Kentucky sports betting: Best legal sportsbook apps and betting sites

Yes. Kentucky sports betting is currently legal, and the first sportsbooks will debut in Kentucky on September 28, 2023.

On June 28, 2023, Kentucky Governor Andy Beshear signed House Bill 551 was signed into law, legalizing online sports betting statewide. The legislation requires the market to be live within six months of the effective date, meaning sportsbooks are expected to launch by December 28, 2023. The Kentucky sports betting launch was anticipated to roughly coincide with the start of the 2023 NFL season, which came to fruition when it was announced that September 28 will be the official launch date.

While Caesars and FanDuel are the sole sportsbooks that have yet declared coming their entry into the Kentucky market, it’s expected that other leading sportsbooks such as DraftKings, FanDuel, and many more, will announce their plans to operate in Kentucky in the upcoming months.

The current focus in Kentucky sports betting is on the development of regulations and preparations for the launch of sportsbooks. The Kentucky Horse Racing Commission, the regulatory body responsible for overseeing sports betting, met on July 10, 2023, to consider and finalize the drafted regulations.

Governor Andy Beshear’s office is actively pushing for a pre-NFL kickoff launch, demonstrating the commitment to expedite the process. The aim is to have sports betting operational in Kentucky before the start of the NFL season, allowing sports fans to enjoy wagering on their favorite teams.

To ensure a smooth and successful launch, the Kentucky Horse Racing Commission has been working diligently to review and approve sports betting regulations. The commission’s efforts aim to establish clear guidelines, standards, and licensing procedures for operators in the state.

Furthermore, the partnership between Caesars Sportsbook and prominent Kentucky racing venues, Keeneland Racetrack and Red Mile Gaming & Racing, sets the stage for the introduction of retail sportsbooks in Lexington.

This collaboration indicates the industry’s readiness to provide a comprehensive and competitive betting landscape in Kentucky, and indicates that prospective sports bettors can anticipate a high volume of lucrative Kentucky sportsbook promo codes as operators attempt to attract customers when the state launch arrives.

Kentucky sports betting is set to offer a wide range of options for bettors, both in-person and online. House Bill 551 grants licenses to Kentucky’s nine horse racing tracks, allowing them to establish retail sports betting lounges on-site. Additionally, Kentucky Speedway, a motorsports venue, has the opportunity to operate a retail sportsbook.

The introduction of online sports betting will further enhance the accessibility and convenience for Kentucky bettors. Each racing track will be permitted to partner with up to three online sportsbook operators, resulting in a potential total of 27 online sportsbooks in the state.

When it comes to the types of sports and events available for betting, the legislation encompasses professional leagues as well as collegiate sports. This means that bettors in Kentucky will have the opportunity to wager on major sports such as basketball, football, baseball, hockey, and more. However, high school sports are excluded from betting options.

To ensure the integrity of the betting market, the Kentucky Horse Racing Commission will establish regulations and oversight to prevent any potential issues related to match-fixing or unfair practices. The introduction of sports betting in Kentucky aims to provide a safe, regulated, and enjoyable betting experience for all participants.

Regarding taxation, online operators will be subject to a tax rate of 14.25%, while in-person sports betting revenue will be taxed at a rate of 9.75%. These taxes will contribute to the state’s revenue and support various initiatives, such as the permanent pension fund.

Overall, Kentucky sports betting will offer a diverse range of options, combining retail sportsbooks at racing tracks with convenient online platforms. This comprehensive approach aims to meet the preferences and needs of all types of bettors in the state.

The legalization of sports betting in Kentucky opens up opportunities for various sportsbook apps to enter the market. While most of the specific apps that will launch in the state are yet to be confirmed, FanDuel and Caesars have already announced deals to operate in KY, and numerous additional leading operators are expected to establish their presence in Kentucky as well.

Caesars Sportsbook, the first operator to confirm its Kentucky rollout with a partnership with Keeneland Racetrack and Red Mile Gaming & Racing, is already establishing a strong presence in Kentucky. When the app launches, users can expect a full lineup of promotions, competitive odds, and a solid selection of odds boosts. Caesars Sportsbook offers a user-friendly interface and a VIP program that rewards loyal customers. Caesars Kentucky is currently offering a bonus bet worth up to $1250 with their “Go Full Caesar” Kentucky state launch promo code.

The second operator to announce its Kentucky launch, FanDuel Sportsbook is known for its intuitive interface, competitive odds, and extensive coverage of sports, FanDuel is a popular choice among sports bettors. The app prominently features same-game parlays, allowing users to create combination wagers with legs from a single game, adding excitement and potential for higher payouts. FanDuel Kentucky will soon announce its exclusive promo code for Kentucky sports bettors.

