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  1. #106

    Default Re: Supreme Court rules with NJ

    Before I pop the cork do we have a idea pricing structure..Heard a Will-Hill spokesperson on about 5 shows ..how their ready to go 13 days blah blah..not one mention of pricing..

  2. #107
    EOG Dedicated michael777's Avatar
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    Default Re: Supreme Court rules with NJ

    The 3 SCUMBAG Liberals voted no.In dissent, Justice Ruth Bader Ginsburg said the court had erred by using a "wrecking ball" to destroy the 1992 federal law. "Congress permissibly exercised its authority to regulate commerce by instructing the states and private parties to refrain from operating sports-gambling schemes," she wrote. Justice Sonia Sotomayor agreed, and Justice Stephen G. Breyer agreed in part with her dissent.

  3. #108

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    Don't know how they open and take bets without a set of rules and regulations in place that have been approved by the state.

    Consider me a skeptic. The way the ruling came down, the states can operate in place of any federal regs being in place. Much like what happened with UIGEA, would it shock you if they snuck some prohibition clause into a federal budget plan at the last minute that needed to pass that night and this was all a big waste of time?

  4. #109
    Bells Beer Connoisseur FairWarning's Avatar
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    Default Re: Supreme Court rules with NJ

    Buying some Boyd Gaming and Caesers stocks today.

  5. #110

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    Quote Originally Posted by John Kelly View Post
    A state should hire Pinnacle employees as consultants.
    if it were 2005, the current pinnacle employees are not that sharp

  6. #111

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    Lets see if this happens....

    Legal sports betting in N.J. set to launch on Memorial Day May 28th at Monmouth Park NJ

    http://www.nj.com/politics/index.ssf/2018/05/just_in_time_for_summer_sports_betting_at_monmouth.html

  7. #112

  8. #113

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    Former Raiders LB Napoleon Harris is now a Senator in Illinois. His proposal is outlandish: 12.5% tax on all revenues on top of an integrity fee.

    https://chicago.suntimes.com/columni...ports-betting/

  9. #114

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    Quote Originally Posted by Valuist View Post
    Former Raiders LB Napoleon Harris is now a Senator in Illinois. His proposal is outlandish: 12.5% tax on all revenues on top of an integrity fee.

    https://chicago.suntimes.com/columni...ports-betting/
    Don't worry...they will give out 1free drink ticket

    😊

  10. #115
    EOG Dedicated FISHHEAD's Avatar
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    Default Re: Supreme Court rules with NJ

    Quote Originally Posted by MrTop View Post
    Don't worry...they will give out 1free drink ticket

    ������
    ​STAY FOCUSED

  11. #116

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    Watch them put taxes on everything..and nobody bets...lol

  12. #117
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    Default Re: Supreme Court rules with NJ

    Quote Originally Posted by JavyBaez9 View Post
    With BITCOIN coming onto the scene, Pinnacle could have been taking US customers for a long time now... They apparently don't want us.
    I said a long time ago. US. players beat them up on US. sports. The sharps vs. the big 3. They would rather book European and S. American soccer.

  13. #118
    KarmaKarmaKarmaKarmaKarma Chameleon OMNISCIENT NEWT's Avatar
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    Default Re: Supreme Court rules with NJ

    Quote Originally Posted by JavyBaez9 View Post
    With BITCOIN coming onto the scene, Pinnacle could have been taking US customers for a long time now... They apparently don't want us.
    Lets leave aside for just a second the notion that Pinny might not want to run afoul of the hyper-aggressive US government.

    On a much more business-focused note, why on earth would Pinny want to get in the Bitcoin business? They take a $1000 bitcoin deposit from a donkey bettor. Said donkey bets badly & Pinny nets $1000, right? Nope. Pinny gets whatever they can cash out their bitcoin deposit back into dollars, which given recent bitcoin volatility may be anywhere from a $4000 loss to a $4000 gain at any given moment.

    Its not all "they don't want us". Bitcoin is great for speculation, but until it stabilizes as a currency, it sucks for business. Its like funding your account with a penny stock. I realize bettors get all wiggly on shit like that ("i might make even more!"), but its a terrible business decision.

  14. #119

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    Quote Originally Posted by Valuist View Post
    I know a guy who spent two years researching places to retire. He checked into everything, except gambling because he didn't gamble. He ended up moving to Greenville SC. I kind of dismissed it due to no gambling possibilities. I may need to re-think it. Cost of living there very, very reasonable but home prices starting to climb.
    VAL:

    Saw your post. A few comments:

    1) What type of weather do u prefer? Columbia/Greenville area is an oven in middle of summer. For me, the worst weather. Feels like you're sitting on top of a skittle. South Carolina weather vastly different Coast vs Inland.

