Top IN Online Sportsbooks & Promo Codes

Best Indiana Sports Betting Sites for 2024: Top 10 IN Online Sportsbook Offers

The Indiana sports betting market has skyrocketed since its legalization in 2019, with a diverse array of apps and sites packed with features that rival the Vegas of old.

Join us as we navigate this exciting world — your ultimate resource for online sports wagering in the Hoosier State, with BetMGM leading the charge!

Whether you’re looking to bet on the Indiana Pacers, the Indianapolis Colts, or other local teams, we’ve compiled the ultimate guide that explores Indiana’s dynamic sports betting scene, ensuring you’re well-equipped for the action.

Best Indiana Sportsbook Promos

BetMGM: Bet $5, Get $150 in Bonus Bets
Borgata: Bet $20, Get $100 in Bonus Bets
BetRivers: Second Chance $500 Bonus Bet
FanDuel: Bet $5, Get $150 in Bonus Bets
DraftKings: Wager $5 and get $200 in Bonus Bets

Whether you’re an Indiana resident or an out-of-state visitor looking to try your luck at sports betting while enjoying Hoosier hospitality, you can use the above bonuses to boost your bankroll.

Let’s learn more about online sports betting in Indiana, shall we?

Indiana Sports Betting Law: Guide to Legal Betting in Indiana

As the landscape of legal sports betting expands across the United States, Indiana has joined the ranks of states opening the door to the sports betting industry.

Whether you’re a seasoned punter or a curious newcomer, understanding the ins and outs of Indiana sports betting is crucial to navigating the scene with confidence.

From the legalities and regulations that govern the industry to the diverse betting options and strategies that can enhance your experience, there’s a wealth of information to consider.

Below, we’ll delve into everything you need to know about Indiana sports betting, giving you the knowledge to place your bets wisely and responsibly.

Is Online Sports Betting Legal in Indiana?

Yes, online Indiana sports betting is legal. The Hoosier State legalized sports betting in May 2019 when Governor Eric Holcomb signed the Indiana sports betting bill into law.

The first sportsbooks opened in September 2019, and online sports betting platforms also launched in the same year.

Who Can Legally Bet in Indiana?

To participate in Indiana online sports betting, individuals must be at least 21 years of age.

Residents and visitors in Indiana who are 21 years of age or older can legally place bets on various sports through several licensed online sportsbooks.

What Legal Online Sportsbooks are Available in IN?

Indiana has a growing list of legal online sportsbooks, toppling well over a dozen sites with many more en route. This includes top legal sites like BetMGM and Borgata.

What Sports Betting Markets Can I Bet on in Indiana?

Indiana sports betting apps and sites offer a wide range of sports for betting enthusiasts.

Bettors can place wagers on major professional sports leagues such as the NFL, NBA, MLB, UFC, and NHL. Additionally, college sports, including football and basketball, are available for betting.

The entire world is at your fingertips with Indiana sports betting sites offering sports betting markets for nearly every worldwide sport, including cricket, rugby, tennis, Australian Rules football, golf, and, of course, soccer.

Best Indiana Sports Betting Sites

Check out our reviews below to see the unique features that set these Indiana betting apps apart from their competitors.

1. BetMGM – Best Indiana Sports Betting Site Overall

BetMGM Sports Indiana

Pros: 

22+ sports categories
$150 in bonus bets
Highly rated mobile app
$100 referral bonus
Various odds boost tokens available

Cons:

BetMGM opened its doors to Indiana players in February of 2020, just months after Indiana legalized sports betting.

They’ve since emerged at the top of the pack, offering nearly two dozen sports to bet on with hundreds of markets and offer some of the best odds for the major leagues.

When you sign up today at this impressive Indian sports betting platform and bet $5 on any game as your first wager, BetMGM will give you $150 in bonus bets instantly, regardless of the outcome of your initial bet.

