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Form of gambling
Odds boards in a Las Vegas sportsbook
Sports betting is the activity of
predicting sports results and placing a 9️⃣ wager on the outcome.
Sports bettors place
their wagers either legally, through a bookmaker/sportsbook, or illegally through
privately run enterprises referred 9️⃣ to as "bookies". The term "book" is a reference to
the books used by wage brokers to track wagers, payouts, 9️⃣ and debts. Many legal
sportsbooks are found online, operated over the Internet from jurisdictions separate
from the clients they serve, 9️⃣ usually to get around various gambling laws (such as the
Unlawful Internet Gambling Enforcement Act of 2006 in the United 9️⃣ States) in select
markets, such as Las Vegas, or on gambling cruises through self-serve kiosks.[1] There
are different types of 9️⃣ legalized sports betting now such as game betting, parlays props
and future bets. They take bets "up-front", meaning the bettor 9️⃣ must pay the sportsbook
before placing the bet. Due to the nature of their business, illegal bookies can
operate anywhere 9️⃣ but only require money from losing bettors and do not require the
wagered money up front, creating the possibility of 9️⃣ debt to the bookie from the bettor.
This creates a number of other criminal elements, thus furthering their
illegality.
There have 9️⃣ been a number of sports betting scandals, affecting the
integrity of sports events through various acts including point shaving (players
9️⃣ affecting the score by missing shots), spot-fixing (a player action is fixed), bad
calls from officials at key moments, and 9️⃣ overall match-fixing (the overall result of
the event is fixed). Examples include the 1919 World Series, the alleged (and later
9️⃣ admitted) illegal gambling of former baseball player Pete Rose, and former NBA referee
Tim Donaghy.
Types of bets
United States
Betting on the 9️⃣ Favorite, an 1870 engraving
published in Harper's Weekly
Moneyline bets do not have a spread or handicap, and
require the chosen 9️⃣ team to win the game outright. The favored team pays lower odds than
does the underdog; thus, it acts mainly 9️⃣ as an enticement to take the underdog for a
better payout. Sometimes a bettor may couple this type of bet 9️⃣ on the favored team to
increase the payout of a parlay.
do not have a spread or handicap, and require the
9️⃣ chosen team to win the game outright. The favored team pays lower odds than does the
underdog; thus, it acts 9️⃣ mainly as an enticement to take the underdog for a better
payout. Sometimes a bettor may couple this type of 9️⃣ bet on the favored team to increase
the payout of a parlay. Spread betting are wagers that are made against 9️⃣ the spread. The
spread, or line, is a number assigned by the bookmakers which handicaps one team and
favors another 9️⃣ when two teams play each other and one is perceived as being more likely
to win. The favorite "gives" points 9️⃣ from the final score, and the underdog "takes"
points. This number can also be in increments of half-a-point (.5) even 9️⃣ though very few
sports have .5 point scoring (i.e., The Ryder Cup), to avoid the possibility of a
tie.
For example, 9️⃣ before game 5 of the 2012 NBA Finals, the Miami Heat were expected to
beat the Oklahoma City Thunder. The 9️⃣ line read: Miami −3.5, Oklahoma City +3.5.[2] To
determine who wins against the spread, the line is either added or 9️⃣ subtracted from a
team's final score. In the above example, if the bettor chose Miami, for him to win his
9️⃣ bet, Miami would have to win the game by 4 points or more. If a bettor took Oklahoma
City, they 9️⃣ would have to win outright or lose by 3 points or fewer. If the final
adjusted score is a tie, 9️⃣ the bet is considered a push. The half point at the end is
sometimes added to eliminate the possibility of 9️⃣ a push. This is the most common type of
bet in American sports betting.
Total (Over/Under) bets are wagers made based 9️⃣ on the
total score between both teams. In an example, if an MLB game has a total of 10.5, an
9️⃣ over bettor will want the combined total to be greater, and the opposite for a bettor
taking the under. If 9️⃣ the combined total is the same as the proposed total, the bet is a
push. Most sports books refund all 9️⃣ wagers on pushes, though a minority counts them as
losses.
are wagers made based on the total score between both teams. 9️⃣ In an example, if
an MLB game has a total of 10.5, an over bettor will want the combined total 9️⃣ to be
greater, and the opposite for a bettor taking the under. If the combined total is the
same as 9️⃣ the proposed total, the bet is a push. Most sports books refund all wagers on
pushes, though a minority counts 9️⃣ them as losses. Proposition bets are wagers made on a
very specific outcome of a match not related to the 9️⃣ final score, usually of a
statistical nature. Examples include predicting the number of goals a star player
scores in an 9️⃣ association football match, betting whether a player will run for a
certain number of yards in an American football game, 9️⃣ or wagering that a baseball
player on one team will accumulate more hits than another player on the opposing
team.
are 9️⃣ wagers made on a very specific outcome of a match not related to the final
score, usually of a statistical 9️⃣ nature. Examples include predicting the number of goals
a star player scores in an association football match, betting whether a 9️⃣ player will
run for a certain number of yards in an American football game, or wagering that a
baseball player 9️⃣ on one team will accumulate more hits than another player on the
opposing team. Parlays. A parlay involves multiple bets 9️⃣ that rewards successful bettors
with a greater payout only if all bets in the parlay win. A parlay is at 9️⃣ least two
bets, but can be as many as the bookmaker will allow.
