Wyoming Sports Betting: Best WY Underscoregs July 2024

Is sports betting legal in Wyoming?

Yes, sports betting has been legal in Wyoming since HB 133 was signed into law by Governor Mark Gordon on April 1, 2021. It took a few months to establish the legal framework, but online sports betting officially began in the state on September 1, 2021, with BetMGM and DraftKings as the initial sportsbooks. FanDuel joined in early 2022, followed by Caesars in August 2022. Fanatics entered the market in May 2024, and ESPN BET has received approval for a betting license but has not yet begun operations in the state.

Wyoming sports betting quick facts

Wyoming sports betting promos and bonuses

While Wyoming only has five options for legal sportsbooks, each one provides a chance to claim a generous welcome bonus. Make sure to click on our exclusive links and utilize any custom promo codes available to maximize your benefits.

You can claim as many bonuses as you want, but keep in mind they are only for new customers and limited to one per person. It’s a smart idea to sign up with multiple sportsbooks, even if they don’t meet all your criteria. Taking advantage of all their sign-up offers can result in a significant amount of bonus funds.

The benefits go beyond just sign-up offers. By staying loyal to Wyoming betting sites, you can enjoy a variety of rewards. This includes daily odds boosts, parlay boosts, and insurance bets, among others. By remaining active, you can also take advantage of sportsbooks’ loyalty programs, which provide additional perks.

In the end, maintaining accounts with various sports betting websites enables you to compare and find the most favorable odds, promotions, and betting options.

Top Wyoming betting sites

Although Wyoming’s sports betting market is small, it is dominated by five major players: DraftKings, BetMGM, FanDuel, Fanatics, and Caesars, all of which offer high-quality services.

ESPN BET has obtained a license from the Wyoming Gaming Commission, but has not yet released its app. Fanatics debuted in Wyoming in May 2024 after acquiring PointsBet’s U.S.-based assets. While ESPN BET is expected to launch in the future, a specific date has not been announced.

Each Wyoming betting site offers its own special features. Let’s take a look at the standout qualities of each.

Why FanDuel is the best sportsbook in Wyoming

Although FanDuel was the third sportsbook to enter the Wyoming market, it wasted no time in becoming a top contender. We consider it the best sportsbook in the Equality State, thanks in large part to its generous welcome bonus that is sure to attract football fans.

By placing a $5 bet on any FanDuel market, you could win $200 in bonus bets if your bet is successful. This incredible offer provides a $200 reward for only a $5 risk, making it a fantastic value proposition.

This offer is one of the top deals in Wyoming sports betting, with no restrictions on odds or limits on markets. You can activate this offer without needing a FanDuel promo code, making it a win-win situation. In addition, all users can enjoy a daily boost or bonus for the remainder of the summer.

Although FanDuel offers a great welcome bonus, they also excel in market variety, especially in futures and prop bets. One standout feature is the Record Breakers futures bet, allowing fans to predict whether NFL records like Passing TDs or Defensive Sacks will be broken in the upcoming season.

One of the main attractions of FanDuel is the exceptional user experience available on both desktop and mobile platforms. They regularly offer football promotions and ensure quick payouts, all while offering a site filled with various features. Recently, their popular Same Game Parlays (SGP) product received an upgrade, allowing bettors to combine SGP picks from multiple games for the chance to win significant payouts.

App store ratings: 4.8 out of 5 for iOS, 4.7 out of 5 for AndroidNew user bonus: Bet $5 and receive $200 in bonus bets if the bet is successfulFast payouts: Receive your winnings within 24 hours

To learn more about why FanDuel is the top sportsbook in Wyoming, be sure to read our comprehensive FanDuel review.

Other Wyoming online sportsbooks and sports betting apps 

If you’ve already decided on FanDuel, but are still unsure where to place your bets in Wyoming, there are three other excellent sportsbooks worth considering. Each platform offers distinct features and benefits. Let’s analyze their strengths.

DraftKings Wyoming

DraftKings introduces an irresistible welcome bonus, making it a challenge to resist. This offer is on par with FanDuel’s, adding fuel to the ongoing FanDuel vs. DraftKings debate. Similar to their main competitor, there is no need for a DraftKings promo code to take advantage of this welcome promotion.

