THE MOB IS BACK, FBI Busts MASSIVE Sports Betting Racket ft. Doug Polk
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Summary
The FBI has charged former Miami Heat guard Terry Rozier and former Trailblazers head coach Chauncey Billups with conspiracy to rig underground poker games that were backed by mafia families, and conspiracy to commit wire fraud, money laundering, and money laundering.
Transcript
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you know what's funny i have played poker my whole life and i started playing when i was like 16 17
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here i am today i have never really played a home game for real money i mean i've played like you
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know the boys are having some beers you know i've played in those but i've never played a game with
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significant stakes because it's just too there's just too many things that can go wrong like people
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could not pay you they can be taking a cut out of the pot they're not supposed to there could be
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cheating there could be collusion they're these these games get robbed i have the story here from
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the associated press heats rosier and trailblazers billups charged in sports betting and mafia-backed
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poker schemes this was this morning this is breaking news and this is a wild wild case portland trailblazers
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head coach chauncey billups and miami heat guard terry rosier were arrested thursday along with more
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than 30 other people accused of participating in schemes involving illegal sports betting and rigged
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poker games backed by the mafia rosier is accused of participating in an illegal sports betting scheme
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using private insider nba information while billups is being charged in a separate indictment alleging a
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wide range scheme to rig underground poker games that were backed by mafia families authorities said
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both men face money laundering and wire fraud conspiracy charges and were expected to make initial
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court appearances later thursday so my name is doug polk i'm one of the best poker players in the
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world i most specifically specialized in one-on-one poker it's called heads up poker uh but i've also
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won three world series of poker bracelets i have over 10 million dollars in cashes i started a well-known
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trading site i own a poker room in texas called the lodge so uh pretty much everything poker related
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based i love that well dude i want to know what was your initial reaction when you saw this story
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break this morning obviously the fbi dropping this indictment huge poker i guess you would say like
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scam you know some sort of racket i don't know what specifically you would call it but uh
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yeah what was kind of your initial reaction to that indictment so gigantic story that broke today and i
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think it's important that we look at this into two different sections right because there's actually
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technically two different cases going on concurrently uh there's a sports betting case and then there's a
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poker case uh so i'm you know i'm familiar with both i would say i have more insight into the poker
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specifically being that's more my background but um i was look like i've heard about some of these
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athlete games in the poker world for a long time there have been rumblings of cheating for quite
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some time as well and then also a lot of this uh the sports betting side we heard even from the nba
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earlier this year that there was a investigation where they looked into terry rosier and cleared him
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of wrongdoing so we've seen swirling stuff about this for a while now but now we're just starting to
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see it come to light yeah well i mean for when we can drill down on the sports betting real quick i
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mean yeah we saw them saying they're investigating terrorists here but then you started seeing these
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like low light compilations of him just like seemingly just chucking the ball away like
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like it looked like ymca activities i don't really know what to say there um and that obviously i mean
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i'm sure that was on the fbi's radar but that like started putting it on everyday people's radar
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yeah i think uh look i mean they're athletes not actors and there's a reason uh i think you think you
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could find a an easier way to to get some low stats than some errant pass to the middle of nowhere
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right just right maybe you're a little bit slower maybe a little less accurate maybe you're a little
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bit less uh you know coordinated but um you know i think the incident that really caused a lot of
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investigation into rosier the first time as i understand it was he had a game where uh i think
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he faked an early an early injury to kind of go down uh where he then doesn't have to play doesn't
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have to throw bad passes doesn't have to do any of that stuff he just won't hit that stat line
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if you're not familiar with player prop betting i'll break it down for you briefly so when you uh
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any sporting event you can bet on not just the score of the game or who will win or the total
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amount of points stuff like that uh you can also bet on how individual players will perform and so uh
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if you are a player in the league or in any in a sports league you can pretty easily ensure you're
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going to be doing poorly by just you know making bad passes going out getting out getting injured
