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  • The legality of sports betting in the U.S. varies by state. As of 2025, over 39 states have legalized sports betting, with many offering online and mobile options. However, some states still prohibit it. It's crucial to check your state's specific laws to ensure you're betting legally.
  • Note: The legal status of sports betting can change frequently due to new legislation or regulatory changes. It's essential to consult local laws and regulations before engaging in sports betting activities.

  • American Gaming Association (AGA) – Interactive State Map
    • Overview: Provides an interactive map detailing the legality of sports betting across all U.S. states. It includes information on retail and online/mobile sportsbooks, key regulations, and the status of sports betting in each state as of January 14, 2025.
    • Website: https://www.americangaming.org/research/state-gaming-map/

  • A sportsbook is a platform where you can place bets on various sports events. When choosing a sportsbook, consider factors like:


  • Licensing and regulation: Ensure the sportsbook is licensed in your state.
     
  • Bonuses and promotions: Look for welcome bonuses and ongoing promotions.
     
  • Payment methods and withdrawal times: Verify the available payment options and withdrawal processes.
     
  • User interface and mobile compatibility: Ensure the platform is user-friendly and compatible with your devices.

  • FanDuel Sportsbook
    • Strengths: User-friendly interface, extensive market coverage, and strong mobile app performance.
    • Promotions: Offers a $250 bonus for a $5 winning bet.
    • User Base: Over 15 million active users.
    • Availability: Available in multiple states.
     
  • DraftKings Sportsbook
    • Strengths: Wide range of betting markets, robust promotions, and a comprehensive loyalty program.
    • Promotions: Bet $5, get $200 instantly.
    • User Base: Over 15 million active users.
    • Availability: Available in multiple states.
     
  • BetMGM Sportsbook
    • Strengths: Strong brand affiliation with MGM Resorts, extensive betting options, and a rewarding loyalty program.
    • Promotions: Up to $1,500 in bonus bets for new users.
    • Availability: Available in multiple states.
     
  • Caesars Sportsbook
    • Strengths: Part of Caesars Entertainment, offering vast betting options and a robust rewards program.
    • Promotions: Bet $1, get 10 Profit Boost Tokens.
    • Availability: Available in multiple states.
     
  • bet365 Sportsbook
    • Strengths: Internationally recognized platform with a vast selection of sports and betting markets.
    • Promotions: Bet $5, get $150 in bonus bets or up to $1,000 if your first bet loses.
    • Availability: Available in select states.
     
  • Fanatics Sportsbook
    • Strengths: Integration with Fanatics' sports merchandise platform, offering a seamless experience.
    • Promotions: Bet $30, get $300 or up to $1,000 in no-sweat bets.
    • Availability: Available in multiple states.
     
  • BetOnline Sportsbook
    • Strengths: Innovative features like early lines and live betting, catering to both novice and expert bettors.
    • Promotions: Offers a range of bonuses and promotions.
    • Availability: Available in multiple states.
     
  • MyBookie Sportsbook
    • Strengths: Attractive promotional offers and a wide range of betting markets.
    • Promotions: Various bonuses and promotions to enhance the experience.
    • Availability: Available in multiple states.
     
  • Bet ESPN Sportsbook
    • Strengths: Strong backing from ESPN brand, seamless integration with ESPN's sports content and live updates.
    • Promotions: Competitive sign-up bonuses and special ESPN-themed betting promotions.
    • Availability: Available in multiple states.
     
  • PointsBet Sportsbook
    • Strengths: Unique points betting system that offers a fresh take on traditional wagering.
    • Promotions: Generous welcome offers and ongoing promotions tailored to new users.
    • Availability: Available in multiple states.
     
  • Note: These sportsbooks have established themselves as leaders in the U.S. online betting landscape, offering diverse features and promotions to cater to a wide range of bettors. Always ensure that the sportsbook you choose is legal and regulated in your state.

