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U.S. States Can Now Legalize/Regulate Sports Betting U.S. States Can Now Legalize/Regulate Sports Betting

05-14-2018 , 10:20 AM
The United States Supreme Court has reversed sports betting prohibitions that have been in place since 1992, when the Professional and Amateur Sports Protection Act (PASPA) was enacted. Until now, Nevada was pretty much the only state where traditional sports wagers could be placed, but states within the U.S. can now regulate and license sports betting activities if they choose to do so.

https://www.supremecourt.gov/opinion...6-476_dbfi.pdf

"Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own. Our job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution. PASPA is not. PASPA “regulate[s] state governments’ regulation” of their citizens, New York, 505 U. S., at 166. The Constitution gives Congress no such power. The judgment of the Third Circuit is reversed.

It is so ordered.
"
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05-14-2018 , 10:22 AM
SeemsGood
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05-14-2018 , 10:42 AM
what are the implications for legal online poker?
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05-14-2018 , 10:43 AM
It will be interesting to see which states legalize sports betting. I am guessing that Florida and California definitely will.
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05-14-2018 , 11:01 AM
Quote:
Originally Posted by Rococo
It will be interesting to see which states legalize sports betting. I am guessing that Florida and California definitely will.
New York also looked like they are on their way as well, at least from what I heard before this ruling was overturned
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05-14-2018 , 11:04 AM
I heard 13 states were ready to go forward pending favorable decision.

CA not one of those but I got them -1000 to get some form implemented by 2020.
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05-14-2018 , 12:35 PM
Quote:
Originally Posted by Clayton
what are the implications for legal online poker?
So much this. But even if it just brings in more fish to the card rooms and casinos, it's something.
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05-14-2018 , 12:54 PM
Quote:
Originally Posted by Clayton
what are the implications for legal online poker?
Feel it’s good for online poker. Still going to take a lot of time though
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05-14-2018 , 01:28 PM
I know CT has said they will jump in but our crooked government leaders are constantly fighting to see who gets their pockets lined the most. It might be a while here
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05-14-2018 , 02:09 PM
Quote:
Originally Posted by Rococo
It will be interesting to see which states legalize sports betting. I am guessing that Florida and California definitely will.
http://www.espn.com/chalk/story/_/id...sports-betting
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05-14-2018 , 03:52 PM
Quote:
Originally Posted by ligastar
Interesting. Massachusetts has been very pro-gambling lately but I'd be surprised if didn't take YEARS for them to figure out the regulations on such things - although Draft Kings might have some sway (money to throw around) to push it faster
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05-14-2018 , 04:20 PM
I haven't been to SB for a long time. Just dropped by to say "LOL Massachusetts".
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05-14-2018 , 05:17 PM
Also posted on NVG:

Now that pointspreads can be totally acknowledged as a real thing rather than pretending to semi ignore it, there is the problem of last minute scores and things of that nature that presently are at the discretion of the coach, that will come under scrutiny. Presently he can claim that he pays no attention to such things but it will no longer be as easy to do that.

Obviously one solution would be to stick to money lines but that isn't really feasible for mismatches (or totals betting)

I have some solutions and am thinking up other ones but am not quite ready to mention them yet. But I did want to bring up the issue and hear what you think.
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05-14-2018 , 05:39 PM
Most bettors don't even care what the spread is, they just want action on Dallas or Duke. Pretty sure coaches have other things on their mind for eog situations. Plus, point-shaving is still a federal crime, so, you know.

PA wants a 35% tax on gross revenues, lol. Way to have passed the legislation yet ensure no one will offer the product. And politicians wonder why voters hate them.
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05-14-2018 , 06:18 PM
Quote:
Originally Posted by NajdorfDefense
Most bettors don't even care what the spread is, they just want action on Dallas or Duke. Pretty sure coaches have other things on their mind for eog situations. Plus, point-shaving is still a federal crime, so, you know.

