Best Sports Betting Sites in Louisiana

When it comes to sports betting in Louisiana, there’s a wide array of options available for enthusiasts. Whether you’re a fan of local teams like the New Orleans Saints, excited about the prospect of wagering on popular leagues such as the NFL, NBA, MLB, or NHL, or interested in other sports and events, Louisiana has something for everyone. In this comprehensive guide, we’ll explore the best sportsbooks in Louisiana, delve into the legal and tax considerations, introduce you to the state’s beloved teams and events, highlight the various sports and events you can bet on, and provide insights into the types of bets and odds available. Additionally, we’ll cover deposit and withdrawal methods, betting restrictions, and offer a brief history of online betting in Louisiana. By the end, you’ll be well-equipped to make the most of your sports betting experience in the Pelican State.

Top Sportsbooks in Louisiana

MyBookie stands out as a top choice for Louisiana bettors due to its long-standing reputation in the industry. With over a decade of experience, it offers a reliable and user-friendly platform. While its welcome bonus is appealing, it’s the diverse betting options and competitive odds that make MyBookie a great pick.

BetUS has been a go-to sportsbook for American bettors since 1994. Its extensive history and commitment to customer satisfaction make it a trustworthy option in Louisiana. Beyond the generous welcome bonus, BetUS provides a wide range of betting markets, including international sports, making it ideal for diverse preferences.

As one of the pioneers in online sports betting, BOVADA has earned its place in the hearts of Louisiana bettors. Its $750 welcome bonus is just the beginning. BOVADA’s focus on user experience, mobile compatibility, and live betting options make it a popular choice for both newcomers and seasoned bettors.

Louisiana bettors looking for versatility often turn to SportsBetting.ag. With a rich history dating back to 1999, this sportsbook offers a 50% welcome bonus up to $1,000. But it’s the extensive sports coverage and live betting features that set it apart as a top choice.

While newer to the scene, BUSR has quickly gained popularity in Louisiana. The allure of up to $1,500 in welcome bonuses is complemented by BUSR’s commitment to customer satisfaction. Plus, their horse racing offerings are a unique draw for equestrian enthusiasts.

GTBets caters to sports enthusiasts in Louisiana with its 150% sign-up bonus up to $750. What makes it a standout choice is its dedication to providing an enjoyable betting experience, highlighted by user-friendly interfaces and a wide array of sports markets.

With over two decades of experience, WagerWeb has a history of reliability that Louisiana bettors can trust. Whether you prefer cash or free play, their 50% welcome bonus up to $1,000 has you covered. WagerWeb’s focus on customer support and loyalty rewards makes it an excellent option.

EveryGame offers something unique with its $20 sign-up free bet, perfect for those wanting to dip their toes into sports betting. While it may not have the history of some larger sportsbooks, its user-friendly platform and straightforward approach are appealing to newcomers.

XBet stands out for its up to $500 first deposit bonus, making it an enticing choice for budget-conscious bettors in Louisiana. Despite being a newer player, XBet’s commitment to competitive odds and a user-friendly interface make it worth considering.

BetOnline has been a fixture in the industry since 2001, offering a 50% welcome bonus up to $1,000. It’s a fantastic choice for Louisiana bettors due to its vast array of betting markets and dedication to continuously improving the user experience.

JazzSports, with its 50% welcome bonus up to $1,000, appeals to Louisiana bettors seeking reliability. While it may not have the longest history, it’s made a name for itself by focusing on customer satisfaction, fast payouts, and a user-friendly platform.

Legal and Tax Issues

Before embarking on your sports betting journey in Louisiana, it’s crucial to have a solid understanding of the legal and tax considerations that shape the landscape of this exciting pastime. Let’s dive into the key legal and tax issues that you should be aware of:

Legal Framework

Louisiana’s journey towards legalized sports betting began in May 2020 when both the Louisiana State House and Senate approved HB697. This pivotal bill paved the way for the issuance of sports betting licenses to both retail and online operators. However, the real turning point came during the November election cycle when 56 of the state’s 64 parishes voted in favor of legalizing online sports betting in Louisiana.

