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As online gambling has become increasingly prevalent over the last several years, the excitement of being able to place a wager with the simple click of a button has steadily risen. While almost everyone knows someone focused on sports gambling, it is hard to understand just how prevalent this has become amongst sports fans all over the country and those located explicitly in Pennsylvania.

Pennsylvania first permitted sports wagering in November 2018, at brick-and-mortar locations only, such as casinos. During that month, the state accrued over $500,000 in revenue. This would seem impressive, but it was the lowest total they posted in three years.

And in May 2019, Pennsylvania introduced mobile and online sportsbooks, which made it even easier for the casual or heavily invested better to get into the action. Some popular PA online sports betting apps are BetMGM Sports, Fanduel, Pointsbet, FOXBet Sportsbook, and a list of others. While it would’ve made sense for the state’s revenue to rise at that time immediately, it took a couple of months before residents would fully embrace this revolution.

The demand continued to rise as the state cleared the $2 million mark in revenue just one month later. By March 2019, that number rose to $5.5 million. It is not surprising to see this peak since the NCAA Men’s, and Women’s college basketball tournaments begin during this time, and there is a lot of energy around picking underdog teams to go far.

Revenue would pick up that summer, with the state nearly reaching $10 million in August. Once the 2019 NFL season started, the numbers would double and even triple during the course of the next several months. In November 2021, Pennsylvania posted a staggering revenue figure of over $84 million, demonstrating the unquenchable thirst for fans to get into the game with their wallets.

With this having taken off so prominently, we will go through some rules, regulations, and considerations bettors must remember when wagering on games online in Pennsylvania.

Age Requirement

To place a sports bet online or at a physical location in Pennsylvania, a person must be at least 21 years old with a valid social security number. It is usually a good idea to wait for the 21st birthday for several reasons. First, a person should be a little more mature and understanding at that age, as opposed to when they are in their teenage years. Second of all, there are consequences for getting caught if someone places a bet while they’re underage. A fine of up to $500 or even prison time of up to 90 days could await an underage gambler.

Sports To Bet On

It is interesting to follow the revenue chart for Pennsylvania’s sports gambling earnings because the monthly figures are usually pretty explainable. For example, numbers tend to pick up in September due to the excitement of NFL regular season games returning. Even if the Pittsburgh Steelers and the Philadelphia Eagles had mediocre seasons the year before, fans flock to the stadium and sportsbooks to wager on their local favorites. Things can change in a hurry in sports, as a talented rookie could step in and dazzle from the very first game.

While a lot of gambling money is allotted to NFL games, Pennsylvania gamblers also have many other options. Major League Baseball features the Pittsburgh Pirates and Philadelphia Phillies, which can be attractive to fans for different reasons. The baseball schedule usually has games every day, meaning every time someone wakes up, there is an opportunity to win money in a meaningful match.

Traditional winter sports are also attractive, as the Philadelphia 76ers and Philadelphia Flyers command much of the state’s attention. After struggling for so long, the 76ers have been looking to get over the hump and reach the NBA Finals on the back of star center Joel Embiid. There will be a lot of fans in eastern Pennsylvania looking to cash in on a Philadelphia run to the championship. The Flyers are another huge draw, and Philadelphia fans love the blue-collar nature that their hockey team brings to the table.

Additionally, there are other teams that Pennsylvanians can wager on, including many college teams like Penn State, Temple, and Villanova. The state also has a Major League Soccer team in the Philadelphia Union.

Taxes

It is important to remember that not all the winnings gamblers earn from correct picks will remain in their pocket. Sports wagering winnings are subject to taxes, just like many other traditional forms of income, so it is critical to keep this in mind even if someone is on a hot streak. It is vital to check updated sources to find out how much might come out of your wallet, but the state has historically taxed sports gambling winnings as high as 36%. This money should be kept away so that it can be paid once it is time for the taxes to be collected.

State Regulation

A body of the state sets the rules and regulations for anyone who wagers in the state of Pennsylvania, including on sports. The Pennsylvania Gaming Control Board oversees all activity under this broad umbrella. This group also awards licenses to physical locations for them to offer sports gambling at their facility.

Funding

In this betting era, there are several ways to make sure money is available to place on upcoming games. Linking a bank account to a gambling account is a common way to do this; participants can also use credit cards to fund this. If you’d like to set a hard limit on the amount of money you are willing to lose, it can also be beneficial to link a prepaid card to a set figure. In that scenario, if the funds on that prepaid card are exhausted, it can be a sign to walk away until much later.

Many sportsbooks also have promotional codes or risk-free bets to help mitigate losses or get someone started on a hot streak. Before committing to a particular sportsbook, check their initial or ongoing promotions, as it could save a lot of money in the long run.