This Online Sports Betting Resource Guide will equip you with all the essential information needed to begin your sports betting journey.
You can also use the knowledge gained here for friendly sports bets with friends or during a fun visit to a sportsbook located in a casino.
Once you’ve read this, you’ll be ready to place bets on various sports and gain insights to increase your chance of winning!
Sports betting is becoming increasingly popular. Now is the perfect time to dive in. With current technology and available resources, online sports betting has never been easier.
This guide provides insights on where to place your bets, how to place them, along with helpful tips and tricks.
NOTE: The images and screenshots in this article are courtesy of MyBookie, which is currently offering a 50% sign-up bonus of up to $1,000 for all new members!
Visit the MyBookie Registration Page
To get started, you’ll learn how to bet using Odds and Spreads. Additionally, you’ll discover what it means to wager on Point Totals. Below, the most popular sports to bet on are outlined, along with some betting tips for each one.
TROYPOINT TIP: If you’re a passionate sports fan eager not to miss out on any action, consider using IPTV Services or Sports Streaming Sites as your primary viewing method.
IPTV stands for Internet Protocol Television. It grants users access to thousands of live television channels from around the globe.
This includes a wide array of sports packages for baseball, football, basketball, hockey, MMA, and all PPV events.
Furthermore, IPTV Services are incredibly affordable. They usually cost less than $15 per month and can be set up on any streaming device, including the Amazon Fire TV Stick.
Sports Betting Guide – What are Betting Odds?
Odds represent the probability or chances that a particular team or player in a sporting event will win or lose.
Interestingly, odds are not limited to sports; they apply to many aspects of everyday life as well. For sports betting, everything begins with odds.
Understanding Betting Odds can be tricky due to the numbers, symbols, and other elements involved. So, let’s break down the basics:
Most online sports betting sites will present a Favorite and an Underdog. To find out which one is the favorite, examine the numbers assigned to each team or player along with the relevant sign, which will either be a + or –.
Refer to the image below for an example:
In this scenario, we have an NBA basketball matchup. The Charlotte Hornets are the Favorite, while the Minnesota Timberwolves are the Underdog.
This distinction arises because the Hornets have a negative number while the Timberwolves have a positive one. But what do these figures represent?
The number linked to the team or player is defined as the Odds.
This figure indicates how much money you can expect to earn if your team prevails. It’s essential to note that this figure is nearly always based on a $100 bet, although you aren’t obliged to wager that amount.
For instance, suppose we believe the Hornets will win the game. Therefore, we will choose the “Moneyline” number associated with them.
When we place our bet, we can select the amount we wish to wager and view the total we would receive IF our bet is successful:
Keep in mind that the Moneyline number associated with a Favorite indicates the amount one needs to bet to win $100. So, if the Hornets are favored with a number of -225, we would need to wager $225 to win $100:
However, that does not mean we need to bet $100 to participate. Most websites let you wager any amount you prefer. This choice will adjust your potential winnings:
(Usually, the minimum bet is $5)
For instance, placing a $10 Moneyline bet on the Charlotte Hornets would yield a total win of $4.44.
NOTE: You might wonder, “Why would I bet $10 to receive just $4.44?” It’s essential to remember that a winning bet includes both your initial stake and your profit. In this case, you’d put down $10 upfront, and if successful, you’d receive $14.44 back.
Now let’s explore the opposite option of betting the Moneyline on an Underdog.
If you believe an Underdog can “upset” a Favorite, you can take the Moneyline bet on them for a more significant potential win.
Let’s illustrate this. Suppose we think the Timberwolves will defeat the Hornets. We would click on the Moneyline bet as shown below:
Here, the positive number reflects what we would earn from a $100 bet on the Timberwolves Moneyline. In this case, it would be $185.
Remember, you don’t have to risk $100 for any bet.
For example, a $10 Moneyline bet on the Timberwolves would net you $18.50.
IMPORTANT REMINDER: Whenever using an online gambling platform like MyBookie for bets, remember that your initial wager is added to your earnings if successful. Thus, in the image above, you’d receive $18.50 plus your original $10 stake, totaling $28.50.
Overview – Odds
Money line betting can be an exciting way to win significant cash. However, it does come with risks. When betting on a favorite, returns are sometimes not worth the cost.
