As sports betting becomes more prevalent, leagues have taken steps to ensure that fans can make responsible wagers. These include bolstering in-house technology, deploying security personnel to monitor betting activity and partnering with integrity firms that conduct investigations. This collaboration is not without its challenges.
In addition, sports governing bodies have banned some types of wagers that violate their rules. For example, players and employees of NBA teams are prohibited from placing bets on their own team or the league. Anyone found to be violating these rules is subject to a three-year ban and potential expulsion from the NBA.
A variety of sports betting options are available on iGames, including moneylines, totals and props. Depending on the sport, the betting odds and available bets can differ, but popular events often feature multiple options. For instance, UFC and boxing odds are available for fans to place bets on upcoming fights, while baseball games will usually have a full range of betting options.
The legal sports betting landscape is constantly evolving. For example, Colorado legalized sports betting in 2019 and launched its online and retail options on May 1, with DraftKings, FanDuel, BetRivers, PointsBet and BetMGM among the first to go live. Similarly, Ohio passed legislation in 2021 and legalized sports betting in January of the same year. While the state initially required in-person registration for online and mobile sports betting, this requirement was removed in March of 2022.