8 Best Online Sports Betting Sites in North Carolina

North Carolina has become a beacon for sports enthusiasts and bettors, marking its territory in the map of states where sports betting is legalized and thriving. The legalization of Sports Betting Sites in North Carolina came into effect in July 2019, when Governor Roy Cooper signed a bill that permits sports wagering at two tribal casinos. Regarding online sports betting, the Tar Heel State will soon enjoy wagering from their mobile devices, with online sportsbooks expected to launch on March 11, 2024. This follows the legalization of mobile and online sports wagering in June 2023.

Individuals interested in engaging in North Carolina sports betting must meet the minimum age requirement of 21 years. This age restriction is in line with the majority of the United States, ensuring that young adults have reached a level of maturity before participating in gambling activities. Compliance with this age requirement is strictly enforced at sports betting venues throughout North Carolina, ensuring a responsible gambling environment for all participants.

Regarding wagering, North Carolina offers various betting types to cater to diverse preferences and skill levels. Among the top sites for sports betting in North Carolina, the three most recommended are BetMGM, DraftKings, and FanDuel, each providing a rich selection of bet types such as point spreads, money lines, totals (over/under), props, and futures.

These platforms stand out for their user-friendly interfaces, comprehensive betting markets, and competitive odds, making them favorites among the North Carolina gambling community. Whether you’re a seasoned bettor or new to the scene, the variety and dynamic nature of betting types in NC ensure an engaging and potentially rewarding experience.

Let’s explore the eight best online sports betting sites that will soon launch in North Carolina. The top three are the following

  • FanDuel – Best Online Sports Betting Site in North Carolina for Top-Tier Apps and Promotions
  • BetMGM – The Best Online Sports Betting Site in North Carolina for user-friendly and diverse features.
  • DraftKings – The Best Online Sports Betting Site in North Carolina for DFS players

1. Caesars Sportsbook

Caesars Sportsbook from the Empire of Caesars has launched in North Carolina, offering Tar Heel State sports bettors expanded access to one of the leading names in the online gambling industry.

Recognized for its innovative features, such as Quick Picks, which provide pre-built parlays for all users, a top-tier mobile application, and competitive betting lines, Caesars Sportsbook has been serving customers through retail locations in North Carolina since 2021. As a result, sports bettors in this market are well-acquainted with this premier sports betting provider.

The Caesars Sportsbook app provides fast deposits and withdrawals, with a low minimum deposit of $10 and the flexibility for high-stakes bettors to make large deposits. These bettors can also benefit from the VIP program. Payouts are swift, offering a wide range of options, and all transactions are fee-free.

The Caesars Sportsbook North Carolina app covers approximately 20 sports, although it may not have as many betting markets as some competitors. Nevertheless, users can still find a strong selection of prop bets, alternate lines, and same-game parlay options. The app also offers a diverse range of futures markets.

Caesars Sportsbook ensures security with protected servers, firewalls, and industry-standard measures to prevent unauthorized access. Additionally, it has controls in place to detect and respond to potential data breaches, along with the option for two-factor authentication to enhance security.


  • Operating with full licensing and regulation in the United States to guarantee a reliable experience
  • Providing an intuitive bet slip and in-game betting interface for a smooth wagering process
  • Offering a premium sportsbook experience with an extensive selection of betting options and exceptionally competitive odds


  • Offers fewer ongoing promotions than other platforms
  • The app or website lacks a visually appealing design


Caesars provides highly competitive odds, enabling users to wager for as little as $5. Additionally, new users can benefit from a risk-free first bet of up to $5,000.


Through a collaboration with Quail Hollow Club in Charlotte, the launch of ESPN BET North Carolina is imminent as the state prepares to introduce online sports betting. Formerly known as Barstool Sportsbook under the PENN Entertainment brand, the ESPN BET app is already operational in 17 states nationwide, garnering positive feedback on Android and iOS platforms.

Sports enthusiasts in North Carolina can now access the ESPN BET app, with an exclusive limited-time offer available for pre-registration. Utilize the provided banner and remember to apply promo codes to unlock the special welcome offer: Pre-Register for $25 in Bonus Bets + $200 in Bonus Bets upon launch.

The ESPN BET North Carolina sports betting application offers diverse banking methods for deposits and withdrawals, including Play+, PayPal, Venmo, online bank transfers, bank wires, ApplePay, and more.

Covering an extensive range of sports such as football, basketball, hockey, baseball, soccer, tennis, golf, MMA, motorsports, lacrosse, rugby union, and volleyball, ESPN BET presents various betting options like money lines, spreads, futures, props, parlays, round robins, and teasers.

The ESPN BET sportsbook app ensures high-security standards and is accessible on Google Play and the App Store, maintaining a flawless record in terms of safety and security.


  • Offers a wide range of sports and betting options
  • Provides an exclusive limited-time pre-registration offer for North Carolina users
  • Supports multiple banking methods for convenient deposits and withdrawals


  • Limited ongoing promotions compared to some competitors
  • It may not have as many advanced betting options as other platforms


ESPN BET offers competitive odds and various promotions. New users receive a $25 bonus bet upon pre-registration and an additional $200 in bonus bets upon launch. The app also offers regular promotions, including boosted odds and risk-free bets.

3. Bet365

The renowned ‘World’s Most Favorite Sportsbook’ may soon be available in North Carolina, sparking anticipation among potential sports bettors. Bet365 has secured a groundbreaking partnership with the Charlotte Hornets, marking the first collaboration with a professional sports team in North Carolina.

