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CS85

Degenerate Gamblers Celebrate

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https://www.nbcnews.com/politics/supreme-court/supreme-court-allows-sports-betting-across-country-n868956

 

The U.S. Supreme Court acted Monday to bust Nevada's monopoly on legal sports betting, allowing more states to get in on the action and reap the tax benefits.

 

The court struck down a federal law that required states to ban gambling on the outcome of sporting events. The Professional and Amateur Sports Protection Act was highly unusual: it did not ban sports gambling nationwide as a matter of federal law, but it said the states were not allowed to permit it.

 

 

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I've been using betonline.ag for months.

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27 minutes ago, ltp74 said:

This ruling is the biggest reason the AAF and XFL2.0 are starting up.

And what's kept the Arena Football League's current incarnation alive the past three years.

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5 hours ago, CS85 said:

https://www.nbcnews.com/politics/supreme-court/supreme-court-allows-sports-betting-across-country-n868956

 

The U.S. Supreme Court acted Monday to bust Nevada's monopoly on legal sports betting, allowing more states to get in on the action and reap the tax benefits.

 

The court struck down a federal law that required states to ban gambling on the outcome of sporting events. The Professional and Amateur Sports Protection Act was highly unusual: it did not ban sports gambling nationwide as a matter of federal law, but it said the states were not allowed to permit it.

 

 

its about time too.

 

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Does this mean we're about to get bombarded with FanDuel/DraftKings commercials on every network like we did a few years back?

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1 hour ago, Tracy Jordan said:

Does this mean we're about to get bombarded with FanDuel/DraftKings commercials on every network like we did a few years back?

No, not at all. This will be much more pervasive.

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If there's a sports commissioner that should be happy about this ... it's Gary BETtman. 

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Hasn't Adam Silver already said the NBA was considering placing gambling kiosks in the arenas which the league would get a percentage of all the bets placed? Could be a little off on that.

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40 minutes ago, 4_tattoos said:

Hasn't Adam Silver already said the NBA was considering placing gambling kiosks in the arenas which the league would get a percentage of all the bets placed? Could be a little off on that.

Adam Silver has been a key driving force on the pro sports side, but yes, the NBA wants 1% of all NBA bets taken as a "integrity fee". 

 

The gaming industry doesn't like such a proposal as they claim that 1% off the top ends up reducing their profit unfairly and thus what they pay the state in taxes as it's not tied to revenue. That's also why few states are giving in to such a fee.

 

Read this regarding the pros/cons of such a fee.

https://www.legalsportsreport.com/integrity-fee/

 

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We all know who's behind this....

 

Biff Tannen.

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Not sure why Andy is coming in so hot on gambling in sports. It's been done since people were feeding Christians to lions, so why the outrage now? I don't gamble - think it's a waste of money - but if some kind of app or embedded TV function would allow me to place a $5 or $10 bet on a game down the road, I may try it out. 

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People should be able to enjoy their vices as long as it only directly harms themselves.  Even if the vice is dumb like gambling.

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"Integrity fees" are a shakedown and are never happening without intense lobbying (you know, bribes) from the leagues

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As DC sets to have their lottery be a sportsbook via and app, Sens. Hatch and Schumer look to have a Federal sports gambling bill introduced to the Senate.

 

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Sens. Hatch and Schumer laid out their key goals in a joint announcement also distributed on Wednesday. Among many other things, the Sports Wagering Market Integrity Act of 2018 would:

Permit states to authorize online sports wagering to provide a regulated alternative to the illegal, offshore market;

Prohibit sports wagers on amateur sporting events except the Olympics and college sports;

Establish [a process] to request [to] restrict certain sports wagers when necessary to protect contest integrity;

Prohibit sports wagering by individuals younger than 21; athletes, coaches, officials, and others associated with sports organizations; and individuals convicted of certain federal crimes related to sports wagering;

Require that sports wagering operators use data provided or licensed by sports organizations to determine the outcome of sports wagers through 2024, and set requirements for data used thereafter;

Provide a process whereby states may compact with each other to [permit] interstate sports wagering;

Designate a non-profit National Sports Wagering Clearinghouse to, inter alia, receive and share anonymized sports wagering data and suspicious transaction reports among sports wagering operators, state regulators, sports organizations, and federal and state law enforcement;

Update the Wire Act to permit certain interstate sports wagers, while also providing additional enforcement authorities such as a state cause of action and a new mechanism for the Department of Justice to target unlicensed, offshore sports wagering websites

 

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What exactly are they doing banning bets on amateur events except the amateur events people care about? Is it to protect high school football?

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When Draft Kings has its first ever "DraftKings Sports Betting Championship....of course, it doesn't work out well

 

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On the final day, the New England Patriots were beating the San Diego Chargers badly, and would go onto win handily.

 

But the game, which started at 1:05 p.m. Eastern time, took a long time to wrap up, so much so it nearly overlapped with the game between the Philadelphia Eagles and New Orleans Saints, which was slated to start at 4:40 pm. Eastern. (The first game ended just a few minutes for the second.)

 

So what does all that have to do with the SBNC? Well, bettors could only place wagers involving the two NFL games. And no wagers could be placed after the start of the second game. Some players, including bettors at and near the top of the leaderboard, had their entire bankrolls in play on the Patriots game.

 

That meant the money was locked up, in some cases, after the start of the Eagles-Saints game. Bets on the Patriots were in some cases were quickly settled in the DraftKings system, but money was not credited to some players in time to wager on the late game.

 

One of those players was a pro bettor, Rufus Peabody — user name “Opti5624” — who ended up finishing the contest in third place. He wagered his entire available bankroll on the Patriots to cover a 3.5-point spread, which they did. He was not credited with the winnings until later:

1

 

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