GoKawiilHere are three stories about the state of gambling in America.
Baseball
In November 2025, two pitchers for the Cleveland Guardians, Emmanuel Clase and Luis Ortiz, were charged in a conspiracy for “rigging pitches.” Frankly, I had never heard of rigged pitches before, but the federal indictment describes a scheme so simple that it’s a miracle that this sort of thing doesn’t happen all the time. Three years ago, a few corrupt bettors approached the pitchers with a tantalizing deal: (1) We’ll bet that certain pitches will be balls; (2) you throw those pitches into the dirt; (3) we’ll win the bets and give you some money.
The plan worked. Why wouldn’t it? There are hundreds of pitches thrown in a baseball game, and nobody cares about one bad pitch. The bets were so deviously clever because they offered enormous rewards for bettors and only incidental inconvenience for players and viewers. Before their plan was snuffed out, the fraudsters won $450,000 from pitches that not even the most ardent Cleveland baseball fan would ever remember the next day. Nobody watching America’s pastime could have guessed that they were witnessing a six-figure fraud.
Bombs
On the morning of February 28th, someone logged onto the prediction market website Polymarket and made an unusually large bet. This bet wasn’t placed on a baseball game. It wasn’t placed on any sport. This was a bet that the United States would bomb Iran on a specific day, despite extremely low odds of such a thing happening.
A few hours later, bombs landed in Iran. This one bet was part of a $553,000 payday for a user named “Magamyman.” And it was just one of dozens of suspicious, perfectly-timed wagers, totaling millions of dollars, placed in the hours before a war began.
It is almost impossible to believe that, whoever Magamyman is, he didn’t have inside information from members of the administration. The term war profiteering typically refers to arms dealers who get rich from war. But we now live in a world not only where online bettors stand to profit from war, but also where key decision makers in government have the tantalizing options to make hundreds of thousands of dollars by synchronizing military engagements with their gambling position.
Bombs, again
On March 10, several days into the Iran War, the journalist Emanuel Fabian reported that a warhead launched from Iran struck a site outside Jerusalem.
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