Write a letter to the commissioner. Seriously.

Thought the Chaunsey Billups and the Jontay Porter situations would make the league crack down harder on gambling, but that requires a spine which Adam Silver doesn’t have.

Prediction markets were made for insider trading. Insane how this shit is legal

Coaches are literally purposefully throwing games, and can easily bet on Kalshi and it’s perfectly legal since it’s “not gambling”

I love the modern NBA

mods keep deleting posts about this lol

this is out of control. giannis turned himself from a well liked player to a pariah in one instagram post.

and the messed up part since prediction markets are a grey area since its a new thing and essentially a loophole and use crypto cant kids actually quite easily gamble on stuff like this?

like they are committing securities fraud type schemes but since its not technically a security there’s no recourse

more interesting loopholes are like sweepstakes gambling sites where you’re buying sweeps coins and gambling with those and since its not real money youre gambling with the laws are different

or those kids using counterstrike skins as currency

Don’t care if you bet on shit like this you deserve to lose every penny you have. I honestly could not care if it’s some rigged bet because you shouldn’t be betting on this shit in the first place.

The player empowerment era went from choose your team to own the sportsbook.

If its gambling he is fixing it.

If its not gambling then its insider trading.

In both cases he has admitted to it openly

People need to smarten up.

You should’ve seen the Bucks subreddit during the whole trade saga. Most infantile, paint-huffing dumbasses this side of the Mississippi. All those idiots could harp on during Giannis’ passive aggressive tour-de-force was how bad Shams’ reporting was. But Shams wasn’t pulling the Giannis stories out of his ass; I’m sure Giannis and his team were leaking all of it, knowing full well that doing so would make it look like he didn’t want out (he did). But they and the Bucks knew there was no ideal trade situation for both sides, so Giannis and company were content to stoke the flames and lead everyone to believe he was leaving, even though he knew he wasn’t going anywhere (cough market manipulation cough). Him partnering with Kalshi out in the open like this and tarnishing his image anyway is just hilarious to me considering that he wanted to preserve it by making it look like he never wanted the trade. Truly a brain dead move and I hope this leads to an investigation.

The post below this in Reddit? A sponsor post by Fan Duel featuring Gronkowski…

Luckily guys like Jontay Porter took the blame.

Sorry Giannis can’t hear you he’s currently on min 7 of his FT routine… Seriously though fuck Giannis most unlikable player of my life 

No this is not legal.

This is just bullshit, fuck Kalshi fuck Giannis and fuck NBA for let this shit happened

Yeah they gamed everyone, kalshi and Giannis together

Silver is running the league into the ground. The only way I can watch games is to 🏴‍☠️ them because I have no fucking idea which streaming service to watch. Players are def betting on themselves and/or the people close to them. We already have evidence and arrests over this.

Fuck gambling

That’s about 0.27% of their yearly volume….

There’s actually a better chance that Shams was gassing this story to insider trade on this lmao.

The nba is cooked. Point shaving is too easy, this sites have too many other easy props. Like a guy could bet a million dollars they get ejected and get ejected or something. Anyway its over.

if you were stupid enough to bet on something like this you deserve to lose your money

This is not just an nba thing

There was a White House press conference, where there was betting on how long it would go. It was abruptly ended right before the cutoff

Obviously we don’t know if that was betting based or not, but it casts suspicion on everything 

I’m so disappointed, I used to be a huge Giannis fan before this. Fuck this guy, you can tell he just did this for some Kashi money. It makes too much sense. He should be suspended/fined

This is so funny.

You suggest that athletes shouldn’t have any financial relationship with prediction markets, but you haven’t articulated why owning shares in a platform (while prohibited from trading) differs from athletes’ existing relationships with sportsbooks through sponsorships and endorsements. Athletes regularly promote DraftKings, FanDuel, and other betting platforms without being accused of corrupting the sport.

If Giannis had “fueled rumors” to manipulate a market he was financially invested in, he wouldn’t just be fined by the NBA, he would be facing a federal investigation. The risk-to-reward ratio for him to do this for a minor equity bump is virtually nonexistent.

For Giannis to have gambled on himself via equity, he would need the $23M volume on that specific trade rumor market to be the sole driver of Kalshi’s valuation. That is absurd. One market does not dictate the share price of a fintech startup. He gains nothing from the outcome of that specific bet.

