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  #1  
Old 09-08-2014, 02:42 PM
freddymo freddymo is offline
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Originally Posted by Kasept View Post
Christie comes through on Sports Betting; Monmouth, Freehold, ACRC, Meadowlands, Casinos OK'd to take action..

http://www.nydailynews.com/news/nati...2168?cid=bitly

ATLANTIC CITY, N.J. — New Jersey Gov. Chris Christie issued a directive Monday allowing his state's casinos and racetracks to offer sports betting without fear of criminal or civil liability.

The governor said he took his cue from previous federal court rulings that found that nothing in New Jersey law prohibits the casinos and horse racing tracks from offering sports betting.

His action is likely to be challenged in court by the professional and collegiate sports leagues that fought New Jersey's efforts to overturn a ban on sports betting in all but four states. That effort ended with the U.S. Supreme Court declining to hear the case.


ASBURY PARK PRESS: http://www.app.com/story/news/politi...ting/15290363/
What are the chances we actually see sports betting in NJ before Congress repeals laws that forbid it? Seems to me just a bunch of hot air
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Old 09-08-2014, 09:53 PM
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Originally Posted by freddymo View Post
What are the chances we actually see sports betting in NJ before Congress repeals laws that forbid it? Seems to me just a bunch of hot air
Its coming...we had this discussion earlier where people said it would never happen.

The states are running out of money yet still are increasing their spending so here is easy money for the states....

they are legalizing drugs now, why would anyone care about betting on sports?

also I saw Adam Silver basically embracing sports betting as helpful to the NBA, he would not say that without some inkling as to what is going to happen.
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Old 09-09-2014, 07:39 AM
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MaTH716 MaTH716 is offline
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Originally Posted by 10 pnt move up View Post
Its coming...we had this discussion earlier where people said it would never happen.

The states are running out of money yet still are increasing their spending so here is easy money for the states....

they are legalizing drugs now, why would anyone care about betting on sports?

also I saw Adam Silver basically embracing sports betting as helpful to the NBA, he would not say that without some inkling as to what is going to happen.
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Old 09-09-2014, 09:30 AM
freddymo freddymo is offline
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Originally Posted by 10 pnt move up View Post
Its coming...we had this discussion earlier where people said it would never happen.

The states are running out of money yet still are increasing their spending so here is easy money for the states....

they are legalizing drugs now, why would anyone care about betting on sports?

also I saw Adam Silver basically embracing sports betting as helpful to the NBA, he would not say that without some inkling as to what is going to happen.
Apparently on 10/6 there is a court date which will of course be postponed and delayed as those interests ice the puck.

Hope I am wrong and yes everyone including me wants to see it come to fruition but Delaware was done this road years ago and we were all sure they would be booking bets..
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  #5  
Old 09-09-2014, 09:40 AM
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declansharbor declansharbor is offline
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Credit - the reason why illegal sportsbooks will never go out of business.

Why pay the Borgata $330 to win $300 when you can keep the money in your wallet and bet it with Bruno the Bookie?

It will be successful, and am looking forward to my next trip to AC to see what platform they'll have.
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Old 09-09-2014, 09:59 AM
freddymo freddymo is offline
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PER Mr Drazen on Steve's Informative show that I listen to daily. The court is scheduled to convene on the issue 10/6. I remain hopeful yet dubious is that date is remotely close to the start of betting at MP
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  #7  
Old 09-09-2014, 09:59 AM
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Originally Posted by declansharbor View Post
Credit - the reason why illegal sportsbooks will never go out of business.

Why pay the Borgata $330 to win $300 when you can keep the money in your wallet and bet it with Bruno the Bookie?

It will be successful, and am looking forward to my next trip to AC to see what platform they'll have.
Exactly, but you got to think that if NJ or the US government is going to go into the gambling business, that there are going to be wide scale crackdowns on the illegal competition.
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Old 10-22-2014, 08:03 AM
Alabama Stakes Alabama Stakes is offline
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Originally Posted by MaTH716 View Post
Exactly, but you got to think that if NJ or the US government is going to go into the gambling business, that there are going to be wide scale crackdowns on the illegal competition.
a piece of history...when simulcasting became the new game in town, it didn't take long for the feds to shut down all the hoss bookies, because they were competition. They didn't arrest everybody, just told them all that they had a good run, but that run had ended, and they couldn't take action anymore. The bookies didn't like it, but had no choice. Don't forget, that payphones weren't even allowed to be used during racing at the track.\

95 % percent of locals have sights in costa rica. they pay $20 a head per client. settle up day is still the same. you can post funds, or bet on credit. They don't have to sit there answering phones or do anything. for the bettor it is the ultimate convenience...huge paying ML parlays, 2nd half lines instantly, cross sports betting. They give you the opportunity for value, like in the hosses.
just a quick example...monday night, woke up after the Steelers game started, there was one hockey game, so i take a small parlay on edmonton
+150, under 5 1/2 goals +105, and the Giants with Bumgarner on tuesday. laying only $88 to win $739. it seems more like betting hosses that way. Bet a little, win a lot. with the advent of money lines on almost every college game within reason, and every pro game, including 1st half lines, they have made it betor friendly. unlike hossracing where thet take 25% and 5% right off the top of big scores.

for thursday and sunday...the bears +220, san diego +7 1/2, baltimore +1...$78 to win $852.

its like spending $72 in the pick 4 for half a buck and it paying $3400 for a deuce
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  #9  
Old 10-22-2014, 03:43 PM
freddymo freddymo is offline
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Here is a really good synopsis on the matter:

http://sports-law.blogspot.com/2014/...r-against.html

Its embarrassing people in US have to feel like criminals betting offshore or with a book. How great would it be to have sports books at Tracks and why does anyone care to stop it?
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  #10  
Old 11-22-2014, 09:06 AM
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Is this confirmed?