Following this mandate from the public, Louisiana Governor John Bel Edwards signed HB697 into law in June 2021. In conjunction with this landmark legislation, two other bills were also enacted: SB247, which serves as the primary regulatory framework for sports betting, and SB142, which outlines the allocation of tax revenue generated by sports betting.

The Louisiana Gaming Control Board, responsible for regulating all aspects of sports betting in the state, played a pivotal role in drafting and implementing the rules that govern this industry. On October 31, 2021, the first legal sports wager was placed at a land-based casino, marking a significant milestone in the state’s sports betting journey.

Online sports betting officially went live in Louisiana on January 28, 2022. Initially, there were concerns regarding geolocation tracking for online bets, leading to discussions about a potential delay until February 13, which coincided with the Super Bowl.

Tax Rates

Understanding the tax rates is crucial when assessing the financial implications of sports betting in Louisiana. The state imposes a tax rate of 15% on earnings generated through online sports betting. This rate is in line with the median tax rate for sportsbooks across the United States, which stands at approximately 11%. It ensures that both the state and operators benefit from the revenue generated by this popular pastime.

Additionally, for retail sports betting earnings, the tax rate is set at 10%. By having differential tax rates for online and retail operations, the state aims to create a balanced and competitive sports betting market.

In summary, Louisiana has established a clear legal framework for sports betting, allowing both retail and online operators to thrive while imposing reasonable tax rates to ensure the growth of this exciting industry. Understanding these legal and tax considerations is essential for anyone looking to engage in sports betting in the Pelican State, ensuring that you do so in compliance with state regulations.

Popular Local Teams to Bet On

Louisiana is a sports-rich state with a fervent fan base that passionately supports its local teams and eagerly wagers on their favorite events. Here’s a look at some of the most popular local teams and events that draw the attention of sports bettors in Louisiana:

LSU Tigers

Louisiana State University (LSU) boasts one of the most prestigious college football programs in the entire country. The LSU Tigers have a storied history of success, with a winning percentage of over 65% in their football program’s history. Their intense rivalry series with Alabama is a highlight of the Southeastern Conference (SEC) calendar and one of the most anticipated college football matchups annually.

Under the College Football Playoff format, the Tigers clinched the national title in 2019. However, the team experienced a period of inconsistency following their championship win. In December 2021, head coach Ed Orgeron announced his departure from the program after a 4-3 start to the season. Orgeron would be paid nearly $17 million as part of his contract.

In a significant move, Brian Kelly took the helm as LSU’s 34th head coach for the football team on December 2, 2021. Kelly, who previously coached Notre Dame for 12 years with a remarkable 92-39 record, guided LSU to a successful season, winning the SEC West and defeating Alabama along the way. In 2023, LSU was set to face Purdue in the Citrus Bowl on January 2.

The LSU Tigers not only provide thrilling college football action but also serve as a prime betting opportunity for sports enthusiasts in Louisiana.

New Orleans Saints

The New Orleans Saints are a beloved NFL franchise and a point of pride for Louisiana sports fans. The team saw significant success under the leadership of future Hall of Famer Drew Brees. However, in recent seasons, the quarterback position has posed challenges for the Saints, leading to a playoff drought.

Despite the team’s ups and downs, the Saints remain a focal point of the state’s sports landscape, and their games consistently draw attention from local bettors. The team’s partnership with Caesars Sportsbook, which includes the naming rights to the Caesars Superdome, marked a significant milestone as the first naming rights agreement between a sports betting company and an NFL franchise.

New Orleans Pelicans

The New Orleans Pelicans are the city’s NBA team, and they feature rising star Zion Williamson. While the Pelicans have faced their share of challenges, including limited playoff success, the team continues to capture the hearts of Louisiana basketball fans.

In 2023, a relatively healthy Zion Williamson led the Pelicans in their quest for a playoff berth in the competitive Western Conference, adding excitement to NBA betting for Louisiana residents.

