Sports Betting Q&A
Frequently asked questions about sports betting
See All Questions

When was sports betting legalized?

Sports betting was allowed to be legalized at a state level in 2018 after the Professional and Amateur Sports Protection Act (PASPA) was struck down.

Passed in 1992, PASPA banned sports betting for all but four states. Delaware, Montana and Oregon were allowed to have ongoing sports lotteries, while Nevada had licensed sports pools. The lone state to take advantage of legalized sports betting was Nevada, which has grown into a powerhouse and destination for sports bettors across the country.

Since PASPA was overturned, numerous states have legalized sports betting and many more have legislation in the works.

As of 2021, there are 21 states (and Washington D.C.) that have legalized sports betting, and more are set to pass bills in the coming years.

Arkansas

Sports betting in Arkansas was legalized in 2018 and officially launched 2019, though it can only be done at physical sportsbooks.

Colorado

Colorado legalized sports betting late 2019 and officially launched May 2020 amidst the Coronavirus pandemic. 

Delaware

Delaware was the first state to legalize sports betting following the repeal of PASPA in 2018. Of note, wagering is only allowed at physical sportsbooks, though the hope for residents is that online betting is eventually allowed late 2020 or early 2021.

Illinois

Illinois passed sports betting legislature June 2019 and launched at physical sportsbooks March 2020. Online betting also became legal in June 2020.

Indiana

Indiana legalized sports betting in 2019 and launched shortly after in October of that year. With sportsbooks like DraftKings and FanDuel leading the way, online betting was immediately available at launch.

Iowa

Iowa began taking sports bets August 2019 in all capacities and starting 2021, bettors didn't have to register in person in order to make bets.

Michigan

Michigan passed legislation to allow sports betting in December 2019 and the first physical sportsbooks opened March 2020, while online sports betting launched January 2021.

Mississippi

Sports betting in Mississippi officially launched August 2018, though online wagering can only be done on the premises of casinos.

Montana

Montana legalized sports betting in 2019 and it officially launched March 2020 through the state lottery. Betting can be done at licensed bars and restaurants, but mobile betting doesn't work outside of those locations.

Nevada

Nevada was the lone state that operated sportsbooks throughout PASPA and while that's the case, the process isn't as easy as one would think to bet online. In order to bet using an app, you have to set up an account in person, filling out a players club card in the process.

New Hampshire

Sports betting was legalized in New Hampshire in 2019 and launched online through DraftKings Sportsbook. While physical sports betting has yet to happen, that should change late 2020 or at some point in 2021.

New Jersey

New Jersey was one of the first states to legalize sports betting after helping repeal PASPA in 2018. Since launch, the state has allowed mobile and in-person betting.

New Mexico

There is no bill that passed sports betting in New Mexico, but due to a 2015 gaming compact, wagering can be done at four tribal casinos and not online.

New York

Sports betting officially launched in New York in July 2019 and and while online betting is not yet legal, legislation is in the works and could be ready by 2021.

North Carolina

While North Carolina legalized wagering in 2019, betting had not launched as of spring 2020. That said, two sportsbooks are expected to open by the fall and online betting could be an option by 2021 if bills get passed.

Oregon

Oregon hasn't passed a sports betting bill, but it was grandfathered in after being exempted from PASPA. Sports betting has been offered by the state lottery since 2018 and regulations are in the works to add more physical sportsbooks. As of 2020, in-person betting was only possible at one casino.

Pennsylvania

Pennsylvania officially launched full-fledged sports betting in 2019 with mobile wagering included.

Rhode Island

Sports betting opened in Rhode Island in 2018 and has since passed a couple more bills to grow the business, including online methods. Betting is allowed at two casinos and online wagering is offered through the state lottery.

Tennessee

Sports betting was legalized in 2019 and launched in 2020. Since it has no casinos, Tennessee is the only state that has online-only sports betting.

Virginia

Sports betting laws went into effect July 2020, but residents weren't able to make their first bets until January 2021.

Washington

Washington became the 21st state to legalize sports betting March 25, 2020. That being the case, a launch date has yet to be announced amidst the Coronavirus pandemic.

Washington D.C.

D.C. passed a bill in 2019, but as of spring 2020, had not yet launched. As a positive, a mobile lottery app is expected to launch ahead of the fall football season.

