Minnesota Sports Betting 2024 – Compare the Top 10 MN Online Sportsbooks

Written by Aleksandar Simonovski

Updated: 08:53 am EST, 04/06/2024

With eleven tribes operating nineteen casinos around the state, Minnesota has plenty of tribal casinos that could provide the infrastructure for mobile betting sites and retail sportsbooks. Nonetheless, in the most recent legislative effort, betting via US operators was not legalized in the Land of 10,000 Lakes. Still, never fear, as Minnesota sports betting is alive and well, thanks to the best offshore sportsbooks in the state. Keep reading for a detailed breakdown of the best sports betting sites in the state and how to get in on the action.

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Minnesota Sports Betting at a Glance 2024

Following our introduction to Minnesota sports betting, let’s take a look at the state’s online sports betting industry at a glance.

List of the Best Minnesota Sports Betting Sites 2024

With our help, you can find a legitimate, secure, and licensed offshore sportsbook in Minnesota. We will begin by listing the top Minnesota sportsbooks with some quick details about each.

Purpose of Our Minnesota Sports Betting Guide

The primary purpose of this guide is to provide a comprehensive comparison and review of the top online sportsbooks available to Minnesota residents in 2024. We will evaluate and rank online sportsbooks based on user experience, betting markets, odds, promotions, security, customer service, and more. By offering detailed insights and comparisons, we aim to guide readers in making informed decisions when selecting an online sportsbook that best suits their needs and preferences.

Importance of Choosing the Right Sportsbook in Minnesota

Choosing the right sportsbook is a critical decision for any sports bettor. It directly impacts the betting experience and can significantly affect your success and enjoyment. A reputable and reliable sportsbook ensures fair play, timely payouts, and a secure betting environment.

Additionally, the right sportsbook offers a wide range of betting options, competitive odds, and attractive promotions that enhance the value for bettors. On the other hand, choosing a poorly managed or unreliable sportsbook can lead to frustrations, delays in withdrawals, and even potential financial losses. Therefore, conducting thorough research and making an informed choice is essential for a positive and rewarding sports betting experience.

Legal Landscape of Sports Betting in Minnesota

While sports betting remains unregulated via US operators in Minnesota, progress has been made toward US sportsbooks operating in the state. Several bills to regulate and legalize sports betting have been introduced in the state’s legislature, with some gaining significant traction. In 2020, a bill to legalize sports betting was introduced but did not reach the ballot due to the COVID-19 pandemic.

However, following the Supreme Court’s ruling on the Professional and Amateur Sports Protection Act (PASPA) in 2018, which deemed the federal ban on sports betting unconstitutional, there has been increasing support and efforts to regulate sports betting in Minnesota. The state’s tribal casinos have also expressed interest in operating sportsbooks within their facilities.

Nonetheless, offshore sportsbooks, such as the ones we suggest here, provide a safe and legal environment for betting. These sites are safe and secure; no US resident has ever been arrested or prosecuted for playing on them.

They are not bound by the gambling laws of the United States but are instead regulated and overseen by international organizations. This gives them many advantages over sportsbooks that are regulated in the US.

Current Laws and Regulations

As of 2024, the legal landscape of sports betting in Minnesota remains complex and somewhat restrictive. Currently, no state-regulated framework allows for legal sports betting via US operators within Minnesota’s borders.

The state’s laws prohibit most forms of gambling, with the exceptions primarily being daily fantasy sports, horse racing betting, state-run lotteries, charitable gaming, and tribal casinos. Minnesotans seeking to place sports bets typically use offshore sportsbooks, which are entirely legal, safe, and offer advantages over US-run sportsbooks.

Recent Changes or Updates in 2024

Significant legislative efforts have been made in 2024 to advance the legalization of sports betting in Minnesota. Lawmakers have introduced several bills designed to create a legal and regulatory framework for in-person and online sports betting.

These proposals have garnered bipartisan support, reflecting the growing recognition of the potential economic benefits and the increasing demand from residents for locally regulated betting options. While none of these bills have yet passed into law, the legislative activity in 2024 shows a clear trend toward eventual US-regulated sports betting legalization.

