Sen. Jeremy Zellner introduced Senate Bill 10153 this week, and it was referred to the Senate Committee on Racing, Gaming, and Wagering on Thursday.
The legislation would establish a “proposition betting task force” within the Rockefeller Institute of the state government to study proposition bets. The bill’s summary specifies that the independent task force would place a particular focus on assessing ‘under’ prop wagers, wherein gamblers bet on an individual athlete falling below a certain statistical threshold for things such as points scored, strikeouts recorded, and many others.
What would a NY prop bet task force look like?
The proposed task force would be made up of four members: two appointed by the Governor, one appointed by the state Assembly, and another chosen by the Senate.
The bill states that the task force would analyze:
The types, ..