Massachusetts Sports Betting Laws

sports betting

Massachusetts lawmakers continue to make progress on sports betting, and a new bill that was passed by the state Senate will be paired with a House bill that was approved last year. The bill must now make its way through a conference committee to become law. It could take until 2024 to be approved. However, that is far from a sure thing. Massachusetts legislators are looking at sports betting as a $500 million revenue stream that will help the state.

Point spread betting

The point spread in sports betting is the margin between two teams. Sportsbooks set this margin based on a number of factors. In most cases, the sportsbooks give each team 0.5 points more than the other side. The reason for this is to ensure that a team always wins. In basketball and football, the home field advantage usually means a few points more. Regardless of the game’s score, there are a variety of factors that impact the final number that is displayed in the spread.

Parlay betting

Sports bettors are familiar with parlays. Betting on two different teams with the same pointspread can result in a win. This type of bet requires $10 per team, but pays out at 2.65 times the original amount. To win a parlay, both teams must cover the spread. If one of the teams loses, it’s considered a loss, so don’t do it. However, if both teams cover the spread, you will win more than if you’d simply have bet one leg separately.

Over/Under betting

If you’ve ever thought about over/under sports betting, you know how popular it is, but you’re not sure how to make a winning bet. It’s a simple concept, but it takes some research to succeed. Before you place your wager, research the teams and games you’re considering, including the totals they’ve produced in recent games. Also, look at their season-to-date and recent games to get a better sense of how they’ve performed so far.

Over/Under

While the idea of Over/Under sports betting seems simple, it is far from foolproof. As with all sports, you’ll see winners and losers, but ultimately, you want to make a profit in the long run. To improve your odds, you can use tips and research the past performances of teams that have been subjected to over/unders. Look for recent performances and average performances to help you make informed decisions. You can also find information on how a team usually scores.