Posts for sports gambling

Everything You Need To Know About Legal Sports Betting in Pennsylvania, New Jersey and Delaware

Kyle Scott - June 15, 2018

I spent the past two days at Harrah’s in Atlantic City, where the top brass in the legal sports betting industry were all present for the East Coast Gaming Congress.

The annual event is a meeting of the minds for all forms of gaming, from slots to casino hospitality, most of which doesn’t interest me even a little bit. But this year the focus was almost exclusively on sports gambling. It’s perhaps only a coincidence that Monmouth Park and the Borgata, a 17-minute walk from Harrah’s (speaking from experience), started taking bets during day two of the conference, just hours before Governor Phil Murphy addressed attendees.

Why did I go? Two reasons, to be honest:

  1. To learn about where the industry is headed and pass along those findings to you, specifically because Philly is at the epicenter of the shift toward legal sports betting since Pennsylvania, New Jersey and Delaware will likely be the first three states to allow it following the Supreme Court’s ruling last month.
  2. Business interests, Holmes.

Right now, things are confusing to consumers and would-be bettors. When can I bet? How? Where? And beyond that, just have pervasive and what forms will sports betting take in the US?

I’m here to summarize the event and answer your questions. Continue Reading

Continue Reading

Sports Betting Is Now Fully Legal In New Jersey

Kyle Scott - June 11, 2018

That there is New Jersey governor Phil Murphy signing into law the sports betting bill.

It passed last week and was just waiting to be signed by the gov. Under the law, sports betting will now be fully legal in New Jersey, both at casinos and racetracks, and online, the latter of which can go live in as little as 30 days (in other words, in time for football season).

Monmouth Park plans to go live on Thursday morning.

Online sports betting in New Jersey: you’ll have to be in the state to place a bet. Sites and apps will use geofencing, similar to how they do with daily fantasy sports, to determine if you are in-state.

DraftKings and William Hill are already positioned to be players here. They’ve partnered with Resorts and Monmouth Park, respectively. Online sportsbooks, like the ones we expect to see from DraftKings and William Hill, will have to be backed by licensed operations, so it remains to be seen how these sites and will look and feel. William Hill already has a live app in Nevada, but DraftKings has no sports betting platform yet, so it could be subset of its current platform, a separate app, or a co-branded experience with Resorts.

Here’s the full text of the bill:

new jersey sports betting bill

We’ve put together a full New Jersey sports betting guide listing which platforms have partnered with which casinos. Check it out to figure out where, when and how you can bet. You can also sign up for our email list to get developments on where you can bet in New Jersey:

A Guide to Sports Betting in New Jersey and Delaware

Kyle Scott - June 8, 2018

Legal sports betting began this week in Delaware, where in-person, casino-based gambling is now available.

Yesterday, the NJ senate approved a regulation to allow casino and online sports gambling. The bill is just waiting to be signed into law my Governor Phil Murphy, who today said he won’t sit on it for too long. From NJ.com:

“I want sports betting,” Murphy said during a news conference in New Brunswick. “Believe me a I want to place the first bet in New Jersey if I can. But we want to make sure we do it right. We just got the bill. We’re going through it, and we’re not gonna sit on it.

Asked if he will take the entire 45 days he has to take action on the bill, Murphy said: “I sure as heck would hope not.”

The remarks come a day after both houses of the state Legislature voted overwhelmingly to pass the bill, which would regulate and tax such wagering online and in person at the Garden State’s casinos and racetracks.

It’s unclear why he appears to be stalling, but sports betting is coming to New Jersey very, very soon, likely within just days.

With Pennsylvania perhaps next up to legalize sports betting, Philly is at the MF-ing epicenter of this movement. We’re putting together a series of pages showing where, when and how you can bet in each of the three states. Thanks to our friend Mike Lyon, a local attorney, who has helped us put together both the legal sports betting overview and the New Jersey sports betting page. We also have one for Delaware, and a how-to bet on sports guide for beginners.

