North Carolina sports betting launch: What you need to know
North Carolina residents can rejoice, as The Tar Heel State is scheduled to launch online sports betting finally. You can claim the exclusive pre-launch offers from the online sportsbooks that are set to go live. On March 11, you will have hundreds of dollars in bonuses.
For those who didn’t know, retail sports betting has been available in North Carolina dating back to May 2021 — but of course — residents have been yearning for the online portion to be legalized.
Fortunately, the wait is almost over. The process en route to legalizing North Carolina online sports betting began with the signing of HB 347 into law by Governor Roy Cooper in June 2023.
While the signing of bill HB 347 initiated this process, it didn’t officially mark the launch. Instead, the official launch date is set for March 11, 2024.
Notably, North Carolina residents can pre-register for the online sportsbook operators that will be launching. The pre-registration period formally begins on March 1, 2024.
The North Carolina Lottery Commission will be overseeing the online sportsbook operations within the state.
Lastly, online sportsbook operators will have to pay an 18% revenue tax. These funds will be dished out to the following: Youth sports facilities, college athletic departments, public services and responsible gambling initiatives.
FanDuel Sportsbook reached a partnership with the PGATour to attain an online sports betting license in the state of North Carolina.
There is no denying that FanDuel Sportsbook provides arguably the best online sports betting experience on the current market, making it a highly-anticipated entry to the North Carolina sports betting scene.
When it comes to key features, FanDuel covers all of the bases. Users can place in-game wagers, craft same-game parlays, cash out early and stream events live.
The betting odds posted by FanDuel are always competitive. Let’s take a look at where the North Carolina Tar Heels and Duke Blue Devils stand in the current odds to cut down the nets:
Both North Carolina-based schools are positioned as top-10 betting favorites to win the 2024 Men’s College Basketball Championship.
Once you register at FanDuel, you can expect to see promotional offers like profit boosts, a great referral program and more.
Register for FanDuel Sportsbook and receive $100 in bonus bets. Plus, get an additional $200 in bonus bets when you place your first $5 bet after the site goes live — totaling $300 in bonus bets.
To claim, you as a new user in North Carolina must register for a FanDuel account between the pre-live launch (3/1/24) and the official launch (3/11/24).
This will earn you $100 in bonus bets when the site officially goes live. To earn the additional $200 in bonus bets, you will need to deposit and place a $5+ cash wager.
DraftKings Sportsbook gained access to the North Carolina online sports betting scene through a deal with NASCAR.
As is the case with FanDuel, North Carolina sports bettors can expect an elite experience with DraftKings. Whether it’s favorable odds and vast betting markets or user-friendly promotional offers, DraftKings has you covered.
Looking for some cool key features? Search no further than DraftKings, where you as a user can benefit from the following: Live streaming, in-game betting, same-game parlays, early cash outs and odds boosts.
Let’s look into where DraftKings ranks both UNC’s RJ Davis and Duke’s Kyle Filipowski in terms of winning the Wooden Award this year:
Notably, North Carolina guard RJ Davis ranks third in Wooden Award odds, only trailing Purdue’s Zach Edey and Tennessee’s Dalton Knecht.
Pre-register for DraftKings in North Carolina between March 1 and March 11 to earn up to $300 in bonus bets.
First, pre-registering will yield you $100 in bonus bets instantly on launch day. Then, all you need to do is deposit and wager $5+ on any sport to unlock the additional $200 in bonus bets.
These bonus bets will expire seven days after reaching your account, and they will not be included in any potential winnings. Moreover, they must be wagered 1x before any resulting cash winnings can be withdrawn.
BetMGM Sportsbook will be able to conduct business in the state of North Carolina due to a partnership reached with Charlotte Motor Speedway.
No other sportsbook provides their players with more bonus bets than BetMGM. Users will have the opportunity to take part in promos like the Multi-Sport Parlay Missions and odds boost tokens.
BetMGM offers their patrons all of the key features that have been discussed already, including live streaming, in-game wagering and early cashout. BetMGM also allows for an Edit My Bet feature as well.
You will see in the odds below that BetMGM currently has a more advantageous NCAA Men’s Tournament Outright Winner line (compared to FanDuel) for Duke, but less so for the Tar Heels:
You can pre-register at BetMGM Sportsbook in North Carolina beginning on March 1 and earn $200 in bonus bets at launch.
Furthermore, these $200 bonus bets will be credited to your newly created account in the form of four (4) $50 bonus bet tokens. These tokens will expire after seven days, and they cannot be broken up into smaller wagers.
If you happen to win one or more wagers using your bonus bet tokens, know that the $50 value will not be included in the winnings.
Caesars Sportsbook and the Eastern Band of Cherokee Indians came to a partnership agreement to allow the online sports betting site to go live in North Carolina.
North Carolina sports bettors will surely enjoy the experience delivered by Caesars, especially considering the promotions like profit boosts, futures bet credits and cumulative bet & gets.
While Caesars might not offer an extensive range of niche betting markets such as FanDuel and DraftKings, they do cover all of the most important sports. Additionally, you will find that Caesars has more favorable odds in some markets and less favorable ones in others.
Here, we will briefly discuss the third-best college hoops program in the state of North Carolina, the Wake Forest Demon Deacons. Their odds at Caesars to win the entire tournament are:
- Wake Forest Demon Deacons: +20000
North Carolinians who pre-register at Caesars Sportsbook prior to Monday, March 11, 2024, will receive seven 100% profit boost tokens.
To qualify, simply pre-register, deposit $10 or more, and wager just $1+ on any market. This action will grant you access to the seven tokens, regardless of your qualifying wager’s outcome.
Notably, your qualifying wager must settle within 14 days of Caesars going live. You will then have seven days to use all seven tokens.
Meanwhile, the maximum amount of winnings that can be had from using your profit boost tokens is $1,000.
Impressively, bet365 Sportsbook reached an agreement with the NBA’s Charlotte Hornets to gain access in the state of North Carolina.
Aside from the welcome offer, bet365 is known to reward its customers with a flurry of ongoing promotions. Said promos include bet boosts, early payouts, parlay boosts and more.
bet365 is coming on strong, offering amongst the most betting markets on the market. You can bet on all kinds of niche sports, such as badminton, darts, handball and more.
If you pre-register for a bet365 Sportsbook account and deposit a minimum of $10 before the launch on March 11, you will receive $100 in bonus bets when the site goes live.
So, again, you can pre-register at the eligible online sportsbooks as of March 1, 2024. Then, North Carolina online sports betting will officially go live on March 11, just in time for March Madness. Reap the benefit of bonuses by pre-registering today.
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