The best online sportsbooks offer an extensive selection of wagering options. They feature odds on the top professional leagues, as well as college and international sports. They also have prop bets, including totals and alternative lines for games and halves. They are easy to use and offer a variety of payment methods, with some accepting cryptocurrency.
When choosing an online sportsbook, it’s important to consider the reputation of the operator. The best sites have a long history in the industry and are known for offering competitive odds. They also have excellent customer service, with multilingual agents available via phone or live chat. This is particularly important if you are new to sports betting and need to ask questions.
In addition to the number of betting markets, look for a sportsbook with a mobile app that is compatible with your device. This will make it easy to place bets on the go, and you’ll be able to access your account anywhere. A mobile app should load quickly and be easy to navigate. The best sportsbooks will also have a secure website to protect your personal information.
One of the most popular types of bets at online sportsbooks is moneylines. These bets require you to predict the winner of a game or event, and the oddsmakers will assign moneyline odds based on their assessment of the probability that each outcome will pay off. You’ll see negative numbers for favorites and positive numbers for underdogs. You can also place a parlay bet, which requires you to correctly predict multiple outcomes on a single bet slip. This can yield large profits, but the risk is much greater than placing a single bet.
Another factor in the evaluation of an online sportsbook is the vig, or juice, that is charged on standard bets. The lower the vig, the more profit you’ll make on your wagers. The best online sportsbooks impose low vig, but vig can vary from site to site. Look for a site with low vig, such as Bovada or Sportsbook.
Most states have legalized sports gambling, and the number of licensed operators continues to grow. The largest online sportsbooks have taken advantage of this opportunity, launching in major US markets and expanding their services to include a full suite of products. Caesars Sportsbook, for example, offers sports betting in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Missouri, Minnesota, Nebraska, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia. It also has a robust mobile app, DFS contests, an online casino and an online TV network. Another industry leader is FanDuel, which has a 42% market share in the US and operates a robust mobile app. It’s the most widely-used sportsbook in the country, according to app store and Google Play ratings. Its parent company, Flutter Entertainment, has also launched a number of other brands, including an online casino, an online racebook and an online poker site.