Sports betting is legal in 30 states and the District of Columbia. Sportsbooks set odds on events based on probability. Events with high probability do not pay as much as those with low probability. High-risk events pay out more but also carry higher risk. Some sportsbooks offer more than two sides on an event, or you can bet on a combination of teams and events.

Legal in the District of Columbia

Legal sports betting in the District of Columbia is now available for those who are over the age of 18. It is permissible to place sports bets in any business in the District. However, there are restrictions. There can only be one online or mobile app and only four major stadiums are permitted to offer sports betting. The regulations also stipulate that sports betting cannot be the sole form of commerce on a property.

Over/Under bets

When placing a sports bet, Over/Under bets are an excellent way to increase your winning chances. You can also combine over/under bets with other types of bets to increase your overall winning margin. However, you should always check the odds to be sure that the potential rewards are worth the risks.