All Or Nothing: The Rise of Sports Betting | 134

Scamfluencers

Wondery

Society & Culture

4.1 • 7K Ratings

🗓️ 2 December 2024

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode we examine America’s favorite pastime: gambling. With loosening regulations, the explosion of online betting sites, and the full support of major sports leagues, sportsbetting has become ripe for scam. In this episode we meet an accountant who worked the system and bilked an NFL team out of millions, an interpreter who conned one of baseball’s greatest players, and a basketball player who bet against himself. In all three cases, the stakes are high and hopes are dashed when luck runs out.

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Transcript

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0:00.0	Hey, scam influencers fans, Sachi here.
0:02.2	If you live for the outrageous stories and unbelievable cons that we cover, you need Wendry Plus.
0:07.2	It's like sitting in the room with us as we unravel every twist.
0:10.5	Add free a week ahead of everyone else and packed with exclusive content you won't hear anywhere else.
0:16.1	Start your free trial in the Wendry app, Apple Podcasts, or Spotify now.
0:19.7	Thank you. Trial in the Wendry app, Apple Podcasts, or Spotify now.
0:30.5	Sachi, I know you spend as much time watching TV as I do, and have you noticed that it seems like every single ad is for a chicken sandwich or sports betting?
0:34.5	Yeah, it is ubiquitous.
0:36.6	It is everywhere, and I have never gambled, but I feel like
0:39.7	you might be a casino girly or you're too scared. Um, I've actually never been to a casino. I don't
0:46.9	think I'm afraid of it. I am afraid of being separated from my money. Yeah, I don't want to be separated
0:51.9	from my money either. And the rise of sports gambling isn't only annoying us with constant ads.
0:57.6	It's putting sports fans, professional leagues, and players in a difficult spot.
1:01.9	We're going to get into all the scammy sides of this growing trend in today's episode.
1:07.5	On November 13, 2014, the top story in the sports world isn't about something that happened on a court or on a field.
1:15.3	It's an op-ed in the New York Times written by the new NBA commissioner, Adam Silver.
1:20.3	The piece is titled, Legalize and Regulates Sports Betting.
1:24.0	And it opens with Adam stating, quote,
1:26.5	betting on professional sports is currently illegal
1:28.9	in most of the United States outside of Nevada. I believe we need a different approach.
1:34.4	It might not sound like a mic drop, but it is. Up until this point, the commissioners of all
1:39.7	the major U.S. sports leagues have been on the same page. They're against the legalization of
	...

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