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Sports betting is the ultimate money game for the sports fan. Through any of a number of online sportsbooks you can bet on the outcome of baseball, basketball, football, hockey and soccer games, car races, boxing matches and other popular sporting events. If you know your favorite sport inside and out, you can overcome "the juice", beat the oddsmakers and fatten your wallet. Also, placing a sports bet makes the outcome of the game more meaningful and the game itself more enjoyable and thrilling. The sportsbook and the oddsmaker To place a sports bet, simply go to a sportsbook -- a place that accepts sports bets. VIP Sports and Interwetten are examples of online sportsbooks. Many sportsbooks also accept bets by telephone. You may sometimes hear sportsbooks referred to as bookmakers or bookies. These terms are generally reserved for disreputable or illegal operations -- the leg-breaker variety. Note that a sportsbook is not the same as an oddsmaker. The sportsbook simply accepts sports bets. An oddsmaker is a person who sets the betting odds. Most major sportsbooks use odds set by Las Vegas oddsmakers. These oddsmakers typically work for major hotel sportsbooks. Most online sportsbooks are located in the Caribbean and Europe.