Online sports betting in Oklahoma

Table of contents

Sports betting continues to increase in popularity as yearly major events reach a fever pitch and more people get invested in streaming and betting on certain games. The fact that you never have to leave your home to participate in online gambling is one of its key advantages. There are several other advantages to using them, including the convenience of being able to watch sports and place bets in real time. If you’re looking for a place to gamble online, the ideal option is the one that caters to your particular requirements.

The topic of online sports betting in Oklahoma will be the main subject of this article. We’ll cover everything from the most well-liked sports on which to wager to the legality of such activities in Oklahoma and then the best incentives for sports betting, and much more.

No, online sports betting is not legal in Oklahoma. There are currently no brick-and-mortar establishments dedicated to sports betting, and the only way for there to be any such businesses would be for sports betting to be made legal. Despite the fact that a brand new gaming agreement with two local tribes was signed, it seems that there is still a long way to go to achieve such locations.

The chances of online sports betting becoming legal in Oklahoma still remain quite high. Remarkable developments have occurred in the previous years regarding the authorization of sports gambling. And, this change is making it possible for more states to allow sports betting.

This means that if ever Oklahoma residents want to participate in sports betting then they have to join offshore betting sportsbooks. A few common options are DraftKings, FanDuel and BetRivers.One thing to keep in mind as bettors invest in offshore OK sportsbooks, for the time being, is that offshore sportsbooks have certain risks. And, players who join such sites are not fully backed by the law in case something goes wrong.

The following section discusses some of the most common sports in Oklahoma for people to wager on. The National Hockey League, the NBA, Major League Baseball, and the National Football League are the main focus.

  • Hockey (NHL) – Always exciting, Hockey games offer a wide variety of bet types to players. Aside from betting on the winner, you may also gamble on the overall amount of goals. The Puck Line, sometimes known as the spread, is a popular betting option among hockey fans. Picking a winner is another popular kind of wager in NHL games. And, this is known as the Moneyline bet. This is when looking at the odds to see who is a favorite and who is an underdog comes into play. More complex wagers, such as player props, are also available.
  • Basketball (NBA) – This sport is the second most bet on just behind football. Basketball’s high stakes and intense competition continue to lead to a surge in the sport’s betting market. There is seldom a bookmaker that does not have some kind of basketball wagering option. The NBA, Liga ACB, and other leagues provide the bulk of the basketball action. When it comes to putting bets on basketball, there is a diverse choice of betting kinds available to choose from. You may wager on the result of various basketball games by making good guesses either before or during play. There are many other types of wagers to place on a basketball game, but the most typical ones include the Moneyline, spread, quarter bets, winner margin, and so on. Futures and other long-term investments are other options. These wagers can be made as many as a few months ahead of the scheduled game date.
  • Baseball (MLB) – Understanding baseball odds is perhaps the most critical step in becoming a successful MLB bettor. Fans may use their expertise in MLB betting for every game of the season. This is as long as they have a firm grasp of the basic concepts. Metrics help evaluate every aspect of a baseball game. This is from the competition to previous stats and each match. That means there is a wealth of information available for baseball gamblers to use in analyzing and betting on MLB odds. Futures bets are a great way to follow a player’s or team’s season-long performance. You can keep yourself up-to-date while you learn how to make money betting on baseball. Further, betting on an underdog that wins and surprises everyone can net you a tidy sum. The key is – don’t always follow the trend. Making bets via just one sports betting service is a common rookie error when betting on baseball. As a result, gamblers would have little choice but to utilize whatever odds are available. You may instead shop for the greatest odds by opening many accounts at various sites.
  • Football (NFL) – When it comes to NFL Football, bettors can wager on almost anything, and fans love it. Everything counts, from yards gained to the number of touchdowns scored. Point spreads change over the course of a game. Therefore, bettors must be aware that the spread written on their ticket may vary from the game’s initial or final spread as well as from the odds on their betting sheets. Football also lends itself well to parlay wagers due to the sheer number of outcomes that may be predicted. Individual player props, Moneylines, Over/Unders, and totals can all be part of parlays.

