NC Horseplayers Rejoice! Triple Crown Betting Not Affected By Scotus Decision To Overturn PASPA
This is a bit of a confusing time for sports betting fans of all stripes, what with Monday’s decision from the US Supreme Court to overturn a key federal anti-sports betting law, but North Carolina horseplayers looking to bet on the Triple Crown can rest easy.
That’s because the Professional and Amateur Sports Protection Act, or PASPA for short, had no impact on the hobby of betting on the ponies in the first place, even before the SCOTUS justices returned their 6-3 majority decision to declare the longstanding law unconstitutional. In fact, there are several broad federal protections for horse racing betting in general – protections that sports betting fans would have loved to have had for the last 25 years as the US saw hundreds of millions of dollars in tax revenues flee overseas to offshore sportsbook operators. However, now that PASPA is gone, sports bettors will slowly but sure start to enjoy the same level of access to wagering options that dedicated horseplayers nationwide have had since the 1970s.
The US Congress, recognizing the crucial role played by horse racing betting on the health and survival of the thoroughbred racing and breeding industry – a mainstay in the American sporting tradition – by passing the Interstate Horse Racing Act of 1978 (IHRA). The IHRA basically gave assurances to state governments around the country that, at least from a federal perspective, betting activity generating from one state while the race itself took place in another, was perfectly acceptable. A law addressing this issue was necessary due to the widespread introduction of simulcast technology, which enabled players to bet on horses and races on the other end of the country – and this law was further amended in the year 2000 to allow for the operation of domestic racebook websites.
So that means that North Carolina’s horse racing betting fans have a huge menu in terms of the choices available to them if they are interested in betting on Justify, this year’s Kentucky Derby winner, to repeat today at the Preakness Stakes in Maryland and then in a few weeks’ time at the Belmont Stakes in New York. Horseplayers can bet live, in person at the races if they wish, but they can also visit any number of off-track betting locations around the Tar Heel State or even make use of the services of a domestic or overseas-based racebook website. All the leading online horse betting sites even have mobile wagering apps that are free to download so you can take your hobby with you wherever you find yourself at post time.
Justify, this year’s leading horse on the betting boards everywhere, has got some incredible good odds to win the Preakness and he even stands a solid chance of becoming only the 13th horse in history to claim the glory of the Triple Crown as well. Justify’s moneyline odds at Bovada.lv, the industry’s leading legal offshore racebook site, are coming in at -250 to win the Preakness Stakes and an equally impressive +150 to win the Triple Crown just a few short weeks from now.
For our money, probably the best way a North Carolina horse racing betting fan can show their spiritual support for the rights participants of their hobby enjoy is to head over to any of the racebooks we think are the best and place a bet. Who knows – you may just win big in the process. Even the right to be able to wager real money on the winner of the Triple Crown is a privilege that sports betting fans had to wait 25 years to get, so don’t less this opportunity go to waste.
back to: SportsBettingNorthCarolina.com
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