Sports betting is the act of placing a wager on the outcome of a sporting event. People can bet on various sports, such as football, basketball, or horse racing, predicting which team or player will win. The odds set by bookmakers determine how much money a bettor can win based on their stake. Many fans enjoy sports betting as it adds excitement to watching games. It can be done through online platforms or in-person at casinos and sportsbooks. However, it's important to gamble responsibly, as betting can lead to financial risks if not managed carefully.