If you are looking to play at an Illinois sportsbook, there are a few things you should know before you start playing. Before you deposit your money at an Illinois sportsbook, you should learn what kinds of sports events they accept. If you live in Illinois, sports betting is allowed for collegiate and professional sports, as well as motor race events. However, some events require special approval from the state gaming board, such as eSports and one-off events. The minimum cashout amount at an Illinois sportsbook is typically $5 to $20, or $300 or more, and you can use a variety of payment methods to deposit your funds.
Before legal sports betting in Illinois was allowed to take place, the state had a limited number of brick-and-mortar sportsbooks. The implementation of HB 3136 allowed in-state college teams to have sports betting in their state. This made it difficult for residents to place their bets on their favorite college sports teams, such as Northwestern University or Illinois State University. However, a few brick-and-mortar sportsbooks opened in March 2020, just one week before Gov. J.B. Pritzker shut down Illinois casinos.
The Illinois sports betting market has experienced a significant amount of uncertainty since the state passed its capital bill in 2018. After years of lobbying by special interests, this state finally opened its sports betting market in 2018. However, the future of this market has been delayed as lawmakers had to deal with tricky branding rules and regulations. The legislation also included a self-exclusion program for individuals with gambling problems. A lot of time and money have been spent figuring out the best way to operate an Illinois sportsbook.