So Why So Many Of You Intrigued By Legal Sports Wagering???

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  • Optional
    Administrator
    • 06-10-10
    • 62249

    #36
    Originally posted by Dark Horse

    Probably so.

    I was reading an article about the Parx horse racing track, with all the legalized slot machines etc that bring in tons of money for the track and race purses. It made me think that legalized gambling could pay for all taxes. Maybe not all, but a big chunk of it.
    Gambling tax revenue adds up to almost 10% of all state govt income in Australia.

    My state is way ahead of that mark, collecting about 2 billion in tax and almost 15% of all state income. (about 7 million residents)
    .
    Comment
    • Mriceyman
      SBR Sharp
      • 11-06-11
      • 478

      #37
      Jj
      Im 5 minutes from freehold... payouts same day... no worries of local goin under... it would be great for our state
      Comment
      • Dark Horse
        SBR Posting Legend
        • 12-14-05
        • 13764

        #38
        Originally posted by Optional
        Gambling tax revenue adds up to almost 10% of all state govt income in Australia.

        My state is way ahead of that mark, collecting about 2 billion in tax and almost 15% of all state income. (about 7 million residents)
        That's tax revenue. I was thinking of it as going straight into the tax treasure chest. From your figures it looks as if gamblers could pay for a country's entire tax bill. Imagine a presidential candidate who could offer 'no tax' and legal gambling with one easy stroke.
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        • texhooper
          SBR Posting Legend
          • 01-05-09
          • 10001

          #39
          Originally posted by Dark Horse
          That's tax revenue. I was thinking of it as going straight into the tax treasure chest. From your figures it looks as if gamblers could pay for a country's entire tax bill. Imagine a presidential candidate who could offer 'no tax' and legal gambling with one easy stroke.
          too many religious nutjobs would call this man a fool. when you think about how easy it would be to logically make money for the country and say, provide real services like healthcare in such a way that you're not getting your income taxed to shit, then realize how effing retarded everyone in america is, it just pisses you off. well, it does me at least.
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 62249

            #40
            Originally posted by Dark Horse

            That's tax revenue. I was thinking of it as going straight into the tax treasure chest. From your figures it looks as if gamblers could pay for a country's entire tax bill. Imagine a presidential candidate who could offer 'no tax' and legal gambling with one easy stroke.
            Those figures are so high as so many Aussies gamble though. I've heard more than 80% of every man, woman and child in the country places at least 1 bet per year.

            One big advantage legal gambling offers is state legislation enforcing the bookies/exchanges to pay a % of turnover to the controlling body of whatever local sports they are offering odds on.

            Well it's a big advantage in a small population sports obsessed country like this at least. Betfair has bought grandstands and paid for purses to support hundreds of small race tracks as one example. (well not directly, but they are forced to absolutely POUR cash into the racing industry here)
            .
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            • MoneyLineDawg
              SBR Posting Legend
              • 01-01-09
              • 13253

              #41
              I wish we had sports betting online and real Sportsbooks all legal......Would make most of my bets online and would get money instantly with no ridiculous fees wondering if I will ever get paid......Would get to play at Pinny

              Also, fun as hell to make bets live at Sportsbooks, Get hammered there with friends and watch games on the big screens.......Then collect your cash and immediately head to the strip club with the cash you just won


              Vote Libertarian you fukks!!
              Comment
              • TheCalculator
                SBR MVP
                • 10-10-11
                • 1683

                #42
                I live offshore and there's casinos all around me. I STILL bet online.
                Comment
                • Balco10
                  SBR Hall of Famer
                  • 09-11-10
                  • 5478

                  #43
                  Originally posted by Brock Landers
                  Why are there bookie joints all over Britain but not here????????

