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Professional NFL Gamblers Close To Losing Their Income

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It is not only the owners and the players that stand to lose tons of money if the two sides cannot work out a labor agreement. Millions of gamblers will also lose out if the league's owners decides to lockout the players to start next season.

Gamblers spend all their time from the Super Bowl to training camp saving their money to create bankrolls for the coming football season. Next, year, bettors may be forced to gamble on only college games, with the NFL possibly headed towards a long labor standoff.

The current collective bargaining agreement was set to expire on Thursday, but owners and players agreed to extend the current agreement by twenty-four hours. Negotiations are reaching a critical point, and if either side blinks, the other may become the winner. At this stage in the game, anything is possible with the owners and players both up against the wall.

The league and the players are still far apart from an agreement, according to several sources. There are not any negotiating sessions scheduled for Friday, and each side will use the day to review the negotiations and latest proposals to this point. Players are unable to sign new contracts, even though the deadline has been extended by one day.

Gamblers may become the big losers if there is a work stoppage next season. Betting on the NFL is a billion dollar industry, and Las Vegas sports books will lose millions if there is no NFL to bet on. Most NFL gamblers already bet on college football, so it is not as if there is a fallback plan for the sports books.

This past season, the league set records in terms of viewing audience, and the sport is at the height of its popularity. Analysts believe that it is the betting that drives the popularity, but the NFL denies that claim.

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