Betting Guide For Montana Sportsbooks
With plenty of sports to bet on, Montana sportsbooks have become one of the top places for you to get action on. These Montana sports betting sites do a great job in offering odds on a wide range of sports even though they do not have a professional team of their own. These Montana sportsbooks have been offering odds for many years even before regulated betting launched. Aside from the odds that these Montana betting sites have to offer, they have plenty of other benefits for you to take advantage of as well such as promotions, mobile betting platforms, crypto compatibility, and much more.
- $1,000 New User Bonus
- Crypto Betting In Montana
- Odds On College Sports
Is Bovada A Montana Sportsbook I Can Use?
Bovada is regarded as one of the top online Montana sportsbooks to choose from and players in Big Sky Country often use it to place wagers on sports games in a freer manner than Sports Bet Montana can offer. While Sports Bet Montana is geofenced, meaning it cannot be used when you are not on a casino or sportsbook’s property, you can easily access Bovada from Montana and all over the country.
Montana Sportsbook Operators
The top option for full access Montana sports betting, Bovada offers wagering on mobile devices and computers, with no geolocation restrictions in Montana. Bovada even accepts cryptocurrency, both for deposits and withdrawals. Wagers can be placed on teams all over the world, or on teams close to home, making Bovada a top sports betting option.
BetOnline offers a large volume of betting odds to wager on, in addition to accepting a ton of different deposit methods. These factors combine to make it a great sportsbook for wagering on everything from the Super Bowl to the Montana State Bobcats. BetOnline also offers a permanent 25% matching bonus with the code LIFEBONUS.
A simple sportsbook with a heavy focus on providing sharp futures odds, SportsBetting is a great option for line shopping in Montana. They’ve been in the game since 1998, and that experience serves them well, as they’re able to post extremely sharp NFL and NBA futures odds that are often better than what their competitors offer.
Fans of entertainment betting as well as sports betting will be well served by MyBookie, which offers wagering on those sectors as well as politics. Established in 2014, and licensed in Costa Rica, MyBookie is available on iPhones, Android devices, and all manners of computers, from Apple to Windows. This availability is key to its appeal in Montana.
From the Montana Grizzlies to the Rocky Mountain Battlin’ Bears, all of Montana’s college sports are available at XBet. This demonstrates just how much XBet has in terms of available odds - they dig deep to find things that other sportsbooks might not offer. You can use the code XB100 for a matching bonus of 100% on your first deposit.
Benefits Of Using Montana Sportsbooks
- 1. Do not have to be at a physical land-based sportsbook to place wagers.
- 2. The sportsbooks have options to deposit with cryptocurrencies.
- 3. Place wagers on live sporting events while at the event.
Registering For A Montana Sportsbook
All Montana online sportsbook accounts can be created online, and the process is very simple. The process may be slightly different for each Montana sportsbook, but the generic information should all be the same. For Montana betting sites like Bovada, you can start using the online account as soon as you create it and deposit funds.
Information Needed To Register
- 1. Full name
- 2. Email address
- 3. Zip code
- 4. Phone number
- 5. Date of birth
How Old Do I Need To Be To Use Montana Sportsbooks?
In order to use a Montana sportsbook, you need to meet the minimum age requirement which is 18 years old. That goes for betting with both Montana online sportsbooks or one of the retail locations where you can place bets at.
Montana Online Sports Betting Handle + Revenue
Montana taxes its online sportsbook Sports Bet Montana at an 8.5% tax rate. The entire market has seen over $78 million wagered since launch in 2019, with $10.8 million in sports betting revenue secured by the sportsbook. Montana consistently sees roughly $3 million bet each month with an average hold rate of 13.8%. the single-month record in betting handle for Montana was $5,799,090 in January 2021. The single high monthly revenue record was $879,000 in November 2021.
