The Best Sports Betting Sites

Published on 11/18 at 3:47 AM
Lines.com

With the widespread legalization of sports betting, more options are available than ever before. While this is good news for the sports betting scene, its legal marketplace might feel a bit overwhelming to newcomers.

Admittedly, there are a ton of betting options from different sports betting sites. But if you’re unfamiliar with sports betting and this is all new ground to you, it’s understandable if you don’t know where to start.

To help get you familiar with the various betting companies, we decided to compile a list of the best betting sites on the internet.. Depending on what you’re looking for in your sports betting experience, you may find one site better suited to your needs than others.

But one thing is certain: These sports betting sites will provide you with an accessible, user-friendly experience while making betting easy to learn and understand.

Table of Contents

Are Online Sportsbooks Legal

It all comes down to where you live. In some states, sports betting is legal, but in other states, it is not. We encourage you to continue reading to learn in which states sports betting is legal, as we will discuss this information and more throughout this guide.

How to Choose the Best Online Sportsbook Site in 2022

As you explore sports betting and sportsbooks, you’re likely to come across a wide variety of options. To someone just starting out, this can be an overwhelming task. What it ultimately boils down to is preference, but you first have to know what you’re looking for.

As such, it’s a good idea to make a list of the features you want most from your sportsbook and go from there. Some of the most common “wish list” items that users want are a nice selection of promotions and a good, user-friendly platform.

Don’t worry; we’ll help you find those, too. Later in this guide, we cover the betting companies that excel in these areas and more. You also want a sportsbook that gives you your money’s worth. These sportsbooks typically have an excellent balance of features, both large and small.

What’s more, it helps if you ask specific questions when seeking the most suitable sportsbook for your needs. Consider the following questions and the explanations we’ve provided with them.

How early are lines released?

Of course, this practice results in delayed lines for many sportsbooks. As such, you want to go with a leader that releases its own lines just as the current string winds down. Moreover, an operator that’s consistently ahead of the curve will release daily odds on the day of the event or even the night before.

What promotions and bonuses do you offer?

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As you probably know by now, the marketplace for online betting sites is a crowded one. As such, sportsbooks offer unique promotions and bonuses in an attempt to attract new customers. Some sportsbooks might have ongoing promos that keep bettors on board, while others might offer a one-time bonus for new sign-ups.

It pays to compare promotions and bonuses when looking for a sportsbook. In doing so, you can be sure to get your money’s worth.

What about loyalty programs?

You’re going to be using a sportsbook anyway, so you might as well go with one that offers additional bonuses through a loyalty program if possible. Consider a sportsbook like BetRivers, for example. This one has a tier-based loyalty program that offers ongoing rewards.

Sportsbooks that offer loyalty programs still have a long way to go before they hope to come close to what casinos offer, it’s still nice to see they’re trying, and they get better all the time.

How do we rate and review sportsbooks?

At Lines, we only associate with regulator-approved sportsbooks, who carry an appropriate licence to offer sports betting services in their chosen jurisdictions. This means that an independent authority has checked the integrity of the application’s systems and financial processes, and deemed that the platform is safe for consumer use. Furthermore, we ensure that only citizens residing in states which have introduced a legalised sportsbook sector are able to use the Lines platform to coordinate their betting activity. Therefore, you can always feel rest assured that any bets you place are being processed through authorized channels.

Ultimately, these security measures are in place to protect players, mitigating the risk of fraud, money laundering, illicit operator practices, and data breaches. As a consequence, you should always feel comfortable and confident when using the Lines app, as all necessary precautions have been taken in order to create a safe betting environment.

When reviewing sports betting applications, we take note of a number of their features. This includes, but is not limited to

  1. Potential earnings that can be accrued from its welcome bonus, and ongoing frequency and quality of promotional incentives. This requires an analysis of any terms & conditions relating to a promotion, as these can often serve to undermine the level of potential profit that can be generated from the deal.
  2. Competitiveness of its markets. Are odds positioned fairly (reflective of the likelihood of outcomes)? Do these compare favorably with other sportsbooks? The strongest sports betting sites always ensure odds are ‘live’, constantly adjusting to keep pace with wagering activity, and taking into account any important developments which may occur prior to a match/competition commencing (or during an event for certain bet types). These could include player injuries, changes in weather, team line-ups, etc.
  3. Betting types. It’s important that sportsbooks are able to accommodate a number of different types of bets, as this enables the customer to have more autonomy over how they construct their wager, and gives them a better choice of betting markets to consider.
  4. Payment methods. The best sportsbooks accommodate a number of ways in which customers can deposit funds into their betting accounts. This clearly provides a level of flexibility, allowing customers to select their payment method dependent on current circumstances/personal preference.

We’ve analyzed the market with these considerations in mind, and cherry-picked the sportsbooks that we believe to deliver on our demanding criteria linked to the aspects referenced above. Therefore, you can enjoy all of the U.S.’ best-equipped sports betting platforms in one, easily-navigable application!

Top Sports Betting Sites

top sites

It’s safe to say that sports betting is still rather new to the world. There’s certainly nothing wrong with that, as everything has to start somewhere. But it’s clear that some do it better than others, and that’s precisely what we want to highlight here.

The following are our top picks for the top sports betting sites. You will discover which ones rank the highest and why. With this data, you should find it much easier to choose the most suitable betting site based on your needs.

1. DraftKings – Best Overall

DraftKings Logo

DraftKings was founded back in 2012 and started out as a head-to-head competition baseball product. Since then, it’s grown into a megastar in the sports betting world. After sports betting was legalized in 2018, DraftKings created its own sportsbook, and the rest is history.

As the first legal online and mobile sports betting company, DraftKings has had plenty of time to hone its craft. Today, the DraftKings app is sleek, streamlined, and intuitive, offering both beginners and experienced bettors a user-friendly interface from top to bottom.

What’s more, DraftKings’ lines and odds are consistently competitive, enticing bettors to stick around. Whatever your betting preferences are, DraftKings offers them, as there are thousands of betting options. At present, you can receive as much as $1,000 in bonus site credits to use on DraftKings on sign-up.

The company also makes it a breeze to withdraw your winnings. It’s fast, simple, and a must-have feature for sports betting in 2022 and beyond.

