Question 1

What is a parlay in sports betting?

Accepted Answer

A parlay is a bet on two or more point spreads, over/unders or moneylines to increase the possible payoutThe main reason to parlay bets is because the payout can turn into much more money than a single bet. For example, if you really like two teams to win, you can combine their moneylines into a parlay bet. Instead of betting one team at -150 to win and the other at -120, you could combine them. In a parlay, those odds would turn into +205, which means a $100 bet would pay out $305. If you bet $50 on each of those moneyline odds, the payout would be about $174. The payout can grow as much as you want it if you keep adding bets, as a lot of sports betting sites allow up to 10-bet parlays or even up to 15. Of course, the more bets you add, the likelier it is the parlay doesn't succeed.The problem with something like a 10-team parlay is that even if nine of those bets win, it doesn't matter if the 10th one loses. In order to win a parlay, all bets need to win (or push).While you want every bet in a parlay to win, it's also possible that some of the bets push and you still earn some money. If you have three bets and one of them pushes, the parlay would turn into two bets, assuming those two are winners. Of note, not every sportsbook abides by these rules, though that's the most common method.

Question 2

When will sports betting be legal in North Carolina?

Accepted Answer

Yes, sports betting is legal in North Carolina. While it was initially restricted to in-person betting at retail sportsbooks on tribal land, online sports betting became legal and officially launched statewide on March 11, 2024.You can get started with exclusive NC sportsbook promos today.Retail SportsbooksHarrah's, CherokeeHarrah's Cherokee Valley River, Murphy

Question 3

Is sports betting legal in Colorado?

Accepted Answer

Yes. Colorado legalized in-person and mobile sports betting November 2019 after a bill was signed by the Governor and then approved by voters. The new sports betting law went into effect May 2020 and the amount of operators are growing by the day.Colorado sports betting is allowed at approved casinos, as well as online sportsbooks who already have partnerships and licenses. Given that more than 50 operators have applied for sports betting licenses, more are likely to be approved. Colorado will likely keep handing out licenses until May and beyond, and we'll try to update these lists as much as possible.Colorado has two types of licenses to offer. The first is for brick-and-mortar casinos to offer retail and online sports betting throughout the state. The second is for online-only sportsbooks, though they still have to partner with a land-based casino before offering action.Of note, proposition betting on college games will be restricted. That means you can't bet on specific stats like the number of touchdowns for a quarterback or the amount of points for a basketball player.Daily Fantasy Sports and horse racing betting are also allowed in Colorado. Daily Fantasy Sports were legalized in 2016 and they restrict anyone under the age of 18 from participating, which is different from sports betting and the age limit of 21.If you're a new sports bettor in Colorado, be sure to check out our latest Colorado sportsbook promos for exclusive sign-up offers.Online SportsbooksBetAmericaThrough Churchill Downs Incorporated and utilizing a betting license with Full House Resorts, BetAmerica will open a retail sportsbook at Bronco Billy's Casino (Cripple Creek) in addition to having online sports wagering throughout the state.Circa SportsCirca Sports, a Las Vegas-based sports betting company, entered a partnership with Century Casinos, which will allow them to have a retail sportsbook as well as state-wide mobile sports betting.DraftKings SportsbookPartnered with Twin River Worldwide Holdings, DraftKings is set to offer mobile betting immediately, while a retail location at Mardi Gras Casino in Black Hawk is also in the works.FanDuel SportsbookAlso partnered with Twin River Worldwide Holdings, FanDuel can offer online sports betting in Colorado, though they don't have plans for a retail sportsbook. Because Twin River has three Colorado casinos to its name, it can launch up to three mobile betting sites.ISI Race & SportsThe Nevada-based sports-betting company, ISI Race & Sports, partnered with Wildwood Casino in Cripple Creek. Given that this is one of the newer partnerships, details have yet to emerge of what the sportsbook will be titled.PointsBetPointsBet is one of the few Colorado online sportsbooks that is also expected to offer in-person betting May 1. Through a partnership with Desert Eagle Casino in Cripple Creek, PointsBet will offer online sports betting and in-person betting at the Casino.SuperBookSuperBook struck a deal April 2020 to run the sportsbook at Lodge Casino in BlackHawk. This is just the second sportsbook for SuperBook, who run things at Westgate in Las Vegas. theScore betPartnered with Jacobs Entertainment, parent company of Lodge Casino and Gilpin Casino, theScore is set to offer mobile sports betting in Colorado. theScore was granted a temporary license for internet sports betting in Colorado in March 2020 and should be full go once sports betting is legal in the state.Physical SportsbooksBull Durham Casino, Black HawkBull Durham Casino received its license in late March and has yet to announce a partner for its new sportsbook.Dostal Alley Casino, Central CityDostal Alley, which is composed of a casino, microbrewery and restaurant in Central City, has yet to release a partner for its upcoming sportsbook.Double Eagle CasinoPointsBet will operate the sportsbook at Double Eagle Casino in Cripple Creek when sports betting opens up in the state.Johnny Nolon's Casino, Cripple CreekJohnny Nolon's Casino has yet to partner with a sportsbook.Lodge Casino, Black HawkThe sportsbook at Lodge Casino will be under the SuperBook brand (deal signed April 2020), who operate one of the larger sportsbooks in Las Vegas at Westgate.Monarch Casino, Black HawkMonarch received a master license for sports betting and is expected to open a sportsbook but has yet to announce a partner.Red Dolly Casino, Black HawkRed Dolly Casino received one of the newer licenses and has yet to announce a partner for its sportsbook.Saratoga Casino, Black HawkBetfred, a bookmaker based in the UK, partnered with Saratoga Casino with plans for a full sportsbook in addition to online sports betting services throughout the state.Tripple Crown Casinos, Cripple CreekTriple Crown, which owns The Brass Ass Casino, Midnight Rose Casino and McGill's Casino, received a license to operate three sportsbooks, one at each location. Located in Cripple Creek, a partner has yet to be confirmed for the casinos.

Question 4

When will sports betting be legal in Ohio?

Accepted Answer

Several Ohio sportsbooks are currently legal for you to use. Ohio sports betting is legal for retail, mobile and online sports betting as of January 1, 2023.If you are ready to start wagering in the the state, be sure to check out all the Ohio sportsbook promos that are now available to claim, valued at thousands of dollars in bonuses.

Question 5

Is sports betting legal in Ohio?

Accepted Answer

Yes, Ohio sportsbooks launched in January 2023, and is now legal for retail, mobile and online sportsbooks.As of July 2024, there are 19 legal Ohio sportsbooks, and several Ohio sportsbook promos available. Be sure to claim the latest offers today to build your sports betting bankroll.List of All Ohio SportsbooksHere are the 19 legal sportsbooks in Ohio:Bally Bet Ohiobet365 OhioBetfred OhioBetJACK OhioBetMGM OhiobetPARX OhioBetRivers OhioBetr OhioBetway OhioCaesars Sportsbook OhioDraftKings OhioESPN BET OhioFanatics Sportsbook OhioFanDuel OhioHard Rock Bet OhioMVG Bet OhioPrime Sportsbook OhioSuperBook OhioTipico Ohio

Question 6

When will sports betting be legal in New Jersey?