Montana Revenue Tracker
| Month/Year: | Total Handle: | Revenue: | Hold Percentage: |
|---|---|---|---|
| March 2020 | $8,051 | $3,063 | 38.04% |
| April 2020 | $434 | -$275 | -63.36% |
| May 2020 | $113,283 | $28,953 | 25.56% |
| June 2020 | $346,600 | $57,753 | 16.66% |
| July 2020 | $1,554,924 | $120,177 | 7.73% |
| August 2020 | $2,606,465 | $253,747 | 9.74% |
| September 2020 | $2,452,738 | $320,800 | 13.08% |
| October 2020 | $2,935,271 | $438,364 | 14.93% |
| November 2020 | $2,813,968 | $573,018 | 20.36% |
| December 2020 | $4,947,596 | $655,169 | 13.24% |
| January 2021 | $5,799,090 | $742,008 | 12.80% |
| February 2021 | $3,854,628 | $495,957 | 12.87% |
| March 2021 | $4,093,444 | $587,916 | 14.36% |
| April 2021 | $3,093,769 | $525,172 | 16.98% |
| May 2021 | $4,387,731 | $522,620 | 11.91% |
| June 2021 | $3,470,134 | $344,709 | 9.93% |
| July 2021 | $2,349,130 | $470,395 | 20.02% |
| August 2021 | $3,350,000 | $475,000 | 14.2% |
| September 2021 | $3,020,000 | $560,000 | 18.5% |
| October 2021 | $4,400,000 | $568,000 | 12.9% |
| November 2021 | $4,530,000 | $879,000 | 19.4% |
| December 2021 | $4,920,000 | $643,000 | 13.1% |
| January 2022 | $5,117,000 | $670,000 | 13.1% |
| February 2022 | $3,632,000 | $706,000 | 19.4% |
| March 2022 | $3,982,000 | $672,000 | 16.9% |
| April 2022 | $3,243,000 | $389,000 | 12.0% |
| May 2022 | $3,237,000 | $382,000 | 11.8% |
| June 2022 | $2,912,000 | $275,000 | 9.4% |
| Total (since launch) | $88,051,368 | $11,888,057 | 13.5% |
Banking Options
Daily Fantasy Sports
Legal Sports Betting
Depositing And Withdrawing Money At Montana Sportsbooks
Through Montana sportsbooks and the Sports Bet Montana app, there are many different methods to make both betting deposits and withdrawals from online sportsbooks. Sports Bet Montana does allow depositing straight into some bank accounts, while the other online Montana sportsbooks have crypto deposit and withdrawal options. Otherwise, deposit and withdrawal methods vary from sportsbook to sportsbook, so do prior research before choosing your preferred Montana betting site.
| Sportsbook: | Deposit Methods: | Payout Options: |
|---|---|---|
 |
6 Cryptocurrencies, Credit/Debit Cards, Player Transfer, MatchPay, and Vouchers | 6 Cryptocurrencies, Check by Courier, Player Transfer, MatchPay, and Vouchers |
 |
17 Cryptocurrencies, Credit/Debit Cards, Person to Person, Money Orders, and Wire Transfers | 14 Cryptocurrencies, Check by Courier, Player Transfer, Money Order, Person to Person, and Wire Transfer |
 |
5 Cryptocurrencies, Credit/Debit Cards, and Moneygram | Bitcoin, Wire Transfer, and Echeck |
 |
17 Cryptocurrencies, Credit/Debit Cards, Person to Person, Money Orders, and Wire Transfers | 14 Cryptocurrencies, Check by Courier, Player Transfer, Money Order, Person to Person, and Wire Transfer |
 |
5 Cryptocurrencies, Credit/Debit Cards, and Moneygram | Bitcoin, Wire Transfer, and Echeck |
 |
4 Cryptocurrencies, and Credit/Debit Cards | 4 Cryptocurrencies and Check by Courier |
 |
Debit Cards and iACH Transfer | Bank Transfer or Bank Draft |
How To Use Crypto With Montana Sportsbooks
- Pick a sportsbook that supports the crypto you want to use – the most widely used crypto is Bitcoin.
- Visit your sportsbook of choice and select the deposit option.
- The deposit screen will pop up, and you will then choose crypto as your deposit method.
- Once you’ve selected your crypto of choice, make sure you enter the amount you wish to deposit.
- Make sure you keep track of the agreed-upon amount and crypto you have decided to use.
- The sportsbook will display a crypto wallet address. Go to your wallet, and send the agreed-upon amount to that wallet.
- This transaction will process immediately in most cases. Rarely, you will have to wait about ten minutes.
- Your account at the sportsbook will be credited with the agreed-upon amount.
- Start wagering!
Sports Bet Montana
Montana does technically have a mobile sports betting app of its own. Developed by Intralot, Montana made the questionable decision of only allowing people to use it when they are physically visiting a casino. They basically don’t offer online sports betting anywhere other than casino property.
