Official betting is the process of placing bets on the official result of a game or event, as declared by the relevant governing body. This includes outright and tournament winner markets, totals and team-specific bets such as first goalscorer and winning margins. Incomplete passes and safeties won’t count toward settling team score drives. Games that are abandoned and then rescheduled will only be settled if the new start time is within 24 hours.
In the case of soccer, bets are settled on the official result from the governing body, which is determined after 90 minutes of play. This includes injury time in both halves but does not include extra-time or penalties. Games that are postponed will see bets on the match result voided unless the rescheduled game takes place within 24 hours.
If a player or team has a + before their odds, they are the underdog and will win against the spread. If a team or player has – before their odds, they are the favorite and will lose against the spread.
Legal sports betting rolled out in New Jersey in 2019 following the Supreme Court’s PASPA ruling, with retail and online wagering available. The Garden State was among the first states to launch sportsbooks, with DraftKings leading the way for online sportsbooks, followed by FanDuel and BetRivers. It took longer to get sports betting going in Ohio, but it finally did so in December 2021 and launched on Jan. 1, 2023 with retail and online sportsbooks from SugarHouse, DraftKings, FanDuel, BetRivers and Caesars.