Montana Betting Laws & Guide

After a long wait, Montana finally legalized sports betting. Everyone of legal age can now wager on their favorite sports without any issue. Sports betting was legalized in May 2019 but became fully operational in March 2020. This was after the then Governor, Steve Bullock, signed a legal bill H275 into law.

Is Sports Betting Legal in Montana?

Yes. Sports betting is now legal in Montana. It was officially launched via the Montana Lottery in March 2020, just before major US sports activities shut down due to the Covid-19 pandemic. The legalization brought huge interest from big-name sportsbooks where ardent bettors can now place their wages.

What Betting Sites are Legal in Montana?

When Montana legalized sports betting, they gave Intralot the baton as the lead supplier. Intralot authorized various sports betting providers where people can bet at. Besides these sites, they can also directly bet via SportsBet Montana. Here are a few of the best sites available in Montana.

BetOnline

The site stands out as the best Montana sports betting platform. It is packed with hundreds of markets and sports that sports betting lovers can bet on. Whether you love basketball, baseball, soccer, or martial arts, you can find something at BetOnline.

XBet

XBet offers bettors a conducive environment for betting on futures. Bettors get to wager on the NFL winners, and the World Series champions, among other exciting categories. What's more? The site seems to have a keen interest in in-play betting, which allows bettors to wager on live games.

MyBookie

Besides offering bettors a chance to wager on their favorite sports, MyBookie also gives them actionable tips and news to fuel their betting experience. Bettors can access the sportsbook via a URL browser or mobile app. Most bettors love the site for its generous range of betting lines.

BetUS

This is the best online sports betting site in Montana for bonuses. It is renowned for its huge bonuses and comprehensive sports coverage. Whether you want to bet on soccer, NBA, MLB, tennis, or cycling, you can find your home at BetUS. It prides itself in having a last-minute bets feature and an interactive mobile app.

Bovada

Bovada has extensive coverage of sports betting markets, including niche sports such as snooker. It is loved for its bet customizing feature and the prop builder function. With a superb mobile app and live streaming services, bettors can wager on their favorite sports on the move.

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Montana Sports Betting Rules and Regulations

Sports bettors in Montana are only allowed to place wagers when they are physically present at authorized retailers. The list of authorized retailers and licensed bookies lies with Intralot. It is also worth noting that Montana law allows gambling and sports betting at any establishment with a liquor license.

The state also imposed a cap for wagers which is $250 for kiosks and $1000 for online sports betting websites. For one to wager on their preferred sports, they must have attained the legal age in Montana.

Best Mobile Sportsbooks Available in Montana

With the legalization of sports betting in Montana, most offshore sportsbooks also opened their doors for Montana bettors. This is because the state does not prevent them from accessing these sportsbooks. Here are some of the best.

• BetOnline: The site ranks top for basketball betting, NBA.

• XBet: This is a top-rated bookie with the best odds in Montana.

• MyBookie: Most bettors voted it the best sportsbook in Montana for 2022.

• BetUS: The sportsbook offers bettors the best mobile betting experience.

• Bovada: The site emerges as the best live streaming sportsbook in Montana

• Sportbetting.ag: Bettors love this site's huge range of sports and betting markets.

Montana Sports Betting Promos

BetOnline Welcome Bonus

The sportsbook offers a 50% up to $1000 first-time bonus for all its new customers. Checking through the website, the existing bettors also stand to win big by using the available promotions and bonuses.

XBet First Deposit Bonus

Besides its competitive odds, the sportsbook offers many ongoing promotions and a welcome bonus. New customers are eligible for a first deposit bonus of 100% up to $500.

MyBookie Welcome Bonus

While the bookie has tens of generous bonuses and promotions, MyBookie allows new bettors to get a free bet of up to 100% on a deposit of not less than $200. The existing bettors can take advantage of the available deals, such as a cashback bonus of up to $200 and an 8% horse rebate offer.

BetUS Welcome Bonus

For its new customers, BetUS offers a 200% for cryptocurrency deposits. The loyal and existing bettors can claim up to a 100% crypto bonus and a 20% cash back bonus. Like most sportsbooks, the promotions change from time to time.

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What are the Sports to bet on in Montana?

Sportsbooks in Montana now offer hundreds of sports that bettors can wager on. Here are some sports you will find in almost any bookie in Montana.

• Baseball

• Basketball

• Football

• Boxing

• Cricket

• Cycling

• Golf

• Hockey

• Horse Racing

• Motorsports

• Rugby

• Soccer

• Tennis

Montana Sports Betting Tips

Know the Basic Odds

Before you even think about placing a bet, you need to have a good idea of what the odds are for your team. If you're familiar with the terms used, you should be able to figure out what the Moneyline is and make your calculations.

Know What You Are Doing

Although it might seem like a bit of a risk, to begin with, sports betting can be very rewarding if you know what you're doing. There are some important tips and advice to consider to give you the best chance of success.

Avoid betting on what you want to happen and go with what you think will happen. Betting on your favorite team to win is all well and good, but that doesn’t mean they will. If your favorite team is an underdog, consider why that might be before betting money on them.

Consider the odds offered carefully. Determining if the risk matches the reward can be a tricky business. Before you place your bet think about how likely it is to come in and if that is reflected by the odds.

If you don’t know much about the teams, do a little research into their form and the statistics from their previous matches. This is always a sound strategy even if you follow the sport, you often learn something that you can see to your advantage. This is one of the most important strategies for success.

Don’t bet money you can’t afford to lose. While bettors are confident in their wagers, there is always the chance they don’t come in. In a similar manner, avoid putting large sums on events you aren’t familiar with just because they are in play. The temptation can be to bet on the events that are live, regardless of what they are. This is a trap people commonly fall into. It’s very important to go with what you know, what you’ve researched, or what the experts are saying.

If you are on a losing streak, take a short break. A common mistake is doubling down during a bad run and putting more money on long odds. This only increases the bad run. Choosing your bets carefully is one of the keys to success.

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Montana Sports Betting Tax Rates

Like most states, tax rates are built to get a state enough revenue to deem sports betting worth it. In Montana, the lottery collects revenue minus expenses.

As stipulated in the enrolled bill SB 330, Montana shall collect 8.5% of the operator's adjusted gross sports betting receipts from each licensed sportsbook operator. There is also an annual fee of %100 for every kiosk placed with a gambling operator.

In Montana, the betting tax is paid at equal rates as the Montana income tax. As such, the more you earn annually from sports betting, the more you pay taxes.

Is DraftKings Sports Betting Legal in Montana?

DraftKings does not offer sports betting in Montana. However, while it is barred in the state, ardent bettors still find access via virtual private networks.

Is FanDuel Sports Betting Legal in Montana?

FanDuel sports betting is not available to residents in Montana. While sports betting is legal in the city, FanDuel has a company policy regarding the banned states. As such, it is not a legal determination by Montana.

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Montana Sports Teams

Montana does not have any major league professional sports teams. According to reports, it is among the 24 U.S.A states that do not have any teams in sports leagues such as soccer, baseball, hockey, basketball, and football. Nevertheless, there are a few minor-league teams in the state. They include:

• Great Falls Americans (Hockey)

• Bozeman Icedogs (Hockey)

• Helena Bighorns (Hockey)

Latest Montana Sports Betting News

• 2019: Governor Steve Bullock signed the HB725 bill into law and made sports betting legal in Montana.

• 2020: Sports betting in Montana went live in more than 100 locations under the Sports Bet Montana umbrella.

• 2022: Montana boasts more than 300 physical retail locations where bettors can wager on their favorite sports.