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whatever it might be so what would typically happen in these types of scenarios are players
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would load up on bets against themselves and there's a few different reasons they might do
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this they might have gambling debts to some bad people they need to kind of try and get get rid of
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they might want to make more money themselves they might you know not think they're going to get
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caught whatever it might be but they bet against themselves to perform well and then they go out
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there and they you know knowingly lose or or miss their pass or shot or get injured so uh it seems
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like rosier on the on the sports betting side rosier and possibly some other players as well uh were
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betting against themselves uh and then you know there's this one rosier clip i think or article that
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came out where essentially he bet two hundred thousand dollars against himself allegedly and there's
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a video of them counting up the money afterwards like oh you know we get paid tens of thousands of
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dollars but here's what's really stupid about that to me that season terry rosier made like 22 million
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dollars right yeah okay so so what are you doing like you make like 80k you make 250k a game why would
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you risk this yeah i was looking at his career earnings he's made 160 million dollars i mean i know
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like nba players aren't really famous for their reputation with like financial things like kind of
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pull dave ramsey pull his hair out over it or whatever's left of it uh yeah it's just bizarre
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that he's like putting it all on the line and in a very obvious way for 200 grand i mean like what
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are we doing here it makes you think that he might have gotten involved with the wrong people and
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certainly given that now we have apparently mafia ties coming to play on this that uh i i guess maybe
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we don't even have to say he maybe got involved with the wrong people i guess we'll we'll say that as
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a disclaimer for now but um with a lot of these situations people they get in so deep and they
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don't have a good way out and then they have this one road in front of them that they can do to save
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themselves so we don't know if he has like you know obviously bad financial problems in general but he
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also might have gambling issues outside of basketball he might have other criminal things
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going on that we we aren't privy to or that we don't know about that might be reasons that you would
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do this because yeah it seems insane right you've made nine figures in basketball terry rosier is a
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good basketball player um uh you know why why would you do this it makes so little sense from the
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outside that you almost there almost has to be something else going on there that we don't know
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about yeah well they were they were saying that they would drive the cash to his house and then
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obviously then that's where the counting occurred so it's like kind of obvious that there was
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some level of involvement yeah probably with some pretty shady shady figures but i kind of
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want to drill down the poker i mean the sports gambling it's not the first time a player has been
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busted obviously for this sort of thing it's you know dramatic or whatever that's part of this big
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indictment but i think what everyone is really drilling down on the fascinating part is the poker side
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i mean i'm a poker novice like full disclosure um bizarre bizarre to me so maybe break down you
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you mentioned like they call them like celebrity celebrity games yeah so let me just kind of
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explain this for people at home so uh people will often play poker in a home game right or in a private
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residence or somewhere where you're just with like either friends or a friend's friend or a small group
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or basically when you're not playing at a card room or a casino it's called a private game or a home
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game and certain home games certain private games they'll be played for very high stakes for lots of
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money we're talking hundreds of thousands or even sometimes millions of dollars on the table
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and what those games will do is they will try to make money in a variety of ways usually unethically
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sometimes just a good game amongst friends that's what you want to look for but a lot of other times
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it's not either they're taking a cut out of the game like for example what we saw a gilbert arenas
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charged with just a few months ago for uh running potlum omaha games where he was taking a cut out of the
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game uh again allegedly illegally to make money uh off the players in the game that's illegal uh but
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then also they might be trying to make money in other ways like cheating within the game itself
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which and we're going to see a lot more as this comes forward on the chauncey billups issue um it
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appears what happened in these games was that chauncey billups and other defendants in this case
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would have a well-known celebrity or well-known athlete come play in a game and then that would be sort
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of the reason other players would want to come play right like chauncey billups is a very famous
