Supreme Court paves way for legal sports gambling, some think this is a big deal for NASCAR

I don't know what was in Jeff's coffee this morning. I live in the same city he does, so whatever he's drinking, I'm going to seek it out, sounds fun. He and a few other media figures are running wild with what NASCAR can do to make wagering central to the sport.



I pretty much abhor gambling. Not on moral grounds, but because I think it is a silly waste of money. If others like it and don't abuse it, that doesn't really bother me. Does anyone else connect with this vision of NASCAR betting windows and such?
 
I'm too cheap to gamble. For me, there's no bang for my entertainment buck. How others choose to spend their money is up to them.

Disclaimer: I think a state-run lottery is a tax on the statistically challenged, imposed by hypocritical politicians without the spines to enact a stable, broad source of funding but somehow philosophically opposed to privately operated gambling for profit..
 
Personally, I don't bet. I'm more than likely to loose.

I know others that do and they really get into doing so. Sure, I think there are people that would bet on NASCAR events that may not otherwise follow the sport. I don't understand how it would be a bad thing even though I don't plan on taking part in it.
 
Posted this in the Random thread (@TexasRaceLady can move it here), but Adam Stern said it was not a priority for NASCAR and the RTA as of recently.

I think it's good people will have the ability to do as they please going forward, and I do think it represents an opportunity for NASCAR that they should look at capitalizing on. That said, also not really of personal interest to me (football pick 'em and NCAA bracket pools are about it for me). And sure as hell not something I would want NASCAR to stop the races for. There should be plenty of different pre-race bets to lay down money on.
 
Unless they were to open pari-mutual betting at the track, I don’t see how it impacts Nascar at all. And I just don’t see that Nascar would want to turn into that kind of business.
 
I love it and I'm all for it. NASCAR says it may be low on the priority list but they are watching intently. I play Draftkings all the time and it adds a lot of excitement with me and some friends so I could imagine being able to bet at the track will increase attendance and move the excitement needle a bit.
 
This could really boost NASCAR, but idk how likely it is to do so. Fantasy football and March madness are examples of the potential this has to really help out, but the court of public opinion sees football and college basketball as more entertaining anyways.

We'll see, it sure can't hurt.
 
superchuck500 said:
Unless they were to open pari-mutual betting at the track, I don’t see how it impacts Nascar at all. And I just don’t see that Nascar would want to turn into that kind of business.
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I don't see how betting at the track would help. Horse racing has had it for decades and yet it has almost no national following. Other than the Triple Crown, is it available on TV other than a couple of specialized satellite networks? Is anyone building new horse racing tracks, or increasing capacity and adding events at existing ones? Frankly, horse racing doesn't have the cleanest reputation; would NASCAR want to devote resources to the continuous pre-emptive defense of its standards?

What's different about NASCAR that wagering (at the track or on line) would benefit the sport in ways it hasn't benefitted the ponies?
 
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I bet and play DFS and enjoy it a lot. I don't think this would bring spectators to the actual race however. I think that if people are there they will bet. NASCAR is unlike horse racing in that at a horse race people go and the betting thing is almost a prerequisite of attending the horse race. NASCAR is not that way. I guess it could become that way, but I think it will be popular on the bigger races.
 
They didn't mention Nascar. Must be why Nascar and the RTA had it low on their priority list. I'm sure bettors can figure a way, but it isn't one team against another.

It was a defeat for the National Collegiate Athletic Association and the four major professional sports leagues — baseball, football, basketball and hockey — that had blocked New Jersey in lower courts. Several of them issued statements urging a federal solution.

https://www.usatoday.com/story/news...own-ban-sports-betting-new-jersey/1053022001/
 
Charlie Spencer said:
I don't see how betting at the track would help. Horse racing has had it for decades and yet it has almost no national following. Other than the Triple Crown, is it available on TV other than a couple of specialized satellite networks? Is anyone building new horse racing tracks, or increasing capacity and adding events at existing ones? Frankly, horse racing doesn't have the cleanest reputation; would NASCAR want to devote resources to the continuous pre-emptive defense of its standards?

What's different about NASCAR that wagering (at the track or on line) would benefit the sport in ways it hasn't benefitted the ponies?
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I'd wager to say a few million more will bet on the race then will the ponies and certainly more often. If NASCAR can tap in to this its a complete new revenue source.
 
gnomesayin said:
I don't know what was in Jeff's coffee this morning. I live in the same city he does, so whatever he's drinking, I'm going to seek it out, sounds fun. He and a few other media figures are running wild with what NASCAR can do to make wagering central to the sport.



