The Impact of Legalized Betting on Sports

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LanceyHoward

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This is an article about Tony Dungy considering leaving broadcasting because he is concerned about the influence gambling is having on broadcasts.

Tony Dungy Hints Gambling Ads May Drive Him Away From NFL - InsideHook

Tony Dungy is a very devout Christian. While I very much admire Dungy he is something of a Puritan. But with the advertising dollars pouring in the presentation of sports is going to change. I used to like to listen to the Mike Lombardi podcast but now it spending a lot of time on best bets and over/unders, whicha re irrelvant to my life.

And I subscribe to Fubo television. My understanding is that their business plan is to go into interactive gaming. So when I watch a game there will be a continuous stream of bets to be offered. Even now win probabilities are continually updated during broadcasts. It is therefore possible easy to convert those probabilities to an interactive, on-line betting service.

So when we watch a football game there will be streaming odds at the bottom and announcers offering their opinion on the best prop bet remaining. Watching sports will be like watching horse racing.
 
The leagues know where future money will come from. It won't be PSLs and $15 beers, but a vig on bets. While I'm a big horse racing fan, I've been shocked at the number of sports book app ads I've seen on football games this season - especially because they are only legal in 10 or 12 states.

The coverage angle will be interesting to watch. A buddy in DC says one of the local TV stations doesn't have a true sports cast any longer - just anchors talking about the betting lines.
 
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Part of Dungy's complaint in that story was about fantasy football, but that's been big for decades. When he was coaching the Bucs, I'm sure he got asked at the coffee shop if he could get Mike Alstott an extra touchdown for some guy's fantasy team.

What we're in right now is a gold rush for the betting industry, as they're spending money like crazy to try to make money from new customers. I drove to work today and passed a city bus that was completely wrapped in an ad for Caesars Sportsbook. If you're a sports fan that's anti-betting then you're going to be miserable for a while. But I would argue -- social issues aside -- that this time is doing more good than harm when you consider these companies' spending and hiring and how they're creating jobs elsewhere.
 
They’ve certainly saved the bacon of a bunch of people in our industry. Trey Wingo to Caesars certainly doesn’t happen before the SCOTUS ruling, and probably doesn’t even happen two years ago. The ball is rolling, quickly.
 
They’ve certainly saved the bacon of a bunch of people in our industry. Trey Wingo to Caesars certainly doesn’t happen before the SCOTUS ruling, and probably doesn’t even happen two years ago. The ball is rolling, quickly.

The same Trey Wingo who once tweeted that betting on the NFL preseason is foolish and only for degenerates. If people lose jobs all the time based on bad old tweets, then that should have kept him from a job with a bookie.
 
All I know is I wish I'd put some coin on the hot tip we had here re: Mike Richards winning the Jeopardy! job.
 
I'm very active in betting and even I think the ads are over the top. My Twitter feed is a constant barrage of sportsbook ads. That said, any time I go out to my bar to watch games, I hear random youngs talking about their parlays and what not. As discussed on the betting thread, FanDuel and DraftKings especially are counting on getting the type of people who like to bet on longshot parlays to buy in, morseo than getting the sort of sharps that already existed. It's not going anywhere.
 
Dungy is why I can’t stand the halftime show. He projects just so much self-righteousness it’s sickening. Especially in light of the matters identified above. He’s the last guy I’m looking for guidance.
 
It wasn't that many years ago that the NFL made the people cover the betting kiosks at Wembley Stadium when they played those London games.
 
The same Trey Wingo who once tweeted that betting on the NFL preseason is foolish and only for degenerates. If people lose jobs all the time based on bad old tweets, then that should have kept him from a job with a bookie.

His tweet about the steak was his undoing. I seriously believe that. He became a punchline after that.
 
Ask dudebro-douche Pat McAfee.

The perfect avatar for MAGA idiocy and the modern NFL.
 
Part of Dungy's complaint in that story was about fantasy football, but that's been big for decades. When he was coaching the Bucs, I'm sure he got asked at the coffee shop if he could get Mike Alstott an extra touchdown for some guy's fantasy team.

What we're in right now is a gold rush for the betting industry, as they're spending money like crazy to try to make money from new customers. I drove to work today and passed a city bus that was completely wrapped in an ad for Caesars Sportsbook. If you're a sports fan that's anti-betting then you're going to be miserable for a while. But I would argue -- social issues aside -- that this time is doing more good than harm when you consider these companies' spending and hiring and how they're creating jobs elsewhere.
I don't think that sports betting will do much for the economy. Yes, it will expand an industry and the Trey Wingo's of the world will get jobs. But the money spent on gambling will be money not spent on something else, like trips to the local casino or to to a local restaurant. Sports gambling will not expand the total productive capacity of the country and in the end it will be a wash. And I say that as someone who supports legalization.
 
I don't think that sports betting will do much for the economy. Yes, it will expand an industry and the Trey Wingo's of the world will get jobs. But the money spent on gambling will be money not spent on something else, like trips to the local casino or to to a local restaurant. Sports gambling will not expand the total productive capacity of the country and in the end it will be a wash. And I say that as someone who supports legalization.

I don't disagree. Just crazy to think that the day will come when it's just another leisure activity in every state. Well, maybe not Utah.
 

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