Gambling Minnesota

Gambling winnings are subject to federal and Minnesota income taxes. This includes winnings from the Minnesota State Lottery and other lotteries. You’re responsible to report and pay income tax on all prizes and winnings, even if you did not receive a federal Form W-2G. How much of my winnings are taxable in Minnesota? #1 of 1 Casinos & Gambling in Hinckley “ They have a large non smoking area, exquisite dining, and all kinds of stuff for the kids and family to do 5star. “ This is the most relaxing and enjoyable casino in Minnesota. Minnesota has laws against state based gambling, but there is nothing in the state’s statutes that prevent residents from placing bets with offshore sportsbooks. The sportsbooks listed in this guide are legally sanctioned and are outside the jurisdiction of US federal law, meaning that Minnesota residents aren’t in violation of any laws.

Minnesota has a thriving gambling market, with billions of dollars wagered on a wide range of options every year. The Land of 10,000 Lakes now has its sights set on sports betting, which became federally legal and has already been legalized in more than a dozen states.

So, what is taking the lawmakers so long to finalize the paperwork necessary to launch a sports betting industry? The truth is that the process is complex and has become quite complicated, thanks to substantial opposition from several parties. However, there may still be some light at the end of the tunnel. Here is everything you need to know about a likely sports betting industry in Minnesota.

The State of Sports Betting in Minnesota

There is both support for and opposition against sports betting in Minnesota. On one hand, a section of lawmakers are actively working on legalizing sports betting across the state. On the other hand, there is substantial opposition from several parties, and most notably from the Indian Tribes in the state.

There have been two House bills proposed to legalize sports betting in Minnesota. The first was House bill HF 1278 by Rep. Pat Garofalo, which was introduced last year. The bill took into consideration many of the Indian Tribes’ concerns, but it still didn’t get their approval. The bill appears to have stalled.

The second bill that is currently under discussion is bill SF 1894 by Sen. Roger Chamberlain. This bill was also filed last year, and the Indian Tribes opposed it, too. Sen. Chamberlain later proposed amendments that would better address the Tribes concerns. The proposed amendments include:

• Requiring sports bettors to register in-person for mobile-based sports wagering. In-person registration would be done at the casinos or racetracks.
• Clarifying that state sports betting law pre-empts local sports betting and gambling laws.
• Allowing each sports betting operator the option of offering up to two individually-branded sports betting platforms, including mobile sports betting apps for each platform.
• Expediting the process of setting up sports betting applicants either summarily or as an emergency.

These amendments are still under discussion, but there is little hope that the Indian Tribes will change their stance. The opposition stems from the Minnesota Indian Gaming Association (MIGA), which is worried that introducing sports betting will disproportionately affect their brick-and-mortar casinos.

John McCarthy, the Executive Director of MIGA, submitted a written testimony reiterating the Indian Tribes’ stance, saying, “Minnesota tribes remain concerned that a legal sports betting market could have negative consequences to the state’s delicate gaming industry.” As it stands now, the tribes have asked that the bill stalls until the state studies the effects of legalizing sports betting in other states.

A Thriving Market for Offshore Sports Betting

Sports betting enthusiasts in Minnesota will have to wait a bit longer for the state to legalize sports betting. However, this doesn’t mean that they still cannot wager on their favorite teams and games. The truth is that sports betting has been going on all this time, thanks to offshore sports betting sites.

The law in Minnesota doesn’t say anything about betting through offshore sites. Most importantly, it doesn’t outlaw it – and neither does it allow it. As such, anyone can bet on an offshore sportsbook.

Minnesotans have a wide range of offshore sportsbooks to choose from – as many as there are on the internet. However, it is recommendable to limit your options to reputable brands, and most preferably those already operating in other states where sports betting is legal. This is because many offshore sportsbooks are unscrupulous and will unfairly deny you your winnings – some will even go as far as exploiting your private details, such as your banking information.

Offshore sportsbooks are not bound by the country’s laws on gambling. To this end, many offer a robust range of sports betting options, including games by teams from all over the world. The standard range of sports categories on most of these sportsbooks includes:

These categories also cover all of America’s favorite sports leagues, including the NFL, NBA, NHL, NASCAR, WNBA, and a wide range of collegiate leagues and games. The betting options under each game and category as also diverse, including totals, overs, under, money lines, propositions, in-game bets, and more.

