Frequently Asked Questions about Sports Betting in Indiana
1. When did sports betting become legal in Indiana?
Sports betting became legal in Indiana on September 1, 2019, following the passing of legislation in May of that year.
2. What legislation allowed sports betting in Indiana?
The bill that legalized sports betting in Indiana is known as House Bill 1015. This legislation cleared the way for both in-person and online sports wagering.
3. Are there any restrictions on sports betting in Indiana?
Yes, while sports betting is legal in Indiana, there are restrictions such as age limits (you must be 21 or older) and the types of bets that can be placed.
4. Can I bet on college sports in Indiana?
Yes, you can place bets on college sports in Indiana, but wagers on in-state college teams are prohibited.
5. How do I place a sports bet in Indiana?
You can place a sports bet in Indiana either in-person at a licensed sportsbook or online via mobile sports betting apps approved by the state.
6. What are the tax implications for sports betting winnings in Indiana?
In Indiana, sports betting winnings are subject to a 3.23% state income tax, and you must report any income from sports betting on your tax return.
7. Can I use my mobile device to bet on sports in Indiana?
Yes, online sports betting is available in Indiana, allowing you to place bets through your mobile device at any time from anywhere within the state.
8. How many sportsbooks are available in Indiana?
As of now, Indiana has numerous licensed sportsbooks, including both physical locations at casinos and various online platforms offering sports betting.
9. When did Indiana first consider legalizing sports betting?
The discussion about legalizing sports betting in Indiana gained momentum after the U.S. Supreme Court overturned PASPA in May 2018, leading to eventual legislation in 2019 about when sports betting became legal in Indiana.
10. What is the future of sports betting in Indiana?
The landscape of sports betting in Indiana is likely to evolve with potential new legislation, more sportsbooks entering the market, and expanding betting options available to users. Keeping an eye on changes will help stay informed about when sports betting became legal in Indiana and its developments.