The same applies to Underdog bets. Although the payouts can be appealingly high, winning these bets is generally a challenge.
Some sports like hockey and baseball primarily use the Moneyline. They often also present a “run-line” or “puck-line” as additional betting options. Below, you’ll find a detailed explanation.
In more mainstream sports like football and basketball, most betting platforms utilize a Point Spread or Spread to balance the odds.
Betting the Spread
The most common type of sports betting revolves around the Point Spread. The Spread indicates the expected number of points or runs by which the Favorite is anticipated to win.
This is the predicted score difference between the Favorite and the Underdog. See the example provided below.
In this scenario, the Philadelphia 76ers are the Favorites against the Orlando Magic (indicated by the negative (-) sign). The 76ers are expected to be 2.5 points superior to the Magic.
Often, the Spread will feature half numbers like illustrated above. This helps eliminate the chance of a Push, which is akin to a tie in gambling.
A push happens when a team hits the exact expected score in the spread. For instance, consider the Oklahoma City Thunder, who are predicted to win by precisely six points.
Let’s say you decide to bet on the Thunder. You hope they will win by at least 6 points. If they win by more than that, your bet is seen as a Cover, and you come out on top! However, if they win by fewer than six points, or worse, if the Grizzlies win, you end up losing.
If the Thunder wins by exactly 6 points, that results in a Push. In this case, it’s a wash. You’ll get your money back, and neither you nor the sportsbook comes out ahead.
To grasp how to bet the Spread, let’s look at a straightforward example.
Suppose I believe the 76ers will outperform the Magic by at least 2.5 points. This suggests they should win by a minimum of 3 points. Therefore, I choose the -2.5 spread option for the 76ers.
Spread bets generally act as 50/50 propositions. This indicates you have a 50% chance of winning, and a 50% chance of losing.
When placing a spread bet, whether on the favorite or the underdog, your gamble amount usually aligns with a -110 Moneyline. This means that for such a bet, you would need to wager $110 to earn $100.
It’s essential to note that you’re not obligated to bet this specific amount. You can choose any amount that suits you.
The image above illustrates a $10 bet on the 76ers covering a 2.5-point spread, resulting in a payout of $9.09.
If you believe the Orlando Magic will either win or lose by 2 points or fewer, you would select them as 2.5 point Underdogs and place your bet accordingly.
Spread Betting – Important Things to Consider
Before you place your wager on the spread, take note of several key factors.
Various considerations can influence the Spread of a game. These include home-field advantage, team momentum, injuries, and other elements.
While most games offer a Point Spread, certain match-ups may be too tight to allow for one.
If this happens, it’s termed a Pick Em. You would just select the team you believe will win.
In the above image, you can see an example of a Pick Em bet, represented by the PK. This scenario pertains to a college basketball game where players can place bets on the first half. (Indeed, there are bets available for nearly everything!)
If you think Purdue will surpass Tennessee’s score in the first half, you simply select Purdue, and that’s that! There’s no Point Spread in play.
It’s important to recognize that even in a Pick Em bet, there remains a “favorite” as denoted by the Moneyline. For this reason, if you Pick Tennessee (-115), your payout will be lesser compared to choosing Purdue (-105).
Betting Totals
Another widely popular betting method is wagering on the Total, or Points Total.
This total describes the expected score combined from both teams.
Unlike wagering on the moneyline or point spread, betting on the total focuses on the overall number of points, runs, or scores in a particular game, rather than on the outcome of a team.
Let’s re-examine the previous NBA Basketball example. This time around, though, we’ll concentrate on the Total.
When I select the option presented above, I’m betting that the combined score of both the Orlando Magic and Philadelphia 76ers will exceed 219 points.
This often involves some calculations. When divided by two, it indicates that each team must score at least 110 points to Cover the Point Total.
However, it’s important to note that both teams aren’t required to reach exactly 110 points. Their combined total simply needs to be higher than the provided figure. For instance, if the final score is 124-108, the total comes to 232, which exceeds 219.
NOTE: Often, people referto the term Point Total as the Over/Under of a game or match.
Point Total Bets commonly use the term Over/Under to outline your selection options. If you believe the total score will exceed the specified number, you should bet on the Over. Conversely, if you anticipate the total will fall below the given number, your wager should be on the Under.
