THE BLACK HAND FORUM

[quote=NewEnglandHere post_id=265295 time=1690975496 user_id=5234]
will legal sports betting put a dent in illegal gambling ?
[/quote]

Yes it will chip away at it every year .

The average gambler is bettor off with the legal book

[quote=aray22 post_id=265349 time=1691016916 user_id=7334]
For new customers yes. For current customers that have been betting with a bookie I'd say not really.
[/quote]

I agree. I think legalized gambling has brought in a lot of new customers. This probably only helps unregulated bookies though, because when these people get hooked and see all of the regulations and taxes, they will run to them.

Also have to pay taxes on legal gambling going through a bookie tax free

For new customers yes. For current customers that have been betting with a bookie I'd say not really.

Not that much, when you gamble legally, you give the money upfront for your bet, when you do it illegally, you do it basically on the promise that either you or the bookie will pay out in the end. A lot of people don't have money upfront, so they're gonna need to do it illegally.

will legal sports betting put a dent in illegal gambling ?