10 Best Online Sports Betting Sites in Mississippi

Mississippi has a rich gambling history, which has only grown since the passage of the National Indian Gaming Act in 1988. With continuous expansion throughout the state, a vibrant gambling scene has emerged, offering various options from poker to sports betting.

We aim to provide insight into Mississippi’s current legal landscape of real money sports betting. We aim to guide you in selecting the best Mississippi sports betting website that suits your needs and help you get started with betting today.

After thoroughly researching numerous Mississippi sports betting sites, we have carefully chosen our top picks based on a comprehensive evaluation of various criteria. These websites have proven to be the best among the rest. Below are the top three choices in their respective categories.

  • BetOnline – Overall Best  Online Sportsbook in Mississippi
  • MyBookie – Best Mobile Betting App in Mississippi
  • Bovada – Best Welcome Bonus for New Players in Mississippi

1. Sportsbetting AG

Sportsbetting AG is one of the best Mississippi online sports betting apps for bonuses, promotions, and online sports betting markets. It may have an outdated interface, but it offers many betting options, such as live betting, futures, and prop bets. This website provides an easy-to-use interface for beginners while catering to experienced bettors.

As the sister site of BetOnline, Sportsbetting.ag promptly displays its odds and consistently offers the best value for various US sports, such as the PGA Championship and NBA Finals, as per recent reviews. However, it is undeniable that Sportsbetting.ag lags behind BetOnline regarding software and technology.

Nonetheless, you will have access to all essential features, making it one of the finest MS online betting apps. The mobile site functions adequately as a mobile app, featuring a collapsible drop-down menu in the upper left-hand corner. While navigation is satisfactory, the outdated interface may deter some users.

In addition to the aforementioned benefits, you’ll also be entitled to a generous welcome bonus of up to $1,000. This bonus is calculated as 50% of your initial deposit and requires you to wager the bonus amount 10 times within 30 days.

Customers of this sports betting site have also experienced seamless transactions using secure and efficient banking methods such as ecoPayz, Visa, and MasterCard. The operator has effectively addressed initial challenges by providing exceptional customer support.

Pros:

  • Unbeatable odds in every category
  • Receive a generous $1,000 welcome bonus
  • Enjoy a wide range of exciting promotions
  • Access a mobile-friendly sportsbook
  • Explore engaging novelty markets

Cons:

  • Outdated mobile interface
  • Limited market depth
  • A high minimum deposit is required
  • Not many free bets offered

Pricing: SportsBetting.ag allows players to wager between $1 and $25,000. Additionally, the website presents an enticing welcome bonus of up to $1,000. To get started, a minimum deposit of $50 is required.

2. Jazz Sportsbook

When Jazz launched in 1994, it initially operated as a retail sportsbook. However, it has since expanded its offerings to include an online sportsbook and casino, providing bettors across the US with a wide array of betting options. Jazz has earned a reputation as a premier sportsbook, particularly among Mississippi bettors who value its exceptional features.

One of Jazz’s standout attributes is its lightning-fast fiat payouts, making it the preferred choice for bettors who prefer traditional payment methods. Additionally, Jazz boasts an extensive selection of thrilling exotic bets, adding excitement to the overall betting experience. With its exceptional features and unwavering commitment to delivering an enjoyable platform, Jazz has firmly established itself as an industry leader.

Mississippi bettors have the opportunity to take advantage of a variety of promotions offered by Jazz Sports. While this platform boasts relatively low wagering requirements, the minimum qualifying deposits start at $100, which some may consider high.

Jazz Sports excels in providing lightning-fast fiat payouts, but their crypto withdrawals genuinely shine, offering an even quicker process. This makes Jazz the top choice for many bettors, regardless of their preferred payment method. Conveniently, bettors can fund their accounts using credit cards or popular cryptocurrencies like Bitcoin and Litecoin.

One aspect that sets Jazz Sports apart is its exceptional customer service. They provide a 24-hour live chat facility, ensuring that friendly and responsive staff can address and resolve any issues that may arise swiftly. This commitment to customer satisfaction ensures a seamless and enjoyable experience for all users.

