Six to 10 states could have sports betting programs by Week One

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The floodgates are open, but it may take a little time for the water to get through.

In the immediate aftermath of the Supreme Court ruling that paves the way for states to adopt sports wagering, a sports media executive with knowledge of the overall betting landscape and dynamics has predicted to PFT that six to 10 states will have sports betting programs in place before the NFL regular season begins.

With sporting events happening virtually every day, any delay results in money being lost. That’s why states like West Virginia were wise to adopt a sports wagering bill before the Supreme Court decision (but will be the opposite of wise if it wedges a money-for-nothing “integrity fee” onto the bill).

Eventually, most if not all states will get in on the act, especially as they start to see how sports wagering performs in states that have it. The looming explosion of wagers on all forms of sports should result in a major uptick in interest in these sports. This could make gambling, as the executive described it, the biggest development in sports media in our lifetime.

30 responses to “Six to 10 states could have sports betting programs by Week One

  1. If they can’t do it In person , they will do it online . States might as well profit from it .

  2. I think before any new state ever get it going the law makers in each state will first have to figure how they can manipulate the numbers so their pockets stay full.

  3. I don’t bet on sports ( I’m horrible at it) so I can’t say if this a good or bad idea. Legal or not, people are going to bet I do have a lot of friends that bet and doubt they will change who they bet with. If a casino is in an area where their pro team is doing good , the casino could take a bath just on straight up bets alone. I’m about the worst judge of sports betting there is. I agree with Mike. Local casinos with pro teams really could get hammered

  4. nobledictator1278 says:

    May 14, 2018 at 12:06 pm

    I can hear folks already talking about not having gov in lives of people. But this seems like such a slippery slope. This feels like a pandora’s box to me.

    I live in Michigan and there are 3 state regulated Casino’s in the City OF Detroit, and there are 19 Native American run Casino’s as well. You literally can not drive an hour without seeing a Casino here. Not to mention the fact that every store sells lotto tickets, that there are still some horse tracks that along with bars have ” charity ” card rooms. Also, the fact that sports gambling happens ALL THE TIME either online offshore, or with traditionally illegal bookies.

    Or, you can drive from downtown Detroit over the border to Windsor Ontario and go to Casino Windsor that has a sports book already.

    If ALL gambling were illegal, maybe an argument against sports gambling would hold water.

  5. Two bets I have routinely cashed over the years:
    Pittsburgh Home Opener laying the points and the Yankees at home on Sundays. Prob a 9-% strike rate. Can;t wait until Cali opens the books.

  6. So, instead of other game scores on the crawler at the bottom of the TV screen you will see betting odds on the next play in the game? How fun!

  7. Cali needs money? In what universe do you live in? They have one of the top 7 economies IN THE WORLD!!!

    guyjuneguyjune says:
    May 14, 2018 at 12:33 pm
    Cali next up to get their ‘piece of the action.’ Cali needs money. The wagering will further destroy the game.

  8. In England there is a betting shop / bookmakers on every corner.

    It is very profitable and the house always wins. So no worries about the local casino taking a bath. They just need to figure out the odds correctly.

  9. Please, just call up Vinny from down the block to call in his buddy to take your bet. Just make sure you pay up on time, Vinny knows some bad dudes that do bad things

  10. If you are are currently betting illegally, there is no incentive to switch legally when you would have to pay taxes on anything higher than 600 dollars.

    Why would you go to the state and get taxed at the end of the year on your winnings.

    But for all the ones who do not bet illegally, it would be adventageous.

  11. Its sbsolutely stupid for some states to allow, yet other states not allow. This should be a Federal decision. I am so sick of some states ideologies screwing citizens

  12. California will have a hard time passing this through. The indian casinos will fight it and say they will lose revenue. Same as online poker. Unless the tribes get to put sports books in their casinos and have some sort of exclusivity.

  13. So do they kick the FG to pad their lead or go for the 6 to cover the spread …

  14. Iknowitall says:
    May 14, 2018 at 2:42 pm

    Its sbsolutely stupid for some states to allow, yet other states not allow. This should be a Federal decision. I am so sick of some states ideologies screwing citizens
    ————————-

    The Feds already decided and they decided that only Nevada could have sports gambling. So much for fairness.

  15. sirjoeshmoe2015 says:
    May 14, 2018 at 12:28 pm
    I think before any new state ever get it going the law makers in each state will first have to figure how they can manipulate the numbers so their pockets stay full.

    If they can’t figure out how to make money off of it, they’re brain dead.

    Literally. Brain dead.

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