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Wyoming sports betting

Wyoming sports betting

In a few states in the US, enjoying sports betting is strictly prohibited. However, there’s good news for those who live in Wyoming — you’re free to bet on your favorite team without any legal consequences. In addition, a few sports betting venues in the state offer some great wagering options.

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Is sports betting legal in Wyoming?

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Yes, sports betting is legal in Wyoming. The state has several casinos that offer sports betting. There are no laws that prohibit residents from engaging in this activity. Wyoming state even offers several online gambling options, including sports betting.

Whether you’re a fan of college or professional sports, there’s something for everyone regarding sports betting in Wyoming. The major sports leagues — NFL, NBA, MLB, and NHL — all have games covered at the most popular betting venues. And if you’re looking for some action on international sporting events, you’ll find plenty of odds available.

Best Wyoming Sportsbooks

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In Wyoming, the five legal sportsbooks are Caesars, BetRivers, BetMGM, PointsBet, and FanDuel. The first four are owned by major casino companies, while FanDuel is a stand-alone company. All five offer mobile apps.

Caesars Sportsbook

The sportsbooks accept professional and college football, basketball, baseball, hockey, and auto racing bets. They also offer wagering on other sporting events such as golf and soccer.

The most popular sport to bet on in Wyoming is football. The state has a large population of University of Wyoming fans, and many people like to bet on their favorite team.

Rewards & Bonuses Offered:

Their loyalty program offers players the chance to earn rewards for every bet they make. They also have various bonus offers, including sign-up bonuses, reload bonuses, and casino-to-sportsbook transfers.

So if you’re looking for some extra value when betting on your favorite sports teams, Caesars Sportsbook is the place to be. They offer the best betting lines and the best rewards and bonuses.

BetRivers

The BetRivers brand is one of the most well-known sportsbooks in operation today. They offer a wide range of betting options for their customers and some of the best odds in the business.

One thing that makes BetRivers so popular is their focus on customer service. They have a team of experts available 24/7 to help you with any questions or problems you may have. Plus, they offer a variety of bonuses and promotions to help you get the most out of your betting experience.

If you’re looking for a quality sportsbook that offers great odds and excellent customer service, BetRivers is worth considering.

Rewards & Bonuses Offered:

BetRivers offer several rewards and bonuses. These include a sign-up bonus, reload bonus, and referral bonus. 

  • Their sign-up bonus is a 100% match on your first deposit, up to $250. 
  • The reload bonus is a 50% match on your next deposit, up to $250. 
  • Their referral bonus is $50 for every friend you refer who signs up and deposits at least $100. 

BetMGM

The company offers a wide range of betting options, including pre-match and in-play wagers on various sports. Betting markets are also available for major political events, such as the U.S. Presidential Election.

In addition to standard bets, BetMGM offers “exotic” bets that allow bettors to gamble on multiple outcomes for a single event.

Rewards & Bonuses Offered:

Online sportsbooks such as BetMGM offer players great rewards and bonuses just for signing up and making a deposit. 

These rewards can include free bets, bonus cash, and even tickets to major sporting events. In addition, BetMGM offers a variety of promotions throughout the year that gives players additional opportunities to win big payouts. 

So whether you’re a seasoned pro or just starting, BetMGM is worth checking out for some of the best gambling rewards.

PointsBet

They are a prominent online casino in Wyoming and have been making headlines for their innovative approach to sports betting. The company has quickly become one of the leading operators in the state, thanks to its user-friendly platform and wide range of betting options.

PointsBet offers bettors a unique “points” system to make wagers on various outcomes. This betting style is perfect for novice and experienced punters alike and makes PointsBet one of the most versatile casinos in Wyoming.

In addition to its excellent sportsbook, PointsBet also offers a comprehensive casino games suite. Players can enjoy everything from slots and table games to live dealer titles. There is something for everyone at PointsBet, making it one of Wyoming’s top choices for online casino players.

Rewards & Bonuses Offered:

PointsBet is one of the newest sportsbooks to enter the U.S. market, and they are doing things a little differently. They offer in-game betting, but they also provide a variety of unique bonuses and rewards.

For example, PointsBet offers a “points” system that allows players to earn rewards for making bets. You can then use those points to enter contests or receive other benefits. PointsBet also has a unique referral program that allows you to earn rewards for referring friends to the site.

In addition to these programs, PointsBet also offers sign-up bonuses and other promotional offers. So if you’re looking for a new sportsbook with some unique bonuses and rewards, PointsBet is worth checking out.

FanDuel

This online casino has been in business for over ten years. It is one of the most popular options for players worldwide. The company offers a wide range of betting options, including pre-match and in-play betting and a variety of casino games.

