Sports Betting Scandal's

The US hasn’t exactly been lily-white clean, when it comes to sports bets. There have been plenty of scandals over the years, with the 1919 Black Sox heading the list. Recently, the NBA had a publicity nightmare with referee Tim Donaghy, who retired under allegations that he bet on games that he officiated during at least the 2006 and 2007 seasons.

In the 1950’s, before the NBA came into existence, there were huge point-shaving scandals in college basketball, and smaller issues since. And how can we forget Pete Rose betting on MLB games while he was the manager of the Cincinnati Reds? We can’t, and while I’ve always believed the explanation that games in major league sports in the US can’t be fixed because the players make too much, I’m at a loss to understand exactly how much money is really involved in the latest soccer scandal.

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Nevada’s casinos are still the only place you can legally bet on sports in the US, and while the state did $98.9 million in action on the 2013 Super Bowl (holding $7 million, since more betters went with the San Francisco 49’ers instead of the game’s winner, the Ravens), the total pales in comparison to the money bet around the world on sporting events.

If you haven’t heard, on Monday, Europol announced they have uncovered the largest betting scandal in football (soccer) history. They estimate that $2.5 billion per day is wagered on sports world wide and that most of that is bet on soccer, so how much could the crooks have earned? Who knows!

The scandal involves 680 games in 16 countries, 380 of which were held in Europe. The 18-month-long investigation has uncovered bribes accepted by more than 400 players, referees, and club officials. The games in question include World Cup and European Championship qualifiers as well as matches in European leagues.

The matches occurred between 2008 and 2011 and the largest bribe is said to be $130,000. That’s a lot of cash! The infrastructure for the suspected Singapore–based syndicate of criminals must have been massive to get to 16 countries and bribe hundreds of individuals. It’s not like you can just pick up the phone and ask someone if they’re interested in making a few extra bucks throwing their next game.

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This organization makes “Bugsy” Siegel’s early West Coast past-posting of horse races by stealing the results and getting bets down at Mickey Cohen’s bookie shops in Los Angeles seem like penny-ante stuff. Maybe I’ll feel better if I run down some of “Bugsy’s” other exploits in the next blog. Maybe not.

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