Sports Betting – What Is Official Betting?

Official betting involves placing a wager on a sports event. This can take many forms, including moneyline bets on the winner of a game or on a team’s total points. It is also possible to make parlays, which combine multiple outcomes into one bet.

Betting on the money line is the most popular form of sports betting in Nevada. However, it is not always the best way to place a bet.

Money lines change constantly, and the listed line on your ticket may be different from the money line when the game starts. This is why it is important to check the current money line before placing your bet.

Totals (also called the over/under): The total number of runs scored in a game. It can be calculated by adding the total score of both teams.

Generally, the underdog is priced lower than the favorite. It can also be determined by a team’s runline, which is the amount of total runs that the team has scored in its previous games.

Match-fixing: The act of paying players to fix a sporting event is illegal. It is considered a violation of the World Baseball, Softball and Cricket Federations’ betting rules.

Football: The sport with the most money bet in Nevada. In addition to moneyline bets, there are many ways to bet on football, including spread bets and if bets.

As of September 1st, 2022, legal sports betting was officially live in Kansas and is available at six online sportsbooks. These include Barstool Sportsbook, BetMGM, Caesars Sportsbook, DraftKings and FanDuel.