Two Plus Two Publishing LLC
Two Plus Two Publishing LLC
 

Go Back   Two Plus Two Poker Forums > >

Notices

Sports Betting Discussions related to wagering on sporting events.

Reply
 
Thread Tools Display Modes
Old 05-14-2018, 10:20 AM   #1
dhubermex
journeyman
 
Join Date: Aug 2010
Location: Mexico City
Posts: 298
U.S. States Can Now Legalize/Regulate Sports Betting

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.
"
dhubermex is offline   Reply With Quote
Old 05-14-2018, 10:22 AM   #2
GoDeViLs
veteran
 
GoDeViLs's Avatar
 
Join Date: Dec 2010
Posts: 3,342
Re: U.S. States Can Now Legalize/Regulate Sports Betting

SeemsGood
GoDeViLs is offline   Reply With Quote
Old 05-14-2018, 10:42 AM   #3
Clayton
Carpal \'Tunnel
 
Clayton's Avatar
 
Join Date: Oct 2004
Location: San Diego
Posts: 30,639
Re: U.S. States Can Now Legalize/Regulate Sports Betting

what are the implications for legal online poker?
Clayton is offline   Reply With Quote
Old 05-14-2018, 10:43 AM   #4
Rococo
Carpal \'Tunnel
 
Rococo's Avatar
 
Join Date: Jul 2004
Posts: 7,128
Re: U.S. States Can Now Legalize/Regulate Sports Betting

It will be interesting to see which states legalize sports betting. I am guessing that Florida and California definitely will.
Rococo is offline   Reply With Quote
Old 05-14-2018, 11:01 AM   #5
wrapdraw
centurion
 
Join Date: May 2012
Posts: 187
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by Rococo View Post
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
wrapdraw is offline   Reply With Quote
Old 05-14-2018, 11:04 AM   #6
PokerHero77
grinder
 
Join Date: Oct 2008
Posts: 587
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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.
PokerHero77 is offline   Reply With Quote
Old 05-14-2018, 12:35 PM   #7
Mrage
Pooh-Bah
 
Mrage's Avatar
 
Join Date: Sep 2006
Location: Jacksonville, FL
Posts: 4,908
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by Clayton View Post
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.
Mrage is offline   Reply With Quote
Old 05-14-2018, 12:54 PM   #8
Jkpoker10
adept
 
Join Date: May 2012
Posts: 962
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by Clayton View Post
what are the implications for legal online poker?
Feel it’s good for online poker. Still going to take a lot of time though
Jkpoker10 is offline   Reply With Quote
Old 05-14-2018, 01:28 PM   #9
jh12547
Pooh-Bah
 
jh12547's Avatar
 
Join Date: Dec 2006
Posts: 4,355
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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
jh12547 is offline   Reply With Quote
Old 05-14-2018, 02:09 PM   #10
ligastar
Carpal \'Tunnel
 
ligastar's Avatar
 
Join Date: Jun 2004
Location: #TEAMGOAT
Posts: 18,290
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by Rococo View Post
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
ligastar is offline   Reply With Quote
Old 05-14-2018, 03:52 PM   #11
coyne_money
newbie
 
Join Date: Feb 2014
Posts: 43
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by ligastar View Post
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
coyne_money is offline   Reply With Quote
Old 05-14-2018, 04:20 PM   #12
youtalkfunny
dumbest smart person his mom knows
 
youtalkfunny's Avatar
 
Join Date: Oct 2002
Location: I can't believe it, either!
Posts: 21,405
Re: U.S. States Can Now Legalize/Regulate Sports Betting

I haven't been to SB for a long time. Just dropped by to say "LOL Massachusetts".
youtalkfunny is offline   Reply With Quote
Old 05-14-2018, 05:17 PM   #13
David Sklansky
Administrator
 
David Sklansky's Avatar
 
Join Date: Aug 2002
Posts: 14,555
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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.
David Sklansky is offline   Reply With Quote
Old 05-14-2018, 05:39 PM   #14
NajdorfDefense
Carpal \'Tunnel
 
NajdorfDefense's Avatar
 
Join Date: Feb 2003
Location: Looking forward to AA
Posts: 16,312
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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.
NajdorfDefense is offline   Reply With Quote
Old 05-14-2018, 06:18 PM   #15
Parlay Slow
Carpal \'Tunnel
 
Parlay Slow's Avatar
 
Join Date: Nov 2003
Location: Atlanta
Posts: 8,030
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by NajdorfDefense View Post
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.
Parlay Slow is offline   Reply With Quote
Old 05-14-2018, 07:07 PM   #16
Mihkel05
banned
 
Join Date: Jul 2015
Posts: 4,835
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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.
Mihkel05 is offline   Reply With Quote
Old 05-14-2018, 07:20 PM   #17
dhubermex
journeyman
 
Join Date: Aug 2010
Location: Mexico City
Posts: 298
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by David Sklansky View Post
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.
dhubermex is offline   Reply With Quote
Old 05-15-2018, 04:37 AM   #18
youtalkfunny
dumbest smart person his mom knows
 
youtalkfunny's Avatar
 
Join Date: Oct 2002
Location: I can't believe it, either!
Posts: 21,405
Re: U.S. States Can Now Legalize/Regulate Sports Betting

I reject your premise entirely, DS. Leagues will continue to pretend. Coaches will continue to not give a whit about the spread.
youtalkfunny is offline   Reply With Quote
Old 05-15-2018, 09:18 AM   #19
lvr
old hand
 
Join Date: Apr 2012
Posts: 1,885
Re: U.S. States Can Now Legalize/Regulate Sports Betting

old people lol
lvr is offline   Reply With Quote
Old 05-15-2018, 10:30 AM   #20
mavsfan4ever
adept
 
Join Date: Dec 2010
Posts: 1,191
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by youtalkfunny View Post
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.
mavsfan4ever is offline   Reply With Quote
Old 05-15-2018, 11:50 AM   #21
kdog
Pooh-Bah
 
Join Date: Sep 2002
Location: Losing leads late
Posts: 3,829
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by mavsfan4ever View Post
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.
kdog is offline   Reply With Quote
Old 05-15-2018, 12:29 PM   #22
ligastar
Carpal \'Tunnel
 
ligastar's Avatar
 
Join Date: Jun 2004
Location: #TEAMGOAT
Posts: 18,290
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by mavsfan4ever View Post
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.
ligastar is offline   Reply With Quote
Old 05-15-2018, 01:46 PM   #23
PaiDaMorte
grinder
 
PaiDaMorte's Avatar
 
Join Date: Jun 2007
Location: trying to be better
Posts: 623
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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.
PaiDaMorte is offline   Reply With Quote
Old 05-15-2018, 01:55 PM   #24
bgordon
adept
 
Join Date: Jun 2012
Posts: 872
Re: U.S. States Can Now Legalize/Regulate Sports Betting

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.
bgordon is offline   Reply With Quote
Old 05-15-2018, 02:11 PM   #25
ligastar
Carpal \'Tunnel
 
ligastar's Avatar
 
Join Date: Jun 2004
Location: #TEAMGOAT
Posts: 18,290
Re: U.S. States Can Now Legalize/Regulate Sports Betting

Quote:
Originally Posted by PaiDaMorte View Post
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?
ligastar is offline   Reply With Quote

Reply
      

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


Forum Jump


All times are GMT -4. The time now is 05:07 AM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright © 2008-2017, Two Plus Two Interactive
 
 
Poker Players - Streaming Live Online