The current situation of Oklahoma’s online sports betting

Placing bets on sports is against the law in Oklahoma. This is despite the fact that the state is home to more than 120 tribal casinos. As a result, Oklahoma is not a prime sports betting market due to the absence of major sports teams and betting platforms.

For as long as this is the case, residents of Oklahoma may place wagers in a secure and legal manner with any of the leading offshore sportsbooks that cater to Oklahomans. These websites provide gamblers with endless excitement and amusement because of the large range of games and sports available for wagering. Full-scale sports betting in Oklahoma would make a broad variety of professional and collegiate sports open to wagering.

When it comes to wagering on sports, football, soccer, basketball, and baseball are perennial favorites. While some sportsbooks only cover the largest games, others spread the action over a wide variety of prominent and lesser-known events. However, some lesser-known sports provide some of the finest betting opportunities. The top online sportsbooks will have odds and statistics for a large number of different sports.

Can you bet on Daily fantasy sports in Oklahoma?

Yes, anyone from Oklahoma may participate in Daily Fantasy Sports (DFS). The US Gaming Commission and the Fantasy Sports Trade Association are the two organizations that keep an eye on daily fantasy sports. This means that users aged 21 years and above can have access to online sites. In other words, all transactions, including deposits and withdrawals, are completely secure and safe for gamers.

Daily fantasy sports are comparable to regular fantasy sports in that participants pay a fee to play against others. They do this by assembling a team of real-life athletes from a certain sports league. Once you’ve made a deposit, you may enter any of the available tournaments. Contests are hosted on online platforms, where users may assemble a group of athletes to play in a certain league. And, they can compete for cash prizes depending on the actual results of those athletes.

The game awards point to players based on the statistics of actual athletes competing in various events. DFS games, on the other hand, are often over the course of a single day or week rather than an entire season, giving participants more constant opportunities to make or lose cash.

What online sports betting bonuses can players be able to get in Oklahoma?

Casino bonuses are what attract new players and maintain existing ones. Even though betting is what makes the game enjoyable, almost everyone would like to walk away with a few extra bonuses now and then.

  • Sign up bonus – Online casinos often provide sign-up bonuses in an effort to get new users to try out their sites. Every new player at a casino is eligible for a welcome bonus when they sign up for an account. In order to qualify for a bonus, you will often have to fulfill a series of set terms. Every online casino competes for players by offering its own unique bonus in the hopes of attracting new business. Deposit bonuses at online casinos often come in the form of cash and free spins. Money-back guarantees and internal point systems are more possibilities. If you’re not ready to commit to a real money wager, you can find no deposit bonuses that require nothing more than an email address and a confirmation that you’re human.
  • Matched deposit bonus – A percentage match-up of a player’s first deposit is a standard welcome reward by betting apps in OK. If you deposit $100 after signing up the sportsbook will match it 100%. This adds much-appreciated cash to your betting stash. Sportsbooks offer these bonuses to entice new customers to sign up for their platform. These bonuses are normally offered in the form of cash or credits. However, players cannot just withdraw these bonuses after they have received them. There will be wagering requirements in place for every bonus. In order to withdraw your no-deposit bonus in cash you will have to wager them a certain number of times (normally 30 to 40) before this is possible. This protects the sportsbook to an extent as they hope that a player will have lost their bonus before the wagering requirements are met. However, if a player meets the sportsbook wagering requirements they can withdraw their bonus in cash.
  • Free bets – Bettors who use online sportsbooks often get free bets, which are credits to use to make wagers at no risk to the bettor. These bets are not cash, so gamblers can’t just take the money and go. You’ll need to place a qualifying wager instead. At the conclusion of the process, the free bet investment is removed. And, any wins are deposited into your cash balance. You place a wager with them, and if you win, you are paid in real money. Free bets are a common promotional offering at sportsbooks and are not only for new customers. When you make a large wager or make plenty of visits, you may get these from time to time.
  • Risk-free bets – One method that online gambling sites in Oklahoma attract new customers is by providing free bets on a variety of sporting events. A risk-free wager is one in which the bettor still benefits in some way regardless of the outcome of the wager. Depending on the site, this may come in the form of free bets or site credit. Despite the fact that they need no initial investment on the part of the gambler, free bet risk-offerings are less desirable for punters since they only return the profit from successful free bets and not the original amount. Simply put, they allow you to make up for a bad first wager. Placing bets on sites that provide refunds in site credit results in more site credit being the reward. This often equals the initial bet made. There are stipulations to every no-risk sports betting deal. Reading the fine print is essential since it contains critical information on refunds and any requirements.
  • No deposit bonus – Free bonuses where you don’t need to make a deposit are available at certain virtual gambling establishments. Simply register a brand-new player account at the casino to get your bonus. Players at online casinos may get one of many different no-deposit bonuses. Free spins and other casino incentives sometimes come with restrictions on what kinds of games to play with them. In second place among free, no-deposit bonuses are those that provide players with a certain number of spins without the need of making a deposit. The way they function is that the gambling establishment will provide you with a particular number of free turns on a certain game.

