Top 10 Best online sportsbooks + Popular Sports Betting Apps

Sportsbooks are businesses that accept wagers on sporting events. They offer a variety of betting options, including moneyline bets, point spreads, and parlays. Sportsbooks make money by charging a commission on losing bets.

Sportsbook betting has become increasingly popular in recent years, due in part to the rise of online sportsbooks. Online sportsbooks offer a convenient and easy way to bet on sporting events, and they often offer better odds than traditional brick-and-mortar sportsbooks.

This article will provide a comprehensive overview of sportsbook betting.

What is sportsbook betting?

Sportsbook betting is the act of placing a bet on the outcome of a sporting event

The bet is placed with a sportsbook, which is a business that accepts bets on sporting events. Sportsbooks offer a variety of betting options, including moneyline bets, point spreads, parlays, and props bets.

• Moneyline bets: A moneyline bet is a bet on which team or individual will win a sporting event. The odds of a moneyline bet are displayed in American format, with the favorite having negative odds and the underdog having positive odds. For example, if the favorite has odds of -150, you would need to bet $150 to win $100. If the underdog has odds of +180, a $100 bet would win you $180.
• Point spreads: A point spread is a bet on how many points one team will win or lose by. The point spread is set by the sportsbook and is designed to be as even as possible, so that there is an equal amount of money bet on both sides. For example, if the New York Yankees are playing the Boston Red Sox and the Yankees are favored by 2 runs, you could bet on the Yankees to win by more than 2 runs or on the Red Sox to lose by less than 2 runs. If you bet on the Yankees to win by more than 2 runs and they win by 3 runs, you would win your bet. If you bet on the Red Sox to lose by less than 2 runs and they win the game, you would also win your bet.
• Parlays: A parlay is a bet on multiple sporting events. All of the events in the parlay must win in order for the bet to be successful. Parlays offer the potential for big payouts, but they are also very difficult to win.
• Props bets: A props bet is a bet on a specific event that will happen or not happen during a sporting event. For example, you could bet on whether or not a particular player will score a touchdown or on whether or not the total number of points scored in a game will be over or under a certain number.

How to choose a sportsbook

When choosing a sportsbook, there are a few factors you should consider:

• Reputation: Choose a sportsbook with a good reputation and a proven track record of paying out winners. You can read online reviews and check with gambling authorities to get a sense of a sportsbook’s reputation.
• Odds: Compare the odds offered by different sportsbooks before placing a bet. Some sportsbooks offer better odds than others, so it’s worth shopping around.
• Betting options: Make sure the sportsbook you choose offers the betting options you’re interested in. Some sportsbooks offer a wider range of betting options than others.
• Bonuses and promotions: Look for sportsbooks that offer generous bonuses and promotions to new and existing customers. Bonuses and promotions can give you extra money to bet with or free bets.
• Customer service: Choose a sportsbook with good customer service so you can get help quickly and easily if you need it. You can contact customer service by phone, email, or live chat.

Different types of sports bets

Here are some other types of sports bets that you may encounter:

• Teasers: A teaser is a type of parlay bet that allows you to adjust the point spreads or totals in your favor in exchange for lower odds.
• Futures bets: A futures bet is a bet on the outcome of a sporting event that will take place in the future. For example, you could bet on who will win the Super Bowl or the World Series before the season even starts.
• Live betting: Live betting is a type of betting that allows you to place bets on a sporting event while it is in progress. Live betting odds are constantly fluctuating based on the action on the field.

How to place a sports bet

To place a sports bet, you will need to create an account with a sportsbook. Once you have created an account and deposited money, you can start placing bets.

To place a bet, simply select the sport and event that you want to bet on. Then, select the type of bet that you want to place. Enter the amount of money that you want to bet and then click the “Place Bet” button.

If your bet is successful, you will be paid out according to the odds of the bet. If your bet is unsuccessful, you will lose the money that you bet.

Here are some additional tips for placing a sports bet:

• Shop around for the best odds: Different sportsbooks offer different odds on the same events. It’s worth shopping around to find the best odds before placing a bet.
• Understand the different types of bets: There are many different types of sports bets, so it’s important to understand the different odds and risks involved before placing a bet.
• Bet with your head, not your heart: It’s important to bet on teams and events that you think have a good chance of winning, not just because you’re a fan.
• Don’t chase your losses: If you lose a bet, don’t try to win it back by placing a bigger bet. This is a surefire way to lose even more money.
• Set a budget: It’s important to set a budget for how much money you’re willing to lose before you start betting. Stick to your budget and don’t bet more money than you can afford to lose.