The possible payout of the parlay
is determined 9️⃣ by the combined likelihood of all bets placed. A parlay of riskier bets
(more underdogs) will pay greater than a 9️⃣ parlay of more likely bets (more favorites).
In a parlay, all bets need to win in order for the parlay 9️⃣ to win. If one of the bets on
a parlay loses, the whole parlay loses. In the event of a 9️⃣ push, the pushed bet would be
taken out of the parlay and the parlay would bump down to a set 9️⃣ of odds without that
bet. Parlays are very appealing to bettors because they pay out much more than the
total 9️⃣ winnings of their constituent straight bets. However, it is much more difficult
to hit on a parlay than it is 9️⃣ on a single wager.
Teasers. A teaser is a parlay that
gives the bettor an advantage at a lower, but still 9️⃣ positive, payout if successful.
The
bettor selects the sport(s), number of games, and number of points given. If the bettor
takes 9️⃣ two NBA games at +6.5 it will adjust the individual bets at that rate. So a bet
on a 3-point 9️⃣ underdog at +3 will become a bet at +9.5 points, and for favorites, it
will change a 3-point favorite at 9️⃣ −3 to +3.5 points. Although the rules to win his bet
are the same as a parlay, he is paid 9️⃣ less than a regular parlay due to the increased
odds of winning.
If bets . An if bet consists of at 9️⃣ least two straight bets joined by
an if clause, which determines the wager process. If the player's first selection
complies 9️⃣ with the condition (clause), then the second selection will have action; if
the second selection complies with the condition, then 9️⃣ the third selection will have
action and so on.
. An if bet consists of at least two straight bets joined 9️⃣ by an if
clause, which determines the wager process. If the player's first selection complies
with the condition (clause), then 9️⃣ the second selection will have action; if the second
selection complies with the condition, then the third selection will have 9️⃣ action and so
on. Run line, puck line, or goal line bets . These are wagers offered as alternatives
to 9️⃣ money line wagers in baseball, hockey, or soccer, respectively. These bets are
effectively point spread bets that have the same 9️⃣ money line odds on either side of the
wager (i.e., industry standard of −110 to −115). Sportsbooks will occasionally shift
9️⃣ the moneyline by a few points on either side of these spread bets.
. These are wagers
offered as alternatives to 9️⃣ money line wagers in baseball, hockey, or soccer,
respectively. These bets are effectively point spread bets that have the same 9️⃣ money
line odds on either side of the wager (i.e., industry standard of −110 to −115).
Sportsbooks will occasionally shift 9️⃣ the moneyline by a few points on either side of
these spread bets. Futures wagers. While all sports wagers are 9️⃣ by definition on future
events, bets listed as "futures" generally have a long-term horizon measured in weeks
or months; for 9️⃣ example, a bet that a certain NFL team will win the Super Bowl for the
upcoming season. Such a bet 9️⃣ can be made before the season starts in September for the
best possible payout, but futures are typically available year-round, 9️⃣ with payouts
being reduced as the season progresses and it becomes easier to predict a champion. In
this example, winning 9️⃣ bets will not pay off until the conclusion of the Super Bowl in
January or February (although many of the 9️⃣ losing bets will be clear well before then
and can be closed out by the book). Odds for such a 9️⃣ bet generally are expressed in a
ratio of units paid to unit wagered. The team wagered upon might be 50–1 9️⃣ (or +5000) to
win the Super Bowl, which means that the bet will pay 50 times the amount wagered if
9️⃣ the team does so. In general, most sportsbooks will prefer this type of wager due to
the low win-probability, and 9️⃣ also the longer period of time in which the house holds
the player's money while the bet is pending. For 9️⃣ this same reason, most professional
bettors do not prefer to place futures bets.
A sportsbook may choose to buy in-play
futures 9️⃣ wagers at a price below the actual payout before a championship is decided if
the potential payout is very high 9️⃣ (and thus, damaging to the sportsbook due to the
money that may be lost). The most recent example of this 9️⃣ was when Leicester City
pursued and went on to win the 2024/16 Premier League.[3]
Head-to-Head . In these bets,
bettor predicts 9️⃣ competitors results against each other and not on the overall result of
the event. One example are Formula One races, 9️⃣ where you bet on two or three drivers and
their placement among the others. Sometimes you can also bet a 9️⃣ "tie", in which one or
both drivers either have the same time, drop out, or get disqualified.
. In these bets,
9️⃣ bettor predicts competitors results against each other and not on the overall result of
the event. One example are Formula 9️⃣ One races, where you bet on two or three drivers and
their placement among the others. Sometimes you can also 9️⃣ bet a "tie", in which one or
both drivers either have the same time, drop out, or get disqualified. Totalizators 9️⃣ .
In totalizators (sometimes called flexible-rate bets) the odds are changing in
real-time according to the share of total exchange 9️⃣ each of the possible outcomes have
received taking into account the return rate of the bookmaker offering the bet. For
9️⃣ example: If the bookmakers return percentage is 90%, 90% of the amount placed on the
winning result will be given 9️⃣ back to bettors and 10% goes to the bookmaker. Naturally
the more money bet on a certain result, the smaller 9️⃣ the odds on that outcome become.
This is similar to parimutuel wagering in horse racing and dog racing.
