Official betting is the act of placing a bet on the winner of a particular event. This type of bet is regulated by state and national law, and the outcome of each wager must be determined through fair means. This includes ensuring that all bettors are of legal age and located within the state where they are making their bets. Additionally, state laws prevent bribing officials or any person who has inside information that could be used to fix a match or event.
Despite these strict regulations, sports betting is becoming increasingly popular. As a result, there are more and more legitimate online sports betting sites and apps available to American citizens. However, with so many options out there, it can be difficult to find the best one for you. Luckily, we have put together this guide to help you find the best place to place your bets. We have ranked the top 10 online sportsbooks based on user reviews, bonus offers, and other factors. So whether you’re a casual bettor or a dedicated enthusiast, we’ve got you covered.
The Supreme Court struck down a federal law that prevented commercial sports gambling in late 2018, and Massachusetts began turning the wheels on sports betting shortly thereafter. Since then, the Bay State has rolled out a number of regulated sportsbooks, including a handful of mobile apps. But what does this mean for Massachusetts bettors?
To begin placing wagers on sports, you must be at least 21 years old and reside in the state of Massachusetts. The state also requires you to provide a Social Security number when you sign up for an account. This is to ensure you are over the age of 21, as well as verify your identity and address for tax purposes.
Before you can place a bet, you must choose your bet type and the amount of money you’d like to risk. You can also select a specific team or player to bet on. If you’re looking for a larger payout, you can place a bet on a prop, or proposition, bet. These bets typically have a lower house edge than traditional bets.
In addition to straight bets, you can also place bets on over/under (O/U) and game totals. Over/under bets are usually based on regular season win totals, while game totals are based on the sum of individual team points scored and allowed.
Sports betting launched in Massachusetts on March 10, 2023, with six operators going live just in time for March Madness. The state is a small market, but its figures on launch weekend far outstripped those of similarly-sized states. According to fraud and risk solutions provider GeoComply, over 400,000 new accounts opened in Massachusetts on the first day of sports betting. This included both retail and mobile users.