- How to Bet XFL football betting tips by Doc's Sports expert sports handicapper Alan Harris.
- So far, the US Presidential Election has been quite turbulent. With Coronavirus spreading through the population, the majority of votes cast were through the mail. For this reason, it seems that.
- Insiders are saying Texas may not see a legal sports wagering industry in 2021.
- Revenue from a sports betting market in Texas has seen estimates of generating $150 million annually if the pastime were legalized.
- Should a bill pass in 2021, voters would see the subject on their ballots in November for a launch in 2022 if sportsbook legalization received the majority vote.
AUSTIN, Texas – The Lone Star State houses one of the largest sports markets in the nation, but that won’t seem to matter when it comes to Texas sports betting legalization.
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Two sports wagering proposals have been filed with the Texas Legislature, one in the House and one in the Senate, that would make the pastime legal.
However, legalizing the gambling on sporting events in the Lone Star State requires a constitutional amendment that some lawmakers just don’t see happening any time soon.
What’s Being Said About A Texas Sports Gaming Industry
Lieutenant Governor Dan Patrick went on the radio with The Chad Hasty Show and spoke about the future of legal sports betting for Texas.
“I’ve never been in favor of it. Every year I say the same thing. Don’t talk about revenues. The teams and casinos trying to push sports betting say they could generate $150 million a year by their numbers. That’s a lot of money. But it pays for half a day of our yearly budget,” said Patrick. “People were fooled many years ago when they were told the lottery will pay for education. Well, the lottery pays for a couple of days of education. Our budget is $125 billion. So, if you want to pitch sports betting or casinos, talk about jobs, talk about tourism. Don’t talk about money because the members know better.”
Despite Patrick voicing his opinion on the outlook for sports gaming legalization, individual votes in the Senate are required to move either of the bills currently on the table forward.
There are 31 total votes in the Senate and any proposal would need 21 votes for residents in Texas to see sports wagering on their ballots in the Fall to weigh in on the subject and change the constitution to allow for sports gaming.
While there is opposition within the Legislature on the topic of gambling on sports, casinos and professional sports franchises and their stakeholders have spoken in favor of giving Texas a legalized sports wagering industry.
Proponents argue that Texans wager on sports every day with outside sources like offshore mobile sportsbooks. And although policymakers do not think there is enough potential revenue to consider an industry proposal, it would keep the consumer safe and provide revenue to Texas, even if it’s only enough to cover a “half a day” of the annual budget.
What’s Next For Texas?
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Texas sports betting could be a very lucrative business if given the chance. The state is full of professional teams in various sports that have huge fanbases.
Governor Greg Abbott said he would not stand in the way of a legal sports wagering market for the Lone Star State if the people voted in favor of it.
The Texas Legislature adjourns on May 31. The two bills that have been filed have not yet received a time slot on the docket. But they have a few months to get their spot on the floor for consideration.
News tags: Dan Patrick Greg Abbott KFYO Radio Texas Texas Constitution Texas Legislature The Chad Hasty Show
Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.
Where to Bet on Boxing
by Predictem.com Staff
There are many sites online that offer you the ability to bet on fights using your credit card or checking account.
This process works very similar to a checking account in that you deposit funds to your boxing betting account and you can only wager as much as you have in your account. When a bet you have placed wins, your account gets credited with the winnings. Likewise, when you lose a bet, the amount you lost is deducted from your account balance.
It should be noted that you can bet on other sports as well at these sportsbooks, as well as bet on horse racing, casino games and some sportsbooks even offer the ability to play Texas Hold’em poker against other people for real money.
Just like a bank, when you want to make a withdrawal, you request one and your funds are sent to you by whichever method you chose. These methods are usually a check via regular mail or fedex, a bank wire or e-check transfer.
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If you lose all the money in your betting account, you can of course deposit more which will allow you to place more bets. Ok, now on to our recommendations of the best places on the internet to bet on boxing matches! Click any one of the links below to check out our reviews of the recommended boxing sportsbooks.
Bovada Sportsbook - If we were new to the game and looking for a place to bet on fights, this would be the ideal place to do so. These guys are able to process credit cards for deposits where most sportsbooks can’t, they offer a wide array of fight bets, and have been voted the most trusted online sportsbook by our readers. This online bookie continues to be be one of the best year in and year out.
5Dimes - This online sports book is one of the oldest on the web dating back to the 90’s. That speaks volumes about their strength as a business which will allow you to sleep well at night knowing that your loot is safe. These guys offer the best boxing betting odds, bar none. They also offer a generous deposit bonus on your first deposit. See their websire for current offerings.
Good Boxing Sportsbooks But Don’t Offer Service to USA Players (Below)
Bet365 - A good place to gamble on boxing matches for the gambler that is looking for a fast, user friendly experience where they’re able to use their Visa card to deposit. They also offer a large variety of boxing prop bets that are sure to spark your interest.
Pinnacle Sportsbook - This may be the best sports bookie on the web. The drawback here is that they don’t accept american players. For those of you lucky enough to live outside the U.S.A, you are blessed to be at the sportsbook that offers the best betting odds, bar none. They are also lighting fast with payouts too.
We hope you’ve enjoyed our recommended boxing sportsbooks list. If you still have questions, feel free to drop us a line at predictem@hotmail.com. One of our friendly customer service reps will return your email within 24 hours, often times sooner! Good luck with your wagers!