Which New Online Sports Betting States Have The Best Potential?

Posted By Marc Meltzer on June 29, 2020
online sports betting Michigan Illinois Virginia Colorado

Legal sports betting is spreading across the nation. Unfortunately, not every state legalizing sports betting is also allowing online betting. It’s no surprise to see that states legalizing online wagering are also among the leaders in overall sports betting revenue in the country. Sports betting apps are ready to explode across the country as more states legalize online sports betting.

If the states with legal online sports wagering aren’t at the top, they’re well on the way thanks to making it easy for bettors to place wagers. While Nevada offers mobile sports betting, it doesn’t offer full online betting like New Jersey or Pennsylvania.

There are a host of new states offering mobile sports betting and some coming up soon that will take national sports betting to another level. Some states will be better for bettors than others based on population, local sports teams, sportsbook competition, and technology. Here are some of the up-and-coming best states for online sports wagering in the US.

Colorado online sports betting

Mobile sports betting is already live in Colorado. This could become the top state for mobile sports wagering in America. Casinos around the state are so spread out that online sports betting is a necessity for residents. There could be more than 30 online sports betting options when the dust settles.

Colorado is already home to some of the biggest sports betting apps with DraftKings, FanDuel, and FoxBet. Colorado will also be the first home outside of Nevada for popular sharp sportsbook operations Circa Sports and Westgate SuperBook.

Jay Kornegay, executive VP of operations for the SuperBook says “We can’t wait to get going with our Colorado partners at The Lodge. Coloradans should expect the SuperBook to be up and going by mid-July.”

The combination of big mobile sports betting brands and traditionally sharp sportsbooks with great odds could make Colorado one of the best states for online sports betting in the US.

Michigan online sports betting

Retail sports betting in Michigan started in March of 2020. Michigan’s online sports betting is expected to be operational this fall.

Large populations and a large number of local teams help boost sports betting revenue for different states. Michigan could jump high on the sports betting revenue list with a large city in Detroit, and numerous college and professional sports teams.

Online sports wagering in Michigan could very well be boosted particularly because of college sports. Fans of the University of Michigan and Michigan State can enjoy all the pre-game festivities and place a wager on the games without having to drive to a casino.

Michigan should have fair odds with a multitude of sports betting apps being available. PointsBet, FoxBet, playMGM, DraftKings Sportsbook and FanDuel Sportsbook will all operate in Michigan. There are a handful of other sports betting apps that are looking for a way into the state.

Illinois mobile sports betting

Thanks to the third-largest city in America, Chicago, sports betting in Illinois should be huge. In June, BetRivers became the first company to take online sports bets. More sports betting apps should be approved to operate in the future.

There are seven casinos in Illinois with licenses to operate sports betting:

  • Argosy Casino Alton
  • Grand Victoria Casino
  • Hollywood Casino Aurora
  • Hollywood Casino Joliet
  • Rivers Casino-Des Plaines
  • Casino Queen, Inc.
  • Par-A-Dice Hotel Casino

MGM Resorts owns Grand Victoria and BetMGM could be one of the next online sports wagering options for Illinois residents. Penn National Gaming owns a host of casinos and their Barstool Sportsbook app should launch by football season. DraftKings and FanDuel are both considering options to offer mobile sports betting in Illinois.

Virginia mobile sports betting

Virginia mobile sports betting should begin before the year is over. This will be a unique state for sports betting.

Michigan and Illinois have cities that are top 10 markets in the country. They’re also home to major professional or college teams. Virginia is a small state by comparison but is tucked in an area that could lead to a lot of sports betting activity.

The closest competition for online sports betting is Washington DC. The Gambet DC online sportsbook is run by the lottery and offers pretty bad odds. Bettors in DC looking for the best odds could make the quick trip to Virginia to place wagers online at better odds.

Virginia is also within driving distance of two states that do not yet have legal sports betting available. Sports bettors from Maryland and North Carolina could also consider making the trip to place wagers on their favorite teams.

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Marc Meltzer

Marc Meltzer grew up on the mean streets of the South Bronx. He's the rare combination of Yankees and Jets fan which explains his often contrarian point of view. Marc is a freelance writer and social media consultant. Writing about steak, booze, gambling and Las Vegas is a tough job but somebody has to do it.

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