As the world of sports betting continues to expand, fans now have the ability to place a wide range of wagers. Some bets are more common, like moneylines or spreads, while others are more specific and can involve a variety of factors, including player and team performance.
These types of bets are often referred to as official or prop bets. Official betting is regulated and backed by the sport’s governing body, and is available only at licensed sportsbooks. These bets are more accurate and can offer better odds than those found at unlicensed books. In addition to offering bettors the chance to win large amounts of money, official betting also allows teams and players to reap revenue from their wagers.
The NBA has a long history of supporting responsible gaming initiatives, and is committed to expanding its efforts in this area. This includes partnering with the American Gaming Association’s Have A Game Plan. Bet Responsibly. public service campaign as well as continuing to invest in research and education, including a comprehensive partnership with the National Council on Problem Gambling.
As the legalization of sports betting continues to accelerate, it’s worth noting that the NBA has banned any players or team employees from placing bets on their own league or its properties. This includes the NBA, NBA Summer League, WNBA, G-League and NBA2K League. This restriction does not impact wagers on other sports, and does not affect players in their personal capacities outside of the NBA or its properties.