Listen "Vig & Juice Ep.2: First U.S. Sports Betting"
Episode Synopsis
Vig & Juice is a podcast discussing the history and legality of gambling and sports betting in the U.S. hosted by Sports & Gaming Law attorneys at Vela Wood.
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.
Time Stamps
0:45 – Episode Recap
1:30 – State Lotteries Funding Universities & Revolutionary War
3:05 – Horse Racing
5:09 – Pedestrianism
7:11 – Games of Skill
8:50 – States Outlawing, Early 1900s
9:44 – Nevada Legalizing Casinos & Sports Betting
10:08 – Federal Revenue Act of 1951 – Taxing Wagers
10:37 – Relationship to Economic Climate
11:08 – Taxing Vices, Prohibition
12:10 – Morality/Immorality of Gambling
13:10 – Connections to Organized Crime
14:10 – Transition to Wire Act
14:47 – Black Sox Scandal
15:45 – Baseball Commissioners
Show Notes
In The 1870s And ’80s, Being A Pedestrian Was Anything But (NPR)
The Repeal of PASPA
Why Playing Fantasy Sports Is Legal (For The Most Part)
Fantasy Sports Contest Legislation Tracker
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Vig & Juice Ep.7: The General Landscape
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Vig & Juice Ep.6: HB 2070 & HB 1121
20/07/2021
Vig & Juice Ep.5: PASPA
22/10/2019
Vig & Juice Ep.4: The Travel Act
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Vig & Juice Ep.3: The Wire Act
20/05/2019
Vig & Juice Ep.1: Three Elements of Gambling
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