Since the legalization of sports betting in the U.S., many sportsbooks have been implementing official betting options. Many sportsbooks have been using commercial data feeds to determine odds for fans. Now, sportsbooks in regulated states have the option of using official league data when setting odds. The new rules will make official betting more reliable and accurate. Below are some of the advantages of using official league data for sports betting. Read on to learn more.
While the newest state to legalize sports betting, Arizona, launched its sports betting market in August 2019. Other states, including Mississippi, took six to one year before they could begin offering sports wagering. In fact, Arizona’s law took just five months to go from being a candidate for legalization to the launch of sports betting in the state. On its first day, it launched seven apps, while two sportsbooks were opened at local stadiums in the Phoenix area.
Since the Supreme Court ruling, seven states have become legalized. Several others are expected to follow suit later this year. The NFL has argued that legalized sports betting threatens the moral thread of sports, but so far, the NFL has managed to survive the first season. The NFL has even signed an agreement with DraftKings, the company behind the popular fantasy sports site. In the future, nearly seventy percent of U.S. states will offer legalized sports betting.