Expected Future Developments

The outlook for legal, locally-regulated sports betting in Minnesota appears promising. Experts anticipate that continued legislative momentum and public support will lead to the successful enactment of sports betting laws within the next few years.

Suppose Minnesota follows the pattern of other states. In that case, we can expect a thoroughly regulated market designed to ensure consumer protection, generate state revenue through taxation, and provide robust options for bettors.

This look to the future suggests that Minnesota residents may soon have access to various US-based sports betting platforms online and at physical locations within the state. Offshore sportsbooks like those we recommend will also continue running and offer a superior alternative to US-based operators.

Criteria for Ranking the Top Online Sportsbooks in MN

Here, we will outline the criteria considered when evaluating and ranking the top online sportsbooks available to Minnesota residents in 2024.

User Experience and Interface

An online sportsbook’s user experience and interface play a pivotal role in ensuring a satisfying and efficient betting process. A top-tier sportsbook should offer a clean, intuitive, and easy-to-navigate platform.

Features like quick load times, responsive design, and seamless mobile compatibility significantly enhance the betting experience. Additionally, sportsbooks that provide detailed tutorials, easy access to betting slips, and clear instructions contribute to a positive user experience.

Variety of Sports and Betting Options

Another critical criterion is the variety of sports and betting options available. The best sportsbooks offer extensive coverage of a wide range of sports, from popular leagues like the NFL, NBA, and MLB to niche sports such as cricket, rugby, and esports.

Within these sportsbooks, bettors should find various betting markets, including moneyline, point spreads, totals (over/under), parlays, teasers, and live betting. The availability of diverse options allows bettors to tailor their betting strategies and find opportunities that align with their interests and expertise.

Bonuses and Promotions

Bonuses and promotions are significant incentives for bettors to choose a particular sportsbook. Leading sportsbooks offer attractive welcome bonuses, free bets, and ongoing promotions that provide added value.

These could include deposit bonuses, risk-free bets, loyalty programs, and seasonal promotions for major sporting events. It’s important to assess the size and appeal of these bonuses and the terms and conditions attached, such as wagering requirements and expiration dates, to ensure they genuinely benefit the user.

Payment Options and Withdrawal Speeds

The availability of diverse payment options and the speed at which withdrawals are processed are crucial for a positive betting experience. Top online sportsbooks support a range of payment methods, including credit/debit cards, e-wallets, bank transfers, and cryptocurrencies.

Quick and hassle-free deposits and withdrawals enhance user satisfaction, with the best sportsbooks offering fast processing times and minimal fees. Transparent policies regarding payment procedures further build trust and reliability among bettors.

Customer Service

Exceptional customer service is another hallmark of a top sportsbook. Bettors should have access to reliable and responsive customer support through multiple channels such as live chat, email, and telephone.

The quality of customer service is often evident in promptness, professionalism, and the ability to resolve issues effectively. Comprehensive FAQs, help guides, and proactive communication provide a positive service experience, ensuring users feel supported and valued.

Security and Licensing

Security and licensing are fundamental criteria that ensure a safe and compliant betting environment. The best sportsbooks operate under reputable international licensing authorities and adhere to stringent regulatory standards.

Advanced security measures, such as SSL encryption and two-factor authentication, protect user data and financial transactions. A transparent privacy policy and commitment to responsible gambling practices demonstrate a sportsbook’s dedication to maintaining integrity and user trust.

Comparison of the Top 5 MN Online Sportsbooks

We evaluated and ranked the top 5 online sportsbooks available to Minnesota residents in 2024 based on the above criteria. Below are reviews highlighting each online sportsbook’s key features and strengths.

1. BetOnline – The Top Minnesota Sportsbook

BetOnline is a top-tier online sportsbook revered for its extensive sports coverage, innovative betting markets, and user-centric platform. Established to provide an unmatched betting experience, BetOnline offers a robust suite of features that cater to both novice and seasoned bettors. With a strong emphasis on security, customer satisfaction, and variety, BetOnline stands out as a premier destination for sports enthusiasts looking to elevate their betting game.

