Sports gambling and fixed card games bring Federal indictments (Merged) | Page 4 | The Boneyard

Sports gambling and fixed card games bring Federal indictments (Merged)

HW611 said:
I wonder if the mob names will also appear front page in papers or just only the NBA associates involved with the game, not running it, will lol
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thekollieman said:
The concept of the NBA not being on the up and up was established in the zeitgeist a long time ago. Now it’s just hit a new level with how easy and accessible it is for players to take their cut.
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Have to wonder if it is more than the personal need for money to take that risk. Rozier is making $26 Mil. annually. The money they took in on the game where they counted it out at his house was $200,000. Maybe somebody is over a barrel. Scary business.
 
People who don't understand how someone with a lot of money could gamble don't understand addiction. If anything, money makes it worse. Ask Floyd Mayweather, Dave Portnoy, etc.

Also - the leap from "legal gambling" or "recreational gambling" to "illegal gambling" isn't as large as most people think. That's why pro sports leagues have traditionally prohibited their players from gambling of any kind. It's a slippery slope, especially when you're dealing with people that have large egos and a lot of influence.
 
champs99and04 said:
People who don't understand how someone with a lot of money could gamble don't understand addiction. If anything, money makes it worse. Ask Floyd Mayweather, Dave Portnoy, etc.

Also - the leap from "legal gambling" or "recreational gambling" to "illegal gambling" isn't as large as most people think. That's why pro sports leagues have traditionally prohibited their players from gambling of any kind. It's a slippery slope, especially when you're dealing with people that have large egos and a lot of influence.
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There's s big difference between throwing away your playing career, ruining everything you ever worked for and accomplished, and possibly going away to federal prison over peanuts and what Dave Portnoy does. What Portnoy does is legal and a major part of his business. Mayweather's whole persona/image is throwing around millions and he wasn't throwing fights over chump change.
 
Deepster said:
Missed PATs is the NFL?
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It's one thing to have the pressure of losing the game with a miss. What about the pressure of coming under suspicion of point-shaving with a miss?
 
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I've seen a number of news outlets reporting on this as an 'insider trading' case. I don't think that's necessarily the best way to look at the set of facts at issue.

There is no specific, brightline section of the U.S. Code that criminalizes 'insider trading' per se; rather, the term has typically been associated with a set of activities that can rise to the level of Securities Fraud, which most definitely is a statutory concept. The securities fraud concept clearly does not apply here, at least not to the first level conspirators.

It would seem to me that Rozier, Billups, et. al could most effectively be prosecuted (at the Federal level) pursuant to the Wire Fraud and RICO statutes. But suffice to say these clowns are looking at some serious Fed time.

Where the concept of Securities Fraud COULD come into play is with shareholders in the betting platforms that took the wagers.

Those shareholders could point to the betting platform's 'terms and conditions', which typically (at least DK and FD that I know of) state that participants are not allowed to place wagers based on information that is not publicly/broadly available. Therefore, a shareholder could claim injuries under the Securities Fraud statute to the degree they could prove financial harm due to the platform's failure to enforce said policies.

Fascinating stuff. Can't wait to see where this goes.
 
I always liked Chauncey, but that is some disgraceful behavior. Leading people to games to lose huge sums of money is pathetic. The guy had everything. What a greedy fool. Either that or he owes somebody big.
 
The mafia was running a $3 million a month sports gambling ring out of the Providence College bars '99 through the early 2000's. The owner was buddies with the PC hockey and basketball players. It was pretty wild and they definitely got their hooks into some college students/athletes.
 
superjohn said:
The mafia was running a $3 million a month sports gambling ring out of the Providence College bars '99 through the early 2000's. The owner was buddies with the PC hockey and basketball players. It was pretty wild and they definitely got their hooks into some college students/athletes.
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QuickDraw said:
This is no surprise and will spread across all professional sports in a short time. This is just the beginning.
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I think it's easiest in the NBA cause so many points are scored. You can shave 3 or 5 points without necessarily changing the outcome. You can't do that in MLB or NHL and even most NFL games are too close. Unless you just don't care and throw your team under the bus with a loss to make an extra couple hundred thousand bucks.
 
superjohn said:
There's s big difference between throwing away your playing career, ruining everything you ever worked for and accomplished, and possibly going away to federal prison over peanuts and what Dave Portnoy does. What Portnoy does is legal and a major part of his business. Mayweather's whole persona/image is throwing around millions and he wasn't throwing fights over chump change.
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I'm not saying betting a lot of money makes you an addict. But having a lot of money certainly does not preclude you from it, and in many cases it puts you at higher risk. This is especially true for successful businessmen and investors who are used to profiting off of everything they do - or even someone like Antoine Walker. Oftentimes the confidence that makes a pro athlete successful also makes them ripe for being exploited in the betting market.
 
