Frequently Asked Questions about Sports Betting in Arkansas
1. Does Arkansas have sports betting?
Yes, Arkansas does have sports betting. The state legalized sports betting in 2018, allowing residents and visitors to place bets at licensed casinos.
2. Where can I place a sports bet in Arkansas?
You can place a sports bet in Arkansas at several licensed casinos, including Southland Casino Racing in West Memphis and Oaklawn Racing Casino Resort in Hot Springs. These venues offer both in-person betting and mobile betting options.
3. What types of bets can I make in Arkansas?
In Arkansas, sports betting includes a variety of wagers such as moneyline bets, point spread bets, and totals (over/under) bets. You can also find prop bets and futures markets available at the casinos.
4. How old do I need to be to place a sports bet in Arkansas?
To place a sports bet in Arkansas, you must be at least 21 years old. This age requirement is consistent with other forms of gambling in the state.
5. Does Arkansas have online sports betting?
Yes, Arkansas does have online sports betting, but it is linked to the licensed casinos in the state. You need to register at a casino to bet online, and then you can place bets through their mobile app or website.
6. Are there restrictions on the sports I can bet on in Arkansas?
Currently, Arkansas does not allow sports betting on college sports events involving Arkansas-based teams. Other sports, including professional leagues and national events, are available for betting.
7. How do taxes work for sports betting winnings in Arkansas?
Winnings from sports betting in Arkansas are subject to state taxes. The casinos withhold a percentage of your winnings for tax purposes, which can vary based on the amount won.
8. Does Arkansas have a mobile betting app?
Yes, Arkansas does have mobile betting apps, but they are operated by the licensed casinos in the state. You must register in person at a casino before using their mobile platform to place bets.
9. Can I bet on sports while visiting Arkansas?
Absolutely! Visitors to Arkansas are welcome to participate in sports betting at the licensed casinos. Just ensure you meet the minimum age requirement of 21.
10. What is the future of sports betting in Arkansas?
The future of sports betting in Arkansas looks promising as the market continues to grow. Changes to regulations may occur as the state evaluates its approach to online and in-person betting, expanding opportunities for bettors.