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05-14-2018, 12:09 PM
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#1
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Registered User
Join Date: May 2008
Posts: 686
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Breaking News: The Supreme Court clears the way for states to legalize sports betting
The Supreme Court clears the way for states to legalize sports betting, striking down a 1992 federal law https://cnn.it/2KZz2Ft
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05-14-2018, 01:25 PM
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#2
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,784
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How long until Congress shuts it down?
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WE ARE THE DUMBEST COUNTRY ON THE PLANET!
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05-14-2018, 01:30 PM
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#3
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Registered User
Join Date: Jan 2006
Posts: 28,549
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Maybe Illinois can now raise the funds to subsidize its pensions...without raising the residents' property taxes. 
__________________
Live to play another day.
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05-14-2018, 01:48 PM
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#4
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Registered User
Join Date: Jun 2008
Posts: 10,170
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Quote:
Originally Posted by thaskalos
Maybe Illinois can now raise the funds to subsidize its pensions...without raising the residents' property taxes. |
Just wait until they start taxing assets its residents hold out of state.
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05-14-2018, 02:10 PM
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#5
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Registered User
Join Date: Sep 2007
Posts: 4,149
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With the way things are going will we soon see a political slogan of a 3 team teaser and a bag of chronic in every pot?
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05-14-2018, 02:19 PM
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#6
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Registered User
Join Date: May 2008
Posts: 686
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Quote:
Originally Posted by JustRalph
How long until Congress shuts it down?
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You mean how long before they begin extracting revenue from it?
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05-14-2018, 03:04 PM
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#7
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Registered User
Join Date: Mar 2013
Posts: 5,414
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I was listening to an interview with one of the big wigs at the PGA regarding this. They expected it to pass and are already working on golf betting options.
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05-14-2018, 03:21 PM
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#8
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Registered User
Join Date: May 2010
Posts: 5,005
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How will this affect our sport? My understanding is that its implementation is a state-by-state matter, and I believe there are many factions in Florida that will not implement sports betting.
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05-14-2018, 05:54 PM
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#9
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Registered User
Join Date: Mar 2010
Posts: 1,438
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Do any of the professional leagues get a cut from Vegas now? Because I think they will be looking to get a cut if this can be implemented state by state. Then the players will be wanting a cut. Will the vig go above 10%?
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05-14-2018, 06:30 PM
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#10
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,476
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Las Vegas rooms are going to get great discounts, count on that.
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05-14-2018, 10:52 PM
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#11
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Registered User
Join Date: May 2008
Posts: 686
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Quote:
Originally Posted by Zydeco
Do any of the professional leagues get a cut from Vegas now? Because I think they will be looking to get a cut if this can be implemented state by state. Then the players will be wanting a cut. Will the vig go above 10%?
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Rumor has it that the NBA wants 1%
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05-14-2018, 10:57 PM
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#12
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Registered User
Join Date: Jun 2009
Posts: 14,568
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Quote:
Originally Posted by BCOURTNEY
Rumor has it that the NBA wants 1%
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That's about 25% of theoretical profit on single straight bets.
The NBA will have to re-think.
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05-14-2018, 11:02 PM
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#13
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Registered User
Join Date: Jan 2006
Posts: 28,549
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Can the sports franchises withhold their product from the betting outlets...the same way the horsemen do when they don't get things their way?
__________________
Live to play another day.
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05-14-2018, 11:05 PM
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#14
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Registered User
Join Date: Jun 2009
Posts: 14,568
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Quote:
Originally Posted by thaskalos
Can the sports franchises withhold their product from the betting outlets...the same way the horsemen do when they don't get things their way?
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I'm sure they have lawyered up on that one.
Stay tuned.
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05-14-2018, 11:12 PM
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#15
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Registered User
Join Date: Mar 2013
Posts: 5,414
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I can't see this helping racing as a general rule
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