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Matt Rybaltowski
@MattRybaltowski
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Ex-sports Betting writer @actionnetworkHQ and @sports_handle Forbes contributor @SportsMoneyBlog, former reporter @SPGMarketIntel, and NFL reporter @CBSSports.
Las Vegas, NV
Joined August 2010
Election coverage has dominated the news cycle over the last 72 hrs but yesterday @sports_handle published a fairly extensive story on allegations of proxy betting at DraftKings Interested to see how prevalent proxy betting is among whales as we dig deeper
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RT @PatrickE_Vegas: Super Bowl Odds: @CircaSports moves from Chiefs -1 to pick 'em about 40 minutes ago. Per @JeffreyBenson12, succinctly:…
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As the sports betting industry grapples with a bevy of scandals in pro and college sports, Ippei receives 57-month sentence for embezzling $17M from #Ohtani . The common thread accd to Acting US Attorney Joe McNally: Greed. My latest in @ForbesSports
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A look at the Reagan Federal Building, the courthouse where Ippei will be sentenced at 1pm pacific. Ippei pleaded guilty to embezzling $16M from #Ohtani to cover his sports betting losses. Prosecutors recommended a 57-month prison sentence, while the defense asked for 18 mos.
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Remember, #BetMGM viewed 2024 as an "investment year," as it launched the industry's first nationwide digital wallet. BetMGM also introduced enhanced SGP and parlay offerings. One analyst has increased confidence in BetMGM's ability to generate long-term profitability #GamblingX
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Though #BetMGM reported negative EBITDA of $244M in 2024, mgmt offered '25 net revenue guidance of $2.4B-$2.5B, resulting in FY positive EBITDA in 2025. In online sports betting, the JV delivered net revenue of $554 mil, resulting in annual growth of 4%. #GamblingX
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How close is the #NFL to adopting a digital 1st down line comparable to the VAR system used in intl soccer?? Roger Goodell noted on Mon that the NFL could explore various technological solutions in the future. "We want to use technology to supplement what we do with officials."
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Roger Goodell dismissed claims that the #NFL favors the Chiefs in key officiating calls, describing it as a "ridiculous theory." Goodell compared the absurdity of the theory to questions he received last year on if the relationship between Kelce and Taylor Swift is "scripted."
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RT @MLBONFOX: Umpire Pat Hoberg has been fired by MLB after an investigation showed he shared a sports betting account with a friend who be…
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RT @DavidPurdum: Gambling ring currently under federal investigation for its role in two NBA betting cases also was involved in unusual wag…
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@EricBalchunas @MrStand_Fast @BillAckman Exactly, why conduct night training missions in the nation's busiest airspace?? Go 100 miles south to a rural area. Innocent civilians are not collateral damage. There are people who fell 400 feet to their deaths...those who survived, died mins later in frigid waters. Horrific.
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Finally, @pikkitsports compiled a data breakdown of 5 Rozier betting markets from the 3/23/23 game: Assists, Pts + Assists, Pts, Made Threes, and Pts + Rebs + Assts. Of the 5, the Under was the most popular pick in just one category -- Made Threes. #GamblingX #NBA
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The disconnect in the @pikkitsports data suggests that several bettors could have made 4-5 figure wagers on SGPs featuring Rozier legs. Recall, a relative of a conspirator in the Jontay case placed a $10K SGP on "Player 1s" assists, 3-pointers, and steals for an $85K payout
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Despite the betting inquiry, Rozier plans to be ready for Sat's matchup against the Spurs . Rozier: "Once I get in between them lines, I can block out anything." It'll be interesting if Rozier props will be taken off the board. Rozier's status remains unchanged, Spoelstra noted.
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The investigation into anomalous betting patterns on Rozier props surrounds a 3/23/23 Hornets-Pels game. Accd to @pikkitsports,Rozier ranked 2nd in handle tracked per player for the game. Bettors placed $113K on Rozier wagers or $16.60 per wager. Only Nance ranked higher ($20.66)
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