As the online sports betting licensing process progresses, Bet365 North Carolina’s readiness for launch remains uncertain. Should the platform go live, bettors can anticipate a sign-up promotion offering to Bet $1 and Get $365, along with competitive odds, extensive betting lines, and top-tier live betting features unique to Bet365 NC.

Excitement is brewing among North Carolina sports enthusiasts for the prospective arrival of the Bet365 sportsbook, boasting features like the Bet Builder and Bet Builder+ tools for crafting enticing same-game parlays.

While bet365 mandates a minimum $10 deposit, most deposits are processed instantly. Withdrawal options are plentiful, although the limits and processing times vary. Whether you are a novice or a seasoned bettor, bet365 caters to your preferences with its diverse offerings spanning professional and collegiate sports.

The bet365 sportsbook app, renowned for its high-security standards, provides a safeguarded mobile betting experience. Rigorous security measures, including firewalls, are in place to thwart potential breaches, ensuring data integrity and user protection.


  • Internationally renowned online sportsbook
  • Comprehensive coverage of major sports
  • Includes live betting and cash-out features
  • User-friendly app design


  • Fewer ongoing promotions in comparison to competitors
  • The withdrawal process may exceed expected timeframes


Bet365 offers highly competitive odds and allows users to place bets for as low as $1.  The platform also offers a Bet $1 and Get $365 sign-up promotion for new users.

4. FanDuel

FanDuel is the leading online sportsbook nationwide, renowned for its top-tier mobile app. With an average rating of 4.8 stars on the App Store and 4.7 stars on Google Play, bolstered by over 1 million reviews, FanDuel has evolved from being a DFS operator to a comprehensive platform offering online sports betting, casino games, and a racebook. Their expansion even includes a TV network that broadcasts live sports events and expert NBA insights.

Registering a new account in North Carolina before the March 11 launch using the FanDuel North Carolina promo code presents a lucrative opportunity. By signing up, you receive $100 in bonus bets, with an additional $200 available after placing your first real-money wager of $5 or more within seven days. Notably, these bonus bets can be split into smaller wagers as desired.

FanDuel provides a range of attractive promo code offers for existing customers, including profit boosts, odds enhancements, bonuses on bets, insurance deals, and engaging free-to-play contests like the $1 million NFL competition and the daily $1,000 NBA Perfect Picks challenge.

The FanDuel sports betting app is lauded for its speed, user-friendly interface, and reliability. Powered by the OpenBet engine and incorporating proprietary technology from parent company Flutter Entertainment, the app delivers a premium mobile sports betting experience. Users can enjoy features like live streaming of NHL and MLB games, cementing its stellar reputation and high user ratings.


  • Highest-rated sportsbook app on both the App Store and Google Play
  • Offers a variety of ongoing promotions for new and existing users
  • User-friendly platform with top-tier features like live streaming


  • Can have higher juice or vig compared to other platforms
  • It may not offer as many betting options for less popular sports


FanDuel offers competitive odds and a variety of ongoing promotions for both new and existing users. New users can receive up to $300 in bonus bets upon sign-up and placing their first real-money wager.

5. Fanatics

Introducing the latest online betting platform in the US, the Fanatics Sportsbook North Carolina app is set to make a strong entry in the Tar Heel State. Fanatics boasts one of the most exceptional reward systems available for its users. With each eligible bet, you earn FanCash, which can later be redeemed for bonus bets or team apparel through Fanatics’ sports gear website. This enticing reward structure will be accessible to NC bettors upon the app’s release.

For new customers who register before the March 11 launch and deposit a minimum of $100, the Fanatics Sportsbook North Carolina promo code grants a $60 credit towards a team hat or other gear on fanatics.com. The code also grants up to $1,000 in bonus bets—up to $100 daily for 10 days after account creation.

Operating on technology similar to PointsBet, which Fanatics acquired in late 2023. The Fanatics Sportsbook North Carolina app offers cutting-edge industry features. These include a unique “quick bets” program and live sports streaming options. Additionally, Fanatics provides an extensive selection of betting markets and bet types on various North Carolina sports teams.


  • Unique reward system with FanCash for eligible bets
  • Provides access to fan gear and merchandise through redemption options
  • Offers competitive odds and diverse betting options


  • Limited promotions for existing users compared to other platforms
  • It may not offer as many features or betting options for non-North Carolina sports events


Fanatics offers competitive odds and a unique reward system for eligible bets. Upon signing up and placing their first real-money wager, new users can receive up to $1,060 in bonus bets. 

6. BetMGM

BetMGM is set to launch the premier NC sports betting app in North Carolina’s legal market. This cutting-edge sportsbook app offers a blend of sophistication and user-friendliness, boasting diverse features. These include live streaming of NBA, NHL, MLB, and MLS games, bet builders, the ability to modify open bets, early cash-out options, and more. It is renowned as one of the top NFL betting apps and will establish itself as a leading online sportsbook in North Carolina.

Those who sign up before March 11th will receive $200 in bonus bets on the app’s launch day. This bonus will be credited as four $50 bonus bets, valid seven days after the app’s launch in North Carolina. No deposit is necessary to seize this opportunity. Individuals availing of this promotion will not qualify for other new customer offers from BetMGM.

