Nebraska Fantasy Sports & Sportsbook Promo Codes December 2024

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No one loves sports like the people of Nebraska. Whether one has stepped foot in the Cornhusker State or not, he or she likely has encountered a proud fan of the state’s ubiquitous college football team one time or another. Memorial Stadium in Lincoln is one of the loudest and most revered stadiums in the sport and their fans travel to games as well as any program in the nation. So it would come as no surprise that the citizens would want to see Nebraska sports betting reach their shores. Here are the top-five things you need to know about Nebraska sports betting and NE online sports betting apps.

1) Is Nebraska Sports Betting Legal?

While most states around the United States have at least entertained discussions on the possibility to introduce legal sports books, there has not been a single peep in regards to Nebraska sports betting. Passion for sports locally often goes hand in hand with the political process – and revenue opportunities – for many states since the PASPA law was repealed and opened a window for legal sports betting across the country. For whatever reasons, Nebraska has yet to leverage their state’s diehard dedication into the lucrative sports betting industry.

2) What Bills are Currently Before the State Legislature?

With no bills introduced in the House and no current initiatives to do so reportedly in the pipeline, there are a lot of logistical hurdles to occur to get Nebraska online betting legally. Residents can wade the questionable waters of offshore books or make the drive to a neighboring state with more friendly legal betting laws. But for now, it’s merely an oasis in a desert of sports fandom to envision Nebraska online sports betting any time soon.

There was one idea that attempted to legalize sports betting as a game of chance, and it would also have legalized some poker games, as well as daily fantasy sports contests. The bill, LB 990, was written ambiguously and left the door open to allow online sports betting as well. Sadly, the bill gained no traction, and was struck dead.

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

As of right now, nothing. Sadly. For now, any bets placed will have to be between friends or “friends”. The state has four casinos within state borders that also likely would love to take sportsbook action. But Nebraska sports betting is currently unavailable in those locations as well. Casinos tend to be well-connected within local politics so perhaps they can initiate discussion within the state representatives to bring Nebraska sports betting to their locations. Currently, nothing has been publicly reported about their intents to do so – although perhaps the loss of revenue from COVID-19 related shut downs will spur more thoughts along those lines.

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

Nebraska has no professional sports teams. However, that doesn’t mean there aren’t just as many crazy sports fans as states that have a handful of pro teams.

The University of Nebraska football team would likely be the biggest draw in terms of betting handles. The university is also very supportive of the other major sports they feature in the Big Ten Conference.

As for the pro side of things, football allegiances are largely dependent on where residents are located in the state. The west side is closest to Colorado, so logically, the Denver Broncos would be their tie, while the east side is probably more of a Kansas City Chiefs leaning crowd.

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

COVID-19 has derailed many political initiatives not directly tied to the containment and relief needed thanks to the global pandemic. Nebraska may need to find new and inventive ways to make revenue that it hadn’t previously considered and that could potentially provide a window for Nebraska sports betting once normalcy begins to resume. For now though, voters would need to create their own initiative or the casinos and lottery commissions would need to take lead to bring Nebraska sports betting to the marketplace.

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

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.

Nebraska Sports Betting FAQs

1. Is Sports Betting Legal in State?
2. How Can I bet in state?
3. Will Nebraska 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?

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