. In
totalizators 9️⃣ (sometimes called flexible-rate bets) the odds are changing in real-time
according to the share of total exchange each of the 9️⃣ possible outcomes have received
taking into account the return rate of the bookmaker offering the bet. For example: If
the 9️⃣ bookmakers return percentage is 90%, 90% of the amount placed on the winning result
will be given back to bettors 9️⃣ and 10% goes to the bookmaker. Naturally the more money
bet on a certain result, the smaller the odds on 9️⃣ that outcome become. This is similar
to parimutuel wagering in horse racing and dog racing. Half bets . A half 9️⃣ (halftime)
bet applies only to the score of the first or second half. This bet can be placed on
the 9️⃣ spread (line) or over/under. This can also be applied to a specific quarter in
American football or basketball, a fewer 9️⃣ number of innings in baseball, or a specific
period in hockey.
. A half (halftime) bet applies only to the score 9️⃣ of the first or
second half. This bet can be placed on the spread (line) or over/under. This can also
9️⃣ be applied to a specific quarter in American football or basketball, a fewer number of
innings in baseball, or a 9️⃣ specific period in hockey. In-play betting. In-play betting,
or live betting, is a fairly new feature offered by some online 9️⃣ sports books that
enables bettors to place new bets while a sporting event is in progress. In-play
betting first appeared 9️⃣ towards the end of the 1990s when some bookmakers would take
bets over the telephone whilst a sports event was 9️⃣ in progress, and has now evolved into
a popular online service in many countries.[4] The introduction of in-play betting has
9️⃣ allowed bookmakers to increase the number of markets available to bet on during sports
events, and gamblers are able to 9️⃣ place bets based on many types of in-game activity
during the matches. For example, in football matches, it is possible 9️⃣ to bet in on
in-play markets including the match result, half-time score, number of goals scored in
the first or 9️⃣ second half of the game, the number of yellow cards during the match, and
the name of the goal scorers.[4] 9️⃣ The availability of a particular sport and in-play
markets varies from bookmaker to bookmaker. In-play sports betting has structural
characteristics 9️⃣ that have changed the mechanics of gambling for sports bettors, as they
can now place a larger number of bets 9️⃣ during a single sports game (as opposed to a
single bet on who is going to win). One of the 9️⃣ most important differences between being
able to place an in-running sports bet opposed to a pre-match bet is that the 9️⃣ nature of
the market has been turned what was previously a discontinuous form of gambling into a
continuous one. The 9️⃣ gambling study literature has suggested that in-play sports betting
may offer more of a risk to problem gamblers because it 9️⃣ allows the option for
high-speed continuous betting and requires rapid and impulsive decisions in the absence
of time for reflection.[4] 9️⃣ There are three different types of in-play sports betting
products(cash out, Edit my Acca, and Edit my Bet).
Cash Out . 9️⃣ Cash Out betting
functionality lets the user of a betting website take profit early if their bet is
coming in, 9️⃣ or get some of their stake back if their bet is going against them—all
before the event is over. Cash 9️⃣ Out offers are optionally made by the website in real
time on some current bets held by the user and 9️⃣ are optionally taken by the user by
clicking on a button on the webpage to "Cash out". Cash Out sports 9️⃣ betting
functionality developed on digital betting websites after 2008 with the evolution of
betting exchanges. It was later adopted by 9️⃣ online sports books and suppliers of betting
software. 'Cash out' is offered to users by online sportsbook operators based on 9️⃣ the
profitability of offering the option to the user to divest their existing bet on an
outcome and is sometimes 9️⃣ available on singles and multiples. It is regularly offered on
a wide range of sports, including American football, tennis, horse 9️⃣ racing, basketball,
and most other markets. You can Cash Out of bets pre-play, in-play, and between legs,
before the outcome 9️⃣ of the event. It has proved a key customer retention tool for sports
book operators looking to capitalize on the 9️⃣ use of mobile handsets while the
bettor/user is also watching a given event. [4]
. Cash Out betting functionality lets
the 9️⃣ user of a betting website take profit early if their bet is coming in, or get some
of their stake 9️⃣ back if their bet is going against them—all before the event is over.
Cash Out offers are optionally made by 9️⃣ the website in real time on some current bets
held by the user and are optionally taken by the user 9️⃣ by clicking on a button on the
webpage to "Cash out". Cash Out sports betting functionality developed on digital
betting 9️⃣ websites after 2008 with the evolution of betting exchanges. It was later
adopted by online sports books and suppliers of 9️⃣ betting software. 'Cash out' is offered
to users by online sportsbook operators based on the profitability of offering the
option 9️⃣ to the user to divest their existing bet on an outcome and is sometimes
available on singles and multiples. It 9️⃣ is regularly offered on a wide range of sports,
including American football, tennis, horse racing, basketball, and most other markets.
9️⃣ You can Cash Out of bets pre-play, in-play, and between legs, before the outcome of the
event. It has proved 9️⃣ a key customer retention tool for sports book operators looking to
capitalize on the use of mobile handsets while the 9️⃣ bettor/user is also watching a given
event. Edit My Acca . This feature allows gamblers to remove selections from their
9️⃣ accumulator after the bet has been placed and in some instances after the selected
event has started. The betting slip 9️⃣ is then revised to feature the amended selections
and a new potential return amount. This can be done online or 9️⃣ via a mobile device.
