Sports fans, whether it is football, hockey, soccer, golf or basketball, consider online sports betting as a fun and exciting way to make money on the side. Some people make money in sports gambling but this does not mean they did not put much effort and expertise in doing so. Online betting is not a get rich quick scheme, beginning bettors and those who would like to try it should understand that. Those who are prosperous put a lot of preparation, knowledge and hard work into getting to that position. In order to attain the most winnings possible, you need to have a strong money management system and be able to analyze the betting card of the day and figure out where the true value is. A good bettor possesses the characteristics of being patient and determined.How do you define sports gambling? The most simple description of online wagering is it is a game of chance, much like other casino games. However, sports gambling is much more complex than that. Even if sports betting relates to just picking the winner, it involves a lot of analyzing, statistics and the ability to beat the odds.In sports betting, you win by picking the winner or in some cases picking the loser, depending on the sport you are betting on. Sometimes, certain events have one team or player favored to win. When this occurs the odds maker or the bookmaker will give a point spread on the favored team or player. This means you can wager on the underog to lose, but by less than the point spread. This entices action on both sides of the event so the bettor can bet on either side with decent odds.Now, before you go online and search for online betting sites, the question to ask yourself is whether or not sports wagering is legal? There isn’t any standard rule when it comes to sports betting online. The legality is dependent on the state or country you are from and what age you are. Some countries consider online gambling illegal. Others are more lenient on their rules. In order to be sure, check your laws in your current state or country so you know if it is illegal or not. In North America for example, most states consider it illegal to engage in sports gambling.In countries where sports gambling is legal, some say it is because it drives more people to attend and witness the event. It can improve the attendance along with the television audience. Countries that didn’t legalize sports wagering believe that it will eventually threaten the integrity of the sport. The basis for this is there have been attempts to fix games just so sports bettors can win.Check out online sportsbook sites if you want to know more about betting on your favorite sports and if it is legal for you to do so.