    2) Gaming options maybe not too bad. Not THAT long of a drive to Cherokee NC. And I believe that Harrah's recently opened another property in NC.

  15. #120

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    Quote Originally Posted by Valuist View Post
    Former Raiders LB Napoleon Harris is now a Senator in Illinois. His proposal is outlandish: 12.5% tax on all revenues on top of an integrity fee.

    https://chicago.suntimes.com/columni...ports-betting/
    Need to have someone w/ a clue talk about this. Really, very few in the know.

  16. #121

    Default Re: Supreme Court rules with NJ

    Quote Originally Posted by OMNISCIENT NEWT View Post
    Lets leave aside for just a second the notion that Pinny might not want to run afoul of the hyper-aggressive US government.

    On a much more business-focused note, why on earth would Pinny want to get in the Bitcoin business? They take a $1000 bitcoin deposit from a donkey bettor. Said donkey bets badly & Pinny nets $1000, right? Nope. Pinny gets whatever they can cash out their bitcoin deposit back into dollars, which given recent bitcoin volatility may be anywhere from a $4000 loss to a $4000 gain at any given moment.





    Its not all "they don't want us". Bitcoin is great for speculation, but until it stabilizes as a currency, it sucks for business. Its like funding your account with a penny stock. I realize bettors get all wiggly on shit like that ("i might make even more!"), but its a terrible business decision.




    agree pinny does not want to rock the boat.... U.S gov knows how & when to push any piece on the chessboard if they desire . Just ask Gaddafi & saddam.

  17. #122

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    Quote Originally Posted by FairWarning View Post
    Buying some Boyd Gaming and Caesers stocks today.
    I bought Disney yesterday. Barron's wrote something about them a couple weeks ago. They prefer them over Netflix going forward. Falling subscribers for ESPN has been the only headwind for the company. I don't like ESPN, but they are the sure winner here. It doesn't matter who gets the licenses; there will be more eyeballs on the games.

  18. #123

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    Purdum tweeted out W-Hill will offer same betting menu as they offer in Vegas..

  19. #124

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    Quote Originally Posted by pippy View Post
    Purdum tweeted out W-Hill will offer same betting menu as they offer in Vegas..

    One of the more attractive menus in Las Vegas but still plenty of room for more creative offerings.

    Regular-season win totals should be updated daily.

  20. #125

    Default Re: Supreme Court rules with NJ

    Opening for May 28th Monmount park will be delayed.
    I was already setting up a weekend down there lol.


    https://www.app.com/story/sports/hor...old/616246002/

    OCEANPORT - Monmouth Park officials said they are delaying the launch of sports betting at the request of state lawmakers, scuttling work to begin taking wagers on sports such as baseball and basketball on May 28.
    Instead, the track will only conduct ceremonial wagering that day, with plans to have Gov. Phil Murphy and other politicians participating.
    Dennis Drazin, president and CEO of Darby Development LLC, which operates Monmouth Park, on Wednesday said the decision to delay opening sports betting to the public was made in consultation with Senate President Stephen Sweeney, D-Gloucester.
    Sweeney asked for time to allow lawmakers to establish regulations for the new venture, Drazin said.
    "I spoke to Senator Sweeney and he asked me to wait,'' Drazin said. "We won't take bets from the general public until the legislature says we can.
    "Our current plan is to do the ceremonial betting May 28 with Senator Lesniak (former state Senator Ray Lesniak), Governor Murphy and Governor Christie (former governor Chris Christie), if we can get them all together.''



    Sweeney is the sponsor of a bill (S2602) regulating sports betting that includes a passage prohibiting issuance of licenses to operate a sports book "to any person that operated a sports pool within one year prior to the enactment of this act."
    The existence of the passage was first reported by NJ Advance Media. The Senate doesn't have a voting session until June 7.
    Sweeney in a statement issued by his office promised to "move quickly to get the law in place.''
    "But it has to be done right, with the regulations, oversight and financing in place. I expect to have the sports betting legislation approved by the Senate at our next session on June 7th so that sports gaming in New Jersey is up and running as soon as the governor signs the bill,'' Sweeney said. "New Jersey will continue to be the leader on sports betting but we want to ensure its long-term success with the right rules and procedures in place.”

    Drazin had told Gannett New Jersey on Tuesday and again Wednesday morning that Monmouth Park was set to launch sports betting May 28 after a U.S. Supreme Court on Monday paved the way to allow gambling on sporting events at racetracks and casinos in the state.

