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Rhode Island Sports Betting – Is it Legal? Best RI Sportsbooks 2021

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Since it was legalized three years ago, Rhode Island sports betting has been fully embraced. Although real-money online casinos in Rhode Island remain strictly off-limits, sports betting is thriving.

Is sports betting legal in Rhode Island? We’ll give you a full picture of the legal framework, as well as review the 10 best Rhode Island Sportsbooks.

The Best Rhode Island Sports Betting List 2021

Before we tackle the rules and regulations around online betting in Rhode Island, we would like to reveal the 10 best sportsbooks for Rhode Island sports betting:

  1. MyBookie – Best overall Rhode Island sports betting site for 2021
  2. Bovada – Great Bitcoin welcome bonus for new players
  3. BetOnline – Best site for NBA betting in Rhode Island
  4. Sportsbetting.ag – Great Rhode Island sports bookmaker for early odds
  5. BetUS – Super Rhode Island sports betting app
  6. Intertops – Best sports betting site in Rhode Island for new players
  7. BetNow – Best Site for Off Track Betting Rhode Island
  8. 5Dimes – Good Rhode Island sports betting site for fast payouts
  9. XBet – Renowned sports bookie for college football
  10. Betany Sports – Excellent Rhode Island sports betting site for favorable odds

Best Rhode Island Sportsbooks Reviewed

Now, you have a clearer understanding of how the gambling laws work in Rhode Island, let’s take a deep dive, and review our top 5 Rhode Island sports betting sites.

1. MyBookie – Best overall Rhode Island sports betting site for 2021

Held in high esteem, MyBookie is one of the most complete sports betting sites, and our detailed analysis has shown it to be the top choice. Most sports are covered in extensive detail, and you can readily get odds on everything from the NFL to the Olympics, and you will be able to find a day-to-day guide of upcoming events.

Once you enter the main sportsbook, the page is divided into featured bets, live, and Top Bets sections. With the Top Bets, gamblers will be drawn to a whole host of lines that have been handpicked by MyBookie, and they will usually be aligned with Moneyline wagers.

One of the standout features of the site, is the very rewarding welcome bonus. The site offers 50% of your initial deposit up to a maximum of $1,000. The Refer your Friends scheme will also be tempting, as you will get a 250% matched bonus up to a maximum deposit of $250 if you share a link via SMS or email, and you can convince your friends to sign up.

MyBookie takes the security of its players very seriously, and the latest SSL (Secure Socket Layers) have been installed, so no stone is left unturned. When it comes to Rhode Island sports betting, MyBookie should be your first port of call.

MyBookie has a wealth of sports betting options available

Pros

  • Generous welcome and reload bonus
  • Refer your Friend scheme
  • Plenty of cryptocurrency payment options
  • Live betting platform

Cons

  • Could have more markets for some sports

2. Bovada – Great Bitcoin welcome bonus for new players

Bovada continues to go from strength to strength, and it is one of the slickest betting operators around. If you enjoy NBA betting, you will be able to easily locate plenty of prop markets, as well as futures, and it holds sway in the Rhode Island sports betting community.

Whether you wish to bet on the ‘Moneyline’, or other futures markets such as draft picks during the regular season or who will win the NBA Championship in the 2021/22 season, Bovada has it all.

However, what caught our eye was the impressive Bitcoin bonus which consists of a 75% matched deposit up to a total of $750 for your first wager, and you will need to insert a promo code to qualify for it.

Bovada has a rather neat mobile app that makes it easy for players to wager while on the go, and it will suit all types of bettors.

Bovada is stacked with NBA odds for bettors

Pros

  • Great NBA odds for regular and post-season games
  • Competitive Bitcoin welcome bonus
  • Requested Bets section
  • Easy to register
  • Mobile app

Cons

  • Customer support options limited

3. BetOnline – Best for NBA online betting in Rhode Island

With over 20 years of experience as a sportsbook, BetOnline is a go-to site for placing NBA wagers. It is a popular betting avenue for indulging in specials markets, such as who will be named the NBA Rookie of the Year for the 2021/22 campaign, as well as who will finish the 2021/22 campaign as the NBA regular season MVP.

Aside from being a favored site for NBA betting, NBA draft betting comes into its own, and you can also locate prices for college basketball.

