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Posted

So what do the ditches think of this. I have mixed feelings 

 

https://www.cnbc.com/2018/05/14/us-supreme-court-rules-for-new-jersey-in-states-fight-to-legalize-sports-betting.html

 

The Supreme Court opens up sports betting across the country

  • The U.S. Supreme Court rules that states can legalize sports betting.
  • The court upholds the legality of a 2014 New Jersey law permitting sports betting at casinos and racetracks in the state.
  • Nevada's Gaming Control board reported $4.8 billion in sports bets last year but Americans wager "$150 billion illegally each year through off-shore, black market bookies," according to DraftKings CEO Jason Robins.
Posted

Thoughts?

1) MD has always had a rather grumpy relationship with betting and gambling in general. We kicked up quite a fuss when we finally made it possible for casinos to come around, but we have rather severely limited them in many cases, so it really did not take in as much revenue as first hoped.

 

2) With a still mob-heavy presence in some locations, including B'more... illegal underground betting became quite lucrative.. which still shows that when you tend to outlaw something without common sense, it only seems to increase the use, and in particular black market.

 

3) I loathe all forms of gambling (though you can pretty much bet on anything in the UK). That includes imho the lotto (and it really is hypocritical of a state to love the lotto but not anything else). I find it predatory and never quite understand how a person would willingly dump large sums of cash into an effort that makes no fiscal sense (and knowing it is typically rigged or not favorable odds) and ruin their lives... but whatever makes you stupid happy I guess. Cheap thrills over-rule logic..

 

4) This is a sound ruling and a win for states rights. But you can clearly see parallels here, between other things the feds ban.. and that states want to allow.

 

5) Certain online sports betting and those that have quite lucrative 'careers' at it are usually very statistics-heavy or have developed algorithms... no average person could compete with that. States need to ensure it's fair for all to be that dumb.

 

6) Inherently it has the potential to get out of control and perhaps cause cheating without strong state regulation.

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Posted
23 minutes ago, bcking said:

If the state can obtain revenue from these activities, I don't have a problem with it. 

 

I'm a little confused why the case had to go to the Supreme Court. It seems obvious to me that States could decide for themselves?

The libertarian in me is all for it. Not even sure its the govts business

 

The common sense side of me says that if its nationwide, a lot of compulsive people will be on the streets so to speak 

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Posted

I don't get why not and I don't get why it only has to be at Casinos. I used to bet on NHL, soccer etc when I was in Sweden and it was all online. It was pretty fun. Didn't do a lot of it, just a little but it was fun. Sure like anything else it can cause issues like gaming addiction. But that can happen at casinos too. 





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Posted
25 minutes ago, bcking said:

If the state can obtain revenue from these activities, I don't have a problem with it. 

 

I'm a little confused why the case had to go to the Supreme Court. It seems obvious to me that States could decide for themselves?

There is a pesky Federal Law that only allows this thing (sports gambling) in Nevada and a few other select areas, hence a trip to SCOTUS.

 

https://en.wikipedia.org/wiki/Professional_and_Amateur_Sports_Protection_Act_of_1992

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Posted
Just now, Unidentified said:

I don't get why not and I don't get why it only has to be at Casinos. I used to bet on NHL, soccer etc when I was in Sweden and it was all online. It was pretty fun. Didn't do a lot of it, just a little but it was fun. Sure like anything else it can cause issues like gaming addiction. But that can happen at casinos too. 

Agree and I buy a lottery ticket every week for the Big jackpots, because its fun to fantasies. I know I have a better  chance  of being stuck by lighting in the nude playing gold with a president... but its just a dollar 

1 minute ago, Bill & Katya said:

There is a pesky Federal Law that only allows this thing (sports gambling) in Nevada and a few other select areas, hence a trip to SCOTUS.

 

https://en.wikipedia.org/wiki/Professional_and_Amateur_Sports_Protection_Act_of_1992

think there was lobbying in that Bill?

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Posted
3 minutes ago, Nature Boy Flair said:

Agree and I buy a lottery ticket every week for the Big jackpots, because its fun to fantasies. I know I have a better  chance  of being stuck by lighting in the nude playing gold with a president... but its just a dollar 

think there was lobbying in that Bill?

Maybe just a little bit.

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Posted
6 minutes ago, Nature Boy Flair said:

The libertarian in me is all for it. Not even sure its the govts business

 

The common sense side of me says that if its nationwide, a lot of compulsive people will be on the streets so to speak 

Ya I thought about mentioning that as well (the compulsive people issue)...

