Great article by Bleacher Report about Sports Betting... For those that don't know... I was the one who hired Tim Donaghy after the scandal and made a lot of money off his information...

Posted by Danny B Sports

What are the odds LeBron James scores 10 points in a game when guarded by Jimmy Butler?

Will the Clippers score 20 points in the paint when Dwight Howard is on the court?
What are you willing to wager that the Hawks shoot 40 percent from the baseline corner against the Wizards?
Those questions pose not only the topics of some granular NBA debates, but also the future of the sport for the millions attending games. For those are the sorts of questions many might be wagering on nightly should sports betting become federally legalized throughout the U.S. and the NBA develops a wagering structure for fans in arenas and at home.
"It's pretty simple—just look around the world to see where betting is legal," Mavericks owner Mark Cuban told Bleacher Report. "That's what we will be doing, and then as technology gets better, we will invent new things. Something that is also important: The NBA is in more countries where betting is legal than where it is not."
Indeed, B/R has learned, through sources involved with the situation, that the NBA has been in recent negotiations with several global sports betting companies, which include but are not limited to Bwin.party and William Hill. One of them could soon become the league's official partner in Europe's regulated markets, which allows for betting on American pro sports.
"The NBA has seen the success that English Premier League soccer clubs have had with sports betting operators, and they're following that same model," a source with knowledge of the discussions said. "They've seen the naming rights and the size of those deals, and they understand that it's an opportunity to open up another revenue stream overseas, in the hundreds of millions of dollars."

The simple fact that the NBA, which declined official comment on the potential deal, is in these discussions is noteworthy. For more than two decades—after Congress passed the Professional and Amateur Sports Protection Act in 1992 prohibiting almost all states from authorizing sports betting—the league has opposed the expansion of legalized sports betting, and only eight years ago it dealt with the Tim Donaghy referee scandal.

Louis Lanzano/Associated Press

Disgraced ex-NBA referee Tim Donaghy during his 2008 trial.

The agreement is projected to be finalized later this summer for the start of next season as a multiyear, multimillion-dollar sponsorship deal, according to a source with knowledge of the discussions. It would include cross-platform branding on the NBA's European broadcasts and the sports betting company's sportsbooks. For example, the NBA and sports betting company would be able to have logo placement on each other's television, media and other promotional properties.
Since last fall, the NBA—led by commissioner Adam Silver—has put on a full-court press in the sports betting arena, more so publicly than any other American major professional sports league. Silver stirred up the conversation on regulating sports betting last October in an interview with B/R's Howard Beck (video below). Silver also wrote an op-ed piece in The New York Times on Nov. 13, 2014, just one day after the NBA announced an equity partnership with FanDuel, the No. 1 daily fantasy sports company that offers prizes—the first deal of its kind involving a pro sports league.
And while Silver's internal task force continues to explore the potential for legalization of sports betting, he inspired an entire panel on the topic at February's MIT Sloan Sports Analytics Conference.  
"This is not something that came out of the blue in any way," said Dan Spillane, the NBA's‎ vice president and assistant general counsel, at the Sloan conference. "This is something that we had been studying for some time. We've had conversations with people in the gaming industry, with sports representatives from other countries where sports betting is legal. We've done a lot of homework on this issue leading up to [Silver's] public position."