User Ratings: 4.8 (iOS), 4.1 (Android)
Deposit Bonus: $150
Payout Speeds: 1 – 4 business days

>> Grab $150 in bonus bets

2. Borgata – Best Indiana Sports Betting App for Prop Bets

borgata sports

Pros:

Bet $20 and get $100
Dozens of props on most games
20+ mainstream & niche sports
Live streaming is available
Close to 20 payment options

Cons:

Doesn’t offer horse racing
Would benefit from more regular bonuses

If you enjoy the wild world of prop betting, look no further than Borgata. This world-renowned online sportsbook offers dozens of props for most regular season games across all major sports, with even more propositions offered during playoffs and championship games.

Currently, Borgata is one of the few Indiana sportsbooks offering a makeshift deposit bonus for new punters — after funding your account, make your first wager of $20 or more to receive $100 in bonus bets!

User Ratings: 4.7 (iOS), 3.8 (Android)
Deposit Bonus: Bet $20 and get $100
Payout Speeds: 1 – 2 business days

>> Bet $20 to get $100 in bonus credits

3. BetRivers – Top Loyalty Rewards of Any Indiana Online Sportsbook

betrivers sports

Pros:

Generous iRush Rewards scheme
$500 second-chance bonus bet
Exciting Prop Central feature
Bet on 20+ sports
No minimum odds on bonus bet qualifying wager

Cons:

Interface a bit cluttered
Fewer regular bonuses

BetRivers isn’t as popular as some other Indiana sportsbooks like BetMGM or Borgata, but they’re establishing a name and distinguishing themselves from the competition with an engaging rewards program.

Loyal users will receive points for each wager, and they conduct weekly specials for avid sports bettors.

As you go through the 11 stages of their iRush Rewards program, you’ll have access to even greater incentives. Claim exclusive deals, luxurious gifts, personalized account management, and more!

And if you use the deposit code SPORTS when making your first deposit, you will get a second-chance bet up to $500!

User Ratings: 4.4 (iOS), 3.3 (Android)
Deposit Bonus: Up to $250 in bonus bets
Payout Speeds: 1 – 5 business days

>> Score up to $500 in second-chance bets

4. FanDuel – Best IN Online Sportsbook for Betting Variety

fanduel sports

Pros:

Bet $5 & get $200
7+ DFS options
20+ mainstream sports
Refer a friend and get a $50 bonus
Parlay Hub betting tool

Cons:

Could feature more niche sports
Wager must win for bonus

FanDuel may have 19+ major sports categories covered with competitive markets and popular same-game parlays, but they’re best known as a daily fantasy sports (DFS) betting site.

Consistently ranked as one of the best DFS sites, They go above and beyond by presenting seven fantasy sports categories in addition to football.

Choose your favorite players, guide your club through a fast-paced simulated season, and win real money if your predictions are accurate. You may compete in fantasy baseball, football, hockey, soccer, golf, basketball, and even fantasy NASCAR.

On the sports betting side of things, you’ll have plenty of betting options and markets, especially with the major sports leagues. There are also plenty of free to play contests with huge prizes, including a recent Kick of Destiny 2 promo that featured a whopping $10,000,000 prize pool.

User Ratings: 4.8 (iOS), 4.7 (Android)
Deposit Bonus: Bet $5, get up to $200
Payout Speeds: 1 – 5 business days

>> Bet $5 and get $150 in bonus bets

5. DraftKings – Top Indiana Online Sports Betting Site for Live Bets

draftkings sports

Pros:

24-48 hour withdrawals
Bet $5 get $200 instantly
Solid odds booster
High app ratings
Solid live betting interface

Cons:

Props are sometimes limited
Cluttered website

DraftKings is synonymous with DFS when it comes to Indiana sports betting, making them a go-to favorite for Indiana punters.

In addition to the competitive odds offered across 20+ sports, Indiana bettors like this online sportsbook because of their expeditious payouts.

If you love placing live wagers, both the app and desktop site are snappy and highly responsive, allowing you to grab the latest odds the moment they pop up.

New players receive $200 in bonus bets when they wager $5 after signing up.

