Is Circa Sports a Reputable App to Use in Kentucky?
The Circa Sports app comes courtesy of the fine folks behind Circa Sports in Las Vegas. They are among the most respected betting firms and come highly recommended by the pros thanks to their willingness to take all sizes of wagers. Circa Sports hosts the Circa Survivor and Circa Million V during each football season, which last year awarded a record-breaking $15.2 million. You can trust our recommendation here as Gambling911.com has been covering the sports betting industry now for over 25 years and prides itself on being one of the top industry watchdog sites in the world.
Circa Sports App Kentucky
Circa Sports claims to be the "world's largest sportsbook".
"We are excited to announce that the Circa | Sports® Kentucky mobile app officially launched on April 1, 2024. This the fifth state that the Circa | Sports mobile app has gone live in, with this being the first state where individuals who are ages 18 and over are able to open an account."
Want to bet in person? Circa Sports offers a retail counter slated to open soon at Kentucky Downs in Franklin, Kentucky.
"The Circa | Sports sportsbook offers high betting limits, tight moneyline splits and exceptional customer service, providing customers with a unique sports betting experience."
“We are thrilled to launch Circa Sports in the great state of Kentucky,” Circa CEO Derek Stevens said in a statement immediately following the highly anticipated launch well ahead of the 2024 football season. “We’ve always had our sights set here as we know it is a major hub for college sports, horse racing, and more. We are looking forward to providing Kentucky bettors with some of the best odds and expertise out there.”
Gambling911.com loves that Circa Sports does its own thing and is not run by a bunch of lawyers, as are most of the U.S. regulated books with a few exceptions. Circa Sports hosts the uber popular sports betting networking event BetBash and those in Kentucky are welcome to register.
Signups are now open for our #CircaSportsMillion and #CircaSurvivor football contests!
— Circa Sports (@CircaSports) May 24, 2024
Visit any of our 6 Nevada locations to register. https://t.co/qSuwxnecBf https://t.co/SKRWIt5GFV
Kentucky Sports Betting By the Numbers
The seven retail sportsbooks and eight sports betting apps combined to generate $624.9 million in handle. Nearly $2 billion worth of wagers were made the first nine months of regulated betting Kentucky.
Despite the Kentucky Wildcats being upset in the first round of the NCAA Tournament by Oakland, the hold for March was only 8.6%. They regrouped with a vengeance in April, posting a 12.4% win rate, and followed that with a 12.9% hold for May.
The commonwealth collected $9.2 million in taxes.
Kentucky Current Sports Betting Market
The legal age to bet online and in person is 18, which is somewhat unique to a U.S.-regulated market that mostly allows those 21 and up to gamble. Opening an online betting account can be done from one's own home via a licensed website's registration page.
The sites regulated by the state are: Circa Sports, BetMGM, DraftKings, ESPN Bet, FanDuel, Caesars, DraftKings, Bet365 and Fanatics.
Kentucky Gambling Tax Rules
Kentucky's sports betting legislation states that all gambling winnings are subject to income tax withholding at a rate of 6%. Additionally, a federal tax of 25% is tacked onto winnings in excess of $5,000.
What You Can't Bet in Kentucky as of July 2024
Entertainment betting and politics.
Kentucky is also pondering the idea of prohibiting college player prop bets, which would likely negatively impact regulated sports betting apps to a certin extent as Kentucky is one of the biggest college basketball states in the nation. As of July 2024, this was yet to come to fruition.
“The request remains under review,” Travers Manley, interim general counsel for the regulator, said in an email to Covers. “There is not a specific date by which the KHRGC will issue a decision.”
Can I Play on Internet Casinos in Kentucky?
Kentucky does not currently regulate online casino sites.
Can I Play Online Poker in Kentucky?
Poker is only available via internationally licensed websites like ACR Poker.
Pros and Cons of Gambling in North Carolina
The commonwealth features few limitations to those seeking to place bets on the regulated apps here. The 18 and up allowance is a tremendous plus.
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