NBA tightens betting rules, develops AI to flag suspicious wagers
The NBA is tightening restrictions on bets and deploying AI to help identify suspicious wagering, according to two documents obtained by CNBC.
TL;DR
- The NBA is restricting specific bets, such as those on the first player to score or on players expected to play limited minutes.
- An internal AI-based monitoring platform has been developed to analyze basketball data and betting patterns to detect suspicious activity.
- The league is increasing education and training on sports betting for players, including rookies, and staff.
- New measures are in place to protect players and personnel from harassment by sports bettors, including updates to the NBA Fan Code of Conduct.
- The NBA is seeking greater access to wagering data and more control over betting markets.
- Commissioner Adam Silver advocates for a national framework for federal regulation of sports betting.