New Jersey Gains Advantage in Federal Court Battle to Legalize Sports Gambling

Federal Court Battle to Legalize Sports Gambling

The state of New Jersey and the four major professional sports, the NFL, MLB, NHL and NBA along with the NCAA are engaged in a knockdown winner take all fight over legalizing sports betting. New Jersey wants a piece of the $500 billion bet on sports in the United States on a yearly basis. Of this total, only about one percent of it takes place through legalized betting in Nevada.

For the state of New Jersey, legalized betting could help their battered economy which is suffering from the prolonged impact of the US recession and the traumatic devastation caused by Hurricane Sandy. Governor Christie of the state of New Jersey wants to take sports betting out of the hands of the criminals and into the control of the state.

The sports leagues and the NCAA have argued that the 1992 Professional and Amateur Sports Protection Act prohibits gambling in all but four states. Sports gambling is permitted in only Nevada, Delaware, Montana and Oregon. In 2007 Oregon ended its association with sports gambling and the betting in Montana and Delaware is limited to fantasy football and multiple bets within one wager on the … Read more at FryingPanSports

Betting For The 2012-13 NFL Season Begins

The upcoming National Football League (NFL) appears to be gearing up with intensity. Odds on the 2012-13 conference winners, Super Bowl champion and other match-ups are already being offered by several online Sports-books.

Super Bowl 2012-13 Favorites

The Green Bay Packers have been listed as favorites for Super Bowl champions by several sports betting sites including 888Sports, William Hill and bet365 and their odds range from 6/1 to 11/2. Odds of 7/1 are being offered by Hill on the Patriots, 10/1 on the Texans , 14/1 on the Eagles and 49ers. The other betting sites are pretty much in line with these numbers.

888Sports has odds of 18/1 on the 2012-13 winners, the Giants, while Hill and bet365 have odds of 20/1 hinting that the Giants may not repeat their victory. Therefore, this season offers a great chance to bet on an unlikely winner.

Betting on Conference and Other Matches

The three top online sports books show odds in favor of the Packers for the NFC Conference and the Patriots for the AFC Conference. Their Week 1 placements and spreads show some possible big games between the Cowboys and Giants, 49ers and Packers and Steelers and Broncos.

Several player season … Read more at FryingPanSports