The Ohio Casino Control Commission announced this morning it is banning proposition betting on college player performances at regulated sportsbooks. It's not a great policy decision.
Hi Dustin great article as always and a lot of states as seen here have language allowing what the ncaa did in their bills https://www.covers.com/industry/ohio-college-player-prop-betting-ban-other-states-sports-february-2024 I hope this doesn’t lead down a slippery slope but I fear it could in other states. Being in Nevada I Remeber when they the commission allowed in state betting as they told the feds and ncaa to go pound sand in 2001 https://lasvegassun.com/news/2001/jan/25/gaming-control-board-allows-betting-on-nevada-coll/ as the argument was it to stop offshore betting which exists and what sharp players go to as you see the euro model of limiting and banning winners. This boom you are saying I think eventually ends in a bust if you see states destroy the legal market by making it boring compared to offshore plus the possibility of some lunatic going after a athlete physically and or more pieces like 60 minutes that make the industry bad. The simple solution if I’m the ncaa is partner with us integrity for sports wagering integrity and all their services as Matt holt does a great job and what you said low limits on player props that are transparent so the legal market can do its thing and a Nevada style policy across the nation with sports betting regulation yes it does have some flaws but I think it’s a good policy overall.
I don't think the policy is totally without merit, for me the negatives outweigh the positives. Policies that make the legal industry more difficult to serve the public vis a vis offshore should take a lot of thought. I do think Ohio didn't take any time to investigate intermediary steps like I suggested that might have helped meet policy goals while not sending the activity entirely offshore.
Totally agree I mean this is a bad move and yes harassment by in mature bettors is a thing but Ohio should of taken this rationally as I agree with you that they are making it tough for the legal industry to thrive. Yes they need regulation but make sure it doesn't go way overboard as policies like this will make the legal industry look boring and destroy revenue for states
Hi Dustin great article as always and a lot of states as seen here have language allowing what the ncaa did in their bills https://www.covers.com/industry/ohio-college-player-prop-betting-ban-other-states-sports-february-2024 I hope this doesn’t lead down a slippery slope but I fear it could in other states. Being in Nevada I Remeber when they the commission allowed in state betting as they told the feds and ncaa to go pound sand in 2001 https://lasvegassun.com/news/2001/jan/25/gaming-control-board-allows-betting-on-nevada-coll/ as the argument was it to stop offshore betting which exists and what sharp players go to as you see the euro model of limiting and banning winners. This boom you are saying I think eventually ends in a bust if you see states destroy the legal market by making it boring compared to offshore plus the possibility of some lunatic going after a athlete physically and or more pieces like 60 minutes that make the industry bad. The simple solution if I’m the ncaa is partner with us integrity for sports wagering integrity and all their services as Matt holt does a great job and what you said low limits on player props that are transparent so the legal market can do its thing and a Nevada style policy across the nation with sports betting regulation yes it does have some flaws but I think it’s a good policy overall.
I don't think the policy is totally without merit, for me the negatives outweigh the positives. Policies that make the legal industry more difficult to serve the public vis a vis offshore should take a lot of thought. I do think Ohio didn't take any time to investigate intermediary steps like I suggested that might have helped meet policy goals while not sending the activity entirely offshore.
Totally agree I mean this is a bad move and yes harassment by in mature bettors is a thing but Ohio should of taken this rationally as I agree with you that they are making it tough for the legal industry to thrive. Yes they need regulation but make sure it doesn't go way overboard as policies like this will make the legal industry look boring and destroy revenue for states