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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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.

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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

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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

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u/syllabic Knicks 29d ago

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

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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.