Gold bars and Miami Heat ring seized as feds raid renowned sports gambler

The night before the interview with Sports Illustrated, he came out ahead on two baseball plays: a $24,500 bet on the Phillies earned him $17,000 and a $15,000 wager on San Diego had him come out $17,000 ahead. Sports betting is “a risk, and the guy who works the hardest and is the brightest is going to come out ahead,” he said.