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jleves said:
I think it's easiest in the NBA cause so many points are scored. You can shave 3 or 5 points without necessarily changing the outcome. You can't do that in MLB or NHL and even most NFL games are too close. Unless you just don't care and throw your team under the bus with a loss to make an extra couple hundred thousand bucks.
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Without getting deep into it the NFL is where the real money is. I believe this will be proven out. La Cosa Nostra is at the head.
 
karstenkibbe said:
Wow. No wonder Adam Silver is hiding under his C-3PO/R2D2 blanket in his bed and not giving interviews…

nypost.com

Chauncey Billups allegedly tipped off NBA gambling ring Trail Blazers planned to tank upcoming game: feds

After Billups’ alleged tip-off, the Blazers were smoked by the Bulls 124-96.
nypost.com nypost.com
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Am I the only one concerned that the way this article is written with its use of "they" and "team" suggests that others on the team might have been placing bets on this game?
 
This is why the NBA gets the reputation that it gets and other leagues are no different. When someone says games are rigged believe them.
 
If you go to Twitter, in-depth videos are being posted of players reacting to spreads vs. actual score. Steph Curry, Gary Payton and the Warriors have a ton. Nuggets and Jokic, LeBron when he was on the Cavs with Jones. There’s legit possible questionable behavior everywhere.
 
Tenspro2002 said:
Funny, when I play poker it feels like everyone else has x-ray vision.
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I meant to tell you, your Adams' apple becomes more visible when you are holding a set or better. Maybe get a scarf.
 
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Mazhude said:
Actually, I'm hoping Tiago Splitter, as the new interim head coach of the Blazers, will be a better coach for Clingan... since he's a fellow big man.
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Define better. After a brief stint on the DL early, he made it through the season healthy. Billips seemed to give him just the right amount of rope to bring him along and he consistently improved. Now he's starting, making 3's. I dunno what could have been better.
 
CTBasketball said:
If you go to Twitter, in-depth videos are being posted of players reacting to spreads vs. actual score. Steph Curry, Gary Payton and the Warriors have a ton. Nuggets and Jokic, LeBron when he was on the Cavs with Jones. There’s legit possible questionable behavior everywhere.
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Definitely watch the one with Payton and the Warriors. Spread is 11.5, they're winning by 14 and someone hits a "meaningless" 3 at the buzzer to beat the spread. There is absolutely NO other way to explain that one.
 
Deepster said:
Definitely watch the one with Payton and the Warriors. Spread is 11.5, they're winning by 14 and someone hits a "meaningless" 3 at the buzzer to beat the spread. There is absolutely NO other way to explain that one.
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I think guys are just aware of the spreads like anyone else and could be having fun with it.

Announcers point that kind of stuff out all the time too on broadcasts. Even though in this case, I definitely think the fear in SVG eyes said he had money on this one lmaoo

 
HW611 said:
I think guys are just aware of the spreads like anyone else and could be having fun with it.

Announcers point that kind of stuff out all the time too on broadcasts. Even though in this case, I definitely think the fear in SVG eyes said he had money on this one lmaoo

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Did you watch the Warriors clip? They're not just "aware" of the spread.

 
Deepster said:
Did you watch the Warriors clip? They're not just "aware" of the spread.

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Yeahhhh that's pretty damning.

If you just know what the spread is, that's a bit of a chuckle and a shrug.

Payton's reaction is only when you have a bit more at stake (source: me in my living room following NBA scores live on the Draftkings app).
 
Outside of a few SuperBowl pools among friends, I have not and don't ever plan to bet on sports. I can't stand that when I go to ESPN to see NCAAF scores, I have to see spreads and over/under. I can't stand seeing betting ads on the billboards at soccer games (thankfully Serie A doesn't have the degree of betting sponsors that EPL has, but the ads are wholly bothersome [go away Jamie Fox and BetMGM]). In my life I've lost less than $100 total on playing slots at Mohegan Sun, Foxwoods, and in Las Vegas. Only real gambling I'll do is with my 401k. I just want to enjoy the game and hopefully have my team win. Those that want to bet, have at it, can't stop people's fun, but this story about the NBA strikes me as barely scratching the surface of a more pervasive problem. I'll get off my soapbox now.
 
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