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Posted on 9/13/15 at 7:51 pm to gobuxgo5
A lot of misinformation in this thread.
In 2006, a bill named Unlawful Internet Gaming Act was passed, that the NFL was at least partially behind, which made it illegal for a US financial institution to make a financial transaction with an offshore gambling company. This cut off funding to the online gambling sites from the US. This bill had a special carve out for fantasy sports and horse racing.
That carve out expressly states that Daily Fantasy Sports is completely legal federally, so it is not going away any time soon.
The 5 states or so where DraftKings and Fanduel do not service customers is due to those states having some sort previous online gambling laws on the books. As far to my knowledge there are no laws that expressly outlaw DFS, but more than likely the lawyers for the sites just told the sites to not service players in those states to avoid any issues.
Louisiana had a bill to legalize DFS completely within the state, but the land based casinos and Family First organization had it shot down.
In 2006, a bill named Unlawful Internet Gaming Act was passed, that the NFL was at least partially behind, which made it illegal for a US financial institution to make a financial transaction with an offshore gambling company. This cut off funding to the online gambling sites from the US. This bill had a special carve out for fantasy sports and horse racing.
That carve out expressly states that Daily Fantasy Sports is completely legal federally, so it is not going away any time soon.
The 5 states or so where DraftKings and Fanduel do not service customers is due to those states having some sort previous online gambling laws on the books. As far to my knowledge there are no laws that expressly outlaw DFS, but more than likely the lawyers for the sites just told the sites to not service players in those states to avoid any issues.
Louisiana had a bill to legalize DFS completely within the state, but the land based casinos and Family First organization had it shot down.
Posted on 9/13/15 at 7:54 pm to TMFS
We know the history. We are claiming that DFS being allowed and neither poker nor line sports betting being legal is bullshite.
Posted on 9/13/15 at 7:55 pm to Broseph Barksdale
since when is poker illegal?
Posted on 9/13/15 at 7:55 pm to SirWinston
quote:
man up and place a proper fricking bet on the spread or money line you basement dwelling virgins
Can't wait for you to make your fifteenth attempt at "watch me turn $1000 into $5000".
Posted on 9/13/15 at 8:02 pm to Broseph Barksdale
quote:
We know the history. We are claiming that DFS being allowed and neither poker nor line sports betting being legal is bullshite.
Apparently you do not, because online poker is not illegal on a federal level, and hence Nevada, New Jersey have it within their states lines. The shutdown of the major online poker sites in 2011 was due to bank fraud and money laundering that the poker sites blatantly did to circumvent UIGEA.
Also UIGEA clearly legalizing DFS is why one is legal and the other is not.
Now from theoretical argument why one is legal while the other is not legal, sure they are pretty much the same thing. Similar to why alcohol is legal while weed is not. Politics and money, plain and simple.
Posted on 9/13/15 at 8:11 pm to TMFS
Yeah, I meant thematically. And you nailed it.
Posted on 9/13/15 at 8:29 pm to gobuxgo5
Louisiana is 1 of 5 states that don't permit on account of the land casinos and Christian family crap.
Voting everyone one of those frickers out
Voting everyone one of those frickers out
Posted on 9/13/15 at 8:41 pm to ChunkyLover54
I think it will get passed next year.
The rep that tried to pass the bill tried to do it with little help. Evidently the Fantasy Sports Trade Association(whom he didnt prompt this go-round) is going to step in and help out. Also 70% of the LA residents polled support the full legalization of fantasy sports, and the bill will also be backed by the Saints & Pelicans.
The rep that tried to pass the bill tried to do it with little help. Evidently the Fantasy Sports Trade Association(whom he didnt prompt this go-round) is going to step in and help out. Also 70% of the LA residents polled support the full legalization of fantasy sports, and the bill will also be backed by the Saints & Pelicans.
Posted on 9/13/15 at 8:43 pm to Lester Earl
Good. I only learned of it last week.
Posted on 9/13/15 at 8:44 pm to Lester Earl
I'm excited to hear that!!
Posted on 9/13/15 at 9:24 pm to gobuxgo5
There's no reason why this and other forms do gambling are illegal.
It's absurd to the point that I can't even grasp it this day in age.
It's absurd to the point that I can't even grasp it this day in age.
Posted on 9/13/15 at 9:28 pm to CapperVin
FanDuel is awesome, I play NFL, CFB, and MLB weekly, prefer it over regular fantasy. College football is probably the funnest, love the late games one JuJu carried me yesterday.
Never tried DraftKings, would assume it's solid as well.
Never tried DraftKings, would assume it's solid as well.
Posted on 9/14/15 at 9:51 pm to UltimateHog
quote:
top House Democrat wants Congress to investigate fantasy sports websites that have thus far evaded restrictions on online gambling. Representative Frank Pallone cited FanDuel and DraftKings as particularly prominent daily fantasy sites. “Anyone who watched a game this weekend was inundated by commercials for fantasy sports websites, and it’s only the first week of the NFL season,” he said in a statement Monday.
“These sites are enormously popular, arguably central to the fans’ experience, and professional leagues are seeing the enormous profits as a result. Despite how mainstream these sites have become, though, the legal landscape governing these activities remains murky and should be reviewed.”
The top Democrat on the Energy and Commerce Committee conjured concerns that players might use fantasy sports to bet on games. “Team involvement in daily fantasy sports also raises questions of whether players or league personnel, who may be able to affect the outcome of a game, should be allowed to participate in daily fantasy sports,” he wrote in a September 14 letter to his GOP counterparts on the committee. “Given the professional sports leagues professional players [sic] deep involvement with fantasy sports, this Committee, as the committee with jurisdiction over professional sports and gambling, should examine the relationship between fantasy sports and gambling and the relationships between professional sports leagues, teams, players, and fantasy sports operators.”
Posted on 9/14/15 at 9:59 pm to SirWinston
quote:
es and dorks who play this shite are no different than the little old ladies dropping dollars into the slot machines while swaggy bros like me are playing craps with a 9 on my arm...man up and place a proper fricking bet on the spread or money line you basement dwelling virgins
Nice try at shaming tactic. The market to fanduel/draft king is still in it's infancy, meaning that the market is still soft. I know a group of professional handicappers who now focus solely on this and they are making a killing. I mean a killing.
Posted on 9/14/15 at 10:19 pm to Robin Masters
quote:
Fantasy has been around for 15+ years.
Fantasy football has been around since the 70s man
Posted on 9/14/15 at 11:00 pm to Biggereztiger
Posted on 9/14/15 at 11:01 pm to gobuxgo5
I cant take their fricking commercials anymore.
Posted on 9/14/15 at 11:19 pm to Horsemeat
quote:
I just wish they'd stop running the commercials during EVERY DAMN COMMERCIAL BREAK OF EVERY SPORT ON TELEVISION.
Anybody else want to fight that goofy looking patriots fan with the backward cap?
Posted on 9/14/15 at 11:29 pm to PeteRose
quote:
I know a group of professional handicappers who now focus solely on this and they are making a killing. I mean a killing.
I can easily see how handicappers and people that have the time to sit down and do research could clean up on daily baseball leagues.
And yes the commericals are horrible, especially now that Hulu Plus plays them too.
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