How Does Sports Betting Work?
Fundamentally, betting operates in a very straightforward manner. A wager on whether something will or won’t happen is agreed upon by two or more persons. There is a bet made, generally with money, and there are usually odds involved. Whoever is right wins the wager, and the other person or parties are required to make a matching payment. What is a sports wager? It is what it sounds like—betting on sports. You put a wager on a sporting event, and…