Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises. The term "book" is a reference to the books used by wagebrokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, Nevada, or on gambling cruises through self-serve kiosks. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Illegal bookies, due to the nature of their business, can operate anywhere but only require money from losing bettors and don't require the wagered money up front, creating the possibility of debt to the bookie from the bettor. This creates a number of other criminal elements, thus furthering their illegality.
In Asian betting markets, other frequently used formats for expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Odds are also quite often expressed in terms of implied probability, which corresponds to the probability with which the event in question would need to occur for the bet to be a break-even proposition (on the average).
- Do or die for the home side. I think the home side is going to be forced to push the pace from the outset here as it looks to avoid the dreaded 0-2 hole. I had a play on the Spurs in Game 1 (I also have a play on the SIDE in this contest!), but for my FREE PLAY selection, I think the “over” is worthy of a second look in the FIRST HALF. Denver has been scuffling and it’s big break out season is going to be over pretty quickly if it doesn’t lay everything on the line from the “get go” in this one.
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Beginning with the 2003 NFL season, the banner was upgraded as part of a new graphics package. At first, the team abbreviations were replaced with team logos, and the scores were rendered in white within black parallelograms. Unlike the previous version, the FoxBox would alternate between a black rectangle and several black parallelograms; however, it reverted to being a black rectangle beginning with the 2004 NFL season, and the team logos would later be replaced with abbreviations in the respective teams' primary colors (the colorized team abbreviations would first be utilized on postseason baseball broadcasts that year). Whenever a team scores a point or a run, the team's score and logo would flash a few times.
Unlike Las Vegas, where you can physically visit a sportsbook at a casino resort, online gambling sites and sportsbooks are essentially virtual casinos that accept real money to wager on real sporting events. However, this does not mean an online sportsbook’s address is only located on the internet. Any reputable online book will have a physical address located on its website along with a toll-free telephone number you can use to call them and ask questions if needed. Some will even have an FAQ you can review to help you feel more comfortable about betting there.