2. FanDuel – Best for Promos

FanDuel Logo

If you’re looking for betting sites that are easy to navigate and a great fit for beginners, you should definitely add FanDuel to your list. The app is incredibly rich, and it’s clear that a lot of effort went into crafting a streamlined experience for users.

What attracts most beginners to FanDuel is its promos. You can always find a new promo being offered, and this helps keep bettors coming back for more. Currently, FanDuel is offering up to $1,000 in site credits if you don’t win your first bet.

It’s worth noting that at one time, DraftKings and FanDuel intended to merge into one company. That should give you an indication of how well received FanDuel is among the sports betting community. Clearly, though, the deal didn’t go through, as it was blocked by the FTC over fears of creating a monopoly.

There is certainly truth there, as a merger would have given “DraftDuel” 90% of the Daily Fantasy Sports (DFS) market. Today, FanDuel stands tall as its own sports betting entity.

3. BetRivers

BetRivers Logo

Although BetRivers isn’t in the same league as DraftKings or FanDuel, it is quickly rising to the top of the sports betting world. Where BetRivers shines is in its ability to garner repeat business, and that is largely thanks to the incredible loyalty programs offered to bettors.

For example, BetRivers users have the option to sign up for iRush Rewards. Here, you earn points every time you place a bet. These points continue to accumulate, placing you in various tiers as you build up more and more points.

With your points, you can redeem them to gain a variety of perks, such as free bets. This is only a small part of what makes BetRivers the preferred sportsbook for many bettors. You’ll find plenty of ongoing promotions offered, too. Factor in the solid platform for users to navigate, and you’re looking at one of the rising stars in sports betting.

4. BetMGM

BetMGM Logo

BetMGM is part of some of the biggest names in gambling. If you’re not familiar with BetMGM, you’ve probably heard of its parent company, MGM Resorts (formerly MGM Grand). The casino dynamo might have its roots in traditional gambling, but don’t let that deter you from looking into BetMGM.

To date, this sports betting site has steadily held its own against top-tier competition like DraftKings. Lines and odds are continually on par with leading sportsbooks, and BetMGM isn’t afraid to offer promotions and bonuses to its clients, such as winning up to $1,000 in bonus credits.

Whether you’re into mainstream sports or niche sports, BetMGM has something for everyone. The only potential downside is the online navigation; it can take some getting used and therefore might turn off newcomers.

But once you get the hang of things, you will find yourself betting with the rest of them. If you’re into odds boosts in your sportsbooks, you’re going to love BetMGM.

5. Barstool

Barstool Logo

If you’re a fan of sports, there’s a good chance you’re already familiar with Barstool. The website is a notable sports content giant. But with the addition of the Barstool Sportsbook, the media empire is now one of the premier places for sports betting.

But what really makes Barstool stand out from the crowd is its promotions. Rather than following the usual trend, Barstool strives to offer unique and compelling promos to keep bettors coming back while attracting new members.

You’ll find a ton of giveaways, merch, chances to win big cash prizes, and more. Add in plenty of betting options, and it’s clear that Barstool’s system is working to make it one of the hottest breakout sports betting sites.

6. Caesars Sports

Caesars Logo

Anyone who’s into gambling knows the Caesars name. It makes sense, then, that the gambling giant would eventually try its hand at sports betting. Since doing so, Caesars has been successful in its foray, offering rewards for members who use its services.

As you play and place bets, you can earn points via Caesars Rewards. In turn, you can get all kinds of goodies. The website’s design allows for easy navigation throughout, ensuring that even beginners will have no trouble finding their way around.

Caesars Sports is definitely one to keep an eye on, as it continues to garner a sizable fan base thanks to stellar customer service and support, promos, and a sleek user interface.

7. FOX Bet Sportsbook

FOX Bet Logo

If you’re an avid FOX Sports fan, it’s a safe bet that you’ve already heard about FOX Bet Sportsbook. One of this sports betting site’s draws is that it offers competitive bonuses for new players. They will place your first bet risk-free, up to a maximum of $500.

This means that if your bet does not win, you will get a full refund in the form of website credits. What’s more, FOX Bet Sportsbook gives its players access to a loyalty-based program that uses The Stars Group’s established reward system.

Through Stars Rewards, customers can earn points by placing bets on sports betting. Betting more frequently and betting more important amounts can provide players with more points, which helps unlock treasure chests.

Factor in a fantastic user interface that’s perfect for beginners and seasoned veterans, and you’re looking at one of the most well-rounded sportsbooks available today.

8. PointsBet Sportsbook

PointsBet Logo

Proudly hailing from Australia, PointsBet caters to bettors who strictly enjoy sports betting. Users can look forward to stellar points betting options and a ton of appealing promotions. And while PointsBet is an Australian company, it uses a unique method to conduct American sports betting.

The content provided by this betting site is completely different from what has been previously seen in the States, so newcomers may need to spend some time with PointsBet before they are completely acclimated to its nuances.

It’s worth pointing out that PointsBet isn’t as widely available as established sports betting sites. But don’t let that stop you from checking it out. If it’s available in your market, PointsBet has plenty to offer and shouldn’t be overlooked. The sheer number of promotions alone is enough to keep most bettors coming back for more.

9. TwinSpires

TwinSpires Logo

Anyone into horse racing should be familiar with TwinSpires’ parent company, Churchill Downs, Inc. Due to that connection, TwinSpires is largely used as a horse betting site. However, it has branched into the sportsbook market, too, ensuring there is something for everyone.

Having launched all the way back in 2007, TwinSpires stands as one of the oldest betting sites. And because of its longevity in the horse betting market, TwinSpires has grown to become one of the single largest race books on the internet.

Since its inception, TwinSpires established operations for mobile sports betting, online horse race betting, and even an online casino. It’s clear that TwinSpires strives to offer something in every niche. And it’s been successful in doing so.

TwinSpires offers competitive promotions, a well-rounded sportsbook experience, and a remarkable interface that is sure to attract bettors.

10. Unibet Sportsbook

Unibet Logo

Admittedly, Unibet is still relatively new compared to other online betting sites. However, it’s backed by respectable experience in the betting industry and has already made a name for itself in a variety of markets.

Granted, it’s not as popular as DraftKings or FanDuel. But Unibet is well on its way to becoming a household name. Thanks to a basic interface, beginners may actually prefer Unibet over the established heavyweights.

It should be noted that there aren’t a lot of features by comparison, but newcomers may find that more appealing. Without a bunch of options to confuse those still learning the ropes, beginners may just find Unibet to be the perfect introduction to sports betting.