West Virginia

West Virginia launched sports betting in the fall of 2019 and while the process was long, it's growing by the day. Betting is possible at five physical sportsbooks and numerous online outlets.

Read More Sports Betting Q&As

More Questions To Read

Get started by activating the BetMGM bonus code ROTOBONUS. This gets you a welcome offer worth up to $1,000 on the BetMGM sportsbook platform. All you have to do is click the links on this page or enter the bonus code and you'll get your welcome promotion.

🎁 BetMGM Bonus CodeROTOBONUS
🎁 BetMGM Bonus Code OfferFirst Bet Offer Up To $1,000
📲 Mobile App AvailabilityiOS and Android devices
Bonus Code Verified On:March 24, 2023

The bonus is valued at up to $1,000 in bonus bets, so be sure to claim yours right away with the links on this page and/or the code "ROTOBONUS".

Anyone in eligible states and provinces can claim this BetMGM welcome bonus by signing up for a new account and making a deposit of at least $10. Simply click the link above to sign up at BetMGM and claim your welcome offer today. 

How Do I Redeem The BetMGM Bonus Code?

In order to use the bonus code, use our BetMGM promo link and go through the registration process. Enter the BetMGM bonus code ROTOBONUS in the proper field and you will get a first bet offer, up to $1,000.

Then, you will be able to wager on anything you please at the BetMGM Sportsbook.

The BetMGM bonus offer is also available for BetMGM casino users as they will get a $25 sign-up bonus along with a 100% deposit bonus, worth up to $1,000.

What States Can I Claim The BetMGM Bonus Code?

The BetMGM bonus code ROTOBONUS is available in eligible U.S. states where BetMGM is operating as well as in Ontario, Canada. If you are in the U.S., these states include: Arizona, Colorado, Illinois, Indiana, Kansas, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wyoming, and Washington D.C.

BetMGM's most recent launch was in Ohio under the brand BetMGM Ohio. It is expected to launch in Massachusetts in March 2023 under the BetMGM Massachusetts brand.

The NCAAB BetMGM bonus code is "ROTOBONUS" and it was a very attractive "Bet $10, Win $200" offer for new customers. Anyone could sign up for a BetMGM Sportsbook account and place a $10 bet on any NCAAB game. If a single 3-pointer was scored in the game, the new customer would receive $200 in free bets via this slam dunk BetMGM sign-up offer.

Sign up with the FanDuel promo code and you will get a No Sweat First Bet worth up to $1,000.

In order to receive this generous welcome bonus from FanDuel Sportsbook, you must be at least 21 years old and located in a state where FanDuel operates in. After you click through the FanDuel promo code link, make the minimum deposit of $10 to be eligible for this welcome bonus.

🎁 FanDuel Promo Code➡️ No Sweat First Bet
🖊️ FanDuel Welcome Bonus$1,000 No Sweat First Bet
📲 FanDuel Mobile App AvailabilityiOS and Android devices
Promo Code Last Verified:March, 2023

First-time players can redeem the FanDuel promo code in states and provinces that permit FanDuel. If you are in the U.S., here are the states that offer FanDuel Sportsbook: Arizona, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Users can also play at FanDuel Sportsbook in Ontario, Canada.

FanDuel most recently launched in Ohio, under the brand FanDuel Ohio. The welcome offer with the FanDuel Ohio promo code is the same as the national offer.

FanDuel is one of the best Ohio sportsbooks, along with others. These include the following offers:

These are the best Ohio betting apps available, and each has its own offer -- so claim one of the best Ohio sports betting promos right now.

Sign up and register with the FanDuel Sportsbook promo code and use a top-tier sports betting app, and you can even play at online casinos in a few states, such as NJ, PA, WV, MI, and CT. The online casino is available in Ontario, as well.

Massachusetts is now live for FanDuel players. You can use the FanDuel Massachusetts promo code to get started.

You will get $150 worth of bonus bets when using the DraftKings promo code links on this page.

To be eligible for this welcome offer, you must be located in a state that DraftKings Sportsbook is legal and licensed to operate. Click the DraftKings promo code link provided below to start playing at DraftKings Sportsbook and claim your welcome offer.

