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Other Bets Props and Futures Some other fun bets that can be made on basketball include prop bets and futures. How To Bet News. Handicapping Your Basketball Bets When oddsmakers set the lines, they take many factors into consideration. If you have even one loss, you lose the entire bet. On the other hand the Magic must either win outright or lose by 3 or fewer points for a Magic spread bet to payout.

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Is betting legal

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When could Texas legalize sports betting?

Legalized online casino gambling could be coming to The Empire State in the near future. After legal sports betting was launched in January , Senator Joseph Addabbo introduced . According to the American Gaming Association, 30 states and the District of Columbia currently have sports betting legislation that's considered “Live, Legal,” meaning single-game sports. It is just not legal everywhere, although the number of regions that allow sports betting is growing. However, for the time being these states (as well as Washington, DC) are the only .