Sportsbooks are gambling sites that accept wagers on a variety of sports. They offer a wide range of betting markets on major leagues such as the NFL, NHL, MLB and NBA, plus many international and minor leagues. Most also offer odds boosts and bonus bet offers for new players.
The best sportsbooks will feature a range of banking options, including PayPal and online bank transfers. They also offer low minimum deposits, fast payouts and a huge selection of betting lines. In addition, regulated sportsbooks will offer a more secure experience than offshore operators, where security is often questionable.
Getting started at a legal online sportsbook is a simple process in most states, and most sportsbooks will provide a mobile application for easy use on the go. There are a number of different types of bets available at most sportsbooks, including parlays and moneyline bets. The best sportsbooks will set their odds based on the likelihood of each outcome.
A sportsbook will usually set an over/under line on the total points, goals or runs scored in a game. They may also offer team totals and lines on halves or quarters of a game. These bets are often called point spread betting, but can also be known by other names such as run line betting in baseball or puck line betting in hockey.
New Jersey was one of the first states to launch a legal sportsbook after the Supreme Court’s PASPA ruling, and it features some of the best options in the country. DraftKings, SugarHouse, BetRivers and FanDuel all have NJ sportsbooks, as do daily fantasy sports giants like Fanatics. The iRush Rewards system at BetRivers is another standout, with every bet placed earning Loyalty Level Points and Bonus Store Points.