Indiana Sports Betting

Indiana bettors have a huge variety of legal online sportsbooks at their fingertips and the action should only get better. Indiana sports betting revenue saw a betting handle of $355.4 million in September, a significant increase from the previous month.   

With the 2021 NFL Season underway, Indiana bettors have access to more lines and promotions than ever. It’s a good idea for NFL bettors to join multiple platforms to shop the odds and ensure the highest profit margins.

Compared to other states with sports betting, Indiana has very few restrictions. Here, you can even place in-game bets on Indiana colleges as well as TV events like the Oscars.

For sports bettors of all stripes, it doesn’t get much better than Indiana.

Best Sportsbook Apps In Indiana

DraftKings Sportsbook Indiana (9.75/10)

Visit: DraftKings Indiana and get up to $1,000 Deposit Match Bonus

• Welcome Offer: 20% deposit match up to $1,000 + $50 free bet with $5 deposit
• Available Platforms: iOS App, Android App, Web Browser
• Retail Partner: Ameristar Casino East Chicago
• Highest Rated Sportsbook App in Indiana
• Flawless mobile platform in terms of navigation and reliability
• Great odds and exclusive lines
• Offers both PayPal and Skrill for deposit and withdrawal (plus credit/debit, online bank transfer, and more.)

If you could only choose one sportsbook in Indiana, DraftKings would be a safe bet. It offers hands down the best mobile app for iOS and Android, and their odds usually match or beat all competitors. 

Deposit $5 or more to receive a $50 free bet with our exclusive link. That’s like a 1,000% deposit match credited as a free bet, which is one of the most generous online sports betting welcome bonuses.

DraftKings Indiana also technically has the highest deposit-match bonus up to $1,000, but it matches it by 20%, meaning you need to deposit $5,000 to receive the maximum amount. For most bettors, the 100% deposit match up to $250 at BetRivers Indiana is better.

But if you only bet on your mobile device, the DraftKings Indiana Sportsbook is leagues better than BetRivers – and most other sports betting apps for that matter.

BetMGM Sportsbook Indiana (9.25/10)

Visit: BetMGM Indiana and get up to $1,000 Risk-Free Bonus

• Welcome Offer: Risk-free bet up to $1,000
• Available Platforms: iOS App, Android App, Web Browser
• Retail Partner: Belterra Casino
• Tied for best app rating with DraftKings: 4.8 out of 5.0
• Massive market depth, including exclusive sports offerings
• Parlay Plus boosts parlay profits up to 40%
• Allows cash deposits and withdrawals at Belterra Casino cage (plus PayPal, credit/debit, online bank transfer, etc.)

BetMGM Indiana has arguably the best mobile platform in the US, with a quality that’s right alongside the big dog sportsbook apps like FanDuel and DraftKings. 

They also have competitive odds on moneyline and points spread bets. It also has some of the most lucrative features, including the Parlay Plus option that increases parlay profits from 5% to 40%. If you’re a parlay bettor, even a 2- to 3-leg parlay can result in bigger wins at BetMGM than anywhere else. Plus, you can utilize the convenient “Easy Parlay” to combine the most popular wagers across multiple sports.

Where BetMGM Indiana also offers the same size welcome bonus as FanDuel with a risk-free bet up to $1,000. However, the terms and conditions differ.

Caesars Sportsbook Indiana (8.2/10)

Visit: Caesars Indiana and Claim a $1,001 first bet match

• Welcome Offer: First bet match up to $1,001
• Available Platforms: iOS App, Android App, Web Browser 
• Retail Partner: Tropicana Casino
• Live betting is the cornerstone of the Caesars app
• Creative bet boosts
• Competitive odds and moderate vig
• Accepts PayPal for deposits and withdrawals as well as credit/debit, online bank transfer, and more.

Caesars Sportsbook does its name recognition justice by applying its renowned Caesars Rewards program to its online betting customers. Members at Caesars Indiana Sportsbook can earn points by placing bets in-person at Caesars Entertainment properties (Isle, Tropicana, Horseshoe, Harrah’s, etc.) as well as online via the Caesars Sportsbook app in Indiana.

But before you earn rewards at Caesars Sportsbook, you can get your first bet matched up to $1,001 with promo code TODAYRF.