That’s not to say veteran bettors won’t like Unibet. Its live betting feature is enough to keep users current on all the latest betting action.

Best sports to bet on in the U.S.

Our partner sportsbooks provide odds markets on a vast range of sports, so you can be sure you’ll be able to place bets on the events that interest you most. Indeed, your own wagering activity should be entirely dependent on personal preference; betting on a sport that you follow regularly and enjoy watching will enhance your gambling experience, and often afford you a greater chance of earning some money! In this way, there is no prescribed list of ‘the best sports to bet on. However, there are of course events that attract a stronger level of sportsbook coverage in the U.S., due to their traditional popularity amongst American audiences. Therefore, although it’s likely you’ll be able to wager on any sport you desire, the breadth of betting options will always be contingent on the anticipated interest surrounding an event - the more popular the sport, the higher the number of available markets.

The sports which typically draw the most player activity in the U.S, as a result, offer the most extensive number of betting options, are as follows: NFL, NBA, MLB, Soccer, Golf, Horse Racing, Combat Sports (UFC, other MMA variants, etc.)

Within each of these sports, bettors can access odds on a huge array of different markets and can place stakes not only before a match-up or competition commences, but also as an event is currently unfolding (referred to as ‘in-play’ betting). Clearly, the nature of bets will be highly specific on the sport it relates to, and dependent on the scope of the sportsbook’s coverage. For example, if you’re betting on the NBA, you may opt to stake on a particular franchise winning a match, or that the two teams’ combined points tally is higher than 150 in the same contest. Similarly, in the context of a soccer fixture, you could place a bet backing several teams to win their respective weekend fixtures, or that a particular tie will result in a draw.

All of the sportsbooks which are accessible via the Lines platform have a phenomenal choice of betting markets, and therefore it’s likely that whatever outcome you believe will occur, regardless of how niche or left-field this is, you’ll be able to locate a bet which accurately reflects your prediction.

Types of bets

As alluded to above, there are a vast array of different bet types available. However, a substantial volume of these can be compartmentalized under a limited set of key categories. In the U.S., these groups are identified as Money Line, Spread, Totals, and Parlays. In order for you to fully grasp the parameters of these wagering options, it’s imperative to first understand how sportsbooks use ‘odds’ to determine the likelihood of an outcome, and therefore the potential scale of winnings.

Odds

There are three main ways that sportsbooks typically express odds, with the method used usually depends on the geographical location of the sports betting firm. Nowadays, many online platforms enable players to toggle the odds format according to their own preference, as most individuals will find that a particular way of presenting odds is more conducive to them efficiently working out the value of a bet.

The three odds formats are as follows:

Fraction

As per the title, odds are expressed in fraction form, and illustrate to the player exactly how much can be won when placing a specific stake on an outcome. Here, the ‘bottom’’ number (i.e. the ‘denominator’, the number positioned underneath the fraction’s dividing line) represents a betting amount, and the ‘top’ number (i.e. the ‘numerator’, the number positioned above the fraction’s dividing line) shows the volume of winnings if the bet is successful. This odds format is most commonly found in the United Kingdom but is facilitated by many bookmakers throughout the world.

Example:
Brazil faces Croatia in a World Cup Soccer match. Croatia are the underdogs, and are priced accordingly at 5/1. As favorites, odds on Brazil emerging victorious are at 4/5. Therefore, if Croatia win, and a player has staked $5 on this outcome prior to the game they’ll receive $25 (plus their original stake of $5) as a result. Alternatively, had a $5 bet been correctly placed on Brazil defeating Croatia, the player’s return would be $4 (plus their original stake of $5).

This may seem relatively straightforward, but things often get a little more complicated when the fraction does not reflect the exact amount a player wants to bet. For example, had the individual wanted to bet $10 on a Brazilian victory, they would have had to do a calculation to determine their potential returns. In this scenario, they would time the value of the ‘denominator’ (5) to make this up to ten (the amount they intend to wager), and subsequently, apply the same sum to the ‘numerator’ (4). This would re-calibrate the fraction to 8/10, and therefore the player would know that by placing a successful $10 stake, they would receive $8 (plus their original stake) as winnings.

However, digital sportsbooks will automatically generate the projected winnings of any bet, which clearly makes the process of using fractional odds far more convenient. Nevertheless, in retail environments, the player must perform this calculation themselves. As a consequence, in this context, this odds format doesn’t particularly lend itself to those who are inexperienced bettors, or indeed those who find Maths quite challenging!

Decimal

Also referred to as ‘European’ odds given the region where this format is most prevalent, the ‘Decimal’ system hinges on using the base number of ‘1’ to illustrate the likelihood of an outcome occurring. The higher the number is above one, the slimmer the chance of the bet being successful, but therefore the greater the potential returns. Each number is expressed in two decimal places.

When placing a bet, individuals can calculate how much they could win by multiplying their stake by the number (odds) presented.

Example:
The Boston Celtics are taking on the New York Knicks in an Eastern Conference NBA tie. The Knicks are underdogs, positioned at odds of 6.50 to take the win. The Celtics are favorites and have been priced at 1.25 to defeat the Knicks. If the player correctly stakes $10 on a New York Knicks victory, their returns are $65 (plus their original stake of $10). Conversely, if the Celtics were successfully backed with a $10 wager, they would win $12.50 (plus their original stake of $10).

Given its ease of application, the Decimal or ‘European’ odds format is often heralded as the simplest methodology to use when placing bets, and is therefore highly popular amongst both novice and experienced players.

American

When using the services of a U.S.-based sportsbook, you’re unsurprisingly most likely to be presented with this type of odds format. American odds are relatively similar to the Decimal variant, in that they use a ‘base’ number (100) to reflect the value of potential winnings. However, the application of this number is completely different in this context. Furthermore, either a ‘+’ or ‘-’ is positioned as a prefix in front of all odds.
A ‘+’ is used to denote an outcome that isn’t likely to occur, whereas a ‘-’ is deployed to illustrate a more probable result.
For ‘+’ bets, the exact value given articulates the amount a player will win after placing a successful $100 wager. In the case of ‘-’ bets, this expresses how much money will need to be staked in order to receive $100 in return.

