Gambling

In Time for the NBA Finals, Delaware Wins Race to Offer Sports Betting

At 1:30 p.m. Tuesday, the state's three casinos will begin accepting single-game bets.

|

Caro / Sorge/Newscom

Just three weeks after the U.S. Supreme Court cleared the way for states to legalize sports betting, Delaware will be the first place outside of Nevada to allow bettors to wager on the outcome of individual games.

At 1:30 p.m. Tuesday, the state's three casinos will begin accepting single-game bets on football, baseball, auto racing, basketball, hockey, soccer, and golf. With Game 3 of the National Basketball Association's championship series set for Wednesday night, that figures to be the first hot ticket.

For now, gamblers will have to make in-person bets at the casinos. According to the Associated Press, Delaware Lottery Director Vernon Kirk said that a mobile application that will allow people in Delaware to partake in sports betting remotely is in the works.

Delaware won the race to be the first state to offer sports betting even though it was New Jersey that brought a challenge against the Bradley Act, the 1992 federal law that prohibited states from legalizing those wagers. The Supreme Court ruled last month that part of the Bradley Act violated the 10th Amendment, freeing states to make their own rules regarding sports betting.

Since 2009, Delaware has offered parlay wagers—where a bettor must correctly predict the outcome of multiple games in order to win—on professional football matches through the Delaware Lottery, which provided the necessary regulatory and technological infrastructure for the speedy expansion of legal gambling in Delaware. In anticipation of the state's legalization efforts, the state lottery published a betting guide that covers everything from procedures to definitions of relevant terms.

The arrangement used to divvy up the revenue from the parlay wagers will be the same one used for the new betting system. Once the winners have been paid, Scientific Gaming, which is the contractor that runs the Delaware Lottery, will receive a 15.66 percent cut of what is left. From the remainder, 50 percent goes to the state, 40 percent to the casino, and 10 percent goes to the coffers of the horse-racing industry. During fiscal year 2018, Delaware raked in about $9 million.

It is uncertain, however, if opening up more sports betting options will yield a significant boost to state revenue.

"You need a lot more gaming to generate the same amount of revenue," said state Finance Secretary Rick Geisenberger, according to the AP. This is largely because parlay wagers have a much higher net take than the single-game wages that will now be permitted—around 25 percent compared to close to 5–6 percent.

Delaware is not the only state with legislators itching for sports wagers. Pennsylvania, New Jersey, Connecticut, Mississippi, and West Virginia have all recently passed bills that would permit expanded sports gambling. In the meantime, we can be sure that state legislators will have their eyes on Delaware.

NEXT: Meet the New Federal Crypto Czar: Reason Roundup

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

  1. In time for the NBA finals? “With Game 3 of the National Basketball Association’s championship series set for Wednesday night, that figures to be the first hot ticket.”, like really?!

    I suppose that may be technically accurate, but the really big game is on Thursday night.

    Here’s a Remy video from ten years ago you may not have seen, Mr. Gillespie:

    https://www.youtube.com/watch?v=IlWrx7M2EOU

    I always knew there was something I liked about Remy.

    1. NHL Hockey is the most exciting sport in the world…..Next to Irish Hurling of course!

      I would love to see The Great 8 get his ring!!!!!

      GO CAPS GO!!!!!

  2. For once I’m fine with no one mentioning the NHL Stanley Cup Finals are also happening.

    1. Vegas has run into a brick wall. They look a bit stunned.

      1. The Caps are being set-up for a collapse.

        1. Oh, if only that were true.

          1. If they do collapse, you can gloat to John.

            1. I don’t gloat, although I do privately enjoy.

              1. We call that gloating with God.

          2. If they do, you can gloat to John

        2. Anything is possible in sports, that is why the bookies (now, the Govt.) usually win!

      2. Vegas has the speed over the Caps, but the game is more than just who can skate the fastest…..Wash is better coached & has more higher skilled players!!!

  3. What is the “NBA”?

    It sounds like bad reality TV.

    1. Except for watching Le Bron play basketball, it is!

  4. So, bet can only be placed with the three casinos? Sound like taxi medallion scam all over again?

    Once the winners have been paid, Scientific Gaming, which is the contractor that runs the Delaware Lottery, will receive a 15.66 percent cut of what is left. From the remainder, 50 percent goes to the state, 40 percent to the casino, and 10 percent goes to the coffers of the horse-racing industry.

    So the only casino gets 33.74%. I wonder if that will be enough for them to offer 110-100 bets?

  5. Delaware will be the first place outside of Nevada to allow bettors to wager on the outcome of individual games.

    Ah, but can bettors wager on the kneeling of individual players?

  6. Pennsylvania, New Jersey, Connecticut, Mississippi, and West Virginia have all recently passed bills that would permit expanded sports gambling.

    Where’s Illinois and New York on the list? You’d think such a rich vein of graft and corruption would attract those people, but maybe there’s an already-entrenched organization that has a vested interest in seeing to it that sports gambling stays a black market in Chicago and New York? I’m not sure why Louisiana isn’t right there with Mississippi, though, they rank pretty high on most corruption lists. .

    1. Requires a constitutional amendment in NY.

  7. Five bucks says the Smails kid picks his nose.

  8. I essentially started three weeks past and that i makes $385 benefit $135 to $a hundred and fifty consistently simply by working at the internet from domestic. I made ina long term! “a great deal obliged to you for giving American explicit this remarkable opportunity to earn more money from domestic. This in addition coins has adjusted my lifestyles in such quite a few manners by which, supply you!”. go to this website online domestic media tech tab for extra element thank you……

    http://www.geosalary.com

Please to post comments

Comments are closed.