Official betting relates to sports betting markets that use data supplied by the leagues. These markets are governed by different rules than other betting markets and must comply with state law on gambling. The Supreme Court’s decision to overturn a 1992 federal law on sports gambling opened the door for states to legalize sports betting. This has caused the major sports leagues to rethink their stance on the industry, which has ranged from opposing it to seeking a direct cut of US wagering profits.

Each of the four main US sports leagues has forged partnerships with sportsbooks and technology companies that incorporate their official betting data. The leagues have also sought to shape state and federal legislation that requires the use of official data. These efforts have supplanted the integrity fee as the preferred means of achieving this goal.

The terms of any futures bet on a specific tournament or league will be settled based on the final table as published by the competition’s governing body at the time of the tournament/league ending. Amendments made after the final table, including points dedications, will not affect futures bet settlements.

In ice hockey, bets will be paid out on the team that wins each period, game and playoff series (unless otherwise stated). Overtime and shootouts are included in market settlements. In match bets, all players must start the game for wagers to stand, unless stated otherwise. If a player is ejected or disqualified, all bets will be deemed void and stakes returned unless the market has already been settled.

Categories