🎁 DraftKings Promo Code➡️ Bet $5, Get $150
🖊️ DraftKings Welcome OfferBet $5, Get $150 in Bonus Bets
📲 DraftKings Mobile App AvailabilityiOS and Android devices
Promo Code Verified On:March, 2023

New players can claim the DraftKings promo code in eligible states and provinces. If you are located in the United States, you can wager in the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, and Wyoming. The most recent states to launch were DraftKings Maryland and DraftKings Ohio. In Canada, users are able to play on DraftKings in the province of Ontario.

Sign up with the DraftKings Sportsbook promo code today and gain access to a world-class sports betting app, and even online casinos when in permitted states, such as Pennsylvania, New Jersey, West Virginia, Connecticut, and Michigan. You can also play at the DraftKings online casino in Ontario.

March Madness DraftKings Promotions

DraftKings offers one of the best welcome bonuses for new customers, especially during the spring as it has one of the best March Madness betting promos on the market.

You can get the BetMGM bonus code by copying the code we have provided "ROTOBONUS" choosing your state, signing up for an account, making a deposit of $10 or more and placing a bonus bet on any sporting event. If your first bet loses, the BetMGM bonus code ROTOBONUS entitles you to a full refund, up to a maximum of $1,000. The refund when you use the BetMGM bonus code ROTOBONUS is paid in site credit, with a 1x playthrough requirement.

DraftKings is legal in the following states for sports betting via the DraftKings Sportsbook mobile app, website, or retail location. The legal and live states are Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Tennessee, Virginia, Washington, West Virginia, and Wyoming. You can also bet on sports outside the U.S. on DraftKings Sportsbook in Ontario, Canada. 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.

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. The most recent states where DraftKings Sportsbook launched are Ohio and Maryland under the brands of DraftKings Sportsbook Ohio and DraftKings Sportsbook Maryland. The next state where DraftKings is set to launch is in Massachusetts, under the DraftKings Massachusetts brand.

The rollover requirement on the BetMGM bonus code is just 1x. You will be issued with BetMGM bet credits if your first wager loses, and you only need to play the bonus funds through once before cashing out. We have broken down the BetMGM sign-up promo code in detail as part of our BetMGM Sportsbook promotions guide.

Bonus bets in sports betting are often connected to deposits and are also referred to as bonuses.

Most bonus bets are only available on a first deposit at that specific sportsbook. For instance, DraftKings used to have a $20 bonus play that has a number of stipulations. First, you have to deposit at least $5 into your account and then you'll get the $20 in bonus play money, which is not redeemable for cash. Almost every sportsbook has some kind of deal to attract new bettors and there are many different methods to draw people in.

The idea is that sportsbooks will get new people to sign up for accounts and deposit money, and if they win a few bets, maybe continue wagering at that sportsbook instead of going elsewhere. 

There are positives and negatives to bonus bets. For starters, if you feel like you're playing with bonus money, you may not be inclined to put much thought into your bets. If that's the case, you may deposit $100 into your account and before you know it, your original $100 is gone as well as the $100 in bonus money. 

If you know what you're doing and hit a few bets and come out in the positive, then the bonus is worth it, but there's a reason these offers exist. Sportsbooks not only get your information for future spamming opportunities, but they also have numerous stipulations that usually give them the advantage in the end.

bonus bets look fun on the surface, but if you play into the hands of the sportsbook, they could turn into a quick negative in your pocket.

How to claim a bonus offer

The most common methods to claim bonus offers are by either using a bonus code or having a minimum deposit. In some cases, it could be both of those things. Bonus codes may be emailed to a user after registering for an account or they can be found through numerous online advertisements. As for a minimum deposit, those can range anywhere from $5 to $20 and sometimes more.

Bonus bets

bonus bets, as listed above, are the most straightforward bonus. You usually get a set amount of money to bet when you deposit and that money can't be redeemable for cash. For example, if you bet the bonus $5 and lose, that money is gone. If you bet $5 and profit another $5, you'll be up $5 in real money. Bettors that sign up with the WynnBET promo code can get bonus bets as a bankroll-builder for their account.

Since you're betting bonus money, it may be worth it to go big like in a multi-team parlay, though some sportsbooks may limit your eventual payout.

Second change bets

Second chance bets are a tad more complicated because they usually have a lot more rules. In 2020, new customers at FanDuel could get a $500 second chance bet. This means that users could get a 100% refund on their first bet up to $500. Of course, if you want to bet the full $500, you would have to deposit that money into your account to be able to make the bet.