Brick-and-mortar sportsbooks

A brick-and-mortar sportsbook, also known as a land-based sportsbook, is a physical establishment where people can place bets on sporting events. Brick-and-mortar sportsbooks have been around for many years and are still popular today, even though online sportsbooks are becoming increasingly popular.

Brick-and-mortar sportsbooks offer a number of advantages over online sportsbooks, including:

• Personal interaction: Brick-and-mortar sportsbooks offer a personal interaction that cannot be replicated online. Bettors can talk to the bookies and other bettors, and they can get a feel for the atmosphere of the sportsbook.
• Convenience: Brick-and-mortar sportsbooks are often located in convenient locations, such as casinos and racetracks. This makes it easy for bettors to place bets and collect their winnings.
• Security: Brick-and-mortar sportsbooks are regulated by state and local governments. This ensures that bettors are protected and that their money is safe.

However, brick-and-mortar sportsbooks also have some disadvantages:

• Limited betting options: Brick-and-mortar sportsbooks may not offer as wide a range of betting options as online sportsbooks.
• Lower odds: Brick-and-mortar sportsbooks often offer lower odds than online sportsbooks.
• Fewer promotions: Brick-and-mortar sportsbooks often offer fewer promotions than online sportsbooks.

Online sportsbooks

Online sportsbooks are websites or mobile apps that allow you to bet on sporting events. They offer a variety of betting options, including moneyline bets, point spreads, parlays, and props bets. Online sportsbooks are becoming increasingly popular, as they offer a number of advantages over traditional brick-and-mortar sportsbooks.

Advantages of online sportsbooks:

• Convenience: You can place bets from anywhere with an internet connection.
• Variety: Online sportsbooks offer a wider range of betting options than traditional sportsbooks.
• Better odds: Online sportsbooks often offer better odds than traditional sportsbooks.
• Promotions: Online sportsbooks often offer promotions to new and existing customers, such as sign-up bonuses and reload bonuses.

Top 10 Best online sportsbooks

1. DraftKings

DraftKings is arguably the most popular online sportsbook in the US. It offers a wide range of betting options, including moneyline bets, point spreads, parlays, and props bets, on a variety of sports, including football, basketball, baseball, hockey, soccer, and tennis. DraftKings also offers a number of promotions to new and existing customers, such as deposit matches, free bets, and risk-free bets.

2. FanDuel

FanDuel is another popular online sportsbook in the US. It offers a similar range of betting options to DraftKings, as well as a number of promotions. FanDuel is also known for its user-friendly interface and its fast payout times.

3. BetMGM

BetMGM is a joint venture between MGM Resorts International and GVC Holdings. It offers a wide range of betting options, as well as a number of promotions. BetMGM is also known for its integration with MGM Resorts International properties.

4. Caesars Sportsbook

Caesars Sportsbook is the official sportsbook of Caesars Entertainment. It offers a wide range of betting options, as well as a number of promotions. Caesars Sportsbook is also known for its integration with Caesars Entertainment properties.

5. WynnBET

WynnBET is the official sportsbook of Wynn Resorts. It offers a wide range of betting options, as well as a number of promotions. WynnBET is also known for its focus on high-end sports betting.

6. BetRivers

BetRivers is a popular online sportsbook in the US. It offers a wide range of betting options, as well as a number of promotions. BetRivers is also known for its integration with Rush Street Gaming properties.

7. PointsBet

PointsBet is a popular online sportsbook in the US. It offers a unique points betting system, as well as a number of promotions. PointsBet is also known for its focus on Australian sports.

8. Unibet

Unibet is a popular online sportsbook in Europe and the US. It offers a wide range of betting options, as well as a number of promotions. Unibet is also known for its focus on live betting.

9. bet365

bet365 is one of the largest and most popular online sportsbooks in the world. It offers a wide range of betting options, as well as a number of promotions. bet365 is also known for its focus on live betting.

10. FOX Bet

FOX Bet is a joint venture between FOX Corporation and Stars Group. It offers a wide range of betting options, as well as a number of promotions. FOX Bet is also known for its integration with FOX Sports properties.

