Will states have mobile apps like the books in Vegas? And if so, will I be able to place a wager at a Mississippi sports book from my home in California, or will I need to physically be in that state?
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Most likely they will have apps. You will have to be in the state.
The biggest question is whether or not you will get -110 odds.Comment -
these use Geo technology to make sure your in the state...Thats what new jersey does betfair and DFS sites like draftkings do at leastOriginally posted by mr.edComment -
I don't think offshore wagering will suffer too much at online sites that have reduced juice. Unless of course the legal sites have reduced juice too, which I would not count on.Comment -
It has been said that it will take a little time for wagering to be available online in most states.Comment -
Originally posted by LT Profits
I believe it actually helps offshore.
Legalization brings more eyes to the hobby & players will eventually learn that there's competition out there & find offshore.
We should see the great bonuses & perks we used to see offshore as they want to keep players & gain new ones.Comment -
Will not even dent itOriginally posted by LT Profits
Legal places simply do not have the bet offers, bet types, advanced technology , bonuses and low juice that offshore has
Vegas is 20 years behindComment -
3 big advantages legal local books will have compared to online sites though:Originally posted by jjgold
1. Advertising (Probably the biggest one): Once you have a legit local book, they can advertise in the local markets (TV, Radio) where an offshore site can't.
2. No Bitcoin: I can walk into the local casino and make a bet with cash and get paid in cash. No need to worry about converting Bitcoin if you're not into it or a non-tech person.
3. Trust: Average Joe if given the choice between a casino they know of and trust will pay them being regulated, or an offshore book that may save a few cents, but likely never heard of before and have no regulation and (no matter what an online site like SBR says) can make you leery of getting paid. Average Joe is likely going to stick with the local book.
Sure the sharps and those already used to betting online will probably stick to offshore, but offshore is going to have to work if they want to attract those casual bettors who become interested assuming SCOTUS strikes down the ban.Comment -
Originally posted by LT Profits
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You'll see the more active state lottos in casinoless states offer a product similar to Delaware.Comment -
What do they offer? Parlay cards at set odds?Originally posted by GreenlineComment -
Yeah, pretty juiced up if I remember.Originally posted by A4K
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Bunch of dumb bureaucrats. If they offered a legit parlay card, minimum 2 teams, they'd make a fortune. Dumb greedy morons.Originally posted by GreenlineComment -
Yep. The House always wins.Originally posted by A4KComment -
That's the problem with government. They get a golden fuqing goose and their first instinct is to strangle the sh!t out of it!Originally posted by VeggieDogComment -
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Just think of how OTB in New York failed and you scratch your head whenever someone tells you that government is an answer for anything.Comment -
They would have been much better off letting a private firm run it and then share the profits.Originally posted by StackinGreenComment -
Absolutely. Just crazy. Minimum 17% vig and can't make that work, lol
With no risk on pari-mutuel either, unfathomableComment -
would think it will be like the online horse wagering sites were you can place wagers on any track liek twinspires, something like your state allows sports gambling would think out of state casinoes (vegas) could take wagers from any state that would allow it you could also use your players card such as the stations casino players card for perks for when you are in vegas. LIke yoiu could have accounts with different books (casinos) in vegas check odds price then wager with that book online.Comment -
I predict there will be some hedge fund offshoots setting up books in huge states like Cali and NY. Long-term, exchanges will hopefully emerge. It all depends on how much the state govts try to restrict licenses. The leagues shouldn't get a single penny of the revenue.Comment -
I think things really went downhill fast after OTB reduced payoffs by adding an additional 5% vig and of course they always rounded the payoff down to the lower 20 cent payoff.Originally posted by StackinGreen
Joe.Comment -
The hysterical thing I want to happen is someone asking Spillane or Manfred on the spot, "Have you asked Vegas books for a cut?"
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I'm conflicted with this. I like the idea of not having to jump through hoops to get money in/out of an account to make wagers. That being said if the government \*can\* fsck it up it will.Comment
