Nevada legalizes sports betting funds

Vegas39 · 06-04-15, 09:40 AM

Originally posted by jjgold

lol..any idiot then.....oh boy I feel bad for people that are going to give money to Vegas bums

Pretty much and with social media people will bite for sure. Thinking they are gonna get rich

jjgold · 06-04-15, 10:12 AM

Originally posted by Vegas39

Pretty much and with social media people will bite for sure. Thinking they are gonna get rich

The Governor had to get payed off for this to pass..Touts are going to run wild with this

Vegas39 · 06-04-15, 10:29 AM

Originally posted by jjgold

The Governor had to get payed off for this to pass..Touts are going to run wild with this

For sure JJ , will be thread on here of someone getting scammed

jjgold · 06-04-15, 10:38 AM

So basically non Nevada residents are going to give their money to Broke Vegas gamblers to gamble with in Nevada??

I swear you cannot make this stuff up

agendaman · 06-04-15, 10:39 AM

again p.t. barnum was almost correct a sucker born every minute actually every 10 seconds

Vegas39 · 06-04-15, 10:40 AM

Originally posted by jjgold

So basically non Nevada residents are going to give their money to Broke Vegas gamblers to gamble with in Nevada??

I swear you cannot make this stuff up

yeah that sums it up

you know some of the big touts will advertise the shit out of this

Jayvegas420 · 06-04-15, 10:43 AM

I'm sure poker sponsors have been doing this for years.
I'm sure it wasn't legislated but there were individual binding contacts in place
.

U know that for sure

TheMoneyShot · 06-04-15, 10:58 AM

This really doesn't help us any. It was a nice shot in the dark though.

DRB · 06-09-15, 01:20 PM

Originally posted by eidolon

I'm trying to understand this:
So it would work like a hedge fund? One "guy" would make all the bets that that "guy" thinks is best for everyone? Is that how it would work?

And who is to say that guy isn't in cahoots with the casino X and places YOUR money where it is most advantageous
for the casino- Frig the little guy and his meaningless $20 share of a $50,000 bet !!

jjgold · 06-09-15, 01:42 PM

I can't wait till gamblers lose all their money investing in Las Vegas fund

Vegas39 · 06-09-15, 02:35 PM

Funny thing is it was Cantor that pushed to get this passed

jjgold · 06-09-15, 02:40 PM

What is Cantor's angle??

Vegas39 · 06-09-15, 02:42 PM

Not sure JJ read it it online article.

here it is

Nevada law allows businesses, investors to bet on sports

http://lasvegassun.com/news/2015/jun/08/nevada-law-allows-businesses-investors-bet-sports/

Call it a mutual fund for sports bettors or maybe a legal framework for buddies to pool their money to bet on the big game. Nevada is the first in the nation to allow business entities to wager on sports on behalf of ...