Last updated on: August 4th, 2022
Legal Arkansas Sports Betting
Arkansas has offered regulated sports betting since November 2018. There are currently three land-based retail operations in Arkansas that accept wagers from locals and tourists. Arkansas regulations also allow for mobile sportsbooks with the first operators going live in April 2022. Arkansas is home to several sports betting options both retail and online. Legal sports betting sites remain the best options for odds and betting variety in the Natural State. Arkansas bettors have embraced the market, with millions wagered yearly at sportsbooks. Fans can find odds on all major sports teams and other niche bets at Arkansas sportsbooks.
- Arkansas residents voted in favor of regulating sports betting during the 2018 elections.
- Oaklawn Racing Casino became the first sportsbook to go live in Arkansas, launching on July 1st, 2019.
- Mobile sportsbooks in Arkansas were given approval to launch on March 4, 2022.
- Betly Sportsbook launched the first mobile sports betting app in Arkansas on April 26th, 2022.
|Rank||Sportsbook||Bonus Offer||Play Now|
|1||50% Up To $250 Read Review||Visit Bovada!|
|2||50% New Member Bonus!Read Review||Visit BetOnline!|
|3||50% Up To $1,000 Read Review||Visit MyBookie!|
|4||100% Up To $2,500||Visit BetUS!|
|5||100% Up To $300Read Review||Visit Xbet!|
|6||50% Up To $1,000 Read Review||Visit SportsBetting!|
Is Bovada Legal In Arkansas?
Bovada certainly is legal in Arkansas being that they are a licensed online sportsbook that is available all throughout the United States. Bovada is licensed by the governing body in Costa Rica and being that it has those regulations in place, it makes them a fully functional online sportsbook in the Land of Opportunity. Some might even find that they have competitive odds to some of the regulated books as well and might even have higher valued promotions.
Bovada has a mobile betting platform like no other and has been one of the premier online sportsbooks in Arkansas since first launching back in 2011. The great thing about them is that they always have a bonus handy for new and existing users. Existing Users can gain risk-free credits just by referring a friend to sign up.
- Well regarded sportsbook
- Great bet builder tool
- Thousands of wagers
- Live betting
- Mobile betting
The cryptocurrency world has been evolving and MyBookie has been changing with it. Aside from the normal deposit and withdrawal methods that can be found on their site, they have also added numerous crypto options such as Bitcoin, Ethereum, Litecoin, Dogecoin, and many others. Also, you will not have to pay any fees when using crypto as a financial method.
- Huge Player Bonuses
- Consistent Odds
- Easy Interface
- Rapid Live Betting
Unlike the state-regulated online sportsbooks that operate in Arkansas, BetOnline caters to existing users with a bonus waiting for you on every deposit that you make. Using their LIFEBONUS code, they will match any deposit you make into your account by 25% up to $250. While the regulated options do have bonuses, they are unable to offer them on every deposit.
- Reliable Banking Methods
- Strong Server Connection
- 10+ Year Track Record
- Huge Assortment Of Odds
- No App Mobile Betting
Where XBet stands out from the rest of the online sportsbooks that are available is on the accessibility side of things. You can use XBet from anywhere that you may be in Arkansas with your mobile device’s web browser. You can take advantage of bonuses, make deposits and place bets all with the touch of a finger.
- Worry-free Legal Betting
- Exclusive Bonus Offers
- Constantly Updated Odds
- Premier User Experience
- Full Mobile + Live Betting
Betting bonuses are what make online sports betting in Arkansas enjoyable and SportsBetting has taken it to another level. You can gain bonuses while using Bitcoin and other cryptocurrencies of up to $1,000 with their 100% match on initial deposits. After that, you can earn up to $350 in credit on any other deposit.
- Efficient Site Layout
- Full Mobile Betting Suite
- Available Customer Service
- Trustworthy Banking Options
- Fast Payout Times
Arkansas Sports Betting And Gambling Timeline
- June 25, 2022: Sen. Greg Albritton discussed sports betting in AL at the 2022 Alabama Press Association Summer Convention, noting that he had a plan, but needed the votes.