Example:
The Dallas Cowboys are taking on the Detroit Lions in the NFL’s NFC East Division. The Cowboys find themselves as favorites, and have been given odds of -175 for the win. Detroit Lions have been earmarked as serious underdogs for the fixture, with their chances of picking up a victory positioned at +400.

Here, if a player correctly predicts that the Cowboys will defeat the Lions, and backs this outcome with a $175 bet, they would win $100 (plus their original stake of $175). In the reverse scenario, a correctly placed $100 stake on a Lions victory would return $400 (plus the original stake of $100).

Given that this is the most frequently used odds format in the United States, it’s definitely worth ensuring that you completely understand the principles of betting using the ‘American’ method prior to engaging in any wagering activity. Clearly, this will help you to not only accurately calculate the potential profitability of your bet, but, when visiting a sports betting site, you’ll also be able to instantly grasp what outcomes the bookmaker deems most likely to occur.

As referenced, a substantial number of bet types can be appropriately organized under four general headings. We’ve reviewed these below, again offering examples of how each can be applied in a sporting context.

Moneyline

This is the most straightforward betting option available. A ‘Money Line’ bet is used to place a stake in the overall outcome of a particular sporting fixture. Given the nature of most popular American sports, this will involve placing a wager on either a win or loss. However, in sports such as Soccer and Rugby, players will have the ability to stake on the draw.

The example used in the ‘American’ section of the odds format descriptions is a standard ‘Money Line’ bet.

Spread

Spreading markets is a technique used by bookmakers to ‘even out the odds attached to a specific event. Prior to the match, the sportsbook will either fictitiously award points/goals to the underdog, or likewise subtract points/goals from the favorites, dependent on the adjudged gap in quality between the two teams. The idea here is that the additions/deductions cancel out the advantage/disadvantage one opponent has in relation to the other, and therefore create the opportunity for a more even ‘scoreline’. For this reason, this type of wager is often referred to as a ‘Handicap’ bet.

As a consequence, odds markets can then be re-calibrated to reflect the fact that the chances of either side ‘winning’ are now equal - at least in a betting sense!

Example:
In the MLS’ Western Conference, the Colorado Rapids are up against Minnesota United. The bookies believe that Minnesota United are the clear favorite in this fixture, and originally place their odds to win at -150. Colorado Rapids are the unfancied side and are allocated odds of +350 to secure the victory. The sportsbook spreads the market and offers bettors the opportunity to back either team at the same odds.

Minnesota United is given a handicap of -1.5. Here, any player who has wagered on a United win would require the Rapids to be beaten by at least two clear goals in order for their bet to be successful, as Minnesota effectively enters the game already ‘1.5’ goals behind (clearly, there are no ‘half-goals in soccer’. However, the spread is always articulated as ‘0.5’ less than the operative number of additional points/goals associated with the bet - this makes the required scoreline margin much clearer).

Conversely, if the same sports betting firm was to offer a spread bet linked to an underdog victory, the Rapids would be awarded a 1.5-goal boost heading into the fixture. Any players who opt to take on this wager would win providing one of the following outcomes occur:
Colorado Rapids win or draw the match.
Minnesota United win by less than two clear goals.

For any spread bet, players will see the handicap value accompanying a standard set of odds. The example above is designed to present a scenario where the spread has been evenly distributed, making either outcome an equal possibility. Therefore, the odds, in this case, maybe positioned as:

  • Colorado Rapids +1.5 (-110)
  • Minnesota United -1.5 (-110)

As per the rationale given previously, this would mean that a player betting $110 on either result would see a $100 return (plus their original stake of $110) if successful.

Although the basic objective of handicap betting is to reposition the tie so as to balance out the probability of either side winning, there are also plenty of spread markets available which adjust this scale in other ways. In these scenarios, they may over-inflate the advantage afforded to the underdog, or even add points/goals to give the favorites a head start. When this occurs, the odds are of course re-formatted to account for whatever handicap has been applied.

Totals

These types of bets allow players to place wagers on the combined number of points/goals which will materialize in any given sports match. Usually, sportsbooks determine a threshold of points/goals, with bettors given the opportunity to wager on whether the total score will be above or below this parameter. For this reason, ‘totals’ bets are commonly referred to as ‘overs/unders’.

The odds which accompany these manufactured benchmarks are usually set at ‘evens’, expressed as +100 (if you bet $100 and win, you receive $100 plus your original stake in return). This is because the sportsbook is trying to locate a ‘middle value’, whereby any score higher or lower than this is equally as likely to occur, so customers can be afforded a simple 50/50 choice.

For example,
The Utah Jazz is pitted against the Denver Nuggets in an NBA Western Conference fixture. Your sportsbook is offering totals markets and believes an ‘evens’ (+100) bet can be applied to both of the following outcomes: Over 179.5 points, and Under 179.5 points (as per the ‘spread’ bet example, points here are always expressed as 0.5 more/less than the threshold amount). Therefore, any bet backing the ‘over’ outcome will win if there are 180 points or more in the game, whereas those placing wagers on the ‘under’ result will access winnings if the total score reflects a points tally of 179 or less.

Most sportsbooks will also offer specific odds within the context of totals brackets (i.e. points scored will be between 120.5-130.5, 150.5-160.5 etc.), whilst some will even facilitate odds on precise values (i.e. 174 points to be scored exactly). As always, the odds you’ll receive within these markets are index-linked to the likelihood of the outcome occurring.

Parlays

Parlays involve predicting a number of outcomes within the framework of the same bet. For this type of bet to be successful, all of the results you’ve wagered on the need to transpire. As a consequence, Parlays are usually quite difficult to win, as you’ll need to accurately determine what will happen in a number of events, rather than just forecasting something which occurs in a particular fixture. However, when placing a Parlay, the odds accumulate with every added leg, which makes these types of bets extremely profitable if they’re lucky enough to land.

For this reason, many people wager less money on Parlays than they would, for example, on a Money Line bet, because the risk of losing is higher, and the earnings that can be generated from a comparatively low stake are substantially greater.

Example
There are three upcoming fixtures in the MLB’s American League, which involve the Toronto Blue Jays vs. Baltimore Orioles, the Minnesota Twins vs. Kansas City Royals, and the Houston Astros vs. Los Angeles Angels.

