Sports betting, also known as SportBooking is the process of placing bets on the outcome of a sporting event. Historically the payouts for sports betting were determined by the outcome of the game. However, until recently, ufa , enacted by Congress in 1992, banned betting on sports in person and online. However, with the repeal of PASPA, Nevada has become a legal sports betting state. Sports betting apps process the payments and record betting decisions and act as digital clearinghouses for bet call and payouts.
The Iowa Racing and Gaming Commission oversees sports betting. In Michigan sports betting is permitted within state lines at casinos that sell tickets to retail customers and was officially launched in March of 2020. However, the sports betting program in Mississippi was stopped in the year prior to the Coronavirus pandemic hit the state. In 2018, Mississippi legalized sport booking in Mississippi but did not accept mobile wagering. This is likely to change in the future.