Pros:

  • Experience fast payouts through traditional methods
  • Enjoy a wide range of deposit options
  • Access exclusive UFC betting odds
  • Watch live streams in real-time

Cons:

  • Absence of welcome bonuses
  • Imposition of a high minimum deposit requirement
  • Limited in-play betting options

Pricing: The noteworthy feature of Jazz Sports is that it allows players to wager anywhere between $1 and $10,000. However, the minimum qualifying deposit required to get started is $100.

3. Lucky Block

In the highly competitive world of Mississippi sports betting, Lucky Block distinguishes itself by offering excellent services and promotions to its users. This platform provides one of the most extensive bonuses, incentives, and offers selections. Players receive a welcome bonus of up to $1,000 for making their first deposit.

Lucky Block’s generous bonuses extend far beyond the initial welcome bonus, offering bettors a variety of promotions and incentives throughout their betting journey. These include cashback offers and free bets, which can significantly enhance your overall betting experience.

Additionally, Lucky Block offers an impressive selection of sports markets featuring major leagues and events worldwide. This platform also boasts an efficient mobile app that is highly responsive and user-friendly, making it easier for bettors to access their accounts and place bets on the go.

One aspect where Lucky Block excels is its customer service, which is available 24/7 via live chat, email, or phone. The operators are friendly, knowledgeable, and always ready to assist with queries or concerns.

Pros:

  • Receive a generous $1,000 welcome bonus
  • Enjoy a wide range of ongoing promotions and offers
  • Experience efficient and responsive customer service
  • Access a user-friendly mobile app for convenient betting

Cons:

  • Limited in-play betting options
  • High minimum deposit requirement
  • Limited promotions
  • Limited banking options for fiat players

Pricing: Lucky Block allows players to wager between $1 and $100,000. A minimum deposit of $50 is required to get started on this platform.

4. BetOnline

BetOnline offers a sportsbook betting platform in Mississippi that is well-rounded and has the main features you’re looking for. The site has a solid welcome bonus and is fully compatible with mobile play.

At BetOnline, players have a wide range of sports, but basketball is a critical offering, including NCAA and NBA events. What sets BetOnline apart are its competitive odds, which are updated faster than most other sportsbooks.

Select games can be streamed live through BetOnline’s platform especially for basketball. An exciting $100,000 Sweet 16 tournament challenge is also available during the NCAA’s March Madness. And during the NBA postseason, don’t miss the opportunity to participate in the $25,000 Playoff Bracket challenge.

Upon accessing the BetOnline mobile site, you’ll notice its instant optimization for mobile play. A convenient collapsible menu at the bottom of the page offers easy navigation to the cashier, sports, live bets, and the online casino. This streamlined design enhances user experience and ensures smooth browsing.

Pros:

  • Enjoy an enticing welcome bonus of up to $1,000
  • Gain an edge with early lines and competitive odds
  • Benefit from a reload bonus offer
  • Unlock the potential for lucrative tournaments.

Cons:

  • Limited withdrawal options
  • High minimum deposit requirement
  • Inconsistent customer service

Pricing: BetOnline’s minimum deposit is $50, while players can wager a maximum of $25,000.  Upon making their first deposit, a welcome bonus of up to $1,000 awaits new users.

5. Everygame

Everygame is now licensed in Curacao and is among North America and Europe’s most established online sportsbooks. Following a significant site upgrade in 2022, the platform offers an enhanced live betting suite with multiscreen technology and a more comprehensive range of betting options, including prop bets and futures, surpassing previous offerings.

Over 20 individual sports are now available, featuring comprehensive game lines and futures for the Rebels and State Bulldogs in the NCAA. Players can conveniently fund their accounts to support their favorite Mississippi teams using credit/debit cards, cryptocurrencies, and e-wallets like EzeeWallet. However, please note that withdrawals are limited to crypto or bank transfers, with nominal fees applicable to the latter option.

The Everygame platform has been meticulously designed with mobile gameplay in mind. While it doesn’t offer a standalone app, players can easily bookmark the webpage on their mobile devices and enjoy a seamless experience similar to using an app on both iPhone and Android. With a strong WiFi connection, you’ll have rapid access to the same markets available on the desktop edition of the sportsbook.

