Sports Betting Q&A
Frequently asked questions about sports betting
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Is sports betting legal in Arkansas?

Yes. Sports betting was legalized in Arkansas in 2018, but it remains illegal online. Betting can be done at four physical locations, two of which are racetracks and the other two are proposed casinos. 

Arkansas legalized sports betting through a statewide ballot measure November 2018 and it officially launched July 2019. However, as of 2020, online wagering had yet to be addressed by the state and that status won't be known until the Arkansas Racing Commission issues regulations on sports betting. That could change at any point, but there is no timeline for when online sports betting will be allowed.

Otherwise, online betting is allowed for Daily Fantasy Sports, horse racing and greyhound racing. Fantasy sports were formally legalized in 2017 when the Governor signed a bill into law.

Physical Sportsbooks

Oaklawn Racing Casino, Hot Springs

The Race & Sports Book at Oaklawn is provided by SB Tech, a world-wide bookmaker. In addition to tellers, the Sports Book has six betting kiosks and Silks Bar and Grill has four more kiosks.

Betting Windows
Monday - Sunday: 10 a.m. - 10 p.m.

Saracen Casino, Pine Bluff

The Saracen Casino Annex currently takes sports bets, but the official Casino is set to open in the second half of 2020. The Annex (open 24/7) is adjacent to Saracen Q Store and features a sports betting kiosk and full-service sports bar.

Southland Casino, West Memphis

Betly Sportsbook at Southland is in partnership with International Game Technology, who provide 24/7 kiosks and betting equipment. Betting can be done at the Sports Bar & Grill

Betting Windows
Monday - Sunday: 10 a.m. - 11 p.m.

Coming soon... 

The fourth betting option in Arkansas has yet to be built as legal battles are ongoing for rights to a casino in Russellville. This option seems a long way away and is unlikely to happen until 2021 or 2022.

Read More Sports Betting Q&As

More Questions To Read
What are some current trends in sports betting?
Betting trends usually refer to what the public is doing. You have two choices, to follow the public or fade the public.
Who benefits from sports betting?
Sports betting not only benefits each state, but it also gives fans another way to enjoy games.
What is a sports betting model?
A sports betting model is a system that can identify unbiased picks to determine the probability for all outcomes in a certain game.
What is a sports betting exchange?
A sports betting exchange allows bettors to bet against each other instead of through a bookmaker.
What are some tips for managing your bankroll when betting on sports?
The most important tip when betting on sports is to limit each bet to be between one and five percent of your bankroll.
Can sports betting be a career?
Yes. Sports betting can be a career if you make it your full-time job and put in the hours.
Can sports betting make you rich?
Sports betting is unlikely to make you rich unless you turn it into a full-time job and become one of the best bettors in the world.
Is sports betting a waste of money?
Sports betting is not a waste of money if you define your goals before making your first wager.
Can sports betting be profitable?
Sports betting can be profitable, but the majority of bettors lose money, which is why sportsbooks exist.
What some simple tips for betting on sports?
A simple tip for betting on sports is to remember that only a small percentage of bettors are profitable in the long run.
What are some good sports betting tips for beginners?
A tip for beginners may be that turning a profit in sports betting is difficult and because you "know sports" doesn't mean you'll be successful.
How do you win at sports betting?
To win at sports betting, one has to put time into studying and researching various aspects of a matchup.
Why should sports betting be legal?
Sports betting should be legal because not only is it another way for fans to enjoy action, but it's also a boost to the economy.
Is sports betting rigged?
Sports betting is not rigged, but it is against your favor because of the vig.
What is the tax rate on sports betting winnings?
When PASPA was overturned in 2018, states began legalizing sports betting and introducing different taxes on revenue.
How do sports betting payouts work?
Sports betting payouts depend on which type of odds are being used.
What is a bookie in sports betting?
A bookie is someone who facilitates gambling by setting odds, accepting and placing bets, and then paying out the winnings.
What are some popular sports betting books?
BetMGM, DraftKings, FanDuel and PointsBet are some of the more popular sportsbooks where sports betting is legal.
Which sports betting site is best?
BetMGM, DraftKings, FanDuel and PointsBet are some of the more popular online sportsbooks where betting is legal.
What is a hedge in sports betting?
A hedge is a method to reduce risk and secure winnings for a specified bet.
What is the spread in sports betting?
The spread, also referred to as the line, is used to even the odds between two unevenly matched teams.
How do sports betting spreads work?
Sports betting spreads, also referred to as lines, are used to even the odds between two unevenly matched teams.
What does hook mean in sports betting?
The hook means a half-point in sports betting.
What is arbitrage in sports betting?
Arbitrage in sports betting is when someone places bets on all possible outcomes of an event at odds that guarantee profit.
Can you arbitrage sports betting?
Arbitrage sports betting is legal, though it's frowned upon by bookmakers.