Features:

• Wide Range of Sports: From popular sports like NFL, NBA, and MLB to niche options like cricket, rugby, and esports, BetOnline covers an extensive array of sports.
• Innovative Betting Options: Offers diverse betting markets, including moneyline, point spreads, totals, parlays, teasers, and live betting.
• User-Friendly Interface: Intuitive platform with quick load times, responsive design, and seamless mobile compatibility.
• Attractive Bonuses and Promotions: Generous welcome bonuses, free bets, and ongoing promotions with favorable terms.
• Multiple Payment Options: Supports credit/debit cards, bank transfers, and cryptocurrencies for convenient transactions.
• Fast Withdrawal Speeds: Quick and hassle-free withdrawal processing with minimal fees.
• Exceptional Customer Service: Reliable support through live chat, email, and phone, complemented by comprehensive FAQs and help guides.

2. BetWhale – The Best Minnesota Live Sports Betting Lines

BetWhale is a premier online sportsbook that offers sports enthusiasts an immersive and exhilarating betting experience. Known for its competitive odds, wide range of sports coverage, and user-friendly platform, BetWhale aims to provide a top-notch betting environment. From innovative betting options to exceptional customer service, BetWhale ensures that every bettor’s needs are met with precision and care.

Features:

• Extensive Sports Coverage: BetWhale covers a wide array of sports, including popular events like football, basketball, and tennis, as well as niche sports like darts.
• Innovative Betting Markets: Offers a variety of betting options such as moneyline, spreads, totals, futures, parlays, and live betting.
• User-Friendly Platform: The site boasts an intuitive interface and fast load times and is optimized for both desktop and mobile devices.
• Generous Bonuses and Promotions: Includes attractive welcome bonuses, free bets, and ongoing promotions designed to provide added value to its users.
• Multiple Payment Methods: Supports various payment options such as credit/debit cards, bank wires, and cryptocurrencies.
• Fast Withdrawal Speeds: BetWhale provides quick and hassle-free withdrawal processing with transparent policies and minimal fees.
• Excellent Customer Support: Offers responsive and efficient customer service through live chat, email, and phone, backed by extensive FAQs and help guides.

3. Bovada – Real Time Live Odds Updates

Bovada is a renowned online sportsbook and casino designed to cater to seasoned bettors and newcomers alike. With a comprehensive range of betting options, competitive odds, and a user-friendly platform, Bovada ensures an engaging and enjoyable betting experience. The site is known for its robust security measures, ensuring users’ data and funds are always safe.

Features:

• Extensive Sports Coverage: Bovada offers betting options for a wide variety of sports, including major events like football, basketball, and baseball.
• Innovative Betting Options: Features a range of betting markets such as moneyline, point spreads, totals, futures, propositions, and live in-play betting.
• User-Friendly Interface: The platform is designed for ease of use, with a clean, intuitive interface optimized for desktop and mobile devices.
• Generous Bonuses and Promotions: This section includes attractive welcome bonuses, reload bonuses, and regular promotions to enhance users’ betting value.
• Multiple Payment Methods: Supports a variety of payment options including credit cards, Bitcoin, Bitcoin Cash, and other cryptocurrencies.
• Fast Payouts: Offers quick and reliable withdrawal processing, ensuring users receive their winnings promptly.
• Customer Support: Provides efficient and accessible customer service through live chat, email, and phone, backed by an extensive FAQ section.

4. Everygame – Matched Deposits and Betting Pools

Everygame is an all-inclusive online sportsbook and casino platform designed to cater to betting enthusiasts of all levels. With a vast selection of sports and casino games, Everygame ensures that players have a wide range of options to suit their preferences. The platform is committed to providing a secure and enjoyable betting environment supported by advanced security measures and top-notch customer service.

