Best Nevada Sportsbooks

When thinking about gambling and sports betting in the USA, one’s mind naturally turns towards Nevada, the USA’s capital of gambling and entertainment. For many years, bettors across the US flock towards Nevada, hoping to have their day in the sun and emerge lucky from the various casinos and racetracks.

However, with the new internet age, it is no longer necessary to visit land-based gambling establishments. Instead, you can bet on your favorite sport from the comfort of your home. There are many Nevada online sportsbooks available; the question is which ones are the best to use. We looked at several features of online sportsbooks to identify the best Nevada sportsbooks. This includes looking at the bets and odds they offer and their sports selection. In addition, we also looked into the offshore sportsbooks that are available. But first, what do the current laws in Nevada say about online sports betting?

Online Sportsbook in Nevada

Unlike most of the US, Nevada had legalized sports betting since 1949, being the first and only state to do so until 2018. When the PASPA was retracted in 2018, many other states followed Nevada’s example in legalizing sports betting. However, while Nevada legalized sports betting both in-person and online, there are specific requirements punters have to comply with. The Nevada Gaming Control Board Gaming Commission regulates the sportsbooks to ensure these regulations and requirements are met.

When registering at a Nevada sportsbook, bettors are required to be at least 21 years of age, and they must register in person at the Nevada online sportsbook’s land-based counterpart. All Nevada online sportsbooks must have a physical location by which they can be accessed. This is to help ensure the sportsbooks are appropriately managed and as part of the KYC process since bettors have to register in person.

While you need to register in person to bet at a Nevada real money online sportsbook, it’s not always necessary to be a resident of Nevada. As long as you have proper identification, even a tourist can register to bet in Nevada. Nevada does limit certain sporting events from being bet on, namely any event related to minors. This means it’s illegal to bet on high school sporting events, for example.

Betting Options

When considering different Nevada sportsbooks, we always look at what types of bets they offer and their odds. 

Moneyline 

One of the most popular and simplistic bets is Moneyline bets. Moneyline bets refer to when you bet on which team will win, with no other conditions attached. This type of bet generally uses American odds, meaning the plus and minus odds. Underdogs have higher odds since they’re less likely to win, while the favorites have lower odds. 

If Team A are the underdogs, they’d have plus odds, for example, +115. Team B, being the favorites, has minus odds, like -120. When it comes to betting, you read plus and minus odds differently. Plus, odds like +115 mean that if you bet $100, you win $115 if your bet is successful. Minus odds like -120 mean that you need to bet $120 to win $100 if your bet is successful. 

Live 

Live betting often bridges the gap between betting at a land-based racetrack and an online sportsbook. Live betting refers to bets made while a game is underway. Not only is this a chance if you missed the pre-game bets cutoff, but you can also make bets in real-time.

This is great for various reasons, as bettors can now see how the match progresses and change their bets based on what happens in the game. There are many different bets, and some betting sites even stream the matches live on the site. Live betting is a way to still bet from your home but feel as though you’re part of the action.

Point Spread

Another popular bet is the Point Spread bet. This bet is a way to even out the odds between two teams to odds of around -110, especially if there is a big gap in ability between them. It handicaps the favorite while giving the underdog a better chance and odds. It also gives both teams a margin to win or lose.

If Team A has -7.5 (-110) odds and Team B has +7.5 (-110) odds, team A is the favorite to win, as they have lower odds, while Team B is the underdogs. To win, Team A must win with 7.5 or more points for your bet to succeed. On the other hand, Team B either needs to win outright or lose with less than 7.5 points for your bet to be successful.

Totals 

Also called Over/Under bets, this bet doesn’t care who wins the match, but rather the total points scored during the game. Bookmakers will look at a matchup and decide what they believe the total amount of points will be during a match. Bettors will then bet whether they believe the total points will be over or under the bookmaker’s total. To avoid a tie from happening, bookmakers will generally add a half-point to their odds.

If we look at an example, bookmakers will give a particular match 8.5 odds. If you bet over and the end scores are 5/3, you lose, as the total points are eight altogether and under wins. If the score is 5/4, you win, as nine is over 8.5 and under loses.

Futures

There are many different ways to make a futures bet, but essentially it comes down to betting on an event that will happen in the future. While futures bets are long-term investments, they are worth betting on. When we say futures bets are long-term investments, we don’t just mean it’s because the event happens in the future, but also because payout only occurs at the end of the event or season. The odds for futures bets constantly change as new factors come to light and the betting market changes.

A popular bet, for example, is who will win the Super Bowl or who the season’s finals will be. If you make a futures bet related to a tournament or season, then you don’t receive your winnings until the end of the tournament/season. This is valid even if the event you betted on is earlier in the tournament/tournament.

Prop

Arguably one of the most extensive bet types, prop bets are some of the punters’ favorite wagers to make. Prop bets don’t necessarily focus on the outcome of a match but rather on individual events that happen in or before a game. It can range from a particular player scoring the most goals to the coin toss outcome. As such, it’s one of the most fun bets and also great if you don’t want to bet on which team will win.

Parlay

While one of the riskiest bet types, it’s also one with the most lucrative payout if you win. Parlay bets are several bets made on one bet slip, ranging from two to ten. You can make different bet types, but to win the Parlay bet slip, you have to win all your bets. If even one bet results in a loss, you will lose the entire bet slip.