FanDuel is licensed and regulated by the Gibraltar Gambling Commissioner and operates under a license granted by the UK Gambling Commission. 

This ensures that players are treated fairly and that their data is protected. FanDuel also offers 24/7 customer support if players have any questions or problems.

Rewards & Bonuses Offered:

FanDuel is now offering a new rewards program that will give players the chance to win bonus cash prizes. The rewards program, which is called FanDuel Rewards, will allow players to win bonus cash prizes for playing in contests. The program is open to all players, and there are no restrictions on how much bonus cash can be won.

In addition to the new rewards program, FanDuel also offers a new bonus promotion. The $10K Sunday Kickoff bonus promotion will give players the chance to win $10,000 in cash prizes. The $10K Sunday Kickoff is a contest that will feature a $10,000 prize pool. The top 1,000 finishers will receive a share of the prize pool.

Wyoming Sports Betting Options

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Money Line Bets

Bettors can either wager on a team to win or lose a game outright or wager on the point spread. Moneyline bets are often riskier than point spread bets, but they also offer greater potential rewards.

There are several benefits to moneyline betting. 

  • First, moneyline bets are simpler to understand and easier to place than point spread bets. There is no need to calculate the pointspread or worry about which side is favored. All you have to do is pick the winner of the game.
  • Another benefit of moneyline bets is that they offer better odds than point spread bets. This makes them a more attractive option for bettors looking for a higher return on their investment.

Point Spread

This betting is a great way to make extra money while watching your favorite sport. 

There are a few key benefits of betting the point spread that include:

  • You can make money regardless of the outcome of the game.
  • The odds are typically in your favor, meaning you have a better chance of winning than if you were to bet on the outright winner.
  • It’s a great way to add excitement to sporting events.
  • You can make money by betting against the spread or betting on the spread.

Over/Under (Totals)

In betting vernacular, “over-under” or “totals” refers to wagers placed on the number of points scored in a game by both teams combined. 

For example, if a sportsbook posts the total at 47.5, bettors can wager on whether the combined score of both teams will be over or under 47.5 points. 

The bettor stands to win money whether the total amount of points scored is more or less than what’s been set.

There are many benefits of over-under betting. 

  • The first and most obvious benefit is that you can make money by betting on the games. 
  • Secondly, over under betting is a great way to make money on games where you have no opinion on who will win. 
  • Thirdly, it can be used to spot profitable betting opportunities. 
  • Lastly, it provides excitement that other forms of betting do not offer.

Parlay Bets

In the simplest form, a parlay bet is made when a bettor places two or more bets on a single ticket, with the idea that all chances will win. If any of the individual bets lose, the entire wager is lost. Parlay betting offers a higher potential payout than single-game betting and comes with a higher risk. 

For example, you put $10 on two different games: the first game pays out at 3/1 odds if you win, while the second game pays out at 2/1 odds. Your total potential payout for this parlay would be $30 (3/1 x $10 + 2/1 x $10), but if either game resulted in a loss, you would lose your entire original investment of $10.

There are many benefits of parlay betting. 

  • The first and most obvious benefit is that you can make much money by correctly predicting multiple outcomes. For example, if you bet on three games and each one of them wins, you would win six times your original bet. The odds are multiplied together when you make a parlay bet.
  • Another advantage of parlay betting is that the payouts are usually much higher than if you were to place the same bets individually. This means that you can win much money with relatively small bets.
  • Finally, another advantage of parlay betting is that it can be used to hedge your bets.

Teasers

This betting is a type of wager in which you combine two or more individual bets into one single bet. 

The odds are adjusted in your favor to make a bet more attractive, but you have to win all of the bets to collect on the teaser. 

Teasers can be a great way to increase your potential payout on a single bet, and they can also be used to reduce your risk on a wager.

The benefits of placing teasers bets. 

  • The odds are adjusted in your favor for a reason — because it’s difficult to win all of the individual bets that make up the teaser.
  • Bets you combine still give you a decent chance of winning overall. 

Prop Bets

A prop bet is a wager on an event that doesn’t affect the game’s outcome. For example, you might bet on how often the announcer will say “deflated balls” during the Super Bowl broadcast or whether Katy Perry will wear something revealing. Prop bets can be as simple or as complicated as you want them to be, and they can be made on just about anything.

Some people avoid prop bets because they don’t want to risk losing money on something that doesn’t matter in the grand scheme of things. But for most people, prop betting is all about its fun. It’s a way to make the game more exciting and add some extra excitement to the proceedings.

There are several benefits to betting on props. 

