In horse racing, official betting refers to wagers on specific outcomes of races. An “exacta” entails picking the first two finishers in correct order; a “quinella” is the same but picks the first three in any order; a “trifecta box” is the first four in any order; and a “Pick Six” requires you to select the winners of six consecutive races—a difficult feat that can yield a large payout.
The Supreme Court’s landmark decision in 2022 gave states the right to legalize sports betting, and they quickly took advantage of it. Now, there are 33 states and the District of Columbia offering some form of legal U.S. sportsbooks.
NFL sports betting has also become increasingly popular as the sport has grown in popularity and the number of teams has increased. NFL prop bets are available for many aspects of a game, including the number of total points scored and individual player performances.
You’ll also find a variety of NFL betting options during live games, which can be wagered in real time once the game has kicked off. These bets often come with higher odds than pre-game wagers and are settled based on official league data and statistics.
Other types of NFL bets include money lines and totals. A money line is a prediction of the winning team based on how much you bet, with higher odds representing a lower chance of winning. A total is a prediction of the combined score of all the teams, with the over/under indicating the expected number of points scored.