My 3 Pros & Cons of Legalized Sports Betting Ruling – Vic Monte

My 3 Pros & Cons on the Ruling of Legalized Sports BettingClick To TweetMy Take on Legalized Sports Betting

Just like the rest of gambling U.S.A I am fired up about the Supreme Court ruling to allow states to decided on sports gambling. It’s great on so many levels! Its obvious it will brings Jobs & State Tax Dollars. Racetracks can get a “Shot in the Arm”, they can fancy up areas of their establishment & make incredible sportsbooks for people to hang out, bet & watch games. All while selling a few beers & getting some extra novice money into the horse racing betting pools. It’s nothing but sunshine for business & state revenue, but with every uprising someone or something gets pulled down. Here are My Top 3 Things that Bother Me About Legal Sports Gambling.

 

Good Luck Getting 10-1 on a 4 Team Parlay

The government is greedy & needy of m0ney, they won’t be happy with 10 cents vig & hoping to split the action like Vegas. They’re going to want a huge chunk of this cash to line their pockets & pay for new roads, school, housing ETC., but that means we won’t get 10-1 on 4 Team Parlays & will almost always have to lay -120 on straight bet. Offshore sites will have incredible Bonuses & special offers, while street bookies can offer those $2,000 a week credit line accounts.

 

Lives Will be Ruined!

Its a fact that people will ruin their lives! Cigarette sales prove the government will allow sale of a deadly product as long as they can gain massive tax dollars. So they obviously won’t give a crap if John Smith gambles away his entire bank account, remortgages his house, gambles everything away! It Happens to people around the world everyday, now it is just easier & more accessible to bet, no more limits sending western union or your bookie shutting you down when you’re slow paying. These are called problem gamblers & I predict that we will see a massive amounts of average people losing hefty money, with big fallout’s,  betting legally. I preach to all my clients, always bet 2% to 5% of your entire bankroll & always have enough of a bankroll to sustain a losing streak, the amount of your bets increase or decrease according to your bankroll. You have to bet to invest or bet an amount you can afford to lose, sadly not everyone can do that.

 

Point Shaving & Massive Scheming

It’s goes back to the bible, Adam & Eve, temptation. Where there is money, there is greed. There have been many know scandals in sports history, The Black Sox Scandal,  Boston College Point Shaving in 1979, Benny Silman Arizona State point shaving scam & the list goes on! So who is going to regulate the games by Delaware State per say, how easy would it be for a small college team to shave points, while having a syndicate of friends running track to track, or spending all day betting a fix games. I make that statement assuming there will be a betting limit on a small college. That starts an age old debate, What is the Amount of a Max Bet? A $100 bet is a Massive bet for the local UPS driver, but a $2,000 bet is a small play for a wall street stock broker. How in the world will we keep the integrity of the game in tact, no one wants to bet on a fixed event, in the blind anyway.

 

 

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