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TOW
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 		    Posted 4/13/2005 10:20 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
What if the U.S. Legislator would make a 180 degree turnaround on the gambling issue and open its doors to onshore business ? Would you be likely to play onshore ? Would offshores suffer from this move ?
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bigboydan
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 		    Posted 4/13/2005 12:51 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
it would change my mind at all. but, lets say it did happen though i can only imagine the tax dollars generated for the U.S. because, we all know if this did happen in the U.S. would find a way to really monitor and tax it accordingly

a good capper is only as good as his info.

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drunkguy
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 		    Posted 4/13/2005 1:11 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
taxes would be a big consideration. No way a US company would be able to hang -105 or a dimeline, let alone comeptitive prices on props, etc

Competition would be too cutthroat to keep profit margins high, but with the govt taking a slice, would also suck away value from the player side

However, I think it would seriously dent offshores, in that recreational players will prefer to play with "safe" corporate books in the US
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bigboydan
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 		    Posted 4/13/2005 5:16 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
drunkguy said...
 recreational players will prefer to play with "safe" corporate books in the US
recreational hell, i'd feel much safer to play there myself.

a good capper is only as good as his info.

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RedSox
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 		    Posted 4/13/2005 8:44 PM (GMT -5)    Quote This PostAlert An Admin About This Post.

No matter what happens, their will always be a group of players that will keep on playing offshore. Playing with a book in the U.S means paying taxes on winnings and full disclosure. Some small recreational players would switch and play it "safe" but big players will definitely stay offshore
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Dante
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 		    Posted 4/13/2005 9:59 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
bigboydan said...
drunkguy said...
 recreational players will prefer to play with "safe" corporate books in the US
recreational hell, i'd feel much safer to play there myself.

I agree....I would play with US based books....heck Id even pay 1$ per bet extra if the Gov taxed it 
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bigboydan
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 		    Posted 4/13/2005 11:07 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Dante said...
bigboydan said...
drunkguy said...
 recreational players will prefer to play with "safe" corporate books in the US
recreational hell, i'd feel much safer to play there myself.

I agree....I would play with US based books....heck Id even pay 1$ per bet extra if the Gov taxed it 
a $1.00 per bet dante. what about the recreational bettors who maybe only bet $10.00 per game that wouldn't be fair. but, i do agree there should be a % scale of some kind maybe like a 3rd of a cent.

a good capper is only as good as his info.

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drunkguy
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 		    Posted 4/14/2005 12:13 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
RedSox, I agree with you and that is the problem.  The sharper players will stay offshore because they will be getting better lines and not worry about regulatory issues inside the US
 
The recreational players will likely move into US jurisdiction at "Trump Online Sportsbook" or whatever is liscensed.
 
Offshore will be forced to handle the sharp action and lower profits. 
Onshore will get the juicy recreational accounts but will be taxed, so their profits will be lower than they should be.  Only one that benefits is the US Treasury
 
shakehead 
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raiders72001
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 		    Posted 4/14/2005 2:30 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
Depends on taxes, amount of money you play for and lines imo.
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bigboydan
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 		    Posted 4/14/2005 7:54 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
drunkguy said...
RedSox, I agree with you and that is the problem.  The sharper players will stay offshore because they will be getting better lines and not worry about regulatory issues inside the US
 
i disagree, if the US regulated this i feel the competition would be just about as good or the same as far as odds go.

a good capper is only as good as his info.

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VisorMan
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 		    Posted 4/15/2005 8:56 PM (GMT -5)    Quote This PostAlert An Admin About This Post.
I have a feeling it is going to be legalized soon since rhode island would love to legalize sports betting! freaked
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bigboydan
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 		    Posted 4/16/2005 12:56 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
ya, i did read about that might happen in RI. but, i remember them also saying that about DE. too and, it never happend.

a good capper is only as good as his info.

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Concorde
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 		    Posted 4/16/2005 2:50 AM (GMT -5)    Quote This PostAlert An Admin About This Post.
It all depends on who will be the next pope.
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