Legal Sportsbook
A sportsbook licensed and regulated by a US state gaming commission, required to follow consumer protection and compliance rules.
Like buying from an authorized dealer vs. a gray market seller -- more guarantees, but often higher prices.
Why it matters
Legal books offer deposit protection and dispute resolution, but often have lower limits and wider vig than offshore alternatives.
How DMP uses this
DMP includes legal book odds in its consensus while noting they typically follow sharp market prices with added margin.
Common mistake
Believing legal sportsbooks have fairer odds -- regulated does not mean better prices, just more consumer protection.