Sports betting explained. Betting on sports is as old as organized sports and in this course, we will cover the following topics on sports betting.
What is Sports Betting?
Simply put, this is a way of placing a wager on the outcome of a sporting event.
How do sports bets work?
Using a bookmaker one can place any available bet on any sports event.
Is betting on sports legal?
The Overturning of PASPA in 2018 by the Supreme court was a game-changer for sports betting in the US making sports betting legal.
Is online sports betting legal?
The legalization of sports betting by PASPA allowed states to create legislation covering both legalizations of physical locations in Casinos as well as online portals.
How to place a bet online
Find a Legal online bookmaker, create an account, fund it and then start betting.
Where can I bet on sports online legally
Bookmakers have online portals which one can use to bet. Just remember to find those bookmakers that are legal in your state.
In Betting, odds are a numerical value given to a probability of an outcome of a sports event. In other words, it is simply a numerical value assigned by a bookmaker on the expected result of a match and other statistics.
Best online sports betting
The best online sports betting is one that allows you to win, as we stated in our earlier conversation, bookmakers create odds based on their own internal valuations and bottom lines so finding a bookmaker that has odds that match with your betting strategy is key.
Sports betting calculator
Try our Arbitrage Betting tool by clicking our Sure Betting Tool.
Sports Gambling is the act of placing a wager on a sporting event for the benefit of winning the wager.
Sports betting sites
Most states in the US are at different levels of creating legislation to legalize sports betting in their states. Some like New Jersey and Nevada have already taken advantage and are reaping the rewards. Here is a list of a few Sports Betting sites that are working in a few states.
- Sugar House
- 888 Sport
- Golden Nugget
- PlayMGM Sports
- William Hill
- Hard Rock
Where can I bet on sports online
Try the above sports betting sites and remember to make sure they are legal in your state.
Types of sports bets
There is a ton of Sports bets available from bookmakers here are but a few
- Three-way – as we’ve said earlier 3 way is the most common odds available. It means a home win, a draw, or an away win.
- Double Chance – 1 or X means one has the chance of two outcomes. Home win or draw. Draw or away win and home or away win. if either or the either comes true then it’s a winning bet.
- Over /Under – In this case Over Under is dependent on goals, If the outcome predicted is either over 2.5 goals or under that and etc
- Both Teams to Score – Will both teams in a game score or not
- Three-Way First Half – Same as three-way but for the first half only.
- Correct Score – What is the correct score at the end of a match
- Correct score – first half – Correct score first half
- Half time/full time – What are the outcomes at both half time and full time
From the times when wealthy landowners started betting on horse racing in the 16th century to the recent legalization of sports betting in the US. It is engraved in our society.