The benefits of online sports betting include the opportunity to compare prices across the major operators. While most sportsbooks offer moneyline odds, these can vary greatly depending on which operator you’re betting with. You can find better odds by line-shopping on a regular basis. Here are some tips to help you find the best odds:
Be sure to be aware of the rules and regulations of your state, as some states require you to register at retail sportsbooks. Typically, you must be within the state line in order to place bets. The software runs in the background to track your geolocation. Be aware that sportsbook odds fluctuate with the results of sporting events. Always double-check the odds before placing a wager. Besides the legality of online sports betting, it also ensures the safety of your personal information.
If you’re a serious sports bettor, you can take advantage of the low betting odds by using the “ditch” technique. Dutching involves using several different sports betting accounts to place bets on sports markets that are priced differently at different sportsbooks. For example, you can bet on the Golden State Warriors to beat the Phoenix Suns with a -6.5 point spread on BetMGM, while you can place your bet on the Suns at +200 with DraftKings.
In Louisiana, there are strict geolocation rules for placing bets on sports games. If you live in Louisiana, you must use a GeoComply plugin on your web browser and enable location services on your smartphone. Otherwise, you’ll be unable to place bets on sports games if you’re in a non-legalized parish. Geolocation is required until the federal government approves sports betting nationwide. While some states may not have a geolocation requirement for sports betting, others are still waiting for a law to make it legal in the state.