In addition to this enticing offer, users can access additional bonuses and earn MGM Rewards points every time they engage with the BetMGM North Carolina betting app. The sports betting app is powered by a proprietary software platform developed by co-owner Entain and operates on the robust OpenBet engine.

The app offers an extensive selection of features, including a wide range of betting options across more than 20 sports. Despite this variety, the app’s intuitive layout ensures easy navigation for users. BetMGM delivers an unparalleled online sports betting experience in North Carolina.


  • Wide range of betting options across 20+ sports
  • Sleek and user-friendly interface with top-tier features
  • Offers a variety of ongoing promotions for both new and existing users


  • Limited availability compared to other platforms, only operating in a handful of states currently
  • Some users may find the app’s design and layout overwhelming


BetMGM offers competitive odds and a variety of ongoing promotions for both new and existing users. Upon signing up and placing their first real-money wager, new users can receive up to $200 in bonus bets.

7. DraftKings

DraftKings has been a popular choice for Daily Fantasy Sports enthusiasts in North Carolina for years. Soon, it will launch an impressive North Carolina sports betting app. Known for its early lines, competitive NFL odds, user-friendly interface, generous welcome bonuses, and exciting weekly promotions, DraftKings is set to become one of the top NC sports betting apps.

New customers in North Carolina who sign up before the March 11 launch using the DraftKings North Carolina promo code will receive $300 in bonus bets. By signing up early, you’ll get $100, and an additional $200 in bonus bets will be awarded after placing your first bet of $5 or more with real money.

Registering with this promo code gives you access to various free-to-enter sportsbook pools weekly, providing regular opportunities to win bonus bets.

Powered by SBTech, a company that merged with DraftKings in 2020, the DraftKings North Carolina betting app will operate on cutting-edge in-house mobile technology. It is one of the fastest and most stylish mobile sports betting apps.

Although DraftKings does not support live streaming, it offers valuable features like pre-game stats and informative Betting 101 guides. It also provides various bet types and markets for North Carolina sports teams and national events.


  • Offers competitive odds, especially for NFL games
  • User-friendly interface with informative guides for beginners
  • Regular promotions and free-to-enter pools for bonus bets


  • No live-streaming option is available on the app
  • Limited availability in states where sports betting is currently legal


DraftKings offers competitive odds and regular promotions for both new and existing users. Upon signing up and placing their first real-money wager, new users can receive up to $300 in bonus bets. 

8. BetRivers

BetRivers will likely be among the first to launch online sports betting in North Carolina once it goes live on March 11.  Operated by Rush Street Interactive, the brand’s NC sports betting app offers a user-friendly interface and an extensive selection of bet types and markets across various sports.

New users who sign up before the launch date can receive up to $250 in bonus bets. This welcome offer is available for iOS and Android users; no promo code is required. The bonus will be credited as four $50 bonus bets and must be used within 30 days of receiving it.

Powered by Kambi, the app delivers a smooth and seamless betting experience. It offers live streaming of various sports events, in-depth game statistics, and a cash-out feature for eligible bets. Additionally, BetRivers has a robust loyalty program where users can earn points for every bet made on the app.

BetRivers provides various deposit and withdrawal methods tailored to each state. Standard options across most states include credit or debit card transactions, PayNearMe terminals, and prepaid Play+ cards. We anticipate these choices being available in North Carolina.

BetRivers’ mobile sportsbook would be a valuable addition to North Carolina’s growing betting market due to its extensive market offerings, competitive odds, and user-friendly mobile app interface. Nevertheless, enhancing the range of banking options for online users would be beneficial, as it could otherwise prove inconvenient to utilize the mobile platform for deposits and withdrawals.


  • User-friendly interface with a wide range of bet types and markets
  • Offers live streaming and cash-out options for eligible bets
  • Rewarding loyalty program for regular users


  • Limited availability in states where sports betting is currently legal
  • Some users may find the app’s design and layout outdated compared to other platforms


BetRivers offers competitive odds and a generous welcome bonus of up to $250 for new users. The app also has a loyalty program where users can earn points for every bet made, redeemable for various rewards.

When Did Sports Betting Law Signed in North Carolina?

Sports betting was legalized in North Carolina with the signing of Senate Bill 154 by Governor Roy Cooper on July 26, 2019. This pivotal legislation specifically authorized the Eastern Band of Cherokee Indians to operate retail sports betting at two tribal casinos in the state. However, it’s important to note that while SB 154 legally sanctioned sports betting on tribal lands, it did not immediately pave the way for statewide mobile or online sports betting platforms.

The expansion of legal sports betting to include online and mobile platforms has been a considerable debate among state legislators. For online sports betting to become fully legal and operational statewide, further legislation must outline and establish a regulatory framework that includes licensing, taxation, and consumer protection measures. Such legislation would need to address critical aspects such as the eligibility of operators, the integrity of betting activities, safeguarding against underage gambling, and ensuring responsible gambling practices. Although North Carolina took a significant first step with SB 154, the conditions for legalizing full-scale sports betting are contingent upon the state’s ability to formulate and enact comprehensive laws that address these complex issues.

Online sports betting will be legal in North Carolina in June 2023 after the 2021 passage of Senate Bill 688. This bill expanded upon SB 154 and allowed for statewide online sports betting and retail sportsbooks at horse racing tracks and professional sports stadiums. The state has yet to issue licenses or set a specific launch date for online sports betting platforms, but it is expected to happen on March 11, 2024.

What is Sports Betting North Carolina?

