New Jersey still afraid to take wagers this could be a legal mess
Offshore is going to grow like you’ve never seen
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jjgoldSBR Aristocracy
- 07-20-05
- 388208
#211Comment -
johnnyvegas13BARRELED IN @ SBR!
- 05-21-15
- 27974
#212Just gonna take timeOriginally posted by jjgoldNew Jersey still afraid to take wagers this could be a legal mess
jersey and maybe a couple other states will be up by football season
w basically the rest of the country season afterComment -
johnnyvegas13BARRELED IN @ SBR!
- 05-21-15
- 27974
#213What makes u say thatOriginally posted by k13Most books don't even take US action so who cares. Irrelevant.
By the time this even gets going it will be years.
I'd say a yr not multiple yrsComment -
capitalist pigSBR Hall of Famer
- 01-25-07
- 5001
#214I was at the Beau Rivage in MS last night and they say they will have the sports betting area open by the end of the Summer, they are closing the high stakes table and slots area and turning it into the sports betting area. What they said was all 26 casinos in MS will be able to offer sports wagering, but there will be no mobile device wagering.
laterComment -
johnnyvegas13BARRELED IN @ SBR!
- 05-21-15
- 27974
#215That's positive if trueOriginally posted by capitalist pigI was at the Beau Rivage in MS last night and they say they will have the sports betting area open by the end of the Summer, they are closing the high stakes table and slots area and turning it into the sports betting area. What they said was all 26 casinos in MS will be able to offer sports wagering, but there will be no mobile device wagering.
laterComment -
PAULYPOKERBARRELED IN @ SBR!
- 12-06-08
- 36581
#216Your asshole is gonna grow like you've never seen..............Originally posted by jjgoldOffshore is going to grow like you’ve never seenComment -
Roscoe_WordSBR MVP
- 02-28-12
- 4005
#217If, when all the smoke clears, we can bet at home at our PCs instead of going to the casino, that would be a good thing. I've seen some posts about no mobile apps though. That's not good.Originally posted by turkkatarianWhy bet offshore when we will be able to Login an account in the USA Legally just like a TD Ameritrade account? Makes No sense to keep betting offshore and be Limited to the Number of Payouts you can get.
I'd play into a 20 cent line if able to bet at home legally. The BTC conversion rates (imo) got out of hand. Coinbase for example. I'm thinking Massachusetts will take forever to join the crowd. They even stopped construction of the new casino in Everett in mid air.Comment -
johnnyvegas13BARRELED IN @ SBR!
- 05-21-15
- 27974
#218Y is everyone assuming they will have terrible linesOriginally posted by Roscoe_WordIf, when all the smoke clears, we can bet at home at our PCs instead of going to the casino, that would be a good thing. I've seen some posts about no mobile apps though. That's not good.
I'd play into a 20 cent line if able to bet at home legally. The BTC conversion rates (imo) got out of hand. Coinbase for example. I'm thinking Massachusetts will take forever to join the crowd. They even stopped construction of the new casino in Everett in mid air.
10 cent bad enough
15 and 20 is insaneComment -
HmanSBR Posting Legend
- 11-04-17
- 21454
#219Originally posted by johnnyvegas13Y is everyone assuming they will have terrible lines
10 cent bad enough
15 and 20 is insane
But juice isn't the only thing in question.
Bonuses, Free Contests, gifts, prizes, and perks come into play.
I'll bet anything you find will far better deals Offshore when it comes to all of these things.Comment -
mrpapageorgioSBR MVP
- 09-07-17
- 2974
#220Once U.S. books becomes more widespread assuming a bunch of states (or at least the large population states) adopt sports betting. Until then, offshore's argument has been they are the only game in town.Originally posted by HmanBut juice isn't the only thing in question.
Bonuses, Free Contests, gifts, prizes, and perks come into play.
I'll bet anything you find will far better deals Offshore when it comes to all of these things.
Bonuses don't interest me as I'm more of a hit and run bettor. Low juice and the other incentives are better.Comment -
PAULYPOKERBARRELED IN @ SBR!
- 12-06-08
- 36581
#221Those of you worrying about juice.........
What's the juice in Vegas?Comment -
PAULYPOKERBARRELED IN @ SBR!
