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  1. #71
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    Default Re: NJ sports book news

    Quote Originally Posted by TobyTyler View Post
    Yup, spot on. There is seating upstairs but its not a bar with tvs and no board with lines.

    They are going to do something upstairs with the book, according to the bartender in the clubhouse.

    I got there at 2:15 and the bar area was packed & they had 5 or 6 windows open.

    Outside, they had about 15 windows open and no lines.

    I'm sure they will have fewer tellers tomorrow.

  2. #72

    Default Re: NJ sports book news

    Thanks for the report, Fifty.

  3. #73

    Default Re: NJ sports book news

    Quote Originally Posted by TobyTyler View Post
    Literally just had a non betting buddy text me saying "Giants are 35-1 what a great # lets put something on it"

    They will get that action from casual guys throwing a hundred on those who dont play offshore, dont know its a bad line, and dont really care.

    Thanks for the eyewitness account, TT.

  4. #74

    Default Re: NJ sports book news

    Quote Originally Posted by TobyTyler View Post
    Cool pics Tobe!

  5. #75

    Default Re: NJ sports book news

    Are these lines identical to the William Hill Lines in Delaware and the William Hill Lines in Nevada? Common Pool throughout the US?

  6. #76

    Default Re: NJ sports book news

    I wasn't there! Pics from twitta

    Will be there one day next week

  7. #77

    Default Re: NJ sports book news

    Quote Originally Posted by TobyTyler View Post
    I wasn't there! Pics from twitta

    Will be there one day next week

    Got it.

    Enjoy your trip.

  8. #78
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    Default Re: NJ sports book news

    On Father's Day, it's always good to remember that there's still a few mothers around (like the guy at the end of the article):

    https://deadspin.com/you-can-t-bet-o...the-1826862724

    (via an @DavidPurdum retweet)

    Good thing is, the new books have until late August to work all the kinks out and get everything set up just right before football season.

    I imagine that -- like in Nevada -- the silly rules about not being able to bet on in-state college teams will fall by the wayside eventually, even if state legislative action is required ("the law is just a reed in the wind").

    Sure hope this provides a boost to horse racing.
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  9. #79
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    Default Re: NJ sports book news

    The motto for Cherry Hill, New Jersey, the site of the former Garden State Park Racetrack (basically right next to Philadelphia, PA, and only 2 hours from NYC):

    "You couldn't pick a better place."

    https://en.wikipedia.org/wiki/Cherry_Hill,_New_Jersey
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  10. #80
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    Default Re: NJ sports book news

    (The motto perhaps may have been framed instead as a question in the past.)
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  11. #81

    Default Re: NJ sports book news

    It's refreshing seeing Jersey doing this.

  12. #82
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    Default Re: NJ sports book news

    Monmouth had a good crowd yesterday.I made 2 losing baseball wagers on Baltimore.but at least theres some life there.The Monmouth races/purses left a lot to be desired

    Get Some

  13. #83

    Default Re: NJ sports book news

    Quote Originally Posted by John Kelly View Post
    Understood.

    But I've seen so many sports books in Nevada close before they should.

    Terrible customer service.

    South Point has the right idea by going 24 hours.
    Agree John. Numerous times I've found myself heading down to the sportsbook to cash a ticket and peruse the next day's lines only to find out the book is already closed for the day. South Point has it right.

  14. #84

    Default Re: NJ sports book news

    NJ sports betting: Monmouth Park alive with activity on Father's Day -

    https://www.app.com/story/sports/hor...day/698277002/

    The lines were just as long at the sports betting kiosks just outside the William Hill Sports Bar They were also long at the pari-mutuel betting windows for the racing. The food lines were long too, especially at Max's Hot Dogs in the left corner of the grandstand area and the picnic area was also packed.


    The attendance of 23,768 was 5,241 larger than the 18,527 that attended on Father's Day last year.

    The handle figures were up all around, too.

    The total handle of $4,863,502 was $742,314 more than last year's total of $4,121,188.

    The on-track handle of $973,402 was $142,672 more than last year's total of $830,730 and the off track handle of $3,890,100 was $599,642 larger than last year.

  15. #85
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    Default Re: NJ sports book news

    Discussion of how line action might be affected by multijurisdictional legal sports betting in the US:

    http://www.espn.com/chalk/story/_/id...ting-expansion
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  16. #86
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    Default Re: NJ sports book news

    Question: When will these states offer mobile wagering like Nevada?

