The death of online sports betting / gambling in the US - The Orange Mane

OregonBronco · 10-02-2006, 12:02 PM

Sad news for all of us online poker players.

http://www.forbes.com/business/2006/...2gambling.html

It's a good thing my government is there to keep me from hurting myself. I just don't think I could figure out right and wrong without someone else telling me what to do.

Bronco_Beerslug · 10-02-2006, 12:05 PM

Quote:

Originally Posted by OregonBronco

Sad news for all of us online poker players.

http://www.forbes.com/business/2006/...2gambling.html

It's a good thing my government is there to keep me from hurting myself. I just don't think I could figure out right and wrong without someone else telling me what to do.

Another feather in the hat of republican lawmakers legislating morality on Americans once again, PATHETIC!!!!!!

The idiots don't seem to understand I'll give my business to offshore foreign companies now.

Quote:

Many in the industry had expected that the Unlawful Internet Gambling Enforcement Act would never make it through the Senate. However, late on Friday, Senate Majority Leader and presidential hopeful Bill Frist apparently tacked the measure onto a port security bill. The bill was passed by a vote of 409 to 2 in the final minutes before Congress recessed.

"He found a bill he could attach it to that would not result in the opposition of the other side," said Joseph Kelly, a business law professor at State University of New York at Buffalo who studies online gambling.

bendog · 10-02-2006, 12:13 PM

Can you? I thought it was illegal for credit card companies to do biz? I haven't followed it. I'm not into gambling, and morally really have no problem with what the gop's doing, but ideologically I have been a goper because they have been for one-person-one-vote and more libertarian view of the individual v. the govt. I doubt I'll vote gop in 08 though

Bronco_Beerslug · 10-02-2006, 12:17 PM

Quote:

Originally Posted by bendog

Can you? I thought it was illegal for credit card companies to do biz? I haven't followed it. I'm not into gambling, and morally really have no problem with what the gop's doing, but ideologically I have been a goper because they have been for one-person-one-vote and more libertarian view of the individual v. the govt. I doubt I'll vote gop in 08 though

Only enforceable using American companies. I'll use foreign companies now, it's no problem at all. Does this idiot Frist think he can censor the Internet now?

bendog · 10-02-2006, 12:21 PM

I'm lost. You'll use a mastercard/visa right? Can you get one from an overseas bank?

Direct tv doesn't carry the horse racing channel, but I get it at the gym. If I had access ..... I might could get back into handicapping. I could also study for the GRE or get my spanish hablaing again .... I could read a good book .... lol

Bronco_Beerslug · 10-02-2006, 12:24 PM

Quote:

Originally Posted by bendog

I'm lost. You'll use a mastercard/visa right? Can you get one from an overseas bank?

Direct tv doesn't carry the horse racing channel, but I get it at the gym. If I had access ..... I might could get back into handicapping. I could also study for the GRE or get my spanish hablaing again .... I could read a good book .... lol

I'll use my Visa but not through an American company governed by this morality law. Lots of Euro and Russian transaction companies.

OregonBronco · 10-02-2006, 12:27 PM

The problems here are:

a) There was a lot of money going to businesses outside the US
b) Regular gambling laws are left up to the states and online gaming completely bypasses that
c) The GOP is now under control of the religious right who like to impose their views on everyone else

What we have on our hands now is the modern version of prohibition. Oddly enough, though, bets from online horse racing and lotteries are not affected by this bill. Also, aside from Forbes, I have yet to see this on any mainstream US news outlets, whereas this story is all abuzz around the rest of the world's news agencies.

bendog · 10-02-2006, 12:30 PM

hmmm, somehow I guess that people who watch much network news, or who are cable news junkies, don't play online poker.

It's still shameless for cnn and fox not to call out the Rel Right in Congress and the WH on this.

yavoon · 10-02-2006, 12:35 PM

Quote:

Originally Posted by Bronco_Beerslug

Another feather in the hat of republican lawmakers legislating morality on Americans once again, PATHETIC!!!!!!

The idiots don't seem to understand I'll give my business to offshore foreign companies now.

u always gave ur business to offshore foreign companies. there are no american online gambling companies, its illegal. most of them are in britain.

yavoon · 10-02-2006, 12:37 PM

I'm pretty libertarian, but u ppl need to calm down. gambling is illegal in the vast majority of all states(besides the indian reservation thing). this isnt some radical change in position, the US gov't has always had gambling be illegal in the vast majority of america, this is just a closing of a loophole.

and frankly I doubt its really closed.

Bronco_Beerslug · 10-02-2006, 12:40 PM

Quote:

Originally Posted by yavoon

u always gave ur business to offshore foreign companies. there are no american online gambling companies, its illegal. most of them are in britain.

You need to research the topic a little more.

Quote:

A bill was passed by the U.S. Congress over the weekend, outlawing credit-card and money-transfer companies from accepting payments to gambling Web sites

Like I said, I'll use foreign companies to handle my money.

