Do not bet on it! California voters overwhelmingly defeat sports gambling ballot initiative
The growing nationwide acceptance of legitimate sports gambling has been halted Californiawhere voters overwhelmingly rejected the initiatives of Native American tribes and the game industry.
These efforts, considered the most expensive ballot gambling in U.S. history, raised nearly $600 million in competing efforts to expand gambling and try to capture a share of a multibillion-dollar market in the most populous state in the United States.
But voters didn’t want a piece of that work.
With more than 4.6 million votes counted, a largely backed measure by game companies that would have allowed adults to bet on mobile and online only had 16 percent support. The proposal that would have legalized sports gambling in tribal casinos and horse trails had less than 30 percent support.
Growing nationwide acceptance of legal sports gambling is halted in California, as voters overwhelmingly reject the initiatives of Native American tribes and the gaming industry.
The Sports Bookroom at the Aquarius Hotel & Casino was shown on February 3, 2019 in Nevada – one of 31 other states that have legalized some form of sports gambling.
Money raised and spent more than doubled the record amount Uber, Lyft and other app-based transportation and delivery services spent in 2020 to prevent drivers from becoming eligible employees for benefits and job protection.
More than 30 other states allow sports betting, but gambling in California is currently limited to Native American casinos, horse trails, card rooms, and state lotteries.
The race was marked by a flurry of advertisements touting the benefits of proponents of every measure purported to gain approval. Each was countered by vigorous campaigns that warned of the dangers it posed.
Tribes who opposed Proposition 27, the mobile and online gambling measure, said voters did not want a massive expansion of gambling, but rather thought it would be easier to become addicted and feared children would bet the machines.
“Our internal polls have been clear and consistent for years: California voters do not support online sports betting,” said Anthony Roberts, tribal president of Yocha Dehe Wintun Nation. “Voters have real and significant concerns about turning every mobile phone, laptop, and tablet into a gambling device, and the resulting addiction and exposure to children.”
With more than 4.6 million votes counted, a largely backed measure by game companies that would have allowed adults to bet on mobile and online only got 16 percent backing.
Opponents of Proposition 26, which would have allowed state casinos and four horse trails to offer sports betting in person, said voters did not want to enrich wealthy tribes that would gain a virtual monopoly on gambling and would also be able to offer games of roulette and dice. in their gaming operations.
‘to support. 26 was not just a sports betting procedure, but a massive expansion of gambling by five wealthy tribes that included poisonous pills intended to wrest market share from highly regulated card rooms that provide millions of dollars in tax revenue to communities and tens of thousands of jobs, the No to Proposition 26 campaign said in statement.
This group was largely funded by the paper chambers who were more likely to lose if the measure was passed. They said that the so-called “pills” would allow the tribes to sue rivals like paper chambers.
Supporters of each measure did not respond to letters seeking comment.
The casino and racetrack procedure was funded by an alliance of tribes that said a 10 percent tax would have helped pay for law enforcement and gambling programs to help gambling addicts.
The online sports gambling initiative is backed by DraftKings, BetMGM and FanDuel – the latter being the official odds provider for The Associated Press – as well as other national sports betting operators and a few tribes.
California Governor Gavin Newsom speaks to reporters after the vote in Sacramento. Newsom, who easily won re-election, has not taken a position on any of the sports gambling proposal
They promised to divert tax revenue to help the homeless, the mentally ill, and impoverished tribes that were not enriched by the casinos.
The nonpartisan Legislative Analyst’s Office found that both initiatives would increase state revenue, but it wasn’t clear how much. The office said Proposition 26 could bring in tens of millions of dollars, while Proposition 27 could bring in hundreds of millions.
However, this revenue can be offset if people spend money on sports gambling rather than shopping or buying lottery tickets.
Democratic Governor Gavin Newsom, who easily won re-election, has not taken a position on either proposal but said Proposition 27 is “not a homeless initiative.”
The California Republican Party opposed both proposals. State Democrats opposed Proposition 27, but were neutral on Proposition 26. The Major League Baseball supported Proposition 27.
The US Supreme Court struck down the Professional and Amateur Athletes Protection Act (PASPA) in 2018, giving states the right to legalize sports gambling. Since then, 31 states and the District of Columbia have legalized the practice.
Intriguingly followed by Texas, Georgia, and Kentucky, California ranks first, with horse racing remaining one of the most popular recreational activities.
Sports betting terms
a job – What is the bet on the game
point spread The amount preferred by one team. So if the Patriots were chosen to beat the planes with ten points, it would look like this “Patriots-10” or “Jets + 10”
ATS – “against the spread,” means “against the point spread.” So if the Patriots were picked to beat the Jets by 10, and they won by 14, they would be 1-0 ATS. If the Jets lose by only 9, the Patriots have a 0-1 ATS record.
even money – Even odds, so if you bet $5, you get $10 back if you win or $0 if you lose.
Futures betting A long bet, usually aimed at predicting a champion
impediment A person trying to predict the winner of an event
Dealing – The total amount wagered in the competition
hedging – Just like in the stock market, gamblers can bet the risks of another bet
Eight states currently offer legal sports better, and other states may join the group soon
fig The commission charged by the bookmaker
money line – A bet that your team only has to win in order to get compensation. The spread is not considered a money line bet. However, the return on betting on a favorite is much less than choosing the underdog correctly. If the San Francisco Giants are favored to beat the Miami Marlins, and “-175” appears on the money line, it means that it will require a bet of $175 to earn a $100 win. If “+145” appears next to the Marlins on the money line, this means that a $100 bet will yield a profit of $145.
Above under – Usually used to bet on the final outcome of the game. If the Heat Magic’s Over/Under is set at 200, and Miami wins 100-98, whoever bet least will be the victor.
Promotion bet A ‘proposition bet’ is an odd bet that usually involves a very specific set of circumstances. Betting on whether LeBron James will score 40 points or more in a particular game will be a basic bet. These bets may come under heavy scrutiny as sports gambling becomes legal across the country as support bets create opportunities for corrupt gamblers.
Pick’em – No favorite game
investment One bet on multiple outcomes. Trades are usually more difficult to win, but they offer higher payouts.
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