User Ratings: 4.9 (iOS), 4.6 (Android)
Deposit Bonus: Bet $5 get $200
Payout Speeds: 24-48 hours

>> Wager $5 and get $200 in bonus bets

Overview: Comparing the Best IN Online Sports Betting Sites

Indiana Sportsbook
BetMGM
Borgata
BetRivers
FanDuel
DraftKings

Bonuses and Promos
4.8/5
4.5/5
4.7/5
4.6/5
4.6/5

Security and Licensing 
5/5
5/5
5/5
5/5
5/5

Features 
4.9/5
4.7/5
4.8/5
4.9/5
4.9/5

Sports Coverage 
4.6/5
4.5/5
4.8/5
4.7/5
4.6/5

Mobile App 
4.9/5
4.8/5
4.7/5
4.6/5
4.6/5

Bet Types 
4.8/5
4.9/5
4.6/5
4.5/5
4.4/5

Banking Options
4.9/5
4.7/5
4.6/5
4.8/5
4.8/5

Customer Service 
5/5
4.9/5
4.8/5
4.9/5
4.8/5

Overall 
4.9/5
4.8/5
4.7/5
4.6/5
4.4/5

History of Sports Betting in Indiana

Indiana sports betting has evolved significantly over the years, culminating in a fully regulated market that allows for both retail and online wagering.

Before the legalization of sports betting, Indiana, like many other states, had strict gambling laws prohibiting such activities. However, there was a notable interest in sports and gambling among its residents, which set the stage for future legislative changes.

The United States Supreme Court played a pivotal role in the history of sports betting in The Hoosier State. On May 14, 2018, thanks to the charge of former New Jersey governor Chris Christie, the Court struck down the Professional and Amateur Sports Protection Act (PASPA) of 1992, which had effectively outlawed sports betting nationwide, excluding a few states.

This landmark decision allowed states to legalize and regulate sports betting as they saw fit, and Indiana wasted no time capitalizing on this new opportunity. In May 2019, Governor Eric Holcomb signed HB 1015 into law, legalizing sports betting in the state.

Following the repeal of PASPA, Indiana swiftly joined the ranks of states legalizing sports betting, solidifying its position as a pioneer in the industry. The first legal sports bets in Indiana were placed on September 1, 2019, at several retail sports betting locations across the state.

The initial rollout was limited to physical sportsbooks located within casinos, racetracks, and other gaming facilities, but the real game-changer came on October 3, 2019, when online and mobile sports betting platforms were launched in Indiana.

This allowed bettors to place wagers from anywhere within the state’s borders using their smartphones or computers.

The introduction of online betting significantly increased accessibility and convenience for bettors and played a crucial role in the rapid growth of the market.

Since its legalization in 2019, sports betting has rapidly grown into a significant part of Indiana’s gaming industry. With robust regulatory oversight and a competitive market environment, it offers residents and visitors a wide array of options for wagering on sporting events.

Indiana Sports Betting Rules & Regulations

Indiana bettors, listen up: before you start gambling with Indiana sports betting sites, take a look at these important rules. We’ve broken down all the legal jargon into bite-sized chunks.

Geo-Fencing (Location Restrictions)

In order to legally enjoy sports betting in the great state of Indiana, you need to be located within the state’s borders.

Notably, you don’t have to be a resident. For example, if you’re visiting your aunt in Hoosier City on a road trip from Michigan, you can indulge in online gambling, including sports betting.

Indiana online sports betting sites do utilize geo-location software to determine your location before allowing you to create a new account. In accordance with IN sports betting law, you can’t use a VPN or proxy server to manipulate your current location.

Online, Mobile, and IRL Sports Betting

Both online and land-based gambling activities are legal in Indiana. The Indiana Gaming Commission (IGC) is responsible for overseeing all forms of gambling in the state, including Indiana sports betting online and land-based sportsbooks.

Uncle Sam’s Cut (Tax Regulations)

Indiana has specific tax regulations related to gambling winnings. It’s important to note that tax laws can change, so it’s always a good idea to check the most current information or consult with a tax professional.

You can expect to pay a 24% federal tax and 3.23% state tax on your winnings, but look on the bright side! Indiana bettors who keep records of their betting losses have a tax write-off.

