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While some may opt to make odds comparison by opening multiple online sportsbooks at once, there is a more straightforward way to comparison betting odds on sports. Another way to present betting odds is in a fraction format. The denominator is the amount you need to bet to win the numerator . For example, when looking at NBA betting odds, a team with odds of -200 is the favourite, and the team with +175 is considered the underdog.

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Often, you can deposit as low as $10 using the cryptocurrency. Different types of crypto are starting to grow in popularity, too, with some online casinos now accepting low minimum deposits via Ethereum and Litecoin.

Currently, in the United States, sports betting is authorized and regulated by individual states. Some states have already enacted and authorized regulated sports betting, while others are in various exploratory and legislative stages. Sportsbook operators can apply for licensing within the frameworks that these states have established.

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