Best North Carolina Betting Apps Launching Pre-Reg Bonuses

Article By Chris Spiteri

Last Updated: Mar 1^st, 2024

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Best North Carolina Betting Apps Launching Pre-Reg Bonuses

The North Carolina State Lottery Commission announced Thursday that eight sportsbooks have received online sports betting licenses:

bet365,
BetMGM,
Caesars,
DraftKings,
ESPN BET,
Fanatics,
FanDuel,
Underdog

Starting noon Friday March 1, these North Carolina sportsbooks can accept registrations and deposits ahead of North Carolina's official sports betting launch on March 11. Commission chair Ripley Rand stated, 'This is a major advancement for legal sports betting in North Carolina. From Friday, residents can sign up on their mobile devices, ready to place secure bets on their favorite sports. We're dedicated to a smooth launch in just 11 days.'

How North Carolina Bettors Will Be Able to Participate

When the operators' licenses are confirmed, then North Carolina sports betting enthusiasts can start to sign up to the likes of DraftKings North Carolina Sportsbook, BetMGM North Carolina Sportsbook, ESPN BET North Carolina Sportsbook, and FanDuel North Carolina Sportsbook, where there will no doubt be North Carolina sportsbook promotions aplenty.

Creating Sportsbook Accounts

Here is how you can create a sportsbook account:

First, click "sign up" on the website or app
Make your first deposit
Choose a sport and select a market to bet on
Enter how much you wish to bet and submit your bet slip

Legal Betting Age

North Carolina residents over the age of 21 will be able to bet on professional and college sports
Placing bets can be done by computer, mobile app, or in-person at an approved retail location.

Events Allowed To Bet On in North Carolina

There will be a huge number of sports betting markets to wager on in North Carolina. Some notable ones are the following:

⚽ Football
🏀 Basketball
⚾ Baseball
🏌️‍♂️ Golf
🏒 Hockey
⚽ Soccer
And many more!

How Betting Odds Work For Beginners

American Odds Overview:

Widely used in the US, presented as a triple-digit number with either (-) or (+).
System revolves around A$100 as a baseline.

Negative (-) Odds:

Indicates the amount needed to bet for a A$100 profit.
Example: Betting A$200 at -200 odds yields A$300 in total (stake + profit).

Positive (+) Odds:

Reflects potential profit for a A$100 wager.
Example: Betting A$100 at +200 odds results in A$300 in total (stake + profit) after a win.

Importance Of Responsible Gambling

First-time North Carolina bettors should also bear in mind it is important to practice responsible betting.
Punters should only bet what they can afford to lose, and if they are wagering and the fun stops, they should stop betting.

Comparing North Carolina With Other Legalized Betting States

North Carolina sports betting, distinct from some states like Vermont, lacks restrictions on in-state college games, a boon for the vibrant college sports scene. The state's familiarity with in-person sports betting may provide an edge, with certain locations already allowing it.

A positive for North Carolina lies in the potential revenue generation, with an 18% tax on license holders' gross gaming revenue, surpassing nearby states. Comparatively, Virginia taxes at 15%, and Tennessee taxes based on the betting handle. In contrast, Michigan taxes at 8.4%, while Ohio doubled its tax rate from 10% to 20% within six months of launching in January 2023.

Considering this trend, North Carolina might adjust its rates within the first year, enhancing its revenue prospects.