Sports betting in North Carolina refers to the legally sanctioned act of wagering on the outcomes of professional and collegiate sports. This broad term encompasses bets on game outcomes, player performances, and other sports-related events and statistics. The legalization of sports betting in the state was initially limited to tribal lands, and its subsequent expansion to include online and mobile platforms marks a significant development in North Carolina’s gambling and sports culture.

Additionally, the term often mentioned in the context of sports betting in North Carolina and elsewhere is DFS or Daily Fantasy Sports. DFS is a subset of sports betting, but it operates under a different model. In DFS, individuals assemble virtual teams of real athletes and earn points based on those athletes’ performances in actual games. Unlike traditional sports betting, which is outcome-focused, DFS is performance-based, offering a unique way for sports enthusiasts to engage with their favorite sports outside of traditional betting frameworks. This distinction is crucial as it influences regulatory approaches, participant engagement, and the economic impact of the activity within the state.

Learn more about the 18 Best Sports Betting Sites in 2024.

How online sports betting works in North Carolina?

Online sports betting in North Carolina operates through licensed platforms offering a wide range of professional and collegiate sports betting options. Users can engage in betting activities by creating accounts on these platforms, depositing funds, and placing bets on various sports events. The process is designed to be user-friendly and accessible, with mobile and web-based platforms ensuring bettors have constant access to betting opportunities and account management tools.

The passage of Senate Bill 688 has facilitated the expansion of legal sports betting within the state. It outlines the regulatory framework for operating online and mobile sports betting platforms. This includes criteria for licensing operators, ensuring the integrity of betting activities, and implementing measures to prevent underage gambling and promote responsible gambling practices. With these regulations in place, online sports betting in North Carolina is set to provide a secure and regulated environment for sports enthusiasts to responsibly engage in this form of entertainment. 

How Much is Pay Per Head in North Carolina?

The term “Pay Per Head” (PPH) in North Carolina, and broadly in the sports betting industry, refers to a pricing model used by sportsbook software providers that serve bookies or sports betting agents. The model is straightforward: the provider charges the bookie a set fee for each active user (the “head”) over a specified period, typically weekly. This fee covers access to betting software, 24/7 customer service, and sometimes additional services such as casino games and virtual sports betting platforms. The cost can vary based on the provider, the breadth of services offered, and the level of customer support.

In North Carolina, the Pay Per Head fee structure will become increasingly relevant for local operators as the state moves towards the full-scale launch of online sports betting. While specific amounts can vary, fees in the broader industry generally range from $10 to $30 per head per week.

This variability depends on several factors, including the sophistication of the sports betting platforms offered, the range of sports and betting types available, and the level of customer service support. Bookies or agents operating in North Carolina must consider these costs carefully as they select their software providers for online sports betting.

These fees are critical to operating costs but also play a crucial role in ensuring that bettors can access a high-quality, reliable, diverse betting experience.

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

What sports teams are in North Carolina?

North Carolina’s sports scene beats strong, hosting teams like the Carolina Panthers, Charlotte Hornets, and Carolina Hurricanes. With the recent approval of sports betting, game days are set to ignite.

Fans can now do more than cheer; they can support their teams through betting, adding a fresh layer to their dedication.

The new law isn’t just about online bets; it’s about bringing the excitement closer to the game. By permitting retail sportsbooks near the state’s major pro sports venues, fans can soon bet almost within arm’s reach of their team’s home turf.

This setup will cultivate special bonds between teams and betting partners. Imagine exclusive game-day offers, unique bets, and more, all focused on North Carolina’s cherished teams. Remember, make smart bets based on reason, not just team loyalty.

Carolina Panthers

The Carolina Panthers have experienced both triumphs and setbacks. Despite coming close to Super Bowl victory twice, the Vince Lombardi Trophy has remained out of reach. They achieved a respectable 7-10 record in 2022, securing the 2nd position in the NFC North. They aim to enhance their performance in 2023.

Though their playoff memories trace back to 2017, a new sense of hope pervades. The 2023 draft introduced a game-changing addition: Bryce Young, the standout quarterback from Alabama. With him on the team, the Panthers’ future in the gridiron is promising.

Charlotte Hornets

The Charlotte Hornets, previously led by basketball icon Michael Jordan, have faced numerous challenges. Following MJ’s 13-year tenure as the majority owner, the team has encountered periods of mediocrity, with its most recent playoff appearance dating back to 2016.

The 2022-23 season proved arduous, with a disappointing 27-55 record, exacerbated by the setbacks from LaMelo Ball’s injuries. However, the winds of change are now evident. The selection of Alabama’s Brandon Miller as the second pick in the 2023 NBA draft has reignited optimism, hinting at the potential resurgence of the Hornets in the playoff scene.

Carolina Hurricanes

The Hurricanes secured the Stanley Cup in 2006 and have been striving for that level of success ever since. Their impressive 52-21-9 record in 2022-23 propelled them deep into the Eastern Conference Finals.

Recent strategic maneuvers off the ice have seen them acquire talents like Michael Bunting and Antti Raanta. The return of Tony DeAngelo to the team and the securing of Sebastian Aho with a long-term contract speak volumes about their commitment to excellence.

By solidifying their lease at PNC Arena, the NHL solidified its bond with fans, and bond with fans through extending their lease at PNC Arena, the future of hockey in North Carolina shines brightly.

