Arkansas Online Sports Betting Promos

For the longest period of time, there wasn’t much legal gambling in Arkansas, however, the state has a rich and extensive gambling history. A century ago, Hot Springs, Arkansas was one of the biggest gambling hubs in the entire nation, showcasing many large illegal casinos as well as off-track betting before it was available in the rest of the country. The only thing left from those halcyon days are the hot springs and Oaklawn racetrack, a seasoned horse track that still has a meet every winter/spring. However, the state’s fortunes have recently changed with the new laws that have opened the doors to a new revenue stream through legal sports betting.

Legal Sports Betting in Arkansas

Before 2018, there were no casinos or sportsbooks in Arkansas. An initiative passed by voters in the state that year gave authorization for four casino licenses to be issued by the Arkansas Racing Commission. Two licenses were given to the existing horse tracks in the state that allowed them to turn into racinos. The other two licenses were reserved for new casinos in two specific counties. Saracen Casino Resort opened as a stand-alone retail casino in September 2019,  whilst Legends Casino is licensed it has yet to be constructed. Since sports betting became legal in Arkansas in 2018, it makes the state one of the first to allow sports betting. Although sports betting was made legal, a person still had to go in physically to place a bet until the beginning of 2022.

Arkansas Online Sports betting

Arkansas mobile sports betting finally became legal with the state legislative approval in February 2022.

Southland Casino Racing was the first operator to launch online sports betting in the state on March 7th, and a sportsbook app on April 26. That hasn’t ushered in any new interest from major sportsbooks like DraftKings, FanDuel, or Caesars likely due to current regulations limiting them to no more than 50 percent of net receipts from mobile sports betting.

Once it’s all said and done, this is a good time for Arkansans since legal mobile sports wagering is now a reality.

Sports bettors can also check out retail sportsbooks at three out of four authorized brick-and-mortar casinos in Arkansas:

• Oaklawn Racing Casino Resort in Hot Springs, which opened in April 2019

• Southland Casino Racing in West Memphis, which also opened in April 2019

• Saracen Casino Resort in Pine Bluff, which opened in October 2020

Each of the operating casinos has a retail sportsbook up and running. Sports betting revenue is taxed at 13%. It should be noted that none of the retail sportsbooks are run by major mobile operators. Instead, the sportsbooks are:

• Oaklawn Race & Sportsbook

• Saracen Casino Annex Sportsbook

• Betly Sportsbook at Southland Casino Racing

Arkansas sports betting sites are few and far between in the Natural State. Only two are currently permitted to operate, and just one has a current promo. New Arkansas sports bettors can now claim the latest welcome bonus from Betly Sportsbook of a $250 risk-free bet.

There are just a few things you need to know before registering:

• This Arkansas sportsbook bonus is only for new Betly customers.

• A minimum $10 deposit and wager are required to make a risk-free wager.

• You must place your first wager on odds of -250 or greater. For example, a bet on -255 odds would void the Betly risk-free promotion.

• If your first bet settles as a loss, Betly will promptly award you one free bet equal to the amount of your losing wager, up to $250.

• Winnings from your free bet can be withdrawn. The free bet cannot be withdrawn as cash.

• Your free bet will expire seven days after it has been issued.

Free bet is awarded instantly after you lose your first bet

• Easy to redeem

• Small deposit to get started

• Site credit cannot be withdrawn as cash

• Not as large as sportsbook offers in other states

• The only sign-up bonus in Arkansas

What does a $250 Betly risk-free bet mean for you?

With little competition in Arkansas, Betly’s $250 risk-free bet is one of a kind.

Luckily, all new customers of legal age can claim this offer in Arkansas. Once you’ve deposited (and wagered) the minimum $10, you’ll be eligible for the Betly sign-up bonus.

How much money can you earn with a $250 Betly risk-free bet?

If a new user were to place a $250 wager to maximize the Betly risk-free bet promo, they could earn a sizable payout. Betting on a market with longer odds would net the most significant return. For example, a successful $250 wager on a market with +320 odds would result in $800 in winnings.

This bonus is the best offer because there are no other sportsbook promos in Arkansas, which makes this ‘one and only’ all the more valuable.

Betly doesn’t offer many sportsbook bonuses and promotions at this time. New customers can claim a welcome bonus through the mobile app, and real money bets generate loyalty points.

Sign-up Bonus

The first bet made on the Betly Sportsbook app is 100% risk-free, up to $250. If the bet loses, Betly returns the full stake in the form of free bets, which must be used within seven (7) days. If your free bet is a winner, it will not be included in the returns.

Rewards Program

Real money customers will earn Luck North Club Points for every bet they make on the Betly website or mobile app. One point is generated for every $10 in bets, and users can redeem 100 points for $1 as part of the exclusive Lucky North rewards program. Loyal customers may also receive free play credits and other offers by email.

Ongoing Promotions and Bonuses

Betly runs promotional campaigns sporadically throughout the year. These are available for a limited period, and the rewards can be quite beneficial. For example, the sportsbook can host betting competitions on selected leagues with $10,000 in free bets up for grabs.