I pretty much abhor gambling. Not on moral grounds, but because I think it is a silly waste of money. If others like it and don't abuse it, that doesn't really bother me. Does anyone else connect with this vision of NASCAR betting windows and such?
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I suppose it could become like horseracing, with more angles, but I see problems arising from that. Much more opportunities to cheat and maybe throw a race.
 
Spotter22 said:
I'd wager to say a few million more will bet on the race then will the ponies and certainly more often.
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I don't doubt that more will be bet on NASCAR than horses. My point was that legal, at-the-track wagering over the last several decades hasn't made horse racing into sport popular with the general public. Is there reason to think it will raise NASCAR's popularity with the majority of casual fans who don't bet?

More often? Why won't it just be like the NCAA tournament, the only time casual fans pay attention to basketball? Their interest in that sport begins and ends with a $10 workplace pool completed with the assistance of a tossed quarter, and promptly forgotten when the tournament ends regardless of their success. They'll pick a driver they've heard of, bet on him in the D500 or Brickyard, and have to be reminded of his name when the first stage ends.
Spotter22 said:
... If NASCAR can tap in to this its a complete new revenue source.
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I dunno about the advisability of that. Is there any other sporting sanctioning body that taps into gambling as a revenue source? Doing so strikes me as giving the appearance of fixing, if not leading to actually rigging the outcomes for fun and profit.
 
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I knew this would happen. Ever since they built the track with the casino on the property, you had to know it was coming. You already have people complaining that NASCAR is fixed. (I know it's not) Can you imagine what it might be like if they do this. Boxing is almost dead because of that very reason. Why would you risk the future of the sport, unless you are 100% sure it is dying? (it isn't dying, it's contracting) They say this is low on the list of NASCAR, and the RTA. They have also told us that NASCAR had no interest in being sold.
 
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So, when will TN (lottery tickets first sold in 2004), and NC (lottery tickets first sold in 2006), will get around to legalized gambling in what year? :p I bring it up as I don't see this effecting any races in NC for the foreseeable future and TN might be a bit iffy.:D
 
Towmater said:
So, when will TN (lottery tickets first sold in 2004), and NC (lottery tickets first sold in 2006), will get around to legalized gambling in what year? :p I bring it up as I don't see this effecting any races in NC for the foreseeable future and TN might be a bit iffy.:D
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If sports gambling is legalized in a state, It will be possible to wager on races in that state regardless of gambling's legality in NC, TN, or any other race-hosting state. Vegas sports books already take bets on all Cup races, along with other racing-related wagers.
 
It is probably a big deal around here. They took out the sprint car track at the fairgrounds and put in a horse track. After they got it built, they were told they could only race when the fair was there and they could only race quarter horses and not thoroughbreds. Same thing to another track down the road around 30 miles from that one.
 
Charlie Spencer said:
If sports gambling is legalized in a state, It will be possible to wager on races in that state regardless of gambling's legality in NC, TN, or any other race-hosting state. Vegas sports books already take bets on all Cup races, along with other racing-related wagers.
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yeah but if you are going to build a casino or a racetrack it matters. At track betting.
 
This will make FOX Sports happy, Draft Kings is one of their sponsors, and they push it each week during Race Hub.
 
Charlie Spencer said:
Well, at least a casino. Who in their right mind would build a race track these days?
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I just wrote about two of them a couple posts up. Built without any guarantees, one is supported by taxpayers and the other Will Rodgers Downs in Claremore went broke until the Indians bought it and put in a casino along with the quarter horse racing.
 
Charlie Spencer said:
I don't doubt that more will be bet on NASCAR than horses. My point was that legal, at-the-track wagering over the last several decades hasn't made horse racing into sport popular with the general public. Is there reason to think it will raise NASCAR's popularity with the majority of casual fans who don't bet?

More often? Why won't it just be like the NCAA tournament, the only time casual fans pay attention to basketball? Their interest in that sport begins and ends with a $10 workplace pool completed with the assistance of a tossed quarter, and promptly forgotten when the tournament ends regardless of their success. They'll pick a driver they've heard of, bet on him in the D500 or Brickyard, and have to be reminded of his name when the first stage ends.

