Quote:
Originally Posted by thaskalos
Those who think that sports-betting will be confined to the premises of the racetracks have their heads stuck in the sand. Sports-betting is too big of an enterprise to be restricted to being a "partner" of a dying industry like horse racing. Soon after sports-betting is legalized, it will be swept up by the internet world...and it will be offered widely in a myriad forms. The "illegal" sports-betting websites currently offer "live betting", where the bettor can keep betting as the game goes on...and, take my word for it, this provides more betting "action" than any sports-fan can handle. The days where you placed your sports-bet and waited for 3 hours to know if you won or not have been over for a long time.
IMO...sports-betting and horse racing cannot peacefully coexist. And...it doesn't take a genius to realize who the casualty will be.
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I'm sad to say that this is the likely, null hypothesis.
So, prediction time, thaskalos:
If on March 5 a ruling comes down in part for New Jersey, or full for all states who want to pass legislation, what becomes of racing in 5 years? 10?
