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Sports betting is a popular way for fans to enhance their enjoyment of a game and earn money while doing it. While it can be an excellent form of entertainment, there are a few things to keep in mind before placing your first bet. These tips will help you avoid the pitfalls and increase your chances of winning.

The NBA bans gambling on its own events and any competition with which it’s involved. The ban applies to players, team staff members, managers, coaches and any other individuals in a position of authority within the league. This includes the WNBA, G-League, Basketball Africa League and NBA2K League. Individuals can, however, bet on any multisport competition in which they are participating but cannot place bets on NBA games or their own team’s events.

In addition to banning gambling, the NBA also has rules against offering or accepting bribes. Those who attempt to corrupt the game by seeking, offering or accepting a bribe are subject to an immediate three-year ban from the sport. The NBA works with regulators, sportsbooks and independent integrity monitors to enforce these rules and conduct investigations.

The NFL has a similar code of conduct for its athletes and teams that prohibits seeking, offering or accepting a bribe to fix a match, event or an outcome in a match. It’s also forbidden to provide inside information that could reasonably be used for betting purposes. In addition, the league will report any alleged attempts to fix a match or event that it becomes aware of.

A player can face a range of punishments for violating the NFL’s betting policies. These include fines, suspensions and forfeiture of game checks. In some cases, the NFL can even remove a player from its roster. Several major sporting scandals have involved illegal betting on professional football games in the past century. The 1919 Black Sox Scandal was one such incident that involved a gang of bookmakers and baseball players.

Getting started with legal online sports betting isn’t difficult but requires a bit of research. It’s important to look for sportsbooks with the right features to meet your needs. For example, if you prefer to bet on college sports, make sure the site offers those markets. You should also check out the betting menu to see which sports are available and the types of bets that can be placed.

Nevada was the first state to offer legal sports betting after the Supreme Court overturned a federal ban. It was followed by New Hampshire, which began offering sports betting in December 2019 and has a six-year contract with DraftKings to run its retail and mobile sportsbooks.

Florida was set to join the list of legal sports betting states in 2021, but that’s currently on hold pending a court battle between the state and its Seminole Indian tribe. New Jersey and Pennsylvania are slated to launch in 2022, while Mississippi and Kentucky are expected to follow suit shortly.