- April 7, 2022: The Alabama 2022 legislative session ends without any approval of sports betting.
- March 9, 2022: The Alabama Senate Tourism Committee passes SB 294 and SB 294, proposed by Sen. Greg Albritton.
- March 4, 2022: Sen. Greg Albritton proposes SB 293 and SB 294, bills to regulate both lottery and sports betting in Alabama, in addition to gambling.
- February 23, 2022: The House of Representatives presented HB 405 sponsored by Rep. John Rogers. This bill would allow sports betting in Jefferson County only.
- December 22, 2021: Sen Greg Albritton announces a plan to propose new sports betting bills in the 2022 legislative session.
- May 17, 2021: SB 319 dies in the Alabama Senate after failing to be voted on.
- April 14, 2021: SB 310 passes the Senate, and would need only House passage and a governor’s signature to become law.
- February 2, 2021: HB 199 is pre-filed for the 2021 legislative session by Rep. John Rogers. It would regulate both lottery gameplay and sports betting.
- January 2, 2021: The Senate presents SB 319 and SB 310. Both bills would bring online casino games, regulate sports betting, and establish the Alabama Gaming Commission.
- December 23, 2020: A new study says that regulation of gambling – including sports betting – in Alabama could yield a windfall of up to $700 million.
- June 5, 2020: HB 336 dies in the House Committee without a vote.
- April 4, 2019: Rep. John Rogers files HB 315, which would regulate sports betting in Alabama. Rogers will continue to file similar bills in the upcoming years.
Betly Sportsbook has a retial sportsbook at the Southland Casino in West Memphis, and offers both online and mobile sports betting. They are currently the only state regulated online sportsbook in Arkansas. However, they do not offer the same odds and banking methods that the other online sportsbooks have to offer such as Bovada or MyBookie. There, you are allowed to bet on entertainment odds such as Politics and different award shows.
Possible Online Sportsbooks In Arkansas
With the 51% revenue split for casino operators legally required in Arkansas, there has been a relative lack of action by some of the bigger-name national sportsbooks to join the online and mobile sports betting market in Arkansas. Unless that split lowers, or the well known brands decide to join the market in spite of having to give the casino operators 51% of their revenue, it is unlikely to see some of the big-name sportsbooks launch in Arkansas.
FanDuel is certainly an industry-leading sportsbook in many states, but FanDuel Sportsbook is not available in Arkansas. Even if they were, FanDuel Sportsbook does not offer the same bonuses and financial methods that some of the other online books have. They do not offer Bitcoin or other crypto methods and do not have the same big paying bonuses. FanDuel’s DFS is legal and available in Arkansas.
DraftKings Sportsbook is not available in Arkansas. The DraftKings DFS section of their site is offered in Arkansas. Their online sportsbook does not allow deposits and withdrawals with cryptocurrencies, so if they were ever to launch in Arkansas, it would not be considered one of the top sports betting options in Arkansas.
BetRivers has not launched a sportsbook in Arkansas. If they did it is important to note that they do have the makings of a great online sportsbook, there is no doubt about it, but they lack some of the features that others have to offer. They do not allow you to use any sorts of cryptocurrencies to make deposits or withdrawals or even use their bonuses. They also have different odds than the others in terms of political odds and others of that nature.
TwinSpires Sportsbook is not available in Arkansas, but the racebook they are preodominantly known for is. However, books like MyBookie and XBet can be serviceable as well for betting on horses. Something that differs between TwinSpires racebook and MyBookie is the racing promotions that they offer as TwinSpires does not have offers every day while MyBookie does.
Sports Betting Laws In Arkansas
Arkansas was seen as an anti-gambling state in the past as they hadn’t allowed many forms of gaming and gambling. However, sports betting became legal in November 2018 when the voters passed the agenda on their midterm ballot. With a 55% pass rate, the residents proved they wanted Arkansas to be more of a pro-gambling state and follow suit with the nation. Now that there are Arkansas sports betting regulations, bettors can find land-based sports betting in up to four locations. Mobile betting was approved in early 2022, allowing both online and land-based sportsbooks in Arkansas to be regulated.
