Current:Home > InvestThe state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes -Wealthify
The state that cleared the way for sports gambling now may ban ‘prop’ bets on college athletes
View
Date:2025-04-18 09:35:04
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! (66343)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Trump issues order to ban transgender troops from serving openly in the military
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- New data highlights 'achievement gap' for students in the US
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Buckingham Palace staff under investigation for 'bar brawl'
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- A White House order claims to end 'censorship.' What does that mean?
- Former Danish minister for Greenland discusses Trump's push to acquire island
Recommendation
Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
2025 'Doomsday Clock': This is how close we are to self
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Grammy nominee Teddy Swims on love, growth and embracing change
Travis Hunter, the 2