Accepted Answer

New Jersey was one of the first states to legalize sports betting and online wagering after the 2018 Supreme Court decision. In fact, New Jersey is one of the main reasons every state has the power to legalize sports betting after they pushed the Supreme Court to rule the Professional and Amateur Sports Protection Act (PASPA) as unconstitutional.That said, New Jersey sports betting has a few restrictions that other legalized states don't. Most notably, you cannot bet on college teams from New Jersey or any college events taking place in New Jersey.Daily Fantasy Sports were formally legalized in 2017 which set up a licensing process for prospective operators and the minimum playing age to 18 years old.As for the places you can bet, there is a wide range of online sportsbooks, with all of them having at least one connection to a physical book. Of note, each New Jersey sports betting license holder is permitted to have three online skins which is why some online gambling sites are connected to the same physical casino. Plus, you can claim exclusive NJ sportsbook promos.Online Sportsbooks888 Sport888 Sport is a worldwide gaming company that has a partnership with Caesars Entertainment, which owns Bally's in Atlantic City.bet365bet365, an online gambling company based out of the UK, is partnered with Hard Rock Hotel & Casino.BetAmericaBetAmerica, the online sportsbook from Churchill Downs Incorporated, is partnered with Golden Nugget.BetMGMBetMGM, the mobile betting operation of MGM Resorts, is partnered with the Borgata in Atlantic City.Borgata CasinoWhile the sportsbook at Borgata is operated by MGM, Borgata has its own online betting outlet in New Jersey.Caesars EntertainmentCaesars Casino and Sportsbook has an online betting app and is accessible through casinos at Bally's and Harrah's , both of which are under Caesars Entertainment.DraftKings SportsbookDraftKings Sportsbook was the first legal online option in New Jersey and operates under the license at Resorts Atlantic City, where they also have a physical sportsbook.FanDuel SportsbookFanDuel Sportsbook operates a physical book at the Meadowlands in East Rutherford, which also carries their online gaming permit.FOX BetFOX Bet was looped into a partnership with Resorts Atlantic City (via The Stars Group) for its online gaming license. FOX Bet entered an agreement with The Stars Group, the largest public gambling company in the world, in summer 2019. Golden NuggetGolden Nugget has their own Online Sportsbook which offers desktop, mobile and tablet betting.PointsBetPointsBet, an Australian online betting site, secured its gaming license through Meadowlands.Resorts CasinoSimilar to Golden Nugget, Resorts has its own online betting service, separate from the physical DraftKings Sportsbook at the Casino.SugarHouse SportsbookSugarHouse Online Casino opened in 2016 and they immediately added a Sportsbook when the bill passed in 2018. Sugarhouse's casino license is through Golden Nugget.theScore bettheScore, a digital media company based out of Toronto, secured a license for online betting through Monmouth Park.UnibetUnibet is partnered with Hard Rock Hotel & Casino.William HillWilliam Hill is one of the bigger operations in New Jersey (three locations) despite being a London-based bookmaker. It has physical sportsbooks at Monmouth Park, Ocean Casino and Tropicana.Physical SportsbooksBorgata, Atlantic CityBorgata Casino is the only place you can bet on horse racing in Atlantic City. The Race & Sports book includes 100 seats with individual flat-screen monitors, 10 betting windows, a video wall and an in-venue bar. The Moneyline Bar & Book has a 40' LED video wall, six betting windows, gaming kiosks, over 20 craft beers and a signature dining program. While Borgata has its own online betting system, the odds at Moneyline are provided by BetMGM.Monday - Friday: opens 11 a.m.Saturday - Sunday: opens 9 a.m.Caesars Sportsbooks, Atlantic CityBally'sThe Book has over 15,000 square feet of betting space with five Fan Caves (reservation), 102 seats, 30 VIP seats and a self-serve beer wall.Monday - Thursday: 11 a.m. - 11:30 p.m.Friday: 11 a.m. - 12 a.m.Saturday: 10 a.m. - 2 a.m.Sunday: 10 a.m. - 11:30 p.m.Harrah'sThe Book encompasses 3,800 square feet which includes LED TVs across the walls, plush seating, two Fan Caves and food service by AC Burger Company.Monday - Thursday: 11 a.m. - 11:30 p.m.Friday: 11 a.m. - 12 a.m.Saturday: 10 a.m. - 12 a.m.Sunday: 10 a.m. - 11:30 p.m.Golden Nugget, Atlantic CityThe Sportsbook has seating for more than 100 people, more than 50 TVs, five video walls and self-service betting kiosks.Monday - Friday: 12 p.m. - 10 p.m.Saturday - Sunday: 10 a.m. - 10 p.m.Hard Rock Hotel & Casino, Atlantic CityThe Sportsbook encompasses 3,800 square feet and includes six betting stations, 50 seats, 60 TVs and a Sports Bar which includes video poker slots. Monday - Thursday: 11 a.m. - 11 p.m.Friday: 11 a.m. - 12 a.m.Saturday - Sunday: 10 a.m. - 12 a.m.Meadowlands Racing & Entertainment, East RutherfordFanDuel Sportsbook at Meadowlands boasts 20' screens, 50-plus HDTVs, comfortable seating and Victory Sports Bar for food and drinks.Monday - Thursday: 10 a.m. - 1 a.m.Friday: 10 a.m. - 2 a.m.Saturday: 7 a.m. - 2 a.m.Sunday: 8 a.m. - 12 a.m.Monmouth Park, OceanportMonmouth Park was the first New Jersey location to introduce legal sports betting in June 2018. The William Hill Sports Book has over 100 HDTVs and a 75' video wall.Monday - Thursday: 10 a.m. - 1 a.m.Friday: 10 a.m. - 2 a.m.Saturday: 8 a.m. - 2 a.m.Sunday: 8 a.m. - 1 a.m.Ocean Casino Resort, Atlantic CityThis William Hill Sportsbook features a 7,500-square-foot integrated experience with a center bar that is open 24/7 surrounded by a panoramic video wall. VIP tables and suites (up to 10 people) are also available via reservation.Sunday - Thursday: 10 a.m. - 12 a.m.Friday - Saturday: 10 a.m. - 1 a.m.Resorts, Atlantic CityDraftKings Sportsbook features 5,000 square feet of action, ultra-high definition LED video walls, five betting windows, 18 betting kiosks (24/7) and a VIP seating area with food and bottle service.Monday - Friday: 10 a.m. - 1 a.m.Saturday - Sunday: 9 a.m. - 1 a.m.Tropicana, Atlantic CityThe William Hill Sportsbook contains 180 seats, a 250-square-foot odds board, panoramic LED screens and is located adjacent Chickie's and Pete's Crab House & Sports Bar. In addition to betting windows, kiosks are open from 9 a.m. to 2 a.m. every day.Monday - Thursday: 10 a.m. - 12 a.m.Friday: 10 a.m. - 1 a.m.Saturday: 9 a.m. - 1 a.m.Sunday: 9 a.m. - 12 a.m.

Question 7

Is sports betting legal in New Jersey?

