![]() Up to that point, horse races, greyhound racing, and jai alai were the only sports people could bet on.ĭue to legal sportsbook unavailability, an illegal sportsbook market developed, and offshore sportsbooks followed when internet adoption became worldwide. The act allowed punters to wager on different sports. However, this act only allowed four states to legalize sports betting and operate bookmaking businesses: Delaware, Montana, Nevada, and Oregon. Things started to change in 1992 when the Professional and Amateur Sports Protection Act (PASPA) was passed. Not so long ago, sportsbooks were illegal across the US. ![]() You can bet on an individual athlete or team through a sportsbook aside from regular sports events, sportsbooks often also allow betting on politics, fantasy sports, esports, etc. ![]() Thus, a sportsbook is the same as a bookmaker (bookie), since their purpose is the same. Most people use the term “sportsbook” to refer to a venue, either a website or brick-and-mortar building, that accepts bets on sports. All of these can be true, but what is a sportsbook exactly? Read on to learn about the many aspects of this business, including how sportsbooks operate, whether (and where) they are legal, what types of sporting events they cover, and more. Depending on who you ask, a sportsbook could be a sports betting website, a company, a building, or something else.
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