It would give millions of fans easy access to the betting counter in an area of the country where the passion for sports runs deep and remove much of the stigma still attached to an industry that grew up on the fringe of respectability.
LAS VEGAS – The bookies in this gambling city are grumbling a bit, which is always good news for those inclined to wager a few bucks on their favorite NFL team. Over the past two decades, Manning has redefined the concept of how much a quarterback should study and how. Millions of dollars change hands every NFL weekend between gamblers who think they know more than oddsmakers and the bookies who usually do know more than the people handing them money.
Add in the online sports books and the money wagered on an NFL season is generally measured in the billions, not millions. (AP Photo/David Zalubowski, File) (The Associated Press)
“It’s easy to pick teams that are doing good,” said Jimmy Vaccaro, a longtime oddsmaker who has seen just about every trend — except a losing year for bookies — in 38 years behind the betting counter.
The reality is that people want to bet on games and will do so whether it’s legal or not. It’s part of the fabric of big-time sports, and without it we’d never know that Alabama is a 9.5-point favorite over Notre Dame in the BCS game.. Profits are down this season, thanks to some top teams that fans couldn’t stop putting money on.
“The one thing I’m certain of is New Jersey has no idea what it’s doing and doesn’t care because all it’s interested in is making a buck or two, and they don’t care that it’s at our potential loss,” Stern said.
It’s hardly surprising that the leagues are lined up against sports betting, mostly because their thought process is so rooted in the past. The NCAA has joined the fight in a federal court in Newark, and baseball Commissioner Bud Selig seems to take it as a personal affront.
And maybe that’s the real reason why they protest so loud.
Still, allowing legal betting in New Jersey would be a game changer. Huge sums ride on every pass, every call and every missed tackle.
That’s what makes the reaction of America’s biggest sports leagues to attempts to legalize sports betting in New Jersey so laughable.
It will also make some people a lot of money. The lines are made here, but it’s not hard to find illegal bookies in most major cities who will offer the same bets.
There’s nothing more immoral about it than betting on the stock market. They see gambling on their games as a threat cooked up in a back room somewhere by shady criminals just waiting for the chance to blackmail a troubled quarterback and fix the outcome of games.
Somehow, though, London — which has at least one betting parlor on every major street — managed to hold an entire Olympics without any problems, while offering bets on everything from Usain Bolt winning the 100 to Michael Phelps getting seven golds. “The idea that it is of benefit to a league when their fans are wagering with criminals rather than having a system where sports betting is regulated and run by honorable people who have undergone thorough investigations is ridiculous.”
Don’t tell that to NBA Commissioner David Stern, who seemed nearly apoplectic when asked in his deposition on how legal betting in New Jersey could hurt his league.
That means millions — and potentially billions — of dollars going into someone else’s pockets.
“I have to say to you I’m appalled,” Selig said in a deposition filed in the case. Chris Christie to sidestep a federal ban and allow wagering on games. 18, 2012, file photo, Denver Broncos quarterback Peyton Manning (18) calls an audible against the San Diego Chargers during the second quarter of an NFL football game in Denver. Nothing more criminal than cashing in on your fantasy league’s pot of cash. Informative post www.thai-m88.com
ADVANCE FOR WEEKEND EDITIONS, JAN. Unlike almost everything else they’re involved with, they won’t get a cut of the action.
Just what that loss would be is hard to understand. It’s the key explanation for how, at 36 and playing with a surgically repaired neck, he still looks very much the way he did in his prime. Write to him at tdahlberg(at)ap.org or http://twitter.com/timdahlberg
Football fans love to gamble, and they’ve been doing it in this city’s legal sports books for decades now.
Tim Dahlberg is a national sports columnist for The Associated Press. And if there is ever an attempt to fix a game, it’s going to be discovered first by the legal bookies in this city that track every dollar on every game and know before anyone that something fishy is going on.
No reason to worry. Legal sports book operators would surely profit, as would New Jersey in the taxes it collects on the bets.
Published January 05, 2013
But what happens in Vegas doesn’t just stay in Vegas. Not with quarterbacks like Peyton Manning and Aaron Rodgers covering the spread almost every time they took the field the last half of the season.
Yet somehow the integrity of the NFL remains intact. The playoffs will surely be money makers, and Monday night’s BCS game with a dream betting matchup of Notre Dame and Alabama could draw the most money ever bet on a college game.
“It defies common sense that somehow the leagues are better off and the world is a better place where hundreds of billions are being wagered illegally,” said Joe Asher, who runs United States operations for the British betting house William Hill. The NFL, meanwhile, hosts a game in London every year and hasn’t complained yet about fans being able to bet their favorite on their way to the stadium.
Nothing particularly innovative about their winning strategy. “I’m really appalled.”
From the NFL to the NBA, they’re united against efforts by New Jersey Gov. 5-6 – FILE – In this Nov. If anything, major sports leagues — the NFL in particular — have benefited from legal sports betting, with the betting line always a prominent part of any discussion leading up to a big game. There’s not a whiff of scandal, not a reason to suspect anything might be amiss.
About the only ones who won’t make money are the leagues themselves, at least not directly