Again, there are a few underlying requirements that make getting this money back a tad more difficult. If your $500 bet loses, while you should get another $500 within the next few days, that money is not yet yours. That money is considered bonus bet money and if you want to get it back, you'll have to wager another $500 before you can withdraw any of it. Users can use the BetMGM bonus code ROTOBONUS to get a second chance bet, with similar "rules" to the aforementioned.

Match bet offers are in the same mold as second chance bets with different wording. For the above FanDuel promotion, a match bet offer would be 100% on up to $500. That means you can get back 100% of your money on your first bet up to $500. You can get second chance bets using the Caesars Sportsbook promo code ROTOFULL.

Bonus bet, no deposit

These are usually minimal amounts like $5 or $10 because this method is harder to retain bettors since no deposit is needed. Even if you win this kind of bet, you'll likely have to wager your winnings multiple more times for you to meet requirements and withdraw that money. This offer doesn't often amount to much and is usually for bettors to get a sense of how that specific sportsbook runs and what kind of odds they offer.

Deposit match bonus

These bonuses are usually done through casinos, as that's where they were popularized. Sportsbooks will match a deposit, which often has a minimum requirement at a preset percentage, ranging from 50% to 300%. 

For example, if you deposit $100, you could get another $100 in bonus money with a 100% deposit match bonus. Again, that bonus money will have to hit a few betting requirements before it can be withdrawn.

The DraftKings promo code for today gives you a chance to win $200 in bonus bets. Simply place a $5 bet on any NFL moneyline, and if the bet is graded as a winner, then you win $200 in bonus bets.

By signing up with the DraftKings Sportsbook promo code link, all you have to do is make your first deposit of at least $10 and place a $5 pre-game NFL moneyline bet. If that bet wins, then you win $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.

You can get a welcome bonus on DraftKings by signing up for a new DraftKings Sportsbook account. By using the DraftKings promo code sign-up link, you can get a generous offer.

To get your money on DraftKings, simply deposit after signing up on the DraftKings Sportsbook app. If that wager is graded as a winner, then you get bonus funds on DraftKings paid out in the form of bonus bets. Bonus bets usually have a 1x playthrough requirement and all credits expire seven days after being issued.

You can also get bonus funds on DraftKings via sports-specific offers which change throughout the year.

Ohio sports betting is currently legal. The state takes bets as of January 1, 2023.

Sports betting is legal in Maryland, as of 2021.

Retail betting launched in December of 2021 and online sports betting launched in November of 2022.

Yes. Sports betting was legalized and regulated in 2021, and launched in December 2021. Online sports betting launched on November 23, 2022.

While it passed, lawmakers have to draw up more specifics in relation to online and in-person betting, which means the best-case scenario will be late 2021. The overall support of legalized sports betting has been soft in recent polls, though the recent wording change could help matters.

Like most states, Daily Fantasy Sports and horse racing betting are legal in Maryland. Fantasy sports were officially legalized in 2012, but regulations were added in 2017, which included the prohibition of contests based on amateur or college sports.

To do parlays on DraftKings, you need to combine multiple wagers into a single parlay bet. For a parlay to win, each leg must be graded as a win or a push. If a single leg within a parlay on DraftKings is graded as a loss, the entire bet loses.

If you want to make a parlay on DraftKings, start by using the DraftKings promo code link to create an account on the DraftKings Sportsbook app. Then, search to find the games and outcomes you want to include in the parlay. Be sure to select at least two outcomes for the wager to count as a DraftKings parlay. Once you've made your selections, they will appear in the bet slip where you will need to enter your desired bet amount. Finally, confirm the bet to place your parlay on DraftKings Sportsbook today.

You can bet on DraftKings by creating a sports betting account in any state where DraftKings Sportsbook is legal and live. Sign up using the DraftKings promo code link, if you are located in a state where DraftKings is available.

Once your account is created, download the DraftKings Sportsbook mobile app and bet on DraftKings. To place a bet, search for the sporting event and outcome you'd like to wager on and click to add it to your bet slip. Once that's complete, you can click to place your bet on DraftKings Sportsbook. You can then follow along with your DraftKings bet and place live in-play wagers as the game you bet on plays out.