Features:

• Comprehensive Sports Coverage: Everygame provides extensive betting options across numerous sports, including football, basketball, tennis, and more.
• Live In-Play Betting: Offers the excitement of placing bets on ongoing matches with real-time odds and updates.
• Diverse Casino Games: Features a vast array of casino games, including slots, table games, and live dealer games.
• Generous Bonuses and Promotions: Offers attractive welcome bonuses, reload bonuses, and regular promotions to enhance the betting value for users.
• Multiple Payment Methods: Supports a variety of payment options, including credit cards and cryptocurrencies for easy transactions.
• User-Friendly Interface: The platform is designed with a clean and intuitive interface, optimized for both desktop and mobile use.
• Robust Security Measures: Implements advanced security protocols such as SSL encryption to ensure user data and transactions are safeguarded.

5. TG.Casino – Perfect for Minnesotans Who Prefer Cryptocurrencies

TG.Casino is an exhilarating online gaming platform that offers an action-packed sports betting bill and experience for enthusiasts at every level. With a rich assortment of sports betting options and a vast selection of casino games, TG.Casino ensures that players are continuously entertained. The platform is designed to deliver seamless gameplay, backed by robust security measures and top-notch customer support.

Features:

• Extensive Sports Betting Options: TG.Casino provides a wide range of sports betting opportunities, covering and niche popular sports.
• Live Betting: Engage in real-time betting with live odds and updates on ongoing matches, adding excitement to the betting experience.
• Rich Casino Game Selection: Features an impressive variety of casino games, including slots, table games, and live dealer options.
• Generous Promotional Offers: From welcome bonuses to ongoing promotions, TG.Casino offers attractive incentives to enhance player value and enjoyment.
• Multiple Payment Methods: Supports various payment options, including credit cards and cryptocurrencies, facilitating easy and flexible transactions.
• Advanced Security Measures: Utilises state-of-the-art security protocols, such as SSL encryption, to protect user data and financial transactions.
• User-Friendly Interface: Designed with a clean and intuitive layout, the platform is easy to navigate, providing a smooth experience.

Best Sites for Sports Betting in Minnesota Compared

Below, you’ll find a comparison of the best ten MN sportsbooks.

Is Sports Betting Legal in Minnesota?

As of now, sports betting remains unregulated in Minnesota. Despite growing interest in regulating sports betting and legislative efforts, the state has not yet passed any bills allowing sports wagering via US operators.

Discussions about the potential legalization of US sports betting licenses have focused on tribal involvement, regulatory frameworks, and economic benefits, but there has been no consensus or legislative action to authorize sports betting operations in the state. However, ongoing discussions suggest that change could be on the horizon as the state explores the possibilities and implications of legalizing this popular pastime.

In the meantime, we suggest visiting the safe, legal offshore sportsbooks recommended here. They have many benefits over US-based operators, even in states where bettors can choose between offshore and US-based.

Minnesota Gambling Taxes

In Minnesota, gambling winnings are subject to both federal and state taxes. The Internal Revenue Service (IRS) requires that all gambling winnings be reported as income. Minnesota mandates that any gambling winnings over $600 must be reported and may be subject to state income tax.

Gambling winnings are typically taxed at a flat rate of 24% for federal taxes. However, the actual tax rate can vary depending on the individual’s total income. At the state level, Minnesota taxes gambling winnings at the same rate as other forms of income.

Individuals report their winnings on their federal tax return using a form W-2G, provided by the gambling operator, if they exceed certain thresholds. Sometimes, an operator may even withhold taxes on winnings up front.

Taxpayers must keep accurate records of their gambling activities, including winnings, losses, and related expenses. This is especially important when betting at the offshore sportsbooks we promote, as they do not report your winnings to taxation authorities, issue you a W-2G, or withhold taxes. This means the onus is entirely on the bettor to account for yearly gambling income properly.

