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  #1  
Old 05-14-18, 09:52 AM
Crusaders Crusaders is offline
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Federal sports betting law struck down by SCOTUS

http://www.espn.com/chalk/story/_/id...ports-gambling
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  #2  
Old 05-14-18, 09:59 AM
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So you have legal weed in multiple states with legal sports gambling on its way. What times we live in...
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Old 05-14-18, 10:04 AM
queencitybuckeye queencitybuckeye is online now
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Originally Posted by Auggie View Post
So you have legal weed in multiple states with legal sports gambling on its way. What times we live in...
A time where activities that are not aggression against another's person or property is not considered a crime? The country is a better place today.
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Old 05-14-18, 10:05 AM
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How long before sports organizations demand a cut from betting parlors/sportsbooks/online. How much will that cut be? How will it affect the "juice". Gonna see sports gambling potentially take a hit as far as fair odds.
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Old 05-14-18, 10:07 AM
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How long before sports organizations demand a cut from betting parlors/sportsbooks/online. How much will that cut be? How will it affect the "juice". Gonna see sports gambling potentially take a hit as far as fair odds.
What would be their leverage to demand a cut?
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Old 05-14-18, 10:16 AM
TylerDurden TylerDurden is offline
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What would be their leverage to demand a cut?
That and I don't think professional sports would want to be directly linked to gambling.
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Old 05-14-18, 10:21 AM
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Leagues will probably jump in with both feet, like the EPL.

http://www.espn.com/chalk/story/_/id...betting-vision
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  #8  
Old 05-14-18, 10:21 AM
ronnie mund ronnie mund is offline
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Originally Posted by queencitybuckeye View Post
A time where activities that are not aggression against another's person or property is not considered a crime? The country is a better place today.
Well put.

Out of curiosity, what are legitimate arguments(if any) AGAINST legal gambling?
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Old 05-14-18, 10:31 AM
Taco MacArthur Taco MacArthur is offline
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Auggie forgot to mention that the gays are legally allowed to marry nowadays too. SMH
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  #10  
Old 05-14-18, 10:52 AM
14Red 14Red is offline
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Originally Posted by ronnie mund View Post
Well put.

Out of curiosity, what are legitimate arguments(if any) AGAINST legal gambling?
Not to be overly simple here, but yet another way for irresponsible people to get into financial trouble??

I'm a big sports fan. I've never had an inclination to put a dollar on any game. This is probably a little heavy handed, but we already have people with financial problems due to lots of reasons, mostly due to the fact that they simply cannot stop themselves from risktaking.
Now, if you're from the camp that says who cares, they can get themselves in financial trouble today without sports gambling, it's a free country and no one should ban it. Ok, so be it.
But I'm here to say why? Why do we have to bet on it to make it interesting? Why do we put yet another temptation on people who struggle to make ends meet already? Go to the local convenience store, and just observe who buys lottery tickets... it's generally not the person with plenty of spendable income. It's the guy or gal who look like they have less than $20 in their pocket for the week. Their daily "entertainment" dollar is spending money on lottery tickets.
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Old 05-14-18, 10:54 AM
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Originally Posted by Arrogate View Post
How long before sports organizations demand a cut from betting parlors/sportsbooks/online. How much will that cut be? How will it affect the "juice". Gonna see sports gambling potentially take a hit as far as fair odds.
Why would the sportsbooks agree to that? What possible leverage would the organizations have?
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Old 05-14-18, 10:54 AM
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Originally Posted by queencitybuckeye View Post
A time where activities that are not aggression against another's person or property is not considered a crime? The country is a better place today.
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  #13  
Old 05-14-18, 11:00 AM
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How long before sports organizations demand a cut from betting parlors/sportsbooks/online. How much will that cut be? How will it affect the "juice". Gonna see sports gambling potentially take a hit as far as fair odds.
The NBA & MLB were preparing to get involved in case SCOTUS ruled in favor of allowing the states to legalize sports gambling. The NFL and NHL are not currently actively preparing to sanction action but now that it appears this is the future most think they will get involved in some manner. The issue may be with the NCAA. They want nothing to do with local gambling seeing how their slaves er athletes get compensated minimally and the fear of players placing action to make some decent $s is real. The risk on the pro side is not worth them getting suspended and losing out on millions of $s in salary but for a college kid...
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  #14  
Old 05-14-18, 11:06 AM
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How long before sports organizations demand a cut from betting parlors/sportsbooks/online. How much will that cut be? How will it affect the "juice". Gonna see sports gambling potentially take a hit as far as fair odds.
I'll have to ask my bookie brother-in-law what he thinks of this decision.
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  #15  
Old 05-14-18, 11:09 AM
ronnie mund ronnie mund is offline
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Originally Posted by 14Red View Post
Not to be overly simple here, but yet another way for irresponsible people to get into financial trouble??

