Circles Off - Sports Betting Podcasts

This College Basketball Betting Scandal Is Bigger Than You Think | Presented by Kalshi

12 snips
Jan 16, 2026
A massive point-shaving scandal in college basketball has been uncovered, with shocking connections to the Chinese Basketball Association and investigation intricacies. The discussion heats up around the rivalry between Fanatics and FanDuel regarding bet protections after injuries. Financial pressures on players and the difficulties of maintaining game integrity stir lively debate. Topics like prediction markets and the practicalities of betting limits reveal layers of complexity in the gambling world, while the panel invites audience reactions to the unfolding chaos.
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INSIGHT

Scale And Detection Of The Point-Shaving Scheme

  • The 2026 college basketball point-shaving case exposed large-scale, sophisticated manipulation across NCAA and international games.
  • Porter and Joey argue regulation and legal sportsbooks helped reveal the scheme rather than hide it.
INSIGHT

Big Numbers Often Mislead On Risk

  • Large bets like "$400K" on first-half markets can be misleading; stakes and payout structures differ.
  • Porter stresses regulation made detection possible and these scandals surface because regulated books report anomalies.
INSIGHT

Regulation Reveals Misconduct

  • Scandals existed before legalization but often went unseen offshore; legalization channels can reveal misconduct.
  • Porter and others argue exposure via regulated markets is a protective feature, not solely a harm of betting.
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