  • Bankroll management is the practice of setting a dedicated amount of money for betting and carefully planning how much of that money you risk on each wager. It’s a strategy that helps you bet within your means, manage your risk, and stay in the game longer—regardless of winning or losing streaks.

  • Bankroll management is all about deciding how much money to bet based on the total amount you have set aside for sports betting—called your "bankroll." A smart approach is to bet a small percentage of your bankroll rather than placing large or random bets.
  • This method helps you stay in control, avoid big losses, and make your money last longer. For example, if your bankroll is $1,000, here are some recommended bet sizes:
    • 1–2% ($10–$20) – Low risk, best for beginners who want to protect their funds.
    • 3–5% ($30–$50) – Moderate risk, often used by experienced bettors.
    • 6–10% ($60–$100) – High risk, not recommended unless you’re very confident and can handle bigger swings.


  • Using this kind of guideline helps you place smarter, more consistent bets over time.

  • It isn't just a tip
    It’s a foundation for betting smarter, staying disciplined, and giving yourself the best chance to succeed over time.


  • Protects Your Money
    It prevents you from losing your entire bankroll in just a few bad bets, helping you stay in control.
     
  • Reduces Emotional Decisions
    It keeps you from chasing losses or betting more when you're overly confident, leading to smarter choices.
     
  • Builds Discipline
    Following a consistent betting plan teaches you patience and self-control, two key traits of successful bettors.
     
  • Improves Long-Term Results
    Even if you lose a few bets, you can recover because you didn’t risk too much on any single game.
     
  • Makes Betting More Enjoyable
    With a solid plan, you avoid stress and pressure, turning sports betting into a fun and sustainable hobby.

  • Action/Wager: Refers to any bet placed on a sporting event.
  • Odds: Indicate the probability of an outcome and determine potential payouts.
  • Point Spread: The projected margin of victory for the favorite; involves betting on a team to win by more than the spread (favorite) or lose by less than or win outright (underdog).
  • Moneyline: A straightforward bet on which team or player will win.
  • Over/Under (Totals): A wager on whether the combined score will exceed or fall short of a set number.
  • Favorite/Underdog: The team expected to win (favorite) or lose (underdog).
  • Push: When a bet's outcome exactly matches the spread or total, resulting in a refund. 

  • Parlay: A single bet combining multiple wagers, requiring all selections to win for a higher payout. A Same Game Parlay combines bets from a single game.
  • Prop Bet: A wager on specific events within a game, not the final outcome.
  • Futures Bet: A bet on a future event, like a championship winner.
  • Teaser: Similar to a parlay but allows adjusting point spreads in exchange for lower payouts. 

  • Book (Sportsbook): A place for betting on sports.
  • Vig/Juice: The commission charged by the sportsbook.
  • Handle: The total amount bet on an event.
  • Handicapping: Analyzing data to predict outcomes.
  • Hedging: Betting on the opposite side to reduce risk.
  • Sharp (Wiseguy): An experienced sports bettor.
  • Off the Board: A game where bets are no longer accepted.
  • Lock: A term for a seemingly guaranteed win, often considered misleading. 

  • Odds represent the probability of a particular outcome occurring and determine how much you can win from a bet. In the U.S., odds are typically presented in American format (e.g., +200 or -150). Positive odds indicate how much profit you'd make on a $100 bet, while negative odds show how much you'd need to bet to win $100.

  • A moneyline bet Is a bet in which the point spread is replaced by odds, so a favorite needs only to win the game, while an underdog must win it outright. 
  • A point spread is a handicap to balance uneven matches. The favorite must win by more than the spread to cover, while the underdog covers by winning or losing by less than the spread.

  • A wager in which multiple teams are bet, either against the spread or on the money line. For the wager to win (or pay out), all of them must cover/win. More selections increase payout potential but also risk.

  • A broad category of wagers that extend beyond spread/total/money-line bets. For example, a team prop could be offered for which team will score first. A player prop could be offered for how many yards a player will gain. Sometimes called a "game within a game." These are especially popular on major events, with the Super Bowl being the ultimate prop betting event.

