Just listened to a podcast on the economics of sports gambling. They noted how pro sports benefit from the interest gambling generates; that benefit used to be offset by increased risk of scandal, but this has largely disappeared due to multi-million $ salaries. Why would any athlete risk their salary for $10,000 under the table?
The economist on the pod mentioned the NCAA as the big loser in the rapidly accelerating legalization of sports gambling. How much is going to be wagered on college FB and BB this year? Billions, right? And the participants are receiving nothing in terms of immediate, liquid compensation.
Will a scandal emerge this year? Next? It can't be long.
As a degenerate gambler, whom do you approach about fixing a game? The kicker? A DB who can give up a big, game-changing play? The OC who can help to ensure the under? The QB, who mas more control than anyone else (but also the most obvious)?
The economist on the pod mentioned the NCAA as the big loser in the rapidly accelerating legalization of sports gambling. How much is going to be wagered on college FB and BB this year? Billions, right? And the participants are receiving nothing in terms of immediate, liquid compensation.
Will a scandal emerge this year? Next? It can't be long.
As a degenerate gambler, whom do you approach about fixing a game? The kicker? A DB who can give up a big, game-changing play? The OC who can help to ensure the under? The QB, who mas more control than anyone else (but also the most obvious)?