Westgate SuperBook calls for investigation of inside information regarding Tom Brady unretirement

NFC Divisional Playoffs - Los Angeles Rams v Tampa Bay Buccaneers
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It’s easy for the NFL to take action against a player who foolishly uses his phone to bet on football. It’s far from easy for the NFL to properly police the potential misuse of inside information related to pro football.

As explained by Todd Dewey of the Las Vegas Review-Journal, Westgate SuperBook vice president Jay Kornegay believes that significant bets placed on the Buccaneers last week arose from inside information that Brady would be unretiring. And Kornegay wants the NFL to look into it.

A sharp bettor placed a large bet on Thursday for the Buccaneers to win the NFC at 30-1 and the Super Bowl at 60-1. After the Tampa Bay odds to win the Super Bowl were dropped to 25-1, the same bettor bet on the Bucs again.

“There’s not a doubt in my mind that they knew he was coming back when they placed those wagers on Thursday,” Kornegay said. “And these were not casual bettors. They would be categorized as educated bettors. It wasn’t a guy with a Tom Brady jersey at the counter. It was a player that we would describe as sharp. With that type of play and the announcement we heard [Sunday] that he was unretiring, there was information that was shared prior to his official announcement.

“There is no doubt in my mind that information leaked sometime in the middle of last week. This is concerning. I don’t think I’ve ever said the NFL really needs to investigate something. But this is something they need to look into and how it got out, because there are many books that took some sizable wagers in the middle of last week.”

Per Dewey, the South Point sports book had a similar experience on Thursday, with someone placed “big money” on the Buccaneers to win the Super Bowl at 50-1, at 30-1, and at 25-1.

The NFL issued a “no comment” to the Review-Journal, but this isn’t something can be ignored. The proper handling of inside information is one of the many chapters of Playmakers. For the first time, a major sports book is openly accusing someone of securing and acting on the unreported news that Brady is coming back.

If only the poor bastard who paid more than $518,000 for the football that was supposedly the last touchdown pass of Brady’s career had had access to that information.

89 responses to “Westgate SuperBook calls for investigation of inside information regarding Tom Brady unretirement

  1. Perhaps we could describe those books who took large wagers on the basis that Brady absolutely, definitely wasn’t coming back as… not sharp

  2. Hold on for a sec while I try to squeeze out a tear for the gambling industry.
    Gambling seems like a cash cow for the NFL now, but it will be the League’s demise.

  3. Well; if you’re not willing to take the risk of losing to someone with a little inside information … maybe don’t allow betting on Super Bowl odds until the after training camps open?

  4. That kind of information is not regulated. It’s called a rumor. This is nothing like insider trading. Nothing to see here except an upset bookie.

  5. All anyone had to do was see what TB said to Cristiano Ronaldo over the weekend and his facial reactions to know that he would probably be coming back. I am not sure how all of these pretty obvious signs point to anything “insider” related.

    Maybe Westgate should have took the line off the books if they thought it was a insider risk. Not after the fact though.

  6. So if they accept a bet on a team and a significant player retires prior to season, are they going to refund the bet?

    Sorry, it’s part of the business they are in. Win some, lose some.

  7. Unless those bettors were Brady’s wife, than what’s the chances people found out 4 days before every media outlet? Someone would have leaked it to Schefty or someone else.

  8. It didn’t take “inside information” to know Tom Brady wasn’t going to stay retired! LOL!!!! My 4th grade nephew said he knew all along TB12 was coming back… As did 95% of the posters on this very site.

  9. Is this against the law? Actually asking, I don’t know. It’s not insider trading with stocks, I’m guessing people with inside knowledge place bets all the time.

  10. I’m sure “New York” will have a couple suspect calls during the postseason next year. Gotta help our their new partners. WWNFL

  11. These superbook creeps can afford it. To heck with them. Sometimes you win, sometimes you lose – if their customers can handle that business model, so can they.

    But this does give some idea of the slime that will inevitably accumulate as the NFL gets more and more formally into the business of gambling. Give it a few years of that plus NIL money in college, and it’s all going to be horribly grotesque soon.

  12. Dear NFL, maybe you should have thought of all this speculation before you decided to make betting your side hustle.

  13. The NFL’s endorsement and support of legalized gambling will be the downfall of the league. They should be doing just the opposite. and doing everything they can to oppose it.

  14. I mean he shot a Hertz commercial that dropped the day after he announced. I would look there first 🙂

  15. I knew something was up when the Bucs franchised tag Godwin, one of Brady’s favorite receivers.

    Didn’t have the money to place a bet though. That, and I don’t believe in betting.

  16. Then stop making a line on everything. Nobody whines when they make money taking bets. But I don’t think anything happened that was intentional. It could have been something like an agent said something to one of his friends, and the friends kid heard something. You never know. But the world can’t stop turning just because Vegas wants to put a line on everything under the sun. What if one of Brady’s wife’s friends’ sisters said something? Everyone isn’t going to sit around in a bubble because of Vegas and their betting lines. The majority of Americans don’t bet on football, so they don’t see everything they do through that looking glass.

  17. “Someone would have leaked it to Schefty or someone else.”

