What You Need to Know About Official Betting

official betting

Official betting is the process of wagering on a game or contest with a legally licensed bookmaker. There are a few things to keep in mind when wagering on this type of bet.

Legal Online Sports Betting Sites

In the United States, there are 32 states that have legalized some form of online or mobile gambling. Four of those have not launched yet.

State Laws – Each state has their own rules and regulations when it comes to wagering on sports. Some states prohibit certain kinds of bets, while others allow them on a wide range of events.

Pro Football – The NFL is by far the biggest sport in the United States, and it’s no surprise that betting on it is a big business. The game’s popularity also means there are a lot of spreads, totals and moneylines to choose from.

Live Betting – Bets placed during the course of the game are also very popular. This type of wager allows you to ride the momentum of each team as they make adjustments in the middle of the game.

College Sports – Several states prohibit wagering on in-state colleges and games taking place at their venues, so you should be sure to check the laws in your area before placing any bets.

NCAA Football – The National Collegiate Athletic Association, or NCAA, is one of the oldest and most prestigious leagues in the country. In addition to its storied history, the NCAA has an extensive reputation for regulating and governing its games. This translates into high quality competition and lots of action for bettors.

Direct Ties to Retail Locations – Most states that have passed iGaming laws require all online bookmakers to have direct ties to local casinos and horse tracks. This is a great way for players to feel comfortable making a cash transaction in person, and it helps legitimize the industry.

Player Props – Some player props are available on all sports, but there are a few that only appear in specific leagues or at specific times. Some of these include Player First Hit/Home Run/Total Bases, Most Pitch Count/Pitch Result, and the highest scoring half-inning.