This College Basketball Betting Scandal Is Bigger Than You Think | Presented by Kalshi

In today’s episode of Circle Back, we break down the indictments that just dropped in a sprawling point-shaving scandal involving college basketball and connections to the Chinese Basketball Association. We react to what’s been revealed so far, why this case could be far bigger than it initially appears, and what it means for the integrity of betting markets. We also dive into the growing online rivalry between Fanatics and FanDuel over voided player prop wagers after in-game injuries, and debate whether “same limits for all” is actually good for bettors or the industry as a whole. Plus, reactions, context, and plenty of side discussions as the betting world keeps delivering chaos.

Circle Back is hosted by Jacob Gramegna and features Mike (Mr. PeanutBettor), Joey Knish, and special guest Porter from BA Analytics. Together, the crew reacts to the biggest stories, controversies, and debates from the world of sports betting and gambling media.

📅 New episodes of Circle Back every Monday at 1pm ET and Friday at 8am ET. Plus, watch for additional content every Wednesday, ranging from interviews with industry experts to instructional videos!

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SHOW INDEX

0:00 - Circle Back Friday with Jacob Gramegna, Mike aka Mr. PeanutBettor, Joey Knish and Porter

1:38 - Federal charges laid down in a college basketball and Chinese Basketball Association point shaving scandal

22:10 - A new era of celebrity endorsements?

29:07 - Fanatics fires shots at FanDuel

38:43 - Limits are good for winners?

49:03 - Reading your comments

56:14 - A new wave of sports betting in information laundering

1:02:38 - Swish vs. Oddsjam lawsuit updates

1:08:41 - Stop going for grand slams, start going for base hits

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