New Orleans Breakers

The New Orleans Breakers are part of the United States Football League (USFL) reboot, offering yet another local team for sports bettors to follow. In their debut season, the Breakers posted a 6-4 record, and sportsbooks such as DraftKings Louisiana and FanDuel Louisiana provided USFL wagering options in their sportsbook apps.

These local teams and events are not just a source of pride for Louisiana sports fans but also offer numerous betting opportunities. Whether it’s college football, NFL action, NBA games, or even USFL contests, Louisiana’s sports betting landscape is enriched by its vibrant local sports scene. Betting on these events adds an extra layer of excitement for fans who want to support their teams while enjoying the thrill of sports wagering.

Other Popular Sports and Events for Betting

While Louisiana boasts a passionate fan base for its local teams, sports bettors in the state have a wide array of options beyond the hometown favorites. From major national leagues to international sporting events, Louisiana residents can indulge in a diverse range of sports and events for betting excitement. Here are some of the other popular sports and events that captivate the betting community in Louisiana:

NFL Betting

The National Football League (NFL) reigns supreme in the United States, and Louisiana is no exception. NFL games consistently draw massive viewership, and sportsbooks in the state capitalize on this enthusiasm by offering a plethora of betting options. When it comes to NFL betting, Louisiana sportsbooks get creative with odds boosts, prop bets, and weekly specials, making Sundays during the NFL season an exhilarating experience for bettors.

Fantasy football owners, daily fantasy sports (DFS) enthusiasts, and traditional sports bettors alike have a wealth of options to explore. Prop bets and parlays abound, allowing bettors to delve into player performance, game outcomes, and various in-game scenarios. NFL betting is a cornerstone of sports wagering in Louisiana, and it’s a sport that commands attention from fans and bettors alike.

NBA Betting

The National Basketball Association (NBA) offers a star-studded spectacle that captivates fans across the country, and Louisiana residents are no exception. While the state may not have an NBA team of its own, the abundance of talent and high-profile matchups in the league make NBA betting a popular choice.

Louisiana online sportsbooks provide an array of prop bets for basketball enthusiasts, although to a lesser extent than football. With games frequently scheduled on Wednesdays, Fridays, and Sundays during the season, these days offer prime opportunities for crafting enticing parlay wagers. From player point totals to game outcomes, NBA betting provides ample room for strategic wagering.

MLB Betting

Baseball may be perceived as a slower sport compared to some of its counterparts, but that doesn’t diminish its popularity among bettors in Louisiana. MLB games offer unique opportunities for live betting, thanks to frequent half-inning breaks and pitching changes. This dynamic environment translates into a wealth of options at Louisiana betting sites.

Traditionally, starting pitchers played a significant role in determining which team had the upper hand in a matchup. However, the landscape of pitcher usage is evolving, and bettors must adapt to these changes. Despite the sport’s slower pace, MLB betting remains a favored choice among Louisiana sports bettors, with a focus on live betting and strategic wagers.

NHL Betting

While the NHL may not have a strong presence in Louisiana, that hasn’t deterred sports bettors in the state. The Dallas Stars are the closest NHL team geographically, making NHL betting accessible for Louisiana residents. NHL bettors often favor wagers on the moneyline or “puck line” rather than the point spread.

Key game nights for NHL action typically fall on Tuesdays, Thursdays, and Saturdays during the season. These days offer prime opportunities for bettors to engage in thrilling hockey wagering, demonstrating that geography need not limit the scope of sports betting options for Louisiana residents.

College Sports Betting

Louisiana’s rich history of college sports success extends beyond football and basketball. Led by the LSU Tigers, the state boasts a deep-rooted tradition of collegiate athletics excellence. Other notable schools, such as the Tulane Green Wave and the Louisiana Tech Bulldogs, compete at the highest levels of football and basketball.