Everygame offers two distinct welcome promotions: one for regular depositors and another for crypto enthusiasts. The regular promo boasts a $500 deposit match, while the crypto promotion provides an impressive up to $1,000 deposit match. Both offers come with a manageable 8x playthrough requirement. In addition, there are enticing deals such as NFL free bets and various parlay options to enhance your gaming experience further.

Pros:

  • Access a wide range of sports markets
  • Enjoy enhanced live betting technology
  • Benefit from multiple deposit options, including cryptocurrencies
  • Take advantage of generous welcome promotions and ongoing offers

Cons:

  • Withdrawals are limited to crypto or bank transfers only.
  • Limited customer service options.

Pricing: Everygame allows players to wager anywhere between $1 and $10,000. The minimum deposit is $25, and players can receive a welcome bonus of up to $1,000.

6. Bovada

Bovada is a highly popular offshore sportsbook operating since 2011. Mississippi bettors will discover many sports to wager on, including niche markets like cricket and handball. Additionally, Bovada offers betting options for significant field contests such as golf.

One unique feature of Bovada is the ‘What’s Ya Wager’ tool, which allows players to create custom wagers. Furthermore, users can withdraw cash using a voucher and transfer funds to a friend’s balance, making this MS betting app stand out in various aspects.

Furthermore, Bovada offers an integrated video streaming feature allowing you to watch real-time matches while placing in-game bets. Whether you prefer the dedicated mobile app or the browser-based version, you can utilize this convenient tool to enhance your betting experience. Stay updated with live updates and enjoy seamless accessibility for a more immersive betting journey.

Unlock the Bovada promo codes to explore earning possibilities, such as free plays, bets, bonuses, and promotions. What sets Bovada apart from other betting platforms is its active promotion of cryptocurrency deposits. Players can enjoy substantial bonuses reaching hundreds of dollars by depositing with Bitcoin or Bitcoin Cash.

Pros:

  • Discover a wide variety of games and eSports options
  • Enjoy exclusive bonus offers for BitCoin depositors
  • Navigate with ease through our user-friendly interface
  • Experience excellent odds for both regular and off-season NBA games
  • Engage in Live Betting for an immersive gaming experience

Cons:

  • Customer support options are limited.
  • The loading time of betting lines can be slow at times.

Pricing: Bovada offers extensive coverage of popular US sports, presenting competitive betting odds. The minimum bet starts at $1, with the maximum bet reaching up to $2,000, depending on your chosen wager.

7. BetNow

While the BetNow platform may seem outdated compared to others mentioned on this list, we have no reservations about admitting that the site interface could use a makeover. But BetNow has much to offer if you reside in Mississippi.

The platform provides favorable odds on over 15 sports markets. This includes highly competitive lines on NCAA FB futures markets for teams like the Bulldogs and the Rebels. In addition to the regular game lines (moneyline, spread, totals), you can find half/quarter betting options and a limited selection of team proposition wagers.

There’s a superb selection of betting promos and comps to get involved with throughout the sporting calendar year. These include weekly $10,000 NBA contests, No-vig November, NFL King of the Hill contests, plus regular cash rebates on losses incurred at the sportsbook, racebook, and casino.

BetNow excels in offering a wide range of banking options to cater to your needs. Conveniently deposit funds through various payment processors, including major credit cards like Visa, Mastercard, and American Express. For those embracing cryptocurrency, Bitcoin is also available as a deposit option. With a minimum deposit amount of just $20 and the ability to deposit up to $40,000 in a single transaction, BetNow provides flexibility for all bettors.

Pros:

  • Enjoy real-time account crediting
  • Deposit and withdrawal without any fees
  • Access competitive betting lines
  • Benefit from flexible banking options

Cons:

  • Promotions are limited
  • Live streaming features are not available

Pricing: The minimum bet amount is set at $1, while the maximum reaches an impressive $10,000. Bettors can use the BetNow sign-up bonus, which provides up to $1,000 in free play.

8. BetUS

With over 25 years of experience in the online gambling industry, BetUS stands apart from other online sportsbooks. It exudes a level of quality that is hard to match. This sports betting site deeply understands its market, which is evident in its long-standing presence. It caters to its customers with diverse, unique features, making it a safe and trusted platform.

