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 Post subject: Mac on Betting....
PostPosted: Thu Feb 15, 2007 7:13 pm 
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As most of you know through my posts I probably tend to agree with more left wing ideas than right, but I consider myself an independent. Anyway, I notice Mac blamed this off-shore betting problem on the right-wing party. Correct me if I'm wrong, but hasn't this been a pretty strong bi-partisan effort? Did Mac jump the gun just because of his fristration with a right-wing influenced FCC?


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PostPosted: Thu Feb 15, 2007 7:15 pm 
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Ryan, I elect not to use the off-shore gambling sites, but I'm sure the PRIMARY problem is that the United States isn't getting any cut of the action. Instead citizens are sending money out of the country, that they could be losing in Vegas, on the boat, or instead of gamgling, they could spend the money at some retail store.

Like you said, it has nothing to do with left-wing, right-wing, etc. It's a matter of sound principle.


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PostPosted: Thu Feb 15, 2007 7:15 pm 
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Coast has disappeared lately, but this thread will get him back.

Since it didn't affect me directly, I didn't spend much time with this legislation, so I couldn't tell you.

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PostPosted: Thu Feb 15, 2007 7:17 pm 
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Yea, that's the way I understood it grid.


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 Post subject: Re: Mac on Betting....
PostPosted: Thu Feb 15, 2007 7:21 pm 
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Woodridge Ryan wrote:
As most of you know through my posts I probably tend to agree with more left wing ideas than right, but I consider myself an independent. Anyway, I notice Mac blamed this off-shore betting problem on the right-wing party. Correct me if I'm wrong, but hasn't this been a pretty strong bi-partisan effort? Did Mac jump the gun just because of his fristration with a right-wing influenced FCC?


Bernie Nichols was neither a right wing nor a left winger .He played center Ryan . 8)

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PostPosted: Thu Feb 15, 2007 7:26 pm 
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Ryan, if there's one thing to learn about the US Gov't, its this; everything in politics is partisan.

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PostPosted: Thu Feb 15, 2007 8:12 pm 
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It was introduced by Bill Frist (I believe), and attached to the Port Security Bill, but it's clearly an issue that no politician (or very few) aren't going to back as it's an easy win.

A lot of the books (Pinnacle, Bet365 to name two) shut their doors to US Consumers, and the intermediate sites (like FirePay and Netteller) no longer allow US customers to move $$$$ back and forth to gambling site, and are no longer an option as well.

Currently, I am still gambling online, and the books are finding different ways to keep their US base.


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PostPosted: Thu Feb 15, 2007 8:57 pm 
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NOOOOO!!! Scholar you have to change that avatar!!!

Immediately!!!

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PostPosted: Thu Feb 15, 2007 9:07 pm 
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What's the big deal?

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PostPosted: Thu Feb 15, 2007 9:20 pm 
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I broke that bone once. I'm physically cringing just knowing that's on the page.

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PostPosted: Thu Feb 15, 2007 9:23 pm 
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Snaping leg avatar changed and this post has subsequently been edited.
We now resume with our regularly scheduled programming.

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Last edited by Fargin Bastage on Fri Feb 16, 2007 10:29 am, edited 1 time in total.

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 Post subject:
PostPosted: Fri Feb 16, 2007 9:40 am 
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Quote:
United States isn't getting any cut of the action


Why the government doesn't legalize internet gambling in the United States and tax it, I will never understand. Like the failure of the prohibition, gambling will occur inevitably, they might as well tax it and take the criminal aspects out of it.

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PostPosted: Fri Feb 16, 2007 9:47 am 
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The bill was introduced by Republicans, but both parties signed off on it. The best part about it, was one of the guys at the forefront. None other than Tom Osborne, who is a representative from Nebraska ( where the N stands for knowledge ). Tom Osborne is gonna protect people now. Where was he to protect Lawrence Philips's girlfriend ?

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 Post subject:
PostPosted: Fri Feb 16, 2007 10:16 am 
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OakBrookJoe wrote:
Quote:
United States isn't getting any cut of the action


Why the government doesn't legalize internet gambling in the United States and tax it, I will never understand. Like the failure of the prohibition, gambling will occur inevitably, they might as well tax it and take the criminal aspects out of it.



Because gamblers ruin their lives and their family's lives, then I gotta support them. If I don't have to pay taxes to them, or get sued by them for having gambling legal, then I say let them ruin their lives.
The fact is, is that the social cost is too high. Many of you will dispute that.....oh well!


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PostPosted: Fri Feb 16, 2007 10:23 am 
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Quote:
Many of you will dispute that.....oh well!


I do. Many people ruin their lives through alcohol as well. I am like you and do not enjoy paying for sorry saps, but would you rather the gambler bet to a bookie or a government regulated gambling agency that could limit how much an individual could gamble? Would you like to see your taxes reduced because the government is taxing billions from the gamblers? I don't like the government telling me what I can and can't do, but I do understand your position.

