After the Supreme Court struck down a federal sports betting ban in 2018, states legalized the activity in their own ways. Some passed legislation in their legislatures, while others opted for referendums and/or partnerships with sportsbooks. In the end, more than 20 states have legalized online sports betting.
When betting on sports, understanding odds is essential. These numbers indicate the probability of an outcome occurring, and they’re used to determine the potential return on winning bets. Once you have a grasp on the basics, you can bet with confidence.
Whether you’re betting on the Super Bowl or the NBA, oddsmakers go all-out with a variety of prop bets. While these wagers may not be as lucrative as a moneyline bet, they offer a lot of variance that can help you profit over the long run.
The best online sportsbooks are those that offer a wide range of wagering options, including great ongoing promotions and live streaming. For example, Caesars Sportsbook uses the OpenBet platform to provide a clean interface that’s easy for newcomers to navigate. Its customer service is also top-notch. Other sites like DraftKings and FanDuel have elite all-round wagering platforms that cater to experienced bettors.
It can be confusing to choose the best site for sports betting, but the key is finding the one that offers the most opportunities to win. The top sportsbooks typically have large bonuses and sharp odds. They also feature a clear set of house rules, a full range of normal banking options and 24/7 customer support.