Similar to betting on the point spread, point totals often consist of moneyline bets at -110, producing comparable payouts. This represents another example of a 50/50 bet.
The illustration above displays a $10 Point Spread bet on the Over for the 76ers vs. Magic game, which would yield a payout of $9.09 if successful.
On the other hand, wagers can also be placed on the Under of a game, resulting in the same payout if that bet wins.
Point Total Betting Overview
Many gamblers prefer Point Total wagers over other types for several reasons.
The primary reason is team bias. When you place a Moneyline or Point Spread bet, you’re essentially choosing a team to win or lose, or expecting a team to win/lose by a certain margin.
Often, bettors have favorite teams or leagues they want to see win, or rivals they wish would lose.
In this scenario, betting on the Point Total allows you to root only for the teams to score either above or below the specified total, rather than focusing on who wins or loses.
This means Point Totals provide a great way to engage in a game without the stress of outcomes.
Parlays
If you are interested in a higher-risk bet that offers significant payouts, Parlays are a great option.
A Parlay bet comprises multiple individual bets combined into one. This means you can merge however many bets you wish into a single wager for a potentially larger payout than that of individual bets.
For a Parlay to win, the bettor must get ALL individual bets correct. Achieving this is often challenging but offers the highest payouts when successful.
Here’s an example of a multi-sport parlay bet:
In this scenario, I have chosen to parlay the Celtics (NBA) -5 Point Spread, the Rockets & Bucks (NBA) Point Total Under, and the Blue Jackets (NHL) Moneyline -150.
If all of these bets are successful, a $100 wager could yield over $500. However, for this payout, all 3 bets must be winners.
Often, users will choose their individual bets and add a parlay as a safety measure, in case all selections come through. See below:
Parlay Extras
An important detail to remember when placing a parlay is that you can mix and match almost any type of wager. This includes various sports, days, bet types, and much more.
NOTE: If you place a Parlay bet and one or more wagers Push, the parlay bet will lose that selection, but the others remain. The pushed bet gets removed from the parlay, leaving the rest to make up the new wager.
This scenario also applies if a game or match is canceled or postponed, such as in the case of a weather-related cancellation.
Betting on Various Sports
While the general framework of sports betting is quite similar across the board, each sport has its own unique features and options that differentiate them. Below, we will explore some of the most popular sports to bet on, along with the various betting options available for each.
Football
The most popular sport in America is also the most heavily bet upon: Football.
During the Superbowl, hundreds of millions of dollars are wagered on a single game. This includes bets on everything from the coin flip to the duration of the national anthem, among other fun options. (And of course, the game itself)
However, the Superbowl isn’t the only instance when bettors are placing wagers on football. NFL and NCAA Football offer numerous opportunities to bet throughout the entire season.
Betting on football games is straightforward and generally mimics the betting format of Basketball.
Both sports typically offer Moneyline and Point Spread options along with the Point Total.
The image above illustrates an NFL game where the Atlanta Falcons were 7-point favorites against the Chicago Bears, with an Over/Under set at 49.
Of course, other betting options like Prop bets and Futures bets exist, which are detailed further below. However, the majority of Football betting uses a similar setup to what is shown above.
As with all sports, when betting on football, it’s crucial to consider several factors. Key considerations include home field advantage, weather conditions, and injury reports,
and more.
For Reference: Home Teams are almost always listed below Away teams for any sport. In the image above, the Bears are recognized as the home team. Meanwhile, the Falcons are the visiting team.
CLICK HERE for Current NFL Betting Lines.
CLICK HERE for Current NCAAF Betting Lines.
Basketball
Basketball betting follows the same format as football betting. Generally, this includes Moneyline, Spread, and an Over/Under option for games.
March Madness serves as the gambler’s version of Christmas. This event attracts people from all over the world to Sportsbooks and betting sites eager to wager on the games. The NBA also offers fantastic betting opportunities during the playoffs and beyond.
Although March Madness generates the highest number of wagers for basketball, it’s not the only time to bet on it. NCAAB and NBA provide gambling options throughout the whole season to satisfy your betting desires.
Here is a basketball betting example:
This instance features an NCAAB March Madness game with Florida State facing Gonzaga.
