Get ready for the gambling floodgates to open for the NFL

  • To unlock all of features of Rams On Demand please take a brief moment to register. Registering is not only quick and easy, it also allows you access to additional features such as live chat, private messaging, and a host of other apps exclusive to Rams On Demand.

Prime Time

PT
Moderator
Joined
Feb 9, 2014
Messages
20,922
Name
Peter
https://profootballtalk.nbcsports.c...ainst-ban-on-state-sanctioned-sports-betting/

Supreme Court opens door to state-sanctioned sports betting
Posted by Josh Alper on May 14, 2018

97881714-e1526307553383.jpg

Getty Images

Bettors who wanted to gamble on sports legally have long had limited options to do so in the United States, but that is about to change.

The United States Supreme Court has ruled in favor of New Jersey in the state’s challenge to the federal law known as The Professional and Amateur Sports Protection Act. The law barred states from legalizing gambling on sporting events with the notable exception of Nevada and less notable exceptions for sports lotteries in three other states.

The court’s ruling that the law is unconstitutional, which came by a 7-2 vote, sets the stage for states to start allowing gambling on sports. How that will be implemented from state to state remains to be seen, but the amount of money on the table will lead many of them to make risking a few bucks on your favorite team a fairly easy undertaking.

Professional sports leagues have expressed an interest in getting a cut of that action as well, although NFL Commissioner Roger Goodell did not elaborate on the league’s plans for expanded sports betting in the United States when asked about it in March.

https://profootballtalk.nbcsports.com/2018/05/14/get-ready-for-the-gambling-floodgates-to-open/

Get ready for the gambling floodgates to open
Posted by Mike Florio on May 14, 2018

Monday’s landmark ruling from the U.S. Supreme Court allows all states to establish sports wagering programs. Most surely will.

It’s a far cry from the 1970s and 1980s, when states were haggling over the ethics of the daily number, Powerball jackpots, and scratch-off tickets. That said, those who fretted that low-level gambling would be the gateway to something more were right, because many states already have something more via table games. Now, every state can have it all.

And it will be much more than betting on the outcomes of games, either via point spreads of over-under propositions. A wide variety of prop bets will undoubtedly be available (including for example rookie quarterback over/unders, the topic of the attached video), along with the possibility of in-game wagering on the minutiae of a game, from ball vs. strike to run vs. pass to whether a putt is made or missed.

Basically, betting will be available on anything relating to sports, which means that it will be available on everything. And any state that launches a wagering program would be wise to take as much action as possible, because when the house sets the odds properly, the house always wins.

https://profootballtalk.nbcsports.c...s-business-whether-league-embraces-it-or-not/

Gambling will be good for NFL’s business, whether league embraces it or not
Posted by Michael David Smith on May 14, 2018

The NFL has officially held gambling at arm’s length, with strict rules against players, coaches, owners, officials and anyone else having any business interests in sports betting. But that doesn’t mean the NFL has no interest in sports betting.

The Supreme Court’s ruling today, opening the door to legal sports gambling in every state, will be very good for the NFL’s business, regardless of whether the NFL embraces gambling or continues to distance itself from it.

That’s because there’s going to be a huge increase in the number of people placing bets on NFL games this year, once they can do so at safe, legal, legitimate businesses in their own states. And an increase in the number of people placing bets on NFL games will lead to an increase in the number of people who care about NFL games.

That could mean a reversal of the league’s declining television ratings, if more bettors translates to more viewers, and even if it doesn’t end the league’s ratings slide, it will surely be profitable for the league’s network partners from an advertising perspective. Remember that brief time when Draft Kings and FanDuel ads were everywhere, before the government started cracking down on those businesses?

Expect a return of that kind of advertising environment, as there will be far more sports books advertising their services to fans. An increased demand to purchase advertising time on NFL games and other NFL-related programming is valuable to the NFL, even if the NFL keeps claiming that it doesn’t endorse gambling.

Of course, the league may come around on gambling, especially if the states that legalize gambling can be persuaded to pay the much-discussed “integrity fee” to the sports leagues, which would mean some of the money from betting on sports goes directly to the leagues themselves. It’s hard to imagine NFL owners turning down a chance to get a percentage of the gambling revenues.

