Oklahoma Online Sports Betting
Much of the introduction of Gambling Laws in Oklahoma has involved the resettlement of Indian tribes from the States directly east of the Sooner State. It is the descendants of the resettled tribes that operate more than 110 Tribal Casinos. Overseen by the State’s Gaming Compliance Unit, the Tribal Casinos spoil Oklahomans for gambling choice, supply thousands of jobs and pump hundreds of millions into the state’s economy.
See the below table for the state’s take on betting on sports, online gambling laws etc
|Gambling Type||Legal Land-Based||Legal Online|
|Fantasy Sports (DFS)||N/A||Yes|
Oklahoma Gambling Tax Rate
There is a 4% tax on gambling winnings.
Large wins may attract Federal taxes.
Legal gambling age in Oklahoma
Oklahoma Sports Betting
Sports Betting Laws in Oklahoma are tied to developments at the Federal level of government. The odds for introducing Oklahoma Sports Betting changed dramatically in May 2018 when the U.S. Supreme Court of 2018 found against the generation-long Federal nationwide ban of sports betting. Every state was then legally granted to right to choose for themselves if they wish to offer their citizens legal sports betting or not.
Sports Betting in Oklahoma
Given that the change in Federal Laws, Oklahoma’s lawmakers are now free to adopt their sports betting legalization law. House Bill 3375 was originally proposed in February of 2018 (when introduced, it was proposed bill that can only take effect if federal laws are changed to allow individual states to legalize and regulate sports betting, as of course, eventually occurred).
House Bill 3375 has sought to legalize sports betting, craps and roulette at Oklahoma’s tribal casinos. However, what has made HB 3375 unique is that it does not call for traditional sports betting. Instead, HB 3375 calls for ‘pools betting’.
Under this proposed law, the games must be “pooled.” Bettors would be playing against each other for a pot, like in poker or an office pool. Payouts would come from that pool, less a cut for the tribal casino ‘house’, much in the same way as horse racing betting works.
A vote by Oklahoma’s lawmakers on HB 3375 should take place later in early 2019 and legal Oklahoma sports betting should begin shortly thereafter, given a successful vote. Republican House Majority Floor Leader Jon Echols said he expects to consider a framework when the Legislature returns in February 2019.
In the meantime, Oklahoma’s residents and visitors can enjoy the sports betting options of DFS and horse and greyhound racing.
Sports Betting Online
Despite several efforts to brings online gambling to Oklahoma by the Tribal Casinos (who back in 2013 even invested millions of dollars in developing online betting sites). The Tribal Casino’s move to introduce online casinos did not bear fruit, and consequently, online sports betting is currently not covered under Oklahoman state law.
As is the norm in many States of the Union, the broad wording of the Oklahoman State Statutes, Section §21-942 is considered broad sweeping enough to cover online gambling (both online sports betting and online casino play) as illegal. That situation should change when the State Legislature adopts laws covering legalized sports betting.
As mentioned above, DFS and online betting on horse and greyhound racing are both legal ways for the online sports bettor to wager in Oklahoma until the time that full sports betting is legalized in the state.
Casinos in Oklahoma
Being the state with the highest percentage of Native Americans in its population, it’s hardly surprising that Oklahoma’s casino gambling scene is dominated by the state’s 110-plus Tribal Casinos.
Oklahoma’s Land-based Casinos
Without exception, all casinos in Oklahoma must be located on Native American tribal lands. Some are backed by major casino corporations; however, the majority of Oklahoma’s casinos are managed by the tribes. Oklahoma casino gambling is perhaps defined by of the lack of gambling in their near neighbor, Texas. It’s hardly surprising that dozens of Native American casinos are located right on the Oklahoma-Texas state line.
Oklahoma casinos offer real money Three Card Poker, Baccarat, blackjack, Ultimate Texas Hold’em, and Pai Gow Poker. Antes may be required on these games to create player pools required by the state. Slot games, video poker, and live poker are also among the other available casino games on offer at Oklahoma’s wide network of casinos.
Online Casinos in Oklahoma
Online gambling in Oklahoma is limited to horse and greyhound racing and DFS. Accordingly, for the time being, gambling online at online casinos is implicitly illegal in Oklahoma.
Therefore, in the interim, potential online players in Oklahoma should avoid playing both off-shore and U.S. based online casinos and not risk criminal charges.
Horse Racing Betting in Oklahoma
Passed in 1983, the Oklahoma Horse Racing Act allowed for legal betting on horse racing. In 2004, a referendum was passed to allow racetracks to add casino-style gaming to effectively become ‘racinos’.
The Oklahoma Horse Racing Commission oversees the industry and is responsible for licensing of the state racetracks, approving racing events, animal welfare, simulcasting and track management.
Track Side: There are 3 Horse Racing tracks offering betting on live racing (usually on weekends) and simulcast betting during the week.
Off-Track Betting (OTB): The state of Oklahoma currently offers a vast network of OTB locations, and occasionally OTB’s are open for service (under state license) at county fairs.
Online Betting on Horse Racing in Oklahoma: Most online horse racing betting sites operating in the United States accept customers from the Sooner State of Oklahoma and offer real money betting action on all the big U.S. races (the Preakness Stakes and the rest of the Triple Crown, Arkansas Derby, Kentucky Derby etc.) and most popular international horse racing venues.
