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The REASON WHY sports gambling will be the biggest gold rush in all of gaming/gamblin
In a word. OVERHEAD.
Takes a lot of money to keep up a racetrack, and horses are expensive, too much of a SENIORS CROWD in those sports.
Takes a lot of money to maintain a CASINO (as Trump found out)...and again, those busses are loaded with small time bettors, the silver haired crowd.
But the mobsters and gangsters have always made BIG money from sports betting, go back a 100 years to the World Series (Say it ain't so Joe)...and Shoeless Joe and the fix.
Millions of tax free dollars collected at bars, clubs and neighborhood joints with the football betting sheets, where a one dollar bet could give you 500 bux, seldom does, but hope springs eternal.
But SPORTS BETTING is about to explode. At first in a controlled way, and they're still figuring it out, some states may use existing lottery machines for the Sports Wagers, others will have OTB places. And there will always be Joe the Bartender with his bet slip.
But the attraction for the states is: it is something ALREADY happening. No need to build, maintain a big building. NO need to find a market.
SEE, people have been betting on sports for decades, until now, only LOSt VEGAS has cashed in. NY, NJ, et al, ask, why let them get all the money?
And you are standing witness to what may become the largest gaming operation in history, with historic numbers of players being introduced to the allure of betting on your fav team.
It has been a long time coming, but will accelerate at unheard of speed, simply because a bean counter has proven it is cheaper to run a card through a computer than to feed, shelter and care for horses...or slot machines.
It is an economic windfall for the states which set it up, I expect more OTB type places in the mom and pop little convenience stores, maybe even with machines like electronic slots where you could gamble your social security away betting on whether LeBron scores 40 points or not.
Now, as an INFOpreneur, I won't be placing any wagers, per se, but I will bet a little time and outsource some information development to create some tools for the onslaught to come, but then I could be wrong. Was once, and now I'm a divorced man. See? Even I get it wrong once in awhile.
A bet slip VS. tracks, stables, hay, casinos, slots, cards, infrastructure...all you need is a willing bettor...and there is no shortage of those. Come, let's sell some tools.
Some articles of interest. Get your copy of THE BEGINNER'S GUIDE TO SPORTS BETTING, and how to cash in without wagering a dime. email@example.com
Last edited by GordonJ : May 16, 2018 at 01:11 PM.