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-   -   Sports Wagering one step closer in NJ.... (http://www.paceadvantage.com/forum/showthread.php?t=114956)

onefast99 07-14-2018 03:59 PM

Quote:

Originally Posted by biggestal99 (Post 2341282)
that was for 17 days. 1,000,000 a day.

on line wagering will increase the handle.

william hill runs sports books in Nevada and know what they are doing.

allan

Of which zero goes to the horseman what a great deal Drazin and his grpup cut!

ronsmac 07-14-2018 09:39 PM

Quote:

Originally Posted by onefast99 (Post 2341385)
Of which zero goes to the horseman what a great deal Drazin and his grpup cut!

Many people were pissed at the vigs on today's baseball games. Better odds were being offered at Monmouth.

thaskalos 07-14-2018 09:47 PM

Quote:

Originally Posted by ronsmac (Post 2341508)
Many people were pissed at the vigs on today's baseball games. Better odds were being offered at Monmouth.

What were the vigs on today's games?

RunForTheRoses 07-15-2018 08:45 AM

1 Attachment(s)
Quote:

Originally Posted by thaskalos (Post 2341511)
What were the vigs on today's games?


I don't see the first part of ronsmac's post but if he was referring to fanduel at Meadowlands there were grumblings, see attached,

alhattab 07-15-2018 09:52 AM

Quote:

Originally Posted by onefast99 (Post 2341385)
Of which zero goes to the horseman what a great deal Drazin and his grpup cut!

None of what the online piece or all of it? When Monmouth Park was asked by TDN how much went to the horsemen, through its spokesman Luicci the track said "no comment".

onefast99 07-15-2018 11:12 AM

Quote:

Originally Posted by alhattab (Post 2341589)
None of what the online piece or all of it? When Monmouth Park was asked by TDN how much went to the horsemen, through its spokesman Luicci the track said "no comment".

Only sw bets taken at the track result in a revenue stream for the horseman. As I said great deal for the horseman and a better deal for Drazins group.

biggestal99 07-15-2018 12:00 PM

Quote:

Originally Posted by upthecreek (Post 2341370)
Allan you have any info when online wagering will begin and how/ where it will be offered?
I haven't read anything
Thanks

Well betfair/FanDuel and will hill, natch, bet365 made a deal.

From what I have heard rumors, end of August.

All vendors will have to be licesced by the Njge which is a time consuming

Allan

biggestal99 07-15-2018 12:02 PM

Quote:

Originally Posted by ronsmac (Post 2341508)
Many people were pissed at the vigs on today's baseball games. Better odds were being offered at Monmouth.

FanDuel has zero experience running a sports book. Will hill will eat them for lunch with those vigs.

Allan

Striker 07-17-2018 01:05 AM

Video of a guy already getting banned in NJ for winning too much is circulating on twitter.

thaskalos 07-17-2018 01:23 AM

Quote:

Originally Posted by Striker (Post 2342460)
Video of a guy already getting banned in NJ for winning too much is circulating on twitter.

The ink isn't even dry on the high court's decision-form yet...how much could this bettor have won? :rolleyes:

Striker 07-17-2018 02:31 AM

There doesn’t seem to be any info on how much he won. Not gonna try to link the video from twitter here but you guys can go check it out for yourselves. It’s at
Spanky and his twitter handle is spankysports, the video is from June 28 so scroll down and you will see it.

thaskalos 07-17-2018 02:43 AM

Quote:

Originally Posted by Striker (Post 2342469)
There doesn’t seem to be any info on how much he won. Not gonna try to link the video from twitter here but you guys can go check it out for yourselves. It’s at
Spanky and his twitter handle is spankysports, the video is from June 28 so scroll down and you will see it.

I watched the video. The guy was thrown out after betting for 3 days...because "he won too much and his action was too sharp". Welcome to sports-betting..."American style". :rolleyes:

biggestal99 07-17-2018 06:20 AM

Quote:

Originally Posted by thaskalos (Post 2342461)
The ink isn't even dry on the high court's decision-form yet...how much could this bettor have won? :rolleyes:

Will hill had a nice picture on Twitter of a 240,000 buck hit on a 10,000 play.