College Sports

North Carolina’s sports scene is incomplete without a nod to NCAA basketball. The state houses renowned schools with rich basketball legacies. While the University of North Carolina Tar Heels shine brightly, the NC State Wolfpack, Duke Blue Devils, and Wake Forest Demon Deacons also field vital programs. This region is famed for its intense college basketball rivalries, making it one of the most competitive in the nation.

What online gambling is legal in North Carolina?

Currently, only online sports betting is legal in North Carolina. However, the state has made strides toward expanding its gambling options with the potential for future legislation to legalize other forms of online gambling, such as casino games and poker. With the approval of sports betting, it is clear that North Carolina is open to exploring and potentially expanding its gambling offerings in the future. Operators and players must stay informed of any potential state gambling law changes. North Carolina remains a state with a limited but growing online gambling market, providing an opportunity for growth and development in the industry. So, watch for new developments as North Carolina continues to evolve in online gambling.

In addition to sports betting and potential future gambling options, North Carolina offers a state lottery and limited forms of horse racing. The lottery was established in 2005 and has generated millions in educational program revenue. Horse racing is currently only available at the Harrah’s Cherokee Casino Resort and its sister property, Harrah’s Cherokee Valley River Casino & Hotel.

As North Carolina continues expanding its gambling options and bringing in revenue, operators, and players must adhere to responsible gambling practices. This includes setting limits, knowing when to walk away, and seeking help. With new opportunities for online betting in North Carolina, players must approach it with responsibility and caution.

How is Sports Betting Different From Casino Gambling in North Carolina?

Sports betting and casino gambling in North Carolina carry fundamental distinctions and similarities affecting their operation and participant experience. At its core, sports betting allows individuals to wager on the outcomes of various sporting events, such as football, basketball, and hockey. In contrast, casino gambling encompasses a broader range of betting activities, including slot machines, table games like poker and blackjack, and roulette. Both forms of gambling share the similarity of offering participants the chance to win money based on chance or skill; however, the mechanisms and specifics of these bets differ significantly.

From an application standpoint, sports betting in North Carolina is limited to online platforms and retail sportsbooks near major pro sports venues, following the state’s legislation on sports gambling. Casino gambling, conversely, takes place in designated areas such as Harrah’s Cherokee Casino Resort and Harrah’s Cherokee Valley River Casino & Hotel, offering a more immersive and varied gambling environment.

The taxation and potential winnings in sports betting and casino gambling also present differences. Sports betting winnings are subject to federal and sometimes state taxes, depending on the amount won and the state’s laws.

Casino winnings are similarly taxed at the federal level, and they may also be subject to state taxes, with the rates and requirements varying based on the type of game and the amount won. In addition to taxes, the potential amount of money that can be won in sports betting can vary widely, often depending on the odds of the particular event bet upon. In contrast, casino gambling typically offers predefined payout ratios for each game, which can give players a clearer upfront idea of their potential winnings.

Both sports betting and casino gambling contribute to the state’s economy through operational fees, operators’ taxes, and the potential taxation of winnings. Importantly, regardless of the type of gambling, participants must engage in these activities responsibly and understand the risks and legalities involved.

Who Governs North Carolina Sports Betting?

The North Carolina Education Lottery Commission governs sports betting in North Carolina. This regulatory body oversees all forms of gambling permitted within the state, including the recently legalized sports betting operations. The decision to place sports betting under the jurisdiction of the North Carolina Education Lottery Commission stems from its established infrastructure and proven track record in managing the state’s lottery and ensuring compliance with gambling laws and regulations.

Expanding on the evidence, the Commission’s approach to regulating sports betting includes issuing licenses to operators, ensuring fair play, and implementing responsible gambling measures. Their governance aims to maintain the integrity of sports betting activities while maximizing the revenue generated for educational purposes. By closely monitoring sports betting operations, the Commission seeks to prevent illegal gambling activities and protect the interests of both the bettors and the state. The oversight by the North Carolina Education Lottery Commission is crucial for the successful and sustainable growth of sports betting within the state, reflecting a broader trend of leveraging gambling revenues to support public services.

How Much Revenue does North Carolina Get From Sports Betting Sites Each Year?

The expected annual revenue from online sports betting sites once they launch in North Carolina on March 11 is projected to reach approximately $50 million in the first year. This figure is based on the analysis of market trends and the performance of sports betting in similar regulatory environments. The calculation considers the number of licensed operators entering the market, the state’s population, and the interest in sports betting among North Carolina residents. Additionally, the revenue projection considers the competitive landscape of best betting sites in North Carolina and their promotional strategies to attract users.

The anticipated influx of revenue stems from a combination of license fees, taxation of operator revenue, and taxes on bettor winnings. With the strategic implementation of online sports betting, North Carolina aims to capture a significant portion of the betting market, which has been largely untapped until now. The state’s careful preparation and regulation are expected to foster a robust betting infrastructure, ensuring these revenue projections become a reality. The success of this initiative will also depend on the ongoing oversight by the North Carolina Education Lottery Commission to maintain a fair and responsible betting environment.

What are Popular Betting Events in North Carolina?