Age Restriction for IN Sports Betting

You must be 21+ years of age to partake in legal sports wagering in Indiana.

This age restriction applies to brick-and-mortar casinos, retail sportsbooks, and IN online sportsbooks all the same. All forms of gambling (with the exception of horse racing and lotteries) are limited to 21 or older.

College + NCAA Sports Betting

Indiana is very unique when it comes to betting on college sports compared to most other states where sports betting has been legalized. Here are the primary rules when it comes to betting on college sports in Indiana:

College sports betting is legal in the state of Indiana, including on college teams located within the state. So, you can go ahead and safely put some action on the Indiana Hoosiers or the Purdue Boilermakers.
Indiana allows all the popular bet types, such as moneylines, point spreads, over/under, and props.
Though you can place prop bets on professional athletes, Indiana does not allow individual prop bets on college athletes.

Legal vs. Offshore Sports Betting Sites

The Indiana Gaming Commission monitors and regulates legal sports betting platforms in the state. This extends to all online sportsbooks, and “offshore” sites are illegal to use. Make sure you’re using any of the 12+ legal IN gambling sites to place online wagers.

Pros and Cons of Online Sports Betting in Indiana

The IN online sports betting market is thriving, but in the spirit of objectivity, we created a list of pros & cons you should consider.

In our humble opinion, the positives of placing bets at the best online sportsbooks in the state outweigh the negatives!

However, visiting a retail sportsbook in person has its benefits for sharp bettors and high rollers.

Pros:

Excellent bonuses for new sign-ups
Place legal sports bets from home
Competitive odds on major markets
Live-stream events at no charge
The increased Indiana sports betting handle leads to larger state revenue

Cons:

Must be physically present in Indiana
Some bonuses have wagering requirements
Frequent winners could have their accounts limited

How to Join an Online Indiana Sportsbook & Bet on Sports

BetMGM Sports Signup

If you’re ready to dive into the IN sports betting market, follow our step-by-step guide for new sign-ups.

We’ve simplified the registration process, so you have no excuse not to get started.

1. Choose a Sports Betting Site in Indiana

Choose an Indiana sportsbook.
Our first suggestion is BetMGM.
Click the gold “Register” button.
Allow the site to access your location (if prompted).

2. Create a New Online Betting Account

Enter your email address & create a password.
Fill out any required details on the next screen.
Choose your preferred currency & click “Next.”
Accept their T&Cs and click “Register” again.

3. Verify Your Email Address & Identity

Check your email inbox for a new message.
Click the link inside to verify your account.
Take a picture of your driver’s license and most recent utility bill.
Use the Document Uploader to verify your identity through KYC.
Wait 1 – 2 business days for a representative to confirm your ID.

4. Deposit & Claim Your Bonus!

Go to your sportsbook account and click “Deposit.”
Choose your payment method from the next screen.
Toggle the “Use Bonuses” switch or enter a promo code.
Enter the amount you’d like to deposit and click “Confirm.”
Claim your free bonus bets and enjoy IN sports wagering!

Notable Sports Teams in Indiana to Bet on

Indiana is home to several notable teams for both professional and college sports alike.

You’ll be able to bet on all of these teams at the best Indiana online sportsbooks:

Indianapolis Colts (NFL): A member of the AFC South division of the NFL, the Colts have served as the host team for the NFL Scouting Combine since 1987. This team has seen significant success over the years, claiming three NFL championships and two Super Bowl victories (1971, 2007).
Indiana Pacers (NBA): The Pacers have a solid fan base and have been competitive in the NBA, making several playoff appearances, though the NBA Championship has eluded the team despite the efforts of legendary players through the years like Reggie Miller and Rik Smits.
Indiana Fever (WNBA): The Fever play in the Eastern Conference of the Women’s National Basketball League, and they won their first WNBA Championship in 2012.
Indy Eleven (USL Championship): Indy Eleven is a professional soccer team based in Indianapolis, competing in the USL Championship.
Notre Dame Fighting Irish: The University of Notre Dame’s athletic teams are highly notable, especially their football program. Located in South Bend, Indiana, Notre Dame’s football team has a rich history and tradition, with multiple national championships to its name.
Purdue Boilermakers and Indiana Hoosiers: Both Purdue University and Indiana University have storied athletic programs that compete in the Big Ten Conference of NCAA Division I sports. Their basketball and football teams, particularly, have strong followings and histories of success. These teams represent some of the most significant and passionately followed sports franchises and university programs in Indiana, spanning across major American sports leagues and college athletics.

