If you have been keeping track of the Texas online sports betting scene, then you know that the residents of the Lone Star State will have to wait a bit longer to start placing online bets.
So what’s the current state of affairs in Texas? When can we expect online sportsbooks to start rolling out welcome bonuses and accepting bets? Read up for info.
Texas Sports Betting
The number of US states that have legalized online betting is constantly increasing. However, Texas has yet to jump on the online sports betting wagon although there is some wiggle-room for Texas daily fantasy sports. The legislation to regulate mobile and online sports betting is in the books. If it passes, this means that the bill could be in the works in time for the November elections. Ideally, Texas online sports betting could go live in 2021.
However, this is the best possible scenario, of course. Right now, there are no guarantees that Texans could start wagering on their favorite sports betting markets any time soon. We hope this happens sooner rather than later. Especially as the players have been waiting for the Texas online sports betting scene to launch for quite some time.
However, there are many factors at play. Sports betting, in general, is still illegal in this state. And so is playing games of chance. So even though one of the most popular poker variants has Texas in its very title, playing Texas Hold’em in this state is not legal. The same applies to placing wagers on sports. Horse racing and parimutuel betting are legal, though, but only on specific racetracks.
Texas is the second-largest US state. If we have this in mind, we can presume that the potential sports betting market is going to be enormous once it’s regulated. As a consequence, lots of online operators will be racing to find a spot on this massive market once it launches.
It will be very interesting to see which sportsbooks land a deal to operate in this state. More on what could happen below.
As soon as Texas online sports betting is regulated, we’ll know more about potential sportsbooks that will venture into this market. Right now, we can make some assumptions about how this could play out.
In several other states in which online sports wagering is legal, an online sportsbook needs to partner up with a land-based casino to offer its services. In some, you can’t place online wagers unless you are physically located inside this brick and mortar establishment.
You need to be within the state borders to place your bets in others, but you are not required to go to the casinos themselves.
The state of Texas has three federally-recognized tribes. One of them, the Kickapoo Traditional Tribe, is allowed to operate a casino (in accordance with the Indian Gaming Regulatory Act). So, the Kickapoo Lucky Eagle Casino in Eagle Pass could be a location for some sports betting action. Naskila Gaming in Livingston is another possible establishment that could offer this service. Still these locations don’t offer Texas online casinos either.
However, this is merely our guess. We have yet to see how the whole Texas online sports betting situation unfolds. Check back with us for all the updates soon.