The sports betting market continues to expand across the United States and abroad. But as states legalize the industry, there are still limits to what games can be placed and how.
The most common restrictions are on the type of bets players can place and on which teams they can bet on. Some states also limit the number of times a player can bet on a single game. These restrictions can have a significant impact on the profitability of bookmakers.
Aside from these types of restrictions, there are many other rules and regulations that should be considered by a bettor before placing a wager. For example, it is illegal to seek, offer or accept a bribe to fix a match or event within a match. Additionally, it is illegal to use or provide inside information for betting purposes.
One of the most popular forms of sports betting is known as a proposition bet. This is a bet on a specific aspect of a game that can’t be directly controlled by the players or coaches. These bets are often based on a player’s performance or an injury to a player.
The NBA says it provides education on the league’s rules several times a year to its players, and it has a person dedicated to handling all sports betting matters. But gambling companies are not required to use official league data, and several don’t. Instead, they might rely on aggregated data from a league website (known as “data-scraping”) or collect it themselves from live events (which is much slower than getting the data from the league itself). However, some of the largest bookmakers do reach individual deals to purchase official data.