football betting season

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NewEnglandHere
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football betting season

Post by NewEnglandHere »

will legal sports betting put a dent in illegal gambling ?
luciang
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Re: football betting season

Post by luciang »

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.
aray22
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Re: football betting season

Post by aray22 »

For new customers yes. For current customers that have been betting with a bookie I'd say not really.
Dr031718
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Re: football betting season

Post by Dr031718 »

Also have to pay taxes on legal gambling going through a bookie tax free
KCMOb
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Re: football betting season

Post by KCMOb »

aray22 wrote: Wed Aug 02, 2023 3:55 pm For new customers yes. For current customers that have been betting with a bookie I'd say not really.
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.
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Stroccos
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Re: football betting season

Post by Stroccos »

NewEnglandHere wrote: Wed Aug 02, 2023 4:24 am will legal sports betting put a dent in illegal gambling ?
Yes it will chip away at it every year .

The average gambler is bettor off with the legal book
"if he's such A sports wizard , whys he tending bar ?" Nicky Scarfo
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