[4]
. This feature allows gamblers to remove selections from their accumulator after
the bet has been 9️⃣ placed and in some instances after the selected event has started. The
betting slip is then revised to feature the 9️⃣ amended selections and a new potential
return amount. This can be done online or via a mobile device. Edit My 9️⃣ Bet. The "edit
bet" feature can be used by gamblers to "unsettle straight accumulators" before matches
have started or whilst 9️⃣ they are in-play. The feature can also be used for to swap
single bets for new bets, and the gambler 9️⃣ is given a new bet selection valued at the
bookie's cash out price to reflect live market/game odds for the 9️⃣ original
bet.[4]
Bookmaking
The bookmaker functions as a market maker for sports wagers, most of
which have a binary outcome: a team 9️⃣ either wins or loses. The bookmaker accepts both
wagers, and maintains a spread (the vigorish) which will ensure a profit 9️⃣ regardless of
the outcome of the wager. The Federal Wire Act of 1961 was an attempt by the US
government 9️⃣ to prevent illegal bookmaking.[5] However, this Act does not apply to other
types of online gambling.[6] The Supreme Court has 9️⃣ not ruled on the meaning of the
Federal Wire Act as it pertains to online gambling.
Bookmakers usually hold an 11–10
9️⃣ advantage over their customers—for small wagers it is closer to a 6–5 advantage—so the
bookmaker will most likely survive over 9️⃣ the long term. Successful bookmakers must be
able to withstand a large short term loss. (Boyd, 1981)
Many of the leading 9️⃣ gambling
bookmakers from the 1930s to the 1960s got their start during the prohibition era of
the 1920s. They were 9️⃣ often descendants of the influx of immigrants coming into the US
at this time. Although the common stereotype is that 9️⃣ these bookies were of Italian
descent, many leading bookies were of eastern European ancestry.[7]
Odds
Odds for
different outcomes in single bet 9️⃣ are presented either in European format (decimal
odds), UK format (fractional odds), or American format (money line odds). European
format 9️⃣ (decimal odds) are used in continental Europe, Canada, and Australia. They are
the ratio of the full payout to the 9️⃣ stake, in a decimal format. Decimal odds of 2.00
are an even bet. UK format (fractional odds) are used by 9️⃣ British bookmakers. They are
the ratio of the amount won to the stake – the solidus "/" is pronounced "to" 9️⃣ for
example 7/1 "seven to one". Fractional odds of 1/1 are an even bet. US format odds are
the amount 9️⃣ won on a 100 stake when positive, and the stake needed to win 100 when
negative. US odds of 100 9️⃣ are an even bet.
Decimal Fractional US Hong Kong Indo Malay
Implied probability 1.50 1/2 −200 0.50 −2.00 0.50 1 in 9️⃣ 1.5 = 67% 2.00 Evens (1/1) +100
1.00 1.00 1.00 1 in 2 = 50% 2.50 6/4 +150 1.50 1.50 9️⃣ −0.67 1 in 2.5 = 40% 3.00 2/1 +200
2.00 2.00 −0.50 1 in 3 = 33%
Conversion formulas x To 9️⃣ Do this Decimal Fractional x−1,
then convert to fraction Decimal US 100(x−1) if x>2; −100/(x−1) if x<2 Fractional
Decimal divide 9️⃣ fraction, then x+1 Fractional US divide fraction, then 100x if x≥1;
−100/x if x<1 US Decimal (x/100)+1 if x>0; (−100/x)+1 9️⃣ if x<0 US Fractional x/100 if
x>0; −100/x if x<0 Decimal Hong Kong x−1 Hong Kong Indo x if x≥1; 9️⃣ −1/x if x<1 Hong Kong
Malay x if x≤1; −1/x if x>1
In Asian betting markets, other frequently used formats for
9️⃣ expressing odds include Hong Kong, Malaysian, and Indonesian-style odds formats. Odds
are also quite often expressed in terms of implied 9️⃣ probability, which corresponds to
the probability with which the event in question would need to occur for the bet to 9️⃣ be
a break-even proposition (on the average).
Many online tools also exist for automated
conversion between these odds formats.
In setting odds, 9️⃣ the bookmaker is subject to a
number of limitations:[8]
The probability implied by the odds should be greater than
the true 9️⃣ probability for each possible outcome to guarantee positive expected
profit.
If the wagers on each outcome are made in ratio to 9️⃣ the implied odds, then the
bookmaker is guaranteed a profit (balanced book).
Legality
In many countries,
bookmaking (the profession of accepting sports 9️⃣ wagers) is regulated but not
criminalized.
The opinions of betting from sport authorities are mixed. The United
States National Football League 9️⃣ was previously fully against any sort of legalization
of sports betting prior to the late 2010s, strongly protesting it as 9️⃣ to not bring
corruption into the game.[citation needed] On the other hand, the CEO of the
International Cricket Council believe 9️⃣ sports betting, in particular in India, should be
legalized to curb illegal bookies where match fixing has occurred from nontransparent
9️⃣ bookmakers.[citation needed] According to the Law Commission of India, all forms of
gambling are illegal. Online sports betting is a 9️⃣ gray area and is not banned by any
particular law in the Indian legal system. That is because specific provisions
9️⃣ distinguish between games of chance and games of skill.[citation needed]
United
States
Map of sports betting legality as of October 15, 2024[9]
Sports 9️⃣ betting legal
Sports betting illegal Kentucky has since legalized sports betting, with betting to go
live no later than December 9️⃣ 28, 2024.[10]
In the United States, it was previously
illegal under the Professional and Amateur Sports Protection Act of 1992 (PASPA) 9️⃣ for
states to authorize legal sports betting, hence making it effectively illegal. The
states of Delaware, Montana, Nevada, and Oregon—which 9️⃣ had pre-existing sports lotteries
and sports betting frameworks, were grandfathered in and exempted from the effects of
the Act.[11][12] PASPA 9️⃣ was struck down by the Supreme Court in Murphy v. National
Collegiate Athletic Association in 2024, paving the way for 9️⃣ other states to legalize
sports betting.
