The Basics of Sports Betting at a Sportsbook

sports betting

Whether you’re a seasoned gambler or a casual fan of a specific sport, you can bet on it online. However, first-time bettors should check to ensure that they are legally allowed to place a bet in their jurisdiction. You may also want to verify that the sportsbook has a good reputation.

There are a number of different types of bets available for each sport. Each bet is settled based on an official statistic of the game, including goals, points, and the final score. Those bets are settled on a regular time of either 60 or 70 minutes of play, and are not settled during extra time or penalties.

A “money line” bet is a bet on the outcome of two paired competitors. It is refunded at odds of 1.00 if the two players do not finish. You can also combine several different selections of games in a “mix parlay” bet. However, if the outcome of the bet is influenced by another, such as a result in a match that was abandoned, it is not permitted.

For sports that have “Mercy Rule,” the bet will be settled on the final score at the time of the match. The bet will be refunded if the match is abandoned before the penalty is awarded.

Non-starters are players or teams that don’t start the match. In these cases, all bets are void. Listed teams and players may also be excluded from the final squad.