BetRivers Sportsbook Indiana (7.5/10)

Visit: BetRivers Indiana And Claim $250 with Bonus Code: SHARP250

• Welcome Offer: 100% deposit match up to $250
• Available Platforms: Android App, Web Browser
• Retail Partner: French Lick Resort
• Doubles first deposit up to $250 with only 1x wagering requirement
• Competitive odds worth checking before placing a bet
• iRush Rewards offers a great loyalty program to regular bettors
• Credit and debit card accepted for deposits and withdrawal

Despite the fact that BetRivers Indiana does not yet have an iOS App in a state where at least 80% of bets are placed on mobile devices, it offers what may well be the best welcome bonus in US sports betting. Indiana bettors can also wager on their mobile devices directly on the BetRivers website.

The welcome bonus is a 100% deposit match up to $250. That means you double your money when you first join. Then you just have to wager the deposit and bonus amount one time on odds -200 or longer to withdraw winnings. This can be any combination of bets within those requirements, even wagers as low as $1. That kind of freedom and the 1x wagering requirement make for the best T&Cs of any Indiana sports betting app.

Plus, BetRivers Indiana has odds that often beat out the likes of DraftKings and BetMGM for certain events, and the site offers tons of promotions and odds boosters (called “House Specials”).

FanDuel Sportsbook Indiana (9.5/10)

Visit: FanDuel Indiana and Claim a $1,000 Risk Free Bet

• Welcome Offer: Risk-free bet up to $1,000
• Available Platforms: iOS App, Android App, Web Browser 
• Retail Partner: Blue Chip Casino
• Highly Rated Mobile Platform
• Exclusive Daily Tournaments
• Often Unbeatable Odds
• Same login across DFS and sportsbook platforms
• Accepts PayPal for deposits and withdrawals as well as credit/debit, online bank transfer, and more.

FanDuel Sportsbook was the first sports betting site and app to launch in Indiana. But despite receiving tons of competition since, it remains one of the most popular platforms in the state. 

The reason is simple: FanDuel Indiana offers odds that rival anyone, some of the best ongoing promotions and tournaments, and a smooth, intuitive, and reliable mobile app.

New members can receive a risk-free bet up to $1,000. But existing members have access to a wide range of additional offers in both FanDuel Sportsbook and FanDuel DFS.

Unibet Sportsbook Indiana (9/10)

Visit: Unibet Indiana and Claim a $500 Risk Free Bet with promo code BETBONUS

• Welcome Offer: Risk-free bet up to $500
• Available Platforms: iOS App, Android App, Web Browser 
• Retail Partner: Caesars Horseshoe Hammond
• User Friendly Mobile Platform
• Good risk-free bet offer
• Great international sports selection
• Various options for deposits and withdrawals as well as credit/debit, online bank transfer, and more.

Unibet Sportsbook Indiana has great options for bettors who are interested in betting on international sports. The mobile app is easy to navigate. While it may not have as many features as apps like DraftKings or FanDuel, it has everything bettors need in a clean and simple display.  

PointsBet Sportsbook Indiana (8.5/10)

Visit: PointsBet Indiana and get up to $2,000 in Risk-Free Bets

• Welcome Offer: Fixed-odds risk-free bet up to $500 & up to $1,500 on your first Pointsbetting wager with code BESTOFFER
• Available Platforms: iOS App, Android App, Web Browser
• Retail Partner: Lawrenceburg’s Hollywood Entertainment
• Range of American and international sports
• “No Juice” on select points spread bets for NFL playoff games and more
• Unique PointsBetting feature for totals wagering
• $5 minimum deposit and $50,000 maximum deposit with no minimum withdrawal

PointsBet has a lot to offer in terms of unique betting features. The most notable is PointsBetting, where over/under totals trigger multipliers that apply to both losing bets and winning bets. That means a $5 bet could be a $50 loss if you’re off by 10 points, but it could also mean a $50 payout if they score well over or well below the sportsbook’s total.

The PointsBet Indiana welcome bonus is two risk-free bets up to $2,000 with promo code BESTOFFER. 

PointsBet Indiana also offers a minimum deposit of $5, and there is no minimum withdrawal, which makes it a highly accessible platform for low-stakes bettors.

WynnBET Sportsbook Indiana (8.2/10)

Visit: WynnBET Sportsbook and get a risk-free bet up to $1,000

• Welcome Offer: Risk-free bet up to $1,000
• Available Platforms: iOS App, Android App, Web Browser
• Retail Partner: Rising Star Casino Resort
• Decent odds and regular promotions
• Up-and-coming sportsbook growing and expanding quickly in legal US states

New on the US sports betting scene, WynnBET Sportsbook is now available in New Jersey, Michigan, Colorado, Indiana, Tennessee, and Virginia.

