If you want to bet on sports, you’ll need to know how to place a wager. The process is relatively simple – you open an account, use a verified promo code, find the game you’re interested in and make your bets. But there are rules that must be followed for official betting to take place.

If an operator isn’t following these rules, they could be violating state law and could face sanctions, including potential fines or a shutdown of their operations. The best way to avoid these issues is to be sure you’re using a reputable site and adhering to the state’s regulations.

The New York State Gaming Commission is responsible for ensuring that all gambling sites comply with state laws. It is headquartered in Schenectady and has an excellent reputation for providing its customers with a safe, fair and enjoyable gambling experience.

Currently, the only legal betting on NY sporting events is through licensed operators. The state’s sportsbook industry is growing rapidly, with many new sites offering a range of betting options. In fact, the number of legal NY sportsbooks is expected to reach a record high this year.

The most popular types of bets in sports betting are moneyline and spread bets, which are placed on the winner of a game. These bets can also be combined to create a parlay, which increases your chances of winning. A good online sportsbook will offer a variety of different bets, from standard football and basketball games to more obscure bets like water polo or rugby union matches.