Sports Betting – What You Should Know About Official Betting

Sports betting is one of the fastest growing entertainment markets in the world. It’s a fun, exciting way to wager on the outcome of an event and get paid when it happens. However, there are some aspects of official betting that you should know before placing a bet.

Legality and Regulations

Before you place a bet, be sure to check your local laws. Some states have stricter rules than others, and certain types of bets may not be available to you. For example, some bets on college football may be illegal in your state.

Betting on American Football

There are a number of different kinds of bets you can place on an NFL game, from spreads and totals to moneylines. You can also bet on live games and in-play events.

Player Props (first to X-based)

For player props to have action, the game must be official on the moneyline and the player must be in the starting lineup. If the game ends before the prop has a chance to become official, then all bets on that market are void.

Run Line and Totals

For bets on Run Line and Totals to have action, the game must go at least 7 innings (8.5 if the home team is ahead) unless the result has been determined. Dead Heat rules apply to these games.

Extra Innings

If the highest scoring inning occurs in the extra innings, bets on that inning will be void. All other inning/half inning markets are settled based on the corresponding full or half inning.