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01-28-16 02:04 PM #1
Leagues strike deals with gambling-related firms- interesting
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01-28-16 02:27 PM #2
This future direction will benefit some of us sharper market analysts as the pool of uneducated bettors grow. Unfortunately, we could see higher vig for tax reasons in the future.
That cost increase could send a lot of sharp groups to other markets as it erodes profits.
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01-28-16 02:30 PM #3
The deals lay the groundwork for the NFL, the NBA, the NHL and Major League Baseball to profit if sports betting is legalized in the United States, as many experts predict.
They've been preparing for this for over a generation.
It could cost all of us, but it will cost winners more that the losers because the winners pay the vigorish while losers just lose their bet.
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