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Sports Betting Info - Indiana - Yahoo Sports

Yahoo Sports Staff
·12-min read

Yahoo Sports may receive compensation from BetMGM in connection with the wagers you make on the BetMGM platforms.

Yahoo Sports Betting Info - Indiana

When it comes to gambling, there’s not a lot of consistency across the board in the state of Indiana. Its gambling laws are one of the fine examples of stark contrasts that are seen across many states in the U.S.

Firstly, there are many land- and river-based casinos that are full-service, licensed establishments. There are also a whole host of horse tracks that have allowed betting for many years.

Indiana also became the second of the country’s legal sport betting states, when its first brick-and-mortar sportsbook opened in September 2019. With online sports betting and in-person sports betting going statewide in October 2019. It’s only the second state to allow bettors to place money on the Oscars.

Given the above, you’d think that gambling was a relatively relaxed pastime in Indiana. Legal online casinos are another issue entirely, however. Online gambling is not permitted in the state right now and there are some pretty hefty penalties for those caught taking part.

Here what you need to know about Indiana’s sometimes confusing gambling laws.

You can play at land-based casinos

There’s no shortage of brick-and-mortar casinos to choose from in the state of Indiana. There’s over a dozen registered and officially licensed casinos within the state. Some of the casinos are ‘Racinos’, in that they are casinos built alongside race tracks, others are pure casino resorts, and if you feel like taking on something entirely new then there’s a couple of riverboat casinos too. You’re also going to be in luck if poker rooms are up your alley! The state is known for it’s fun and vibrant variety of poker rooms dotted in different areas.

Is online gambling legal?

No. Despite Indiana’s relatively relaxed stance on in-person gambling, as well as online and in-person sports betting, online gambling is yet to be legalized. That means no online poker, slots, or any other forms of online gambling. It is stringently policed and those caught taking part face harsh fines.

Can you bet on sports?

In great news for Indiana sports fans, the state legalized sports betting in 2019. Although it’s been legal to bet on horse racing for a while, it’s now legal to place bets on sports from all over the world. Where is sports betting legal? You can bet on sports in-person at most of the established casinos and the brick-and-mortar sportsbooks in the state.

What about online sports betting?

Online sports betting followed hot on the heels of in-person legalization and most of the casinos now have an online site that you can bet through. Major players in the online sportsbook industry have been rolling out their services since October 2019 and bettors over the age of 21, located in the state can now place wagers online on the biggest sporting events from around the world.

Keep in mind that you can’t bet on school or collegiate sports, but you can be on NCAA division 1 sports in Indiana.

BetMGM: Bringing the best sports betting to Indiana

BetMGM is one of the country’s most renowned sportsbooks casinos and now they are bringing all the best bets to Indiana. With BetMGM, you can choose from a massive variety of sports. Whether you’re looking for something more mainstream like baseball, basketball, or football, or you’re perhaps wanting to try your hand at something a little more out there like darts, BetMGM has got all the sports to keep your betting needs satisfied.

On top of this, they have a wide range of bets to choose from too. When you place a wager on their website or from their state-of-the-art sports betting app, you can select parlay bets, future bets, over/unders, outrights, and just about anything in between. You won’t miss a moment of sports betting action with BetMGM’s innovative approach to sports betting.

In-person sports betting went legal state-wide in Indiana in October 2019. (AP Photo/Michael Conroy)
In-person sports betting went legal state-wide in Indiana in October 2019. (AP Photo/Michael Conroy)

What kinds of bets and betting guides will you find on Yahoo Sportsbook?

You can find an array of betting guides on Yahoo Sportsbook, as well as up to date odds offered by our partner, BetMGM! See all of our helpful odds guides below for the best tips and tricks and available lines as they become available.

What do NFL odds look like?

NFL odds guide: There are three common NFL betting lines: the side, total and moneyline.

Side: The side refers to the point spread. While the odds can fluctuate, most sides are -110, meaning you have to bet $110 to win $100.

Cowboys -7 -100

Giants +7 -110

In that example, the Cowboys are a 7-point favorite and must win by more than 7 to win the bet. If the game ends with a 7-point Cowboys win, the bet is a push and you get your money back.

Total: The total also generally has -110 odds on each side. The sportsbook sets a line, such as 48.5, and bettors decide whether the game will go over or under that total.

Moneyline: The moneyline removes the point spread. Bettors take a team to win straight up.

Packers -200

Bears +180

In this example, a bettor must lay $200 to win $100 on the Packers. A $100 bet on the Bears would win $180, but Chicago has to win straight up.

Are there extra bets for big games like the Super Bowl?

Sportsbooks will offer proposition bets, or “props,” on big games. Props are famously associated with Super Bowl betting.

For the Super Bowl there are prop bets on many different things, like which player will score the first touchdown and even the color of the Gatorade dumped on the winning coach. A common prop bet is on yards for specific players, such as “Tom Brady over/under 305.5 passing yards.”

What do MLB odds look like?

MLB odds guide: The betting lines for baseball games are typically different than football or basketball. You’ll see point spreads for those sports, but the most common bet in baseball is the moneyline. You just need your team to win, but will find higher odds on better teams.

Dodgers -220

Padres +200

In this example, you’d have to bet $220 on the favored Dodgers to win $100. However, a $100 bet on the underdog Padres would win $200.

What are some other odds offered for baseball?

Like most other sports, you’ll find totals offered for baseball. You can bet the over or under on total runs scored by both teams.

Another common bet is on the run line. That does incorporate a point spread, which is typically 1.5 runs with the odds changing.

Dodgers -1.5 -130

Padres +1.5 +110

Using the example from the first section, the Dodgers’ odds come way down but now they have to win by 2 or more runs.