  17. #87
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    Default Re: NJ sports book news

    Quote Originally Posted by Squarepants View Post
    Discussion of how line action might be affected by multijurisdictional legal sports betting in the US:

    http://www.espn.com/chalk/story/_/id...ting-expansion
    With regard to sharp players taking advantage of different numbers in different jurisdictions, it's worthwhile to note paragraph (b) of the Wire Act:

    (b) Nothing in this section shall be construed to prevent the transmission in interstate or foreign commerce of information for use in news reporting of sporting events or contests, or for the transmission of information assisting in the placing of bets or wagers on a sporting event or contest from a State or foreign country where betting on that sporting event or contest is legal into a State or foreign country in which such betting is legal.

    https://www.law.cornell.edu/uscode/text/18/1084 (emphasis added)

    If I'm construing that safe harbor provision correctly, at least the Wire Act will not prohibit a betting outfit or player in Nevada coordinating with operatives in New Jersey to take advantage of local line variances in, for example, a match between the Eagles and the Raiders.

    In-state rules regarding beard betting perhaps may be a different matter, but I'm not sure that those necessarily would be violated by all possible arrangements that might be created to take advantage of the line variances, over and above simply having a runner in another state.

    Nor have I seen the specific NJ, Delaware or Mississippi rules, if any, addressing beard betting.

    The entity/fund betting that was authorized fairly recently in Nevada perhaps could be another way around in-state beard betting prohibition issues.

    But, as I read 18 USC 1084(b) on the fly, the federal Wire Act at least may not prohibit such state to state bettor coordination seeking to exploit line variances between two US jurisdictions where sports betting is legal.
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  18. #88
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    Default Re: NJ sports book news

    Quote Originally Posted by cheapseats View Post
    Question: When will these states offer mobile wagering like Nevada?
    Maybe Top is on top of that. If I see something specifically on that I'll post it (but being back at a day job crimps that sort of thing).

    I would expect that mobile will be offered fairly quickly within every jurisdiction where sports betting is legal. The operators -- i.e., basically the same outfits as are out here and/or ones with at least comparable sophistication -- certainly have the capability to do it within any state where it's legal. Barring a horse-and-buggy mentality in a legislature and/or state regulatory agency, I can't see any reason why it wouldn't be authorized -- or at least not explicitly prohibited -- from the getgo.
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  19. #89

    Default Re: NJ sports book news

    Quote Originally Posted by Squarepants View Post
    Discussion of how line action might be affected by multijurisdictional legal sports betting in the US:

    http://www.espn.com/chalk/story/_/id...ting-expansion


    Thanks for sharing, Squarepants.

  20. #90
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    Default Re: NJ sports book news

    Quote Originally Posted by Neveragain View Post
    NJ sports betting: Monmouth Park alive with activity on Father's Day -

    https://www.app.com/story/sports/hor...day/698277002/

    The lines were just as long at the sports betting kiosks just outside the William Hill Sports Bar They were also long at the pari-mutuel betting windows for the racing. The food lines were long too, especially at Max's Hot Dogs in the left corner of the grandstand area and the picnic area was also packed.


    The attendance of 23,768 was 5,241 larger than the 18,527 that attended on Father's Day last year.

    The handle figures were up all around, too.

    The total handle of $4,863,502 was $742,314 more than last year's total of $4,121,188.

    The on-track handle of $973,402 was $142,672 more than last year's total of $830,730 and the off track handle of $3,890,100 was $599,642 larger than last year.
    Nice to see the race handle bump.
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  21. #91
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    Default Re: NJ sports book news

    Quote Originally Posted by John Kelly View Post
    Thanks for sharing, Squarepants.
    'ppreciate that, John. Sometimes "living in interesting times" is a blessing rather than a Chinese curse.
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  22. #92

    Default Re: NJ sports book news

    Mobile wagering & maybe online wagering meaning websites will be starting in less than 30 days in new Jersey. They aren't too specific if it is one or both.
    Methods of payment are checks 14 days & PayPal or something like it . Ocean casino will have William hill as their bookie. Hard Rock will have possible CGT ....both casinos opening June 28, 2018

  23. #93

    Default Re: NJ sports book news

    The brick and mortar outlets will attempt to push everyone to the mobile app.

    That's the strategy of CGT in Las Vegas.

  24. #94

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    Quote Originally Posted by John Kelly View Post
    The brick and mortar outlets will attempt to push everyone to the mobile app.

    That's the strategy of CGT in Las Vegas.
    It’s pretty much a key component of the business model for all offshores.

