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  1. #1
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    Legalizing sports betting- what effect will this have?

    https://www.cbsnews.com/news/with-sp...t-the-jackpot/

    Monday, the Supreme Court ruling basically gives the decision on whether to legalize betting on sports to each individual state. Some states already had a form, others have been ready to go, others have been readying legislation, while others will start that process now.

    The Raiders are moving to Vegas, the Golden Knights in the NHL are doing something no expansion team ever has, Mark Cuban thinks this court decision instantly doubles franchise values.

    What changes do you see happening? Will it just mean virtually the same money is put down on bets, but now more of it legal? Will more people get involved?

    Of higher interest to me personally, what does this do for online gambling? A different court case around 2005 I think had basically killed online poker, but the NFL in particular had poured money into the case to ensure fantasy sports wasn't viewed as gambling, but a game of skill. Daily fantasy sites then popped up and promptly blurred the line again. Does this ruling 'unblur' those lines?

    I'm more than a little interested in how some of you view all this, how you think it might effect leagues, how you think it might effect your own viewing habits, etc.
    gotta love 'referential' treatment

  2. #2
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    I wonder if more players will get caught betting on games that they play in

    Your baby can't do this

  3. #3
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    Quote Originally Posted by jaydubb View Post
    I wonder if more players will get caught betting on games that they play in
    My initial thought was that none of these guys would be that stupid.
    And then I realized that was an extremely stupid thought for me to have.

  4. #4
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    Quote Originally Posted by jaydubb View Post
    I wonder if more players will get caught betting on games that they play in
    The NFL has a policy that prohibits gambling on NFL games regardless of legality. I'm not sure if the NFLPA agreed to that or if it's part of Goodell's wide range of disciplinary power.

    I assume the NFL will make profit off this SCOTUS decision. Why for example wouldn't they start their own sports betting subdivision? They don't have any scruples accepting ad money from the alcohol industry either. At minimum they'll make someone "the official sportsbook of the NFL" and charge for that.

    I'm also sure the issue will be one of many discussed in the next CBA (2021).

  5. #5
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    I hadn't thought about whether/how the leagues would get involved. I had more been thinking why, if the Supreme Court is opening it up, would the federal gov't not want some control and, of course, their piece of the action.

    Do you think it impacts your willingness to place a bet, if it's legal? Are you more apt to do it if you like where the proceeds go in your state? i.e. video lottery proceeds in my state goes towards education

    It was mentioned in another thread that this ruling could save the kickoff- interesting take.
    gotta love 'referential' treatment

  6. #6
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    Quote Originally Posted by SiteWolf View Post
    I hadn't thought about whether/how the leagues would get involved. I had more been thinking why, if the Supreme Court is opening it up, would the federal gov't not want some control and, of course, their piece of the action.

    Do you think it impacts your willingness to place a bet, if it's legal? Are you more apt to do it if you like where the proceeds go in your state? i.e. video lottery proceeds in my state goes towards education
    I think it's going to be like casino gambling and be a state by state handling. It's not going to become a nationwide standard thing. It's going to make it harder for the sports leagues to get involved. It would be nice if they could find a way to get some of the money it could be a great thing, but it's a bit of an uphill climb.

    Quote Originally Posted by SiteWolf View Post
    It was mentioned in another thread that this ruling could save the kickoff- interesting take.
    Yup. It's such a big part of betting. When they lose the kickoff, meaning field position, onsides, and returns; that means the lines would need to adjust to accommodate that. In Vegas these things end up with major implications. I know most people think it's sill that a team down 21 onsides with 1:45 left, and recovers. But from a bettering standpoint, if that like is 17.5, that recovery is a potential huge money shifting based on betting lines.

    PROCESSING

  7. #7
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    A league's 'cut' on this I think will be more indirect....coming from a new advertising base. But they're not the ones in need of money. States are the ones in need of a boost as many state gov'ts have been losing big money from the shift to more and more online buying (and a corresponding lack of those companies properly collecting sales tax)

    I know there's far more impact on betting patterns than I am aware of. Bettors aren't necessarily betting on wins and losses, they're betting on a spread, and individual plays can make for HUGE money swings.
    gotta love 'referential' treatment

  8. #8
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    I'm thoroughly surprised there's not more interest here in talking about this given this place is sponsored by Covers
    gotta love 'referential' treatment

  9. #9
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    Most people seem to be falsely equating "the fed can't ban gambling" with "gambling is now legal". It is a state issue, that will vary from state to state or even city to city.

    Since most blue states/cities push hard to block casinos from building in big cities, the majority of them will try to ban this as well. Either with laws or by refusing to issue permits and other things.

    I mean, NY tried to ban daily fantasy leagues like what, a year ago? The whole DraftKings thing or whatever.




    I think the mobile app space will be the best place for this kind of thing. But the right combination has to happen of an app you're willing to put your credit card into and that gets the critical mass of installed users to function well. With how DraftKings and FanDuel came out of nowhere a few years ago, I expect either they'll make a comeback or new brands will pop up.

    AFAIK both those services had issues though where certain power users were controlling the outcomes though. A sports betting app would have to be big enough to prevent that from happening.
    First 4 years:
    Brown - 54 GP, 27 GS, 261 catches (63.3%) for 3,561 yds (8.6 AVG), 15 TD
    Landry - 64 GP, 57 GS, 400 catches (70.2%) for 4,038 yds (10.1 AVG), 22 TD

    Huh. Wonder why Landry is getting paid so much...

    "Hater" is a term used by weak minded people in the face of legitimate criticism.
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  10. #10
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    Here in NJ illegal gambling will still survive. It's pretty much legal now. Very few prosecutions these days . I know guys that set you up with web sites based in Bahamas and it's just like it's legal. I dont know how they get away with it. But I'm hoping it saves Atlantic City.

  11. #11
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    Quote Originally Posted by Bullseyed View Post
    Most people seem to be falsely equating "the fed can't ban gambling" with "gambling is now legal". It is a state issue, that will vary from state to state or even city to city.

    Since most blue states/cities push hard to block casinos from building in big cities, the majority of them will try to ban this as well. Either with laws or by refusing to issue permits and other things.

    I mean, NY tried to ban daily fantasy leagues like what, a year ago? The whole DraftKings thing or whatever.




    I think the mobile app space will be the best place for this kind of thing. But the right combination has to happen of an app you're willing to put your credit card into and that gets the critical mass of installed users to function well. With how DraftKings and FanDuel came out of nowhere a few years ago, I expect either they'll make a comeback or new brands will pop up.

    AFAIK both those services had issues though where certain power users were controlling the outcomes though. A sports betting app would have to be big enough to prevent that from happening.
    DraftKings and FanDuel basically went completely against what the NFL was looking for when they put money in to ensure fantasy sports would be viewed as a game of skill, not a game of chance (and therefore gambling). You'd be hard pressed to tell me you could put $10 down this afternoon and win $100,000 with it by tonight...and call it skill. That's the type of thing that got them booted out of states like NY.

    But yeah, a big issue with both of them was not just power users, but it was perceived there was just flat cheating by the sites themselves that guaranteed their bots would win a good percentage of the time, so they wouldn't even have to pay out.
    gotta love 'referential' treatment

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