Sportsbooks are bookmakers who offer the opportunity to place bets on individual sporting events. They also offer hundreds of prop bets. Whether you want to bet on your favorite sport or a lesser known team, sportsbooks offer options.

The best way to start is with a moneyline bet. This is a simple bet where you choose the side you think will win the game. It’s a good option for beginners since it doesn’t require much knowledge of the game.

You can place parlay bets, where you combine two or more selections on a single slip. If you get all of your picks right, you’ll win.

Other types of bets include futures and spread betting. Futures are bets that are placed weeks before an event. Spread betting is based on statistical models.

Most online sportsbooks offer live betting on major sporting events. Some have mobile apps. However, not all of them provide live streams.

Online sportsbooks allow you to choose between different types of markets and odds. They also have promotions and bonuses. Many of the best sportsbooks also offer a variety of deposit methods.

Some states have approved full-service, retail sportsbooks. For example, in Tennessee, you can bet in-person or online. But it’s not expected that Tennessee will legalize retail sportsbooks in the near future.

Sportsbooks in Nevada have been fully legal for many years. However, in many other states, they operate in limited forms.

When choosing a sportsbook, it’s important to check state regulations. Different sportsbooks have different house rules. You should also read independent reviews.