Other Forms of Legal Gambling in Minnesota

Sports betting may still be illegal in Minnesota, but the state has one of the biggest gambling markets in the country. Legal gambling options include:

Casino Gambling

There are 19 Indian Tribal casinos in Minnesota. Most of these are located in the North while the rest are distributed across the central and southern regions of the state. They all offer a wide range of casino games, including thousands of slot games and all variations of table games, including cards, dive, and balls.

The largest casino in Minnesota is Mystic Lake Casino Hotel, which offers more than 100 tables and 4,000 slot machines. The legal age for gambling at a casino is at least 18 years old.

Poker

Online Gambling Minnesota

Poker is one of the most popular gambling options across Minnesota. Poker games are offered at multiple designated gambling facilities, including casinos, racetracks, at charity events, and socially through private tournaments.

Racing

Horse and dog racing are also fair play in Minnesota’s gambling industry. However, there are only two tracks in the state: Canterbury Park (located in Shakopee), and Running Aces (located in Columbus). It is also worth noting that there is a strict ban on off-track racing.

Lottery

Lottery is one of the biggest and most popular forms of gambling in the state with an annual revenue of more than $500 million. The law allows for several lottery options, including Mega Millions and Powerball.

Charitable Gambling

Minnesota has one of the friendliest and most robust outlooks on charitable gambling. The state relies on this practice to raise money for charitable causes – charitable gambling raised as much as $1.5 billion in 2016 alone, according to a report in the Star Tribune. Some of the events allowed under charitable gambling include lottery, bingo, raffles, pull-tabs, and a wide range of casino games.

Social Gambling

Gambling amongst family and friends is not a crime, but the law regulating it is very strict. For example, social gambling is restricted to a range of skill-based games, and the law restricts the host from profiting in any way.

FAQ

There is no definite schedule or date for when sports betting will become legal in Minnesota. The timeline will depend on the discussions between the Indian Tribes and pro-sports betting groups. However, the outlook is generally optimistic!

No, it is unlikely that you will get into trouble for betting on an offshore sportsbook but we do not recommend it. We advise you to choose legal betting options that are legal and regulated. By doing so you make sure you gamble in a secure and safe environment.

The minimum age for gambling in Minnesota is 18 years old. However, minors can engage in some of the less-pronounced forms of gambling, such as social and charitable gambling.

One of the northernmost Midwest states, Minnesota, or “The Land Of 10,000 Lakes,” comes in as the 12th largest state in the country and 21st in terms of population. Minnesota residents are also sports fans, hosting 3 major professional sports teams. What’s better than watching your Vikings on Sundays with an ice-cold pop? Making money off of your Vikings, of course! Minnesota residents are able to place bets on the Vikings, or any other team, using one of the online sportsbooks suggested in this guide. Sports betting can be a touchy subject, so it’s important to be aware of the rules and regulations on sports betting so you can be sure to bet safely. This guide will not only educate you on those regulations but also give you recommendations for the best sportsbooks available to Minnesota residents.

Top Rated Minnesota Online Sportsbooks

Is Sportsbook Gambling Legal in Minnesota?

At this time, state based sports gambling is not legal in Minnesota either online or offline. The state is under no obligation to create legislation to enforce this because the US federal gambling laws that govern sports betting in the US already prohibit this form of betting entertainment. Thankfully, the buck does not stop there. There are not any relevant state or federal gambling laws that make it illegal for Minnesota residents to enjoy legally sanctioned online sports betting as long as they are betting at licensed and regulated destinations that are located outside of the United States and within an respected governing jurisdiction. You will not be breaking any US laws by betting at offshore sportsbooks that are operating legally within the industry.
Most Reputable Minnesota Online Sportsbooks

After careful research, the sportsbooks you see below are the ones we recomend for Minnesota residents. These sportsbooks have been vetted by our team and have met the standards for security, reliability, credibility, and legitimacy. These sports betting destinations have the legal licensing and certifications necessary to operate and they are US-bettor friendly. They have speedy, reliable payouts that are friendly with US banks and ensure safe and legal transactions.