In North Carolina, the betting scene offers a variety of sports events that capture the attention of many bettors. Here are some of the most popular betting events in the state:

  • NCAA Basketball Tournament (March Madness): North Carolina’s rich college basketball tradition, especially with powerhouse teams like Duke University and the University of North Carolina at Chapel Hill, fuels intense betting action during March Madness each year.
  • NFL Games: The Carolina Panthers’ presence in the NFL makes football season a prime time for sports betting, covering both regular season matchups and playoff games.
  • NASCAR Races: North Carolina’s deep roots in stock car racing, with iconic races at the Charlotte Motor Speedway, draw significant interest for NASCAR betting.
  • NBA Games: The Charlotte Hornets’ participation in the NBA attracts substantial betting activity on basketball games throughout the season.
  • PGA Tour Events: North Carolina hosts various PGA Tour events, including the Wells Fargo Championship, enticing golf fans to wager on their favorite players and outcomes.

These events not only reflect the diverse sports landscape in North Carolina but also underscore the state’s dynamic and thriving sports betting environment.

What Sports Can you Bet Online in North Carolina?

Passion for sports runs deep in North Carolina, where three professional sports teams reside, fueling the state’s unwavering enthusiasm. However, the college sports scene truly captivates the hearts of North Carolinians. Renowned powerhouses like the North Carolina Tar Heels, NC State Wolfpack, and Duke Blue Devils have etched their legacies in NCAA history.

For avid bettors, North Carolina’s sports betting laws present a unique opportunity to wager on local college teams, a privilege not found in all states. Whether you’re cheering for the Carolina Panthers or loyal to Duke University, the array of betting options ensures that fans have many choices.

Football—You can wager on the Panthers and all 31 NFL teams through any NC sportsbook. Common bets like money line, spread, and totals are available, along with diverse options like game and player props covering TDs, sacks, and receiving yards. For long-term thinkers, you can predict playoff appearances, conference wins, and Super Bowl victories. Some sportsbooks even allow bets on specific team outcomes, such as the number of season wins.

Basketball – Whether you’re rooting for the Charlotte Hornets or any other NBA team, there’s a wager for every stage, from the pre-season excitement to the NBA Finals. Player props, particularly bets on a player’s final point tally, are pretty popular. You can bet on individual halves or quarters or even place live bets on the next scorer. The basketball action doesn’t stop at the NBA. NCAA hoops are significant in North Carolina and are well-represented in all major sportsbooks. The betting opportunities extend beyond the usual leagues, including the WNBA, Euroleague, and global competitions like the FIBA World Cup and Olympics.

Baseball – In North Carolina, Major League Baseball holds a strong appeal even without a local team. The Atlanta Braves and Washington Nationals are the closest teams geographically. Regarding baseball betting, same-game parlays are a standout choice due to the numerous games played daily during the summer. You can choose specific outcomes like pitcher strikeouts, score after five innings, and total bases earned by a player. For those who prefer traditional betting, options such as the money line, run line, and over/under odds provide plenty of opportunities for speculation.

Hockey – Use any NC sports betting app to place a bet on the Carolina Hurricanes. Each game offers a range of options, from the puck line to goalie and goalscorer bets. Feeling adventurous? Try predicting the next Stanley Cup champ! With stiff competition in the NHL, attractive long odds could lead to substantial payouts.

Tennis – The Winston-Salem tennis tournament, part of the ATP 250 series, is a popular feature on all North Carolina sports betting platforms. Whether you’re looking to bet on specific match dynamics or predict the tournament winner, there’s a wager tailored to your preference. From game spreads to set bets and even unique options like forecasting a 6-0 set result, individual matches offer diverse betting choices. As the Grand Slam events approach, anticipate a more comprehensive range of betting opportunities.

Soccer – Soccer’s popularity is rising in the U.S., attracting many fans and bettors. North Carolina sportsbooks provide various soccer betting opportunities, prominently featuring top European leagues such as the English Premier League and La Liga. MLS games offer exciting betting options on the domestic front, especially when Charlotte FC takes to the field.

Other sports—Top North Carolina sportsbooks offer many betting options beyond mainstream sports. Competitive odds span various events, from local to global. Whether your interest lies in golf, NASCAR, Formula One, MMA, darts, snooker, or table tennis, you’ll find a diverse betting market to explore.

Who Can Bet on Sports in North Carolina?

Individuals must be 21 or older to participate in sports betting in North Carolina. This age restriction aligns with the legal gambling age set by the state, ensuring that betting activities remain a responsible and mature pastime. Prospective bettors must present valid government-issued identification when registering for an online sports betting account. This could include a driver’s license, passport, or state ID card, which verifies the bettor’s age and identity, safeguarding the integrity of the sports betting ecosystem and preventing underage gambling. This process underscores the state’s commitment to promoting a secure and ethical betting environment.

What are Common Betting Types are Available in North Carolina?

The finest NC sports betting apps offer a wide range of wagering options. Let’s explore the key bet types:

