When it comes to great sports betting destinations, there’s no better place to live than Nevada.
You may argue New Jersey has more online betting sites. But Las Vegas is home to the most lavish casinos in the world.
Historically, Nevada is the oldest sports gambling destination in the US. The state legalized gambling way back in 1931 although the first bet was placed in 1949. Nevada was also the only state to be exempted from the PASPA Act of 1992, which prohibited sports betting until 2018.
Online Sports Betting in Nevada
Nevada legalized online betting in 2010. At the time, no other state was allowed to offer mobile betting. This was the case until 2018, when the Supreme Court struck off PASPA.
Since 2018, more than 30 states have legalized sports betting in-person, online or both. That includes Colorado, Pennsylvania, New York, New Jersey, Delaware, Rhode Island and West Virginia.
To experience mobile betting in the Silver State, you must register for an account in-person at a licensed sportsbook. The most popular NV online sports betting sites include BetMGM, DraftKings, FanDuel, and PokerStars Sports.
Choose a sportsbook with your preferred features. If you love bonuses, focus on getting the best bookmaker for bonuses. If you like bookies with great odds, prioritize odds over other features.
Of course, you can always read reviews to get help. You can’t really tell if a site has great odds all the time unless you read online reviews.
Legal Gambling Age in Nevada
The legal gambling age in Nevada is 21 years. And since you must sign up for an account in person, it means you need to possess an I.D., passport or driving license before you’re allowed to place a bet.
Although nonresidents can bet at Nevada-based mobile sportsbooks, you can’t use these websites if you’re located outside of the state. You must be within the state at the time you want to bet. Sportsbooks use geofencing technology to enforce this rule.
Sports Betting Tax in Nevada
Like all other states with legal sports betting, Nevada taxes gambling winnings. The state has a flat 6.75% state tax and a federal tax rate of 24% for winnings above $5000.
For clarity, you pay the federal tax only if your winnings are 3x more than your stake. That means if you bet $5000 and win $5000, you only pay the state tax. Another thing to know is that the tax is the same regardless of whether you bet online or in person.
Compared to other states, Nevada’s tax on gambling winnings is on the fair side. New Jersey—which is often considered the best state for mobile betting—has an 8.5% tax.
New York taxes sports bettors 9.65% while Delaware’s tax on gambling winnings can be as high as 15.5%. Pennsylvania has one of the lowest tax rates for betting profits at 3.03%.
Legal and Restricted Betting Markets
Being home to the biggest casinos in the world, you would expect Nevada to permit nearly all forms of betting. Sadly, that’s not always the case. Yes, you can bet on a wide range of sports and leagues.
You can bet on the NFL, NBA, MLB, NHL and MLS. You can take on tennis, boozing, MMA, rugby or eSports. Of course, Nevada also accepts bets from major foreign sports events like English premier league football, the World Cup, Formula One and Lacrosse.
However, there are things you won’t find on Nevada’s leading betting apps. First, you won’t find political bets. That means no betting on presidential debates or which senator will resign first.
Another popular restriction is betting on college sports in Nevada. You can predict college matches from other states. Just not those taking place within the Silver State.
Similar to many states, Nevada prohibits entertainment bets. This means no Oscars, no Grammys, scripted shows or WWE bets. If you want to place these bets in Nevada, your only option is to use an offshore sportsbook.
Betting Bonuses in Nevada
If you visit a Las Vegas casino, you may or may not qualify for a bonus. Most casinos give out comp points to high rollers. On the Internet, though, everyone qualifies for a betting bonus.
All you need is to register an account and make your first deposit. Some betting sites give you a bonus equal to your first deposit for a maximum of $100. Others will match your deposit for an amount worth up to $1000.
Should you accept betting bonuses? Do bonus deals have a catch? Betting companies give out bonuses for marketing reasons. They want you to choose their services.
At the same time, no sportsbook wants to lose money. As such, nearly every bonus you get has terms and conditions. For example, you may be required to play through your bonus 1-5x.
That’s not to say you shouldn’t accept bonuses. If you get a $100 free bet and turn it into $300, you shouldn’t have issues completing 1x wager requirements. With that in mind, find betting sites with multiple promotions.
Look out for cashback deals, parlay boosters, reload bonuses, and loyalty programs. Also, ensure you can withdraw your winnings and that the withdrawal limit is conveniently high.
Choosing an Online Sportsbook in Nevada
Now that you know the gambling, betting and age restrictions in Nevada, you’re ready to place your first bet. But which sportsbook should you use? Betting companies are not created equal.
If you want to have a wonderful mobile betting experience, choose the right sportsbook. Look for the following features: licensing and security, reputation, odds, betting markets, payment methods, bonuses and customer service.
Licensing and security help you avoid scams and illegal sportsbooks. Security also protects your data and finances. Next, you want to choose a bookie with your favorite sports and leagues.
Most betting sites offer a comprehensive range of betting markets. But they vary in their odds. Look for bookmakers with the best odds. Good odds maximize your potential profits.
Needless to say, you want a betting app with your favorite payment options. It should have sweet bonuses and efficient customer service.
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