2 Biggest Scandals in The Sports Betting Industry

Do you want to know how the online sports betting industry started tiptoeing around the rules of the government? Do you know why federal agencies and local authorities are constantly on the lookout for such activity?

Well, these instances in the history of sports betting might give you an idea why.

1919 World Series – Black Sox

baseball black and white - 2 Biggest Scandals in The Sports Betting Industry

You may have read in a previous article of ours about a certain event wherein a player threw off his game in order for the other team to win and make money for gamblers.

Apparently, this instance has happened before during the Black Sox game during the 1919 World Series. On top of that, it wasn’t just one person, there were 8 of them.

As far as the court ruling goes, none of them was charged or found guilty, however, the association for baseball deemed it necessary to kick them off the sport and ban them for life. And if that doesn’t scream guilty, we don’t know what does.

NIT and NCAA Tournament

basketball players - 2 Biggest Scandals in The Sports Betting Industry

Just like what happened with Chicago White Sox wherein a group of players threw off their game in order to make the opposite team win, the NIT and NCAA tournament also had a similar experience but on a different level.

In this case, instead of teammates rigging the result, people from different teams colluded in order to get the result that they need for those who are betting for them and against them.

As far as the investigation went, 33 players were involved and suspended, a team got banned, and no tournament has taken place for about 30 years.

After these events, there were a few more scandals that happened which made the government realize that sports betting is indeed something that one ought not to get involved with.