    However, Drazin has said all along he will comply with the legislative process while the state legislature drafts legislation regulating the sports betting.

    "I'm going to do exactly what they want me to do,'' Drazin said. "I fully support the governor and the legislature. I want us all to be together on this. I'm told it will be early June (when the legislation is done). I'm willing to wait.''


    Steven Falk: 732-643-4267; sfalk@gannettnj.com

  21. #126

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    I hope something like predictit pops up. Amazing that one can legally bet on politics and pay a lower vig than sportsbetting.

  22. #127

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    Quote Originally Posted by Inkwell77 View Post
    I hope something like predictit pops up. Amazing that one can legally bet on politics and pay a lower vig than sportsbetting.
    Actually i should say the predict it fees are also way too high, but the setup is perfect imo for a sports betting marketplace.

  23. #128

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    be fun to bet on volcanoes and weather

  24. #129

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    earthquakes

  25. #130

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    over and under on how many starts tom brady makes, stuff like that. how Dominicans will get suspended?

  26. #131

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    Quote Originally Posted by railbird View Post
    over and under on how many starts tom brady makes, stuff like that. how Dominicans will get suspended?
    Could set up an Over/Under on number of tweets per week by POTUS.

  27. #132
    EOG Dedicated The Meatman's Avatar
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    Default Re: Supreme Court rules with NJ

    Here are the sports betting rules in Mississippi.

    No integrity fee.

    I will be there after the Belmont to see how the action is!

    http://www.theadvocate.com/baton_rou...615ce32fb.html


    Dave "The MeatMan" Scandaliato

  28. #133

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    Travel safely, Dave.

  29. #134
    EOG Dedicated
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    Default Re: Supreme Court rules with NJ

    Quote Originally Posted by The Meatman View Post
    Here are the sports betting rules in Mississippi.

    http://www.theadvocate.com/baton_rou...615ce32fb.html


    Dave "The MeatMan" Scandaliato
    Hilarious that this crap would even be floated. Seems to have been written by a complete moron.

    "▪ Collegiate or professional coaches and athletes can't bet on their teams." So I guess its OK for them to bet against their teams. Also betting is OK for umpires, athletic directors, trainers and pro owners?

    "The Gaming Commission executive director can authorize electronic wagering within a casino and its hotel facility on mobile devices, once the player establishes an account, and only while on the property." Does this include the parking lot? Its going to be very hard to determine if you are on the property.

    "The federal tax on winnings is 25 percent for individuals." For 2018, there isn't even an individual 25% federal tax bracket. Obviously, the marginal federal tax rate depends on your other income and deductions. However, I'm somewhat confident that the books will know that they either pass on to the bettor or will themselves have to pay the 0.25% federal tax on the gross handle.

    "▪ For any wager or payout over $10,000, the better's name, …" For God's sake, the writer doesn't even know how to spell "bettor".

  30. #135

    Default Re: Supreme Court rules with NJ

    I nominate ComptrBob for the new position in Donald Trump's Cabinet: Secretary of Sports Betting.

  31. #136

    Default Re: Supreme Court rules with NJ

    http://www.mlive.com/wolverines/inde...d_offer_s.html

    Looks like Michigan wants to move ahead as well. Maybe even by football season. We have three casinos in Downtown Detroit, and many others throughout Michigan.

  32. #137
    EOG Dedicated
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    Default Re: Supreme Court rules with NJ

    Good luck finding people to run these books. This should be fun.....

  33. #138
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    Default Re: Supreme Court rules with NJ

    Quote Originally Posted by Scatana Fas View Post
    Don't know how they open atnd take bets without a set of rules and regulations in place that have been approved by the state.

    Consider me a skeptic. The way the ruling came down, the states can operate in place of any federal regs being in place. Much like what happened with UIGEA, would it shock you if they snuck some prohibition clause into a federal budget plan at the last minute that needed to pass that night and this was all a big waste of time?
    Books in Vegas for years made their own rules. Still do

  34. #139

    Default Re: Supreme Court rules with NJ

    2 interesting things imo

    The stock price of Sportech (a tech betting platform) has jumped like 20% in value since the announcement. I only know about this because they are the betting platform that turf paradise (and other otbs) here in Phoenix use.


    Also this is kind of interesting (except for the fact the writer doesn't mention the vig in baseball is lower than the vig in the other sports he talks about)

    https://fivethirtyeight.com/features...d-sports-bets/
    "Once you in it, you in it. If it's a lie, then we fight on that lie, but we gotta fight"
    -Slim Charles (also the new motto of pregame.com)

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