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Ranking Potential North Carolina Sportsbooks

North Carolina recently approved online sports betting! The launch date could come as soon as January 2024. Check out the following offers that may be offered in the Tar Heel State soon.

NC Sportsbook Rankings

Rank SportsBook Offer Features Play
#1 fanduel promotions
4.9 out of 5
$1,000 No Sweat Bet
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On First Wager
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#2 DraftKings promotions
4.8 out of 5
Bet $5, Get $150 in Bonus Bets
On First Wager, Win or Lose
21+. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER
New Players Only
Industry-High Deposit Bonus
No Code Needed
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#3 Caesars Sportsbook NY
4.6 out of 5
Bet Up to $1,250 on Caesars
Win or Get Your Bet Back
21+. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER
Paid as Bonus Bet
Industry Best Rewards
Use Bonus Code: BV15
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#4 betmgm promotions
4.6 out of 5
$1,000 Second Chance Bet
Win or Get Your Bet Back
21+. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER
New NY Players Only
No Code Needed
Follow Link for Offer
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#5 PointsBet New York
4.5 out of 5
$250 in Second Chance Bets
$50 x 5 Bets
21+. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER
North Carolina Only
Use Code BVIEW1
Follow Link for Offer
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#6 BetRivers New York
4.3 out of 5
$100 Second Chance Bet
Win or Get a Refund
21+. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER
New Players Only
1x Play Through
Use Code 100FREE
Claim Offer
#1
WynnBet Promo Code Offers
Bet $50, Get $200
Promo Code: XEWB1
#2
sportsbook-fanduel
$1,000 No Sweat Bet
Win or Get a Refund
#3
DraftKings Sportsbook NY
$1,000 Deposit Bonus
Use Promo Code: BV1
#4
caesars sportsbook
$1,100 First Bet Insurance
Promo Code: BVCZR
#5
sportsbook-betmgm
$1,000 Risk Free Bet
Win or Get a Refund
#6
sportsbook-pointsbet
Bet $2,000 Risk-Free
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#7
betrivers sportsbook promotions New York
100% Deposit Bonus
Up to $250 Free
North Carolina Sports Betting

North Carolina Sports Betting Overview

Current legal sports betting status in NC: Retail betting live with online betting approved for 2024.

Sports fans and bettors are fired up in North Carolina, and with good reason. Governor Roy Cooper House Bill 347 into law on June 14, 2023. This made online sports betting legal within the state, and a launch could come as soon as January 8, 2024.

It'll definitely take the North Carolina Education Lottery Commission a few months to finalize all of the rules and regulations that are needed. This is standard operating procedure in every state.

NC is a massive sports market. With professional teams in the NFL, NBA, NHL, and MLS, as well as UNC, Duke, NC State, Wake Forest, App State, and East Carolina, there is a ton of sports fans in the state. The Tarheel State has the ninth highest population in the US, and is also the country's fifth fastest growing state.

Bet MGM 1000 First Bet Offer - Baseball

When and What to Expect From Online Sports Betting in North Carolina

So what should North Carolina sports bettor's expectations be for online sports betting? Nothing is certain when politics are involved, but our experts have looked at the state of the market ant have a few projections worth sharing.

When Will Online Sports Betting Begin in North Carolina

The House bill states that online sports betting will go live in North Carolina no later than mid-June of 2024. You can bet, though, that the Commission will want to launch in January so that the state won't miss out on loads of handle from the NFL Playoffs.

January is far from the biggest sports betting month in the US, and the state of Michigan reported over $4 million in tax revenue despite the market being less than a month old. Legislators in North Carolina will be highly motivated to get to be ready in January to rake in those tax dollars.

What SportsBook Options Will NC Bettors Have?

Again, it is hard to predict exactly which sportsbooks will enter the market. However, we're banking that all of the major brands like DraftKings, BetMGM, FanDuel, and Caesars will be chomping at the bit to enter a new market.

