Author Topic: The NBA wants a 1% cut on all bets to legalize gambling (among other things)  (Read 1820 times)

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Online Moranis

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Online Roy H.

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It should be a state issue.  There’s no reason NJ and other states should be barred from legalizing sports betting.  It’s a huge revenue stream.


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Offline mef730

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It should be a state issue.  There’s no reason NJ and other states should be barred from legalizing sports betting.  It’s a huge revenue stream.

Hear, Hear!

Mike

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Next they'll want 1% of our Tommy Points.

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I have no qualms with this. 


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Offline KGs Knee

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Couldn't care less.

Offshore online betting is easy and I don't have to leave my home.

Online Moranis

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Couldn't care less.

Offshore online betting is easy and I don't have to leave my home.
and if the NBA gets there way you won't have to leave your home either and it will be totally legal.
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Offline Eja117

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Well we know the refs are already doing it. I'm pretty sure nothing will go wrong

Offline liam

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Well we know the refs are already doing it. I'm pretty sure nothing will go wrong



Big time.

Offline mef730

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Well we know the refs are already doing it. I'm pretty sure nothing will go wrong

Nah, they're getting way more than 1%.

Mike

Offline bdm860

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Help me understand what's going on here. What does the NBA have to do with legalizing betting on games (but I don't really gamble so maybe I'm just missing the obvious)?

So I understand there's PASPA which limits sports betting to Nevada and a couple of other states.  So you can currently place bets in Nevada on any NBA game, right?  And the NBA doesn't get any cut from this, they have no involvement whatsoever in this, right?

So is the NBA just lobbying to make sports gambling legal nationwide, but lobbying under the condition that the new laws include a 1% "integrity fee" payable to the NBA to so they can properly monitor all the bets and make sure nothing shady is going on, even though we all know that 99.9% of that fee will just go into the leagues/owners pockets?

If betting becomes legal in other states, there's no real reason they'd have to give the NBA a cut, right?  Or is there some current or proposed law that says to create a sports book, you have to pay essentially a licensing fee?  Is the NBA (and other sports leagues) just using their power/influence to get their unnecessary cut written into law?

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sur tax on those wearing white socks to a basketball game !

Offline KGs Knee

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Couldn't care less.

Offshore online betting is easy and I don't have to leave my home.
and if the NBA gets there way you won't have to leave your home either and it will be totally legal.

Yes, but then I'd have to pay taxes on my winnings.

I'll pass. If Trump can skirt taxes so can I.

Offline Eja117

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If you're gonna tax winnings then you gotta give tax cuts on losings

Offline RockinRyA

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I could see this becoming an issue with some fans. For every bad call, fines and suspensions, fans are going to ask if the league is just doing it to control the bets.