Sportsbook betting strategies

There are a number of different sportsbook betting strategies that you can use. Some of the most common strategies include:

• Bankroll management: One of the most important aspects of sportsbook betting is bankroll management. This means setting a budget for how much money you’re willing to lose and sticking to it. It’s also important to only bet a small percentage of your bankroll on each bet.
• Line shopping: Before placing a bet, it’s important to compare the odds offered by different sportsbooks. This is known as line shopping. By line shopping, you can ensure that you’re getting the best possible odds on your bets.
• Value betting: Value betting is a strategy that involves betting on teams or events that have a better chance of winning than the odds suggest. To identify value bets, you need to analyze the data and have a good understanding of the sport and the teams involved.
• Arbitrage betting: Arbitrage betting is a strategy that involves taking advantage of different odds offered by different sportsbooks to place a risk-free bet. This is a complex strategy that is not suitable for all bettors.

Here are some additional tips for sportsbook betting strategies:

• Focus on one sport: It’s better to focus on one sport and become an expert in that sport than to spread yourself too thin and bet on multiple sports.
• Do your research: Before placing a bet, it’s important to do your research on the teams or events involved. This includes looking at recent form, head-to-head records, and team news.
• Don’t chase your losses: If you lose a bet, don’t try to win it back by placing a bigger bet. This is a surefire way to lose even more money.
• Have fun: Sportsbook betting should be fun. If you’re not having fun, then it’s time to stop.

It’s important to remember that there is no guaranteed way to win at sportsbook betting. However, by following these strategies, you can improve your chances of success.

Sportsbook Bonuses and Promotions

Sportsbook bonuses and promotions are incentives that sportsbooks offer to attract new customers and retain existing ones. These bonuses and promotions can come in a variety of forms, such as deposit matches, free bets, risk-free bets, and reload bonuses.

Here are some of the most common sportsbook bonuses and promotions:

• Deposit match: A deposit match bonus is a bonus that matches a certain percentage of your first deposit. For example, a 100% deposit match bonus would match your first deposit up to a certain amount, such as $100. This means that if you deposit $100, you will receive an additional $100 in bonus money.
• Free bet: A free bet is a bet that the sportsbook places on your behalf. For example, a $10 free bet would allow you to place a bet of up to $10 on any sporting event. If your bet wins, you will keep your winnings. If your bet loses, you will not lose any of your own money.
• Risk-free bet: A risk-free bet is a bet that the sportsbook will refund if you lose. For example, a $50 risk-free bet would allow you to place a bet of up to $50 on any sporting event. If your bet wins, you will keep your winnings. If your bet loses, the sportsbook will refund your $50 bet.
• Reload bonus: A reload bonus is a bonus that is offered to existing customers when they make another deposit. For example, a 50% reload bonus would match 50% of your deposit up to a certain amount. This means that if you deposit $100, you will receive an additional $50 in bonus money.

Sportsbook bonuses and promotions can be a great way to boost your bankroll and increase your chances of winning. However, it is important to read the terms and conditions of each bonus before you claim it. Some bonuses have wagering requirements, which means that you must wager a certain amount of money before you can withdraw your winnings. Other bonuses may have time restrictions, so you must use the bonus money within a certain period of time.

Sportsbook Betting Apps

Sportsbook betting apps are mobile apps that allow you to place bets on sporting events from your smartphone or tablet. Sportsbook betting apps are becoming increasingly popular, as they offer a number of advantages over traditional brick-and-mortar sportsbooks and online sportsbooks.

Advantages of sportsbook betting apps:

• Convenience: Sportsbook betting apps allow you to place bets from anywhere with an internet connection. This makes it easy to place bets on sporting events while you are at home, at work, or at the bar.
• Variety: Sportsbook betting apps offer a wide range of betting options, including moneyline bets, point spreads, parlays, and props bets. This gives you more flexibility when placing bets and allows you to find the best odds on the events you are interested in.
• Better odds: Sportsbook betting apps often offer better odds than traditional brick-and-mortar sportsbooks and online sportsbooks. This is because sportsbook betting apps have lower overhead costs than traditional sportsbooks.
• Promotions: Sportsbook betting apps often offer promotions to new and existing customers, such as deposit matches, free bets, and risk-free bets. These promotions can help you boost your bankroll and increase your chances of winning.

Top 10 Popular sports betting apps

1. DraftKings

DraftKings offers a wide range of betting options, including moneyline bets, point spreads, parlays, and props bets, on a variety of sports, including football, basketball, baseball, hockey, soccer, and tennis. DraftKings also offers a number of promotions to new and existing customers, such as deposit matches, free bets, and risk-free bets.

2. FanDuel

FanDuel offers a similar range of betting options to DraftKings, as well as a number of promotions. FanDuel is also known for its user-friendly interface and its fast payout times.

