https://www.yahoo.com/finance/news/...zing-sports-betting-in-america-233042134.html
What could this mean for Pool!
What could this mean for Pool!
What does repeal of this law do for Pool? Sports Betting!
- Thread starter 336Robin
- Start date
Sports betting is like marijuana, anyone who wants to do it is already doing it and there's not much there can be done it stop it so the gov might at as well stop spending money to fight it and just embrace it and tax it /endrunonsentence
I can't answer your question but can provide some background on how it might work out...
You first said it was a repeal. It isn't. It is new legislation, not simply repeal of old.
If it was simply repeal of previous force-backed restrictions, no one could possibly know the whole outcome of it, as folks would just do what they do and then we'd discover this outcome as it develops. That's why the coercive control freaks rarely if ever repeal anything they want total control of.
But this is another attempt to control the outcome via legislation and have us all living as commanded.
Legalization to be able to do ______ sounds like more freedom, but when the man simply is taking over another business/industry, it is really reducing freedom long-term. Just like NAFTA was sold as bringing more trade (an essential thing to survive) it was more CONTROLLED trade, an unnecessary and costly thing that benefits a few of the elite at the expense of the poor and mislead.
It's the same ol' scam repeated. Maybe it will work this time?
Jeff Livingston
It means fewer dollars in the hands of people who might want to play pool.
I dont see that
I dont see that. If I want to play pool then I play it. I guess if I'm a compulsive gambler then I might lose my money and then be unable to play. Perhaps that way. It is a choice.
I dont see that. If I want to play pool then I play it. I guess if I'm a compulsive gambler then I might lose my money and then be unable to play. Perhaps that way. It is a choice.
It means absolutely nothing for pool.
Two players playing for cash - anywhere in the USA - is legal today, and always has been.
The gambling laws that you are referring to address the organized betting of a sport where it is controlled by a "house" who is taking a cut of the action.
Good rolls, and you got the 8 if you want it...
Possibly people in Vegas if not handled properly.
I believe that gambling money can be made on pool. Those who control the books will want pool more organized and bigger.
That was my thoughts
That was what I thought. Big names, Big Matchups, for decent prizes, odds given by the house, bets made, locked in.....Action
I think it helps Pool
That was what I thought. Big names, Big Matchups, for decent prizes, odds given by the house, bets made, locked in.....Action
I think it helps Pool
It would help pool, the same way that it has made the NFL and NBA grow to incredible heights.
Only one problem -- people have to know what pool is and who pool players are before they will place a bet on a match.
It's a great two way winning street for Vegas and the football and basketball teams, but it is all made possible by the television coverage that creates the awareness and interest.
I wish there was a market.
Before any big handles happen in the world of pool there would first have to be interest and exposure created by a promoter who really had his act together.
#1 The thing is there are so few 'true' professionals and rigidly sanctioned events that the potential for informed bets at volume is limited.
#2 The top players lose short races to nobodies all the time in the early stages of a tournament and go over to the B side and I doubt any house would have enough people betting on early rounds of a tournament to be willing to accept big bets on these. One person could bet big money on SVB losing in a race to 5 day one of a tournament and if they offered odds according to the Fargo ratings, a bookmaker could lose his ass if only a few bets were placed for the early tournament. They need a high volume of bets spread across outcomes for statistics to cover sudden big losses on an unexpected outcome.
#3 I don't know about you but if I were going to bet any amount of money that had a worthwhile payoff on an open tournament, I'd have more fun paying the registration fee and play for myself because...
#4 Top players make a pitiful amount for prevailing through grueling 4-day tournaments, and the bigshots would certainly have far more to gain by betting against themselves and intentionally hanging a 9 in the pocket... So I think you'd see a lot of mid-level competitors mysteriously winning against the elites in the final rounds. (see: Stephen Lee, in snooker, where the prize money actually is enough that people shouldn't be throwing matches)
#5 Which will cause the game to devolve as people get suspended for investigation because of misses, bad rolls, or a risky shot, making sure they weren't fixing their own matches....
Pool needs more prize money and competition to be conducted at a higher standard, with more visibility. There needs to be a massive campaign for it to be included in the Tokyo Olympics.