Minnesota Sports Betting Timeline

In the fight to allow sports betting in Minnesota, the following dates have been significant:

• May 20, 2024: Due to the lack of a vote on the most recent bill in the Minnesota House of Representatives, regulated sports betting will not be implemented in 2024.
• Feb. 20, 2023: Senator Matt Klein and Representative Zack Stephenson have introduced legislation to authorize retail and online sports betting in Minnesota, with bill numbers HF 2000 and SF 1949, respectively. Sports betting would be reserved exclusively for Minnesota tribes.
• May 23, 2022: Without a measure to authorize sports betting, the Minnesota House of Representatives and Senate adjourn for 2022.
• March 8, 2022: Minnesota legislators have introduced new legislation (House File 778) to allow sports betting.
• January 2021: A number of sports betting measures never make it to a vote. Senator Karla Bigham introduced a measure (SF 410) that suggests the availability of mobile sports betting exclusively at casinos in Minnesota.
• 2019: Although it passes the Senate, a bill that would have legalized sports betting at tribal casinos and horse racing tracks in Minnesota never makes it out of committee.
  

How To Sign Up for a Minnesota Betting App & Mobile Site

What follows is an examination of the steps necessary to join a sportsbook in Minnesota. This instance will make use of BetOnline, our suggested sportsbook. But regardless of the operator you choose, the processes remain the same.

1. Visit the Site

Go to BetOnline and any of the other sportsbooks in Minnesota that we recommend. Click on our links to ensure the best sign-up bonuses.

2. Start the Sign-Up Procedure

Find the “Join Now” or similar option if you aren’t sent straight to the signup page. Provide your email address in addition to completing the password creation form. Also include any promotional codes that we may have given you when prompted.

3. Input Personal Information

Sportsbooks usually need your name, date of birth, phone number, and physical address as identification verification. You must also reply to a verification email in most cases.

4. Sign In and Deposit

You can start betting and redeem your welcome offer after your account is authorized. To add funds to your account, please log in and head to the banking section. You may need to provide a promo code when you make the deposit in order to get your bonus.

5. Claim Your Welcome Bonus and Have Fun!

In order to activate your incentive, you must make a qualifying deposit. If prompted, enter any applicable bonus codes. The offshore sportsbooks that we recommend will issue your welcome bonus as soon as your deposit is processed.

Legal Betting Options in Minnesota

Aside from sports betting, several other legal gambling options are available in Minnesota. These include:

Brick-and-Mortar Casinos in Minnesota

Minnesota is home to several brick-and-mortar casinos, offering a range of gaming options from slot machines to table games. These casinos are generally located on Native American reservations, as federally recognized tribes have the right to operate gaming facilities on their lands.

Some of the most popular casinos include Mystic Lake Casino Hotel, the largest in the state, and Treasure Island Resort & Casino. These venues not only provide gambling opportunities but also feature a variety of dining, entertainment, and lodging options, making them popular destinations for locals and tourists.

Online Gambling Platforms Accessible to Minnesota Residents

While online sports betting is not available via US operators in Minnesota, residents have access to various online gambling platforms for betting and other types of gaming, such as poker, slots, and casino games. These platforms operate offshore and are thus not regulated by state laws, yet are licensed and overseen by reputable long-standing international gambling authorities. When choosing an online gambling site, players must ensure the platform is reputable and offers secure payment options.

Regulated Betting Options in Neighbouring States

Residents of MN eager to participate in sports betting via US operators have options in neighboring states where sports betting is regulated. For example, states like Iowa and South Dakota have regulated sports betting and offer a variety of state-sanctioned sportsbooks, both in-person and online.

Minnesotans can travel to these states to place bets, provided they comply with the respective state’s regulations. It’s advisable to familiarize oneself with the legal framework and online sports betting legal options available in these neighboring states to ensure an enjoyable sports betting legalization experience.

Best Sports to Bet on in Minnesota

Minnesota boasts a rich sports culture with avid fans supporting various professional and college teams, making it an exciting state for sports betting enthusiasts. Below are some of the best sports to bet on in Minnesota:

Football

Football is prevalent in Minnesota, with the Minnesota Vikings leading the pack in the NFL. Betting on NFL games provides many options, such as moneyline, spread, over/under, and prop bets.

