If you love to bet on sports, you’ve probably noticed that the NFL has three official betting partners this season. The league announced a deal with DraftKings, FanDuel, and Caesars Entertainment that will give each of them exclusive access to NFL content, and it will pave the way for betting content to be incorporated into NFL Network broadcasts. But do you know what official betting actually is? Here’s what you need to know about it.
The NFL is the latest major American sports league to announce official betting partnerships. In April, the league announced that three sportsbooks would become official partners. These new deals would give each sportsbook exclusive access to league data and allow it to build its brand in the league’s eyes. This is the perfect scenario for fans. In return, the NFL gets access to official league data, which will help its betting partners promote their relationship with the league. The NFL hopes to see $270 million in revenue from its gambling deals this year.
As an example, the LaLiga league in Spain offers official betting in 100 markets. The more markets you place, the better your chances of winning. Just keep in mind that it’s difficult to make a fortune by betting on a single team. A 50% chance of winning is not enough to make a decent profit. For this reason, the league encourages sports betting as an alternative to traditional betting. It’s not just about the profits – the integrity of a game is also at risk.