NJ Taking Sports Bets Starting Friday

[Bluehorseshoe]

I copied & pasted a quote from an article.

So you’re saying you thought you’d go up to a window & bet a -110 Line & be charged $133 on your $100 bet?

I never did. It's what you posted.

[cincinnatikid513]

so if you go into a new jersey track and place a wager let's say 110 to win 100 and u win and u go to collect are they just going to take the taxes off your winnings and pay you like 90 dollars

[Bluehorseshoe]

Here's the next line in the article....

It’s free with an illegal bookie. So what will bettors do?

I don't think they understand what they're writing. LOL

[bonzaii]

I am a pro tennis and soccer player

I CANNOT PLAY USA BOOKS...juice too wide and betting menus too small daily

BEST OF LUCK TO YOU GUYS!!!!!!!

JJ GOLD the -105 player

Pablo I mean JJ, looks like you need to find a new job down there in Costa Rica. ONce all the offshore books close up shop SBR's not gonna need you anymore. Maybe you can bunk with Hurry.

[El Terrible]

Hopefully they learn from the UK, but either way..Its gonna be harder to win in the long run

http://www.onlinebetting.org.uk/betting-guides/gambling-and-betting-tax-in-the-uk.html

[USCPHILLYGUY]

I never did. It's what you posted.

Horseshoe. Sorry for your confusion.

What state on the east coast do you reside to take advantage of this ?

[Bluehorseshoe]

Horseshoe. Sorry for your confusion.

What state on the east coast do you reside to take advantage of this ?

I'm not confused. The writer of the article is.

Those percentages are not for the player. It's for the operator.

[jjgold]

We’re all confused I hope it works out for New Jersey players and they enjoy the experience

[matrix1022]

Just read all your messages , called The Borgata and the New sports book is going to be called Race and Sportsbook and Borgata pays the taxes not the player !!!! Instead of guessing call for facts ! See ya. At the Borgata !!!

[Bluehorseshoe]

Just read all your messages , called The Borgata and the New sports book is going to be called Race and Sportsbook and Borgata pays the taxes not the player !!!! Instead of guessing call for facts ! See ya. At the Borgata !!!

Of course. lol

[El Nino]

Just read all your messages , called The Borgata and the New sports book is going to be called Race and Sportsbook and Borgata pays the taxes not the player !!!! Instead of guessing call for facts ! See ya. At the Borgata !!!

Borgata or the operator pays the tax. Has to hire more employees, link up with a service like William Hill. This all costs money before the state gets their cut. -110 used to pay to keep the lights on and hire people to work the phones. This is going to get passed on to the player. This "integrity fee" would be the icing on the cake. If first year tax #'s come in low like it did with weed in Colorado...say hello to -115, -120. Ask anyone who smokes pot. Anyone in the know is simply paying more money for what they were already doing. But now, it's "legal."

[jjgold]

I’m a -105 player

I can’t relate to all this stuff nor can I play it

[Roscoe_Word]

As a player, I could care less what the tax arrangement is between a state and a sportsbook.

However, if the result of that arrangement is the posting of > .20cent line, then I care.

We'll see what lines Delaware and the Borgata offer real soon.

[El Terrible]

As a player, I could care less what the tax arrangement is between a state and a sportsbook.

However, if the result of that arrangement is the posting of > .20cent line, then I care.

We'll see what lines Delaware and the Borgata offer real soon.

In the UK the books are taxed and the cost is passed down to the "Punters" in the form of bad lines...
Its not gonna be good

[shocka1212]

Ok, it says the person placing the bet will be taxed. Is that on top of the vig? Who the hell is going to bet like that?

same people paying $12 for a bud light at an NFL game.

[OTWinner]

Believe the lines in New Jersey will be the same as we saw in Delaware today.
20 cent baseball lines -140 +120.
-110 both ways for basketball and football.
No bargain.
Used to -105 juice at heritage.

[allabout the $$$]

are borgata and monmouth the only 2 ready to open?

[TheSchafe]

Typical Jersey...always has to have it's hand in the jar for fukking everything. Glad I moved out of that shithole. I like to keep my money.

[jjgold]

NJ might be better than Delaware

Any news??

[Legions36]

They can't even get poker right after this amount of time how they going to get betting right? I logged into these poker sites only to find it much slower than what it was a few years ago. Pokerstars didn't even look busy. I think people getting to happy for this for nothing.

[jjgold]

lol

poker dead pal

[Booya711]

same people paying $12 for a bud light at an NFL game.