The NFL is the last major American sports league to have signed an official betting deal, but it’s not alone. The NBA, NHL, and MLB have all signed similar agreements with sportsbooks. This latest partnership will provide NFL fans with access to official league data. In return, the league will gain brand exposure, while sportsbooks will have the ability to promote their relationship with the NFL. This five-year deal is worth nearly $1 billion to the league if it works out. If not, it can opt out after three years.
In the meantime, betPARX plans to provide branded fan experiences during the Memorial Tournament, elevating the game for golf fans. The company first entered the golf industry through the Memorial Tournament, and it has since leveraged its influence to become the official betting partner of the PGA Tour. The agreement will grant betPARX access to PGA Tour marks, intellectual property, and video highlights. Ultimately, the partnership is likely to benefit both sports and bettors.
In addition to the official partnership, the company is also working closely with the MLB to provide additional features and benefits to players. It’s an excellent opportunity to test the waters with an official betting app. It will allow you to place your wager and see how the odds stack up. While it may be tempting to place your bets on the team you like the best, there are a few things to keep in mind before placing your bets. The most important thing to remember when betting on a sport is that if you’re not happy, you can always contact them.