I'm a big sports fan. I've never had an inclination to put a dollar on any game. This is probably a little heavy handed, but we already have people with financial problems due to lots of reasons, mostly due to the fact that they simply cannot stop themselves from risktaking.
Now, if you're from the camp that says who cares, they can get themselves in financial trouble today without sports gambling, it's a free country and no one should ban it. Ok, so be it.
But I'm here to say why? Why do we have to bet on it to make it interesting? Why do we put yet another temptation on people who struggle to make ends meet already? Go to the local convenience store, and just observe who buys lottery tickets... it's generally not the person with plenty of spendable income. It's the guy or gal who look like they have less than $20 in their pocket for the week. Their daily "entertainment" dollar is spending money on lottery tickets.
So where would you draw the line at? Where's the line that divides activities that are tempting and can cause financial strife, and activities that don't?
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  #16  
Old 05-14-18, 11:10 AM
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So you have legal weed in multiple states with legal sports gambling on its way. What times we live in...
And protesting to give up our rights...
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  #17  
Old 05-14-18, 11:34 AM
14Red 14Red is offline
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So where would you draw the line at? Where's the line that divides activities that are tempting and can cause financial strife, and activities that don't?
ronnie as soon as you have an answer to that question, I'll make you President of the US. I have no idea what the answer to that question is. We make it easy for people to be poor in America.
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  #18  
Old 05-14-18, 11:40 AM
queencitybuckeye queencitybuckeye is online now
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Originally Posted by 14Red View Post
Not to be overly simple here, but yet another way for irresponsible people to get into financial trouble??
"The only purpose for which power can be rightfully exercised over any member of a civilized community, against his will, is to prevent harm to others. His own good, either physical or moral, is not sufficient warrant."

- John Stuart Mill
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Old 05-14-18, 11:40 AM
Taco MacArthur Taco MacArthur is offline
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ronnie as soon as you have an answer to that question, I'll make you President of the US. I have no idea what the answer to that question is. We make it easy for people to be poor in America.
So? That's what makes America so great, having the option to choose. Sounds like you hate the freedoms this country gives us and want to force people to live the way you want to live. Doesn't sound very American to me.
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  #20  
Old 05-14-18, 11:47 AM
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I see this as a huge positive for horse racing
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  #21  
Old 05-14-18, 11:48 AM
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Why would the sportsbooks agree to that? What possible leverage would the organizations have?
Pending legal battle coming. It has been in the works for a while now, as Auggie alluded to
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Old 05-14-18, 11:49 AM
WinstonSmith WinstonSmith is offline
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14Red should move to California, where they want to tell you you're not allowed to drink pop.
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  #23  
Old 05-14-18, 11:55 AM
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CDI up around 6% today.

They have a presence nationally but the big ticket, Churchill Downs is in Kentucky, and Bevin said he won't pass legislation support sports books.

Red Mile would be popping if they had a sportsbook
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Old 05-14-18, 12:00 PM
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That and I don't think professional sports would want to be directly linked to gambling.
https://www.google.com/amp/s/www.sbn...ing-basketball
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  #25  
Old 05-14-18, 12:02 PM
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https://www.google.com/amp/s/www.leg...e-revenue/amp/

Integrity fees being written into legislation is one way they will have "leverage"
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  #26  
Old 05-14-18, 12:05 PM
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https://www.google.com/amp/s/apnews....75eeee14e4d9ec

Mlb and NBA want 1%. They want money, they are interested, and they will get some compensation.
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Old 05-14-18, 12:07 PM
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Originally Posted by FootballFan1795 View Post
I'll have to ask my bookie brother-in-law what he thinks of this decision.
Huge positive for black market bookies IMO. Their operating expenses remain the same. They can offer better value in terms of "juice"
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Old 05-14-18, 12:11 PM
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There is already similar legislation in regards to horse racing and other entities making money off of their product (races).

Sites that offer tourneys like Derby Wars (not run by a track) have to give a percentage of their earnings to the tracks that they offer tournaments for.
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Old 05-14-18, 12:13 PM
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14Red should move to California, where they want to tell you you're not allowed to drink pop.
I've always been an advocate for people doing whatever they please so long as they aren't hurting anyone else, but I've been trying to figure out where financial burden comes into play. Question one would be, does being a burden on the taxpayer count as "harming others", and if it does, at what amount would we draw the line at?

Do we just mark that down as a price to pay for the freedoms we enjoy? Or should we look into that aspect a bit more?
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Old 05-14-18, 12:13 PM
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https://www.washingtonpost.com/busin...=.17ff851d80d6

From the article

11 a.m.

The NCAA’s chief legal officer says the organization is still reviewing the Supreme Court’s decision but adds that it “will adjust sports wagering and championship policies to align with the direction from the court.

Donald Remy added that the NCAA is reviewing the decision “to understand the overall implications to college sports.”
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