2018 Masters

[Guinness]

I’m happy for Finau. Anyone that saw that par 3 contest on Wednesday saw him not just sprain his ankle but he dislocated it and had to pop it back in. Many thought there was no way he could play. He had to play with his ankle wrapped tightly and would hit the ball flat footed with his left foot. Amazing he was -6 today and -7 for the tournament and a 10th place finish.

Good for him.

Kid will win a major soon.

 

[Guinness]

I have to think it has happened to him before, based on how casually he bent down and popped it back in place. View attachment 126113

In an interview he said has sprained it but dislocating it this week was a first.

 

[bpo57]

I entered a pool where you're given 25 points and you choose anywhere from 3-5 players based on point values where the favorites are obviously more expensive than the lesser guys. I used my 25 points on Reed, Fowler, McIlroy and Matsuyama and somehow managed to finish 11th (out of 432). That got me 1% of the pool. Turns out that several other contestants had similar ideas.

 

[rrlbees]

It's a great time for golf. Great players under 30. Tiger and Phil. Hopefully the average Joe will realize it.

The young guns filled the gap during the time tiger was out and Phil was getting older. Now they’ll just keep getting better. Should be a fun several years at least with so many of them.

 

[KaiserUEO]

50-1. Should have dropped $100 on him. Never have bet golf. Seems like an impossible task.

It’s hard, but easier when u bet multiple guys, are willing to lose..and watch leading up and for whom the course plays well for.

You just can’t bet everyone, that’s the real gamble.

I’ve been on Reed for a while, so I bet him, Phil, Spieth, Rickie and Bubba.

All Spieth would do is cover some losses. he was/is my Monday Night Football bet.

 

[br801]

It’s hard, but easier when u bet multiple guys, are willing to lose..and watch leading up and for whom the course plays well for.

You just can’t bet everyone, that’s the real gamble.

I’ve been on Reed for a while, so I bet him, Phil, Spieth, Rickie and Bubba.

All Spieth would do is cover some losses. he was/is my Monday Night Football bet.

That's a nice trifecta box there.

 

[Cowtown]

Johnson & Day in final pairing.

Thanks, I looked on line to check on the final pairing, but I must have misread it.

 

[KaiserUEO]

That's a nice trifecta box there.

I also won the bar pool.

Cha-Ching!!

 

[Cowtown]

I have to think it has happened to him before, based on how casually he bent down and popped it back in place. View attachment 126113

He said in an interview afterward (day 1) that it hadn't, and he just reacted. Either way, he was a warrior to keep playing all the way through the entire championship.

 

[bpo57]

It’s hard, but easier when u bet multiple guys, are willing to lose..and watch leading up and for whom the course plays well for.

You just can’t bet everyone, that’s the real gamble.

I’ve been on Reed for a while, so I bet him, Phil, Spieth, Rickie and Bubba.

All Spieth would do is cover some losses. he was/is my Monday Night Football bet.

Some time as early as one week from now but no later than June we could have legalized sports betting in NJ. Supreme Court is expected to rule shortly and odds (no pun intended) are heavily in favor of them striking down current law that prohibits sports betting everywhere but Nevada. About time.

 

[KaiserUEO]

Some time as early as one week from now but no later than June we could have legalized sports betting in NJ. Supreme Court is expected to rule shortly and odds (no pun intended) are heavily in favor of them striking down current law that prohibits sports betting everywhere but Nevada. About time.

Monmouth is ready.

I’d imagine the Meadowlands and AC would have it up by football season, the baseball playoffs and the start of the hockey and Hoop.

It won’t eliminate your local bookie, but will be a welcome change.

ESPECIALLY for AC.

 

[bpo57]

Monmouth is ready.

I’d imagine the Meadowlands and AC would have it up by football season, the baseball playoffs and the start of the hockey and Hoop.

It won’t eliminate your local bookie, but will be a welcome change.

ESPECIALLY for AC.

Yeah I work < 10 min from Monmouth Race Track. William Hill has an operation all set and ready to go. Supposedly they're ready to start taking bets within days of a ruling.

 

[IthacaBarrel]

Yeah I work < 10 min from Monmouth Race Track. William Hill has an operation all set and ready to go. Supposedly they're ready to start taking bets within days of a ruling.

Would save Monmouth as well.

 

[690West]

 

[Guinness]

That's funny. The guy is basically the Doug Gottlieb of golf.

 

[upperdeck]

it will be interesting to see how the gambling thing works.. as it is now the take from the feds and the states is so high it makes no sense for the non vegas guys to even get in the business.. listening to the vegas sites they would have to lower the payouts by so much that the bookies will rake in even more money as people wont make bets knowing they can get better odds and payouts outside the "legal" places.

the casinos made huge money this weekend on Tiger failing, rory losing to Reed, and Fowler coming back to beat Speith.

 

[bpo57]

it will be interesting to see how the gambling thing works.. as it is now the take from the feds and the states is so high it makes no sense for the non vegas guys to even get in the business.. listening to the vegas sites they would have to lower the payouts by so much that the bookies will rake in even more money as people wont make bets knowing they can get better odds and payouts outside the "legal" places.

the casinos made huge money this weekend on Tiger failing, rory losing to Reed, and Fowler coming back to beat Speith.

I see the bookies being the losers if sports betting is legalized outside of Nevada. Much less volume and if they have to lower their spreads to get business then they make less money than before. For places like AC it gets people to make the visit and that's a win for them. Of course the problem is several others will open sports books, too.

 

[upperdeck]

But the way the new law takes place now the bookies will be able to offer much better odds and payouts.. so the avg fan may be able to get in the game but for far worse value..