Can you bet World Series odds for MLB?

Sportsbooks will offer proposition bets, or “props,” on big games. Props are famously associated with Super Bowl betting.

Like all other sports, futures bets are quite popular in baseball. You can bet your favorite team to win the championship throughout the season, with odds changing as their fortunes rise or fall.

Another popular bet is win totals. Oddsmakers set a win total for each team, and you can bet on whether that team will go over or under that win total.

You can also bet on props like who will win MVP, or over/under on how many home runs or hits certain players will have in a season.

What do NBA odds looks like?

NBA odds guide: The football and basketball betting line look very similar. The most common odds you’ll see in the NBA are with the point spread.

Bucks -4

Lakers +4

In that example, the Bucks are the 4-point favorites, and have to win by 5 or more points to win the bet. If the Bucks win by exactly 4 points, it’s a “push” and the bet is refunded. These bets usually have -110 odds on each side, meaning bettors win $100 on a $110 wager.

What other NBA odds are offered?

The over/under, or “total,” and the moneyline are the two other common bets made on NBA games.

The total (combined points by both teams) is set by the sportsbook, and bettors can choose to bet over or under the total. Those bets normally have -110 odds.

Knicks +180

Celtics -200

The moneyline eliminates the point spread. Bettors just take a team to win straight up, and the odds change based on who is favored.

In this example, a $100 bet on the underdog Knicks would win $180 if New York won straight up. Bettors would have to lay $200 on the favored Celtics to win $100.

Do sportsbooks offer NBA Finals odds before and during the season?

A popular NBA bet is wagering on who will win the championship, and those odds are offered almost year-round. A 76ers fan who wants to bet Philadelphia to win the NBA Finals might get 10-to-1 odds before the season.

What do NHL odds look like?

NHL odds guide: Hockey betting lines are similar to baseball. The most common wager is on the moneyline, in which bettors are picking a team to win straight up.

Canadiens -140

Rangers +120

In that example, a bettor must wager $140 on the favored Canadiens to win $100. A $100 bet on the underdog Rangers would return $120.

Are there other odds on NHL games?

Like most sports, the over/under for combined goals by both teams is a popular bet. The sportsbook sets the total, for example 6.5 goals, and bettors can take over or under that number.

There is also a “puck line” bet, which works like the point spread in football or basketball. It is normally a 1.5-goal spread with the odds changing.

Canadiens -1.5 +130

Rangers +1.5 -150

In that example, the Canadiens must win by two or more goals to win a bet, but a $100 bet would return $130. If the Rangers win or lose by exactly one goal, Rangers bettors would win $100 on a $150 bet.

Are Stanley Cup odds offered for the NHL?

Bettors can make a wager on any team to win the Stanley Cup, and those odds are generally offered year-round.

What do college football odds look like?*

*New Jersey colleges and universities are not permitted to be the subject of wagering at any time. Similarly, no collegiate event, regardless of the participants, can accept bets if it takes place in the Garden State.

NCAAF odds guide: During the college football season, there will be dozens of games on the board most Saturdays. Three types of odds are the most common:

Point spread: The point spread, also called the “side,” evens the playing field in a lopsided matchup.

Alabama -35.5

New Mexico State +35.5

With this example, bettors backing the underdog New Mexico State need the Aggies to win or keep the losing margin to 35 points or less. Alabama would need to win by 36 or more points for Crimson Tide bettors to cash that wager.

Over/under: These bets, also called the “total,” are simple. The sportsbook sets a line on combined points by both teams, and bettors can take over or under that point total.

Moneyline: This bet removes the point spread, with corresponding odds for the favorite and underdog.

Ohio State -400

Penn State +350

In this example, Ohio State backers would need to lay $400 on the favorite Buckeyes to win $100. A $100 bet on Penn State would return $350, but the Nittany Lions would have to win straight up.

Which future bets are available for college football?

The most popular future bet is on the College Football Playoff national champion. Bettors can also wager on who will win the Heisman Trophy, and usually sportsbooks offer future bets for over/under win totals on teams from the major conferences.

What do odds look like for college basketball?*

*New Jersey colleges and universities are not permitted to be the subject of wagering at any time. Similarly, no collegiate event, regardless of the participants, can accept bets if it takes place in the Garden State.

NCAAB odds guide: There are hundreds of games to bet on in any particular week during the college basketball season, and the most popular bet is on the point spread.

North Carolina +2.5

Duke -2.5

For this game, Duke would have to win by 3 points or more to cover the spread. If North Carolina won or lost by 2 points or less, Tar Heels bettors would cash their ticket.

What other odds are offered on college basketball?

Other than the point spread, the over/under (or “total”) is the most common bet. Sportsbooks set a line for combined points by both teams and bettors can wager whether the final score will be over or under that total.

There are also moneyline bets, which removes the point spread but changes the odds on each team.

UCLA +250

Arizona -280

A $100 bet on UCLA would return $250 if the Bruins won straight up. Arizona bettors would have to lay $280 to win $100, but the Wildcats would only have to win the game and not cover a point spread.

Can I bet on March Madness?

The first two rounds of the NCAA men’s basketball tournament has become a popular weekend in Las Vegas. Fans come from around the country to bet on March Madness.

During the tournament, sportsbooks will offer odds on who will win each region and make the Final Four. Fans can bet on who will win the championship, and those odds are generally offered year-round.

Gambling Problem Help information:

Bets and betting odds data are powered by BetMGM; visit BetMGM.com/Yahoo for Terms and Conditions. 21+. CO, IN, NJ or WV only. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER (NJ & WV), 1-800-9-WITH-IT (IN) or 1-800-522-4700 (CO).