Accepted Answer

Yes. New Jersey was one of the first states to legalize sports betting and online wagering after the 2018 Supreme Court decision. In fact, New Jersey is one of the main reasons every state has the power to legalize sports betting after they pushed the Supreme Court to rule the Professional and Amateur Sports Protection Act (PASPA) as unconstitutional.That said, New Jersey has a few restrictions that other legalized states don't. Most notably, you cannot bet on college teams from New Jersey or any college events taking place in New Jersey.Daily Fantasy Sports were formally legalized in 2017 which set up a licensing process for prospective operators and the minimum playing age to 18 years old.As for the places you can bet, there is a wide range of online sportsbooks, with all of them having at least one connection to a physical book. Of note, each New Jersey sports betting license holder is permitted to have three online skins which is why some online gambling sites are connected to the same physical casino. If you're in New Jersey, be sure to check out our New Jersey sportsbook promos page for the latest sign-up offers.Online Sportsbooks888 Sport888 Sport is a worldwide gaming company that has a partnership with Caesars Entertainment, which owns Bally's in Atlantic City.bet365bet365, an online gambling company based out of the UK, is partnered with Hard Rock Hotel & Casino.BetAmericaBetAmerica, the online sportsbook from Churchill Downs Incorporated, is partnered with Golden Nugget.BetMGMBetMGM, the mobile betting operation of MGM Resorts, is partnered with the Borgata in Atlantic City.Borgata CasinoWhile the sportsbook at Borgata is operated by MGM, Borgata has its own online betting outlet in New Jersey.Caesars EntertainmentCaesars Casino and Sportsbook has an online betting app and is accessible through casinos at Bally's and Harrah's , both of which are under Caesars Entertainment.DraftKings SportsbookDraftKings Sportsbook was the first legal online option in New Jersey and operates under the license at Resorts Atlantic City, where they also have a physical sportsbook.FanDuel SportsbookFanDuel Sportsbook operates a physical book at the Meadowlands in East Rutherford, which also carries their online gaming permit.FOX BetFOX Bet was looped into a partnership with Resorts Atlantic City (via The Stars Group) for its online gaming license. FOX Bet entered an agreement with The Stars Group, the largest public gambling company in the world, in summer 2019. Golden NuggetGolden Nugget has their own Online Sportsbook which offers desktop, mobile and tablet betting.PointsBetPointsBet, an Australian online betting site, secured its gaming license through Meadowlands.Resorts CasinoSimilar to Golden Nugget, Resorts has its own online betting service, separate from the physical DraftKings Sportsbook at the Casino.SugarHouse SportsbookSugarHouse Online Casino opened in 2016 and they immediately added a Sportsbook when the bill passed in 2018. Sugarhouse's casino license is through Golden Nugget.theScore bettheScore, a digital media company based out of Toronto, secured a license for online betting through Monmouth Park.UnibetUnibet is partnered with Hard Rock Hotel & Casino.William HillWilliam Hill is one of the bigger operations in New Jersey (three locations) despite being a London-based bookmaker. It has physical sportsbooks at Monmouth Park, Ocean Casino and Tropicana.Physical SportsbooksBorgata, Atlantic CityBorgata Casino is the only place you can bet on horse racing in Atlantic City. The Race & Sports book includes 100 seats with individual flat-screen monitors, 10 betting windows, a video wall and an in-venue bar. The Moneyline Bar & Book has a 40' LED video wall, six betting windows, gaming kiosks, over 20 craft beers and a signature dining program. While Borgata has its own online betting system, the odds at Moneyline are provided by BetMGM.Monday - Friday: opens 11 a.m.Saturday - Sunday: opens 9 a.m.Caesars Sportsbooks, Atlantic CityBally'sThe Book has over 15,000 square feet of betting space with five Fan Caves (reservation), 102 seats, 30 VIP seats and a self-serve beer wall.Monday - Thursday: 11 a.m. - 11:30 p.m.Friday: 11 a.m. - 12 a.m.Saturday: 10 a.m. - 2 a.m.Sunday: 10 a.m. - 11:30 p.m.Harrah'sThe Book encompasses 3,800 square feet which includes LED TVs across the walls, plush seating, two Fan Caves and food service by AC Burger Company.Monday - Thursday: 11 a.m. - 11:30 p.m.Friday: 11 a.m. - 12 a.m.Saturday: 10 a.m. - 12 a.m.Sunday: 10 a.m. - 11:30 p.m.Golden Nugget, Atlantic CityThe Sportsbook has seating for more than 100 people, more than 50 TVs, five video walls and self-service betting kiosks.Monday - Friday: 12 p.m. - 10 p.m.Saturday - Sunday: 10 a.m. - 10 p.m.Hard Rock Hotel & Casino, Atlantic CityThe Sportsbook encompasses 3,800 square feet and includes six betting stations, 50 seats, 60 TVs and a Sports Bar which includes video poker slots. Monday - Thursday: 11 a.m. - 11 p.m.Friday: 11 a.m. - 12 a.m.Saturday - Sunday: 10 a.m. - 12 a.m.Meadowlands Racing & Entertainment, East RutherfordFanDuel Sportsbook at Meadowlands boasts 20' screens, 50-plus HDTVs, comfortable seating and Victory Sports Bar for food and drinks.Monday - Thursday: 10 a.m. - 1 a.m.Friday: 10 a.m. - 2 a.m.Saturday: 7 a.m. - 2 a.m.Sunday: 8 a.m. - 12 a.m.Monmouth Park, OceanportMonmouth Park was the first New Jersey location to introduce legal sports betting in June 2018. The William Hill Sports Book has over 100 HDTVs and a 75' video wall.Monday - Thursday: 10 a.m. - 1 a.m.Friday: 10 a.m. - 2 a.m.Saturday: 8 a.m. - 2 a.m.Sunday: 8 a.m. - 1 a.m.Ocean Casino Resort, Atlantic CityThis William Hill Sportsbook features a 7,500-square-foot integrated experience with a center bar that is open 24/7 surrounded by a panoramic video wall. VIP tables and suites (up to 10 people) are also available via reservation.Sunday - Thursday: 10 a.m. - 12 a.m.Friday - Saturday: 10 a.m. - 1 a.m.Resorts, Atlantic CityDraftKings Sportsbook features 5,000 square feet of action, ultra-high definition LED video walls, five betting windows, 18 betting kiosks (24/7) and a VIP seating area with food and bottle service.Monday - Friday: 10 a.m. - 1 a.m.Saturday - Sunday: 9 a.m. - 1 a.m.Tropicana, Atlantic CityThe William Hill Sportsbook contains 180 seats, a 250-square-foot odds board, panoramic LED screens and is located adjacent Chickie's and Pete's Crab House & Sports Bar. In addition to betting windows, kiosks are open from 9 a.m. to 2 a.m. every day.Monday - Thursday: 10 a.m. - 12 a.m.Friday: 10 a.m. - 1 a.m.Saturday: 9 a.m. - 1 a.m.Sunday: 9 a.m. - 12 a.m.Coming soon...Freehold Raceway is expected to add a sportsbook in 2020, though it's unknown who its parter will be.

