Don't let the numbers at the sportsbooks confuse you. Learn all the basics to sports betting on this page along with a few advanced methods. Betting on auto racing has exploded in popularity in Vegas in recent years, and its appeal continues to grow. The structure of betting on auto racing is similar to that of golf. The most basic wager involves picking the winner of a race.
Typically a sportsbook will list 20 or more individual drivers along with a field all others option, at various odds. Auto racing matchup propositions also are available, in which two drivers are paired against each other in a head-to-head wager, with a betting line on each driver set by the oddsmaker. The driver with the better finish in the race wins the matchup. Both drivers must start for action. For example, a matchup may pit Dale Jarrett minus against Bobby Labonte plus To bet on baseball, tell the ticket writer the bet number of the team you wish to bet and the amount you wish to wager.
If your team wins the game, you win. The payout varies according to the odds posted. Baseball odds are shown using a "Money Line. A "minus" - preceding the number indicates the team is a favorite. On Today's Line we use a different format, the idea is the same. You will not find the odds for the Underdog. The Underdog's odds are based on what the casino has for its line. Most use a "Dime Line" or something close to that.
Here are two more examples of a dime line and a cent line. See whether you can tell them apart. You can arrive at the underdog's price by looking at the favorite's line. Dime lines are slowly disappearing as sports books look to make a larger profit during what is traditionally the slowest betting season. Several books still offer dime lines. Money lines change constantly. The listed money line the time you make your bet may be different from the money line when the game starts.
The listed line on your ticket is your official odds, unless starting pitcher is changed. This is explained later. You may wager that the total score of the game will be more or less than the number listed. It makes no difference which team wins. Simply add the final scores of each team. If either doesn't happen, the bet is refunded.
A favorite must win by 2 runs or more, or the underdog must either: a Win the game. The payout varies according to the money line odds assigned to each outcome. Note: Same rules apply to run line bets as totals. Baseball parlays are figured out by calculating the payout for the first game, based on the money line, then applying that amount to the next game, and so-forth.
If a game is postponed for any reason, the parlay reduces by one team. The bet is treated as if the postponed game were never included in the parlay. Simply ask the betting attendant at your favorite sports book what your payout would be before placing the bet. When making a baseball bet, you are betting team vs. You have the option to specify that either or both listed pitchers must start the game.
Since baseball odds are determined on starting pitchers, any late pitching changes often force an adjustment in the odds. This will increase or decrease the payout on a winning ticket. However, if you list starting pitchers, and your pitcher doesn't start, then the bet is refunded.
To bet on basketball, tell the ticket writer the bet number of the team you wish to bet, with the point spread, and the amount you wish to wager. The Point Spread: When betting on basketball, the team you bet on must "cover the spread. The point spread is always placed to the immediate right of the team that is favored.
In this example, if you bet the Bulls, the Bulls must win by 4 points for you to win your bet. If you bet the Lakers, any of the following will declare you a winner. If the Bulls win by exactly 3 points then the wager is declared a push and all money is refunded. Point spreads change constantly. The listed point spread the time you make your bet may be different from the point spread when the game starts.
The point spread that is listed on your ticket is your official spread. It makes no difference which team covers the spread. Simply add the final score of each team. You may combine several teams into one wager. Odds and the number of teams vary from casino to casino. The following are approximate odds:.
Any game that results in a push reduces the parlay one team. A two-team parlay would become a straight bet. This increases the probability of winning your bet but decreases the odds of the parlay. Odds and the number of points available to "tease" vary from casino to casino. To bet on boxing, tell the ticket writer the bet number of the boxer you wish to bet and the amount you wish to wager. Boxing odds are shown using a "Money Line. A "minus" - preceding the number indicates a favorite. Tyson is favored to win the bout.
Boxing matches often feature money line proposition wagers on knockouts, draws, rounds and the duration of the fight. Odds vary on each fight. To bet on football, tell the ticket writer the bet number of the team you wish to bet, with the point spread and the amount you wish to wager. The point spread: When betting on football, the team you bet on must "cover the spread.
