Sports Betting – What You Need to Know About Official Betting

About Official Betting

Sports betting is a legal gambling activity that allows gamblers to place wagers on professional, college, and high school athletic events. It is regulated by the state where the event takes place. States are free to determine their own rules and regulations, and are able to exclude certain sports from the market or offer limited markets to specific groups of players.

Major League Baseball

MLB is one of the world’s largest sports leagues and is based in the United States. The league is divided into three divisions and the season runs from September to May. In addition to the regular season, MLB plays a playoff round each year.

The Kentucky Derby

Every year, the Kentucky Derby attracts thousands of sports bettors from around the country to watch and bet on Thoroughbred horse racing. Several types of bets can be placed on the Kentucky Derby, including parlays and show bets.


The National Football League is the most popular sport in the United States, and most of its games take place on Sundays. As a result, Sundays are the most lucrative day to bet on NFL games.

NCAA Basketball

The NCAA is a national men’s basketball league that has an annual tournament in March and April. The tournament is held in several different cities across the country, and is a favorite of betting fans everywhere.

Major League Baseball

The Chicago White Sox and Cincinnati Reds were involved in one of the most notorious sports betting scandals in history in 1919, when Joseph Sullivan paid eight members of the White Sox (Oscar Felsch, Arnold Gandil, Shoeless Joe Jackson, Fred McMullin, Charles Risberg, George Weaver, and Claude Williams) around 10,000 dollars each to fix the World Series. They would later be banned from professional baseball for the rest of their lives.