Arizona has legalized fantasy sports betting! - page 3.

LUCKMCFLY

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In Arizona since September 9, the legalization of casino games and sports betting is developing, and it will continue to develop but at a slow pace.

This type of culture is an example for some countries that are planning to eliminate everything related to the advertising of gambling, as is the case of Spain and India, I suppose it is due to protection measures, but the fact that in Arizona This system is implemented, it is an example to the world.

Quote

According to the state Legislature, Arizona should get about $15 million from sports betting. That money will go to the state’s general fund, which is the state’s main bank account used for running state agencies. The state is estimating the sports betting industry is worth $134 million a year.

Source: https://www.12news.com/article/news/politics/sports-betting-goes-live-arizona/75-ecaff4eb-0da2-4b96-a6bf-1e4c4b0c22a6#:~:text=The%20Arizona%20Legislature%20added%20sports,go%20into%20effect%20on%20Sept.

The news of prohibition is more popular than that of Liberties, this type of news should be repeated in the media and on social networks every day, so that people see the other reality.

michellee

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Quote from: Cling18 on September 25, 2021, 04:59:13 AM

Quote from: madnessteat on September 16, 2021, 07:05:11 AM

This is great news. In my opinion, betting in fantasy sports is more attractive for players because it minimizes the possibility of various kinds of manipulation in the sport of fake matches, etc. I believe that over time, this area of gambling will become more widespread.

It's really exciting and interesting especially for those who are seeking fairness in gambling. This kind of improvement is what the gambling industry is looking for. Other states are also experiencing the legalization of fantasy sports betting which is a good thing.

If that can succeed, fantasy sports betting will grow and it could legalize in other countries, not just in the states because the passion for playing fantasy sports betting can increase. The fantasy sports companies will launch many new games to people to have various types of fantasy sports that they want. Well, it is just a matter of time before we see that the gambling business will grow in the future and that with support from technology, that will happen.

ChiBitCTy

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I thought that playing fantasy stuff on like Draft Kings and Fanduel were legal for everyone in the United States for quite some time, but not the case? Personally I am not a big fan of daily fantasy. It's really hard to win. The best players run a bunch of teams in the same contest and have an overwhelming advantage. More in to season long fantasy myself.

KTChampions

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Quote from: alegotardo on September 16, 2021, 07:16:27 AM

Even if the question was not directed to me, I will take the liberty of answering you...

In a fantasy tournament, managers form virtual teams of real players who participate in a sporting event or championship. They receive points depending on the results athletes demonstrate in real matches. Points can be awarded for the athlete's successful actions, for example, for an assist, a reflected penalty, or a goal scored. In this case, the points can be negative for unsatisfactory game results, eg a missed penalty, a missed goal, receiving a red card.
All points are added up and, in the end, the managers, whose virtual teams were able to place them at the top of the tournament table, win.

In my country there's CartolaFC, which is a fantasy game based on the main football championship we have, it's a lot of fun play with friends.

Wow, to be honest, I have not heard of such competition mechanics, I thought that fantasy betting is akin to completely virtual competitions that some bookmakers hold in the absence of real sports events. Sounds pretty interesting and is really good for playing with friends if you have a similar range of interests in sports with them. By the way, I remember in childhood we played something similar (but within the framework of the same football club for which we were rooting) - we tried to guess which player would score the most points at the end of the match (according to the system that my friends and I developed ourselves).

Cling18

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Quote from: madnessteat on September 16, 2021, 07:05:11 AM

This is great news. In my opinion, betting in fantasy sports is more attractive for players because it minimizes the possibility of various kinds of manipulation in the sport of fake matches, etc. I believe that over time, this area of gambling will become more widespread.

It's really exciting and interesting especially for those who are seeking fairness in gambling. This kind of improvement is what the gambling industry is looking for. Other states are also experiencing the legalization of fantasy sports betting which is a good thing.

Fortify

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Quote from: OgNasty on September 16, 2021, 02:52:12 AM

I’m just now finding out that last week Arizona changed their stance on sites like DraftKings for online sports betting. It seems like states are legalizing things that bring them revenue at a pretty good clip. I’m particularly happy about this one though, as I’ve had money stuck on my DraftKings account for a long time now. I might have to get into fantasy sports.

That's cool, glad you can finally get your money out - amazing they were allowed to hold it like that without cashing you out previously. There does seem to be a nice trend where they are legalizing a lot of stuff and letting person responsibility take over a bit more. Cannabis is another good example, it's getting legalized in many states now and it probably is less harmful than alcohol, with so many police resources being wasted on it in the past. Anyway, one step at a time the gambling industry is able to break down these silly and pointless barriers that were put up by some stuffy old republican politician who wanted to appeal to the old timers who were used to super strict laws many decades ago.

