20 Sep 2024 —

a building, or part of a casino (= a place where games are played for money), where people go to bet money on the results of sports events:.. Sports betting is the activity of predicting sports results and placing a wager on the outcome.

Odds boards in a Las Vegas sportsbook.. Sportsbooks profit by charging vig (vigorish) on every bet they offer. The vig for most bets tends to fall in the 4.5% to 4.8% range.

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