                  I can not figure that out
                  Because were not a socialist nation like Europe. You can always move there Brock. Far left libtards everywhere.
                  Comment
                  • MoneyLineDawg
                    SBR Posting Legend
                    • 01-01-09
                    • 13253

                    #44
                    Originally posted by Balco10
                    Because were not a socialist nation like Europe. You can always move there Brock. Far left libtards everywhere.
                    Whats wrong with taking good parts and ideas of other countries......Our goal should be to be as good as possible, we should always be looking to improve ourselves as a nation

                    Having freedom to gamble your money as you please is not a "far left libtard" idea either.......It should be a republican-ish idea in theory, if they truly cared about having government staying out of personal lives......But we all know that really isn't true
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                    • Balco10
                      SBR Hall of Famer
                      • 09-11-10
                      • 5478

                      #45
                      Only horses are legal everywhere and not sports wagering except Nevada. Yes it would be nice if Vegas had online books, but will never happen and were lucky to have offshore for now. Life goes on without gambling online. Shit a get a rush at the dog park wager a $5 Starbucks card on whose dog is faster.
                      Comment
                      • Balco10
                        SBR Hall of Famer
                        • 09-11-10
                        • 5478

                        #46
                        Originally posted by MoneyLineDawg
                        Whats wrong with taking good parts and ideas of other countries......Our goal should be to be as good as possible, we should always be looking to improve ourselves as a nation

                        Having freedom to gamble your money as you please is not a "far left libtard" idea either.......It should be a republican-ish idea in theory, if they truly cared about having government staying out of personal lives......But we all know that really isn't true
                        Absolutely as long as winning are taxed over a certain amount and free payouts.
                        Comment
                        • MoneyLineDawg
                          SBR Posting Legend
                          • 01-01-09
                          • 13253

                          #47
                          Originally posted by Balco10
                          Only horses are legal everywhere and not sports wagering except Nevada. Yes it would be nice if Vegas had online books, but will never happen and were lucky to have offshore for now. Life goes on without gambling online. Shit a get a rush at the dog park wager a $5 Starbucks card on whose dog is faster.
                          Why is it wrong to bitch about this and ask why can't our country end the madness when it comes to sports betting?? Why should we just sit here and take the bullshit?
                          Comment
                          • Balco10
                            SBR Hall of Famer
                            • 09-11-10
                            • 5478

                            #48
                            Yea i just get too fired up about the Lib ideology...nothing personal.
                            Comment
                            • Balco10
                              SBR Hall of Famer
                              • 09-11-10
                              • 5478

                              #49
                              It's unreal! Here in Washington State it's a class 3 felony if caught gambling online. The same as child porn! That is fuking sad and also coning from a Lib governor. Can't open an account DSI cause of that.
                              Comment
                              • MoneyLineDawg
                                SBR Posting Legend
                                • 01-01-09
                                • 13253

                                #50
                                Originally posted by Balco10
                                It's unreal! Here in Washington State it's a class 3 felony if caught gambling online. The same as child porn! That is fuking sad and also coning from a Lib governor. Can't open an account DSI cause of that.
                                Libs and Repubs both are fukked up when it comes to sports betting laws here in the US

                                Too many ignorant people out there
                                Comment
                                • Dutch
                                  SBR MVP
                                  • 09-21-10
                                  • 4339

                                  #51
                                  Originally posted by MoneyLineDawg
                                  Libs and Repubs both are fukked up in general.

                                  Fixed.
                                  Comment
                                  • MoneyLineDawg
                                    SBR Posting Legend
                                    • 01-01-09
                                    • 13253

                                    #52
                                    Originally posted by Dutch
                                    Fixed.
                                    Comment
                                    • Dark Horse
                                      SBR Posting Legend
                                      • 12-14-05
                                      • 13764

                                      #53
                                      Originally posted by texhooper
                                      too many religious nutjobs would call this man a fool. when you think about how easy it would be to logically make money for the country and say, provide real services like healthcare in such a way that you're not getting your income taxed to shit, then realize how effing retarded everyone in america is, it just pisses you off. well, it does me at least.
                                      The real opponents wouldn't be religious nutjobs, but Vegas. Think Vegas wants people to be able to gamble anywhere they want? They have a lot more money to grease politicians too. US is all about corporate power.

                                      In fact, it wouldn't surprise me if there's a connection between the ridiculous negative publicity about horse racing in the NY Times earlier this year, and the success tracks are having with slot machines. It's the way for many tracks to survive and flourish, but every track that turns to this strategy takes in money not spend in Vegas.
                                      Comment
                                      • MoneyLineDawg
                                        SBR Posting Legend
                                        • 01-01-09
                                        • 13253

                                        #54
                                        Originally posted by Dark Horse
                                        The real opponents wouldn't be religious nutjobs, but Vegas. Think Vegas wants people to be able to gamble anywhere they want? They have a lot more money to grease politicians too. US is all about corporate power.