OregonBronco · 10-02-2006, 12:41 PM

Quote:

Originally Posted by yavoon

u always gave ur business to offshore foreign companies. there are no american online gambling companies, its illegal. most of them are in britain.

The difference being that now you'll have to use foreign banks to do it.

What I don't understand is that the US is turning its back on this FREAKING HUGE, MULTI-BILLION DOLLAR industry. If 3/4 of the online gaming market comes from the US, why don't we try to capture that market instead of shut it out? Are we that bad at capitalism?

yavoon · 10-02-2006, 12:44 PM

Quote:

Originally Posted by Bronco_Beerslug

You need to research the topic a little more.

no, this law actually effects the third party money, like neteller or more brick and mortar banks. and forbids them from dealing in situations where they are aware they are helping u to gamble online.

we had already previously arrested one of the ppl on the board(or some position) of one of the british gambling companies, while he was in america.

yavoon · 10-02-2006, 12:46 PM

Quote:

Originally Posted by OregonBronco

The difference being that now you'll have to use foreign banks to do it.

What I don't understand is that the US is turning its back on this FREAKING HUGE, MULTI-BILLION DOLLAR industry. If 3/4 of the online gaming market comes from the US, why don't we try to capture that market instead of shut it out? Are we that bad at capitalism?

heh, well there's a great market in legalizing heroin too=D.

OregonBronco · 10-02-2006, 12:55 PM

Quote:

Originally Posted by yavoon

heh, well there's a great market in legalizing heroin too=D.

It's a slippery slope and a tough topic, but I don't think it would be too hard to see the differences between gambling and heroin....unless you're high.

The bigger question would be where do you define the line between pot and heroin? I, for one, think pot should be legal and regulated like alcohol. I don't use the stuff, but I don't think it's any worse than tobacco or liquor. Heroin, however, should be flushed out of the country. Anyways...back on topic.

yavoon · 10-02-2006, 12:58 PM

Quote:

Originally Posted by OregonBronco

It's a slippery slope and a tough topic, but I don't think it would be too hard to see the differences between gambling and heroin....unless you're high.

The bigger question would be where do you define the line between pot and heroin? I, for one, think pot should be legal and regulated like alcohol. I don't use the stuff, but I don't think it's any worse than tobacco or liquor. Anyways...back on topic.

dont be a wuss

. freeeeeeedom!

=D

defenseman · 10-02-2006, 01:01 PM

I enjoy a good card game now and then. Win often enough to enjoy. However, I've seen guys lose there paychecks in an hour and head out to borrow more to make it back, only to lose again. Don't like the idea of gambling online myself. Too many factors out of my eyesight. wouldn't bother me to see it gone personally. But, that's just me....dman

Bronco_Beerslug · 10-02-2006, 01:12 PM

Quote:

Originally Posted by defenseman

I enjoy a good card game now and then. Win often enough to enjoy. However, I've seen guys lose there paychecks in an hour and head out to borrow more to make it back, only to lose again. Don't like the idea of gambling online myself. Too many factors out of my eyesight. wouldn't bother me to see it gone personally. But, that's just me....dman

So you're OK with the Republican leadership legislating morality thus telling you that you don't have the right to decide to gamble or not? Gotcha.

OregonBronco · 10-02-2006, 01:13 PM

Quote:

Originally Posted by defenseman

However, I've seen guys lose there paychecks in an hour and head out to borrow more to make it back, only to lose again.

Those types of people will always find a way to throw away their lives. How many have lost their retirements in the stock market? How many have lost their houses at the horse track? How many fortunes have been lost in Atlantic City? How many have thrown away their college degrees playing computer games?

From a morality standpoint, it's another case of the irresponsible few taking away from the rest of us who want to have some fun and can still act responsibly.

broncocalijohn · 10-02-2006, 05:09 PM

Quote:

Originally Posted by OregonBronco

The difference being that now you'll have to use foreign banks to do it.

What I don't understand is that the US is turning its back on this FREAKING HUGE, MULTI-BILLION DOLLAR industry. If 3/4 of the online gaming market comes from the US, why don't we try to capture that market instead of shut it out? Are we that bad at capitalism?

I couldnt agree more. Yes, it is illegal to have most gambling in many states but with lotto and such, this is something that can bring in huge $ to the coffers and we would all be willing if we had our own gambling sites in teh USA. It wont bother me too much as I use companies that tranfer my credit card payment to either netteller or phone card then use that to get money at the poker site. My credit card company hasnt accepted my money for gambling sites for a long time. Dont know why u guys think much of this. No change for me jsut congress not seeing the $ signs but it is illegal so no change as it is currently.

yavoon · 10-02-2006, 05:40 PM

Quote:

Originally Posted by broncocalijohn

I couldnt agree more. Yes, it is illegal to have most gambling in many states but with lotto and such, this is something that can bring in huge $ to the coffers and we would all be willing if we had our own gambling sites in teh USA. It wont bother me too much as I use companies that tranfer my credit card payment to either netteller or phone card then use that to get money at the poker site. My credit card company hasnt accepted my money for gambling sites for a long time. Dont know why u guys think much of this. No change for me jsut congress not seeing the $ signs but it is illegal so no change as it is currently.

state lotto's are just a way to tax the poor. I support them!

