Tuesday, March 10, 2015

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Tuesday, November 4, 2014

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Thursday, October 30, 2014

NJ sports betting: What happened to irreparable harm? 

        


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1st off let me show meanings of this adjective  

             

ir·rep·a·ra·ble

adjective \i-ˈre-p(ə-)rə-bəl, ˌi(r)- also ÷ˌir-(r)ə-ˈper-ə-bəl\
: too bad to be corrected or repaired

                 

Examples of IRREPARABLE

  1. The oil spill did irreparable harm to the bay.
  2. The damage to their relationship was irreparable









      ir·rep·a·ra·ble (-r p r--b l) adj. Impossible to repair, rectify, or amend: irreparable harm; irreparable damages.

Actually the term is Irreparable INJURY!

Get that ? INJURED from something that destroyed your property or took someones life.

Onto the article giving full credit to author and claiming fair use for discussion and information to the public!

I usually wince when I see someone start an opinion piece with a definition plucked straight from the dictionary. But in this case I felt I was obviously misunderstanding something in the New Jersey sports betting case and decided I needed to start with the basics.

Irreparable: adjective 1. not able to be repaired or remedied; beyond repair

Yeah, that’s what I thought it meant.


Maybe I’m missing something, but I still can’t see the part from Friday’s temporary restraining order proceedings in Trenton where the leagues were able to show that sports betting would cause irreparable harm to their games. Yet somehow the judge sided with them anyway.


“This issue will likely receive significant attention on appeal,” says Griffin Finan, gaming attorney with Ifrah Law in Washington, D.C. “It is a little hard to believe that the expansion of regulated state sponsored sports betting would cause irreparable harm to the leagues, given the legal bets placed in Delaware and Nevada, and the illegal bets placed everywhere else, but the court apparently felt that the burden had been met.”


And yet the leagues just announced this week they’ll be playing five more games in London next season where betting on sports is legal. Games continue to be wagered on in Nevada every day legally. The leagues have deals with daily fantasy sites which offer cash as prizes for betting on player outcomes. And games continue to be wagered illegally by the billions of dollars throughout the rest of the country.

Everywhere you look, the leagues are making money and gaining popularity through gambling avenues.

They are claiming ‘irreparable harm’ with the very element that is their life blood.


“Does anyone really think that legal sports betting will rupture the fabric of the leagues beyond a state where it can be remedied? It’s completely belied by reality,” says Florida gaming lawyer Daniel Wallach.

Wallach says the leagues made no effort to prove irreparable harm in Friday’s proceedings. They simply pointed to the judge’s prior order, which only assumes irreparable harm as the inevitability if there were to be a violation of the law.

“The presumption is the leagues are harmed by the negative perception if Monmouth Park were to offer sports betting,” says Wallach. “That’s relevant for the leagues’ standing in the case. It’s not irreparable harm.”

What could be considered irreparable harm is a badly broken leg from a bettor not paying his debts. Which only happens in unregulated, illegal markets where betting on credit is the norm, not the exception.


Irreparable harm could come from Monmouth Park race track closing and laying off all its staff without new revenue streams.


Irreparable harm could also come from a game being fixed. But we know that historically all of the betting for fixed games has taken place in illegal markets in North America. 

 

Anybody looking to fix a game knows they’d be caught in a heartbeat if they tried to place their wagers in a legal betting environment. The money is monitored and the betting patterns would be too easily spotted and reported.


Yet the leagues continue to fight with everything they have to keep this type of gambling environment in play while protecting the organizations who take the action. The leagues are still making their money and gaining popularity and they have more control over the fantasy market. They don’t control the sports betting market and they’re probably not sure how to control it.


It’s all a big sham and they play off the fears of the general public to uphold their argument. All the while, Judge Michael Shipp is closing every possible door he can think of to block New Jersey from offering sports betting.

Initially on Friday, he said the temporary restraining order against betting only applied to the leagues named in the plaintiffs suit in New Jersey. On Monday he flip flopped and changed the TRO so the order applied to all leagues.

On Tuesday he set the schedule to hear oral arguments in the preliminary injunction hearing for Nov. 20 and at the same time he extended the TRO to Nov. 21. Initially, it was set to expire on Nov. 7.

These are signs that don’t point in New Jersey’s favor. If I were setting the line on the chances of the state winning the injunction hearing, I’d put it at about 10-1 or worse. A week ago I had the odds looking much more favorable, maybe 10/11 for both sides.

"I'm very confident that if Judge Shipp continues in the direction that he has that he'll be overturned on appeal by the Third Circuit Court of Appeals," said Senator Ray Lesniak on Monday.

Let’s hope he’s right. And if it happens, the ‘irreparable harm’ issue could be the key to a successful appeal.

YEAH right that fooking Judge has ties with vegas also the Leagues and is being paid off by them to do this STOP it from occuring guys and Girls please see MY video on YOU tube use the blog link to E mail white house and your state gov. and reps. I beg you stop this BS from occuring. 

 NOw look at other side who is promoting this! ONE league is not in this case the NBA wants it happen due to the ref years ago causing teams to not cover or cover spreads.

Is the NBA breaking from other leagues on sports betting stance?

 NBA Commissioner Adam Silver made his strongest statements in support of legalizing sports betting in an interview with Bleacher Report released on Wednesday



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CLICK this link to read the article. http://www.covers.com/articles/articles.aspx?theArt=391934

 

IF you want to get this country back on track by allowing legal sports betting to be available in every state to create MILLIONS of new jobs 365 days a year that will have taxes in Billions paid back to USA plus the revenue of $2 trillion 500 million $2,000,500,000,000 a year in net profits will wipe out our national debt and help us fund our schools, health care, our won energy resources created to cut the use of foreign oil. 

 

Figure is based off of estimated USA popualtion of 345 million using 300 million at age 18 or over that are gambling on sports illegally and overseas BILLIONS of $$$ per week in NFL and NCAAF season.

Average loss per person yearly in all sports is $15,000.00 NOT all lose that much some might lose small money like $1000 others i see lose $10,000 $15,000 $35,000 big business owners Lose like $100,000's so multiply 90% X 300 million = 270 million losing $15,000 per year. 4,0500,000,000,000.00 wow was i way off it's over 4 trillion a year!!!!!