Sports betting has been around for centuries. It’s long been a beloved activity of sports fans worldwide, offering another way sports fans can engage with their favorite sports and other fans. But if you’re new to sports betting, you might not know much about it, how to place a bet, or even where to start. Consider this your beginner’s guide to sports betting.
Recent History of Sports Betting
In the long history of sports betting, the most important time to pay attention to is recent history. Specifically, what’s been happening over the last few decades. From 1992 to 2018, sports betting was illegal in the United States. Sports fans of course still placed bets, but it was a lot harder to do so.
In 2018, the U.S. Supreme Court decided that making sports betting illegal was unconstitutional and that states should have the right to choose whether or not sports betting should be legal. States like Pennsylvania, New Mexico, New Jersey, Nevada, and Rhode Island now have completely legalized sports betting. States like New York, Indiana, and Montana have legalized sports betting only in select areas, and many other states are working on bills right now to legalize some form of sports betting.
Although many professional sports leagues like the NFL were originally against the legalization of sports betting, they’ve now come around to the idea. Small taxes on bets can provide various leagues with additional income. Plus, it offers another way to keep fans engaged with their favorite sports and teams, which is the end goal of every team. The NFL, for example, recently signed a deal with Caesars Entertainment for exactly that purpose.
Where Should You Place Bets?
This all depends on where you live. If sports betting is legal throughout your state, then you have nothing to worry about. The most convenient place for you is to place bets online through a reputable website or app. You might choose a site or app specifically known for placing sports bets, or one that offers a wide selection of gaming and betting options.
But if you live in one of the states with legal sports betting only in specific areas, then you’ll have to follow those rules. This might require you to place bets in a physical casino, whether in person or on a mobile phone. And if you think you can get around this, think again: Most sites or apps will verify your location before you can place a bet.
Additionally, it’s important to know that many betting sites will offer you a sign-up bonus or credit, or other perks like getting a refund if you lose your first bet. Do some research and find out which site best fits what you’re looking for. But before you place a bet, make sure to keep these three reasons new bettors often lose money in mind, and be sure to place your bets wisely!
There’s a lot of money in eSports, and eSports covers a wide variety of games, from first person shooters, to sports games, to fantasy games. The now billion-dollar industry is hugely competitive and popular, with prize pools for tournaments sometimes reaching into the millions. Just like with traditional sports, eSports fans will place bets on games and even travel long distances to watch their favorite gamers (who are often professional gamers) compete.
Similar to traditional sports betting, you can place bets on eSports tournaments on many general sports betting websites or else on eSports betting websites. The process of placing bets is exactly the same. The most popular eSports to bet on are usually League of Legends, Counter Strike GO, and Dota 2.
Between the legalization of sports betting in the U.S. and the arrival of eSports betting, this is certainly an exciting time in the world of sports betting — and an exciting time to get involved and place a bet.