BetUS is a proven gem, providing bettors with a reliable sports betting experience. You can play here without any concerns about payouts. The site offers secure, swift deposit and withdrawal methods, ensuring timely payouts.

Upon launching the site and app, you’ll be warmly welcomed by Gary Payton, an esteemed NBA Hall of Famer. While this endorsement adds credibility, the online sportsbook truly lives up to its reputation, offering a wide range of sports and betting markets. You’ll even find lines on the Ole Miss Rebels in the NCAA.

This Mississippi sportsbook app boasts an exceptional online casino and racebook for those who prefer trackside or tableside wagers. Enjoy the ultimate gambling experience, all in one place.

Pros:

  • Enjoy a generous welcome bonus of up to $2,500
  • Access BetUS TV for expert Picks in various leagues every week
  • Benefit from early lines and competitive odds
  • Trust in our experienced and reputable operator
  • Explore a vast selection of bet types in our extensive library

Cons:

  • High wagering requirements for bonuses
  • Limited banking options compared to other platforms

Pricing: BetUS offers a wide range of betting limits, with the minimum bet starting at $5 and going up to $5,000.

9. XBet

XBet ensures customers can access the best insights while conveniently placing bets at their fingertips. By offering a comprehensive blog, XBet eliminates the need to browse various sources for facts and statistics, providing you with all the necessary information to make informed and fair bets.

Moreover, XBet’s offers are truly exceptional, particularly their racebook. Each week at XBet, you’ll receive a remarkable 7% rebate on your horse racing losses. Even if you’ve had an unfortunate week with horse racing bets, you’ll still receive compensation, ensuring your experience remains rewarding.

The welcome bonus at XBet is worth up to $500, which could be more generous. However, you also get a reload deposit boost on your second deposit. Additionally, the site offers exciting betting competitions and engaging features that keep loyal customers returning.

At XBet, you can receive your payouts within 48 hours, regardless of your currency. Nonetheless, there should be a broader range of cryptocurrency deposit and withdrawal options, not limited to Bitcoin, Bitcoin Cash, and Litecoin.

Pros:

  • Enjoy a weekly rebate on racebook bets
  • Gain valuable insights to enhance your betting experience
  • Unlock a reload deposit bonus to boost your bankroll
  • Immerse yourself in an engaging and user-friendly site.

Cons:

  • Limited deposit and withdrawal options
  • The welcome bonus could be more generous

Pricing: The minimum bet amount for XBet is $1, while the maximum wager limit goes up to $10,000.

10. BUSR

Initially focused on providing racebook services, BUSR swiftly recognized the potential to broaden its gambling offerings. Consequently, they seamlessly integrated one of the most exceptional offshore casinos and sportsbooks. This expansion catapulted their platform into one of Mississippi’s premier sports betting destinations. While BUSR may not captivate with visually stunning aesthetics, it prides itself on a user-friendly interface that caters to bettors of all skill levels. Moreover, leveraging its roots as a racebook, BUSR offers exceptional opportunities for horse racing betting in the United States.

At BUSR, bettors can indulge in exclusive promotions, including referrals, rebates, reloads, and enticing welcome promos. However, accessing these rewards may pose challenges for bettors on a tight budget due to the high minimum qualifying deposits required.

When you visit BUSR, you can bet on various sports and explore exciting betting lines. But what truly sets BUSR apart is its exceptional racebook. With comprehensive local and international racing events coverage, BUSR offers diverse betting options like exactas, trifectas, parlays, places, and wins. This extensive range of choices makes it incredibly easy for bettors to support their favorite horses and jockeys.

BUSR caters to all bettors by accepting fiat currencies and nine cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. Opting for cryptocurrency payouts ensures faster processing and provides instant withdrawals, making it our recommended method. Additionally, BUSR stands out from other betting sites on our list regarding customer support. They offer comprehensive assistance, so if Mississippi bettors need immediate help, they can contact a representative via phone or take advantage of the 24-hour live chat. Players also have the option to email the team, complete a web form, and await a callback from a consultant.

