Indiana regulators have released a list of sporting events and leagues sports bettors in the state will be allowed to bet on once the state’s new sports betting law goes into effect Sept. 1, the Indianapolis Star reported.
The Hoosier State’s governor, Eric Holcomb, signed a robust sports betting bill in May 2019 to allow legal sports wagering at state-regulated casinos and online. Indiana joined the ever-growing list of states jumping onto the legal sports betting bandwagon.
Indiana’s official published list of approved betting choices from the state Gaming Commission includes popular sports such as football, basketball and baseball as well as niche attractions such as boxing, MMA and golf.
While online betting was made legal by the sports betting law, regulators believe bets taken online won’t be part of the first phase of the rollout so they are focusing their efforts on in-person casino regulations.
Interestingly enough, Indiana’s sports betting bill also does not preclude bettors from placing bets on NCAA sports, even those featuring teams and players from any of the state’s colleges and universities -- this in the state where the NCAA has its headquarters, in Indianapolis.
The approved list only includes NCAA Division I sporting events. Still, this is an interesting development because the NCAA is historically resistant to legal sports betting. The state’s approved list includes NCAA Division I football, basketball, baseball, hockey, lacrosse, soccer, softball, tennis and track and field events.
Probably the most popular professional sports in the U.S. are NFL football, MLB baseball, NBA basketball and NHL hockey. All four of the major professional sports leagues will feature contests on which sports bettors in Indiana will be able to wager.
Moreover, minor league baseball games at the Triple-A level are also included on the list. So are football bets on games in the Canadian Football League and the Arena League as well as prop bets on the NFL Draft.
Professional basketball and hockey fans also won’t be left out. Bets in basketball will include the WNBA, the Euro League and International Basketball Federation games. Both NBA and WNBA draft prop bets are also included, and the same for the NHL draft.
Other professional hockey betting options include the International Ice Hockey Federation and World Championships.
Race fans will also be able to get in on the action because NASCAR, Formula One and IndyCar also made Indiana’s list.
Indiana’s sports betting law, HB 1015, includes a 9.5% tax rate on adjusted gross revenue from sports betting. It includes both in-person and online betting options for people 21 years old and older and somewhat mirrors the sports betting law that was passed in New Jersey.
That bill has largely been considered a huge success for the state because it helped New Jersey surpass Nevada in gross sports betting revenue in less than a year.
State regulators in Indiana hope to have everything in place soon so sports bets can be placed at regulated casinos by Sept. 1, though they might not actually have everything ready by that specific date.
Regardless, when all the regulatory systems are in place in Indiana, there will be plenty of sports to bet on from which bettors can choose.