Official betting is the process of placing a bet at a regulated sportsbook. It is a new and growing area of sports betting and has become more popular since the Supreme Court struck down the Professional and Amateur Sports Protection Act in 2018.

While there are no legal restrictions on who can bet, the NBA has a policy that states that its players, coaches, or employees cannot place wagers on any NBA event, including summer leagues, WNBA games, Basketball Africa League, or the NBA2K league. The NHL does not have such a policy, but has sponsorship agreements with bookmakers that give them access to in-game data and other information.

Major League Baseball has a rule that prohibits players, coaches, and team employees from gambling on the sport. Anyone who violates this rule risks losing their eligibility, and those who are permanently banned from MLB are also barred from entering the Baseball Hall of Fame.

Legal sports betting in Kentucky is available online and in-person, with sites accepting payments via Visa, MasterCard, Discover, Skrill, Play+ cards, ACH transfers, wire transfers, PayNearMe, and a wide range of local payment methods. Generally, the best KY online sportsbooks will also feature dedicated customer support teams offering 24/7 assistance. Often, live chat is the quickest way to reach support staff, although email and dedicated social media handles are also available. In addition, the top sites will offer very fast deposits and withdrawals, with limits to suit all bettors.