    How do we know it wasn’t Shefty who made the bet? Joking, sort of, but you can see how an “inside reporter” could find this tempting.

  18. I’m trying to understand what the NFL could or would do about this. I’m not seeing the illegality

  19. Gambling will be the end of being able to trust that the NFL is a fair and honest sport.

  20. Man, the house cries when they lose. Gambling is an information sport, and this dudes upset people had more information than him.

  21. I have no sympathy for the sportsbooks at all. They can take an ass beating every now and then, they’ll survive.

  22. Tons of speculation about Brady returning or the Bucs picking up Watson. They set the line too low and got burned. Probably should wait for the QB carousel to stop spinning before placing SB odds.

  23. It was a virtual certainty that Brady was not going to stay retired. He started to express misgivings about hangin’ ’em up a few days after announcing, for god’s sake. He was coming back. The question was where. Only two places, Tampa or San Francisco. With Garoppolo not traded, the “sharps” chose Tampa on juicy odds. Good move. Now the bookies are whining. Poor babies.

  24. Vegas will take your money 12 months a year for sports season’s that only last a few months a year! The way to prevent this for the NFL is to not accept wagers till after free Agency and the Draft! By then you have an idea what teams look like! That’s not an NFL problem. That’s a sports book problem!

  25. Suck it up, we don’t cry when you take our money. Good for them making a bold and smart bet.

  26. To all the “Brady is a cheater” commenters – what does HE have to do with it? You don’t have to like him, but bending over backwards to frame this as Brady cheating is ludicrous.

  27. I’m sure they gave everyone their money back that bet on the Colts before Andrew Luck retired

  28. Is there a law that restricts Tom from telling someone his future plans? I think the odds of Tom coming back were a lot better than 50 to 1. Maybe the sports book shouldn’t take bets that could result in that type of potential disaster.

  29. The NFL investigate who leaked information? That’s laughable! Who leaked Jon Gruden’s emails? The Cowboys pay 2.5 million to cheerleaders when nothing nefarious happened? What really transpired in Commanders work place. What’s in the 650,000 emails besides a few by Gruden? There will never be an investigation of any kind, and you can make book on that @ 60-1.

  30. Those bets are unlikely to pay. Too many variables in an NFL season. There is a reason 50% or less playoff teams from the previous year don’t make the playoffs the following year. Sure, Tom Brady gives them a better chance, but those are boom or bust wagers. A $10,000 wager at 25/1 is still a loser at 60/1 if the Bucs come up short again, and that team just got a year older and is no better than the 2021 version. It’s obviously possible, but not likely.

  31. “They would be categorized as educated bettors. ” – the term is Wiseguys. See: Nicholas Pileggi.

  32. This ain’t nuttin compared to future scandals the NFL will undoubtedly face with their venture into gambling! All it will take is for one inevitable domino to fall and the NFL will wish they had practiced gambling abstention!

  33. Keep in mind, that even at 25-1, those are not great odds, and the Bucs are clearly not viewed as a favorite. I mean, if the odds dropped from 50-1 to 6-1 – it would indicate that Vegas thought the Bucs had a good chance at winning the super bowl.

    That being said in 2007, I did place a bet on the Giants to win the super bowl, and got 46-1 odds. But they did beat the Patriots after that season – so who knows….

  34. This public service announcement approved by one of the NFL’s official gambling partners.

  35. The problem is not “Inside Information” the problem is that these bookmakers will take a bet on anything. I.E. Look at all the SuperBowl side action… Length of National Anthem, Gatorade Color. Maybe they should just stick to Scores…
    They have no problem taking “Sucker Bets” until they are the sucker.

  36. jkossrt says:
    March 15, 2022 at 11:20 am
    The NFL’s endorsement and support of legalized gambling will be the downfall of the league. They should be doing just the opposite. and doing everything they can to oppose it.

    danno1212 says:
    March 15, 2022 at 11:30 am
    Gambling will be the end of being able to trust that the NFL is a fair and honest sport.
    _____________

    Legal gambling on the NFL has existed in Las Vegas forever. It has also been been legal on Native American reservations. Billions and billions of dollars have been legally wagered on the NFL over the years, and it has not yet been the downfall of the NFL, nor has it caused legitimate questions of the league’s fairness or honesty as a sport. Why would an increase in states legalizing sports wagering or the NFL accepting sponsorships from gambling platforms change that dynamic?

  37. How will they keep the lights on at their 4 billion dollar palace? Quick someone start a GoFundMe for this poor fellow

  38. That’s a lot of whining from Westgate, especially when their Sportsbook is going to win that bet.

  39. The problem is not with the bettor. Its with the companies taking the bet. If they are afraid of major roster moves, they should wait until after Free Agency and the draft to take a bet on the SB winner.

    Now they are in a losing position and they want to cry about it.

  40. While I can understand the Books’ concern I would remind them that Brady did not come close last year and that he’s yet another year older this year. Take the bets, seems like free money.

