Sportsbooks are places where a sports bettor can wager on various games. They can pick the teams they want to bet on, as well as the game itself. The odds are usually set by the bookmaker based on the probability of the events. Most sportsbooks are legal, and allow bets on both sides of the game.

The best sportsbooks provide a wide variety of bet types, along with competitive payout percentages. In addition, they offer a range of deposit options, including credit cards, electronic bank transfers, and PayPal.

Some of the best sportsbooks offer live in-play betting. This means that a bet can be placed while the game is underway, and the bettor will know whether he won or lost. A good sportsbook also has a solid reputation for customer service.

Some of the best sportsbooks are Betfair, Bovada, DraftKings, FanDuel, Caesars, and 188Bet. These books offer a wide selection of bets and the best overall price for the spread favorite.

Other options include the online sportsbook SBOBet. One of the best Asian sportsbooks, SBOBet covers more than 1500 events every week. It offers competitive odds, great customer support, and a mobile app.

SBOBet also has a strong reputation for its bonuses and promos. New players are welcomed with a 15% deposit bonus. However, this bonus must be rolled over 14 times before it can be withdrawn.

Those who like to place a bet on ice hockey can find tournaments and specific games to bet on at SBOBet. Additionally, they can find live streaming services.