Quote:
Judge Shipp didn't want to be the one who granted this..... because his brother is in the NFL's coaching apprentice program, where he is looking to be a paid assistant program. Bill Walsh started this, Judge Shipp's brother played in the NFL for 3 yrs or so, and now is seeking employment as an assistant coach somewhere. There would have been a conflict of interest had the judge granted this for the state of NJ. ( his brother would definitely NOT get a job, had he approved this)
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  #11  
Old 09-09-2014, 10:05 AM
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3kings 3kings is offline
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Originally Posted by declansharbor View Post
Credit - the reason why illegal sportsbooks will never go out of business.

Why pay the Borgata $330 to win $300 when you can keep the money in your wallet and bet it with Bruno the Bookie?

It will be successful, and am looking forward to my next trip to AC to see what platform they'll have.
You are right about the credit but a lot of people would prefer to bet legally. By this I mean many working adults don't have time to go meet "the man" every week or two. I stopped betting on sports because it was to much of an inconvenience to be more than an occasional player.
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  #12  
Old 09-09-2014, 10:28 AM
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declansharbor declansharbor is offline
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Originally Posted by MaTH716 View Post
Exactly, but you got to think that if NJ or the US government is going to go into the gambling business, that there are going to be wide scale crackdowns on the illegal competition.
Without a doubt. If Rick Tocchet still had his gambling ring going, he'd definitely be feeling the pinch. Good point.

Quote:
Originally Posted by 3kings View Post
You are right about the credit but a lot of people would prefer to bet legally. By this I mean many working adults don't have time to go meet "the man" every week or two. I stopped betting on sports because it was to much of an inconvenience to be more than an occasional player.
My bookie has one of those virtual casino sites and just gives out different accounts. Scary proposition for the impulse gambler, as you can bet on just about anything. He lives in Drexel Hill which is about 40 minutes from my home, so we've set it up so that whoever is UP for the two week period has to meet the other person at a location convenient to them. Has been working out smoothly so far, and I'm loving the fact that I'm the one making most of the trips. .........but we all know how easily that can change.
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  #13  
Old 09-09-2014, 10:30 AM
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joeydb joeydb is offline
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Quote:
Originally Posted by declansharbor View Post
Credit - the reason why illegal sportsbooks will never go out of business.

Why pay the Borgata $330 to win $300 when you can keep the money in your wallet and bet it with Bruno the Bookie?

It will be successful, and am looking forward to my next trip to AC to see what platform they'll have.
Because if I pay Borgata and lose, nobody is coming to break my arm.

Anything that helps the tracks and the sport I am in favor of.

But, I do not understand why anyone would risk $330 to win $300 anyway. Talk about a permanent "chalk" situation. Less than even money in 3 hours, if you win. Yay.
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  #14  
Old 09-09-2014, 10:37 AM
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declansharbor declansharbor is offline
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Because if I pay Borgata and lose, nobody is coming to break my arm.

Anything that helps the tracks and the sport I am in favor of.

But, I do not understand why anyone would risk $330 to win $300 anyway. Talk about a permanent "chalk" situation. Less than even money in 3 hours, if you win. Yay.
Bookies only break arms as a last resort. Don't make the wager if you don't have the coin to pay the man. That simple.

A lot of young kids that don't get paid until friday are dead broke on thursday night. How are they to make the bet on Thursday Night Football? That's where Bruno the Bookie comes into play.
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  #15  
Old 09-09-2014, 01:09 PM
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joeydb joeydb is offline
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Quote:
Originally Posted by declansharbor View Post
Bookies only break arms as a last resort. Don't make the wager if you don't have the coin to pay the man. That simple.

A lot of young kids that don't get paid until friday are dead broke on thursday night. How are they to make the bet on Thursday Night Football? That's where Bruno the Bookie comes into play.
OK, but if you skip just one week, you'll always have the money to make bets for the rest of the season, as long as you keep working...
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  #16  
Old 09-09-2014, 10:43 AM
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jms62 jms62 is offline
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Quote:
Originally Posted by joeydb View Post
Because if I pay Borgata and lose, nobody is coming to break my arm.

Anything that helps the tracks and the sport I am in favor of.

But, I do not understand why anyone would risk $330 to win $300 anyway. Talk about a permanent "chalk" situation. Less than even money in 3 hours, if you win. Yay.
You obviously never bet football but I agree with you. Really hard to profit when you need to win 55% of the time to break even
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  #17  
Old 09-10-2014, 09:34 AM
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You obviously never bet football but I agree with you. Really hard to profit when you need to win 55% of the time to break even
Thats why I tend to bet the money lines and look for overlays.

Understanding how the lines work go a long ways, people think because a team is favored it means that Vegas thinks that team is going to win, which in a lot of ways it does but the goal of every line would be to have 50/50 money distribution between the teams, sharp players may say the game is a pick em yet one team could be -2 on the board because money has been come coming in on one team. This is obvious stuff I know but may not be to everyone.
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Old 09-10-2014, 10:00 AM
blackthroatedwind blackthroatedwind is offline
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You obviously never bet football but I agree with you. Really hard to profit when you need to win 55% of the time to break even
It's around 52.7%.
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Old 06-06-2018, 10:02 PM
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Borgata Building Atlantic City’s First Sportsbook, William Hill Expanding Monmouth Park Facility

https://www.casino.org/news/borgata-...hill-expanding

https://www.theborgata.com/casino/games/racebook
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Old 06-11-2018, 04:56 PM
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OFFICIAL IN NJ! https://sportshandle.com/murphy-make...in-new-jersey/
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