Sports Betting

Sports Betting

Postby Somnambulist » Mon May 14, 2018 2:07 pm

Looks like this is good to go.

I'm not too sure how I feel about it.
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Re: Sports Betting

Postby WaquoitNBroadBrush » Mon May 14, 2018 3:08 pm

If the states tell the racinos they need to continue running horse races to get sports betting added to their slots and card games, then that might buy racing a few more years in the racino states. In non-racino states, this is just another nail in the coffin of parimutuels. New Jersey's racing interests seem to be 100 percent behind sports betting, so they must be expecting that they'll be getting it even if Atlantic City continues to block their access to slots and cards.
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Re: Sports Betting

Postby Apollo » Mon May 14, 2018 4:38 pm

Horse racing has to offer matchups and other props, if it hopes to retain anything close to its current market share.

Throw away the fear and the excuses. They are nothing but laughable. Belinda Stronach seems to be among the very few who understand that new and more aggressive types of wagers have to be offered...on site and online.
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Re: Sports Betting

Postby MySaladDays » Mon May 14, 2018 7:27 pm

competition for entertainment and betting dollars is always there, have to stay in the current or you die.

Doesn't matter how I feel about it. What I mostly see at Oaklawn is one spouse is on the racing side all day, the other spouse is on the casino side all day.

If there were not both sides, it's very likely that neither spouse would attend, and certainly not together.

Sundays all the grandaprents bring the grandkids to the racing side.....a good family day of entertainment. They oculd all be over at Magic Springs instead.

Appeal to as many possible types as possible.
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Re: Sports Betting

Postby Somnambulist » Mon May 14, 2018 9:12 pm

MySaladDays wrote:competition for entertainment and betting dollars is always there, have to stay in the current or you die.


Which is racing's problem.

My boyfriend is great to indulge my love of racing. He bets a little. If he could better soccer or MLB at the track that will get his money, not racing. I see this as a huge problem.
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Re: Sports Betting

Postby Big Ten » Mon May 14, 2018 10:17 pm

I love it.

Makes watching games more fun when money is on the line.
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Re: Sports Betting

Postby PJMIII » Tue May 15, 2018 8:00 am

Supreme Court strikes down PASPA, paves way for sports betting

The U.S. Supreme Court on Monday ruled that a 1992 federal law prohibiting states from authorizing gambling on sports is unconstitutional, a decision that could lead to sports wagering in New Jersey within weeks and potentially open up the practice in other states down the line.

http://www.drf.com/news/supreme-court-s ... ts-betting
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Re: Sports Betting

Postby PJMIII » Tue May 15, 2018 8:04 am

Monmouth Park Expects to Soon Offer Sports Wagering

New Jersey racetrack was a major player in push to overturn federal law.

https://www.bloodhorse.com/horse-racing ... s-wagering
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Re: Sports Betting

Postby stark » Tue May 15, 2018 11:04 am

So, everybody wants a piece of the pie, how much will takeout be?

Should the NBA and MLB be entitled to a small percentage, as they say, without us you got nothing!
I've found it easier to tear up tickets at 8/1 instead of 8/5.
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Re: Sports Betting

Postby Big Ten » Tue May 15, 2018 8:10 pm

Crossover betting could help horse racing.

http://www.espn.com/chalk/story/_/id/23 ... rse-racing

"I was at the Golden Nugget for about a year and a half, and we had a race and sportsbook together," Andrews said. "And as a lot of guys were just kinda sitting around watching the games or waiting for them to start, they would play some horses -- that's kind of the mentality of a gambler. I wouldn't necessarily say they were real horse players, but it was right in front of them, and they definitely did it a little bit. If they [offer sports betting] in these racinos or at the horse track, I think you'll get a little spillover from that.
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