Let’s say on your bet slip, you bet that team A will win, the total points for the match will be over, and Team A’s star player will score the most goals. If all these bets come true, you’ve won the bet slip and will receive high returns. However, if Team A won and the points were over, but their star player didn’t score the most goals, you will lose all three bets.

Nevada Sportsbooks Promotions and Bonuses

An exciting aspect of online sportsbooks is the sports betting bonuses they give, and Nevada online sportsbooks don’t disappoint in this department. They’re always trying to entice new bettors to their betting site and ensure their current punters remain loyal. They use various bonuses as incentives, ranging from matched deposits to no deposit bonuses.

Matched deposit bonuses usually come in the form of free bets. Bettors will make a deposit and can receive free bet tokens, which they use as bonus credits when making bets. Please note that often, the free bet tokens are non-withdrawable. If you make a bet with bonus credits and it results in a win, you’ll receive your winnings, but not the initial bet you made with the credits.

Depending on the casino, a matched deposit can also be bonus cash matching your deposit from 100% to 500%. This allows you to play with extra cash, although there will be wagering requirements attached. No deposit bonuses are exactly as it sounds, a bonus you receive without needing to deposit. It’s usually a smaller amount and has higher restrictions or requirements, but it’s still a way to get free cash.

Withdrawals and Deposits at Nevada Online Sportsbooks

When it comes to betting with real money, the different banking options you have at your disposal are always important. We look at various sportsbooks and see what the most popular and frequently offered methods are.

Credit and Debit Cards

While credit and debit cards are some of the most popular payment methods, they can sometimes be a bit problematic. Due to the Federal Wire Act, some card companies don’t process payments with online gambling service providers, even if it’s legal in the state. We recommend always ensuring whether your card company allows these transactions.

Prepaid Cards/Play+

Although they aren’t often used for withdrawals, prepaid cards are a popular deposit method. If they are available for withdrawals, the limits are set low. On the other hand, Play+ cards affiliated with the sportsbook brand are fairly popular. You can use your card, online banking, or other apps to load money onto your Play+ card and use that to deposit at the sportsbook. You can also use it to withdraw your winnings through online banking, an app, or an ATM.

PayPal

One of the most popular ways to deposit and withdraw is PayPal. PayPal acts as a middleman between your bank/card company and the sportsbook, making it an easy way to deposit and withdraw cash. It’s one of the fastest methods and also has low to no fees attached and there are many attractive PayPal betting sites out there.

Online Banking

Online banking is the go-to method if you deposit using a method that doesn’t allow withdrawals. However, it is the method that has the longest payout speed, as it can take between three and ten days depending on the sportsbook and bank.

PayNearMe

PayNearMe is a way for you to make payments in person. You can use several establishments to deposit or withdraw money, like a 7-Elevens, CVS, or the bet shop’s cash cage. These methods do usually have a fee attached.

Bitcoin

There are also a number of Bitcoin betting sites available in Nevada.

How to Register and Place a Bet

If you’re 21 years or older, you can register at any Nevada online sportsbook. Since you need to register in person, the process is relatively straightforward. The sportsbook team will do the actual registration for you.

1. With your valid ID document, visit one of the sportsbooks at their physical location to register.
2. Make a deposit, either at the bet shop/cash cage or online
3. Claim your welcome bonus
4. Start betting on your favorite sport

Nevada Sports Leagues Available for Betting

There are many different sports available to bet on in Nevada, ranging from popular sports to less popular. Here is a list of some of the top leagues and sports that you can bet on with the best Nevada sportsbooks:

• NBA Sportsbooks
• MLB Sportsbooks
• NFL Sportsbooks
• NHL Sportsbooks
• Horse Racing Sportsbooks
• Soccer Sportsbooks
• Golf Sportsbooks
• UFC Sportsbooks
• Boxing Sportsbooks
• Tennis Sportsbooks
• Esports Sportsbooks

Features of Sportsbooks in Nevada

There are several essential features the best Nevada online sportsbook should have. We’ve listed the top five elements we look for in the best sportsbook:

• Valid license and security
• Vast betting and sports selection
• User-friendly betting site
• Multiple banking methods
• Good customer service

Conclusion

As one of the first states to legalize sports betting, Nevada has a rich history in gambling and entertainment. Many online sportsbooks are available to bettors, but sometimes it gets overwhelming to choose one to play at. 

We looked at the many Nevada online sportsbooks to see which are the best sportsbooks available. We looked at the different types of bets and odds offered and what banking methods are available. The best sportsbooks offer betting opportunities on many different sports, not just the most popular ones. The sportsbooks should also be licensed and have specific features to ensure they’re reputable and trustworthy to play at.

After evaluating different sportsbooks, we compiled a list of the best Nevada sportsbooks, so feel free to take a look now and choose the best one for you.

FAQs

Who regulates gambling in Nevada?

The Nevada Gaming Control Board Gaming Commission oversees and regulates all gambling institutions, including sportsbooks and betting sites.

Are there Nevada mobile sportsbooks available?

Yes, mobile sportsbooks have played a significant role in Nevada’s online betting market. Most Nevada sportsbooks offer not only an excellent mobile betting site but also mobile sports betting apps for iOS and Android users.

Where can I bet online in Nevada?

With Nevada being the USA’s capital of gambling and entertainment, many online sportsbooks and casinos are available. Almost every casino in the state has an online casino or sportsbook site. Look at our list of the best Nevada sportsbooks to find a sportsbook to bet on online at.