                                        In fact, it wouldn't surprise me if there's a connection between the ridiculous negative publicity about horse racing in the NY Times, and the success tracks are having with slot machines.
                                        Vegas doesnt run our fukkin country.....The higher ups of Vegas might like to think they do but Fukk em.......Greasing politicians?? Makes me sick

                                        I have Atlantic City an hour away, and I still go to Vegas as much as possible with friends (And no not because of Sportsbooks either).......A few Sportsbooks here and there in other states won't do shit in regards to Vegas profits in the grand scheme of things
                                        Comment
                                        • Dark Horse
                                          SBR Posting Legend
                                          • 12-14-05
                                          • 13764

                                          #55
                                          Originally posted by MoneyLineDawg
                                          Vegas doesnt run our fukkin country.....The higher ups of Vegas might like to think they do but Fukk em.......Greasing politicians?? Makes me sick

                                          I have Atlantic City an hour away, and I still go to Vegas as much as possible with friends (And no not because of Sportsbooks either).......A few Sportsbooks here and there in other states won't do shit in regards to Vegas profits in the grand scheme of things
                                          Who do you think is behind the internet anti-gambling legislation. Religious people? Think it was their idea to squeeze it in as a flyer in some anti-terrorist bill, and vote after almost every congressman had left for some holiday?
                                          Comment
                                          • Optional
                                            Administrator
                                            • 06-10-10
                                            • 62249

                                            #56
                                            Originally posted by Balco10

                                            Absolutely as long as winning are taxed over a certain amount and free payouts.
                                            Why do you want winnings taxed at all??

                                            Other countries tax the businesses and leave the players alone.
                                            .
                                            Comment
                                            • MoneyLineDawg
                                              SBR Posting Legend
                                              • 01-01-09
                                              • 13253

                                              #57
                                              Originally posted by Dark Horse
                                              Who do you think is behind the internet anti-gambling legislation. Religious people? Think it was their idea to squeeze it in as a flyer in some anti-terrorist bill, and vote after almost every congressman had left for some holiday?
                                              Nope, just some jerkoff politicians that have too much time on their hands and want to show their power......Just like every other moronic laws we have in this country

                                              Of course, Vegas supports it but they are not powerful enough to dictate to 49 other states
                                              Comment
                                              • shari91
                                                BARRELED IN @ SBR!
                                                • 02-23-10
                                                • 32661

                                                #58
                                                Originally posted by Optional
                                                Why do you want winnings taxed at all??

                                                Other countries tax the businesses and leave the players alone.


                                                Imagine they tried to introduce a tax on gambling for punters here? Would be mass riots
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388208

                                                  #59
                                                  NJ is only state with miniscule chance and I say 99.2% they do not get it
                                                  Comment
                                                  • Dark Horse
                                                    SBR Posting Legend
                                                    • 12-14-05
                                                    • 13764

                                                    #60
                                                    Originally posted by MoneyLineDawg
                                                    Nope, just some jerkoff politicians that have too much time on their hands and want to show their power......Just like every other moronic laws we have in this country

                                                    Of course, Vegas supports it but they are not powerful enough to dictate to 49 other states

                                                    Really? It doesn't work that way, but it should, so in a way it's good you think so. The reality is that special interests have their hand in everything, and that all but one or two politicians are bought and paid for. Look through the veil of this fake democracy and you'll see corporate fascism long ago reared its ugly head.
                                                    Comment
                                                    • wrongturn
                                                      SBR MVP
                                                      • 06-06-06
                                                      • 2228

                                                      #61
                                                      Agree with that special interest group(s) just need to influence small number of politicians that are in important position, like some kind of committee, to make laws tilt to their favor. That law was a typical example.

                                                      The reason that Americans have been enjoying online gaming for a few years before 2007, is that although politicians don't express pro-gambling views publicly, for obvious reasons, they don't want to discuss laws to ban gambling either. One of main reasons is that they have far more important stuff on the table to fight each other. The sole reason of that law was passed, is just basically a bought senator sneaking it into a port security law that no politician dared to oppose after 9/11. The same reason that it is less important will also prevent it to be reversed or revised. So we will be stuck in this sad situation for quite a while.
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