BetOnline has a well-oiled mobile app that is compatible for both Android, and iOS users, and you can play casino games there too which is a boon for Rhode Island bettors. Of the innovative features at BetOnline, we rather like the ‘If Bet’ section, whereby you can wager on your first selection, and if it wins, then you will be able to wager an amount up to the original win amount.

Also, parlays and teasers are commonplace at BetOnline, and it has helped transform sports betting in Rhode Island.

BetOnline holds its own for NBA betting

Pros

  • Bet on NBA futures and the NBA draft
  • ‘If Bet’ feature
  • Parlays, teasers, and in-game betting
  • Mobile app suitable for iOS and Android users

Cons

  • Mobile app looks rather dated

4. Sportsbetting.ag – Trusted Rhode Island sportsbook for betting on soccer

Sportsbetting.ag is an agile, and versatile site especially when it comes to releasing odds early ahead of games. But it has also built a reputation as one of the best soccer betting sites around, and bettors can place wagers on all of the top European leagues.

Although at first glance, the site appears to be basic, and drab from a design perspective, you should not be fooled, Indeed, you will be well looked after when it comes to placing soccer bets.

Aside from brilliant pre-game prices, you can also locate soccer specials that may not be ordinarily found elsewhere. This includes whether newly-promoted Watford will finish the season by amassing Over/Under 36.5 points.

If that wasn’t enough to whet your appetite, you can also find a generous welcome bonus of up to $1,000 with a 250% deposit match. In addition, you’ll get a free in-game bet worth $25 every time you replenish your account. Sportsbetting.ag also accepts most major cryptocurrencies for depositing funds into your account, including Bitcoin, Ripple, and Stellar.

 

SportsBetting.ag Free Money Promo

Pros

  • Extensive range of soccer markets to bet on
  • Live in-game betting available
  • Welcome bonus of up to $1,000
  • Accepts most major cryptocurrencies

Cons

  • No live streaming service

5. BetUS – Brilliant Rhode Island sports betting app for special features

Nowadays, bettors want a truly immersive, and enriching gambling experience. Those that go the extra mile will be appreciated, and BetUS has been ahead of the curve when it comes to dishing up special features. Among those include the last-minute bets section, where bettors can scramble looking to play a quick wager before the in-play markets open.

BetUS is self-proclaimed when selling itself as being America’s favorite sportsbook for over 25 years, and Rhode Island players can access a live streaming service if they have a registered account.

Navigating your way around the site is straightforward, and for crypto-based players, they can treat themselves to an eye-catching welcome offer. BetUS’ crypto promo code consists of a 150% bonus, which incorporates both the sport and casino arms of the site.

The site design is very striking, and you will be able to make deposits using the latest cryptocurrencies, including Ethereum, and Litecoin. BetUS is one of the best online sports betting Rhode Island sites.

BetUS can help facilitate some last-minute wagers

Pros

  • Wide range of cryptocurrency payment options
  • Trusted American sportsbook
  • Core features, including last-minute bets
  • Well designed website

Cons

  • Limited markets for some sports compared to its competitors

Rhode Island Betting Sites Comparison

Now, we have examined the best Rhode Island sports betting sites, we will now illustrate the bonus they offer, as well as payment methods in this eye-catching table.

Sportsbook Bonus Promo Code Available Markets Live Streaming Payment Methods
MyBookie 50% deposit match up to $1,000 25% Reload bonus up to $500 MYBY 50 MYBY25 Basketball, boxing, eSports, horse racing, soccer, and more Yes Credit card, debit card, wire transfer, Bitcoin, Bitcoin Cash, Ripple, Ethereum
Bovada 75% Bitcoin deposit match up to $750 BTCSWB750 Aussie Rules, badminton, baseball, football, golf, and more Yes Credit card, debit card, Zelle, Bitcoin, Bitcoin Cash, Litecoin
BetOnline 50% deposit match up to $1,000 25% Reload bonus up to $250 BOL1000 LIFEBONUS Aussie Rules, badminton, boxing, field hockey, snooker, and more No Credit card, debit card, wire transfer, money order, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple
Sportsbetting.ag 50% deposit match up to $1,000
25% reload bonus up to $250
SB1000
FORLIFE
Baseball, basketball, NFL, golf, soccer, tennis No Credit card, debit card, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple
BetUS 50% deposit match up to $200
100% deposit match up to $100
200% deposit match up to $50
ROOKIE50
ROOKIE100
Rookie 200
NFL, baseball, ice hockey, tennis, and more Yes VISA, Mastercard, AmEx, Bitcoin, Bitcoin Cash, Skrill

Is Sports Betting Legal in Rhode Island?

