What is a Sportsbook?

sportsbook

A sportsbook is an online website that allows its customers to place bets on sporting events. These websites typically have a set amount that customers must pay for each month. For example, a customer will have to pay $500 a month, regardless of whether or not they place bets. This method of payment limits the scale of the business, since customers will pay the same amount even in off-season and during major events.