What sets Louisiana apart is its allowance for betting on in-state collegiate teams, a feature not available in all states. While prop bets are not permitted, straight bets involving college teams, especially during events like March Madness and college football season, provide ample opportunities for college sports betting enthusiasts to join in the action.

These diverse sports and events enrich the Louisiana sports betting experience, offering a wide range of options for bettors eager to explore beyond the local teams. Whether it’s the fast-paced action of the NFL, the star power of the NBA, the strategic intricacies of MLB, the intensity of NHL games, or the passion of college sports, Louisiana sports bettors have a wealth of choices to keep their wagering experiences exciting and dynamic.

Types of Bets and Betting Odds Available

In the world of sports betting, Louisiana offers a diverse array of bet types and betting odds to cater to the preferences and strategies of its enthusiastic bettors. Whether you’re a seasoned pro or new to sports wagering, understanding the various bet types and betting odds is essential for making informed choices. Here’s a breakdown of the types of bets and betting odds you can expect to encounter when betting on sports in Louisiana:

Moneyline bets are the simplest form of sports wagering. When placing a moneyline bet, your objective is to predict which team will win a particular game or event. In moneyline odds, favorites are represented with negative numbers (e.g., -210), indicating the amount you must wager to win $100. Conversely, underdogs are denoted with positive numbers (e.g., +210), signifying the potential profit on a $100 bet.

Moneyline bets are a popular choice for novice bettors and are commonly used in various sports, offering straightforward predictions on the outcome of a game.

Parlay bets are a favorite among sports bettors looking to maximize their potential returns. A parlay involves combining multiple individual bets, known as “legs,” into a single wager. For the parlay to be successful, each leg must win. Parlays are attractive because they offer higher payouts than individual bets, but they come with greater risk due to the need for all legs to be correct.

Louisiana sports bettors often create parlays across different sports or multiple games within a single sport, enhancing the excitement and potential rewards.

Totals bets, also known as over/under bets, focus on the combined score of a game. The sportsbook sets a specific point total, and bettors must predict whether the final score will be over or under that total. Totals bets are prevalent in sports like basketball, football, and baseball.

This bet type provides an alternative way to engage with a game, as it doesn’t require selecting a specific winner but rather focuses on the overall scoring dynamics.

Point spread bets are a common choice for many Louisiana sports bettors. In these bets, the goal is to predict not just the winner of a game but also the margin of victory or defeat. A point spread is established to level the playing field between the favored team (minus points) and the underdog (plus points). For a bet to succeed, the favored team must win by more than the point spread, while the underdog must either win outright or lose by fewer points than the spread.

Point spread bets are known for their balanced odds, typically offered at around -110 for both sides, making them a popular option in football and basketball.

Futures bets revolve around events that won’t be decided until the distant future. This category of wagers includes predictions on outcomes such as MVP awards, championship winners, or season-long performances. Bettors place these bets with the anticipation of reaping substantial rewards if their predictions prove correct.

While futures bets require patience, they add an element of excitement to the season as fans follow their chosen futures closely.

Prop bets, short for proposition bets, are wagers placed on specific events or occurrences within a game that may not directly impact the final outcome. These bets cover a wide range of scenarios, from which player will score the first touchdown to whether a specific event will happen during the game.

Prop bets are a favorite during high-profile events like the Super Bowl, offering a fun and engaging way for bettors to get involved in the action beyond traditional bets.

Live bets, also known as in-play betting, represent a dynamic and interactive facet of sports wagering. With live bets, you can place wagers while a game is in progress, adjusting your strategy based on unfolding events. This real-time betting experience adds an extra layer of excitement to sports wagering.

Louisiana sportsbooks provide a range of live betting options, including moneyline bets, point spread bets, totals, and prop bets. Live betting allows bettors to capitalize on changing game dynamics and leverage their sports knowledge during the heat of the action.

