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Locked In with Ian Bick

I Ran a Sports Betting Empire – Now I’m Going to Federal Prison | Matt Bowyer

Locked In with Ian Bick

Ian Bick

Society & Culture

4.8745 Ratings

🗓️ 15 September 2025

⏱️ 116 minutes

🧾️ Download transcript

Summary

Matt Bowyer was once the kingpin of one of the largest illegal sports betting operations in the country — taking wagers from athletes, celebrities, and high-rollers across the U.S. and moving hundreds of millions of dollars through his network. His operation became so big it even led to a Major League Baseball scandal that shocked the sports world. #SportsBetting #LockedInPodcast #SportsBookie #MLBScandal #SportsGambling #TrueCrimePodcast #BookieLife #prisonstories Connect with Matt Bowyer: https://www.instagram.com/mathewbowyer5/ Hosted, Executive Produced & Edited By Ian Bick: https://www.instagram.com/ian_bick/?hl=en https://ianbick.com/ Presented by Tyson 2.0 & Wooooo Energy: https://tyson20.com/ https://woooooenergy.com/ Use code LOCKEDIN for 20% OFF Wooooo Energy Buy Merch: http://www.ianbick.com/shop Timestamps: 00:00 Intro: The Rise & Fall of an Underground Kingpin 02:00 Meet Matt: Running America's Largest Illegal Sports Book 05:00 Life Before Crime: Childhood & Early Hustles 12:00 First Taste of Business & Success 18:00 Getting into Bookmaking: The Early Days 25:00 Scaling up: Building a Gambling Empire 32:00 High Rollers, Payments & Global Operations 39:00 Credit, Debts & Collecting Millions 47:00 Gambling Habits, Dopamine Rush & Losses 53:00 Casino High Life: Wins, Losses & The VIP Treatment 01:01:00 Business or Ponzi Scheme? The Bookie's Perspective 01:08:00 Bookie Myths, Danger & Customer Relationships 01:14:00 The Downfall: Arrest, Assets & The Otani Scandal 01:21:00 Legal Aftermath & Learning From Mistakes 01:29:00 Facing Prison: Sentence, Fear & Family Impact 01:37:00 Reflections, Character & Life After Prison Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Ah, Benny's parents, thanks for coming.

0:02.3

Hiya.

0:02.9

So, Benny has really blossomed this term.

0:05.6

You're telling me, he outgrew his bike. We sold it, on eBay.

0:09.6

Oh, that's not quite what I meant.

0:11.1

It's free to sell on there?

0:12.3

Free to sell?

0:13.4

Easy too. Sold Benny's bike, your guitar, my jacket.

0:16.8

You sold my guitar?

0:19.9

Shall we talk about Benny?

0:22.1

When it's this easy to sell for free, you can't help but say when it's eBay.

0:26.7

Things people love. T's and C's Apply, Exclused vehicles.

0:30.7

Claire worked in the marketing department for an up-and-coming artisan bakery.

0:35.6

Unfortunately, the artisan bakery in question was so up and coming.

0:40.6

Nobody actually knew it existed.

0:43.2

But then she had the really good idea to use Canva to create a business plan.

0:48.2

It looked good, really, really good.

0:51.6

Their investors thought so too.

0:53.8

And now their hotcakes are selling like,

0:56.0

well, exactly. Thanks, Canber. I was moving five to seven million dollars on Mondays. The average

1:02.8

bet is probably 10,000 a year. In 2003, I think I filed on my return. I made 14 to 15 million.

1:08.2

What's the most amount of money someone's owed you? I look over my left and I had AR rifles pointed at me with about eight or nine agents.

...

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