If you want to make the most money betting on sports, you need to be able to spot the best value. This means that you need to know everything about the leagues and teams and follow them week after week, following any developments within the teams, including injuries or suspensions, in order to make the most informed bets. Moreover, the more specific and detailed your analysis is, the better your chances of winning.
Legalized sports betting in the US is expanding rapidly, with new states launching and existing ones changing their names or brand names to capitalize on the growing demand. For example, Hard Rock Bet is now available in a number of states after the Seminole Tribe rebranded its sportsbook app.
One state that has recently launched its first sportsbook is Kentucky, which began offering in-person and online betting on Sept. 7, 2023. The state’s eight sportsbooks, which include DraftKings, FanDuel, and PointsBet, are all licensed by the Kentucky Gaming Commission.
The rise of sports betting creates unique challenges for college athletics. A September 2023 NCAA survey of campus compliance directors found that 27% of autonomy schools had dealt with sports betting issues affecting student-athletes or their coaches and staff members. The NCAA is addressing these issues by educating students and their families on the dangers of problem gambling, which threatens the health and well-being of young people and the integrity of NCAA competition. It also is partnering with bookmakers to educate their customers about responsible betting.