King Colt

Legalized Sports Gambling Is Coming

Recommended Posts

"WASHINGTON - The Supreme Court on Monday struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports.

The Supreme Court ruled 6-3 to strike down the Professional and Amateur Sports Protection Act. The 1992 law barred state-authorized sports gambling with some exceptions. It made Nevada the only state where a person could wager on the results of a single game.

One research firm estimated before the ruling that if the Supreme Court were to strike down the law, 32 states would likely offer sports betting within five years."

 

Think about this, presently there are talk shows airing constantly along with the internet. What impact will this have on betting? One example, a typical round table discussion like we currently have and they consist of predictions and opinions. How can we have there types of shows when they can easily sway waging? One slip of the tongue could easily change the odds like injuries for example. Secondly, this could turn pregame shows in to nothing more than "how do the odds makers see this game?" Third, what will the impact of nationwide gambling be on college players being entitled to a portion of the money? This could be a real hornets nest.

 

  • Like 1

Share this post


Link to post
Share on other sites

One more reason not to watch pre-game shows.

  • Like 2

Share this post


Link to post
Share on other sites

I can't see how this is a good idea

  • Like 1

Share this post


Link to post
Share on other sites
28 minutes ago, Nadine said:

I can't see how this is a good idea

 

It probably isn't, but a lot like the lotto, Uncle Sam doesn't care about people throwing their money away gambling, as long as he gets the tax :cash:

 

:dunno:

  • Like 3

Share this post


Link to post
Share on other sites
54 minutes ago, Nadine said:

I can't see how this is a good idea

 

Illinois' going to love this.

They're already trying to increase the RE Tax by 1% to fund the now non-existent pension fund.

Share this post


Link to post
Share on other sites

I am alright with this at the pro level.  I do have concerns about betting at the college level though.

Share this post


Link to post
Share on other sites
10 minutes ago, buccolts said:

 

Illinois' going to love this.

They're already trying to increase the RE Tax by 1% to fund the now non-existent pension fund.

  The lottery was supposed to fix everything but the more money they get, the more money that disappears

  • Like 1

Share this post


Link to post
Share on other sites
8 minutes ago, Nadine said:

  The lottery was supposed to fix everything but the more money they get, the more money that disappears

Don't forget Toll Roads.

I'm starting to remember why I'm here.      :)

 

I'm expecting another mass exodus from Illinois to Indiana.

Then we can watch news blurbs of ILL politicians laughing at people (instead of business') making that departure.

Good stuff.

  • Like 1

Share this post


Link to post
Share on other sites

So who is going to be the Pete Rose of the NFL?

 

I assume players will still be prohibited from participating...

 

But what if, hypothetically, Giselle Bundchen Brady makes $100 million on a legal bet when the Pats lose this next SB because Tom got sacked 10 times and threw 4 picks...  Is Tom Brady going to add GamblingGate to his career?

 

haha

  • Haha 2

Share this post


Link to post
Share on other sites
23 minutes ago, buccolts said:

Don't forget Toll Roads.

I'm starting to remember why I'm here.      :)

 

I'm expecting another mass exodus from Illinois to Indiana.

Then we can watch news blurbs of ILL politicians laughing at people (instead of business') making that departure.

Good stuff.

Indiana did the same thing with toll roads. Short term cash for whatever they want instead of using the money just for the roads.

  • Like 2

Share this post


Link to post
Share on other sites
4 hours ago, Nadine said:

I can't see how this is a good idea

 

If it eliminates bookies and all of the seedy aspects of illegal gambling, that alone would be a good thing, but like with anything else, there'll almost definitely be unanticipated aspects that are definitely bad.

Share this post


Link to post
Share on other sites
43 minutes ago, Steamboat_Shaun said:

 

If it eliminates bookies and all of the seedy aspects of illegal gambling, that alone would be a good thing, but like with anything else, there'll almost definitely be unanticipated aspects that are definitely bad.

it combines the seedy aspects of illegal gambling with government.

Call me dubious

  • Like 4

Share this post


Link to post
Share on other sites
1 hour ago, Steamboat_Shaun said:

 

If it eliminates bookies and all of the seedy aspects of illegal gambling, that alone would be a good thing, but like with anything else, there'll almost definitely be unanticipated aspects that are definitely bad.

 

Only the names will change, but, at least, we'll be able to vote them out of office.

Though, I suppose you'll need to be able to identify them first.

 

Share this post


Link to post
Share on other sites
1 hour ago, Steamboat_Shaun said:

 

If it eliminates bookies and all of the seedy aspects of illegal gambling, that alone would be a good thing, but like with anything else, there'll almost definitely be unanticipated aspects that are definitely bad.

