At track betting could be another source of income for Nascar Racing

StandOnIt

StandOnIt

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Could legal betting on NASCAR races come to Kentucky Speedway?
“To me, it comes down to this,” he said. “(If sports gambling becomes legal), somebody is going to be making huge money taking wagers on NASCAR races. We are incurring all the expenses of putting on those races. Why would we want to front all that expense only for other companies to make the (betting) money?”

http://www.kentucky.com/sports/spt-columns-blogs/mark-story/article159513154.html
 
Daytona and Talladega would be the biggest luck weekends around. Best bet is just throw all the drivers names in a hat and pick the winner that way.
 
Blaze88 said:
Daytona and Talladega would be the biggest luck weekends around. Best bet is just throw all the drivers names in a hat and pick the winner that way.
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Stenhouse is lucky his name has been drawn twice. I dont see plate tracks being that big of a lottery and if you have a driver that thrives at those tracks he'll have a good chance to win. Dale Jr. is a plate racer, he doesn't really perform well at other tracks but excels at Daytona and Talladega. Same with Stenhouse, hes proven he can win at those tracks.

As for betting at the track I'm all for it. I think its something that should be done and work just like horse racing. Might even get a few more oeople out to the track.
 
Simple Fan said:
Stenhouse is lucky his name has been drawn twice. I dont see plate tracks being that big of a lottery and if you have a driver that thrives at those tracks he'll have a good chance to win. Dale Jr. is a plate racer, he doesn't really perform well at other tracks but excels at Daytona and Talladega. Same with Stenhouse, hes proven he can win at those tracks.

As for betting at the track I'm all for it. I think its something that should be done and work just like horse racing. Might even get a few more oeople out to the track.
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I meant with picking who to bet on just drawn a name. Cause it's hard to really pick a winner there. It's a luck of the draw for fans.
 
It would be a terrible idea. There are already too many people, that think NASCAR manipulates the races, for, or against some drivers. Having NASCAR involved in the placing of bets, would be asking for trouble.
 
I can't pick winners any more, and the fastest car doesn't sit on the pole, so, count me out.
 
My driver had it won, but they ain't no way that they was ever going to let that happen......
 
You can pick the best car that should win, and have a good chance at predicting some domination.
But then the late caution resets hit, and destroy logical outcomes.
Might as well play the lottery.
 
Yogisd1 said:
It would be a terrible idea. There are already too many people, that think NASCAR manipulates the races, for, or against some drivers. Having NASCAR involved in the placing of bets, would be asking for trouble.
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Agreed. But the Supreme Court is supposed to take up a case in fall about gambling in all states. If they say it can be legal, it will happen at all tracks and in all sports. Some people think pro venues and racetracks will have on-site betting stations.
 
It would be a huge financial windfall if it came to be and Nascar controlled the lions share of the betting.
 
There are 18 state legislatures you'll have to get this past. We'll all be ashes in a Daytona wall niche before half of them even take it up.

Nothing to see here. Move along, folks.
 
For those that don't read the article but jack their jaws.

If the U.S. Supreme Court rules in favor of the state of New Jersey’s bid to legalize sports wagering, could some form of pari-mutuel wagering come to NASCAR venues such as Kentucky Speedway? Drew Hallowell NASCAR via Getty Images

Last month, the U.S. Supreme Court agreed to hear arguments in a case involving the state of New Jersey’s attempt to legalize sports betting at casinos and horse racing tracks in that state.

Garden State voters in 2011 Approved a non-binding referendum to allow sports betting. The following year, New Jersey Gov. Chris Christie signed a bill legalizing sports wagering in the state.


(Here is the problem..not 18 state legislatures:confused:) In response, the NCAA, NBA, NFL, NHL and Major League Baseball sued to block the New Jersey law.
 
StandOnIt said:
For those that don't read the article but jack their jaws.

If the U.S. Supreme Court rules in favor of the state of New Jersey’s bid to legalize sports wagering, could some form of pari-mutuel wagering come to NASCAR venues such as Kentucky Speedway? Drew Hallowell NASCAR via Getty Images

Last month, the U.S. Supreme Court agreed to hear arguments in a case involving the state of New Jersey’s attempt to legalize sports betting at casinos and horse racing tracks in that state.

