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Very Hot Topic (More than 25 Replies) Pandora’s Box: Legalized Sports Betting (Read 460 times)
Jasmine
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Pandora’s Box: Legalized Sports Betting
May 15th, 2018 at 5:29am
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So today the U.S. Supreme Court made a landmark decision that essentially allows states to legalize sports wagering. Until today, only Nevada had legal sports wagering. (Apparently, Congress passed some law prohibiting it years ago, but Nevada was “grandfathered” in.)

Would you like to see sports betting legalized in your state?

I can see the pros of legalizing sports gambling, but I also see the cons. The obvious benefit would be the added revenue it would bring. I read that around $150 billion is illegally wagered on sports every year. The pro-gambling argument is that getting even a slice of that amount would be an economic boon to the state.

I can see why the Supreme Court ruled the way it did. It’s a state rights issue.

But there are inherent dangers to gambling of any kind, and for that reason I hope Hawaii resists the economic temptation of sports betting. Currently, Hawaii is one of only two states that has  no legalized gambling whatsoever. I hope it stays that way.

One more question for you: If a state decides to legalize sports betting, how do you think it would impact local illegal gambling rings?
  


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Limey.
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Re: Pandora’s Box: Legalized Sports Betting
Reply #1 - May 15th, 2018 at 5:41am
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It’s been legal here for ever.


Like booze, it’s a personal freedom issue up until it starts affecting others.

Like booze, companies are free to offer it but some unpleasant manipulations of the market and of individuals occur when there’s a power imbalance.


If you googahoo about it in U.K. you’ll see (for once) a vision of your future from these shores instead of the other way round.
  

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Jasmine
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Re: Pandora’s Box: Legalized Sports Betting
Reply #2 - May 15th, 2018 at 5:56am
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Limey. wrote on May 15th, 2018 at 5:41am:
It’s been legal here for ever.


Like booze, it’s a personal freedom issue up until it starts affecting others.

Are you referring to addictions and their consequences, Limey? I worry about that, too. Compulsive gambling is a horrible addiction that can destroy families and individuals. In high school, I wrote a paper on the subject and interviewed a recovering compulsive gambler. He said he hopes Hawaii never legalized gambling in any form.
  


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Limey.
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Re: Pandora’s Box: Legalized Sports Betting
Reply #3 - May 15th, 2018 at 8:41am
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Jasmine wrote on May 15th, 2018 at 5:56am:
Are you referring to addictions and their consequences, Limey? I worry about that, too. Compulsive gambling is a horrible addiction that can destroy families and individuals. In high school, I wrote a paper on the subject and interviewed a recovering compulsive gambler. He said he hopes Hawaii never legalized gambling in any form.



Mostly the compulsive gamblers, yes.

Obviously primary responsibility is with the individual concerned.

However, when betting companies devise aggressive marketing for gambling, and design betting systems with a lot of hard science behind their tendency towards compulsion, the blame for problems begins to shift.

Another problem is cheating by sportsmen or criminals when big money is involved.


It all bears some thought.


As Grandad said, “it could do with a coat of thinking-over paint”.
  

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TowardLiberty
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Re: Pandora’s Box: Legalized Sports Betting
Reply #4 - May 15th, 2018 at 11:50am
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Jasmine wrote on May 15th, 2018 at 5:29am:
So today the U.S. Supreme Court made a landmark decision that essentially allows states to legalize sports wagering. Until today, only Nevada had legal sports wagering. (Apparently, Congress passed some law prohibiting it years ago, but Nevada was “grandfathered” in.)

Would you like to see sports betting legalized in your state?

I can see the pros of legalizing sports gambling, but I also see the cons. The obvious benefit would be the added revenue it would bring. I read that around $150 billion is illegally wagered on sports every year. The pro-gambling argument is that getting even a slice of that amount would be an economic boon to the state.


Is the additional revenue really a benefit?

To me that's a con. Why should we be happy at more resources getting put under government control?

The pro-gambling argument is people should be free to do what they want if they are not harming another.

Quote:
I can see why the Supreme Court ruled the way it did. It’s a state rights issue.