If you bet the Dolphins, the Dolphins must win by 7 points for you to win your bet. If you bet the Jets, any of the following will declare you a winner. The listed point spread at the time you make your bet may be different from the point spread when the game starts. In some cases, bettors have the option to discard the point spread and bet on which team will win.
This is called betting on the "Money Line". Sports books offer a number of different cards, each one having different rules. Rules for parlay cards are placed on the back of each card. Read them carefully before wagering. The cards are simple to fill out. Simply darken the boxes, or circles, that apply to the teams you wish to parlay.
Then darken the amount you want to bet. Sportsbooks offer bettors the opportunity to wager on the outcome of a season -- for example, which team will win the Super Bowl or the Stanley Cup or the American League East pennant.
This is known as "futures book" or "future book" betting. As an illustration, let's look at Super Bowl futures. For example, the Ravens may be , the Redskins , the Cardinals , etc. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl. When you make a futures bet, your odds are "locked in.
Futures betting also is offered on the major events in horse racing, such as the Kentucky Derby and Breeders' Cup. In horse racing futures, if your horse does not start the race due to injury or any other reason, you lose the bet -- there are no refunds. On the other hand, the odds on your horse racing futures bet also are "locked in," regardless of the horse's odds on race day.
Some sportsbooks offer futures betting on unusual propositions, such as which major league baseball player will hit the most home runs in the regular season. Note that in this type of wager, all bets are action regardless of injuries or other unforeseen events. This type of wager is typically found on pro football and major league baseball, and sometimes on pro basketball.
Enjoy real table games in real time. You against the real deal! Our Beautiful staff will always welcome you! Play live with friends the and enjoy a variety of limits and tables. Poker is accessible for everybody, simply ask and will get it turned on!
You can also play on the go with our mobile version! The casino graphics are wonderful, and the feeling of sitting in a brick and mortar casino. We have lots of different casino games: blackjack, roulette, craps, baccarat, video poker, pai gow poker, keno and slots. I see the odds your favor!
If you are the type of breed of customer focused only on horseracing THIS is the place for you! We also offer full track odds.
If the total points scored are or fewer, you lose. The juice is the commission you have to pay to the sportsbook for them to accept your wager. With legalized sports betting spreading across America, sports bettors have never had more options to take advantage of. To see if sports betting is legal where you live, check out our state-by-state tracker. Some of the biggest states that have legalized mobile wagering include Colorado , New Jersey , Pennsylvania , Indiana and West Virginia.
The sportsbooks highlighted below are all trustworthy legal shops that take bets online. Click to return to table of contents. In the end, you have the final say on how much to risk on a game, but a good rule is risk only what you can afford to lose. Sports betting is a marathon, not a sprint. There will be good days and bad days. As a result, we recommend a flat-betting approach. They are unique to the team, sport and league, and universal across most sportsbooks. Much like stocks on Wall Street, the sports betting market is fluid.
Lines can vary based on the sportsbook, because different books have different clienteles. As a result, one book may post the Cavs -8 while another has Having access to more than one sportsbook allows you to shop for the best line. Getting an extra half-point might not seem like a huge deal, but it adds up over the long haul and increases your chances of winning. Our live odds pages will automatically surface the best line for every game. These are all a good thing to know, and it can allow you to maximize your winnings.
Check it out for free here. Sports Betting. Best Books. Action Network Staff. Download App. Read now. On balance Michigan looks to have made a sensible compromise. The state licensed casinos in Michigan have a minimum age limit of The two new laws enshrine this in legislation for both retail and online sports betting. The tribal casinos vary. Some allow gambling for 18 or 19 year olds, others keep to the standard Michigan online sports betting gets rid of the need to physically visit the casino.
Because of internet sports betting, you can set up an account online in minutes. Make sure to copy down any bonus codes that you see, then press the button to Play Now. Choose the correct one. The installation will proceed as normal.
Then, they can download the file and install it. Look for a large button in the top right of the display. Personal details are legally required to avoid any under age gambling. If you happen to set up your account using your PC, your account will automatically work on your mobile device. Simply download the app and sign in using your new user name and password. Many of the new sports betting operators will offer special deals for new customers.
