Since June 2020, online sports betting is live in Illinois and the sportsbooks are offering large sign-up bonuses for new customers:
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Sign up bonusFirst Deposit Bonus up to $1,000Household name for DFS Best user interface Good intro bonus Variety of banking optionsDraftKings SportsbookGET BONUS
Sign up bonusRisk-Free First Bet up to $1,000DFS powerhouse brand Frequent promotions Easy deposit & withdrawal Intuitive app interfaceFanDuel SportsbookGET BONUS
Illinois Online Sports Betting – FAQ
Is online sports betting legal in Illinois?
Yes, sports betting was legalized in Illinois in June 2019. The first sports bet was placed in-person on March 9th 2020 and the first online platform went live in June 2020. On August 21st 2020 an in-person registration requirement was suspended. This allowed players to sign up, deposit and bet from the comfort of their own home without having to physically attend a casino to activate their mobile app.
Who regulates online sports betting in Illinois?
The Illinois Gaming Board (IGB). It was founded in 1990 and is comprised of a five member board appointed by the Governor and confirmed by the Senate. It maintains integrity and regulatory oversight within the riverboat gambling, casino gambling, video gaming and sports betting industries within the state.. They ensure your money and data are secure when placing wagers online.
Is online sports betting safe?
Yes. All legal operators are overseen by the Illinois Gaming Board so once you register with a sportsbook licensed by the IGB it is completely safe.
Who can I bet with/Where can I place a bet online?
You can bet with any of the legal online sportsbooks. All are affiliated with an Illinois land-based licensed operator.
This Month’s Featured Sportsbook
Sign up bonus
Up To $1,500 Deposit Match
Illinois Sportsbooks – Online Payment Options
Most Illinois sportsbooks accept these for deposits. Options may be restricted to Visa and Mastercard. Some banks may block these transactions as they don’t allow deposits onto any type of gambling site despite the legalization of U.S. sports betting in 2018.
Availability is dependent on the individual app/site but established eWallets such as PayPal or Skrill are an option on some sportsbooks. You can only withdraw using eWallets if you deposited with the same method first. Deposits usually process immediately.
Sports bettors can deposit by sending money directly from their bank accounts.
These are like gift cards that players can use similarly to credit/debit cards to deposit any amount up to the value of the card. You can also withdraw to the prepaid card.
Some Illinois sportsbooks offer this deposit-only method however you cannot withdraw via PayNearMe. You simply select it as your deposit option with the sportsbook, then decide on the amount you would like to deposit and the sportsbook sends you a unique barcode. You can then go to your nearest 7-Eleven/CVS/Family Dollar where the cashier will scan the barcode and you pay them the amount of the deposit. Typically, your deposit will process within 15 minutes and is then available to use on the sportsbook.
You can deposit and withdraw using electronic check (eCheck) and you can withdraw by paper check. Typically, you cannot deposit directly to a sportsbook using a regular paper check. With eChecks, after a player requests their bank to transfer money from their bank account into a sportsbook, their request is first passed through a clearing house before the funds are transferred.
Cash At The Cage:
In some cases, players can deposit or withdraw money at the cage of the land-based casino with which their sportsbook is partnered.
Depositing vs Withdrawing:
Typically there are fewer options for withdrawing and it takes longer than depositing. The most common form of withdrawal is by check, paper or eCheck. If you want to withdraw by a particular method you must first have used that same method to deposit.
Illinois Sportsbooks – Types of Bets
Illinois Sportsbooks – Bonus Types
Free Bets/No-Deposit Bonus:
No-deposit bonuses are simple: you sign up to an account and on registration you are given a free bet. You do not need to deposit but it is usually for new accounts only.
Risk-free bets are bonuses where if you place a bet and win you get paid as usual but if you lose you get credited back the amount you lost in the form of a free bet. Basically, they are a bet where you can’t lose. For instance, if you place a risk-free $20 bet on the Patriots to win but they lose, you get a $20 free bet.
Matched bonuses are usually on your first deposit only. You make a deposit and then the sportsbook will match your deposit amount or a % of your deposit. There are typically playthrough requirements to release these bonuses. On some sites they might be only 1x playthrough but others make them up 50x. This makes the initial offer not as lucrative as it seems because you will have to make a lot of bets before your bonus money is available to withdraw.
Reload bonus are bonuses that the gaming companies offer from time to time. You re-deposit money into an already set-up account and subsequently receive some form of site credit. It is usually in the form of a matched bonus.
Refer A Friend:
This is a bonus you get for referring a friend to register a new account with one of the sportsbooks. When they complete their account registration, make a deposit or place their first bet you get credit to your account depending on the specific sportsbook’s offer.
Bonuses and VIP Awards are given when you play through a certain amount of money and are usually released in small increments. Some sportsbooks may offer these VIP rewards in the form of tickets to sporting events for high volume, high wagering bettors. However, not all sportsbooks offer VIP Rewards.