Allan

RunForTheRoses 07-17-2018 07:09 AM

I thought it was cheesy at the Mth/Will Hill book there was a sign that if you bet $1K or more you HAD to use a player's card.

Hambletonian 07-17-2018 09:09 AM

My concern was what if they used your mobile/online betting records to customize the lines they offered you.

For example, the data shows you play favorites 65% of the time, so the lines you get offered are skewed. meaning the line for you moves 1/2 a point or so against you in football, baseball you are laying slightly more etc.

I know my childhood bookie did so, you could hear him discuss clients calling in with other guys in his office, adding or subtracting a point or so from the real lines.

Obviously, just looking online might tell you whether you are being screwed...and you could always bet live and avoid this...but in general the ability to use the gathered data against the sports bettor is there.

onefast99 07-17-2018 11:10 AM

Quote:

Originally Posted by biggestal99 (Post 2341630)
FanDuel has zero experience running a sports book. Will hill will eat them for lunch with those vigs.

Allan

I would bet that once winter sets in the choice between the two once they are online will be meaningless.

upthecreek 07-17-2018 01:19 PM

Quote:

Originally Posted by biggestal99 (Post 2341628)
Well betfair/FanDuel and will hill, natch, bet365 made a deal.

From what I have heard rumors, end of August.

All vendors will have to be licesced by the Njge which is a time consuming

Allan

Got a response from BetfairUS

At this time only in person wagering is available. Online is coming soon and will have location requirements similar to the Betfair Casino. Anyone can have an account, but they must physically be in New Jersey to place a wager.

They suggested I go out to the Meadowlands in the meantime

biggestal99 07-17-2018 01:21 PM

Quote:

Originally Posted by onefast99 (Post 2342540)
I would bet that once winter sets in the choice between the two once they are online will be meaningless.

FanDuel/betfair will have to lower the vig to remain competive.

The ones they charged for opening weekend were high.

As you say, once they both have the same product for sale on line. They will both have the same Vig.

Allan

biggestal99 07-17-2018 01:24 PM

Quote:

Originally Posted by upthecreek (Post 2342601)
Got a response from BetfairUS

At this time only in person wagering is available. Online is coming soon and will have location requirements similar to the Betfair Casino. Anyone can have an account, but they must physically be in New Jersey to place a wager.

They suggested I go out to the Meadowlands in the meantime

Good. Thanks for the information.

Allan

Mike_412 07-17-2018 02:51 PM

Like previously mentioned FanDuel is coming online late August I believe in time for football. Maybe it gets moved we'll see. I sent a message to the Betfair exchange and they said the plan is to offer sports on there as well, but there are some legal and technical hurdles to deal with 1st. I'm still waiting for NYRA to be on the exchange after 2 years so I won't hold my breath waiting for sports to be offered there.


John Brennan(former writer for the North Jersey record) stated that according to an insider the 1st site to go online is supposed to be this month so within the next 2 weeks. He didn't know if it was Wlliam Hill or Borgata. If I can find the article when I have some more time later I'll link it.

thaskalos 07-17-2018 03:06 PM

Quote:

Originally Posted by RunForTheRoses (Post 2341578)
I don't see the first part of ronsmac's post but if he was referring to fanduel at Meadowlands there were grumblings, see attached,

If this image of the takeouts is accurate...then this isn't a sports-betting operation....it's an outright SCAM. this line Fluctuates from 20-cents on the pick'em games...to 30-cents on the other games. Totally unacceptable, IMO...and the bettors should be ENCOURAGED to bet into these lines...instead of being barred from them.

Mike_412 07-17-2018 07:07 PM

Stopped in at the Meadowlands an hour ago to check it out. What a comedy act with their baseball vig. 25 cent line on the all star game. AL was at -160 and the NL was +135. Will Hill will eat them for lunch if they don't get their act together.

tophatmert 07-17-2018 07:15 PM

Quote:

Originally Posted by Hambletonian (Post 2342492)
My concern was what if they used your mobile/online betting records to customize the lines they offered you.