But there are inherent dangers to gambling of any kind, and for that reason I hope Hawaii resists the economic temptation of sports betting. Currently, Hawaii is one of only two states that has  no legalized gambling whatsoever. I hope it stays that way.


Freedom is messy.

We do all sorts of things that are bad for us whether it be leading a sedentary lifestyle or eating lots of junk food. Yet no one would propose making these sorts of choices illegal.

And for obvious reasons. Autonomy means having the right to make your own mistakes.
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One more question for you: If a state decides to legalize sports betting, how do you think it would impact local illegal gambling rings?

It would reduce their revenues and market share. Might even kill the business model.
« Last Edit: May 15th, 2018 at 12:01pm by TowardLiberty »  

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Re: Pandora’s Box: Legalized Sports Betting
Reply #5 - May 15th, 2018 at 11:56am
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I'm pretty much completely against gambling. 

But that's my personal opinion.

I have no problem with this.  The only place I have issues is when the state gets involved and starts sponsoring gambling such as is done in my state with "Video Lottery" bullshit.  It's so gross for the state itself to be trafficking in these vices.

Queshank
  

BowHunter wrote on Nov 30th, 2017 at 10:24am:
I am not aware of any article
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Re: Pandora’s Box: Legalized Sports Betting
Reply #6 - May 15th, 2018 at 12:42pm
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Queshank wrote on May 15th, 2018 at 11:56am:
I'm pretty much completely against gambling. 

But that's my personal opinion.

I have no problem with this.  The only place I have issues is when the state gets involved and starts sponsoring gambling such as is done in my state with "Video Lottery" bullshit.  It's so gross for the state itself to be trafficking in these vices.

Queshank

Well it will be state sponsored gambling, so you do have a problem with it.
  

Jasmine wrote on May 6th, 2018 at 7:43pm:
Yes, I heard about this. Just goes to show McLame’s true loyalties. Hopefully, Trump won’t go to his funeral very, very soon.


TowardLiberty wrote on Mar 29th, 2018 at 8:34pm:
I'll try but it might be beyond my ability. Insulting is "like 90% of what I do here."
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Re: Pandora’s Box: Legalized Sports Betting
Reply #7 - May 15th, 2018 at 12:58pm
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Jasmine wrote on May 15th, 2018 at 5:29am:
So today the U.S. Supreme Court made a landmark decision that essentially allows states to legalize sports wagering. Until today, only Nevada had legal sports wagering. (Apparently, Congress passed some law prohibiting it years ago, but Nevada was “grandfathered” in.)

Would you like to see sports betting legalized in your state?

I can see the pros of legalizing sports gambling, but I also see the cons. The obvious benefit would be the added revenue it would bring. I read that around $150 billion is illegally wagered on sports every year. The pro-gambling argument is that getting even a slice of that amount would be an economic boon to the state.

I can see why the Supreme Court ruled the way it did. It’s a state rights issue.

But there are inherent dangers to gambling of any kind, and for that reason I hope Hawaii resists the economic temptation of sports betting. Currently, Hawaii is one of only two states that has  no legalized gambling whatsoever. I hope it stays that way.

One more question for you: If a state decides to legalize sports betting, how do you think it would impact local illegal gambling rings?



The states will see a way of getting more money with out call it a tax.  They will get their cut first as always. 

Trust me Hawaii has gambling it just illegal right now.
  

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Re: Pandora’s Box: Legalized Sports Betting
Reply #8 - May 15th, 2018 at 12:59pm
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I'm surprised nobody has mentioned one of the big downsides: the potential to corrupt sports players, managers, team owners.

It's also rather ... tawdry ... like Trump ...

  

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Re: Pandora’s Box: Legalized Sports Betting
Reply #9 - May 15th, 2018 at 1:07pm
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Ulysses wrote on May 15th, 2018 at 12:59pm:
I'm surprised nobody has mentioned one of the big downsides: the potential to corrupt sports players, managers, team owners.

It's also rather ... tawdry ... like Trump ...





LOL  They have doing that for years, thanks to the Dem party.  Just look how they have corrupt all the big city's also.
  

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