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Omaha Sports Betting Guide

Author: AmericanGambler1234 | Last Updated: August 15, 2019

Here is our quick Omaha (NE) sports betting overview. We keep you updated on the legislation, betting sites, apps, Nebraska's casinos and gambling locations in 2019/2020. 

Sports betting locations near Omaha, NE

Omaha (Nebraska) has had some sort of legalized pari-mutuel sports betting since the 1930s. You can bet on horse racing in pooled events at Horsemen's Park in Nebraska's biggest city of Omaha. But racing is only held for a few weeks every year. There is also pari-mutuel betting at Lincoln Race Course in Lincoln, NE. All pari-mutuel betting is overseen by the Nebraska State Racing Commission (NSRC).

Omaha residents can bet on sports online via mobile apps at the Iowa sportsbooks if they open accounts in person there. 

Simulcast betting is now available in Omaha (NE). Wagers include Win-Place-Show, where you win if your horse takes 1st (Win), 1st or 2nd (Place), or 1st, 2nd or 3rd (Show).

Exacta bets (predicting the first two horses in order) and Trifecta bets (the first three horses in order) are also available at Horsemen's Park. In 2019, tracks in the region want to be able to offer markets on historical horse races too although the legislation has hit a brick wall.

The Nebraska Racing Commission agreed to the request in October 2018 but there are concerns over the legality of historic racing terminals.

The IRS requires a report of any winnings where the odds are over 300/1 and pay out over $600. Automatic IRS holdings are required for winnings over $5,000.

When it comes to legal sports betting in Omaha, there are no plans to legalize single-match wagers in the state. When the US Supreme Court overruled PASPA (Professional and Amateur Sports Protection Act of 1992) in 2018, some states have moved forward with new sports betting laws. So far, howeve, there are no plans for Nebraska to follow suit.

Online betting in Omaha City

However, the Nebraska State Legislature is allowing for fantasy sports across the state. LB 137 was introduced in 2019 to enable new regulation of DFS (Daily Fantasy Sports) games in Nebraska, so that Omaha players can engage in betting on daily fantasy sports online (via apps).