Generally speaking, most Online Sports Betting sites set their own rules. While there are different regulating bodies, there is not one fixed set of rules which specify how things should run in a Sports Betting rules. It is safe to assume that the more traditional rules from real life Sports Betting have made their way to Online Sports Betting too. However, there are some rules which are sure to define most of the Sports Betting sites you'll run into.
Signing Up
This is the first step you are required to do. Sign up with the gambling service provider and usually, you are required to provide some kind of confirmation to avoid scams; this sometimes done by small deposits taken from you and then swiftly returned, along with other confirmation methods. This is an important step because it can also serve as a confirmation factor for you for the site's reliability.
Game Rules
Different Sports Betting sites offer different assortments of games on which you can bet. The common thing they share is that they all take place in real life, unlike Virtual Sports Betting games where the results are calculated by sophisticated systems and machines. It is recommended to be fluent with the rules of the specific game on which you're betting, don't make blind bets on something you don't know at all, have at least a basic knowledge of what you're working with. Also, take heed of the probabilities and odds these site usually offer to you, and learn how to work with them too because it takes some understanding to do. Make sure you're making a learned bet.
Site Rules
The rules vary from site to site. Before any Sports Betting you make online, make a very close reading of the site's FAQ, Privacy Policy, Security and Rules and Regulations sections, if available. If you don’t see such sections in the site in which you're gambling, it is probably better to find a different place where to put your money.
Betting
The rules on betting itself, like other aspects of Online Sports betting, are not frozen, remaining the same in all sites. Different sites, different rules. But a general characteristic here is the diversity of bets you can place. Nowadays Sports Betting sites offer bettors countless betting possibilities, tied with the sports on which they are betting. These bets can be combined, thus notching your odds of winning.