#2 The top players lose short races to nobodies all the time in the early stages of a tournament and go over to the B side and I doubt any house would have enough people betting on early rounds of a tournament to be willing to accept big bets on these. One person could bet big money on SVB losing in a race to 5 day one of a tournament and if they offered odds according to the Fargo ratings, a bookmaker could lose his ass if only a few bets were placed for the early tournament. They need a high volume of bets spread across outcomes for statistics to cover sudden big losses on an unexpected outcome.
#3 I don't know about you but if I were going to bet any amount of money that had a worthwhile payoff on an open tournament, I'd have more fun paying the registration fee and play for myself because...
#4 Top players make a pitiful amount for prevailing through grueling 4-day tournaments, and the bigshots would certainly have far more to gain by betting against themselves and intentionally hanging a 9 in the pocket... So I think you'd see a lot of mid-level competitors mysteriously winning against the elites in the final rounds. (see: Stephen Lee, in snooker, where the prize money actually is enough that people shouldn't be throwing matches)
#5 Which will cause the game to devolve as people get suspended for investigation because of misses, bad rolls, or a risky shot, making sure they weren't fixing their own matches....
Pool needs more prize money and competition to be conducted at a higher standard, with more visibility. There needs to be a massive campaign for it to be included in the Tokyo Olympics.
Gorramjayne, have you ever watched the White Diamond tourney or any other that has a Calcutta? This will show you the huge potential pool has with gambling. I don't gamble but don't have issue with it either as long as it's done respectfully.
Baseball and other sports have went through several betting scandals and have survived. Sanctions have to be harsh for violators. I'm a Pete Rose fan and loath the punishment but I understand why.
Pools format needs to change. These big tourneys will not be the norm. Who has time to watch this stuff?
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Baseball and other sports have went through several betting scandals and have survived. Sanctions have to be harsh for violators. I'm a Pete Rose fan and loath the punishment but I understand why.
Pools format needs to change. These big tourneys will not be the norm. Who has time to watch this stuff?
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I feel if you are betting on some thing that you have no direct control in the outcome, you are playing a game of chance. That should in some way be regulated.
If you are betting on something that you can influence the outcome based on your participation, then you should be free to do it, provided you are not betting against yourself.
If you are betting on something that you can influence the outcome based on your participation, then you should be free to do it, provided you are not betting against yourself.
State involvement
You can bet the State will be involved. They want the tax money. The casinos want the income so they will jump through the necessary hoops and the players want any form of pool playing employment they can find.
It puts money in pool if people know the players.
You can bet the State will be involved. They want the tax money. The casinos want the income so they will jump through the necessary hoops and the players want any form of pool playing employment they can find.
It puts money in pool if people know the players.
There are some cities, states that do not allow side betting. There are some cities, states that do not allow raffles. There are some cities, states that do not allow break & run pots. There are some cities, states that do not allow calcuttas.
When you add calcuttas into the equation it can be a determining factor as to whether or not traveling a long distance to a tournament is worth the investment. Calcuttas are always a benefit to the players and the entire sport but at the moment they are not allowed in certain places which results in a much smaller payout when you win.
When you add calcuttas into the equation it can be a determining factor as to whether or not traveling a long distance to a tournament is worth the investment. Calcuttas are always a benefit to the players and the entire sport but at the moment they are not allowed in certain places which results in a much smaller payout when you win.
If every tournament in the U.S. was legally allowed to have a calcutta and a break and run pot in addition to added money to a tournament, the entire sport would have a much larger following as well as more participants and better payouts every single week around the country.
Incidently most states do allow 1v1 gambling on your own personal skill.
Legalized gambling for pool can mean lots of things. It probably wouldn't change much for your local poolroom though. As stated, calcuttas and gambling already exist and I doubt any changes in the law would have any impact.
That said, the pro events could definitely see a change. Betting on major events already happens in Europe and the recent introduction of FargoRatings actually put the necessary structure in place to bring gambling to the next level. The only problem I foresee is making sure the professionals are appropriately compensated. It doesn't take a rocket scientist to know that the only way to make sure gambling doesn't taint the outcome is to make winning better than losing.
That said, the pro events could definitely see a change. Betting on major events already happens in Europe and the recent introduction of FargoRatings actually put the necessary structure in place to bring gambling to the next level. The only problem I foresee is making sure the professionals are appropriately compensated. It doesn't take a rocket scientist to know that the only way to make sure gambling doesn't taint the outcome is to make winning better than losing.