Supreme court rules "Professional and Amateur Sports Protection Act" unconstitutional

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Originally Posted by Sanlmar

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Originally Posted by Gookieheimowitz

Musberger is a fucking tool! In real life he is a complete horse racing degenerate gambler. Guy blew his career and is now relegated to a podcast / live show at southpoint basically given to him by Jimmy Vaccaro . Fuck Brent Musberger

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Maybe you’re having a bad day Gookie.

But wrong again.

The Musberger brothers started this thing. The brains behind it really were his lawyer brother.

They got the early lead in this format and should smash it in the coming years.

Brent has many contacts, of course, and I find the guests and regulars he helps provide to be top top. Is Brent a handicapping genius? Maybe not. However, the station is not a tout service. Instead it is sports filtered through the wagering prism - especially void of hawt takes and ESPN type nonsense.

Results, trends & value. Love the industry stuff from the sportsbook managers.

Vacarro is god. Hang on every word of his and I love the SouthPoint book.

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Not a bad day . Just know what and who Brent Musberger is. He is exactly what I said earlier. A fucking tool. I have nothing against Jimmy Vacarro or Southpoint Sports Book. I was there when they where building that thing and even talked to them about what it was and the minute they said it was for Musberger I threw up a little in my mouth .

Everybody for decades thought Musberger was this stand up guy especially since he always did the Little League World Series . What I can tell you is this . He had or still has an overinflated ego and treats people like shit. He is nothing more then a Gambling Degenerate I have witnessed it with my own eyes .

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Originally Posted by GambleBotsChafedPenis

I mentioned this in the other thread...cant imagine the new books are going to charge a 15/20 cent line...they cant be stupid enough to think that's gonna fly with online and local bookies as options...

philly and jersey casinos could probably "charge" blackjack players with 6:5 blackjack, but I haven't seen it...granted the last time I was in a jersey casino was 2 years ago and haven't been to valley forge/parx to play in the pits in over a year...

my one caveat is that people who run casinos are absolute fucktards (and I worked for the supreme fucktards) so they may just fuck this up with 15/20 cent lines...

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I was really thinking those offshore books would keep lines from getting to 15/20 cents; however SanIlmar reminded me that the offshore books will probably not allow players from states that have legal state options for fear of ***something***. This is already how many offshore gambling companies do poker...for example Bovada doesn't allow Nevada, New Jersey or Delaware poker players because those sites have legal state poker and other online gambling games.

It will suck if that happens. I want the offshores to force the states to offer a more palatable line than -115 or heaven forbid -120, but we need the offshore bookies stay the course.

I talked to my guy who is an old school "redacted" trader who legit quit in 08-10 a cushy high 6 figure (around 750k at the time) trading job to run a book. Had the guy stayed in the game he would easily be making very low 7 figures at this point, but by the time he quit he was making more than that in a yr. I met him as an intern and told him about my run up on bodog in 06-08 and we became very close to the point where I'm up on him overall (def not last yr!) but he'll never cut me. I talked to him yesterday and he said that he expects business to be fine overall as his big bettors don't want to deal with reporting large sums of cash. He thinks for smaller time bookies or bookies that cater to the average joe are fucked and this will be killer for them.

The way he explained it is something like this, if a guy who bets +5k a game wants to avoid taxes he'll go the bookie route, but your normal bookie doesn't have many clients like that. What most bookies have are clients betting 100-1.5k and many times on credit. Those smaller bettors are much more likely to credit risk aka not being able to collect or slow paying. Those who don't use credit and bet those sizes will flock to the state run games because they really shouldn't be that worried about taxes at that level nor do they need the credit and your avg bettor of that size won't pay to much attention to juice unless it is ridiculously different. For someone like Todd, daly, china etc 115 vs 110 is huge, but your avg joe... meh

Given the above he's starting to cut off any client in that bucket who isn't a friend (me) or a relative and for any client who bets 1.5k-3k he's pulled there credit limits down significantly. I've already gotten 2 text from old coworkers saying " Has XYZ cut you off? He just emailed me today to settle up and he's pulling out".

Guy has always been smart about everything he does and has lasted 10yrs in the biz running a book (although he left the US in '12 to move to his wife's home country which was smart IMO). He's treating this just like a trader would when regulation changes and is adapting. Granted at this point he's just a glorified payment processor as he pays a syndicate to handle the front end shit, but he nailed the credit risk aspect perfectly.