- 12-06-08
- 36581
#222Another reason they are legalizing sports wagering in the US is poverty.........
The poorer someone is the more likely they will turn to gambling,fact........
What does this tell you about the future of income inequality?Comment -
booziebillySBR Rookie
- 08-22-16
- 18
#223I think that legalized sports gambling will be the gateway (drug) to crystal meth and heroin overdoses . I've seen too many people who begin to lose at sports gambling , think they can change their luck by getting high, found dead up and down the Las Vegas strip....Be Warned!!!Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388208
#224NJ already delaying sportsbetting
Governor not signing any billsComment -
mrpapageorgioSBR MVP
- 09-07-17
- 2974
#225Originally posted by jjgoldNJ already delaying sportsbetting
Governor not signing any bills
Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388208
#226Gov. Phil Murphy made it official: There won't be any legal sports betting in New Jersey by Memorial Day.
Despite the U.S. Supreme Court ruling that paved the way for it and Monmouth Park ready and able to accept bets by May 28, New Jerseyans will have to wait until a bill to regulate the industry is signed into law.
That's because Murphy agrees with the state's top lawmaker, state Senate President Stephen Sweeney, that New Jersey doesn't need to rush into accepting bets.
"The good news is that we're gonna look back on this X years from now and say this was an historic step in the right direction and we started it," Murphy said at a public event on Monday.Comment -
mrpapageorgioSBR MVP
- 09-07-17
- 2974
#227This was already announced last week that they'd have to wait until June 7th which is the soonest the bill could pass.Originally posted by jjgoldGov. Phil Murphy made it official: There won't be any legal sports betting in New Jersey by Memorial Day.
Despite the U.S. Supreme Court ruling that paved the way for it and Monmouth Park ready and able to accept bets by May 28, New Jerseyans will have to wait until a bill to regulate the industry is signed into law.
That's because Murphy agrees with the state's top lawmaker, state Senate President Stephen Sweeney, that New Jersey doesn't need to rush into accepting bets.
"The good news is that we're gonna look back on this X years from now and say this was an historic step in the right direction and we started it," Murphy said at a public event on Monday.
Here is an article from May 17th.
Get with the times JJ.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">June 7th is the date that the New Jersey Legislature will vote on the sports betting bills recently introduced in the Senate and Assembly. Both bills are expected to pass and be signed into law quickly by Governor Murphy. <a href="https://t.co/u29vqgzMW9">https://t.co/u29vqgzMW9</a></p>— Daniel Wallach (@WALLACHLEGAL) <a href="https://twitter.com/WALLACHLEGAL/status/997878902931509250?ref_src=twsrc%5Etfw"> May 19, 2018</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388208
#228A lot of red tape
pass not driving 60 miles one way to make a fukkin betComment -
CrusherrrSBR MVP
- 06-27-16
- 3661
#229Stupid question but do you get a w2g or anything from books? Say I place a $5500 bet and win $5k. Am I getting a W2G?
Or it is simply up to me to report gambling winnings. I heard $10k they will make you fill some paperwork out but its not for tax purposes just because it hits their thresholdComment -
mrpapageorgioSBR MVP
- 09-07-17
- 2974
#230AFAIK, you only get a W2G if your payout is 300-1 or greater. However, they will file a currency transaction report if there is a cash transaction greater than $10k. I do not know if they only count your profit when calculating $10k or if it's total including what you laid out.Originally posted by CrusherrrStupid question but do you get a w2g or anything from books? Say I place a $5500 bet and win $5k. Am I getting a W2G?
Or it is simply up to me to report gambling winnings. I heard $10k they will make you fill some paperwork out but its not for tax purposes just because it hits their thresholdComment -
CourtesywipeSBR MVP
- 09-02-11
- 1623
#231^^^^^^this^^^^^^^Originally posted by jjgoldall the small books will be gone of course
the top seven are going to be outstandingComment -
PAULYPOKERBARRELED IN @ SBR!
- 12-06-08
- 36581
#232So when did American greed start sharing the wealth?
