Betfair from USA

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Derek27
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Location: UK

Emmson wrote:
Mon May 14, 2018 3:23 pm
" The Supreme Court has just ruled 7-2 to overturn the federal ban on sports gambling. It's a historic day in American sport."

https://twitter.com/WindhorstESPN/statu ... 0562319361

Would be sensational if this turns out to be NOT a false dawn.
:D
CallumPerry
Posts: 575
Joined: Wed Apr 19, 2017 5:12 pm
Location: Wolverhampton

All over FB in the last hour or so, what's everyone's thoughts on this topic?

https://www.msn.com/en-us/sports/more-s ... ar-AAxgcZR
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Euler
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Location: Bet Angel HQ

Based on my knowledge of the US this means stats can head down this route but doesn't necessarily mean they will or on what terms.
Emmson
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https://twitter.com/WindhorstESPN/statu ... 7482485760

Brian Windhorst seems to think the floodgates are now open, an excellent journalist he is and I hope he is right and all kinds of positive developments flow from this ruling.
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megarain
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With sports betting now legal, more individual states will change statutes to allow stuff.

It will be interesting to see how Betfair lobbies. On-line bookies will presumably be legal .. so, why should tracks not allow them to compete with
the poool betting ?

Obviously, they get 20% cut from pool .. but, am sure they could be incentivised.

I wonder how many bookies u will see in US // there will be a tremendous period of client acquisition .. with free offers etc

(( BTW, u may not have seen, but William Hills made an almighty rick on pricing the NFL draft .. and VSIN the sports radio, advised everyone to get on))

It went to arbitration .. but, Hills decided to pay, before getting too muddied .. its just not worth it etc, in the scheme of things.

Imagine all the free bets !!

Need to send son to university in USA, to get a few thousand beard accounts ..

ExchangeUSA cant be 2 yrs away .. Betfair will finally get some competition.
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Naffman
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I always thought people in NJ could place bets using Betfair legally for the past year?

If not what will change there?

Looks promising for everyone, especially Betangels software sub list ;)
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megarain
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I think advertising will go thru the roof.

Its a big difference, allowing betting with a USA land based boookie, to one in Costa Rica.
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Derek27
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I can't remember where I heard it but I understand Betfair invested in the US specifically to be in a position to lobby the US Government, so I suspect they will be quite active now.
mobius
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Joined: Wed Oct 18, 2017 10:15 am

There's an old interview on CNN, our colonial cousins differentiate between skill and chance for legal purposes.
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Euler
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Location: Bet Angel HQ

Derek27 wrote:
Mon May 14, 2018 7:51 pm
I can't remember where I heard it but I understand Betfair invested in the US specifically to be in a position to lobby the US Government, so I suspect they will be quite active now.
I've visited them several times in the US, they bought TVG
mobius
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Joined: Wed Oct 18, 2017 10:15 am

The Supreme Court ruled to let states legalize sports gambling. CNNMoney's Ahiza Garcia spoke to DraftKings CEO Jason Robins earlier this year about how the daily fantasy sports site could see a boost to its business because of the ruling.

http://money.cnn.com/video/news/2018/03 ... g.cnnmoney
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Naffman
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Joined: Sun Aug 11, 2013 5:46 am

Smarkets look to be heavily involved too

https://www.racingpost.com/news/latest/ ... -us/331472
mobius
Posts: 203
Joined: Wed Oct 18, 2017 10:15 am

Good Opportunity for Betangel. They've got the underlying engine. Just need to tart up the bodywork.
Bit like wrapping a Mustang (around a Rolls Royce Engine) but called a Packard V-1650 Merlin.

"But almost every student of the war knows the decision to re-engine the P-51 Mustang with the British-designed Rolls-Royce Merlin was one of the era’s great flashes of genius. "

https://www.defensemedianetwork.com/sto ... ld-war-ii/

You've got the product, you've got the team.

Go on Peter be a Genius
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cmuddle
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US allows sports betting. Does it open new doors to Betfair?


https://youtu.be/YSVQedCrlfc
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LeTiss
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Joined: Fri May 08, 2009 6:04 pm

I think everyday racing would struggle to get going, but I'm more interested in how the sports markets would fare - NFL, NBA, MLB, NHL, PGA would all see huge increases in turnover if the American market got involved
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