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great basketball player you might want to play with him um you might want to play with some of
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the other people on his network and then when you get there you sit down at the table and you're being
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cheated within that game itself so for example the most common way that this would happen and by the
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way there's a great video by wired they put out two weeks ago amazing timing uh but basically one of
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the most common ways to cheat is there's a shuffling machine if you're playing in a home game
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you should be very worried when you see a shuffling machine because those machines only
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are only rented by uh essentially casino establishments you have to be a licensed
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gaming establishment to be able to rent them so if you go to someone's house and you see one
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that means it's black market okay which should already kind of have some alarm bells ringing why
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does this guy have this shuffler uh you have to go through these other ways to get that now what
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you can do is there in a variety of different ways you can use that shuffling machine to cheat
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now some of the shuffling machines have a camera inside them so they know all of the cards so
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imagine you deal all the cards out but you already know what everyone has and then you can relay that
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information to a player in the game either through bluetooth or through um if another player is relaying
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it to you know signaling whatever it might be so that you know who will win the hand before the cards
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are even dealt before the flop has even come now the player that's cheating can bet tons of money in
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the hand knowing they will win so they don't have to worry about what cards are on the flop what
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they're dealt any of that stuff they just know the money will come back to them and that's why this is
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so damning because you might see a hand like this as a different player who's not cheating and it makes
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no sense they're playing crazy they're betting all this money and they won but it looks like they're
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a bad player but really they're cheating you and that's the most common way we see in these home games
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uh people being cheated and that is allegedly what is going on here with chauncey billups right well they also
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cited in the indictment like an x-ray some sort of x-ray maneuver mechanism that was being used is
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that is that common i saw x-ray in there myself yeah and that's news to me and i've heard some stuff
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in poker uh an x-ray machine i so the most common things you can do card marking is the most simple
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one right like you put uh marks in the back of cards usually you'll mark the high cards so you'll know
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know who has strong like an ace and then either you have like glasses that can see a certain ink
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or or maybe it's even like a certain part part of the card whatever it might be that's a very common
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one another very common one is two players will collude where uh they'll signal to each other when
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someone had a good hand or someone has a relevant card and then that way the other guy can see them
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and knows if they have a good hand or not um and then the other probably most common one is the shuffler
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machine way of going about it where you know what cards are being dealt out to different people
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already so you know who's going to win so i have never heard x-ray before certainly it's going to
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be interesting to see what that is but yeah uh who knows i mean i really i have no idea maybe maybe
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they meant rfid because they use rfid technology sometimes yeah right is that possible dude i'm i mean
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it's such a wild it's such magnitude to the story i mean i was saying earlier with some of the you know
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the family's society it kind of feels old school in a lot of ways i don't know it's like you know
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there's some bad news coming out of new york but it's like all of a sudden new york's you know back
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in some ways like whoa this is retro this is a throwback are you saying are you saying we're
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making poker great again you know there's an argument yeah well i wanted to ask is how common
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is this knowledge that there's a lot of these sort of gambits going on and the i mean are these
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the the victims are they just kind of naive or did they know or like over the over the course of
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the last year we've seen a ton of stories come to light i mean i've been covering cheating on my
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channel on youtube uh doug poke poker uh i've been covering cheating for i can't even i can't even
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tell you how many years it happens over and over again like cheating online i'll tell you i'll tell
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you a quick story that happened to me yeah i actually got cheated online where someone came to my
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house and they planted a device onto the computers so that they could see all of the cards you got
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dealt and they cheated my roommates and i out of probably a hundred thousand dollars or more
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um yeah it was crazy and then so i realized it because i was playing someone and they were they
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played a hand and i won't go into hand history here on the show because it'll be too detailed and
