Residents of Washington D.C. can finally legally jump into the world of sports gambling.
Last week, the city’s mobile sports gambling platform GambetDC, went live with a “soft launch”. The platform is only available via web browser at the moment as wagering through their app will start accepting bets early next month. Based on the initial review, it’s not something to get excited about.
Every sports bettor needs to be familiar with how a sportsbook makes money. Most books do not have a vested interest in the outcome of a game but instead want to balance risk in a way where they will always profit regardless of the final result.