On April 5, 2021, Wyoming sports betting became legal, inked into law by Governor Mark Gordon who signed House Enrolled Act No. 50 (HB-0133) into legislation. The fateful stroke of his pen that day legalized two activities in the state; online sports betting and daily fantasy sports.
Let’s take a closer look at how Wyoming sports betting has evolved over time, as well as lay out the best sports betting options currently available in the state.
With sports betting in Wyoming being legal for just over three years, the state has quickly adopted the industry, granting licenses to the biggest operators in the country. With a friendly legal framework, Wyoming sports betting has exploded in popularity amongst bettors in recent years.
To close out 2023, the Wyoming sports betting industry saw tax revenues (state profit) reach an all time high at $1.4 million per month. With a 10% tax on gross gaming revenue, monthly sports betting handle is now routinely exceeding $14 million per month. With an upward trend both in overall betting activity and revenue to the state, there are no signs of sports betting in Wyoming slowing down.
Fast forward to today, all five of the biggest sportsbooks in the country are available in Wyoming including DraftKings Sportsbook, Fanatics Sportsbook, BetMGM Sportsbook, FanDuel Sportsbook, and Caesar’s Sportsbook. Let’s take a closer look at each of their Wyoming operations and see how they compare and contrast.
We here at Bettor In Green have taken the time to thoroughly test each of the best Wyoming sportsbooks, creating accounts and trying out the various features in the state. Below, we dive into each of the five available sportsbooks in Wyoming, providing a brief description, the pros and cons, and our overall opinion of each.
DraftKings Sportsbook Wyoming quickly became a leading choice for Wyoming bettors after being amongst the first online sportsbooks to launch in the state. With a robust menu of sports betting markets, with all of the major leagues, as well as niche leagues, covered, it appeals to casual and veteran bettors all the same.
Bettor In Green’s Opinion: Starting with their Daily Fantasy Sports product in the mid-2000s, DraftKings has expanded their easy-to-use services into sportsbooks the experience is evident. DraftKings Sportsbook WY is great for bettors who can appreciate deep betting market options, as well as DFS. If you’re looking for the full Wyoming Sportsbook experience, DraftKings is a great first stop.
Similar to DraftKings, FanDuel Sportsbook drew on years of a stellar DFS product to offer a smooth and easy-to-use online sportsbook. Known for its user-friendly interface and extensive same-game parlay options, FanDuel is another bettor favorite in Wyoming for good reason.
Bettor In Green’s Opinion: The best part of FanDuel Sportsbook Wyoming is how simple they make it for bettors to participate in the action. That doesn’t mean they sacrifice innovation, however, as there are no shortage of options when it comes to exciting features such as Same Game Parlays. It’s one of the best options for Wyoming sports bettors who are new to sports wagering.
Caesars Sportsbook in Wyoming offers sports bettors a high-level sports betting experience, leaning on their decades of experience in gaming. Their world-class Caesars Rewards program is the highlight of their sportsbook, as they offer points for every bet placed that can then be used for experiences, bonus bets, and other offers. Caesars Sportsbook Wyoming is also well known for their stellar customer support options.
Bettor In Green’s Opinion: Caesars Sportsbook Wyoming is great for sports bettors who love live betting, and want to follow the action in real-time via streaming. The rewards program is also amongst the best available in the state, and can really reward players who stick to the platform.
Making their debut in Wyoming in 2024, Fanatics Sportsbook quickly made waves in the state thanks to their user interface and rewards program. Formerly a sports memorabilia company, Fanatics lets customers earn points from sports betting that can then be used to buy team merchandise with licensing for all the major leagues across the country in tow.
Bettor In Green’s Opinion: Despite being only a few months old in Wyoming, bettors in the states are already flocking to Wyoming. If you enjoy collecting sports memorabilia and merchandise, the rewards program at Fanatics Sportsbook WY can not be beaten. Overall, Fanatics Sportsbook Wyoming offers a fresh spin on the online sports betting industry in the state.
BetMGM Sportsbook Wyoming entered the state’s online sports betting scene in 2021, swiftly establishing itself as a premier destination for bettors. Leveraging the esteemed reputation of MGM Resorts International, BetMGM offers a great betting platform for both novice and experienced bettors. The platform is renowned for its extensive range of sports markets, competitive odds, and user-friendly interface. Also, it has features like live streaming of certain games and innovative betting options such as the “Edit My Bet” feature.
Bettor In Green’s Opinion: We think BetMGM Sportsbook Wyoming stands out as a solid choice for sports bettors in the state. Its extensive sports coverage and innovative features like “Edit My Bet” provide a dynamic experience. While there are areas for improvement, particularly concerning app performance and withdrawal times, the overall quality and reliability of the platform make it a compelling option.
With five different sportsbooks to choose from, betting on sports in Wyoming is a breeze. Follow the short steps below to get started:
This is what’s making headlines in Wyoming sports betting:
March of 2021 saw the closure of House Bill 133, which passed in Wyoming’s legislature. Wyoming, an early adopter of online-only betting, got itself onto the list of states where this law of the land is to this day.