College football also garners significant attention, especially with the Minnesota Golden Gophers playing in the NCAA. During the football season, the betting landscape is bustling with opportunities for both professional and college games.

Basketball

Minnesota has a strong basketball presence with the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx. Both teams have loyal fan bases and offer numerous betting possibilities, including point spreads, totals, and player props. Additionally, college basketball is widespread, with the Minnesota Golden Gophers men’s and women’s teams providing plenty of betting action during the NCAA season and March Madness.

Hockey

Hockey holds a special place in the hearts of Minnesotans, and the Minnesota Wild in the NHL attracts a lot of betting activity. Betting on hockey can involve picking winners, betting on totals, or placing wagers on puck lines and player performances. Minnesota is also a hotbed for college hockey, with the Golden Gophers offering exciting games and betting potential in the NCAA hockey scene.

Baseball

Baseball enthusiasts can bet on the Minnesota Twins in Major League Baseball (MLB). Bettors can engage in moneyline, run line, and totals betting throughout the extensive MLB season, providing a steady stream of wagering opportunities daily fantasy sports have. Though not as prominent, the college baseball scene still offers some betting options, particularly during the College World Series.

Soccer

Soccer is gaining traction in Minnesota, with Minnesota United FC competing in Major League Soccer (MLS). Betting on MLS games involves various options, such as predicting match outcomes, total goals, and individual player performances. Soccer enthusiasts can enjoy many betting opportunities as the sport continues to be popular.

Fan-Favorite Pro Teams in Minnesota

Minnesota is home to several beloved sports teams that inspire passionate support from fans. From outdoor stadiums to indoor arenas, Minnesotans flock to cheer on their favorite teams, creating an electrifying atmosphere. Here are some of the fan-favorite teams in Minnesota:

Minnesota Vikings

The Minnesota Vikings, established in 1961, are a staple of the state’s sports culture. With a devoted fan base known as the “Vikings Nation,” the team draws large crowds to U.S. Bank Stadium in Minneapolis. The Vikings’ horn-blowing mascot, SKOL chant, and iconic purple and gold attire are synonymous with football Sundays in Minnesota.

Minnesota Twins

The Minnesota Twins are a Major League Baseball team with a storied history that includes multiple World Series titles. Playing home games at Target Field, the Twins have a dedicated following that spans generations. The team’s on-field success and fan engagement initiatives continue solidifying their community place.

Minnesota Timberwolves

As the state’s NBA team, the Minnesota Timberwolves have garnered substantial support since their inception in 1989. Playing at the Target Center, the Timberwolves entertain fans with their fast-paced action and dramatic games. Star players and promising young talent keep the crowd’s energy high and hopes bright.

Minnesota Wild

Hockey is hugely popular in Minnesota, often referred to as the “State of Hockey,” the NHL’s Minnesota Wild are at the heart of this fandom. Playing at the Xcel Energy Center in Saint Paul, the Wild have quickly built a passionate fan base, making each home game a thrilling experience.

Minnesota Lynx

The Minnesota Lynx are a powerhouse in the WNBA, with several championships. Known for their dominance on the court and community involvement, the Lynx have a loyal fan base that celebrates their achievements and supports their dedication to excellence.

Minnesota United FC

Minnesota United FC, the state’s Major League Soccer team, has swiftly become a fan favorite since joining the league in 2017. Their state-of-the-art Allianz Field in Saint Paul draws enthusiastic crowds eager to support their Loons, named after the state bird and a symbol of the team’s resilience and spirit.

Payment Options for Minnesota Sportsbooks

Various payment methods are available to cater to Minnesota’s diverse preferences of sports bettors. When choosing a sportsbook, it is essential to consider the available payment options to ensure convenient and secure transactions. Here are some standard payment methods offered by sportsbooks:

Credit and Debit Cards

Credit and debit cards are among the most widely accepted payment methods. Most sportsbooks will accept significant card brands such as Visa and Mastercard. Credit or debit cards provide a fast and straightforward way to deposit funds into your betting account.

