Your Guide to FL Betting Sites
The Sunshine State is on track for the legalization and launch of Florida online sports betting. The state agreed with the Seminole Tribe on a gaming compact, which was approved by the state legislature in May 2021. It is now under federal review, which has led to optimism that sports betting can be operational in Florida by the end of the year.
There are some detractors, however, as Miami Beach Mayor Dan Gelber sent a letter to Governor Ron DeSantis in June, requesting that he reject this compact. Still, the approval of the state legislature indicates that it’s only a matter of time before sports betting is legal in Florida.
You are currently unable to bet in the state of Florida, but there is optimism that sports betting will be operational by the end of the year.
When betting does launch in Florida, you won’t need to be a Florida resident, but you will need to be residing in the state of Florida at the time of your bet. Sportsbooks use geolocation to detect if you are in Florida at the time of your bet.
Florida residents must be at least 21 years of age to legally engage in online sports betting.
When sports betting launches in Florida, we can reasonably project the following sportsbooks to become operational within the state:
Hard Rock sportsbook is currently operational in the state of New Jersey, launching there in early 2021.
Since the Seminole Tribe operates the Hard Rock Casino in Hollywood, Florida, we can expect the brand to operate within the Sunshine State. Hard Rock offers competitive odds, useful promotions and solid betting options.
DraftKings is one of the most popular names in the industry. In addition to daily fantasy, DraftKings also operates a popular sportsbook. It is likely to be available for the first time with the legalization of sports betting, as this has also allowed for operations of daily fantasy sports within the state.
DraftKings is a convenient option, as users can access both daily fantasy and sports betting with the same account.
Like DraftKings, FanDuel is a popular sportsbook that also offers daily fantasy. We can project it to be available within Florida.
It provides similar options to DraftKings, including the option to have your sports betting and daily fantasy on the same account.
BetMGM has become another leading sportsbook in the industry, currently available in 11 states and districts: Colorado, Indiana, Iowa, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, Virginia, West Virginia, and Washington D.C.
It offers competitive lines, as well as great promotions and welcome bonuses. We can project it to open up in Florida due to its increasing expansion across the country.
Caesars Sports is available in three states: Nevada, New Jersey, and Pennsylvania. They offer rewards that can be redeemed at their hotels, restaurants, and bars.
Bally Bet is currently operating in Colorado and Iowa. They offer rewards for your betting through the use of “trophies” for various achievements.
William Hill is one of the most well-known names in the sports betting industry, as it has been operating since 1989. The mobile app features a user-friendly interface, and the company offers timely customer support.
WynnBet is available in six states: Colorado, Indiana, Michigan, New Jersey, Tennessee, and Virginia. What makes it unique is its inclusion of an online casino in addition to its wide array of sports betting options.
Like WynnBet, Unibet also has many promotions available for its online casino, which helps separate itself from other sportsbooks within the industry that only offer sports betting.
BetRivers is now operating in eight states: Colorado, Illinois, Indiana, Iowa, Michigan, Pennsylvania, Virginia, and West Virginia.
This sportsbook features an in-depth rewards system to provide bettors with more value in their wagers.
Once sports betting is legalized in Florida, you can follow the steps below to join one of the sports betting websites:
It’s an easy process to fund your account online. Florida will make it quick and easy to deposit funds and withdraw winnings.
Depositing is an easy process regardless of your experience with a given sportsbook:
The withdrawal process is quick and easy. You can find the steps below:
Each sportsbook offers a multitude of options to suit your needs, whether you are looking to add or take out funds. The money will be deposited into your account right away, allowing you to place your wager right away. Typically, withdrawals will be processed within 24-48 hours depending on the sportsbook.
Some of the deposit options include:
While there are fewer withdrawal options than with deposits, there are still enough options to make the process timely and efficient:
Downloading sportsbook apps to your phone/mobile device are quick and easy. Below is the step-by-step process for both iOS and Android:
Sports bettors in Florida will be able to place a wager on any of the options provided by the eligible sportsbooks that are operational in the state. You won’t need to worry about missing on a potential bet that is only available in another state. The list of options includes:
Prop betting on all collegiate events will be restricted in the state of Florida once sports betting is permitted.
NCAA Basketball and Football:
Major Professional Sports Teams:
Each team in a game has a moneyline, which determines the risk and reward on a given wager. For example, if the Reds are favored to defeat the Pirates with a moneyline of (-150), you would risk $15.00 to win $10.00.
On the other hand, if you bet on the Pirates in that same game at (+180), you would risk $10.00 to win $18.00. Moneyline bets only require your chosen team to win the game for your bet to be successful. The amount of points/runs your team wins by does not matter when it comes to moneyline betting.
Each game also has a point spread, though this may be referred to as a different name depending on the sport. For example, if the Browns are favored by -9.5 against the Bengals, that means the Browns need to win by 10 or more points for you to win your bet.
If you chose the Bengals at +9.5, you would win if the Bengals lost by 9 or less or if they won outright. Point spreads are known as run lines in baseball and puck lines in hockey.
In this case, if you bet on the Padres -2.5 over the Diamondbacks, that means you need them to win by 3 runs. If you bet on the Diamondbacks at +2.5, you win if they win outright or lose by 2. You can find point spreads in soccer and basketball as well.
Each game is assigned a total of runs, goals, or points, depending on the sport you’re betting on. You need to bet on the over or under.
For example, if I bet the over on 48.5 points in a game between the Seahawks and Colts, I need the two teams to combine for 49 or more points in order to win. There are also team totals, where you bet over or under on how much a team will score. Naturally, these totals are smaller than game totals.
Prop bets allow you to bet on a specific player’s stats for a single game or over a certain time period. For example, if I bet on over 24.5 points scored for LeBron James, I need him to score at least 25 points. Prop bets have increased in popularity due to fantasy sports, and there are often a wide variety available for each event.
Live betting is when you bet on a game after it has already started. These markets are constantly updated throughout the game based on the latest developments. For example, let’s say you wager on the Penguins at (-150) to beat the Flyers, but the Flyers score the first goal. You can now bet on the Penguins to win at a reduced price, even if they entered the game as heavy favorites.
A futures bet is when you place a bet on a result that won’t be decided until some point in the future. These are typically things that are decided after the season, like individual awards or season outcomes. You can bet on team futures like division winners, conference winners, champions, season win totals, and much more. You can also bet on player futures like season awards, total stats, and many others.
A parlay is when you put together multiple bets for a larger payout. You need to win each of your bets in order to win money from your parlay, which is easier said than done, but the reward is much nicer. For example, if I parlay Pacers -5.5 with Lakers +4.5, and Heat -8.5, I need to hit on each of these bets in order to win money. This is a good way to maximize your winnings if you’re feeling especially confident about multiple games.
It’s unclear if physical sportsbooks will be available once gambling has launched in the state of Florida. However, the Seminole Tribe operates the Hard Rock Casino in Hollywood, Florida.
Given that state legislators approved a deal between the Seminoles and the state government, it seems likely that a physical sportsbook will be operated at the Hard Rock Casino. We can expect this to be Hard Rock Sportsbook.
Other potential physical sportsbook can be expected at the following locations:
It is unclear if you can play at online casinos once sports betting has launched.
Sports betting has not yet launched in Florida, but it’s only a matter of time before those residing in Florida will be able to place a wager at a legal sportsbook.