It’s official: Bet365 launched in Indiana, which makes it the 8th state for the US operator. As of Jan. 31, eligible sports bettors in the Hoosier State can set up a Bet365 account and place their bets. Bet365 is the 13th online sportsbook in the state.
As every Indiana online sportsbook needs an in-land partner to enter the market, Bet365 teamed up with French Lick Resort-Casino.
What can Indiana sports bettors expect from the Bet365 sportsbook app?
Bet365 exists in Colorado, Iowa, Kentucky, New Jersey, Ohio and Virginia. Before Indiana, Bet365 entered its seventh state, Louisiana in November.
As part of the launch in Indiana, Bet365 is offering players in the Hoosier State a choice of two welcome offers. Bet365 announced on X, eligible players (21+) can select from one of two exclusive welcome offers:
“New Indiana customers will have the option of choosing between two open account offers. A first bet safety net up to $2,000 or bet $5 and get $150.”
Players can take advantage of a “bet safety net” of $2,000 in bonus bets. If the bet loses, players will have their wager refunded in Bonus Bets.
The second bonus gives an option of $150 in bonus bets for wagering $5. For both offers, players have to set up an account, make a deposit of a minimum of $10 and claim the bonus.
In addition to the welcome bonus, Bet365 members can enjoy great site features, like a same-game parlay, cash out and edit bets. The operator also offers bet boosts and super boosts on various sports and leagues, as well as same-game parlay profit boosts. Bet365 spokesperson said:
“At Bet365, we don’t do ordinary and, as the home of the country’s first professional baseball game, ‘The Greatest Spectacle in Racing’, and a rich basketball history, neither does Indiana.
New and eligible sports fans in the Hoosier State, renowned for their passion and loyalty, can enjoy the Bet365 experience featuring market-leading offerings like amazing Bet Boosts, the fastest in-game product and unique same-game parlays.”
As mentioned in a post by Steve Schult at PlayIndiana, Bet365’s deal was made possible in collaboration with the $600 million historic restoration and casino development, the French Lick Resort-Casino.
Indiana sports betting market steeped in competition
Bet365 will now compete against the steep competition in Indiana, including DraftKings, FanDuel, Caesars Sportsbook and BetMGM.
DraftKings was the top performer in terms of betting handle (total bets) in December, generating $177.9 million.
According to the Indiana Gaming Commission’s December report, gambling in Indiana topped $503 million, a 2.05% monthly decline but representing a 16.6% yearly progress.
As a result, sports betting AGR was $50.64 million last month, a 64.80% monthly increase and an 18.52% annual rise.