Sports Betting in Texas
Not LegalLast verified: April 2026
Quick answer: Online sports betting is not legal in Texas, but 6 CFTC-regulated prediction markets and 4 peer-to-peer sweepstakes exchanges remain available under separate regulatory frameworks.
Licensed Sportsbooks
Not available. Online sports betting is not legal in Texas. Biennial legislature. Legalization repeatedly stalled. Competing casino expansion interests (Las Vegas Sands) complicate progress.
Prediction Markets
Federally regulated by the CFTC. Trade event contracts on an exchange model — separate from state-licensed sportsbooks. Federally available: prediction markets remain legal in Texas under federal CFTC regulation, even though traditional online sportsbooks are not authorized.
Peer-to-Peer Sweepstakes Exchanges
Dual-currency model. Trade directly against other users instead of against a sportsbook.
Legislative Status
Biennial legislature. Legalization repeatedly stalled. Competing casino expansion interests (Las Vegas Sands) complicate progress.
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