WynnBET is a partner of Wynn Resorts and European sports betting powerhouse BetBull. Displaying the signature classy, polished look of the Wynn Resorts brand, this sportsbook offers a top-notch selection of domestic sports and an excellent user interface.

WynnBET Sportsbook is likely to improve rapidly with time, enabling it to compete with the big players in the US legal sports betting industry. When new players join, they currently receive a competitive welcome bonus of up to $1,000 as a risk-free bet.

All Indiana Sportsbook Sites

How To Place A Bet In Indiana

Step 1: Choose Your Sportsbook

The easiest way to place a bet on sports in Indiana is online. However, you can also visit a retail sportsbook and bet in-person at casinos across the state.

Here are some features to look for when deciding which online sportsbook to join:

• Great Welcome Offer, including agreeable terms and conditions
• Best odds on the sport or event you’re planning to wager on first
• Preferred banking methods
• App Store rating

When you’ve found the right sportsbook, iOS users can download the state-specific app in the App Store. Android users need to download the app directly on the sportsbook’s website per Google Play restrictions. You can also bet at most sportsbooks via web browser on any device.

Step 2: Create An Account

All online sportsbooks in Indiana make it easy to register an account. Simply click the “signup” button and follow the steps, where you’ll provide your personal information and create a login. Make sure to include any promo code if one is required during signup.

Step 3: Verify Your Location

The app or website will prompt you to share your location, and you must do so to wager. This is per Indiana Gaming Commission regulations, as you must be physically located within the state of Indiana to wager.

Step 4: Make A Deposit

You can deposit during the signup process or after. To deposit, you transfer money to your sportsbook account using an available banking method.

Important Note: Using a credit card as a payment method may count as a cash advance, which often comes with hefty fees. Your best bet is to use PayPal, Skrill, or online bank transfer.

Step 5: Place Your Bets

You have a lot of risk-free bet offers in Indiana, but you can also choose to simply skip the welcome offer and place any bets you like. Add one or several wagers to your bet slip – and remember to gamble responsibly!

Indiana Legal Sportsbooks

The Indiana Gaming Commission meticulously verifies each sportsbook applicant before issuing a sports betting license. They also must approve each sport before its offered and enforces a strict regulatory code. You can find more resources here.

Illegal sportsbooks do not offer such protection for bettors. These sites are located in legal safe havens where they can offer their services to anyone in the world without restriction – and their oversight is minimal. 

That means you have no legal recourse if they refuse to pay, suddenly disappear with your money, give away your personal information, or any number of likely scenarios.

Indiana Sports Betting Revenue

In September 2021, Indiana saw over $355 million in betting handle, resulting in nearly $34 million in revenue.

In total, Indiana saw over $1 billion in total wagers in 2020, and it’s poised to surpass the $3 billion mark in 2021. This places Indiana squarely in the top 5 sports betting markets in the US. It will be interesting to see how this revenue will compare to newer states, such as Arizona and Maryland, when it comes to their betting markets.

Overall, Indiana sports betting has seen an incredible trend in a market that is expected to lose some business as Illinois and Iowa’s legal online sports betting markets grow. And the Hoosier State remains a hyper-competitive market, and bettors will benefit in the form of promotions and exclusive odds.

How Indiana Compares To Other States

Indiana Versus The US

Indiana is the only state where you can bet on in-state college teams, place in-game bets on college games, and bet on TV events like the Oscars. Everywhere else places restrictions on at least one of those categories.

Indiana is a large market that inspires tons of competition. And all that competition means a great selection of odds across the different sportsbooks.

Indiana Versus The Midwest

Illinois and Iowa both offer online sports betting. In Iowa, the in-person registration requirement expired on January 1, 2021. 

Further, Iowa does not allow in-game bets on college games, and Illinois restricts betting on in-state college teams in general. Indiana does not have either restriction.

Nowhere else in the Midwest allows bets on TV competitions like the Oscars either. And betting on politics—a popular activity in Europe and elsewhere in the world—could be next.

Ohio looks to be the next Midwest state to legalize online betting. With a strong college betting tradition in the Buckeye State, it will be interesting to see what the market looks like in Ohio in comparison to Indiana.

