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☆ Shohei Ohtani's ex-interpreter was really bad at sports betting, according to court documents
▼ + stars: | 2024-04-12 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Mizuhara, Ohtani's ex-interpreter, used the money to pay off a gambling debt, federal prosecutors alleged. The former interpreter had a net loss of $40.7 million, according to a federal complaint. Related storiesThe typical returns in sports betting would depend on the type of bets Mizuhara placed, Williams told Business Insider. AdvertisementProsecutors don't say what kind of bets Mizuhara was placing. Other forms of sports betting, including betting with offshore books or with unlicensed bookmakers, remain illegal, according to the association.

Persons: Ippei Mizuhara, Shohei Ohtani, Ohtani's, —, Ippei, Shoehei Ohtani's, ballplayer, Mizuhara, That's, Tim Williams, Williams, BetUS, Mathew Bowyer, Bowyer, Diane Bass, Goldman Sachs Organizations: Dodgers, Service, Business, Los Angeles Times, ESPN, American Gaming Association Locations: California

☆ The odds that Travis Kelce proposes to Taylor Swift post-Super Bowl are heavily against you. You can bet on it anyway.
▼ + stars: | 2024-02-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

"It's been pretty incredible," Tim Williams, director of public relations for BetUS told Business Insider. "This is the very first time we've seen any off-field prop bets challenge or even overtake the half-time show." Propositions, or prop bets unrelated to gameplay are largely prohibited in the US. At BetOnline, the site offers 89 wagers — a reference to Swift's "1989" album — solely around Swift and Travis Kelce. Nobody is getting rich off of these prop bets, however, according to Williams.

Persons: Taylor Swift, —, She's, Tim Williams, Williams, Taylor, Swift, Travis Kelce, Will Donald Trump, Will Kelce, BetOnline, BetUS, that'll Organizations: Super, NFL, American Gaming Association, Service, BetUS, Business, BI Locations: Costa Rica, Panama, BetOnline

They can speculate all they want, but they won't be able to bet on it legally in the United States. BetMGM public relations manager John Ewing said he was waiting for word from Canadian authorities there if such bets will be OK. Las Vegas, the longtime epicenter of sports betting in the U.S., has some of the strictest rules regarding the kinds of wagers made. Since she's performing in Japan the weekend of the Super Bowl, fans began wondering whether she'll make it to Las Vegas to watch Kelce and Kansas City face the San Francisco 49ers. "We don’t want any subjectivity in a prop (bet),” Ewing said.

Persons: Taylor Swift, Travis Kelce, John Ewing, Kelce, Ewing, ” Ewing, “, Adam Pullen’s, “ We’ve, ” Pullen Organizations: LAS VEGAS, Super, Kansas City Chiefs, Gatorade, Chiefs, AFC, Baltimore, Bowl, Kansas City, San Francisco 49ers, Caesars Locations: United States, Costa Rica, Canadian, Ontario, U.S, Las Vegas, Japan, Kansas, Vegas .

☆ People are starting to place bets on Reddit's civil war
▼ + stars: | 2023-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Hundreds of punters have placed a bet on whether Reddit will reverse its API pricing move. BetUS told Insider that people are "undecided" about the site walking back that decision. Almost all bets think Steve Huffman will still be CEO of Reddit by the end of the year. Hundreds of people are putting money on whether the company will back-track on its new API pricing policy or oust its CEO Steve Huffman, BetUS told Insider. Almost all bets have been on Huffman still being CEO by December 31, BetUS added.

Persons: BetUS, Steve Huffman, Huffman, Christian Selig, Reddit, Reddit didn't Organizations: Financial Times

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