Ohtani interpreter

[Snowman]

Originally Posted by G1911

I don’t think it is jealousy, resentment, or wanting him to be guilty to wonder how he and his financial advisors could not have noticed what appears to now be $325 million in bets over 26 months. That is a heck of a story. It seems like basic common sense to ask what happened there instead of accepting whatever his latest PR release says as 100% true.

It's not like $325 million just went missing from his account though. That's not how sports betting works. These were on average, 24 $17k wagers placed per day over the span of 26 months. The wagers are settled each day, win or lose. The bookie keeps a balance sheet and requires you to top off when your account gets low in order to continue betting. The actual money trading hands would have been much smaller than the total amount wagered.

[G1911]

Originally Posted by Snowman

It's not like $325 million just went missing from his account though. That's not how sports betting works. These were on average, 24 $17k wagers placed per day over the span of 26 months. The wagers are settled each day, win or lose. The bookie keeps a balance sheet and requires you to top off when your account gets low in order to continue betting. The actual money trading hands would have been much smaller than the total amount wagered.

For the second time tonight, nobody ever said $325M went missing from his account. That is a huge sum of bets for which Ohtani's bank account was the backer. There is a huge sum of money to not notice when his bank account is being used to pay it off whenever it's time to balance. This wasn't a single transfer that escaped his attention. It begs the question how he never noticed any of this going on for 26 months.

[jayshum]

Originally Posted by G1911

For the second time tonight, nobody ever said $325M went missing from his account. That is a huge sum of bets for which Ohtani's bank account was the backer. There is a huge sum of money to not notice when his bank account is being used to pay it off whenever it's time to balance. This wasn't a single transfer that escaped his attention. It begs the question how he never noticed any of this going on for 26 months.

I don't think all of the money came out of Ohtani's account since winnings went into an account owned by the interpreter, so he would be able to pay losses at times from his own account.

Yes, you would think having $16 million stolen from an account over time would be noticed by the account owner, but there have been many professional athletes over the years who were ripped off by their accounts, agents, etc so it's not impossible to believe it could happen to Ohtani. Also, he probably has other accounts with significant amounts of money in them, and if he isn't handling his own finances (and it's been reported before that his interpreter did handle a lot of things for him), then it seems possible he would never be looking at this account and know how much money was in it at any given time. As long as he had money to use when he needed it, where it was coming from or how much was there may never have come up. It's not something I can relate to, but it certainly seems plausible if you have more money than you can ever spend in several lifetimes.

[rjackson44]

in other news the mets fransisco lindor has 1 hr 2 rbis and is batting .90...making 35 million a year.