. Online registration will be available in March of 2022. This will allow in-
state bettors to place bets from home, or visit a professional sports venue.
For the next two years, retail sportsbooks will operate in multiple locations
throughout the state. The Illinois Gaming Board (IGB) will oversee the state’s sports
betting market and develop the rules for legal sports betting in the state. Once the
first sportsbook opens, it will be followed by additional licensees. Each of these
licensees will be responsible for establishing and enforcing their own set of
regulations.
Illinois lawmakers have decided to create a “college carve-out” in their sports
betting law. This will allow the state’s residents to bet on sports games played by
their state’s college teams. Currently, collegiate football and basketball are not
covered by the law.
Before you can make a bet, however, you’ll need to make a deposit. The most
common deposit method is a credit card. You can also use debit cards, which will be
deposited into your account. Most sites require a certain amount to be deposited
before you can begin betting.
Online betting in Illinois will be legal in March of 2022. Retail sportsbooks will open in
July of 2020, and in June of 2021, they’ll be able to offer betting on in-state college
teams. Unlike other states, Illinois will still be prohibited from allowing player prop
bets for collegiate games.