Betting Odds

Betting odds play a pivotal role in determining potential payouts for your wagers. In Louisiana sports betting, odds are commonly displayed in three formats: American (moneyline), decimal, and fractional. The choice of odds format often comes down to personal preference, but it’s crucial to understand how each works:

• American Odds (Moneyline): As mentioned earlier, American odds feature a plus or minus sign before the number and indicate the amount you must wager or the potential profit on a $100 bet. Negative numbers represent favorites, while positive numbers signify underdogs.
• Decimal Odds: Decimal odds express the potential return on your wager, including your original stake. For instance, decimal odds of 2.00 represent an even-money bet, doubling your wager if you win.
• Fractional Odds: Fractional odds are often used in the UK and are displayed as a fraction (e.g., 5/1). The left side of the fraction represents the potential profit, while the right side represents the stake. For instance, fractional odds of 5/1 mean a $100 bet would yield a $500 profit.

Understanding these types of bets and betting odds is essential for making informed choices and crafting winning strategies when betting on sports in Louisiana. Whether you prefer the simplicity of moneyline bets, the excitement of parlays, or the strategic intricacies of point spreads, Louisiana sportsbooks offer a wide range of options to cater to your betting preferences.

Deposit and Withdrawal Methods

When it comes to placing bets on your favorite sports events in Louisiana, having convenient and secure deposit and withdrawal methods is crucial. Louisiana sportsbooks offer a variety of options to fund your account and cash out your winnings. Here’s a closer look at the deposit and withdrawal methods available to sports bettors in the Pelican State:

Deposit Methods:

1. Credit/Debit Cards: Credit and debit cards, such as VISA and MasterCard, are widely accepted deposit methods. They offer a familiar and straightforward way to fund your sports betting account. Simply enter your card details, and the transaction is processed securely.

2. PayPal: PayPal is a popular e-wallet that provides a seamless deposit experience. Link your PayPal account to your sportsbook, and you can easily transfer funds without sharing your card details. It’s known for its speed and security.

3. Online Banking Transfer: Many Louisiana sportsbooks allow you to make deposits directly from your bank account using online banking transfer. This method is convenient for those who prefer to use their bank’s online portal for financial transactions.

4. Prepaid Play+ Card: A prepaid Play+ card is a dedicated sports betting payment card that you can load with funds. It’s a secure way to manage your sports betting budget without involving your regular bank account.

5. Electronic Check: Some sportsbooks in Louisiana accept electronic checks for deposits. This method allows you to transfer funds directly from your checking account to your betting account.

6. Cryptocurrencies (Bitcoin, Ethereum, etc.): In the digital age, cryptocurrencies have become increasingly popular for sports betting deposits. Some Louisiana sportsbooks now accept cryptocurrencies like Bitcoin and Ethereum, offering anonymity and speedy transactions.

Withdrawal Methods:

1. Credit/Debit Cards: If you used a credit or debit card for your deposit, you can often request withdrawals to the same card. Withdrawals are typically processed back to the original payment method.

2. PayPal: PayPal is a versatile option for both deposits and withdrawals. You can securely transfer your winnings back to your PayPal account and access your funds easily.

3. Online Banking Transfer: Online banking transfer is another reliable method for withdrawing your winnings. The funds can be transferred directly to your bank account, providing you with quick access to your money.

4. Prepaid Play+ Card: If you used a prepaid Play+ card for your deposit, you can often request withdrawals to the same card. This method maintains the separation of your sports betting funds from your primary bank account.

5. Electronic Check: Some sportsbooks allow you to withdraw your winnings via electronic checks. It’s a convenient way to receive your funds electronically without visiting a physical bank.

6. Cryptocurrencies (Bitcoin, Ethereum, etc.): Cryptocurrency users can also benefit from quick and secure withdrawals. If you deposited using cryptocurrencies, you can typically receive your winnings in the same digital currency.

It’s essential to consider factors such as processing times, fees, and security when choosing your preferred deposit and withdrawal method. While many options provide quick and hassle-free transactions, it’s advisable to select the one that aligns best with your preferences and financial goals. Keep in mind that the availability of these methods may vary among different Louisiana sportsbooks, so it’s wise to check with your chosen platform for specific details regarding deposit and withdrawal options.

