"Prominent U.S. sportsbooks are establishing a nationwide $200 betting limit on baseball wagers centered on individual pitches and prohibiting such bets from being included in parlays in an attempt to decrease the incentive for manipulation, Major League Baseball announced Monday. MLB has been in discussions with its authorized sportsbook partners about potential changes to betting menus and limits since the summer, after unusual wagering was detected on individual pitches by Cleveland Guardians starter Luis Ortiz in a pair of June games."
"On Sunday, federal prosecutors unsealed an indictment that charged Ortiz and Guardians closer Emmanuel Clase for their alleged roles in a gambling scheme centered on whether individual pitches would be a ball or strike as well as the over/under on the velocity of some pitches. According to the indictment, bettors won approximately $450,000 on bets on individual pitches during the alleged scheme."
Major League Baseball secured a national agreement with prominent U.S. sportsbooks to cap bets on individual pitches at $200 and to bar those markets from parlays. The change follows detection of unusual wagering on individual pitches by Cleveland Guardians starter Luis Ortiz and an indictment alleging Ortiz and closer Emmanuel Clase participated in a scheme wagering on balls or strikes and on pitch velocity, with bettors winning about $450,000. MLB expects smaller potential winnings will reduce incentives for manipulation. Commissioner Rob Manfred praised the industry collaboration to protect the game's integrity and noted guidance from Ohio Gov. Mike DeWine, who urged bans on micro-prop bets.
Read at ESPN.com
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