Indiana Betting Successes And Failures

Indiana Sports Betting Success

As mentioned above, Indiana sportsbooks saw a gradual increase in sports betting handles every month from October through the middle of 2021. This trend was driven by the Colts making it to the playoffs, the Super Bowl, and March Madness all occurring in early 2021. Unfortunately, the Pacers were knocked out of the NBA Finals early on, so Indiana fans had to look for non-hometown heroes in the NBA betting category.

Indiana rolled out sports betting in a way that allowed for tons of competition and a huge variety of bets. You also never had to register in-person at an online sportsbook in Indiana, a requirement that was a significant nuisance for sports bettors in Iowa and Illinois. It remains a problem for Illinois bettors as of September 2021. 

Where Could Indiana Improve Online Gambling?

If Michigan sees success with legalized online casinos in 2021, it’s a safe bet that Indiana will eventually follow suit.

During a National Council Of Legislators from Gaming States (NCLGS) conference in January 2020, Republican State Senator John Ford stated that Indiana lawmakers would take a look at legalizing online casinos in 2021. Although lawmakers introduced an igaming bill in early 2021 to expand into online casinos, the bill stalled in this legislative session. 

With the recent success of online sports betting, there’s likely enough political capital to get it done. Online casino playing hopefuls can cross their fingers for 2022.

As it stands, the only states that legalized online casinos are New Jersey, Pennsylvania, West Virginia, Michigan, and Connecticut.

Legalization Effort In Indiana

Former Governor of Indiana Mike Pence was staunchly opposed to gambling expansion. However, he was replaced by fellow Republican Eric Holcomb, who began serving as the state’s governor on January 9, 2017, and has since led the state to its current status as a sports betting haven.

But it wasn’t all his doing by any stretch. The Indiana Senate passed Bill 552 on February 26, 2019, and it saw a huge number of revisions from Democrats and Republicans alike. When the dust settled, the bipartisan bill to legalize sports betting ended up on Governor Holcomb’s desk, and he signed it into law on May 8, 2019.

Interestingly, Indiana has one of the most accessible markets for operators. They have a 9.5% tax rate and an annual $50,000 license fee. Illinois sportsbooks are subject to a 15% tax rate and $10 million license fee, which has kept the competition relatively low in the state. While Indiana will have a dozen or more sportsbooks in 2021, Illinois has just six.

Another area of interest is the tax revenue sports betting can bring into the state. Indiana estimated tax revenue of $10 million in the first year, and $38 million by the fifth year (2024). They were off by $1 million in the first year (September 2019 – September 2020), but COVID-19 saw March Madness 2020 canceled and a host of other sports paused, shortened, or canceled as well. Wagering tax increased 25% from the following fiscal year, however, so Indiana could be on track to reach its revenue goals.

Timeline For Indiana Sports Betting

• February 26, 2019 – Indiana Senate passed Bill 552, which expands the number of casinos in the state and began the legalization efforts of sports betting. 
• May 8, 2019 – Republican Governor Eric Holcomb signs the new gambling expansion bill into law, allowing for more Indiana casinos as well as legalized retail and online sportsbooks.
• September 1, 2019 – Three Indiana casinos—Indiana Grand Casino in Shelbyville, Ameristar East Chicago, and Hollywood Casino in Lawrenceburg—began taking in-person bets at their retail sportsbooks.
• September 19, 2019 – As of this day, 13 different casinos across the state accept retail sports bets. Rising Star Casino and Caesars Southern Indiana also opened sportsbooks.  Hard Rock Northern Indiana will open one in Spring 2021. The only casinos without sportsbook lounges will be Four Winds South Bend and Majestic Star riverboat casinos.
• September 25, 2019 – In partnership with French Lick Casino, Rush Street Gaming (owner of the BetRivers Sportsbook) became Indiana’s first approved online sports betting platform.
• October 3, 2019 – BetRivers and DraftKings launched in Indiana, the first two legally-licensed online sportsbooks in the state.
• October 2019 – December 2019 – DraftKings, FanDuel, William Hill, and BetAmerica also launch online sportsbooks in Indiana.
• February 2020 – September 2020 – Five more online sportsbooks launch in the state—BetMGM, PointsBet, Caesars Sportsbook, Unibet, and theScore—for a total of ten different options. And three more are expected in 2021.
• September 2020 – November 2020 – Indiana reports three consecutive months where the state’s sportsbooks handled over $200 million.
• April 2021 – WynnBET and TwinSpires sportsbook apps officially launch in Indiana. Two more online sportsbooks are slated to launch in 2021.
• May 2021 – Barstool Sportsbook launches in Indiana, becoming the 11th sports betting app in the state.

