The Official Betting Data Feed
A key part of legal sports betting is robust data. Whether the bet is on the game’s final score or an outcome that can be observed in real time, operators need to be able to grade all wagers quickly. While the idea of a league-owned official betting data feed may sound good in theory, the practicalities have been less than promising thus far.
The NFL has taken a different approach, beefing up its own internal security, partnering with integrity firms and using its technology to monitor the betting market in a more targeted way. The result has been greater visibility into how bets on the league are placed and who is making them, and a better shot at catching offenders.
In the world of cricket, the WBSC has strict rules around betting on its events. It prohibits anyone from seeking, offering or accepting a bet that violates any WBSC rule or providing any inside information the tipper could reasonably believe will be used for betting on a match. It also bans anyone from betting on a match or event within the match.
Ohio took a bit longer than most to offer legal sports betting, but lawmakers finally approved it in December 2021 and online sportsbooks went live shortly thereafter. The state can have a minimum of four and up to 12 online sportsbooks at maturity.