football betting season
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football betting season
will legal sports betting put a dent in illegal gambling ?
Re: football betting season
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.
Re: football betting season
For new customers yes. For current customers that have been betting with a bookie I'd say not really.
Re: football betting season
Also have to pay taxes on legal gambling going through a bookie tax free
Re: football betting season
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.
Re: football betting season
Yes it will chip away at it every year .NewEnglandHere wrote: ↑Wed Aug 02, 2023 4:24 am will legal sports betting put a dent in illegal gambling ?
The average gambler is bettor off with the legal book
"if he's such A sports wizard , whys he tending bar ?" Nicky Scarfo