MN not allowing sports gambling maybe temporarily not so bad

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On the pro level, more suspensions have been occurring as well.
 

An average of $7.65 per bet

That's not even betting a value meal at Burger King these days

Such a wide ranging scheme to be a very low roller
 

Indictments always make things seem more sinister than they are in reality. Doubt if there was any ‘scheme’ here. Piddling amounts; even if he was really really bad at sports betting he probably lost <$500 over this time frame. Seems to me these young men in Iowa and other states where sports betting has recently been legalized have not been properly warned by NCAA/Universities of possible severe consequences in the face of overwhelming sports betting mania. Sports betting has exploded here in Iowa, mainly fueled by young men. And not so young men😜.
 



I was for it, but now I'm ardently against it.

If it happens, it should be allowed for only pro sports, no prop bets, no bets on a game after it's started, absolute ban on all universities from contracting with gambling companies, ban all advertising to those under 21, and no electronic bets. All bets must be made in person.

I'm sure I missed something, but if we're doing this, then it needs to be heavily regulated and scaled down.
 

TruthSeeker said:
I was for it, but now I'm ardently against it.

If it happens, it should be allowed for only pro sports, no prop bets, no bets on a game after it's started, absolute ban on all universities from contracting with gambling companies, ban all advertising to those under 21, and no electronic bets. All bets must be made in person.

I'm sure I missed something, but if we're doing this, then it needs to be heavily regulated and scaled down.
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I'm all for... no advertising on TV / live game commercials / at stadiums / etc.

Banish it to some crappy banner ads or something.
 




TruthSeeker said:
I was for it, but now I'm ardently against it.

If it happens, it should be allowed for only pro sports, no prop bets, no bets on a game after it's started, absolute ban on all universities from contracting with gambling companies, ban all advertising to those under 21, and no electronic bets. All bets must be made in person.

I'm sure I missed something, but if we're doing this, then it needs to be heavily regulated and scaled down.
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Yeah I enjoy gambling and betting but could not agree more. Part of why I stopped. It has become so much of the game, has led to nasty interactions with fans yelling at players because of their “failure” to make their bets win. Return it all to in person. Way too easy to destroy lives when you can do it with the click of a button and a credit card. Fast track to an addiction to it and taking over your life.
 


Good points regarding suggestions as to sports gambling. Contact Sen. Matt Klein by email and give him your thoughts in a positive way. Doesn't do any good to send an angry e-mail. Nothing happens when you do that. Klein will read it and give it some thoughts along with others.

As to Iowa not being informed. If they didn't know that they are living in one of their cornfields down there. Furthermore, if they didn't know, that tells you more about the Iowa staff.
 




fmlizard said:
An average of $7.65 per bet

That's not even betting a value meal at Burger King these days

Such a wide ranging scheme to be a very low roller
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It sounds like the scheme was just using his parents name/credit card probably to place bets. I'm not saying it's right, I just don't think it's an elaborate scheme.

These athletes need to remember that they aren't messing with the ineptitude of the NCAA or the biased enforcement of the NFL, they are dealing with gambling companies that really will investigate these things. I think way more athletes (NCAA and NFL) are going to get popped for gambling than for PEDs and not because it's more rampant.
 

A_Slab_of_Bacon said:
I hate all the gambling ads and etc.

It gives me a bad vibe.

Nothing good comes of this crap.
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Gambling is probably the worst addiction of them all. It complements alcoholism and substance abuse and likely increases the mortality rates that already exist with those other addictions. Plus you can't get clean from gambling like you can from alc or drugs, even after a successful rehab your debts still exist.
 

I look at gambling (pull tabs, sports bets, etc.) the same way as I look at the lottery. It’s a tax. You either have to be rich enough to not care about losing (this is relative to amounts you’re wagering), poor enough to “need” to win, or dumb enough to think you’ll win.
 

