Reason – Did you fill out a March Madness bracket this year? In many states, if you put money in a pool, that’s illegal. The NCAA website warns, “Fans should enjoy … filling out a bracket just for the fun of it, not … the amount of money they could possibly win.” Give me a break. Americans bet more money on March Madness this year than on the Super Bowl.
Politicians can’t quite make up their minds about gambling: They approve certain casinos and promote state lotteries but crack down on sports bets and some charity poker games. It seems that government dislikes gambling, unless government gets to be the house.
Increasingly, government is. After locking up bookies for “dangerous and criminal” activities, like running “numbers rackets,” most states now offer much worse odds in state lotteries. Then they take money from taxpayers to advertise their scams.
Some states even run commercials that mock hard work, pushing the benefits of a long-shot jackpot. Poor people become poorer, because they buy most of the lottery tickets. Then politicians brag how money from the lottery helps the poor. It’s disgusting hypocrisy.
Politicians award casino permits to politically connected businessmen who make most of their money from slot machines that offer miserable odds. But when “unapproved” websites offered Internet poker, at far better odds, the federal government charged operators with “money laundering” and shut the sites down.
Recently, three states noticed that people like Internet gambling so much that millions of dollars leave America and go to overseas websites. So New Jersey, Delaware, and Nevada begged federal officials for permission to legalize some Internet betting and got it. Now other states may do it, too.
