Arkansas Fantasy Sports & Sportsbook Promo Codes May 2024

Post by D L
Last modified: May 22, 2024 4:45 PM by D L
Let's get into some Arkansas sports betting basics and take you through what you need to know to get set up with the sportsbook of your choice, and how to get into online sports betting in Arkansas. For more information, check out our main betting page. Check out our FREE bet offers and everything you need to know about AR online, mobile sports betting apps.

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How To Claim Your Arkansas Fantasy Sports & Sportsbook Bonus

See below for details on how to claim your Arkansas fantasy sports and/or sports betting bonus.

Arkansas Fantasy Sports & Sports Betting Overview

Arkansas Sports Betting and Fantasy Sports Promo Codes

The legalization of sports betting is sweeping the United States, after the Supreme Court got rid of the federal ban, making it a state issue. This has left the states with a big decision and many debates about it. One of the early adopters of sports betting, voting in favor of this big decision, has been Arkansas. Here are five important things you need to know about Arkansas sports betting and AR online sports betting apps.

1) Is Arkansas Sports Betting Legal?

Yes. Sports betting was approved in Arkansas in November 2018, but it did not go live until July 2019. While sports betting is legal within the state, bettors are limited in their options. The approved constitutional amendment did not allow for online sports betting or sports betting apps. Thus, the only way to place sports bets in Arkansas is by actually going to the brick-and-mortar sportsbook location.

Oaklawn Racing Casino Resort was the first to accept a sports wage in the state in July 2019, and Southland Casino Racing followed suit shortly thereafter in January 2020.

2) What Bills are Currently Before the State Legislature?

Arkansas has no new legislation pending that is relevant to sports betting at the moment.

After the commission unanimously approved sports betting, the major Oklahoma college athletic directors sent a letter during a public comment review period highlighting their desire for safeguards.

3) What are the Next Steps for AR Sports Betting?

The approved sports betting law only legalized four physical locations within the state, with no mobile betting being available. Legalizing mobile sports betting and sports betting apps would obviously help to bolster the sports betting market more, but that is not currently a possibility.

4) What are the Most Popular Teams to Bet on in AR?

Pro sports franchises don't reside in Arkansas, but the University of Arkansas is basically treated like a professional team by the folks in Arkansas. The Razorbacks are, hands down, the most popular team, with the football squad garnering the most fandom throughout the state.

As for pro teams, states like Texas, Oklahoma, Louisiana and Missouri all border Arkansas, so there are a bevy of professional teams represented in the allegiances amongst Arkansans.

5) Is There Anything Else to Know About Arkansas Sports Betting?

As stated before, the approved sports betting laws allow for four physical sports betting locations in the state of Arkansas. Currently, there are only three available:

  • Oaklawn in Hot Springs
  • Saracen Casino Resort in Pine Bluff
  • Southand Casino in West Memphis

The fourth sports betting location in Arkansas is expected to be in Pope County, though there have been delays with that project.

What are the Most Common Types of Bets I Can Make in Arkansas?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Boston Celtics -6.5 (-110), moneyline -320

at Cleveland Cavaliers +6.5 (-110), moneyline +260

O/U 206

The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.

Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

Arkansas Sports Betting FAQs

  1. Is Sports Betting Legal in State?
  2. How Can I bet in state?
  3. Will Arkansas have Online Sports Betting or Sports Betting Apps?
  4. How Do I Open an Account?
  5. How Do I Deposit and Withdraw?
  6. Do I have to be in state to place a bet?
  7. What Games Can I bet on?
  8. What Companies Will be Offering Sports Betting?
  9. What Kind of Taxes Do I have to Pay?
  10. How Old Do I have to Be to Bet in State?
  11. What are the Betting Limits?
  12. Where Do I go if I have a problem?

Need more sports betting information? Check out the Awesemo betting home page.

Arkansas Sports Betting & Fantasy Sports FAQ

Read further for commonly and frequently asked questions regarding sports betting and fantasy sports in Arkansas.


Arkansas Fantasy Sports & Sportsbook Reviews

Read further for a detailed review of fantasy sports and sports betting in Arkansas.

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