Official betting is any wager placed on a sporting event that has been approved by a sports league. This includes bets on match results, team or individual player performance and other market-related propositions. The official betting industry is regulated by state laws and often requires a betting license to operate. The industry is booming and many states now offer legal sports betting.

Some professional sports teams are partnering with betting companies to offer their own products. These partnerships create natural alignments between the sportsbooks and fans, and they can also help improve the quality of sports betting data that is used to determine odds for each game. In addition to these partnerships, some betting sites use a variety of methods to capture and process live sports data. They may use a real-time stream from stadiums, TV broadcasts or official data feeds to quickly provide up-to-the-minute sports odds.

The National Hockey League has a strong presence in states with legal sports gambling, and the NHL is one of several professional sports leagues to establish an official partnership with a betting company. This is a sign that the NHL is ready for the increased competition that comes with the introduction of new betting platforms.

The NCAA works with its member schools and partners to educate student-athletes on problem gambling and the risks that sports betting poses to the integrity of college athletics. A recent survey revealed that 27% of autonomy schools had dealt with a student-athlete betting problem in the previous year.