  41. Not to worry. They won’t win the Super Bowl anyway. Grandpa will be one year older.

  42. Does anyone think that these bookmakers don’t have their own informants trying to sniff out as much information as possible prior to it becoming public knowledge so they can change odds accordingly? They’re just pissed because they got scooped of this inside information and it was used against them. I will never have any sympathy for bookmakers if they lose their shirt because they become rich by other people losing their shirts

  43. gibson45 says:
    March 15, 2022 at 12:36 pm

    Legal gambling on the NFL has existed in Las Vegas forever. It has also been been legal on Native American reservations. Billions and billions of dollars have been legally wagered on the NFL over the years, and it has not yet been the downfall of the NFL, nor has it caused legitimate questions of the league’s fairness or honesty as a sport. Why would an increase in states legalizing sports wagering or the NFL accepting sponsorships from gambling platforms change that dynamic

    —————————
    There have been problems over the years of loose information leaving organizations which affect the way the odds are put out for betting on games. This store is the perfect example. The book makers wanted that inside information so they could make sure that they had their odds correct so they wouldn’t lose their shirt. So these book makers are going to have their informants out sniffing out information in NFL organizations, budding up to players and coaches, to try to get inside information out of those organizations. The league will become infected by outside influences because there will be billions and billions and billions and billions more money on the line now than ever

  44. It is comical that every story involving cheating and corruption always has a common factor attached to it – Tom Brady. People defending this serial con artist cheater are clueless. How many more stories need to happen to eventually link them together? This isn’t some massive coincidence.

  45. There real issue with the information is that someone else got it before they did. Had it been the other way around they would be fine with it.

  46. kenmasters34 says:
    March 15, 2022 at 12:59 pm
    The problem is not with the bettor. Its with the companies taking the bet. If they are afraid of major roster moves, they should wait until after Free Agency and the draft to take a bet on the SB winner.

    Now they are in a losing position and they want to cry about it.
    ————————————-

    They are not even in a losing position, just less of a winning one than they thought they were going to get.

  47. Legal gambling on the NFL has existed in Las Vegas forever. It has also been been legal on Native American reservations. Billions and billions of dollars have been legally wagered on the NFL over the years, and it has not yet been the downfall of the NFL, nor has it caused legitimate questions of the league’s fairness or honesty as a sport. Why would an increase in states legalizing sports wagering or the NFL accepting sponsorships from gambling platforms change
    ————————————————————————————————

    Not the point. The point is that the NFL supports, condones and endorses legalized gambling in it’s league. Gambling outside the league is one thing. The NFL has no control of that. But they do have the responsibility of making sure their game is fair and not influenced by gambling.

  48. Seeing as how sports books like this get off with betters $$$ on a daily basis in all sports available to bet on…let me get the worlds smallest violin to play for them

  49. Is this one of those… it will be handled on the side kind of things OR a full blown ball air ratio SportsBet Gate kinda thing? asking for a friend…

  50. thurmanmerman99 says:
    March 15, 2022 at 1:51 pm
    It is comical that every story involving cheating and corruption always has a common factor attached to it – Tom Brady. People defending this serial con artist cheater are clueless. How many more stories need to happen to eventually link them together? This isn’t some massive coincidence

    Brady Derangement Syndrome….

  51. So if Brady gets injured, suddenly those bets seem much less likely to win and the risk to the sportsbooks drops considerably, but the bettors, who are unfortunate enough to have bet on the Bucs, get no adjustment, do they?

    Brady did not file retirement papers, so any odds that reflect him not playing were foolish to publish.

    Suck it up, buttercups.

  52. I had Derek Henry to win the MVP, who was on his way to winning till his injury. I didn’t get a refund.

  53. If they set the line and offered the bet, that’s on them. Offering that sort of bet opens yourself up to being a victim of inside info. If I knew Michael Jordan personally I could have bet him a 100 bucks that he couldn’t score 35 in the next game. As long as he took my bet I could get a 2nd mortgage and put it on Jordan.

  54. Not sure the NFL anticipated all the potential issues it was bringing into play with gambling. Or, the money was so big, nobody bothered to care.

  55. Westgate is absolutely reeling now that Circa is open and taking business from their outdated casino and it shows here.

  56. Only half the world realized Brady was probably not retiring. And the smart bettor may not be so smart when Brady is moved to another team.

  57. If you know a guys dog died or his girlfriend left him or he’s got mud butt and few if anyone else knows about, there’s nothing that says you can’t make a bet. If it weren’t for degenerate gamblers there wouldn’t be any sports books. Hopefully the “player” characterized as a sharp in the article, wasn’t an NFL player and just a bettor. Perhaps that point could have been made a little clearer.

  58. At the same time those bets were placed there were still rumors of qbs coming to Tampa from Watson to Jimmy G. Those same “educated bettors” could have been assuming Tampa would get a good qb since Arians and Leftwich both were returning which would change their super bowl odds tremendously.

  59. Furioso says:
    March 15, 2022 at 2:32 pm
    Hey just the Patriot way.
    ———————

    Deranged obsession can cloud a persons ability to know what teams are and are not involved in a given situation. Not sure what was wrong with the situation either, but its still quite clear who is and is not involved.

  60. It became public knowledge two days before the announcement that it appeared he was coming back.Looks like Westgate dropped the ball and wants to blame others.

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