This will vary from state to state, and will partially depend on if a state offers online wagering, but generally speaking here are some of the more common sports betting formats that will be found:
To balance the odds, the favorite "gives" a stipulated number of points, whereas underdogs "take" the same number of points.
In order to win, all bets must come in, with no exceptions.
Instead, they can usually do so from just about anywhere (real-money wagers are still restricted to within state lines).
In-play odds change in real-time, often from possession to possession, affording players a level of flexibility that they simply won't find elsewhere.
Aside from the very generous online sportsbooks welcome packages, online sportsbooks have packed promotional schedules, including boosted odds, parlay insurance, free bets and more.
Until now, bettors looking to place a wager on their favorite sports team had two unattractive options: open an account on a black market site, or seek out a corner bookie.
And there's really nothing stopping them from saying the lines are actually different from what's displayed on the site.
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