Online sports betting is legal in over twenty-two states, although most have no in-person, or behind the scene betting. So we are tracking all fifty states (plus Washington D.C.). Our goal here is to continue to provide you with as much current and relevant information as possible on how sports betting is working in each state. In other words, this report is just a snapshot in time. It is important to note that sports betting laws can change rapidly.
One thing that has been apparent from the beginning has been that many states, including Mississippi, have very restrictive laws on how much money an individual can wager or place on a single game. These laws generally call for a minimal capital outlay before a bet can be placed. In some cases, the smallest stakes may only allow bettors to wager one or two dollars. For example, in Mississippi, individuals who place more than twenty five hundred dollars on a single sports bet may face fines or even have their sports gambling license suspended.
While it is true that no capital outlay is required in Mississippi, it seems like a very high bar to set for something as simple as a bet. Especially for new gamblers who may not be too familiar with the risks and rewards associated with online wagers, this could present some significant challenges. However, there are some Mississippi casinos that will offer wagers as low as ten dollars per person during the entire game. This represents a great value, especially when spread betting are utilized.
As mentioned, we are also tracking the progress of legalized sports gambling in Mississippi. Currently, all fifty states have some form of legalized gambling. The two most prominent are regulated casinos, and mobile betting. As the gaming industry continues to grow, the success of these gambling enterprises will undoubtedly impact gaming in the state. Obviously, it stands to reason that the more successful a gambling enterprise is, the more likely gambling legislation will be further developed to support it.
Many are aware that the Mississippi House is currently debating whether or not to legalize sports betting. Currently, the House is leaning towards supporting the idea, but is not completely sure how it will get passed. At this point in time, the Mississippi House is leaning towards passing the House Bill 1301, which would legalize gambling across all of the state. If the bill becomes law, many states surrounding it will also adopt similar stances. In the end, however, it appears that many states will join the bandwagon and legalize sports betting.
If you live in or near Mississippi, chances are that you have already placed your bets on some type of sportsbook. Regardless, if you haven’t, you may want to consider looking into the possibility of becoming licensed to operate a sportsbook in the state of Mississippi. Like with any other business license, becoming licensed to operate a Mississippi sportsbook is one of the first steps towards becoming legalized in the state of Mississippi.
Once the draft becomes a reality, then the race for legalization will begin in earnest. It stands to reason that if more legalizing takes place, more sportsbooks will open in the other legalized states. With that being said, it is also important to remember that there is no timeline associated with this particular proposal. With new technology constantly being developed and new forms of gambling being introduced to the public, the idea of legalized online sports betting could become a reality before the decade ends. There are many who believe it to be a virtual inevitability, and many who don’t think it will happen at all.
For now, the idea of legalized gambling in all of the Southeastern United States seems a bit unlikely. However, as the years roll on and the Gulf of Mexico continues to expand into new areas, the idea of mobile sports betting may very well become a reality. It certainly seems that the trend is moving in that direction. With legalized gambling becoming more prevalent in the state of Mississippi, and the need for more gambling sites in previously unexciting areas of the country, Mississippi’s position in the world of online gambling could become stronger.