The NFL’s concern is not primarily directed at standard contracts on which team will win a game or championship. Its attention is on narrower markets that may create greater opportunities for manipulation, misuse of non-public information or inappropriate pressure on individual participants.
Examples include whether a kicker will miss a field goal, a quarterback’s first pass will be incomplete, a receiver’s first target will be incomplete or a running back will gain fewer than a specified number of yards on a first attempt. Each contract can be settled by one action involving a limited number of people.
Such markets may offer frequent engagement, but their specificity also raises integrity concerns. A full-game result reflects many decisions and performances. A contract based on one action may be easier to influence or may create the perception that a player has an incentive to affect the outcome.
According to ABC News, the league expressed the risk directly in its latest letter:
Continuing to list these objectionable contracts threatens the underlying integrity of our games.