If you’re looking to make money on the next big game, then you’re in the right place. Online sportsbook real money allows you to place bets on your favorite team or event with a real dollar amount, giving you the opportunity to win cash and take home actual prizes. The best sites are safe and secure and offer a variety of banking methods.
The first step is to register with a legal sportsbook. You’ll need to provide basic personal details, including your email address, phone number, and a partial SSN to verify your identity. Once registered, you can then deposit funds into your account and start placing bets on the games you like. The best online sportsbooks will be licensed and regulated in the US, so you can be sure that your financial information is safe. They also pay taxes, which contribute to vital services such as emergency response and infrastructure.
New Jersey was one of the earliest states to allow sports betting, with online and retail operations launched within weeks of the Supreme Court’s decision on PASPA. In the years since, the state has surpassed Nevada as America’s premier sportsbook hub.
Massachusetts was another nimble operator, authorizing both retail and online sportsbooks as soon as the federal ban was lifted. Its law, however, was a bit more complicated than those of other states that quickly followed suit. The state designated that 8 licenses would be tethered to existing physical locations in the state’s racinos, while the remaining 7 were available via competitive bid. As a result, it took some time for the first Massachusetts sportsbooks to open, but they made up for lost ground fast and are now a top choice for fans of the sport.
Oregon is a sports betting state, but the Beaver State’s legal framework is less accommodating than that of most other US states. The state has a monopolistic site in Sports Bet Montana, which typically offers noncompetitive odds (-115 or worse) on most common bets. It’s also unlikely that any other Oregon sportsbooks will launch in the near future.
Colorado’s sportsbooks are confined to three small towns in the Rocky Mountains: Black Hawk, Central City, and Cripple Creek. Those casinos are all quite far from Denver and other major population centers, which makes it difficult for sports betting to become a viable industry in the state. That said, the casinos are working to partner with online sportsbooks and hope to offer more options for locals in the future.
Tennessee was another early sports betting adopter, but it was also one of the few states to limit its online offerings to a single app. The rest of the state’s market is dominated by its retail sportsbooks, which are operated by casino locations and Churchill Downs Incorporated. As a result, Tennessee’s sportsbook apps tend to be less reliable than those of other states. This has made it difficult for sports betting to become a big draw in the Volunteer State, but things could change in 2023.