Even if the integrity fees don’t come to fruition, however, the reality is today’s news is good for the NFL’s business. The NFL has officially stood against sports gambling for many years, but privately the league’s owners have to be pleased at the prospect of making a lot more money, thanks to the Supreme Court allowing Americans to bet money on games.

https://profootballtalk.nbcsports.c...hen-it-comes-to-setting-odds-for-local-teams/

States will need flexibility when it comes to setting odds for local teams
Posted by Mike Florio on May 14, 2018

The good news? States can now have sports betting. The bad news? State can now have sports betting.

States and/or those who will have the ability to take bets in a given state will need to be smart when it comes to setting odds — especially when it comes to bets involving local teams.

In and around Pittsburgh, for example, the locals will be inclined to bet the Steelers no matter the odds. Which means that it will be much harder for the house to achieve the broader goal of equal betting on each team. Which means that there will need to be local adjustments constantly made to the decisions made by sports books in Las Vegas.

And the sports books in Las Vegas can attest to the problem of too many wagers being placed on the home team. Local fans, swept up by the excitement of having an NHL franchise, bet heavily on the Golden Knights. As a result, the casinos have been losing money on the winning team — and they’ll lose big if the Golden Knights win the Stanley Cup, especially since at one point the odds were set at 500-1.

Even without local bias affecting the action, states can easily screw this up. In 1976, Delaware took a bath over bad betting lines. That’s why most states will have outside entities handle the action, with the state simply getting a cut. Either way, whoever is setting the odds will be facing unique challenges based on the betting trends involving the local teams.

In most states, the sports books will quickly become fans of every team that local team is playing. They’ll particularly become fans of any team that the locals love to hate.
 

wolfdogg

Hall of Fame
Joined
Jun 19, 2014
Messages
2,965
Name
wolfdogg
Personally, I doubt this will make me bet on the rams from here in Montana. As a matter of fact, ill wager $100 at 5/2 that my over/under of 9.5 seasonal prop bets is actually under...unless we're counting any parlays.
 

DaveFan'51

Old-Timer
Rams On Demand Sponsor
Joined
Apr 18, 2014
Messages
18,666
Name
Dave
I will undoubtedly bet frequently on Rams games!!(y) It's n my DNA!!:mrburnsevil:
 

Prime Time

PT
Moderator
Joined
Feb 9, 2014
Messages
20,922
Name
Peter
  • Thread Starter Thread Starter
  • #5
https://profootballtalk.nbcsports.com/2018/05/14/cuban-value-of-sports-teams-will-double/

Cuban: Value of sports teams will double
Posted by Mike Florio on May 14, 2018

gettyimages-872185880-e1526318031981.jpg

Getty Images

Yes, legalized sports wagering will help sports leagues — even if they don’t get the clumsily-named money grab known as an “integrity fee.” Increased interest in the various sports will create more value. Substantially more value.

Dallas Mavericks owner Mark Cuban predicted on CNBC that legalized gambling will result in the doubling of the value of sports teams in each of the four major leagues: NBA, NFL, NHL, and MLB.

Ted Leonsis, owner of the NBA’s Washington Wizards and the NHL’s Washington Capitals, separately said on CNBC that the development will specifically help the NFL.

“This should reinvigorate the NFL and drive value into teams,” Leonsis said on CNBC. “You have 11 players on defense and offense, each doing a discrete action, and then there’s 30 seconds in between plays. Now all of a sudden football can be reborn.”

It be reborn as a modern-day sort of jai alai, with the human combatants the subject of real-time bets tied not only to the outcome of the game but to the outcome of each and every play. That same approach can apply in baseball; Cuban said it will actually be fun to go to a baseball game again). For basketball and hockey, it will be more difficult to break the betting opportunities into specific segments.

Regardless, the ability to bet will pump up all pro sports, with the NFL perhaps at the forefront.

https://profootballtalk.nbcsports.c...or-a-regulatory-framework-for-sports-betting/

NFL plans to lobby Congress for a “regulatory framework” for sports betting
Posted by Mike Florio on May 14, 2018

The NFL has lost in the judicial branch (even if the NFL actually has won at every branch of every bank with which it does business). The league now will take the gambling fight to the legislature.