Question 8

Is sports betting legal in North Carolina?

Accepted Answer

Sports betting in North Carolina is legal both online and at retail locations, and several North Carolina sportsbooks are now available.Be sure to claim our exclusive North Carolina sportsbook promos for thousands in bonus bets and other sign-up offers.Sports bettors also have the option of in-person betting. There are two Caesars sportsbooks located in the western region of the state, both within tribal casinos &mdash; the similarly named Harrah's Cherokee Casino Resort and Harrah's Cherokee Valley River. Additionally, a third tribal casino, the temporary Catawba Two Kings Casino, is open in Kings Mountain, situated west of Charlotte.Daily Fantasy Sports are allowed statewide and horse racing betting is only allowed at the sportsbooks above. Daily Fantasy Sports have never been formally legalized, but 2006 legislation considers them games of skill, so they continue to operate within North Carolina.Retail SportsbooksHarrah's, CherokeeHarrah's Cherokee Valley River, Murphy

Question 9

Is sports betting legal in Michigan?

Accepted Answer

Yes. Michigan sportsbooks have been legal since 2020, soon after the state passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020.The first three sportsbooks to open in Michigan were in Detroit, but there are 23 tribal casinos throughout the state that could take part in sports betting with some already having deals.Daily Fantasy Sports were formally legalized December 2019, but fantasy sites operated in Michigan long before that. The most notable rule in the bill is that the minimum participating age is 18, as opposed to 21 for sports betting.If you're a new sports bettor in Michigan, be sure to check out our exclusive Michigan sportsbook promos, updated weekly.Michigan SportsbooksBarstool SportsbookGreektown Casino, DetroitBarstool Sportsbook is located near Trappers Bar and features four wagering windows along with 40 self-service kiosks throughout the casino. The sportsbook also features 25 HDTVs and a 30-foot video wall.Sunday - Thursday: 9 a.m. - 12 a.m.Friday - Saturday: 9 a.m. - 2 a.m.BetMGMMGM Grand, DetroitThe BetMGM Sports Lounge has six betting windows, 14 self-service kiosks, 60 HDTVs, lounge seating and a full bar with craft cocktails and local beers. Reservations can be made through the MGM website. Online betting can be done through BetMGM.SportsbookMonday - Sunday: 9 a.m. - 11 p.m.LoungeMonday - Sunday: 11 a.m. - 1:30 a.m.BetRiversLittle River Casino Resort, ManisteeIn partnership with BetRivers, the River Rock Sportsbook & Grill has betting windows in the restaurant and 12, 24-hour sports-betting kiosks.Sportsbook Hours:Monday - Thursday: 2 p.m. - 12 a.m.Tuesday - Wednesday: 4 p.m. - 9 p.m.Friday: 12 p.m. - 12 a.m.Saturday - Sunday: 10 a.m. - 12 a.m.DraftKings SportsbookBay Mills Resort and Casinos, BrimleyDraftKings Sportsbook has a physical location at Bay Mills in Brimley, but it's also their entry to online/mobile betting in the state. Bay Mills is the longest-standing casino in Michigan, opening in 1995.FanDuel SportsbookMotorCity Casino, DetroitThe two-story FanDuel Sportsbook holds six betting windows, 67 HDTVs, a sports ticker, VIP area and 54 self-service IGT PlaySports betting kiosks. Monday - Thursday: 10 a.m. - 1 a.m.Friday: 10 a.m. - 2 a.m.Saturday: 9 a.m. - 2 a.m.Sunday: 9 a.m. - 1 a.m.FOX BetOdawa Casino, PetoskeyFOX Bet was one of the few sportsbooks not ready to launch early 2021. However, their partner at Odawa Casino still has a sportsbook up and running.Monday & Thursday: 6 p.m. - 10 p.m.Saturday - Sunday: 11 a.m. - 10 p.m.Golden Nugget CasinoGolden Nugget has a partnership with Ojibwa Casino in the Upper Peninsula, though there are no plans to open a sportsbook there as of early 2021.PointsBetNorthern Waters Casino Resort, WatersmeetWhile the sportsbook at the casino has yet to launch, PointsBet is still taking bets online, as they have a partnership with the Lac Vieux Desert tribe.TwinSpires SportsbookIsland Resort and Casino, HarrisOriginally BetAmerica, the TwinSpires Sportsbook has a local bar, sports-betting kiosks and is open 24/7.William Hill Sports BookTurtle Creek Casino, WilliamsburgThe William Hill Sports Book is located in the Onyx Sports Book at Turtle Hill with a satellite location at Leelanau Sands Casino. Onyx has over 20 HDTVs, a full-service bar and an outdoor patio.Monday - Thursday: 12 p.m. &ndash; 12 a.m.Friday - Saturday: 10 a.m. &ndash; 2:00 a.m.Sunday: 10 a.m. &ndash; 12 a.m.WynnBETWynnBET partnered with Kewadin Casinos to bring a betting experience to five different locations in the Upper Peninsula. None of them have physical sportsbooks as of 2021, but they all have sports-betting kiosks available.Locations:ChristmasHesselManistiqueSt. IgnaceSault Ste. MarieComing soon...There are numerous other sportsbooks in the works as Michigan has 23 tribal casinos with most of them interested in getting into sports.Given the expansive list of casinos still on the market for sports betting, there are certain to be other sportsbooks coming to Michigan.

Question 10

When will sports betting be legal in Pennsylvania?

