FEATURE: CASH IS KING IN SPORTS
CASH IS KING IN SPORTS
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By: Victor H Royer
hile the rest of the gaming industry seems to push head-first into the maelstrom of cashless gaming – which is a Dead Duck upon arrival, and has always been a Dead Duck from its ridiculous inception – Sports Wagering is different. Somehow – seemingly against all possible odds and
any such things as Smart Phones, Tablets, Internet, or Wi-Fi, cash-inperson was the only way to make a bet on sports. And the same applied to the Billions of illegal sports bets made by people all over the US, and elsewhere in the world, with their local “bookies.” And even when Smart Phones, the Internet, and Mobile access became commonplace, old and ancient and out-of-date gaming regulations – even
expectations – Sports Wagering has managed to strike what seems to be the perfect balance between real-cash sports betting, and “virtual” or Mobile cashless wagering. But that’s really not that far-fetched. When Sports Betting was only allowed in Nevada, and there weren’t
in States like Nevada – still prohibited Sports Players to place bets remotely, using a “virtual wallet.” And then, in Nevada, came a relaxation, which at the time stipulated that Sports Players who set up a remote-access account in a casino Sports Book, in person, and deposit the required minimum
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