How Do I Start a Sportsbook From Oregon?
Oregon is a great state to be a bookie. There is plenty of exposure to sports betting with a single app available in the state. But there is no wagering on college games.
How to Start Your Online Mobile Sportsbook in Oregon
For a nominal fee per week, per customer, you will get a customized website for your players, 24/7 customer service (online and by phone), full odds service, live in-play wagering, betting on most international sports, full reporting, an online casino, a horse book and much more. PowerPayPerHead is currently running a FREE 8 WEEKS promo.
There are no upfront costs such as the purchase of the software, etc... Also no need to hire anyone other than the recommended accountant and perhaps an assistant. Remember, you will be spending most of your time on the beach.
Is Sports Betting Regulated in Oregon?
Yes. But the only website is DraftKings and there is no betting on any college games. The DraftKings app is certainly an improvement over the prior app run by the state lottery.
It's interesting to note that Oregon was among a handful of US states that were allowed to offer sports betting prior to the US Supreme Court abolishing prior prohibition. Oregon was grandfathered in prior to that anti-sports gambling law going into place. The state's lottery did little to capitalize however.
To use the DraftKings app, one must be at least 21.
The Oregon Lottery withholds 8% of all sports bet winnings over $1,500. Federal tax withheld is 25%.
Benefits of Betting With a Local vs. Regulated Sportsbook in Oregon
Local bookies provide anonymity, wagering on credit and typically accept customers 18 and up. They also do not require extensive paperwork. Pay per head businesses like Power Pay Per Head also provide wagering on many events and options not available at regulated books. They also feature an online casino and racebook. Local bookies do not report your winnings to the IRS (you still need to file your taxes).
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Safeguards
Never accept customers you have not fully screened beforehand. You should either be familiar with your customers or they should contain references. A pay per head has eliminated a number of elements of the bookmaking business once deemed to be illegal such as the operation of a wire room and the settlement of payments/collections via cash. For example, bets are placed over a secure website with servers outside the United States. Bets by phone are strongly discouraged.
Pay per heads like AcePerHead also offer money transactions via Bitcoin and other cryptocurrencies that take place via the website.
Take That Extra Step:
- Do not take bets over the phone.
- Avoid taking on customers who reside outside your state.
- Know your customers and check referrals.
- Do not engage with individuals involved in any type of criminal activities.
- Use cryptocurrencies, including Bitcoin Tumblers provided by AcePerHead, for secure anonymous transactions.
- Keep your customers information private.
- Always file your taxes.
Today's pay per head businesses are regular sponsors on your favorite search engines so they enjoy maximum exposure, but not all pay per head businesses are the same. Power Pay Per Head is one of the most established in the industry.
Avoid those services that only offer the software for super cheap and nothing else.
Oregon Team Report (Updated April 1, 2023)
Ducks Football - Oregon is all about college football and the Ducks tend to dominate over the Beavers. But that other team is starting to gain some momentum of late.
The Ducks pay $3000 for every $100 bet should they go on to win the 2024 College Football Playoff Championship.
They went 9-3 last season straight up. They went 8-4 ATS.
Beavers Football - The Beavers odds were all over the place early on. They are expected to be a decent enough team after going 9-3 just like the Ducks. The Beaves were brutal to the books last season, going 10-2 Against The Spread.
- Ean Lamb, Gambling911.com