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whatever but they played a crazy hand and i sat there and i lost a bunch of money and i'm looking at
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it and i'm like this makes no sense right like there's no reason there's no reason for him to do this but
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it was right so if you're seeing something like that it's a pretty good indication like they're
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there's something going on and i don't just mean like an unlucky card came like the way they played
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their hand makes no sense so i reached out to the website at the time it was called poker stars
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and they launched an investigation into the account that played versus me and after several months
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they said doug we've only ever done this five times in the history of the website
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we're giving you every dollar back because this guy was cheating you and i knew the guy had to be
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because someone came into my house like the day before and i it all added up right so the guy's
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name was joshua tyler you can read about online it was a crazy cheating thing anyway the point is
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cheating happens so much in poker look it's a game for money right and whenever there's money whenever
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there's real stakes you get to vote with where you play which is why you should plan play at places that
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are going to respect your money and are going to try to do it the right way yeah i mean because that's
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what i was seeing i was like a few different people in the poker world were saying like this has been a known
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thing these specifically the celebrity games and that's what kind of amazed me was like i don't
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know maybe just the news hasn't spread to the masses because i figure if you're an experienced
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enough you know poker player to want to jump into an environment like that you would know there'd be
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some signs to look out for game for real money i mean i've played like you know the boys are having
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some beers you know i've played those but i've never played a game with significant stakes because it's
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just too there's just too many things that can go wrong like people could not pay you they can be
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taking a cut out of the pot they're not supposed to there could be cheating there could be collusion
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these games get robbed like okay so new york is a great example of this new york does not have
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legalized betting basically at all right which i mean it's crazy you can't just play a poker game in
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new york city today so these underground games develop and there was a famous movie about this
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called molly's game where she talked about kind of like all these underground games these games
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they'll get raided by criminals they'll get raided by the feds or or the state or like like
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the number of things that can go wrong for you in a home game and look like i get it it's convenient
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it's nice it's fun to go to your buddies but there's a point where you're taking on so much risk and we've
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had so many of these stories come forward over the last few years even on poker streams there was a very
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famous uh uh player named mike possel who played on a show called stone's gambling hall this is like
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a few years ago now and uh again allegedly over the course of two years he just beat everyone on
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almost every show that he played and he won several hundred thousand dollars playing for a few hundred
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bucks at a time and what he was doing again allegedly is he had a guy in the back who could send him the
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cards and he would just look at his crotch like this the whole time yeah and they were sending him
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the cards so he always knew what everyone had this guy looked like a genius because he always knew the
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cards yeah like like this is not this is not an isolated issue issue in poker and i hate to say
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this poker is a beautiful game i love poker i'll defend poker to the bitter end but there are so many
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ways to cheat that you have to make sure you're playing at a place at a location at a venue at a website
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whatever it is that respects the integrity of the game and wants to protect you because if they don't
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you're going to have problems yeah well because that's what i'm wondering is how how how far along
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does this go before the victims are they saying the fish i see that used a lot i don't know maybe
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is that like a common common yeah like how do they pick up that they're even being scammed so actually
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let me talk about this for a second because i saw in the report right they called them fish right
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fish are bad players okay and they call them face cards are famous players right okay um they're
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like so fish is a universal poker term if you say fish any poker table everyone will know what you
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mean it's just a bad player right right and then a whale is a really bad player which i guess because
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it's bigger than a fish i don't know they're all in the sea right yeah and then the shark is a good
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player so you have the whole ecosystem out there it's beautiful beautiful but you know what i've never
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once heard face card i've been in poker for i'm 36 years old i've been in poker for almost 20 years