The sports betting laws in Arkansas are simple and straightforward. It all started in 2018 when voters went in favor of regulated sports betting coming to the state. However, at the time sports betting could only be done in person on casino grounds. That was until 2022 when regulated mobile and online sports betting launched. As for the licensing fee it costs $250,000 to obtain. Once obtained, the operator must pay a 13% tax on the first $150 million in revenue and 20% on anything after that.
What Is The Sports Betting Age In Arkansas?
State-run Arkansas sportsbooks accept bettors who are at least 21 years old per state regulations. Online sportsbooks regulated outside the US but operate in Arkansas can see players wager who are at leastthe legal betting age of 18 years old.
Current Events For Arkansas Sports Betting
- Betly Sportsbook, partners with Southland Casino, becomes the sports betting app in Arkansas (April 26th).
- Southland Casino launches the first online/mobile sports betting operator in Arkansas (March 5).
- A 51% revenue share is decided on for online betting.
- HB 1942 is presented by Lee Johnson for mobile sports betting (April 19, 2021).
What Teams Can I Bet On In Arkansas?
While there are no major professional sports teams in Arkansas, there are several collegiate and minor league teams to choose from when it comes to your sports betting slate. The largest Arkansas fan base belongs to the University of Arkansas Razorbacks, one of the winningest college football programs in the country.
Since the Razorbacks always make their mark on the yearly NFL draft, UA fans are particularly well-suited to stepping up to the NFL and predicting the impact that the school’s young graduates will have at the next level. With over 80 active players in the NFL, you’d better know your Razorbacks if you want to be any good at legal Arkansas sports betting.
|Arkansas Razorbacks (NCAA)||Arkansas State Red Wolves (NCAA)||Arkansas Travelers (MiLB)|
|Arkansas-Pine Bluff Golden Lions (NCAA)||Central Arkansas Bears (NCAA)||Little Rock Trojans|
|Northwest Arkansas Naturals (MiLB)|
Betting On The Arkansas Razorbacks In Arkansas
The Arkansas Razorbacks are the heart and soul of sports in the Land of Opportunity which makes betting on them that much more enjoyable. Looking at the Razorbacks football team first, while they haven’t had the best S/U record in the last three seasons at 14-21, they have done a solid job against the spread having gone 19-15-1 in that span for a 55.9% cover rate. As for their basketball team they have been dominant straight up and against the spread in the last three seasons. They have the best record in the conference in that span at 73-28 S/U and the second-best record against the spread at 56-43-1. The hoops team has also been successful in March Madness over the last two season with two consecutive Elite 8 appearances that saw their odds to win the championship reach as short as +155.
Arkansas Football Past ATS Records
- 2021: 8-4-1
- 2020: 7-3
- 2019: 4-8
Arkansas Basketball Past ATS Records
- 2021: 21-16
- 2020: 19-11-1
- 2019: 16-16
Previewing Arkansas Razorbacks Odds 2022-23 Football Season
There are some high hopes for the Arkansas Razorbacks football team headed into the 2022-23 season as some college football ranking systems have them as the #16 ranked team in the nation. Oddsmakers have also given them some high hopes as well in terms of their odds to win the National Championship, conference, division, and projected win total. All of their odds are the highest they have been in recent years. Both their odds to win the National Championship and SEC title have opened at +10000 or below for the first time since the 2015 season. This is also their highest set win total in the last five seasons.
Arkansas Razorbacks Odds
- National Championship: +10000
- SEC Championship: +5000
- SEC Division: +1600
- Win Total: O/U 7.5
Arkansas Sports Betting Revenue and Taxes
Arkansas sportsbooks, like in many other states, peaked in November 2021 in terms of state tax revenue as well as sportsbook revenue, mostly due to an immense 19.27% hold percentage. The NFL was full of upsets in November – it was a good month for sportsbooks in many states – but perhaps the Arkansas Razorbacks had something to do with it. The Razorbacks won three of their four November games and covered the spread against the Alabama Crimson Tide. Perhaps Razorbacks bettors assumed they’d fail against Bama and LSU, and took the other side of those wagers. Arkansas now has online sportsbooks, although the first months of online sportsbook operation, March and April, did not show immense jumps in terms of revenue.