PA wants a 35% tax on gross revenues, lol. Way to have passed the legislation yet ensure no one will offer the product. And politicians wonder why voters hate them.
They tax slot machine revenue at 54% (and generate the highest gaming revenue of any state). Market is healthy.

I'm not sure why someone wouldn't offer it.
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05-14-2018 , 07:07 PM
DS,

Why do you think you're qualified to ruminate on this subject when your published works show an inability to even caluclate the most basic math necessary for sports betting?

Glad to see you back here. Maybe you can fix your literature this round.
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05-14-2018 , 07:20 PM
Quote:
Originally Posted by David Sklansky
Also posted on NVG:

Now that pointspreads can be totally acknowledged as a real thing rather than pretending to semi ignore it, there is the problem of last minute scores and things of that nature that presently are at the discretion of the coach, that will come under scrutiny. Presently he can claim that he pays no attention to such things but it will no longer be as easy to do that.

Obviously one solution would be to stick to money lines but that isn't really feasible for mismatches (or totals betting)

I have some solutions and am thinking up other ones but am not quite ready to mention them yet. But I did want to bring up the issue and hear what you think.
Thanks for the insight, David. Am looking forward to your proposed solutions once you're ready.

As far as analysis on how this will affect the chances of online poker, I have some thoughts as well but admittedly I'm not nearly as competent with sports betting legislation material as I am with online poker/casino measures. I'm also not sure how many states might combine sports betting and iPoker proposals in an effort to get both passed asap.

From the GeoComply cast I listened to earlier today, the panel members were saying that the SCOTUS ruling represents a "critical step" towards statewide legalization, but that questions surrounding dealmaking between professional sports leagues, tribal interests, and commercial iGaming stakeholders still remain, and could still significantly hinder legalization efforts in a number of states.
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05-15-2018 , 04:37 AM
I reject your premise entirely, DS. Leagues will continue to pretend. Coaches will continue to not give a whit about the spread.
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05-15-2018 , 09:18 AM
old people lol
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05-15-2018 , 10:30 AM
Quote:
Originally Posted by youtalkfunny
I reject your premise entirely, DS. Leagues will continue to pretend. Coaches will continue to not give a whit about the spread.
Leagues won't pretend it's not out there. The NBA was at the forefront of pushing for this to be legalized. The leagues are going to be taking a piece of the profits.
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05-15-2018 , 11:50 AM
Quote:
Originally Posted by mavsfan4ever
Leagues won't pretend it's not out there. The NBA was at the forefront of pushing for this to be legalized. The leagues are going to be taking a piece of the profits.
The leagues HOPE to be taking a piece of the profits but what they deserve is nothing and I would think at least a few states would agree because if the states aren't competitive with online and local barroom books there won't be much tax revenue generated.
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05-15-2018 , 12:29 PM
Quote:
Originally Posted by mavsfan4ever
Leagues won't pretend it's not out there. The NBA was at the forefront of pushing for this to be legalized. The leagues are going to be taking a piece of the profits.
there isn't a workable biz model if the leagues get a percentage.

or rather, the bettor won't be able to make a profit if the leagues get a piece of the pie. an analogy would be the way PokerStars has gone the past few years ... where the "bettor" isn't able to make a living anymore.
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05-15-2018 , 01:46 PM
The league or teams will get a piece of the pie on sponsorship deals.

it's that way where betting is already legalized.

i don't know where you guys get those crazy ideas.
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05-15-2018 , 01:55 PM
I don't understand how the leagues have any leverage to make demands. I saw in the Wall Street Journal some spokesperson floated a story about intellectual property, which is not going to impress.
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05-15-2018 , 02:11 PM
Quote:
Originally Posted by PaiDaMorte
The league or teams will get a piece of the pie on sponsorship deals.

it's that way where betting is already legalized.

i don't know where you guys get those crazy ideas.
i'm confused... what does getting sponsorship dollars have to do with getting a percentage of dollars wagered?
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