DraftKings stands out for its wide market offerings, offering an extensive range of player and game props for the NFL and other major sports. The Stats Hub section provides valuable game statistics and trends to improve your picks. The DraftKings app offers a top-notch mobile experience, evident from its high ratings and positive reviews.

App store ratings: 4.8 out of 5 for iOS, 4.6 out of 5 for AndroidNew member bonus: Receive up to $300 in bonusesFast payouts: Get your money within 24 hours

Visit our DraftKings review to discover more about one of Wyoming’s top sportsbooks.

BetMGM Wyoming

BetMGM in Wyoming offers a generous welcome bonus of $1,500 in bonus bets. Simply sign up with the BetMGM bonus code SBRBONUS to claim this offer. In addition to popular sports, BetMGM also features a robust selection of markets for niche sports like biathlon.

BetMGM is recognized as a trailblazer in the industry, offering unique features such as the “Edit My Bet” option. The sportsbook provides exceptional promotions for loyal customers, with Challenges being a popular choice. BetMGM also caters to live betting enthusiasts with micro bets and free live streams.

The app store ratings for iOS are 4.8 out of 5.0 and for Android are 3.7 out of 5.0. New users can receive a sign-up bonus of $1,500 in bonus bets. Payouts are processed quickly, usually within 1-2 days.

Check out our comprehensive BetMGM review to discover why a large number of bettors in Wyoming prefer to place their bets on this platform.

Caesars Wyoming

When you sign up at Caesars and use the promo code SBRBONUS1000, you can receive a single bonus bet of up to $1,000 if you lose your first bet. This is a generous reward offered by Caesars.

Caesars offers a wide range of betting options, with odds available on over 20 sports as well as niche competitions such as surfing and sailing. In addition, you can earn points through the Caesars Rewards loyalty program, which can be redeemed online or at their various hotel and casino locations across the country.

Nevertheless, Caesars’ daily odds boosts are what truly sets them apart in Wyoming. With over 40 offered daily, they outshine the competition from other sportsbooks in the state.

App store ratings are 4.6 out of 5 for iOS and 4.2 out of 5 for Android. New users receive a sign-up bonus of $1,000 for their first bet on Caesars. Payouts are processed within 24 hours.

Our comprehensive review of Caesars covers all the essential information you need to know about this premier sportsbook in Wyoming.

How to start betting in Wyoming

Starting on a sports betting site is easy. To ensure a smooth process, we will guide you through each step, from selecting a sportsbook and creating an account to withdrawing your winnings.

1. Select a legal Wyoming sportsbook

When selecting a state-licensed sportsbook, it’s important to consider more than just legality. It can also provide you with a sense of security knowing that you have the support of a government agency in Wyoming if issues arise. Keep in mind that betting on tribal lands in Wyoming is not permitted due to specific geofencing regulations.

2. Register online 

In order to participate in sports betting in Wyoming, you must register online as it is an online-only market. When you visit the sports betting website or download the mobile app, you may need to select Wyoming from the list of states it caters to.

Signing up for most sportsbooks is simple and easy. To get started, you usually just need to provide some basic personal information such as your name, address, and the last four digits of your Social Security Number. It’s important to note that the minimum age for sports betting in Wyoming is 18.

3. Deposit 

After that, you’ll need to deposit funds into your account. Currently, Wyoming is the only state where sports betting allows cryptocurrency transactions. However, none of the betting platforms in the state currently support this payment method. It’s understandable, given the recent volatility of the crypto market.

There are several deposit methods available, such as PayPal, credit cards, online bank transfers, and e-wallets. Simply follow the necessary steps to add funds to your account. Don’t forget about your welcome bonus, which may have a minimum deposit or wagering requirement.

4. Make your first bet 

Now that your account has been funded, you are ready to make your first selection. Wyoming offers a wide range of betting options, from college games to esports, giving you plenty of choices. Simply choose your game, select your stake amount, and click on the odds that you prefer.

Make sure to review your bet slip with your selections and desired amount before confirming by clicking “Place Bet”.

5. Collect your bonus

If you are aiming for a “bet and get” bonus, you will receive your bonus bets immediately after your first bet is settled, provided you have met all the terms and conditions. However, if it is a first-bet insurance bonus, you will only receive bonus bets if your qualifying bet loses.