There are dozens of ways to bet on FanDuel. You are able to wager on spreads, moneyline, totals, props, parlays, single game parlays, live bets, odds boosts, alternate lines, futures, round robins or teasers.

To place a bet on FanDuel, you first need to use the FanDuel promo code link to sign up for an account. If you use the link on this page, you are able to get a generous welcome bonus that may help you grow your bankroll.

Once you have an account, you are able to peruse a ton of different sports to wager on. Nearly every sport has a large number of betting markets available, and you are able to wager on all of them.

Once you find the sport, look at the game you wish to wager on. Then, you will see a plethora of betting markets available. Once you select your betting market, place the wager amount desired, then submit your bet.

FanDuel Sportsbook is legal and regulated in 16 states plus Ontario, with more states coming soon.

The states where FanDuel Sportsbook is legal are: Arizona, Colorado, Connecticut, Iowa, Illinois, Indiana, Kansas, Louisiana, Michigan, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. The next two states that FanDuel will launch in are Ohio and Maryland under the brands of FanDuel Ohio and FanDuel Maryland.

If you are located in a state what FanDuel Sportsbook operates in, you are able to sign up with the FanDuel promo code link and get a welcome bonus.

Betting parlays is as easy as it comes on FanDuel. There are a few steps to take to bet parlays on FanDuel Sportsbook. The first step is to sign up with the FanDuel promo code link. This will get you a generous welcome bonus for new users.

After signing up, to register you will need to enter your information and create a sign on. Once you register, download the FanDuel Sportsbook app and log in.

Then after you are logged in, you can select multiple bets, also called "legs" to form a parlay. In order to place these, you will need to find the sports and games you wish to wager on. Then, you will need to select the market for that game. An example would be to select the Dallas Cowboys spread, then a Kansas City Chiefs moneyline, and even other sports such as betting an NBA or NHL game.

Once you have added multiple markets to your betting ticket, you are able to select a wager amount for your parlay. Finally, click submit and your parlay will be submitted.

Placing a moneyline bet on FanDuel is very simple. You can complete this in a few short steps.

First, sign up for FanDuel Sportsbook by using the FanDuel promo code link. Once you are registered, download the FanDuel app and log in. 

Once you open the FanDuel mobile app or online sportsbook, you can then select the sport you wish to wager on. For example, if you select a "NFL" to wager on National Football League games, you will see all the games available during that timeframe.

Then, to wager on a moneyline you will need to choose the game you wish to wager on and find the moneyline betting type. 

Finally, click the moneyline market you wish to wager, for example the Kansas City Chiefs at -200. When you click the odds, it will add the bet to your ticket. You will then choose the wager amount, and you can submit your moneyline bet.

Yes, FanDuel pays out real money. Whether you use the daily fantasy sports portion of the website, the sportsbook, or online casino, you will be paid out in real money.

FanDuel is bound by tight-knit regulations for all online gaming, making them a licensed iGaming service provider in many states and provinces. As a licensed iGaming company, they are obligated to keep funds available for users - allowing them to withdraw as necessary when the funds are requested.

As far as withdrawal methods to get your money, there are various ways to get paid. You can withdraw with Play+, PayPal, E-Check, check, or cash at a retail casino or sportsbook. Get started today by using the FanDuel promo code and start turning your winnings into real money.

Yes. You can use the BetMGM bonus code ROTOBONUS to get a sign up bonus in eligible states. BetMGM Sportsbook is legal in Arizona, Colorado, Illinois, Indiana, Iowa, BetMGM Kansas, Louisiana, Michigan, Nevada, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia and Wyoming. You can download a BetMGM Sportsbook app or visit the website. New customers will be entitled to a BetMGM Sportsbook bonus, so check out our BetMGM promo code guide for more details.

BetMGM, DraftKings, FanDuel and PointsBet are some of the more popular online sportsbooks where betting is legal.

Since sports betting is legalized on a state-by-state basis with each having different regulations, there are no country-wide sportsbooks. That said, there are sportsbooks that operate in numerous states and could be available in the majority of the country as more states legalize sports betting.

BetMGM

Known for the sportsbook at MGM Grand in Las Vegas, BetMGM has expanded across the country with physical locations in New York, Michigan, Mississippi and Pennsylvania, as well as online capabilities in Colorado, Indiana, Nevada, New Jersey and West Virginia. Sign up with the BetMGM bonus code for a welcome bonus in eligible states.

