Looking to get into sports betting in North Carolina? This beginner’s guide will show you how to get started, including what you need to know about the law.
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In North Carolina, sports betting is only legal if you bet on professional or collegiate games through one of the two tribal casinos in the state. There are no legal sportsbooks, and online and mobile sports betting is not allowed. The two casinos that offer sports betting are the Harrah’s Cherokee Casino Resort and the Harrah’s Cherokee Valley River Casino & Hotel.
Both of these casinos are owned and operated by the Eastern Band of Cherokee Indians, and they are the only casinos in North Carolina. The state does not have any racetracks, and there are no plans to legalize any other forms of gambling in the near future.
To bet on sports at either of the two tribal casinos in North Carolina, you must be 21 years of age or older and have a valid photo ID. You will also need to sign up for a player’s card at the casino. This card is used to track your gambling activity and can be used to access your winnings when you cash out.
Once you have a player’s card, you can go to the sportsbook counter at either casino and place your bets. The minimum bet is $5, and there is no maximum bet limit. Both casinos offer a variety of ways to bet on both professional and collegiate sporting events.
In addition to traditional bets such as point spreads, moneylines, and Totals (over/unders), both casinos also offer prop bets, parlays, teasers, pleasers, Round Robins, If Bets, action reverse bets, futures bets, and more.
What You Need to Know Before You Start
The Different Types of Sports Bets
There are many different types of sports bets that can be made. The most common type of bet is the point spread bet. This is where you pick one team to win and the other team to lose. The amount of points that you give or take away from the winning team is called the point spread.
Another common type of bet is the moneyline bet. This is where you pick one team to win and the other team to lose. The amount of money that you bet on the winning team is called the moneyline.
The last common type of bet is the parlay bet. This is where you pick two or more teams to win. If all of your teams win, then you win your parlay bet. The more teams that you pick, the higher your potential payout will be. However, if even one team loses, then you lose your entire parlay bet.
Now that you know about the different types of bets, it’s time to learn about how to place a bet!
Betting on sports is a lot of fun, but it can also be very expensive if you don’t know what you’re doing. That’s why it’s important to have a solid understanding of money management before you start placing bets.
Here are a few things to keep in mind:
-Always bet with money you can afford to lose.
-Never bet more than you can afford to lose.
-Set a budget for each betting session and stick to it.
-Don’t chase your losses. If you lose, accept it and move on.
-Try to win 50% of your bets. This may not sound like much, but it will grow your bankroll over time.
By following these simple guidelines, you can ensure that betting on sports doesn’t become a costly hobby.
How to Place a Sports Bet in NC
Before we get into how to place a sports bet, you first need to understand what a sports bet is and how it works. A sports bet is a wager on the outcome of a game or event. You can bet on who will win, the margin of victory, how many points will be scored, etc. The odds will be determined by the sportsbook and you can usually find them online.
Step 1: Find a Sportsbook
In order to place a bet on sports in NC, you must first find a sportsbook that is licensed by the state. Currently, there are two sportsbooks that are operational in NC, and they are BetRivers and DraftKings. Both of these sportsbooks are available online, and they each have a mobile app that can be downloaded from the App Store or Google Play.
To register for an account at BetRivers, you will need to provide your full name, date of birth, social security number, and a valid photo ID. Once your account is created, you can fund it using a credit or debit card, or by making a deposit at the BetRivers Sportsbook kiosk at Harrah’s Cherokee Casino Resort.
At DraftKings Sportsbook, you will also need to create an account before you can place a bet. To do this, you will need to provide your full name, date of birth, social security number, and a valid photo ID. You can then fund your account using a credit or debit card, or by making a deposit at the DraftKings Sportsbook kiosk at the Greenetrack in Eutaw, Alabama.
Step 2: Sign Up and Deposit Money
Now that you know where to bet, it’s time to sign up for an account and deposit some money. All sportsbooks will require you to create an account, which is a fairly simply process. Betting sites will ask for some personal information like your name, address, email, and date of birth. You will also be required to create a username and password. Once your account is created, you will need to deposit money before you can place any bets.
Most betting sites will offer a variety of deposit methods, including credit/debit cards, e-wallets like PayPal and Skrill, and bank transfers. Deposits are typically instant, although bank transfers can take up to a few days. Once your deposit is processed, you will be ready to place your first bet!
Step 3: Choose the Sport and Bet Type
Before placing a bet, you’ll need to decide on the sport and bet type. North Carolina offers betting on professional and college sports, including:
You can also bet on prop bets and futures. Prop bets are wagers on events that will happen during the game, such as which team will score first or how many strikeouts a pitcher will have. Futures are wagers on events that will happen at the end of the season, such as who will win the Stanley Cup or which team will make it to the Super Bowl.
Step 4: Enter the amount you want to bet
Now that you’ve entered your bet type and the amount you want to wager, it’s time to finalize your bet by entering the amount you wish to risk. This is the amount of money you are willing to lose if your bet doesn’t pan out. Once you have entered your risk amount, review your bet one last time to make sure everything is correct, then hit “Place Bet” to submitting your wager!
Step 5: Review your bet and click “Place Bet”
Once you have selected your bet type, chosen the amount you wish to wager, and entered your risk amount, review your information to make sure it is correct. If it is, click “Place Bet” to finalize your wager. If everything looks good, congrats! You’ve placed your first sports bet!
Now that you know how to sports bet in NC, you’re ready to get in on the action! Remember to stay within your budget and to bet on sports you know something about. Most importantly, have fun!