Following the Supreme Court ruling that struck down a federal ban on sports betting, state governments are taking a variety of approaches to legalizing and regulating the activity. Some states have opted for a statewide prohibition, while others have passed legislation allowing sportsbooks at their casinos and other venues.
In some cases, sportsbooks have taken a stand against betting on the same teams or individuals — known as official betting. This is done to prevent collusion between bookmakers and teams or players to tilt the odds on a particular bet or outcome. In the case of professional football, officials are screened before postseason assignments to ensure they have no history of gambling or sports wagering. Any criminal charges or convictions involving gambling or sports wagering are flagged during the screening process.
Similarly, the NBA has a ban on betting on its own events. Its rules on this subject are outlined in the league’s collective bargaining agreement and posted in every dressing room.
BetRivers uses a white-label platform from Chicago-based Rush Street Interactive to create its sportsbook apps. It offers a colossal array of sports markets with more than 300 options on an NHL game and north of 400 on a soccer match.
The Kentucky Derby is one of the biggest horse races of the year and a big betting event. TwinSpires offers a betshare feature that allows fans to place group bets on the race together from anywhere. The app also features betting offers and promotions leading up to and during Derby week.