Pennsylvania Online Sports Betting
Pennsylvania sports betting first launched near the end of 2018, and that next year would see the start of Pennsylvania online sports betting.
Few states have seen as much growth as the state of PA, and that trend is expected to continue in the coming years.
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Pittsburgh and Philadelphia are both home to a number of professional sports teams, and those two cities drive sports betting in the state. Online sports betting is available state-wide, and that allows both residents and visitors to get in on the action.
Total sports betting handle in Pennsylvania during October 2020 was over $525 million, which is the record for the state. In 2021 and beyond, that record is expected to be shattered, especially as more online sportsbooks enter the market.
Pennsylvania is now one of the three biggest sports betting markets in the United States, and it is closing in on being in the second spot. The PA online sports betting industry has provided plenty of additional revenue for the state, and other markets have looked to this state as a model.
PA sports betting is only just a few years old, but it has already become an important part of the culture and fabric in the state.
Pennsylvania online sports betting brings in the most betting action each month, but the retail betting scene is still strong throughout the state. Pennsylvania sports betting can be done both in-person or online, and it is easy to create a sports betting account for either platform.
Retail sports betting launched near the end of 2018, and the state has been able to attract some popular sportsbooks. All of the casinos in the state are eligible to apply for a sports betting license, and there are more than ten retail sports betting locations in Pennsylvania.
A few of the most popular retail sports betting locations include:
PA online sports betting can be offered by the casinos in the state, but most of these properties have partnered with other sports betting operators. One of the biggest reasons that PA has seen so much growth in sports betting is due to the quality of sports betting operators.
Signing up for a sports betting account can be done online, and that is another factor that has helped drive the industry. Bettors don’t ever have to step foot inside of a retail sportsbook unless they are looking for that kind of action.
Sportsbooks require some basic personal information when creating a sports betting account, such as your legal name, physical address, and the last four digits of your social security number. After your identity is verified, then you will be allowed to create a username and password to use at the site.
PA Sports Betting Rules
PA sports betting features a large number of betting markets, with both US and international competitions featured. Horse racing is also extremely popular in Pennsylvania, and both retail and online sportsbooks will feature these horse racing events.
Sportsbooks are allowed to choose and feature any betting markets that are allowed by state rules and regulations. Even though sportsbooks are able to choose their own sports betting markets, there is plenty of similarities in the market.
Here are some of the most popular sports betting markets in PA:
- Australian Rules Football
- Horse Racing
- Motor Sports
You can also bet on collegiate sporting events in Pennsylvania, which provides another huge boost to sportsbooks, and is a huge bonus for sports bettors. It’s hard to find a sport that is not available to bet on in PA.
The two major restrictions are one esports and events such as the NFL Draft. Sportsbooks are not allowed to offer any betting options for either of those two categories.
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PA Sports Betting Regulations
Pennsylvania sports betting legislation actually dates back to 2017, months before the federal ban on sports betting was lifted. This allowed PA to launch sports betting quickly when it was up to each state to create their own rules and regulations.
In 2017, the state was facing a massive budget deficit, and lawmakers went to work on passing an expanded gambling package. Sports betting was included as a part of that deal, even though it was still technically illegal at that time.
Bill H 271 was the piece of legislation that was ultimately signed to expand gaming options in the state and make sports betting legal. Governor Tom Wolf signed that bill into law in October 30, and sports betting was legal, but there was still no place to bet.
When the federal ban was lifted in 2018, it didn’t take Pennsylvania long to launch the industry and approve sportsbooks. The Pennsylvania Gaming Control Board oversees and regulates sports betting in PA.
Any business that holds a slot machine license is eligible to apply for a sports betting license to offer retail sports betting. Pennsylvania does have some high licensing fees and tax rates, but it has not stopped operators from applying for a license.
There is a $5 million licensing fee to offer sports betting, and all revenue is taxed at a rate of 18 percent.
The legal gambling age to bet on sports in Pennsylvania is 21 years of age.
Read about sports betting in more states
- Check and see if a Betfred sports bonus code is available in your state.
Pennsylvania sports betting has shown plenty of growth since first launching in 2018, and it doesn’t appear to be slowing down anytime soon. PA is now one of the biggest sports betting markets in the US, and online betting has helped drive the industry.
There are a number of professional sports teams in the state, but bettors can also bet on the top international sporting events. Sportsbooks have plenty of freedom in terms of available betting markets, and the operators take full advantage.
Signing up for online sports betting account is a simple process that can be done entirely online. There is no requirement to ever visit a retail sportsbook or casino, and that has allowed the state to attract bettors from around the country.
Now that Pennsylvania has already gone over the $525 million in betting handle for a month, the next logical step will be trying to break the $600 million mark. That’s a lofty goal, but one that should be attainable at some point in 2021.
PA is one of the first states that you should think of when discussing the sports betting market in the US.