What You Need to Know About Official Betting

There are many different ways to place bets on sports. You can make moneylines, spreads, parlays and even bet on individual player performance. While these are the most common bets available, there are also a number of other types of wagers that can add an additional level of excitement and rewards to the viewing experience.

A plethora of options exist for those who want to place bets on sports, but one type of bet that has been growing in popularity is official betting. While a number of sportsbooks have begun offering this type of wagering, it’s important to understand the rules and regulations surrounding these bets before placing any money.

Players and other league personnel are prohibited from betting on NBA games. This includes those who play or work in the NBA, the NBA summer league, the WNBA, the G-League and the Basketball Africa League. The only exception is if it’s legal to do so in their home state.

The penalties for violating the NFL’s gambling rule are harsh. In the past, players like Isaiah Rodgers, Rashod Berry and Demetrius Taylor have been suspended for up to a year after being linked to illegal betting activity.

If you make an inning bet and the game is called in that inning, your bet will be void. However, if the game is called in the ninth inning or later and the official score reverts to the previous inning, your bet will stand.