The NFL is the latest major American sports league to sign official betting deals. In a recent press release, the league announced that three sportsbooks would become official betting partners, receiving official league data in exchange for tying their brands to statistics. If the five-year agreement stands, the league will receive nearly $1 billion. It can opt out of the deal after three years. Official betting data agreements are usually beneficial for both parties. Here are the advantages of official betting data agreements:
In New Hampshire, sports betting has been made available to the public through a state-run endeavor. The state’s casinos pay the most into the state’s budget. In Nevada, the gambling industry is a state-run endeavor. In New Hampshire, sports betting is allowed via an open bidding process. As a result, DraftKings emerged as the sole sports betting provider in the state. In both Rhode Island and Nevada, sports betting is allowed in both states.
In Ohio, residents can bet on their favorite teams and players online. PointsBet offers a wide variety of sports betting options, as well as PointsBetting markets. These betting options have variable payouts based on predictions. For example, users can place a $5 bet on the OVER total in an NBA game. The actual score must be higher than the posted total to win $50. If the game falls short of the posted total by ten points, the bet loses $50.