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Kentucky was among the more recent states to begin regulating sports betting. This does not mean that local bookmakers can't prosper. Quite the contrary. There are plenty of reasons why a gambler would prefer a local bookie over a regulated website.
Regulated Sportsbooks in the Commonwealth of Kentucky
- bet365
- BetMGM
- FanDuel
- DraftKings
- ESPN Bet
- Fanatics
- Circa
- Caesars
Benefits of Using a Local Bookie in Kentucky vs. Regulated
- Ability to bet with a credit line as opposed to making a deposit
- Higher limits
- Anonymity
- Bookies do not report your winnings or require your personal information such as a social security number
- Ability to bet on novelty and entertainment props as well as political wagers at some local bookie businesses
- Online casino offered
- Full racebook as part of one account
- Often more flexible
While local bookmakers will not report your winnings to the IRS or state, it is important that gamblers keep accurate records and filing taxes accordingly. Companies like FanDuel and DraftKings withhold 6%. Additionally, a federal tax of 25% is tacked onto winnings in excess of $5,000 that the gambler is responsible for reporting.
Features of a Pay Per Head Service
The pay per head will charge as low as $3 per player per week. For that price, bookies and agents receive the following:
- VIP Live Betting - AcePerHead.com offers more than 100 live betting options per game, and a live TV feature so players can watch and bet
- Fully Mobile - Important since 80% or more of your gamblers will be betting via their mobile devices.
- Custom Prop Builder
- Fully Staffed Experienced Oddsmakers - AcePerHead.com has some of the sharpest lines in the industry, but because only you know your players' particular tendencies, there is full access to move your lines as a way of staying ahead.
- Real Time Wager Alerts
- Secure Settings
- Customized Website
- Live Dealer Casino
- Full Racebook - Features all major tracks tied to a single betting account.
Plenty More Features
- VIG Discount
- Line Mover
- Bet Ticker
- Pending Wagers
- Graded Wagers
- Buy Points Adjust Price
- Manage Player Limits
- Create Players
- Move Players
- Player Messages
- Mobile First
- Agents Manager
- Props Admin
- Ip Tracker
- Max Money Line for Odds
- Free Plays
- Global Team Limits
- Racebook Max Bets and Payouts
- Change Limits by Sport
- Max Underdog-Favorite Odds
- Max Casino Limits
- Max Parlay Payout
- Manage Free Half Point
- Delete Bets
- Game Scores
- Sports or Leagues Allow
- Add Payment Methods
- SMS Bet Alerts
- Self-Help Cashier
- 27/7 Text Support
Football and Basketball
- Kentucky Wildcats - The Wildcats made headlines in 2024 with an upset over Ole Miss and a near upset win versus mighty Georgia, falling short 13-12.
- Louisville Cardinals - The Cardinals were playing decent in 2024 with the potential to be bowl qualifying. Against stiffer competition like SMU and Notre Dame, they fell short however.
- Western Kentucky Hilltoppers - The Hilltoppers were holding their own this season. They were coming into their Week 8 game against Sam Houston owning a 4-2 record.
Of course, the sports betting frenzy doesn't end in the commonwealth with the conclusion of football. Basketball is even more popular here with both the Cardinals and Wildcats among the historically best teams in that sport.
In 2025, Kentucky will enter the season at 35-1 odds of winning the NCAA Men's College Basketball Championship while Louisville came in at 100-1 odds.
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