For example, the data shows you play favorites 65% of the time, so the lines you get offered are skewed. meaning the line for you moves 1/2 a point or so against you in football, baseball you are laying slightly more etc.

I know my childhood bookie did so, you could hear him discuss clients calling in with other guys in his office, adding or subtracting a point or so from the real lines.

Obviously, just looking online might tell you whether you are being screwed...and you could always bet live and avoid this...but in general the ability to use the gathered data against the sports bettor is there.

Winner for best line tucked into a post about anything....."I know my childhood bookie did so."

Hambletonian 07-17-2018 07:21 PM

Quote:

Originally Posted by tophatmert (Post 2342754)
Winner for best line tucked into a post about anything....."I know my childhood bookie did so."

:)

Hambletonian 07-17-2018 07:29 PM

the lines at the Meadowlands are not competitive for baseball. I realize neither PaddyPower or FanDuel has done this before, but William Hill is the best sports book operator in the country, and if they do not match those lines they will be out of luck. I actually think it is going to turn out to be very important that William Hill is in NJ to keep everybody honest, otherwise it might have been amateur hour through and through.

Big bettors will assuredly open an account with every sports book and shop lines.

I keep checking in with William Hill folks in NJ and in Las Vegas...they tell me I am on the list and will be informed immediately when the mobile/online release is nearing. I will pass it along as soon as I know.

biggestal99 07-18-2018 09:30 AM

Quote:

Originally Posted by Hambletonian (Post 2342760)
the lines at the Meadowlands are not competitive for baseball. I realize neither PaddyPower or FanDuel has done this before, but William Hill is the best sports book operator in the country, and if they do not match those lines they will be out of luck. I actually think it is going to turn out to be very important that William Hill is in NJ to keep everybody honest, otherwise it might have been amateur hour through and through.

Big bettors will assuredly open an account with every sports book and shop lines.

I keep checking in with William Hill folks in NJ and in Las Vegas...they tell me I am on the list and will be informed immediately when the mobile/online release is nearing. I will pass it along as soon as I know.

Thats the good thing with Jersey's law. LOTS of competition. Lots of options to place an on-line sports wager.

and it wont be just the big bettors who will open an account with all the online companies and price shop. It will be everyone. Its like in the UK with the horse books at the tracks. you shop around for the best price on your horse. Its great. no one is stuck with a book that doesnt give good prices.

competition makes the prices better. Fanduel will die on the vine unless they correct their prices. Betfair aint a stupid company.

Allan

Inner Dirt 07-18-2018 05:09 PM

Is there a thread here about how the possibility of sports betting is progressing in states that don't have it yet? Maybe a few insiders could give some input. From what I read West Virginia is getting close, but nothing going on in Virginia. I am assuming someone at Mountaineer or Charles Town would know something. Should a new thread be started or could you point me to an existing one? I am like 120 miles from CT, 350 from MNR, 240 from Penn National, 300 from MTH, but don't want to deal with NJ traffic. I can't even find good info on Colonial Downs 60 miles away other than they are going to have historic horse race betting coming soon to which I say "Who the hell cares?"

Mike_412 07-18-2018 05:29 PM

The following link will take you to a legislation tracker. I used it when Jersey was still in the early stages. Hope you guys get it soon.


https://sportshandle.com/legal-betti...ation-tracker/

Inner Dirt 07-18-2018 05:58 PM

Quote:

Originally Posted by Mike_412 (Post 2343158)
The following link will take you to a legislation tracker. I used it when Jersey was still in the early stages. Hope you guys get it soon.


https://sportshandle.com/legal-betti...ation-tracker/


Thank You! Monmouth is about as far away as Laughlin, Nevada used to be when I lived in Southern California, but going back roads and traveling off hours it was 260 miles of never hitting the brakes. I went through New Jersey once and that was enough for me traffic wise. It is not the distance to get to Monmouth it is the rough 3 wide trip I do not want.