Sports betting in Rhode Island was written into law in June 2018 by Governor Gina Raimondo after she signed off on a $9.6billion state budget, although it was a further five months before the state accepted its first sports wager. Until bettors were permitted to place wagers online, all legal sports bets in Rhode Island took place in person.

The state, however, did away with in-person sign-up requirements during the summer of 2020. Now, customers must be at least 21 years or older can register for a mobile betting account, and they can bet anywhere within state lines.

Mobile sports betting became legal as of March 2019 due to legislation that was signed into law by Governor Raimondo, and the Rhode Island Lottery is responsible for overseeing all facets of sports betting in Rhode Island.

Online Sportsbooks

As sports betting has been in operation for three years now, bettors are almost spoilt for choice as to where to play. Currently, SportsBetRI.com is the official, and only legal online sportsbook that is fully regulated in Rhode Island, and customers can sign up to the site or download the app for iOS, and Android.

The overhaul of the online sports betting laws in 2019 paved the way for customers to bet on sports anywhere within the state. Although the Twin River Casinos were allowed to assume full control of mobile betting following its agreements with IGT, and William Hill, it seems unlikely that DraftKings and Fanduel will join the online sports betting Rhode Island scene anytime soon.

Betting at offshore sports betting sites isn’t discouraged, and among the sportsbooks you can play at in Rhode Island, include:

  • Bovada
  • Sportsbook RI
  • William Hill
  • MyBookie
  • BetOnline

Land-based Betting

While online gambling was initially something of a hard sell for state governors, land-based betting has gained traction. At the two land-based casinos, they offer a smorgasbord of table games, such as craps, roulette, blackjack, and poker, but inevitably there will be some form of sports betting. You will be able to bet on a wide range of sporting events, including the Super Bowl, and the NBA Finals. William Hill manages the sportsbook side for the state’s two casinos, and they are adept at taking wagers.

Only permitted gambling activities are allowed to take place at brick-and-mortar casinos, and the Rhode Island Lottery has made every effort to keep things under control.

However, the majority of statues at land-based betting sites are aimed at operators as opposed to players. The two casino sites you can play at are:

  • Twin River Casino in Lincoln
  • Tiverton Casino Sportsbook

Horse Racing

The horse racing industry burst into life when Narragansett Park opened in 1934. Originally, it was the most profitable race track in the country, and when Lincoln Downs opened its doors to bettors in 1947 to expand the offering of horse racing, it was thought they would be the lifeblood of the state. However, both tracks shut their doors in the 1970s, and there are now no tracks in the state to watch live horse racing.

Nevertheless, keen horse racing fans can place wagers on the biggest races, including the Kentucky Derby, via mobile or alternatively, they can bet in-person at Twin River Casino or Tiverton Casino.

The Rhode Island sports betting bill doesn’t explicitly authorize advance deposit wagering (ADW), but there have been no concrete plans to desist horse racing betting sites from allowing bettors to place wagers.

Timeline of Sports Betting Legislation in Rhode Island

Rhode Island has a rich heritage when it comes to sports betting, and the origins of wagering date back to 1934 when bettors were permitted to bet on horse racing, and greyhound racing. At the time, racing was viewed as the only legal form of gambling up until 1973 when lawmakers introduced a state-run lottery for the first time.

Of course, sports betting has generated a lot of money in the past three years, and the two retail locations for sports betting – Twin River Casino, and Tiverton Casino – have helped the Ocean State collect more than $623million in bets.

While it took some time for sports betting legislation to be approved, how did we get to this point? Rhode Island has moved from a retail-betting model to a more mobile-focussed betting state. Here, we will pinpoint the defining moments that helped put sports betting in Rhode Island on the map:

  • June 22, 2018: Governor Raimondo approves sports betting in Rhode Island by signing the bill.
  • November 26, 2018: Twin Rivers Casino in Lincoln becomes the first casino to accept a sports wager. Rhode Island then tries to figure a way of expanding its sports betting options.
  • March 2019: Governor Raimondo adds mobile sportsbooks to part of the regulated sports gaming market.
  • September 4, 2019: Sportsbook Rhode Island (SRI) launches its mobile app. Bettors initially had to wager in person, but after that, they are told they can bet anywhere in the state.
  • July 2020: In-person sign-up requirements that were previously written into the law, are scrapped.
  • September 2020: Online sports wagers in Rhode Island, surges by more than 230%.

