Since official betting has been legal in the U.S. for a decade, sportsbooks have sought to provide the best possible experience for their customers. To do so, NASCAR developed its own official betting product, which includes over 25 different types of in-race bets and enables sportsbooks to accept bets on every lap of every race. This new official betting solution gives fans in regulated states a unique, highly engaging live experience.
The NFL had anticipated the decision from the Supreme Court, and had been studying the legalized sports betting markets for the past several years. They also spoke to various gaming operators, governing bodies, and sports entities to find out what pitfalls arose and what kind of legislation would be needed to curb insider betting. The NFL found that anywhere from $75 billion to $125 billion was being wagered on sports illegally in the U.S. in mid-2017. Ultimately, the league sought support from the 32 owners of NFL teams. The owners of each team fell into four categories: the owners of a single team, a group of franchised teams, or a combination of all four.
The DC lottery is in charge of overseeing sports betting in the District, but the city has seen difficulties in getting sports bettors to use GambetDC. But sports bettors are still willing to drive several miles from their home to bet on sports. Currently, Caesars Sports and BetMGM are operating in the area surrounding Capital One Arena and Nationals Park. While both sports betting services have experienced significant success, there are a few limitations.