TheVictors
Well-known member
- Joined
- Sep 26, 2011
- Messages
- 14,206
Hungry said:[color=#006400 said:Mitch[/color]]
Yeah I get that part, you can bet on just about anything. But how does Vegas betting make money for the people who run the individual bowls?
Most bowls are on national tv and that brings with it advertisement money.
There was actually a piece done on HBO Real Sports (or maybe CNBC) earlier this year on the scandal surrounding the Fiesta Bowl committee and the kickbacks. Without being able to recall specifics, in reality, most bowls lose money or rather, can cost the schools involved money. Some examples were smaller bowls that would "hire" the school marching band for halftime, yet make the school pay the band's way, including having to buy tickets to the game. In other examples, the amount of money the Bowl committee's and members make is astounding. Some of these "Bowl Board members" take 6-figure payouts, rather than return the money to the schools or the ADs.
It was pretty disappointing and blunt.
It's all about the $$$$