The Supreme Court of the United States decided Murphy v. NCAA today, and the headlines suggest that the opinion has rendered sports betting legal nationwide. The reality is a little more complicated than that.
Tomorrow is Thanksgiving, and Thanksgiving means football, and football nowadays means an endless parade of advertisements for DraftKings, FanDuel, and other daily fantasy sports businesses. This post asks the obvious question: are these contests illegal gambling?
March Madness starts today. Apparently, many people take the time to predict how the entire tournament will play out, in an age-old custom called “filling out a bracket.” How strange! (Printable PDF here.) Anyhow, I’m told that some of these people will band together with others to form “pools,” to which each participant contributes money. … Read more