Illinois Legalizes Online Sports Betting

online betting

There are many benefits to online betting. For one thing, you can start and stop betting whenever you want. You can do this no matter where you are and there are many sites that specialize in online betting. You can even place bets on your favorite sports and interact with other players. Online betting is the perfect solution for anyone who wants to place bets and win big money without the hassle of traveling. And because it’s so convenient, there’s no need to pay any membership fee to get started.

The state of Illinois has also legalized online sports betting and offers players the ability to place their wagers using their laptop, desktop, or mobile device. Two apps have already gone live in the state, DraftKings Sportsbook and BetRivers. They’ve been successful in other states that have legal online sports betting. But in Illinois, there are only two sportsbook companies, Rivers Casino in Des Plaines and Rush Street Interactive, the company that runs DraftKings Sportsbook.

Each online sports betting site charges a commission to process wagers. This commission, known as the “vig,” varies widely between sportsbooks and even within the same game. This difference can make or break your profit or loss. A good rule of thumb for betting online is to look for sportsbooks that offer points spreads between -105 and -110. Any sportsbook that charges higher than these odds is probably overcharging. On the other hand, sportsbooks that consistently offer -105 odds are usually worth their salt.