A lot of NY betting sites focus on how easy it is to place a bet, which is important, but there are a few other rules that should be followed that can affect the outcome of your winning bet. How the site settles bets is one of them. Knowing this can save you some money in the long run.

The simplest bet is a moneyline. This is a bet on the winner of a game, or event, and is settled based on the final score. It is a popular wager amongst sports bettors.

Other betting types are more complex. An “exacta” is a bet on the first two finishers in exact order; a “quinella” is the same, except it is for the first three; a trifecta box includes picking the first four finishers in any order; and a superfecta calls for predicting the first five winners of a race.

Betting is becoming more and more common in professional sports leagues, as teams move to Las Vegas and other states with legalized gambling. The NHL is no exception, and the league has signed sponsorship deals with several bookmakers.

The NFL has also taken steps to become more involved in betting, and the NBA is expected to follow suit. However, the major leagues are not without controversy over their stance on betting, and in some cases, even players have been banned from playing for their alleged involvement in match-fixing scandals. Joseph Sullivan, the man behind the 1919 Black Sox Scandal, is a famous example of this.