Accepted Answer

Pennsylvania passed legislation to allow sports betting in 2017. Pennsylvania sportsbooks began taking bets in 2019, becoming the seventh state to officially start accepting bets and fourth to allow online sports betting.It was a gradual process for the state to officially launch sports betting as regulations were ironed out for more than a year following the repeal of PASPA in 2018. Online sports betting began May 2019 and the first physical sportsbook opened a few months later in November.Daily Fantasy Sports were always considered a game of skill in Pennsylvania and never deemed illegal, though they were formally legalized in 2017 as part of the major gambling bill.As of 2024, Pennsylvania had 10 physical sportsbooks with more possible by the end of the year. Most of them have the ability to bet online or through a mobile device, and also offer  PA sportsbook promos.Pennsylvania SportsbooksBetAmericaPresque Isle Downs & Casino, ErieBetAmerica Sportsbook has 50 sports betting kiosks located in the casino with half of them in the sportsbook area, which also includes a wall of TVs. The main draw for BetAmerica is their online app, where you can bet online in Pennsylvania. BetRiversRivers Casino, PittsburghThe BetRivers Sportsbook features a 5,500-square-foot space for up to 195 guests, including private booths, club chairs with charging ports, six betting windows and 33 self-service kiosks. It also has two 50' x 7' LED video walls and a state-of-the-art bar. Of note, no betting on horses is allowed. Online betting can be done through BetRivers.Monday - Thursday: 10 a.m. - 12 a.m.Friday - Saturday: 10 a.m. - 2 a.m.Sunday: 9 a.m. - 12 a.m.Rivers Casino, PhiladelphiaFormerly known as SugarHouse Casino, this BetRivers Sportsbook has club seating, ticket windows and Express Kiosks to go with electronic poker at the SportsBook Bar. Online betting goes through BetRivers with the SugarHouse name attached, which was technically the first operator to offer online sports betting in the state.Monday - Friday: 10 a.m. - 1 a.m.Saturday - Sunday: 9 a.m. - 1 a.m.Caesars EntertainmentHarrah's, ChesterThe Book at Harrah's is equipped with lounge seats, custom bar seating and over 45 large-screen TVs in addition to food and drinks tailored specifically for gameday. Harrah's is partnered with Caesars Entertainment for online betting.Monday - Friday: 11 a.m. - closeSaturday - Sunday: 10 a.m. - closeDraftKings SportsbookMeadows Casino, WashingtonThe Sportsbook can be accessed easily in the middle of Meadows Casino where they have 18 sports wagering terminals and 86" 4k ultra HDTVs with food and drink service. Meadows is partnered with DraftKings for online betting.Sunday - Saturday: 10 a.m. - 12 a.m.FanDuel SportsbookValley Forge Casino, King of PrussiaThe FanDuel Sportsbook offers 1,800 square feet of betting, two sports tickers, seven betting windows and 27 TVs. It's powered online by FanDuel where you can place all bets.Monday - Thursday: 10 a.m. - 12 a.m.Friday: 10 a.m. - 1 a.m.Saturday: 9 a.m. - 1 a.m.Sunday: 9 a.m. - 12 a.m.FOX BetMount Airy Casino, Mount PoconoThe Sports Book contains 40 state-of-the-art TVs showing up to 15 games at a time, luxury seating and an in-house bar open on the weekends. Betting takes place at three teller windows and eight kiosks, which are available 24/7. Mount Airy is partnered with FOX Bet to accept online action.Monday - Friday: 2 p.m. - 10 p.m.Saturday: 10 a.m. - 12 a.m.Sunday: 10 a.m. - 10 p.m.Hollywood SportsbookHollywood Casino, GrantvilleHollywood ended their partnership with William Hill in 2019 and took their own route, using Kambi to power sports odds. The Sportsbook features viewing stations, lounge seating and 50 feet of wall space dedicated to TVs. The Skybox Sports Bar is next door where food and drinks are readily available. As of April 2020, online betting was not available through Hollywood Sportsbook.Monday - Friday: 11 a.m. - 12 a.m.Saturday - Sunday: 10 a.m. - 12 a.m.Parx CasinoParx is the biggest casino in Pennsylvania in terms of revenue and is partnered with GAN and Kambi to supply online sports betting and three physical locations. The sportsbook at Parx Casino is the main in-person attraction with luxury seating, large video boards, numerous betting windows and 24/7 kiosks.Parx Casino, BensalemThe new sportsbook boasts a 7,400-square-foot space with six live tellers, 18 kiosks, 196 seats and a 156' video wall that can play up to 36 games at the same time. There is also a bar that holds another 36 seats which includes a full menu of food and drink.South Philadelphia Race & Sportsbook, PhiladelphiaThe remodeled venue has over 100 HD displays, betting windows, nine self-service kiosks and a modernized kitchen.Oaks Race & Sportsbook, OaksIn the same mold as South Philly, the Oaks location renovated the area to contain over 100 HD displays, six sports betting windows and 14 self-service kiosks.Hours for all locationsMonday - Thursday: 12 p.m. - 11 p.m.Friday: 12 p.m. - 12 a.m.Saturday: 10 a.m. - 12 a.m.Sunday: 10 a.m. - 11 p.m.UnibetMohegan Sun, PoconoThe Unibet Sportsbook features a high-definition video wall, comfortable seating, a full-service bar and state-of-the-art betting terminals. Food in the area is provided by Molly O'Sheas. Online betting can be done through Unibet.Sunday - Thursday: 11 a.m. - 12 a.m.Friday - Saturday: 11 a.m. - 1 a.m.Coming soon...As of early 2020, William Hill was next in line to partner with a casino in order to offer online betting.

Question 11

Is sports betting legal in Pennsylvania?

Accepted Answer

Yes. Pennsylvania passed legislation to allow sports betting in 2017. Pennsylvania sportsbooks began taking bets in 2019, becoming the seventh state to officially start accepting bets and fourth to allow online sports betting.It was a gradual process for the state to officially launch sports betting as regulations were ironed out for more than a year following the repeal of PASPA in 2018. Online sports betting began May 2019 and the first physical sportsbook opened a few months later in November.Daily Fantasy Sports were always considered a game of skill in Pennsylvania and never deemed illegal, though they were formally legalized in 2017 as part of the major gambling bill.As of 2024, Pennsylvania had several physical sportsbooks, mobile apps and online betting sites, most of which offer great Pennsylvania sportsbook promos.Pennsylvania SportsbooksBetAmericaPresque Isle Downs & Casino, ErieBetAmerica Sportsbook has 50 sports betting kiosks located in the casino with half of them in the sportsbook area, which also includes a wall of TVs. The main draw for BetAmerica is their online app, where you can bet online in Pennsylvania. BetRiversRivers Casino, PittsburghThe BetRivers Sportsbook features a 5,500-square-foot space for up to 195 guests, including private booths, club chairs with charging ports, six betting windows and 33 self-service kiosks. It also has two 50' x 7' LED video walls and a state-of-the-art bar. Of note, no betting on horses is allowed. Online betting can be done through BetRivers.Monday - Thursday: 10 a.m. - 12 a.m.Friday - Saturday: 10 a.m. - 2 a.m.Sunday: 9 a.m. - 12 a.m.Rivers Casino, PhiladelphiaFormerly known as SugarHouse Casino, this BetRivers Sportsbook has club seating, ticket windows and Express Kiosks to go with electronic poker at the SportsBook Bar. Online betting goes through BetRivers with the SugarHouse name attached, which was technically the first operator to offer online sports betting in the state.Monday - Friday: 10 a.m. - 1 a.m.Saturday - Sunday: 9 a.m. - 1 a.m.Caesars EntertainmentHarrah's, ChesterThe Book at Harrah's is equipped with lounge seats, custom bar seating and over 45 large-screen TVs in addition to food and drinks tailored specifically for gameday. Harrah's is partnered with Caesars Entertainment for online betting.Monday - Friday: 11 a.m. - closeSaturday - Sunday: 10 a.m. - closeDraftKings SportsbookMeadows Casino, WashingtonThe Sportsbook can be accessed easily in the middle of Meadows Casino where they have 18 sports wagering terminals and 86" 4k ultra HDTVs with food and drink service. Meadows is partnered with DraftKings for online betting.Sunday - Saturday: 10 a.m. - 12 a.m.FanDuel SportsbookValley Forge Casino, King of PrussiaThe FanDuel Sportsbook offers 1,800 square feet of betting, two sports tickers, seven betting windows and 27 TVs. It's powered online by FanDuel where you can place all bets.Monday - Thursday: 10 a.m. - 12 a.m.Friday: 10 a.m. - 1 a.m.Saturday: 9 a.m. - 1 a.m.Sunday: 9 a.m. - 12 a.m.FOX BetMount Airy Casino, Mount PoconoThe Sports Book contains 40 state-of-the-art TVs showing up to 15 games at a time, luxury seating and an in-house bar open on the weekends. Betting takes place at three teller windows and eight kiosks, which are available 24/7. Mount Airy is partnered with FOX Bet to accept online action.Monday - Friday: 2 p.m. - 10 p.m.Saturday: 10 a.m. - 12 a.m.Sunday: 10 a.m. - 10 p.m.Hollywood SportsbookHollywood Casino, GrantvilleHollywood ended their partnership with William Hill in 2019 and took their own route, using Kambi to power sports odds. The Sportsbook features viewing stations, lounge seating and 50 feet of wall space dedicated to TVs. The Skybox Sports Bar is next door where food and drinks are readily available. As of April 2020, online betting was not available through Hollywood Sportsbook.Monday - Friday: 11 a.m. - 12 a.m.Saturday - Sunday: 10 a.m. - 12 a.m.Parx CasinoParx is the biggest casino in Pennsylvania in terms of revenue and is partnered with GAN and Kambi to supply online sports betting and three physical locations. The sportsbook at Parx Casino is the main in-person attraction with luxury seating, large video boards, numerous betting windows and 24/7 kiosks.Parx Casino, BensalemThe new sportsbook boasts a 7,400-square-foot space with six live tellers, 18 kiosks, 196 seats and a 156' video wall that can play up to 36 games at the same time. There is also a bar that holds another 36 seats which includes a full menu of food and drink.South Philadelphia Race & Sportsbook, PhiladelphiaThe remodeled venue has over 100 HD displays, betting windows, nine self-service kiosks and a modernized kitchen.Oaks Race & Sportsbook, OaksIn the same mold as South Philly, the Oaks location renovated the area to contain over 100 HD displays, six sports betting windows and 14 self-service kiosks.Hours for all locationsMonday - Thursday: 12 p.m. - 11 p.m.Friday: 12 p.m. - 12 a.m.Saturday: 10 a.m. - 12 a.m.Sunday: 10 a.m. - 11 p.m.UnibetMohegan Sun, PoconoThe Unibet Sportsbook features a high-definition video wall, comfortable seating, a full-service bar and state-of-the-art betting terminals. Food in the area is provided by Molly O'Sheas. Online betting can be done through Unibet.Sunday - Thursday: 11 a.m. - 12 a.m.Friday - Saturday: 11 a.m. - 1 a.m.Coming soon...As of early 2020, William Hill was next in line to partner with a casino in order to offer online betting.

