by
In a wild turn of events, it looks like things may be flipped for Texas sports betting. Earlier this year, it was reported that a sports betting bill had been shot down by the legislature. However, there’s been a complete and total 180, as things were able to move forward in the House. With that, this bill will now head to the Senate to see if things can move forward. This would open the door for online sports wagers to be placed. Indeed, Texas sports betting is back from the dead for 2023.
So, what happened? Essentially, things appeared to be finished, but then there’s now hope that things can get across the line. In order for that to happen, 2/3 of legislators will need to approve online betting at a meeting in the near future. If that were to happen, which a lot of people out there are hoping happens, then things would then move on to November, where people in the state will vote on things on the ballot.
Only time will tell how things go down, but everyone will be waiting to see what happens when things reach the votes for officials and lawmakers. The expectation is that citizens will vote things in if the bill makes it onto the ballot. From our chair, we feel like there’s a 50-50 chance that things will be presented on the ballot. While there’s a lot of support for this specific bill, a lot of politicians remain against things.
This is why a lot of people are a bit worried that they won’t be able to even have the chance to vote on things once November rolls around. People have been calling for legal wagers for a while now, with the long list including team owners as well. Soon enough, we’ll know for sure if things will be given the green light or not. It goes without saying, but the revenue potential would be massive for the Lone Star State.
BREAKING: The Texas House of Representatives pass the online sports betting bill on third reading by a vote of 100-42.
The referendum to put online sports betting to a vote has officially passed the House and now moves to the Senate, where it faces steep odds.
— RLinnehanXL (@RLinnehanXl) May 11, 2023
Legal betting in time for the NFL postseason would be huge for Texas
Looking ahead to this fall and winter, legal betting in time for the NFL postseason would be huge for Texas. In a perfect world, sports fans would vote in the betting bill in November – and then there’d be a quick turnaround to get the online sportsbooks operating for everyone to use. The football season may start in September, but don’t forget that things go all the way to February when the Super Bowl takes place.
For people in Texas, they’re going to be checking the NFL betting odds with passion in the coming months, especially with expectations being so high for the Dallas Cowboys. With Dak Prescott in the middle of his big-time contract, a lot of people are hoping that this can be the season where the signal-caller is able to help the Cowboys finally get back to the big game. They haven’t won the title in nearly 30 years.
Come Week 1, the Cowboys will be taking on the New York Giants, a game they’re already favorites for. The expectation is that the Cowboys will be able to get back to the postseason this winter, with things set to start in January. We don’t have to tell you that the wagers will be through the roof in Texas if legal online wagers are allowed by then. Matter of fact, we expect there to be huge betting numbers from Day 1 for betting, with the hope things are rocking by late November/early December.
As we mentioned above, the revenue potential for the state is incredibly high, and things will surely be sky-high when the football season arrives and betting is allowed. If the Cowboys can post an impressive campaign and then make noise in the playoffs, then we will surely see incredible numbers for the state. First, though, we must see things approved by the Senate and then voted in via the ballot.
Thanks for stopping by, @SChecoPerez! 🏎🫡
📸: @42ndWitness@NFL | @dak | @F1 pic.twitter.com/SBnM7djgP1
— Dallas Cowboys (@dallascowboys) June 26, 2023
Illegal MLB bets are high in Texas right now too
Unfortunately for the state, we are seeing that illegal MLB bets are high in Texas right now too. This was expected, as the Texas Rangers and Houston Astros are in the middle of sensational years. The Rangers have been one of the biggest surprises in the bigs, as they’re currently in first place in the AL West standings, two games ahead of the Astros in the standings. The Rangers are ready to stay hot after the All-Star break. They’ve been rock solid thus far this season.
As for the Astros, they remain the favorite to win the AL West. They also hold strong MLB betting odds to win the World Series. Houston won it last year and people are still excited about seeing them get that job done. Over the next few months, despite things being illegal, the expectation is that people in Texas will continue to place wagers on the Astros and Rangers. Hopefully at this time next year, the bets being placed will be done in a legal fashion.
