Wyoming Sports Betting Sites | Best WY Legal Online Sportsbooks

Unlike most other states in the US where online sportsbooks have to be tethered to a land-based casino, brands have the opportunity to operate independently of these partnerships.

Wyoming is only the second state to allow online sportsbooks to operate independently after Virginia became the first

BetMGM Sportsbook

Wyoming is the 14th state in which BetMGM has launched an online sportsbook in conjunction with the huge hotel/casino national brand. A superb sportsbook and betting app are available for Wyoming where you will find your favorite sports, events, and betting markets to make your next wager online.

Draftkings

The 13th state in which Draftkings have launched their online sportsbook, some 9 years after the daily fantasy sports product was made available in the Cowboy State. Draftkings is best known for DFS but now offer online sports betting across the states

Legal online sportsbook betting has been legal in Wyoming since April 2021, and DraftKings Sportsbook, along with BetMGM became the first sportsbook brand to begin operating in the Equality State on the very first day. Both launched mobile apps on which accounts could be opened and wagers placed.

One interesting fact about Wyoming online sports betting is that it is the first state in the US to permit licensees to accept cryptocurrencies as deposits into customers' accounts.

Current Legal Status of Online Betting in Wyoming

Online sports betting websites and apps are available based on licensing by the Wyoming Gaming Commission since the sports betting bill (HB 113) was signed by Governor Mark Gordon in April 2021.

There will be a minimum of 5 online sports betting licenses awarded. 4 of which were quickly applied for by DraftKings, BetMGM, Fanduel, and Barstool - It is very likely that the recently rebranded Caesars sportsbook will also look to enter the Cowboy state.

When Did Online Sports Betting Become Legal in Wyoming?

While the Bill was signed in April 2021, the target launch date for operators to be able to offer account registration and accept wagers online was set for September, a date that was able to be met when Draftkings and BetMGM launched on Day 1.

Online Betting License and Tax information

Operators must pay a $100,000 initial 5-year license fee with a $50,00 per year renewal after that. 

Tex revenues have been set at 10%, with the first $300,000 a year raised for gambling addiction treatment and services.

Wyoming Sports Betting Revenue Information

The betting handle in Wyoming is expected to increase with more brands partnering with land-based casinos and gaining licenses for their applications.

At the time of writing and some 2 year after launch, the figure has moved toward $20m in October 2022, but has fallen just below $15 by the start of 2023

Online Sports Betting Timeline

February 2023 — The latest December handle figures released by the Wyoming Gaming Commission show  $15 million in handle and $1.8 million in revenue.

January 2023  According to the Wyoming Gaming Commission, bettors in Wyoming staked a total of $16.7 million in wagers throughout November 2020, yielding $1.5 million in revenue for the state's sportsbooks and netting the commission around $100,000 in taxes.

December  2022 In October 2022, the Wyoming Gaming Commission reported a record month, exceeding the previous record of $13.97 million wagers set in January 2022 with an impressive total of $17.2 million in wagers accepted by the state's sportsbooks.

October 2021 - $6.2m in wagers placed was reported for the first month in the state, with just under $1m of gross revenue. Both Fanduel and Barstool Sportsbook is awaiting application to enter the state

September 2021 - $3.6m was wagered on football in the first month of legal online sports betting in Wyoming, suggesting the launch in line with the NFL season opening was a great move. Around $1m was reported on the MLB while over $1.1m was wagered on parlays

September 2021 - BetMGM and DraftKings launch on day 1 with betting websites and apps.

April 2021 - Legal Sports Betting bill passed and the operation date of September 2021 set

Other Sportsbooks Expected to Launch and When

• FanDuel
• Barstool Sportsbook
• theScore
• Ceasars [formerly William Hill]
• PointsBet

Benefits of Using a Licensed Online Sportsbook in Wyoming

While it is not technically illegal to use a readily available offshore sportsbook to make wagers, one has to consider the associated risks.

Offshore operators have no obligation to fair play to US customers. As such, there is no protection for players unds, whereby a sportsbook could disappear overnight along with funds you may have deposited. 

It is common to hear of horror stories of punters winning big but never being able to access the money they have rightfully won on wagers.

Online sports bettors in Wyoming gain all the benefits of using a licensed operator within the state with partnerships with land-based casinos and the safety and assurances that go hand in hand.

Wyoming has the full range of sports that at present are legally available for online wagering, including everyone's favourite, football, basketball, baseball, hockey and soccer games.