Check the offers out before you open your first account. Obviously you need money to place your first bets. Thankfully, sports betting operators accept deposits from many different methods. The new laws actually specify a minimum number of methods that the casinos must provide. Your deposit is linked directly to your account, so you can always see your account balance online. When you make a bet the money is debited from your sports betting account. When you win, the operator credits your account.
Unless you have paid with cash at a PayNearMe service, you can usually use the same method to withdraw as you used to deposit. If not, the normal way to get your cash out of your online account is with an echeck. You may have heard the horror stories of customers at the black market offshore sites who have lost money when they have gone bust. Losing all your money when the site fails is not fun, but even if your site remains active, a common problem offshore sites have is that it takes them a long time to pay out winnings,.
It depends on the app you choose. Many Michigan sports fans that already have a VIP account at one of the casinos are familiar with the various benefits of the programs. The new laws require online sports betting operators to operate in partnership with a casino. This creates the opportunity to merge the benefits of online play and bets made at the casinos. Online sports bettors can earn points which can be used for benefits from the M Life scheme. One of the reasons casinos are now in favor of internet gambling is that they have seen the benefits for their retail operations.
Michigan sports betting laws only apply inside the state borders. If you cross the border into another state you can no longer bet legally with a Michigan licensed operator. If you already have an internet sports betting account in another state such as New Jersey, you cannot bet with that account in Michigan. However, regardless of where you are, you will almost certainly be able to access your account and banking details. The tax provisions of the new law make it easy for casinos and online sports betting operators to offer competitive odds for sports fans.
The Michigan system means several operators will compete for every sports fan who wants to bet, and that means competing on price. Odds should be no different from those offered in Vegas. What bettors should notice is when odds vary from one Michigan operator to another. The big business of sports betting uses sophisticated algorithms and data for setting the odds of any event.
The systems differ from operator to operator, so sometimes you can get better odds at a different online account. It costs nothing to check, so if you are a regular bettor it is worth establishing several online accounts. The new Michigan sports betting laws leave it up to the regulator to determine valid sporting events for betting.
For the less popular sports, wagers are only offered on major competitions. These might include the Olympic Games, and the World Cup for rugby. Modern technology allows for some quite innovative options. The most popular of these include:. Legal state-regulated sports betting sites get access to real time sports data that means they can offer bets even after a game has started. As the game progresses, the sports betting operator can see what impact play has had on possible outcomes—in other words, the odds change as the game progresses.
They can offer odds almost instantaneously on outcomes whose probability has changed since the game began. If you have bet on one team to win and the play is going against them, then you can place an in-game bet to protect your losses. Other in-game bets available might be on the score at the end of a half or which player will score the most.
Needless to say, these bets make watching games a lot more exciting and have become enormously popular wherever they are legal. You can end up caring about the performance of some player or team that no one else notices, so it can feel like a very lonely bet. One further advantage of the real-time data is that operators can now offer to cash out your bet before the final outcome is known.
They can use their knowledge of how the probability of you winning has changed since the game began to offer price for you to close your bet early. Of course you pay a fee for this service. Nevertheless, it can avoid much heartache to cash out a winning bet before the opposing team makes a miracle recovery in the final quarter. Of the remaining companies that have not been terribly active in Michigan yet, there are a few that are likely to show up, at some point.
All three companies are still fighting for approval from the licensing board and should hear an answer before long. Michigan bit the bullet and authorized both live and online sports betting. This might seem like a no-brainer, but in some states like New York , only live sports betting is allowed.
If legislators had decided to forego Michigan online betting, they would have made a big mistake. Without online, there is a much smaller incentive for bettors to abandon their offshore betting sites and return to the legal environment. State gambling tax revenues would be much lower and customer protections almost absent. State regulation of sports betting allows for provisions to help protect punters against problem gambling.
The casinos offering sports betting online are restricted to offering only one brand each. However, sufficient numbers of tribal casinos are likely to enter the market so that there should be a wide choice of brands for sports bettors to use. That makes for competitive odds, lots of new customer promotions and a much healthier commercial environment.
