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Old 05-16-2018, 07:09 PM   #51
lvr
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by Kelhus99 View Post
I dunno if fixing will be the problem per se. I think it more likely at the end of garbage time in an already determined game players and coaches might make decisions influenced by the spread, being more aware of what the spread is and that a % of fans that root for their team bet on them, and people will be angry at them if they don't cover when they could have.

Maybe if you are up 5 knowing the spread is 6 and running out the clock you do that last second layup where you wouldn't have before.
So this is what he is afraid of?

lol.
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Old 05-16-2018, 07:35 PM   #52
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

DS, that is really stupid for obvious reasons. You basically know nothing about the subject so why bother to pontificate other than to collect a paycheck from someone who knows even less than you while fear mongering?

lvr,

Kelhus is a known troll. Listening to him ramble about sports betting as if he had a clue is pretty ridiculous.

As if people don't know the spreads already. They've been published in papers for decades and ESPN publishes them on the games. This is complete idiocy for thinking somehow a pro athlete "won't know". Please see Jordan's comments/etc for evidence.
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Old 05-16-2018, 11:30 PM   #53
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

The real issue is getting an unfair edge in a game requires knowledge before the game starts, which would never hinge on some 1 point setup with 6 seconds left.
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Old 05-17-2018, 03:07 AM   #54
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

he might be trolling but what about this guy

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Originally Posted by David Sklansky View Post
People are misunderstanding me. I am not suggesting a coach would try to "fix" a game to win a bet. But he might be thinking of his fan's bets or at least people might suspect that he is. And yes that is probably already happening. But the announcers haven't been bringing up the subject. This will probably change if legalized betting becomes widespread.

And every once in a while situations will come up where a decision is of little importance except as to how it changes bettor's outcomes. When it happens nowadays few viewers of a game even realize it and the bettors on the losing end tend to swallow it. But if announcers start second guessing decisions that affect pointspread outcomes it would be better if some rules were in place to avoid most of those situations.

(Also, my comments obviously only pertain to those games where it is clear which side wins in spite of the line movements that may have occurred.)
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Old 05-17-2018, 06:04 AM   #55
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

The betting market cant be overloaded with an amount that would make fixing NBA players possible.
College Basketball will suffer

Kelhus99 lol
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Old 05-17-2018, 06:37 AM   #56
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

lvr,

He can't even complete basic computations for a no-vig line after numerous corrections, why would anyone think that is true? Aside from the fact he is willfully distorting the facts since announcers will comment on a team down 17 making a last second TD to backdoor saying, "And that score will make a lot of people sitting at home unhappy." Are you really autistic enough to think that is meaningfully different than, "That TD covered the spread for all dog bettors."

It is a special brand of arrogance and borderline autism to pull that off.
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Old 05-17-2018, 08:26 PM   #57
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

Curious: is anyone here in a consultancy or principal role in getting sports betting up and running in USA?

Seems to me states would (should) be looking for people with knowledge of the subject, that is to provide a reasonably attractive product to costumers that is not a complete ripoff.
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Old 05-18-2018, 12:46 AM   #58
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by Clayton View Post
what are the implications for legal online poker?
None as it’s legal now.
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Old 05-18-2018, 01:08 AM   #59
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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I agree that their lobbyists will be able to exert some influence, but the NBA is asking for 1% of every bet. That's money the states can take for themselves, so it's a direct cost to them. That's not the case with some horse racing carve out.

You are right that there are a lot of handouts given by state and local governments, but a team has to threaten to move to get them.
This is why the sports leagues lobbyists will take their money and be going directly to Congress and not to the States.
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Old 05-18-2018, 01:53 AM   #60
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by PokerHero77 View Post
Curious: is anyone here in a consultancy or principal role in getting sports betting up and running in USA?

Seems to me states would (should) be looking for people with knowledge of the subject, that is to provide a reasonably attractive product to costumers that is not a complete ripoff.
lol are you serious?
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Old 05-18-2018, 07:15 AM   #61
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by Mihkel05 View Post
a special brand of arrogance and borderline autism
almost like he's a professional poker player or something

Quote:
Originally Posted by PokerHero77 View Post
Curious: is anyone here in a consultancy or principal role in getting sports betting up and running in USA?

Seems to me states would (should) be looking for people with knowledge of the subject, that is to provide a reasonably attractive product to costumers that is not a complete ripoff.
more likely, they'll be looking to provide a product to clients which appears to be reasonably attractive but is actually a complete ripoff.
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Old 05-20-2018, 09:53 PM   #62
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

I wonder how many new states offering in-game betting will be doing it from TV and getting killed by live bettors at the game before they figure it out. Should be a fun first few days I'd guess at least a couple places.
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Old 05-20-2018, 10:04 PM   #63
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Setting up a partnership is not the same as protected IP. The courts have already ruled that sports stats, chess games/moves, et al are public domain. This isn't the first rodeo with the leagues getting angry someone else is making money off the stats of the games.

