Impact of Removing Prop Bets on College Sports Betting Markets

Watch Impact of Removing Prop Bets on College Sports Betting Markets - SportsGrid on Dailymotion

Transcript

00:00Do the books not have the energy to explain to the leagues that all of this being out

00:11there like they caught John Tay Porter because of the props.

00:17So removing these things is not going to be beneficial.

00:23It's just not.

00:24I don't.

00:25Why is.

00:26I don't know if you disagree.

00:27But removing these things, the fact that it is regulated is good.

00:34If you want to close down sports books, sports betting is not going to go away.

00:38It existed before FanDuel existed.

00:40That's just the truth.

00:41And we all know that.

00:43Oh, it's completely true.

00:45I mean, it's going to drive everything to the black market.

00:47People want to bet props.

00:49We know they want to bet props.

00:50We know that they have a lot of interest because people feel like they can beat the market

00:56with prop betting unders or overs.

00:58I mean, when this story broke on BVB, we ran a poll as to how many have you ever been under

01:03in a prop bet in.

01:04Ninety five percent of the audience voted yes.

01:06So you can't take away the second side of a market if you're going to offer the yes.

01:12You have to offer the no.

01:13This is one of the big problems I've got with like the specialty bets where you look around

01:17and like, well, someone make the cut.

01:19If you say yes, I have to have a no market.

01:21I got to have the option to bet the other side.

01:23And some books give you that option.

01:25Other books don't.

01:26And that's frustrating to me to have only a one sided market.

01:28So there's a lot to be boiled out here from the sports books perspective with the leagues

01:34as to what's acceptable and what is not.

01:36But the idea of offering just an over bet and not an under bet on a prop market is incredibly

01:41dumb.

01:42And I think cooler heads will prevail once we get to like a real conversation.

01:46I don't think it'll happen.