One of the most important aspects of any online casino is the variety of deposit and withdrawal options available to players. As a result, players should give careful consideration when choosing how to fund and cash out their betting accounts. Below are a few of the most popular payment methods

  • VISA – When it comes to making purchases, Visa is a reliable and time-saving option. Through a network of financial institutions, the firm offers a variety of Visa-payment options (debit, credit, and prepaid). Visa may confidently claim global recognition as a brand. It’s available at the finest online casinos throughout the world and can be accessed from any location. When it comes to playing at virtual casinos, Visa is often the payment method of choice. It’s not hard for players to discover a gambling site that takes their preferred payment option.
  • PayNearMe – With PayNearMe, you may fund your online gambling account with cash at the closest partnering business. After receiving a barcode, you may either print it or display it on your mobile device to the cashier before making payment. Neither the casino nor the shop will ever ask for your financial information. Since this is the case, using PayNearMe allows you to rest easy knowing your personal information and transactions are safe. Because you are not using credit to gamble, you are more likely to play responsibly. Unfortunately, you can’t get cash with PayNearMe yet. Money won at an online casino may be withdrawn via many methods.
  • Discover Card – When it comes to making deposits and withdrawals at online casinos, Discover Cards are a quick and simple option. When gambling with a Discover Card casino, the card is often only for deposits. All the perks you receive from using any other credit card company are available with Discover as well. As a result of their cutting-edge encryption systems and new identity verification, they offer the highest level of security possible. Benefiting from near-instantaneous processing times is a major perk of these deposits.
  • American Express – As one of the world’s most prominent credit card companies, AMEX is in the same league as Visa and Mastercard. The company uses state-of-the-art security measures to ensure the safety of its customers. Given its widespread acceptance, American Express is a great choice for making an online purchase. It’s simple to use and provides high levels of protection for all of your financial dealings. When making a purchase using American Express, you can rest assured that your financial and identification details will remain safe.
  • Neteller – The main advantages of using an electronic wallet are their low or nonexistent transaction fees and their ease of usage. You don’t even have to provide the casino with your banking information to fund your account; instead, you may use an electronic wallet. It’s also worth noting that deposits made with this technique are almost immediate.
  • Play+ – Play+ is a prepaid card that may be used at online casinos that have approval for operation in certain jurisdictions. It operates on a cashless approach, and there won’t be any submission of financial information of any kind, not even while playing online. Today, prepaid Play+ cards are a common option for the vast majority of casinos. With such a high rate of approval, it is a viable option to more conventional payment systems like credit cards.

Yes. Spectatorship and wagering on horse races are both legal in the Sooner State of Oklahoma. The Oklahoma Horse Racing Commission regulates and issues licenses to the state’s racetracks for horse racing.

Just to mention a few – Tulsa, Oklahoma is home to the massive Fair Meadows Racetrack, a racing track and betting hub. The Cherokee Nation runs the racetrack at Will Rogers Downs, which is less than 30 minutes outside downtown Tulsa, Oklahoma. Last but not least, Oklahoma City, is home to Remington Park.