Ensure that you are familiar with the terms and conditions of the bonus you are pursuing in order to fulfill any requirements and understand the most effective method for converting your bonus bets into withdrawable cash.

6. Win and withdraw your payout 

Congratulations on a successful bet! Now it’s time to collect your winnings. Please note that in Wyoming, as an online-only market, you will not be able to cash out in person at a retail partner like in other states.

Withdrawal methods usually align with the deposit options, however, it is important to review the sportsbook’s specific policy. Choose the most suitable cash-out method for you and provide the necessary financial information. The processing time for withdrawals typically ranges from two to seven business days, depending on the selected method.

How we rate and review Wyoming sportsbooks

Although small, the Wyoming sports betting market is powerful. The top five apps – BetMGM, DraftKings, FanDuel, Fanatics, and Caesars – are all strong contenders, each offering high-quality services and competing closely in the market.

The only things that distinguish them are the subtle differences. These details may be overlooked at first glance. Here are some factors to keep in mind as you navigate these nuances and find the perfect match for your betting preferences.

User interface and ease of use

Avoid dealing with a cumbersome app when time is running out to place a bet. The key to a successful betting experience is choosing a sportsbook with a user-friendly mobile interface that allows you to quickly jump into the action.

Depth of prop bets

If you enjoy the detailed nature of prop bets, this could be a significant advantage. Certain sportsbooks provide simple game results, whereas others offer a wide range of intricate bets such as “first player to score” or specific in-game occurrences. The greater variety of options available at a sportsbook, the more appealing it is for fans of prop bets.

Quick cashouts

Winning big is a thrilling feeling, but the long wait for your money can be a major letdown. Some sportsbooks are quicker than others when it comes to getting your cash into your account. Make sure to consider the speed of payouts when choosing your sportsbook. Fortunately for bettors in Wyoming, all five legal sportsbooks in the state are on our list of the fastest payout options.

Local and niche sports coverage

Most major sportsbooks offer betting options for popular leagues like the NFL, NBA, and MLB. However, for those interested in local college games or niche sports, it may be a bit more challenging to find coverage.

Top Wyoming sportsbooks provide extensive betting options beyond just the major North American professional leagues. They offer a wide range of betting markets on sports such as golf, tennis, MMA, boxing, motorsports, rugby, cricket, cycling, darts, billiards, and various soccer leagues from around the world.

Extensive betting options may play a crucial role in your decision-making process beyond simply considering the point spread for Monday Night Football.

Odds boosts

Odds boosts are not just a fun bonus – they can significantly impact your earnings. Although many sportsbooks provide them, it’s important to do some research. Take a closer look at how often and how much the boosts are, and be aware of any wager restrictions.

Do the sportsbook only enhance odds for popular sports, or do they also cover niche markets like golf? Extra credit for platforms that provide boosts for parlays and same-game parlays as well.

Live betting features

In-play betting has the potential to revolutionize the game. When assessing sportsbooks, examine their live betting platform closely. Are the odds competitive and continuously updated? Does the platform function smoothly and without glitches, loading quickly?

Incorporating features such as micro-betting and live streaming can enhance your betting experience. A sportsbook that excels in these areas is ideal for live betting. Luckily, Wyoming offers some of the top live betting sites in the country.

Wyoming legal sports betting and regulations

Wyoming’s sports betting industry is continuously developing, thanks to its innovative online-only approach and streamlined legislative process, setting the stage for further expansion. Here is the story of its progression.

Wyoming’s online and mobile sportsbooks

Wyoming became the second state in the U.S. to implement an online-only sports betting model. DraftKings and BetMGM were the initial companies to launch on September 1, 2021, followed by FanDuel on March 10, 2022. Caesars is the most recent addition to the market, entering on August 2, 2022.

Quick legislation and launch

In February 2021, Rep. Tom Walters kickstarted the process by introducing HB 133. Despite an initial rejection, the bill swiftly reemerged and was ultimately signed into law by Gov. Mark Gordon in April 2021. This rapid legislative journey paved the way for Wyoming’s sports betting market to launch in under a year.

Licensing and market potential

The regulatory environment in Wyoming is conducive to market growth, with the Wyoming Gaming Commission mandating a minimum issuance of five sports betting licenses. An interesting feature is that online operators are not required to collaborate with brick-and-mortar establishments, eliminating a traditional obstacle to entry.

