How to Play Online Sportsbooks

Whether you’re in the mood to place a bet on your favorite team or merely interested in predicting the outcome of an event, there are a number of online sportsbooks that allow you to do so. These betting sites have a wide range of options and competitive odds, as well as large bonuses and promos that make it easy to get started.

Legal sportsbooks have a range of banking options that put them on par with real-world brick-and-mortar stores. Most sites accept major credit and debit cards, as well as e-wallets such as PayPal. Some US sportsbooks also offer ACH e-Check and Bitcoin deposits. Depositing and withdrawing funds from an online sportsbook is fast, usually within 24 hours with PayPal and three business days with ACH e-Check.

Banking options are a key area where legal, regulated sportsbooks have the edge over offshore operators. Previously, players were forced to wire money to offshore operators using unreliable delivery services that could result in a loss of funds. But now, the banking options at legal sportsbooks are extensive and secure.

Most sportsbooks offer a variety of different bets, including standard wagers such as point spreads and totals. The best sportsbooks will also include a variety of alternative bets, such as over/under and parlays. The latter are more difficult to win, but they can also offer much higher returns than single bets.

Aside from offering competitive odds and a great variety of bets, top sportsbooks have an excellent customer service department. They should be available around the clock to answer any questions and assist you with placing your bets.

Bonuses and promotions are a big part of online sports betting, and the best betting sites have a variety of offers to attract new customers. These bonuses can come in the form of free bets, moneyline boosts, risk-free bets, insurance offers on straight bets and parlays, and other exclusive offerings. In addition to these welcome bonuses, the best online sportsbooks will have regular, recurring promotions that can help you increase your profits throughout the year.

Fanatics Sportsbook

This stylish online sportsbook has a sleek, user-friendly interface and a generous welcome offer that includes free bets. Its robust feature set also includes live streaming of MLB, NBA and NHL games and a solid loyalty program that rewards members with free bets and other perks. The site also has a convenient change-location function that allows you to switch between your home state and the sportsbook’s website that caters to it.