Some are worried this may result in rigged games.  I don't know how valid those concerns are, but I could see it

Share this post


Link to post
Share on other sites
3 minutes ago, 21isSuperman said:

Some are worried this may result in rigged games.  I don't know how valid those concerns are, but I could see it

 

?

Why would this raise more suspicion than there already is?

 

I hope this doesn't mean I'll be getting MORE texts with deals and insider info.

Share this post


Link to post
Share on other sites
3 minutes ago, PrincetonTiger said:

Easy answer 

  Don’t Participate 

I don't think that's any kind of an answer.  It's not a matter of personal preference.

Share this post


Link to post
Share on other sites
Just now, Nadine said:

I don't think that's any kind of an answer.  It's not a matter of personal preference.

Yes it is

Share this post


Link to post
Share on other sites

History has shown that gambling profits can lure some to take part in game altering decisions. Not saying that is going to happen. The question to me is, will legalizing it increase the amount of money changing hands to the point where $ influences integrity?

  • Like 3

Share this post


Link to post
Share on other sites
1 minute ago, Nadine said:

No, it's far more complex

https://govinfo.library.unt.edu/ngisc/reports/7.pdf

https://entertainism.com/negative-effects-of-gambling

http://calpg.org/impacts-on-the-community/

 

That's without considering the impact on government or the impact on sports

 

 

No it is not

 

  the same way I and many others do not partake in other legal but morally shady items

Share this post


Link to post
Share on other sites
8 minutes ago, Four2itus said:

History has shown that gambling profits can lure some to take part in game altering decisions. Not saying that is going to happen. The question to me is, will legalizing it increase the amount of money changing hands to the point where $ influences integrity?

 

Influencing the outcome of the event will still be illegal, and I'd think easier to enforce since all money changing hands would be documented and taxed. But I'm also not so naive to think this system won't be manipulated and exploited just like any other system that generates revenue.

  • Like 1

Share this post


Link to post
Share on other sites
6 minutes ago, PrincetonTiger said:

Almost every state already have apparatus to handle gambling

are you a gambler?

15 minutes ago, PrincetonTiger said:

No it is not

 

  the same way I and many others do not partake in other legal but morally shady items

wow, you really read all that fast

  • Like 1

Share this post


Link to post
Share on other sites
6 minutes ago, Nadine said:

are you a gambler?

wow, you really read all that fast

No

I didn’t need to read it 

Share this post


Link to post
Share on other sites
Just now, PrincetonTiger said:

No

I didn’t need to read it 

Disagree

Share this post


Link to post
Share on other sites

http://calpg.org/impacts-on-the-community/

The National Council on Problem Gambling estimates that gambling addiction carries an annual cost of $7B (billion, with a “b”) as a direct result of crime, bankruptcy and cross-addiction. According to the 2006 California Prevalence Survey, problem gamblers are 3 to 3.5 times as likely to be arrested or spend time in jail, and are 2 to 7 times more likely to smoke, binge drink, take illegal drugs.

Other impacts on the community include:

Domestic violence, neglect of children and family and senior abuse

Relationship break-ups / divorce.

Job loss, unemployment

Debt, bankruptcy

Embezzlement, fraud, check forgery

Eviction, forced home sales or foreclosure

Crime, arrest, incarceration

Poor physical and mental health

Suicide

  • Like 1

Share this post


Link to post
Share on other sites
6 minutes ago, Nadine said:

Disagree

Live a county away from Tropicana and 2 counties from Ellis Park and a former Kentucky Derby winner and regular TC horse owner is from Princeton 

 

 

  I lived the argument during HS including a stint as a pro casino advocate at a Ligar Symposium during HS

 

  if it wasn’t for the Casino and Toyota my region would have died

Share this post


Link to post
Share on other sites

Gambling is a wonderful thing if done properly. It can up the excitement for a game/multiple games. Do your research, and you can make a nice profit from it. I'm not from the US, but IMO sports betting (if done responsibly) can add a nice flavor to your life. 

 

Share this post


Link to post
Share on other sites
43 minutes ago, PrincetonTiger said:

Live a county away from Tropicana and 2 counties from Ellis Park and a former Kentucky Derby winner and regular TC horse owner is from Princeton 

 

 

  I lived the argument during HS including a stint as a pro casino advocate at a Ligar Symposium during HS

 

  if it wasn’t for the Casino and Toyota my region would have died

I can see that your personal experience is positive.

That's not the case in other communities

I also see that you are not here to consider other opinions so, I'm done

  • Like 2

Share this post


Link to post
Share on other sites
41 minutes ago, PrincetonTiger said:

IMO 

 Gambling is a choice 

Opioids are a choice as well.  They're also destroying lives and communities across the country.

