Sports Wagering and Paid Fantasy Sports

The Sports Wagering and Paid Fantasy Sports Division is responsible for administering and regulating sports wagering and paid fantasy sports in Indiana. Paid fantasy sports was established by Senate Enrolled Act 339-2016 and is contained within Indiana Code § 4-33-24. Sports Wagering is established by House Enrolled Act 1015-2019 and is contained within Indiana Code § 4-38.

Fantasy football and gambling. Fantasy football leagues can require a pool betting operating licence because the prize values are determined by the number of paying entrants. The exception to this is if it is run otherwise than in the course of a business. Online sports betting and daily fantasy sports are distinct products and regulated as such. Betting on the DraftKings Sportsbook is currently only available in certain states. To find out which states, check out our guide to where sports betting is legal. Then fantasy sports is the right play for you. Contrary to traditional sports betting, where the focus is on picking outcomes for specific teams or an entire game, fantasy betting zeroes in on the individuals. You assemble a team of players, who represent a variety of real-life teams, and are awarded points based on their performances.

The IGC will thoughtfully develop an application and regulatory framework for sports wagering. By statute, the earliest date in which sports wagering can be offered September 1, 2019 and is subject to regulatory approval. The IGC is committed to making this process transparent and to creating a strong regulatory environment that ensures the integrity of these activities in Indiana.

Relevant information will be continuously posted to our website. It is recommended that interested parties subscribe to email updates through our website in order to remain apprised of new information as it becomes available.

New FanDuel customers get their first bet RISK-FREE up to $1,000 on sportsbook or a $500 bonus on fantasy with their first deposit. FanDuel offers daily fantasy contests for cash prizes & legal wagering on sports betting markets for all major sports. Fantasy Golf Picks — 2021 THE PLAYERS Championship Picks, Predictions, Rankings and Sleepers; DraftKings PGA TOUR Fantasy Golf Picks: THE PLAYERS Championship Predictions, Preview; Basketball Odds: NBA Betting Recap for First Half of 2020-21 Season on DraftKings Sportsbook.

Please do not hesitate to contact our office with any questions, 317-233-0046.

If you have information related to a sports wagering integrity issue, you may email the tip line at sportswagering@igc.in.gov or call 1-800-715-3810. We will keep sources of information confidential.

Sports Wagering

List of Current Sports Wagering Licensees
Contact Information for Indiana Sportsbooks
List of Current Sports Wagering Registrants

Paid Fantasy Sports

• PFS Game Operator License Application
  The cost of investigation or reinvestigation under IC 4-33-24-17 is billed at $65.00 per hour.

We explained the basic principle of fantasy sports above and in essence it really is that simple. There are fantasy sports leagues for many different sports, with the most popular being US football, baseball, basketball and soccer.

Regardless of the sport involved, the concept is the same; you have to create a team of players which scores points based on those players performances in actual matches.

There are rules about how you go about picking players and how points are scored, and these rules do vary depending on what league you’re playing in and what the relevant sport is.

Baseball players will obviously earn points in a very different way to soccer players. Baseball players will earn points for things like hitting home runs while soccer players will earn points for things like scoring goals or creating assists.

In terms of the rules for picking players, these will usually include things like only being able to pick a certain amount of players from one single team and having to pick players in different positions.

Fantasy Betting

Often, players are assigned hypothetical values for the purposes of the league and you have to create your team within a fixed budget. Once you have assembled your team, it’s then a matter of seeing how it performs against other teams.