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Many people are familiar with the term “sport betting,” what are the differences between sports betting and book-making for sports? Payouts for sports betting were traditionally determined by the outcome of the game. Since Congress passed PASPA in 1992 in the United America, in-person and online betting has been banned in most states. Nevada is the only exception. Apps for betting on sports on the other hand serve as digital clearinghouses, and can accept bets and pay electronically. Here are some examples of the distinctions between apps for betting on sports and traditional sports betting.

Online betting on sports is legal in Iowa since the year 2019. Operators are required to pay an annual licensing fee along with taxes. The Iowa Racing and Gaming Commission regulates online betting on sports. movie8k permits sports betting in casinos that are retail within state lines, but not online. The state’s sport betting program was launched in March 2020, just before the Coronavirus Pandemic. Mississippi is another state that has tried out sport betting but isn’t yet ready to fully accept betting on mobile devices.