Wanna bet..?

[XLIX]

US Supreme Court has just thrown out PASPA, the federal law illegalizing sports betting in the country (with Nevada grandfathered in so it was allowed there).

In the coming months/years, sports gambling will be all over the country. Not every state will have it but a lot will. The leagues want their piece of the action, but it will be interesting to see how this unfolds.

 

[Kontradiction]

I personally don't bet on sports (and won't), but it's about time.

 

[Ring 6]

US Supreme Court has just thrown out PASPA, the federal law illegalizing sports betting in the country (with Nevada grandfathered in so it was allowed there).

In the coming months/years, sports gambling will be all over the country. Not every state will have it but a lot will. The leagues want their piece of the action, but it will be interesting to see how this unfolds.

I’ve always thought it was hypocritical that states make billions on lotteries, and you can literally walk into a convenience store and see a person spending more than they can afford on a daily number that has a 1 in 1000 chance to hit, and pays $600 when it does, yet they will not allow gambling in their state.

 

[oldrover]

In the coming months/years, sports gambling will be all over the country. Not every state will have it but a lot will. The leagues want their piece of the action, but it will be interesting to see how this unfolds.

 

[maust]

This is ridiculously overdue. Not only will a major source of criminal revenue be cut off/curtailed but the proceeds will now be taxed. Like it or not sports gambling isn't ever going away, regulating and taxing it is beyond sensible.

 

[Crazy Patriot Guy]

I personally don't bet on sports (and won't), but it's about time.

Same here. It won't make a difference for me but it was almost getting embarrassing for the NFL.

"We want nothing to do with gambling, and player safety is our #1 priority, which is why we will fine teams for not letting everyone know about each player's practice participation, and also which specific part of their body is hurting right now."

 

[neuronet]

The second coming of FourierSeries?

 

[fourhour]

Massachusetts is making big bucks from the marijuana revenue....

 

[Raymond]

The states will try and legislate some solid taxing claws ( not misspelled) as they'll be afraid of losing lottery revenue.

Integrity Roger will announce betting variable schemes on player concussions.

 

[maust]

The states will try and legislate some solid taxing claws ( not misspelled) as they'll be afraid of losing lottery revenue.

Integrity Roger will announce betting variable schemes on player concussions.

I'd expect that many states will be running sports bets through their own existing lottery system.

 

[Patstopia]

If Mass goes for sports betting, it will take 10 years for them to implement any system they may come up with (after many, many, many bribes). Each palm needs ever more greasing as it slowly makes its way up the approval ladder.

 

[Jackson 2]

I'd expect that many states will be running sports bets through their own existing lottery system.

As they should.

 

[Jackson 2]

If Mass goes for sports betting, it will take 10 years for them to implement any system they may come up with (after many, many, many bribes). Each palm needs ever more greasing as it slowly makes its way up the approval ladder.

It'll be OK as long as they keep the Mass State Police out of it.

 

[jah]

Great. Now let's legalize sex work and all drugs.

 

[mgteich]

I'd expect that many states will be running sports bets through their own existing lottery system.

I think that sports books will be allowed at the casinos, and taxed. I would also expect internet betting to be allowed and taxed.

The lottery could have some betting cards, but sports betting is much more than that. Also, the lottery wouldn't be guaranteed of winning. This is NOT a good enterprise for the Lottery Commission.

 

[Jackson 2]

I wouldn't be surprised to see the weekly football cards with point spreads and payouts such as those that used to be everywhere.

 

[XLIX]

The conservatives tend to be the party which is against gambling. The big casino tycoons try to kill all gambling outside of Vegas casinos and line the pockets of the GOP to vote against gambling legislation on "moral grounds"

Like when republican senators killed online poker by attaching the Unlawful Internet Gaming act to a port defense reauthorization in the middle of the night. The Republican motto was "click your mouse lose your house"

The party of "family values" hated the idea of gambling outside of venues owned by their ultra conservative billionaire brethren.

I'll also point out that "moonbat" Barney Frank was one of the loudest voices in favor of internet gambling legalization.

SMH at the lame attempt to make this a partisan issue when it really isn't.

Lest we let facts get in the way, Conservatives are the ones who tend to value states-rights. The 2 dissenters on today's SCOTUS opinion were the 2 hardcore liberals: RBG and Sotomayor. So it was conservatives responsible for today's ruling.

 

[maust]

I think that sports books will be allowed at the casinos, and taxed. I would also expect internet betting to be allowed and taxed.

The lottery could have some betting cards, but sports betting is much more than that. Also, the lottery wouldn't be guaranteed of winning. This is NOT a good enterprise for the Lottery Commission.

Limited props and parlays and O/U's would be an excellent venture for the lottery as would a lottery equivalent of 'cards' with a minimum number of selections required. In no way did I imply the lottery would book the full range of bets (futures, etc).

 

[XLIX]

Limited props and parlays and O/U's would be an excellent venture for the lottery as would a lottery equivalent of 'cards' with a minimum number of selections required. In no way did I imply the lottery would book the full range of bets (futures, etc).

It would be very easy to set up something like Keno where you pick a bunch of numbers and then win based on the amount of numbers you match. The only difference is that instead of selecting the winning numbers from a random-balls drawing, it would be based on the outcome of sports events.

 

[QuantumMechanic]

To be pendantic (this is the internet, after all ) the law that was struck down today didn't make sports gambling illegal but rather prohibited states from passing laws to make sports gambling legal. SCOTUS ruled 7-2 that this was unconstitutional under the "anti-commandeering" doctrine that has developed from the 10th Amendment. This frees states to legalize sports gambling and also allows pre-existing legalization laws to take immediate effect.

However, the decision does note that Congress is completely within its powers to regulate or ban sports gambling directly. It just can't do so by telling states that they can't legalize sports gambling.

So we'll have to see what, if anything, the lobbyists on all sides get Congress to pass.