In this matchup, Gonzaga is a -350 Moneyline favorite over Florida State. It has a 7-point spread and an Over/Under of 146.5.
When betting on basketball, consider several factors that apply to football or any other sport. These include rivalries, home-court advantage, and any other elements that could influence the game’s outcome.
CLICK HERE for Current NBA Betting Lines.
CLICK HERE for Current NCAAB Betting Lines.
Baseball
When it comes to sports betting on baseball, a few key differences are important to note.
Baseball typically does not feature a Spread for gamblers. Instead, it uses a “run-line” that is almost always set at 1.5. For example:
The primary reason baseball differs from other sports lies in the starting pitchers who are scheduled ahead of time.
Starting pitchers greatly influence the outcome of a baseball game. The stronger the starting pitcher, the better the chances that their team will win.
This is reflected in the Moneyline for baseball games. It serves as the main betting option in this sport. However, keep in mind that other factors affect the baseball Moneyline, similar to other sports.
In the example mentioned earlier, the Colorado Rockies are up against the Miami Marlins. German Marquez is the starting pitcher for the Rockies while the Miami Marlins have Trevor Richards on the mound.
As shown, the Rockies are Favorites with a Moneyline of -170 and an Over/Under of 7 Runs for the total. As previously mentioned, the Spread in baseball games is almost always set at 1.5. If you believe a team will win or lose by 2 runs, there’s an option to bet on the spread as well.
CLICK HERE for Current MLB Betting Lines.
Hockey
Much like baseball, hockey bets predominantly feature Moneyline odds and Point Total wagers. However, while baseball provides a run-line for Spread betting, hockey implements a “puck-line” that operates in a similar way.
Hockey’s puck-line is usually set at 1.5 goals, functioning similarly to any other Spread bet.
Here is an example of a typical hockey bet scenario:
The image above depicts a match between the St. Louis Blues and the New York Rangers.
In this matchup, the Blues are -210 favorites with the Point Total Over/Under set at 5.5.
Similar to baseball, there is also a puck-line (Spread) bet available at 1.5. You can choose this option if you predict that one of these teams will win or lose by 2 goals or more.
CLICK HERE for Current NHL Betting Lines.
Golf
Golf
offers a few different betting styles that differ from those mentioned above.
In golf, there typically isn’t a head-to-head match-up. Thus, betting on golf involves selecting who you believe will win the tournament.
This means that all (or most) players in the field are assigned Odds for winning the event. Bettors can place wagers on these options.
Here’s an example:
NOTE: ROT in the betting line represents Rotation Number, which is linked to every potential betting option.
This ROT will appear next to your selection when you place a wager.
Golf tournaments usually last 4 days. As the event progresses, Odds change accordingly.
You can make a selection before the tournament starts. This often results in higher odds and bigger payout opportunities. Alternatively, waiting until after the first, second, or third day could improve your chances of choosing a winner.
Since golf tournaments extend over several days, bettors can generally place wagers on any golfer throughout the tournament. With today’s online sports betting technology, Odds are nearly always updated in real-time.
This process is known as Live Betting, which is available for nearly every sport you can think of. Although Live Betting in golf differs from other sports, the basic concept remains the same. By logging into MyBookie, you’ll find Live Betting options that let you wager on events currently taking place.
Further explanations are provided below.
Another widely enjoyed betting option in golf is called 3-Ball. In 3-Ball bets, three competitors in a golf group compete against one another.
Here’s an example:
Displayed above are three options for a golf grouping in which you can place a 3-Ball bet. For these bets, you must choose the golfer you think will score best among the three.
For example, let’s assume we believe Jordan Spieth will have a better score today than his playing partners, Billy Horschel and Jhonattan Vegas. We would select Jordan Spieth and place a wager on a moneyline with +160 Odds:
If this occurs, we would earn a total of $16, plus our initial $10 bet. The total would then be $26.
NOTE: 3-Ball selections apply only for the day of play you are betting on. If you choose someone for best score in their group on Thursday, the bet is valid solely for that day.
3 Ball bets are unrelated to the tournament’s overall outcome. Selecting a player for a 3-Ball bet does not imply that you believe that player will win the entire golf tournament.
