How is fantasy sports considered legal by the government?

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  • MoneyLineDawg
    SBR Posting Legend
    • 01-01-09
    • 13253

    #71
    Same reason lottery, horse racing, casinos, etc etc are legal....

    The real question is why is sports betting still illegal?

    We have some really dumb social laws/rules....
    Comment
    • Auto Donk
      SBR Aristocracy
      • 09-03-13
      • 43558

      #72
      just let those south carolina cops handle the gambling problem in america
      Comment
      • texhooper
        SBR Posting Legend
        • 01-05-09
        • 10001

        #73
        if wiseguys got involved, then the dominos would start to fall. i would imagine organized crime doesn't have a stake in fantasy sports. but if/when they do, you'll see it go offshore, then we start seeing the same regulations placed on online gambling. that's my uninformed two cents.
        Comment
        • The Giant
          SBR Posting Legend
          • 01-21-12
          • 21480

          #74
          Originally posted by texhooper
          if wiseguys got involved, then the dominos would start to fall. i would imagine organized crime doesn't have a stake in fantasy sports. but if/when they do, you'll see it go offshore, then we start seeing the same regulations placed on online gambling. that's my uninformed two cents.
          My starting pitcher tonight was Mat Latos.

          At least I won't get accused of being a wiseguy.
          Comment
          • turtlejc
            SBR MVP
            • 10-18-11
            • 3958

            #75
            I read somewhere that it's considered gambling when you are betting on one spread or one player to perform

            Since you have a whole team of different players, there's the loophole

            Also might be why you can't take the entire white sox lineup and start them (not that you would want to do that anyway)
            Comment
            • The Giant
              SBR Posting Legend
              • 01-21-12
              • 21480

              #76
              It's all semantics. This is absolutely gambling.

              And at DraftKings, you pretty much can take the entire White Sox lineup, minus maybe a player or two.
              Comment
              • turtlejc
                SBR MVP
                • 10-18-11
                • 3958

                #77
                Originally posted by The Giant
                It's all semantics. This is absolutely gambling.

                And at DraftKings, you pretty much can take the entire White Sox lineup, minus maybe a player or two.
                Well I think that's why it makes you select players from more than one team, otherwise this would fall into gambling
                Comment
                • grease lightnin
                  SBR Posting Legend
                  • 10-01-12
                  • 16015

                  #78
                  Originally posted by turtlejc
                  Well I think that's why it makes you select players from more than one team, otherwise this would fall into gambling

                  The law says that because of this it is skill and not chance. Horseshit. It is both, just like sports betting.
                  Comment
                  • Auto Donk
                    SBR Aristocracy
                    • 09-03-13
                    • 43558

                    #79
                    that's why I keep my fantasy sports limited to red tube, pornmd, etc.....
                    Comment
                    • Biff41
                      SBR MVP
                      • 07-23-14
                      • 1234

                      #80
                      When we're electing clowns who don't want to solve problem, rather pass more laws creating more problem(ie laws against large sodas), it doesn't matter what the law says it is how it is enforced that is now important.
                      Comment
                      • The Giant
                        SBR Posting Legend
                        • 01-21-12
                        • 21480

                        #81
                        What do you guys think of starting two pitchers in the same game?

                        Is this a long-term bad idea?
                        Comment
                        • brooks85
                          SBR Aristocracy
                          • 01-05-09
                          • 44709

                          #82
                          everyone in the big masters contest for tomorrow?
                          Comment
                          • The Giant
                            SBR Posting Legend
                            • 01-21-12
                            • 21480

                            #83
                            No baseball, Brooks?

                            No golf for me.
                            Comment
                            • eidolon
                              SBR Hall of Famer
                              • 01-02-08
                              • 9531

                              #84
                              A lot of gambling sites have lines on players stats like "Curry over/under 25.5 points".
                              Which is exactly what fantasy sports is. So why can't there be a site that has just those lines?
                              Comment
                              • brooks85
                                SBR Aristocracy
                                • 01-05-09
                                • 44709

                                #85
                                I honestly couldn't even name you 10 current baseball players, maybe not even 5. I'm happy to bet the sport but would be useless for fantasy unless maybe I can just fill up my fantasy teams with the teams I want to bet on, never thought of trying that?

                                Only fantasy I do is NFL and MMA mainly. Doing golf just because the big pay out and make masters more entertaining.
                                Comment
                                • High3rEl3m3nt
                                  SBR Hall of Famer
                                  • 09-28-10
                                  • 8022

                                  #86
                                  Originally posted by eidolon
                                  A lot of gambling sites have lines on players stats like "Curry over/under 25.5 points".
                                  Which is exactly what fantasy sports is. So why can't there be a site that has just those lines?
                                  I think the key is considering the differences in player props verse player pricing. Player props are looking to set market efficient prices whereas in DFS, creating market efficient pricing is not the objective. Pricing is manipulated within the context of controlling strategy and the set budget. If prices are too efficient, it eliminates strategy opportunities and would effectively make it on the same plane as sports gambling. If prices are too loose, that eliminates strategy as well, as everyone would draft the marquee players.

                                  DFS sites, especially DraftKings, tend to shade slightly on the loose side, in order to appeal more to the recreational types so that they can fit into their budgets more well known players. Other sites such as Victiv take a completely different approach. Their player pricing and budgets are adjusted so that DFS players are forced to dig deeper and draft more value guys.
                                  Comment
                                  • vividjohn45
                                    SBR Hall of Famer
                                    • 11-21-10
                                    • 6331

                                    #87
                                    my training says minimize juice. so fuk fantasy sports
                                    Comment
                                    • vividjohn45
                                      SBR Hall of Famer
                                      • 11-21-10
                                      • 6331

                                      #88
                                      its gambling. through and through. its a prop wager
                                      Comment
                                      • KVB
                                        SBR Aristocracy
                                        • 05-29-14
                                        • 74817

                                        #89
                                        Originally posted by vividjohn45
                                        its gambling. through and through. its a prop wager
                                        Originally posted by KVB
                                        A fine line...think about certain player prop bets.

                                        Agreed.
                                        Comment
                                        • LT Profits
                                          SBR Aristocracy
                                          • 10-27-06
                                          • 90963

                                          #90
                                          You can say the same thing about horse racing. Fantasy and horses get a special carve out in the law.
                                          Comment
                                          • KVB
                                            SBR Aristocracy
                                            • 05-29-14
                                            • 74817

                                            #91
                                            Originally posted by LT Profits
                                            You can say the same thing about horse racing. Fantasy and horses get a special carve out in the law.
                                            True LT, but the rake on the ponies is crazy high. Talk about sports vig being out of reach if legalized and taxed. The ponies area already doing it. Playing into that kind of vig is foolish, unless you are in close on the fixes, when the low vig sportsbooks are out there.

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