In its first statement issued in the aftermath of Monday’s landmark ruling paving the way for nationwide sports betting, the NFL makes clear its intention not to lobby individual states but to lobby Congress for a law that protects the NFL’s interests.

“The NFL’s long-standing and unwavering commitment to protecting the integrity of our game remains absolute,” the league said. “Congress has long-recognized the potential harms posed by sports betting to the integrity of sporting contests and the public confidence in these events.

Given that history, we intend to call on Congress again, this time to enact a core regulatory framework for legalized sports betting. We also will work closely with our clubs to ensure that any state efforts that move forward in the meantime protect our fans and the integrity of our game.”

The NFL may have a hard time getting Congress to pass any laws that would regulate state-by-state gambling, given that Monday’s ruling arises from the rights of states to determine whether they want to have sports wagering, without interference from the federal government.

At the state level, the reference to the protection of fans and “the integrity of our game” could be another way of phrasing the money-for-nothing “integrity fee” that the sports leagues are seeking. Regardless, the NFL will have little or no leverage to make that request in the states where the NFL currently doesn’t do business. In the states where NFL teams currently reside, the league will have slightly more leeway when it comes to getting a cut, ostensibly to protect fans and ensure the integrity of the game.

Still, it would be far more effective to get a favorable federal law that applies to all states. The NFL apparently will give that a try initially, even if anything that restricts the ability of states to determine the scope and breadth of sports gambling programs will presumably fail for the same reason that the law prohibiting any sports wagering finally has been scrapped.

https://profootballtalk.nbcsports.c...uld-have-sports-betting-programs-by-week-one/

Six to 10 states could have sports betting programs by Week One
Posted by Mike Florio on May 14, 2018

The floodgates are open, but it may take a little time for the water to get through.

In the immediate aftermath of the Supreme Court ruling that paves the way for states to adopt sports wagering, a sports media executive with knowledge of the overall betting landscape and dynamics has predicted to PFT that six to 10 states will have sports betting programs in place before the NFL regular season begins.

With sporting events happening virtually every day, any delay results in money being lost. That’s why states like West Virginia were wise to adopt a sports wagering bill before the Supreme Court decision (but will be the opposite of wise if it wedges a money-for-nothing “integrity fee” onto the bill).

Eventually, most if not all states will get in on the act, especially as they start to see how sports wagering performs in states that have it. The looming explosion of wagers on all forms of sports should result in a major uptick in interest in these sports. This could make gambling, as the executive described it, the biggest development in sports media in our lifetime.
 

ScotsRam

Rams On Demand Sponsor
Rams On Demand Sponsor
Joined
Jun 24, 2010
Messages
3,151
Name
Niall
I think America should think very carefully about this. The lid came off re: sports gambling maybe a decade ago in the UK and we wish we could put it back on.
 

gogoat1

Starter
Joined
Jun 18, 2014
Messages
971
Name
Troy
Great, more fodder for the gambling degenerates. I have reason for this opinion. I am Native American and have lived long enough (53) to see the difference with and without it.
Before full blown Indian Casinos when you wanted to get your gamble on you saved up and made a weekend trip to Reno and came back with empty pockets. Fair enough, if you were into that sort of thing. Now (Humboldt) has 3 large casinos.
Now we have many families living on the edge with addicted gamblers. Myself, I know 3 families that have declared bankruptcy and lost their homes. Plenty of losers just work to gamble.
Now we have pawn shops popping up that were never around here. Check chasing joints that never were here either. Lot Lizard skanky hookers sitting on slot machine chairs in tiny little Blue Lake Ca.
Close down mills and up pops casino service jobs, nice.
Where there is gambling money there is bad deeds. To all you non Indians, every one of these Indian casinos is dirty. Very few Natives at the top get filthy rich, they control the money. It does not go to the tribal members, well, very little of it. I know some stupid rich Indians. And a TON of poor ones.
That Blue Lake casino has a board. And on it there is a white lady. How she got there know ones knows. She is Portuguese. She has houses in Japan and Switzerland. And by the way, she was one of them who kicked out all the long time low income residences in the trailer park for a seldom used overflow parking lot.
So forgive me if I am suspicious of mass legalized gambling.
Hey, its not like I don't go to Reno/Vegas once every 2-4 years and play a little 5$ blackjack. Sit down with 100$ and if I loose leave. But you will not EVER catch me in a Indian casino of any kind. And I do not have to pay a dime of tax if I won big there. I just know for a fact how crooked they are and the lives they have ruined. If they all were gone I could not care less. If you want to find a group of people who are just plain less intelligent than then the average person, just walk into your local Indian casino and sit down in the slot section, particularly, and look around.
 

