Official betting is an important aspect of sports gambling that has a lot to do with player safety. It involves the use of official data by a sportsbook for wagers on a specific event.

Legalities of Official Betting

State laws regulate the use of official league data for sports wagers in a number of ways, including tiers of data and commercially reasonable terms. While the leagues argue these restrictions represent a compromise, there is little precedent on which to judge their reasonableness.

Legalities of Official Betting

The US sports betting industry has been a hot topic in recent years, with several states passing legislation to legalize and regulate the industry. The US Supreme Court ruled in favor of states’ rights to regulate and tax sports betting in 2018, opening the door for new markets and players to bet on their favorite teams.

There are also a number of different rules and regulations in place to protect player safety. For example, Tennessee’s law specifically prohibits the use of biometric data unless it has the consent of a player’s players’ association.

Tennessee also limits the use of material non-public information for player markets if it’s being used in violation of any federal or state privacy laws. The law also prohibits bribery to fix a match or event, as well as soliciting or accepting inside information from tippers.

The industry is largely against mandates to use official data, arguing that it will only hurt the integrity of betting markets and raise the cost of in-play bets for bettors. The only exceptions to this are in Illinois and Tennessee, which require sportsbooks to use official data for tier 2 wagers.