Whether you want to win money in a sportsbook or make a quick buck, there are several ways to do it. Here are some tips to help you find the best ways to profit from sports betting.
Legalisation of sports betting in the US
Almost two-thirds of the US states have passed laws to legalise sports betting. There are also more states considering the issue. Depending on the state, legal sports betting can be offered in-person at a sportsbook, or through a mobile app.
The US Supreme Court’s ruling on the Professional and Amateur Sports Protection Act (PASPA) in July 2018 gave states the power to legalise sports betting. The SCOTUS ruled that the federal ban on single-game betting was unconstitutional. However, it did not repeal the ban on sports betting at tribal casinos.
Popular sports to bet on
Whether you’re a fan of the NFL or you enjoy a good horse race, you can place a wager on a wide variety of sports. Most online sportsbooks offer a variety of betting lines and wagers, as well as quick payment options. Some sites even offer live-to-broadcast wagers, so you can wager during an event you’re watching on TV.
The most popular sport to bet on is, of course, football. Football fans are passionate, and each game on the schedule arouses plenty of attention. Football viewers can reach hundreds of millions for the big games.
Moneyline bets vs proposition bets
Whether you’re a seasoned pro or just starting out, you can’t go wrong betting on the moneyline. However, you can also turn a profit with a less conventional wager. Adding the right prop bets to your game-day routine will add some variety to your wagering routine. A good bookie will cover all angles, including the props you don’t know you’re looking for.
A prop bet is a speculative wager that is less conventional than the standard moneyline wager. These include the over/under, the point spread, and the halftime/full time result. A good betting site will also have a variety of novelty markets to choose from.
Online vs offshore sportsbooks
Compared to local sportsbooks, offshore sportsbooks offer a wider variety of betting markets and better odds. They’re also more convenient to use. In addition to traditional sports, offshore sportsbooks also offer bets on esports, tennis, and NASCAR. These betting options aren’t available at most US-based sportsbooks, however.
Many offshore sportsbooks have dedicated mobile sites, which allow users to access the same betting markets and odds as on their desktop sites. However, offshore sportsbook apps are not regulated in the state in which they are based. This means they do not have to comply with state laws, so users may encounter issues if they are in a state that prohibits mobile sports betting apps.