A commission, known as the Wyoming Gaming Commission, is watching over the sportsbooks. Wagering is open to bettors 18 years old and above, with a stipulation that sportsbooks must surrender a 10% tax on gross gaming revenue, or GGR for short. The system of laws governing this betting scene is concentrated on online sports betting; specifically, there are no hints of retail sportsbooks in any provisions so far.
Sports betting in the great state of Wyoming moved quickly once legislation was officially passed, coming after years of talks of gambling in the state. Below are a few of these key milestones.
Wyoming sports bettors now have access to five licensed online sportsbooks, which include:
Notably, there are currently no legal retail sportsbooks in Wyoming. This is because the legislation that passed in the state exclusively focused on online sports betting, which continues to grow since being legalized in 2021. The idea of retail sportsbooks, however, is still being pushed in the state and future expansion is possible.
Offers, of various types, abound at Wyoming sportsbook promos & bonuses as they are an effort to draw in fresh players and keep the old ones. Some of the most well-known offers are listed here.
Careful attention is needed to the terms and requirements—such are the needs of maximizing these offers. Betting, or placing your bets, after perusal of the fine print, is the best way to maximize each.
Bettors from Wyoming have chosen mobile sports betting apps as one of the only options to bet (vs. desktop betting), and the option is fast becoming lucrative and a favorite of the state. The convenience of betting on their mobile device is such that they prefer this method over traditional options.
Wyoming sports betting apps, like DraftKings, for example, or BetMGM and also FanDuel, are available to offer users a cohesive experience. Live betting, in-app statistics, and the ability to cash out are features that ensure the experience is smooth, albeit disjointed in a way that mirrors the thought process of a bettor.
The choices for bettors are vast, covering sports leagues from the NFL and NBA to sports at international levels, all brought to their mobile screen. But the state-wide appeal lies in the simplicity and user-friendliness of the betting apps, accessible on both iOS and Android.
Wyoming bettors are subject to federal taxes on sports betting winnings, as the state doesn’t impose personal income tax. Winnings over $600 may require sportsbooks to issue a W-2G form, and most bettors who reach that threshold will automatically receive them.
Bettors must report their winnings on their federal tax returns, where they may be eligible for deductions based on losses. Keeping accurate records of your bets, winnings, and losses is essential for ensuring proper tax reporting.
In terms of taxes for the state, the state implies a 10% tax rate on all gambling revenue generated by the licensed sportsbooks in the state. Since being imposed in March 2021, the state of Wyoming has generated over hundreds of millions in tax revenue which goes toward state initiatives and their overall annual budget.
Wyoming has various initiatives, sponsored by the state, designed to highlight the importance of responsible gambling, even if they may not be interconnected with each other. For instance, available to bettors are tools throughout sportsbooks, which includes tools to impose deposit limits, limits on session time, and programs for self-exclusion.
On another note, one could also reach out to the Wyoming Problem Gambling Helpline as a resource provided by the state. Furthermore, partnerships are forged with notable organizations at the national level, such as Gamblers Anonymous.
The importance of responsible gambling cannot be overstated; bettors should also note the necessity of reaching out for help should they find it necessary. However, it is somewhat ambiguous how one could efficiently utilize the available tools to remain within healthy limits.
Below is a full list of responsible gambling resources available in Wyoming:
Betting on sports is doing more than just settling in in Wyoming; it’s starting to explode. Trends that might just shape its future are continuing to draw attention in the state, and it would make sense to expect some new betting markets to start to appear, such as e-sports.
In terms of new operators, fresh faces in an expanding market are coming soon, perhaps, as 2024 saw the introduction of a new player in Fanatics Sportsbook. The future also might see new betting options through legislative changes that might (or might not) peek at retail sports betting.
Sports betting that happens in play could go a notch higher in sophistication, such as introducing new markets such as betting on politics. In terms of money coming in, the inflows are showing no signs of slowing, as betting handles continue to pile up. That fact alone is a good indicator of the expanding tax revenue and the chances that sports betting in Wyoming is just at the beginning stage of its evolution and expansion.
Emerging from an uncharted era, the sports betting domain in Wyoming is alive and well, and in no unspecific terms is a spectacle of growth. A pool of renowned sportsbooks is housed within the confines of this state now, showering players with opulence of betting alternatives, promotions that are overly generous, and a mobile experience that rivals any state in the country.
It is a future littered with alluring possibilities, including expanding the lot of licensed online sportsbooks, as well as retail sportsbooks coming to the state. Responsibility in betting, though, is paramount, with constant nudges from the support frameworks in place. Opportunities abound, however, within the sports betting panorama of Wyoming, whether initiation is at hand for the bettors or further legislation expands the industry into the stratosphere.
No, in-game (live) betting operates under the same legal structure as pre-game wagering in Wyoming.
You can access sportsbooks in Wyoming online or via mobile apps in the state, which ensures coverage across the state.
The state does not impose any additional fees on sports bets in the state, and transaction fees might apply depending on the payment method you choose to use.
No, Wyoming does not currently offer sports betting at horse racetracks, as all sports betting in the state is restricted to online platforms.
All disputes with Wyoming sportsbooks are handled via the Wyoming Gaming Commission, which oversees the licensing and regulation of online sportsbooks in the state.Wy
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