In May 2024, it was reported that since the Supreme Court's PASPA
decision, overR$20 billion 9️⃣ had been spent on sports betting in the United States.[13]
As of May 2024, 30 states and Washington, D.C. have 9️⃣ operational legalized sports
betting, while an additional four states have legalized it, but have not yet launched
legal sportsbooks.[9]
European Union
In 9️⃣ the European Union (EU), sports betting
legality varies among member states. Generally, the EU does not criminalize sports
betting, but 9️⃣ requires operators to obtain specific licenses within individual
countries. Key directives, such as the Services Directive and consumer protection laws,
9️⃣ influence the regulatory landscape. Each EU country sets its rules, impacting online
and offline betting. Certain countries have recently updated 9️⃣ regulations (such as the
GlüStV 2024 in Germany[14]), while the EU works to harmonize diverse laws.
Rest of the
world
Outside the 9️⃣ EU, regions approach sports betting differently. In Asia, some
countries allow licensed betting while illegal markets thrive in others. Africa 9️⃣ sees a
growing industry with varying regulations. Australia boasts a well-regulated betting
environment focusing on online and offline options. Latin 9️⃣ America, led by countries
like Colombia, is embracing regulated online markets. Meanwhile, the Middle East,
including nations like Saudi Arabia 9️⃣ and the UAE, strictly prohibits all gambling
activities, including sports betting,[15] due to cultural and religious
reasons.
Positions of American professional 9️⃣ sports leagues
The positions of the four
major American sports leagues (representing American football, baseball, basketball,
and ice hockey) have become 9️⃣ more complex since their decision to embrace daily fantasy
sports (DFS) in 2014, which are described by those within the 9️⃣ industry as "almost
identical to a casino" in nature. With the contention by critics that such activities
blur the lines 9️⃣ between gambling and fantasy sports, the endorsement of all four major
sports leagues and many individual franchises provided a marked 9️⃣ contrast to their
positions on betting.[16] Professional sports leagues updated their positions again on
May 14, 2024, when the Supreme 9️⃣ Court of the United States overturned the Professional
and Amateur Sports Protection Act of 1992 (PASPA).
NBA
While the National Basketball
Association 9️⃣ (NBA) was once active in preventing sports betting law relaxation, current
NBA Commissioner Adam Silver became the first major sports 9️⃣ leader to break from
previous administrative opposition to gambling. In 2014 he stated in a New York Times
op-ed, "I 9️⃣ believe that sports betting should be brought out of the underground and into
the sunlight where it can be appropriately 9️⃣ monitored and regulated."[17] In 2024, with
support for legalization growing, he confirmed his belief that "legalized sports
betting is inevitable".[18]
Silver 9️⃣ released the following statement following the
Supreme Court's overturning of PASPA: "Today's decision by the Supreme Court opens the
door 9️⃣ for states to pass laws legalizing sports betting. We remain in favor of a federal
framework that would provide a 9️⃣ uniform approach to sports gambling in states that
choose to permit it, but we will remain active in ongoing discussions 9️⃣ with state
legislatures. Regardless of the particulars of any future sports betting law, the
integrity of our game remains our 9️⃣ highest priority."[19]
MLB
Major League Baseball
(MLB) Commissioner Rob Manfred has also advocated the league changing its stance on
sports betting, with 9️⃣ both Manfred and Silver noting that the scale of illegal sports
betting makes opposition to betting meaningless. He also stated 9️⃣ a willingness to "try
to shape" any future legislation at federal level. This was noted as a marked contrast
to 9️⃣ former Commissioner of the MLB Bud Selig, with Manfred going beyond tacit approval
and stating, "There is this buzz out 9️⃣ there in terms of people feeling that there may be
an opportunity here for additional legalized sports betting."[20]
MLB released the
9️⃣ following statement when the Supreme Court overturned PASPA: "Today's decision by the
United States Supreme Court will have profound effects 9️⃣ on Major League Baseball. As
each state considers whether to allow sports betting, we will continue to seek the
proper 9️⃣ protections for our sport, in partnership with other professional sports. Our
most important priority is protecting the integrity of our 9️⃣ games. We will continue to
support legislation that creates air-tight coordination and partnerships between the
state, the casino operators and 9️⃣ the governing bodies in sports toward that
goal."[21]
In April 2024, league-owned television channel MLB Network launched Pregame
Spread, a weekday 9️⃣ afternoon show hosted by Matt Vasgersian dedicated to analysis of
betting lines and other aspects of sports gambling.[22]
NFL
The National Football
9️⃣ League (NFL) remains the only sports league to maintain public opposition to sports
betting, however critics have noted that with 9️⃣ the move of the Oakland Raiders to Las
Vegas in 2024, the NFL has positioned itself for legalization, while simultaneously
9️⃣ contradicting its long-held position that sports betting in NFL markets would lead to
potential match-fixing.[23] Commissioner Roger Goodell agreed with 9️⃣ Manfred in a July
2024 seminar that betting on in-game events, as opposed to the outcome of games, was a
9️⃣ more palatable form of sports betting.[24]
Like the NBA and MLB, the NFL issued a
statement on May 14, 2024. It 9️⃣ emphasized the league's commitment to protecting the
integrity of the game: "The NFL's long-standing and unwavering commitment to protecting
the 9️⃣ integrity of our game remains absolute." Moreover, the NFL called on Congress to
craft a Federal framework for regulated sports 9️⃣ betting. "Congress has long recognized
the potential harms posed by sports betting to the integrity of sporting contests and
the 9️⃣ public confidence in these events. Given that history, we intend to call on
Congress again, this time to enact a 9️⃣ core regulatory framework for legalized sports
betting."[25]
NHL
The National Hockey League (NHL) has not stated a public position for
or against 9️⃣ sports betting, with Commissioner Gary Bettman noting that they are smaller
than the NBA and NFL and less vulnerable to 9️⃣ negative issues as a result. The NHL was
the first major professional league to place a team in Nevada, when 9️⃣ the expansion Vegas
Golden Knights took the ice in 2024: since then the league has signed sponsorship
agreements with William 9️⃣ Hill and MGM Resorts International that include betting
partnerships and access to in-play data. Other clubs in states with legal 9️⃣ sports
gambling, such as the New Jersey Devils and Philadelphia Flyers, also have similar
sponsorships with bookmakers.
