Sean Pyles

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It can also be expensive if you don't plan for taxes.

This episode, learn about how to navigate self-employment taxes.

Welcome to NerdWallet's Smart Money Podcast, where you send us your money questions and we answer them with the help of our genius nerds.

I'm Sean Piles.

So today we're talking about the rise of sports betting and what happens when betting apps stop feeling like a game.

Our news colleague, Anna Hilhoski, is here to dig into it with us.

Hey, Anna.

So Ana, can you give us some background on this?

Because it's all pretty new, this huge rise in sports betting, right?

Or at least legal sports betting, I should say.

Wow.

This is a world I am so not a part of, and that's fascinating to me.

What I also find really intriguing is just the variety of bets that you can make.

It's not just simply which team is going to win, right?

So Ana, talk us through the different types of bets that people might be able to make.

Okay, so what's maybe a step more complex than this one?

So you're kind of losing me here, but this is why I don't follow sports, but we'll just roll with it.

I want to talk now about props because this is a form of betting that I find really fascinating just by the sheer number of options, which seems to be infinite.