Once again, Indiana’s sports betting industry has proved that Hoosiers love sports. Its sports betting handle is the fifth one to surpass $8 billion during the post-PASPA era. According to the Indiana Gaming Commission, the state earned $308.3 million in bets in May. In 2022, India’s betting sites recorded a 42% rise in revenue.
Since launching sports betting in 2019, Indiana has been recording a consistent improvement. Even though the state has a modest population, it has been doing pretty well regarding handling.
May represents the ninth consecutive month the best Indiana betting sites with top ratings generated a minimum of $300 million handles.
In April, Indiana sports books recorded $360 million worth of bets. Even though it was a 24.4% drop from the March numbers, it was 52% higher than the numbers in April 2021.
The year-over-year growth is impressive even though it was a drop from March. During the same period, Illinois stopped the requirement for in-person registration. The state earned $2.7 million in taxes. The revenue for Indiana sports betting has continued to hold steady.
New Sportsbooks Joining the Industry
Indiana has been attracting plenty of fantastic sportsbooks lately. Its online ecosystem has expanded significantly this year. At the beginning of the year, Indiana bettors had 13 sportsbooks. However, they may have up to 20 options by the end of the year.
Sportsbooks that appear to be eyeing the state include:
- SI Sportsbook
- Fubo Sportsbook
- Hard Rock Sportsbook
FanDuel Keeps Pacing Sports Betting in Indiana
Online sports betting in Indiana is flourishing as more and more sportsbooks get licensed in the state. FanDuel dominates Indiana thanks to its well-known history of providing quality services. To be clear, DraftKings previously commanded a larger market share. But since April, FanDuel has become the primary mobile operator with the highest revenue.
It was also the third consecutive month with FanDuel claiming at least $12 million worth of winnings. DraftKings narrowed this gap in May with a $7.5 million handle compared to April’s $14.5 million. The casino generated handle of $84.1 million. The revenue rose 7.5% month-over-month to over $7.1 million.
BetMGM was third in both revenue and handle. With a 10.8% hold, it generated almost $40.4 million in wagers.
The Best Betting Sites in Indiana
In addition to the top three sportsbooks in Indiana, there are plenty of other incredible sites in the state. Here are a few of them:
1. Caesar’s Palace Sportsbook
This is a sportsbook fit for an emperor. In its effort to rebrand, the sportsbook created an app that stands out from the competition. Unlike most similar sportsbooks, this one has an incredible loyalty program. Including sports betting to its rewards is a fantastic incentive for sports betting lovers.
In addition, the casino has something for all budgets. In fact, there are two credit types: Reward Credits and Tier Credits. As a sports bettor, you will earn a Tier Credit and a Reward Credit every time you spend $10 at the sportsbook.
The user experience for live/in-betting is impressive as well. The action is displayed with official data and in real data. If you need to place a live bet on tennis, football, basketball or baseball, you can find all the relevant information in the same place. This is important because of the fast-paced nature of live betting. Latency is a critical part of live bets.
The app is just as incredible as the browser version of the game. You can sign up from any of the approved states. The app is user-friendly and looks great on mobile. The differences from the browser version are subtle.
2. BetRivers Casino
BetRivers’ Casino software may not be very flashy or modern, but it is easy to use. The game menu is very intuitive and well-organized. In addition, you can customize the list based on various criteria: new games, game type, software provider, popularity, and more.
The casino has games from many of the top software providers. They include IGT, NetEnt, and Red Tiger. There are lots of new and exciting titles. In addition, they collaborate with eCogra and other independent testing labs. This means that their games are safe, fair, and reliable. The variety of games is appropriate for both new and experienced players.
The welcome package is valuable. Once you place your initial deposit, you are eligible for a 100% boost up to $250. You’ll also receive a 100% boost on the next three deposits up to $175. Happy Hour Slots and VIP rewards are impressive as well.
If you are interested in mobile play, BetRivers has apps for both iOS and Android. The app has both the casino and sportsbook on the same platform. The app is modern and looks excellent on a small screen.
Pointsbet is one of the most unique sportsbooks in the United States. Its sports betting app stand out for its high-risk, high-reward nature. In addition, it has a high-quality and reliable mobile app.
The $500 risk-free sign-up bonus makes it easy for new players to get a feel of their favorite bets without risking much. You will receive a full refund for your wager up to $500. The refund is triggered when you lose the first sports wager.
Other bonuses in the casino include parlay, referral, and rewards program. Loyal players can enjoy a variety of ongoing bonuses and promotions.
The Pointsbet sports betting app is available for both iOS and Android devices. It has all the sports that you will find in the browser version. It also features secure banking, live betting, special promotions, and early cash out.
4. Twinspires Racebook and Sportsbook
Twinspires Racebook was launched in 2007. It was started as a dedicated horse racing site and has been operational for years. It started offering more options when the United States officially legalized sports betting.
There are standalone apps for Android and iOS devices. However, the horse racing app also operates independently. You need to download it separately even if you already have the sportsbook app.
The casino’s customer service stands out as well. You can contact the support team via email, phone, or live chat.
- Read More: State of Origin Game 3 Live Coverage