CLICK HERE for Current Golf Betting Lines
UFC/MMA
If you enjoy MMA and want to put your gambling skills to the test, you’re in luck. UFC and other MMA events provide gambling lines for all their fights that users can wager on.
Fighting generally follows a similar format to hockey and baseball, offering a moneyline bet to choose a winner. Most websites and sportsbooks also provide a Total Spread, which usually indicates an Over/Under on how many rounds the fight will last.
Here’s an example of the Odds for an upcoming UFC fight:
As shown, each fighter has Moneyline odds to emerge victorious. If the fight ends in a No Contest, the bet will be categorized as a push, and your money will be returned.
Other forms of wagering are also available for MMA, albeit used less frequently. One popular option is Method of Victory, allowing bettors to predict how a fight will conclude for the winning fighter.
Typically, the choices consist of: Win by Submission, Win by Knockout, Win by Technical Knockout, and Win by Decision.
Betting on UFC and MMA matches enhances the excitement of an already thrilling event!
CLICK HERE for Current MMA Betting Lines
Teasers
Another popular type of betting is known as a “Teaser” bet. This is a different form of a Parlay.
Teasers function in a way that is similar to Parlays. The wager must include two or more bets, but they differ in terms of Spread, Point Totals, and payout.
With Teasers, bettors have the ability to adjust the “line” of a game. This includes the Point Spread and Total. If you favor a particular team but doubt they will cover the spread provided, you can place a Teaser bet to modify the game’s spread.
Here is an example:
In this case, I’ve chosen Michigan State -6, Virginia Tech +7, and Kentucky vs. Houston Under of 133.5.
When starting a Teaser Bet, you will select the number of points you wish to “tease” or change. This adjustment will impact the lines of each of your bets.
This is a 4 Point Teaser, meaning all bets within the Teaser receive 4 additional points. Therefore, your adjusted lines are as follows: Michigan State -2, Virginia Tech +11, and Kentucky vs. Houston Under of 137.5.
Teaser bets operate just like a Parlay. All wagers within the bet must succeed to earn your payout.
It’s crucial to note that Teaser bets will also adjust your Odds. By adding points to your bets, the odds change, which results in a smaller payout than a Parlay, if successful.
Most online sports betting platforms present multiple Teaser options. Typically, these options include various point adjustments. You may often find 4, 4.5, 5, and 7 Point options, which will also alter your Odds.
While Teasers offer another opportunity to win big, understand that these payouts may be less significant compared to a straight Parlay bet.
In summary, betting Teasers can be a complex form of gambling. However, when executed correctly, they can yield considerable rewards.
Futures Bets
The most popular betting form usually revolves around matchups happening soon. But online gambling sites and sportsbooks also provide what are known as “Futures.”
Futures or Futures bets are wagers placed well before the start of a season or tournament. These bets typically allow you to pick teams, players, and more that you believe will win their league, conference, championship, etc.
Futures bets are available for nearly everything, including Politics and Reality TV. However, the most sought-after futures bets are in the realm of sports.
For example, let’s assume we are currently in the NFL off-season. Although there are no game lines or spreads available, we can still wager on who might win their division, the Super Bowl, and more.
Here are some options that are available for the NFL:
This provides us with Odds for various outcomes. This includes winning the AFC Championship, NFC Championship, Division in the AFC, Chances to Make the Playoffs, Number of Wins, MVP Odds, and more.
Futures bets are available across nearly every sport in some format. Regardless of whether the season has commenced, futures are typically accessible.
Often, futures yield some of the largest wins for bettors due to the high odds they present.
While various types exist, the most prevalent futures bets are probably related to the chances of winning a league championship or tournament.
Now let’s examine the Odds for winning the Super Bowl:
As demonstrated, each NFL team is assigned Odds to win the Super Bowl. However, it’s worth noting that these odds are continually fluctuating. Player acquisitions, coach changes, injuries, and other factors contribute to these ongoing adjustments.
Many sportsbooks have a cutoff date for submitting your wagers. This helps limit the factors that can sway the odds for a team or player, maintaining fairness.
Futures bets tend to offer larger payouts since the chances of winning are significantly lower than in a direct match-up.
As an illustration, here’s a Futures Bet regarding the Super Bowl:
In this case, a $10 bet on the Dallas Cowboys to win the Super Bowl would yield a $200 payout.
