Current:Home > InvestThe state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes -Edge Finance Strategies
The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
View
Date:2025-04-24 12:49:26
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! (368)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- 'Argylle' review: A great spy comedy premise is buried by secret-agent chaos
- Man accused of destroying Satanic Temple display at Iowa Capitol is now charged with hate crime
- U.S. fighter jet crashes off South Korea; pilot rescued
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Taiwan holds military drills to defend against the threat of a Chinese invasion
- PGA Tour strikes $3 billion deal with Fenway-led investment group. Players to get equity ownership
- What's next for Greg Olsen with Tom Brady in line to take No. 1 spot on FOX?
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Caregivers spend a whopping $7,200 out of pocket. New bill would provide tax relief.
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Hurry! This Best-Selling Air Purifier That's Been All Over TikTok Is On Now Sale
- Whether You're Rooting for the Chiefs or the 49ers, These Red Lipsticks Are Kiss-Proof
- Hacked-up bodies found inside coolers aboard trucks — along with warning message from Mexican cartel
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Mega Millions jackpot climbs to $333 million for January 30 drawing. See winning numbers
- The Sweet Advice Demi Moore Gave Her Children After Bruce Willis’ Dementia Diagnosis
- U.S. fighter jet crashes off South Korea; pilot rescued
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Police Arrest Pennsylvania Man Who Allegedly Killed Dad and Displayed Decapitated Head on YouTube
Fed holds interest rates steady, hints March rate cut is unlikely despite easing inflation
Elmo takes a turn as a therapist after asking, 'How is everybody doing?'
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Secret history: Even before the revolution, America was a nation of conspiracy theorists
'Argylle' review: A great spy comedy premise is buried by secret-agent chaos
Biogen scraps controversial Alzheimer's drug Aduhelm