Michigan has followed the example of other states with licensed casinos and restricted sports betting to its licencees. There are only three state licensed casinos, all of them in Detroit. All are luxury high end casinos offering an experience that would not be out of place in Las Vegas. It is likely that sports betting will begin first at the casinos and then go online a short time later. Not all tribal casinos are likely to offer a Michigan sport betting app or get into internet gambling, but enough will to provide serious competition to Detroit.
The Greektown Casino Hotel is a 30 story building containing , square feet of gaming space. The foot high building includes a bedroom hotel and a huge conference center. The buildings are owned by Vici Properties. Penn National already has sports betting at several of its properties in other states. It has several sports betting partners, but Michigan law proposes to allow only one brand partner per casino. Kambi provides Penn with sports betting technology, but the online brand Greektown will use will be William Hill.
When it opened in it boasted that it was the first luxury casino resort hotel outside Las Vegas. The resort includes bedrooms and a 30, square foot conference area. Owners MGM aim to be active in every possible state sports betting market, including Michigan. To this end they have struck a strategic partnership with British company GVC.
The two companies have a joint venture called Roar Digital.
A small collection of brick-and-mortar sportsbooks were open less than one week before Gov. Pritzker ordered the closure of casinos statewide. The silver lining for Illinois sports bettors is that online, remote registration has been available on and off since early June as a result of these unique circumstances. More on that below.
DFS-turned-sportsbook giants FanDuel and DraftKings have also joined in — and a lot sooner than originally intended or expected. This page will review in detail the status of legal online sports betting in Illinois, and what sports bettors in the Land of Lincoln can expect in the future. The timetable for online sports betting was both accelerated and thrown into disarray when Gov.
But then on Aug. The order has been renewed multiple times and is currently in effect through at least Dec. Hawthorne was the first to be approved for a sports wagering license in July and began taking mobile bets Sept. Fairmount Park was granted its license Oct. Louis metropolitan area. Both Hawthorne and Fairmount will offer sports betting at the track, at three OTBs each the maximum allowed by law , and via digital platforms.
Right now it is possible to sign up over the internet with any of the active online sportsbooks in the state — check the table above for the complete list. In-person registration is also still available at brick-and-mortar casino partners.
Remember, registration is only good for that specific sportsbook operator. New accounts are required for each online sportsbook. The legal age for gambling in Illinois, be it casino or sports betting, is It is 18 for horse racing, which may cause logistical issues down the road. While Hawthorne is already accepting sports wagers both retail and online, there is no timetable when FanDuel will launch operations at the Collinsville horse racing track. FanDuel, though, is expected to have both retail and mobile betting available there upon launch.
Illinois online sportsbook operators utilize geolocation security technology, similar to other states that have legalized online sports betting. The quality of these geolocation services is important since Illinois is bordered by two states, Indiana and Iowa, that also have online sports betting. A third, Kentucky, has sports betting in the legislative pipeline.
The bettor does not have to be an Illinois resident to place a wager, but simply in the state at the time the bet is placed. A strong WiFi signal or cellular service provider should be enough for the geolocation tracker to confirm the point of origin, though being close to a bordering state could lead to occasional confusion.
Aside from age and physical location requirements, Illinois law also has a specified list of people who are not permitted to place wagers in the state. Additionally, the IGB has the authority to ban bettors or allow them to be placed on a self-exclusion list. Those lists exist as a safety mechanism to help individuals protect themselves from problem gambling.
After registering your account, the next step is to deposit money. As with other states, Illinois has multiple options available to bettors that are both quick and convenient when it comes to accessing money. Check the tables above on this page for the top IL sportsbook bonuses. These include matched bets, risk-free bets, matched deposits, and bonus money.
Most promotions include a specific code to be entered at the time of deposit in order to access the offer, and they are usually available exclusively for new customers. You'll now receive the top For The Win stories each day directly in your inbox. Please enter an email address. Something went wrong. The Giants are the underdogs. Good luck! December 26, Nina Stojanovic, 9 p. From The Web Ads by Zergnet. So, Clark wrote a quick Share this article share.
Most Popular. Email Sign up No, thanks. Never miss a great story Sign up for the Morning Win newsletter for an irreverent and incisive recap of daily sports news. An error has occured Please re-enter your email address. Thanks for signing up!
Error Please enter an email address.