|Are betting exchanges legal in vegas. ?
Posted: 7/1/2012 1:56:23 AM
Lets says ..... Joe bet a Sunday football game as soon as the line is released. .... (Lets say 6 days before the game)
Joe takes The Bills -3 for $500. (lets say)
The spread jumps to -4.5 by game time.
Is Joe legally allowed to sell his ticket for a premium before the contest even starts?
If so where?
Also, how much is a 1/2 point worth on a $500 dollar bet?
Thanks for any insight..