How State and Federal Laws Regulate Sports Betting in Minnesota

The Professional and Amateur Sports Protection Act (PASPA) bars 46 states—including Minnesota—from allowing state based sports betting businesses to operate within their borders. The law was enacted in 1992 to curtail the expansion of state regulated sports betting entertainment in the US. The law is currently being challenged by New Jersey, however effectively prohibits US based brick and mortar sportsbooks from doing business in most of the US, with the exception of Nevada, Montana, Oregon and Delaware.

The Federal Wire Act prevents placing bets online with US-based sportsbooks. The Unlawful Internet Gambling Enforcement Act (UIGEA) regulates banks and other financial institutions in regards to processing transactions from Internet gambling. Minnesota has no state laws that address placing bets with offshore sportsbooks.

Minnesota Gambling Control Board Forms

These federal laws only pertain to US-based sports betting sites as well. Minnesota has laws against state based gambling, but there is nothing in the state’s statutes that prevent residents from placing bets with offshore sportsbooks. The sportsbooks listed in this guide are legally sanctioned and are outside the jurisdiction of US federal law, meaning that Minnesota residents aren’t in violation of any laws by using them.
Popular Sports Teams To Bet On In Minnesota

The Minnesota Vikings are one of the league’s more memorable teams (Brett Favre days), but they look promising under new QB Sam Bradford. The Minnesota Twins make up the state’s MLB presence, but that season has yet to start. The Minnesota Timberwolves are a Western Conference NBA team and a local fan favorite.

NFL Teams in MN

Minnesota Vikings

NBA Teams in MN

Minnesota Timberwolves

MLB Teams in MN

Minnesota Twins

FAQs About Betting On Sports

Can I Bet On Multiple Teams?

Yes. You can bet on as many teams as you want. You can either place individual bets on your favorite local teams, or any other teams for that matter, or you can do a parlay bet. Parlay bets are bets on a series of outcomes where the bettor has to win all of the outcomes in order to win the wager.

How Do I Register For An Account At An Offshore Sportsbook?

In order to create an account with one of the legally approved sportsbooks listed in this guide you will have to enter some personal information such as your name, address, etc. You will also be asked to verify your identity by sending in a photo copy of your personal ID or another option. This is for security purposes and helps to keep your information and transactions safe. You are free to browse the betting lines prior to registering for an account or making a deposit.

Are These Offshore Betting Sites Legal For Minnesota Residents To Bet At?

Yes. These sportsbooks are 100% legally sanctioned and have all the necessary licenses and credentials to operate. The brands we’ve recommended accept Minnesota residents. You are not in violation of any federal or Minnesota state laws by using one or more of these sportsbooks.

Can I Have Accounts With Multiple Sportsbooks?

Yes. There are no rules against having accounts with multiple sportsbooks. Different sportsbooks have varying betting lines, odds and bonuses, so by having an account with multiple sportsbooks you’re giving yourself the best opportunity of making the most of your money and being able to shop for the best lines and odds.

Can I Place Bets From My Mobile Phone?

Absolutely. All of our featured sportsbooks have developed a sophisticated mobile betting app to compliment their services. The application is web based and mobile optimized, allowing you to place bets (including live betting), manage your account, complete financial transactions and get live updates, among other functionality.

How Do Deposits and Withdrawals Work?

You can deposit money into your account in several ways. You can select the option of paying by either credit/debit card (requires verification), money transfer, Bitcoin, cashier’s check and more depending on which sportsbook you are betting at. In some cases, your withdrawal method is dependent on the deposit method that you chose. If not, you’ll have another list of options to choose from for withdrawals such as check by mail or wire transfer. All transactions can be handled through your account page on the sportsbook. You do need to have deposited money into your account before you can place a bet.

What is Bitcoin?

Bitcoin is an online currency that has emerged as one of the premier forms of currency for online transactions. It’s the fastest way to deposit and receive money through these sportsbook sites. There are online services that can help you convert your Bitcoins into money that’s deposited into your personal account(s).

Are There Any Sports Teams in Minnesota That Have A Shot At Winning A National Title in 2017/2018?

The Minnesota Vikings started red hot this last season, but unfortunately started to falter and ended up missing the playoffs. The team showed a lot of promise and they’ll be looking to repeat that winning form at the start of the next season. The MLB season doesn’t start for a bit so it’s a little too soon to determine the odds of the Twins winning the World Series. The Timberwolves are in 10th place of the NBA’s Western Conference—not a good place to be in if you want to make the playoffs. The chances of them making the postseason are pretty slim this year.