Sports betting is what it sounds like. You place a bet on a sporting event and win a set amount of money if the team or player you bet on wins. If the team or player you bet on doesn't win you lose your bet. You can place a wide range of different bets and find many different places to bet and ways to make the bets.
There is NO prohibition against gambling online, and that includes betting on sports. It's not explicitly legal, but it's not explicitly illegal either. I don't always play computer games, but when I do it is
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