Best Louisiana Sportsbooks

Louisiana is one of the states which legalized sports betting back in 2020. After the bill’s passing, residents were granted legal access to both retail and online sportsbooks in the state as well as offshore sportsbooks too. While more than five online sportsbooks are already operating, more operators plan to join the new market. Every operator is offering bonuses and features in an attempt to make them stand out among the sports betting enthusiasts in Louisiana.

Even though sports betting sites are legalized, more actions are set to make sports betting conveniently accessible to everyone in Louisiana. While the market continues to attract more operators daily, it’s essential to know who the most reliable bookmarkers are.

Let’s have a detailed look at how sports wagering operates in Louisiana.

The Legality Of Sports Betting In Louisiana

In 2021, Governor John Bel Edwards signed the 2021 Louisiana sports betting bill. The bill granted 20 sportsbook licenses to interested operators providing mobile betting and in-house sports wagering. According to the bill, Louisiana Lottery Corporation can offer a maximum of two skins (mobile platforms) for each licensee. The Louisiana Gaming Control Board will regulate and manage the operations of the Louisiana sports betting industry.

The new law also allows the state to provide qualified applicants with a temporary certificate of operation. Below is a crucial breakdown of the 2021 Louisiana sports betting bill.

• Sports betting is allowed on professional, amateur, and college sports, including Louisianan-based universities and colleges.
• Bettors can place prop bets, but with some specific exceptions. For instance, one cannot wager on a player’s injury.
• The minimum age to participate in sports betting in Louisiana is 21 years old.
• Sports betting is not allowed on underage athletes or high school games.
• Players, coaches, referees or anyone directly involved in sporting events can’t wager on that sporting event.
• Louisiana licensed sportsbooks must have their betting servers in Louisiana. Betting is geographically limited to the 55 parishes in the state.
• Players will have their winnings taxed. Bettors will get a 10% tax and a 15% tax for in-person sports betting on online/mobile sports wagering.

Louisiana’s sports betting and gambling activities are managed and regulated by the Louisiana State Racing Commission and Louisiana Gaming Control Board. The Louisiana State Racing Commission provides a shared approval of sports betting activities at racing casinos.

Louisiana Online Sportsbooks

Since real money sports betting is legal in Louisiana, the online sportsbook can freely operate in Louisiana. Sportsbooks can provide in-person and online sports betting services to anyone geographically located in Louisiana. However, if you are in a parish that hasn’t introduced the sports betting applications or platforms, you will be geographically locked out of the operating sportsbooks.

Online sportsbooks operating in Louisiana must require a license from the Louisiana Gaming Control Board. Additionally, casinos can also operate retail and online sportsbooks. However, they have to get approval from the Louisiana State Racing Commission. Louisiana bettors have access to both local and offshore sportsbooks. Unlike locally licensed sportsbooks, offshore sportsbooks don’t lock out players from parishes with no gambling applications.

Land-Based Sports Betting In Louisiana

Like online sports wagering, bettors in Louisiana have the option of betting on sporting events from retail sportsbooks in Louisiana. When sports betting was legalized in 2021, retail sportsbooks in Louisiana were created speedily to meet the new market’s demand.

Currently, Louisiana has more than nine retail sportsbooks operating in the state. Players can easily access the various sports betting retail stores. The retail sportsbooks also have mobile platforms which residents can easily access within Louisiana.

Louisiana Horse Racing And Off-Track Betting

Horse racing is one of the most popular sports in Louisiana. Residents of Louisiana have enjoyed horse racing on licensed tracks since 1916. The state currently has five licensed horse racing tracks, which feature quarter and thoroughbred horse racing. Most of the tracks are also licensed brick-and-mortar casinos in Louisiana, even though some of the tracks have officially become licensed sportsbooks.

The state also has off-track betting online platforms. Bettors can find plenty of betting tracks platforms in Jefferson Parish. Those who enjoy the thrill of watching live horse racing can go for the retail sports betting platforms that specialize in horse racing bets.

Offshore Betting

Sports betting players in Louisiana have access to locally licensed and offshore licensed platforms. There are already more than five land-based sportsbooks operating currently. However, there are offshore sportsbooks that bettors can also access.

Offshore gambling sites offer sports betting services in non-US jurisdictions. There are plenty of offshore sportsbooks, but not every sportsbook in the industry is safe to join. While Louisiana residents are highly recommended to use the locally licensed sportsbooks, the offshore ones also have their benefits. If you prefer offshore sports betting platforms, it’s crucial to follow our in-depth research below.

The Best Offshore Sportsbook

Finding the best local sportsbook can be easy due to the small number of sportsbooks operating in Louisiana. However, when it comes to offshore, the situation gets more complicated. Louisiana gambling enthusiasts have a long list of offshore sportsbooks offering different features. Offshore sports betting platforms have the following benefits to Louisiana bettors:

• They have more competitive sports betting odds compared to local sportsbooks.
• Punters have access to a broader betting platform with new opportunities and betting choices.
• Offshore sportsbooks have more comprehensive coverage of more sporting events around the world.
• They offer convenient and extensive banking options for punters.

Our team of experts have spent extensive hours reviewing Louisiana offshore sportsbooks. When looking for the best and most reliable offshore sports betting platform, we considered the following key metrics:

Public Opinion And Reputation

The most reliable and reputable offshore sportsbooks will have various players’ best public opinion and reputation. Offshore sportsbooks need to meet high consumer expectations and standards. Various online gambling ranking platforms review the various sportsbooks and give their opinion.

Fairness In Lines And Odds

Since overseas regulators control offshore sportsbooks, they require a high degree of integrity and fairness. Offshore sportsbooks should offer better odds compared to locally-based sportsbooks. Reliable offshore sports betting platforms pay extra taxes, which allow them to adjust their odds.

