http://ftw.usatoday.com/2018/03/dan-patrick-gambling-legalized-sports-betting
An anticipated U.S. Supreme Court ruling following a six-year-long legal battle between the state of New Jersey and major sports leagues could pave the way for states to legalize betting. The NBA is already preparing, and wants 1% of bets should gambling become legal nationwide.
Dan Patrick discussed the prospect of legalized sports betting on his show Tuesday, and said that there’s too much money to be made for gambling to remain illegal in most states.
“It’s going to happen, there’s so much money here. You’re going to have advertising on jerseys in all of these sports – we talked about this years ago – and you’re going to have legalized gambling. To what degree? I don’t know.
The NFL can’t act like they’re not all in on this. Everybody wants to know what they’re getting. All of these leagues want to know ‘how big a piece do I get?’ Because I’ve never met a billionaire who goes ‘I’ve got way too much money, the last thing I need is some more money.'”
Patrick also opened up on his own gambling addiction, and said that at one point in his life he was “hook, line and sinker.”
“Oh I don’t like it. I don’t like the fact that it could be that easy to do it because I know that I got… I mean I was in hook, line and sinker. I was in deep.
I was in deep but I ended up winning, but I was in a bad position there for a little while. And I didn’t know how I’d pay it, and I never told my family. You can get into that because everybody thinks they’re smarter than these guys, the sharks, and I did too. And all of a sudden you double up. You lose two games, I’d lose the 1:00 and the 4:00 and I’d double up on the Monday night game.
That’s not a good philosophy. And I even had my bookie who would say ‘you know, you might not want to bet this week.’ No, no, no, I got it.
That would be the only thing that would concern me, is once you get in and you win that first time. You win at the buzzer, the final seconds, man it’s a high. But when you start to lose, then you get really stupid.”
An anticipated U.S. Supreme Court ruling following a six-year-long legal battle between the state of New Jersey and major sports leagues could pave the way for states to legalize betting. The NBA is already preparing, and wants 1% of bets should gambling become legal nationwide.
Dan Patrick discussed the prospect of legalized sports betting on his show Tuesday, and said that there’s too much money to be made for gambling to remain illegal in most states.
“It’s going to happen, there’s so much money here. You’re going to have advertising on jerseys in all of these sports – we talked about this years ago – and you’re going to have legalized gambling. To what degree? I don’t know.
The NFL can’t act like they’re not all in on this. Everybody wants to know what they’re getting. All of these leagues want to know ‘how big a piece do I get?’ Because I’ve never met a billionaire who goes ‘I’ve got way too much money, the last thing I need is some more money.'”
Patrick also opened up on his own gambling addiction, and said that at one point in his life he was “hook, line and sinker.”
“Oh I don’t like it. I don’t like the fact that it could be that easy to do it because I know that I got… I mean I was in hook, line and sinker. I was in deep.
I was in deep but I ended up winning, but I was in a bad position there for a little while. And I didn’t know how I’d pay it, and I never told my family. You can get into that because everybody thinks they’re smarter than these guys, the sharks, and I did too. And all of a sudden you double up. You lose two games, I’d lose the 1:00 and the 4:00 and I’d double up on the Monday night game.
That’s not a good philosophy. And I even had my bookie who would say ‘you know, you might not want to bet this week.’ No, no, no, I got it.
That would be the only thing that would concern me, is once you get in and you win that first time. You win at the buzzer, the final seconds, man it’s a high. But when you start to lose, then you get really stupid.”
