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  • greenblood
    greenblood Member Posts: 14,573
    I know I chinned it, but if you're smart you've been betting without a problem already. All this does make gambling more expensive.
  • 2001400ex
    2001400ex Member Posts: 29,457

    I know I chinned it, but if you're smart you've been betting without a problem already. All this does make gambling more expensive.

    I like to talk about smarts then say something fucktarded. That's what I like to do.
  • greenblood
    greenblood Member Posts: 14,573
    edited May 2018
    2001400ex said:

    I know I chinned it, but if you're smart you've been betting without a problem already. All this does make gambling more expensive.

    I like to talk about smarts then say something fucktarded. That's what I like to do.
    You don't think integrity fees on the gambling industry doesn't effect margins? Who do you think is going to pay for decreased margins? Both of them rhetorical, because any dumbfuck knows the answer

    All in all, I sense there will be higher vig charges than the standard 10%.

    So I now have to pay $112 to win a $100 bet compared to $110 to win the same $100 bet. How is that not more expensive? Simple economics. Why am I surprised you don't get it?

    http://wvmetronews.com/2018/04/25/justice-administration-casino-operators-at-odds-over-sports-betting-fees/
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,515 Founders Club

    I know I chinned it, but if you're smart you've been betting without a problem already. All this does make gambling more expensive.

    Uhhhh ... no.


    It would create more opportunities for people to engage in the industry, which will inherently cause 'cost' to go down as they compete for the wagered dollar.

    HTH
  • greenblood
    greenblood Member Posts: 14,573
    edited May 2018
    pawz said:

    I know I chinned it, but if you're smart you've been betting without a problem already. All this does make gambling more expensive.

    Uhhhh ... no.


    It would create more opportunities for people to engage in the industry, which will inherently cause 'cost' to go down as they compete for the wagered dollar.

    HTH
    The vig is the profit the casinos make given they get an even bet of overs and unders. The vig is also in place to offset losses the casino takes when a disproportionate group of people bet on the winning side. There really isn't much of a margin in sports betting as it is. Adding an integrity fee to it will undoubtedly increase costs on the public. Also the integrity fees are on the amount bet not the casino's revenue. It's like placing a sales tax to casino's or other online betting sites made payable to sports franchises. Who do you think is going to have to pay for this tax?

    https://www.legalsportsreport.com/integrity-fee/

    Smart people now have to spend more to bet, because smart people have been betting all along without this fee. Sure, newcomers will show up realizing they have an easier avenue to make bets, but it's going to cost them more than if they had done it the right way all along.
  • Bad_MotherDucker
    Bad_MotherDucker Member, Swaye's Wigwam Posts: 1,383 Swaye's Wigwam
    Nevada books don't pay an integrity fee, so why should any new books? Tell the pro sports leagues to Fuck Off and shove their integrity fee up their collective asses.
  • greenblood
    greenblood Member Posts: 14,573
    edited May 2018

    Nevada books don't pay an integrity fee, so why should any new books? Tell the pro sports leagues to Fuck Off and shove their integrity fee up their collective asses.

    Then the leagues will sue and will probably win. They have a pretty good case to charge it, and it will probably hit Vegas too. The only reason sports betting was banned was because the leagues didn't get their cut, and they threw the integrity of the game bullshit around. It has never been about integrity, it always has been and always will be about money. The leagues will get their cut one way or another. As will the state.

    This cut is going to be passed down to the bettor and will make each bet cost more.
  • Kaepsknee
    Kaepsknee Member Posts: 14,919

    Nevada books don't pay an integrity fee, so why should any new books? Tell the pro sports leagues to Fuck Off and shove their integrity fee up their collective asses.

    Exactly.


    What are they gonna do.... Go on strike?