Wisconsin Sports Betting Updates for 2023

Wisconsin Sports Betting Through the Years

Sports betting in Wisconsin has come a long way since the legalization of pari-mutuel wagering in 1987. The state has seen a gradual acceptance of the industry, driven by legislative efforts and tribal compacts. The retail locations providing these services have also increased, promoting the growth of the industry.

• 2022: Mole Lake Casino & Lodge is permitted to offer sports betting following the Sokaogon Chippewa Community’s approval of a gaming compact.
• 2022: In February, Betway secures an agreement as the official betting partner for the NBA’s Milwaukee Bucks.
• 2021: A gaming compact is signed in December between Governor Evers and the St. Croix Chippewa Tribe, authorizing sports betting at their three casinos.
• 2021: In November, the Oneida Nation unveils a new retail sportsbook at Oneida Casino.
• 2021: Wisconsin legalizes sports betting in July through a gaming compact signed by Governor Evers. The pact enables 11 participating Native American tribes to provide sports wagering at tribal casinos. In-person betting is set to launch exclusively at Oneida Casino, marking the arrival of the state’s first physical sportsbook.
• 2019: The Wisconsin State Legislature is presented with a bill that aims to legalize sports betting. If passed, it would approve retail betting at licensed venues and online wagering with partnered sportsbooks. The proposal ultimately fails to gain enough traction to move forward.
• 1987: Pari-mutuel wagering on horse races becomes the sole form of legal sports betting in Wisconsin with the passage of a bill by lawmakers.

As the sports betting industry continues to evolve, Wisconsin is poised to adapt and grow along with it, potentially paving the way for new developments in the future.

Getting Set for Online Sports Betting in Wisconsin

Online sports betting in Wisconsin is on the horizon, and sports bettors in the state need to be prepared to leverage this upcoming opportunity. The following sections will cover key things that you need to know.

Sportsbook Bonuses You Can Expect to Find

Sportsbooks often entice players with enticing bonuses. These can significantly boost your bankroll and enhance your online betting experience. Here are some commonly offered bonuses:

• Welcome Bonuses: As the name suggests, these are rewards for new players. They typically include a match bonus on your initial deposit or free bets to get you started.
• Deposit Match Bonuses: With these bonuses, the sportsbook matches a portion of your deposit with bonus funds. For example, if you deposit $100 and there’s a 100% deposit match, you’ll receive an additional $100 in bonus funds.
• No Deposit Bonuses: No deposit, no problem! Some sportsbooks offer free bets or bonus cash just for signing up. It’s a risk-free way to explore the platform.
• Bonus Bet Credits: These credits are often awarded as part of ongoing promotions or loyalty programs. You can use them to place bets without risking your own money.
• Cashback Offers: Cashback deals provide a safety net. If you incur losses within a specified period, the sportsbook may return a percentage of your losses as cash or bonus credits.

These bonuses can vary from one sportsbook to another, so it’s essential to read the terms and conditions to understand how they work and any wagering requirements.

Accepted Banking Options for Online Sports Betting

When it comes to funding your online sports betting account in Wisconsin, you’ll find a variety of reliable banking options. Here are some commonly accepted methods, ensuring you have choices that suit your preferences:

• Debit Card: Using your debit card is a convenient and straightforward way to fund your betting account. Transactions are usually processed quickly, allowing you to start betting without delay.
• Credit Card: Credit cards, such as Visa and MasterCard, are widely accepted at online sportsbooks. They offer similar convenience to debit cards, but it’s essential to check with your credit card provider to ensure they allow gambling-related transactions.
• Bank Wire Transfers: For those who prefer traditional banking methods, bank wire transfers are a secure option. You can transfer funds directly from your bank account to your sportsbook account, although this method may take a bit longer compared to card payments.
• Prepaid Cards: Many sportsbooks offer their own prepaid cards, which you can load with funds and use for betting. These cards are linked directly to the sportsbook and are a convenient option, especially if you want to maintain a separate gambling budget.
• E-wallets: E-wallets like PayPal, Skrill, and Neteller are commonly accepted at online sportsbooks. They provide a layer of privacy and security for your transactions and are known for their fast processing times.
• ACH/eCheck: Automated Clearing House (ACH) transfers and eChecks are electronic alternatives to paper checks. They allow you to transfer funds directly from your bank account to your sportsbook account.
• PayNearMe: This cash deposit option allows you to fund your sportsbook account with cash at a participating retail location, such as a convenience store or pharmacy.

Having a wide range of banking options ensures that you can select the method that best aligns with your preferences and needs. However, it’s essential to check with your chosen sportsbook to confirm the availability of these methods, as they may vary from one platform to another.