Gambling on sport: Policy issues

Abstract

The most significant public policy issue associated with sports betting is legalization. Supporters of legalization rest the bulk of their case on the economic benefits the state can experience. They also assert that legalization will have a major negative impact on the extent of illegal gambling. Those who are against further legalization, particularly amateur and professional sports leagues, the horse race industry, and legal bookmakers, point out that sports wagering is not very profitable and is very risky for the operator. Furthermore, legal wagering will be unable to compete effectively with the price of illegal operations. It is highly likely that the recently introduced federal legislation, S.474, Professional and Amateur Sports Protection Act, prohibiting further legalization of sports betting will be enacted.

Forecasting in Sport

“…In the social sciences, the few studies that attempt to explain and predict game outcome have focused primarily on such variables as the home advantage (Greer, 1983;Leifer, 1995;Mizruchi, 1985;Schwartz and Barsky, 1977), the impact of success and failure on cohesiveness and morale (Martens and Peterson, 1971), the relevance of group structure on liking, interpersonal attraction and performance (Martens and Peterson, 1971), and the effect of rest between games on performance (Steenland and Deddens, 1997). Some investigators have explored various dimensions of gambling (Curry and Jiobu, 1995;Frey, 1992). However, most of the research on forecasting in sport has been conducted by researchers from fields of study such as economics, statistics and engineering (Carmichael et al, 2000;Harville, 1980;Lebovic and Sigelman, 2001;Stefani and Clarke, 1992;Stern, 1992).…”

Legitymizacja podatku od gier – kierunki poszukiwań teoretycznej koncepcji

“…Philander (2013): 20.26 Li, Gu, Wu (2015): 597-598.27 Philander (2013): 20;Frey (1992): 355; Barth (2013): 3. 28 Szerzej Thompson, Gazel, Rickman (1997): 87-89; Kindt (1998): 91.…”