Montana Lottery Sports Betting

Montana Sports Betting Laws. Sports betting in Montana became legal when Governor Bullock signed HB 725 into law. Under this measure, the state lottery regulates the sports betting industry, which is available both through online options. Under HB 725, sports betting became legal in the state of Montana, in which bettors can use the Lottery’s online sportsbook to wager. The lottery oversees the industry and will allow you to place wagers whenever you wish via its online app.

HELENA — The Montana Lottery Commission has approved the types of bets that will be available when legal wagering on professional and collegiate sporting events begins.

In addition, lottery officials said the installation of betting terminals could begin as soon as next month.

Montana lottery sports betting parlay

Sports Betting Laws. Montana legalized sports betting in 2019 through HB 725 to give the MT Lottery sole authorization to operate sports betting kiosks. Governor Steve Bullock vetoed a separate bill that would have created a competitive market in which commercial enterprises could have placed sports betting kiosks at authorized bars and taverns. Sports betting is live in Montana. Ten crews from the Montana Lottery and its vendor, Intralot, pre-positioned around the state Tuesday and started installing betting terminals and training people.

Under the decision Wednesday, betting will be allowed on basketball, baseball, ice hockey, football, soccer, tennis, boxing/mixed martial arts, golf and motor sports.

Sports Bet Montana will allow wagering on head-to-head events with or without a point spread; over/under bets on the total score of a contest and in-game betting on specific events. It will also accept parlay bets; bets on specific outcomes, such as a hole-in-one at a golf tournament; and future wagering such as betting on a team to win a series or a championship.

Sportsbooks In Montana

The maximum bet allowed at a kiosk, where only cash bets can be taken, is $250, lottery officials said. People can bet up to $1,000 via an app while inside a licensed location by creating an account tied to their bank account. Credit betting is not allowed.

Under the rules, the maximum payout on a single bet is $100,000.

Montana Lottery Sports Betting

The lottery has received about 230 applications for sports betting licenses and had issued 113 through Wednesday, including 16 in Billings, 11 in Missoula and 10 each in Helena, Great Falls and Butte.

Montana Lottery Sports Betting Odds

Betting

The Montana Lottery expects to begin installing betting terminals at licensed locations during the week of March 9, officials said. Once employees at the locations have received training, the terminals will become operational. Officials declined to say how quickly that might happen.

Montana Lottery Sports Betting Results

The Montana Legislature approved the sports betting law in 2019, a year after the U.S. Supreme Court struck down a federal law that prohibited most states from authorizing sports betting. The court said it was up to the states to make their own laws.