Following other US professional 9️⃣ sports leagues, the NHL
acknowledged the Supreme Court's PASPA decision with an internal review of its
policies. "The Supreme Court's 9️⃣ decision today paves the way to an entirely different
landscape – one in which we have not previously operated. We 9️⃣ will review our current
practices and policies and decide whether adjustments are needed, and if so, what those
adjustments will 9️⃣ look like. It's important to emphasize that the Supreme Court's
decision has no immediate impact on existing League rules relating 9️⃣ to sports wagering,
and particularly, wagering involving NHL games."[26]
Other leagues
Major League Soccer
(MLS) the top soccer league in the United 9️⃣ States and Canada has expressed sports
betting as a possible way to gain popularity. Commissioner Don Garber has stated about
9️⃣ sports gambling, " We have a project going on now to really dig in deeply and
understand it. I'll join 9️⃣ the chorus of saying it's time to bring it out of the dark
ages. We're doing what we can to 9️⃣ figure out how to manage that effectively."[27]
The
Alliance of American Football and XFL have both publicly endorsed gambling on their
9️⃣ games, with the AAF securing a partnership with MGM Resorts International[28] and the
XFL partnering with DraftKings.[29]
Advocacy and lobbying
The American 9️⃣ Gaming
Association stated in June 2024, that a coalition will advocate for the repeal of the
United States' sports betting 9️⃣ ban.[30]
In February 2024, a lobbying document surfaced
advocating a new position held by the NBA and MLB – that sports 9️⃣ leagues should be
financially compensated for betting activity.[31]
Position of American NCAA
Perhaps the
most extreme ban on sports betting is imposed 9️⃣ by the NCAA, the main governing body for
U.S. college sports. The NCAA reified their position in the wake of 9️⃣ various betting
scandals, including the 1992 University of Nevada, Las Vegas and 1994 Arizona State
University Point shaving scandals.[32][33] As 9️⃣ states began legalizing sports betting in
the late 2010s, the NCAA signaled a shift in tone. In 2024, then-NCAA President 9️⃣ Mark
Emmert talked about Las Vegas possibly hosting the NCAA Division I men's basketball
tournament in the future.[34]
Emmert acknowledged the 9️⃣ Supreme Court's overturn of PASPA
on May 14, 2024,[35][36] restating the NCAA's strong commitment to competition and its
student-athletes. "Our 9️⃣ highest priorities in any conversation about sports wagering are
maintaining the integrity of competition and student-athlete well-being." Emmert also
emphasized 9️⃣ the importance of proper federal regulation. "While we recognize the
critical role of state governments, strong federal standards are necessary 9️⃣ to safeguard
the integrity of college sports and the athletes who play these games at all
levels."[37]
Three days after the 9️⃣ Supreme Court ruling, the NCAA suspended its policy
prohibiting championship events from being held in states with legal sports betting.