If you think big business is going to be genorous, leaving the bilions of dollars market for illegal offshore books,you are insane.............Comment -
poker6469SBR Sharp
- 02-13-12
- 454
#233I can’t wait to walk in casino Arizona and place a legal sports bet.Comment -
MicrophoneSBR MVP
- 01-08-08
- 2950
#234Originally posted by Roscoe_WordIf, when all the smoke clears, we can bet at home at our PCs instead of going to the casino, that would be a good thing. I've seen some posts about no mobile apps though. That's not good.
I'd play into a 20 cent line if able to bet at home legally. The BTC conversion rates (imo) got out of hand. Coinbase for example. I'm thinking Massachusetts will take forever to join the crowd. They even stopped construction of the new casino in Everett in mid air.
Gov. Baker in favor of this and the MGM in Springfield full speed ahead.
I'm not sure about forever, but not in 2018 for sure.Comment -
Brooklyn DickSBR MVP
- 09-12-08
- 1091
#235Don't be surprised if you see some extra charge on top of the 11-10. Even if it is 1% that will kill off all the big players, and the combination of filling out forms will top it off. Already MLB and the NBA are lobbying for a 1% charge to monitor the games. Like before it was OK to fix games, but now it is not.
Anything the Government touch's turns to shit. Just ask NY OTB about that..............
This will only help off shore books by creating new players that will get fed up and go off shore or to locals.Comment -
ABEHONESTSBR Hall of Famer
- 06-27-09
- 9474
#236Very good chance you'll see "Weekly-Football Card's," being the weekly-drug high, not only for the sharpies, but the opium for the million's of small player's, too. In the future of course.
No one believes ABE?
Comment -
BriGuySBR MVP
- 12-06-11
- 1416
#237They're delaying it as in delaying it until June/July. Not, like, delaying it until 2020.Originally posted by jjgoldNJ already delaying sportsbetting
Governor not signing any bills
No one really gives a shit about rushing to bet baseball. As long as its ready by football season, there's no problem. Get back to me in August if it isn't.Comment -
BriGuySBR MVP
- 12-06-11
- 1416
#238Yeah and most states are telling them to go screw.Originally posted by Brooklyn DickDon't be surprised if you see some extra charge on top of the 11-10. Even if it is 1% that will kill off all the big players, and the combination of filling out forms will top it off. Already MLB and the NBA are lobbying for a 1% charge to monitor the games.Comment -
mrpapageorgioSBR MVP
- 09-07-17
- 2974
#239JJ just likes to make mountains out of mole hills.Originally posted by BriGuyThey're delaying it as in delaying it until June/July. Not, like, delaying it until 2020.
No one really gives a shit about rushing to bet baseball. As long as its ready by football season, there's no problem. Get back to me in August if it isn't.Comment -
johnnyvegas13BARRELED IN @ SBR!
- 05-21-15
- 27974
#240Yes jersey ready by football start this seasonOriginally posted by BriGuyThey're delaying it as in delaying it until June/July. Not, like, delaying it until 2020.
No one really gives a shit about rushing to bet baseball. As long as its ready by football season, there's no problem. Get back to me in August if it isn't.
rest of country is next yrComment -
mtneer1212SBR MVP
- 06-22-08
- 4994
#241West Virginia told Adam Silver to take his 1% and shove it up his ass. He said the best the leagues could hope for was 0.25%, take it or leave it, and it would come out of the operator's end or multi-team wagers.Originally posted by BriGuyYeah and most states are telling them to go screw.Comment -
OptionalAdministrator
- 06-10-10
- 62172
#242I think this really needs some sort of federal framework for the states to follow to give some sort of uniformity. It's looking like a bloody mess already..Comment -
chilidogSBR Posting Legend
- 04-05-09
- 10305
#243It's interesting being behind the scenes in the industry in Costa Rica and hearing some of the plans going on. Books in CR are scared.Comment -
OptionalAdministrator
- 06-10-10
- 62172
#244One thing they could do is get the govt to quickly setup a real regulator and try to go as legit as possible as fast as possible.Originally posted by chilidogIt's interesting being behind the scenes in the industry in Costa Rica and hearing some of the plans going on. Books in CR are scared.
Try to take over the sweet position the MGA has got itself into..Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#245Originally posted by chilidogIt's interesting being behind the scenes in the industry in Costa Rica and hearing some of the plans going on. Books in CR are scared.
thanks 'dogComment
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