In May of 2018, the Supreme Court overruled a law that placed a federal ban on sports betting. This decision has given each state the power to legalize sports betting, both online and in-person. Kentucky, like many other states, has legislation that would legalize sports betting if it advances through Congress.
Is Sports Betting Legal in Kentucky?
No. Sports betting is currently not legal in Kentucky. There are multiple bills that would legalize sports betting open in Congress.
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What Would Legal Sports Betting Look Like in Kentucky?
Kentucky legislators introduced bill HB 175 in February of 2019. The bill would legalize sports betting, online poker, and horse racing in the state of Kentucky. This bill will most likely not be discussed until November, after midterm elections.
Bill HB 175 is imposing a tax on operators at a rate of 10.25% of gross revenue. Online wagers would be taxed at 14.25%. Tax revenue would be allocated to operating costs, the Kentucky permanent pension fund, and the Kentucky problem gambling assistance fund.
Would the bill legalize online sports betting in Kentucky?
Yes, bill HB 175 would legalize online sports betting in Kentucky.
Kentucky Online Gambling FAQ
Aside from online sports betting, there other forms of gambling available to Kentucky residents.
Are daily fantasy sports legal in Kentucky?
Daily Fantasy Sports, or DFS, is a cross between fantasy football and legalized gambling. On a broad level, DFS contests are a subsection of fantasy sports. Players compete against their friends, or more often strangers to build a team of professional athletes under a given salary cap, and try and to outscore their opponents. Daily fantasy sports differ from traditional fantasy sports by having contests that last for an evening or the weekend, as opposed to having the same team for months.
Are offshore sportsbooks legal in Kentucky?
No, offshore sportsbooks such as Bovada are not legal in Kentucky. Offshore sportsbooks do accept residents of Kentucky as clients. Although BettingBuck always recommends betting with legal sportsbooks, we do review a handful of offshore sites like Bovada, 5Dimes, and MyBookie.
Does Kentucky have an online lottery?
Yes, the Kentucky Lottery is one of few states that offer online games, such as Keno, Instant Play, Powerball, and more. There are over 30 instant play games available online, as well as via mobile app.
Where does Kentucky online lottery money go?
The breakdown of each Kentucky lottery sale can be seen here. From each sale, 63% goes to winners, 26% to the Commonwealth of Kentucky, 6% to retailers, and 5% to administration.