To Get Through This Election, Bet on Sports
Stop treating politics like team sports, even though you can now bet on both.
Stop treating politics like team sports, even though you can now bet on both.
Online sports betting companies are using the same legal playbook that once threatened their operations to eliminate competitors.
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
Over time, betting has been a better predictor than polls, pundits, statistical models, and everything else.
Messy, dueling ballot initiatives await voters in November.
Despite having a near-monopoly on districtwide betting, poor decisions and mismanagement led to millions in losses on GambetDC.
But he still had to drive two hours to do it in a legal state.
But placing a wager on your favorite team is still illegal or too complicated in many states.
A proposed commercial by dispensary-locator company Weedmaps was sacked by NFL and NBC suits.
Convenient online sports betting is legal and live in 14 states.
Casinos, sports betting, and even online lottery sales are okay. Electronic skill games have no such luck.
Six states don’t allow any horse racing bets, but others still make it difficult.
Betting sites have a better record of predicting election outcomes than most polls and pundits.
Lawmakers legalized DFS betting. The state’s top justices say that’s not allowed.
Bringing sports betting out of the black market is a win for fans and sports leagues, and it's another indication of how prohibitionist policies fail.
Respect federalism and leave the states alone.
U.S. politicians prevented the development of a legal market for sports betting, driving eager gamblers to underground bookies.
The black market will continue to thrive if taxes and regulations are too burdensome, a new CEI report warns.
A new CEI paper argues that states should be free to decriminalize March Madness wagers.
Prohibitionists want the next attorney general to criminalize online betting by rewriting federal law.
Obvious cronyism vs. the 10th Amendment
Valve's Steam platform's been used by players to facilitate games of chance, and the company is in hot water with regulators who want their skim as a result.
Bill would subvert legal interpretation of Wire Act.
It's not just about 'protecting consumers.'
Some people want gambling legal, but only at their own casinos.
DraftKings, FanDuel hoping for legislation to give them permission to exist.
Forty million Americans will bet on the college basketball tourney even though it's not really legal.
Virginia is the first state to put fantasy sports legislation before a governor.
The debate surrounding daily fantasy sports isn't about skill or chance, but evidence that our psuedo-ban on sports gambling is hypocritical and ineffective.
'We have people out of work. We have ISIS and al Qaeda attacking us. And we're talking about fantasy football?'
Regulators want their own piece of the action at FanDuel and DraftKings. But if they win, consumers will be the biggest losers.
There's always a way around.
Requires Draft Kings, FanDuel to get gaming licenses to operate in state
Accused of misrepresenting fairness of competition
Is the problem a lack of transparency, lack of tax revenue, or sore losers?
A blockchain-based prediction market that won't be controlled or managed by anyone.
An anti-gambling activist testifies that a protectionist bill is needed to guarantee equal protection.
Those who oppose legalization often bring up groundless fears like widespread addiction and fixed matches. Don't believe them.
Supporters claim Congress meant to prohibit online betting in 1961.
Casino moguls and their powerful interests are feigning moral outrage to crush competitors.
It seems that government dislikes gambling unless government gets to be the house.