Oregon Online Sports Betting Guide 2024
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Online sports betting is fully legal in Oregon, giving fans the chance to wager on their favorite teams with ease. Whether you’re a seasoned bettor or just getting started, navigating the landscape can feel overwhelming—but that’s where we come in!
In this guide, we’ll cover everything you need to know about Oregon sports betting, from the latest legal updates to the best platforms for placing bets. Ready to dive in? Let’s explore OR sports betting scene!
🔑 Key Takeaways
- Discover how to legally bet on sports in Oregon with the best gambling sites.
- Learn all about the most popular sports and teams in Oregon.
- Understand how to report your gambling winnings properly in Oregon.
Best Online Sports Betting Sites for Oregon Bettors
In Oregon, sports betting is available both online and in person. Here are the different sports betting sites OR bettors can access:
- Allowed: Oregon has only one legal online sportsbook: DraftKings, which operates under an exclusive partnership with the Oregon Lottery. This platform provides a secure and regulated environment for residents to place online wagers.
- Allowed: The state also features retail sportsbooks located at tribal casinos, offering bettors an in-person option to enjoy the excitement of sports betting.
- Unregulated: Sweepstakes sportsbooks are not explicitly addressed or authorized by Oregon’s gambling laws, as they fall under different legal frameworks than traditional sports betting.
10 Facts About Oregon’s Sports Betting Laws
- Legalization: Sports betting was legalized in 2019 under House Bill 2288, classifying it as a lottery game.
- Age Requirement: Bettors must be 21 or older to wager in Oregon.
- Geography: Oregon borders Washington, Nevada, California, Idaho, and the Pacific Ocean.
- Retail Sportsbooks: Three retail sportsbooks operate legally in the state.
- Taxes: Winnings over $600 require a W2G form, with tax rates of 8% for over $1,500 and 24% for over $5,000.
- Debt Deductions: Winnings over $600 may be deducted for debts like child support.
- Regulator: Sports betting is overseen by the Oregon State Lottery.
- Responsible Gambling: The Oregon Council on Problem Gambling offers resources for safe betting.
- Other Gambling Options: Bettors can enjoy table games, slots, and casino gaming.
- Charitable Gaming: Regulated by the Oregon Department of Justice, activities like raffles and bingo support nonprofits.
Popular Sports and Teams in the Oregon Betting Scene
Oregon boasts a vibrant sports culture, with a strong focus on basketball, soccer, baseball, and hockey. Although the state lacks a professional football team, its lineup of teams and sports offers plenty for fans and bettors alike.
Top professional teams:
- Basketball: Portland Trail Blazers (NBA) – Oregon’s oldest pro team, established in 1970.
- Soccer: Portland Timbers (MLS, est. 2009), Portland Thorns FC (NWSL).
- Baseball: Hillsboro Hops (Northwest League), Portland Pickles (West Coast League, est. 2015).
- Hockey: Portland Winterhawks (est. 1976, WHL).
College Teams: Although college sports betting is prohibited in Oregon, local college teams remain incredibly popular:
- Oregon Ducks (University of Oregon)
- Oregon State Beavers (Oregon State University)
- Portland Pilots (University of Portland)
Other Gambling Options in Oregon
If sports betting isn’t your focus, Oregon offers several other exciting gambling options:
- Casino Gaming: Oregon features nine tribal casinos in locations like Canyonville, Lincoln City, and North Bend. These casinos offer a range of games, including table games and slots.
- Lottery: The Oregon State Lottery provides video slot machines across the state, adding another layer of accessibility to casino-style gaming.
- Horse Racing Betting: Overseen by the Oregon Racing Commission, horse racing remains popular with commercial race meets, off-track betting, and seasonal events.
- Retail Sportsbooks: Oregon has three retail sports betting locations: Chinook Winds Casino Resort (Lincoln City), The Mill Casino Hotel & RV Park (North Bend), and Spirit Mountain Casino (Grand Ronde).
Understanding Oregon Taxes and Payouts
Here’s what you need to know about paying taxes on sports betting winnings in Oregon:
- Taxable Winnings: Any win over $600 requires a Form W-2G, which the sportsbook will provide.
- Tax Rates:
- Winnings over $1,500 are taxed at 8%.
- Winnings over $5,000 are taxed at 24%.
- Loss Deductions: You can subtract your losses from your total winnings and pay taxes only on the remaining profit.
Want to learn more? Check out our full guide on sports betting taxes in the US for detailed tips.
Start Betting Smart in Oregon Today
With everything you’ve learned about Oregon sports betting, you’re ready to jump in! Keep our mentioned recommendations in mind to maximize your bets and enjoy a smooth wagering experience.
Want to explore more? Check out our resources on state gambling regulation for additional information.
References
- Oregon Lottery — Retrieved on November 25, 2024
- Oregon Department of Revenue — Retrieved on November 25, 2024
- Sports Betting surges in Oregon — Retrieved on November 25, 2024
Frequently Asked Questions
Yes, mobile sports betting is legal in Oregon. Bettors can place wagers using the DraftKings Sportsbook app, as long as they are physically within state borders.
Oregon law requires individuals to be 21 or older to legally participate in sports betting.
Sports betting was legalized in Oregon in 2019, with mobile betting launching the same year through the Oregon Lottery’s platform, which later transitioned to DraftKings in 2022.
