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Sports gambling, what it means for sports?

BamaProud

BamaProud

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Its going to be huge. Sports broadcasting, viewing, discussion, analysis, advertising, etc...will be changed forever after the Supreme Court Ruling. I can see gambling analysts added to broadcasts as well as the before and after game discussions. Discussions on how an injuries, the weather and numerous other things changes betting lines. Betting will probably evolve to be as much of a discussion as the X's and O's.

...And its going to happen fast guys! They should be betting in New Jersey within a week, and in maybe a dozen states before the Fall Football season starts.

Heck, we may even see new Television networks developed just to cover gambling (ESPN Gambling?). Can you imagine the advertising dollars? Remember a few years ago when Fan Dual, Draft Kings and the other Fantasy league commercials dominated sports advertising, you ain't seen nothing yet. :super:

Lots of details for individual states to sort out, but within 2-3 years I bet sports gambling will be legal in some form in most states.
 
I see it resulting in more bankruptcies, divorces, suicides, game fixing, .....

I can see a way that I might benefit though, as I like to buy and resale stuff. Some guys may get in so much trouble that they will practically be giving away guns, etc., to cover their debts.
 
PalsPal":14970cwa said:
I see it resulting in more bankruptcies, divorces, suicides, game fixing, .....

I can see a way that I might benefit though, as I like to buy and resale stuff. Some guys may get in so much trouble that they will practically be giving away guns, etc., to cover their debts.
Click to expand...

Gamblers are gambling anyway. With federal/state regulation maybe the shady dealings of bookies won't allow forks to bet (usually on credit) more than they can afford. When legal, I seriously doubt the state is going to let anyone bet on credit the way most illegal bookies do today.

Maybe some of the profit from the 150 billion dollar illegal gambling industry can go toward addressing some of the problems associated with people who can't gamble responsibly.
 
Millions and millions of dollars are bet every weekend from Labor Day to the Super Bowl in Tennessee. That's not changing. Question is whether it is sanctioned/taxed and how much would go to legal shops out of state if it isn't.
 
BamaProud":3ddjfh5c said:
PalsPal":3ddjfh5c said:
I see it resulting in more bankruptcies, divorces, suicides, game fixing, .....

I can see a way that I might benefit though, as I like to buy and resale stuff. Some guys may get in so much trouble that they will practically be giving away guns, etc., to cover their debts.
Click to expand...

Gamblers are gambling anyway. With federal/state regulation maybe the shady dealings of bookies won't allow forks to bet (usually on credit) more than they can afford. When legal, I seriously doubt the state is going to let anyone bet on credit the way most illegal bookies do today.

Maybe some of the profit from the 150 billion dollar illegal gambling industry can go toward addressing some of the problems associated with people who can't gamble responsibly.
Click to expand...

Just playing devils advocate here, but if bookies are letting folks gamble on credit and the state makes it legal, but DOES NOT allow gambling on credit, won't folks just continue to gamble illegally on credit if that is all they have?

I'm sure most folks like me and you would gamble cash (legally) IF we were going to do it at all, but degenerate gamblers are just that and will gamble anyway they can. Making it legal will not put bookies out of business. The legal folks aren't going to them anyway. Also, if they tax it, then the low life's that don't care about anything will gamble with a bookie tax free....

As an FYI I am ok with them legalizing it. I play fantasy FF for money, and used to do pools at work, which are technically gambling.
 
There are always people that are going to still do things illegally (regular gambling, sports gambling, moonshining, sex, selling guns, etc...) but I think, giving a legal option most folks will lean toward the legal option. The legal option protects consumers from shady distributors of ilicit products and services.
 
Yep, that happened fast! (less than a year to be exact)

Tennessee will soon be the first State to legalize Online Sports Gambling.
It passed the Senate this morning and the Governor announced shortly afterwards that he will allow it to become law.

https://www.thestar.com/news/world/us/2 ... -bill.html

Montana, Iowa and Indiana are nearing sports betting decisions and would join six others that switched last year after a U.S. Supreme Court decision allowing it nationwide.
 
https://www.sportsbusinessdaily.com/SB- ... tting.aspx

In the boldest step taken by a U.S. media company in the sports gambling space, Fox Sports will unveil an app this fall that will allow some domestic consumers to place wagers on sporting events. The move to launch Fox Bet comes as part of a wide-ranging deal Fox signed with The Stars Group that was announced after the market closed today. The plan is to launch two betting products under the Fox Bet umbrella. One is a nationwide free-to-play game that awards cash prizes to people who correctly predict the outcomes of games. The other gives an opportunity to place real money wagers on sporting events in states with legalized gambling.
 

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