Sports betting is also known as a form of gambling where you place a certain amount of money on a predicted outcome of a sporting event. It is usually done for the purpose of earning additional money. Sports betting can only have two outcomes: you lose the money you wagered or you win a profit if your bet was right. This form of betting is also done in the entertainment industry for example, who will be the winner of this season’s ‘The Bachelor’. There are also organizations and establishments that cater to sports betting services called bookmakers or betting agencies.
Compared to gambling at a casino, the outcome of you winning a bet cannot be measured as it can only be estimated. Sports betting requires good research and patience given that you are only predicting the probability of your preferred outcome.
Sports betting was legalized in early of 2019, both in retail and mobile competitions. Unfortunately, due to the global pandemic caused by the Coronavirus, the opening of legal sports betting places in Washington has been delayed. Gambet DC, an online platform for legalized sports betting, is the only available program for those who still want to be involved in bettings during this time. Given that the geofencing rule is not applicable for this application, the sport-better within DC is able to use this platform. Regarding the taxes that are involved, all taxes are set at 10% on all revenue, even for online or internet sport betting.
Yes! Although there are no actual places like casinos for land-based sports betting, there are specific locations where there are kiosks that cater to that. Similar to buying a movie ticket, customers, in this case sports-betters, fall in line and then place their bets for the game/s they have been eyeing on. During the cases that you win a bet, you go back to the kiosk to check-out the amount of revenue you have won.
Other locations, like stadiums, hold a legal sports betting room or facility inside as a game is about to start. This is open for everyone who wants to participate as long as you are 18 years old and above. Self-service kiosks can also be found near a lot of stadiums and places around DC that are very easily accessible.
As said, online sports betting is very much legal in Washington, DC. as there are online platforms where customers can gamble on the games that they prefer. Although there are specific rules that apply to online sports betting, general rules like age limit are the same as on-site based sports betting. DC Lottery is one of a few operators that can be used for placing bets online. In this sportsbook app, you can sign up and use the platform to place your specific bets. The only condition is that the user should be within Washington, DC to use the application.
Audi Field is a soccer stadium in Washington, DC. It is also known as the home stadium of D.C. United, a Major League Soccer team as well as the location where Washington Spirit of the NWSL holds some of their matches. It was officially opened on the 9th of July 2018 and currently has the address of 100 Potomac Avenue SW. The location can hold around 20,000 people and is now able to take bets on the games that are currently happening within the grounds. Given that D.C. United has Caesars Entertainment as their official operator, Caesars now runs the Audi Field’s retail sports betting along with the platform they have online of the facility.
Similar to the capacity of Audi Field, Capital One Arena is an indoor area that can also hold 20,000 people at maximum whenever sports events and occasions are done within the grounds. Found in the Penn Quarter neighborhood of D.C., this location is considered to be one of the reasons for the revitalization of Washington’s Chinatown neighborhood. Capital One Arena is also the home of National Hockey League team Washington Capitals, Washington Wizards of the NBA, as well as the men’s basketball team of Georgetown University. Therefore, whichever team you are rooting for, you can legally place your bets on the different games and other competitions that are held in this arena.
Nationals Park is a baseball field located within the Navy Yard and the Anacostia River in Washington, D.C. With a capacity of 41,339 people, the grounds is the home base of the Washington Nationals, a professional baseball team. It is also the first LEED-certified green building in professional sports stadiums within the United States. An area for sports booking has been set up inside the stadium where they accept bets and wagers on the games that happen within the premises. Seeing that opening an onsite location where people can place their bets would be a hit, the owners of Nationals Park decided to put their plans into action adding to the overall experience customers will get when they watch different games.
This multi-purpose events facility is found within the St. Elizabeths East Campus in Congress Heights and is the home base of the Washington Mystics, a Women’s National Basketball team and the Capital City Go-Go of the NBA G League. It is also sometimes used as the practice location for the Washington Wizards of the National Basketball Association. St. Elizabeths East Entertainment and Sports Arena officially opened on the 18th of September 2018 and can hold a capacity of 4,200. Although the facility is mostly used for basketball games, Events DC, the operator of the arena, plans to also host events, concerts, and other occasions within the grounds. Similar to the places mentioned above, a sports betting area is open within the premises where fans can line up to and bet on their favorite teams.