Legal sports betting in Alaska isn’t available in the traditional sense, as there are no retail sports betting locations or online sportsbook apps available.
But, thanks to federally regulated prediction markets, you can trade and win real money on your sports picks and predictions. Apps like Polymarket and Kalshi are overseen by the Commodities Futures Trading Commission (CFTC), making them available throughout the country.
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Best Prediction Market Apps in Alaska
Prediction markets do not require state legislation to be passed in order to use them, but unlike offshore sportsbooks, they are actually regulated. As they’ve grown in popularity as a form of mobile sports betting, they have also provided other direct payment options, pulling away from the days when cryptocurrency and bitcoin were the only ways to fund your account.
Here’s a look at the best prediction market mobile apps. Click through the links provided, and you can also claim a welcome bonus:
Polymarket Alaska
Polymarket has brought its sports markets to the US, meaning Alaskans can trade on the NFL, NBA, NHL, MLB, college football, college basketball, golf, motorsports, combat sports and more.
It offers point spreads, moneylines, totals (over/under), team and player prop bets, as well as futures.
Trade $10 & Get a $20 Bonus at Polymarket!
Kalshi Alaska
At Kalshi, you can trade on the Super Bowl, March Madness, the World Cup … and the result of Alaska’s senate election. It’s markets go well beyond sports, as Kalshi offers politics, financial markets, crypto, the weather, current events and more among its potential trades.
If you decide to stick to sports, though, you’ll still find plenty of action at Kalshi, as it provides essentially all the markets you would find at traditional sportsbook.
Novig Alaska
Novig is the closest thing Alaskans will find to a traditional sports betting app, at least in terms of presentation. Rather than percentages, which you will find at other prediction markets, the options at Novig are presented as odds.
It is still a peer-to-peer trading platform, though, hence the name as there is no vig on the markets. It’s markets aren’t quite as deep as Polymarket or Kalshi, but they are growing.
MARKET
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When Will Online Sports Betting Be Legal in Alaska?
There seems to be a lack of urgency in regulating sports betting in Alaska. From a revenue standpoint, Alaska has been prosperous thanks to its successful oil industry. As a result, the potential tax benefits of legalizing sports betting in Alaska are not as enticing as in other states.
That being said, there were attempts to legalize sports betting in Alaska in 1987, 1990, 1993, and 2008. The latest attempt saw a referendum shot down by a large majority of the state’s voters.
Sentiment does seem to be changing, with Alaska’s fiscal budget facing a large deficit. Governor Mike Dunleavy proposed two bills in early 2020, SB 188 and HB 246, which would allow for multiple forms of legal gambling, including sports betting. The bills were known as The Alaska Lottery Corporation Act.
Alaskan residents are said to spend an estimated $348 million annually on sports betting out-of-state, and legalization could bring in at least $100 million per year. Hopes were high for these bills to gain approval, however, due to the coronavirus pandemic, the Alaska state legislature ended their session early, allowing the bills to expire in May.
Alaska’s governor is spearheading the effort to legalize sports betting in the state. There is hope that legal sports betting could make it’s way to Alaska in the coming years.
Alaska Sports Betting FAQs
Is sports betting legal in Alaska?
Alaska residents are permitted to the following forms of gambling: Daily Fantasy Sports (DFS), instant games, bingo, multi-state draw games, and keno. Online sportsbooks, online casinos and horse racing are not eligible to be bet on in the state.
Does Alaska have gambling?
There are no licensed casinos in Alaska, though Alaskans often partake in cruises that offer casino gambling in international waters.
What is the state sport of Alaska?
Alaska’s state sport is dog mushing, designated in 1972.