Chinese Gambling Sports Betting Syndicate Busted
By jonathan
November 17, 2021
After falling into gambling debts, a clever punter decided to exploit the time delay between live action in sports and the showing of it on TV. The delay was large enough for his team to place wagers after they had seen the final result, but before this data had reached the sportsbook. Ever the entrepreneur, he recruited a number of players from around China to help him, sending them to Europe in order to place wagers on various sporting events. They managed to amass around $4 million.
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