Sports Betting Ban is Over

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BREAKING: U.S. Supreme Court rules that federal ban on state-sanctioned sports betting is unconstitutional. Decides case in favor of New Jersey. Floodgates now officially open for other states to allow sports betting.

Congrats to all Americans who will benefit from it!
 
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Bye bye Tony at 5Dimes !
 
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Quote Originally Posted by themaceo:

Bye bye Tony at 5Dimes !
Not so fast. Sports betting at horse tracks and casino's in jersey only........., for now
 
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Quote Originally Posted by suuma:

BREAKING: U.S. Supreme Court rules that federal ban on state-sanctioned sports betting is unconstitutional. Decides case in favor of New Jersey. Floodgates now officially open for other states to allow sports betting.

Congrats to all Americans who will benefit from it!

PASPA was also known as The Bradley Bill. The irony in all this is that New Jersey led the fight against PASPA. Bill Bradley sponsored PASPA in 1992, he was a senator from New Jersey.
 
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Quote Originally Posted by themaceo:

Bye bye Tony at 5Dimes !


couldnt happen to a nicer richard
 
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Quote Originally Posted by tapupartforpres:

Question.  Can anyone give advice for a USA resident to start a sports book website?  NFL, NBA, etc.  I know the law has not been enacted in my state yet, but can't hurt to get a jump on things.  Thoughts?


YOU cannot open your own website you will be incarcerated

maybe go legal get license open a shop print out tickets get employees

be very careful when fugging with state law

I booked games way back in 70's after working for big local

scary times many weeks


 
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Quote Originally Posted by themaceo:

Bye bye Tony at 5Dimes !
Who is Tony from 5 dimes?
 
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Down side is it’ll take around 5 years to get it legalize...but regardless...

USA! USA! USA!
 
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Quote Originally Posted by Goggles-Pisano:

Not so fast. Sports betting at horse tracks and casino's in jersey only........., for now

It actually might be Delaware opening prior to NJ. Both have been preparing but since Delaware has the Parlay tickets their a little ahead of NJ. I read an article today saying they might be open for the NBA Finals, I wouldn’t doubt it.
 
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Delware will not have any nba betting atm. they are ready for nfl this season though. 
 
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Jersey will be ready within two weeks.William hill has been prepping for 2 years there.Might even take hand written bets sooner from high rollers.

 
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West Virginia Gov. Jim Justice owns Greenbrier Casino so look for WV to start up quickly as well. 
 
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Quote Originally Posted by themaceo:

West Virginia Gov. Jim Justice owns Greenbrier Casino so look for WV to start up quickly as well. 


that's how it works.  if the governor or other politicians have their hands in the sports betting money bag, the state should be getting sports betting asap.  if not, then sports betting is immoral and we can't have that kind of thing in our state.
 
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The cuomo crime family will get this going quickly ....Theyre sick of losing money to NJ .... People i talked to at Batavia Downs expect this to be up and running by NFL WEEK 1 
 
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Hooray!  I hope things get moving in California.
 
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iposted in General the 20 states that are ready to go right now

TO kevmode Tony is head boos at 5 dimes and never loses an argument

with any bettors




 
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@Summa what amriacns forget this is two fold win we all benefit in that millions of new jobs are created

all casinos and race tracks need more helo ticket cashiers , tech supoort sports book managers odds makers waiters waitresses cooks bathrom attendants plus not only the casinos all the new betting parlors that will open up

like in large cities chi la phila dallas etc...

more tax dollars back into system we get evry thing now helath care better education systems lower gas prices etc. etc...

wtf if $150 billion was bet ill
egally every year we get maybe 100$ Billon back


offshores will get murdered due to the scammy opertion now

lolcls will still operate but you aint able to get money lines on every NFL game or NBA Game with them

and none are safe they can take off after a huge hit any time


 
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Potential downside:

Will photo ID's and/or filling out form(s) be required to cash large winning tickets?

The taxman cometh and taketh.
 
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Quote Originally Posted by DogbiteWilliams:

Potential downside:

Will photo ID's and/or filling out form(s) be required to cash large winning tickets?

The taxman cometh and taketh.

That is precisely the RUB on this...never had to report a big win from an offshore or local but you can be sure that Uncle Sam will figure a way to take a bite from here on out.

 


 
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Quote Originally Posted by DogbiteWilliams:

Potential downside:

Will photo ID's and/or filling out form(s) be required to cash large winning tickets?

The taxman cometh and taketh.

Bingo... if we are taxed on wins and don't receive any tax breaks for losses, then how will the gamblers actually make money?? sounds a lot like video poker bro... 
 
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Quote Originally Posted by S_A_I_N_T_S:


Bingo... if we are taxed on wins and don't receive any tax breaks for losses, then how will the gamblers actually make money?? sounds a lot like video poker bro... 

Amen
If you will not get tax/rebates fairly.....winning tickets vs losing tickets the big players will cont. offshore or local. They will attract a lot of rec. bettors though.
Lots more work for the IRS too.
These pol. in wash. think we are stupid.....well a lot of rec. bettors are but not the rest of us....i am up in canada..... i am so lucky to play at the golden grail for high rollers...PINNACLE...so no dif. to me...even if they open up Ind. betting games across the street from me up here..... i would still bet at PINNY......interesting to see each states limits on games and will they run their state like LV and almost all offshore sportsbooks....aka if someone starts winning con. they boot them or limit them...the F.ING cowards.
 
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to all above you offset your taxes on wins by writing off all loses up to the amount you won .

ok one week you got lucky hit a ten teamers for $100 win thousands but rest of year mostly losses $1100 per week or you lost that win back in casino playing whatever and get documented what you bought in for on any table games.

I been doing this every year save every losing lotttery ticket i find on the streets and in stores like i easily can write off $50,000 every year thats how easy it is ...

Dont be a dummy gambler


 
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Quote Originally Posted by HungerforMoney:

Delware will not have any nba betting atm. they are ready for nfl this season though. 

Looks like Delaware may be the first to open. 

Delaware might have pulled in front of New Jersey in the race to become the first to take advantage of the recent Supreme Court ruling and offer full-scale, legal sports betting. 
Delaware also is targeting the first week of June. The state has offered parlays wagers on the NFL through its lottery since 2009. Roughly $46 million was bet on the NFL through the lottery in 2017. Experts believe that amount will be dwarfed by a full-blown sports betting product.
 
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Quote Originally Posted by DogbiteWilliams:

Potential downside:

Will photo ID's and/or filling out form(s) be required to cash large winning tickets?

The taxman cometh and taketh.

When I lived in Europe only the bookie would get taxed extra. The bookie then adjusted the odds to make up for this. 
 
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Quote Originally Posted by DoubleUp4Life:

The cuomo crime family will get this going quickly ....Theyre sick of losing money to NJ .... People i talked to at Batavia Downs expect this to be up and running by NFL WEEK 1 

Yep..you think Del Lago will be ready by Week 1
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