Official betting allows sportsbooks to offer bettors a chance to place wagers on live events. It is legal in a number of states in the United States and is growing in popularity around the world.
A key component of official betting is official data, which includes game state data and real-time stats from the live event. The sportsbook provides this data to bettors and makes it available via a branded betting app or website.
The most popular sports betting markets include NFL, MLB, NBA, and NHL games. These are offered across regulated online and mobile sportsbooks.
Despite the fact that many states have resisted the development of sports betting, it is expected that it will eventually become the dominant form of gambling in the country. As the industry continues to grow, it will be important for sportsbooks to understand how to operate legally and responsibly.
A first-of-its-kind official betting product for NASCAR was created in partnership with the sport to enable live in-race betting. This solution offers 25 in-race bet-types and enables fans from across regulated states to place bets on every race as they watch on TV.
Sponsor may run a variety of daily, round, and seasonal contests in the Perfect Picks game (the “Game”) and announce those opportunities through the Game on the Bleacher Report app and/or social media channels such as B/R Betting. These contests may be subject to additional or different rules and are described in the “prize details” screen within the Game and/or an announcement on Sponsor’s B/R Betting social media channels.