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And mobsters are crying everywhere....

 

Breaking: The U.S. Supreme Court has struck down a federal anti-sports gambling law, giving states the go-ahead to allow betting on sports.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

^ Good news. That was expected once Gorsuch got on the court. He was pretty much known as strongly in favor of striking it down.

^ This is good news but I think this was a 7-2 decision so Gorsuch was really a non factor.

^ This is good news but I think this was a 7-2 decision so Gorsuch was really a non factor.

 

Even in a 9-0 decision, each justice's views are taken into account and reconciled into the decision. That is the reason why there are concurring opinions and majority opinions and even en banc opinions. There is a lot of debate back and forth during the writing of the decision. So Gorsuch's viewpoint played an important role.

 

Also, my point about him was that prior to him taking the court, there was more support for the State's position. It was seen at the very least that he would be a swing vote if it came down to it. In this case, that was not needed. 

The interesting thing is that 2 of the parties who were on the side against expanded gambling have been actively lobbying and making arrangements for it to become legal (MLB and NBA) plus there have been some college conferences (namely the BIG) who have been working out plans behind the scenes to hit the ground running once this was overturned.

I haven't read the decision yet but the quick summary I saw said that it would still be constitutional for Congress to regulate sports betting directly, but it just wasn't constitutional to both decline to expressly do so under federal law and then discriminate among the states in the way that the existing act did (Nevada grandfathered in, everyone else essentially categorically banned, etc.).  So this is likely to see a legislative response of some kind, but the privileged position of Nevada is unlikely to survive whatever legislative process arises from this.

I think the cat is out of the bag too much to take sports betting away. There is too much money at stake for states who are financially hurting and leagues who see a huge revenue source to ban it altogether.

 

I saw something a while back that the rise in 24/7 cable sports has a lot to do with the rise in sports books and gambling. I think the NBA did something on this. They realized that the average fan does not care to watch a Wednesday game between Minnesota and Memphis but with sports gambling, it can generate an audience.

Just in time for the 100-year anniversary of the Black Sox scandal. 

 

Sports betting is so, so lame.  I hate sitting around at work listening to the same dumbasses who play the Pick 3/4 every single day also talk about sports.  All of this energy spent speculating about the NBA playoffs could be better spent reading stock and real estate books, but these guys will never do it. 

^its a sickness.  Agree...take all of that obsessed and nervous energy and direct it to something productive and not towards a bunch of guys who are just doing their jobs.

 

The funny thing is, people who are obsessed with sports betting will tell you its not a sickness.  Of course they couldnt give it up...which by definition, makes it a sickness.

^its a sickness.  Agree...take all of that obsessed and nervous energy and direct it to something productive and not towards a bunch of guys who are just doing their jobs.

 

The funny thing is, people who are obsessed with sports betting will tell you its not a sickness.  Of course they couldnt give it up...which by definition, makes it a sickness.

 

Agreed, but the solution was not to build a desert metropolis where all the laws are different.

The last time I got really fired up about a team was the 1999 Reds.  I invested so much goddamn time following the team that year -- night after night watching Sports Center, getting mad at how they kept ignoring the Reds -- and then they blew it. 

 

Well these guys get to ages 40, 50, 60, and are still spending that sort of time, year-round, often following teams that aren't even from their city.  The thing that is crazy about sports fandom is the idea that it is "interactive".  Aside from calling into talk radio or wasting a lot of time on Twitter, there is no "interaction". 

Just in time for the 100-year anniversary of the Black Sox scandal. 

 

Sports betting is so, so lame.  I hate sitting around at work listening to the same dumbasses who play the Pick 3/4 every single day also talk about sports.  All of this energy spent speculating about the NBA playoffs could be better spent reading stock and real estate books, but these guys will never do it. 

 

Sports betting is an investment. Have you listened to the investing show on 1530 Saturday mornings that explain this to you. There are a bunch of Long Island guys who live in Vegas who can explain to you that you can be making much higher returns investing in sports wagering than you can in the market.

Just in time for the 100-year anniversary of the Black Sox scandal. 

 

Sports betting is so, so lame.  I hate sitting around at work listening to the same dumbasses who play the Pick 3/4 every single day also talk about sports.  All of this energy spent speculating about the NBA playoffs could be better spent reading stock and real estate books, but these guys will never do it. 

 

Sports betting is an investment. Have you listened to the investing show on 1530 Saturday mornings that explain this to you. There are a bunch of Long Island guys who live in Vegas who can explain to you that you can be making much higher returns investing in sports wagering than you can in the market.

 

;D ;D ;D

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Whenever I catch these guys on the radio I just have to listen because of how pathetic they sound. If there is anyone who you would not want to trust with your money, It would be these guys

  • 4 years later...

Trouble in paradise.  