  • Futures – Long-term bets spanning entire seasons or tournaments, making them independent of individual game outcomes. For instance, you can wager on the Carolina Hurricanes clinching the Stanley Cup or North Carolina triumphing in the NCAA Tournament.
  • Moneyline – A straightforward bet on the outcome of a single sporting event. For instance, you could bet on the Carolina Panthers securing victory in an NFL match, a fighter winning in the Octagon, or Charlotte FC drawing in a soccer game via top mobile apps and online sportsbooks.
  • Point Spreads – This is a famous wager in football or basketball games. The top North Carolina sports betting app will allot a points handicap to the favored team, requiring you to predict who will cover the resulting point spread. For example, you might encounter odds of -110 on the Carolina Panthers -2.5 against the Houston Texans and -110 on the Texans +2.5.
  • Totals—An over/under bet on a sporting event or segment’s total points, goals, runs, and more. For example, you might see -110 on over 227.5 points in a match between the Charlotte Hornets and the Boston Celtics, with -110 on under 227.5 points. Additionally, there will be points totals for each half and quarter.
  • Prop Bets – These wagers revolve around in-game events, team statistics, and player performances. Examples include a player scoring in an NHL game, the highest-scoring quarter in football, the necessity of overtime, or an NBA player achieving a double-double.
  • Live Bets – Place live bets on ongoing sporting events. The odds for money line, spread, total, and props markets shift during the game, enabling real-time reactions and betting as events unfold.
  • Parlays – A parlay combines selections across two or more sporting events, resulting in a single wager with multiple components and increased cumulative odds. Each component must win for the parlay to pay out. For instance, you could bet on Duke, North Carolina, and Wake Forest, covering the spread on the same day. Some North Carolina betting apps even offer same-game parlays.

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 North Carolina?

Gambling winnings are subject to both federal and state taxes in North Carolina. As of 2023, the tax rate applied to gambling winnings is set at a flat 5.25%. This aligns with North Carolina’s flat income tax rate, meaning that all taxable income, including gambling winnings, is taxed at this uniform rate.

This taxation applies to all gambling winnings, from sports betting at North Carolina betting sites to lottery winnings and casino payouts. Winners are expected to report their winnings on their tax returns, and failure to do so can result in penalties and interest charges. Bettors must keep detailed records of their gambling activities, including wins and losses, as these can be important for tax purposes. The dual taxation framework—combining both federal and state taxes—emphasizes the importance of compliance with tax regulations, underscoring the legal and financial responsibilities of engaging in legalized sports betting within the state.

What Are the Payment Methods Available in Sports Betting in North Carolina?

North Carolina sports betting platforms cater to various payment preferences, emphasizing ease and security in transactions. Here are the most commonly available payment methods:

  • Credit and Debit Cards: Widely accepted for deposits, including Visa, MasterCard, and American Express. However, some banks may restrict transactions with gambling sites.
  • E-Wallets: Digital wallets like PayPal, Skrill, and Neteller offer a secure and speedy way to deposit and withdraw funds without directly engaging bank accounts.
  • Bank Transfers: A reliable method for larger transactions, facilitating direct transfers from a bettor’s bank account to the sportsbook.
  • Prepaid Cards: Sportsbooks often issue their prepaid cards or accept other brands like Play+ or Paysafecard, providing an alternative for those who prefer not to use bank or credit card details online.
  • PayNearMe: A cash deposit option available at participating retail locations, ideal for bettors who prefer cash.
  • Wire Transfers: Suitable for substantial transactions, though they may come with higher fees and longer processing times.

Each payment method has benefits, catering to North Carolina bettors’ diverse needs and preferences. Consider transaction speed, fees, and limits when choosing your preferred payment mode.

What Promotions Do North Carolina Online Sports Betting Companies Offer?

To help you sort through the terminology used with online sportsbook bonuses, here are some common examples you can expect North Carolina sports betting sites to offer.

Welcome Bonuses – Every website offers a welcome bonus to new users. These bonuses typically consist of free “bonus bets” granted upon your first deposit or bet or “second chance” bonuses that provide bonus bets if your initial bet loses. Some welcome bonuses may even include deposit match bonuses. 

Bonus Bets – A “bonus bet” is essentially credited on an online sportsbook. While you cannot withdraw it directly, you can use the bonus bet to place game wagers. If you win, you receive only the winnings, not the initial wager amount. For example, if you stake a $50 bonus bet at +110 and win, you would get $55 (as opposed to $105 if you wagered with cash).

First Bet Offers – Welcome packages often feature “first bet” offers that reward you when you place your initial wager on the site, usually as bonus bets. The first bet typically needs to meet a minimum amount requirement (e.g., $5). It sometimes must be a “qualifying wager” with specific odds (meaning you can’t simply bet on a heavy favorite).

Deposit Match Bonuses – Some websites offer deposit match bonuses when you make your initial deposit or at other times, known as “reload bonuses.” Typically, the bonus equals a percentage of the deposited amount. For instance, depositing $100 with a 20% match bonus results in a $20 bonus. (However, be cautious of playthrough requirements, as discussed below.)

Refer-a-Friend Bonuses—Many platforms provide referral bonuses to encourage you to invite others to sign up. Usually, you receive a bonus bet; occasionally, you and your friend receive one. Sometimes, your friend must place a wager first for you to get the bonus, while other times, you accept it once they create an account.

Odds Boosts – Online sportsbooks often feature odds boosts, offering enhanced odds on specific bets to increase potential payouts upon winning. For example, if a team’s regular money line bet to win is +115, an odds boost could adjust it to +165. A $100 winning bet would yield $165 instead of $115.

Bet Insurance Bonuses – Sometimes, you come across bet insurance offers where you can place a bet. If the bet doesn’t pan out, you may receive a refund of some or all of the bet amount, typically a bonus bet.

“Bet & Get” Bonuses – Another joint promotion in online sportsbooks is the bet-and-get bonus. Here, you’re encouraged to make a specific type of wager (e.g., on a particular sport or event) within a set timeframe and for a minimum sum. Upon doing so, you earn a bonus bet in return.

