How would the marketplace change once legalized?
Awesome-O!
Member
I've been wanting to pose these questions for awhile now to people here, but seems like a perfect time to discuss as we're getting closer to the inevitability that sports gambling will be legal. Sorry for the list of questions, more topics for discussion.
How long once legalized do you expect a change in existing bettors behavior? Would the local with a PPH be eliminated overnight?
How do you see legalized sports wagering being rolled out when it's legalized?
Would it be limited it to existing card rooms, casinos, horse tracks, etc.?
Would huge companies like Google or others quickly put together an online marketplace?
Brick and mortar Mom & Pop local shops?
Once the court rules states are free to make their own decisions regarding sports betting, how quickly do you think it would be rolled out?
Since Vegas has all the infrastructure in place already, do you think they would just run the books across the country for a cut of the action?
How long once legalized do you expect a change in existing bettors behavior? Would the local with a PPH be eliminated overnight?
How do you see legalized sports wagering being rolled out when it's legalized?
Would it be limited it to existing card rooms, casinos, horse tracks, etc.?
Would huge companies like Google or others quickly put together an online marketplace?
Brick and mortar Mom & Pop local shops?
Once the court rules states are free to make their own decisions regarding sports betting, how quickly do you think it would be rolled out?
Since Vegas has all the infrastructure in place already, do you think they would just run the books across the country for a cut of the action?
Comments
Say it were legalized across the country, how is everyone going to set themselves up so quickly?
Yours Truly
Mr.Doom
The more money can be bet legally, the more possibilities there are for other companies to follow Pinny's model of -high volume, low vig- betting. Hopefully it would be just Pinny entering the marketplace and offer low vig prices. I do not know however whether Pinny is ready to go into the brick-and-mortar business.
In the UK, 1 of the reasons why there are betting shops on every corner is because a betting shop is allowed to have 4 slot machines per location. Those are the actual cash cows for the bookmaking corporations.
Might take another decade for it to be more widespread and when that happened would likely be with -115 lines.
After a few more years, you might reach the point where you could gamble in the US online using either Vegas operations or overseas outfits that would move into the market.
Nothing much to get excited about and the overseas books would probably still dominate in the early years as they screwed everything up with the rollout with excessive juice and stupid restrictions.
Will believe it when I see the conservatives justices not take a stand for Sheldon Adelson.
The only question appears to be how much gambling they are going to allow.
Probably going to leave it to the states to decide. Which depending on where you are at will make a whole lot of difference. I'm in Georgia so will probably be 20 years before we sniff gambling thanks to the bible thumpers.
Same here. I am in Texas which is ruled by the American Taliban so no chance. But once one brick falls, the whole thing starts to go. Texans love to gamble though.
Shocking though that a step may be made.
I really could care less as I know offshore will still be the better deal for years to come.
I really expected the conservatives to try to kill it dead so will be interesting to see how it all unfolds.
R politicians already have a bill ready to fight back if the court opens the door just a little.