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Sportsbook at Wynn Las Vegas, during Super Bowl XLII, February 2008

In the United States of America a sportsbook is a place where a player can bet money on many different sports, for example basketball, golf, football, hockey, baseball, soccer, horse racing, boxing and many more. A bet is when a person thinks that a particular team/contestant will win a competition and gives some money. If he wins the bet - he will receive his money back with some monetary prize. If his team/contestant loses, he will not get his money back.

The Professional and Amateur Sports Protection Act of 1992 allows only Nevada, Oregon, Montana, and Delaware[1] to legally bet on sports. There are more Sportbooks that allow betting online or through mobile. With better availability and lower minimum bets, the whole industry is rapidly growing.[2]

Before placing a bet a person should read the terms and conditions of the sportsbook to avoid any problems.

References[change | change source]

  1. Millman, Chad (May 13, 2009). "Delaware Allows Sports Betting". ESPN. Retrieved January 30, 2012.
  2. Comparison and explanation of Sportsbook services