Sports betting through California mobile apps: Kentucky Derby, Belmont Stakes, Preakness Stakes and local horse racing. California is considered to be a pretty progressive state; however, they’re not quite as progressive as other states such as Nevada, Pennsylvania, and New Jersey where online betting is completely legalized. This means that it’s pretty much okay for a sports bettor in California to place his or her bet on a horse that finishes in first place in the current odds. Although this might seem odd, it actually makes a lot of sense, especially since the likelihood of a winning bet increase exponentially when you make one more bet. In fact, according to sports betting expert John Morrison, winning a single bet from California will give you more money than you would win if you wager on the Kentucky Derby and the Preakness Stakes.
If you live in California, you have plenty of options when it comes to wagering on horses. Although it’s still illegal in some places to wager on professional racing events in the state, online sportsbooks are allowed to do so under certain regulations. For example, in the city of San Francisco, online wagering is perfectly acceptable as long as you have a valid license. If you live outside of California, you may still be able to enjoy the excitement of picking numbers for the Belmont Stakes and the local Derby, but you’ll probably have to look elsewhere to find good selections.
Unfortunately, there’s no current law preventing the state of California from becoming more of a gambling mecca. Still, the California tribes feel that they have the right to protect their interests. “The attorney general has not done anything to eliminate sports betting,” said Assemblyman Dasgupta. “We believe that the attorney general’s responsibility is limited to reviewing the bill and making comments about it.” Unfortunately for the state’s tribes, this is exactly what he has done.
As a member of the oversight and legislative committee, Assemblyman Dasgupta has had an active role in ensuring that the state gets what it wants: the passage of a comprehensive gambling bill. The hearing he hosted earlier this year helped spark the controversy over the California tribes’ proposed ban on sports betting. At the hearing, Dasgupta repeatedly told members of the Assembly that the proposed ban on online gambling was necessary because California is already suffering the negative effects of tribes operating out of state. This claim, according to opponents of the ban, is simply a transparent attempt to sway the voters on the November ballot measure.
The argument for legalization centers on three concerns. The first is that the State of California should have the freedom to regulate its own legal casinos. Opponents argue that the State should restrict itself to license existing card rooms, which are overwhelmingly dominated by minority members. Second, the State should not interfere with the free market at online casinos, which have already established themselves and are clearly demonstrating a sound business model. Finally, it is argued that California should not lose its heritage as the center of the American sports betting industry, which was largely left in the hands of free-market entrepreneurs. Legalizing the current card rooms allows them to continue serving their customers, many of whom have no other choice.
The arguments presented by the California State Attorneys General against the legalization of online sports betting have all been disputed by the California State Attorneys General. It should be noted that the AG’s office has received donations from the Card Players Association of America, which is one of the primary forces behind the opposition to legalized sports wagering in California. The AG’s official position is that there is no evidence that establishing a legal sports betting market would aid any minority groups or provide any public benefit. The sports betting industry, according to the Attorneys General, already has more than enough diversity and financial resources to serve the diverse interests of California residents, especially the California Native Americans who participates in gambling on the traditional sports teams and events.
Proponents of legalization of online betting also argue that regulating the sportsbooks does not benefit California consumers. Regulating the sportsbooks serves only to protect the revenues of the regulated sportsbooks, and not to benefit the rest of California consumers, who would benefit from a legalized sports betting market and the new tax and license opportunities that go along with it. The tax and license opportunities will allow more sportsbooks to expand into other regions of California, thereby increasing the number of options for sports betting in California. This will create more competition among sportsbooks, thus increasing the incentives for each sportsbook to offer better customer service and more competitive wagering limits. Thus, by legalizing sports betting, the state will be able to increase the number of betting exchanges and sportsbooks throughout the state, increasing consumer access to reliable gambling sports books.
The California State Attorneys General has been quite successful in arguing against legalized sports betting, but it appears that the California State Legislature may have a point when it comes to legalizing sports betting. California has the fourth-highest reported payout out-of-state, but its highly concentrated sports betting culture makes it uniquely vulnerable to illegal sports betting activity. However, the efforts of the California State Attorneys General and Governor Jerry Brown to stop the California State Proposition B – which would regulate poker rooms and online gaming – may be defeated. There is no doubt that many states will soon have legal sports betting markets – and the controversy over Prop B is merely a flashpoint.