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When you’re betting on sports at one of the legal, licensed online sportsbooks listed above, you’re doing business with a heavily regulated company. Their security and software have been tested by the exact same regulators who oversee sports betting and casino play at your state’s casinos.

These sportsbooks are required by law to protect your personal information the same way that a regulated financial institution is required to protect your information. And these sportsbooks are required to keep your funds separate from operating funds, meaning you never have to worry about the safety of your money.

Best of all, if you have a problem with a legal sportsbook, you have a clear process for notifying state regulators about the problem and a system for resolving those problems. You’re not going to get that kind of assurance with an illegal sportsbook.

The legal situation surrounding sports betting in the US underwent a radical change in 2018. The US Supreme Court ruled in May 2018 that the Professional and Amateur Sports Protection Act of 1992 (PASPA) was unconstitutional.

Due to the decision, any state could potentially offer sports betting to its inhabitants. So far, eight states are either actively allowing sports betting or have legalized it and are hammering out the final details.

As far as the online sports betting component goes, six of those eight states are either offering it currently or making plans to offer it. They are:

• Indiana
• New Jersey
• Pennsylvania
• West Virginia
• Nevada
• Mississippi

Online sportsbooks offer a few basic kinds of promotions. Here’s a quick guide to understanding the bonuses mentioned above.

• No deposit bonus or bet: Does not require you to make a deposit to claim. Money can be used to bet, but cannot be cashed out.
• Match bet or bonus: Requires you to make a deposit. The site then matches your deposit at a certain percentage up to a certain amount with bonus money that can be used to bet.
• Risk-free bet: Requires you to make a deposit and place a bet. If you lose the bet, the site will refund you some amount of the bet (or up to a certain limit). The refund may be in the form of bonus money that can be used to bet again but cannot be cashed out.

Be sure to visit the site for full terms and conditions on any bonus offer.