Official Betting on NFL Games
The NFL is pushing for legislation to make official betting on NFL games a reality. They are looking for legislation that will create clear markets, protect consumers, and protect the integrity of the NFL. The ideal sports gambling legislation would also ban insider betting and put onus on operators to prevent it. In order to make this happen, they need the support of the 32 owners of NFL teams. These owners are divided into four groups.
In order to achieve this, NFL teams will partner with sports betting firms. DraftKings, FanDuel, and Caesars Entertainment have already signed multiyear partnerships. These agreements will grant the three companies exclusive access to NFL content and will pave the way for betting content to be integrated into NFL Network broadcasts this fall.
In-play betting represents 70 to 80 percent of all sports betting in mature markets. Unlike traditional sports betting, in-play betting is more focused on individual games and microtransactions. In-play betting is more focused on specific game events, such as the next point scored or foul called in basketball and tennis games.
In addition, in-play betting requires official league data. The IMG Arena’s Golf Event Centre provides this data. Without this, squatters will price bets and golfers cannot accurately gauge their shots.