3. BetMGM

BetMGM offers a wide range of betting options, as well as a number of promotions. BetMGM is also known for its integration with MGM Resorts International properties.

4. Caesars Sportsbook

Caesars Sportsbook offers a wide range of betting options, as well as a number of promotions. Caesars Sportsbook is also known for its integration with Caesars Entertainment properties.

5. WynnBET

WynnBET offers a wide range of betting options, as well as a number of promotions. WynnBET is also known for its focus on high-end sports betting.

6. BetRivers

BetRivers offers a wide range of betting options, as well as a number of promotions. BetRivers is also known for its integration with Rush Street Gaming properties.

7. PointsBet

PointsBet offers a unique points betting system, as well as a number of promotions. PointsBet is also known for its focus on Australian sports.

8. Unibet

Unibet offers a wide range of betting options, as well as a number of promotions. Unibet is also known for its focus on live betting.

9. bet365

bet365 offers a wide range of betting options, as well as a number of promotions. bet365 is also known for its focus on live betting.

10. FOX Bet

FOX Bet offers a wide range of betting options, as well as a number of promotions. FOX Bet is also known for its integration with FOX Sports properties.

What is Sportsbook Live Betting

Sportsbook live betting, also known as in-play betting, is a type of sports betting where you can place bets on sporting events while they are in progress. This allows you to take advantage of changes in the odds during the game and potentially make more money.

Live betting is available on a wide range of sports, including football, basketball, baseball, hockey, soccer, and tennis. You can place live bets on a variety of things, such as the next team to score, the next player to score, and the next play to happen.

Live betting can be a very exciting way to bet on sports, but it is also important to be careful. Live betting can be very risky, as the odds can change quickly and you can lose a lot of money in a short period of time.

Sportsbook Legalization in the United States

Sportsbook legalization in the United States is the process of legalizing and regulating sports betting at the state level. This process began in 2018, when the Supreme Court of the United States overturned the Professional and Amateur Sports Protection Act (PASPA), which had effectively prohibited sports betting in all but four states.

Since then, over 30 states have legalized sports betting, and more are expected to follow suit in the coming years. The legalization of sports betting has been a boon to state economies, generating billions of dollars in tax revenue. It has also created thousands of new jobs and made it easier for sports fans to bet on the games they love.

There are a number of benefits to legalizing sports betting. When sports betting is legal and regulated, states can collect tax revenue from the industry, which can be used to fund important programs and services. Legal sports betting also creates jobs in the gaming industry and related businesses. Additionally, legal sports betting gives consumers more options and allows them to bet on sports in a safe and regulated environment.

However, there are also some potential drawbacks to legalizing sports betting. One concern is that it could lead to an increase in gambling addiction. Another concern is that it could make it easier for minors to gamble. Additionally, some people worry that legal sports betting could give sports teams and leagues too much influence over the outcome of games.

Here are some additional things to keep in mind about sportsbook legalization in the United States:

• Each state has its own laws and regulations regarding sports betting. It is important to check with your state’s gaming commission to learn more about the specific rules and restrictions in your area.
• There are a number of different ways to bet on sports in the United States. You can bet at a physical sportsbook, online, or through a mobile app.
• It is important to be responsible when gambling. Set a budget for how much money you are willing to lose, and stick to it.

Responsible Sportsbook Betting

Responsible sportsbook betting is about betting on sports in a way that is safe and enjoyable, and that does not negatively impact your life. It is important to set limits on how much money and time you spend betting, and to be aware of the risks involved.

where is draftkings sportsbook legal?

DraftKings Sportsbook is legal in the following 21 states in the United States:

• Arizona
• Colorado
• Connecticut
• Illinois
• Indiana
• Iowa
• Kansas
• Kentucky
• Louisiana
• Maryland
• Massachusetts
• Michigan
• New Hampshire
• New Jersey
• New York
• Ohio
• Oregon
• Pennsylvania
• Tennessee
• Virginia
• Washington
• West Virginia
• Wyoming

To legally bet on sports with DraftKings Sportsbook, you must be at least 21 years old and physically located in one of the states listed above.

DraftKings is also legal in Canada, Ontario, the United Kingdom, Germany, Austria, Ireland, and Malta. However, the specific sports and betting options available may vary depending on your location.

Conclusion:

Sportsbook betting can be a fun and rewarding way to enjoy sporting events. However, it’s important to remember that gambling is a risky activity. Always gamble responsibly and never bet more money than you can afford to lose.