Getting casino betting back and new sponsorships

P

patmoran

Registered
I am going to the Arizona Open in August and was thinking how cool it would be to make a variety of different bets and make the experience more enjoyable. If Matchroom approached the casino and convinced them the dumping scandal in 1991 would not happen again it’s an opportunity to gradually rebuild trust and credibility in the game to where the betting sites will come in as sponsors with more viewers tuned.
in.
With strict penalties, added sponsor revenue and spotting irregular betting patterns like they do a player would have to be really stupid to dump a match.
The casinos still take bets on UFC fights even after some fixed matches so why not give pool a chance?
 
patmoran said:
I am going to the Arizona Open in August and was thinking how cool it would be to make a variety of different bets and make the experience more enjoyable. If Matchroom approached the casino and convinced them the dumping scandal in 1991 would not happen again it’s an opportunity to gradually rebuild trust and credibility in the game to where the betting sites will come in as sponsors with more viewers tuned.
in.
With strict penalties, added sponsor revenue and spotting irregular betting patterns like they do a player would have to be really stupid to dump a match.
The casinos still take bets on UFC fights even after some fixed matches so why not give pool a chance?
Click to expand...
I wonder if the state Gaming Commission would need to be involved.

I doubt that Matchroom would want to open that particular can of worms. They have had at least one previous case of pool players not behaving well relative to the bookies.
 
it is too easy to dump in pool or just affect the outcome for a big bet. so no sane casino will ever allow large bets of any kind on pool or any sporting event that has this built in.

even the bookies had been real careful over the years in boxing matches and got punished many times except on the biggest of the best fights.

its a fact one on one competitions are not good betting platforms for any one at all.
 
  • Like
Reactions: bbb
the casino that lost the money cared. but all was forgotten as time went by as it wasnt enough to worry about. but enough to not let betting on pool.
 
To create a handle that would be worth the effort, the casinos would have to offer games on the wire (a point spread, in effect) and an over/under on total games in a match. They could even offer micro betting on who will win the lag, who will win the first rack, who will commit the first foul, whether a player will three-foul, etc.

Imagine how easy it would be for players to have surrogates place bets for which the outcome could easily be controlled by the players, and that could allow them to make more money than the tournament winner.

If I ran a casino, there would be no chance.

I mean, I know that players are always on the up-and-up and never conspire via text messages to fix the outcome of a match, or anything like that... but I would still take a pass.
 
iusedtoberich said:
The casinos today know ZERO about Lebron and Buddy in 1991! ZERO!

I doubt they even knew or cared in 1991.
Click to expand...
Your memory is failing you. Yes, they knew and cared. Despite the fact that the loss taken was relatively small, the word spread in Las Vegas that pool action was not on the level, and it ensured that no Vegas sportsbook would make book on pro pool.

The historical context was that the Mirage Hotel was new and was trying to make book on as many sports as possible. They were trying to compete with next door neighbor Caesar's Palace. In many cases, they wanted to be the site of the betting event. The biggest shot they took was in boxing, and they hosted a few heavyweight title fights. Some of the lesser sports, and pool was one of them, were given a shot to join the betting mainstream.

The Mirage hosted the Challenge of Champions and made book on it for as long as the event took place there, but once the contract was up (1994 I think), to nobody's surprise, it was not renewed and the event moved to Connecticut.

It's quite possible, as you suggest, that nobody remembers what happened in 1991. It was an opportunity missed, and perhaps it is possible to start from scratch today. Perhaps the scars have healed by now .... or not.
 
sjm said:
... Perhaps the scars have healed by now .... or not.
Click to expand...
It may be that the story was retold in places we can't imagine. I have been told that the PBTA/Camel relationship -- ended in an $800,000 damages award to the PBTA -- was used in business schools as an example of how not to have a sponsor relationship.
 
sjm said:
Your memory is failing you. Yes, they knew and cared. Despite the fact that the loss taken was relatively small, the word spread in Las Vegas that pool action was not on the level, and it ensured that no Vegas sportsbook would make book on pro pool.

The historical context was that the Mirage Hotel was new and was trying to make book on as many sports as possible. They were trying to compete with next door neighbor Caesar's Palace. In many cases, they wanted to be the site of the betting event. The biggest shot they took was in boxing, and they hosted a few heavyweight title fights. Some of the lesser sports, and pool was one of them, were given a shot to join the betting mainstream.

The Mirage hosted the Challenge of Champions and made book on it for as long as the event took place there, but once the contract was up (1994 I think), to nobody's surprise, it was not renewed and the event moved to Connecticut.

It's quite possible, as you suggest, that nobody remembers what happened in 1991. It was an opportunity missed, and perhaps it is possible to start from scratch today. Perhaps the scars have healed by now .... or not.
Click to expand...
Has anyone here not seen The Color Of Money?🫢
 
If the amount you could bet had a limit and the type of bets you could make were difficult to conspire against it could enhance the spectator experience while not worth the money or time to a pool player to cheat. The cheating scandals in baseball and NBA were on some stupid prop bets, like having a line on the first pitch of the game being a ball or strike. Pitcher tips off his friends to bet it will be a ball. It worked a few times until a batter hit the bouncing pitch. Karma lol.
 
You must log in or register to reply here.
Back
Top