The favorites for each contest, with accompanying odds, are as follows:
Toronto Blue Jays (-120)
Minnesota Twins (-140)
Houston Astros (-175)

Therefore, if you were to bet individually on these three sides winning their matches, you would win $300 (plus your original stakes) in total for placing: $120 on the Blue Jays, $140 on the Twins, and $175 on the Astros.

However, if you condensed these wagers into a single Parlay, with odds rolling over every time you added a leg to your betting slip, you would access odds of approx +394. Therefore, with a single $100 bet, you would win $394 (plus your original stake) if the three favorites triumphed.

Ultimately, this all comes down to risk vs. reward; it’s arguably safer to place three individual bets, as at least one is highly likely to win. Indeed, for this reason, even though you're betting higher amounts on each separate outcome, your liability (potential cash loss) could be said to be lower than if undertaking a Parlay wager. However, from a far more modest stake ($100 versus a combined total of $435), you have the opportunity to make a far greater profit ($394 versus $300).

Parlays can be placed on more than just straightforward match outcomes, as wagers on spread, totals, and other markets can be encompassed into this one, cumulative bet.

In essence, whether you opt to place a ‘Parlay’ or not is based on an algorithm of how much you’re prepared to bet on a set of specific outcomes, and whether these are priced at odds you’re willing to accommodate in order to warrant the risk of losing your stake.

Other betting options

Although we’ve referenced what is often deemed as the main four betting types, most sportsbooks will facilitate a number of other betting options. We provide information on those here.

Best Ways to Bet Online & Betting Sites Comparison

Are you still having a hard time deciding which sports betting site is best suited to your needs? Let’s compare the leading sites listed above to help you determine which one to go with. Remember, you can always switch to a different operator if you find that one isn’t working for you.

DraftKings vs FanDuel

DraftKings FanDuel
Welcome Offer Deposit Bonus up to $1,000 Up to $1,000 Risk-Free Bet
Risk-Free Bet? Yes, up to $500 Yes
Daily Odds Boost? Yes Yes
Deposit Match? Yes No
Promotions Ongoing Ongoing

 

BetRivers vs BetMGM

BetRivers BetMGM
Welcome Offer Deposit Bonus up to $250 Deposit Bonus up to $1,000
Risk-Free Bet? No Yes
Daily Odds Boost? Yes Yes
Deposit Match? Yes Yes
Promotions Ongoing Ongoing

 

Barstool vs Caesar Sports

Barstool Caesar Sports
Welcome Offer Up to $1,000 Risk-Free Bet Deposit Bonus up to $2,021
Risk-Free Bet? Yes Up to $5,000
Daily Odds Boost? Yes No
Deposit Match? No Yes
Promotions Ongoing Ongoing

 

FOX Bet Sportsbook vs PointsBet Sportsbook

FOX Bet Sportsbook PointsBet Sportsbook
Welcome Offer Deposit Bonus up to $500 Deposit Bonus up to $250
Risk-Free Bet? Yes Yes
Daily Odds Boost? Yes Yes
Deposit Match? Yes Yes
Promotions Set Daily Promos Yes

 

TwinSpires vs Unibet Sportsbook

TwinSpires Unibet Sportsbook
Welcome Offer Up to $1,000 Risk-Free Bet Up to $500 Risk-Free Bet
Risk-Free Bet? Yes Yes
Daily Odds Boost? Yes Yes
Deposit Match? No Up to $500
Promotions No Varying

 

1. DraftKings vs FanDuel

DraftKings vs FanDuel

DraftKings and FanDuel are undoubtedly two of the leading sports betting sites on the planet. With both, you get excellent promotions, a fun and friendly user experience, and competitive odds. As you can see from the chart above, there are some fundamental differences that separate the two top dogs.

DraftKings gives new sign-ups a 20% matching deposit bonus as high as $1,000. But you need to make a $5,000 deposit using your own money if you wish to unlock this full amount. Moreover, DraftKings Sportsbook requires that you then complete the issuance requirement of 25 times the bonus funds.

DraftKings’ competitors, like BetRivers and Bet365, only apply a 1 times rollover to their 100% matching deposit bonus. The good news is that DraftKings Sportsbook usually offers a substantial $50 bonus that is no deposit. This is part of DraftKings’ welcome package, which is highly attractive.

FanDuel offers risk-free bets worth as much as $1,000 as a reward for signing up for an account. If you win your first bet, you can keep the money just like any other kind of bet. But if you lose, you will get a complete refund in free betting tokens (as much as $1,000).

This is an attractive proposal, as well. And it is much easier than the bonus from DraftKings. However, FanDuel’s welcome bonus only benefits you when your first bet fails. You will get the DraftKings bonus funds whether your first bet is successful or not.

Moreover, both DraftKings and FanDuel offer impressive promotions that are sure to entice bettors looking for the best deal possible. These promotions are designed to keep bettors come back while preventing them from going to competitors.

You may obtain many exciting offers on FanDuel, including free bets, enhanced odds, clearance insurance, and many more. You can always find nice bonuses under “Promotions” on the website, helping to make it the preferred sportsbook in many areas.

2. BetRivers vs BetMGM

BetRivers vs BetMGM

Both BetRivers Sportsbook and BetMGM let you place Point Spread, Moneyline, Over/Under Totals, Prop, and Parlay bets. BetRivers Sportsbook and BetMGM offer early redemption, as well. This refers to sports betting that lets bettors redeem their tickets before the end of the game to ensure victory or reduce losses.

What’s more, BetRivers offers new customers up to $250 as a deposit bonus, while BetMGM offers the same bonus but up to $1,000. As such, BetMGM clearly provides a more advantageous offer if you’re just starting out.

BetMGM also has risk-free betting, a feature not available through BetRivers. Promotions are plentiful via either operator, however. You will find lots of opportunities to increase your bankroll, so be sure to check back often to see what kind of promos they are running.

Moreover, BetRivers places bets on a total of 21 sports, while BetMGM places bets on just 14. This comes out to a difference of 7 sports betting items. BetRivers sports betting allows you to bet on the following:

  • College Basketball (NCAA)
  • Mixed Martial Arts (UFC)
  • College Football (NCAA)
  • Motorsports (NASCAR)
  • Basketball (NBA)
  • Baseball (MLB)
  • Football (NFL)
  • Tennis
  • Golf

By comparison, some sports that BetMGM lets you bet on include:

  • College Basketball (NCAA)
  • Mixed Martial Arts (UFC)
  • College Football (NCAA)
  • Motorsports (NASCAR)
  • Basketball (NBA)
  • Baseball (MLB)
  • Football (NFL)
  • Tennis

As long as you’re betting on mainstream sports, you can probably flip a coin between both competitors. But if you want to ensure that you get the best sign-on bonus possible, BetMGM is the more lucrative of the two.

