Betting Talk

Commissioner Adam Silver: Sports Betting is Inevitable

cpech56cpech56 Senior Member
edited September 2014 in Sports Betting
Interested to hear some thoughts from some of you guys.

http://m.espn.go.com/wireless/story?storyId=11466692

Comments

  • RightAngleRightAngle Admin
    edited September 2014
    Figuring out a way for the leagues to get a piece of the action is a key component IMO, so some acknowledgement from them is a good first step.
  • white broncowhite bronco Member
    edited September 2014
    The leagues have always had an interest in sports betting legalization, for much the same reason that they have an interest in fantasy football. The leagues at present can profit off fantasy football - either directly or indirectly - and therefore they'll do anything possible to foster its growth. At last check, all the major sports sites operate fantasy games, including NFL.com.

    What the leagues can't do at present is profit off sports betting (at least not directly), and until they can figure out how, I doubt there will be any real urgency to get anything done.
  • Obi OneObi One Senior Member
    edited September 2014
    Black betting market in the US is estimated at 350 Billion a year.
    In England, where sports betting is legal, more money is bet on the British Open than on the Superbowl in the US.
    Legalization would mean more money for government and leagues. A small bet can increase even the dumbest match ups in a must-follow event. More viewers that stay tuned in means higher income from ads, and so forth....... money monie monni....show me the money $$$$$$

    Inevitable
    Easy
  • Obi OneObi One Senior Member
    edited September 2014
    white bronco wrote: »
    What the leagues can't do at present is profit off sports betting (at least not directly), and until they can figure out how, I doubt there will be any real urgency to get anything done.

    NBA allows for stadium sponsorships from casino's and betting sites
  • white broncowhite bronco Member
    edited September 2014
    Obi One wrote: »
    NBA allows for stadium sponsorships from casino's and betting sites

    I've seen casino advertising, but never from betting sites.

    Which betting sites, out of curiosity?
  • Obi OneObi One Senior Member
    edited September 2014
    white bronco wrote: »
    I've seen casino advertising, but never from betting sites.

    Which betting sites, out of curiosity?

    Would have to look back the article. Have not seen betting sites myself, casino's yes. Maybe I'm misquoting Silver here. Let's leave it in the middle.
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