Wyoming State sports teams you can wager online

Wyoming, as the least populous state in the US does not currently, or is likely to have any professional major league sports teams, but do have a couple of professional sports teams as well as college interest too

Professional State Teams

The Wyoming Cavalry, the professional indoor football team of the Indoor Football League, played in Casper, Wyoming but were disbanded in 2014 leaving the Cowboy state without a football team of any description.

The Wyoming Roughnecks, an American Basketball Association (ABA) team, are based in Gillette, Wyoming.

College State Teams

The Wyoming Cowboys are the football team of the University of Wyoming. They play in the Mountain West Conference of the Football Bowl Subdivision of NCAA Division I and have won 14 conference championships. 

Some states have restrictions on betting on home-state teams but with fewer betting opportunities, there are no collegiate betting restrictions in Wyoming, including proposition bets which are not allowed in some states.

Wyoming Live Betting Online Options

Live betting is betting on events while they are taking place and is legal in Wyoming.

In-play betting is also the most popular form in many states with a history of online sports betting around the US, allowing you to watch and bet on your favorite sports events as the action ebbs and flows.

Online Sportsbook Sponsorship Deals in Wyoming

With a lack of professional sports teams in Wyoming, there are no online betting sites and sports team sponsorship partnerships currently in place.

If you have yet to make a wager online, which will apply to the great majority of Wyoming residents, whilst it is a simple procedure, there are a few things to take into consideration.

This section runs through the steps for registration, how to deposit and make a wager, and the best banking options to use to fund your account and take your withdrawals when you win.

Registration

Registering for a new online betting account with a legal Wyoming sportsbook is as simple as visiting the website or downloading the app and creating an account by providing the required information, which will include.

1. Personal details such as name and address
2. Security information such as passwords, email and mobile numbers
3. Selecting a depositing method and choosing a welcome offer.

You will not need to be located within the state of Wyoming to register for an account in Wyoming but will have to have geo-location services enabled on your computer or mobile to deposit and make wagers.

How to Deposit

In line with most other states in the US now, there is no need to make registration or deposit funds in person at a casino cash cage. All transactions can now be undertaken conveniently online.

All you need to do is select the banking option that is the most convenient for you, including credit and debit cards or eWallet solutions like Skrill.

Banking Options for Wyoming Sportsbooks

There is a wide range of banking options available to online sports bettors for Wyoming sportsbooks

Credit & Debit Cards

While credit cards are widely accepted, we would advise using credit to fund your online gambling, especially if you do not have the funds to make a full repayment within the month. Betting with money you do not have is worse than betting with money you can not afford. Please see our guide to responsible gambling for more information.

Debit cards are a far better option; funds are available instantly in most cases. Withdrawals will often be processed by the sportsbook within 24 hours using this method, but depending on your bank, it could take up to 5 working days to receive your funds back to your physical account.

For quicker withdrawal methods, read on.

eWallet Solutions

E-Wallets for depositing and withdrawing from your mobile betting account include well-known brands such as PayPal, Neteller, and Skrill. Instant deposits and withdrawals within 24 hours are typical, and in most cases, there are no fees to be paid. Double-check if you want to make multiple transactions this way, as fees can be introduced if this method is abused.

Prepaid Cards

Quite often, sportsbooks and casinos offer their own branded pre-paid cards. You can load them up and make deposits and withdrawals with them quickly and be able to access the cash from ATMS. A superb addition to online money management that works seamlessly with most betting sites in Iowa

ACH Wire Transfer

A bank transfer can be a convenient way to fund your betting account. Do check for fees, however, which may vary by bank, and transactions can sometimes take time to clear on both deposits and withdrawals.

PayNearMe

A barcode scanning scheme where you can deposit cash using relevant retailers such as 7-Eleven

Cash 

If you are close to the casino partnered with your online sportsbook, you can make deposits directly into your account using cash at the cash cage in the casino. Likewise, you'll be able to withdraw in the same manner.

Minimum Deposit & Maximum Withdrawals

All sportsbooks will have a minimum deposit requirement, but they are in the main, around $10, so they are not prohibitive.

Also, be aware when using deposit methods if any negate the qualification of welcome bonuses. Also, check Wagering requirements of any offer.

Being able to make deposits online also negates the necessity of a visit to a physical sportsbook to make a cash deposit.

What Type Of Wagers Can I Make on Sport Online in Wyoming?

There are no restrictions based on the wager type, within reason, that you can make in the state of Wyoming.