Congrats OP, you’re a dumbass.

this league is shit

LeSellout walked so Gianni’s could run

As long as he isn’t participating in the wagers, who cares?

Get Pablo on the case.

Got a gambling problem?

Call 1-800-GIANNIS

boycott NBA

Gambling shouldn’t be legal at this scale.

If we can’t do that, it should be tightly regulated.

If we can’t do that, then folks should be smart enough to not gamble as they are obviously going to get screwed. It’s a con job.

If we can’t do that, I don’t know what to tell you anymore.

What laws had been broken y’all need to stop wit this fake outrage. 

People crying more about teams they don’t watch are tanking.

Orrr orrr Orr, stop Betteing on trivial things like a degenerate

This is essentially what’s happening in the White House/Wall Street, no?

Does anyone in this thread know what insider trading is? Kalshi is a platform he invested in. He didn’t say “I bought contracts of Giannis stays in Milwaukee”.

Dont worry folks, its legal for gambling companies to scam you out of money but illegal for you to find any advantage.

I wish everyone using these poly markets the outcomes they deserve. Stupid fucking idiots literally handing their money to billionaires because they’re addicted to gambling. 

It’s 100% legal and they don’t give a shit about you or taking your money.

It’s fucking crazy that for years people have warned about unregulated crypto and gambling places being used to scam the common folk, everyone ignored them, and now that it’s all coming true, you people are wondering why it’s not illegal… smarter people than you have been talking about this for years already.

We got a quarter of the league openly throwing games and not a peep

The only thing I’d bet on regarding Giannis is the Pacers beating the Bucks in the playoffs. I sincerely hope he stays for this reason 🤞

Silver: I’m going to conduct a decade long investigation to get straight to the bottom of it. Right after I figure out what to do with all this gambling money I’m making

Kalshi, the first ever sports betting app. Before this it was impossible to gamble on sports online.

Man it doesn’t really seem the top care anymore. The amount of things our president has done that is just illegal and full of hatred and it just gets past like it’s nothing. These rich people will take advantage of us any way possible.

The Greek Freak turning into the Greek Weak

This is the official NBA jump the shark moment. Silver has fully lost the plot. 

I felt like I was going crazy seeing that post yesterday on here defending Giannis because “well other players have gambling endorsements too”. It felt like such copium and I was befuddled by all of the people in that thread defending him.

I think it’s gross for any pro athlete to be involved in gambling (or gaming as they call it), but there is obviously a major fucking difference between a player being in a DraftKings commercial and a player OWNING EQUITY in a relatively shadier “prediction market”. I know most of these players ultimately care about accumulating more money and making the number in their bank account go up, but does it not feel degrading to them at all to do fucked up stuff like this in the name of the dollar bill?

Giannis has a stake in the profits generated by this gambling company. There is no market for whether or not Giannis is traded, so Giannis/agent/camp starts the rumors, and the company creates a market. Regardless of the outcome of the market, the company takes their cut, and Giannis as a shareholder gets paid.

Now you have a market for the off season, and every TD unless/until Giannis signs the next contract. Once the trade moratorium of that contract is over, every off season and every TD here come the rumors…

This is why as a fan, you don’t want Giannis on your team. When the rumots.come out that Giannis is not happy about anything, now there is a gambling market that he profits by. Regardless of which way it goes he can intentionally create a conflict to create a market that he profits by.

I used to have a favorable view of Giannis, but I don’t anymore.

Giannis sold his legacy. Went from max to min respect with one tweet.

How about people not be fucking morons betting on a controlled outcome that people have direct influence over. It’s not a random lottery. It’s like betting money on a random number only the person gets to pick the number after the bets have been placed. Stupid stupid stupid.

Nothing sus about that at all

Kawhi tree planting fiasco,league limit test effect.

Man this aint cool

I dont know how this kalshi/giannis partnership its even allowed and legal

Of course Kalshi is on the up and up, it has Donald Jr on its board!

Fucks wrong with these people 🤦‍♂️

Is there any chance it was never supposed to come out publicly that he was in league with them, but he got blackmailed or something? The result of which made him/the NBA try to prevent another Kawhi Leonard situation but just coming out with it?