As of March 11, North Carolina has officially legalized mobile betting, making it the 30th state in the U.S. The state has also laid out the welcome mat for eight online sportsbooks: Bet365, BetMGM, Caesars Sportsbook, DraftKings, ESPN BET, Fanatics, FanDuel, and Underdog.
Underdog is entering the sports betting market for the first time. This Brooklyn-based company was founded four years ago as a platform for fantasy sports. These sportsbooks are now accepting bets and have launched some attractive deals for people living in North Carolina.
North Carolina sportsbook list
The recent approval of HB 347 means North Carolina now hosts eight online sportsbooks. These started on March 11, 2024, bringing many high-quality U.S. mobile betting apps to the state. Now, let's explore the best sportsbook offers:
BetMGM
BetMGM North Carolina, another top choice for sportsbooks in N.C., operates in over 20 states. Its loyalty program, MGM Rewards, allows you to earn points from betting. Their current launch promo is to place a Bet of $5 and immediately get $150 in Bonus Bets.
Caesars
Caesars is a popular sportsbook in North Carolina. It has two legal sportsbooks in the state and offers great perks, such as NFL streams and a loyalty program for local casinos. You can bet $10 and get $250 in bonus bets if you're new.
ESPN BET
ESPN BET, a PENN Entertainment product, is now available in 17 states. The brand offers tempting offers for North Carolina residents, including betting $10 to receive $225 in bonus bets and a 200% deposit match of up to $500.
Bet365
As a big player in the online betting scene, Bet365 comes to North Carolina with a wealth of experience. It's suitable for both newcomers and experienced punters.
Bet365 is also known for its reliable customer service. In NC, their launch offer lets you wager $5 and receive $200 in bonus bets.
FanDuel
North Carolina locals are already familiar with the FanDuel sportsbook, known for its Daily Fantasy Sports, sponsored by Flutter Entertainment. It's available in many states and offers various bets on various sports, including live betting, making it a strong contender for the best North Carolina sportsbook. New users in North Carolina can get a $250 Bonus Bets offer when they Bet $5.
DraftKings
DraftKings has been a popular choice for DFS games in North Carolina for a while now. If you're over 21 and live in North Carolina, you can take advantage of their launch offer: Bet $5 and receive $250 in Bonus Bets instantly.
North Carolina's unique approach to sports betting
North Carolina stands out in the sports betting arena, unlike other states such as Vermont. It not only allows betting on in-state college games, which fuels the state's love for college sports, but it already has a history with in-person betting. North Carolina's unique financial model also imposes an 18% tax on gross gaming revenues from license holders, a rate higher than its neighboring states.
For example, Virginia's tax rate is 15%, while Tennessee's tax depends on the betting amount. Michigan has a rate of 8.4%, and Ohio recently raised theirs from 10% to 20%. North Carolina might tweak its tax rates within the first year to increase earnings.
March madness fuels North Carolina betting frenzy
Just in time for March Madness, North Carolina is alive with sports betting excitement. The state offers a range of platforms for eager fans thanks to new laws allowing mobile betting. This well-timed change has increased betting options and the thrill for one of college basketball's biggest tournaments.
It's an exciting time for North Carolina's betting scene, with many expecting a rise in interest and profits. Thriving betting platforms offer great deals that hint towards a successful future, and with the NCAA tournament on its way, the excitement is ever-growing.