  • You can make money without knowing a whole lot about the sport in question. Most prop bets are based on superficial things like who will win or how many points will be scored. This makes them ideal for novice bettors.
  • Another benefit of prop betting is adding excitement to a game. When you’re betting on props, you’re not just rooting for your team to win – you’re also trying to guess what will happen next. This can make the game more exciting, even if you’re not particularly interested in the sport itself.
  • Finally, prop betting can be a great way to make extra money. Even if you don’t know a lot about sports, there are still plenty of props available that you can bet on.

Middle Bets

These bets, also known as “in the middle” or “even money,” are bets that have a 50/50 chance of winning. This type of bet typically has a payout of 2 to 1, which means you would receive double your original stake if you win.

For example, if you make a $10 middle bet on black at the roulette table and the ball lands on black, you would win $20 and receive your initial $10 back plus an additional $10 profit. However, if the ball lands on any other color, you will lose your original $10 stake.

The benefit of Middle Bets:

A great benefit of middle betting is that it is less risky than betting on either team to win. If you bet on a team to win, your chances of winning are 50%. 

However, if you bet on two teams to lose, your chances of winning are 66%. This means that you have a better chance of winning money by betting on two teams to lose than on one team to win.

Futures Bets

With future betting, you are predicting the outcome of an event that will take place in the future. This could be something like who will win the Super Bowl or who will be the next president.

There are many benefits of futures betting. 

  • Futures bets offer more flexibility than traditional bets. You can place bets on multiple outcomes, which gives you more chances to win money.
  • Another benefit of futures betting is that it is easy to understand.

Live Betting

These bets, also known as “in-play betting,” are a type of wagering where punters can place bets on sporting events as they are happening. For example, bettors can bet on different aspects of the game, such as which team will score next, how many goals will be scored, and the final score. 

Live betting is available through most online bookmakers and allows customers to bet on sporting fixtures worldwide. In-play betting can be a risky proposition as odds can change rapidly based on the action taking place on the field. However, it can also be fun and provide some exciting moments for bettors.

There are plenty of benefits to betting on sporting events as they unfold in front of you. 

  • Perhaps the most obvious benefit is that it allows you to capitalize on in-play opportunities as they present themselves, rather than waiting until the event is over to find out how you would have done. This can often lead to increased profits, as specific markets (such as Next Goal) can move considerably during a match.
  • In addition, live betting can add an extra layer of excitement and tension to proceedings, as you never quite know what will happen next. This makes for a much more engaging experience and means that even if your team or player is losing, you still have a vested interest in the game.

Points Betting

This betting is a form of gambling where participants stake points instead of money. The points can be accrued in several ways, but the most common is by earning them through regular gameplay. 

In some ways, points betting is similar to casino games like blackjack and roulette, as players can use their points to gamble on different outcomes. 

However, some essential differences make points betting attractive for many punters.

The benefit of point betting is: 

Perhaps the most significant benefit of points betting is that it allows players to gamble with what they can afford. 

Unlike traditional sports betting, where punters need to risk large sums of money to have a chance of winning big, players in points betting can bet as little or as much as they want. 

This makes it an excellent option for those new to gambling or who don’t have much money to spare.

What’s Happening in Wyoming Sports Betting

These are a few events that have taken place so far: 

  • January 3, 2022 — The Wyoming Pari-Mutuel Commission released a report on its November sports betting figures. Wyoming sportsbooks handled just under $11 million in bets, generating just under $1.4 million in gross gaming revenue.
  • February 3, 2022 — The Wyoming Pari-Mutuel Commission granted PointsBet the authority to operate in Wyoming. PointsBet is the fourth sportsbook to obtain approval in the state, following DraftKings, BetMGM, and FanDuel.
  • February 25, 2022 — South Dakota’s neighbor to the west, Wyoming, looked to expand sports betting to statewide online betting during its legislative session. Although the effort made it through the Senate, a committee within the House of Representatives killed the bookmaking objective.
  • March 7, 2022 — The announcement by Wyoming’s Pari-Mutuel Commission indicates that in January, the state’s sportsbooks netted profits of nearly $14 million while collecting more than $1.1 million in total revenue from $7.9 million in wagers. Bookies also made $246,987 from the Super Bowl, which attracted betting amounts of $1.2 million.
  • March 10, 2022 — FanDuel is the third active sportsbook in Wyoming, following DraftKings and BetMGM. Polygon Sports is expected to join the activity in the coming months next.

Other states with sports betting:

Legal betting options in Wyoming

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The state of Wyoming has several legal betting options available. Horse racing and off-track betting are permitted in the state, as is pari-mutuel wagering on both horses and dogs. 

There are also several tribal casinos located in Wyoming, which offer various gambling options, including slot machines, blackjack, roulette, and craps. 

