Vig & Juice

In this episode, we discuss the two sports betting bills proposed in this year's legislative session, HB 2070 and HB 1121, which sought to legalize sports betting in Texas, and we share our predictions for when sports betting could realistically be legalized in Texas. 

In this episode, we discuss PASPA, the Professional and Amateur Sports Protection Act of 1992, including its carveouts and nationalization issues as well sports leagues' role as enforcers of PASPA.

In this episode, we discuss the Travel Act of 1961, including Robert Kennedy taking down the mob, gambling's association with other nefarious activities, and the role of federalizing state laws. 

In this episode, we cover arguably the most monumental piece of legislation regarding sports betting - the Wire Act of 1961 - which prohibited using wire communication for betting and wagering across state lines. We discuss what the Wire Act means for online gambling and whether the act applies only to sports betting or to gambling in general.

In this episode, we discuss the first sports betting in the U.S. up to the Wire Act of 1961, including horse racing, the spectator sport known as pedestrianism, and using state lotteries to fund the Revolutionary War.

In this episode, we explain the meaning of Vig & Juice, discuss gambling's roots in Greek mythology, and lay out the three elements that define gambling.