Total futures bets are available to bettors in a variety of ways. While the payouts for future bets tend to be higher, your chances of winning are usually quite slim.
Props Bets
While most people enjoy betting on the actual sports game or match, others find excitement in wagering on specific events within the game. These bets are known as Prop Bets and are featured by nearly all online betting sites and sportsbooks.
Prop Bets come in various forms and often focus on in-game options such as First Half Totals, First Quarter Totals, Player Points, among others.
Instead of betting on the game’s outcome like you would with a standard Moneyline wager, Prop Bets allow you to select outcomes that affect the game overall.
For example, let’s consider some possible Prop Bets in a hockey game.
The bets referenced above focus on Props in the Boston Bruins vs. Columbus Blue Jackets NHL game. Some options include who will win the face-off, who will score first, whether or not there will be a score in the first 10 minutes, and if the game will go to overtime.
This example highlights just one kind of Prop Bets available for any given game. They can vary from game to game and sport to sport, but they typically feature similar items as those noted above.
Now, let’s look at another instance of Prop Bets available for a baseball game:
This option allows you to bet on the 1st team to score, whether or not a run will be scored in the first inning, 1st Inning Over/Under runs, Over/Under for Hits, Runs, and Errors in the first inning, as well as Over/Under for Hits, Runs, and Errors in the entire game.
As you can see, Prop Bets offer unique and fun options that you don’t typically encounter.
The most popular Prop Bets often take place during the Super Bowl, where bettors can wager on items such as the national anthem length, coin flip, wardrobe choices, and much more.
Prop betting can be entertaining for everyone, including those who may not enjoy sports, as it offers additional opportunities to gamble beyond the outcome of the game.
Live Betting
While all the betting forms mentioned earlier take place before a game starts, Live Betting happens while the game is in progress.
With real-time updates on scores and information, MyBookie enables members to wager on games that are already underway.
Once a game kicks off, factors like the line, odds, and point totals will begin to change based on the game’s events. This can be a tricky form of gambling, as betting in real-time allows things to happen very quickly.
Live Betting usually involves point spreads adjusting according to how the game is played. It is most commonly seen in basketball and football games because the scores are always changing:
Here’s an example of live betting during a golf tournament:
Although the screenshot above doesn’t depict it, these odds are constantly fluctuating due to each player’s adjusted score.
Live Betting is rapidly becoming a mainstream betting option in today’s world. With technology allowing us to wager at our fingertips, it’s a quick and easy way to try and make a few extra bucks!
ONLINE SPORTS BETTING SHOULD BE TREATED AS A FORM OF ENTERTAINMENT. LARGE CASINOS EXIST BECAUSE MOST PEOPLE LOSE. DO NOT BET ABOVE YOUR MEANS.
What’s the Best Online Sports Betting Site?
Now that you know how to bet online, you’re likely wondering, “Where do I place my bets?”
In today’s technological and innovative world, there are plenty of options for online sports betting.
These websites provide just about everything imaginable for sports wagering, including bonuses and special contests to enhance your experience.
When choosing a sports betting website, consider several factors before signing up:
- Deposit/Welcome Bonus
- Payout Process
- Promotions and Rewards
- Contests and other Betting Options
- Security
- Mobile Platform
- Support
Many individuals focus on the initial deposit bonus when selecting a gambling website. Often, these sites will match your first deposit up to a certain amount. This is a fantastic way to gain extra cash and improve your chances of winning!
Nonetheless, this isn’t the only aspect to consider when picking a betting site. All these factors and more should be considered for a well-rounded decision.
An essential feature to examine is the website’s payment process, as some may not accept credit cards and only work with Bitcoin. TROYPOINT recommends…
Using Coinbase for online sports betting is a great option if your credit card isn’t accepted.
With Coinbase, users can easily buy Bitcoin and other popular cryptocurrencies. It works incredibly well with MyBookie.
Additionally, Bitcoin can be utilized for payments with various IPTV providers.
Another crucial aspect to consider is the payout method a website employs. Fast payouts in the correct currency are essential. Typically, betting websites offer several ways to withdraw your cash, including:
– Money Transfers
– Bitcoin
– Wire Transfers
– Mailed Check
– Prepaid Card
MyBookie is the most trusted website for online sports betting. It offers a wide range of betting options across all sports, along with Casino, Racing, and Contest possibilities.