In addition, the state lottery offers several different games, including scratch tickets, Powerball, and Mega Millions.

Most popular sports to bet on in Wyoming

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Several sports are popular to bet on in Wyoming. Football is always a big draw, with professional games offering plenty of betting options. Basketball is another sport that attracts many wagers, especially during the NCAA tournament. 

And then there are the traditional betting staples like horse racing and golf. Whatever your favorite sport may be, there’s no doubt that you can find a way to bet on it in Wyoming.

Wyoming and Daily Fantasy Sports

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The basic idea behind daily fantasy sports is to create a team of players for a single game and then compete against other players to see who can score the most points. There are several different websites where you can play these games, including DraftKings and FanDuel.

A few things make daily fantasy sports particularly attractive to players. First, these games are typically shorter than traditional fantasy sports contests, so you don’t have to commit as much time. The entry fees tend to be lower than traditional leagues, making them more accessible to casual players.

Is horse racing legal in Wyoming?

Yes, horse racing is legal in Wyoming. The first race track in the state was built in Cheyenne in 1878. Horse racing is regulated by the Wyoming State Racing Commission, which was established in 1969. The commission oversees all aspects of horse racing in the state, including licensing and drug testing of horses and jockeys.

WY sports betting timeline

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Here is what has been going down in the state of Wyoming in regards to sports betting. 

2020

The House floor rejected the bill just 16 days later, by a 27–32 vote.

This bill would have permitted an unlimited number of sports betting licenses at an initial cost of $20,000 and an annual charge of $10,000. In addition, sports betting income would have been taxed at 16 percent.

Walters wasn’t sure how the vote would end since many voters were on the fence about whether to vote for or against the bill. Four of those voters, he said, ultimately voted no.

The casino-focused populace was not as interested in expanded gambling this year, but a close vote indicates there might be a different turnout next year as it has in previous years.

2021

Rep. Tom Walters again proposed a measure that would allow legal sports gambling with HB 133. Initially, the House voted against the bill but then reconsidered it and passed it.

Among the shocks of the 2021 legislative session was the fast passage of the bill. However, the Senate voted on the issue quickly, and Gov. Mark Gordon signed it into law in April.

The Wyoming Gaming Commission quickly established rules for an October 2021 launch.

2022

FanDuel is the first app to be released since September 2021. Its debut took place one month ago in Laramie, Wyoming. PointsBet is scheduled for release in the coming months.

Banking Options for Online Sports Betting in Wyoming

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When it comes to banking options for online sports betting in Wyoming, PayPal, debit cards, and credit cards are the most popular methods. PayPal is one of the most widely used payment processors globally and is accepted by many online sportsbooks. 

  • Debit cards are also popular because they are linked directly with a player’s checking account and can be used to make deposits and withdrawals quickly and easily. 
  • Credit cards offer players a little more flexibility when it comes to withdrawing funds, as they can be used to withdraw winnings from an online sportsbook and make deposits. 
  • Skrill is another payment processor becoming increasingly popular with online bettors and is accepted by many sportsbooks.

FAQs Wyoming sports betting

Are sports betting legal in Wyoming?

Yes, sports betting is legal in Wyoming. The state has a few laws about gambling, making sports betting legal. Bettors must follow a few rules, but they can enjoy this pastime without any issue as long as they do so.
One of the main things that bettors need to be aware of is no retail betting on sports. However, aside from this one restriction, no other laws apply specifically to sports betting.

Who governs sports betting in Wyoming?

The Wyoming Gaming Commission oversees all gaming activities in the state, including sports betting. This commission is a five-member board appointed by the governor. It is responsible for licensing and regulating casinos, gaming devices, and gambling operations. The commission also oversees charitable gaming and bingo halls.

How old do you have to be to bet in Wyoming?

In Wyoming, you must be 21 years old to bet. This is in line with the law in most states, as the age of majority for gambling is usually 21. 
There are good reasons for setting the legal age for gambling at 21. Young people may not have the experience or judgment to make informed decisions about gambling and may be more likely to develop problems with gambling addiction.
In addition, many casino games are designed to give players an edge over the House — something that inexperienced gamblers may not realize.
If you’re not yet 21 but want to gamble, there are a few things you can do.

What sports can I bet on in Wyoming?

In Wyoming, you can legally bet on the NFL, NBA, NHL, and MLB games. The state offers a variety of sports betting options, including online and in-person. In addition, many websites and casinos offer sports betting in Wyoming. You can also place bets over the phone.
The most popular sport to bet on in Wyoming is football. NFL games are always a big draw, and there are many ways to bet on them. For example, you can place bets on the game’s outcome, the point spread, or the total number of points scored.