Pros:

  • Nine cryptocurrency payment options are available
  • User-friendly mobile interface
  • Extensive selection of horse racing events
  • Lucrative referral bonus program

Cons:

  • Limited variety of sports betting options
  • Promotions require high minimum qualifying deposits

Pricing: At BUSR, the minimum bet starts at $1, catering to all types of bettors. For those seeking to place larger wagers, the maximum bet varies depending on the sport and can go as high as $10,000.

When Did the Sports Betting Law Signed in Mississippi?

The legalization of sports betting in Mississippi was achieved through the Mississippi Gaming Control Act, passed in 1990. However, the 2018 U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) that genuinely paved the way for legalized sports betting in Mississippi.

The state law initially allowed only on-site betting, which means bets could only be placed while physically present at a casino. However, as of 2021, the law has been adjusted to allow online betting, but only within the premises of the casino property. This condition remains a significant limiting factor for widespread online sports betting in the state.

What is Sports Betting Mississippi?

Sports Betting in Mississippi refers to placing real-money bets on the outcomes of various sports events. With many betting sites available in the state, residents can wager on various professional, collegiate, and international sports, including football, basketball, baseball, hockey, soccer, golf, and more. This practice has been legalized since the overturning of the PASPA in 2018 by the U.S. Supreme Court.

In addition to traditional sports betting, Mississippi recognizes Daily Fantasy Sports (DFS) as a legal form of online gaming within its borders. DFS is a virtual sports event where participants assemble imaginary or virtual teams of real players of a professional sport. These teams compete based on the statistical performance of those players in actual games. This performance is converted into points compiled and totaled according to a roster each fantasy team’s manager selects. DFS thus offers a unique and engaging way for sports enthusiasts to test their sports knowledge and strategy skills.

Learn more about the 18 Best Sports Betting Sites in 2023.

What Does Pay Per Head Mean in Mississippi Sports Betting?

Pay Per Head (PPH) is a specialized service that offers comprehensive solutions to sportsbooks, assisting them in streamlining their business operations. This encompasses access to cutting-edge software for setting odds, monitoring wagers on sporting events, delivering exceptional customer service, and much more.

Typically, companies specializing in the PPH field provide these services. The sportsbook compensates the PPH company with a fee based on a per-customer or per-transaction arrangement.

PPH services enhance the efficiency of sportsbook operations while expanding betting options for customers. This advantage allows businesses to elevate customer experiences and reduce operational costs.

With PPH services, sportsbooks can offer diverse betting options, including live betting, straight bets, parlays, and futures bets, efficiently catering to customers’ preferences. This level of convenience enables sports bettors to discover and place their desired bets swiftly, streamlining the betting process. Moreover, it ensures accurate tracking of all wagers and timely payouts for winning bets, enhancing the overall user experience.

Learn more about the 10 Best Bookie Software for Pay Per Head

How is Sports Betting Different From Casino Gambling in Mississippi?

Sports betting and casino gambling involve wagers on outcomes, but they are distinct forms of gambling with unique characteristics and advantages. The primary difference lies in the variety of games available. Sports betting entails predicting the outcomes of different sporting events using real-time odds. In contrast, casino gambling encompasses classic games like slots, blackjack, and poker, where chance plays a more significant role than predictive skills.

Regarding wagering options, sports betting offers a broader range than casino gambling. Sportsbooks provide opportunities for straight bets on game spreads or money lines and parlays, prop bets, teasers, and futures betting. On the other hand, casinos typically limit players to specific games, such as slots and table games.

Taxation is a notable factor that distinguishes sports betting from casino gambling. While casino winnings are subject to taxes, earnings from sports betting are usually exempt. However, states can impose different fees on sports betting operations, including licensing and revenue taxes. In Mississippi, taxes for winnings from online sports betting are subject to a 10% state tax.

Finally, sports betting offers the potential for higher earnings compared to casino gambling. Sports bettors can maximize their profits by taking advantage of the promotions and bonuses provided by sportsbooks. This advantage is usually not accessible in traditional casino games, creating an opportunity for increased financial gains.

Who Oversees Mississippi Sports Betting?