Inner Dirt 07-18-2018 06:05 PM

Quote:

Originally Posted by Mike_412 (Post 2343158)
The following link will take you to a legislation tracker. I used it when Jersey was still in the early stages. Hope you guys get it soon.


https://sportshandle.com/legal-betti...ation-tracker/


If what I read from your link is accurate and all goes as planned all the race tracks and casinos in West Virginia will have sports betting possibly by the upcoming football season. Do we have a PA member who is a Charles Town (only 120 miles from me) employee to shed some light on that?

ronsmac 07-18-2018 09:05 PM

It looks like the week 1 nfl lines at the meadowlands sportsbook are all -110 lines.

iamt 07-18-2018 09:16 PM

All these UK based companies have a history offering sports including US sports.


They also have a history of limiting or outright rejecting bets from anyone they think may be a winner. If there isn't any player protection built into the legislation, then examples like the one earlier will be incredibly commonplace.


Some of the lines at the moment may be a bit of self-protection as they don't know who they are playing and may not be ready to manage the offering on some of the lesser markets.



However it needs to be known these companies aren't interested in making a book or managing an event. They are purely player focused and will do everything they can to stop winners playing with them.

alhattab 07-20-2018 12:27 PM

Quote:

Originally Posted by Inner Dirt (Post 2343170)
Thank You! Monmouth is about as far away as Laughlin, Nevada used to be when I lived in Southern California, but going back roads and traveling off hours it was 260 miles of never hitting the brakes. I went through New Jersey once and that was enough for me traffic wise. It is not the distance to get to Monmouth it is the rough 3 wide trip I do not want.

What traffic?:D

The Turnpike south of the E/W split is the finest stretch of road in the NE Corridor!

RunForTheRoses 07-20-2018 05:51 PM

Quote:

Originally Posted by alhattab (Post 2344060)
What traffic?:D

The Turnpike south of the E/W split is the finest stretch of road in the NE Corridor!

Yes you will avoid North Jeresy traffic and most Philly traffic so it won't be too bad. Delaware would probably be best for him right now.

Inner Dirt 07-22-2018 11:41 AM

Quote:

Originally Posted by alhattab (Post 2344060)
What traffic?:D

The Turnpike south of the E/W split is the finest stretch of road in the NE Corridor!


I went to Niagara Falls then pretty much traveled pretty much straight across then went south through New Jersey to Aqueduct. I could not tell you the roads, I just followed the Garmin. I used to Live in Southern California and once made a commute from close to Santa Anita into East Los Angeles during rush hour for a good year. I found the New Jersey, NYC/Long Island traffic the worst I have ever seen. Maybe I took a bad route through New Jersey or someone is being sarcastic.

alhattab 07-22-2018 11:58 AM

Quote:

Originally Posted by Inner Dirt (Post 2344998)
I went to Niagara Falls then pretty much traveled pretty much straight across then went south through New Jersey to Aqueduct. I could not tell you the roads, I just followed the Garmin. I used to Live in Southern California and once made a commute from close to Santa Anita into East Los Angeles during rush hour for a good year. I found the New Jersey, NYC/Long Island traffic the worst I have ever seen. Maybe I took a bad route through New Jersey or someone is being sarcastic.

I was definitely being sarcastic with the "what traffic!" comment (I live on the Jersey Shore). But I do think the Turnpike is pretty good except for the few bottlenecks you hit. Certainly it is the best stretch of 95 in any of the NE Corridor states. Going to Aqu is a bitch especially through Staten Island and on the Belt.

If you did at the right time from your neck of the woods and listened/observed traffic reports Mth wouldn't be a bad trip for you. You could even take the Cape May-Lewes car ferry which would leave you about 105 miles on the Parkway to the Mth exit.

GMB@BP 07-27-2018 04:22 PM

There was some discussion about whether it would be possible to mix horse racing with pro sports

guess so

http://live.drf.com//nuggets/43968-m...ay-this-sunday

upthecreek 07-31-2018 05:27 PM


Andy Asaro 07-31-2018 08:29 PM


alhattab 07-31-2018 09:44 PM

Quote:

Originally Posted by Andy Asaro (Post 2349482)

I don't know enough about rules/regs but wouldn't be within the leagues' rights to negotiate for the video rights? Charging the gambling dens higher prices- which I think happens now in commercial establishments like bars- is how the leagues extract their pound(s) of flesh.


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