The financial setup is advantageous as well: operators will pay a $100,000 initial licensing fee for a five-year term and a $50,000 renewal fee. In terms of taxes, there is a 10% tax rate on gross revenue, with the first $300,000 each year earmarked for gambling addiction programs.

In order to acquire a sports betting permit in Wyoming, an operator must hold licenses in a minimum of three other U.S. jurisdictions.

Together, these conditions set the stage for future growth and increased competition in the market.

Land-Based WY sportsbooks: A non-entity

In contrast to other states, Wyoming has chosen not to incorporate physical sportsbooks. The state’s tribal lands are not included in sports betting activities because of geofencing regulations, making Wyoming unique as a strictly online betting destination. Only Tennessee shares similar laws regarding online-only sports betting.

Wyoming sports leagues and teams to bet on

Even without professional NFL or NBA teams nearby, sports fans in Wyoming can still get their fix with college sports. The University of Wyoming Cowboys have a huge following in the state, drawing in plenty of local support for both football and basketball games. Whether it’s game day for football or basketball, you can always find exciting betting opportunities on the Cowboys at local sportsbooks.

In addition to supporting local college teams, many residents in Wyoming also cheer for professional teams from neighboring Colorado, including the Denver Broncos in the NFL and the Colorado Rockies in MLB.

It’s not only football and baseball that draw attention in Colorado. The Colorado Avalanche in the NHL and the NBA defending champions, the Denver Nuggets, also have a strong fan base. Wyoming sportsbooks offer plenty of opportunities to bet on all these teams.

In addition to football and basketball, Wyoming’s sportsbooks offer a wide variety of odds on popular sports such as soccer, tennis, golf, and NASCAR. Whether you’re a college sports enthusiast or a professional sports fan, there is something for everyone in Wyoming’s betting scene.

Sports enthusiasts can explore the best sportsbooks for individual sports, leagues, playoffs, and categories.

Who can bet on sports in Wyoming?

If you want to participate in activities in Wyoming, here are some important guidelines to be aware of before beginning.

Legal age in Wyoming

To register and participate with a sportsbook in Wyoming, you must be at least 18 years old, unlike the majority of states where the minimum age is 21.

Mobile betting

Wyoming fully embraces mobile betting, with all sports wagers in the state being placed online through betting apps or desktop websites.

Remote registration

In Wyoming, the process is straightforward. You can easily register for an account without having to go to a casino or retail sportsbook. Simply download the app of your preference and sign up remotely, just like you would on any other website or app.

Within state borders

As long as you are within Wyoming’s borders when placing your bet, residency is not required. However, it is important to note that all WY tribal lands are restricted from betting, following a similar rule to Oregon.

Retail sportsbooks

In Wyoming, brick-and-mortar sportsbooks are not available, unlike neighboring Colorado which does have them. Wyoming has chosen to stick to an online-only model for sports betting. While traditional casinos are present in the state, they do not offer sports betting services.

Taxable winnings

Winning may be satisfying, but don’t overlook the tax implications. In Wyoming, sports betting winnings are treated the same as casino gambling for tax purposes. If you win more than $600 in a year, you are required to report those winnings when filing your taxes.

What you can and can’t bet on in Wyoming

Wyoming provides a relatively open landscape for sports betting, but there are certain restrictions that you need to know about.

Politics ❌

Political betting is not allowed in Wyoming, including on presidential elections or any other political events. This policy is consistent with the standard practice throughout the United States.

Entertainment and award shows ✅

When it comes to betting on entertainment events such as award shows, there is no specific law against it. Nevertheless, the options are limited. DraftKings is among the few platforms that offer odds for events like the Oscars or the Grammys.

Esports ✅

Esports presents a unique situation for betting, as wagering on events is typically restricted if most participants are minors under the age of 18. Given the prevalence of young competitors in esports tournaments, this limitation can impact the available betting opportunities in this category.

College sports: no strings attached ✅

Wyoming is known for its leniency when it comes to college sports betting. While many states have restrictions on betting on in-state teams, Wyoming does not have this limitation, allowing bettors to freely support local teams like the University of Wyoming Cowboys. However, Wyoming does prohibit player props in college games.

Exchange Wagering ✅

In Wyoming, exchange wagering is a unique feature in the sports betting landscape that allows two bettors to compete head-to-head with opposing wagers on the same event, adding an extra layer of strategy to the game.

