Sports betting websites and apps are where most people place their bets these days. But if you aren’t that lucky, you lose the bet and the money you put in.

Here’s how it all works: If whatever you bet on winds up happening, you win the bet and make some money. You can even bet on some really specific and random stuff, like which team will score first and whether the bases will be loaded at the end of the first inning-you know, the kinds of things you can definitely make an educated guess about (that’s sarcasm, in case my tone wasn’t clear). Or you can bet on a team’s performance, like how many rebounds or turnovers they’ll have. You can bet on an individual player’s performance, like how many home runs they’ll hit or touchdowns they’ll score.

But these days, you can place a sports bet on just about anything. Back in the olden days, slightly after dinosaurs roamed the earth (rest in power, dino homies), people would put money on who would win, who would lose, or how many points would be scored in the game. Sports betting is simply when someone bets money on a sporting event. So, is putting money on the big game a good idea? It’s time to find out. The bookie now lives in your phone-on the many sports betting sites and apps-and he’s ready and willing to take your money. Sports betting has changed a lot since those days, and even more so in just the last few years. This ain’t your grandfather’s Kentucky Derby. If betting on sports makes you think of classic black-and-white movies where the main character owes money to a bookie after losing a bet at the horse races, then you need to get with the times. Well, here’s one more thing you can add to that list: sports betting apps. That’s why get-rich-quick schemes like cryptocurrency and nothing-down real estate have gotten so popular these days. People love the idea of sitting back, doing nothing, and making money.

Of bets and debts last of us