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i have not even one time heard the term face card and apparently oh yeah face card is like a fame so
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i'm not saying that they're necessarily lying or or falsified i don't know right i'm just telling you
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if you say face card to a poker table they're gonna think you're just a lunatic it sounds like you're
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talking about like the king of spades or something it makes no sense i've never heard that before
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yeah okay because that's what's interesting because there's so many terms being thrown around
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and i'm like how much of it is common lingo and how much is it just like the fbi kind of
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like trying to flex a little bit yeah so and it's a mixture of both which is why it's good you know
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it's weird whenever you see the government weigh in on something and it's not your it's not your um
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like what you know right you almost look at like okay i assume all these things are like what you're
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supposed to say right and then when it's on what you know you're like what the fuck like another
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another good example is like poker movies right the number of poker scenes where they play a hand
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and you're just like shaking your head i can't believe this shit like there's a james bond scene
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where it's like straight flush and quads and a full house and like they all have like monsters
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but then like somehow they only have like 10 blinds and like it'll drive you nuts once you actually know
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a space when you see other people weigh in on it but face cards i i don't think that's a thing
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okay that's good see i'm i don't know i know not to say face card or they'll think i'm in the fbi or
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something yeah that's a good point um so i want to drill i mean i guess this is kind of re-litigating
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what we're kind of speculating with why would someone like terry rozier get involved but i don't
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know maybe the dynamic is different with these celebrity games why would someone like chauncey
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billups get involved he's a hall of famer multi-millionaire he's making good money coaching
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like what would be in it for someone like him well it's a good question i i again like you never know
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what how people end up in these places right um a lot of times they have other things other issues
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in their lives going on you don't know about and as it pertains specifically to poker shaking
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cheating what i imagine happens somewhat often is let's just say before chauncey billups cheated in
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poker allegedly you gotta say allegedly it's true you have to anyway so before maybe he played poker and
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he liked poker and i'm just gonna go out on a limb and assume that chauncey billups probably not that
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good at poker right like most most pro athletes are not extremely good poker players because they
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made their money elsewhere you know they're not actors they're not poker players they're athletes
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so um i think what might have happened is chauncey billups plays poker games he starts losing in these
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games and then he realizes hey i know how i could win money in this right we cheat the game right
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and we cheat the game i can win my money back or i can win more money or i can whatever it might be
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and uh so i don't know i mean i don't know i guess it's hard to say like specifically how do they end
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up there why would you do it i mean it's always difficult to ask criminals why would you do your
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crime you know they're gonna and sometimes maybe they have a good excuse but usually it's greed
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yeah i mean financial crimes it almost always comes back to greed i mean that that makes sense i mean yeah
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i i guess from the poker world perspective i mean you mentioned that these games uh they're they're
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somewhat prevalent i think at least you know i mean obviously they're in the underworld is there kind of
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a sigh of relief from the from the uh poker world seeing this happen like okay finally this is like a
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you know high profile crackdown so specifically for chauncey billups there was a podcast from a few
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years ago where some players talked about this like a smaller poker podcast where they talked about this
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exact thing where people knew about him cheating and on that podcast i was listening to it early
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today to just kind of like go down memory lane yeah and like yeah the thing is you know what can
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you really say you can't go up against you know this guy's a huge name in in basketball what what
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chance do you have can you really take this guy down and it's nice to see like yeah i mean if you
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commit crimes and you are stealing from people like don't get like we need to make sure this is really
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clear when you rig a poker game you are stealing money right someone's money you are stealing it
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it's no different than robbing them at the bank it's no different than like transferring yourself
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money off their account it's no different than breaking into their house and taking out of their
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safe you are stealing someone's money and there should be punishment for that right because you're
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breaking the law you are hurting people so it's good to see that like regardless of what someone's
