Anyone who watched this last weekend’s slate of NFL games probably noticed a whole lot of advertising for fantasy football one day tournaments. They promised millions and were willing to get new comers started with a $100 or $200 free entry.
Now Rep. Frank Pallone (NJ-D) is asking Congress to investigate if Draft Kings and Fan Duel are in fact gambling on sports.
Apparently there is a carve-out in the online gambling laws that allows for fantasy football, but these two outfits seem to be driving a Mack truck through that loophole.
“Fans are currently allowed to risk money on the performance of an individual player. How is that different than wagering money on the outcome of a game?” he wrote.
They’re gamboling. Its just a technicality
(: to run or jump in a lively way…as in football)
Yes, by all means. Let’s get congress to investigate Fan Duel to see if some drunken sports geeks are spending too much time fantasizing about their favorite players. After all, it’s not like there’s anything important to do like… oh, I don’t know… STOP OUR GODDAMN ANTI-AMERICAN PRESIDENT FROM GIVING HIS PSYCHOTIC MUSLIM BROTHERS IN IRAN A NUCLEAR BOMB?!?!??!
Of course it’s gambling.
But gambling is at worst a vice,
and vices are not crimes.
The govt should butt out.
Simple von Mises economics. People will do stuff they want to do. If laws are put in their way they will find the most reasonable or comfortable way to do things – but they will still do them.
Can you sign up using an EBT card?
I’ve always been suspect over contest that award prizes like a million bucks or so. I mean really? Does anyone actually know of a person who has won a million bucks from say, McDonalds and their monopoly games?
A man can suck another man’s dick and the Supreme Court bows in acceptance but bet on a football game and you are an anti American criminal.
The Feds came down hard on offshore Texas Hold’em a few years back.
Many pro gamblers lost big time.
I have been questioning when they will step in on this.
As much as they advertise, there must be big money.
It’s Medical Marijuana for gamblers. It ain’t going away. And Barky probably spends at least four hours a day wasting time on it..
Begs many questions like…
How are emerging market funds not gambling?
How are insurance bonds not gambling?
How are real estate investment not gambling?
Why is it the government’s business to stop some sorts of gambling but not others?
And what part of the Constitution makes any of the above the business of the Federal Government?
Pallone the Ass wants his cut.
The guy’s a first class jerk.
Activities such as this should be the sole purview of organized crime. At least the mob will run it efficiently, and with less hassle than having the Feds regulate it.
It really is no different than poker betting online. And that’s why a sleazy NJ politician is all over this. He is, after all, a paid for bitch of the NJ gambling interests. He, along with every Republican in the pocket of Sheldon Adelson, will be all over this.
Count on it.