Garden State voters in 2011 Approved a non-binding referendum to allow sports betting. The following year, New Jersey Gov. Chris Christie signed a bill legalizing sports wagering in the state.


(Here is the problem..not 18 state legislatures:confused:) In response, the NCAA, NBA, NFL, NHL and Major League Baseball sued to block the New Jersey law.
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Ok, i confess Gulity Jawjacker here......
 
StandOnIt said:
(Here is the problem..not 18 state legislatures:confused:) In response, the NCAA, NBA, NFL, NHL and Major League Baseball sued to block the New Jersey law.
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Nothing for those leagues to sue over until a state legalizes it, as NJ did.

If those leagues are so worried about gambling on their games, they can start by having their licensed media partners quit talking about point spreads and giving odds.
 
BobbyFord said:
The next gimmick designed to draw attention to a dying "sport."
Wreaks of desperation.
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The article focused just on the NASCAR implications, but the legislation / statutes under consideration apply to all sports.

Maybe they'll partner with local churches or Indian tribes and run bingo in the concourses?
 
Can not have any easily influenced drivers like Clint Bowyer on the track that could influence the outcome of the race for profit
 
Dover would be another logical place for a pilot program, as it already has a horse track on the inside wall and is fully fleshed out with parimutuel windows and machines for said purpose. I would bet on Nascar if it were legal in my state, but I like to place a bet in general and many sports fans do. That's just me and I neither advocate it nor advise against it. Delaware has been trying to get sports betting legalized for a long time.

The problem is my state already adopted casino gambling 13 years ago and demanded a $50 MM license fee for those casinos to operate slot machines...before they even put a shovel in the ground. Then they passed table games legislation which was another big license fee (I forget but in the 8 figs) We already had a well established lottery, and now they passed internet gaming and barroom gaming machines, which is going to slowly cannibalize the big casinos. There's a limit to what gambling will bring in, although it doesn't stop state governments from thinking it's an endless supply of money and voting accordingly on these things. If I were a casino owner though, I'd be thinking I got bait and switched. But that's the way it goes in that game, and they all knew it going in. Much of the whole thing was political back-scratching and you live/die by the sword. I'm not crying for casino owners. For a while though, PA was killing it on the east coast. They gutted Atlantic City..literally put their lights out in many cases and I have read articles where PA was even hurting Vegas. Then MD, OH, NY and DE all got casinos and now there's competition everywhere.
 
Bob said:
Dover would be another logical place for a pilot program, as it already has a horse track on the inside wall and is fully fleshed out with parimutuel windows and machines for said purpose. I would bet on Nascar if it were legal in my state, but I like to place a bet in general and many sports fans do. That's just me and I neither advocate it nor advise against it. Delaware has been trying to get sports betting legalized for a long time.

The problem is my state already adopted casino gambling 13 years ago and demanded a $50 MM license fee for those casinos to operate slot machines...before they even put a shovel in the ground. Then they passed table games legislation which was another big license fee (I forget but in the 8 figs) We already had a well established lottery, and now they passed internet gaming and barroom gaming machines, which is going to slowly cannibalize the big casinos. There's a limit to what gambling will bring in, although it doesn't stop state governments from thinking it's an endless supply of money and voting accordingly on these things. If I were a casino owner though, I'd be thinking I got bait and switched. But that's the way it goes in that game, and they all knew it going in. Much of the whole thing was political back-scratching and you live/die by the sword. I'm not crying for casino owners. For a while though, PA was killing it on the east coast. They gutted Atlantic City..literally put their lights out in many cases and I have read articles where PA was even hurting Vegas. Then MD, OH, NY and DE all got casinos and now there's competition everywhere.
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Well, at least Delaware isn't hypocritical about it. Here in SC, we have a state lottery that was introduced after video poker was made illegal. One of the arguments against video poker and now used against allowing other forms of gambling is it's 'immoral'. Apparently it's moral if the state is the bookie.
 
Charlie Spencer said:
Nothing for those leagues to sue over until a state legalizes it, as NJ did.

If those leagues are so worried about gambling on their games, they can start by having their licensed media partners quit talking about point spreads and giving odds.
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Those are for entertainment purposes only, silly.
 
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