You can check out each of those pages here:

New Jersey sports betting guide

Delaware sports betting guide

How to bet on sports

Delaware Will Offer Legalized Sports Betting Starting Tuesday

BWanksCB - June 1, 2018

Delaware has always been ahead of the game. It was, of course, the first state to ratify the United States Constitution in 1787. Fast forward 231 years and it will become next week the first new state to offer legalized sports betting after the Supreme Court’s decision last month clearing individual states to offer wide-ranging sports wagering options.

Ironically, I have always heard that it is absolutely delightful in Delaware this time of year. I think I’ll make a visit on Tuesday at 1:30 pm, which just so happens to when the state’s books will go live.

“Delaware has all necessary legal and regulatory authority to move forward with a full-scale sports gaming operation, and we look forward to next week’s launch,” Delaware Governor John Carney said in a press release issued yesterday. “We’re hopeful that this will bring even more visitors into Delaware to see firsthand what our state has to offer.”

A new state marketing campaign in the works? I think so!

Come for the Christiana Mall, stay to satisfy your legal compulsive gambling habits. #Delaware

SportsPick, the product that will operate the state’s betting action, will be available at Dover Downs Hotel & Casino, Delaware Park, and Harrington Raceway & Casino.

And what this does is offer the average bettor options. You can head to one of these locations and do it the clean way. No more visiting a guy named Rocco behind a 7-11 to hand off an envelope stuffed with your hard-earned money, misery, and regret. Just give it to the state instead. Think of it as a “fun tax.” Just know, however, that any winnings over $600 are considered reportable winnings. Also know that winnings over $5000 requires federal tax withholdings of 24%.

The Delaware Lottery has published a comprehensive guide designed to answer questions about betting terms, procedures, rules, and regulations, but may I suggest you start with try the Crossing Broad sports betting FAQ instead.

A Beginner’s Guide to Sports Gambling

BWanksCB - May 25, 2018

For some, the legalization of sports gambling won’t change much. There will be those who abstain from the temptation, those who occasionally dabble, and then there will be those who hate themselves late on a Sunday night as they try to figure out which credit card is going to pay the Comcast bill. Still, the world of sports gambling is foreign to many, and it is likely the U.S. Supreme Court’s recent landmark decision that allows individual states to govern its legality will bring a significant part of the fan population into the fray.

 

Why should I bet on sports?

Because it’s awesome, that’s why. Yes, there is a pretty good chance that you may piss away your hard-earned money. Yes, you may ultimately develop a crippling addiction that forces you to irrationally justify your losses by telling yourself lies such as, “I don’t need a savings,” or, “If I just eat Ramen Noodles for next five weeks and buy off-brand toothpaste, it will be like all of this never happened.” Yes, you may also run the risk of alienating yourself from friends and incensing your significant other when you are out to dinner by compulsively checking to see if the Raptors beat the Pistons by six points. But you could also WIN—and winning is fun. Nailing a game to validate your sports acumen while also putting money in your pocket that you didn’t really earn is a magical feeling. I’m not sure that there’s anything better.

From a practical standpoint, a diligent and disciplined bettor who understands trends, traps, and contextual factors can make money, but it’s easier said than done. For the average fan, sports wagering provides a form of convenient entertainment, and it can spice up a rather ordinary sporting event. Don’t care about the Angels and Astros game on Sunday Night Baseball? Now you do!

 

What can I bet on?

