The David Pakman Show BONUS: NBA gambling scandal, Javier Milei gets midterm victory, Trump rules out running for VP
Nov 1, 2025
A major gambling investigation shakes the NBA, with federal charges against 30 individuals linked to insider betting strategies. Discussions reveal how players could influence outcomes and exploit prop bets. In Argentina, Javier Milei celebrates a significant midterm victory, hinting at austerity measures and his alignment with Trump. Meanwhile, Trump dismisses a potential VP run in 2028, igniting debate over legal loopholes and future strategies for influencing elections. Tune in for insights into gambling ethics and political maneuvering!
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NBA Faces Major Gambling Scandal
- The FBI charged 30 people in linked NBA gambling investigations involving players and coaches.
- Allegations include faking injuries and using inside information to influence bets and prop markets.
Prop Bets Create Perverse Incentives
- Prop bets let players influence specific stats like minutes played, creating incentives to fake injuries.
- Manipulating play to affect props can be easier to hide than changing final-game outcomes.
Small Bets Suggest Addiction
- Small, repeated wagers by wealthy athletes may indicate gambling addiction rather than profit motive.
- Kenny Smith argued small bets signal addiction because it's about the act of betting, not the money.