ByAntonio Pequeño IV,
Forbes Staff.
The NFL issued a memo Thursday saying it will “limit — and where possible [prohibit] altogether — prop bets” in the league, according to multiple outlets, clamping down on pre-existing gambling policies after the MLB announced wager limits on certain props amid a string of betting scandals that have shaken the sports world.
The NFL memo was sent to team officials and said the league has “actively engaged with both state lawmakers and regulators” to limit and ban certain prop bets, according to ESPN, with the memo going over a range of already prohibited wager categories.
Prop bets, short for proposition bets, are wagers not directly tied to the outcome of a game, and can instead be tied to specific milestones or performance outcomes for teams or individual players.
