Did you know that Minnesota is one of the few states where sports betting is illegal? Well, that might be about to change. Legislators are currently considering a bill that would legalize sports betting in the state. But as for now, if you want to bet on sports in Minnesota, you’ll have to do it illegally. In this blog post, we’ll tell you more about this, as well as give you some tips on how to bet safely.
Can you bet on sports in Minnesota?
Yes and no. There are no legal sports betting options in Minnesota, but that doesn’t mean people don’t bet on sports. According to a recent report, it’s estimated that $150 million is bet on sports illegally each year in Minnesota. This number is likely much higher, as many people who bet on sports don’t report it.
When people bet on sports illegally, they often do so with bookmakers or through offshore sportsbooks. This can be very risky, as you have no legal recourse if you’re scammed or if you don’t get paid. Additionally, bookies and offshore sportsbooks are often associated with organized crime, which can make betting even more dangerous.
How to choose a sportsbook for betting?
There are a few key factors to look for when choosing a bookmaker:
- Legality. Even though betting on sports is illegal in Minnesota, there are still some options available in neighboring states.
- Reputation. You can research a sportsbook by reading reviews or asking people you know for referrals.
- Range of markets. Choose a bookmaker that offers the types of bets you’re interested in.
- Bonuses and promotions. If you’re looking for some ways to bet, then check out the promotions at your favorite sportsbook. You might be surprised by what is offered!
- Withdrawal and deposit options. It’s also essential to find out whether the sportsbook offers methods for withdrawing and transferring money that is acceptable for you.
Whether you’re a resident of Minnesota or just visiting, if gambling is your passion then it’s crucial to do so safely. So keep reading to get the list of top sportsbooks available here.
What are the best bookmakers for betting on sports?
Our team of professionals has reviewed and rated the best sportsbooks for betting on sports. Here are our picks:
- BetRivers;
- Caesars;
- BetMGM;
- FanDuel;
- Draftkings.
We can confidently say that any of these bookmakers would be a great choice for betting on sports. Choose the platform that best suits your needs after reading reviews from other customers.
What should you know for placing a wise bet: 7 tips to follow
Sports betting is all about knowing the odds and placing a wise bet. Here are seven tips to follow:
- When you’re gambling, it can be easy to get caught up in the moment and spend more money than intended. That is why setting a budget beforehand will help keep your losses at an acceptable level while also ensuring that there are no surprises during playtime.
- Knowing the odds is a must when betting. Make sure you’re getting as good of an opportunity as possible and always place your bets on underdog teams or players to try and get that perfect win.
- Chasing your losses isn’t worth the hassle. It’s normal to lose sometimes, but you should never try and make up for those losses by going after more losing trades — it’ll just put you in a worse position than before.
- Gambling can be highly addictive, so it’s essential to know when enough is really enough. If you find yourself losing control and unable to stop, take a break now before things get worse.
- To stay within the law, make sure you’re only placing legal bets. If you aren’t sure whether or not you’ve made a mistake, contact your bookmaker to find out what the regulations are in your state or country.
- When you place a bet, do your research first. This includes finding out about teams and players as well as the odds of winning for each one.
- Gambling should be fun so try to have a good time. If it isn’t, then stop doing whatever you’re doing because this is supposed to make us enjoy life and not stress out.
Each of these tips is important to consider when placing a bet. You’ll be more likely to be successful if you follow them, as opposed to making impulsive bets.
That’s it for our guide to betting on sports in Minnesota. Be sure to follow these tips and you’ll be safe and sound while enjoying the action. Do you have any questions about the information in this post? Ask them in the comments below and we’ll do our best to answer them. Thanks for reading and good luck with your bets!