Offshore Betting in Rhode Island

Although the authorities take a dim view of online casinos, and they are yet to be legalized, social casinos have proved to be rather popular. With no official governing body monitoring their activities, offshore casinos are considered to be risky.

However, when it comes to sports betting, offshore betting sites are well endowed with the latest markets for US sports, and although the two aforementioned state casinos provide sports betting options, using offshore betting operators is the preference of many Rhode Island residents. We expect this to be the case for some years to come, especially as some offshore betting sites are well equipped with mobile play, and are very secure.

Are Daily Fantasy Sports Legal in Rhode Island?

Daily fantasy sports have been instrumental when it comes to sports betting in Rhode Island. In 2016, Rhode Island Attorney General Peter F.Kilmartin ruled that daily fantasy sports were legal under state law.

While daily fantasy sports had sparked debates in other states, the Attorney General’s office carried out tests to predetermine the nature of DFS sites, and whether there was more skill or luck involved. However, the Attorney General claimed DFS met the state’s definition of gambling, as it was a 50/50 mixture of luck and skill.

As DFS were viewed as “games of chance”, they, therefore, don’t contravene any element of Rhode Island gambling laws. A full review of the statutes was carried out, and DFS sites have helped promote the transparency of online betting sites.

DraftKings and Fanduel are considered to be highly respected DFS sites, and Rhode Island residents can enjoy DFS without restrictions. Among the top sports leagues that can be played are:

  • Online Daily Fantasy NBA
  • Online Daily Fantasy MLB
  • Online Daily Fantasy NHL
  • Online Daily Fantasy MLS

Casino Laws in Rhode Island

Rhode Island’s gambling laws are rigorous, and there are only two land-based casinos in the state. The state’s casinos will have a plethora of traditional table games, and slot machines to choose from, however, there haven’t been any moves yet to legalize real-money casinos online.

Instead, bettors are advised to use social casinos as a way to get their fix. In the following section, we will take a closer look at the laws of casino betting in Rhode Island.

Online Casinos

If you are looking to play at online casinos, the options will be rather scant. Currently, Rhode Island hasn’t got any immediate plans to legalize the online casino sphere. Social casinos and offshore sites with mobile apps are a more feasible way for players to find online slots to wager on with their mobile phones.

Should real-money casinos become legalized online, Rhode Island bettors will be able to find a stack of games to wager on. including online poker where the rules will run along the same lines as popular card games like Texas Hold’Em.

Land-based casinos

As things stand, Rhode Island only has two land-based casinos to choose from. The casinos in question will dish up a wealth of table games, such as poker, baccarat, and blackjack to keep bettors entertained.

The casinos, which also double up as fully operational sportsbooks, are as follows:

  • Twin River Casino Hotel, Lincoln
  • Tiverton Casino Hotel, Tiverton

Gambling Tax in Rhode Island

Since 1989, Rhode Island lottery and pari-mutual winnings from gambling are tax-deductible, and the onus is therefore on bettors to declare any winnings when they file their online tax returns. Winnings from betting is considered income, and federal and state taxes are levied. If winnings exceed a certain threshold, usually above $600, then you will have to pay more in tax.

The higher your income, the more tax you will have to pay, and gamblers may slide into a higher tax bracket if they earn more money from gambling.

Each state sets its own tax rules, and tax rates are built with the sole purpose of trying to generate enough revenue to make sports betting in Rhode Island worthwhile.

But with Rhode Island sports betting, tax rates for betting operators are unusually high compared to other states, as they have to pay 51% of their revenues in tax. In Rhode Island, taxes are split between the state, casinos, and operators.

Conclusion

Online sports betting has soared in popularity in Rhode Island, and it has continued to make waves. Since sports betting was legalized three years ago, Rhode Island residents have access to some of the finest sportsbooks around, and those that have mobile apps, and are fully licensed, carry favor.

So, what are you waiting for? Get started with MyBookie today, and claim your $1,000 welcome bonus.

FAQs

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Charles is an experienced freelance writer who specialises in iGaming and sports, producing informative and engaging content that resonates with a digital audience. This includes news articles, tips, as well as sportsbooks reviews.