With that said, it’s important to check back all the time, as different promotions can easily put one website ahead of others.

3. Barstool vs Caesar Sports

Barstool vs Caesar Sports

We’re pretty pleased with the performance and accessibility of both Barstool and Caesar Sports. For starters, Barstool impressed with its daily odds boost and risk-free bet offer. What’s more, Barstool will add a $10 bonus to your account just for signing up.

However, there isn’t a deposit match option through Barstool, so new bettors will want to keep that in mind when deciding which one to start with. Caesar Sports gets the upper hand here, as it will match your first deposit, beating out all other competition we reviewed here today.

For a limited time, Caesars Sports will match as much as $2,021. Based on that, you could start with as much as $4,042 to bet with. Furthermore, Caesars has risk-free betting that maxes out at $5,000. So for players who want to make the most of their betting experience, Caesars Sports may very well be the best option for you.

There’s a ton of money to be won just in sign-up bonuses alone. One potential drawback, though, is that Caesars doesn’t offer daily odds boosts, whereas Barstool does. Both competitors have ongoing promotions, though, so you’re sure to find additional ways to earn more money.

4. FOX Bet Sportsbook vs PointsBet Sportsbook

FOX Bet Sportsbook vs PointsBet Sportsbook

Here are two competitors that are very similar to one another. From risk-free betting to deposit matching, you can look forward to both from either FOX Bet Sportsbook or PointsBet Sportsbook. You will also find a variety of daily odds boosts offered through either sports betting site.

But not everything is identical. FOX Bets takes the lead slightly in its welcome offer. You stand to earn as much as an additional $500 thanks to a deposit match. PointsBet, however, offers a deposit match of half that (up to $250).

We prefer PointsBet when it comes to promotions, however. Bettors will find a ton of sports betting options that are sure to pique your interest. FOX Bet, on the other hand, has promotions that are a bit limited by comparison.

They aren’t bad or anything; they simply aren’t as robust as those offered by PointsBet Sportsbook. If you’re not all that concerned with daily promotions, FOX Bet is likely the better fit, thanks to its slightly more generous welcome bonus.

5. TwinSpires vs Unibet Sportsbook

TwinSpires vs Unibet Sportsbook

And finally, we round out our comparisons with TwinSpires and Unibet Sportsbook. Right off the bat, TwinSpires falters a bit in its offerings compared to Unibet. TwinSpires doesn’t have ongoing promotions, nor does it match your deposit.

It does have daily odds boosts, and its betting is risk-free for up to $1,000. By comparison, Unibet Sportsbook also has risk-free betting, but only up to $500. However, it makes up for this deficit by offering a deposit match of up to $500.

Moreover, Unibet likewise offers daily odds boosts, and it’s home to various promotions that you can catch throughout the month. They’re not quite as diverse as some of the other leading sports betting sites, but at least you have some options to choose from.

Best Football Betting Sites

You can bet on NFL games on many football betting sites. The best online football sports betting will provide players with various markets, large bonuses, and fast payments. The following websites will provide you with some of the best online football betting.

BetUS Sportsbook

In the past few years, perhaps no online game operator has made greater progress than BetUS. It has become the first choice of American sports betting players. Their new management team and software have been well received by players. They also own one of the best online casinos, offering live croupier games.

BetUS offers many bonuses for new players. They have 125% up to $2,500 first deposit sign-up bonus. Of the 125%, 100% will be used for your sports betting account, and 25% will be used for any casino activity you like.

To claim it, you need the promotional code JOIN125. There is also a 200% cryptocurrency bonus of up to $2,500, with the code JOIN200, of which 150% is for sports, and 50% is for casino games.

BetUS pays more attention to entertainment, but their betting limits are quite large. BetUS does not list the betting limits in their market, but they do accept NFL sides of up to five figures, depending on your account status.

And unlike other sports betting sites, BetUS lets players claim bonuses to bet on sports and play casino games. If you’re an avid sports fan, get your bonus and start betting on your favorite sports league. BetUS has very competitive odds and a large number of NFL proposition bets per game. But at the same time, you should take advantage of the casino bonuses that come with your initial deposit.

Best NHL Betting

Are you looking for reputable and reliable sites for NHL betting? With our helpful information, you’ll be able to narrow down the most suitable hockey betting sites for your betting needs.

The following will help you determine what you are looking for when narrowing down your choices. Combining research and experience, we reviewed several online sports betting and ranked among the top in NHL hockey.

With more NHL betting sites coming to the forefront in 2021, we’re bringing you the latest and greatest with our reviews. No matter what you hope to achieve this season, you are sure to go far with our betting sites for the NHL.

BetNow

BetNow Sportsbook is our top NHL betting site. Furthermore, BetNow provides convenient deposit methods, simple interfaces and fast payments. Sports betting has a great hockey betting menu and a unique 100% welcome bonus of up to $500 for first depositors.

So not only do you get an enticing sign-on bonus with BetNow but you’re also treated to a sleek user interface that is a joy to use. First-timers will appreciate the lack of complexity, and seasoned bettors will feel right at home at BetNow.

We also like that BetNow uses trusted software for all of its betting activities. So if you’re searching for the most well-rounded NHL betting site, you’ll definitely want to check out BetNow.

BetUS Sportsbook

Over the years, BetUS has gained a reputation for being a top-tier betting site, especially in the United States. They provide rewards programs for players betting on NHL and other sports and are supported by excellent betting software.

What’s more, BetUS Sportsbook is now accepting new customers and has huge deposit bonuses. BetUS even offers new users 125% up to a $2,500 sign-on bonus. With its large bonuses and a nice variety of promotions, it’s no wonder why BetUS remains one of the top sportsbooks among bettors.

You will also find favorable NHL betting odds and plenty of payment methods that you can use. There are simply so many positives going for BetUS Sportsbook that warrant your consideration.

Best NBA Sportsbook

If you’re looking for the best sports betting sites for the NBA, we have just what you need. We have tried out and reviewed the best NBA online betting sites and ranked them based on reputation, bonuses, odds, and more. So check out our top sports betting sites for the NBA below to help you determine the best one for your needs.

