Official betting is a type of wager that relies on statistics, results and other information that is officially recorded by a sport’s governing body. It is a popular way for bettors to place wagers on their favorite teams and players. In the United States, sports betting has become a widespread activity and is regulated by various state laws. Nevertheless, there is an ongoing battle between the betting industry and sports leagues over which data is required and how it should be used.

In a recent ruling, the U.S. Supreme Court threw open the door to sports betting by striking down a 1992 federal law that prohibited states from passing laws that would “sponsor, operate, advertise, promote or license sports wagering.” With more than 30 states now offering legal sports gambling and the majority of college-age students reporting they have placed a bet on a sporting event in the past year, it’s clear that this issue isn’t going away.

Colorado and Oregon both launched legal sports betting less than a month after the Supreme Court ruling, with Colorado expanding its in-state offerings in 2022. However, in-state collegiate games remain off limits, including player prop bets, despite the court’s decision. Bets on games that are canceled or postponed will see all bets void, unless they are settled before the new start time. Likewise, markets where a tie was one of the options will be deemed void. This includes market types such as first goalscorer and game outcomes.