Vegas Taking Bets on pool

[Johnnyt]

When we all put our two cents in why pool never went anywhere no one ever mentions the one time, and last time Vegas had a betting line and took bets on match-ups in a tournament. Two players played on TV and it looked like business was being done. It must have looked that way too Vegas also because they never took bets on pool again.

Can you imagine how big pool would be today if people could bet on pool? To me this was one of the biggest things that stopped pool from going big time. Johnnyt

 

[JB Cases]

Nobody ever "does business" in boxing, horse racing, basketball, football, baseball. Do they? Of course they do and Vegas still takes bets on those sports.

Who will ever know if there was any collusion in the Hall/Lebron match? I suspect however that the "action" in pool is just too small for Vegas to care about. I am sure for the most part they prefer sports that have so much action they are making money no matter what is going on. By that I mean that someone might fix a baseball game but there will still be millions who bet the wrong way because they have no idea that the fix is in.

You can bet on pool now though - some European tournaments have betting and StanJames takes bets on the World Championships.

And of course there is the action on AZ - SouthPaw takes all bets

I don't know that Vegas booking pool matches would have made pool big. I think that too many non-pool players have the idea of hustlers and dumping in their mind when they connect pool and gambling.

Possibly if there were really some kind of parimutuel way to bet on the outcome of pool tournaments then it might work. I think Grady did this a few years ago at DCC and it seemed to work well.

Who knows? Although it would be cool to walk into a casino and see pool on the giant screen with a bunch of gambling addicts sweating the match.

 

[ironman]

When we all put our two cents in why pool never went anywhere no one ever mentions the one time, and last time Vegas had a betting line and took bets on match-ups in a tournament. Two players played on TV and it looked like business was being done. It must have looked that way too Vegas also because they never took bets on pool again.

Can you imagine how big pool would be today if people could bet on pool? To me this was one of the biggest things that stopped pool from going big time. Johnnyt

That match has been swept under the carpet for a long time and for good reason. Things were quite tense for a whole.

 

[Johnnyt]

Nobody ever "does business" in boxing, horse racing, basketball, football, baseball. Do they? Of course they do and Vegas still takes bets on those sports.

Who will ever know if there was any collusion in the Hall/Lebron match? I suspect however that the "action" in pool is just too small for Vegas to care about. I am sure for the most part they prefer sports that have so much action they are making money no matter what is going on. By that I mean that someone might fix a baseball game but there will still be millions who bet the wrong way because they have no idea that the fix is in.

You can bet on pool now though - some European tournaments have betting and StanJames takes bets on the World Championships.

And of course there is the action on AZ - SouthPaw takes all bets

I don't know that Vegas booking pool matches would have made pool big. I think that too many non-pool players have the idea of hustlers and dumping in their mind when they connect pool and gambling.

Possibly if there were really some kind of parimutuel way to bet on the outcome of pool tournaments then it might work. I think Grady did this a few years ago at DCC and it seemed to work well.

Who knows? Although it would be cool to walk into a casino and see pool on the giant screen with a bunch of gambling addicts sweating the match.

I got to say your right here. I never thought about it that way. Hell boxing is worse than pool in fixing/dumping. Johnnyt

 

[Pushout]

Who will ever know if there was any collusion in the Hall/Lebron match?

Possibly if there were really some kind of parimutuel way to bet on the outcome of pool tournaments then it might work.

Good grief, I still cringe when I think about that match!! I'm sure that set the game back a few years.
Some years before I moved to South Carolina, a local guy came up with a parimutuel system for betting on the New York State 9 Ball Championship. You could bet in two dollar increments. I'm not sure how he came up with the odds and such. It wasn't a big hit with the hard core gamblers, but the average guys got quit a charge out of it. The guy moved to Florida the following year and we never did it again. Shame.
Oh, yeah, I won $40, can't even remember who I bet on

 

[memikey]

Nobody ever "does business" in boxing, horse racing, basketball, football, baseball. Do they? Of course they do and Vegas still takes bets on those sports.

Who will ever know if there was any collusion in the Hall/Lebron match? I suspect however that the "action" in pool is just too small for Vegas to care about. I am sure for the most part they prefer sports that have so much action they are making money no matter what is going on. By that I mean that someone might fix a baseball game but there will still be millions who bet the wrong way because they have no idea that the fix is in.

You can bet on pool now though - some European tournaments have betting and StanJames takes bets on the World Championships.

And of course there is the action on AZ - SouthPaw takes all bets

I don't know that Vegas booking pool matches would have made pool big. I think that too many non-pool players have the idea of hustlers and dumping in their mind when they connect pool and gambling.

Possibly if there were really some kind of parimutuel way to bet on the outcome of pool tournaments then it might work. I think Grady did this a few years ago at DCC and it seemed to work well.

Who knows? Although it would be cool to walk into a casino and see pool on the giant screen with a bunch of gambling addicts sweating the match.

As you rightly say there is betting on pool through online bookies, including Stan James, in certain European and World events. Unfortunately the USA Govt has decided that they have to play nanny to their citizens and deny them the right to choose where and when to gamble with their own money online, making it difficult for them to participate.

Stan James even used to sponsor a pool tour in Canada I believe, maybe they still do.

As I understand it the cold fact is that there simply isn't enough interest in pool from the public in Europe/Uk to enable the online bookies or the High Street betting shops to make a stable book with an adequate spread of money, therefore pool isn't an attractive proposition for them at the moment and one of the results of that is that there are still quite low upper limits on the bet stakes they will take. Whether there is a significant potential 'pool' of gambling money to be staked with bookies by US citizens, if they had the opportunity to bet on it, is anybody's guess but there is a lot more competition in sports betting now than there ever was before and punters are spoiled for choice on what to gamble on already.

Betting on pool within The Far East is quite another matter. A large proportion of Orientals will of course gamble heavily on two drops of rain running down a window so pool holds no fears for them if a bookmaking source is made available to them locally, which I believe it frequently is. I'm sure our Phillipines brethren could expand upon that if they wanted to as could the guys from Taiwan if they wished to.

As far as The Middle East goes all gambling is prohibited by law in many countries and all access to online betting sites are routinely blocked by the servers of the national telecommunications companies.

As regards a 'pari-mutuel' or 'tote' style book being run by anyone at a tournament it is really very simple to do as far as the mathematics are concerned. Provided you are satisfied it is legal in the state concerned and provided someone is willing to put the time and effort into doing it there should be no problem.

 

[D_Lewis]

StanJames was also taking bets on the Canadian 9 Ball Tour, some tournaments they would have odds on single matches from the first round. They have various tournaments posted on there.

Stan James was one of the sponsors of the tour, I am curious as to how their set their lines though. I wonder if the tournament director had some input on players abilities.

 

[memikey]

A prominent European Pro has in the past assisted them set their odds for World Championships.

 

[Roy Steffensen]

When I was promotor/organiser of the Norwegian 9-ball Challenge in 2006, we used www.bwin.com. They streamed 25 matches, and people could bet on them, but in this tournament, compared to the Eurotour's, people could also bet on the winner of the tournament.

Mika Immonen who won the tournament gave you 11 times the money back, if you wanted to bet on him

BWin were happy with working together with us, and came back for the 8-ball Battle of Scandinavia 6 months later, and were satisfied with the results from that tournament too.

So, it is possible to get bookies to work on pool-tournaments!