In a case that was filed in 2007, MLB along with MLBPA, NBA, NFL, NHL, WNBA, NASCAR, PGA lost their lawsuit at the District Court level and that ruling was upheld by the 8th Circuit Appeals Court. DC granted summary judgement and The Appeals Court actively affirmed the rights of anyone to use the names and stats.

Obviously, there are 1A issues at stake if I'm watching a Cubs game and cannot say/write/publish that Rizzo just hit a dinger and who he plays for, and off whom, and who scored, ad infinitum.
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Old 05-21-2018, 02:31 PM   #64
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by NajdorfDefense View Post
Setting up a partnership is not the same as protected IP. The courts have already ruled that sports stats, chess games/moves, et al are public domain. This isn't the first rodeo with the leagues getting angry someone else is making money off the stats of the games.

In a case that was filed in 2007, MLB along with MLBPA, NBA, NFL, NHL, WNBA, NASCAR, PGA lost their lawsuit at the District Court level and that ruling was upheld by the 8th Circuit Appeals Court. DC granted summary judgement and The Appeals Court actively affirmed the rights of anyone to use the names and stats.

Obviously, there are 1A issues at stake if I'm watching a Cubs game and cannot say/write/publish that Rizzo just hit a dinger and who he plays for, and off whom, and who scored, ad infinitum.
So are you claiming I can publish Shotlink data without fear of cease and desist?
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Old 05-21-2018, 07:18 PM   #65
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

Maybe read slower next time, champ.
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Old 05-21-2018, 08:25 PM   #66
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by NajdorfDefense View Post
The courts have already ruled that sports stats, chess games/moves, et al are public domain.
Quote:
Maybe read slower next time, champ.
Solid bro.
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Old 05-22-2018, 03:41 AM   #67
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

read the rest of it
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Old 05-22-2018, 11:23 AM   #68
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

you guys are all the worst
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Old 05-22-2018, 03:21 PM   #69
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

PGA Tour has full right to sell/license its golf scores/shotlink data the same as they have to sell rights to their TV broadcasts.

The link above related to MLB and fantasy sports, and first amendment rights of information freely available in the public domain. Not applicable.
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Old 05-23-2018, 06:47 AM   #70
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

How does sportsbet tax work?

Do you only get taxd on your profit?
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Old 05-23-2018, 02:44 PM   #71
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

**** paying leagues a fee. They'll already benefit by having way more viewers.

Quote:
Originally Posted by bjornb View Post
The real issue is getting an unfair edge in a game requires knowledge before the game starts
Not true. You only need an edge, not a lock.
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Old 05-24-2018, 12:46 AM   #72
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Not true. You only need an edge, not a lock.
That's what he said.
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Old 05-29-2018, 01:24 AM   #73
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

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Originally Posted by lvr View Post
How does sportsbet tax work?

Do you only get taxd on your profit?

DISCLAIMER: THE BELOW IS NEITHER LEGAL NOR ACCOUNTING ADVICE. I AM NOT YOUR ATTORNEY. IF NECESSARY, YOU SHOULD RETAIN AN ATTORNEY OR ACCOUNTANT IN YOUR JURISDICTION TO ADVISE YOU.



Assuming you are filing as an amateur:

Gross wins go on the "Other Income" line of your Form 1040. You can either take the standard deduction or itemize your deductions. If you itemize deductions, then you deduct gross losses on the "Other Miscellaneous Deductions" line of your Schedule A, and you cannot take the standard deduction. If you take the standard deduction, then you get the standard deduction amount ($24,000 for 2018), and you cannot itemize your deductions (which results in not being able to deduct losses).

People filing as a professional gambler use Schedule C to report both gross wins and gross losses and the net amount is reflected on the appropriate line on the Schedule 1040. A professional gambler is also going to have self employment tax to pay and have to file Schedule SE for that.

The above is for federal taxes. States all have different systems of their own (for example: (i) some have no income tax in general, (ii) some allow wins and losses to be netted and the net amount reported and (iii) some tax gross wins and do not allow losses to be deducted at all).


The following is a link to a thread about how U.S. income taxes work (it states that it is for poker, but all gambling is treated the same with respect to general tax purposes so a lot of it should be able to be applied to sports betting):

https://forumserver.twoplustwo.com/5...-poker-740589/


DISCLAIMER: THE ABOVE IS NEITHER LEGAL NOR ACCOUNTING ADVICE. I AM NOT YOUR ATTORNEY. IF NECESSARY, YOU SHOULD RETAIN AN ATTORNEY OR ACCOUNTANT IN YOUR JURISDICTION TO ADVISE YOU.

Last edited by Lego05; 05-29-2018 at 01:29 AM.
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Old 06-02-2018, 03:10 PM   #74
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

Thank you for the all caps, twice written bolded assertion that you aren't my lawyer. Before I read that I was just thinking about how you, Lego05, were actually my lawyer.
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Old 06-02-2018, 11:15 PM   #75
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Re: U.S. States Can Now Legalize/Regulate Sports Betting

Delaware offering sports at 1:30p on Tuesday on all major college and pro sports.

TEAM AMERICA F*CK YEAH!
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