When you sign up for a MyBookie account, you’ll automatically receive a 50% bonus up to $1000 on your initial deposit. For instance, if you deposit $2,000, MyBookie will give you an additional $1,000, bringing your total to $3,000!
How To Register for a MyBookie Account
Follow the steps below to sign up for a MyBookie account.
1. Visit MyBookie and click on 50% Sports Sign-Up.
2. Click “Join Now”.
3. Enter your personal, contact, and account information.
4. Click “Continue” and verify your phone number.
5. Select your method of payment.
That’s it!
For those using a credit or debit card, please be aware that you might face issues. Since this website is located offshore, banks and credit card companies do not always permit deposits.
For seamless deposits and withdrawals, TROYPOINT suggests using Coinbase as your payment method. Coinbase offers various cryptocurrency options, including Bitcoin Cash, Litecoin, and Bitcoin.
Furthermore, Coinbase ensures the security of its storage through safe, offline servers. They also provide members with a valuable insurance policy.
CLICK HERE to set up a Coinbase account and buy Bitcoin. If you’re new to cryptocurrency and Bitcoin, you can learn more through the link below:
Click Here to learn How To Use Bitcoin
Once your payment has been successfully added, you’re all set to start!
Is Online Sports Betting Legal in the U.S.?
There is currently no federal law prohibiting gaming online. At the federal level, online gambling is legal as there is no specific law against it.
However, you might encounter issues with state law, although such prosecutions are quite rare and penalties are generally minimal.
Since the federal ban on sports betting was lifted in 2018, many opportunities for sports wagering have emerged.
Many governments across the nation are now considering the establishment of Sports Books in their respective states.
As of now, there are eight states that have legalized sports gambling. These
are:
- Delaware
- Mississippi
- Nevada
- New Jersey
- New Mexico
- Pennsylvania
- Rhode Island
- West Virginia
- Indiana
- Iowa
- Illinois
- Montana
- Arkansas
- New York
- Oregon
- New Hampshire
- Michigan
- Colorado
- Tennessee
- Virginia
- North Carolina
- Wyoming
- Washington
- Arizona
- Connecticut
- North Dakota
The laws in these states can vary significantly. Alongside this, the opportunities for sports gambling differ too.
For example, in New Jersey, bettors enjoy a variety of legal options. They can utilize physical Sports Books, websites, and apps. In contrast, Rhode Island has only two Sports Books available, with no online gambling options at the moment.
Violating online sports betting laws in most states is typically viewed as a misdemeanor. After thorough research, only two instances of player convictions for state law breaches could be found. In North Dakota, Jeffrey Trauman paid a fine of $500 on a $100,000 sports gambling win back in 2003. Additionally, Roland Benavides in Oklahoma was charged and given a deferred sentence.
In today’s digital age, countless individuals place online sports bets. This happens regardless of the varying state laws. Enforcement of these laws poses significant challenges.
A key reason for the growing popularity of legal sports betting is the structured processes and regulations these websites must adhere to. In the past, placing a bet often involved using a bookie.
This method frequently meant that payment was not required upfront. Such scenarios led to substantial debts and illegal conduct. However, with online betting platforms like MyBookie, funds must be exchanged before a game begins. This approach helps to mitigate negative consequences.
As more states explore the possibility of legal sports betting, the appeal of online betting sites will undoubtedly rise.
Don’t miss out on the excitement. Get started today with online sports betting!
Online Sports Betting FAQ
Is Online Sports Betting Legal?
Yes, online sports betting is fully legal in numerous states across the United States. Nonetheless, there are still some states where sports betting remains illegal.
What Sports Can You Bet Online?
Nearly every sport imaginable can be bet on online. This includes football, basketball, MMA, baseball, soccer, and more.
What is the Best Online Sports Betting Site?
There are several online sports betting sites to choose from. However, TROYPOINT endorses MyBookie for various reasons discussed in this guide.
Is Online Sports Betting Safe?
Absolutely, online sports betting is completely safe when using reliable and verified platforms like MyBookie, DraftKings, FanDuel, and others.