Sports Betting In US
Sports betting in US is a great way to spice up your love for sports and tournaments. While enjoying a match on TV or live, try to guess the result of the game can make the event even more exciting and make you money. Like the movie “Two For The Money”, sports betting is popular in America. It’s part of their culture.
Gambling has a long tradition in the UK, and the British brought this passion for gambling to America. But, despite what you might think, sports betting is not legal everywhere in the US, at the moment. Since 1992, thanks to the Professional and Amateur Sports Protection Act, is possible to place bet on sports only in Delaware, Nevada, Montana and Oregon. But if you really try to do sports betting in US, you will discover that it is currently possible only in the State of Nevada, or you have to go for an online sports-book.
The goal of sports betting is to make predictions about the outcome of a sporting event, be it MLB betting on baseball game or betting in horse racing. Approaching sports gambling for the first time can make you feel a little puzzled with all the odds, the different bets and the special lingo that sports-books and gamblers use. But as with everything else, practice and time will help.
If you are ready to place your bet on a sporting event in America, you have the choice of 3 different types of odds: the money line, the total and the point spread.
- Money line or Straight Bets: Money lines are the most common bets with American bookmakers. Money lines indicate how many dollars you have to bet on a favorite to win $100 or how much will you get for a wager of $100 on the underdog. Lets imagine a match where X is the favorite ad is quoted -120 and Y is the underdog quoted +180. If you place a bet of $120 on X and it wins you’ll get $100 (plus your bet, that means a total of $220). In case you bet $100 on Y, the underdog, and it wins, you receive $180 plus your initial bet. Is not so difficult to understand and for this reason is the most common bets among beginners.
- Totals: wagering on a total require to predict the final score of a match, no matter who wins. Bettors can also place bets over or under the total score.
- Point spread: is the point difference expected at the end of the match between the score of the favorite and the underdog. Suppose the team X is the favorite and team Y is the underdog, with a point spread of 10, X has to win with at least 11 points more than Y for the bettor to win his wagering. This kind of bet is very common with football or basketball.
Choosing the sport to bet on can be a tough task, since there are a lot of options. You can bet on football (NFL), basketball (NBA), hockey (NHL), baseball (MLB), cricket, rugby or soccer if you like team sports. Bookmakers also offer lines for golf, boxing, tennis, motor sports. And you are a “old stile” bettor, horse racing is always very exciting. Sports betting in US is popular and can make you very wealthy in a short span of time.