Ohio Football Topic
Topic: OT: Supreme Court strikes down federal ban on sports betting
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C Money
5/14/2018 10:55 AM
https://www.nbcnews.com/politics/supreme-court/supreme-co...


Now we'll see if the state of Ohio moves to allow it. I know West Virginia already has, but the details are still in the works.
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OhioCatFan
5/14/2018 12:40 PM
How much should I bet on an OHIO undefeated season, top 25 ranking, MAC championship, and an NYD bowl win? ;-)
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TWT
5/14/2018 8:15 PM
OhioCatFan wrote:expand_more
How much should I bet on an OHIO undefeated season, top 25 ranking, MAC championship, and an NYD bowl win? ;-)
Bet the farm. Farmhouse, Tractor Barn, Chicken Coop, Pig Sty all of it.
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Mark Lembright '85
5/14/2018 9:07 PM
What the h***. Might as well put down a 10 spot on the Brownies. 😂😂😂
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Pataskala
5/14/2018 9:25 PM
Now that this has happened, someone should challenge the classification of pot as a schedule 1 controlled substance. Legal pot growers can't use the banking system because pot is still a schedule 1 controlled substance. They generally have to deal strictly in cash and have large amounts of cash on their property, which puts their employees at risk. It's based on the outdated notion that pot has no accepted medical use, there's a lack of accepted safety under medical supervision, and it has a high potential for abuse. Sounds like half the prescription pain killers on the market.
Last Edited: 5/14/2018 9:33:04 PM by Pataskala
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C Money
5/14/2018 9:51 PM
Pataskala wrote:expand_more
Now that this has happened, someone should challenge the classification of pot as a schedule 1 controlled substance. Legal pot growers can't use the banking system because pot is still a schedule 1 controlled substance. They generally have to deal strictly in cash and have large amounts of cash on their property, which puts their employees at risk. It's based on the outdated notion that pot has no accepted medical use, there's a lack of accepted safety under medical supervision, and it has a high potential for abuse. Sounds like half the prescription pain killers on the market.

A couple problems:
(1) The problem in this case wasn't that the federal statute prohibited gambling; it was that it prohibited states from allowing gambling. That's the exact opposite of the marijuana regulatory problem, in that the feds prohibit individuals but (currently) cannot stop (most) states from implementing state medical marijuana programs per federal spending prohibitions.

(2) Even if marijuana was removed from Schedule I, THC is separately listed as a Schedule I controlled substance. So even if federal law allowed for medical marijuana, you'd have to produce it with no THC. This is the problem with a lot of the "legal" CBD oil--many oils are marketed as "legal" if they contain less than 0.3% THC. That is not accurate at all; "hemp" products may be produced so long as they contain less than 0.3% THC, but recent DEA guidance clarifies that CBD oil is only "legal" if (i) it is produced entirely from the stalks or seeds of the plants (because stalks and seeds of the cannabis sativa plant are not legally "marijuana") and (ii) contains no detectable levels of THC.

(Wooooooooooohoooooooo!!! Thread drift!!!)
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rpbobcat
5/15/2018 6:28 AM
C Money wrote:expand_more
(Wooooooooooohoooooooo!!! Thread drift!!!)
And,just to continue the "drift".
There a few pundits,on both sides of the issue talking about the potential impact this ruling could have on sanctuary cites.
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Ohio69
5/15/2018 1:50 PM
It will be interesting to see which colleges jump on board the gambling advertising/sponsorship money first. Its gonna flood in.
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OhioCatFan
5/15/2018 2:46 PM
Ohio69 wrote:expand_more
It will be interesting to see which colleges jump on board the gambling advertising/sponsorship money first. Its gonna flood in.
Wow. that'll be a slippery slope. I suspect that NCAA will adopt very strict rules against such sponsorship. Perhaps, one of our resident lawyers can weigh in on this, but I wonder if such sponsorship could jeopardize the amateur status of a university's athletic program and/or an institution's non-profit status. It'll certainly make it much easier for graft and corruption in college athletics, which the FBI probe is already showing is out-of-control at least on the basketball side.
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rpbobcat
5/15/2018 3:31 PM
OhioCatFan wrote:expand_more
It will be interesting to see which colleges jump on board the gambling advertising/sponsorship money first. Its gonna flood in.
Wow. that'll be a slippery slope. I suspect that NCAA will adopt very strict rules against such sponsorship. Perhaps, one of our resident lawyers can weigh in on this, but I wonder if such sponsorship could jeopardize the amateur status of a university's athletic program and/or an institution's non-profit status. It'll certainly make it much easier for graft and corruption in college athletics, which the FBI probe is already showing is out-of-control at least on the basketball side.
I know New Jersey will prohibit betting on N.J. colleges.