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PostPosted: Fri Feb 16, 2007 10:24 am 
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scorehead 84, I don't disagree with your concern, but are you going to try and justify alcohol but not gambling?


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PostPosted: Fri Feb 16, 2007 12:28 pm 
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Because gamblers ruin their lives and their family's lives, then I gotta support them. If I don't have to pay taxes to them, or get sued by them for having gambling legal, then I say let them ruin their lives.
The fact is, is that the social cost is too high. Many of you will dispute that.....oh well!


Two words for you:
Stock Market

I fucking hate all those degenerate investors who drain the economy by blowing their life savings on Enron & Tyco. Now I have to support them.

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 Post subject:
PostPosted: Fri Feb 16, 2007 1:28 pm 
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[/quote="OakBrookJoe"]
Quote:
Many of you will dispute that.....oh well!


I do. Many people ruin their lives through alcohol as well. I am like you and do not enjoy paying for sorry saps, but would you rather the gambler bet to a bookie or a government regulated gambling agency that could limit how much an individual could gamble? Would you like to see your taxes reduced because the government is taxing billions from the gamblers? I don't like the government telling me what I can and can't do, but I do understand your position.[/quote]

If you allow legal gambling, and you can offset gambling winnings with legal losses, as is the case now, there won't be as much tax revenue as you think.
It is said, and no I don't have any empirical study to quote, that for every dollar wagered, there is a 2 dollar social cost. Divorce, crime, etc..I think gambling is a net loss to the taxpayer.


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PostPosted: Fri Feb 16, 2007 2:00 pm 
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If you allow legal gambling, and you can offset gambling winnings with legal losses, as is the case now, there won't be as much tax revenue as you think.
It is said, and no I don't have any empirical study to quote, that for every dollar wagered, there is a 2 dollar social cost. Divorce, crime, etc..I think gambling is a net loss to the taxpayer.


The revenue comes from taxing the juice, not taxation of the gamblers.
Gambling is already legal. Look at all the riverboat casinos and the state operated lottery itself.
What we are discussing is wagering on sporting events, which BTW is also legal in this country but only in Vegas.
It's fucked up logic. I wouldn't be surprised if all these off shore bills don't have a Las Vegas lobby behind them.

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PostPosted: Fri Feb 16, 2007 2:21 pm 
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Quote:
The revenue comes from taxing the juice, not taxation of the gamblers.


Correct, I mispoke that is what I meant.

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 Post subject:
PostPosted: Fri Feb 16, 2007 7:59 pm 
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Woodridge Ryan wrote:
scorehead 84, I don't disagree with your concern, but are you going to try and justify alcohol but not gambling?


I'm not sure how to answer this WR. I understand your comparison, but for me, it's like saying jaywalking laws are not enforced so burglary laws shouldn't be either. They're both crimes but different.
It's not a good answer but I don't look at things that way. I just look at the singular issue.
P.s. not my best post, but it's the best I can do just before a poker game :wink:


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PostPosted: Fri Feb 16, 2007 10:44 pm 
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Big government eventually gets around to fucking to everyone.

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PostPosted: Sat Feb 17, 2007 1:28 pm 
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Mr. Reason wrote:
Big government eventually gets around to fucking to everyone.



I guess F. Constanza does have a chance of losing his virginity after all!


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PostPosted: Sat Feb 17, 2007 2:48 pm 
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Why the government doesn't legalize internet gambling in the United States and tax it, I will never understand. Like the failure of the prohibition, gambling will occur inevitably, they might as well tax it and take the criminal aspects out of it.


agreed.....and start using hemp products as well. eliminate the use of trees for paper, etc..
with legalized gambling, you could pretty much solve homelessness, hunger...

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PostPosted: Sat Feb 17, 2007 4:02 pm 
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Linda S. wrote:
I guess F. Constanza does have a chance of losing his virginity after all!


actually linda, i didnt wake up alone today (i know, you're all happy for me..). and she didnt even work for the government!


Caller Bob.

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PostPosted: Sun Feb 18, 2007 1:43 pm 
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back in the usa, where gambling is increasingly more difficult. Yes it was the right wing morality police who wrote the bill, but the lefties (led by Pelosi when she was Minority leader in October) signed on too and only a few Ds opposed it. The best part was the justification that offshore gambling is a laundry for Al Quaida money. Let's see...AQ was the instigator behind Iraq (wrong) and the source of dirty money in internet gambling (wrong). What else can the Bushies and Pelosis pin on Osama?

And yes, I suppose gambling does have a social cost, but so do alcohol and organized religion...and we don't outlaw those vices...


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PostPosted: Mon Feb 19, 2007 5:10 pm 
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QUESTION: we all know that sports betting is legal in vegas. under the current law, what is stopping ceasars, the mirage, and bellagio from opening up an online sports book, based in vegas?

are there any loopholes that would allow them to do this? probably not, because the people in vegas are too smart not to identify it by now.

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PostPosted: Mon Feb 19, 2007 5:13 pm 
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a little law that has become the catchall to justify federal intrusion into every aspect of our lives known as the interstate commerce act


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