Guide to Other Gambling Options in Indiana

Casino Gambling in Indiana

Indiana has several casinos that offer a wide range of games, including slot machines, table games like blackjack, roulette, craps, and poker, as well as other casino-style games.

There are several land-based casinos to whet your appetite, including:

Horseshoe Hammond
Indiana Grand Racing & Casino
Harrah’s Hoosier Park Racing & Casino
French Lick Casino
Hollywood Casino Lawrenceburg
Caesars Southern Indiana Casino
Blue Chip Casino
Casino at Belterra Casino Resort
Four Winds Casino South Bend
Bally’s Evansville Casino & Hotel
Rising Star Casino

The Indiana State Lottery

The Indiana Lottery offers a variety of lottery games, including scratch-off tickets and draw games like Powerball, Mega Millions, and various state-specific games.

Horse Racing and Off-Track Betting

Betting on horse races is legal in Indiana, both at racetracks and off-track betting facilities, with the Horseshoe offering the most popular quarter and thoroughbred racing in the state.

Daily Fantasy Sports

Daily fantasy sports (DFS) sites are legal and regulated in Indiana.

Major DFS operators, including DraftKings and FanDuel, offer their services to Indiana residents.

Online Gambling in Indiana

While online casino gambling is not explicitly legal in Indiana, the state does allow online sports betting and online wagering on horse races.

Ready to Wager at the Best Indiana Betting Sites and Apps?

Indiana’s journey with sports betting has been a notable one, reflecting a broader trend across the United States toward the legalization and regulation of this form of gambling.

Since its legalization in September 2019, sports betting in The Hoosier State has not only provided an additional stream of revenue for the state but also brought about discussions on responsible gambling and the importance of safeguarding the interests of bettors.

As top-tier sportsbooks roll out the red carpet online, you can bag yourself a hefty welcome embrace of bonuses at all of the sites we’ve listed, but our go-to recommendation is BetMGM.

Whether you’re a big roller or a casual punter, always approach the game of chance with enthusiasm and a dose of old-fashioned responsibility. After all, isn’t that what makes the gamble so exciting?

Indiana Sports Betting – FAQs

We’ve answered your burning questions about sports betting and online gambling sites in Indiana.

Before you choose an online sportsbook app, be sure to weigh your options carefully!

Is Sports Betting Legal in Indiana?

Yes, sports betting is legal in Indiana.

The state legalized both retail and online sports betting in May 2019, and the first bets were placed in September 2019. Indiana allows sports betting on professional and college sports, except for in-game player props on college athletes.

What Is the Best Indiana Sports Betting App?

BetMGM is the best IN sports betting app. They host competitive odds for 22+ popular categories, adding up to hundreds of betting markets, and they promise up-to-the-minute coverage on the latest events.

If you place a wager worth $5 or more, you’ll instantly get $150 in bonus bets. In fact, BetMGM also took the top position in our guide that outlines the best Colorado sportsbooks, so it’s a great choice overall.

Can I Bet on Live Sports in Indiana?

Yes, you can bet on live sports markets in Indiana with any of the sportsbooks we’ve listed.

BetRivers offers an outstanding assortment of in-game NHL markets, and you can watch live events for free! FanDuel also offers live markets for football, basketball, tennis, and cricket.

Is Daily Fantasy Sports (DFS) Legal in Indiana?

Yes, DFS betting is legal in Indiana for players aged 18+ and older. FanDuel is the best option for daily fantasy betting, and they host 7+ categories!

