Is betting legal in Oklahoma?
Sports betting is illegal in Oklahoma, so no retail and online sportsbooks are available. You can visit nearby New Mexico, Colorado, or Arkansas to wager legally. Alternatively, you can play Daily Fantasy Sports (DFS) games in OK.
Who would govern sports betting in Oklahoma?
The Oklahoma Indian Gaming Association would oversee sports betting at retail sportsbooks in tribal casinos. The association would follow regulations set out by OK state lawmakers but have the final say on any licensing issues or new rules such as welcoming betting on new sports or changing college wagering regulations. A new regulatory body will be set up if statewide sports betting is legalized.
How old would you have to be to bet in Oklahoma?
You would need to be at least 21 years old to bet at retail sportsbooks in Oklahoma legally. Sportsbooks will be based in tribal casinos, and you must be at least 21 to step on the gaming floor at Oklahoma casinos.
When will sports betting launch in Oklahoma?
The earliest sports betting can be legalized in Oklahoma is 2023. The new legislative session will give lawmakers another chance to push through sports betting laws. If there is a successful sports betting bill in 2023, sportsbooks could open in late 2023 or 2024.
Where will I be able to bet on sports in Oklahoma?
If sports betting is legalized in Oklahoma, you will probably be able to wager at any of the state’s 143 tribal casinos. 33 different tribes operate these casinos. Statewide online sports betting is unlikely to come to OK for the foreseeable future.
Will sportsbooks in Oklahoma be safe?
The Oklahoma Indian Gaming Association will oversee Oklahoma sportsbooks if online and retail sports betting is legalized. The association will follow the rules from state lawmakers on enforcing safety standards and financial security measures to ensure it is safe to bet.
Would I have to pay taxes on betting winnings in Oklahoma?
Yes, all sports betting winnings in the US are taxed, and you must declare all winnings to the IRS. If you win over $600, you must complete a W-2G form. Gambling winnings must also be declared when completing your state income tax form.
Can you play DraftKings in Oklahoma?
DraftKings sportsbook is not available in Oklahoma. You can travel to Colorado and visit its retail sportsbook at Bally’s Black Hawk North or legally use its online betting site. DraftKings’ Daily Fantasy Sports (DFS) games are available in OK.
Can you play FanDuel in Oklahoma?
No, you can’t use FanDuel to bet in Oklahoma. However, you can play Daily Fantasy Sports (DFS) games on the FanDuel site for the NFL, NBA, MLB, and NHL.
Can you play BetMGM in Oklahoma?
No, sports betting is currently illegal in Oklahoma, so you can’t use the BetMGM sportsbook in OK. You can visit OK’s neighboring state, Colorado, and use BetMGM’s betting site.
Can you play Caesars in Oklahoma?
Caesars sportsbook is not available in Oklahoma. You can visit neighboring Colorado and bet online with Caesars. Alternatively, you can visit the Inn of the Mountain Gods Resort and Casino in New Mexico and bet with odds powered by Caesars.
Can you play TwinSpires in Oklahoma?
TwinSpires is not available in Oklahoma. However, you can travel to neighboring Colorado and place bets with TwinSpires online or by visiting Bronco Billy’s Casino.
Which sportsbooks will be available in Oklahoma in the future?
If Oklahoma tribal casinos are permitted to launch retail sportsbooks in the future, the tribes can partner with major US brands. DraftKings and FanDuel have lots of prior experience partnering with tribes to open retail sportsbooks in Connecticut and would be likely to launch. In addition, other major brands like Barstool Sportsbook, BetMGM, Caesars, and PointsBet would look to sign partnerships.