Betting On The Carolina Panthers

The bill that would allow betting on the Carolina Panthers – legally placing wagers on professional, college, amateur, and esports/gaming contests is inching closer to the finish line. Should the bill successfully clear the remaining hurdles, guests will have the opportunity to place bets online or visit a betting window inside their home stadium.

This isn’t to be confused with the law that passed allowing in-person sports gambling at one of the two Cherokee-owned casinos in the western region of North Carolina. The passing of the mobile betting law would allow gamblers throughout the state to place wagers online and at future retail locations.

Panthers Super Bowl Odds At The Best Sportsbooks

SportsbookOdds
BetMGM+ 6600
DraftKings+ 10000
FanDuel+ 6000

Where Can You Bet On Carolina Panthers?

As of October 2021, mobile sports betting is not available in North Carolina, but momentum is moving in that direction. A favorable timeline could make mobile sports gambling legal by October 2022.

Online Sportsbooks In North Carolina

The North Carolina Lottery Commission would issue up to 12 licenses to companies offering sports betting, so the eventual availability of online options is a reasonable expectation.

It’s common for sportsbooks to offer welcome bonuses for those making their initial venture into sports gambling. For instance, DraftKings will match 20 percent of your initial deposit amount up to $1,000.

North Carolina Retail Sportsbooks

North Carolina law will allow venues with a capacity of at least 17,000 to host a sportsbook on-site, a requirement that Bank of America Stadium, home of the Carolina Panthers, meets.

Charlotte’s Spectrum Center and Raleigh’s PNC Arena are two other prominent venues in the state that could potentially host a sportsbook.

How Are NFL Betting Odds Calculated

The most popular odds in the US are referred to as “money line” odds in which the number is accompanied by a minus (-) sign to indicate the favorite or a plus (+) sign to indicate the underdog.

For instance, in a game in which the Carolina Panthers are favored to win, their moneyline odds may be -120. In this case, a bettor will be required to put up $120 for the chance to net $100 in the event of a Panthers victory. 

If the Panthers are the underdog in a particular matchup, their odds may be +120. In this scenario, a bettor would put up $100 for the opportunity to net $120 for a Panthers victory. 

Sportsbooks set the opening lines, relying on a variety of factors to arrive at a particular number. Most commonly, odds are adjusted in relation to the money being bet on a particular side so the books can balance their risk. However, there are instances, such as an injury to a prominent player, where a significant line movement is warranted.

What Kinds Of Bets Can Be Placed On The Carolina Panthers

Money line wagers may be the most popular, but Carolina Panthers fans can gamble on a number of different types of bets.

Totals (Aka “Over/Under”)

A bettor can wager on the total score of a game finishing over or under the set total. If a particular game has an over/under of 45.5, a fan betting on the over will want to see the two teams combine for 46 points.

Point Spread

A point spread bet takes a money line wager a step further. It requires a team to “cover” a set line. For example, if the Panthers’ line is set at -2.5 — remember, the “-” indicates a team is the favorite. They will need to win their game by a margin greater than 2.5 points. In reality, that means they need to win by 3 in order to cover the 2.5-point spread. Conversely, if the Panthers are an underdog at +2.5, they’ll need to lose by no more than 2 points in order to cover.

A 23-20 victory at -2.5 covers the spread. A 21-20 victory does not. 

Losing 21-20 at +2.5 covers the spread. Losing 23-20 does not.

Parlay Bets

In a parlay, a bettor will choose multiple bets for one ticket and each will need to hit in order for the parlay to pay off. The potential winnings from a parlay are greater because the risk increases as more bets are added to the ticket.

What Is An NFL Futures Bet?

Different from an individual game, a futures bet commonly focuses on the odds of a team winning a championship, i.e. the Panthers Super Bowl odds are +6000 at FanDuel and +6600 at DraftKings. Futures odds are set following the conclusion of the previous season. These odds will fluctuate throughout the offseason and season based on a number of factors. A string of injuries or a key player acquisition can lead to a shift in these odds.

How To Place Prop Bets On The Panthers

A prop bet is a wager placed on the occurrence of a particular event that doesn’t necessarily affect the outcome of a game. It can be tied to an individual player (i.e. an Over/Under on the touchdowns a player will score) or it can be team-focused (i.e. which team will score first). There is a wide variety of prop bets from which bettors can choose.

For those in states with legalized sports betting, a good place to start for player props is the FanDuel Sportsbook or DraftKings Sportsbook apps. Of course, North Carolinians will need to wait for that opportunity. Individual game prop offerings are generally more plentiful during bigger and one-off events such as the Super Bowl.

How To Bet On The Panthers In North Carolina

Mobile betting is not currently available in North Carolina, but it’s worth discussing the steps nonetheless.

The first step is to choose a sportsbook and download the app. Both Android and iPhone users will be able to find their app of choice in their respective app stores.

Once an app is downloaded, the user will be required to register. Keep in mind that some books may require prospective bettors to register in person at a retail location.

After someone is registered, money needs to be deposited into his or her account. Most books offer a variety of deposit methods, including PayPal, online bank transfer, and other electronic transfers.

Finally, it’s time to browse the app for your desired bet and place a wager.

How To Bet On The Super Bowl In North Carolina

If, perhaps when, sports gambling becomes legal in North Carolina, football fans will be able to place futures bets on teams to win the Super Bowl.

Carolina Panthers Casino/Sportsbook Partnerships

The Carolina Panthers do not have a partnership with a casino or sportsbook at this time. The NFL signed agreements with four sportsbooks, FOX Bet, BetMGM, PointsBet, and WynnBET, to serve as approved sportsbook operators for the 2021 season.

Teams have forged partnerships as well. The Baltimore Ravens pegged Caesars Sportsbook as their official casino partner ahead of the 2021 season. It’s reasonable to expect the Panthers to consider something similar when the opportunity arises.

North Carolina Sports Betting FAQs

Will North Carolina’s legal sportsbooks offer bets on the Carolina Panthers?

Yes. In the event the final bill passes, North Carolina law will allow fans to place bets on professional, college, amatuer (i.e. Olympics), and esports/gaming. 

What is the closest sportsbook to Bank of America Stadium?

Since Bank of America Stadium’s capacity is over 19,000, it meets the minimum requirement for a venue to host a sportsbook on-site, the closest sportsbook to the stadium may actually be in the stadium.

Do the Carolina Panthers have any partnerships with a sportsbook?

No. The Carolina Panthers do not currently have a partnership with a sportsbook.

Is DraftKings legal in North Carolina?

No. While DraftKings’ DFS offerings are available in North Carolina, prospective bettors cannot place wagers through DraftKings Sportsbook.

Is FanDuel legal in North Carolina?

No. Fantasy players can enjoy FanDuel’s DFS platform, but until sports gambling is officially legalized in the state, North Carolinians will not be able to use FanDuel Sportsbook as a means to bet on games.

Does DraftKings offer odds on the Carolina Panthers?

Yes. Bettors in eligible states can place a wager on the Carolina Panthers’ futures odds as well as individual player props.

About the Author

Craig Williams

Craig Williams is a Charlotte-based sportswriter who has worked professionally in the gaming, fantasy, and sports business industries. He’s an avid fantasy football player, managing over 100 leagues across multiple formats. When he’s not pouring over Vegas odds and statistics, he’s indulging in soccer and enjoys anything from LigaMX to Champions League.