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Joined: 10/28/1999
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Does UVA/VT get anything from sports betting?

I doubt it since you cannot bet on state universities if you are in the state of Virginia (NC allows it). Out of curiosity, can schools outside a state say they don't want people to bet on their games, i.e. can VT tell the state of NC that they don't want people betting on their sports teams - would VT or state of VA have any pull to make that happen (I highly doubt that). This is a bad look on NC since they are still trying to get help from hurricane damage and other flooding. I also read (not sure how true) that NC taxes only winnings and can't claim losses. Thus, if you had received a free deposit/play bonus of $200, and over time you win $5000, but you lose $5200 (net of $0) that you still get taxed on the $5000. No wonder they have that amount of $$$ to give to them.
Posted: 04/16/2025 at 07:26 AM ET
(In response to this post by Hokie12thman)

Thread Replies (6)

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UNC / NCSU potentential to close gap w SEC /B10
Hokie12thman 04/15/25 05:19 PM ET
See, that's what i am talking about
MrBayAreaHokie 04/16/25 01:41 PM ET
Maybe we should be adding UNLV?**
Truthahn 04/16/25 09:48 AM ET
Very important to note this is a State Senate proposition.
hokieZ71 04/16/25 08:32 AM ET
Does UVA/VT get anything from sports betting?
The_VT_Rock 04/16/25 07:26 AM ET
I don’t think this money move was made for UNC to swoop off to the SEC or
Maroon Baboon 04/15/25 06:05 PM ET
Very interesting move, w/ UNC potentially messing up the ACC & going to SEC
Stech 04/15/25 05:52 PM ET