Other names like BetRivers, Unibet, or WynnBet may also be interested in doing business in the Tar Heel State. Don't count out Fanatics either, as they recently bought out the US portion of PointsBet. This is great news for bettors because more competition means better lines and more lucrative bonus offers!

According to the House Bill, North Carolina will be able to offer a max of 12 online sports betting apps. The 8 pro sports arenas within the state will be allowed to partner with operators to offer some more in-person sportsbook options.

Just How Big Will Online Sports Betting Be in North Carolina?

With major cities like Charlotte, Raleigh, and Asheville, North Carolina ranks 9th in the US for overall population. That means the potential for sports betting revenue is huge for the state.

North Carolina is very similar to Michigan, which brought in a total sports betting handle of over $4.5 billion in 2022. The House Bill states that operators must pay 18% of their betting revenues to the state in taxes.

Economists believe that North Carolina could rake in more than $100 million in taxes each year by year five. Most of those tax dollars will go toward North Carolina schools and gambling addiction programs.

North Carolina Sportsbooks FAQs

Now that online sports betting is officially legal in North Carolina, folks within the state are bound to have questions. To help with that, we've created the following FAQ section. Our goal is to help North Carolina sports bettors get the answers they need as quickly as possible.

We'll be updating this section quite frequently, especially as the launch date of North Carolina online sportsbooks draws closer.

Is sports betting legal in North Carolina?

Yes, North Carolina legalized sports betting back in 2019. However, the options are still limited to 3 tribal casinos. However, online sportsbooks will soon be a thing in the Tar Heel State.

When will North Carolina have online sports betting?

Governor Cooper signed online sports betting into law on June 14, 2023. The House Bill (HB 347) states that NC will have sports betting sometime around January 8, 2024. This gives the NCLC time to develop regulations.

How many online sportsbooks will NC have?

The law states that North Carolina can have a max of 12 online sportsbooks. We expect major operators like DraftKings, FanDuel, BetMGM, and Caesars to all launch in NC.

Why does it take so long for a state to go from legalization to launch?

When a state approves online sports betting, there is a ton of work to be done. In North Carolina's case, the Lottery Commission will have to establish all of the state's rules and regulations before a launch date can happen.

Will North Carolina also offer betting on horse races?

Yes, part of the House Bill states that North Carolina will offer horse racing for their residents and visitors as well as sports betting.

What is the legal age for sports betting in North Carolina?

The legal age for sports betting in North Carolina is 21 years old. This applies to both online and offline betting. All bettors must also be physically located within the state's borders when placing their bets.

Will North Carolina online sportsbooks offer bonuses?

They most certainly will! All the major sportsbooks offer attractive bonus packages, including bonus bets, deposit matches, and more. As the online sportsbook legalization date and regulations are established, we will know more about what kind of bonuses and promotions NC bettors can expect.

Do I have to pay taxes on my sports betting winnings?

Yes, the House Bill states that all sports betting winnings in North Carolina are taxable regardless of the amount won or if it's a one-time or ongoing event. The taxes will be included as a personal income tax and subject to the 4.75% tax rate. This isn't too bad compared to other states that are as high as 50% for big winners.

What sports can I bet on in North Carolina?

North Carolina's law states that all traditional professional and collegiate sports and esports and international events are fair game. As long as the wagers don't involve point-shaving or game-fixing, you should be able to bet on most major sporting events without any issues.

Can I bet on college sports in NC?

Yes, you can bet on college sports, including the Tar Heels and Wolfpack teams in North Carolina. Unlike a few other states that prohibit in-state betting on collegiate teams, North Carolina law allows for betting on all college sports.

Are there any restrictions I should know about?

Once the North Carolina State Lottery Commission releases its regulations, we will know more about any restrictions or additional guidelines that may apply.

What payment methods can I use for sports betting?

The most common payment methods used for online sports betting include credit/debit cards, e-wallets, prepaid cards, PayNearMe, and bank transfers. We're not anticipating any specific regulations that would restrict payment methods in North Carolina, so we expect most of these options will be available.

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