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Post by alum on Feb 6, 2024 15:51:25 GMT -5
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Post by purplehaze on Feb 6, 2024 17:01:52 GMT -5
Watched the piece Sunday night - very dangerous trend that has unstoppable momentum and will ruin some lives - the major sports at pro and college level are encouraging this which is sad
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Post by Tom on Feb 6, 2024 20:34:57 GMT -5
Interesting piece
I suppose this is one argument in favor of crazy money going to pro and now college athletes. Increased gambling can only increase pressure to shave or even fix games. If the athletes don't need the money, there will be less temptation
We all know college athletes aren't allowed to bet sports at all per NCAA rules. Reasonable to assume as the percentage of young males gambling on sports rapidly increases, the percentage of college athletes gambling is also going up
For people lucky/skillful enough to come out ahead at the end of the year (and there probably are some), I assume that these legitimate businesses have to report net income. If you have to pay a tax on net winnings, that effectively reduces the odds. Bookies don't hand out 1099's to winners.
In the olden days, when you lost your bets, you showed up at some smoke filled back room with an envelope full of cash. I don't bet online, but I assume the money you put into your account is on a credit card. That means people who don't pay their cards off every month are paying close to 20% interest on their gambling budget. Just another way to reduce the odds
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Post by hc1998 on Feb 12, 2024 8:38:53 GMT -5
Interesting piece I suppose this is one argument in favor of crazy money going to pro and now college athletes. Increased gambling can only increase pressure to shave or even fix games. If the athletes don't need the money, there will be less temptation We all know college athletes aren't allowed to bet sports at all per NCAA rules. Reasonable to assume as the percentage of young males gambling on sports rapidly increases, the percentage of college athletes gambling is also going up For people lucky/skillful enough to come out ahead at the end of the year (and there probably are some), I assume that these legitimate businesses have to report net income. If you have to pay a tax on net winnings, that effectively reduces the odds. Bookies don't hand out 1099's to winners. In the olden days, when you lost your bets, you showed up at some smoke filled back room with an envelope full of cash. I don't bet online, but I assume the money you put into your account is on a credit card. That means people who don't pay their cards off every month are paying close to 20% interest on their gambling budget. Just another way to reduce the odds I think the use of credit cards varies by state...was watching game last night with a friend in from out of town. He went to make bets and was trying to put his credit card in...in my state you can't, in his you apparently can. Gambling on credit sounds like a very bad idea...although if your card has points or rewards it could be lucrative in that respect. |
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Post by Tom on Feb 12, 2024 9:23:25 GMT -5
This whole concept is not my thing. If you can't use a credit card, I assume you have to use Venmo or some other money transfer system to put funds in your on line betting account.
I tend to think like a 20th century person, but I'm not sure I would want a direct line from my bank to an on-line betting site
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Post by hc87 on Feb 12, 2024 11:25:56 GMT -5
Story in the Globe yday highlighted the rise of problem gambling among young men....some as young as 14 betting through other people's accounts. Seeing a lot more young men...I'm assuming 18-25 or so at GA meetings across the state.
The easy, online access is the biggest problem imo....in my day (stay off my lawn btw) you had to be more careful on your bets or you were going to meet up with Rocco or Big Vinny or both at some point.
This is going to be the next opioid-like crisis in America if it isn't already imo.
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Post by timholycross on Feb 12, 2024 18:19:22 GMT -5
Glad I watch most of my games on dvr (not knowing the score), no temptation!
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Post by HC92 on Feb 16, 2024 8:19:31 GMT -5
As a father of three teenage boys, I can tell you it’s a huge problem, particularly on college campuses. We’ve been lucky and our kids have steered clear but it’s pretty pervasive in their world. It’s become a thing in our town for kids to gamble among themselves on all sorts of things during high school basketball games. So, when you see students seemingly overreacting to a made free throw or a traveling violation, that’s why.
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Post by timholycross on Feb 16, 2024 9:00:08 GMT -5
When I started going to Sox games in the early 70s, attendance averaged around 20K* and the first couple grandstand sections (next to the bleachers) were usually empty...except for perhaps 2-3 dozen older men all congregated in one area. They used to bet on everything related to the game you can imagine. Draft Kings, etc., is just a modern day version of that.
* the breakthrough years were 77-80; they backslid a little during the Haywood Sullivan/Ralph Houk days; then took off in '86.
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Post by hc87 on Feb 16, 2024 11:58:56 GMT -5
As a father of three teenage boys, I can tell you it’s a huge problem, particularly on college campuses. We’ve been lucky and our kids have steered clear but it’s pretty pervasive in their world. It’s become a thing in our town for kids to gamble among themselves on all sorts of things during high school basketball games. So, when you see students seemingly overreacting to a made free throw or a traveling violation, that’s why. Pretty scary stuff....as I mentioned, this is and will continue to be a major societal issue moving forward. |
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Post by timholycross on Feb 16, 2024 15:35:55 GMT -5
I guess this could have affected a few of these crazy bets: On Wednesday, in the Celts 50 point blowout of the Nets, the Celts didn't commit a foul for 19 minutes (1 min left in Q1 until 6 min left in Q3); meanwhile, the Nets committed a foul with 8 seconds left in the first quarter and didn't commit another one until there were 5 seconds left in the second.
So, Q2 had exactly one foul and with the Nets being behind by over 30 at this point, the intentional grab made w/5 seconds left was completely unnecessary.
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Post by Tom on Feb 16, 2024 16:09:26 GMT -5
I made the comment earlier that crazy money given to pro and now major college athletes will make it harder to entice them to throw games or shave points as gambling becomes more prevalent. Refs don't make as much money. Probably a better target for big money people who want to fix games
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Post by bfoley82 on Feb 18, 2024 22:20:49 GMT -5
I made the comment earlier that crazy money given to pro and now major college athletes will make it harder to entice them to throw games or shave points as gambling becomes more prevalent. Refs don't make as much money. Probably a better target for big money people who want to fix games We have seen a NCAA baseball coach fired for sharing insider knowledge which was flagged by the authorities after a bet was made in a different state for a very high amount of money. |
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