There’s no shortage of sports events in the world, and official betting can be a big part of any sporting event. In recent years, sports betting has become a major source of income for both professional and amateur sports teams. But with all the regulations and restrictions that come with betting on sports events, many people are still unsure about how official betting can benefit them. Here are some tips to make your betting experience a good one. The most important step is to choose a bookmaker that is licensed to conduct business in your jurisdiction.
So far, only seven states have legalized full-scale sports betting, and over $8 billion has been wagered. Others are poised to follow suit this year. Arkansas, New York, Indiana, and Washington, D.C. have passed bills to legalize sports betting and nearly 70 percent of states will offer it by 2024. As of now, three prominent sports commissioners have joined the CEO of the nation’s largest sportsbook operator. These developments have sparked widespread interest in legalized sports betting in the U.S., and it is growing fast.