Whether you are new to sports betting or are looking for a new way to bet on your favorite teams, official betting can be a fun and exciting experience. The key to making the most of your experience is understanding all of the laws and regulations that apply to sports betting.
Laws Governing Sports Betting
In most states, you must be at least 21 years old to legally place a bet on a sporting event. You can bet on a variety of games including football, basketball, baseball, hockey and more.
Rules for Betting on National Team Sporting Events
In sports, the rules are very strict when it comes to betting on national team sporting events. Generally, any person involved with a national baseball or softball team is banned from betting on any Major League Baseball (MLB) game, or any other WBSC-sanctioned sporting event.
There are also specific rules regarding wagering on a player prop in a collegiate football or basketball game, as well as betting on the winner of an in-state college football or basketball game.
The most popular sports to bet on are the NFL, NBA and MLB. The NFL, in particular, is a huge draw for bettors every week, and is one of the most watched sports in America.
Many state governments have gone ahead and legalized sports betting in their own states. Typically, these states have passed legislation that requires the sportsbook operators to hitch their wagon to a retail betting location located in the state. This is a great idea because it ensures that the online operators are legitimized, and gives players extra avenues to seek help in case of any issues.