The Mississippi Gaming Commission (MGC) oversees the operations of 28 commercial dockside and land-based casinos in Mississippi. These casinos, the first of which debuted in August 1992, are subject to regulation and supervision by the MGC. The commission is responsible for issuing and regulating gaming licenses, ensuring that all operations comply with Mississippi’s laws and regulations concerning casino gambling.

In 2018, the MGC expanded its jurisdiction to include sports betting when it legalized the industry within the state. Therefore, any sportsbooks operating within Mississippi must obtain a license from the MGC and operate under its guidelines.

How Much Revenue Does Mississippi Get From Sports Betting Sites Each Year?

According to the Mississippi Gaming Commission’s annual reports, the state generated $3.6 million in tax revenue from sports betting operations in 2020. In 2019, the first full year of legalized sports betting in Mississippi, the state collected $6.7 million in taxes from the industry.

While these figures may seem small compared to larger states like New Jersey, they indicate a steady growth trend for sports betting in Mississippi. As more online sports betting sites enter the market and regulations continue to evolve, the state is expected to see an increase in revenue from this industry.

What Sports Can You Bet Online in Mississippi?

Mississippi residents can place bets on various professional and college-level sports events.

  • NFL – All roads lead to the Super Bowl, and the premier NFL betting apps also double as the ultimate destinations for Super Bowl betting.
  • NBA –  During the regular NBA season, premier betting apps such as Bovada and BetUS provide a wide array of betting lines for you to enjoy and explore.
  • NCAA Basketball – BetOnline and Everygame’s robust selection of NCAA basketball betting options allows bettors to place wagers on top teams and matchups.
  • NCAA Football – Online sportsbooks like BetNow and XBet offer a comprehensive menu of college football betting options spanning the entire season.
  • MLB – The best Mississippi sports betting sites cover all 162 MLB games for each team, providing a range of lines for every matchup.
  • NHL – BetUS and BUSR have built their reputations by being some of the best online sportsbooks for betting on hockey games.
  • Golf – Mississippi residents can also bet on golf tournaments worldwide, such as the PGA Tour and LPGA Tour events, through reputable online sportsbooks like Sportsbetting AG and Jazz.
  • DFS –  Daily Fantasy Sports are also legal in Mississippi, with top providers like DraftKings and FanDuel offering a variety of contests for sports fans to participate in.

Other sports, such as soccer, tennis, MMA, and boxing, are also available for online betting in Mississippi. With the state’s diverse range of popular sports teams and events, there is something for every type of sports bettor to enjoy.

Who Can Bet on Sports in Mississippi?

Anyone 21 or older in Mississippi can legally bet on sports. This age restriction is in line with the general gambling age laws in the United States and is strictly enforced by Mississippi’s sports betting operators and the Mississippi Gaming Commission.

When registering for an account on a sports betting site, potential bettors must provide proof of their age. This can be accomplished with a valid identification document such as a driver’s license, passport, or state-issued ID card. The identification document provides proof of age and verifies the bettor’s identity, ensuring a secure and transparent gambling environment.

It’s important to note that operators are vigilant in enforcing these requirements, and individuals found to be underage or providing false identification would face penalties, including the potential termination of their betting accounts.

What are the Types of Bets in Mississippi Sports Betting in Mississippi?

Several types of bets are available in Mississippi sports betting, catering to different preferences and styles of betting. Some common types include:

  • Straight Bets – This type of bet involves placing a wager on the outcome of a single game or event. It can be a simple bet on which team will win or a more specific bet on the final score.
  • Parlay Bets – Parlays combine two or more bets. This increases the potential payout and the risk, as all bets in the parlay must be successful for the bettor to win.
  • Teaser Bets – Similar to parlays, teaser bets allow bettors to combine multiple bets. However, teasers offer a lower payout and increase the chances of winning by adjusting point spreads or totals in the bettor’s favor.
  • Futures Bets – These bets are placed on an event that will happen in the future, such as betting on a team to win a championship at the beginning of a season.
  • Prop Bets – Proposition bets, or props, involve placing wagers on specific occurrences within a game or event, such as the number of touchdowns scored or the player to score the first goal.
  • Totals – A game’s over/under line represents the total points. For example, if the total is set at 44.5 points for an NFL game, your goal is to predict whether the teams will score more or fewer points combined than that.
  • LIVE BETS – Mississippi sports betting sites should offer a wide range of live betting options, also known as in-play markets. Live bets kick off once a match begins, adding excitement to your gaming experience. Moneyline, spreads, totals, and props are all available in live betting, providing a comprehensive and engaging wagering experience.

