Looking to add a little excitement to your sports viewing by betting on the outcomes? Here’s what you need to know about legal sports betting in Mississippi.
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What is sports betting?
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and illegal, underground dog fighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards.
What is the legal age to bet on sports in Mississippi?
The legal age to bet on sports in Mississippi is 21.
Where can I bet on sports in Mississippi?
betting on sports in Mississippi is only legal at casinos located within the state. There are several brick-and-mortar casinos that offer sports betting, as well as a few online sportsbooks. However, it is important to note that only people physically present in the state of Mississippi can bet on sports through these outlets.
What types of bets can I make on sports in Mississippi?
In Mississippi, you can bet on the following types of sports:
-Pro football
-College football
-Basketball
-Baseball
-Hockey
-Golf
-Tennis
-Boxing
-Mixed martial arts
How do I know if a sportsbook is safe to bet with in Mississippi?
When looking for a safe and legal sportsbook to bet with in Mississippi, there are a few key factors to look for. First, make sure the sportsbook is licensed and regulated by the Mississippi Gaming Commission. Second, check to see if the sportsbook is a member of the National Council on Problem Gambling. Finally, look for reviews from other bettors to see if they have had a positive experience with the book.
What are the taxes on sports betting winnings in Mississippi?
In Mississippi, the tax rate on sports betting winnings is 12%. So, if you bet $100 on a game and win, you’ll owe the state $12 in taxes.
The Mississippi Gaming Commission will issue licensees a Mississippi W-2G Form for more information about the taxes that are withheld from sports betting winnings.
Conclusion
We hope this guide has given you a good understanding of the landscape of sports betting in Mississippi. While there are currently no legal options for betting on sports in the state, there are some interesting developments on the horizon that could change this in the near future. In the meantime, we recommend checking out one of the many online sportsbooks that accept players from Mississippi. These sites are safe, legal and offer a great way to bet on your favorite teams and events.