I really wish they offered a mix and let the vegas people control the gambling and keep the money in one place but let people actually bet from remote.

 

[bpo57]

But the way the new law takes place now the bookies will be able to offer much better odds and payouts.. so the avg fan may be able to get in the game but for far worse value..

I really wish they offered a mix and let the vegas people control the gambling and keep the money in one place but let people actually bet from remote.

Not sure I follow. Why are the bookies able to offer better odds? And if they do offer better odds isn't that coming out of their pocket?

But beyond who wins and who loses it's much better for gamblers to make sports betting legal. Why should it be legal in just one state? I'd much rather be able to drive ten minutes to place a bet than deal with a bookie or some offshore gambling site (which many banks will not allow you to transact with).

 

[upperdeck]

vegas has a very small overhead, they make it on volume but they dont really make a ton on gambling betting vs all the other stuff.

the leagues and the states all want a huge piece of the pie. The way they have the new legislation written the leagues and states want a bigger cut than the Casinos actually bring in in profit right now.

the bookies make what they make but they also dont have to worry about the overhead and taxes and all the legal stuff.

Right now its pretty even between the new systems. But the new laws mean vegas will have to basically cut the winning margin by over half to make money.

So in the long run if i can bet $100 at a bookie and make $150 or bet $100 legally and make $105 what are people going to do? On top of that you will be taxed on legal winnings.

 

[PoppyHart]

vegas has a very small overhead, they make it on volume but they dont really make a ton on gambling betting vs all the other stuff.

the leagues and the states all want a huge piece of the pie. The way they have the new legislation written the leagues and states want a bigger cut than the Casinos actually bring in in profit right now.

the bookies make what they make but they also dont have to worry about the overhead and taxes and all the legal stuff.

Right now its pretty even between the new systems. But the new laws mean vegas will have to basically cut the winning margin by over half to make money.

So in the long run if i can bet $100 at a bookie and make $150 or bet $100 legally and make $105 what are people going to do? On top of that you will be taxed on legal winnings.

Except for the fact that it is illegal, and now that the states have a vested interest, these folks are not as likely to be ignored.

 

[upperdeck]

I'm all for it to make it easier and legal.. I just think its gonna end up like the casino stuff has.. too many people with too many fingers in the pie.. 2-3-4 casinos in NY was all fine now that we have a dozen most of them struggle.

vegas makes 2% of their money on gambling. they keep the overhead low and the payouts high.. now each state is gonna do their own thing and their overheads will be much higher, so the payouts much lower.

are we going to have 500 places trying to offer it and spread out so none of them will really be a good experience?
the best thing about the books in vegas is having enough people there to make it exciting.. just like the horse track.. great when its good horses and a good crowd at Saratoga, not so good a finger lakes.

Mobile is something that may or may not happen with this off the bat so many of us will still be stuck if we want to make a bet.. just like OTB has dried up so many places.

 

[bpo57]

vegas has a very small overhead, they make it on volume but they dont really make a ton on gambling betting vs all the other stuff.

the leagues and the states all want a huge piece of the pie. The way they have the new legislation written the leagues and states want a bigger cut than the Casinos actually bring in in profit right now.

the bookies make what they make but they also dont have to worry about the overhead and taxes and all the legal stuff.

Right now its pretty even between the new systems. But the new laws mean vegas will have to basically cut the winning margin by over half to make money.

So in the long run if i can bet $100 at a bookie and make $150 or bet $100 legally and make $105 what are people going to do? On top of that you will be taxed on legal winnings.

I can see how this won't be a big moneymaker for the casinos that enter the fray but they will use it like Nevada does - to draw visitors to their casinos. I don't get how it's bad for gamblers. No way on earth they can tax like the example you provided in your last paragraph. If they do then nobody will bet with them.

 

[bpo57]

I'm all for it to make it easier and legal.. I just think its gonna end up like the casino stuff has.. too many people with too many fingers in the pie.. 2-3-4 casinos in NY was all fine now that we have a dozen most of them struggle.

vegas makes 2% of their money on gambling. they keep the overhead low and the payouts high.. now each state is gonna do their own thing and their overheads will be much higher, so the payouts much lower.

are we going to have 500 places trying to offer it and spread out so none of them will really be a good experience?
the best thing about the books in vegas is having enough people there to make it exciting.. just like the horse track.. great when its good horses and a good crowd at Saratoga, not so good a finger lakes.

Mobile is something that may or may not happen with this off the bat so many of us will still be stuck if we want to make a bet.. just like OTB has dried up so many places.

The worst thing about Vegas is you have to get on a flight and fly nearly 3,000 miles to get there and then during March Madness or other peak events you have to compete with the crowds.

 

[PoppyHart]

I'm all for it to make it easier and legal.. I just think its gonna end up like the casino stuff has.. too many people with too many fingers in the pie.. 2-3-4 casinos in NY was all fine now that we have a dozen most of them struggle.

vegas makes 2% of their money on gambling. they keep the overhead low and the payouts high.. now each state is gonna do their own thing and their overheads will be much higher, so the payouts much lower.

are we going to have 500 places trying to offer it and spread out so none of them will really be a good experience?
the best thing about the books in vegas is having enough people there to make it exciting.. just like the horse track.. great when its good horses and a good crowd at Saratoga, not so good a finger lakes.

Mobile is something that may or may not happen with this off the bat so many of us will still be stuck if we want to make a bet.. just like OTB has dried up so many places.

If it is not profitable for certain entities because competition is too fierce, or as you suggest, diluted, economics suggests that they will exit the field and the few strong companies will become dominant players. They will then be able to aggregate their intake, spread their risk over a larger pool of wagers, and offer favorable odds.