Sports Betting in Illinois
Fully LegalLast verified: April 2026
Quick answer: Illinois bettors have access to 10 licensed sportsbooks, 3 CFTC-regulated prediction markets, 4 peer-to-peer sweepstakes exchanges.
Licensed Sportsbooks
State-licensed regulated sportsbooks. Operator tax rate: Up to 40%. Online betting legal since June 2020.
Prediction Markets
Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks.
Peer-to-Peer Sweepstakes Exchanges
Dual-currency model. Trade directly against other users instead of against a sportsbook.
Legal Status
One of the largest and most heavily taxed markets. Progressive tax structure increased as market matured.
Online sports betting has been legal in Illinois since June 2020.
Tax Information
Progressive tax up to 40%, plus per-bet excise tax ($0.25 first 20M wagers, $0.50 above).
College Betting Restrictions
No in-state college bets. No college player props.
Legislative Timeline
- May 2018PASPA struck down by SCOTUS
- June 2019SB 690 signed by Gov. Pritzker
- March 2020Retail sports betting launches
In-person registration required for online accounts.
- June 2020Online sports betting launches
Online registration enabled during pandemic.
- July 2024Progressive tax up to 40%
Becomes one of the most heavily taxed sports betting markets.
How DawBets Helps Illinois Bettors
DawBets compares odds across every sportsbook available in Illinois in real time. Instead of checking each app individually, see all prices side-by-side and always place your bet at the best available line.
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