DraftKings

After PASPA was overturned in 2018, DraftKings quickly put its footprint across the country with physical sportsbooks and online offerings. Through DraftKings, both mobile and retail sports betting are allowed in Colorado, Illinois, Indiana, Iowa, New Jersey, Pennsylvania and West Virginia. Retail sports betting is allowed in New York and Mississippi. Mobile only is available in New Hampshire, where DraftKings was granted a monopoly. Use the DraftKings promo code for a welcome offer in eligible states.

FanDuel

FanDuel is somewhat behind DraftKings in terms of availability, but that changes by the month. Both mobile and retail sports betting are allowed in Colorado, Indiana, Iowa, New Jersey, Pennsylvania and West Virginia. Retail-only wagering is available in Michigan and New York. New players can use the FanDuel promo code to get a no sweat first bet or other bonuses at sign up.

PointsBet

PointsBet launched in the United States in 2019 and is growing across the country, getting licenses where possible. It's main draw is PointsBetting, which they detail as a "high-risk, high-reward form of betting" that rewards bettors by how right or wrong a wager is. Compared to others, PointsBet is a bit behind in terms of retail sportsbooks, though that aspect is also growing. Mobile betting is available in Indiana and New Jersey, while there is also a retail location in Iowa.

The plus (+) and minus (-) in sports betting can refer to either the point spread or betting odds. In 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.

It'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, you can use a few promotions to sign up and grow your bankroll. Try the WynnBET promo code for a welcome bonus. You can also use the Caesars Sportsbook promo code ROTO15 for a risk-free bet and the BetMGM bonus code ROTOBONUS for a welcome offer as well.

Caesars Sportsbook, BetMGM, DraftKings, FanDuel, PointsBet and WynnBET are some of the best online sportsbooks where betting is legal.

Since sports betting is legalized on a state-by-state basis with each having different regulations, there are no country-wide sportsbooks. That said, there are sportsbooks that operate in numerous states and could be available in the majority of the country as more states legalize sports betting.

BetMGM

Known for the sportsbook at MGM Grand in Las Vegas, BetMGM has expanded across the country with physical locations in New York, Michigan, Mississippi and Pennsylvania, as well as online capabilities in Colorado, Indiana, Nevada, New Jersey and West Virginia. New users can use the BetMGM bonus code for a welcome bonus.

DraftKings Sportsbook

After PASPA was overturned in 2018, DraftKings quickly put its footprint across the country with physical sportsbooks and online offerings. Through DraftKings, sports betting is allowed in Arizona, Colorado, Illinois, Indiana, Iowa, New Jersey, Pennsylvania and West Virginia, among other states including Ohio and Kansas as of their launch. Retail sports betting is allowed in New York and Mississippi as well. Mobile only is available in New Hampshire, where DraftKings was granted a monopoly. If you do not have a DraftKings account, you can sign up with the DraftKings promo code for a new user offer.

FanDuel Sportsbook

FanDuel is somewhat behind DraftKings in terms of availability, but that changes by the month. Both mobile and retail sports betting are allowed in Colorado, Indiana, Iowa, New Jersey, Pennsylvania and West Virginia. Retail-only wagering is available in Michigan and New York. New users can use the FanDuel promo code for a bankroll-boosting bonus.

PointsBet

PointsBet launched in the United States in 2019 and is growing across the country, getting licenses where possible. It's main draw is PointsBetting, which they detail as a "high-risk, high-reward form of betting" that rewards bettors by how right or wrong a wager is. Compared to others, PointsBet is a bit behind in terms of retail sportsbooks, though that aspect is also growing. Mobile betting is available in Indiana and New Jersey, while there is also a retail location in Iowa.

Caesars Sportsbook

One of the most popular legal sportsbooks is Caesars Sportsbook, which boasts a very popular brand associated with gaming. Caesars Sportsbook offers an easy-to-use sports betting app and has one of the best welcome bonuses in the industry. New users can use the Caesars Sportsbook promo code to get a risk-free bet.

Other legal sportsbooks to consider using welcome bonuses include the WynnBET promo code, Betsafe Sportsbook, and BetRivers Sportsbook.

Sports betting is legal in Illinois.