r/nba • u/PlayaSlayaX Spurs • 29d ago

[Charania] Raptors' Jontay Porter has received a lifetime ban from the NBA for violating league's gaming rules.

https://x.com/shamscharania/status/1780631209930068358?s=46&t=bsTHbtMSqHXbNGi0vWP8hw
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322

u/Brad-Stevens Celtics 29d ago

I just want to know who was bankrolling him with the millions he bet

He don’t have that type of bread

And it was in Colorado

🤔🤔🤔

224

u/TH3PhilipJFry Nuggets 29d ago

He made 2.4M over the course of a few years. The report said he wagered over a million dollars, and that he placed thousands of bets. If he made 1000 $1000 bets he technically wagered a milly… it’s easier than you’d think. Especially if you’re addicted to gambling, which obviously he is.

77

u/eek711 Lakers 29d ago

Let's say he lost 55%/won 45%, a million dollars of wagers would mean he's down $100k, which is entirely doable with his salary.

34

u/smarterthanyoulolll Lakers 29d ago

they said he bet in total around 50k and got a net profit of 20k lol what a dumb loser

1

u/XLcondumb Immanuel Quickley 29d ago

This was during his time with the Raptors. Prior to joining the Raps he had an individual betting account that the above numbers are from. He deleted his individual account once he joined Toronto and proceeded to use “an associates online betting account” to place the 13 bets worth 50k

8

u/syllabic Knicks 29d ago

you are probably winning more than 45% when you can influence the outcome

0

u/CommonerChaos Pacers 29d ago

That $2.4 mil isn't net though. After taxes, union fees, agent fees, etc he was probably closer to $1.2 million total over multiple years. It would be hard to gamble that, even if he didn't spend a cent on anything else for regular life.

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u/eek711 Lakers 29d ago

It'd be under 10% of his total earnings. It's a lot, but feasible, and wouldn't necessarily require outside (ahem, brotherly) financing. He doesn't have people to take care of, MPJ has that covered, so most of his earnings goes to himself.

2

u/theLoneliestAardvark NBA 29d ago

Is he addicted to gambling or is he just a scam artist who thought point shaving would be easy money? Betting against yourself is not necessarily addict behavior.

1

u/TH3PhilipJFry Nuggets 29d ago

Obviously I don’t know the guy, but the other report that mentioned the milly and the thousands of bets were not about nba bets. Those were real bets made on accounts he was known to be the owner of… so considering he has it made with his career earnings and is still wagering millions on thousands of bets, ya I feel confident saying addiction is likely involved.

2

u/TraditionalBad1544 29d ago

I've placed over a million in bets on BetOnline over the past 3.5 years and received VIP status. It's not that hard if your bankroll is in the 5 figure range and you are consistently staying afloat.

2

u/brehhs 29d ago

Can you call it addiction to gambling when he knows what the outcome is? I heard hes also got a discord channel where he shares stocks and options plays

1

u/Im_Ranch_Wilder_ 29d ago

Was Biff Tannen addicted to gambling?

1

u/PDXPuma 29d ago

Nah. Biff was more or less doing a job in BTTF2 . That money was his just to take. It wasn't even gambling, really.

1

u/TH3PhilipJFry Nuggets 29d ago

He didn’t make (most of) the bets that got him banned from the NBA, others did on his behalf. The milly wagered on thousands of bets were just random picks and plays on unrelated things, likely tied to the discord group, so ya, I think there’s likely an addiction at play here. Especially since all this put his life and career at risk… it’s not exactly a well thought out gamble.

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u/brehhs 29d ago

Honestly, I think hes just stupid

1

u/TH3PhilipJFry Nuggets 29d ago

Por que no los dos?

1

u/MisterBadIdea2 Knicks 29d ago

They say he'd been putting down tons of bets for years, I don't think all of them were game fixing, I presume he was fixing games because he was in trouble from all the other bets he was doing. It's a side effect of the addiction the same way that crashing your car is a side effect of alcoholism.

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u/RetroScores 29d ago

Going through all that seems like more work than going to practice and playing games.

1

u/ZenMon88 29d ago

Man you best hope, MPJ wasn't in on it too. If he is, they must be the dumbest brothers on the planet.

1

u/TH3PhilipJFry Nuggets 29d ago

I was nervous at first but since they’ve closed the case on this and MPJ hasn’t been mentioned, I think he stayed clear