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Fanatics Sportsbook Review

A sportsbook is a place where punters can make wagers on sports events. Bets are placed either legally through a bookmaker/sportsbook or illegally through privately run enterprises known as “bookies”. The legal sportsbooks are regulated by state laws, which require responsible gambling. They also must implement anti-addiction measures, such as betting limits and warnings.

A good sportsbook will have a great user experience, large betting limits, 24/7 phone support and instant payouts. It will also have a variety of props and futures bets. Some of these bets are called “parlays”, which allow multiple teams or players to be paired together in one bet. These bets are popular with some punters because they can result in a larger payout if the bet wins.

Sportsbooks set their lines by looking at previous wagers and comparing them to the current market. They then adjust the odds to balance the action on each side of the bet. This is known as the “vigorish”. The vigorish makes sportsbooks profitable and it’s an important part of a well-rounded sportsbook.

The Fanatics sportsbook offers a generous welcome bonus for new customers, including up to $1,000 in free bet credits. It also has a top-rated app and accepts deposits and withdrawals in USD. In addition, it offers a variety of betting markets, including football, baseball and hockey. It also has an extensive MMA betting market, golf betting and boxing. The sportsbook also offers odds boosts and a variety of other promotions.