9️⃣ The policy was fully rescinded in May 2024. In October 2024, Las Vegas was awarded the
West Regional of the 9️⃣ 2024 Division I men's basketball tournament; the Frozen Four, the
final phase of the Division I men's hockey tournament, in 9️⃣ 2026; and the men's
basketball Final Four in 2028.[38]
As of the 2024–22 school year, the official manuals
for all three 9️⃣ NCAA divisions still expressly ban a member institution's athletic
department staff, non-athletic staff with responsibilities related to athletic
activities, athletic 9️⃣ conference staff, and student athletes from knowingly
participating in sports wagering activities.[39][40][41]
This ban covers all
competitions, whether intercollegiate, amateur, or 9️⃣ professional, as well as team
practices, in any sport in which the NCAA conducts a championship, plus Division I FBS
9️⃣ football (whose championships have never been operated by the NCAA) and all sports
within the scope of the NCAA Emerging 9️⃣ Sports for Women program.[42] The only exception
is traditional wagers between institutions, most commonly associated with rivalries or
bowl games; 9️⃣ according to the NCAA, "items wagered must be representative of the
involved institutions or the states in which they are 9️⃣ located".[43]
The NCAA maintains
that "Sports wagering has the potential to undermine the integrity of sports contests
and jeopardizes the well-being 9️⃣ of student-athletes and the intercollegiate athletics
community. It also demeans the competition and competitors alike by spreading a message
that 9️⃣ is contrary to the purpose and meaning of 'sport.'"[44]
Positions of other sports
leagues and governing bodies
Premier League kit of West 9️⃣ Ham United sponsorship by
Betway
The Football Association, the governing body for association football in
England, has imposed football betting bans 9️⃣ on all individuals involved in the
sport—players, managers, match officials, and club staff. The scope of these bans
varies based 9️⃣ on level of the English football pyramid.[45][46]
The following
individuals are banned from betting on any football-related matter worldwide, or
providing 9️⃣ inside information to any individual who can reasonably be assumed to use
said information for betting purposes:
All players, managers, and 9️⃣ club staff associated
with any club occupying any of the top eight levels of the men's league system (the
Premier 9️⃣ League, English Football League, and the top four levels of the National League
system) or the top two levels of 9️⃣ the women's league system (the Women's Super League
and Women's Championship).
All match officials, plus coaches and assessors thereof, who
operate 9️⃣ at Level 3 or above in the FA's referee classification system.
Individuals who
are associated at clubs at lower levels of 9️⃣ the men's or women's league systems, plus
match officials at FA Level 4 or below, are only banned with respect 9️⃣ to the match or
competition in which they are involved or can influence, and also to the league in
which 9️⃣ they participate.
All individuals are banned from advertising or promoting any
football betting activity in which FA regulations prohibit them from 9️⃣ engaging. This,
however, only applies to individuals in their personal capacities. For example, if a
club is sponsored by a 9️⃣ betting company and said company places its logo on the club's
kit, the team's players are not in violation of 9️⃣ the betting rules.
International
baseball and softball
The World Baseball Softball Confederation, the international
governing body for baseball and softball, has betting 9️⃣ rules similar to those of Major
League Baseball. Participants in any WBSC-sanctioned event are banned from betting on
the following:[47]
Any 9️⃣ WBSC competition in which they are participating.
Any event in
the participant's sport, even if not directly governed by WBSC. For 9️⃣ example: An
individual involved with a national baseball team cannot bet on a Major League Baseball
game. However, someone involved 9️⃣ solely with a national softball team can bet on an MLB
game.
Any event in any multisport competition in which an 9️⃣ individual is participating.
For example, an Olympic baseball or softball player cannot bet on any Olympic event
taking place at 9️⃣ that specific Summer Olympics.
The WBSC statutes define "participant"
as any player, team staff member (including coaches/managers), tournament official
(such as 9️⃣ umpires and official scorers), or anyone in an ownership, executive, or staff
role within any entity that organizes or promotes 9️⃣ a WBSC-sanctioned event.
The betting
ban, as in the case of The FA's rules outlined above, also extends to providing inside
9️⃣ information that the tipper could reasonably believe will be used to bet on a WBSC
event.
Cricket
The International Cricket Council imposes 9️⃣ a blanket ban on what it calls
"corrupt conduct" by anyone it defines as a "participant".[48]
Under the ICC
anti-corruption statutes, 9️⃣ a "participant" is defined as:
Anyone who has been selected
to play in any international or domestic match that falls under 9️⃣ the jurisdiction of any
national cricket federation [a] within the previous 24 months (defined by the ICC as a
"player").
within 9️⃣ the previous 24 months (defined by the ICC as a "player"). Anyone who
"is employed by, represents or is otherwise 9️⃣ affiliated to" any international or
domestic team falling under the jurisdiction of any national federation (defined by the
ICC as 9️⃣ "player support personnel"). Those who have served in such a role in the past
remain subject to the code for 9️⃣ 24 months after the end of their term.
Any cricketer or
player support staffer who is currently under a ban imposed 9️⃣ for violations of the ICC
anti-corruption code, or the equivalent code of any national federation.
Any ICC
administrative official, match referee, 9️⃣ pitch curator (groundskeeper), player agent,
umpire, or umpire support staffer.
The ICC shares anti-corruption jurisdiction with
national cricket federations, all of 9️⃣ which have anti-corruption rules substantially
identical to those of the ICC. The ICC has elaborate mechanisms for determining whether
it 9️⃣ or a national federation will take action under the relevant anti-corruption code.
In general, the ICC has either exclusive or 9️⃣ priority jurisdiction over international
matches, while national federations have responsibility for actions relating only to
domestic matches.
The ICC code bans 9️⃣ the following activities with regard to any
international match, whether or not the participant had any involvement in said match,
9️⃣ or any possible means of influencing the outcome:
Any attempted or actual match fixing,
including spot-fixing (i.e., manipulating a specific event 9️⃣ within a match). However,
manipulation of international matches strictly for strategic or tactical reasons is
specifically excluded from the anti-corruption 9️⃣ code. Such actions instead constitute
violations of the ICC's code of conduct.
Seeking, offering, accepting, or agreeing to
accept a bribe 9️⃣ to fix a match or event within a match.
Betting on any match, or on any
event within a match. Soliciting 9️⃣ such a bet is also banned.
Misuse of inside
information that could reasonably be used for betting purposes.
Providing any benefits
for 9️⃣ the purpose of violating the code.
