Craziest Betting Stories – Unforgetable Sports Scandals that Killed Bettors

Gamblers are, by the nature of their hobby, risk-takers. However, even taking that into account, some of the gambling stories need to be told to emphasize this fact. Every gambler has at least one of such stories, but there are events that affected huge group of people gambling on sport events. The Chicago baseball scandal in 1919 is possible the most famous one, even after the full century passed since it happened. When it comes to more recent events, the scandal surrounding Michael Vick had a tremendous impact on betting world.

Key Takeaways:

Michael Vick was fined and jailed for the abuse and killing of dogs as part of a dog fighting ring. He did this with a company he called Bad Newz Kennels.
PASPA was signed into law in 1992 that made sports betting illegal at the national level except for certain states. In 2018, the law was thrown out.
Pete Rose was a famous baseball player who ended up getting in trouble for betting lots of money on Reds games.

“No gambling scandal in the 20th century was more impactful than that of the “Chicago Black Sox.” The scandal involved a game-fixing accusation where the Chicago White Sox were accused of throwing the World Series against the Cincinnati Reds in 1919.”