Gambling is the extension of speculation and curiosity. We all want to believe that we know the outcome of an event, justifiably based or not. Wagering is the most common form of incentivizing the sharing of those beliefs. Turning beliefs into money (or power or influence) is one of the oldest intellectual and decision-making methods for validating a belief.

The catch is how to develop that curiosity into a knowledge set without damaging one's integrity. All I can further say is "good luck with all that then."
 


mngg11 said:
Gambling is probably the worst addiction of them all. It complements alcoholism and substance abuse and likely increases the mortality rates that already exist with those other addictions. Plus you can't get clean from gambling like you can from alc or drugs, even after a successful rehab your debts still exist.
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So my addiction to sex doesn't rank high? Whew.

I use Fan Duel here in Illinois, and if I remember correctly I cannot bet on in state college sports.
 


A_Slab_of_Bacon said:
I'm all for... no advertising on TV / live game commercials / at stadiums / etc.

Banish it to some crappy banner ads or something.
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It needs to be nipped in the bud before we're like European soccer, where even the most storied professional clubs wear bookie logos on the pitch.

All it takes is one school trying to slap a FanDuel logo in the middle of their uniform for the NIL money and suing for the right to do it.
 

Betting on your own team to win or season overs should be 100% allowed. If you're betting to lose or individual player props then there's issues
 

upnorthkid said:
Way too easy to destroy lives when you can do it with the click of a button and a credit card. Fast track to an addiction to it and taking over your life.
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So because a few people can't handle it, it needs to be taken away from all of us?

Is this kindergarten all over again? One kid gets out of line with a toy and now no one can use it?

We're grown adults. If we screw up and send our lives down the crapper, that's on the individual, not society. I prefer personal freedom, as opposed to giving up the freedom because some people can't handle it responsibly.
 

mngg11 said:
Plus you can't get clean from gambling like you can from alc or drugs, even after a successful rehab your debts still exist.
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Do you know of any place that allows you to make a bet without putting up the money first? I don't. Every sports bet I've made I've had to put the money up first, whether in a Vegas casino or online, and then I get paid out if I win the bet. In that system, how can anyone have a debt?

Now if you're talking about people making bets with "the mob" or whatever, I have no clue if you need to pay in advance, so maybe there you are right that a person could create a debt. But wouldn't legalized gambling be a way to prevent people from betting with the mob?
 

rowdaboat said:
Betting on your own team to win or season overs should be 100% allowed.
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I get what you're saying in spirit, since the player would not be incentivized to tank or perform poorly at a critical time. But it's still "inside information" - you have an advantage that others don't. Kinda like trades in the stock market if you're trading stock in the company you work for.
 

I'm not much of a gambler outside of a $10 bet on a game with a coworker. Not into casinos or pull tabs. A poker game with friends is fun. I just don't get the same thrill others must feel as I am losing money. Even if you win, you're still losing in the long run. Nobody beats the house.
 

rowdaboat said:
Betting on your own team to win or season overs should be 100% allowed. If you're betting to lose or individual player props then there's issues
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Even that (bolded) should absolutely be prohibited and is for good reason. Players/coaches could take unnecessary risks to cover a spread or benefit from a money line, putting a win in jeopardy or long term success at risk.
 

Ope3 said:
Even that (bolded) should absolutely be prohibited and is for good reason. Players/coaches could take unnecessary risks to cover a spread or benefit from a money line, putting a win in jeopardy or long term success at risk.
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I believe in Iowa it is illegal to bet on a game you are involved in. Thus the "unfair wager" alligations in the Iowa cases.
 


TurfGopher said:
Nobody beats the house.
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In sports betting, you aren't betting against "the house". For example, if I bet the "over" for Gophers to win more than the 6.5 games that the line is set at and I lose, I'm not losing to "the house" - I'm losing to another sports better that bet the "under" for 6.5 wins.

You are right though on the other stuff. If you play enough blackjack or any other table game, the house wins in the long run.
 

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