1. #1
    sam9ball
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    MLB commissioner: 'We are re-examining our stance on gambling'

    https://www.yahoo.com/finance/news/b...170536801.html

    With former casino owner Donald Trump in the White House, there has been renewed momentum around the effort to get sports betting legalized in America.
    And on Wednesday at the Yahoo Finance All Markets Summit in New York, MLB Commissioner Rob Manfred confirmed that he is monitoring the issue and re-thinking pro baseball’s long-held stance on the issue.
    “There is this buzz out there in terms of people feeling that there may be an opportunity here for additional legalized sports betting,” Manfred said. “We are reexamining our stance on gambling. It’s a conversation that’s ongoing with the owners.”
    MLB Commissioner Rob Manfred at the Yahoo Finance All Markets Summit (Reuters)
    When fans bet on games, Manfred continued, it “can be a form of fan engagement, it can fuel the popularity of a sport. We all understand that.”
    And make no mistake: fans are betting on games. The American Gaming Association estimates that $4.7 billion was bet on this year’s Super Bowl, an all-time high—but 97% of those bets were placed illegally.
    “Sports betting happens,” Manfred said. “Whether it’s legalized here or not, it’s happening out there. So I think the question for sports is really, ‘Are we better off in a world where we have a nice, strong, uniform, federal regulation of gambling that protects the integrity of sports, provides sports with the tools to ensure that there is integrity in the competition … Or are we better off closing our eyes to that and letting it go on as illegal gambling? And that’s a debatable point.”
    You can certainly discern what Manfred’s own opinion might be from his comments, especially the part on the benefits of federal regulation. And his peer over in basketball, NBA Commissioner Adam Silver, has argued passionately and publicly for legalizing and regulating form of sports betting. Silver, Manfred says, “has framed it the best.”

  2. #2
    jjgold
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    might help

    they need to save the game

  3. #3
    Snowball
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    Quote Originally Posted by jjgold View Post
    might help

    they need to save the game
    The road to hell is paved with good intentions.

  4. #4
    Sam Odom
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    hope Sammy lives to see legal online sports wagering in USA

    congress just needs to figure out a way to tax it then it will fly

    vig will be stiff tho... -115 on ATS and min 20c on baseball at the bottom going up

  5. #5
    Smoke
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    Eat that fiber sammy

  6. #6
    GunShard
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    Trump should legalize sports betting so we get taxed to help our country's economy unlike offshore books.

  7. #7
    Snowball
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    Quote Originally Posted by GunShard View Post
    Trump should legalize sports betting so we get taxed to help our country's economy unlike offshore books.
    he can't. They won't change the law in Congress, too many conservative Republicans
    are against it, even if Trump would sign the bill.

  8. #8
    Philmill
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    some times its not good to get what you ask for....Legalize sports betting will not be good...IMA

    keep government out of this business

  9. #9
    VeggieDog
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    Practically every state has a lottery, but I can't put a few bucks down on a ball game.

  10. #10
    lakerboy
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    So Pete Rose now gets in?

  11. #11
    irish1
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    some easy credits for students, a new course called sports betting. All college athletes who are taking bowling I and II will now have another good class to take. Even the education institutions will make money on that.

  12. #12
    Auto Donk
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    in somewhat related news, and in an effort to not have to start a new thread, last night trump had dinner with tillerson and sheldon adelson.....

  13. #13
    xKMACKx
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    Trump won't legalize it because of Sheldon Adelson, nor would Congress be for it.

  14. #14
    Auto Donk
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    exactly..... adelson way too inside in this administration.... will be dictating policy on online gaming

  15. #15
    RockBottom
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    Seeing how the government runs things, do you really want them to have their hands in sports gambling?

  16. #16
    19th Hole
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    Silver and Manfred breaking the ice on wagering in their respective sports?
    Ready to grab another revenue stream.
    They are not going to do the guy on the street any favors.

    Baseball is my favorite sport to wager.
    Been with my local for years and I don't see my routine changing.
    I'm happy with "The Boys" getting their piece rather than the real crooks in D.C. and
    MLB and NBA glomming onto sports money.

    If you can't find a local to take your action, then
    you're not trying.

  17. #17
    jjgold
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    Quote Originally Posted by xKMACKx View Post
    Trump won't legalize it because of Sheldon Adelson, nor would Congress be for it.
    That is what I think

  18. #18
    ManOfValue
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    Quote Originally Posted by lakerboy View Post
    So Pete Rose now gets in?
    Love It.. It would be great to see him given a reprieve.

  19. #19
    Sam Odom
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    Quote Originally Posted by xKMACKx View Post

    Trump won't legalize it because of Sheldon Adelson...

    did he stop Obama the last 8 yrs ? If not... who did

  20. #20
    rkelly110
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    Govt won't make any money. 97% of gamblers lose. They would have to get their income from books.
    Books would have to charge more juice to compensate.

