Sports betting on campus - Printable Version
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Sports betting on campus - BostonCard - 12-02-2022
What, I ask, could possibly go wrong?
https://www.wsj.com/articles/gambling-operators-push-sports-betting-at-collegesbut-not-to-students-they-say-11669815758
BC
RE: Sports betting on campus - Mick - 12-02-2022
Gambling in college is serious business. As it is commonly told, Dan Gilbert, owner of the Cleveland Cavaliers got his start as a bookie on the Michigan State campus. Gilbert was arrested with three others, over $114,000 that they had collected.
Gilbert has past arrest on gambling charge (espn.com)
A retired Detroit policeman, whose son was petrified of being beaten because of his gambling debts to Gilbert, thinks the money was much more than $114,000.
Retired Michigan police officer says Dan Gilbert's 1981 gambling operation was much bigger than Gilbert admits - cleveland.com
Dan Gilbert now owns Rocket Mortgage, net worth $51.9 billion. As I was leaving Detroit (in 2018), Gilbert had just purchased his 100th building in downtown Detroit.
RE: Sports betting on campus - newguy - 12-02-2022
(12-02-2022, 05:00 PM)Mick Wrote: Gambling in college is serious business. As it is commonly told, Dan Gilbert, owner of the Cleveland Cavaliers got his start as a bookie on the Michigan State campus. Gilbert was arrested with three others, over $114,000 that they had collected.
Gilbert has past arrest on gambling charge (espn.com)
A retired Detroit policeman, whose son was petrified of being beaten because of his gambling debts to Gilbert, thinks the money was much more than $114,000.
Retired Michigan police officer says Dan Gilbert's 1981 gambling operation was much bigger than Gilbert admits - cleveland.com
Dan Gilbert now owns Rocket Mortgage, net worth $51.9 billion. As I was leaving Detroit (in 2018), Gilbert had just purchased his 100th building in downtown Detroit.
and we still tell our kids that crime doesn't pay.
RE: Sports betting on campus - winflop - 12-03-2022
Back in the day, I helped run the Calcutta one year. If you know, you know.
We had our first $10K pot in 1986. I'd heard it grew over 10x before they got busted. Stanford Police knew about it for decades, but as long as it wasn't publicly advertised they let it be. Then one group of idiots posted flyers all over campus one year and they shut it down.
Chip.burns@glenborough.com - sunnyside sudser - 12-03-2022
Phogge will love this story.
Maybe 30 or 40 years or so at SI an enterprising young man ran a well funded NCAA hoops tournament pool. Word got back to the administration and he was called on the carpet for a stern talking to including threats of serious discipline. After being lectured for several minutes the student asked if they were aware of how many teachers and priests were in the pool. The disciplinary case was quickly and quietly closed. All names omitted to protect the innocent.
RE: Chip.burns@glenborough.com - Mick - 12-03-2022
(12-03-2022, 09:58 AM)sunnyside sudser Wrote: Phogge will love this story.
Maybe 30 or 40 years or so at SI an enterprising young man ran a well funded NCAA hoops tournament pool. Word got back to the administration and he was called on the carpet for a stern talking to including threats of serious discipline. After being lectured for several minutes the student asked if they were aware of how many teachers and priests were in the pool. The disciplinary case was quickly and quietly closed. All names omitted to protect the innocent.
SI. Figures... ;)
RE: Sports betting on campus - Spiny_Norman - 12-03-2022
(12-03-2022, 08:49 AM)winflop Wrote: Back in the day, I helped run the Calcutta one year. If you know, you know.
We had our first $10K pot in 1986. I'd heard it grew over 10x before they got busted. Stanford Police knew about it for decades, but as long as it wasn't publicly advertised they let it be. Then one group of idiots posted flyers all over campus one year and they shut it down.
I started the Toyon Calcutta in 1981. My lasting legacy at Stanford.
RE: Sports betting on campus - winflop - 12-03-2022
(12-03-2022, 03:25 PM)Spiny_Norman Wrote:(12-03-2022, 08:49 AM)winflop Wrote: Back in the day, I helped run the Calcutta one year. If you know, you know.
We had our first $10K pot in 1986. I'd heard it grew over 10x before they got busted. Stanford Police knew about it for decades, but as long as it wasn't publicly advertised they let it be. Then one group of idiots posted flyers all over campus one year and they shut it down.
