Forgotten by the likes of most politicians, demonized by the media and continually taking a backseat to the fantasy sports betting machine which gets more run-time during sports hour than Yahoo hair loss ads (is it only me!), players who enjoy using online sportsbooks to wager on professional sports games may want to pledge their support to Republican nominee-hopeful Chris Christie.
Let's be clear: Chris Christie is not necessarily a lock to bring online sports betting to the forefront. He has been flippant in the past, between vetoing and ultimately signing gambling legislation, but this type of wishy-washy behavior is not unlike that of many politicians who pander to their respective bases at the time and who will use whatever the flavor of the week is for their own personal gain.
This is the guy who posed for a selfie with President Obama, after all.
Christie does bring to the table a track record, to be sure. As Governor of New Jersey, he made history by signing into law legislation legalizing online casino and poker gambling. He has been behind efforts to bring land-based sportsbooks to Atlantic City casinos and has been outspoken on challenging the constitutionality of archaic federal legislation The Professional and Amateur Sports Protection Act of 1992 ("PASPA"). While Christie may not exactly have as many dogs in the race as State Senator Raymond Lesniak, he's about as good a candidate sports bettors can hope for.
Under PASPA, sports betting is outlawed nationwide with the exceptions of Nevada, Delaware, Oregon, and Montana. Ultimately, more competition in the market is a good thing for sports bettors. If in the United States there was a sportsbook in every town like in the UK, one of the measures online sportsbooks would be likely to take is to offer something that the land-based shops fail to make available: more reduced juice (discount lines), bonus programs that are less rollover-heavy, lower transaction fees and more free payouts per month through methods other than bitcoin.
US President Betting Odds in Review
As touched on during today's SBR Industry news broadcast by host Natalie Rydstrom, sportsbooks have made considerable odds adjustments over the previous month in their next President prop betting markets. Donald Trump, who once was being traded as a 66 to 1 long shot, is now available at 11 to 1 at popular sportsbook 5Dimes. Hillary Clinton's stock has dropped slightly with the market adjusting to +120 from -120 one month ago.
Governor Chris Christie remains a 50 to 1 long shot, but is a score that online sports bettors should be rooting for. The fact is that Christie has all the ingredients to restore some common sense to outdated and misguided federal legislation, or at the very least call the DOJ off and let states manage online and off-line sportsbook and casino play at their discretion. The same is being done with respect to marijuana legalization in four US states.
Sportsbook Review.com will keep readers updated on the status of sports betting in the United States and the odds swings in the political betting markets arena.