BetUS Sportsbook

BetUS makes the list yet again, this time for NBA sports betting. The site has long been favored for NBA betting and remains a top pick for many bettors. A big part of BetUS’s popularity can be attributed to its reward program.

Here, you can use points you earn toward your bets, ensuring that you have options to further your betting on the site. The software that BetUS Sportsbook uses is some of the best around. As such, you have a powerful resource for NBA sports betting that is backed by generous bonuses for newcomers.

For example, you stand to earn as much as $2,500 as a sign-on 125% sign-on bonus. Moreover, BetUS offers competitive odds for NBA betting and quick payouts. What more could you ask for in a sports betting site?

BetNow

BetNow maintains a solid record among bettors and provides you with a good amount of methods for depositing and quick processing times for money withdrawal. This sports betting site has excellent limits and offers attractive 100% cash bonuses of as much as $500 for first depositors.

The betting software used by BetNow is just as good as any other we’ve seen, and the prop builder is nice to see. If you’re a first-time bettor, you will find the interface to be intuitive and easy to navigate. Customer support is commendable, as well, providing you with a viable resource when you need assistance.

Top MLB Betting Websites

It’s not hard to find reputable betting sites for the MLB when you know what you’re looking for. But to help you keep your research to a minimum, we’ve compiled our top picks for the best MLB sports betting sites on the internet today.

We carefully compared several sites and their features to ensure that we brought you the very best that sports betting has to offer.

Top Legal Sports Betting States - Sites by US States

Wondering if sports betting is legal in your state? You’re not alone, as many people aren’t familiar with their state’s laws regarding online sports betting. Thankfully, we’re here to clear up any confusion on the matter so that you’re up-to-date on recent laws and ready to place your bets.

You may find that what was once illegal in your state is now legalized. That’s because the Supreme Court lifted all bans on sports betting, allowing many states to proceed with betting options for bettors. When the decision was initially made, it didn’t take long for states to get on board the ruling and provide ways for sports enthusiasts to place their bets.

States like West Virginia, Delaware, New Jersey, and others quickly took advantage of the ruling. As you will learn from our chart below, there are a number of states that offer sports betting without the fear of legal action.

ONLINE SPORTS BETTING LAUNCH DATES BY STATE

State Legal Date Legalized Legal Mobile Betting Date
Arizona Yes September 2021 September 2021
Arkansas Yes July 2019 NA
Colorado Yes May 2020 May 2020
Connecticut Yes September 2021 October 2021
Delaware Yes June 2018 Pending
Florida Yes Pending Pending
Illinois Yes March 2020 August 2020
Indiana Yes September 2019 October 2019
Iowa Yes August 2019 August 2019
Louisiana Yes October 2021 Pending
Maryland Yes Pending Pending
Michigan Yes March 2020 January 2021
Mississippi Yes August 2018 September 2021
Montana Yes March 2020 March 2020
New Hampshire Yes August 2020 December 2019
New Jersey Yes June 2018 August 2018
New Mexico No October 2018 NA
Nevada Yes 1949 2010
New York Yes July 2019 Pending
North Carolina Yes March 2021 NA
Oregon No August 2019 October 2019
Pennsylvania Yes November 2018 May 2019
Rhode Island Yes November 2018 September 2019
South Dakota Yes September 2021 NA
Tennessee Yes November 2020 November 2020
Virginia Yes January 2021 January 2021
Washington, D.C. Yes May 2020 August 2020
Washington Yes September 2021 NA
West Virginia Yes August 2018 August 2019
Wyoming Yes September 2021 September 2021

Sports Betting Legalized but Not Active

There are few states that have legislation passed where sports betting is legal as long as it’s within state lines. As you can see from the chart below, there are certain restrictions in place that govern how sports betting is conducted in these states.

State Date Legalized Restrictions
Florida May 2021 Online and retail
Maryland May 2021 Online and retail
Nebraska May 2021 Retail only
New York April 2021 Online only

Sports Betting Legislation in Progress

Additionally, there are some states enacting sports betting bills via legislative bodies. Others are in serious discussions about sports betting. Tracking legislation on sports betting is ever-changing. Therefore, you will find the states listed below to be those where the current issue is in progress.

  • Massachusetts
  • Minnesota
  • Kentucky
  • Vermont
  • Missouri
  • Kansas
  • Maine
  • Ohio

We will surely keep this list updated in the event that further progress is made on the matter.

Online Sportsbooks and Sports Betting Apps

There are many legalized and licensed sports betting apps for you to consider. Let’s examine our top picks and look at the states in which these apps are legal to use.

DraftKings

DraftKings was founded back in 2012 and started out as a one-on-one competition baseball product. Since then, it’s grown into a megastar in the sports betting world. After sports betting was legalized in 2018, DraftKings created its own sportsbook, and the rest is history.

As the first legal online and mobile sports betting company, DraftKings has had plenty of time to hone its craft. Today, the DraftKings app is sleek, streamlined, and intuitive, offering both beginners and experienced bettors a user-friendly interface from top to bottom.

What’s more, DraftKings’ lines and odds are consistently competitive, enticing bettors to stick around. Whatever your betting preferences are, DraftKings offers them, as there are thousands of betting options. At present, you can receive as much as $1,000 in bonus site credits to use on DraftKings on sign-up.

The company also makes it a breeze to withdraw your winnings. It’s fast, simple, and a must-have feature for sports betting in 2022 and beyond. Those markets are as follows: AZ, CO, IL, IN, IA, MI, NH, NJ, PA, TN, VA, WV & WY.

FanDuel

If you’re looking for betting sites that are easy to navigate and a great fit for beginners, you should definitely add FanDuel to your list. The app is incredibly rich, and it’s clear that a lot of effort went into crafting a streamlined experience for users.

What attracts most beginners to FanDuel is its promos. You can always find a new promo being offered, and this helps keep bettors coming back for more. Currently, FanDuel is offering up to $1,000 in site credits if you don’t win your first bet. This has become the preferred place for bettors in many markets, such as: AZ, CO, CT, IL, IN, IA, MI, NJ, PA, TN, VA & WV.

FOX Bet Sportsbook

If you’re an avid FOX Sports fan, it’s a safe bet that you’ve already heard about FOX Bet Sportsbook. One of this sports betting site’s draws is that it offers competitive bonuses for new players. They will place your first bet risk-free, up to a maximum of $500.