Oklahoma’s Daily Fantasy Sports Laws
U.S. Federal Law legalizes Daily Fantasy Sports (DFS) competitions as they are considered to be a contest of player skill, rather than a gambling game of chance. Many state governments have taken the Federal ruling onboard and have ruled DFS to be legalized too at the state level.
Oklahoma, so far however, is an exception to the rule. In 2016, the Tribal Casinos came out against DFS in Oklahoma claiming DFS competitions eat into their bottom line, and the DFS contests break the revenue-sharing agreement between the Tribal Casinos and the state.
For the meantime, however, all major DFS companies are able to accept players from Oklahoma in their real money DFS competitions under the current status quo.
What exactly is DFS?
While many of Oklahoma’s residents are currently playing DFS on a regular basis, many more may not be certain what a DFS competition really is. That’s not unusual across the United States, as many are not aware how a DFS competition is conducted.
A DFS competition is a totally original version of sports betting that has little to do with the old traditional win/loss sports bet or wager. When playing a DFS competition, a pseudo ‘salary cap’ is allocated for your ‘team’, which you use to ‘spend’ on ‘purchasing players’ for your DFS team.
The sports stars in each associated real-world league (NHL, MLB, NBA, NFL and college football and basketball among others) are priced according to their authentic real-world performances and career statistics (similar to transfer fees in the real-sports world).
For example, a superstar point guard like Russell Westbrook of the Oklahoma Thunder, could cost as much as 30% of your NBA DFS team budget with still 8 places remaining to fill.
‘Paying’ for Westbrook could potentially leave a DFS contestant with much less money to spend on other quality players for their fantasy team. Cheaper consistently performing team players are the favourites of the best DFS contestants and usually feature in the highest scoring teams.
In an NBA DFS league, participants may select a new fantasy NBA team every day or allotted time period: spending from their budget on point guards, centers, power forwards, swingmen etc. Points are accumulated based the performances of the players in the real-world games.
Weekly, daily or even season-long DFS competition winners can possibly receive as much as $1 million per competition, per major league paid out from the prize pools made up from all the player’s minimal entry fees.
Poker Laws in Oklahoma
A huge choice of legal Live Poker options (more than 210 tables across the state) exist in Oklahoma’s Tribal Casino network. Poker game options include; No Limit Hold’em, Limit Hold’em, Texas Hold’em, No Limit Texas Hold’em, 7 Card Stud, Omaha, Pot Limit Omaha, Crazy Pineapple, Stud, and Omaha Hi-Lo.
Social or ‘home’ poker games are not carved out as legal under Oklahoman law and therefore are deemed technically illegal.
Online Poker Laws in Oklahoma
Online Poker is a still unavailable for online players currently in Oklahoma, however, the online poker topic has not been ruled by the state’s legislators as untenable. Part of the answer lies in how the state’s legislators’ approach online gambling with their future solutions to the overcoming the revenue-sharing issue with the tribes in the state of Oklahoma.
Meanwhile, online players in Ohio are encouraged to keep online gambling activities to LEGAL online games (i.e. Currently – DFS, Games of Skill and Horse and Greyhound Racing). Online players in the Sooner State should not play U.S. based online casinos, or off-shore sites, until the State’s lawmakers pass appropriate online gambling laws.
eSports Betting in Oklahoma
Given the approaching legality of sports betting for citizens of Oklahoma, legalized eSports betting should transform betting in the Sooner State. Players will win exciting eSports wagers in profoundly new ways through betting markets never before experienced and thereby create a potentially record-setting new tax revenue streams for the State Government of Oklahoma.
What are ‘eSports’?
Since the very first days of video games, there’s always been a competitive side to the games and players have always tried to better their colleagues.
Fast forward to the present day and professional video game play at the top level, (i.e. eSports) has led to massive wagering on the outcomes of the global tournaments.
eSports is now a massive and growing industry, where professionals play an official network of gaming tournaments, competing in games like Rocket League, Starcraft II, FIFA 18/19 and Fortnite). With its ancestry in groups of close friends hosting all-niter LAN parties just a few short years ago, the eSports industry shows no signs of slowing down. The global eSports market is expected to cross the $1 billion per annum barrier in 2018/19 and with every tournament, entrance tickets become more difficult to come by.
Naturally, there is big money on offer, and where there is big money, sportsbooks are not far behind. Global sportsbooks now offer betting markets across all the big eSports tournaments.
Expect to see eSports betting in Oklahoma at your favorite legalized Sooner State sportsbook soon.
Benefits of Legal Gambling to Oklahoma
- Oklahoma’s massive casino industry employs more than 30 000 people, with annual wages of almost $1 billion, health and dental care, life insurance and retirement plans.
- More than 40% of casino employees in Oklahoma are women and 60% of casino workers are not tribal members.
- The majority of casino employment in Oklahoma are in areas outside Oklahoma City or Tulsa, thereby providing much needed employment in regional areas.
- Gambling makes up around 2.5% of the overall Oklahoma economy, with tribal gaming exceeding $4 billion in revenue and approximately 40% of that money comes in from outside Oklahoma’s border.
Gambling History in Oklahoma
1916; All forms of gambling prohibited.
1983; The Oklahoma Horse Racing Act allows for legal betting on horse racing.
1987; Choctaw Indians first host bingo games on their land.
2004; Tribal Casinos approved.
2005; Oklahoma State Lottery created.
2013; Tribal Casinos attempts to introduce online casino fails.
2018-19?; Sports Betting legalized after debating House Bill 3375 in the Oklahoma State Legislature?