🏀 Barkley on NBA Gambling money

[mando]

Have you guys heard this? Anyone know of this is real? Hard to believe.

Charles Barkley Reveals Telling Admission From Anonymous Owner

Sports gambling has been around for decades, but with it becoming fully legalized in many states, it's truly starting to blow up. Professional sports leagues

thespun.com

 

[TerryP]

Have you guys heard this? Anyone know of this is real? Hard to believe.

Hard to believe they could continue with a share of the proceeds coming from 'books? I can see this happening. I can also hope it comes to fruition which leads to another hope that the NBA isn't on TV as much as it is today. I'd rather be watching college baseball and softball right now.

 

[mando]

Hard to believe they could continue with a share of the proceeds coming from 'books? I can see this happening. I can also hope it comes to fruition which leads to another hope that the NBA isn't on TV as much as it is today. I'd rather be watching college baseball and softball right now.

Yeah how would this work? I guess it comes down to gambling becoming legal is enabling this? The teams could negotiate contracts with the people running the gambling industry, whoever that is?

The other thing that I guess should not be a surprise but it was for me when I read it, the amount of TV money is huge so just the thought that the gambling money would dwarf the TV money is mind boggling.

 

[TerryP]

Yeah how would this work? I guess it comes down to gambling becoming legal is enabling this? The teams could negotiate contracts with the people running the gambling industry, whoever that is?

The other thing that I guess should not be a surprise but it was for me when I read it, the amount of TV money is huge so just the thought that the gambling money would dwarf the TV money is mind boggling.

There was an article, I want to say in Sports Business Journal, that touched on how it would be set up. In a nutshell the NBA would receive a percentage from the 'books.

Now, get this. The American Gaming Association estimates that non-football betting, overseas, by US residents exceeds 50 billion a year. The current NBA contract is half of that and they are looking at a multi-year contract with TV for roughly 75.

As of a couple of years ago Nevada's books were carrying over 500 million, per month, on NBA games. How long is their season again?

Overseas money eclipses their current TV deal. Nevada is carrying what, around four billion per season? That just leads me to do a little hypothetical math. And you're right, it's based on the sweeping reforms we're seeing around the nation on legalized gambling. (And I'll likely stay with the game guy I've known for years if he's still taking wagers.)

 

[alabama mike]

One thing I have always respected about Charles Barkley is that he states his opinion very well. With him being a gambler, I think he is spot on with his comments.

 

[Rolltide24]

I'd rather be watching college baseball and softball right now.

I hear that. I’d rather be watching Bob Ross paint a forest landscape with the volume on than watch an NBA game. Seems like there’s at least 2 on every night.

 

[rocknthefreeworld]

I am sure everyone is aware that Fox Sports is now Bally. Gambling money directly tied up in TV contracts is going to make some interesting things int he future.

 

[50+yeartidefan]

I hear that. I’d rather be watching Bob Ross paint a forest landscape with the volume on than watch an NBA game. Seems like there’s at least 2 on every night.

i agree....wouldnt watch a nba game if was being paid to watch..
Did go once..Hawks and Jazz..90 something.....man...what a bunch of athletes...

on gambling...with billions at stake...wait til there is a scandal....of chunking points or even a game...

 

[BamaFan334]

I wouldn't touch a sport that is tied together with a sportsbook. I wouldn't wager a dime. Too much possibility for backdoor deals, referee interference, and if it was all legal, shoooooooooot.