A sports bet is a wager placed on a sporting event. There are many different betting types and rules to follow. Before making your first bet, you should know as much as possible about the type of sport you’re betting on. For example, you can place a bet on who will win a game or a tournament. You can also bet on how many rounds a match will last.

Another type of bet is called a parlay. In a parlay, you place bets on several games and hope that one of them will win. You can also bet on a single team to win a championship. There are even teasers that can alter point spreads and over/under totals.

A few states have legalized sports betting. Delaware became the first state outside of Nevada to accept single-game sports bets. Other states are following suit. On Aug. 15, 2019, Iowa legalized sports betting. Since then, a dozen or more sportsbooks have opened in the state. Its licensing fee is $45,000 in the first year and then drops to $10,000 each year afterward. Handling is expected to grow to between $100,000 and $300,000 per month. While the population of Iowa is relatively small and there are no professional sports teams in the state, it is one of the largest per capita markets in the country.

A sports betting app is an app that allows people to bet on sports on their smartphones. These apps are convenient to use and should provide access to the same betting options as a traditional sportsbook. When choosing an app, consider the number of deposit methods supported by the sportsbook site. Some apps take up more space than others, so make sure you check the amount of storage space before downloading. Also, look for signup bonuses that are beneficial for new customers.