Placing any kind of bet requires a bookmaker in place to accept and pay off the bets. Little known is the many different categories that bookmakers can fall into, Online Betting which is what this article aims to lay open. Of course the types available to you will depend on your location and the laws of the country or state you’re in. Racecourse Bookmakers These are the type to be found on horse-racing tracks and in dog races as well. They typically work with smaller margins compared to large Online Betting companies and will be mobile, following the racing action to various venues.

Casino Sportsbooks These are mostly to be located in casinos. They offer a huge variety of betting markets to play on. Lining the walls of the venues are screens that show real-time odds for the various markets. A wager can be placed either via a casino employee through a betting window or through a betting station where things are all done via electronic means.