Louisiana SportsBook and Casino

Louisiana Sports Betting + LA Online Sports Betting

At one point in 2019 it seemed like a mere formality that 2020 would see the launch of Louisiana sports books at the state’s casinos and race tracks. Local parishes have proven to be in favor of sports betting, so where does that leave Louisiana constituents in terms of knowing how and when they’ll be able to place sports bets? Well, here are the five things you need to know about Louisiana sports betting and LA online sports betting apps.

1) Is Louisiana Sports Betting Legal?

A bill introduced by Senator Danny Martiny, and the state’s thriving zest for sports is as potent as a Hand Grenade at Tropical Isle. But Louisiana sports betting encountered some major hurdles in the form of political entanglements right out of House of Cards. When Senator Martiny’s bill reached the state’s House Appropriations committee, it was stocked with amendments deemed to be “poison pills”. The popular bill suddenly required the use of data licensed directly from sportsbooks after reported politicking by the NFL. But, more pressingly, one amendment would have also allowed the state’s 2,800+ video poker parlors to also offer a betting kiosk. The Louisiana Gaming Commission pushed back due to the strain that both licensing and enforcement by state police would require. The Louisiana Casino Association also pushed back as a change they could not support.

The status of sports betting in the state remains in flux after Senator Martiny’s good faith effort was not met in kind.

2) What Bills are Currently Before the State Legislature?

With no new bills pending in the political process and efforts by Senator Martiny to tether the cause to other bills up for vote met by refusal, Louisiana online sports betting is certainly a ways away. The state has a thriving gambling and casino economy (and history) that could be ripe for another push in the future. But, as of right now, it’s unlikely to see Louisiana online sports betting pop up any time soon even as the ubiquity of DK Sportsbook and FanDuel Sportsbooks reach a fever pitch in other parts of the country.

A sports betting bill (SB 130) focused mostly around the taxation aspect passed in the Senate by a 29-9 vote.

3) What are the Next Steps for LA Sports Betting?

COVID-19 has derailed many political initiatives not directly tied to the containment and relief needed thanks to the global pandemic. Perhaps the loss of tourist revenues and local business will bring the state decision-makers back to the table to seek new revenue, a prime situation for Louisiana sports betting to be that knight in shining armor for state finances. For now, locals will have to seek sportsbooks in neighboring states while they push their representatives to find a resolution – sans “poison pill” – to bring Louisiana sports betting to the people.

4) What are the Most Popular Teams to Bet on in LA?

Without a doubt, Louisiana’s most notable team is the New Orleans Saints. With Drew Brees & Co. being a dominant force throughout the last decade in the NFL, the Saints are an absolute sensation in Louisiana. A vast majority of the local action will definitely come in on the Saints.

The New Orleans Pelicans got a shot in the arm with Zion Williamson arriving and giving the team a major buzz. The Pels will attract their own share of wagering.

5) Is There Anything Else to Know About Louisiana Sports Betting?

For now, any bets placed will have to be between friends or “friends.” Perhaps a drive to a neighboring state can suffice, too. But until the local politicians can get together in the interest of citizens and state revenue coffers, anyone who seeks Louisiana sports betting online or in a casino will be unable to do so. Video poker and other casino games are readily available but any and all potential Louisiana sportsbook locations are unlikely to see the light of day during Drew Brees’ stint as a New Orleans Saints quarterback.

What are the Most Common Types of Bets I Can Make in North Dakota?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Boston Celtics -6.5 (-110), moneyline -320

at Cleveland Cavaliers +6.5 (-110), moneyline +260

O/U 206

The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.

Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

Louisiana Sports Betting FAQs

  1. Is Sports Betting Legal in State?
  2. How Can I bet in state?
  3. Will Louisiana have Online Sports Betting or Sports Betting Apps?
  4. How Do I Open an Account?
  5. How Do I Deposit and Withdraw?
  6. Do I have to be in state to place a bet?
  7. What Games Can I bet on?
  8. What Companies Will be Offering Sports Betting?
  9. What Kind of Taxes Do I have to Pay?
  10. How Old Do I have to Be to Bet in State?
  11. What are the Betting Limits?
  12. Where Do I go if I have a problem?

Need more sports betting information? Check out the Awesemo betting home page.

Source

SportsBookLive
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