Davidvictorson

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Quote from: OgNasty on September 16, 2021, 02:52:12 AM

I’m just now finding out that last week Arizona changed their stance on sites like DraftKings for online sports betting. It seems like states are legalizing things that bring them revenue at a pretty good clip. I’m particularly happy about this one though, as I’ve had money stuck on my DraftKings account for a long time now. I might have to get into fantasy sports.

From an economic standpoint, this is good news for the state of Arizona as they join other states like Colorado, Georgia, Maryland, Nevada, New Jersey to rake in millions of dollars in revenue from this very lucrative sector. From the reviews I've read online, the best sports betting apps in the US, based on mobile betting odds, bonus offers and promo codes are DraftKings and Fanduel. For now because of regulators restrictions on the gambling industry in the US, cryptocurrencies is not accepted as a form of payment yet.

https://www.thestreet.com/crypto/news/draftkings-considered-accepting-cryptocurrency-but-regulators-didnt-approve

OgNasty

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I’m just glad I finally get to participate in fantasy sports. I’ve been waiting for a crypto alternative for years and am shocked nobody has done it well yet. Nevertheless, regulators have opened the door so that I can use existing options for my fantasy fix. I guess we’ll see how steep the learning curve is now.

michellee

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I think the government wants to benefit from legalizing online fantasy sports betting and maybe the government target is getting taxes from the gamblers or the provider. But I guess people from Arizona are not aware of that news and only gamblers who aware of that. But that is good news for those who often use fantasy sports betting, not too afraid about illegal or legal to bet on fantasy sports betting. With the links from some @Avikz and @Ryker1, I see the image showing some people are in one room placing their bet.

slaman29

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I'm not into fantasy but I had no idea it was even illegal, didn't think that sports and fantasy sports were 2 different areas of betting, but good news to hear regardless. Esports and fantasy do give a lot of new players a chance to shine where they normally may not be able to. Pools and predictor games showed me that. Is there anyone here actually from there?

chaser15

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Quote from: avikz on September 17, 2021, 07:24:06 AM

News reference: https://www.azcentral.com/story/money/business/consumers/2021/09/08/sports-betting-legal-arizona-what-to-know/5772236001/

It seems, not just fantasy sports, but they have legalized the sports betting segment altogether. But unfortunately I don't see any crypto sportsbooks there, only fiat! So the news might no be enticing to a majority of us! It's just some fiat punks getting rich.

I'm now more confused again.

I will bump my question to those who lived in Arizona, why gambling such as sports betting is banned there before? Isn't that gambling has a big market that even small leagues are getting big money on circulation.

Right, there is no crypto involved as expected since it most pointing to a fiat casino. But since gambling-related it was shared here.

Victorycoin

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A lot of good news arizona fantasy sports betting fun game and never has a chance to be anything fake the fantasy sports industry saw a big increase in mainstream popularity the format's advantages including the ability to access services, were credited with the emergence of a variety of factors including mobile devices, and aggressive marketing campaigns that promoted potential cash prizes for their biggest competition. The structure and payoffs of the daily fantasy games are a lot of fun.

goinmerry

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Quote from: OgNasty on September 16, 2021, 02:52:12 AM

I’m just now finding out that last week Arizona changed their stance on sites like DraftKings for online sports betting. It seems like states are legalizing things that bring them revenue at a pretty good clip. I’m particularly happy about this one though, as I’ve had money stuck on my DraftKings account for a long time now. I might have to get into fantasy sports.

OG, you are from Arizona? Since if you are not from that State, you can still access your DraftKings account. But if you are located there, is Draftkings allowed before since you able to open an account.

There are lots of sites offering a Fantasy Sports but not familiar for platforms that accept crypto-payments. Just weird, why online sports betting is restricted in Arizona? Or just on a specific platforms?

wxa7115

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Quote from: timerland on September 17, 2021, 04:32:53 PM

Quote from: OgNasty on September 16, 2021, 02:52:12 AM

I’m just now finding out that last week Arizona changed their stance on sites like DraftKings for online sports betting. It seems like states are legalizing things that bring them revenue at a pretty good clip. I’m particularly happy about this one though, as I’ve had money stuck on my DraftKings account for a long time now. I might have to get into fantasy sports.

Yeah, it makes a lot of sense to legalize these things.

