This season, NFL fans will be able to enjoy the game with official betting partners. The league has struck multiyear agreements with FanDuel, DraftKings, and Caesars Entertainment. These agreements give these companies exclusive access to NFL content and set the stage for betting content to appear on NFL Network broadcasts this fall.
Official betting data is crucial to in-play betting. Without it, “squatters” can price bets without any knowledge of the game’s score or actual shot distance. Without official data, it is impossible to know if a golfer is in the lead or not. In addition, the scoreboard may be inaccurate, which can lead to bad bets.
To combat these problems, NFL and MLB have partnered with bookmakers to use official league data to create live betting odds. This will help bookmakers get data faster and make the odds more accurate. This is similar to commercial data feeds that bookmakers have been using for decades. Meanwhile, MGM sportsbooks have signed agreements with the NBA and the NHL to use official league data.
Before placing a bet, it is important to understand the rules and regulations around official betting. In Ohio, the state lottery will be the likely venue for retail sports betting. If the bill passes, sports betting will soon be available in the state.