Official betting is wagering on games that have been sanctioned by a sports organization and are considered fair by the rules of that sport. These bets are typically offered at legal retail and online sportsbooks and may offer more competitive odds than regular wagers. They can include a variety of prop bets, which are bets that don’t relate to the outcome of a game but may have other consequences such as how long the national anthem will last at a Super Bowl or what color Gatorade will be dumped on the winning coach.

David Purdum covers the gambling industry for ESPN and has watched a major transformation take place in sports and betting after the Supreme Court ruling. He told ROTT that it has changed the relationship between sports and betting in a way that even some of the most die-hard sports fans didn’t anticipate.

Among states, New Hampshire became the first to launch sports betting in December 2019. The state approved legislation that includes both retail and online options. DraftKings will operate the retail and online sportsbooks. FanDuel, BetRivers and PointsBet will be the other available online sites.

New Jersey was another early adopter, launching sports betting in April 2021 after months of political maneuvering. The state’s Supreme Court appeal to overturn PASPA was denied. Nonetheless, New Jersey continues to dominate sports betting. Its revenue surpassed New York’s in November 2022, and its market share is larger than that of any other legal sportsbook.