I dunno about the advisability of that. Is there any other sporting sanctioning body that taps into gambling as a revenue source? Doing so strikes me as giving the appearance of fixing, if not leading to actually rigging the outcomes for fun and profit.
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See the NFL and NBA, hell you had refs fixing games in the NBA.
 
Best case scenario..Nascar will see a bump in media coverage, viewership, attendance, social media and word of mouth for a select few events.
The biggDaytona and Talladega races
 
StandOnIt said:
I just wrote about two of them a couple posts up. Built without any guarantees, one is supported by taxpayers and the other Will Rodgers Downs in Claremore went broke until the Indians bought it and put in a casino along with the quarter horse racing.
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My apologies for not making myself clear. I'll try again.
Who in their right mind would build an auto racing track these days?
fordfan said:
Best case scenario..Nascar will see a bump in media coverage, viewership, attendance, social media and word of mouth for a select few events.
The biggDaytona and Talladega races
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I cannot think of a bigger sucker bet than Daytona or Talladega.
 
Charlie Spencer said:
I cannot think of a bigger sucker bet than Daytona or Talladega.
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Thats the beauty of it though... dont think those who place bets on horse racing have any idea what theyre doing..

basically its
"$100 on..uhhh..idk.. matt debeniwhats his face"

---------- so you want $100 on matt kenseth, correct?

"yeah, that guy...matt kenseth. Thank you"
 
According to last nights news the R I legislature has already passed the bill and the gov says she'll sign it.
 
Charlie Spencer said:
If sports gambling is legalized in a state, It will be possible to wager on races in that state regardless of gambling's legality in NC, TN, or any other race-hosting state. Vegas sports books already take bets on all Cup races, along with other racing-related wagers.
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You misunderstood what I stated. My point was that in TN or NC it won't matter. Neither is likely to legalize gambling anytime soon and to highlight that I pointed out that both were very late to the game when it came to legalizing the lottery. Some might think that betting on racing in NC or TN might be good for NASCAR. Maybe it will or maybe it won't be. However, noting the history we aren't going to find out anytime soon.
 
Towmater said:
So, when will TN (lottery tickets first sold in 2004), and NC (lottery tickets first sold in 2006), will get around to legalized gambling in what year? :p I bring it up as I don't see this effecting any races in NC for the foreseeable future and TN might be a bit iffy.:D
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That's interesting, as I did not previously know that gambling was still quite such a nonstarter in those states. It seems true of South Carolina and other surrounding states as well.

Some of the articles I have read suggest that Congress could decide to pass federal regulations to govern sports betting nationally. The sports leagues are going to push for this, as they would rather deal with uniform rules than different ones from state to state. We'll see.
 
gnomesayin said:
That's interesting, as I did not previously know that gambling was still quite such a nonstarter in those states. It seems true of South Carolina and other surrounding states as well.
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SC passed a law within the last few years so it's no longer illegal for people to hold their weekly poker games at home.

Gambling is a vice and a moral sin, don't cha know? Except when it's the state's own lottery, or church bingo. :p
 
Towmater said:
You misunderstood what I stated. My point was that in TN or NC it won't matter. Neither is likely to legalize gambling anytime soon and to highlight that I pointed out that both were very late to the game when it came to legalizing the lottery. Some might think that betting on racing in NC or TN might be good for NASCAR. Maybe it will or maybe it won't be. However, noting the history we aren't going to find out anytime soon.
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So they will choose to miss out on the taxation of betting on all sports, not just NASCAR. NCAA basketball and football are huge in NC and TN, so you think they will miss the train? We will see. NC is running record budget deficits and they won’t sit on the sidelines for long, unless they have idiots running their state who don’t want to at least appear like they’re trying to fix their deficit.
 
spindoc said:
So they will choose to miss out on the taxation of betting on all sports, not just NASCAR. NCAA basketball and football are huge in NC and TN, so you think they will miss the train? We will see. NC is running record budget deficits and they won’t sit on the sidelines for long, unless they have idiots running their state who don’t want to at least appear like they’re trying to fix their deficit.
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I lived in NC during the years that lead up to the legalization of the lottery. I'm not going to write about the reasons why it took so long for it to become legal. A quick search will lead you to the debate surrounding the issue(s). I'm not sure if that would get the thread moved to the Podium so I won't elaborate further. Those same issues will pop to the surface if the there is a movement to legalize gambling there.
 
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