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standing is that you know that the fbi will will go after you unless you're jeffrey epstein's friend
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other than that they're going after you yeah no matter no matter what who it is yeah totally no
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it's true unfortunately it's true um so on the sports gambling side obviously a lot of people
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are using this opportunity to sort of re-litigate the sports gambling legalization that occurred a few
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years back i mean what do you make of i mean what do you i guess what do you make of all this because i
00:21:43.920
mean you know obviously a lot of people are saying i told you so they're kind of you know crossing
00:21:48.000
their arms and saying like oh well if we tried to warn you um what's sort of the reaction from
00:21:52.800
the kind of broader gambling world to this yeah so it's interesting because when you look at sports
00:21:59.280
betting and how close and how ingrained into into sports it's become you can kind of see the issue
00:22:05.600
right where it's like okay we have all these very strict anti-gambling things on players and coaches
00:22:10.880
but we're promoting gambling so pervasively into the sport itself like where do we draw the line
00:22:16.720
and i i'll also admit like and this is coming from someone that is a gambler and promotes poker sites
00:22:21.840
and does you know gambling content when i see something as like an nba game or nfl game and they're
00:22:28.880
like and the current line is minus three and a half it's like you know when i grew up i was a big sports
00:22:34.560
fan i watched every sport i knew all the players i i remember i loved it loved sports as a kid loved
00:22:40.080
sports as an adult and i kind of feel like i still sort of feel like that shouldn't be like such an
00:22:46.080
ingrained environment for gambling promotion when it's so um it's just i don't know it's like it's
00:22:52.240
like a it's like a part of america it's like part of the country it's like so like it's part of our
00:22:56.960
fabric at the same time i recognize that companies should have a right to promote and these these
00:23:03.600
private entities have a right to decide who they let promote so i don't want to go down go on my
00:23:07.600
high horse here one way or the other right but what i will say is this i feel like regardless of
00:23:13.920
whether you want to ban this or not from sports like allowing the promotion of gambling it's gonna
00:23:18.160
happen and i and i think like i would kind of relate it a little bit to like prohibition right where
00:23:22.720
we banned alcohol in the country and then no one drank no that's not what happened right people
00:23:27.760
kept drinking so so like people are going to do shady unethical things and i don't think like that
00:23:32.640
should be the the whether we we allow it or not i think it should be based on like you know whether
00:23:37.760
it makes sense to promote this or not but i don't think that has any impact on will players and coaches
00:23:43.920
and refs like donahy if you're a few years back well these guys cheat or use this um you know use
00:23:51.200
this type of activity to like further themselves i i don't think it has anything to do with the fact
00:23:55.600
that fan duel now presents the halftime show sure yeah i mean that makes well i mean because like
00:24:00.480
you're talking about with the kind of in your face sort of promotion there was a clip that was going
00:24:05.280
around um i don't remember which account had the clip but it was espn and they were breaking the news
00:24:10.560
and they were like hashing it out trying to figure out what happened i love this and in the bottom right
00:24:13.920
the chyron said espn bet and then i guess just some pa got like screamed at because it just like
00:24:18.240
flipped off yeah i thought yeah it's a that's an amazing clip i love that it's like all of a sudden
00:24:23.520
the bottom bar just goes blank yeah it's like gray and today's cheating today's gambling cheating
00:24:29.680
segment is brought to you by espn bet it's like no no we're not doing that yeah yeah some pa just
00:24:34.720
got chewed out over that so poor guy but you can only imagine the interesting thing with the sports
00:24:40.320
gambling um i guess discourse was a lot of people were saying like okay sure people have the liberty to do
00:24:47.200
that so you know it's a bet like it's been happening for a long time but a lot of people
00:24:50.720
were raising concerns over the integrity of the sport maintaining intact because guys like terry
00:24:55.200
rozier can't even help like they can't they make it obvious they can't even help themselves but
00:24:59.440
participate and it impacts the actual sport itself right like the integrity of the sport um and i find
00:25:06.800
that a much more sort of compelling argument than like you know it's just bad behavior i mean you you can
00:25:12.720
obviously legislate morality to a degree but like with something like sports gambling it's like i think
00:25:17.040
the integrity sort of argument is much more compelling but i mean i don't know if you had
00:25:23.600
any sort of like thoughts on that specifically well we already have we already have it right i mean this
00:25:28.800
is illegal what they did so i mean in my opinion this is just the system working correctly yeah like we
00:25:34.080
had people that were in this underground informational ring that was defrauding you know casinos or other
00:25:39.520
players or whatever it might be and then they got caught and now they are going to face charges allegedly
00:25:47.040
or allegedly you know what i'm saying sure um uh they're going to face i've done one too many
00:25:51.680
youtube videos on this kind of stuff and i'm just like no you gotta you start the legal threats start
00:25:56.080
coming in you're like you know what man i'm just gonna say allegedly a million times and just know
00:26:00.160
i'm good um but yeah so so like i think this is the system performing how it should i think i think
00:26:06.560
we already have done that and i think that this is just like what you get when you have that yeah what
00:26:11.600
do you make of i mean the indictment obviously started cited three of the five crime families
00:26:17.280
in new york what do you make of their involvement is that something that was like kind of people are
00:26:23.120
aware of that or is this like super shocking because i mean i hadn't heard these names in
00:26:26.560
years you really only hear them in the movies i mean it's nice to see the resurgence of the italian
00:26:31.280
mob look the sopranos was the peak it's gone downhill from there it's true we always knew one day we'd be
00:26:36.320
back and just when they thought i was out they pulled me back in baby it's true it's true well
00:26:42.880
dude doug thank you so much for hopping on i mean people are going to want more where can they where
00:26:46.800
can they find you yeah so i do uh videos at uh doug polk poker i'm gonna have a bunch of content on
00:26:51.840
this scandal i'm sure so head on over there as well as uh you know on all the social media platforms
00:26:57.360
i'll be covering everything so doug polk everywhere is good cool love it dude well i appreciate you we'll
00:27:01.680
catch you next time man sounds great thanks for having me on