The NFL is the latest American sports league to sign official betting deals. In an effort to make betting more exciting, the league announced three new sportsbooks as official betting partners. In exchange for access to official league data, the sportsbooks can promote their relationship with the NFL by tying their brands to certain statistics. If the five-year agreement works out, the NFL will receive nearly $1 billion in revenue. In the meantime, the league has the option to opt out after three years.
ESPN, Fox, and other media companies have been experimenting with betting content on NFL games. This season, Fox launched a sportsbook, Fox Bet, marking a bold move for the league. Meanwhile, ESPN partnered with Caesars to build a Las Vegas-based set for gambling content. According to NFL research, fans would rather place their bets through apps than in sportsbook kiosks. And until recently, gambling companies were prohibited from sponsoring NBA jerseys.
Regardless of your sports preference, there is a betting option out there that will suit you. The official betting product for NASCAR, for example, offers over 25 types of in-race bets. This ensures a highly engaging live betting experience for fans in regulated states. It also allows for the use of various deposit methods. The sportsbook platform is compatible with iOS and Android devices, making it easy for customers to place bets wherever they are.