Question 12

What is a unit in sports betting?

Accepted Answer

A unit in sports betting is a measurement of the size of a given bet. It's mainly used because everyone's bankroll is different and a unit refers to the percentage of a bankroll. One unit is usually equal to one percent of a bankroll, though it's not the same for everyone.For example, if your bankroll is $1,000, one unit would be $10 or 1%. In this situation, if someone puts three units on a wager with a sports betting app, it would be a $30 bet. If you're a serious bettor, it's rarely a good idea to make a bet with more than five units unless you know something everyone else doesn't. Often, a one-unit play compared to a five-unit play is in reference to a bettor's confidence. If you really like a certain bet, you can lay five units on it.If you're not a serious bettor, units aren't a major deal because you can go into a sportsbook with a set amount of money and bet it all in one night, and also claim sportsbook promos. Maybe you won't spend all of the money on one bet, but if you keep losing, a $500 bankroll can disappear fairly quickly if you're making $100 bets.How are units used in the betting world?Units are often what matter most in the betting world, at least for bettors who share their statistics (like touts). Someone could have a 10-0 betting record and be up 10 units, but a person with a 4-6 record could be up more units if they played their cards right. That's because the four wins could all be five-unit plays, but the six losses are just one-unit bets, making the total tally up 14 units. Either that or the bettor with a 4-6 record was betting on a lot of underdogs and four of them hit.While having a good record is nice to show your friends, the amount of units you're up is what technically matters most, and it's usually what people in the betting world use.

Question 13

Is sports betting legal in West Virginia?

Accepted Answer

Yes. West Virginia passed a law to legalize and regulate sports betting in 2018 before the repeal of PASPA. Once that happened at a federal level, sports betting was immediately legal in the state with the Lottery Commission overseeing regulations and licensing in regards to in-person and online betting.More specifically, each of the five casinos in the state was allowed to hold licenses and operate three individually-branded online sites. With the maximum number of online sportsbooks set at 15, the number will continue to grow until that number is reached. Betly and BetMGM were the most recent sportsbooks to join the state, securing partnerships in early 2020.Now, you can also bet at other top wagering platforms like Caesars Sportsbook and DraftKings Sportsbook. Sign up and bet at the best sportsbook promos to grab generous bonus bets today. Daily Fantasy Sports and horse racing betting are also allowed in the state. Fantasy sports were deemed a game of skill and in turn, are considered legal by West Virginia, though there is no formal legislation for them.Retail SportsbooksThe Greenbrier, White Sulphur SpringsFanDuel Sportsbook is located inside The Casino Club, America's only private casino. The sportsbook lounge has 21 TVs and four betting terminals in addition to live entertainment, international cuisine and world-class gaming experiences.Sunday - Thursday: 1 p.m. - 1 a.m.Friday: 1 p.m. - 4 a.m.Saturday: 11 a.m. - 4 a.m.The Greenbrier is partnered with FanDuel and BetMGM where online and mobile betting can be done.Hollywood Casino, Charles TownThe Sportsbook features lounge seating with individual viewing stations, 24 odds monitors and 50 feet of wall space for 80" TVs. It's found next to Skybox Sports Bar where food and drinks are available.Monday - Sunday: 12 p.m. - 8 p.m.Hollywood Casino is partnered with DraftKings to offer online sports betting.Mardi Gras Casino, Cross LanesSports betting returned to Mardi Gras Casino early 2020 through a new partnership with International Game Technology and betly. The Betly Sportsbook has teller windows that are open almost 24/7 along with betting kiosks.Teller WindowsMonday - Sunday: 6:30 a.m. - 5:30 a.m.Betting KiosksMonday - Sunday: 8:45 a.m. - 5:45 a.m.Delaware North, owners of the track, have a partnership with betly, who is expected to release online sports betting capabilities in 2020.Mountaineer Casino, New CumberlandWilliam Hill's Sports Book includes comfortable seating surrounded by a huge video wall, while bets can be made at the numerous terminals and kiosks.Monday - Thursday: 10 a.m. - 12 a.m.Friday: 10 a.m. - 1 a.m.Saturday: 9 a.m. - 1 a.m.Sunday: 9 a.m. - 12 a.m.Mountaineer Casino is partnered with William Hill to offer online sports betting.Wheeling Island Casino, WheelingSimilar to Mardi Gras Casino, sports betting returned to Wheeling Island early 2020 via a new partnership. Also a Betly Sportsbook, it features a multi-screen video wall, casual loungers, high-top tables and an in-venue bar.Teller WindowsMonday - Thursday: 11 a.m. - 12 a.m.Friday: 11 a.m. - 2 a.m.Saturday: 10 a.m. - 2 a.m.Sunday: 10 a.m. - 12 a.m.Betting KiosksMonday - Sunday: 8:45 a.m. - 5:45 a.m.