I started the Toyon Calcutta in 1981. My lasting legacy at Stanford.
BRAVO! Had a lot of fun running it and participating in it
RE: Sports betting on campus - BostonCard - 12-19-2022
Feel like this fits the “how it started/how it’s going” or “shot/chaser” memes:
https://www.wsj.com/articles/problem-gambling-is-on-the-rise-among-young-men-11671388600
Shocking, I know, that the increased availability of gambling is leading to… more problem gambling. Yeah, gambling on campus is *really* going to help with that.
BC
RE: Sports betting on campus - 81alum - 12-19-2022
Fortunately, California voted down two sports-betting initiatives in November and all sports betting--online or in person--remains illegal here, horse racing excepted. You'll have to go to college in one of the 30 states that have legalized it to have this problem. (Of course, illegal betting can be found everywhere.) The vote was overwhelming--83% NO--even though the gambling industry spent more on their campaign than any other proposition in California history.
https://www.espn.com/chalk/story/_/id/34983440/california-overwhelming-votes-no-sports-betting
By the way, most of the Big 10 states have legal sports betting, so the USC and UCLA teams will be able to get off the planes on their away trips and plunk down some bets.
RE: Sports betting on campus - cardcrimson - 12-20-2022
(12-19-2022, 09:18 PM)81alum Wrote: Fortunately, California voted down two sports-betting initiatives in November and all sports betting--online or in person--remains illegal here, horse racing excepted. You'll have to go to college in one of the 30 states that have legalized it to have this problem. (Of course, illegal betting can be found everywhere.) The vote was overwhelming--83% NO--even though the gambling industry spent more on their campaign than any other proposition in California history.
https://www.espn.com/chalk/story/_/id/34983440/california-overwhelming-votes-no-sports-betting
By the way, most of the Big 10 states have legal sports betting, so the USC and UCLA teams will be able to get off the planes on their away trips and plunk down some bets.
Found it ironic that while CA voters downed both sports gambling initiatives, KGO dumped generations of news and news talk radio in favor of The Spread, 24/7 content devoted solely to sports betting. Most Bay Area sports talk shows spend at least one segment devoted to gambling, as well. Makes one wonder why, if sports betting is illegal in the state.
RE: Sports betting on campus - 81alum - 12-20-2022
(12-20-2022, 09:14 AM)cardcrimson Wrote:(12-19-2022, 09:18 PM)81alum Wrote: Fortunately, California voted down two sports-betting initiatives in November and all sports betting--online or in person--remains illegal here, horse racing excepted. You'll have to go to college in one of the 30 states that have legalized it to have this problem. (Of course, illegal betting can be found everywhere.) The vote was overwhelming--83% NO--even though the gambling industry spent more on their campaign than any other proposition in California history.
https://www.espn.com/chalk/story/_/id/34983440/california-overwhelming-votes-no-sports-betting
By the way, most of the Big 10 states have legal sports betting, so the USC and UCLA teams will be able to get off the planes on their away trips and plunk down some bets.
Found it ironic that while CA voters downed both sports gambling initiatives, KGO dumped generations of news and news talk radio in favor of The Spread, 24/7 content devoted solely to sports betting. Most Bay Area sports talk shows spend at least one segment devoted to gambling, as well. Makes one wonder why, if sports betting is illegal in the state.
Because Californians are betting at least $15.7 billion a year illegally, mostly online at sites in Latin America and the Caribbean that claim US law does not apply. Enforcement does not seem to be a very high priority.
Quote:“California state law is probably the broadest in the country” when it comes to restricting gambling, said I. Nelson Rose, a gambling law scholar and emeritus professor at Whittier College. “It makes it a crime — a misdemeanor — to accept, record or even make a bet on a sports event. Obviously, nobody ever gets arrested for making bets on sports events. But it’s clearly against the law.”
https://www.latimes.com/sports/story/2022-01-30/super-bowl-2022-betting-illegal-in-california
Since the 2018 Supreme Court ruling opened the floodgates to sports gambling, and since the spread of ubiquitous online gambling sites, the corrupting effects of gambling on sports cannot be far off. How many Black Sox scandals will we have--that one, buried in the last century, may seem like a blip compared with what is possible now. If present trends continue, will we always have to wonder whether one side or the other got rich by shaving points or throwing the game? How long will it be before it is not Nike but Caesar's that is sponsoring teams?