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Bookmaking Operations in the 21st Century

Scott Meisner Los Santos Daily News • 29th April, 2021

 

 

Sports Betting is ingrained in U.S Culture

The desire to bet on sports has a long history in the United States, dating back to 1665 when the first horse racetrack was built. This has historically been captured through the illegal sports betting market, with placed bets measuring around $150 billion last year (based on government-commissioned reports). The dynamic changed when the Supreme Court overturned the Professional and Amateur Sports Protection Act in May 2018, allowing states to legally offer sports betting. Since then, 22 states and the District of Columbia have legalized athletic wagering, and we expect another 17 states will do so by 2023.

 

How do the laws regarding legality look like in the State of San Andreas?

The California Gambling Law, Regulations and Resource Book states that residents of California must be 21 years of age or older to part-take in online casinos, gambling lounges, or sportsbooks. It also states that at this time, it is illegal to start your own gambling business in this state (S.A. would be the same).

 

With the rise of online gambling and legalization of sports betting spreading to more and more States, why is the regular street bookie still relevant?

Until there is a betting shop on every street corner in the U.S, bookies will still be the go-to guys. Why is that so?

ACCESSIBILITY

Working with a bookmaker, you have the ability to place down a bet immediately. A bookie offers benefits that an online casino generally wouldn't be able to offer. Got your hands on some insider information regarding a team, and you wanna change your bet in the last couple of minutes before the game start? You're free to do so. A bookmaker offers flexible betting hours, along with fast responses.

CREDIT

Gambling will always be driven by the customer. The guy that has no money in his pocket is still gonna call the local bookmaker to bet, because he could bet with no money. Bookmakers offer flexible credit policies, suiting the gambler. 

 

Other Comments

The whole concept of sports betting may be confusing for some however I recommend you to try it out and you'll get the hang of it. In my opinion, it's an underrated type of gambling roleplay which lags severely behind the regular types of gambling like poker or blackjack. People like to get hung up on the Mafia aspect of this, and would rather not risk their money. This is being done on a somewhat of a Mafia-connected character, however most bookies in the U.S have some connection to organized crime, whether that be for protection purposes or some other benefits. Credits to Anthony Scuopo of LS-RP for the thread layout idea.

 

 

 

 

 

 

Edited by scandal
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