  • A -1 runline calculator is a valuable tool for bettors seeking to replicate a -1 runline bet when it's not directly offered by sportsbooks, allowing for more strategic and potentially more profitable betting decisions.

  • A -1 runline calculator is a specialized tool designed to help sports bettors determine the optimal combination of moneyline and runline bets to replicate a -1 runline wager. This is particularly useful when a sportsbook doesn't offer a direct -1 runline option. By inputting the odds for the moneyline and the -1.5 runline, the calculator computes the appropriate bet sizes on each to achieve a net result equivalent to betting on a -1 runline. For instance, a calculator might suggest betting on the moneyline and the -1.5 runline in specific proportions to mimic a -1 runline bet.

  • Some sportsbooks do not offer a -1 runline option, and even when they do, the odds may not be favorable. In such cases, using a -1 runline calculator allows bettors to create a custom betting strategy that can be more profitable. By calculating the optimal bet sizes on the moneyline and the -1.5 runline, bettors can replicate the desired -1 runline outcome with potentially better odds and increased value. This approach provides flexibility and can enhance profitability, especially when direct -1 runline options are unavailable or unattractive.

  • Vig or juice is the sportsbook's commission. Understanding it is important as it impacts potential payouts and the sportsbook's profit. 

  • Action -- Having a wager on a game.
  • Alternative line -- Many sportsbooks offer multiple options for point spreads, totals and other markets, with longer or shorter odds based on whether the result is considered more or less likely to occur.
  • ATS (against the spread) -- If a team is 5-2 ATS, it has a 5-2 record against the point spread.
  • Backdoor cover -- A team that is not covering scores points at the end of a game to cover the spread unexpectedly.
  • Bad beat -- Losing a bet that looked likely to win near the end of a game or other time period.
  • Book -- Short for sportsbook.
  • Cashout -- An option offered by many sportsbooks in which bettors can accept a payout before a wager reaches its end.
  • Chalk -- The favorite in the game. People said to be "chalk" bettors typically bet the favorite.
  • Closing line -- The final line before the game or event begins.
  • Cover -- The betting result on a point-spread wager. For a favorite to cover, it has to win by more than the spread; an underdog covers by winning outright or losing by less than the spread.
  • Edge -- An advantage. Sports bettors might feel they have an edge on a sportsbook if they think its lines are not accurately reflecting the range of possible outcomes.
  • Even money -- Odds that are considered 50-50. You put up $1 to win $1.
  • Fade -- To go against a team, a player, a handicapper or the public.
  • Favorite -- The expected straight-up winner in a game or event. Depending on the sport, the favorite will lay either odds or points. For example, in a football game, if a team is a 2.5-point favorite, it will have to win by three points or more to be an ATS winner.
  • Futures bet -- A long-term wager that typically relates to a team or individual's season-long success. Common futures bets include betting a team to win a championship at the outset of a season, whether the team will win or lose more games than a set line at the start of the season, or a particular player to win a specific award.
  • Grade -- The certification of wagering results. When the game ends, betting tickets are graded as winners or losers.
  • Halftime bet -- A bet made after the first half ends and before the second half begins (football and basketball primarily).
  • Handicapper -- A person trying to predict the winners of an event.
  • Handle -- The amount of money taken by a sportsbook on an event or the total amount of money wagered.
  • High roller -- A high-stakes gambler.
  • Hit rate -- The percentage at which an athlete has exceeded a proposition total -- such as a basketball player's line for combined points, rebounds and assists -- or the winning percentage for an individual bettor.
  • Hold, vig, juice -- The hold is the difference between what has been taken in by the sportsbook and what has been paid out. Vig (short for "vigorish"), also known as juice, is the premium it charges for taking the bet, such as 10%.
  • Hook -- A half-point. If a team is a 7.5-point favorite, it is said to be "laying seven and a hook."
  • In-game wagering -- A service offered by sportsbooks in which bettors can place bets in real time, as the game is occurring.