This means that if your bet does not win, you will get a full refund in the form of website credits. What’s more, FOX Bet Sportsbook gives its players access to a loyalty-based program that uses The Stars Group’s established reward system.

Through Stars Rewards, customers can earn points by placing bets on sports betting. Betting more frequently and betting more important amounts can provide players with more points, which helps unlock treasure chests.

Factor in a fantastic user interface that’s perfect for beginners and seasoned veterans, and you’re looking at one of the most well-rounded sportsbooks available today. Although limited by comparison, you can legally use FOX Bet Sportsbook in the following states: CO, MI, NJ & PA.

Mobile Gambling Sites & Betting Services

If you’re in the market for the most intuitive gambling online, we have just the ticket. These sites are sure to offer the experience you’re looking for, as they are a bit more flexible in the gambling department compared to some of the other sports betting apps and sites.

BetMGM

BetMGM is part of some of the biggest names in gambling. If you’re not familiar with BetMGM, you’ve probably heard of its parent company, MGM Resorts (formerly MGM Grand). The casino dynamo might have its roots in traditional gambling, but don’t let that deter you from looking into BetMGM.

To date, this sports betting site has steadily held its own against top-tier competition like DraftKings. Lines and odds are continually on par with leading sportsbooks, and BetMGM isn’t afraid to offer promotions and bonuses to its clients, such as winning up to $1,000 in bonus credits.

Whether you’re into mainstream sports or niche sports, BetMGM has something for everyone. The only potential downside is the online navigation; it can take some getting used and therefore might turn off newcomers.

But once you get the hang of things, you will find yourself betting with the rest of them. If you’re into odds boosts in your sportsbooks, you’re going to love BetMGM. Available markets where you can use BetMGM include: AZ, CO, DC, IN, IA, MI, MS, NV, NJ, PA, TN, VA, WV & WY.

Caesars Sports

Anyone who’s into gambling knows the Caesars name. It makes sense, then, that the gambling giant would eventually try its hand at sports betting. Since doing so, Caesars has been successful in its foray, offering rewards for members who use its services.

As you play and place bets, you can earn points via Caesars Rewards. In turn, you can get all kinds of goodies. The website’s design allows for easy navigation throughout, ensuring that even beginners will have no trouble finding their way around.

Caesars Sports is definitely one to keep an eye on, as it continues to garner a sizable fan base thanks to stellar customer service and support, promos, and a sleek user interface. Legal markets include: AZ, CO, IN, IA, IL, MI, NJ, TN, VA & WV.

Unibet

Admittedly, Unibet is still relatively new compared to other online betting sites. However, it’s backed by respectable experience in the betting industry and has already made a name for itself in a variety of markets.

Granted, it’s not as popular as DraftKings or FanDuel. But Unibet is well on its way to becoming a household name. Thanks to a basic interface, beginners may actually prefer Unibet over the established heavyweights.

It should be noted that there aren’t a lot of features by comparison, but newcomers may find that more appealing. Without a bunch of options to confuse those still learning the ropes, beginners may just find Unibet to be the perfect introduction to sports betting. You can legally use Unibet in the following states: AZ, IN, IA, NJ, PA & VA.

Sports Betting Bonuses

Sports betting sites will frequently offer bonuses to attract new members. The marketplace for sports betting is a crowded one, so companies need to continually offer new and exciting perks to get people to sign up with them.

Moreover, there are any number of bonuses that you are bound to come across as you research and compare different sites and apps. Below are some of the most common recurring bonuses we’ve seen to date.

Bonus Offer How It Works
Bonus Offer Usually, just register to get a small free bet of around $10.
Risk-free bet Make your first bet in a risk-free manner, sometimes as high as $500.
Deposit match Match your initial deposit up to a specific dollar amount.
Free play contests A contest in which you compete with other users with a symbolic bonus amount.
Odds boost Books will increase the odds of certain bets and benefit bettors.
Parlay insurance If you lose a leg in the designated multi-team clearance, you will withdraw your bet.
Score bonus For certain events (such as three-pointers or home runs) to provide additional bonus discounts.
Bet guarantee If you are ahead in your points, for example, after seven rounds of the MLB, the bet will automatically be the winner.

Conclusion

Sports betting provides plenty of opportunities to earn cash and other goodies. But it’s important that you use the right sports betting site and app to try your hand at it. With our research above, you should be able to narrow down the most suitable sports betting options based on your needs.

Remember, you should try more than one site and app so you can make sure you have experience with several different options. This will allow you to get a feel for the many sites out there — and there are a lot. But if you stick to our suggestions, you are sure to have a fun experience.

Sports Betting FAQ

What does +400 mean in betting?

This simply means that a bet pays 4 to 1.

Can you make money from sports betting?

Absolutely. But you shouldn’t expect to win a fortune at first. It’s going to take some time to get acclimated to the sports betting process.

What does 1.5 mean in sports betting?

This is commonly referred to as a “spread” in sports betting. It’s a common bet that you’re sure to see time and again.

What does +1 mean in sports betting?

This refers to when a team starts the game with a goal, thus, up by 1.

What is the most popular betting site?

DraftKings is likely the most popular by comparison. But that doesn’t mean others don’t have something to offer.

What is the safest online betting site?

BetUS was rated the safest betting site in 2021, followed by BetOnline Sports
Accumulator
Another term for a parlay bet, where multiple selections are made and all of them must win for the bet to win.
Across The Board
Betting on a horse to win, place, and show in an individual race.
Action
Any wager on a sporting event is referred to as action.
Added Game
A game that is not part of the normal Las Vegas rotation. These are often more obscure games like those in smaller conferences.
Advance Deposit Wagering
Betting where a player must deposit funds into their account before they are able to bet. Most online sportsbooks function this way.
Against The Spread
A wager where a handicap is applied to the side a bettor backs, known as a point spread.
Alternate Line
A betting line where the point spread or total is higher or lower than the default number, with different odds that vary based on how far the alternate line varies from the original.
American Odds
A way of showing betting odds that uses pluses and minuses to let bettors know what they stand to win depending on how much they wager.
Arbitrage
Betting on both sides of a betting market to take advantage of price differences across sportsbooks.
Asian Handicap
Another way to describe betting against the spread, where a handicap is applied to a team in a contest.
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