It's over - no single-game betting in Delaware

[QUOTE=truushot;22044]I was referring to the players end of the deal. What I heard was that one guy's country was taxing him at 50 percent. Can't remember which. Our country would probably tax the books at some ridiculous rate and they would then be forced to either live with much smaller profits or raise the rates on US players. Maybe starting at -120 many books online are already offering terrible lines for US players in some sports. Many European books offer lines at much better rates for boxing then I get. If you where a dog better in boxing (loser) you'd always want to bet the books I use. For example, Klitschko is fighting at the end of the month TheGreek put their line up at -5000 to open. Last time, I checked, you can get him for -3300 at at least one European book. Obviously we aren't betting either of those lines, just making a point.[/QUOTE] OK, I see. Knowing this, then I think we can probably agree that even if the Fed jumps in to regulate and tax internet books, we're probably going to wind up getting gouged on prices. So, maybe we are better off now with the status quo?

[QUOTE=Cizzle;22046]OK, I see. Knowing this, then I think we can probably agree that even if the Fed jumps in to regulate and tax internet books, we're probably going to wind up getting gouged on prices. So, maybe we are better off now with the status quo?[/QUOTE] I'd agree, the only way the Fed gets away with it is to only allow books from the US to service US players. Then they would get sued in international court by other countries for trade infringement. Personally, even with the threat of worse lines, I hope they legalize it. The more options the better for me. I'm not trying to eke out profits on small edges.

[QUOTE=truushot;22047]I'd agree, the only way the Fed gets away with it is to only allow books from the US to service US players. Then they would get sued in international court by other countries for trade infringement. Personally, even with the threat of worse lines, I hope they legalize it. The more options the better for me. I'm not trying to eke out profits on small edges.[/QUOTE] Yes, another good point - if sports betting is legalized, maybe lines get looser due to higher volume, making JAX +3.5 (-120) a good bet, if, under the status quo, you would have paid the 10 cents to get the extra half point anyway. And, who knows...perhaps open competition in the market results in -110 prices anyway?

[QUOTE=Cizzle;22048]Yes, another good point - if sports betting is legalized, maybe lines get looser due to higher volume, making JAX +3.5 (-120) a good bet, if, under the status quo, you would have paid the 10 cents to get the extra half point anyway. And, who knows...perhaps open competition in the market results in -110 prices anyway?[/QUOTE] Let us hope so.