Daily Fantasy Sports ✅

The approval of HB 133 allowed for the legalization of Daily Fantasy Sports (DFS), enabling platforms such as DraftKings and FanDuel to provide these contests within the state. Additionally, non-sportsbook websites like Yahoo! now offer a range of DFS games.

Wyoming sports betting tax and handle

In July 2023, Wyoming’s sports betting industry thrived, as shown in the report from the Wyoming Gaming Commission (WGC). Wagers for the month surpassed $8.1 million, and tax revenue nearly doubled from the previous month, totaling around $68,363.

This growth is not a temporary spike, but rather a consistent increase over previous months. For example, the revenue was $12.7 million in May, slightly higher than April’s $12.6 million. Despite a slight decrease in June, there was still a 30% increase compared to the previous year.

2021 WY sports betting handle

2022 WY sports betting handle

2023 WY sports betting handle

2024 WY sports betting handle

Each of the state’s five active sportsbooks pays 10 percent of their gross gaming revenue.

Responsible sports betting in Wyoming

Gambling can be a rollercoaster of emotions, but when the thrill turns into an all-consuming obsession, it’s a cause for concern. Wyoming understands the importance of supporting those struggling with gambling addiction, which is why they allocate $300,000 annually towards responsible gaming programs.

Each new online betting site operating in the state is required to incorporate safe gaming features such as voluntary deposit and betting limits to ensure responsible gambling. Additionally, a portion of the profits from gaming activities is allocated to county-run programs aimed at addressing problem gambling.

Where to turn for help

If you or someone you are close to has difficulty with responsible gambling, Wyoming provides a variety of support services:

The Wyoming Council on Problem Gambling is not just an organization; it is a committed initiative to educate Wyoming residents about the dangers of problem gambling. It acts as a resource for individuals in need of support and practical solutions.

The Wyoming Department of Health goes above and beyond by providing specialized support for individuals struggling with gambling addictions, with a focus on both prevention and treatment.

The Wyoming Gaming Commission goes beyond simply enforcing gaming regulations. They provide support for individuals dealing with problem gambling, including self-exclusion programs and financial support for research on the topic.

National Council on Problem Gambling provides various support options across the nation, making it a beneficial alternative for individuals seeking resources beyond Wyoming.

Call the National U.S. gambling hotline at 1-800-GAMBLER.

Underscoregs to avoid in Wyoming

Despite Wyoming’s efforts to establish a secure and regulated sports betting environment, the appeal of offshore, illegal betting sites remains strong. These sites are not subject to US jurisdiction, posing significant risks for users for various reasons.

No regulatory oversight

Offshore platforms are not bound by U.S. laws like state-regulated sites, leaving you with minimal to no protection in case of any issues.

Payment issues

Numerous offshore gambling websites have a track record of late payments or simply not honoring winnings. Without a regulatory body to intervene, players are left to fend for themselves.

Data security

The absence of regulation also applies to the way these websites manage your personal and financial data, potentially putting you at risk due to inadequate security measures.

Legal consequences

Getting involved with offshore websites could result in legal consequences such as fines or other penalties.

To ensure a secure and trustworthy betting experience, we highly recommend utilizing only the state-regulated sports betting platforms offered in Wyoming. These platforms adhere to U.S. laws and provide superior consumer protection compared to offshore sites.

While we offer a comprehensive list of blacklisted sportsbooks, here are a few notable ones to steer clear of:

Growth of sports betting 📈

In 2018, the repeal of PASPA by the U.S. Supreme Court led to a rapid expansion of legal sports betting across the United States. Nearly thirty states have now legalized various forms of sports betting, often including the authorization of online sportsbooks and mobile betting applications. Visit our legal sports betting tracker for detailed information on the status of sports betting in any state of interest.

In the last couple of years, states such as Ohio and Massachusetts have seen great success with the launch of online betting platforms. This has provided sports fans with an additional avenue to support their favorite teams, while also generating significant revenue for the states through licensing fees and taxes.

On March 11, 2024, legal sports betting in North Carolina officially launched, welcoming eight top sportsbooks to the state. With major events like the Copa America and Euro 2024 soccer tournaments taking place throughout the summer, the thrill and possibilities for sports betting fans are expanding rapidly.