Part 7/11:
The gambling operators and sportsbooks, for their part, were aware of these vulnerabilities, shooting themselves in the foot by allowing such bets to be heavily exploited. Following the scandal, MLB and betting companies announced measures, including limiting prop bets on pitch speed and calling off the option to include such bets in parlays—larger bets that combine multiple outcomes.
Regulatory Failures and the Race for Profit
This incident underscores a broader problem: the relentless pursuit of profits has led to oversight lapses. Sportsbooks continue to seek every avenue to maximize revenue—offering more granular bets, increasing bet limits, and not adequately monitoring suspicious activity.