=D

Taco John · 10-02-2006, 06:26 PM

Moving this to the main forum since there are some online sports gamblers on the site who might be interested in the topic.

OregonBronco · 10-02-2006, 06:28 PM

Quote:

Originally Posted by yavoon

state lotto's are just a way to tax the poor. I support them!

=D

Heh...more like a tax on optimism. I know plenty of middle-class to middle/upper-class people who still buy regulary. *cough*My parents*cough*

Garcia Bronco · 10-02-2006, 06:31 PM

Interesting....hopefully this will keep money from leaving the country

Dr. Broncenstein · 10-02-2006, 06:38 PM

This sucks... I want the government out of my life.. fiscally and morally.. Self responsiblity takes another hit today.

10-02-2006, 12:02 PM	#1
OregonBronco Solid Starter Join Date: Aug 2006 Location: Klamath Falls, OR Posts: 196	The death of online sports betting / gambling in the US Sad news for all of us online poker players. http://www.forbes.com/business/2006/...2gambling.html It's a good thing my government is there to keep me from hurting myself. I just don't think I could figure out right and wrong without someone else telling me what to do.

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10-02-2006, 12:13 PM	#3
bendog Marginally Continent David Bowens, he'd be an upgrade Join Date: Jun 2001 Location: Folsom Prison Posts: 19,935 Adopt-a-Bronco: David Bowens	Can you? I thought it was illegal for credit card companies to do biz? I haven't followed it. I'm not into gambling, and morally really have no problem with what the gop's doing, but ideologically I have been a goper because they have been for one-person-one-vote and more libertarian view of the individual v. the govt. I doubt I'll vote gop in 08 though

10-02-2006, 12:21 PM	#5
bendog Marginally Continent David Bowens, he'd be an upgrade Join Date: Jun 2001 Location: Folsom Prison Posts: 19,935 Adopt-a-Bronco: David Bowens	I'm lost. You'll use a mastercard/visa right? Can you get one from an overseas bank? Direct tv doesn't carry the horse racing channel, but I get it at the gym. If I had access ..... I might could get back into handicapping. I could also study for the GRE or get my spanish hablaing again .... I could read a good book .... lol

10-02-2006, 12:27 PM	#7
OregonBronco Solid Starter Join Date: Aug 2006 Location: Klamath Falls, OR Posts: 196	The problems here are: a) There was a lot of money going to businesses outside the US b) Regular gambling laws are left up to the states and online gaming completely bypasses that c) The GOP is now under control of the religious right who like to impose their views on everyone else What we have on our hands now is the modern version of prohibition. Oddly enough, though, bets from online horse racing and lotteries are not affected by this bill. Also, aside from Forbes, I have yet to see this on any mainstream US news outlets, whereas this story is all abuzz around the rest of the world's news agencies.

10-02-2006, 12:30 PM	#8
bendog Marginally Continent David Bowens, he'd be an upgrade Join Date: Jun 2001 Location: Folsom Prison Posts: 19,935 Adopt-a-Bronco: David Bowens	hmmm, somehow I guess that people who watch much network news, or who are cable news junkies, don't play online poker. It's still shameless for cnn and fox not to call out the Rel Right in Congress and the WH on this.

10-02-2006, 12:37 PM	#10
yavoon Ring of Famer Join Date: Mar 2004 Posts: 10,260	I'm pretty libertarian, but u ppl need to calm down. gambling is illegal in the vast majority of all states(besides the indian reservation thing). this isnt some radical change in position, the US gov't has always had gambling be illegal in the vast majority of america, this is just a closing of a loophole. and frankly I doubt its really closed.

10-02-2006, 01:01 PM	#17
defenseman Ring of Famer 2007 record pred. (7-9) Join Date: Apr 2001 Posts: 9,232	I enjoy a good card game now and then. Win often enough to enjoy. However, I've seen guys lose there paychecks in an hour and head out to borrow more to make it back, only to lose again. Don't like the idea of gambling online myself. Too many factors out of my eyesight. wouldn't bother me to see it gone personally. But, that's just me....dman

10-02-2006, 06:26 PM	#22
Taco John 24/7 Broncos In Elway I Trust Join Date: Apr 2001 Posts: 49,708 Adopt-a-Bronco: Peyton Manning	Moving this to the main forum since there are some online sports gamblers on the site who might be interested in the topic.

10-02-2006, 06:31 PM	#24
Garcia Bronco Hokie since 1993 Join Date: Apr 2001 Location: Denver, CO Posts: 45,991 Adopt-a-Bronco: Tom Jackson	Interesting....hopefully this will keep money from leaving the country

10-02-2006, 06:38 PM	#25
Dr. Broncenstein Overdriven Join Date: Apr 2001 Location: Sterile Fields Posts: 11,622 Adopt-a-Bronco: Wesley Woodyard	This sucks... I want the government out of my life.. fiscally and morally.. Self responsiblity takes another hit today.