Security And Fairness

Some offshore sportsbooks aren’t located in the US. Bettors are usually wary of offshore sportsbooks, which are not locally regulated. We recommend punters to go for offshore sports betting platforms with high-security protocols and SSL encryptions. Some even have third security audits to ensure all the players’ data is safe from hackers. High-level security helps offshore sportsbooks to maintain draconian safety measures and reputation.

Offshore Sportsbooks Bonuses And Promotions

Bonuses are prevalent on offshore sportsbooks. The sportsbook bonuses and promotions are designed to lure new players and retain current players. They range from cashback, deposit match and even free bets. Bonuses and promotions increase the overall bankroll of bettors. However, they come with wagering requirements that the player must meet. Depending on the operator, the bonuses will vary from welcome bonuses, and weekly promotions to even tournaments.

Available Sports And Betting Markets

Local sportsbooks will prioritize local sports. However, the offshore sportsbook covers any popular sporting event from all over the world. Horse racing is one of the most popular sports in Louisiana, but international sports wagering platforms will cover horse racing betting events worldwide. Apart from horse racing, Louisiana gambling enthusiasts can wager on the NFL, MLB, NBA, NHL and many other games. Sportsbooks covering various sports have more popularity among bettors.

Offshore sportsbooks have a wider variety of sports betting markets. Popular betting markets present at offshore sportsbooks include prop bets, money lines, spreads and totals, among many others. Punters pick betting markets based on their knowledge and experience.

Novice players will opt for more specific betting markets, while more experienced bettors will go for complex bets. Modern sportsbooks also allow live bets on ongoing sports.

We have Louisiana sportsbooks that cover each of the following sports:

• NFL Sportsbooks
• Super Bowl Sportsbooks
• NBA Sportsbooks
• March Madness Sportsbooks
• MLB Sportsbooks
• NHL Sportsbooks
• NCAA Sportsbooks
• Soccer Sportsbooks
• Tennis Sportsbooks
• Boxing Sportsbooks
• UFC Sportsbooks
• NASCAR Sportsbooks
• Horse Racing Sportsbooks
• Esports Sportsbooks

Payment Options

The various payment options that are available can make an online player’s experience far more convenient. Some of the most popular payment options in Louisiana include; PayPal, Skrill, Neteller and Bitcoin, amongst others. You can find the best Bitcoin betting sites, best PayPal betting sites, best Skrill betting sites and best Neteller betting sites here.

Daily Fantasy Sports in Louisiana

When Governor John Bel Edwards signed the new sports betting bill, he also allowed the legal operation of daily fantasy sports platforms. Currently, there are less than five daily fantasy sports operators in the state. There is hope that more operators will join the industry.

Louisiana Gambling Tax

Like all other states which have legally permitted sports betting, Louisiana has also placed tax regulations on the sports betting industry. Louisiana residents are legally required to pay taxes on all their wins from sports betting activities. The Louisiana tax rate ranges from 2% to 6%. Residents are subjected to both state and federal tax. Louisiana residents are expected to pay 24% tax on their wins when it comes to federal tax.

When it comes to federal tax, residents can only pay the taxes if the sports betting pay-outs fit the following conditions:

• A minimum of $1500 for Keno winnings.
• A minimum of $600 if the win was at least 300X more than the wager.
• A minimum of $1200 for slot machines and bingo wins.
• A minimum of $5000 from poker tournament wins.
• Any wins are subjected to federal income tax without holding any requirement.

How To Join a Louisiana Sportsbook

Bettors in Louisiana can wager on sports both offline and online. When wagering online, you need to follow a specific process to access the various sports betting platforms. To start online sports betting in Louisiana, you need to follow the below steps:

Step 1:

Start by choosing the best sportsbook for you through the

Step 2

You will be required to open a player’s account. Most sportsbooks will require you to provide your identification details. During the registration, you will select a preferred password that you will use to log in to your player’s accounts.

Step 3

The operator will then send you a confirmation email to activate your account. Once you have activated your account, you can check if the operator has any existing promotions and bonuses for new players. You can subscribe for the bonuses you are interested in after reading the bonus’s wagering requirements.

Step 4

Sports betting is done with the money. Operators use different currencies, ranging from fiat currencies to cryptocurrencies. The most popular currency for Louisiana sportsbooks is the USD. Sportsbooks also offer different payment methods, ranging from E-wallets and bank transfers to credit and debit cards. Since sports betting is legal in Louisiana, you will have a wide variety of banking options.

Step 5

After funding your account, the next step is to select your favorite sporting event. Sportsbooks cover different sports, from ongoing to future matches. You can place a bet on an ongoing sporting event or a future match. Most sportsbooks allow players to wager on more than sporting events. Deepening on the operator, you can select different betting markets.

Step 6

Once you have placed your wager on a sporting event, the next step is to wait for the outcome of the bet.

Step 7

In case you win a bet, you have the option of placing another bet or withdrawing our wins. Some sportsbooks will require KYC for customer verifications when it comes to withdrawing funds. Most sportsbooks recommend punters use the same banking method when depositing or withdrawing funds.

Conclusion

As Louisianan sports betting market becomes more accessible to both bettors and operators, players have full access to local and offshore sportsbooks. With recent legislation, residents of Louisiana can wager on retail and online sportsbooks.

Bookmakers have plenty of bonuses and promotions to entice new sign-ups. These bonuses are essential as they will substantially increase your bankroll. From our detailed guide, you can easily find the best offshore sportsbook from our list of the best Louisiana sportsbooks that will meet your sports betting needs. 

If you are uncertain about offshore sportsbooks, you can opt for Louisiana’s local retail and online sports betting platforms. Online sports betting comes with more convenience, especially if you are not geographically close to retail sportsbooks.