Current:Home > MarketsTradeEdge-The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes -WealthRoots Academy
TradeEdge-The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
Indexbit Exchange View
Date:2025-04-07 10:45:30
TRENTON,TradeEdge N.J. (AP) — After an unexpected loss in which he threw four interceptions in September, Auburn quarterback Payton Thorne heard from bettors angry that his subpar statistics lost bets for them. Some contacted him over the Venmo cash transfer app, asking him to refund their losses.
In March, North Carolina basketball player Armando Bacot said he got over 100 direct messages on social media from angry gamblers when he did not make enough rebounds for their bets to win.
Now the state whose U.S. Supreme Court victory led to an explosion of legal sports betting across America is considering banning such bets involving the statistical performance of college athletes.
New Jersey argues that student athletes are more accessible and thus more vulnerable to pressure and harassment than professional players, given that they eat in the same dining halls, live in the same dorms and attend classes with many other students.
“Not all of what has come from the legalization of sports betting has been positive,” said state Sen. Kristin Corrado.
A bill before the state Legislature would ban so-called proposition bets, commonly known as “props,” on what a particular athlete does or doesn’t do in a game. That can include how many touchdowns a quarterback throws, how many yards a running back accumulates, or how many rebounds a basketball player collects.
Austin Mayo, assistant director of government relations for the NCAA, said 1 in 3 players in sports that are heavily bet on have reported receiving harassment from gamblers.
The association wants such bets prohibited nationwide. If it passes the bill, New Jersey would join 13 other states that ban college prop bets, according to the American Gaming Association: Ohio, Maryland, Vermont, Louisiana, Arizona, Colorado, Massachusetts, Oregon, New York, Pennsylvania, Tennessee, Virginia and West Virginia.
But Bill Pascrell III, a lobbyist for numerous gambling and sports-betting companies, said there has not been a demonstrable level of serious harm from college prop bets, which he said constitute 2% to 4% of the legal sports betting industry.
“When we ban any type of bet, particularly those that had been legalized, we’re pushing the bettor to the black market,” he said.
New Jersey allows betting on college games but prohibits it on teams from New Jersey or on games from out-of-state teams that are physically played in New Jersey.
Pascrell said that the recent tournament success of New Jersey colleges Seton Hall and St. Peter’s were bet on, either with illegal offshore internet sites, or legally by gamblers traveling to other states where it is permitted.
The bill was approved and released from an Assembly committee Thursday. It still must be approved by both full chambers of the Legislature and signed by Gov. Phil Murphy to become law.
New Jersey’s lawsuit challenging a ban on legal sports betting in all but four U.S. states led to a 2018 Supreme Court ruling allowing any state in the nation to offer it; 38 currently do, and Missouri will soon become the 39th.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (961)
Related
- Intel's stock did something it hasn't done since 2022
- Combined reward in case of missing Wisconsin boy rises to $25,000
- CBS News poll analysis: Who's voting for Biden, and who's voting for Trump?
- Prosecutors drop charges midtrial against 3 accused of possessing stolen ‘Hotel California’ lyrics
- Intellectuals vs. The Internet
- Mifepristone abortion pills to be carried at CVS, Walgreens. Here's what could happen next
- Caitlin Clark wins 3rd straight Big Ten Player of the Year award to cap off regular season
- Kirk Cousins landing spots: The cases for, and against, Vikings, Falcons options
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Drake Bell to discuss alleged sexual abuse while on Nickelodeon, new docuseries says
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- A new IRS program is helping its first users file their income taxes electronically. And it’s free
- Love Is Blind's Chelsea Shares What Wasn’t Shown in Jimmy Romance
- Mifepristone abortion pills to be carried at CVS, Walgreens. Here's what could happen next
- Intel's stock did something it hasn't done since 2022
- EAGLEEYE COIN: Privacy Coin: A Digital Currency to Protect Personal Privacy
- Climate Rules Reach Finish Line, in Weakened Form, as Biden Races Clock
- Shirt worn by Colin Firth as drenched Mr. Darcy in 'Pride and Prejudice' up for auction
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Lucas Giolito suffers worrisome injury. Will 'pitching panic' push Red Sox into a move?
Lucas Giolito suffers worrisome injury. Will 'pitching panic' push Red Sox into a move?
Daylight saving time change won't impact every American, why some states choose to stay behind
Sonya Massey's father decries possible release of former deputy charged with her death
Another inmate found dead at troubled Wisconsin prison
Church authorities in Greece slap religious ban on local politicians who backed same-sex marriage
Thousands of voters in Alabama district drawn to boost Black political power got wrong information