Sports
Related: About this forumHow the explosion of prop betting threatens the integrity of pro sports
Prop bets are wagers that depend on an outcome within a game but not its final result. They can often involve an athletes individual performance in some statistical category for instance, how many yards a running back will rush for, how many rebounds a basketball center will secure, or how many strikeouts a pitcher will have. Theyve become routine offerings on sports betting menus.
For example: As I write this, I am looking at a FanDuel account I opened years ago, seeing that, for the Green Bay Packers-Pittsburgh Steelers game currently in progress, I can place a wager on which player will score a touchdown, how many yards each quarterback will throw for and much, much more. As the game progresses, the odds constantly shift allowing for what are called live bets.
Returning to my student who lost the bet on Lawrences pass completion: Its possible hed placed a bet on Lawrence to throw fewer than a set number of yards. Or he could have been part of a fantasy league, which is also dependent on individual player performances.
Either way, a problem with prop bets, from an anti-corruption perspective, is that an individual can often control the outcome. You dont need a group of players to be in on it which is what happened during the infamous Black Sox Scandal, when eight players on the Chicago White Sox were accused of conspiring with gamblers to intentionally lose the 1919 World Series.
https://www.newsfromthestates.com/article/how-explosion-prop-betting-threatens-integrity-pro%C2%A0sports
Bernardo de La Paz
(59,859 posts)RandySF
(78,888 posts)RockRaven
(18,204 posts)can, at least in the case of the NFL, own the sports books too (there is a percent limit, but the limit is per person and each team can have multiple/many owners, AND the NFL purposely hides who owns any such shares).
You know, it used to be that NFL media employees could not mention gambling/odds/etc. without risking their jobs. Now they MUST do so on air because the owners flipped positions when they saw how much money they could make off of it.
So the team owners employ both the refs and the players and the trainers and the coaches; and write the rules and control their enforcement; and may own the gambling outfits; and also get ad/sponsorship revenue from the gambling outlets. Even if prop bets were outlawed, the appearance of shadiness would remain intact. Every time a player is benched or traded, every bad call, every dumb coaching decision, it is all an appearance of corruption invited by being in bed with the sports books.