Louisiana Fantasy Sports & Sportsbook Promo Codes November 2024

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At one point in 2019 it seemed like a mere formality that 2020 would see the launch of Louisiana sports books at the state’s casinos and race tracks. It took a bit longer, with retail sports betting launching Oct. 31, 2021. Now LA online sports betting is full go, having launched Jan. 28, 2022! Here are the five things you need to know about Louisiana sports betting and LA online sports betting apps.

Is Louisiana Sports Betting Legal?

Yes! Voters decided in November 2020 to approve LA sports betting in 55 of the state’s 64 parishes. However, Louisiana sports betting officially launched on Halloween 2021. It allowed for retail sports betting, meaning in-person sports betting at one of the allowed parishes.

Louisiana online sports betting officially went live on January 28, 2022. Now users can create their mobile sports betting accounts and place bets anywhere within state lines. With a number of popular sports teams and passionate fans within Louisiana, this is a great state for sports betting.

What Sportsbooks and Online Sports Betting Apps are available in Louisiana?

Many online sports betting apps are available to Louisiana sports bettors:

• Barstool Sportsbook
• BetMGM Sportsbook
• BetRivers Sportsbook
• Caesars Sportsbook
• DraftKings Sportsbook
• FanDuel Sportsbook

How Do I Make Deposits and Withdrawals for Online Sports Betting in LA?

Since Louisiana has multiple user-friendly, popular sportsbooks in their state, moving money in and out of your account is pretty easy, with multiple methods available:

• Debit/Credit Card
• ACH (Online Banking)
• PayPal
• Prepaid Sportsbook Cards
• PayNearMe
• Check

What are the Most Popular Teams to Bet on in LA?

Without a doubt, Louisiana's most notable team is the New Orleans Saints. With them being a dominant force throughout in the NFL through the 2010s, the Saints are an absolute sensation in Louisiana. A vast majority of the local action comes in on the Saints.

The New Orleans Pelicans got a shot in the arm with Zion Williamson arriving and giving the team a major buzz. The Pelicans attract their own share of wagering.

Is There Anything Else to Know About Louisiana Sports Betting?

Now that you know Louisiana sports betting is legal, as is online sports betting, all that’s left to do is get started! If you are looking for more information about sports betting overall, you can use the sports betting resources we provide here at Stokastic!

If you have an issue with betting or a gambling problem, please contact 1-800-GAMBLER to speak with someone right now and get help.

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

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 number 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.

Louisiana Sports Betting FAQs

1. Is Sports Betting Legal in Louisiana?
2. How Can I bet in Louisiana?
3. Will New York 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 Louisiana 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 Louisiana?
11. What are the Betting Limits?
12. Where Do I go if I have a problem?

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