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CU becomes first NCAA school to partner with sports betting company

Why is it morally bankrupt and irresponsible?

These betting companies are making a massive amount of money on college athletics so the Schools and hopefully the kids can profit off of this.

I think a university as a public institution needs to have a social conscience and social responsibility. I do not see how promoting a sports betting company fits in with that.
 
I'm more with Jens on this. Even the most ardent gambler on this site refers to the activity as "degenerate". It's not a good look for the university -- as much as I loath the expression, it's "bad optics".

beyond that, the article at the link in the tweet is a bit confusing. it makes the statement "The deal, which covers sports betting, fantasy sports, casino games and free-to-play contests..." but then only gives details about signs, radio promos and 'career development opportunities for students'. I'm much curious (and concerned, for that matter) about how this deal involves sports betting and casino games than I am about signs at Folsom.
 
I'm more with Jens on this. Even the most ardent gambler on this site refers to the activity as "degenerate". It's not a good look for the university -- as much as I loath the expression, it's "bad optics".

beyond that, the article at the link in the tweet is a bit confusing. it makes the statement "The deal, which covers sports betting, fantasy sports, casino games and free-to-play contests..." but then only gives details about signs, radio promos and 'career development opportunities for students'. I'm much curious (and concerned, for that matter) about how this deal involves sports betting and casino games than I am about signs at Folsom.

There is political pressure building up both in the UK and at the highest EU levels to pass some laws that'd prohibit shirt sponsorships and severely restrict other advertisement for gambling companies in sport.

If the pros do it that's their thing, but it's another thing entirely for a public institution to be following suit.
 
This definitely won't slow down the players in revenue sports deserve to be paid movement.
 
Meh, gambling is legal so I don’t see the moral dilemma. I’m actually more concerned whether being the first school to ink a deal like this means we aren’t getting the benefit of precedent pricing. Are we going to see the next 20 deals like this blow ours out of the water?
 
I'm more with Jens on this. Even the most ardent gambler on this site refers to the activity as "degenerate". It's not a good look for the university -- as much as I loath the expression, it's "bad optics".

beyond that, the article at the link in the tweet is a bit confusing. it makes the statement "The deal, which covers sports betting, fantasy sports, casino games and free-to-play contests..." but then only gives details about signs, radio promos and 'career development opportunities for students'. I'm much curious (and concerned, for that matter) about how this deal involves sports betting and casino games than I am about signs at Folsom.

I think we'll know more about what this looks like when we start seeing football and basketball up there.

As far as morally responsible, I honestly don't think that matters. I think some of you guys would be bitching about CU signing a contract with native roots to be the official marijuana provider of Colorado athletics or whatever. That's a good parallel because I think gambling's about as immoral as marijuana use is. Get with the times, people.
 
There is political pressure building up both in the UK and at the highest EU levels to pass some laws that'd prohibit shirt sponsorships and severely restrict other advertisement for gambling companies in sport.

If the pros do it that's their thing, but it's another thing entirely for a public institution to be following suit.
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Meh, gambling is legal so I don’t see the moral dilemma. I’m actually more concerned whether being the first school to ink a deal like this means we aren’t getting the benefit of precedent pricing. Are we going to see the next 20 deals like this blow ours out of the water?
I don't want to put too fine a point on it, but, yes.
 
Meh, gambling is legal so I don’t see the moral dilemma. I’m actually more concerned whether being the first school to ink a deal like this means we aren’t getting the benefit of precedent pricing. Are we going to see the next 20 deals like this blow ours out of the water?
I imagine had CU been the 15th University to get a deal in place like this, it would still be less than other Universities with more prominent athletic programs, just like apparel deals. I'll take being first.
 
I imagine had CU been the 15th University to get a deal in place like this, it would still be less than other Universities with more prominent athletic programs, just like apparel deals. I'll take being first.
So we get a crappy deal regardless? Maybe you’re right. I’m not a big gambler so I admit I’ve never heard of this company despite them apparently having their HQ in Denver. I’m just expecting Draft Kings to start announcing deals with SEC and BIG10 schools that are 5x what this was for CU.
 

The arrangement with PointsBet includes specific support for the department's Scripps Leadership and Career Development Program, which helps prepare CU student-athletes for life after sports. And the company is committed to recruiting employees from the tech talent located along the Front Range, including CU-Boulder tech graduates.

What an awesome benefit for the college athlete at Colorado this is going to provide. This is what RG is really good at. Let's just hope he had someone help him with the negotiations.
 
So we get a crappy deal regardless? Maybe you’re right. I’m not a big gambler so I admit I’ve never heard of this company despite them apparently having their HQ in Denver. I’m just expecting Draft Kings to start announcing deals with SEC and BIG10 schools that are 5x what this was for CU.
Assuming it will only be done in states where sports gambling is legal, which is only AR and MS in SEC land right now, with TN soon to be. The bill failed in AL, GA, FL, MO, and KY. Big 10 land has more, but it's still illegal to bet on college athletics in places like NJ. I'm not sure about all the stipulations in the various states it's currently legal in, but the article mentions Colorado has, by far, accounted for the largest % of national legal sports better handle in the first two months of legalization than any other state.
 
Wish they would embrace CO as well and partner with some pot shops

Folsom Field at NativeRoots Stadium! Only the kindest of buds

All you can smoke bud for every opponent coming into Folsom from now until the end of time! Get it done RG.
 
Assuming it will only be done in states where sports gambling is legal, which is only AR and MS in SEC land right now, with TN soon to be. The bill failed in AL, GA, FL, MO, and KY. Big 10 land has more, but it's still illegal to bet on college athletics in places like NJ. I'm not sure about all the stipulations in the various states it's currently legal in, but the article mentions Colorado has, by far, accounted for the largest % of national legal sports better handle in the first two months of legalization than any other state.

My understanding was online betting was legal in New Jersey.....Michigan's trying to move up their start as well because of the restrictions on how many people can be in a casino at one time for COVID.
 
I'm more with Jens on this. Even the most ardent gambler on this site refers to the activity as "degenerate". It's not a good look for the university -- as much as I loath the expression, it's "bad optics".

beyond that, the article at the link in the tweet is a bit confusing. it makes the statement "The deal, which covers sports betting, fantasy sports, casino games and free-to-play contests..." but then only gives details about signs, radio promos and 'career development opportunities for students'. I'm much curious (and concerned, for that matter) about how this deal involves sports betting and casino games than I am about signs at Folsom.
The linked article I attached above addresses a lot of this.

However, believing sports betting is immoral or "bad optics" is a personal belief. Wall street is one of the most morally corrupt entities in the world, yet I'd guess both you and Jens would have a different take if some stocks broker company was a sponsor of CU athletics.

Do you consider the lottery immoral? The Colorado lottery pushes millions of dollars back to Colorado Parks. Is that a bad thing? You talk a lot about using state and national parks, both of which have been enhanced because of "gambling".
 
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