Former Bookmaker Exposes Secrets of Underground Sports Betting

Get Intro To The Stock Market https://www.skool.com/going-public-with-ross-mandell-7131 Ross on Instagram https://www.instagram.com/rossmandell/ Hugo Sanchez on Instagram http://instagram.com/mathewbowyer5/ About Mathew Bowyer * Bowyer was the operator behind an underground sports betting / gambling enterprise, pleading guilty to charges including running an unlawful gambling business, money laundering, and filing a false tax return.  * He ran operations taking wagers from hundreds of bettors, including high-profile clients like Ippei Mizuhara, the former interpreter for MLB star Shohei Ohtani.  * He was sentenced to 12 months and one day in federal prison, and ordered to pay $1.6 million in restitution. * His case drew widespread attention because of the scale, the clientele, and the intersection of gambling, tax law, and regulatory scrutiny.  Episode Highlights * 🎲 Illegal Betting Empire — Ross and Bowyer dive into how his operation grew: how bets were collected, the infrastructure behind running an unlicensed bookmaking business, and how client relationships (even with athletes or public figures) played a role. * 💰 Money Laundering & Taxes — The conversation explores the systems Bowyer used to move money, hide income, and evade tax liabilities, as well as how the justice system uncovered those financial trails. * ⚖️ The Plea & Sentence — Bowyer walks through the plea deal process, how the sentence was determined, and what restitution and supervised release requirements were involved. * 🔍 Publicity, Scandal & Reputation — Given the high-profile nature of his clients and the media coverage, Bowyer discusses how public perception and press impacted his case and legacy. * 🔄 Lessons & Reflection — He offers candid reflections about risk, regret, redemption, and what people in high-stakes money operations should learn from his mistakes. Why This Episode Matters If you're fascinated by underground economies, sports gambling, financial crime, and the law, this episode offers a rare insider’s perspective on how such empires operate, how they unravel, and how reputations and public figures get entangled in them. Bowyer’s story bridges crime, finance, and consequence in a way that few have lived to tell in detail. Learn more about your ad choices. Visit megaphone.fm/adchoices