Sports betting is a form of gambling where people make wagers on the outcome of a sporting event. Bettors place money on their chosen team, athlete or participant, then stake an amount they are willing to bet on that person or team either winning or losing. If their bet comes through, they win money; if it doesn’t, they lose their money. Most sportsbooks also offer a range of side bets, such as in-game betting, which is placing bets on particular moments or incidents within a match.