Pick your own teams for basketball, football, soccer, golf, hockey, baseball, and NASCAR to win real money!

Do I Have to Live in Indiana to Bet on Sports?

No, you don’t have to live in Indiana to bet on sports in The Hoosier State; however, you do need to be located within the state’s geographical borders to legally place bets.

What Is the Legal Age for Sports Betting in Indiana?

With the exception of horse racing and daily fantasy sports (DFS) betting, both of which carry an 18+ age restriction, the legal age for sports betting in Indiana is 21+.

IN sportsbooks verify your ID before allowing you to withdraw winnings, so there’s no point in lying during registration.

What Taxes Do I Have to Pay on My Sports Betting Winnings in Indiana?

You have to pay both federal and state taxes on your gambling winnings in Indiana.

The federal tax rate is usually 24% for winnings over $5,000. The state tax rate is 3.23% for all gambling winnings, regardless of the source or amount.

You should receive a W-2G form from the gaming operator that shows your earnings and the taxes withheld. You can also deduct your gambling losses from your taxable income, up to the amount of your winnings, if you have proof of your losses.

Is Prop Betting Popular in Indiana?

Yes, prop betting is extremely popular among Indiana sports bettors.

Prop betting, formally known as proposition betting, is very popular in most major sports, particularly in its roots in NFL games.

The first-ever prop bet offered was formed out of Las Vegas for Super Bowl XX between the legendary ’85 Chicago Bears and the New England Patriots, and it was a simple yes or no question: Will William Perry score a touchdown?

William Perry did score a touchdown in that storied Super Bowl, so those who bet “Yes” won.

Because the vast majority of NFL prop bets have nothing to do with which team wins the game, this is an excellent example of how most NFL prop bets work.

Thanks to the director of Caesar’s Sportsbook in 1985, Art Manteris, creating that proposition for Super Bowl XX, prop bets are popular for most NFL games throughout the season, along with most of the major league sports.

Common props often include which team will turn the ball over first, the margin of the longest passing touchdown, and whether or not there will be a safety during the game, among dozens of others.

Once January arrives and the NFL playoffs begin, the options of prop bets explode with extra betting choices that aren’t often available during NFL regular season games. These props are a lot of fun to bet on and add to the entertainment and excitement of a game.

There are even bizarre prop bets you can place during many playoff games and certainly for the Super Bowl, from how many celebrities will be shown on camera during the broadcast to what songs will be performed during the halftime performance.

What Are the Most Popular Sports to Bet on in IN?

In Indiana, as in many other places where sports betting is legal, there are several sports that attract significant betting interest.

The most popular sports to bet on typically include:

Football: The NFL, with the Indianapolis Colts as the local favorite, is a major draw for sports bettors in Indiana. College football also garners a lot of attention, especially during bowl season.
Basketball: The Indiana Pacers of the NBA is a popular choice for Indiana bettors, and college basketball, particularly during March Madness, sees a lot of action as well.
Baseball: Though The Hoosier State does not have an MLB team, nonetheless, baseball betting is also popular (particularly during the playoffs and the World Series).

You’ll routinely find sports-specific promotions from all the top Indiana online sportsbooks we’ve listed, especially during the playoffs.

 

DISCLAIMER: 21+ only. The information on this site is for entertainment purposes only. Online gambling comes with many risks. Players are advised to gamble responsibly and only use funds they can afford to lose. Remember, gambling is only intended for entertainment purposes and is not a solution to any financial difficulties.

Gambling laws and policies vary from one region to another. Some sites mentioned in this guide may not be accessible in your area. Always do your due diligence and check your local laws.

If you suspect you’re becoming addicted to gambling, seek help immediately by contacting the National Gambling Helpline at 1-800-522-4700.

The following resources may be helpful as well:

ONLINE SPORTSBOOK PRESENTED BY RIVERS CASINO PITTSBURGH • ONLINE CASINO PRESENTED BY RIVERS CASINO PENNSYLVANIA • MUST BE 21 • GAMBLING PROBLEM? CALL 1-800-GAMBLER

Author: Benjamin Howard