The other question that's been asked is whether the expansion of legal gambling will allow it to spread to other sports.

According to WFAN,the NFL and NBA are looking to work some kind of "in" to legalized gambling ,so they get a piece of the pie.

They were also saying that the NFL and NBA were hoping to put some type of business model in place for gambling, before the Supreme Court Ruled.
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Ohio69
5/15/2018 5:05 PM
OhioCatFan wrote:expand_more
It will be interesting to see which colleges jump on board the gambling advertising/sponsorship money first. Its gonna flood in.
Wow. that'll be a slippery slope. I suspect that NCAA will adopt very strict rules against such sponsorship. Perhaps, one of our resident lawyers can weigh in on this, but I wonder if such sponsorship could jeopardize the amateur status of a university's athletic program and/or an institution's non-profit status. It'll certainly make it much easier for graft and corruption in college athletics, which the FBI probe is already showing is out-of-control at least on the basketball side.
An explosion of gambling would likely increase the potential for point shaving/outright cheating.

But, other than that, I see no difference between Pepsi Corp and 888Sport. With this law change both will offer perfectly legal products for consumer enjoyment.

I say bring on the sponsorship deals.... Heck a few Premier League teams have gambling companies right there on the front of their jerseys.
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C Money
5/15/2018 7:10 PM
http://www.espn.com/chalk/story/_/id/23464167/west-virgin...

WVU and Marshall angling for a direct cut of WV's revenues, in order to offset the additional costs of compliance.
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rpbobcat
5/16/2018 6:41 AM
New Jersey spearheaded allowing sports betting.

Our former Senator (Bill Bradley) wrote the federal law banning sports betting.

So this has been getting a lot of press out here.

Right now,N.J.hopes to be in a position to start accepting wagers by the NBA Finals.

That would be before the final state legislation is in place.
According to the papers,that would still be be legal.

One thing that has to be finalized is exactly what you can bet on.
There's a lot of concerns about taking bets on high school and AAU.

I wouldn't think there would be a market,but apparently there is.
So I would expect the state to exclude any bets below college.

As I posted previously,N.J. has already prohibited betting on in state colleges.

I've got a feeling its going to be the wild wild west for a while.
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C Money
5/16/2018 7:16 AM
rpbobcat wrote:expand_more
One thing that has to be finalized is exactly what you can bet on.
There's a lot of concerns about taking bets on high school and AAU.

I wouldn't think there would be a market,but apparently there is.
So I would expect the state to exclude any bets below college.

I remembered an article I read some time ago about the gambling scene in high school football in South Florida. While looking for it, I found this, an even more extreme example:

http://www.espn.com/espn/otl/news/story?id=6451796
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Ohio69
5/16/2018 12:07 PM
C Money wrote:expand_more
http://www.espn.com/chalk/story/_/id/23464167/west-virgin...

WVU and Marshall angling for a direct cut of WV's revenues, in order to offset the additional costs of compliance.
Yeah, yeah. That's what we'll call it. "The additional costs of compliance"... Perfect. That's why we need more $.... Too funny.
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mcbin
5/18/2018 6:45 PM
Mid-week MACTION, being one of the few games in town on weeknights, the MAC & Ohio has quite the opportunity ahead of them. They just have to figure out how to capitalize.

With ever increasing costs, and pressures to control such costs, there will be a number of new revenue streams for the schools/conferences than can take advantage.

The added risks will be there regardless of if the MAC & Ohio try to capitalize IMO.
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rpbobcat
5/24/2018 6:43 AM
There's an article in today's The Record about how pro sports leagues are looking to get their "piece of the pie" from sports betting.

They want states that enact sports betting legislation to include an "Integrity Fee" for those leagues.

They would then use that money to help pay the costs to make sure their games stay free from cheating.
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mf279801
5/24/2018 9:39 AM
rpbobcat wrote:expand_more
There's an article in today's The Record about how pro sports leagues are looking to get their "piece of the pie" from sports betting.

They want states that enact sports betting legislation to include an "Integrity Fee" for those leagues.

They would then use that money to help pay the costs to make sure their games stay free from cheating.
I really don't see a lot of states agreeing to do that for them. NFL, for instance, might be able to pressure New Jersey or Nevada or California into giving them a cut (on pain of losing future Super Bowls), but the NFL doesn't have any events to threaten to pull from states like Iowa or West Virginia.