DraftKings Sportsbook, one of the most well-known names in the sports betting industry, is likely to be among the first to offer its services in Kentucky. With its strong presence in daily fantasy sports and a proven track record in other states, DraftKings provides a user-friendly platform and a wide range of betting options. The app’s innovative features, such as the personalized betting carousel and betting pools, enhance the overall betting experience. DraftKings Kentucky is expected to announce its entry into the Kentucky market, and Kentucky sports betting promo code, in the coming weeks.

BetMGM Sportsbook, a joint venture between MGM Resorts International and Entain, is also expected to be a major player in the Kentucky market. With a deep selection of sports and betting options, BetMGM offers a comprehensive betting experience. Amongst the app’s standout features is the “edit my bet” function, which allows users to modify and customize their wagers, providing greater flexibility.

While these sportsbook apps are anticipated to be among the first to launch in Kentucky, it’s important to note that the market is dynamic and subject to change. Other operators may also enter the Kentucky sports betting scene, providing bettors with even more options and competition. When BetMGM Kentucky announces its exclusive Kentucky bonus code, this page will be updated and you will be first to know.

BetRivers Sportsbook is among the highly anticipated sportsbooks expected to operate in Kentucky following the launch of Kentucky sports betting. With a reputation for attractive bonuses, a user-friendly desktop site, and prompt payouts, BetRivers has become a popular choice for online sports betting.

Rush Street Interactive, a Chicago-based company, introduced BetRivers after the Supreme Court overturned the federal sports wagering ban in 2018. Since then, the BetRivers mobile app and desktop site have been successfully launched in several states. BetRivers’ nationwide expansion will continue with the announcement of BetRivers Kentucky, and the accompanying BetRivers Kentucky promo code.

In Kentucky, college basketball reigns supreme when it comes to sports betting. The state has a passionate fan base for college basketball, especially for the University of Kentucky Wildcats and the University of Louisville Cardinals. When the NCAA basketball season rolls around, the excitement in Kentucky reaches a fever pitch.

The Kentucky Derby, the most prestigious horse racing event in the United States, is another significant sports betting attraction in the state. Horse racing has a long and storied history in Kentucky, and betting on Kentucky Derby draws both avid horse racing enthusiasts and casual bettors alike. The race not only showcases top-class horses but also provides a thrilling betting experience as spectators try to predict the outcome.

Additionally, Kentucky’s proximity to several professional sports teams, such as the Cincinnati Bengals (NFL), Cincinnati Reds (MLB), and Nashville Predators (NHL), creates a strong interest in professional sports betting. Fans of these teams often have a vested interest in their performance and can engage in sports betting to enhance their game-day experience.

Basketball, both at the professional and collegiate level, is another popular choice for Kentucky bettors. With the nearby NBA teams like the Indiana Pacers and the Memphis Grizzlies, as well as the high-profile college basketball programs within the state, fans have ample opportunities to wager on basketball games throughout the year.

While these sports dominate the betting landscape in Kentucky, it’s important to note that sportsbooks offer a wide range of options, covering various sports, including football, baseball, hockey, soccer, golf, and more. Bettors can explore an array of betting markets, such as moneylines, point spreads, over/under, prop bets, and live betting, providing them with a comprehensive and engaging sports betting experience.

Horse racing has deep roots in Kentucky and is an integral part of the state’s sporting heritage. The Bluegrass State is renowned for its world-class thoroughbred breeding, training facilities, and prestigious racing events, with the most iconic being the Kentucky Derby.

Kentucky’s love affair with horse racing dates back to the early 19th century when the sport gained popularity across the region. Today, the state is home to several prominent racetracks, including Churchill Downs, Keeneland, and Turfway Park, among others.

Churchill Downs, located in Louisville, is the most famous racetrack in Kentucky and hosts the annual Kentucky Derby. Known as the “Run for the Roses,” the Kentucky Derby is the first leg of the Triple Crown and attracts a global audience. The race showcases the finest thoroughbred horses, jockeys, and trainers, and is a spectacle of athleticism and tradition.

Keeneland, situated in Lexington, is another renowned racetrack in Kentucky. Known for its picturesque setting and historic grandstand, Keeneland hosts high-quality race meets in the spring and fall. The track’s boutique atmosphere and emphasis on horsemanship make it a favorite among racing enthusiasts.

