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¡°Bill¡± remembers a night last June when he and some friends were at the Ocean Drive bar in Sea Isle, watching a UFC card. One of the fighters, Mateusz Gamrot, was getting clobbered, but Bill and his pals still put $50 each on him to win at plus-225 (a relative long shot) mid-bout, despite ¡°knowing absolutely nothing about anybody involved.¡± When Gamrot rallied and actually won the fight by decision, their bets paid off $162.50.
In May 2018, the U.S. Supreme Court, cheered on by states looking for more tax revenue and leagues abandoning their pseudo-moral stances when they realized how much they could profit from relationships with gaming companies, ruled that states could allow sports gambling. Within a month, New Jersey residents and visitors were placing bets at casinos and other outlets. Pennsylvania followed later that year.