The New Illinois gambling bill House 1405, would add an exchange trade gaming license by amending the Sports Wagering Act. As stated in the bill:
The Illinois Gaming Board may provide up to two licensees for exchange trade wagering. The bill outlines the criteria for a license applicant’s eligibility as well as the costs and regulations for obtaining a license. It also makes clear that the license is not to be regarded as a property right. Taxes assessed and collected from exchange trade wagering licensees are equivalent to those assessed and collected from other licensees.
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Can You Place Sports Bet Online in Illinois? Absolutely!
With a few exceptions, online sports betting has been permitted in Illinois since June 2020, when BetRivers sportsbook opened for business. That occurred nine months after the Illinois sports betting bill was approved by the legislature and put into law by Governor JB Pritzker in June 2019. In essence, the new gambling law permitted statewide online and offline sports betting at racetracks, casinos, sportsbooks, and locations that host professional sports in the state.
Online sports betting has been prohibited in Illinois for many years due to intense opposition. Even so, the following pieces of legislation have made sports betting on mobile apps and online platforms completely lawful in the Land of Lincoln.
The Illinois sports betting law that was passed in 2019 makes it permissible to place bets on sporting events through authorized internet sportsbooks and mobile applications as of mid-2020. Illinois sports betting websites and mobile apps offer a number of bet kinds, betting markets, and odds on a wide range of sports and sporting events, much like brick-and-mortar sportsbooks do.
You must register for a betting account and finish the registration process in person at a participating land-based casino before you may place bets online at an authorized online sportsbook. You might be required to upload a scanned copy of your state-issued photo ID, bank statement, or utility bill in order to authenticate your identity and validate your residence. You might be asked to verify your identify by giving the last four digits of your SSN for security reasons after opening a new sportsbook account.
Why Should You Gamble Online at Illinois Sports Betting Platforms?
Nowadays, almost everything can be done online, including placing bets on your preferred sports markets. Illinois residents are increasingly choosing digital sportsbooks and apps over brick-and-mortar sportsbooks to place their wagers, and for good reason:
Gambling convenience at its best
It’s no surprise that recent surveys reveal that almost two-thirds of Illinois people have made at least one wager in their lives. Bettors participate in the activity for a variety of reasons, including pure entertainment, the rush that comes from the prospect of a victory, and the camaraderie of the activity.
No of the motivation, sports betting can be a lot of fun if done so in moderation. The thrill is amplified when you place a wager on a sporting event through a website. It makes no difference how close you are to a physical casino; the reality is that most brick-and-mortar sportsbooks just can’t compete with the ease of access provided by online sports betting sites and mobile applications.
Unlike in-person bookmakers, they may provide hassle-free wagering, instantaneous money transfers, and a bewildering selection of sporting events on which to wager. Bettors in Illinois have unrestricted access to the finest in online sports betting through any mobile device, with no restrictions on where they are or how they get to their wagering accounts.
It enables you to make wagers with actual cash at any time and location convenient for you. Check out the best mobile applications for iOS and Android from any of the legal online sportsbooks operating in Illinois right now.
Free bets and humongous bonuses
New clients at Illinois’s legal online sportsbooks may take advantage of enticing signup incentives. For signing up, many betting sites provide new customers hundreds, if not thousands, of dollars in free betting money. No-deposit bonuses are the gateway to free sports betting.
You may increase your bankroll and your chances of winning real money with low risk by taking advantage of promotions like free bets, credits to spend on certain athletic events, deposit bonuses, rebates, cash back, and more.
Talk about variety!
The vast number of wagers available at online sportsbooks has made them the undisputed leaders in the Illinois sports betting sector. In the event that internet casinos are legalized, several of these sportsbooks may also have online poker rooms, bingo rooms, and casinos. Bettors should expect a lot of excitement when it comes time to choose a sport and a betting market. Big-time football games, tennis, baseball, basketball, soccer, UFC, MMA, motorsports, and hundreds of other athletic events are just some of the many that can be bet on at online sportsbooks.
Sports Betting Sites: The Best Illinois Has to Offer
After a contentious and protracted discussion between politicians, gambling operators, and other interested parties, sports betting is finally legal in Illinois, both online and at retail sportsbooks. The sports betting industry in Illinois is the fourth biggest in the United States right now.
Midway through 2019, Illinois Sports Betting Law was passed into law by Governor JB Pritzker. But, it would be another nine months before the first legal bet would be put in the state, and it would be at the Rivers Casino Des Plaines, which is owned by Rush Street. Soon after BetRiversSportsbook’s opening in June 2020, additional online and mobile sportsbooks began accepting wagers from Illinois residents.
Final Thoughts
There are already more than eleven brick-and-mortar and six online/mobile sportsbooks operating in Illinois, with a slew of more mobile applications for sports betting on the horizon. This makes it a daunting task to choose which sportsbook is the best one to test out initially since there are so many options.
