The Differences Between Regular and Official Betting

The Differences Between Regular and Official Betting

official betting

When it comes to betting on sports, there are a few different types of bets that you can place. One of the most popular is the over/under. This bet involves betting on the total number of combined runs in a game, and you can make this bet both before and during the game. In-game bets are subject to the same rules as pre-game bets. If a game goes into extra innings, all runs scored count toward the over/under total.

Many states have regulated sports betting since the Supreme Court legalized it, and each state has its own unique rules. These differences can be confusing for bettors, but the following are a few of the key things to keep in mind.

Official betting

The main difference between official and regular betting is that a bet becomes official only when the result of the game has been determined by the sportsbook, or when the prop has reached its designated point. This includes game-related bets, such as moneyline bets, and also player props, like whether a specific player will hit a home run or not. However, bets that are not related to the outcome of a game may still be accepted by the sportsbook.

Baseball games are the only major American team sport that regularly have to be shortened or suspended because of weather, so this will often impact the outcome of a bet. Generally, bets on the full game will stand unless they are void, but most inning-related bets are void if the game is called before those innings are completed.

In addition to the standard rules, some sportsbooks have their own rules and procedures regarding official betting. For example, some will honor bets that are made in error, even if those mistakes are not caught until after the game has concluded. Others will only pay out bets that have been correctly placed.

Virginia has been a top-five handler since it launched its first sportsbooks in January 2021, and is now home to more than 30 online and retail sportsbooks. Pennsylvania has also performed well, and is now the third-largest sportsbook market in the country. FanDuel has continued its expansion in the industry, and was named a co-exclusive official partner of MLB on Thursday. This partnership will include FanDuel Sportsbook, daily fantasy sports, and MLB Faceoff.