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NICK Nick Schulz is the Editor of Tech Central Station and has worked in media circles and the ideas industry as a writer, editor, television producer and policy analyst. His writings have appeared in The Wall Street Journal, The Los Angeles Times, The Washington Post, Slate, The National Post of Canada, The Baltimore Sun, Investor's Business Daily, The Washington Times, National Review, Reason, Policy Review, and several other publications. He is also, it should be said, a rabid sports fan whose fandom is inversely proportional to his overall athletic ability.
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February 06, 2004

Every Rose Has Its Thorn: Online Gambling

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Posted by Nick

At TG we've been pounding the steroid/performance enhancement and the sabermetrics debates for a bit, so I want to turn to a new but equally ire-inspiring topic: Pete Rose.

There's a terrific piece (subs. req.) in the Wall Street Journal today on Rose and John Dowd , the lawyer who investigated Rose's gambling. Dowd still talks about Rose from time to time, usually when he's asked by the press.

Rose was a terrific ball player but he is the textbook definition of a moral failure. I say this not because he gambled -- I like gambling. Or that he gambled on baseball -- I like that, too. But his pathological lying about it after he was caught and his total absence of any remorse make you wonder if he's human.

Still, I wonder if Pete had played -- and gambled -- a generation later, would he have been caught? Gambling online is a legal enterprise, and there's far greater anonymity than when one must deal with shady bookies (not that all bookies are shady, mind you). I wonder if the temptations are greater today now that a bet is just a mouse click and a data message to the Caymans away.

Dowd, by the way, is pretty sure Rose bet against his own team. If that's true -- and why should we suspect it's not? -- what a lowlife.

Comments (1) + TrackBacks (0) | Category: Online Gambling


COMMENTS

1. Brad Hutchings on February 6, 2004 05:32 PM writes...

If we ever have another "Pete Rose", that guy will be a phenominally bigger idiot than Pete. Today's superstars are making so much money, why would they risk betting? Rose was reportedly betting about $8000/day on baseball in the spring of '89. What would that be in today's baseball dollars? Maybe $100K give or take?

Let's say someone had a propensity for winning those sized off-shore bets. How long would that activity stay anonymous? Even the legal on-shore establishments don't like to lose. Read Mezrich's "Bringing Down the House" or the condensed Wired version: http://www.wired.com/wired/archive/10.09/vegas.html

But hey, isn't multi-zillionaire Martha Stewart on her way up the river over $50K? Whoulda thunk?

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