• Welcome to OGBoards 10.0, keep in mind that we will be making LOTS of changes to smooth out the experience here and make it as close as possible functionally to the old software, but feel free to drop suggestions or requests in the Tech Support subforum!

Supreme Court Declares PASPA Unconstitional (Sports Betting Is On The Way)

RJKarl said:
Two groups that will benefit from sportsbooks are cops and lawyers. With people staying two, three, five hours, I bet there will be more DUIs and more lawyers to defend those picked up.
Click to expand...

How exactly do cops benefit in that scenario? :tard:
 
PhDeac said:
I could see franchises drawing more interest from casual fans but how could they open up more revenue streams while maintaining the integrity of the game? How do leagues keep officials from making bets when it’s even easier to make bets?

I think the lesser leagues would even get a bigger bump because they could feasible draw new fans.
Click to expand...

The leagues will negotiate "integrity fees" with each state that legalizes sports gambling. Apparently, this is done in Europe with soccer. The NBA has already gone on record asking for 1% of all amounts legally bet on NBA games; they won't get that as the sports books "profit" is only on the "take" (the difference between the amount received from losing bets less the amount paid out on winning bets) not the handle (the total amount bet), but would expect states to agree to pay a percentage of the take to each league. In return the league, will essentially be responsible for making sure the games are not fixed. It's roughly estimated that $150 billion is wagered on US sports illegally a year. Even a small % of billions is a ridiculous amount of money.

Will be interested to see what happens with college sports. This could be another revenue stream for the NCAA and/or the conferences, but there is something "icky" about colleges getting in bed with the sports books, while pro sports leagues don't have that same ethical dilemma.
 
There’s already something icky about the NCAA. They would just be ickier.

If the NCAA had any integrity, this would be the way to pay athletes.
 
Any league who doesn't ask for their percentage of the handle is ridiculous.
 
RJKarl said:
Any league who doesn't ask for their percentage of the handle is ridiculous.
Click to expand...

No state is going to agree to a percentage of the handle (if they do, they will be out of business as a sports book quickly). They might agree to a percentage of the take. That's how it purportedly works at the legal books in the UK.
 
deacz said:
Former casino magnate (aka failure) Donald Trump opposing legalized sports gambling? Not a chance.
Click to expand...

Former casino owner Donald Trump but GREAT President who is Making America Great Again and getting many things accomplished, much to the chagrin of Dems & Fake News media who can't stand it. Deserved Nobel Peace prize also on its way.

But back to the thread--great news on legalized gambling! Opens a huge market & ends a prohibition much like alcohol many years ago.
 
Pilchard said:
No state is going to agree to a percentage of the handle (if they do, they will be out of business as a sports book quickly). They might agree to a percentage of the take. That's how it purportedly works at the legal books in the UK.
Click to expand...

If they get 1% of the handle, they can add it to the vig.

Also Cuban is batshit crazy. Chris Christie was just on OTL. He said there is about $190B in illegal sports betting in the US (about $5B in legal sports betting in NV). Even if the leagues get $100B out of that becoming legal and it doubles to $200B, the leagues would net $2B for their 1%.

Let's say football takes half with baseball and the NBA splitting the rest. The NBA would net $500M. Even if the league took nothing (won't ever happen), each team would get about $16M. That's a nice amount of money, but not enough to make a significant bump in the values of teams.

You can bet all the players' associations will want to re-open CBAs if this happens.
 
If there's anybody who understands English pro soccer, it's RJ.
 
What incentive does a book have to give the leagues a % of the take in the name of making the league responsible for ensuring games aren't fixed? That wouldn't shift any criminal liability off the book and onto the league if there were instances of thrown games, would it? (edit: I'm not sure if league or book even has liability in the first place (assuming they weren't aware or involved) or if it just sits with the player/bettor who threw the game/made the bet/was a conspirator/etc)
 
Last edited:
timthedeac said:
What incentive does a book have to give the leagues a % of the take in the name of making the league responsible for ensuring games aren't fixed? That wouldn't shift any criminal liability off the book and onto the league if there were instances of thrown games, would it? (edit: I'm not sure if league or book even has liability in the first place (assuming they weren't aware or involved) or if it just sits with the player/bettor who threw the game/made the bet/was a conspirator/etc)
Click to expand...

would you place bets if you suspected the games were fixed, but had no insight into which way the fix was in?
 
RJKarl said:
If they get 1% of the handle, they can add it to the vig.

Also Cuban is batshit crazy. Chris Christie was just on OTL. He said there is about $190B in illegal sports betting in the US (about $5B in legal sports betting in NV). Even if the leagues get $100B out of that becoming legal and it doubles to $200B, the leagues would net $2B for their 1%.

Let's say football takes half with baseball and the NBA splitting the rest. The NBA would net $500M. Even if the league took nothing (won't ever happen), each team would get about $16M. That's a nice amount of money, but not enough to make a significant bump in the values of teams.

You can bet all the players' associations will want to re-open CBAs if this happens.
Click to expand...

He's talking more about indirect value of the teams/leagues increasing as people now have more interest and there are more eyes on games. Like fantasy, its value to the team isn't direct revenue stream but keeping huge numbers of people more interested than they otherwise would be.
 
thatguy2016 said:
would you place bets if you suspected the games were fixed, but had no insight into which way the fix was in?
Click to expand...

I'm not convinced anything a league does to prevent fixing would deter an athlete more than the fact that fixing is already a federal crime. But if books are willing to make the payment as a cost of doing business, then I guess some of the league's efforts do work, or other prospective bettors put more faith in them than I do?
 
timthedeac said:
He's talking more about indirect value of the teams/leagues increasing as people now have more interest and there are more eyes on games. Like fantasy, its value to the team isn't direct revenue stream but keeping huge numbers of people more interested than they otherwise would be.
Click to expand...

I don't see this as increasing viewership that much. A person who is going to bet on a Tuesday night game in February is already watching. Most seats at most teams' games are season tix already.

Could sports books open near arenas? Maybe, but that's not going help the leagues that much.
 
RJKarl said:
I don't see this as increasing viewership that much. A person who is going to bet on a Tuesday night game in February is already watching. Most seats at most teams' games are season tix already.

Could sports books open near arenas? Maybe, but that's not going help the leagues that much.
Click to expand...

Disagree. When into betting, I'd check the lines and then if I thought the line on the Nuggets Timberwolves was off, I'd bet the game. Then I'd watch the game, but I'd never watch that matchup if I hadn't bet on it.
 
But you'd likely watch another game.

Online poker can't be far behind.
 
RJKarl said:
I don't see this as increasing viewership that much. A person who is going to bet on a Tuesday night game in February is already watching. Most seats at most teams' games are season tix already.

Could sports books open near arenas? Maybe, but that's not going help the leagues that much.
Click to expand...

I would watch 20% of the football I watch if I wasn't betting on the games.
 
Next at BB&T, you'll be hearing this. "BEAT THE SPREAD, DEACONS, BEAT THE SPREAD."
 
RJKarl said:
But you'd likely watch another game.

Online poker can't be far behind.
Click to expand...

I watch perhaps 33% of the NFL that I used to watch simply by no longer being in a pickem league where the winner gets $75 each week and there were 100 entrants.

Mark Cuban just said the value of all the big 4 sports probably will double. "Its not hard to see where baseball can be fun again"
 
You must log in or register to reply here.
Back
Top