Question 14

Is sports betting legal in Arkansas?

Accepted Answer

Yes. Sports betting was legalized in Arkansas in 2018, but it remains illegal online. Betting can be done at four physical locations, two of which are racetracks and the other two are proposed casinos.Arkansas legalized sports betting through a statewide ballot measure November 2018 and it officially launched July 2019 for in-person wagering at retail locations. Online sports betting in Arkansas went live in March 2022. When you sign up for a new mobile sportsbook, new players can take advantage of generous welcome offers with the best sportsbook promos.Oaklawn Racing Casino, Hot SpringsThe Race & Sports Book at Oaklawn is provided by SB Tech, a world-wide bookmaker. In addition to tellers, the Sports Book has six betting kiosks and Silks Bar and Grill has four more kiosks.Betting WindowsMonday - Sunday: 10 a.m. - 10 p.m.Saracen Casino, Pine BluffThe Saracen Casino Annex currently takes sports bets, but the official Casino is set to open in the second half of 2020. The Annex (open 24/7) is adjacent to Saracen Q Store and features a sports betting kiosk and full-service sports bar.Southland Casino, West MemphisBetly Sportsbook at Southland is in partnership with International Game Technology, who provide 24/7 kiosks and betting equipment. Betting can be done at the Sports Bar & Grill. Betting WindowsMonday - Sunday: 10 a.m. - 11 p.m.Coming soon... The fourth betting option in Arkansas has yet to be built as legal battles are ongoing for rights to a casino in Russellville. This option seems a long way away and is unlikely to happen until 2021 or 2022.

Question 15

Where is DraftKings legal?

Accepted Answer

DraftKings is a legal sports betting app, online site or retail sportsbook in the following states.Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, and Wyoming. You don't need to be a resident of any of these states to place a bet at DraftKings. You simply need to be located in the state at the time you place a bet.You can also bet on sports outside the U.S. on DraftKings Sportsbook in Ontario, Canada. DraftKings is also legal for Daily Fantasy Sports (DFS) in all but six U.S. states -- Hawaii, Idaho, Montana, Nevada, Oregon, and Washington.If you are located in a state that DraftKings is available, use the DraftKings promo code link to sign up now.Here are some additional state-specific sportsbook promos from DraftKings:DraftKings OhioDraftKings MarylandDraftKings Massachusetts

Question 16

Can you bet on sports if you are under 21 years old?

Accepted Answer

While 21 is the more common age limit, there are states in which you can bet on sports if you are at least 18 years old. Each state determines its own age requirement and there are some states with different age levels, depending on the location. In terms of sports betting, all but four states require residents to be at least 21 years old in order to take part, those being Kentucky, Montana, New Hampshire, Rhode Island and Washington D.C. where the age limit is 18 and over, and anyone of age can claim sportsbook promos and use legal, regulated sportsbooks within state lines.As for gambling in general, some states may have an age limit of 18 for sports betting apps and sites, but at casinos that sell liquor, you have to be at least 21 years old.Alabama21Alaska18Arizona21Arkansas21California18, 21Colorado21Connecticut18, 21Delaware21Florida18, 21Georgia21Hawaii21Idaho18Illinois21Indiana21Iowa21Kansas21Kentucky18, 21Louisiana21Maine18Maryland21Massachusetts21MichiganIndian casinos 19, Detroit casinos 21Minnesota18Mississippi21Missouri21Montana18Nebraska18Nevada21New Hampshire18, 21New Jersey21New Mexico21New YorkSeneca casinos 21, Other casinos 18North Carolina21North Dakota21Ohio18Oklahoma18, 21Oregon18, 21Pennsylvania21Rhode Island18South Carolina21South Dakota21Tennessee21Texas21Utah21Vermont21Virginia21Washington18, 21West Virginia21Wisconsin21Wyoming21

Question 17

What do + and - mean in sports betting?

Accepted Answer

The plus (+) and minus (-) with sports betting apps, sites or retail sportsbooks can refer to either the point spread or betting odds.SpreadIn terms of the spread, the " - " always refers to the favorite and the " + " always refers to the underdog. For example, you can bet the Dallas Cowboys as a -7 point favorite to beat the Green Bay Packers or the Packers as a +7 point underdog. If you bet the Cowboys -7 and they win by more than seven points, you win your bet. Similarly, if you bet the Packers +7, as long as they lose by less than seven points or win outright, you win your bet.OddsIt's a similar case for the betting odds, though favorites don't always have a " - ," especially in sports like baseball, hockey or soccer where final results are often decided by one run or one goal. It's especially the case in soccer since matches can end in draws, whereas a winner is declared in almost every other sport because of overtime rules. However, in most cases, the favorite will have a " - " in front of its moneyline odds while the underdog will always have a "+ ." For an example of moneyline betting odds, you can bet the Eagles as a -150 favorite to win or the Giants as a +180 underdog to win. If you bet $100 on the Eagles to win at -150, you would net a payout of $166.70. If you bet on the Giants to win at +180, the payout would be $280 because they are an underdog.For something like soccer, Arsenal could be a +150 favorite against Everton as a +190 underdog, while the draw would be set at +220. In this case, the payout would be decent for every situation mainly because the teams are even and there are three possible results compared to just two for something like football (unless they go scoreless in overtime). In this case where both teams have a " + " in front of their odds, the team with the lower number is the favorite. The lower number also means a lower payout, which is always the case for betting the favorite on the moneyline. A $100 bet on Arsenal +150 would net $250, while a $100 bet on Everton +190 would net $290. Going further, a $100 bet on the draw at +220 would payout $320. Now that you know what plus and minus mean in sports betting, be sure to claim some of the best sportsbook promos available, including:bet365 bonus codeBetMGM bonus codeCaesars Sportsbook promo codeDraftKings promo codeFanatics Sportsbook promoFanDuel promo code

Question 18

Is sports betting legal in Maine?

Accepted Answer

Maine is on the verge of allowing top sports betting sites to legally operate. While Governor Mills signed a sports betting bill into law in May 2022 to authorize in-person betting at retail casinos and off-track betting facilities, online sportsbooks have yet to go live in the Pine Tree State. Legal online sports betting in Maine may not launch until 2024, which means it is never too early to be on the lookout for exclusive sports betting promos. In addition to sports betting and casinos being fairly new in the state, Daily Fantasy Sports and horse racing betting  are both regulated. Fantasy sports have never been an issue in Maine and were officially regulated in 2017 with fairly generic laws that include the minimum age to play being 18 years old.

Question 19

What is the DraftKings promo code for today?

Accepted Answer

The DraftKings promo code for today gives new users a Bet $5, Get $200 in bonus bets instantly welcome offer. By signing up with the DraftKings promo code link, all you have to do is make your first deposit of at least $5 and place a $5 first bet. After completing those actions, you get $200 in bonus bets. The bonus bets are paid out as eight $25 bonus bets totaling $200 in bonus credits. These promotional funds expire in seven days and have a 1x playthrough requirement.

Question 20

When will sports betting be legal in Kentucky?