Betting Restrictions in Louisiana

Louisiana, like many states in the United States, has established certain regulations and restrictions surrounding sports betting to ensure responsible and fair gambling practices. Understanding these restrictions is crucial for both sports bettors and sportsbooks operating in the Pelican State. Here are some key Louisiana betting restrictions to be aware of:

1. Legal Age for Betting:

• To participate in sports betting in Louisiana, individuals must be at least 21 years old. Age verification measures are in place to prevent underage gambling.

2. Geolocation Requirements:

• Sports bettors in Louisiana must be physically located within the state’s borders when placing bets. This requirement is enforced through geolocation technology, which ensures that all bets are made within the legal jurisdiction.

3. Betting on In-State Collegiate Teams:

• While Louisiana permits sports betting on college sports, there are restrictions when it comes to in-state collegiate teams. Bettors can place straight bets involving college teams, but prop bets related to in-state teams are not allowed. This restriction aims to maintain the integrity of college sports.

4. Betting on High School Sports:

• Betting on high school sports events is strictly prohibited in Louisiana. This regulation is in place to protect the well-being of young athletes and maintain the integrity of high school sports programs.

5. Live-Bets:

• Live-betting, also known as in-play betting, is a popular form of sports wagering. In Louisiana, sportsbooks offer live-betting options, allowing bettors to place wagers on various aspects of a game while it is in progress. However, all live bets must adhere to the same regulations as pre-game bets.

6. Responsible Gambling:

• Louisiana sportsbooks are required to promote responsible gambling practices. They provide resources for individuals who may develop gambling-related issues and offer self-exclusion programs for those who wish to limit their betting activities.

7. Self-Exclusion Programs:

• The state of Louisiana provides self-exclusion programs that allow individuals to voluntarily exclude themselves from sports betting for a specified period. This initiative aims to assist those who believe they may have a gambling problem.

8. Taxation:

• Sportsbooks operating in Louisiana are subject to taxation. The state imposes a 15% tax rate on earnings through online sports betting. For retail sports betting, the tax rate is slightly lower at 10%. These taxes contribute to state revenue.

9. Parishes’ Approval:

• While sports betting is legal in Louisiana, it’s essential to note that not all parishes have approved it. Individual parishes have the authority to decide whether to permit sports betting activities within their jurisdictions.

Sports bettors in Louisiana should be aware of these restrictions and regulations to ensure that they comply with the law while enjoying their favorite sports events. Additionally, it’s vital to gamble responsibly and seek assistance if needed when facing gambling-related issues. Sportsbooks also play a crucial role in adhering to these regulations to maintain a safe and fair sports betting environment in the state.

Short History of Online Betting in Louisiana

The journey of online sports betting in Louisiana began with legislative actions in 2020 and came to fruition in early 2022. In May 2020, the Louisiana State House and Senate passed HB697, laying the foundation for sports betting licenses for both retail and online operators. The November 2020 election saw strong support from 56 of Louisiana’s 64 parishes, approving the legalization of online sports betting. Subsequently, in June 2021, Governor John Bel Edwards signed the bills into law. The Louisiana Gaming Control Board then crafted and implemented sports betting rules by October 2021. Finally, on January 28, 2022, online sports betting went live in Louisiana, marking a significant milestone in the state’s gambling landscape and providing bettors with a legal and regulated platform to enjoy their favorite sports events.

Conclusion

In conclusion, Louisiana offers a dynamic and promising landscape for sports betting enthusiasts. With a wide range of betting options, local teams, and exciting events, there’s plenty to explore. By understanding the legal framework, familiarizing yourself with betting options, and making use of convenient deposit methods, you can embark on an exciting and responsible sports betting experience in the heart of the South. Keep these insights in mind as you explore the best sportsbooks in Louisiana, and always remember to bet wisely and within your means.

FAQs about Best Sports Betting Sites in Louisiana