Five licensed sportsbooks dominate US spread betting right now: FanDuel, DraftKings, BetMGM, Caesars, and ESPN Bet. Each prices most spread markets at the standard -110, but line quality, reduced-juice availability, and cash-out speed differ enough to matter over a full season.

Which sportsbooks offer spread betting in the US?

All five operators are live in the majority of legal states. Sports betting is legal and regulated in more than 30 states as of 2024, per the American Gaming Association's State Gaming Map. It remains illegal in California, Texas, Utah, and Hawaii — none of the operators listed here can accept bets from those states.

Start at Top-Rated Sportsbooks for Betting the Spread in 2026 if you want full reviews with current welcome-offer details.

How do spread lines compare across operators?

Sportsbook Standard Spread Price Reduced Juice Available Fast Withdrawal Option Notable Payment Methods
FanDuel -110 / -110 Periodic promos PayPal, Venmo (~24 hrs) Debit, PayPal, Venmo, ACH
DraftKings -110 / -110 Periodic promos PayPal (~24–48 hrs) Debit, PayPal, ACH, Play+
BetMGM -110 / -110 Periodic promos PayPal (~24–48 hrs) Debit, PayPal, ACH, cash at cage
Caesars -110 / -110 Periodic promos Cash at cage (instant) Debit, ACH, cash at cage
ESPN Bet -110 / -110 Not confirmed Debit (3–5 business days) Debit, ACH

ESPN Bet launched in late 2023 through PENN Entertainment. It is live in multiple states but its line quality relative to the other four is still developing. The FanDuel vs DraftKings spread odds comparison breaks down the two market leaders side by side.

Why does the -110 price matter so much?

At -110, a bettor must risk $110 to net $100. That built-in vig gives the sportsbook a theoretical hold of about 4.5% on a balanced market. Drop to -108 and that hold shrinks noticeably — it adds up over hundreds of bets.

Read how moving from -110 to -108 saves real money for the full math. Even half a point in price is worth shopping for on bigger wagers.

What payment options matter for spread bettors?

PayPal is available at FanDuel, DraftKings, and BetMGM and typically turns around withdrawals in 24–48 hours. Venmo works at FanDuel and is usually processed within 24 hours. Debit card withdrawals at most books take 3–5 business days. Play+ prepaid cards offer same-day or next-day access at operators that support them.

Operators are required to verify your identity before releasing a withdrawal. Have a government ID and proof of address ready early — KYC delays are the most common complaint across all five sportsbooks. See funding your sportsbook account for a full breakdown of deposit and withdrawal options.

What should beginners know before choosing a book?

Use at least two books so you can line shop. The spread on the same game can differ by half a point or more between operators on a given day. Only ever use a state-licensed sportsbook — unlicensed offshore sites have no regulatory oversight and can refuse withdrawals with no recourse.

New to the concept entirely? The complete US bettor's guide to betting the spread covers everything from reading the line to understanding the vig. For a state-by-state legal overview, check which US states have live regulated spread betting.

Must be 21+ in most states (18+ in a few). Gambling problem? Call 1-800-GAMBLER.

All spread bet winnings are federally taxable as ordinary income. Sportsbooks issue a W-2G on wins of $600 or more that meet IRS thresholds, per IRS Topic No. 419. Factor that in when sizing your bets. More detail at taxes on spread bet winnings.

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