Horse racing in Kentucky not only provides thrilling entertainment but also plays a significant role in the state’s economy. The industry supports numerous jobs, including trainers, jockeys, grooms, and stable staff. Moreover, the breeding and sale of thoroughbred horses contribute to the state’s agricultural sector.

In recent years, Kentucky has expanded its racing offerings beyond traditional horse racing. Tracks such as Red Mile in Lexington have introduced harness racing, a form of racing where Standardbred horses pull a driver in a two-wheeled cart called a sulky. This addition has added diversity to the racing scene and attracted a new audience.

Daily Fantasy Sports (DFS) has gained popularity across the United States, and Kentucky is no exception. In 2018, the Kentucky legislature passed House Bill 259, legalizing DFS contests in the state. The bill established a regulatory framework and allowed operators like DraftKings and FanDuel to offer their services to Kentucky residents.

DFS operates under a different legal classification compared to traditional sports betting. In DFS contests, participants create virtual rosters of real players and compete against each other based on the statistical performance of those players in actual games. The outcome is determined by the players’ real-world performances rather than the final result of a single game or event.

Since the legalization of DFS in Kentucky, residents have embraced the opportunity to engage in this form of fantasy sports. Players can choose from a wide range of sports, including basketball, football, baseball, hockey, and golf, among others. DFS contests provide a unique and interactive way for sports fans to showcase their knowledge and skills while potentially winning cash prizes.

Operators like DraftKings and FanDuel, known for their daily fantasy sports offerings, have become prominent in the Kentucky market. These platforms provide user-friendly interfaces, a variety of contest formats, and enticing promotions to attract and retain players. Kentucky residents can enjoy participating in DFS contests from the comfort of their homes or on-the-go through mobile apps.

It’s important to note that while DFS is legal and widely available in Kentucky, it’s still subject to certain regulations and restrictions. The legislation requires operators to obtain a license from the Kentucky Department of Charitable Gaming and adhere to specific guidelines to ensure player protection and fairness.

Casino gambling, including online casinos, is not legal in Kentucky. Residents seeking similar online gambling options to those available in New Jersey will need to travel to neighboring states. However, there are alternatives such as social and sweepstakes casinos like WinStar, LuckyLand, and Chumba, which offer free virtual coins and the opportunity to win jackpot prizes without involving real money. It is important to note that offshore gambling sites are not recommended due to the lack of regulation and oversight.

Pari-mutuel advance deposit wagering platforms like TVG and Twin Spires,as well as the Kentucky Lottery, are the only legal online gambling options in Kentucky. Efforts to legalize online casino gambling in Kentucky have not been a priority for lawmakers. However, there have been discussions regarding the legalization of retail and online sports betting. Despite potential budget shortfalls and neighboring states legalizing online gambling, the passage of online gambling laws in Kentucky remains uncertain.

The timeline for the legalization of sports betting in Kentucky has seen several significant milestones and legislative efforts. Here’s a brief overview of the key events that have shaped the path to legalized sports betting in the state. The timeline for the legalization of sports betting in Kentucky has seen several significant milestones and legislative efforts. Here’s a brief overview of the key events that have shaped the path to legalized sports betting in the state.

2017: The first sports betting bill is introduced in Kentucky, which would allow the Kentucky Horse Racing Commission to regulate and oversee the industry. However, the bill did does progress further in the Kentucky legislature.

May 14, 2018: The United States Supreme Court issues a landmark ruling in the case of Murphy v. NCAA, striking down the federal ban on sports betting (PASPA). This decision opens the door for states to individually legalize and regulate sports betting.

2019: Multiple sports betting bills, including those related to daily fantasy sports wagering and online poker, are introduced in Kentucky, but make limited progress in the legislative process.

September, 2020: The Kentucky Supreme Court rules that Historical Horse Racing (HHR) machines are unconstitutional in the state, as they fail to meet the criteria for pari-mutuel wagering.

2022: House Bill 606, a sports betting bill, gained traction in Kentucky. It passed the House with a vote of 58-30, but ultimately failed to pass the Senate. However, this bill set the stage for future efforts to legalize sports betting in the state.

June 28, 2023: House Bill 551 was signed into law, legalizing online sports betting in Kentucky. The legislation mandates that sportsbooks should be operational within six months of the effective date, indicating a target launch date by December 28, 2023.

July 10, 2023: The Kentucky Horse Racing Commission scheduled a special meeting to consider and finalize the regulations for sports betting in the state. This crucial step involves establishing guidelines, standards, and licensing procedures for operators.

Dimers.com provides exclusive sports betting content to Syracuse.com, including sports new, picks, analysis and sportsbook promotions to help bettors get in on the action. Please wager responsibly.

If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net