Ram65

Legend
Joined
Apr 30, 2015
Messages
9,597
Great, more fodder for the gambling degenerates. I have reason for this opinion. I am Native American and have lived long enough (53) to see the difference with and without it.
Before full blown Indian Casinos when you wanted to get your gamble on you saved up and made a weekend trip to Reno and came back with empty pockets. Fair enough, if you were into that sort of thing. Now (Humboldt) has 3 large casinos.
Now we have many families living on the edge with addicted gamblers. Myself, I know 3 families that have declared bankruptcy and lost their homes. Plenty of losers just work to gamble.
Now we have pawn shops popping up that were never around here. Check chasing joints that never were here either. Lot Lizard skanky hookers sitting on slot machine chairs in tiny little Blue Lake Ca.
Close down mills and up pops casino service jobs, nice.
Where there is gambling money there is bad deeds. To all you non Indians, every one of these Indian casinos is dirty. Very few Natives at the top get filthy rich, they control the money. It does not go to the tribal members, well, very little of it. I know some stupid rich Indians. And a TON of poor ones.
That Blue Lake casino has a board. And on it there is a white lady. How she got there know ones knows. She is Portuguese. She has houses in Japan and Switzerland. And by the way, she was one of them who kicked out all the long time low income residences in the trailer park for a seldom used overflow parking lot.
So forgive me if I am suspicious of mass legalized gambling.
Hey, its not like I don't go to Reno/Vegas once every 2-4 years and play a little 5$ blackjack. Sit down with 100$ and if I loose leave. But you will not EVER catch me in a Indian casino of any kind. And I do not have to pay a dime of tax if I won big there. I just know for a fact how crooked they are and the lives they have ruined. If they all were gone I could not care less. If you want to find a group of people who are just plain less intelligent than then the average person, just walk into your local Indian casino and sit down in the slot section, particularly, and look around.

That's sad.
 

Ram65

Legend
Joined
Apr 30, 2015
Messages
9,597
https://www.si.com/more-sports/2018...ting-legal-which-states-allow-sports-gambling
Where is Sports Betting Legal: In Which States Can You Gamble on Sports?
By KHADRICE ROLLINS
May 14, 2018
The United States Supreme Court ruled in a 7-2 decision Monday to strike down a federal ban on sports betting.

The move does not automatically legalize sports gambling across the country, but it does grant states the autonomy to make the decision for themselves if they want sports betting legalized or not.

The Professional and Amateur Sports Protections Act of 1992 put a federal ban on state-authorized sports gambling in every state that did not meet already legalize sports betting by the 1991 deadline.

Only Nevada, Delaware, Montana and Oregon already allow sports betting and Nevada is the only state to allow single-game wagering.

A report from Eilers & Krejcik Gaming predicts 14 states could have legalized sports gambling within two years including New Jersey, Mississippi, Michigan, Pennsylvania and Connecticut. For now however, it is still illegal in the 46 states not mentioned previously, but the federal ban is no longer in play.
 

LesBaker

Mr. Savant
Joined
Aug 23, 2012
Messages
17,460
Name
Les
Professional sports leagues have expressed an interest in getting a cut of that action as well, although NFL Commissioner Roger Goodell did not elaborate on the league’s plans for expanded sports betting in the United States when asked about it in March.

the clumsily-named money grab known as an “integrity fee.”

Greed, greed and more greed.

You know that teams are going to have apps to allow fans to bet on outcomes play by play and entire games and become electronic "casinos" as fast as they can write the code.

Ironic that it's called integrity fee.

We will almost certainly see refs/players compromised by bribes.

