We can only recall those times, when people wanting to make money by betting had to get up, get dressed and go down the neighborhood to place a bet in some local bookie. Today all the structure of bookmaking is on the web, - totally digitalized. It is more comfortable for any person to place bets via internet while sitting on a couch with a drink.
A contemporary online sports betting is about multilayer and many-sided betting. If you google, you can easily find a lot of bookmaker sites that offer a wide range of options, sometimes even bigger range than professional gambler can handle. All the bookies have their own rules and regulations such as minimal payout, payout time (any time or twice a week, for instance), number of bets that can be placed at the same time, and so on. But, as usually, there is a slim chance to face some kind of fraud, so-called “fake”. Those, who are trying to fool us, establish very strange rules like “minimal deposit is 300$” or “minimal payout is 1000$”, so you get strictly framed. For a beginner (and even for a pro betting gambler) it’s almost impossible to earn so much money without losing and this is why these sites often make profit. However, today fraud sites don’t seem much spread, quite the contrary - they are very rare.
An online sports betting also has its disadvantage. For example, it’s not as legislatively-controlled as local offline bookmakers, so betting sites can be very dodgy at times, establishing and re-establishing their own rules, knowing that their clients won’t leave them. They can withhold your payouts without explanations and so on, but they will never be sued because they pay almost always.
You have to be very selective while searching for a betting website. Always try to find the reliable information about any bookmaker, ask those of your familiars that are into betting about which site you should choose or start following a betting guide, but do not fall for fraud.