MLB and U.S. Sportsbooks Set $200 Limit on Pitch Bets After Scandal

URGENT UPDATE: Major League Baseball (MLB) has just announced a $200 limit on individual pitch prop bets to combat gambling misconduct following a serious scandal involving two pitchers from the Cleveland Guardians. The decision comes as federal prosecutors unsealed an indictment against Luis Ortiz and Emmanuel Clase, who face multiple charges, including wire fraud conspiracy and conspiracy to influence sporting contests.

In a significant move aimed at preserving the integrity of the game, MLB confirmed that this limit will apply to pitch-level markets, which are particularly vulnerable to manipulation. The league’s new safeguards cover 98% of the U.S. betting market and include restrictions on parlays involving pitch micro-bets, which Ortiz and Clase allegedly manipulated.

MLB Commissioner Rob Manfred expressed gratitude toward the sportsbook industry for their cooperation. “I commend the industry for working with us to take action on a national solution to address the risks posed by these pitch-level markets,” Manfred stated. He emphasized the importance of maintaining transparency and integrity within the sport, especially in light of recent events.

The indictment alleges that Ortiz and Clase participated in a betting scheme that attempted to fix pitches, targeting first-pitch betting markets. Both players are currently on nondisciplinary leave and could face up to 65 years in prison if convicted.

The fallout from this scandal has prompted other sports leagues to reconsider their betting structures. Ohio Governor Mike DeWine praised MLB’s decision, stating, “By limiting the ability to place large wagers on micro-prop bets, Major League Baseball is taking affirmative steps to protect the integrity of the game.” He urged other leagues to follow suit.

As part of this initiative, major sportsbooks, including FanDuel, have committed to adhering to these new limits. FanDuel’s president, Christian Genetski, said, “This initiative illustrates our unwavering commitment to building a legal and regulated market that roots out abuses by those who seek to undermine fair competition.”

The implications of this scandal extend beyond baseball, as other sports leagues are also grappling with issues of betting integrity. For instance, the NBA has been adjusting its betting markets to prevent manipulation, following similar concerns raised over incidents involving players and gambling schemes.

As this situation develops, all eyes will be on the MLB and its efforts to safeguard the integrity of the game amid growing scrutiny over sports betting practices. Fans and bettors alike are urged to stay informed as further updates emerge on this critical issue.