TL;DR: your avg bookie is fucked as all his bread and butter clients will flock to the legal books and will only be left with those who need credit and are more risky. Your higher end bookie will see a drop but be fine. Offshore (bodog/sportsbook/5dimes) books will be hurt too but not as bad as your typical bookie but much more than your higher end bookie.

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Originally Posted by Forum Wars

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Originally Posted by GambleBotsChafedPenis

I mentioned this in the other thread...cant imagine the new books are going to charge a 15/20 cent line...they cant be stupid enough to think that's gonna fly with online and local bookies as options...

philly and jersey casinos could probably "charge" blackjack players with 6:5 blackjack, but I haven't seen it...granted the last time I was in a jersey casino was 2 years ago and haven't been to valley forge/parx to play in the pits in over a year...

my one caveat is that people who run casinos are absolute fucktards (and I worked for the supreme fucktards) so they may just fuck this up with 15/20 cent lines...

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I was really thinking those offshore books would keep lines from getting to 15/20 cents; however SanIlmar reminded me that the offshore books will probably not allow players from states that have legal state options for fear of ***something***. This is already how many offshore gambling companies do poker...for example Bovada doesn't allow Nevada, New Jersey or Delaware poker players because those sites have legal state poker and other online gambling games.

It will suck if that happens. I want the offshores to force the states to offer a more palatable line than -115 or heaven forbid -120, but we need the offshore bookies stay the course.

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My guy believes legal books outside of vegas will settle on -115 with some outliers at -120. He truely believes that you'll be lucky to have-110 lines and thinks that's why online books will still be viable. He offers his big clients -105, friends&fam -107 and everyone else -110/-115 based on how much credit they use, however he's cutting alot of the -115 guys.

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Originally Posted by Dan Druff

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Originally Posted by Daly

I think you guys are completely wrong about this. The law change is going to remove the stigma from sports betting. The municipals are going to advertise the shit out of this. It's going to open up a legion of sports bettors to the "hobby".

As the market grows and eventually gets more sophisticated the public will figure out what a joke it is paying taxes on winnings. Then they are going to reconcile the fact they are paying the State of NJ .20when they can use a local at .10 or .05. Integrity fee my fucking ass.

Bookies are thrilled today.

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Is the integrity fee really going to happen though?

Now that PASPA has been overturned, can't the states just offer sportsbetting and tell the leagues to fuck off with their fees?

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I don't think it will happen.

I wonder, though, if states will increase the juice on these bets, making an almost unbeatable bet even more so. Kansas, for example, now has casinos, despite gambling being forbidden in the Kansas Constitution. The work around is the state acually owns the casino (though they are licensed to Hollywood etc.) Rake on slots and video poker makes those machines unplayable. I imagine with state sports betting, they will be similarly greedy.

Just for Hollywood in 2018, the state took about $30 million of $120 gaming revenue (before the management took profit). Not a lot left to return. Maybe I'm reading this chart wrong. https://www.kslottery.com/aboutus/expandedlottery.aspx

I also think this is death to daily fantasy. Good riddance. It was just a substitute for sports gambling anyway.

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Originally Posted by Gookieheimowitz

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Originally Posted by Sanlmar

Maybe you’re having a bad day Gookie.

But wrong again.

The Musberger brothers started this thing. The brains behind it really were his lawyer brother.

They got the early lead in this format and should smash it in the coming years.

Brent has many contacts, of course, and I find the guests and regulars he helps provide to be top top. Is Brent a handicapping genius? Maybe not. However, the station is not a tout service. Instead it is sports filtered through the wagering prism - especially void of hawt takes and ESPN type nonsense.

Results, trends & value. Love the industry stuff from the sportsbook managers.

Vacarro is god. Hang on every word of his and I love the SouthPoint book.

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Not a bad day . Just know what and who Brent Musberger is. He is exactly what I said earlier. A fucking tool. I have nothing against Jimmy Vacarro or Southpoint Sports Book. I was there when they where building that thing and even talked to them about what it was and the minute they said it was for Musberger I threw up a little in my mouth .

Everybody for decades thought Musberger was this stand up guy especially since he always did the Little League World Series . What I can tell you is this . He had or still has an overinflated ego and treats people like shit. He is nothing more then a Gambling Degenerate I have witnessed it with my own eyes .

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you guys reminded me to check out the VSin show. I have listened to Gil's podcast for years, but hadn't tried Vsin. Well I can't stand it so far. The repetitive promos are annoying and waaaaay too long. I much prefer the condensed podcasts. e.g. Brent M promo has been running all morning, with him ranting about baseball graphics and some promo about Howard C being a rapper. ah no TY. STFU. Sanlimar, do I need to give it another chance? edit: I have been listening on livestream.