Mobile Betting In Montana
All of the Montana sportsbooks offer great mobile betting platforms as well. Of course, signal may be an issue if hiking through Yellowstone, but other than that, mobile sports betting is a full go in the Treasure State. Sports Bet Montana offers a betting app that must be downloaded, with users also having to figure out geo-location features. Licensed Montana betting sites are often the preferred choice because their mobile-compatible websites require no download and have no geo-location requirements, operating nationwide.
Mobile Montana Sportsbook Devices
- iPhone
- Android
- Samsung Galaxy
- Google Pixel
- iPad
- LG Wing
Montana Live Betting Odds
With live betting odds becoming more and more popular over time, Montana sportsbooks have begun to perfect their live betting suites. Some online Montana sportsbooks though even take the extra step and stream some of the events that they offer live betting odds on like BetOnline and MyBookie. Live betting is a great way for you to get in on action as a game is going on and also allows you to hedge your original bet.
Permitted Sports To Bet On In Montana
Bet on any big market sport that comes to mind like the NBA season and NBA Playoffs, the NFL season and the Super Bowl, and even big UFC events. You can even bet on the Montana State Bobcats. SportsBet Montana does not offer odds on politics or entertainment. In order to bet on those markets, you will need to use Bovada, BetOnline, or one of the other licensed Montana betting sites.
Sports To Bet On
- NCAA Football (Div I, FCS)
- NFL
- NBA
- NCAA Basketball
- MLB
- NHL
- UFC
- NASCAR
- Olympics
- Boxing
- Soccer
- Darts
- Politics
- Entertainment
- Futsal
Best Betting Types For Montana Residents
With a variety of options for sports to bet on, online Montana sportsbooks also do not shy away from having plenty of betting types that can be used to place wagers. Between classic betting types, and very specific propositions, Montana sportsbooks give bettors endless wagering opportunities.
- Moneyline – This is the most classic betting type that consists of betting on the winner of an event. There will be odds for each team or player to win, with the underdog having more statistical risk and a higher payout.
- Total Betting – For total bets, bettors can wager on if the projected score from both teams or players will be over or under.
- Betting On The Spread – This bet type is simply betting on how much a team will win by. If the Montana Grizzlies are set to win by -6.5, they must win be at least a touchdown for the bet.
- Prop Bets – Prop bets can range from the Montana State Bobcats having three players with two or more threes, from the game going into overtime. These props have odds for each scenario to occur, but are always a specific game or player outcome.
SportsBetMontana vs. Bovada – The Crypto Advantage
In most respects, SportsBetMontana will be similar to Bovada in terms of the odds that are offered. Sure, Bovada has odds on politics and entertainment that SportsBetMontana does not, but outside of that, they’re pretty similar. The main differentiator between them is not odds, but the fact that Bovada accepts cryptocurrency. This means that bettors at Bovada can deposit and withdraw in crypto, and the incentives that Bovada offers to do so are far better than any bonus you can find at SportsBetMontana. Bovada offers no-fee deposits and withdrawals, along with instant transfers and more. In addition, their bonus jumps from $250 to $750 when you deposit with crypto.
Best Montana Teams To Wager On
With no professional sports teams in Montana, bettors have the ability to dive right into all of the college athletic programs. All of these college sports teams can be wagered on through online Montana sportsbooks from the home, or live at the game.
- Montana Grizzlies – Football, Basketball, Softball, and Women’s Soccer
- Montana State Bobcats – Football, and Men and Women’s Basketball
- Montana State Billings Yellowjackets – Men and Women’s Basketball, Baseball, Softball, and Men and Women’s Soccer
Montana Sports Betting Laws
Montana hosts regulated sports betting within its legislation. HB 725 is the bill that passed to bring state-sanctioned betting in Montana. The law allows for retail sportsbooks at over 180 locations from casinos to bars, as well as online. Sports Bet Montana is regulated by the Montana Lottery and available only on casino grounds. Bovada and BetOnline are licensed overseas and are accessible anywhere in Montana or outside of it.
Are Licensed Montana Sportsbooks Safe?
Yes, licensed Montana sportsbooks are indeed safe in Montana. This has been the primary way Montanans have wagered for years and continues to be a popular option amongst bettors. Sports Bet Montana is the newest addition to the Montana sports betting family, joining the likes of Bovada and BetOnline. No one has or will ever get in trouble for betting at licensed online Montana sportsbooks.
