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View Poll Results: Sports betting will be legalized in the majority of the U.S.A. within:
5 years 6 40.00%
10 years 6 40.00%
15 years 0 0%
42 / other 3 20.00%
Voters: 15. You may not vote on this poll

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  #21  
Old 05-14-2018, 11:18 PM
3rookie 3rookie is offline
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I am seeing some things on how this is going to change sports media as well, as now the ESPNs of the world will be a lot more focused on the gambling aspect. Also expect to see new handicapping shows to be popping up on ESPN/FS1 fairly soon.
We've already seen this with some of the major sports news websites pushing their pay per "expert" picks. This stuff was verboten 3 years ago on the same sites.
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  #22  
Old 05-21-2018, 11:02 AM
DanielSong39 DanielSong39 is offline
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I'm starting to think that the sports betting market is not that big. Sure, a few casual bettors might drop 10's and 20's once in a while but when push comes to shove most people would rather play the lottery or video slots.

We went through the same thing with poker. There aren't that many card rooms and the handful of tables that are running are usually 1-3 or 2-5 No-limit Hold-'em with ~$200-$500 buy-ins and ~$5-$7 rake. Meanwhile most of the action is in the slots while table games and poker are basically decorations.
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  #23  
Old 07-05-2018, 07:11 PM
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Originally Posted by DanielSong39 View Post
I'm starting to think that the sports betting market is not that big. Sure, a few casual bettors might drop 10's and 20's once in a while but when push comes to shove most people would rather play the lottery or video slots.

We went through the same thing with poker. There aren't that many card rooms and the handful of tables that are running are usually 1-3 or 2-5 No-limit Hold-'em with ~$200-$500 buy-ins and ~$5-$7 rake. Meanwhile most of the action is in the slots while table games and poker are basically decorations.
If that's the case, it's even more absurd that the professional and amateur sports leagues opposed it tooth and nail for as long as they did.
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  #24  
Old 07-05-2018, 07:50 PM
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Originally Posted by DanielSong39 View Post
I'm starting to think that the sports betting market is not that big. Sure, a few casual bettors might drop 10's and 20's once in a while but when push comes to shove most people would rather play the lottery or video slots.

We went through the same thing with poker. There aren't that many card rooms and the handful of tables that are running are usually 1-3 or 2-5 No-limit Hold-'em with ~$200-$500 buy-ins and ~$5-$7 rake. Meanwhile most of the action is in the slots while table games and poker are basically decorations.
I think ease of access is a big driver for sports betting (and poker too for that matter). If you could sit at home and place bets online or even at the event itself my guess is you'd see significant uptake. Doesn't it work that way in Europe?

Poker is a little different since my understanding is it provides a much lower ROI for the casino when compared to slots, etc and you have to pay for dealers and floor space.
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  #25  
Old 07-05-2018, 08:16 PM
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Abelian Grape Abelian Grape is offline
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It's going to be hard to get serious gamblers into it when they're taxing winnings but no tax break on losing.
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