Official betting allows sports fans to better understand the odds of games and bet accordingly. The odds are not always easy to interpret, however, and there are several factors involved. The NFL has partnered with several sportsbooks to offer official betting data for its games. The NFL expects to generate $270 million in revenue from official sports betting this year. Other sportsbooks could potentially sign agreements with the NFL to offer their own official betting data for games.
In addition to providing odds-based content, the PGA TOUR has partnered with FanDuel to distribute its highlights and content to fans. The deal will be extended for three more years through 2024. During the three-year extension, FanDuel will be able to use PGA TOUR marks and license live scoring data.
Official betting data can be a valuable tool in a variety of sports, including horse racing, baseball, and basketball. Aside from data from official leagues, many sportsbooks use commercial data feeds to produce their odds. This will allow them to create more accurate and reliable live betting odds. Furthermore, the data will be available to bookmakers in a faster and more timely manner.
As of May 2018, seven states have legalized sports betting. Several more are expected to follow suit later this year. The NFL has argued that legal sports betting threatens the integrity of the sport. However, some New Orleans Saints fans disagree.