Arkansas Sportsbook Revenue, Hold And Handle (Last 12 Months)
Can I Bet Real Money On Sports In Arkansas?
Yes, Arkansas is home to a handful of retail sportsbooks where real money sports betting can occur. As far as mobile sportsbooks, that’s a job for legal online sportsbooks like BetOnline, Bovada, MyBookie, and SportsBetting, as Arkansas has not yet legalized a mobile sports betting industry of its own.
Where To Bet On Sports In Arkansas
Although sports betting is now legal in Arkansas, there are only three sportsbooks taking bets right now with a fourth on the way in the form of a Jerry Jones-built mega-casino. There are two casino sportsbooks in Hot Springs and one in West Memphis. There are also numerous available sportsbooks in Mississippi as well as online sportsbooks in Tennessee if you don’t mind traveling. But technically you can bet on sports anywhere in Arkansas because you have access to licensed online sportsbooks.
|Hot Springs Sportsbooks|
The Oaklawn is most known for its many horse races, including the Oaklawn Stakes, but it also features full sports betting in its casino. Oaklawn is located just north of Lake Hamilton along Highway 7.
|Pine Bluff Sportsbooks|
|Saracen Casino Annex Sportsbook|
|West Memphis Sportsbooks|
Betly Sportsbook at Southland Casino Racing
Southland’s main sports betting attraction is its on-site greyhound track, but it also offers a fully-featured sportsbook. Southland Casino is less than 10 minutes from downtown Memphis.
Horse Race Betting In Arkansas
Arkansas has limitless ways for online horse racing betting. The Land of Opportunity rings true for gambling on horses and Arkansas has its own horse racing tracks. Residents that can’t engage in horse racing betting in Arkansas can find internet racebooks like MyBookie and BetOnline among others. With the convenience of your mobile phone, you can sign up with one of these sites and find a mountain of bets on the 2022 Triple Crown events and the odds for the Kentucky Derby and other popular races.
Daily Fantasy Sports In Arkansas
Arkansas has the distinction of being the first state of 2017 to legalize and regulate Daily Fantasy Sports (DFS). The 11th US state overall to put the official stamp of approval on DFS, Arkansas saw HB2250 pass the state senate 25-5 and pass the house with a unanimous 85-0 vote, becoming law in April 2017.
Several commercial, paid-entry DFS leagues now do business in the state, with the largest two – DraftKings and FanDuel – making up about 95 percent of the market. In fact, these two leagues, with an estimated 15 million combined users, were instrumental in lobbying Arkansas to pass the publicly-supported legalization, and they continue to work with many state governments across America to promote the availability of and access to the DFS lifestyle.
Arkansas Online Sportsbooks Deposit Methods
One leg up that licensed online sportsbooks have on the regulated Arkansas sports betting options are the deposit options that they have to offer. Sure, you can use your normal everyday credit and debit card, however, they expanded into the cryptocurrency market as they accept payments in Bitcoin, Ethereum, and other big named cryptos.
|Deposit Method:||Bovada Min/Max:||BetOnline Min/Max:||MyBookie Min/Max:||BetUS Min/Max:||XBet Min/Max:||SportsBetting Min/Max:|
|Ethereum||$50/$5,000||$50/$100,000||$20/Customer Level||$10/$50,000||$20/Customer Level||$50/$100,000|
|Bitcoin Cash||$10/$5,000||$20/$100,000||$20/$10,000||$10/$50,000||$20/Customer Level||$20/$100,000|
Arkansas Sports Betting Bonuses
Sports betting bonuses in Arkansas is what makes betting interesting and enjoyable as you can take advantage of free betting credits just for making a deposit into your account. Some Arkansas sportsbook bonuses can bring in as much as $1,000 just for making a deposit into your account. Also, let it be known that when signing up for multiple betting accounts, you can take advantage of any promotions that come your way.
