NY Attorney General say NO to Fantasy Gambling

[Boscar Obarra]

http://www.nytimes.com/2015/11/11/sports/football/draftkings-fanduel-new-york-attorney-general-tells-fantasy-sites-to-stop-taking-bets-in-new-york.html?smid=tw-share

They\'re lucky they got away with it for this long.

If you\'re running a scam, be very careful not to wake the neighbors.

\"“It is clear that DraftKings and FanDuel are the leaders of a massive, multibillion-dollar scheme intended to evade the law and fleece sports fans across the country,” Mr. Schneiderman said, adding, “Today we have sent a clear message: not in New York, and not on my watch.”\"

Actually , I\'m not sure what the scam part is about (the guy who used the pool info?), maybe someone else knows.

[johnnym]

Government is out of control.
Wish he was as concerned with the $40,000,000 gas station scam in the middle east.

[jmh384]

regulation makes it more fair. the regulation in the horse industry has made it fair

[belmont3]

Slow night on Ford Ave.

Where does the Draft King, Fan Fuel fit in the world of scandals...if there really was a scandal:



Bigger or smaller than:
http://creative.nydailynews.com/grandslam   CCNYY

http://www.bettingsports.com/sports-betting-scandals/connie-hawkins/   the Hawk

http://espn.go.com/espn/chalk/story/_/id/11633538/betting-chronicling-worst-fix-ever-1978-79-bc-point-shaving-scandal   Boston


http://www.nola.com/horseracing/index.ssf/2011/07/scandals_in_horse_racing_numer.html  LEBON

http://law2.umkc.edu/faculty/projects/ftrials/blacksox/blacksoxaccount.html


http://www.si.com/vault/1978/11/06/823112/racings-big-scandal-tony-ciulla-says-he-fixed-hundreds-of-races--some-by-bribing-top-jockeys-such-as-angel-cordero-jr-and-jorge-velasquez-the-organized-crime-strike-force-is-investigating

BIG TONY

Not to mention the basketball ref Donaghy, Patriots spygate, deflategate, etc. countless scandals and fixing in cricket, soccer, tennis etc.

And then there was the great DENISON HALL Scandal of 1972.

I hope these sites hotlink.

Bob

[Mathcapper]

Bob - that Ciulla SI piece was amazing.

I was too young back then to understand, but that explains why my Dad was always so focused on \"smart money\", which was often identifiable via the DD Will Pays.

Back then the last race of the day, being one of only two DD\'s on the card and the only one that offered the longer exotics as well, was a virtual magnet for race fixing.

We used to drive 40 minutes every day after I got out of school to the closest OTB in New Lebanon or Hoosick Falls just to check the Will Pays in the last race.

I can still remember the names of some of those horses we uncovered better than winners I had just yesterday. Many of them aired by the length of the stretch, but you couldn\'t bet a dime on a single one of \'em on paper.

The preponderance of exotic wagering today has since diluted things to some extent, but whether it\'s corruption, drugs or outright larceny, I still see the same sort of thing going on today via the Will Pays, whether it\'s the 9th at Mahoning Valley or the 2013 Belmont Stakes, which is part of the reason why I still track them so religiously to this day.

- Rocky

[elkurzhal]

going to be an interesting fight in court.

Unlawful Internet Gambling Enforcement Act of 2006. 31 USC 5301

‘‘§ 5362. Definitions
‘‘In this subchapter:
‘‘(1) BET OR WAGER.—The term ‘bet or wager’—
‘‘(E) does not include—
‘‘(ix) participation in any fantasy or simulation
sports game or educational game or contest in which
(if the game or contest involves a team or teams)
no fantasy or simulation sports team is based on the
current membership of an actual team that is a
member of an amateur or professional sports organization (as those terms are defined in section 3701 of
title 28) and that meets the following conditions:
‘‘(I) All prizes and awards offered to winning
participants are established and made known to
the participants in advance of the game or contest
and their value is not determined by the number
of participants or the amount of any fees paid
by those participants.
‘‘(II) All winning outcomes reflect the relative
knowledge and skill of the participants and are
determined predominantly by accumulated statistical results of the performance of individuals (athletes in the case of sports events) in multiple realworld sporting or other events.
‘‘(III) No winning outcome is based—
‘‘(aa) on the score, point-spread, or any
performance or performances of any single
real-world team or any combination of such
teams; or
‘‘(bb) solely on any single performance of
an individual athlete in any single real-world
sporting or other event

[billk5300s]

I have a friend that does well at Turfway Park by knowing wagering patterns based on trainers.  He\'ll often bust my chops when I show up with my graphs saying \"What do you need those for?  Everything you need is on the tote board\".  Nothing is more frustration than watching your 15-1 shot with a circle pattern not get up in time to beat a smart money horse.

Fantasy sports is harmless, it all boils down to the fact that someone didn\'t get their kickback.

[BitPlayer]

I\'m not sure the federal statute is relevant here.  What I\'ve seen about the AG\'s order suggests that he is enforcing New York state law.  Something that is not prohibited by federal law could still be prohibited by state law.

[RICH]

why are derby wars and horsetourney still allowed to do business in new York?
Isn\'t that the same thing?

[miff]

Good point Rich and NYSGC/NYRA took a look but it seems too small to pursue. On the other hand, the explosion of DFS and the recent scandal about the use of inside info has attention grabbing AG\'s looking.

[johnnym]

New York has a horse economy,no use cutting of ones nose..

[BitPlayer]

Miff -

I\'ve often wondered, and maybe you know:  Do handicapping contests like the NHC and its feeder contests (excluding live money contests) pay anything to the tracks?

[RICH]

It also seems to me that these contests take money from tracks from players who would normally bet but now just play contests

[miff]

Bit,

Within the last two years(think) and after contest players howled, NTRA appointed a player rep(Judy Wagner?) who supposedly looks at the books to see just how much the takeout is from the players entry fees and where the money goes. Seems the NTRA states that they only takeout enough to cover their costs in administering the whole thing.

Judy L ran the NYRA contest but is no longer there, so really don\'t know anyone to call to see if the host venue gets covered for expenses from the takeout.

Incidentally, the predominant NHC contest format is nothing but a clueless blind stab-fest and whomever gets lucky stabbing a bomb or two usually wins.

Mike

[BitPlayer]

Miff -

Thanks.  At the risk of annoying our host, I note that the results of this year\'s BCBC suggest that it also is a bit of a stabfest.  As I recall, both of the top two earned their positions primarily by making a large bet on a single vertical wager.