"Sportsbooks flagged dozens of suspicious bets made by gamblers repeatedly wagering against the same small-conference teams in at least 11 men's college basketball games over six weeks last season, documents obtained by ESPN show. As the NCAA and federal authorities investigate alleged point-shaving in college basketball, the documents reveal new details about the behavior of an alleged gambling syndicate and the games suspected members targeted between Dec. 1, 2024, and mid-January 2025. ESPN obtained the documents in a public records request."
"At least nine sportsbooks in 13 states and one Canadian province detected similar unusual betting activity, according to an email sent by IC360, a firm that monitors the betting market for abnormalities. The gamblers kept betting big against the same teams and winning. In some cases, customers opened new sportsbook accounts or reemerged after weeks of inactivity to place larger-than-normal or multiple consecutive wagers on the first-half spreads of games, the records show."
Dozens of suspicious wagers targeted the same small-conference men's college basketball teams across at least 11 games over a six-week span between Dec. 1, 2024, and mid-January 2025. Multiple sportsbooks across 13 U.S. states and one Canadian province detected similar unusual betting patterns, often on first-half spreads. Bettors sometimes opened new accounts or reappeared after inactivity to place unusually large or consecutive bets. Sportsbooks linked the activity to a suspected gambling syndicate with similar behavior in 2023-24. One individual selling betting picks was named as a primary suspect by a sportsbook and denied involvement. Federal investigators and the FBI have interviewed athletes and anticipate indictments.
Read at ESPN.com
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