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Before you start betting, you should decide on what sport do you want to bet on. Some sports are better for betting than others, but it is all up to you and what you like. If you are a football fan, you should definitely bet on football because you will know who to bet on. A good rule of thumb is to start by placing wagers that equal around 2% of your overall budget. So with a $250 budget, for example, $5 per wager is about right. Anywhere between 1-5% is fine. The next part contains some advice for when you first start betting, and includes some useful resources for beginners. There’s a glossary of sports betting terms, and an FAQ. Finally, there’s a collection of articles explaining all about the various types of bets and the different forms of betting.
Michigan is now home to an array of sports betting websites. Online sportsbooks allow players from across the state to take part in betting on sports events.
Online sports betting launched on Jan. 22. Apps approved for launch included DraftKings, FanDuel, Golden Nugget, William Hill, Barstool, TwinSpires, BetMGM, BetRivers, and Wynn. Fox Bet launched on Jan. 29.
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But more are on the way. Parx Casino are expected to be on their way to Michigan soon, as well as FireKeepers, Four Winds and Soaring Eagle. At market maturity, Michigan sports betting will feature 15 sites.