With more states legalizing gambling on sports, bookmakers, leagues and state tax revenues are winning big. But will players - particularly unpaid college players - be targets for bribery?
Yes, our March Madness brackets are already a mess, too. But here's one safe prediction for the 2019 NCAA Basketball Tournament that tipped off this week: it will feature more wagering than ever before.
That's because last year the Supreme Court overturned a federal law and ruled that it is up to the states to decide whether they want to legalize sports gambling. New Jersey led the way, many more followed and more are planning to soon.
This shift will bring a windfall to bookmakers, sports leagues, and states' tax revenues. But at what cost? This is the first year of widely legalized sports gambling, but 2019 also marks another milestone: the 100-year anniversary of the Chicago Black Sox scandal, when a team in the clutches of gambling mobsters threw the World Series. It's a reminder that, you might say, there's no such thing as a free hunch.