Current:Home > MarketsThe state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes -Elevate Money Guide
The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
View
Date:2025-04-16 06:51:48
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! (153)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Analysis: After Juan Soto’s megadeal, could MLB see a $1 billion contract? Probably not soon
- 'Unimaginable situation': South Korea endures fallout from martial law effort
- Morgan Wallen sentenced after pleading guilty in Nashville chair
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- OpenAI releases AI video generator Sora to all customers
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- San Diego raises bar to work with immigration officials ahead of Trump’s deportation efforts
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- TikTok asks Supreme Court to review ban legislation, content creators react: What to know
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Donald Trump is returning to the world stage. So is his trolling
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did
- Skins Game to make return to Thanksgiving week with a modern look
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- TikTok asks Supreme Court to review ban legislation, content creators react: What to know
- How Hailee Steinfeld and Josh Allen Navigate Their Private Romance on Their Turf
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Arizona city sues federal government over PFAS contamination at Air Force base
Man identifying himself as American Travis Timmerman found in Syria after being freed from prison
A Malibu wildfire prompts evacuation orders and warnings for 20,000, including Dick Van Dyke, Cher
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
'The Later Daters': Cast, how to stream new Michelle Obama
Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did
Jim Carrey Reveals Money Inspired His Return to Acting in Candid Paycheck Confession