 

Though I do wonder just like anything else we make illegal...how many people are we actually preventing by making it illegal? If we legalized it, and were able to monitor it and it happened less "underground", could we not make it safer? Though as soon as you cut someone off at some point, they'll find another place to go.

 

12 minutes ago, yuna628 said:

Thoughts?

1) MD has always had a rather grumpy relationship with betting and gambling in general. We kicked up quite a fuss when we finally made it possible for casinos to come around, but we have rather severely limited them in many cases, so it really did not take in as much revenue as first hoped.

 

2) With a still mob-heavy presence in some locations, including B'more... illegal underground betting became quite lucrative.. which still shows that when you tend to outlaw something without common sense, it only seems to increase the use, and in particular black market.

 

3) I loathe all forms of gambling (though you can pretty much bet on anything in the UK). That includes imho the lotto (and it really is hypocritical of a state to love the lotto but not anything else). I find it predatory and never quite understand how a person would willingly dump large sums of cash into an effort that makes no fiscal sense (and knowing it is typically rigged or not favorable odds) and ruin their lives... but whatever makes you stupid happy I guess. Cheap thrills over-rule logic..

 

4) This is a sound ruling and a win for states rights. But you can clearly see parallels here, between other things the feds ban.. and that states want to allow.

 

5) Certain online sports betting and those that have quite lucrative 'careers' at it are usually very statistics-heavy or have developed algorithms... no average person could compete with that. States need to ensure it's fair for all to be that dumb.

 

6) Inherently it has the potential to get out of control and perhaps cause cheating without strong state regulation.

3) I agree, but to each his own. I never would do it myself and I have no interest but I see no reason to stop other people

 

5) Why does it have to be fair? Making money usually involves a certain amount of skill. Why can't skill come into play for gambling? As someone that doesn't gamble I don't really get it. If someone wants to build a statistics-heavy algorithm to give them an edge, I see no problem with that and I find it perfectly "fair" to other players (who either lack the skill or don't want to invest the time). The people that may find it "unfair" are the "House" (the people making money on you losing) but I don't really care much about them

 

6) If it's happening underground already it can already get out of control I imagine? I'd rather have some oversight and protection. If it got out of control but it is illegal, people may not bring themselves in for fear of reprisal since they were doing something illegal.

 

I agree there are a lot of commonalities between this and pretty much anything else a government wants to regulate. Swap "gambling" with "marijuana use" or "alcohol" or pretty much any other drug and most of the points remain. For me the most important issue is that OTHER PEOPLE (bystanders) are protected. As long as you are choosing to just hurt yourself and only yourself...I don't mind as much.

 

 

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Posted (edited)

My first job was working in a Bookies, did not realise State's could not control it.

 

Mostly Dogs and Horses. Changed a lot.

 

I usually put something on when attending a Football game, if I won it paid for the day. Did not win very often.

Edited by Boiler

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Posted
6 hours ago, Nature Boy Flair said:

Bam there it is. You Trump Derangement  syndrome manifested on page one on , one of the few threads that has nothing to do with trump.

Yeah you can't discuss anything here without someone mentioning Trump, Hillary and Obama. It's sad. 





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Posted

First of all, the title is a bit misleading.  Yes, SCOTUS did strike down the Bradley Act which limited legal sports betting almost exclusively to Nevada, but it did not sweepingly legalize sports betting across the country.  They seemed to rule on this as a 10th Amendment issue, and said the states can decide.  I believe they also said the Feds can regulate it (I interpret that as tax it), but except for NJ, I am not sure we are going to see sport books opening up across the country anytime soon.  It is also questionable as to what will happen to all the illegal sports betting that goes on today outside of Nevada.

 

18 hours ago, Nature Boy Flair said:

So what do the ditches think of this. I have mixed feelings 

 

As to the OP's original question.  Personally, I am not a big fan of gambling (sports or otherwise), money made for work is too precious to me to simply throw away.  Of course there is a chance that more folks will lose their shirts to gambling if it deemed legal, but I guess that is just human nature.

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Posted

People have argued for years that Texas is losing gambling monies to Louisiana, Oklahoma, and Nuevo Mexico.

If Texas opens up gambling, that revenue stays in-state.

However, loud objections would be forthcoming from the state's largest Native American tribe, the Casino Indians.

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