  • Laying points -- Betting on a favorite. A wager on a team as a 2.5-point favorite means you are laying 2.5 points, so the team must win by at least three.
  • Limit -- The maximum bet taken by a sportsbook. If a sportsbook has a $10,000 limit, it will take that bet but will then decide whether it's going to adjust the line before the bettor can bet again.
  • Line movement -- Changes in a particular betting market before an event occurs.
  • Live betting -- Another term for in-game wagering.
  • Lock -- A guaranteed win in the eyes of the person who made the wager.
  • Money line -- A bet in which the point spread is replaced by odds, so a favorite needs only to win the game, while an underdog must win it outright.
  • Mush -- a bettor or gambler who is considered to be bad luck.
  • Odds boost -- An increased payout offered by a sportsbook, typically as a promotion.
  • Oddsmaker (also linemaker) -- The person who sets the odds.
  • Odds-on favorite -- A strong favorite that has, or is seen as having, a better-than-even chance to win and thus pays less than even money. For example, a team with -150 odds to win a title entering the playoffs is said to be the odds-on favorite.
  • Off the board -- When a sportsbook has taken a bet down and is no longer accepting action or wagers on the game. This can happen if there is a late injury or some uncertainty regarding who will be participating.
  • Over/under -- A term that can be used to describe the total combined points in a game or the number of games a team will win in a season. Also used in prop bets.
  • Parlay -- A wager in which multiple teams are bet, either against the spread or on the money line. For the wager to win (or pay out), all of them must cover/win.
  • Pick 'em -- A game with no favorite or underdog. The point spread is zero, and the winner of the game is also the spread winner.
  • Point spread (or spread) -- The number of points by which the supposed better team is favored over the underdog.
  • Prop bet -- A broad category of wagers that extend beyond spread/total/money-line bets. For example, a team prop could be offered for which team will score first. A player prop could be offered for how many yards a player will gain. Sometimes called a "game within a game." These are especially popular on major events, with the Super Bowl being the ultimate prop betting event.
  • Puck line -- A type of market specific to hockey games. It is the equivalent of a spread and is usually set at 1.5.
  • Push -- When a result lands on the betting number and all wagers are refunded. For example, a 3-point favorite wins by exactly three points.
  • Run line -- A type of market specific to baseball games. It is the equivalent of a spread and is usually set at 1.5.
  • Same-game parlay -- A specific type of parlay in which bettors can string together multiple types of bets from the same game. For example, a person could bet on the spread, total and player props.
  • Sharp -- A professional, sophisticated sports bettor.
  • Spread -- Short for point spread.
  • Steam -- When a line is moving unusually fast. It can be a result of a group of bettors all getting their bets in at the same time. It can also occur when a respected handicapper recommends a bet to their followers, or when people react to news such as a key injury or a change in weather.
  • Straight up -- The expected outright winner of the money line in an event or game, not contingent on the point spread.
  • Teaser -- A bet that adjusts the point spread in the bettor's favor in exchange for having to pick multiple winners to win the wager. The odds are less favorable than on a parlay.
  • Total -- Also referred to as "over/under." The perceived expected point, run or goal total in a game. For example, in a football game, if the total is 41 points, bettors can bet "over" or "under" on that perceived total.
  • Underdog -- The team that is expected to lose straight up. You can either bet that the team will lose by less than the predicted amount (ATS), or get better than even-money odds that it will win the game outright. For example, if a team is a 2-1 underdog, you can bet $10 that the team will win. If it wins, you win $20 and receive your original $10 wager back.
  • Unit -- The amount risked per wager, such as $10. Some bettors scale up to multiple units when highly confident about a wager or scale down to a fraction of a unit when especially cautious.
  • Wager -- A bet.
  • Win total -- A futures line on a team finishing the season with more or fewer than a certain number of victories.

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