Ya think?
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Time to ban all gambling on the NFL or at the very least limit the bets to nominal amounts on the spread only.
Waaay too much money being betted.
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I think it is too late to stop. It seems like sports are all encouraging gambling now.
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I never really understood the "attraction" of gambling. Fortunately, I do not have an addiction personality, but I do know some people who do. It is pretty sad.
Re: the economics. I also dont understand when they (states, cities, etc) talk about how they will get all this extra money. To me, it is just moving the money from one place to another. If someone spends USD$100 on gambling, it is not as if they would not have spent that $100 somewhere else. It is almost always not "extra" money, it is money that they probably would have been spend in a store, restaurant, etc.
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Within 60 miles, there are three casinos. One is pretty large, by standards down here.
What you see when a casino first opens in an area where people didn't have one, is a lot of foot traffic and a lot of betting. As the new wears off, some people will drop by occasionally, especially if the food is decent and cheap. Go eat and lose a few bucks.
The problem comes with the addicts. These people will lose their savings, their cars and their homes.
Eventually, the addicts go bust. At that point, casino business slows down. It's old people playing cheap slots for entertainment and a cheap drink. There's always a few more suckers betting on bigger things, but (at least down here) there's not enough money raked in by the house to maintain all the original stuff.
Things I've noticed at the bigger casino:
- They had a buffet and three restaurants inside. They now have limited buffet hours and one restaurant/grill.
- Free drinks have become limited.
- The parking lot used to be pretty full. Now, it's about 1/4 of what it used to be
- Foreclosures in the area have gone down in the past five years or so.
- The quality of the entertainers on their circuit has gone down.
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https://www.nba.com/news/jontay-porter-banned-from-nba
The NBA announced today that Jontay Porter, a two-way player recently under contract with the Toronto Raptors, has been banned from the NBA. A league investigation found that Porter violated league rules by disclosing confidential information to sports bettors, limiting his own participation in one or more games for betting purposes, and betting on NBA games.
The league’s investigation found that prior to the Raptors’ March 20 game, Porter disclosed confidential information about his own health status to an individual he knew to be an NBA bettor. Another individual with whom Porter associated and knew to be an NBA bettor subsequently placed an $80,000 parlay proposition bet with an online sports book, to win $1.1 million, wagering that Porter would underperform in the March 20 game.
The league’s investigation also found that Porter limited his own game participation to influence the outcome of one or more bets on his performance in at least one Raptors game. In the March 20 game, Porter played only three minutes, claiming that he felt ill. Due to the unusual betting activity and actions of the player, the $80,000 proposition bet was frozen and was not paid out.
In addition, from January through March 2024, while traveling with the Raptors or Raptors 905, the Raptors’ NBA G League affiliate, Porter placed at least 13 bets on NBA games using an associate’s online betting account. These bets ranged in size from $15 to $22,000, for a total of $54,094. The total payout from these bets was $76,059, resulting in net winnings of $21,965. None of the bets involved any game in which Porter played. Three of the bets were multi-game parlay bets that included one Raptors game, in which Porter bet that the Raptors would lose. All three bets lost.
I was talking to a friend who was telling me that you can now start to bet on things other than the final score - like how many scores one particular person will get, how many XX things will happen in the first period, etc. It will make the gambling problem even worse I think and a lot more pressure on players.
