Legal online sports betting has been a boon to sports leagues and teams. So even after this week's arrests of an NBA coach and current player, those sponsorship deals aren't likely to end. Gabby Jones/Bloomberg/Getty Images

American sports suffered another black eye after the arrests this week of an NBA coach and a current NBA player for their alleged ties to illegal sports betting and rigged poker games.

It’s the latest example of gambling and players breaking the rules. But for those who think this means leagues and teams will step back from their ties to sports gaming apps, here are four words for you: don’t bet on it.

Direct sponsorship deals between various legal sports books and the top American sports leagues are worth billions of dollars spread over several years and likely mo

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