Illinois Online Sports Betting
If you live in Illinois and want to place a wager on a sporting event, you can do so legally through online sportsbooks. Most sportsbooks have a live chat feature. All have dedicated email addresses as well. While calling a customer service representative is a thing of the past, some do still offer this service. Of course, the online sports betting industry is all about money, so you will need a way to deposit and withdraw your money.
When placing a bet on a sports event, be sure to understand how point spreads work and how they affect the outcome of a game. In baseball, for example, a point spread would set the spread at 1.5 runs, so the bettor would bet on an underdog that is favored to win. In addition to point spreads, there are also prop bets, which are side bets based on player performances.
Many Illinois sports betting websites offer free bet tokens as a way to encourage new players to create an account. Many of them also offer deposit bonuses for new customers, so be sure to sign up with a legal sportsbook. You can also find regulated and licensed Illinois sports betting sites, and these sites are guaranteed to pay your funds. That way, you can feel confident that your money is safe and secure. You can even make withdrawals from out-of-state sportsbooks.
The Illinois Gaming Board began developing regulations for online sports betting in the state. In summer, they opened the public comment period. Then, they began accepting applications from operators. In December, the Illinois Gaming Board approved the sports betting application process. A year after, the first legal sports bet was placed on a sporting event. On March 5, 2022, the state will switch over to online registration. With more competition, Illinois may be close to reaching its first $1 billion monthly sports betting handle in a few years.
In addition to horse racing and football, Illinois sports betting sites offer betting on basketball and ice hockey. These two sports are hugely popular in the state, with the world-famous Chicago Bulls dynasty reborn. DraftKings and other sports betting sites also offer NBA betting. Those who are new to sports betting in Illinois should stay focused on responsible decision-making and don't forget to check the sportsbook's terms and conditions.
The legality of online sports betting in Illinois has been clarified, and for the first time, bettors can register with online sportsbooks from a computer or phone. The rule that required players to register at a casino in Illinois expired on March 5, 2022. In Illinois, you can now place bets on all major sports, except for in-state college games and school props. The next step is to register with the Illinois Sports Betting Commission.
Before a sports betting company can launch an online platform in Illinois, it must wait 18 months. The law requires internet-only operators to wait 18 months before launching standalone sports betting platforms. The Illinois Gaming Board has issued seven Master Sports Betting Licenses, which expire March 5, 2022. BetMGM is the first "online only" license holder. In June of this year, the first "online only" license holder was BetMGM. The rest of the state will be followed by two other "offline" sports betting platforms.
With the legalization of online sports betting in Illinois, the state is attracting some of the biggest names in the industry. But the rules governing this industry are complicated, and there is little certainty as to how they will play out. In fact, the biggest question is how much growth the state will see. It is hoped that the phasing out of in-person registration and stadium sportsbooks will help the state's recovery from COVID-19.
In addition to professional sports, residents of Illinois can place bets on college and local soccer teams. The most popular NFL team in Illinois is the Chicago Bears. MLB66 streams the Bears have only won the Super Bowl once, they have won the NFC North in recent years. The Chicago Cubs have also enjoyed a resurgence in recent years, winning the World Series in 2016 and a Central Division championship in 2020.
Many Illinois sports betting sites have deposit matching bonuses. Depending on the sportsbook, you can get a match of your first deposit up to $1,000. While some of these deposit matches are only a percentage of your initial deposit, they come with a 1x playthrough requirement before you can cash out your bonus winnings. In addition to deposit-matching bonuses, you may also qualify for referral bonuses or wagering credits.
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