    Try and imagine opening a restaurant where your tables are full sometimes and empty sometimes.

    But you have a quiet table in the back and there’s a quiet gentleman back their ordering cases of French champagne every night.
    Getting 2 or 3 whales coming in your restaurant each night drinking champagne and you’re making bank.
    That’s the metaphor that sums up what the online betting potential is to sports books.

    Good read here.

    https://ctmirror.org/2018/06/18/cras...tting-shadows/

  25. #95

    Default Re: NJ sports book news

    Agree JK... The one reason is mobile gives a better location where the person is located. Website's could be covered up by the bettors or ISP location could be at the main switching station instead of at your house. Casinos could then divide up the pie & taxes better with your exact location .

  26. #96

    Default Re: NJ sports book news

    Heard a good story about sports betting agents bragging about the number of clients each one serviced one football season.

    One guy boasted of 50 customers, another said he had more than 75 customers and a third claimed he had more than 100 players on his sheet.

    The agent who made the most money that season was an agent who had only six bettors, one of whom lost $11 million.

    True story.

  27. #97
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    Default Re: NJ sports book news

    If, as I suggest in post #87, the Wire Act does not prohibit sports bets being placed from NV to NJ, and vice versa, would be interesting to see them set up mobile apps where you could bet in either state -- on previously set up accounts -- so long as you were in either state at the time of the bet. Potentially bigger handle and more balanced two-way action.

    Do that across multiple legal states, and you start getting toward a national, almost-online-like, market.
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  28. #98

    Default Re: NJ sports book news

    Quote Originally Posted by Squarepants View Post
    If, as I suggest in post #87, the Wire Act does not prohibit sports bets being placed from NV to NJ, and vice versa, would be interesting to see them set up mobile apps where you could bet in either state -- on previously set up accounts -- so long as you were in either state at the time of the bet. Potentially bigger handle and more balanced two-way action.

    Do that across multiple legal states, and you start getting toward a national, almost-online-like, market.
    That's pointless. The sportsbook hubs are run out of Vegas and offer the same lines to all books regardless of their location. They aren't going to be offering different lines to their shops across state lines.

    The only difference so far will be Betfair at the Meadowlands. There is no Vegas presence for Betfair but they will probably end up using the same lines as their offshore book (not their exchange).

  29. #99

    Default Re: NJ sports book news

    When mobile wagering is enabled in NJ, you'll likely already be able to use your existing account from either NV or NJ - depending on where you're currently located.

  30. #100
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    Default Re: NJ sports book news

    Monkey, my discussion was against the backdrop of Purdum's article postulating that they might shade the lines differently based on location. If they ultimately don't do that, then, yes, it doesn't matter. It'sperhaps a little early to pound the table as to how things actually will shake out. I was exploring his premise. If they do shade lines based on location, bettors are going to look for ways to get bets down in multiple jurisdictions, which as I suggest would tend to hammer out the variances by giving rise to more two-way action.
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  31. #101

    Default Re: NJ sports book news

    Quote Originally Posted by Squarepants View Post
    Monkey, my discussion was against the backdrop of Purdum's article postulating that they might shade the lines differently based on location. If they ultimately don't do that, then, yes, it doesn't matter. It'sperhaps a little early to pound the table as to how things actually will shake out. I was exploring his premise. If they do shade lines based on location, bettors are going to look for ways to get bets down in multiple jurisdictions, which as I suggest would tend to hammer out the variances by giving rise to more two-way action.
    That has very little chance of ever happening. That would require a massive infrastructure change.

  32. #102
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    Default Re: NJ sports book news

    Quote Originally Posted by MonkeyF0cker View Post
    That has very little chance of happening. That would require a massive infrastructure change.
    I thought abut that also. Good to know.
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  33. #103

    Default Re: NJ sports book news

    Just the fact that they would now have multiple jurisdictions to balance risk takes away that very "homer effect" that he was talking about anyway.

  34. #104

    Default Re: NJ sports book news

    Currently just Pro sports offered, right?

    Would love to see them post Coll Football + Coll Basketball. But I guess that would open the pandora's box of shaving points.

  35. #105
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    Default Re: NJ sports book news

    I thought that the only legally imposed limitation under the current NJ law was betting on games with NJ college teams.

    Have the NJ books not been putting up at least futures for CFB and CBB?

    They've been doing all that betting on college games out here for years -- including on NV teams -- and Pandora's box has remained closed tighter than, well . . . .
    Never confuse price with value, consensus with wisdom, or conformity with courage.

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