Professional and Amateur Sports Protection Act ruled Unconstitutional

[Jimjamesak]

They will probably work out something where they can advertise in stadiums.
Some *** for tat

I could see MLS or the NHL do something like this, heck the NHL already does with MGM being a league sponsor.

 

[MavHockey14]

I don't think most of the leagues would allow that. While it's great revenue stream potential, it could create the image of them working with the bookies and 8 Men Out would be just the beginning of the accusations after a major upset.

The premier league advertises sports books and online sites for betting all the time.

As mentioned, the NHL and MGM have a partnership.

The NBA Summer League, held in Vegas, has MGM as their premier sponsor.

 

[Kepler]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

I don't think most of the leagues would allow that. While it's great revenue stream potential, it could create the image of them working with the bookies and 8 Men Out would be just the beginning of the accusations after a major upset.

Yeah, but money talks.

 

[mookie1995]

I don't think most of the leagues would allow that. While it's great revenue stream potential, it could create the image of them working with the bookies and 8 Men Out would be just the beginning of the accusations after a major upset.

It is legal now.

Ain’t tony soprano making book anymore.

Legal money >>>>>>>>>>>>> anything else

 

[St. Clown]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

It is legal now.

Ain’t tony soprano making book anymore.

Legal money >>>>>>>>>>>>> anything else

If the games give the impression of being dirty, the fans will turn away from the leagues. The leagues need to guard the long-term health of their leagues, even at the unhappy acceptance that they forego short-term revenues.

 

[mookie1995]

If the games give the impression of being dirty, the fans will turn away from the leagues. The leagues need to guard the long-term health of their leagues, even at the unhappy acceptance that they forego short-term revenues.

The games are already shady

Good god, do you see bron bron flop?
GLA whine to the refs and get high fives?

The least they can do is pay off 1/2 the fans every week

 

[St. Clown]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

The games are already shady

Good god, do you see bron bron flop?
GLA whine to the refs and get high fives?

The least they can do is pay off 1/2 the fans every week

No, I really don't see that because I'm not watching the NBA, nor any NFL game that doesn't involve the Vikings.

 

[MavHockey14]

If the games give the impression of being dirty, the fans will turn away from the leagues. The leagues need to guard the long-term health of their leagues, even at the unhappy acceptance that they forego short-term revenues.

I would imagine there will be studies done on how the Premier League handles this; as the largest professional sports league in the world, I’d imagine they’re a good model to follow in regards to this.

 

[Jimjamesak]

I would imagine there will be studies done on how the Premier League handles this; as the largest professional sports league in the world, I’d imagine they’re a good model to follow in regards to this.

By revenue? Uh, no.

 

[SonofSouthie]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

Just an attempt by the leagues to capitalize on sports betting, financially.

What leagues have tried to do, as I understand it, is to convince state legislatures to add an "integrity fee" tax to sports betting that would be turned over to the league. I don't think they've had much luck in this regard. The states aren't known for their willingness to share tax money.

What you will probably see is a big push by the leagues to get Congress to adopt some sort of federal law governing sports betting, and include a fee with that.

The problem with the leagues is that they always overplay their hand. They go in and ask for a percentage of the total amount bet, which no sane party would agree to since the sports books lose 40-50% of the bets placed.

The problem with the leagues is that they always overplay their hand. They go in and ask for a percentage of the total amount bet, which no sane party would agree to since the sports books lose 40-50% of the bets placed.

1-1.5% is the books profit out of a casino's total.

 

[Kepler]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

1-1.5% is the books profit out of a casino's total.

That's the tax on the stupid. Still beats 5.3% on a (Vegas) roulette wheel, though.

OTOH, the house takes 50% on state lotteries.

 

[SonofSouthie]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

Delaware starts single game betting on Tuesday.

 

[SonofSouthie]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

DraftKings and Resorts Casino in Atlantic City are teaming up for sports betting in Joisey.

 

[MavHockey14]

DraftKings and Resorts Casino in Atlantic City are teaming up for sports betting in Joisey.

I did get an email DraftKings plans to be in the gambling space.

Interested to see how it goes from here.

 

[The Rube]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

I'll prob stick to online stuff if this happens in MN. Of course, I'll wait a bit, because I have a feeling there will be some shady businesses at first, trying to get in on the money. Yes, I know they will all have to be licensed and such, but there will still be some shenanigans at first.

 

[MavHockey14]

I'll prob stick to online stuff if this happens in MN. Of course, I'll wait a bit, because I have a feeling there will be some shady businesses at first, trying to get in on the money. Yes, I know they will all have to be licensed and such, but there will still be some shenanigans at first.

Do you currently bet at all now?

 

[The Rube]

Re: Professional and Amateur Sports Protection Act ruled Unconstitutional

Do you currently bet at all now?

I haven't bet on sports in probably 15 years, and haven't done online poker since the Full Tilt shutdown, obviously excluding FFL and the occasional bet with a friend.