The Logic Of Sports Betting by Ed Miller

How do I choose the best sportsbook?

Compare sign-up bonuses, ongoing promotions, available sports markets, odds competitiveness, mobile app quality, and withdrawal speed. Our reviews break down each factor.

What does the spread mean in sports betting?

The spread is a handicap given to the underdog. If a team is -7.5, they must win by 8+ points for a spread bet to win. The underdog at +7.5 can lose by up to 7 and still cover.

What's the best strategy for beginners?

Start with flat betting (1-3% of bankroll per bet), focus on one sport, shop for the best lines across multiple books, and keep detailed records. Avoid parlays until profitable on straight bets.

Where is sports betting legal in the US?

As of 2025, sports betting is legal in 38+ states and DC. Each state has its own rules about online vs. in-person betting, available sportsbooks, and bet types. Major operators (DraftKings, FanDuel, BetMGM, Caesars) are available in most legal states. Check your state's gambling commission website for the most current status and list of licensed operators.