If SCOTUS Legalizes Sports Betting - What will betting landscape look like?

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  • mr.ed
    SBR High Roller
    • 09-07-07
    • 211

    #1
    If SCOTUS Legalizes Sports Betting - What will betting landscape look like?
    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?
  • Derailer
    SBR Sharp
    • 10-04-17
    • 422

    #2
    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
    • littlekona
      SBR Hall of Famer
      • 11-19-15
      • 5242

      #3
      Originally posted by mr.ed
      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?
      these use Geo technology to make sure your in the state...Thats what new jersey does betfair and DFS sites like draftkings do at least
      Comment
      • LT Profits
        SBR Aristocracy
        • 10-27-06
        • 90963

        #4
        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
        • Hman
          SBR Posting Legend
          • 11-04-17
          • 21429

          #5
          It has been said that it will take a little time for wagering to be available online in most states.
          Comment
          • Hman
            SBR Posting Legend
            • 11-04-17
            • 21429

            #6
            Originally posted by LT Profits
            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.



            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.
            Last edited by Hman; 02-27-18, 03:39 PM.
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              Originally posted by LT Profits
              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.
              Will not even dent it

              Legal places simply do not have the bet offers, bet types, advanced technology , bonuses and low juice that offshore has

              Vegas is 20 years behind
              Comment
              • mrpapageorgio
                SBR MVP
                • 09-07-17
                • 2974

                #8
                Originally posted by jjgold
                Will not even dent it

                Legal places simply do not have the bet offers, bet types, advanced technology , bonuses and low juice that offshore has

                Vegas is 20 years behind
                3 big advantages legal local books will have compared to online sites though:


                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.
                Last edited by mrpapageorgio; 03-25-18, 10:37 AM.
                Comment
                • A4K
                  SBR Hall of Famer
                  • 10-08-12
                  • 5243

                  #9
                  Originally posted by LT Profits
                  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
                  • Greenline
                    SBR High Roller
                    • 10-05-17
                    • 167

                    #10
                    You'll see the more active state lottos in casinoless states offer a product similar to Delaware.
                    Comment
                    • A4K
                      SBR Hall of Famer
                      • 10-08-12
                      • 5243

                      #11
                      Originally posted by Greenline
                      You'll see the more active state lottos in casinoless states offer a product similar to Delaware.
                      What do they offer? Parlay cards at set odds?
                      Comment
                      • Greenline
                        SBR High Roller
                        • 10-05-17
                        • 167

                        #12
                        Originally posted by A4K
                        What do they offer? Parlay cards at set odds?
                        Yeah, pretty juiced up if I remember.

                        Comment
                        • A4K
                          SBR Hall of Famer
                          • 10-08-12
                          • 5243

                          #13
                          Originally posted by Greenline
                          Yeah, pretty juiced up if I remember.

                          https://www.delottery.com/Sports-Lottery
                          Bunch of dumb bureaucrats. If they offered a legit parlay card, minimum 2 teams, they'd make a fortune. Dumb greedy morons.
                          Comment
                          • VeggieDog
                            SBR Hall of Famer
                            • 02-21-09
                            • 7214

                            #14
                            Originally posted by A4K
                            Bunch of dumb bureaucrats. If they offered a legit parlay card, minimum 2 teams, they'd make a fortune. Dumb greedy morons.
                            Yep. The House always wins.
                            Comment
                            • A4K
                              SBR Hall of Famer
                              • 10-08-12
                              • 5243

                              #15
                              Originally posted by VeggieDog
                              Yep. The House always wins.
                              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!
                              Comment
                              • StackinGreen
                                SBR Posting Legend
                                • 10-09-10
                                • 12140

                                #16
                                ^

                                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
                                • A4K
                                  SBR Hall of Famer
                                  • 10-08-12
                                  • 5243

                                  #17
                                  Originally posted by StackinGreen
                                  ^

                                  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.
                                  They would have been much better off letting a private firm run it and then share the profits.
                                  Comment
                                  • StackinGreen
                                    SBR Posting Legend
                                    • 10-09-10
                                    • 12140

                                    #18
                                    Absolutely. Just crazy. Minimum 17% vig and can't make that work, lol

                                    With no risk on pari-mutuel either, unfathomable
                                    Comment
                                    • TonyP
                                      SBR Hall of Famer
                                      • 09-20-09
                                      • 8478

                                      #19
                                      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
                                      • Barrakuda
                                        SBR Wise Guy
                                        • 02-28-18
                                        • 786

                                        #20
                                        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
                                        • u21c3f6
                                          SBR Wise Guy
                                          • 01-17-09
                                          • 790

                                          #21
                                          Originally posted by StackinGreen
                                          Absolutely. Just crazy. Minimum 17% vig and can't make that work, lol

                                          With no risk on pari-mutuel either, unfathomable
                                          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.

                                          Joe.
                                          Comment
                                          • StackinGreen
                                            SBR Posting Legend
                                            • 10-09-10
                                            • 12140

                                            #22
                                            The hysterical thing I want to happen is someone asking Spillane or Manfred on the spot, "Have you asked Vegas books for a cut?"
                                            Comment
                                            • hubie69
                                              SBR Hall of Famer
                                              • 09-16-10
                                              • 7329

                                              #23
                                              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
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