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Sports Betting Illustration “We know the behaviors have been out there,” says Jeffrey Gerttula, executive vice president and general manager for CBS Sports Digital. “It can’t always be office pools.” Gambling has rarely been something given full consideration on national TV. Sure, some fans will remember Jimmy “The Greek” Snyder predicting football scores on CBS Sports pregame shows in the 1970s and ’80s. But the subject remained taboo. These days, national sentiment is changing — just as it is about marijuana use. Many TV networks were happy to run dozens of ads for fantasy-sports sites DraftKings and FanDuel in the 2015-16 football season until legal concerns drove those two entities from the airwaves. Now, sports leagues themselves are setting up agreements with companies that consider the odds. Last year, for example, Major League Baseball struck a deal with MGM Resorts that lets the two parties share statistics and promote gaming. Yet the big bet here isn’t just about making money from people who want to put $15 on their favorite football team on Sunday. The companies are also laying down stakes on the future of the TV business. What better way to get people to watch live TV than to give them the chance to figure out how to make money off it?

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Sports betting became legal one year ago, and some experts think New Jersey could someday overtake Las Vegas Cincy had won the American Athletic Conference Tournament the previous weekend and when the Bearcats jumped out to an 18-5 lead, it looked like a fine start to the day. Then Iowa shot 65 percent from the field in the second half and roared back to win by seven. No problem, right? Still had Wisconsin starting in 90 minutes. When our guy went back to put another $3,500 on the Badgers, he was told his limit had been cut to $2,800, essentially telling him that if he wanted to recoup the $3,500 he lost on Cincinnati, he’d have to win two games. Casinos may impose limits at their discretion to limit their liability. It’s well within the regulations, but a restriction new to many bettors in this region of the country. Aggravated, the guy jumped in a cab and went to the Borgata. He was able to get $3,500 on Wisconsin, which fell apart in the second half and lost by 18.

For the original version including any supplementary images or video, visit https://www.inquirer.com/sports/sports-betting-legalization-one-year-new-jersey-pennsylvania-las-vegas-20190514.html

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