  • Like 1

Share this post


Link to post
Share on other sites
1 minute ago, Nadine said:

Opioids are a choice as well.  They're also destroying lives and communities across the country.

If you let it

   Nothing can be solved by complaints alone

  • Haha 1

Share this post


Link to post
Share on other sites
5 minutes ago, Nadine said:

I can see that your personal experience is positive.

That's not the case in other communities

I also see that you are not here to consider other opinions so, I'm done

Who said I am not here to listen to other opinions just that as a Political Scientist and a person who lived through a debate and heard both sides of the Agrument daily for a year plus that I have heard and understand every one

Share this post


Link to post
Share on other sites

@Nadine

  This could be a mute point since it will require a state mandate and currently the Indiana Legislature has yet to even discuss creating one

Share this post


Link to post
Share on other sites

People can rig games. They always had that option. Nothing has changed. It will still be illegal

People can gamble. They always had that option. Nothing has changed, except the fact that it will be legal.

Excessive gambling can ruin lives. That was always the case. Nothing has changed.

 

Reality is, that in countries all over the world, mine included (Denmark), people have been legally able to place bets on sports since forever. There are no more gambling addicts here, than in the US.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Thread of the Week

  • Topics

  • Posts

    • Im personally in the wait and see group.  My reasons for optimism are the things being said are in line with how I think a team should be ran (but as we all know talk only goes so far) and I think we got a good coaching staff to facilitate a vision. Which is also something I love is that this team seems to have a vision or an identity if you will. Something we sorely lacked with the previous regime.   My reasons for caution though are what worry me.  While I liked parts of the draft I feel like Ballard did not take what the draft gave him. And I'll be in even more caution if we go and sign multiple defensive ends next year (it's going to be a great year for the entire dline) when we spent 2 high picks on them this year. To me it seems like he got to cute for his britches after making the obvious pick and that reminds me of Grigson. Is that an overreaction? Time will tell.  But it's a big reason for concern since this is supposedly the main entrance of talent is via this man's draft strategy.  Also I don't want a Polian approach to free agency and I get the feeling that is what we are getting.  That's underwhelming especially in an age where the salary cap is ever increasing and the options to sign decent talent for reasonable money are becoming more and more viable. Take the Breeland free agent as an example.    Either way despite my worries I'd say I have more optimism than pessimism and a far playoff run would probably have me sold.  But less than. 8 wins and I'm going to be questioning pretty hard.  Luck is good enough for us to reach the 50/50 mark. 
    • Well I mean new place, so not unexpected but could have fun with it
    • Rookies, Injured players, and QB's were to report today.
    • At least you’re consistent...    wrong, but consistent.   This is now twice you’ve said people here would be blaming Ballard if the Leonard deal hadn’t gotten done.   The only people who’d be bashing Ballard are the ones who don’t understand the new CBA.   Everyone else — the vast majority — would be bashing Leonard and his agents.   That’s where the responsibility would’ve been correctly placed.    For some reason you don’t know that.   And once again you trot out another wrong example with Ballard....   in your mind “he can’t close the deal.” You take the 2018 free agency season and interpret it as he CAN’T close the deal,  when the correct understanding is that the only deal he wanted to close on in 2018 were the ones on HIS TERMS.   And as I’ve explained to you repeatedly, Ballard closed the deal 10 times in the 2017 free agency season.  But you keep forgetting that even though it was only one year ago.   Ballard wasn’t the problem with Leonard,  the agents who wanted things they mostly weren’t going to get were the problem.   It’s the first day of camp and here you are knocking heads with folks.   You might want to consider keeping your powder dry and enjoying the new season.    Just a thought....  
    • Video(s) not working tonight: https://www.colts.com/video/checking-in-rookie-de-tyquan-lewis-reports-for-training-camp   https://www.colts.com/video/back-when-i-played-marlin-jackson-on-training-camp-changes-and-building-team-che
  • Members

    • Franklin County

      Franklin County 413

      Senior Member
      Joined:
      Last active:
    • ztboiler

      ztboiler 1,253

      Senior Member
      Joined:
      Last active:
    • bertjones7

      bertjones7 77

      Member
      Joined:
      Last active:
    • CardiacColts

      CardiacColts 274

      Member
      Joined:
      Last active:
    • CR91

      CR91 5,956

      Senior Member
      Joined:
      Last active:
    • Surge89

      Surge89 855

      Senior Member
      Joined:
      Last active:
    • wig

      wig 809

      Senior Member
      Joined:
      Last active:
    • Savage

      Savage 3,006

      Senior Member
      Joined:
      Last active:
    • coltsva

      coltsva 377

      Member
      Joined:
      Last active:
    • NewColtsFan

      NewColtsFan 16,098

      Senior Member
      Joined:
      Last active: