Whether you’re betting online or in a land-based sportsbook, you need to know how to get the best odds. The odds will determine how much you’ll make. There are many ways to bet on sports, including moneyline bets, totals and props. There are also several ways to avoid losing money.

In order to bet legally, you need to be in the state where you want to place your bets. You may be required to register at a sportsbook in person. This requirement is only in certain states.

The majority of states in the US allow legal online sports betting. Each state’s gambling laws vary, so check your local laws before placing bets. You’ll also need to verify that the sportsbook is licensed and regulated.

Online sportsbooks are the easiest way to wager on your favorite teams. You can also access your account from the convenience of your own home or car. Some sportsbooks also offer deep futures on major events like the NBA draft.

Most states with legal sports betting allow multiple sportsbooks, so you should have plenty of options to choose from. Some of the most popular operators include Caesars, FanDuel, DraftKings and BetMGM. Some also offer free bets and other promotions.

Most sportsbooks will take credit cards or PayPal for deposits and withdrawals. Some operators offer mobile apps, so you can place bets from anywhere. You can also check out promo tabs and opt in for promotional offers when you sign up.