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    All Forums | General Discussion

    $380 billion

    steveshane67
    KktdocT
    SirJohnDrake
    CMo256
    smdio
    ...
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    Posts: 11
     
    steveshane67
    steveshane67
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    Posted: Oct. 21, 2010 - 11:50 PM ET #1

    is bet illegally on sports in the us a year

    from espns ombudsman

    In 2009, according to the American Gaming Association, $2.6 billion was legally wagered on sports in Nevada. It's estimated that $380 billion per year is illegally bet in this country -- with more than $1 billion wagered on the Super Bowl alone. In 2006, Congress passed a law making it illegal for offshore websites to collect money from gamblers in the United States. But that only eliminated the faint of heart. While the number of foreign sites dropped by roughly 50 percent, the overall handle diminished only minimally.


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    To remove first post, remove entire topic.
    is bet illegally on sports in the us a year

    from espns ombudsman

    In 2009, according to the American Gaming Association, $2.6 billion was legally wagered on sports in Nevada. It's estimated that $380 billion per year is illegally bet in this country -- with more than $1 billion wagered on the Super Bowl alone. In 2006, Congress passed a law making it illegal for offshore websites to collect money from gamblers in the United States. But that only eliminated the faint of heart. While the number of foreign sites dropped by roughly 50 percent, the overall handle diminished only minimally.


     
    KktdocT
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    Posted: Oct. 21, 2010 - 11:54 PM ET #2

    Open up a newspaper and you'll see betting lines in the Sports section.  If it's legal to post lines, why is it illegal to gamble?  Same thing as:  it's okay to get a hooker, but illegal to prostitute. 
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    Open up a newspaper and you'll see betting lines in the Sports section.  If it's legal to post lines, why is it illegal to gamble?  Same thing as:  it's okay to get a hooker, but illegal to prostitute. 
     
    SirJohnDrake
    SirJohnDrake
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    Posted: Oct. 22, 2010 - 12:52 AM ET #3

    Quote Originally Posted by KktdocT:

    Open up a newspaper and you'll see betting lines in the Sports section.  If it's legal to post lines, why is it illegal to gamble?  Same thing as:  it's okay to get a hooker, but illegal to prostitute. 

    Your arguments are very weak. Gambling is legal in certain places but on-line gambling is not... period.

    Also it is not okay to get a hooker...that is illegal and so is prostitution but in some counties in Nevada, USA prostitution is legal.

    You believe gambling should be legalized on-line well go to the authorities to push for it until then just obey and respect the LAW...ok?

     

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    Quote Originally Posted by KktdocT:

    Open up a newspaper and you'll see betting lines in the Sports section.  If it's legal to post lines, why is it illegal to gamble?  Same thing as:  it's okay to get a hooker, but illegal to prostitute. 

    Your arguments are very weak. Gambling is legal in certain places but on-line gambling is not... period.

    Also it is not okay to get a hooker...that is illegal and so is prostitution but in some counties in Nevada, USA prostitution is legal.

    You believe gambling should be legalized on-line well go to the authorities to push for it until then just obey and respect the LAW...ok?

     

     
    CMo256
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    Posted: Oct. 22, 2010 - 1:16 AM ET #4

    "You believe gambling should be legalized on-line well go to the authorities to push for it until then just obey and respect the LAW...ok?"

    Because democracy works so well, aye?
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    "You believe gambling should be legalized on-line well go to the authorities to push for it until then just obey and respect the LAW...ok?"

    Because democracy works so well, aye?
     
    smdio
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    Posted: Oct. 22, 2010 - 8:04 AM ET #5

    The Wire-act only makes it illegal to ACCEPT a bet, not to actually PLACE a bet.  There has been no one prosecuted on the federal level since 1981 for gambling, and even that guy only got a $500 fine and no jail time.

    If you report your winnings and/or losses to the IRS, that's all they care about.  I'd love if you can prove me wrong though..

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    The Wire-act only makes it illegal to ACCEPT a bet, not to actually PLACE a bet.  There has been no one prosecuted on the federal level since 1981 for gambling, and even that guy only got a $500 fine and no jail time.

    If you report your winnings and/or losses to the IRS, that's all they care about.  I'd love if you can prove me wrong though..

     
    StraightShooter
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    Posted: Oct. 22, 2010 - 11:37 AM ET #6

    Its amazing how stupid our government is. They would make tens of billions of dollars every year if they would legalize sports betting and marijuana and then tax it. But no. Obama and friends would rather tax us more.

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    Its amazing how stupid our government is. They would make tens of billions of dollars every year if they would legalize sports betting and marijuana and then tax it. But no. Obama and friends would rather tax us more.

     
    PokinSmot
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    Posted: Oct. 22, 2010 - 1:46 PM ET #7

    Quote Originally Posted by StraightShooter:

    Its amazing how stupid our government is. They would make tens of billions of dollars every year if they would legalize sports betting and marijuana and then tax it. But no. Obama and friends would rather tax us more.

    If you look closely...OBAMA lowered your taxes

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    Quote Originally Posted by StraightShooter:

    Its amazing how stupid our government is. They would make tens of billions of dollars every year if they would legalize sports betting and marijuana and then tax it. But no. Obama and friends would rather tax us more.

    If you look closely...OBAMA lowered your taxes

     
    StraightShooter
    StraightShooter
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    Posted: Oct. 22, 2010 - 2:12 PM ET #8

    Quote Originally Posted by PokinSmot:

    If you look closely...OBAMA lowered your taxes

    Yeah and he also cured cancer and created world peace.

    Thanks for the laugh.

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    Quote Originally Posted by PokinSmot:

    If you look closely...OBAMA lowered your taxes

    Yeah and he also cured cancer and created world peace.

    Thanks for the laugh.

     
    smdio
    smdio
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    Posted: Oct. 22, 2010 - 7:51 PM ET #9

    It appears we still don't have an accurate answer to this question, so I'm giving the thread a bump

    Can anyone who is 'in the know' on the legality of gambling interject and either confirm or deny my above post?

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    It appears we still don't have an accurate answer to this question, so I'm giving the thread a bump

    Can anyone who is 'in the know' on the legality of gambling interject and either confirm or deny my above post?

     
    dperr
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    Posted: Oct. 22, 2010 - 7:57 PM ET #10

    Quote Originally Posted by smdio:

    It appears we still don't have an accurate answer to this question, so I'm giving the thread a bump

    Can anyone who is 'in the know' on the legality of gambling interject and either confirm or deny my above post?


    As far as I know you are correct.  It is not a crime to place a bet but it is a crime to receive a bet.
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    Quote Originally Posted by smdio:

    It appears we still don't have an accurate answer to this question, so I'm giving the thread a bump

    Can anyone who is 'in the know' on the legality of gambling interject and either confirm or deny my above post?


    As far as I know you are correct.  It is not a crime to place a bet but it is a crime to receive a bet.
     
     
    harchibald
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    Posted: Oct. 23, 2010 - 2:35 PM ET #11

    interesting!!!!!!!!!!!!!!!!!!!!!!!
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    interesting!!!!!!!!!!!!!!!!!!!!!!!
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