Indiana Teams

Indiana Professional Sports Teams

Indiana Colts

The NFL reigns supreme as the most popular sport for betting in the US. And the Indiana Colts are by far the most popular professional team for betting in Indiana. 

Caesars Sportsbook is the official sports betting partner of the Colts, making that platform a premier NFL betting option. But all online sportsbooks in Indiana will have a wide range of NFL betting lines and promotions.

During the 2020-21 NFL Playoffs, the Colts made it to the playoffs, and the regular season helped inspire over $200 million in Indiana sports bets through the end of 2020. NFL betting in Indiana through the 2021-22 NFL Season should be even more lucrative, which means even bigger promotional offers at online sportsbooks.

As one of only two professional sports teams in the state, the Indiana Colts don’t have much competition for local fandom. But they won the Super Bowl in 1970, which was the first one after the AFL-NFL merger. And they won it again almost four decades later, with Peyton Manning leading the Colts to a victory over the Chicago Bears in 2006.

Fans of the Colts have a love-hate relationship with the team. While we’ll root for them no matter the circumstances, there’s a reason the team is nicknamed “The Dolts.” 

This is a team with a history of being the underdog that’s as long as their history of being the favorite. Some would even say the underdog days overshadow the times of glory.

But, at the end of the day, this is Indiana’s team. Through thick and thin, through good offenses and legendarily bad defenses, this is the number one choice for jersey-wearers across the state.

Indiana Pacers

The Indiana Pacers have no NBA titles to their name despite their roster including Reggie Miller, Isiah Thomas, Ron Artest, Paul George, and the great Danny Granger. But that’s largely due to a relentless string of bad luck, including injuries, suspensions, family tragedies, and beyond.

The Pacers are due, and I’d bet on the fact that their year is coming in the near future.

Indiana College Sports Teams

Notre Dame

The Fighting Irish are far and wide the most popular sports team in the state. Not the most popular “college” sports team. This state treats Notre Dame football like Chicago treats all their sports teams combined. Indiana bleeds green.

College football is the second most popular sport for betting in the US after the NFL. But college football is the most popular sport in the state of Indiana. And we place a lot of bets on the fifth most winning team in college football history.

You’ll find a huge number of lines for Notre Dame games at Indiana’s online sportsbooks. The sports betting lounges across the state are also electric on game days. (They’re essentially Indiana sports bars with gambling kiosks, so how could they not be?)

Everyone Else

Unfortunately for other in-state programs, there’s Notre Dame and everyone else. But Indiana boasts some of the most competitive NCAA D1 athletic departments in the country beyond the Fighting Irish. These include:

• Ball State
• Butler
• Purdue
• Indiana University
• Indiana State

With few restrictions on college sports betting in Indiana, every sportsbook in the state will take bets on every game these teams play.

Other Sports To Bet On In Indiana

All the best Indiana sportsbooks offer bets on all types of sports, including racing, individual competitions like MMA and golf, and even the Academy Awards. 

Some brands also specialize in international competitions, such as European soccer. Sportsbooks such as Caesars Sportsbook, PointsBet, and Unibet are particularly diligent about listing tons of events for the more obscure overseas events.

Indiana Bans Esports Wagering

Besides banning bets on high school and amateur sports, Indiana has some of the most relaxed sports betting laws in the country. However, regulators have outright banned esports wagering in the state. This is due to the fact that many esports teams have underage players. 

But they could have allowed sportsbooks to take bets only on competitions with players over 18. Further, how do they square that with betting on international soccer, where teams regularly have players under the age of 18?

Hopefully, Indiana considers changing this restriction as esports betting grows in popularity across the US, including in Indiana.

Legal Online Sports Betting In Indiana

Indiana Sports Betting FAQs

More Resources On Indiana Sports Betting

• Indiana Gaming Commission (IGC) website offers a host of resources about casino licensing, Indiana gambling news, and a contact page for questions or disputes.
• Monthly Revenue Reports from Indiana gambling companies are updated monthly by the IGC..
• Indiana Sports Wagering Statute details all sports betting rules and regulations.
• IndyStar Sports offers the latest news on all Indiana athletics from the high school to the professional level.
• WISH-TV Sports also offers a valuable resource for breaking news about Indiana sports.