There are about 28 Types of Bets you can place in sportsbooks. Understand which one is best for your favorite sport! 

How Much Are Gambling Winnings Taxed in Mississippi?

According to the Department of Revenue, gambling winnings are subject to Mississippi’s 3% state tax. This tax applies to all income earned from gambling, including winnings from sports betting. Furthermore, all gambling winnings, whether from a sportsbook or a casino, are considered taxable income by the IRS.

Therefore, on a federal level, these winnings could be taxed anywhere from 10% to 37%, depending on your tax bracket. Bettors must remember that they are legally obligated to report all their winnings on their tax returns.

At the end of the year, operators will typically provide a W-2G form outlining the amount of gambling winnings and any tax withheld. This ensures transparency and compliance with both state and federal tax laws.

What Are the Advantages of Sports Betting Sites in Mississippi?

There are several advantages to using sports betting sites in Mississippi, including convenience, variety, and flexibility.

  • Convenience – With the legalization of online sports betting in Mississippi, bettors no longer have to travel to a physical sportsbook or casino to place their bets. They can do so from their homes or even on the go with mobile betting apps.
  • Variety – With multiple sportsbooks operating in Mississippi, bettors have a wide range of options, allowing them to find the best odds and promotions for their bets.
  • Flexibility – Online sports betting sites in Mississippi offer a variety of payment methods, making it easy for bettors to deposit and withdraw funds securely and quickly.
  • Safe and Secure Payments –  The top Mississippi sports betting sites use advanced encryption technology to ensure the safety and security of all financial transactions. This provides peace of mind for bettors, knowing their personal and financial information is protected.
  • Promotions and Bonuses – Many online sportsbooks in Mississippi offer promotions and bonuses for new and existing customers, providing value and potential rewards for their bets.
  • Live betting: The ability to bet on games as they happen adds excitement and engagement to sports betting.

What Are the Disadvantages of Sports Betting Sites in Mississippi?

While there are several advantages to using sports betting sites in Mississippi, there are also some potential disadvantages.

  • Addiction and Compulsive Gambling – With easy access to online sports betting, individuals with gambling problems may find it challenging to resist the temptation, leading to addiction and financial issues.
  • Risk of Fraudulent Sites – While most licensed sports betting sites in Mississippi are safe and secure, there is always a risk of fraudulent or unlicensed sites. Bettors must do their due diligence and only use reputable and regulated sportsbooks.
  • Limited Payment Methods – Although online sports betting sites offer various payment options, some bettors may prefer alternative methods that are not available, limiting their options.
  • Technical Issues – As with any online platform, technical issues can arise, potentially affecting a bettor’s ability to place bets or access their accounts. This could lead to missed opportunities and frustration for the bettors.

What Are the Payment Methods Available in Sports Betting in Mississippi?

Mississippi sports betting sites offer many great betting features and a wide range of payment methods for convenient deposits and withdrawals. While credit and debit cards are popular, operators like XBet and MyBookie go the extra mile by accepting the latest cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. Let’s delve into the various payment options in more detail. Remember to review the Terms and Conditions for payment-related information carefully.

  • Crypto Betting Options – Cryptocurrencies are gaining popularity among Mississippi sports betting sites. Trusted cryptocurrency methods like Bitcoin, Litecoin, and Ethereum can be found at sportsbooks such as BetOnline, XBet, and Bovada. The use of crypto typically incurs no fees.
  • E-Wallet Betting Options – E-wallets have become a more effective way to transact at betting sites. This is reflected in Mississippi sports betting sites. Some popular e-wallets are Paypal,  Skrill, and Neteller. These options are usually free of charge.
  • Credit and Debit Card Betting Options – The most traditional way to deposit or withdraw funds at a sportsbook is by using a debit or credit card. Many Mississippi betting sites widely accept Visa, Mastercard, and American Express. Some fees may apply.
  • Bank Transfer Betting Options – Bank transfers are another popular option for bettors in Mississippi. They can be initiated online or at your local bank branch. A drawback is usually the long processing time and potential fees.

