SportsMemo.com
Login:
Click to Use Secure Login
All Available Packages
NOTICE: If you can not view the forum, you may need to log out of SportsMemo.com and log back in to recreate your forum session.
HOMERECAPRADIOFORUMBLOGSLIVE ODDSBESTBETSHANDICAPPERS TWITTERRSS FEEDFACEBOOKEMAIL & CONTACTS
February

12

Search Blog by TopicSearch by Date



Legalized sports betting won't make it under proposed format

02.12.2018     11:39 AM     Printer Friendly
SportsMemo.com blog entry.
Glad we aren't the only ones who see the leagues' request for an "integrity fee" as bananas.


A one percent fee on handle equates to about a 20 percent tax on revenue:

Sportsbooks hold about five percent (in a solid year) of the total amount wagered.
So for every $100 wagered, sportsbooks can expect to realize $5.
A one percent integrity fee would cost sportsbooks $1 on every $100 wagered.
That $1 represents 20 percent of the $5 sportsbooks can expect in revenue.

That tax alone would arguably be enough to make sports betting economically unviable. But in addition to that tax, sportsbooks would also have to pay:

Whatever tax rate the state applies (Nevada is 6.75 percent on revenue, most other states are floating rates between nine and 20 percent).

The existing federal excise tax (.25 percent of handle, or roughly 5 percent of revenue).











NBA and CBB Betting Podcast 2-12-2018 with Sportsmemo Handicapper Teddy Covers

02.12.2018     11:34 AM     Printer Friendly
SportsMemo.com blog entry.
Monday's Sportsmemo Podcast featured Sportsmemo Handicapper Teddy Covers. Teddy and host Andrew Lange discusses college basketball and NBA games for tonight. 

Today's segments
Teddy Covers - College Basketball and NBA

To listen to past shows, be sure to visit our Sportsmemo Podcast Homepage.


ITunes users can subscribe to the show by searching "Sportsmemo" in the podcast directory.




Tags: College Basketball NBA Teddy Covers Andrew Lange




February

13


February

10


 
MLB
SportsMemo Ads
Daily Plays
$20
Teddy went into the All Star Break red hot in NBA action, riding a perfect 4-0 run over the week before the break, 100% perfect in NBA action since February 12th. Expect more winning action tonight with this Back from the Break moneymaker in West Coast action on Thursday. Get it now & cash in tonight! This play must win or his next report is FREE!


Extended Services
-----------SportsMemo-----------





Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Ian Cameron, and Drew Martin. Listen to these handicapping experts daily on the Sportsmemo Podcast Monday-Friday at Sportsmemo.com.  Missed the Sportsmemo Podcast?  Past shows are available on Sportsmemo.com's podcast archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, CFL, and PGA? Check out the interactive sports betting posting forum, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   Feb 22, 2018 06:42 PM.