Tax revenue is obviously a huge concern that is in favour of legalising these things. Another thing is enforcement costs - there are a ton of fantasy sports sites and services that pop up each year and it's simply unfeasible to try to shut them all down if you are banning them.

Definitely the right move, and great for the players too. Gives them a lot more freedom as to what they want to play on.

It's not really surprising that something like this is happening, almost all governments around the world are very heavily indebted and one of the ways countries tried to reduce the percentage that this represented against them was to increase the size of the economy, that way even if the level of debt was the same if the economy was growing it was easier to pay whatever loans they took.

But the pandemic increased the levels of debt and at the same time reduced the economy activity so governments all around the world are trying to find ways to increase their revenue and one easy way to do this is to legalize gambling.

DoublerHunter

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Quote from: samcrypto on September 17, 2021, 05:37:48 PM

Quote from: avikz on September 17, 2021, 07:24:06 AM

News reference: https://www.azcentral.com/story/money/business/consumers/2021/09/08/sports-betting-legal-arizona-what-to-know/5772236001/

It seems, not just fantasy sports, but they have legalized the sports betting segment altogether. But unfortunately I don't see any crypto sportsbooks there, only fiat! So the news might no be enticing to a majority of us! It's just some fiat punks getting rich.

This is a good news, and they might starting to study on legalizing crypto sportsbook as well as they grow and adopt the gambling activities as legal. Fantasy sports is a great place to bet, I do have some bets on this before and I really enjoy watching it as well. They might be a reason why they make such decisions to make gambling fully legal, whatever it is this is a good news to every gamblers in Arizona.

^ It is a good step for them and hopefully, other countries will probably see the potential benefits of legalizing gambling casinos so that operators will run them legally. Definitely right, there is a large revenue that the country will benefit from it and that is how it will help them to become a more progressive country because of the revenue that comes from the tax. However, they should have strictly monitor their people not to becomes addicted to gambling, it is the worst part when someone make a crime because they cant able to survive their activity in gambling.

samcrypto

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Quote from: avikz on September 17, 2021, 07:24:06 AM

News reference: https://www.azcentral.com/story/money/business/consumers/2021/09/08/sports-betting-legal-arizona-what-to-know/5772236001/

It seems, not just fantasy sports, but they have legalized the sports betting segment altogether. But unfortunately I don't see any crypto sportsbooks there, only fiat! So the news might no be enticing to a majority of us! It's just some fiat punks getting rich.

This is a good news, and they might starting to study on legalizing crypto sportsbook as well as they grow and adopt the gambling activities as legal. Fantasy sports is a great place to bet, I do have some bets on this before and I really enjoy watching it as well. They might be a reason why they make such decisions to make gambling fully legal, whatever it is this is a good news to every gamblers in Arizona.

Johnyz

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Is there any supporting links about this one?
Though legalizing Gambling is always a good news for the gamblers especially on that area. I’m not familiar with the game but in general, this is what the gamblers wants and its good that they are slowly making things legal. This might be a reason to increase their collections in taxes, they need more funds for sure.

Ryker1

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Well, I found it here ^{[ https://www.usbets.com/arizona-sports-betting/ ]}.
I dont know that place but I think that is a good start for them in order to boost their economy, we know that there are too many gambling operators by now who legally operate their casino and I think they belongs in this business sector that was very successful as of now. We know how widely those who are operate gambling casinos and for sure the collected tax should be also increased because of the tax. Therefore --as I can say it is really helpful if we are talking about tax.

Wakate

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You are very lucky and you should try and move it out. I think each state in the United States have there own laws and cam determine what they want and what they dislike. At least gamblers will be able to continue there usual activities without having any restrictions. Since the government are in for the money, they might give more ears to firms that are ready to dance well to the tune of the music.

timerland

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Quote from: OgNasty on September 16, 2021, 02:52:12 AM

I’m just now finding out that last week Arizona changed their stance on sites like DraftKings for online sports betting. It seems like states are legalizing things that bring them revenue at a pretty good clip. I’m particularly happy about this one though, as I’ve had money stuck on my DraftKings account for a long time now. I might have to get into fantasy sports.

Yeah, it makes a lot of sense to legalize these things.

Tax revenue is obviously a huge concern that is in favour of legalising these things. Another thing is enforcement costs - there are a ton of fantasy sports sites and services that pop up each year and it's simply unfeasible to try to shut them all down if you are banning them.

Definitely the right move, and great for the players too. Gives them a lot more freedom as to what they want to play on.

Topic: Arizona has legalized fantasy sports betting! - page 3. (Read 445 times)