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Originally Posted by handicapme

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Originally Posted by Forum Wars

I was really thinking those offshore books would keep lines from getting to 15/20 cents; however SanIlmar reminded me that the offshore books will probably not allow players from states that have legal state options for fear of ***something***. This is already how many offshore gambling companies do poker...for example Bovada doesn't allow Nevada, New Jersey or Delaware poker players because those sites have legal state poker and other online gambling games.

It will suck if that happens. I want the offshores to force the states to offer a more palatable line than -115 or heaven forbid -120, but we need the offshore bookies stay the course.

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My guy believes legal books outside of vegas will settle on -115 with some outliers at -120. He truely believes that you'll be lucky to have-110 lines and thinks that's why online books will still be viable. He offers his big clients -105, friends&fam -107 and everyone else -110/-115 based on how much credit they use, however he's cutting alot of the -115 guys.

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thanks for the insight...kinda figured that on the bookie route...didn't think of the taxes/not wanting the wife to know you gamble route that those peeps would probably still go the bookie route...

stunned that he thinks 115 is gonna be the norm...I mean I guess that's why 6:5 BJ is everywhere in vegas...the average joe just doesn't give a shit about it and it hasn't affected business...wouldn't put up a huge argument against your buddy who's in the game and daly and san and shit, but I still hold out that we'll see 110...if they are gonna go to 115 right out of the gate I don't see why all BJ tables aren't 6:5 in PA...

Sources have told ESPN that the NFL is not interested in "integrity fees" from sports betting, more focused on data rights.
The WSJ's @AndrewBeaton has more on the NFL's plans moving forward.



Now this makes a little more sense.

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Originally Posted by Daly

Sources have told ESPN that the NFL is not interested in "integrity fees" from sports betting, more focused on data rights.
The WSJ's @AndrewBeaton has more on the NFL's plans moving forward.



Now this makes a little more sense.

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what the hell does that even mean? isn't data (ie game scores, stats) in the public domain?

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Originally Posted by GambleBotsChafedPenis

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Originally Posted by Daly

Sources have told ESPN that the NFL is not interested in "integrity fees" from sports betting, more focused on data rights.
The WSJ's @AndrewBeaton has more on the NFL's plans moving forward.



Now this makes a little more sense.

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what the hell does that even mean? isn't data (ie game scores, stats) in the public domain?

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Final scores are but the real time live data..... it's almost watching the game but in data format....

If books want to offer live betting they may have to pay the piper....

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Originally Posted by Daly

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Originally Posted by GambleBotsChafedPenis

what the hell does that even mean? isn't data (ie game scores, stats) in the public domain?

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Final scores are but the real time live data..... it's almost watching the game but in data format....

If books want to offer live betting they may have to pay the piper....

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Live is where the future is.

I understand 70% of the action and 50% of the handle is in game wagering in England. England is the land of soccer.. ya know what I’m sayin’?

We are in the midst of playoff hockey which is like crack cocaine compared to baseball. In game wagering almost makes baseball feel fast. Will Ohtani get a HR, strikeout/walk or get a hit as he steps up to plate. Baseball should embrace this and mail out free tablets.

But your point is BOOKS may have to pay the piper. Cost of doing business. I marvel at how the little grass huts have the action far before broadcast. With my live betting page open while watching sometimes I get the spoiler that a run was scored before the pitch is thrown on tv.

I might be enticed to pay for their feed for a small price.

Books having to pay the piper ain’t 1% but I get how negotiations start.

The leagues really need to balance their pursuit of incremental revenue against genuinely helping facilitate implementation of wagering with the states. I’m not sure they are that bright.

And now the NFL is out ahead of the curve. Out with a statement and "integrity" is no where to be found.

Now the core principle is "fans must have one source of truth for statistics"

Wonder who will be the source and I wonder if it will be free?

Someone with a sense of reality. Calling out the leagues that want the "extortion fee":

√http://www.espn.com/chalk/story/_/id...lation-enacted

MGM just bought Empire City Casino in Yonkers NY for 850 million

This is definitely to be able to offer sports betting in NYC, also the first time MGM will own a horse race track.


https://www.marketwatch.com/story/mg...ion-2018-05-29

http://yonkers.dailyvoice.com/busine...illion/737811/

BUMP

Bookmark this sportsbetting legalization page: http://www.espn.com/chalk/story/_/id...-all-50-states