 

Here we are, in 2023, having to re-learn why sports betting was made illegal 100+ years ago:  

https://ftw.usatoday.com/2023/01/dayton-coach-anthony-grant-ohio-sports-betting-ban

 

This is just the beginning of one incident like this after another.  At some point someone's going to get physically attacked, then it's going to happen again.  It's going to be like school shootings.  The sports books are well-funded and they'll be able to pay off politicians.   

 

There was a movie about this made in the late 1990s called Buffalo 66.  The main character gets out of prison and kills the Bills kicker who missed the field goal that caused him to lose money.  

Edited by Lazarus

  • ColDayMan changed the title to Sports Betting

Sports isn't like roulette or slot machines in that society brings up sports constantly. TVs don't go five minutes without mentioning sports.

32 minutes ago, GCrites80s said:

Sports isn't like roulette or slot machines in that society brings up sports constantly. TVs don't go five minutes without mentioning sports.

 

Local radio is now absolutely dominated by sports betting commercials. 

 

700WLW commercials:

-car dealerships

-viagra

-roof/basement repair

-sports betting

 

When the Machine Room at GABP opened in 2003 it was open weekdays for "the downtown lunch crowd". However, its terrible location killed that idea after a few months.

 

How long will this last?

 

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"It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton

  • 9 months later...

Thank you for not naming this thread “Yabo’s Greatest Source of Misery.”

you could say the same thing about stock trading.

23 minutes ago, Lazarus said:

 

Yes it should have, because it happened anyway and was going to continue to do so.   This way it is regulated and a more or less honest process.

2 minutes ago, ryanlammi said:

you could say the same thing about stock trading.

 

You beat me to it.   A company hiding vital information from shareholders can be sued as well.

1 hour ago, E Rocc said:

 

You beat me to it.   A company hiding vital information from shareholders can be sued as well.

 

 

A pro sports team is not a publicly traded company and there has never been any expectation that health information ought to be made public for the benefit of gamblers.  A gambler does not own a share of the team.  A shareholder does, even if they only hold the stock for one second.

 

It's just a matter of time before someone intentionally misses a field goal and Vincent Gallo can produce Buffalo '66 Part 2

 

 

 

 

2 minutes ago, Lazarus said:

 

 

A pro sports team is not a publicly traded company and there has never been any expectation that health information ought to be made public for the benefit of gamblers.  A gambler does not own a share of the team.  A shareholder does, even if they only hold the stock for one second.

 

It's just a matter of time before someone intentionally misses a field goal and Vincent Gallo can produce Buffalo '66 Part 2

 

 

 

 

Yeah, because nobody gambled on sports prior to Draftkings. Cmon man, this is a pretty obtuse take.

19 hours ago, Ineffable_Matt said:

Yeah, because nobody gambled on sports prior to Draftkings. Cmon man, this is a pretty obtuse take.

 

In the recent past, gamblers had no legal recourse when and if something or somebody interfered with the outcome of a game.  For example, if a coach is found to substitute backup players in an effort to intentionally lose a game, in the past, no gambler had any legal standing.  If a team is caught stealing signals, no illegal gambler could do anything about it in the past.  Now they can and will, if only to attract cheap publicity (see Barstool Sports).  This is going to turn into scandal after scandal.  Gambling is going to become bigger than the sports themselves. 

 

Edited by Lazarus

Sometimes it seems like that with the EPL. We don't see it over here since we just get the matches but dudes over there are sniffing coke and gambling their brains out. Soccer, F1 even darts.

 

With horse racing the gambling is bigger than the sport in the US already. 

Gambling was an easier sell than marijuana since you can do it all night then still drive a car afterwards. In a society that makes people drive in order to be around others that's important. 

1 hour ago, GCrites said:

With horse racing the gambling is bigger than the sport in the US already. 

 

 

There would be no horse racing if not for the gambling. 

 

In Japan they have the closed-track bicycle racing that exists purely for gambling.  They force everyone to ride the same old bikes from the 1960s and quarantine before races (total communications blackout) to prevent race fixing. 

 

If they only allowed gambling on the WNBA and not the NBA, there would be surge in interest in the WNBA. 

 

 

Also in Japan they hold asphalt oval motorcycle racing for gambling purposes. The same kind of techniques are used to prevent the riders from getting paid off with side bets. They are brought onto the track in little soundproof booths. It is pretty much the only place and situation in the world where asphalt oval motorcycle racing is popular and it probably wouldn't even exist without betting.

7 hours ago, GCrites said:

Also in Japan they hold asphalt oval motorcycle racing for gambling purposes. The same kind of techniques are used to prevent the riders from getting paid off with side bets. They are brought onto the track in little soundproof booths. It is pretty much the only place and situation in the world where asphalt oval motorcycle racing is popular and it probably wouldn't even exist without betting.

 

 

This is a pretty good report:

 

 

 

 

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