\n VISIT BORGATA ONLINE\n<\/a> <\/div>\n<\/div>\n\n\n\n A Recent History of Sports Betting in Pennsylvania\n <\/h3>\n \n\n
\n Gambling has always served a functional purpose in Pennsylvania. During times when gambling legislation was being pushed, many believed to opening up of such an industry in the state would help create more jobs, boost the economy, and help balance the books.<\/p>\n\n
\n There\u2019s no denying that the legislation initially proved to be an overwhelming success. In 2016, for example, approximately 18,000 people <\/strong>were employed by the various racetracks and casinos around the state, with the industry garnering a huge $1.4bn<\/strong> in yearly tax revenue.<\/p>\n\n\n Having said that, some momentum was lost during the Covid-19 pandemic. Mobile betting rose to the fore, but the industry as a whole took a slide. Nevertheless, traction was quickly regained once the world started to open up once again, and the state set a personal best for betting volume as $776m was generated in handle in October 2021. That record was smashed at in January 2022 by $18m.<\/strong><\/p>\n\n\n In 2023, the handle peaked in January at $772.2m, though this dropped to $599m in February.<\/p>\n\n
Sports Betting Revenue & Taxation in Pennsylvania<\/h2>\n \n\n
\n 2017 was a big year in the legalization process of sports betting in Pennsylvania. Once the Supreme Court overturned PASPA in 2018, the state moved quickly to open up their first retail sportsbooks. The online launch then came in May 2019.<\/strong><\/p>\n\n\n Legalizing sports gambling in the state was not a quick and easy process, however, with lawmakers battling hard over a number of key issues including tax rates. They eventually settled on HB 271, arriving at two key points regarding revenue and taxation:<\/p>\n\n
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Applicants must pay a one-time $10m licensing fee for sports betting.<\/p>\n <\/div>\n <\/div>\n <\/li>\n
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Sports betting revenue is subject to a 36% tax rate.<\/p>\n <\/div>\n <\/div>\n <\/li>\n <\/ul>\n <\/div>\n<\/div>\n\n
\n Pennsylvania\u2019s sports betting tax rate is the second-highest among states that have legalized sports betting in the US. Only Rhode Island\u2019s (51%) is higher.<\/p>\n\n
Best Sports Betting Apps in Pennsylvania<\/h2>\n \n\n
\n Thanks to modern technology, you can now take your favourite betting sites with you wherever you go! Here's our list of the top sports betting apps available in Pennsylvania, which also double as mobile derivatives of their desktop counterparts described above.<\/p>\n\n
\n 1. DraftKings\n <\/h3>\n \n\n
\n America's most popular sportsbook also boasts an impressive mobile app that can be downloaded by bettors across the 17 states <\/strong>where it is available. The app is highly regarded for its user-friendly interface, making it easy to navigate access any features you need, especially if you're a fantasy sports enthusiast. Additionally, there are plenty of lucrative promotions to take advantage of.<\/p>\n\n\n 2. BetMGM\n <\/h3>\n \n\n
\n BetMGM\u2019s mobile app sits among the very best available to US bettors. It possesses everything you\u2019d want from a betting app, being laden with features and extremely easy to use. Markets are updated by the second, which aids the live betting process, but some have complained over the app\u2019s lag time on occasions. While not a major issue, slow loading times can be somewhat frustrating.<\/p>\n\n
\n 3. FanDuel\n <\/h3>\n \n\n
\n There\u2019s very little difference between FanDuel\u2019s mobile app and website. All banking, betting and personal options are available, as well as the bookmaker\u2019s sportsbook promotions. It\u2019s just on a smaller screen, so there are some structural differences. The app is available to download on both iOS and Android and has proven to be a very popular among bettors in America.<\/p>\n\n
\n 4. Borgata Online\n <\/h3>\n \n\n
\n Bettors can download Borgata\u2019s casino and sports mobile apps, but we\u2019re going to focus on the latter. All components of the website have been neatly condensed onto the app, with boosted bets offered daily.<\/strong> Their live coverage is regarded as one of the very best, with plenty of popular payment methods accepted by the bookmaker.<\/p>\n\n\n Here are some of the most common sports betting promotions offered by bookmakers licensed in Pennsylvania:<\/p>\n\n
