At its core, sports betting is putting money behind an outcome you think will happen and getting paid if it does. This is often done with money line bets, but can also include over/under and player props. You can also combine multiple outcomes into a single wager with a parlay. The odds for a specific event are constantly changing, which is why it’s important to monitor injury reports before placing bets.
The legalization of sports betting has led to a battle between states and the major sports leagues over control of data. The leagues want to make sure their own data is used for wagering, and have sought out private commercial agreements and legislative mandates in order to get that control. While mandates have been successful in some markets, they are not a panacea.
MLB is committed to ensuring that fans who choose to wager responsibly have the tools they need. This includes a robust responsible gaming program, including a partnership with the American Gaming Association’s Have A Game Plan. Bet Responsibly campaign and serving as a Platinum member of the National Council on Problem Gambling’s Leadership Circle.
The NFL playoffs present a unique opportunity to place a bet on the first round games that determine which teams advance to the Divisional Round. This bet requires you to pick the winners of four first-round games and can pay out huge rewards if all of your selections win. You can place a bet on this market by visiting the betting page for each game and clicking the “PLAY” button.