Sports betting is an increasingly popular way to place wagers on a variety of events. It offers an exciting, live-friendly experience for both fans and bettors alike.

In many cases, official betting involves placing wagers on pro and college sports at licensed brick-and-mortar sportsbooks. However, the laws that govern sports betting can vary significantly from state to state.

For instance, New Hampshire’s sports betting law bans all wagers on in-state collegiate games and events, including player prop bets. This means that bettors in the state are not allowed to wager on college football, basketball or baseball.

Fortunately, there are also several states that allow legal online betting on professional and college sports. These states include Iowa, Kansas, Kentucky and Missouri.

Money lines, point spreads and totals are all common types of bets in sports betting. These bets focus on specific games and events, while futures bets are wagers on outcomes that will happen in the future.

In most cases, the odds on the money line change constantly as teams and other factors influence the game. This makes the money line a good place to start when you are deciding which team to bet on.

Another important aspect of money lines is that they must be published before the game begins. If the game is cancelled, shortened or postponed, the money line can change dramatically.

If the game is canceled, postponed or shortened, the Over/Under line can be used. This is a great way to evening out the playing field, even when a team is highly favored to win.