After the Supreme Court struck down PASPA, sports betting has taken root across America. Legalized in more than 30 states, there are now countless sportsbooks accepting wagers on everything from NBA and NFL games to daily fantasy sports. However, there are a few key things you should know before placing your first bet. This article covers when your bet becomes official, standard procedural policies that most sportsbooks follow, and more.
Generally, the rules around official betting are fairly straightforward. Whether you’re placing a bet on a single team or multiple teams, your bet will be accepted if the final score meets or exceeds the total set by the bookmaker. This includes overtime. If a game ends in a tie, however, the bet is void. This also applies to two-way markets where players are included in the market.
In addition, the FA has a code of conduct that prohibits individuals who are either associated with clubs at lower levels in the men’s or women’s league systems, plus match officials at FA Level 4 or below from seeking, offering, or agreeing to take bribes to fix a match. Individuals are also banned from advertising or promoting any betting activity that is in violation of this code.
The NHL announced a partnership with PENN Entertainment’s online sportsbook brands, ESPN BET in the US and theScore Bet in Canada, as the official sportsbooks of the NHL. The rebranded ESPN BET launched on Nov. 14 and currently operates in 17 states.