I think America should think very carefully about this. The lid came off re: sports gambling maybe a decade ago in the UK and we wish we could put it back on.

I have some thoughts Scots but I would love to hear you elaborate on how this unfolded in the UK.
 

ScotsRam

Rams On Demand Sponsor
Rams On Demand Sponsor
Joined
Jun 24, 2010
Messages
3,151
Name
Niall
Greed, greed and more greed.

You know that teams are going to have apps to allow fans to bet on outcomes play by play and entire games and become electronic "casinos" as fast as they can write the code.

Ironic that it's called integrity fee.

We will almost certainly see refs/players compromised by bribes.



I have some thoughts Scots but I would love to hear you elaborate on how this unfolded in the UK.

It's the same as booze and drugs. It adversely affects those who can least afford to have it affect them. Look in any rundown area in a British city and I guarantee the nicest building will be the betting shop. I can put a tenner a week on an accumulator and it doesn't matter if it loses. Others can't afford to lose that 40 quid a month.
 

Prime Time

PT
Moderator
Joined
Feb 9, 2014
Messages
20,922
Name
Peter
  • Thread Starter Thread Starter
  • #14
https://profootballtalk.nbcsports.com/2018/05/14/say-goodbye-to-your-friendly-neighborhood-bookie/

Say goodbye to your friendly neighborhood bookie
Posted by Mike Florio on May 14, 2018

Today is the day that bookies throughout America have dreaded.

On the surface, those who have been taking illegal bets on sporting events should be relieved that the primary impediment to legalization has been cleared. But few bookies ever get busted for taking bets; other illegal activities and/or income tax irregularities tend to be the things that get those who serve as the mom-and-pop “house” the wrong kind of jackpot.

Once gambling is legal in a given state, the state will have a clear incentive to protect its state-run gambling program by keeping people from placing bets elsewhere. Which will give the state something it never previously had. Namely, the state will have a clear financial incentive to wipe out competition.

Bookies will become the competition. And some bookies may still try to operate in conjunction with legalized sports betting program, enhanced risks notwithstanding.

Indeed, traditional bookies will continue to serve one specific subset of the betting public: Those who want to bet on credit. While this could increase the incidence of broken thumbs and/or kneecaps, those who would gladly (or otherwise) pay on Tuesday for a hamburger today will still be looking for a way to bet.

And if there’s a demand, a supply will exist. Increased risks of incarceration notwithstanding.
 

Ram65

Legend
Joined
Apr 30, 2015
Messages
9,597
I'm trying to envision how this will work. Locally for me Pennsylvania and New Jersey will be jumping in.

So states make the laws/rules on gambling. PA liquor sale is still state run so no beer at 7-11 but that's another story.

Even without local bias affecting the action, states can easily screw this up. In 1976, Delaware took a bath over bad betting lines. That’s why most states will have outside entities handle the action, with the state simply getting a cut. Either way, whoever is setting the odds will be facing unique challenges based on the betting trends involving the local teams.


Would states open up betting shops?

Will it be in Casinos and OTB places only?

Competition online will be interesting as it won't take long to see who is giving the best odds.

While I'm not a gambler I can see the temptation.

I've thought about getting serious about gambling on NFL but, the reality I don't follow the trends enough. Amazing how I here the guys giving then selling their picks each week on the local radio sports stations.

"I'll give you the lock of the week for free" I'm 5-0 this year and was 14-2 last year".....they get your phone number and I imagine they hound you to pay for picks for the rest of the season.

I guess it would be cool to place a few innocent bets. I made some ROD $$$$ this past year on the Rams. Mostly TD passes, runs and by who. Thanks @flv. I'm not so sure this is a good thing with real dollars for many people.
 

OldSchool

Rams On Demand Sponsor
Rams On Demand Sponsor
ROD Credit | 2022 TOP Member
Joined
Nov 3, 2013
Messages
38,393
Not a shock, but I would be surprised if this changed things a lot. Vegas will set the majority of the lines still, if states are smart. Vegas companies operate most Tribal casinos as it is and will just expand their deals with them to include sports books. He’ll my step brother works for the Nevada gaming board and spends most of his time out of state already.