Frequently Asked Questions About Missouri Legalize Sports Betting
1. When did Missouri Legalize Sports Betting?
Missouri legalized sports betting on August 28, 2021, following the passage of a bill that allowed licensed casinos to offer sports wagering.
2. Where can I place sports bets in Missouri?
After Missouri legalized sports betting, you can place bets at various licensed casinos throughout the state, as well as through online platforms associated with those casinos.
3. What types of bets are allowed under Missouri Legalize Sports Betting?
Missouri Legalize Sports Betting allows various types of wagers, including point spreads, moneylines, totals (over/under), and prop bets on professional and collegiate sports.
4. Are online sports betting platforms available in Missouri?
Yes, following Missouri Legalize Sports Betting, several online sportsbooks partnered with licensed casinos in the state, allowing residents to place bets online.
5. Is there a minimum age to bet on sports in Missouri?
Yes, you must be at least 21 years old to participate in sports betting in Missouri, consistent with other forms of gambling in the state.
6. How are sports betting taxes handled in Missouri?
Sports betting winnings in Missouri are subject to state and federal taxes. Players must report any winnings on their tax returns, just like any other gambling income.
7. Can I bet on in-state college teams in Missouri?
No, Missouri Legalize Sports Betting prohibits wagering on in-state college teams, in order to promote integrity in college sports.
8. Are there bonuses for Missouri sports bettors?
Yes, many online sportsbooks offer bonuses and promotions for new customers, including sign-up bonuses and free bets, especially after the state legalized sports betting.
9. How do I know which online sportsbooks are legal in Missouri?
Only online sportsbooks partnered with licensed casinos in Missouri are considered legal. Always verify that the platform you choose is authorized by the state before placing any bets.
10. What if I have a problem with gambling after Missouri Legalize Sports Betting?
If you or someone you know is struggling with gambling addiction, Missouri offers various resources, including hotlines and counseling services, to help individuals seek assistance and recovery.