  21. #21
    Sam Odom
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    Quote Originally Posted by Sam Odom View Post

    hope Sammy lives to see legal online sports wagering in USA

    congress just needs to figure out a way to tax it then it will fly

    vig will be stiff tho... -115 on ATS and min 20c on baseball at the bottom going up
    Quote Originally Posted by rkelly110 View Post

    Govt won't make any money. 97% of gamblers lose. They would have to get their income from books.
    Books would have to charge more juice to compensate.

    Points Awarded:

    Philmill gave Sam Odom 20 Betpoint(s) for this post.


  22. #22
    StackinGreen
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    Quote Originally Posted by Philmill View Post
    some times its not good to get what you ask for....Legalize sports betting will not be good...IMA

    keep government out of this business
    my response to this is that for those of us who bet, more entry into the market is a good thing

    Notice I'm not saying that betting is a good thing in general for society, I'm saying that given that we bet, this expanding of the market only helps us

    locals will not go away for LOTS of reasons, most of which are obvious

    But they'll have more competition, all of a sudden

  23. #23
    BuckyOne
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    How would you tax it then if you did? Like a 1 % sales tax? Who would it help and who would it hurt? Tax systems are invented by people who want other people to pay taxes. Would more people go to the games? How many games would you watch if you did not have a bet or the opportunity to make one?

    if there is more donkey money or even monster sharp money-that would be good for players who can define value!
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: StackinGreen

  24. #24
    SharpAngles
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    Quote Originally Posted by Auto Donk View Post
    in somewhat related news, and in an effort to not have to start a new thread, last night trump had dinner with tillerson and sheldon adelson.....
    They were 100% discussing Sheldons desires in Israel.

    So funny considering Trumps tweet during the primaries

    “Sheldon Adelson is looking to give big dollars to Rubio because he feels he can mold him into his perfect little puppet. I agree!”

  25. #25
    Auto Donk
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    Quote Originally Posted by RockBottom View Post
    Seeing how the government runs things, do you really want them to have their hands in sports gambling?
    if the typical red-tape and bureaucracy driven delays creep in to their handling of it, JJ might be able to last a whole month in vegas.....

  26. #26
    biggie12
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    Kleinburg ontario... call me

  27. #27
    slambam
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    Quote Originally Posted by BuckyOne View Post
    How would you tax it then if you did? Like a 1 % sales tax? Who would it help and who would it hurt? Tax systems are invented by people who want other people to pay taxes. Would more people go to the games? How many games would you watch if you did not have a bet or the opportunity to make one?

    if there is more donkey money or even monster sharp money-that would be good for players who can define value!
    Tax it the same way gambling winnings are taxed now, with a W-2G. Require bets to be placed with a players card or online. If you make over a certain amount, the casino or state sends you a W-2G form.

  28. #28
    unluckysob
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    Quote Originally Posted by StackinGreen View Post
    my response to this is that for those of us who bet, more entry into the market is a good thing

    Notice I'm not saying that betting is a good thing in general for society, I'm saying that given that we bet, this expanding of the market only helps us

    locals will not go away for LOTS of reasons, most of which are obvious

    But they'll have more competition, all of a sudden
    Locals have already gone away. Might be very few. All the old locals I knew from 70 s and 80s where you called in everything are gone. Offshore put them out of business.

  29. #29
    recon1
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    Wouldn't hurt the game, that's for sure.

  30. #30
    19th Hole
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    Quote Originally Posted by unluckysob View Post
    Locals have already gone away. Might be very few. All the old locals I knew from 70 s and 80s where you called in everything are gone. Offshore put them out of business.
    Not sure where you live but there is no problem in major markets.
    The economy hurt the books more than offshore.

  31. #31
    newguy
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    I use local as well but would love a few other options just for pricing. Like my guy but there are times he floats teaser protection lines and is obviously taking too much money on a side and I'm betting into bad lines. Or passing on games because of the lines. Would love a way to have another out somewhere. I know you can go online but that has its issues too.

  32. #32
    StackinGreen
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    Quote Originally Posted by 19th Hole View Post
    Not sure where you live but there is no problem in major markets.
    The economy hurt the books more than offshore.
    I've always wondered why it's been sorta difficult (more than expected) to find locals... I use a guy out of town, and I'm in a major American city

    Still, you gotta think a lot of guys running PPH sites are out there... I guess I should just check sports bars more often

  33. #33
    davisca86
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    Players will lose out just like the books. Players could be taxed on winnings. Books could be taxed on winnings. In the end books will adjust lines to reflect this. Not a win for the players in my opinion.

  34. #34
    stevenash
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    Quote Originally Posted by Snowball View Post
    The road to hell is paved with good intentions.
    Then what's the New Jersey Turnpike paved with?

  35. #35
    stevenash
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    Quote Originally Posted by jjgold View Post
    might help

    they need to save the game
    The game is not in danger.

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