• Advertisement

Sports gambling, what it means for sports?

Sports Talk for All Fans !

Sports gambling, what it means for sports?

Postby BamaProud » Mon May 14, 2018 5:15 pm

Its going to be huge. Sports broadcasting, viewing, discussion, analysis, advertising, etc...will be changed forever after the Supreme Court Ruling. I can see gambling analysts added to broadcasts as well as the before and after game discussions. Discussions on how an injuries, the weather and numerous other things changes betting lines. Betting will probably evolve to be as much of a discussion as the X's and O's.

...And its going to happen fast guys! They should be betting in New Jersey within a week, and in maybe a dozen states before the Fall Football season starts.

Heck, we may even see new Television networks developed just to cover gambling (ESPN Gambling?). Can you imagine the advertising dollars? Remember a few years ago when Fan Dual, Draft Kings and the other Fantasy league commercials dominated sports advertising, you ain't seen nothing yet. :super:

Lots of details for individual states to sort out, but within 2-3 years I bet sports gambling will be legal in some form in most states.
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN

Advertisement

Re: Sports gambling, what it means for sports?

Postby nitro_z17 » Mon May 14, 2018 8:07 pm

ah, not a big deal
User avatar
nitro_z17
8 Point
 
Posts: 2070
Joined: Sun Feb 19, 2017 10:13 pm
Location: Crab Orchard, TN

Re: Sports gambling, what it means for sports?

Postby PalsPal » Tue May 15, 2018 7:51 am

I see it resulting in more bankruptcies, divorces, suicides, game fixing, .....

I can see a way that I might benefit though, as I like to buy and resale stuff. Some guys may get in so much trouble that they will practically be giving away guns, etc., to cover their debts.
PalsPal
12 Point
 
Posts: 7158
Joined: Mon Oct 01, 2012 7:19 am
Location: TN

Re: Sports gambling, what it means for sports?

Postby nitro_z17 » Tue May 15, 2018 8:20 am

:rotf:
User avatar
nitro_z17
8 Point
 
Posts: 2070
Joined: Sun Feb 19, 2017 10:13 pm
Location: Crab Orchard, TN

Re: Sports gambling, what it means for sports?

Postby BamaProud » Tue May 15, 2018 8:23 am

PalsPal wrote:I see it resulting in more bankruptcies, divorces, suicides, game fixing, .....

I can see a way that I might benefit though, as I like to buy and resale stuff. Some guys may get in so much trouble that they will practically be giving away guns, etc., to cover their debts.


Gamblers are gambling anyway. With federal/state regulation maybe the shady dealings of bookies won't allow forks to bet (usually on credit) more than they can afford. When legal, I seriously doubt the state is going to let anyone bet on credit the way most illegal bookies do today.

Maybe some of the profit from the 150 billion dollar illegal gambling industry can go toward addressing some of the problems associated with people who can't gamble responsibly.
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN

Re: Sports gambling, what it means for sports?

Postby nitro_z17 » Tue May 15, 2018 8:32 am

Millions and millions of dollars are bet every weekend from Labor Day to the Super Bowl in Tennessee. That’s not changing. Question is whether it is sanctioned/taxed and how much would go to legal shops out of state if it isn’t.
User avatar
nitro_z17
8 Point
 
Posts: 2070
Joined: Sun Feb 19, 2017 10:13 pm
Location: Crab Orchard, TN

Re: Sports gambling, what it means for sports?

Postby BamaProud » Tue May 15, 2018 9:09 am

MS is supposed to have legal Sports betting up and running in 45 days:

https://www.clarionledger.com/story/new ... 607123002/

New Jersey claims it will be ready by the end of the week.
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN

Re: Sports gambling, what it means for sports?

Postby BamaProud » Sun Jul 22, 2018 1:41 pm

Today is the first day Sports Bets are legal in Mississippi. However, the casinos are taking their time getting their Sports Books renovations since there aren't many ongoing sports.

https://www.reuters.com/article/us-usa- ... SKBN1KA2BE
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN

Re: Sports gambling, what it means for sports?

Postby Bone Collector » Mon Jul 23, 2018 3:47 pm

BamaProud wrote:
PalsPal wrote:I see it resulting in more bankruptcies, divorces, suicides, game fixing, .....

I can see a way that I might benefit though, as I like to buy and resale stuff. Some guys may get in so much trouble that they will practically be giving away guns, etc., to cover their debts.


Gamblers are gambling anyway. With federal/state regulation maybe the shady dealings of bookies won't allow forks to bet (usually on credit) more than they can afford. When legal, I seriously doubt the state is going to let anyone bet on credit the way most illegal bookies do today.

Maybe some of the profit from the 150 billion dollar illegal gambling industry can go toward addressing some of the problems associated with people who can't gamble responsibly.


Just playing devils advocate here, but if bookies are letting folks gamble on credit and the state makes it legal, but DOES NOT allow gambling on credit, won't folks just continue to gamble illegally on credit if that is all they have?

I'm sure most folks like me and you would gamble cash (legally) IF we were going to do it at all, but degenerate gamblers are just that and will gamble anyway they can. Making it legal will not put bookies out of business. The legal folks aren't going to them anyway. Also, if they tax it, then the low life's that don't care about anything will gamble with a bookie tax free....

As an FYI I am ok with them legalizing it. I play fantasy FF for money, and used to do pools at work, which are technically gambling.
Semper Fi!
User avatar
Bone Collector
16 Point
 
Posts: 15852
Joined: Wed Sep 09, 2009 8:17 pm
Location: Murfreesboro, TN

Re: Sports gambling, what it means for sports?

Postby BamaProud » Tue Jul 24, 2018 9:29 am

There are always people that are going to still do things illegally (regular gambling, sports gambling, moonshining, sex, selling guns, etc...) but I think, giving a legal option most folks will lean toward the legal option. The legal option protects consumers from shady distributors of ilicit products and services.
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN

Re: Sports gambling, what it means for sports?

Postby BamaProud » Tue Apr 30, 2019 12:37 pm

Yep, that happened fast! (less than a year to be exact)

Tennessee will soon be the first State to legalize Online Sports Gambling.
It passed the Senate this morning and the Governor announced shortly afterwards that he will allow it to become law.

https://www.thestar.com/news/world/us/2 ... -bill.html

Montana, Iowa and Indiana are nearing sports betting decisions and would join six others that switched last year after a U.S. Supreme Court decision allowing it nationwide.
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN

Re: Sports gambling, what it means for sports?

Postby BamaProud » Wed May 08, 2019 8:18 pm

https://www.sportsbusinessdaily.com/SB- ... tting.aspx

In the boldest step taken by a U.S. media company in the sports gambling space, Fox Sports will unveil an app this fall that will allow some domestic consumers to place wagers on sporting events. The move to launch Fox Bet comes as part of a wide-ranging deal Fox signed with The Stars Group that was announced after the market closed today. The plan is to launch two betting products under the Fox Bet umbrella. One is a nationwide free-to-play game that awards cash prizes to people who correctly predict the outcomes of games. The other gives an opportunity to place real money wagers on sporting events in states with legalized gambling.
Save the Little ones for the Little Ones.
Wine-Down Brewing and Winemaking
User avatar
BamaProud
16 Point
 
Posts: 15208
Joined: Sun Apr 03, 2011 5:13 pm
Location: Shelby County, TN


Return to Sports talk

Who is online

Users browsing this forum: buckaroo and 23 guests