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The Thrills and Spills of Sports Betting’s Most Controversial Wagers

David Prior by David Prior
July 2, 2024
Reading Time: 5 mins read
The Thrills and Spills of Sports Betting’s Most Controversial Wagers
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Throughout history, bold gamblers and cunning bookmakers have drummed up some of the most thrilling, infamous bets in sports and online casinos like Casino777 CH. When huge amounts of money are on the line, people will go to extreme lengths to win—or lose. From disgraced athletes shaving points to impossible winning streaks, controversies abound in the world of sports betting. Let’s explore some of the craziest, most contentious wagers ever made. 

Sneaky Sox Scam the Series

In 1919, the Chicago White Sox were favored to win the World Series against the Cincinnati Reds. But some players had other plans. First baseman Chick Gandil conspired with seven teammates to intentionally lose games in exchange for $100,000 from gamblers. When the heavily favored Sox lost, rumors swirled about a fix. A year later, a grand jury convened to investigate the allegations.

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The “Black Sox Scandal” rocked America’s pastime to its core. Eight players were indicted and banned from baseball for life. The fallout led to the establishment of the new commissioner of baseball office and a strict prohibition on gambling. So in the end, the players’ sellout backfired big time. But it remains one of the most brazen point-shaving schemes in sports history.

Beating the Unbeatable Bookies 

In the 1960s and ’70s, few were better at beating the bookies than the Computer Group. Formed by MIT math whizzes, the syndicate used computer programs to analyze data and find inconsistencies in point spreads and odds. At one point, they were winning an incredible 70% of their bets.

Naturally, the bookmakers weren’t too pleased about the loss of revenue. Death threats ensued, along with multiple lawsuits. The FBI conducted a massive investigation before finally busting up the group in the late ’70s. Though mostly legal, the Computer Group’s expert system clearly gave them an edge, and they exploited it to the tune of an estimated $5 million.

The Luckiest Man Ever? 

In the 1950s and ’60s, Welshman Harry Ogden had an uncanny knack for correctly predicting soccer match scores. Bookies thought it was dumb luck at first. But after Ogden’s improbable winning streak continued, they grew suspicious—and for good reason. 

It turns out Ogden had a source inside a national newspaper that leaked match results to him before they were publicly available. He placed his bets already knowing the outcomes! Eventually, the scam unraveled, and Ogden was convicted of fraud. Still, his run was one of the most remarkable (and illegal) gambling streaks on record.

The Unlikeliest of Long Shots 

Leicester City was a middling club in England’s top soccer league. Entering the 2015-16 season, the odds against them winning the championship were 5,000:1. Essentially, they were considered huge underdogs with almost no hope. 

But Leicester City defied all expectations, going on an epic Cinderella run to capture one of the biggest upsets in sports history. Several bettors who took the long-shot wager won huge payouts as a result. The Foxes’ improbable triumph proved that when it comes to sports betting, anything can happen.

Manning’s Masterful Super Bowl Pick

No one knows football better than players who have lived it. So when legendary quarterback Peyton Manning picked the Philadelphia Eagles to win Super Bowl LII at odds of 6:1, people took notice. 

Manning’s prediction turned out to be spot on, as the underdog Eagles upset the mighty New England Patriots 41-33 in a thriller. Those who followed Manning’s advice and bet on Philly cleaned up nicely. It just goes to show sometimes it pays to get inside info from an expert!

Jordan’s Costly Love of Golf 

Michael Jordan is competitive to a fault. The basketball icon just couldn’t stand to lose, even during low-stakes golf matches. When he teed it up against Richard Esquinas, the stakes quickly escalated.

Over the course of their games, Jordan ended up losing over $1.2 million in wagers. Esquinas wrote about it in a tell-all book, and Jordan admitted to having a gambling problem. For the global superstar, those friendly bets weren’t so friendly. It’s a cautionary tale of how gambling has the power to spiral out of control.

Foolproof Formula or Fluke?

Throughout the 20th century, kasinot suomessa players sought the holy grail—a foolproof formula to beat the house. In the 1960s, math professor Edward Thorp published a strategy for counting cards that seemed unbeatable. Others later perfected his technique. 

Teams of card counters became so successful that casinos changed blackjack rules to thwart them. Though not illegal, card counting crossed an ethical line for many. Casino corporations saw it as cheating the system. To this day, skilled counters still quietly rack up winnings and stir up controversy at the tables.

Mayweather Bets Big on Himself 

Floyd Mayweather Jr. was so confident he’d defeat Conor McGregor in their 2017 “superfight” that he bet a whopping $400,000 on himself. The boxing champ just couldn’t fathom losing to an MMA fighter in the ring. It turned out to be one of the safest bets ever—Mayweather won by TKO in the 10th round.

Placing such a massive wager on yourself to win is almost unheard of. But Mayweather’s bravado paid off handsomely. His gutsy gamble epitomized the brashness that made him both a champion boxer and a controversial sports figure.

Final Thoughts

From disgraced Sox to eagle-eyed card counters, the controversial history of sports betting contains some truly incredible tales. These outrageous bets capture the thrill and scheming that surrounds sports wagering. Where big money is concerned, competitors will go to great lengths to come out on top, sometimes crossing ethical lines. Say what you will about the rights and wrongs—when it comes to outlandish bets, the stories are undoubtedly riveting.

David Prior

David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.

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