New Jersey Sports Betting

[RunForTheRoses]

Not surprising:

http://www.nj.com/news/index.ssf/2013/09/nj_cant_implement_sports_sports_betting_federal_co urt_says.html

[horses4courses]

Not surprising:

http://www.nj.com/news/index.ssf/2013/09/nj_cant_implement_sports_sports_betting_federal_co urt_says.html

Never stood a chance.
Another victory for illegal bookmakers, NCAA, and pro sports hypocrisy.

I admire Gov. Christie for giving it a try.
Most people are in favor of some expansion in legalizing sports wagering.
Why should that have any bearing on the matter, though?

[Valuist]

Never stood a chance.
Another victory for illegal bookmakers, NCAA, and pro sports hypocrisy.

I admire Gov. Christie for giving it a try.
Most people are in favor of some expansion in legalizing sports wagering.
Why should that have any bearing on the matter, though?

Exactly right. The illegal books are the real beneficiaries. Why not at least run it and regulate it, so it get bring in some tax dollars?

Of course, they'd probably screw that up and make one lay 120 to win 100, or 25 cent MLB lines.

[RunForTheRoses]

It is a lot like Prohibition in the 20s, there's a huge demand and mostly the supply is illegal.

[TJDave]

They should do what other States have done with regards to pot... Make it legal and defy the government to do something about it.

[Stillriledup]

Thank god, they voted this down, we wouldnt want anyone to drive a car while under the influence of a sports bet. someone could get injured!

[Robert Goren]

Never stood a chance.
Another victory for illegal bookmakers, NCAA, and pro sports hypocrisy.

I admire Gov. Christie for giving it a try.
Most people are in favor of some expansion in legalizing sports wagering.
Why should that have any bearing on the matter, though? The term for what he did is "Tilting at Windmills".

[Stillriledup]

just more money for illegal bookies...well done.

[Secondbest]

I'm sure this is old news. But Yesterday Christie was on wfan and said the lawsuit allowing sports betting goes before the Supreme Court on December. 4th. A decision is expected by June 30th. If it goes For Monmouth will be taking bets by July 4th.

[onefast99]

I'm sure this is old news. But Yesterday Christie was on wfan and said the lawsuit allowing sports betting goes before the Supreme Court on December. 4th. A decision is expected by June 30th. If it goes For Monmouth will be taking bets by July 4th.
“Our general position on sports betting is that it should be legal and regulated, pursuant to a federal framework that has minimum safeguards,” said NBA VP and assistant general counsel Dan Spillane. “We have advisors in DC, we have legislation that we’ve been pulling together, talking with other stakeholders in this area. It’s a slow process… When the leagues were all just unanimously opposed to it, it really wasn’t, I think, a practical discussion to have, and now it is… I think that there will be a little bit more clarity, and people will be more open, especially members of Congress, to talking about potential legislation once the [NJ] case is resolved one way or another.”

[upthecreek]

https://twitter.com/njbreds/status/935957652802285568

[lamboguy]

if Monmouth can get sports gambling, i see no reason why i can't have it at my house!

[MutuelClerk]

Do you think Vegas has a line on the Supreme Courts decision?

[upthecreek]

https://twitter.com/BettingGods/status/937630453368082432

[Parkview_Pirate]

https://www.bloomberg.com/news/articles/2017-12-04/justices-suggest-they-may-let-states-legalize-sports-gambling

In an hour-long argument in Washington Monday, a majority of the justices voiced doubts about a federal law that bars sports wagering in every state except Nevada. New Jersey, which is attempting to repeal its prohibition on sports gambling, contends the federal law violates states’ rights.

Justice Anthony Kennedy, often the court’s swing vote, said a ruling against New Jersey would "leave in place a state law that the state does not want."

Should the high court strike down the 1992 federal law, other states could move quickly to grab part of the $150 billion the casino-backed American Gaming Association says is wagered illegally every year.

[Valuist]

Once NJ legalizes, the other states will fall like dominos.

But will it be run properly? If its minus 120 both sides, it isn't gonna work. They have to be competitive with the secondary markets.

[jocko699]

Argument analysis: Justices seem to side with state on sports betting

Posted Mon, December 4th, 2017 2:51 pm by Amy Howe

The Supreme Court heard oral argument today in New Jersey’s challenge to a 1992 federal law that bars states from allowing sports gambling. New Jersey and members of the state’s horse-racing industry told the justices that the law violates the Constitution, which the Supreme Court has interpreted to prohibit the federal government from “commandeering” the states into enforcing federal law. The National Collegiate Athletic Association and the four professional sports leagues countered that the law is perfectly constitutional, because it doesn’t require the states to do anything; it simply bars them from authorizing sports gambling. After an hour of spirited debate today, a majority of the justices seemed inclined to agree with New Jersey. The court’s ruling could have implications not only for sports betting, but also for everything from state laws decriminalizing marijuana to physician-assisted suicide and self-driving cars.

Read the rest here:

http://www.scotusblog.com/2017/12/argument-analysis-justices-seem-side-state-sports-betting/

[bks]

Once NJ legalizes, the other states will fall like dominos.

But will it be run properly? If its minus 120 both sides, it isn't gonna work. They have to be competitive with the secondary markets.

Have you heard anything suggesting this?

[Valuist]

Have you heard anything suggesting this?

No, just knowing how politicians like to try to take over industries in which they have little knowledge. They can definitely screw this up.

[Valuist]

I hope I'm wrong on that, but we've waited so long for this that one can't help but feel we're getting setup for a letdown.

The ultimate irony: maybe Kaep will earn that Time Mag cover after all. We all know the group (publicly) most opposed to legalization was the NFL. But the kneeling controversy really pushed falling TV ratings, which the NFL did not see coming. We haven't heard any public bitching from them to oppose sports betting now. The NFL has to stop their downturn. This is the one catalyst that could do it. But obviously, this goes far beyond the NFL, and far beyond the state of New Jersey. If they pass it, as many as 32 states are expected to ultimately allow sports betting.

[thaskalos]

if Monmouth can get sports gambling, i see no reason why i can't have it at my house!

We've seen that with poker for decades now. It's "illegal" for us to hold a private poker game at our home...but poker remains "legal" at nearby casinos.

[thaskalos]

No, just knowing how politicians like to try to take over industries in which they have little knowledge. They can definitely screw this up.

Hopefully, the government will seek "outside help" in the management of this new gambling venture. If not...then the -120 takeout is a certainty, IMO.

[Valuist]

Hopefully, the government will seek "outside help" in the management of this new gambling venture. If not...then the -120 takeout is a certainty, IMO.

It sounds like William Hill will play a role in the initial rollout. One would think minus 120 sides is begging for trouble, but that thinking hasn't stopped casinos from moving to 6-5 blackjack. And some idiots still play 6-5 BJ.