What Is Official Betting?

Official betting is legal sports gambling on real-time events, regulated by the states in which they take place. It’s an alternative to illegal gambling, and it’s a popular way for fans to enjoy the game and win money. Bettors use official data to settle wagers on a variety of outcomes in an event. The process is overseen by the sport’s governing body. The most common types of bets are football, basketball, baseball, and hockey. However, there are also specialized bets like totals and if bets.

In a totals bet, you are placing a bet on the total number of points scored in a game. The payout is determined by how many points are scored during a game, including extra innings. If a team wins by just one run, the bet is a push and you will not receive any winnings.

MLB is dedicated to ensuring that fans who choose to wager on its games have the tools they need to do so responsibly. That’s why we are a proud partner of the American Gaming Association’s Have A Game Plan. Bet Responsibly campaign and a member of the National Council on Problem Gambling.

The NBA has a clear policy that players and employees cannot bet on the league or any of its properties. This includes the NBA, WNBA, G-League and NBA2K League. However, as long as sports betting is legal where a player is located, they can bet on other sports.