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Betting on the Super Bowl in the Year of the American Sports Gambler The New Yorker. Story Saved. Close. Search. Menu. Story Saved. Close. Facebook. Twitter. Email. Print. Save Story. Facebook. Twitter. Email. Print. Save Story. Facebook. Twitter. Snapcha
We were standing in front of the FanDuel Sportsbook, which opened last July, at the racetrack, a couple of months after the Supreme Court overturned portions of the Professional and Amateur Sports Protection Act. PASPA, as the law was known, had effectively given Nevada a monopoly on legal sports betting.
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Such a bet can be made before the season starts in September for the best possible payout, but futures are typically available year-round, with payouts being reduced as the season progresses and it becomes easier to predict a champion. In this example, winning bets will not pay off until the conclusion of the Super Bowl in January or February although many of the losing bets will be clear well before then and can be closed out by the book.
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Betting" on Football is important to the sports betting industry because it brings a lot of life, vividness and innovation into sports betting, and I think that's' got to be the competitive edge once you look at all the other opportunities for gaming and gambling."
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