E-Wallets

E-wallets like PayPal, Skrill, and Neteller offer an additional layer of security and convenience. These digital wallets allow sports bettors to transfer funds without directly exposing their bank account or card details. Nonetheless, the offshore sportsbooks we recommend here do not take popular e-wallets.

Bank Transfers

Bank transfers are a reliable method for transferring more considerable sums of money. While this method is secure, processing times can be longer than other payment options. Some bettors prefer bank transfers for stability and enhanced transaction limits despite the extended processing period.

Prepaid Cards

Prepaid cards, such as Paysafecard, provide a secure way to manage your betting budget. These cards can be purchased in various denominations to fund sportsbook accounts without sharing personal financial information. Prepaid cards are handy for bettors who limit their spending to a predetermined amount.

Cryptocurrency

With the growing acceptance of digital currencies, some sportsbooks offer the option to deposit and withdraw funds using cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Cryptocurrency transactions are typically fast and come with enhanced privacy features. Bettors who value anonymity and security may find cryptocurrencies an appealing payment option.

ACH and eChecks

Automated Clearing House (ACH) transfers and eChecks offer a convenient way to move money directly from your bank account to your sportsbook account. These methods are secure and generally have higher transaction limits. However, they may take a few business days to process, and it is essential to have sufficient funds in your account to avoid overdraft fees.

Types of Mobile Bets in Minnesota

As mobile sports betting only grows in popularity, so does the variety of options available to mobile users in Minnesota. Mobile betting apps provide a convenient and flexible way for bettors to engage with their favorite sports from the comfort of their own homes or on the go. Here are some common types of mobile bets that are popular among Minnesota bettors:

Moneyline Bets

Moneyline bets are straightforward wagers where bettors pick the winner of a game or match. This type of bet is famous for its simplicity and is available across various sports, including football, basketball, hockey, and baseball.

Point Spread Bets

Point spread bets level the playing field by assigning a handicap to the favored team. Bettors must predict whether the favored team will win by more than the assigned points or if the underdog will lose by fewer points than the spread or win outright. This type of bet adds an extra layer of excitement and strategy to the betting experience.

Totals (Over/Under) Bets

Totals bets, also known as over/under bets, involve wagering on whether the total combined points or goals scored by both teams will be over or under a specified number set by the sportsbook. This type of bet is common in high-scoring sports like basketball and football.

Prop Bets

Proposition bets, or prop bets, are wagers on specific events or outcomes within a game that may not directly affect the final result. These sports wagers can include betting on individual player performances, such as the number of points a player will score, or team milestones, such as the first team to score. Prop bets offer bettors a wide range of unique and entertaining betting opportunities.

Parlays

Parlay bets combine multiple individual bets into a single wager. To win a parlay, all selected bets must be correct. While parlays offer higher potential payouts due to the increased risk, they can be harder to win since one wrong prediction will result in a loss.

Live Betting

Live betting, or in-play betting, allows bettors to place wagers on events as they happen in real-time. This type of betting adds excitement and immediacy to the sports betting experience, as odds and options can change rapidly based on the unfolding action.

Futures Bets

Futures bets are long-term wagers placed on events that will happen in the future, such as predicting the winner of a league championship or an individual award. Due to the uncertainty over the extended timeframe, these bets often offer higher odds and payouts.

Teasers

Teasers are a type of parlay that allows bettors to adjust the point spread or totals in their favor, increasing the chances of winning the bet. In exchange for this advantage, the payouts are typically lower than regular parlays.

Round Robins

Round-robin bets are similar to parlays but offer more flexibility. Bettors can create multiple smaller parlays from a more extensive set of selections, reducing the risk of losing the entire wager if one selection fails. This type of bet provides a balance between potential payout and risk management.

Final Thoughts: Sports Betting in Minnesota

Minnesota has a long history of sports and a growing appetite for sports betting. The state offers ample betting opportunities throughout the year with various professional and college teams. When looking to get into sports betting in MN, we suggest offshore sportsbooks such as those recommended here, and our top option is BetOnline.

FAQs