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The 'homer effect' and other new challenges from legal U.S. sports betting expansion

Will the point spread on the game vary wildly from state to state? Opinions vary, but the majority of bookmakers told ESPN they don't expect to have significantly different lines to start. Complicating matters further is the business arrangements made between racetracks outside Nevada and sportsbooks operators. Monmouth Park -- a venerable racetrack in Oceanport, New Jersey -- will split sports betting revenue 50-50 with its bookmaking partner William Hill, which arrived in Nevada in 2011 and now operates more than 100 venues in the Silver State. Monmouth Park, of course, will want William Hill to maximize profits at the track, while the bookmaker may want to consider its overall corporate bottom line. "We don't know what to expect until we get into the season and find out exactly what we're up against," William Hill's director of trading, Nick Bogdanovich, said. "You can prepare to make a decision, but you really can't until you're into the fight. This will definitely be an easier question to answer come Sept. 6." The Sept.

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