Current:Home > MarketsThe state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes -Wealth Legacy Solutions
The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
Surpassing Quant Think Tank Center View
Date:2025-03-11 06:52:43
TRENTON, N.J. (AP) — After an unexpected loss in which he threw four interceptions in September, Auburn quarterback Payton Thorne heard from bettors angry that his subpar statistics lost bets for them. Some contacted him over the Venmo cash transfer app, asking him to refund their losses.
In March, North Carolina basketball player Armando Bacot said he got over 100 direct messages on social media from angry gamblers when he did not make enough rebounds for their bets to win.
Now the state whose U.S. Supreme Court victory led to an explosion of legal sports betting across America is considering banning such bets involving the statistical performance of college athletes.
New Jersey argues that student athletes are more accessible and thus more vulnerable to pressure and harassment than professional players, given that they eat in the same dining halls, live in the same dorms and attend classes with many other students.
“Not all of what has come from the legalization of sports betting has been positive,” said state Sen. Kristin Corrado.
A bill before the state Legislature would ban so-called proposition bets, commonly known as “props,” on what a particular athlete does or doesn’t do in a game. That can include how many touchdowns a quarterback throws, how many yards a running back accumulates, or how many rebounds a basketball player collects.
Austin Mayo, assistant director of government relations for the NCAA, said 1 in 3 players in sports that are heavily bet on have reported receiving harassment from gamblers.
The association wants such bets prohibited nationwide. If it passes the bill, New Jersey would join 13 other states that ban college prop bets, according to the American Gaming Association: Ohio, Maryland, Vermont, Louisiana, Arizona, Colorado, Massachusetts, Oregon, New York, Pennsylvania, Tennessee, Virginia and West Virginia.
But Bill Pascrell III, a lobbyist for numerous gambling and sports-betting companies, said there has not been a demonstrable level of serious harm from college prop bets, which he said constitute 2% to 4% of the legal sports betting industry.
“When we ban any type of bet, particularly those that had been legalized, we’re pushing the bettor to the black market,” he said.
New Jersey allows betting on college games but prohibits it on teams from New Jersey or on games from out-of-state teams that are physically played in New Jersey.
Pascrell said that the recent tournament success of New Jersey colleges Seton Hall and St. Peter’s were bet on, either with illegal offshore internet sites, or legally by gamblers traveling to other states where it is permitted.
The bill was approved and released from an Assembly committee Thursday. It still must be approved by both full chambers of the Legislature and signed by Gov. Phil Murphy to become law.
New Jersey’s lawsuit challenging a ban on legal sports betting in all but four U.S. states led to a 2018 Supreme Court ruling allowing any state in the nation to offer it; 38 currently do, and Missouri will soon become the 39th.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (234)
Related
- The Best Stocking Stuffers Under $25
- New York court rejects Trump's appeal of gag order in hush money trial
- Pennsylvania carnival shut down due to 'unruly crowd of juveniles'; assault suspect sought
- Voice-cloning technology bringing a key Supreme Court moment to ‘life’
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Jimmy Fallon has hosted 'The Tonight Show' for 10 years. Can he make it 10 more?
- Seattle chef fatally stabbed at Capitol Hill light rail station, suspect arrested: Police
- Wait, that's my new car insurance quote? Here's how to save on auto insurance
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Katy Perry and Orlando Bloom’s Daughter Daisy Makes Rare Appearance in American Idol Audience
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- New Builders initiative looks to fight polarization by encouraging collaboration and alliances
- Gayle King turns heads on first Sports Illustrated Swimsuit cover at age 69
- Labor laws largely exclude nannies. Some are banding together to protect themselves
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Air Force instructor pilot dies after ejection seat activates during ground operations
- Alabama bans lab-grown meat, joining Florida among US states outlawing alternative proteins
- The WNBA season is getting underway featuring Caitlin Clark's debut and more. Here's what you need to know.
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Prisoner sentenced to 4 years for threatening to kill Kamala Harris, Obama, DeSantis
Katy Perry and Orlando Bloom’s Daughter Daisy Makes Rare Appearance in American Idol Audience
Roaring Kitty trader returns, causing GameStop shares to jump more than 70%
Senate begins final push to expand Social Security benefits for millions of people
Alabama bans lab-grown meat, joining Florida among US states outlawing alternative proteins
Krispy Kreme teams up with Dolly Parton for new doughnuts: See the collection
Serena Williams will host 2024 ESPY awards in July: 'She’ll bring elite star-power'