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What is Retail Sports Betting? Definition, Process & Business Opportunities

Sports betting is the business of placing bets on sporting events in person from a licensed space, often at a casino sportsbook, racetrack, or gambling premises. It represents a classic “brick-and-mortar” method of placing bets instead of the new kind of online betting with cash, paper tickets, and a relaxed social environment where bettors may watch games in person.

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