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re: Supreme Court Fallout: NCAA suspends no championships where sports betting is legal policy

Posted on 5/17/18 at 9:43 am to
Posted by slackster
Houston
Member since Mar 2009
85138 posts
Posted on 5/17/18 at 9:43 am to
quote:

wonder what the NCAA's % cut on the vig is for dropping that policy.


All these leagues think they'll get in on this action, but I simply don't see it. What leverage do they have?
Posted by Bunk Moreland
Member since Dec 2010
53729 posts
Posted on 5/17/18 at 9:46 am to
I heard a pretty good interview with Chris Christie the other day and he said some guy in his state that will be handling this told the leagues "we're going to give you what Nevada does. Zero."

The leagues may as well take the money from places like bet365.
Posted by Jwho77
cyperspace
Member since Sep 2003
76705 posts
Posted on 5/17/18 at 9:55 am to
quote:

All these leagues think they'll get in on this action, but I simply don't see it. What leverage do they have?



It's happened in other countries, and it's already happening in West Virginia. They call it the "integrity" fee or tax.

quote:

West Virginia’s Gov. Jim Justice says state casinos will be responsible for paying sports betting “integrity fees” if a new law comes to fruition.

Justice says in a news release that representatives of the state lottery, professional sports leagues and casinos reached a tentative agreement on the fees. The statement didn’t provide details of the agreement.

The NBA and Major League Baseball have been asking states to give them 1 percent of the total amount wagered on their games.


LINK
Posted by mark65mc
Baton Rouge
Member since Dec 2007
11291 posts
Posted on 5/17/18 at 11:19 am to
Some online shop, like DraftKings, will set up a sportsbook, give the leagues a cut and become the official sportsbook of MLB/NBA/NFL. It makes sense. They could get ads during the games and they are just kicking back a share of the take.

This is a good thing. The leagues are questionably refereed now anyway. Maybe this will cause greater scrutiny to have the leagues play as fair on the field as possible.
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