What Promotions Do Mississippi Online Sports Betting Companies Offer?

With intense competition among sports betting companies in Mississippi, operators often offer enticing promotions to attract new customers and retain existing ones. Some joint promotions offered are: 

  • Deposit Bonuses –  Many Mississippi online sports betting sites offer deposit bonuses that match a percentage of your initial deposit. For example, a 100% deposit bonus of up to $500 means that if you deposit $500, you will receive an additional $500 in bonus funds.
  • Free Bets – Some sportsbooks provide free bets for their promotions. This means the operator will give you a free bet of a specific value on any market you choose.
  • Risk-Free Bets – A risk-free bet means the operator will refund your first bet up to a certain amount if it loses. For example, if an operator offers a risk-free bet of up to $100 and your first bet loses, you will receive a $100 refund.
  • Cashback Offers – Cashback offers provide a percentage of your losses as a bonus. For example, if an operator offers a 10% cashback offer and you lose $100, you will receive $10 as a bonus.
  • Reload Bonuses –  Similar to deposit bonuses, reload bonuses offer a percentage match on subsequent deposits. For example, if an operator offers a 50% reload bonus and you deposit $100, you will receive an additional $50 in bonus funds.
  • Leaderboards – These contests, available at no cost, reward bettors who make the most accurate predictions for an NFL lineup. They can be held on a weekly or seasonal basis.

Is Sports Betting Legal in Mississippi?

Yes, sports betting is legal in Mississippi. In 2018, the Supreme Court struck down the federal ban on sports betting, allowing each state to determine its laws and regulations. Since then, Mississippi has legalized both retail and online sports betting.

Can You Bet on Politics in Mississippi with Sports Betting?

No. Betting on politics in Mississippi or any other U.S. state is illegal many operators now offer markets for major tournaments and events. Mississippi sports betting sites will not accept wagers on political events.

Can You Bet on Esports in Mississippi with Sports Betting?

Yes, you can bet on esports in Mississippi through licensed online sportsbooks. Esports betting is gaining popularity, and many operators are now offering markets for significant esports events such as League of Legends, Fortnite, and Counter-Strike: Global Offensive.

What is the Population of Mississippi?

As of 2021, Mississippi’s estimated population is around 2.97 million residents. The state has a diverse population with a mix of African-American, Caucasian, and Native American-cultures.

How to Become a Bookie in Mississippi?

Becoming a bookie in Mississippi requires careful planning, knowledge of the betting industry, and compliance with the state’s regulatory framework. The process broadly involves the following steps:

  • Acquire Betting Industry Knowledge – Understanding how sports betting works, the different types of bets, odds calculation, and the sports you’ll offer before launching your venture is crucial. The application process involves an in-depth review of your financial and personal background.
  • Understand the Regulatory Framework – Familiarize yourself with the laws and regulations surrounding sports betting in Mississippi. Ensure you have a clear understanding of the legalities involved.
  • Acquire a License – Apply for a license through the Mississippi Gaming and Hospitality Association. The application process involves an in-depth review of your financial and personal background.
  • Set Up Your Website – Invest in a high-quality website offering a user-friendly betting experience. Ensure it features secure, encrypted connections for customer safety.
  • Establish Payment Methods – Decide the payment methods you will accept, including credit/debit cards, bank transfers, e-wallets, and cryptocurrencies. It’s essential to offer a range of options for bettors’ convenience.
  • Market Your Services – Develop a marketing strategy to attract customers. This could include offering introductory bonuses, free bets, and other promotions.

Learn more about the general processes and guidelines on How to Become a Bookie

What is a Bookie in Mississippi?

In Mississippi, a bookie or bookmaker is a person or organization that accepts and pays off bets on sporting events and other activities. Bookies set the odds, collect bets, and pay out winnings on behalf of the bettors. They profit by charging a transaction fee known as ‘vig’ or ‘juice’, typically factored into the odds. With the legalization of sports betting in Mississippi, bookies operate within a regulated framework, ensuring fair and safe betting for their customers.

Image