OT: proposal about sports betting on November ballot
- Thread starter Knight177lb
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It's so regulated that it makes it extremely difficult. Plus it's not like someone can't get money down offshore if they're actually trying to be up to no good. Someone in a big time scandal wouldn't be using the legal markets anyway.
I’m glad it is getting voted down. There is no upside for RU if it gets approved.
And if it did pass, the downside for Rutgers would be………
Not sure why the impact to Rutgers would effect voting.
The impact is none if it passes or not.
It's a real bummer it won't pass. Too many people in NJ that know nothing about it are scared for no reason. Betting is fun. It's not my fault people are irresponsible with their money. I enjoy throwing money on meaningless games for entertainment.
Never bet more than you can afford to lose. Don't lose your shirt!!!
Change is good. Wake up people. Betting = revenue for the state.
Never bet more than you can afford to lose. Don't lose your shirt!!!
Change is good. Wake up people. Betting = revenue for the state.
Weren't you the guy who went 0-18 to start the season in bets or am I confusing you with @Gimmy
The downside is TV ratings. People will watch games because they bet on them. RU could be losing by 21 points but if RU is getting +20, people will continue to watch. Without a bet on the game, they change the channel.
People are voting no for college sports betting, but question 2 has already been voted yes. So it is ok to take a rake off your bingo game but its not ok to bet on a sporting event????
That's a crazy result. I guess people think you can't drive from NYC to South Orange to fix games.
"Have time to go place the bet"? It would be done on line. To me not a big deal either way.
Bets in person can be paid in cash without a name attached. Bets placed online are attached to an account with a name -- a college athlete betting on/against their team would be flagged immediately. Plus the online accounts get limited on big bets much more quickly than in person.
I dunno, a DraftKings Sportsbook & Sky Lounge in the stadium would be pretty dope
But it was an amendment to the N.J. Constitution. A lot of stuff about gambling is in the State Constitution.. This may seem silly, but it is a way to protect the program from being altered by the legislature alone; instead, a popular vote is required because that is needed to change the state Constitution.
Makes no sense this didn't pass. Lots of people voting no for something they don't understand.
Its young guys who most get addicted to gambling (and there are more than people think).
Many start to feel they have to show their "allegiance" to their team by betting on them.
Then they get drawn in and find they cant enjoy a game unless they bet on it
They end-up talking to their friends about their bets more than the games
Legal weed/mushrooms and legal betting - it like the states are doing what the mafia used to do. I'm sure hookers will be next and it will me made to sound like a civil rights achievement
Many start to feel they have to show their "allegiance" to their team by betting on them.
Then they get drawn in and find they cant enjoy a game unless they bet on it
They end-up talking to their friends about their bets more than the games
Legal weed/mushrooms and legal betting - it like the states are doing what the mafia used to do. I'm sure hookers will be next and it will me made to sound like a civil rights achievement
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I am stunned that the measure lost, much less by such a large margin,. I thought it would do better as the night went on and more Democratic votes came in. But no. The measure must have failed among all groups. My guess (and it's just a guess) is that the idea of betting on sports is not as popular with voters as many politicians assume. Perhaps voters fear that betting on sports will lead to the corruption of sports, or that sports betting will be so attractive to young people that it would lead to more addiction to gambling. But who knows?
Pre-election polls predicted that the referendum was headed for defeat. There was nothing complicated about the wording and it was pretty straight-forward. The majority simply doesn‘t want betting on NJ colleges.
Forgive my ignorance, but does NJ currently offer parlay wagers on pro football via the state lottery system? Or are the only ways to wager thru online outlets and casino and OTB "retail" locations?
The question of legalizing sports betting was voted on by NJ voters in 2011. It was approved by a near 2:1 margin. There’s support for sports gambling. This measure was defeated because people didn’t know why the question was being asked. So we will continue to be the only state that allows sports gambling but doesn’t allow you to bet on in state teams. The only reason that was ever in the law was because when NJ legalized gambling, they were worried the NCAA wouldn’t hold events here without that clause. That time has passed. It makes no sense.
Sports betting backed by N.J. voters
With more than half of the votes counted, the voter referendum was winning by nearly a two-to-one margin
You're right about 2011, although it was a nonbinding referendum. I think it's very fair to say that there needed to be a campaign in favor of the proposition on this ballot. I really don't understand why there wasn't except maybe the proponents just assumed it would easily pass as the 2011 referendum did.The question of legalizing sports betting was voted on by NJ voters in 2011. It was approved by a near 2:1 margin. There’s support for sports gambling. This measure was defeated because people didn’t know why the question was being asked. So we will continue to be the only state that allows sports gambling but doesn’t allow you to bet on in state teams. The only reason that was ever in the law was because when NJ legalized gambling, they were worried the NCAA wouldn’t hold events here without that clause. That time has passed. It makes no sense.
Sports betting backed by N.J. voters
With more than half of the votes counted, the voter referendum was winning by nearly a two-to-one marginwww.nj.com
I talked to a woman from my children’s school in the parking lot after voting. She said “what was that gambling question, I didn’t get it so I voted no.” I do not think this was isolated
Which IMO makes total sense. The voters said "I don't understand this, therefore, I'm not approving it."
Wouldn’t it make more sense to not vote on it?
On the other hand I know people who only voted for it because of all the money it would bring in tax revenue. Well, here’s the math.
For every $1m bet on sports the sports book makes about $50k in revenue and NJ gets about 10% of that, or $5k
RU has 12 regular season football games. RU and SH about 30 regular season b-ball games. If $1m was bet on average for every football game and $100k for basketball the state of NJ would take in a whopping $90k for the season.
I think that that estimated betting $1m per football game and $100k per basketball game is generous and the real numbers would be less, but you can double, triple or quintuple the estimated bets that would be made and add games for PU, Monmouth, etc and it’s still totally meaningless to the state’s coffers.
Lots of people who voted for it didn’t understand it, either.
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Quick read on it
Captain Jack not a bad Twitter follow but Bill Krackman is better
NJ Sports Betting - Best Sportsbook Sites 2024
Comprehensive guide and FAQ for the legal sports betting industry in New Jersey, including a complete list of places to bet, live and online.
www.njonlinegambling.com
Captain Jack not a bad Twitter follow but Bill Krackman is better
Then shouldn't vote on it at all. Also the paragraph explaining the question explained it fine.
People are suspicious of government- -- you probably are, too, just as I am. When they see something from the governmet they don't understand, they react negatively because they feel the government is trying to put something over on them. So they vote "no."
Yes, I hate the damn sportsbook ads. (There's a whole bunch with a blonde whose eyes make her seem crazy!) But I didn't know that other people thought like that too!Quick read on it
NJ Sports Betting - Best Sportsbook Sites 2024
Comprehensive guide and FAQ for the legal sports betting industry in New Jersey, including a complete list of places to bet, live and online.www.njonlinegambling.com
Captain Jack not a bad Twitter follow but Bill Krackman is better
That north of 90k is enough to hook a couple relatives of politicians with nice summer state jobs.
People saw Amendment to Constitution and looked no further. Bingo passed. It was a poorly worded question and doomed for failure.
The wording was awful which led with amending the New Jersey Constitution. If you don’t think that influenced voters….I don’t know what to say… agree to disagree! Or as Larry Sanders says I don’t agree to disagree! It was really poorly written and doomed to failure from the start.