Accepted Answer

Kentucky sports betting went live on September 28, 2023. This means that you can claim the best Kentucky betting promos that include the BetMGM Kentucky bonus code and the Caesars Sportsbook Kentucky promo code.

Question 21

Is sports betting legal in Kentucky?

Accepted Answer

Sports betting is legal in Kentucky, and Kentucky betting apps are live as of September 2023. Claim the best Kentucky sportsbook promos including the BetMGM Kentucky bonus code and the Caesars Sportsbook Kentucky promo code for generous welcome offers. Daily Fantasy Sports and horse racing betting are allowed along with skill and lottery games, however, poker is considered gambling and not allowed in the state.

Question 22

Vig Betting: What is A Vig in Gambling

Accepted Answer

In sports betting, the vig plays a crucial role in how sportsbooks generate profit. Understanding the vig is essential for making informed wagers.What is Vig in Betting?The vig, or vigorish, is the cut or amount charged by sports betting sites for taking a bet, also known as juice in slang terms. The sportsbook only collects the vig if the bettor loses the wager.For example, a point spread is often listed with -110 odds. If the Eagles are -6.5-point favorites, that would be at -110 odds. If there was no vig, it would be at even odds, or +100. With the vig, a $100 bet would result in a $190 payout. If there was no vig, a $100 bet would result in a $200 payout. This simply means if you want to win $100, you'd have to bet $110 because of the vig, and when the bet loses, that $10 goes straight to the sportsbook. Using sportsbook promos like odds boosts is a great way to lower the vig and increase your potential payout. For example, the BetMGM bonus code ROTOSPORTS offers a first bet bonus of up to $1,500 and access to numerous odds boosts and ongoing promotions. Similarly, the Caesars Sportsbook promo code ROTODYW provides a Bet $1, Double Your Winnings on Your Next 10 Bets welcome offer, along with daily bonuses and promos.Of course, not all sports betting apps are the same, and sometimes regular odds are listed at -115 or -120. As more states legalize sports betting, the variety in vigs across states will be a talking point. That's because a lot of in-person sportsbooks take a higher cut of bets than online sportsbooks, which receive more bets because they are more widely accessible. While each state has different rules, there are certain states where sportsbooks have a higher vig across the board, no matter where you wager.There are also situations where -110 odds would push to -120 or higher because that bet is getting a lot of money. If a lot of people are betting the Eagles at -6.5 (public money) and the sportsbook doesn't want to move that number to -7, they'll push the odds to -120 or -130, meaning a $100 bet would result in an even smaller payout.

Question 23

What are sports betting futures?

Accepted Answer

A futures bet is a bet on a future event, usually before a season starts. It's one of the easier terms to understand in sports betting because they deal with betting on the future. Most sports have the ability to bet on futures because every sport has a future. In the NFL, you can bet on who will win the Super Bowl, who will play in the Super Bowl and who will win each division, among other things. In college football, you can bet on who will win the Heisman and who will win each conference. In soccer, you can bet on who will win the league and who will lead the league in scoring.An example for Super Bowl odds would look something like this, though the list would go 32 teams deep: New England Patriots+500Kansas City Chiefs+700Dallas Cowboys+800San Francisco 49ers+1000Pittsburgh Steelers+1200Going further for NFL futures, you can also bet on how many touchdowns or yards a certain player will get. For example, you can make a futures bet on Tom Brady if he will throw for more than 4,500 yards or more than 30 touchdowns. Not every sportsbook has an extravagant list for futures bets, but as sports betting grows across the country, the amount of things you can bet on before the season will only grow.

Question 24

Can you bet on the Super Bowl?

Accepted Answer

Yes. Where legal, Super Bowl odds are some of the most popular wagers in the world, if not the most popular.While you can make the usual point spread and over/under bets, the Super Bowl is known for the array of proposition bets that are possible. Those have become even more popular at online sportsbooks since PASPA was overturned in 2018. Online sportsbooks like DraftKings and FanDuel have tons of prop bets available whether you want to bet on a point spread or total for a given quarter or half, or go deep and project how many yards a quarterback throws for or how many touchdowns the running back will get. Going further, those sportsbooks also have extreme props that don't relate to the game such as the over/under time for the National Anthem and the color of the post-game Gatorade poured on the winning coach.As sports betting legalizes across the country, more and more sites will come up with extravagant props for the Super Bowl because it's the most popular single event. But while that happens, Las Vegas will remain the hub for sports betting because of the endless amount of options.

Question 25

What is a hedge in sports betting?

Accepted Answer

A hedge is a method to reduce risk and secure winnings for a specified bet. It means betting the opposite side of your original wager in order to either try to middle the game, or to reduce the downside exposure of the original wager.The most popular instance of hedging is for a futures bet. For example, you bet the San Francisco 49ers at +2500 to win the Super Bowl ahead of the season and they eventually make it. Instead of riding out the +2500 and hoping the 49ers win, you could hedge that bet and take the opposing team, the Kansas City Chiefs, to win on the moneyline. While you'll get more money if you ride out the original bet, there's also more of a chance you'll come out with nothing. If you hedge and bet the Chiefs, you'll win something no matter the result of the game. Below is a breakdown of payouts in a possible hedge on Super Bowl odds:Original wager: $100 futures bet on 49ers at +2500 for a $2,600 payout ($2,500 profit)Hedge: $1,000 on Chiefs ML -150 in the Super Bowl for a $1,667 payout ($667 profit)With Hedge49ers win: $2,600 payout - $1,000 bet - $100 bet = $1,500 profitChiefs win: $1,667 payout - $1,000 bet - $100 bet = $567 profitWithout Hedge49ers win: $2,500 profitChiefs win without hedge: down $100As seen with a hedge, the bettor comes out in the positive no matter how the game goes. Without the hedge, the bettor wins a bit more after a 49ers win but also comes out negative if the Chiefs win as a favorite.Should you hedge a bet?Hedging a wager comes down to personal preference. Some people are fine with a positive payout and prefer not to risk everything, which is when a hedge makes sense. As for those who are keen on their original wager and are fine with losing money if the other side wins, there's no reason to hedge.More hedgingHedging can be done with almost any kind of bet. Futures bets may be the most popular instance to hedge, but as sports betting grows, in-play wagering with sports betting apps is also at an all-time high. If a bet isn't looking good halfway through a game, hedging with an in-play bet could be done. In this case, it's important to note all possibilities in a game because if you make the wrong hedge, you may be out two bets if something crazy happens. For example, you bet the Titans -7 to beat the Colts and they open the second quarter down 14-0. Since it's looking like the Colts will win, you decide to hedge the Colts moneyline at -150. Unfortunately, the Colts let up in the second half and the Titans eventually win on a late field goal, meaning both of your bets lose. If you want to hedge in-game, it's usually best to know what you're doing instead of blindly betting the opposite side.Another possible hedge method is in a parlay. Luckily, these are a little more straightforward than an in-game hedge. The easiest example is if your first two bets win in a three-team parlay. If you want to guarantee winnings, you simply hedge by betting the opposite side in the third bet of the parlay. You'll guarantee winnings, though the payout will be smaller.

Is sports betting legal in Illinois?