The Legislative Journey of North Carolina Sports Betting

📆 2019: North Carolina legalized sports betting at tribal casinos through Senate Bill 154, passing with overwhelming support. This paved the way for in-person betting at Cherokee's Tribal Casino Gaming Enterprises and Catawba Two Kings Casino, which became available in 2021.
📆 May 2021: Witnessing a historic moment, the first retail sportsbook, Caesars NC Sportsbook, opened its doors at Harrah’s Cherokee Casino Resort and Harrah’s Cherokee Valley River.
📆 2022: Senate Bill 688 aimed to permit 10-12 North Carolina sportsbooks, but faced opposition. Hopes were high when it reached the House, but in June, a close 50-51 vote delayed the launch of online betting.
📆 2023: Turning the tide, House Bill 347 was signed into law, laying the groundwork for online sports betting. The launch was slated to be in the first half of 2024.
📆 January 2024: There were concerns surrounding issues like underage mobile betting and potential gambling addiction. Addressing these, the North Carolina Lottery Commission meticulously outlined regulations in a comprehensive 256-page document, setting the stage for the upcoming era of sports betting in the state.
📆 Present: North Carolina sports betting is live on March 11th and bettors can take part in a variety of sportsbooks in the state.

Top 5 NC Sportsbooks Expected to Launch Pre-Reg today:

1. FanDuel Sportsbook North Carolina

The Fanduel sportsbook is already recognized in North Carolina for its Daily Fantasy Sports (DFS) offerings, supported by Flutter Entertainment, this platform is accessible in 19 states. Offering an extensive range of bets across multiple sports, along with live betting, it stands as a prominent candidate for the title of the top North Carolina sportsbook.

2. BetMGM North Carolina Sportsbook

Another contender for the best sportsbook in NC. BetMGM North Carolina is active in over 20 states and offers a loyalty program called MGM Rewards. This program lets you earn points from betting, which you can then use for online bonuses or real-world perks.

3. Caesars North Carolina Sportsbook

Caesars has a strong presence in North Carolina with two physical legal sportsbooks. Anticipate the advent of live betting, NFL streams, and a rewards program for local casinos if online sports betting receives legal approval.

4. ESPN BET Sportsbook NC

ESPN BET is the latest PENN Entertainment brand that is now accessible across 17 states, and we eagerly anticipate exploring the brand's offerings and promotions tailored for users in North Carolina.

5. DraftKings North Carolina Sportsbook

DraftKings North Carolina has been offering DFS games in North Carolina for some time. With the legalization of sports betting in North Carolina, its widespread accessibility and added features such as live streaming and live betting on the dedicated North Carolina betting app are poised to make it a highly sought-after choice among enthusiasts.

Looking Ahead: What’s in Store for North Carolina

Unless you're hoping to place a bet on this year's Super Bowl, North Carolina's advance into sports betting looks to be arriving at just the right time.

The tax rate seems to be set at a rate which will generate significant revenue for the Tar Heel state, especially when compared to several other states.

That will then filter down to improving the local sporting landscape, with part of the funding due to go to college athletic departments, youth sports, and go into helping to promote responsible gambling.

The future also looks bright for North Carolina in terms of the sports betting industry.

The state may well be heading into mobile betting at an ideal time, as it will be well established in the next three to five years, when AI, virtual reality and immersive betting experiences could be the norm in the betting industry. It's an exciting time to be a North Carolina sports betting enthusiast, but responsible gambling should be maintained at all times.

Additional Resources

The North Carolina Problem Gambling Program (NCPGP) - provides and supports effective problem gambling prevention, education, outreach and treatment services throughout North Carolina.

North Carolina Problem Gambling Helpline - 877-718-5543

The North Carolina Department of Health and Human Services (DHHS) - also provides a support gambling assistance program More Than a Game:

Phone: 877-718-5543
Text: Send phrase morethanagamenc to 53342
Live chat: morthanagame.nc.gov

North Carolina Education Lottery’s Play Smart program - https://nclottery.com/playsmart-play-smarter

Support Services

The National Problem Gambling Helpline - 1-800-GAMBLER. (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY)
The National Problem Gambling Helpline - (1-800-522-4700) - is available 24/7 and is 100% Confidential.
The National Council on Problem Gambling - Offers text services at 800-522-4700 as well as chat services through their website https://www.ncpgambling.org/help-treatment/chat/
Gamblers Anonymous - An organization that helps individuals recover from gambling problems. 24/7 gambling problem hotline at 855-222-5542.