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Major League Baseball Announces Urgent $200 Limit on Pitch Bets

UPDATE: Major League Baseball (MLB) has just announced a nationwide $200 betting limit on individual pitch wagers, following alarming reports of manipulation in baseball betting. This urgent measure aims to safeguard the integrity of the game and comes after federal prosecutors indicted two Cleveland Guardians players for their alleged involvement in a gambling scheme.

The decision, revealed on Monday, restricts bets on whether individual pitches will be balls or strikes and prohibits these bets from being included in parlays. This follows a significant investigation into unusual wagering patterns identified during games played by Guardians pitcher Luis Ortiz in June, where gamblers reportedly won approximately $450,000. The aim is clear: reduce the incentive for corruption in the sport.

MLB has been in discussions with its authorized sportsbook partners, including DraftKings and FanDuel, since summer 2023 to implement changes to betting menus. Both sportsbooks have agreed to comply with MLB’s request, confident that the legal market will help identify and deter bad gambling practices.

In a statement, MLB Commissioner Rob Manfred emphasized the league’s commitment to protecting the game’s integrity. “I commend the industry for working with us to take action on a national solution to address the risks posed by these pitch-level markets,” he said.

The crackdown comes after a federal indictment was unsealed on Sunday, charging Ortiz and Guardians closer Emmanuel Clase with participating in the alleged scheme. Ohio Governor Mike DeWine has also weighed in, advocating for a ban on micro-prop bets. DeWine stated, “By limiting the ability to place large wagers on micro-prop bets, MLB is taking affirmative steps to protect the integrity of the game and reduce incentives for improper betting schemes.” He also called on other sports leagues to follow suit.

This initiative marks a significant step in the ongoing collaboration between MLB and the betting industry, aimed at upholding fair competition and restoring trust among fans. FanDuel president Christian Genetski echoed this sentiment, emphasizing the industry’s commitment to combating corruption. “This initiative illustrates our unwavering commitment to building a legal and regulated market that roots out abuses,” he stated.

As these measures take effect, fans and bettors alike will be watching closely for further developments in MLB’s efforts to maintain the integrity of America’s pastime. The situation remains dynamic, and updates are expected as the league and sportsbooks implement these new restrictions.

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