So you may have heard that two Cleveland Guardians pitchers were recently indicted for pitch rigging (intentionally throwing balls or hitting batters) yesterday. During the course of the almost two year scheme bettors won $450,000 by betting on the outcome of their pitches.
In response MLB and sportsbooks have agreed to limit the amount gamblers can bet on individual pitches to $200 and prohibit these bets from being included in parlays.
Full story from ESPN here.
https://www.espn.com/mlb/story/_/id/46919720/mlb-sportsbooks-agree-nationwide-limit-pitch-bets
That was quick! Also, it's hilarious that they don't just get rid of the bets altogether. Just pared down
Total prohibition would just mean some degenerate cryptoanarchists create a workaround (cc: @mega_dreamer)
Allowing only degenerate crypto anarchists to bet might be a good solution seeing as how the numbers will always be too small to impact the game haha
You're such a pessimist
Also, I said that they'd find a workaround, not that no one else would use it.
Yeah...
If there is a solution I have no idea what it is. With stuff like the though it seems like the medicine is worse than the illness.
I think "the solution" is the leagues deciding how hard they need to crack down on players to protect "the integrity of the game".
We have to remember that these are just entertainment products. That they seem to be honest contests is one feature amongst many that all need to be balanced.
Yes - this is exactly the reason why in the background we're working on Prediction Markets DEX. Free markets for all.
Can you imagine?!
Another scandal
Its really sad that pro athletes care so little about their integrity. If I were a player I'd never want a guy like this near me.