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Sports Betting - A Guide To Sports Betting Online

Sports betting is the act of making a bet on who someone thinks will win at a sporting event

. Many sports can have bets placed on the outcomes of their events including, basketball, football, base, soccer, hockey, horse racing, boxing, and mixed martial arts. Bets can be made online or in person at a location known as a sportsbook. In the United States, sportsbooks must be authorized to operate legally otherwise it is considered an illegal operation in the eyes of the US government.

With the invention of the internet and with it being accessible to so many homes all around the world, online sports betting has become quite popular. Actually, it has become more popular than the more traditional sportsbook betting, which usually takes place inside a casino, as people can access an online sports betting operation easily and without ever leaving the house. Online sportsbooks have cropped up everywhere, and there are now thousands of places in which a professional or casual player can make a bet on a sporting event. Since most online sportsbooks are located outside of the United States, that has left the legality of online betting and gambling rather vague.

Once someone decides to participate in sports betting, whether they are new to the activity or a seasoned vet, they will need to learn the odds. The odds show how likely a sporting event is to go in either direction, who wins and who loses. Depending on where the betting is taking place, the odds will be shown in various formats. In the UK, they are shown as fractions. In Europe, they are shown as decimals. In the US, they are shown as a moneyline. A moneyline is designed to show which person or team in an event is favored to win and which one is considered the underdog.

When it comes to sports betting, there has always been a fear that someone like a referee or a participant themselves will do something to help influence the outcome in order to win money from a bet they placed on it. This practice is called match fixing and has been found to have taken place in many sports in the past. This has led to many of the big leagues, the NFL, NBA, and MLB to instigate very strict rules regarding anyone involved with a specific league and to keep them from wagering on that league's sporting events.

by: Troy Truman
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