Current:Home > FinanceAthletes beware: Jontay Porter NBA betting scheme is a lesson in stupidity -AssetTrainer
Athletes beware: Jontay Porter NBA betting scheme is a lesson in stupidity
View
Date:2025-04-15 07:23:01
In all of Jontay Porter’s idiocy, he provided a service to other professional athletes who might consider placing bets on games in which they are direct participants or in which they have insider knowledge to provide to gamblers.
It’s almost impossible to pull it off in a world of legal, regulated and monitored gambling. It’s even more impossible when you’re as blatant as the NBA says Porter was.
This isn’t like placing an illegal bet with Bill the Bookie and paying losses or collecting wins at the local burger bar on Monday evenings.
That doesn’t mean this won’t happen again. Someone always thinks they can beat the system, and maybe someone can but not Jontay Porter and his simple attempt at trying to make extra money. It’s inevitable, just as it was inevitable it happened in the first place.
The league’s investigation turned up stunning evidence against Porter, the younger brother of Denver Nuggets forward Michael Porter Jr., who was on a two-way NBA/G-League contract with the Toronto Raptors worth about $410,000.
The NBA found Porter told a gambler about his health; another gambler Porter knew placed an $80,000 prop bet on Porter to underperform in specific statistical categories; Porter limited his participation in a game to influence the outcome of one or more games; he placed bets on NBA games through an associate’s online account and though none of the bets involved games Porter played in, one bet included a Raptors game in which Porter bet the Raptors would lose.
NBA Commissioner Adam Silver had no choice but to deliver Porter a lifetime ban from playing in the league.
MORE:Zion Williamson out for Pelicans play-in elimination game against Kings
MORE:2024 NBA playoffs: First-round schedule, times, TV info, key stats, who to watch
Gambling is everywhere, and the leagues (just not the NBA) have embraced it. You can’t watch a game without gambling being part of the advertising or on-air discussion.
“We limit the amount of sports betting advertising in our games,” Silver said at the conclusions of last week’s NBA owners’ meetings. “Whether that’s at the right line, others may have a different opinion, but we limit it. But that’s just a fraction, of course, of the amount of sports betting advertising we see.
“I live in the New York market. It’s constant in terms of promotions for people to bet on sports.”
It’s a money-maker. It’s good for business. Revenue from the NBA’s gaming partners is shared with the players, and the NBA made it possible in the 2023 collective bargaining agreement for players to have partnerships with gaming companies.
The league can’t prevent a Jontay Porter situation, and that’s why there are safeguards, such as monitoring, to identify improper wagering.
“The alternative is illegal sports betting, and I think at least in a legalized structure, there’s transparency. Just as in cases we’ve dealt with where very sophisticated computers, when there’s aberrational behavior, you become aware of that rather than betting that takes place in the shadows or underground.”
The concern from Silver is real. You can hear it in his voice and read it in his statement he issued announcing Porter’s ban.
“This matter also raises important issues about the sufficiency of the regulatory framework currently in place, including the types of bets offered on our games and players,” Silver said.
Silver has long proposed federal regulation, and he is also suggesting limiting or eliminating prop bets involving players, namely players with non-guaranteed or nominal contracts who might be more easily influenced to break rules.
Can the NBA and other leagues find a way to do that, or will they just have to live with the consequences? Because even if the league didn’t have relationships with the sports books, the sports books would still be in business and someone would still be looking for a quick payout.
Follow NBA reporter Jeff Zillgitt on social media @JeffZillgitt
veryGood! (73)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Dangerous weekend weather forecast: Atmospheric river; millions face flooding risk
- Micah Parsons listed on Cowboys' injury report with illness ahead of Eagles game
- Vikings beat Raiders 3-0 in lowest-scoring NFL game in 16 years
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- 'The Zone of Interest' named best film of 2023 by Los Angeles Film Critics Association
- Jennifer Lawrence, Emma Stone and More Stars React to 2024 Golden Globe Awards Nominations
- No. 3 NC State vs. Liberty women’s game interrupted by leaky roof from heavy rain
- Don't let hackers fool you with a 'scam
- Tylan Wallace goes from little-used backup to game-winning hero with punt return TD for Ravens
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Japan's 2024 Nissan Sakura EV delivers a fun first drive experience
- A day of 2 prime ministers in Poland begins the delayed transition to a centrist, pro-EU government
- 2 people have been killed in a shooting in the southern Swiss town of Sion
- Nevada attorney general revives 2020 fake electors case
- BTS members RM and V begin mandatory military duty in South Korea as band aims for 2025 reunion
- From pickleball to Cat'lympics, these are your favorite hobbies of the year
- Tennessee picks up pieces after terrifying tornadoes; storm pounds East Coast: Live updates
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
What Nicole Richie Taught Sister Sofia Richie About Protecting Her Privacy
Adam McKay accused of ripping off 2012 book to create Oscar-nominated film 'Don't Look Up'
Volunteers flock to Israel to harvest fruit and vegetables as foreign farm workers flee during Israel-Hamas war
What do we know about the mysterious drones reported flying over New Jersey?
LeBron James Supports Son Bronny at USC Basketball Debut After Health Scare
Biden invites Ukrainian President Volodymyr Zelenskyy to meet with him at the White House
Polling centers open in Egypt’s presidential elections