After a few years of lagging behind other sports, the NFL is the latest American league to sign an official betting deal. The league has announced three sportsbooks as its official betting partners, in return for official league data. These partnerships help the league market itself and tie its brand to statistics. The league is paying these sportsbooks nearly $1 billion over five years if the deal works out, but can opt out after three years if the deal is not profitable.

PointsBet is an online sportsbook that offers standard online sports betting markets, as well as “PointsBetting” markets based on predictions. For example, if a basketball game’s total is listed at 210 points, the user can wager $5 per point. If the posted total falls under this total, the user will win $50, while the underdog will lose the $50. In addition to official betting lines, the sportsbook also offers a mobile sportsbook.

The Arizona Diamondbacks are among the official sportsbooks. The company offers an award-winning online sports betting service. They have retail locations throughout the state. The official betting partners of the Arizona Cardinals include BetMGM Arizona and Fubo Sportsbook. In addition, BetMGM has an official betting agreement with the University of Colorado, which is the first college athletic program outside of Nevada to partner with a sports betting company. The partnership is expected to bring in millions of dollars in revenue for the University of Colorado.