Smith’s ceremonial first wager? Risking $5, he’s laying a touchdown and the hook, 7.5 points, on the Dallas Cowboys to defeat the visiting division rival New York Giants on September 8. This makes Arkansas the ninth state to welcome full-fledged legal sports betting inside its borders, the eighth since May 2018 when the United States Supreme Court struck down the federal ban on sports betting outside Nevada. On Monday morning at the Oaklawn Racing Casino Resort in Hot Springs, Ark., general manager Wayne Smith placed the state’s first legal sports bet with a teller at the casino’s remodeled Race & Sports Book.