• 6 months ago
Transcript
00:00 (upbeat music)
00:03 - Okay, so with the next opportunity,
00:06 if I'm not mistaken, Mike,
00:07 to bet on collegiate athletes in a significant way,
00:10 that would be the college football season
00:12 that will begin around the end of August.
00:16 So we really have a lot of work to do here
00:19 to figure out if people are gonna be able to bet or not
00:22 on collegiate athletes in football
00:25 as the state of New Jersey weighs in on this.
00:28 And Mike, over the next few months,
00:30 I don't think that some states
00:32 are gonna have legalized sports college player props
00:35 and some not.
00:35 I mean, I feel like some of the states
00:38 are just gonna step up like they have been and say no,
00:40 and I think everyone's gonna follow one way or the other,
00:43 yes or no, and that's gonna be the end of it
00:44 come college football season.
00:46 - Yeah, Craig, so in New York, for example,
00:49 they had banned this from the outset
00:51 when they launched legal sports betting in January, 2022,
00:55 you couldn't bet on player props.
00:56 So they sent a letter to NCAA president, Charlie Baker,
00:59 lauding him for telling everybody else to do the same.
01:02 And we've seen a lot of jurisdictions, right?
01:04 Ohio, Maryland, Vermont have decided
01:07 to ban college player props.
01:09 Louisiana as well, introducing legislation there.
01:12 So New Jersey with Senator Kristen Carado
01:15 introduced the bill a couple of weeks ago
01:17 that would ban proposition sports bets
01:19 on the student athletes in New Jersey.
01:21 And she said, well, it's not really a,
01:24 it's not a conservative issue.
01:25 It's not a liberal issue.
01:26 It's something everybody can get behind
01:28 because again, what's been the main reason for this
01:31 for the NCAA side, obviously is the threats
01:32 that these athletes have been getting from losing bettors,
01:35 maybe the vile things they've hear on the court
01:37 or the field while they're playing.
01:39 So yeah, I mean, it's something that is gonna be looked at
01:45 and I wouldn't be surprised obviously if this passes.
01:47 Again, this is just an easy win
01:48 for the legal sports betting operators.
01:50 As they said in Ohio, it's a very small percentage,
01:54 maybe a little over 1% was these proposition bets
01:57 on student athletes in Ohio.
02:00 So I wouldn't be surprised to see the Garden State
02:02 follow the same path.
02:03 And again, this is definitely something
02:05 that's gonna be under the microscope.
02:07 I think until every jurisdiction finally gets rid of this
02:09 and at least maybe you have the over under,
02:12 the total, the spread, all that,
02:14 but this is something that wouldn't be surprising
02:17 for it to go away and New Jersey should be the next state
02:19 to get rid of it.
02:20 [MUSIC]

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