Alaska, Georgia, Kansas, Massachusetts, Missouri, and Oklahoma have either pre-filed or introduced bills in the state legislature to legalize single-game sports betting or have scheduled voter referendums on the matter. Spread bets are wagers that a team will either win by or (should they lose) cover a specific number of points. If a sportbook offers betting on races but is located outside a racetrack, this is known as off-track betting (OTB). Following a 2018 Supreme Court decision, many states have introduced new legislation to legalize both sportsbooks and, by extension, sports betting itself. S. The three states that are classified as "Legal-Not Yet Operational"-Florida, Nebraska, and Ohio-have, as the name suggests, legalized sports betting but there are no legal sportsbooks currently available. For instance, our research found that in North Carolina, New Mexico, North Dakota, Washington, and Wisconsin, only tribal casino operators are permitted to offer sports betting. Even where sports betting is legal, the odds are stacked against you and there's a much greater risk compared to other ways you could be putting your money to work, such as investing.
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