Sports Betting
News and guides on sports betting from WRAL. Before you place your first bet, read through the guide to common sports betting terms, including how to bet teasers, how to bet the moneyline, how to bet totals and how to bet parlays.
Latest stories
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3 of 4 lobbyists facing charges over bourbon tour with NC politicians reach deals
Several North Carolina lobbyists who were charged with arranging illegal gifts to state lawmakers may soon have their charges dismissed. But the investigation continues into others.
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Football finances: a playbook for your pocketbook
The football season is about to kickoff, but inflation is putting fans on the defensive as game-day costs continue to climb.
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NC sports betting in July up nearly $200M over previous year
State lawmakers raised taxes on sports betting operators to 23% in the recently passed state budget.
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Stanley Cup, World Cup lead to big betting in June, last month before tax, distribution changes
Sports bettors in June wagered more than $156 million than they did in June 2025 and sports betting operators had their lowest revenue total this year.
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Prediction market betting would be authorized in NC’s new budget. What it means for sports betting
Tucked into the state budget is a proposal that could have massive implications for how prediction markets operate in North Carolina. Some lawmakers say it’ll create a new revenue stream. Others worry it’ll cost the state millions.
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CFTC Begins Investigating Polymarket, a Test of a Key Regulator
WASHINGTON — A federal financial agency has begun investigating Polymarket, reigniting long-standing questions about whether a leading prediction market company tied to Donald Trump Jr. is operating within the law.
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Former NBA star Malik Beasley pleads not guilty to gambling charges
NEW YORK (AP) — Malik Beasley’s lawyer said the indicted former NBA star “wants to move on with his life” after pleading not guilty Wednesday to charges that he altered his play in certain games in 2024 to enrich sports bettors and ease his own debts.
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UNC, NC State to get millions from sports betting; gambling deductions allowed in budget proposal
Not only would the tax on sports betting operators rise to 23%, but North Carolina would levy taxes on prediction market operators as well under proposals expected to be included in the state budget.
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NC Senate OKs new tax rules for sports bettors, entrepreneurs and others
The state Senate on Tuesday voted to advance legislation that would change North Carolina tax laws affecting sports bettors, Helene victims and others.
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For the ninth consecutive month, NC sports bettors wager more than $500 million
North Carolina lawmakers have agreed to raise the tax rate on legal sports betting operators. At its current 18% rate, the operators have paid right at $300 million in taxes through May.
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Looking for revenue, NC lawmakers agree to raise taxes on sports gambling operators
Lawmakers have discussed other ways to increase revenue through gambling and the state lottery, people familiar with the negotiations tell WRAL.
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More taxes on sports betting? NC lawmakers discuss the possibility as industry pushes back
Lawmakers have weighed increasing tax rates on sports betting operators and an additional tax on lottery sales and individual sports bets, sources tell WRAL. No decisions have been made. And the proposals could pose enormous hurdles — and industry opposition.
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How will NC lawmakers pay for state employee raises? Here’s what to watch
North Carolina’s legislative leaders say they’re still searching for ways to pay for state employee raises. Tax hikes for sports betting, state job cuts and the elimination of diversity programs are among the considerations.
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April sports betting in North Carolina up 6% over previous year
North Carolina is on pace to break last year’s record for total paid wagers and taxes collected.
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You can’t bet on Kentucky Derby, even though sports betting is legal in North Carolina
The 152nd running of the Kentucky Derby is Saturday in Louisville. The race will air on WRAL.
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Prediction markets are back in the spotlight, this time because of the war in Iran
Prediction markets let people wager on just about anything — from basketball games to elections. And among more jarring bets recently, the fate of the U.S. and Israel’s war against Iran.
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NC bettors wager more than $725M in March, up 6% from previous year
North Carolina bettors wagered more than $725 million in March 2026.
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Kalshi and Polymarket place new bans on insider trading as senators move to curb prediction markets
NEW YORK (AP) — Kalshi and Polymarket, the two biggest prediction market platforms, rushed to institute new industry guardrails and add new surveillance tools on Monday after two key senators announced legislation that could severely curtail the industry’s prospects.
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‘Bet on the most wild things’: After sports gambling, prediction markets open door for all wagers
Sports wagering was just the beginning of a betting boom across the country. Now prediction markets offer the opportunity to bet on just about anything, and the full casino experience is in the palm of your hand.
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NC has collected $250M from sports betting. Where does the money go?
The documentary, premiering on March 18, explores how legalized sports betting quickly became a major source of revenue for North Carolina. The state has collected tens of millions of dollars in tax revenue, far exceeding early projections, with funds supporting state programs, college athletics and initiatives aimed at addressing gambling addiction.
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NC has collected $250M from sports betting. Where did it go?
North Carolina launched legal online sports betting in March 2024. Two years in, the state has received more than $250 million in fees and taxes.
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'The Gamble' shows high financial, social stakes exploding in the community
North Carolinians have wagered more than $13 billion on sports since mobile betting launched in the state in 2024. A new WRAL investigative documentary, The Gamble: Sports Betting in North Carolina, examines the rapid rise of the industry and the growing concerns about its impact.
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What you can and can't gamble on in NC: WRAL documentary 'The Gamble' premieres Wednesday
The WRAL documentary "The Gamble: Sports Betting in North Carolina" premieres at 7:30 p.m. ET Wednesday. WRAL's Mark Bergin and Brian Murphy discussed what people can bet on in North Carolina and what the state does not allow. Plus, Bergin and Murphy shared their biggest takeaways after watching the documentary and what's next for mobile betting in North Carolina.
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'Hope you blow out your knee:' Duke player says pressure, harassment from bettors is out of hand
Duke guard Isaiah Evans said he received a harassing message immediately after the Blue Devils' ACC Tournament victory against Clemson. ACC Commissioner Jim Phillips said prop bets on individual college players should be banned.