App-Exclusive Promotions and Bonuses – While all online sportsbooks have desktop-accessible web versions and mobile sports betting apps, some platforms offer “app-only” bonuses exclusively for app users. Make sure to check the latest promos whenever you launch the app.

Special Event Offers – Whenever a new season kicks off, like the start of NFL betting or NBA game odds going up, or when seasons wrap up with Super Bowl betting lines or NBA Finals odds or World Series odds, online sportsbooks typically roll out promos tied to these events. Anticipate North Carolina sportsbooks following suit with NHL betting promos or NBA betting promos linked to the Carolina Hurricanes and Charlotte Hornets or when college basketball action heats up for UNC, Duke, and other NC schools.

Loyalty Rewards Programs – Lastly, watch for loyalty rewards programs as you assess online sportsbooks and choose where to place your bets. Not all sports betting sites offer such programs, but those often provide ways to accumulate points and redeem them for site credit or bonus bets in the future.

Is Sports Betting Legal in NC?

Yes, sports betting is legal in North Carolina. The state legalized sports wagering in July 2019, passing Senate Bill 154, which authorized the Eastern Band of Cherokee Indians to operate retail sportsbooks at their casinos. This pivotal legislation marked North Carolina’s foray into the legal sports betting landscape, albeit initially restricted to in-person betting at two tribal casinos in the state’s mountainous western part. Expanding upon this foundational law, further legislative efforts to broaden sports betting accessibility by introducing online and mobile betting options. This move towards digitization reflects a growing trend, as North Carolina seeks to capture a larger share of the sports betting market and generate additional revenue streams from this burgeoning industry.

Can you Bet on Politics in North Carolina?

No, betting on politics in North Carolina is not legal. While the state has legalized sports betting, it does not include wagering on political events or elections. Other states have allowed political betting, but North Carolina has yet to pass any legislation regarding this type of gambling. However, as the industry continues to evolve and expand, there may be future opportunities for political betting in North Carolina.

Can I Bet Sports Betting Via Phone?

Yes, you can bet on sports in North Carolina via phone through mobile sports betting applications provided by casinos that have obtained the necessary legal permissions. Following the legalization of sports betting in July 2019, North Carolina has gradually expanded its sports betting infrastructure to include mobile and online options. While initially restricted to in-person betting at tribal casinos, recent legislative efforts aim to broaden the accessibility of sports betting to mobile platforms.

This development is part of a broader trend toward digitization in the sports betting industry, seeking to capture a larger market share and generate additional revenue. Therefore, as the legal framework evolves, North Carolinians can expect more opportunities for mobile sports betting, making it convenient to place bets from their phones.

What is the Population of North Carolina?

As of the latest United States Census Bureau estimates, North Carolina boasts a population of approximately 10.49 million residents. This growing populace provides a fertile ground for the burgeoning gambling industry within the state, highlighted by the legalization of sports betting and the expansion into mobile and online betting platforms. The revenue generated from gambling in North Carolina, mainly through online sportsbooks and casinos, has seen a significant uptick. While specific figures fluctuate annually, including sports betting, the potential expansion into online gambling suggests a promising increase in revenue streams for the state. This financial impact is further bolstered by the presence of tribal casinos, which have been a steady source of income.

North Carolina is renowned for its contributions to various sectors beyond gambling. The state is a hub for research and development, primarily due to the Research Triangle Park, which houses over 300 companies and is a pivotal center for technological innovation. Additionally, North Carolina’s diverse geography, ranging from the Appalachian Mountains to the Atlantic coast, makes it a prime destination for tourists seeking outdoor recreation and natural beauty. This blend of technological innovation, natural beauty, and now expanding gambling opportunities paints a comprehensive picture of what North Carolina is known for.

How to Become a Bookie in North Carolina?

Aspiring bookies in North Carolina should familiarize themselves with state gambling laws and regulations before embarking on their journey. While sports betting is now legal in North Carolina, specific restrictions still apply, such as the prohibition of online poker and other forms of online gambling. Here are the steps on how to become a bookie in NC.

  1. Understand the Legal Framework: With the legalization of sports betting in North Carolina, aspiring bookies must grasp the strict regulations and guidelines governing this industry.
  2. Obtain Required Licenses: The initial step involves acquiring the mandatory licenses from the state’s gaming commission. These licenses encompass permits for running a sportsbook, undergoing background checks, and disclosing financial information.
  3. Establish Credibility: Bookies can build their clientele base and reputation once licensed to attract more business opportunities.
  4. Acquire Industry Knowledge: Bookies must delve deep into the nuances of sports betting and have access to reliable resources for setting odds and managing bets effectively.
  5. Develop Skills: With the right knowledge, skills, and proper licensing, individuals can pave their way to becoming successful bookies in North Carolina.

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

What is a Bookie in North Carolina?

A bookie, in the context of North Carolina, is an individual or entity that accepts and facilitates bets on sports events and possibly other forms of gambling, depending on the legal parameters set by the state. In North Carolina, where sports betting has been legalized, a bookie’s operation hinges on the acquisition of necessary licenses and adherence to the state’s gambling laws and regulations. This professional conducts activities such as setting odds, accepting bets, and paying out winnings, serving as the intermediary between bettors and the outcomes of sports events.

To be a legitimate bookie in North Carolina, one must operate within the confines of the law, ensuring compliance with all regulatory requirements about sports betting. This underscores the critical need for bookies to stay informed about the evolving legal landscape, adjust their practices accordingly, and maintain high integrity and professionalism in their operations.