I feel like their argument is also hurt by virtue of this being a new demand (unless such a fee is currently paid by sports books in Vegas, where there has been legal sports betting for decades)
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C Money
5/24/2018 9:57 AM
mf279801 wrote:expand_more
I really don't see a lot of states agreeing to do that for them. NFL, for instance, might be able to pressure New Jersey or Nevada or California into giving them a cut (on pain of losing future Super Bowls), but the NFL doesn't have any events to threaten to pull from states like Iowa or West Virginia.

The Saints and Texans have held their training camps at the Greenbrier Resort in WV, which just so happens to be owned by WV governor Jim Justice, who just so happens to be pushing for an integrity fee in WV.... Hmmmmm.....


Oh, and the Greenbrier will also have sports betting at its casino.
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rpbobcat
5/24/2018 10:00 AM
mf279801 wrote:expand_more
There's an article in today's The Record about how pro sports leagues are looking to get their "piece of the pie" from sports betting.

They want states that enact sports betting legislation to include an "Integrity Fee" for those leagues.

They would then use that money to help pay the costs to make sure their games stay free from cheating.
I really don't see a lot of states agreeing to do that for them. NFL, for instance, might be able to pressure New Jersey or Nevada or California into giving them a cut (on pain of losing future Super Bowls), but the NFL doesn't have any events to threaten to pull from states like Iowa or West Virginia.

I feel like their argument is also hurt by virtue of this being a new demand (unless such a fee is currently paid by sports books in Vegas, where there has been legal sports betting for decades)
According to the article, Nevada has never had to pay any type of "Integrity Fee".

New Jersey's Senate President called it "extortion".

He also sent a letter to the Governors of all 50 states asking them to reject any type of "Integrity Fee".

N.J. got hit with the demand,because we're just days away from passing the enabling legislation.
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catfan28
5/25/2018 11:19 AM
mcbin wrote:expand_more
Mid-week MACTION, being one of the few games in town on weeknights, the MAC & Ohio has quite the opportunity ahead of them. They just have to figure out how to capitalize.

With ever increasing costs, and pressures to control such costs, there will be a number of new revenue streams for the schools/conferences than can take advantage.

The added risks will be there regardless of if the MAC & Ohio try to capitalize IMO.
Viewership and interest for MACTION just went up with this move. Sadly, it just solidifies that we won't be getting those Saturday games back anytime soon. But, at least more people will be watching out there.

I hope when Ohio makes it legal (and they will), that FBS schools around the state get a cut. Could be a real boost during a time when budgets are shrinking.
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rpbobcat
5/25/2018 11:58 AM
catfan28 wrote:expand_more
I hope when Ohio makes it legal (and they will), that FBS schools around the state get a cut. Could be a real boost during a time when budgets are shrinking.
Its going to depend on the state's enabling legislation.

As I posted before,to allay some fears of cheating,N.J.'s legislation will not allow betting on N.J. college teams.
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BillyTheCat
5/26/2018 9:06 PM
All this is going to do is tax a multi-billion dollar existing industry.
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Buckeye to Bobcat
5/28/2018 6:31 PM
Why should the NCAA get a cut? I fail to see how they should benefit from the business. No offense but it's not like boxers get a cut, unless they pull a Mayweather and go bet on the match themselves. It seems to be a farce for a money grab and hope that the NCAA does not get a darn dime of it. Heck, this is going to open floodgates to point-shaving. And not only that, it's not like Toledo has been penalized yet for point shaving so there's that considering it happened 15 years ago. Boom.

No offense, if the NBA want an integrity fee, then they should consider replacing their officials before they even talk of integrity. Heck, if Tim Donaghy the disgraced official can still run a sports book business based off of who officiates, then god knows that money will do nothing to help.
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rpbobcat
5/29/2018 6:47 AM
New Jersey's Senate President,who pushed the sports betting issue, has said M.J.'s enabling legislation,which should be voted on June 7,will not have any type of "integrity fee".
One of his arguments is that Nevada was never asked to pay any type of "integrity fee"

Each state will pass their own sports betting legislation,so the pro leagues don't have a lot of leverage to force this.

The NFL's leverage is limited to the Super Bowl or Pro Bowl.
Don't see another cold weather Super Bowl anytime soon.
If they do,New England would get first shot.

The NCAA's leverage is pretty much limited to March Madness.

According to an article in today's The Record,the NFL hopes to get around this by having Congress pass some type of Law implementing this fee.
The Supreme Court just ruled that Sports Betting is a state issue,ao,even if there was interest on the part of Congress,it would end up back before the courts.
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