Sports Betting: Risks & Ripple Effects Teach-Out
Business of Sports Betting / Lesson 1 of 7
Introduction to Business of Sports Betting
5 minutes
Sports betting today is a sophisticated business ecosystem shaped by digital platforms, data analytics, and aggressive marketing. In this module, we will discuss:
- How sports betting has evolved from a land-based, in-person activity into a “casino in your pocket” that is global, frictionless, and available 24/7/365
- The introduction of prediction markets that further blur the lines between gambling and investing.
- How marketing and fan engagement strategies normalize betting as part of sports culture, and have changed the experience of sports fans
- How advanced data and real-time analytics create power and knowledge imbalances between sportsbooks and individual bettors
- How athlete-level data and prop bets raise concerns about game integrity, privacy, and unintended consequences for athletes and competitions