|Bovada||No Code Needed||50% Deposit Match Up To $250||5x Rollover|
|BetOnline||BOL1000||50% Deposit Match Up To $1,000||10x Rollover|
|MyBookie||MYB100||100% Deposit Match Up To $1,000||10x Rollover|
|BetUS||JOIN125||125% Deposit Match Up To $3,125||10 x Rollover|
|SportsBetting||SB1000||50% Deposit Match Up To $1,000||10x Rollover|
|XBet||XB100||100% Deposit Match Up To $500||7x Rollover|
Arkansas Online Sports Betting Payouts
Getting paid out when betting on sports in Arkansas is the most important factor. While the licensed options do not let you withdraw funds back to your bank account, there are plenty of other payout options including a cashier’s check, money order, wire transfer along with cryptocurrencies.
|Withdraw Method:||Bovada Min/Max:||BetOnline Min/Max:||MyBookie Min/Max:||BetUS Min/Max:||XBet Min/Max:||SportsBetting Min/Max:|
|Bitcoin||$10/$5,000||$20/$500,000||$20/$10,000||$10/$50,000||$20/$500,000||$20/Depends Customer Level|
|Bitcoin Cash||$10/No Limit||$20/$100,000||N/A||$50/$5,000||N/A||$20/$100,00|
|Check By Courier||$100/$3,000||$500/$2,500||N/A||$50/$3,000||N/A||$1,500/$2,500|
Mobile Sports Betting In Arkansas
Mobile Arkansas sports betting is fairly new as it launched in the front end of 2022. There was some controversy surrounding the revenue split between the sports betting operators and the state being that there is a 51% revenue share in place. However, that was put behind and now up to eight online operators will be able to enter in the state. The first sportsbook to launch their online platform was the Southland Racing Casino on March 5 with the Betly sports betting app. Other mobile sports betting apps can be found right here
- Bovada Mobile Sportsbook
- BetOnline Mobile Sportsbook
- MyBookie Mobile Sportsbook
- BetUS Mobile Sportsbook
- SportsBetting Mobile Sportsbook
- XBet Mobile Sportsbook
What Sports Teams Can I Bet On In Arkansas?
|Arkansas Razorbacks (NCAA-D1)||Arkansas State Red Wolves (NCAA-D1)||Arkansas Tech Wonder Boys & Golden Suns (NCAA-D2)|
|Arkansas Travelers (MiLB)||Arkansas–Fort Smith Lions (NCAA-D2)||Arkansas–Monticello Boll Weevils & Cotton Blossoms (NCAA-D2)|
|Arkansas–Pine Bluff Golden Lions (NCAA-D1)||Central Arkansas Bears & Sugar Bears (NCAA-D1)||Harding Bisons (NCAA-D2)|
|Henderson State Reddies (NCAA-D2)||Hendrix Warriors (NCAA-D3)||Little Rock Trojans (NCAA-D1)|
|Northwest Arkansas Naturals (MiLB)||Ouachita Baptist Tigers (NCAA-D2)||Ozarks Eagles (NCAA-D3)|
|Southern Arkansas Muleriders (NCAA-D2)|
Arkansas Sports Betting Highlights
- 1995: Arkansas lost the March Madness championship to the UCLA Bruins after being a 3-point underdog. They lost the game 89-78.
- 1994: The Arkansas Razorbacks won the college basketball National Championship with +700 odds.
Legal Arkansas Sports Betting FAQs
Is Online Sports Betting Safe In Arkansas?
Yes, online sports betting is safe in Arkansas when using the best websites to wager on sports. Just make sure the sportsbook you are using has a license from a governing body.
Where Are The Best Places To Bet On Sports In Arkansas?
There are three sports in Arkansas to gamble on sports: the Oaklawn Racing Casino Resort in Hot Springs, the Saracen Casino Resort in Pine Bluff, and the Southland Casino Racing. These are the only sportsbooks in Arkansas but Oaklawn may have the most to offer.
Can I Bet On Sports With My Friends In Arkansas?
Can you watch the games with friends in Arkansas? Yes. So, that also allows friendly bets on sports to occur as there are no laws that forbid it.
When Did Sports Betting Become Legal In Arkansas?
Known as “Issue 4” on the ballot back in November 2018 is what legalized sports betting in Arkansas by a 55% majority vote on the matter. It was a very close vote but a legal sports betting industry in Arkansas was born from it.