Failing to report any attempted violation of the
code by another individual, once the subject 9️⃣ has become aware of it.
Famous betting
scandals
Joseph J. "Sport" Sullivan was an American bookmaker and gambler from Boston,
Massachusetts who 9️⃣ helped to initiate the 1919 Black Sox Scandal.
In 1919, the Chicago
White Sox faced the Cincinnati Reds in the World 9️⃣ Series. This series would go down as
one of the biggest sports scandals of all time. As the story goes, 9️⃣ professional gambler
Joseph Sullivan paid eight members of the White Sox (Oscar Felsch, Arnold Gandil,
Shoeless Joe Jackson, Fred McMullin, 9️⃣ Charles Risberg, George Weaver, and Claude
Williams) around 10,000 dollars each to fix the World Series. All eight players were
9️⃣ banned from playing professional baseball for the rest of their lives.[49] Pete Rose,
the all-time MLB leader in hits, was 9️⃣ similarly banned from baseball in 1989 for betting
on games while he was an MLB manager.
The rule against gambling in 9️⃣ baseball is known as
"Rule 21", which is publicly posted on dugout walls and states: "Any player, umpire, or
club 9️⃣ or league official or employee, who shall bet any sum whatsoever on any baseball
game in connection with which the 9️⃣ bettor has a duty to perform shall be declared
permanently ineligible." People permanently banned from Major League Baseball are also
9️⃣ forever banned from entry into the Baseball Hall of Fame, although most such people
have been reinstated a few years 9️⃣ later by a later Commissioner of Baseball. For
instance, Mickey Mantle and Willie Mays were both banned from baseball in 9️⃣ 1983 after
taking jobs as casino greeters (which would have expelled them from the Hall of Fame
had it been 9️⃣ allowed to stand); they were reinstated two years later. Only Rose has yet
to be reinstated.
A 1906 betting scandal between 9️⃣ the Massillon Tigers and Canton
Bulldogs, two of the top teams in professional American football in the early 1900s,
led 9️⃣ to the demise of "big-money" professional football for several years. Modern
research has suggested that the claims of betting were 9️⃣ unsubstantiated.
On December 7,
1980, the San Francisco 49ers overcame a halftime deficit of 28 points in what became
the greatest 9️⃣ regular season comeback victory in NFL regular season history. By the
beginning of the third quarter, notorious Vegas bookmaker Frank 9️⃣ Rosenthal received
forfeiture notices from 246 San Francisco bettors totaling more thanR$25,000 in
premature winnings. Rosenthal was able to retain 9️⃣ these winnings despite the outcome of
the game due to gambling regulations previously established by the NAGRA.[50]
The
Cronje Affair was 9️⃣ an India-South Africa Cricket match fixing scandal that went public
in 2000.[51][52] It began in 1996 when the-then captain of 9️⃣ the South African national
cricket team, Hansie Cronje, was convinced by Mukesh "John" Gupta, an Indian bookmaker,
to throw a 9️⃣ match during a Test in Kanpur, India. The scheme was discovered when Delhi
police recorded illegal dealings between Indian bookmaker 9️⃣ Sanjay Chawla and Cronje.
According to the Telegraph in 2010, Cronje was paid off a total of £65,000 from
Gupta.[53]
Corruption 9️⃣ in tennis has been long considered as issue.[54] In 2011, the
former world No. 55 Austrian tennis player, Daniel Köllerer, 9️⃣ became the first tennis
player to be banned for life for attempting to fix matches. The violations were
outstanding between 9️⃣ October 2009 and July 2010 after The Tennis Integrity Units had
launched an investigation on behalf of the International Tennis 9️⃣ Federation and the ATP
and WTA tours. In 2004 and 2006, Koellerer was banned for six months due to his 9️⃣ bad
behavior. In addition, in August 2010, he facilitated betting by placing odds for
matches and had links for placing 9️⃣ bets.[55]
Machine learning in sports betting
Machine
learning models can make predictions in real time based on data from numerous disparate
sources, 9️⃣ such as player performance, weather, fan sentiment, etc. Some models have
shown accuracy slightly higher than domain experts.[56] These models 9️⃣ require a large
amount of data that is comparable and well organized prior to analysis, which makes
them particularly well 9️⃣ suited to predicting the outcome of Esports matches, where large
amounts of well structured data is available.[57]
See
also
References
Bibliography
Boyd, Kier (1981). 9️⃣ Gambling Technology Washington, D.C.:
FBI Laboratory
Washington, D.C.: FBI Laboratory Davies, Richard (2001). Betting the
Line Columbus, Ohio: The Ohio State 9️⃣ University Press ISBN 0-8142-0880-0
Columbus, Ohio:
The Ohio State University Press ISBN 0-8142-0880-0 Finley, Peter (2008). Sports
Scandals Westport, Connecticut: Greenwood 9️⃣ Press ISBN 978-0-313-34458-9
Westport,
Connecticut: Greenwood Press ISBN 978-0-313-34458-9 Rose, Pete (2004). My Prison
Without Bars St. Martin's Press ISBN 1-57954-927-6
St. 9️⃣ Martin's Press ISBN
1-57954-927-6 Thompson, William (2001). Gambling in America—An Encyclopedia of History,
Issues, and Society Santa Barbara, California: ABC-CLIO 9️⃣ ISBN 1-57607-159-6
Media
related to Sports betting at Wikimedia Commons
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