The history of online sports betting in Oklahoma

The state has been moving cautiously through the process of legalizing online gambling in recent years. This is why hope remains that sports betting will soon be legal just like casino gambling, and horse racing. In the state of Oklahoma, gambling of any kind was not legalized until 1916.

The state legislature approved the horse racing legislation in 1983, making it possible for anyone to place bets and wagers on horse races for the first time. In 2004, voters in Oklahoma gave federal recognition tribes the power to operate some kinds of casino games on territories inside the state’s borders. The following year in 2005, the state of Oklahoma gave its approval to establish a lottery venue. In 2020, compacts contained provisions for mobile sports betting that would be set to tribal lands.

Even though Governor Kevin Stitt came very close to legalizing sports betting in Oklahoma, the state continues to uphold its ban on the practice. House Representative Ken Luttrell is working on a bill that might help with the approval of mobile sports betting in the state of Oklahoma. Although mobile sports betting is not part of the planned law for 2022, its sponsor hopes that the discussion it sparks will lead to its eventual inclusion. As of the year 2022, there has been absolutely no forward movement toward the legalization of betting on sporting events. Residents of Oklahoma have little else to do except wait for reintroductions of measures that would hopefully reignite the debate over legalizing sports betting.

The future of online sports betting in OK

It is unclear whether or when Oklahoma will join the ranks of the states that are offering sports betting.

Sports betting is still not legal in casinos across the state despite the introduction of many proposals to do so. Current gambling compacts in Oklahoma are the source of a substantial amount of friction, particularly after unsuccessful attempts to gain approval on legalizing sports betting.

In April 2020, the Sooner State came very near to completing the process and making it official. This is the historical period in which the state legalized sports betting for the two tribes. As part of the agreement, these tribes were to provide wagering services on Oklahoma sports at their respective casinos. The Attorney General reversed a previous judgment that would have made sports betting lawful in the state. And, then the state’s inability to regulate tribal gambling was cited as justification for voiding the agreement. That is why there aren’t any sportsbooks in the Sooner State just yet.

The lack of sportsbooks in Oklahoma makes it difficult to gauge the potential size of the sports betting industry there, but the offerings in neighboring states may give some insight. Several of Oklahoma’s surrounding states have opened their arms to major American corporations looking to provide wagers. If sports betting becomes legal in Oklahoma, Native American tribes will have the option to form agreements with such companies in order to open retail sportsbooks.

Taxes on sports bettors’ gains would be a consequence of the state’s potential adoption of sports wagering legislation. The Oklahoma Indian Gaming Association will be in charge of vetting and authorizing any local or regional sportsbooks, as well as ensuring the security of all retail sportsbooks in the state.

FAQ

Will online sports betting ever become legal in Oklahoma?

There is a good chance that the state of Oklahoma will eventually legalize the practice of betting on sports online. We are seeing more and more states come around to the idea of legalizing internet gambling. So, it seems like Oklahoma's time is approaching. For the time being, residents of the state of Oklahoma can use online sportsbooks to place wagers on sporting events.

Does Oklahoma have any retail locations for sports betting?

There are currently no retail sports betting outlets in the state of Oklahoma. Even though Oklahoma is home to more than 130 Tribal Casinos, it is against the law for any of them to provide sports betting to its patrons. As of right now, Oklahoma citizens may legally make wagers at any of a number of high-quality offshore sportsbooks.

How old do I need to be to bet on sports online in OK?

To participate in sports gaming, one must be at least 21 years old. When you join up for a sportsbook, they will ask for identification data to guarantee you are who you say you are. This is also an important step in ensuring that gambling remains a safe and fun experience for everyone.

Is it illegal to use offshore betting sites in OK?

No. However, gamblers should be aware that offshore betting sites are not subject to the regulations of any particular state. Therefore, the state will be unable to provide any assistance in the event that anything goes wrong. And, you cannot visit any establishment to address any concerns.