\n Deposit Match Bonus\n <\/h3>\n \n\n
\n This is a common new customer promotion offered by America\u2019s leading bookmakers. A deposit match bonus involves the bookie matching your first deposit in bonus bets.<\/p>\n\n
\n This matching bonus, however, will almost always have a limit.<\/p>\n\n
\n In most instances, the bookie will match a certain percentage of your deposit, so it\u2019s worth checking out which bookmakers boast the most generous offer of this kind before signing up.<\/p>\n\n
\n No Deposit Bonus\n <\/h3>\n \n\n
\n A no deposit bonus is common among casinos, but some sportsbooks also offer this promotion for new customers.<\/p>\n\n
\n It\u2019s rare because there\u2019s less risk involved from your perspective, and the bookmaker is instead the one laying down their cards. With a no deposit bonus, you receive your bonus, whatever the amount may be, without depositing any funds or placing a bet.<\/p>\n\n
\n It\u2019s free cash to play with, in essence.<\/p>\n\n
\n Enhanced Parlays\n <\/h3>\n \n\n
\n Imagine a parlay, just with better odds. What\u2019s not to like, eh?<\/p>\n\n
\n Parlays are incredibly popular among all sorts of bettors, and the addition of enhanced parlays to the repertoire of many bookmakers has only increased their popularity.<\/p>\n\n
\n Enhanced parlays give you better odds for your bet, thus offering bigger returns. Typically, parlays with more legs will generate a greater enhancement compared to safer combo bets, where the boost could be small.<\/p>\n\n
\n Money-Back Betting Offers\n <\/h3>\n \n\n
\n Another common new customer offer, money-back betting offers gives you a certain degree of security when placing your first bet with a bookmaker.<\/p>\n\n
\n Should your bet lose, bookies boasting this promotion will then hand back your stake either via real cash or bonus bets. Real cash is more desirable, of course.<\/p>\n\n
\n However, money back promotions aren\u2019t limited to new customer offers, so they come in all shapes and sizes. For example, if you bet on a team to win a soccer match and it ends 0-0, some bookmakers might offer a \u2018Bore draw\u2019 refund.<\/p>\n\n
\n Boosted Bets\n <\/h3>\n \n\n
\n Pretty much every bookmaker offers boosted bets to some degree. For US bettors, there are little to no drawbacks, although the boosted odds may convince some to put down bigger stakes, which can be dangerous.<\/p>\n\n
\n Nevertheless, bookies may implement stake limits to ensure bettors don\u2019t benefit too much from their generosity.<\/p>\n\n
\n Bookmakers will typically offer more pre-match boosted markets, but some will also offer live boosted odds.<\/p>\n\n
\n Parlay Insurance\n <\/h3>\n \n\n
\n Parlays are immensely popular, despite their difficulty, and there\u2019s nothing more heart-breaking in sports betting when one leg of your parlay lets you down and you walk away with nothing. That dream holiday of yours dashed in an instant.<\/p>\n\n
\n While parlay insurance doesn\u2019t turn your losing parlay into a winner, it does offer some mitigation. If one selection of your parlay lets you down, this promotion will often return your stake.<\/p>\n\n
\n It\u2019s a consolation prize, but it\u2019s better than nothing.<\/p>\n\n
\n Existing Customer Betting Offers\n <\/h3>\n \n\n
\n New customers help build up a bookmaker, but keeping existing users happy ensures a bookie can operate long-term. Crucial to the retainment of customers are the existing betting offers that function as a solid foundation within the bookie\u2019s system.<\/p>\n\n
\n These promotions can range from mere boosted bets all the way up to exclusive VIP experiences. The lucrativeness of the reward doesn\u2019t really matter, however, especially among novice bettors.<\/p>\n\n
\n Some users might fancy signing up to a bookmaker just before a major sporting event, such as the Super Bowl. Thus, bookies will often offer new and exciting promotions dedicated to that event to entice more new customers. These promos are typically unique, and are an excellent way of not only bringing new bettors in, but retaining the interests of existing customers.<\/p>\n\n
Popular Types of Bets<\/h2>\n \n\n
\n Here are some of the most popular types of bets that Pennsylvania bettors make on a variety of sports.<\/p>\n\n
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