Who should lead push for legal sports betting?
Tortuga
Moderator
http://www.legalsportsreport.com/3022/sports-betting-legalization-push-needs-leader/
I'd like to nominate myself. Tortuga 2016. Any other nominations for a leader?
I'd like to nominate myself. Tortuga 2016. Any other nominations for a leader?
Comments
Kind of an interesting topic. Is there any pros out there who doesn't want it to be legalized? Personally I'm on the fence.
It would depend on how it happens, but would legalization stop bookies anyway? Might take some square action away but there will still be a big demand. Seems like there are a lot of bookies in Vegas.
Wouldn't sportsbooks be getting more square action?
Would need to make friends in 21 other states or maybe call up some forgotten family members. :laughing:
No more discriminating dual lines, no more limits on winning accounts, etc etc. Also payout has to be within 3/5 days.
I'm not seeing many downsides. Widespread legalization could lead to more competitive lines, higher limits and more diverse offerings.
I doubt this gets regulated.
I may be way off but I compare it to - do casinos allow one to count in blackjack?
We live in the same world and with the same government and you don't see any downside. Lets leave well enough alone.
Am I asking too much if the push for legalisation goes accompanied with a push for regulation of the bookies?
No more discriminating dual lines, no more limits on winning accounts, etc etc. Also payout has to be within 3/5 days.
there in the business of making money as you are. IMO you are asking to much but lots of luck. This industry has changed like no other over the past 10/15 years and it's not going to get any better.
Neteller/Pinny
<iframe width="420" height="315" src="https://www.youtube.com/embed/3un5f6qLi_k"; frameborder="0" allowfullscreen></iframe>
My thinking is that it would be similar to marijuana legalization. There's still dealers doing business as usual, but there's also a legal, regulated option. A rising tide lifts all boats.
You don't see the NCAA being open to betting? Wait until every college football stadium in the country has a DraftKings or FanDuel ad plastered on its video boards and along the sidelines. Oh, wait, I keep forgetting that DFS isn't betting.
There will come a point in time where everything needs to be clarified legally in the courts, especially as daily fantasy continues to operate within the fringes as it currently does.
A bit off indeed, here are my arguments:
BlackJack is a game of chance with a negative expected value. How negative depends on the rules imposed by the casino's. By card counting (which is a skill), it's still a game of chance, but now with a positive expected value. I can totally understand why a casino do not allow it.
Poker is a game of skill, just like sportsbetting. Therefore, if you offer a game of skill under certain rules to one crowd, in my opinion, a sports book shouldn't be able to discriminate the group that is more adept than the other. Are they barring Phil Ivey from the table? Negreanu? Hellmuth? No they're actually icons within the poker world.
edit: I doubt it gets regulated too, just can't stand the hypocrisy.
I'm on the fence as well. Way too many questions of how it would be run. After reading many of the proponents in Congress also want to outlaw it online, be careful what you wish for.
I can't see it being done in a manner that would make it real attractive. Maybe at first, but eventually it will be a bunch of Will Hill's that kick you out after making $12.
Offshores would surely be banned, it's not like you could suddenly play at pinny.
The get tons of it in the UK and still ban anyone with a clue.
Why? It's not like this in most places it's regulated in now. The UK ran off pinny, etc. and the big british books are jokes.
This is what i've always thought. The states take 50% handle when they rip off the public in their lotteries. Why would anyone think they would simply keep it at -110, let alone -105.
see Delaware parlays and teasers only..
what the fuck does this even mean?
if its legalized, broke ass degens won't be able to get credit? what an indictment on legalization...LOL
betfair premium charge, thefts, etc.... they might be the biggest criminal book in the world. i'll still with the third world bookies
Can you translate? I guess I'm in the dark as to what you are referencing in regards to betfair...
Why bring this minority group into the scheme of things? Is this part of your peer circle? Credit is essential in most forms of business.
My peer circle? LOL! You don't know me buddy, so don't make derogatory assumptions...
Plenty of pros bet in Vegas without credit. Its only essential if you like playing above your your bankroll - the equivalent to trading stocks on margin. And playing above your bankroll is a very dangerous game to play...
Lots of other reasons for credit besides that.
After reading this again, you weren't so much fearful of of the credit market drying up - it was just thinly veiled liberal bashing.
Maybe one of the good guys like Rubio, Ted Cruz or Lindsey Graham will give you that line of credit...
:idoit:
Scalping / middling? That can be done without credit as well. Its just not as convenient...
What sources r u using?
Futures