EVERYTHING! Well, almost everything. Bettors have several wagering options at their disposal—point spreads, moneylines, totals, and varying prop bets depending on the sport and the overall significance of the bet. Betting options aren’t limited to the four major American sports leagues. If it’s a regulated and sanctioned athletic event, it is probably on the board. Have a good feeling about Juan Martin del Potro at Wimbledon, or the Minnesota Lynx over the New York Liberty? Hammer that shit. Continue Reading

Continue Reading

Sixers CEO Scott O’Neil Describes His Call with Larry Brown, and Says He’s in Favor of Legalized Sports Gambling

Jim Adair - November 17, 2014

On Friday, Kyle and I spoke on the podcast with Sixers CEO Scott O’Neil about Larry Brown, gambling, Joel Embiid’s Twitter, and more. You can check the whole thing out on LibertyBroadcast.co when it posts later today, but here’s how O’Neil described the call he had with Brown following the duo’s public jabs at each other:

“I’m really disappointed in the comments you made. And we’re working our asses off here,” I said [to him]. “We’re working really hard, and I just don’t appreciate it. If you have an issue or problem, I’d rather you just pick up the phone and call and let’s talk it out. We’re big boys, we can handle it. We’re certainly far from perfect. I make mistakes every single day and so does Sam, but to say the things you said, I don’t appreciate it.” And he says to me, “I don’t appreciate what you said.” And man oh man there are a lot of things I could have said. I made the joke about SMU, a team that’s actually doing well. But everyone here that knows Philadelphia and Philadelphia basketball knows what I could have said and chose not to. I chose to go high road on it and that spiraled into more nasty stuff, and I don’t want that here. I don’t do well with negative energy and negative karma and I just want to talk this through a little bit and if you’re upset about something, then let’s chat.”

Additionally, as the CEO of a team that is sponsored by Party Poker and Draft Kings, O’Neil had some thoughts about sports gambling and Adam Silver’s New York Times Op-Ed in support of it:

“I don’t know if you’ve read the commissioner’s op-ed piece in the Times, but Commissioner Silver, who I worked for for several years and I’m very close with, just came out and said the NBA has opposed legalized gambling on sports in the U.S. for 20 years and we think it’s time to change our position. And his perspective is that there’s a lot of money that’s being spent, and through legalization you have much more regulation, you take it out from the shadows and you can track money flow easier and cleaner and therefore get rid of any of the issues. As long as you can keep the integrity of the game, it’s time for us to find a solution. And I would say I tend to agree with him. He’s a smart guy and he’s studied the issue a lot more than I have. But if you go to a soccer or football game in Europe and you walk into a suite they hand you a betting slip. “Who’s gonna score the next goal?” “Who’s gonna win the game?” It’s unbelievable. You can gamble on anything from time of possession to lord knows what.

Is that gonna come here with a really digitally connected fan base, where you can say “Is he gonna make these free throws? Here’s five bucks”? I dunno. But is sports betting coming to the U.S. legally? Absolutely. Is it going to be in 10 years or 10 months, I’m not quite sure. But I know it’s gonna be here, and I thought it was an interesting public statement from the commissioner.”

Once again, the whole podcast will be up later today with much more, including news that we’re finally getting that mascot by mid-January. It’s not Phil E. Moose – or a moose at all! – and it’s, you know, for kids.

Chris Christie Allows Sports Gambling in New Jersey

Kyle Scott - September 8, 2014

Somewhere, the Revel is like, “Eyyo, is it too late to reconsider? Between this and our now infamous elevator, we are a DESTINATION for sports fans!”

Too late.

From the Washington Post:

But after a wave of casino closings in Atlantic City generated piles of bad press for Christie, and seeking to give his home-state casinos an edge over recently constructed competitors in Pennsylvania and Maryland, Christie apparently has changed his mind.

In essence, Christie is doing exactly what the stage legislature attempted to do earlier this year: Dropping the state’s prohibition on sports gambling, which he claims is a legal move under federal law. According to the Philadelphia Inquirer, casinos in Atlantic City will be allowed to introduce sports gambling immediately, so long as no bets are taken on teams located in New Jersey or on any sporting event taking place in New Jersey.

That certainly changes things.

The Post notes that there will be some legal hurdles to clear – leagues push back against the expansion of sports gambling – but for now, Christie says go ahead and place your bets. Who wants to take a trip to AC tonight?