The U.S. Supreme Court on Monday made a clear path for sports gambling, but it won’t have a immediate effect in Montana. Montana was one of four states that allowed some types of sports gambling before a federal law in 1993 banned betting on baseball, football, basketball and other sports.
Montana residents can bet on live horse races in the state or at off-track betting at five casinos that are licensed by the Montana Board of Horse Racing. The Montana Lottery runs fantasy football and racing games at taverns around the Treasure State. All proceeds from that go to the board of Horse Racing. The ruling makes it possible for the Montana Legislature to pass laws allowing sport’s gambling. Montana law allows for Calcutta auctions around events such at the NCAA Basketball Tournament, where each team is auctioned off to the highest bidder. The prize is dependent on the number of bids and success of each team. Sport pools and sports tabs are also allowed.