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The Passionate Few

The $50M Bookie: Ohtani Scandal REVEALED | $5M Super Bowl Win | $1B Gambling Empire Secrets

The Passionate Few

OMAR ELATTAR

Education, Entrepreneurship, Self-improvement, Business

4.9602 Ratings

🗓️ 24 September 2025

⏱️ 59 minutes

🧾️ Download transcript

Summary

✅ Try 30-Days of GoHighLevel Free Here: https://www.gohighlevel.com/passionate/?fp_ref=omar-elattar-productions39

📖 Buy Matt's New Best-Selling Book "Recalibrate" Here:
https://a.co/d/6zraCiT

HIRE MATT: 
http://www.mathewbowyer.com

In this episode, we sit down with high-stakes gambler Matthew Bowyer, who opens up about placing over $1 billion in bets, running one of the most infamous illegal sportsbooks in the U.S., and the FBI raid that changed his life. From building a multi-million dollar empire to facing years of potential prison time, Matt shares the untold truth behind the Shohei Ohtani scandal, the psychological cost of chasing adrenaline and money, and how he's now turning rock bottom into redemption. If you've ever wondered what it really feels like to lose everything—and fight to rebuild your life—this episode is a must-watch.

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Timestamps
 00:00:00 Intro – Meet Matthew Bowyer, Billion-Dollar Gambler
 00:01:42 Casino Limits & Building Bankrolls
 00:04:04 Running Poker Games at 12 Years Old
 00:08:06 Intervention That Shut Down His High School Poker Ring
 00:12:08 Starting Over: Busboy Hustle to Brokerage Firm
 00:18:49 Becoming a Top Commodity Broker at 19
 00:22:33 Vegas Wins, Dopamine, and Addiction Begins
 00:27:15 Losing $3M in a Night & Chasing Bigger Bets
 00:33:40 The Shohei Ohtani Scandal – Matt's Side of the Story
 00:42:15 Running an Offshore Sportsbook With 1,200 Clients
 00:45:50 October 2023 FBI Raid – Guns Drawn, Assets Seized
 00:50:21 What It's Like to Face Federal Time
 00:55:09 Impact on His Wife, Kids & Redefining Fatherhood
 01:03:12 Recalibrate: The Book, The Message & The Mindset
 01:07:30 Why Success Without Fulfillment Is the Ultimate Failure
 01:12:05 Facing the Fire: Public Redemption Through Transparency
 01:17:25 What He'd Tell His 18-Year-Old Self Today
 01:22:45 Final Words: Legacy, Loyalty, and Leadership

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Transcript

Click on a timestamp to play from that location

0:00.0

October 5th, 2003, when I was putting my two-year-old son in Scarcy, eight red dots on my chest.

0:05.3

AR rifles pointed at me saying FBI freeze. At that moment, I knew this is one of those moments in life where you're really going to have to recalibrate.

0:12.2

And now facing the potential of jail time, how do you sleep in night?

0:15.4

There's definitely some dark moments.

0:17.6

Matthew Bowyer hit the front page of CNN when a $50 million betting scandal tied him to Shohei Otani,

0:24.0

facing time in prison.

0:25.3

Today he's rewriting that story through his book Recalibrate and by guiding others toward better choices.

0:30.7

You placed over a billion dollars in bets and wages?

0:33.9

Yeah, I've been gambling since I was 12 years old.

0:35.8

I was running a poker ring at my house.

0:38.3

What was the nature of that business you were running? A legal sports betting operation. I had an offshore website in Costa Rica, about six of them. Shohia Tani and I have never had one conversation. I dealt with his interpreter. I saw he was betting sports, so I offered my service to him. And that parlayed over the next few months to 40,000 to 200,000, 500,000 to a million.

0:56.5

Come to find it later, he was taking money from Shoah, which I didn't want to be part of. The higher the profile I got and the more money it was making, the more of the target I became. At your peak, what type of numbers were you? $500,000 of Rolls-Royce calling in. I had a Bentley, G-Wagon, Ferrari. We were traveling literally every two, three weeks on a private jet.

1:14.0

What's the biggest swing you've ever had? $9.5 million on the Kansas City Chiefs football game, Super Bowl, 2020. And you made, what, like almost $5 million on that? It was like $4.3 for that plus $600,000. So, yeah, it was like $4.9. And then fast forward that day, they raid the house. I immediately in my mind, I knew that my life was changing drastically. I'm probably looking at some prison time. What's been the most surprising thing that you've learned about yourself being on this side of the fence? Your positivity is everything. The underdog story that I'm providing is gonna be very big. I plan on making more than I've ever made in my life at 50. I'm just getting started. I know that sounds wild, but check back in five years.

1:47.0

Before we get into this epic interview, I have one quick ask. Well, we've had the privilege of reaching millions of people on the show. The data shows that almost 80% of you guys who watch the show aren't yet subscribed. So if you could do me one quick favor and click that subscribe button right now, it would mean the absolute world to us. Because when you hit subscribe, not only are you allowing us to grow the show, get bigger guests, ask better questions, but you're allowing us to honor our commitment to do everything in our power to help you take your life, your business, your health, your relationships to that next level. And with no further ado, enjoy the show. Matt, thank you so much for being on the show today, brother. Thanks for having me. Absolutely, man. So we'll get into your story for a little bit here.

2:35.0

But for people who don't know, can you give them a little bit of high-level context as to just how high the level that your gambling game got to?

2:45.1

It was pretty high.

2:47.5

About as high as you could ask.

2:49.1

So when I was going into casinos, I would basically ask, what's the limit?

2:53.8

And that was my first question. The limits in casinos are based on how much you bring as a bank

2:58.8

roll, your credit line or your post-up money. And what I realize is I continue to grow in my younger

3:05.3

years of gambling is the bigger the bankroll, the bigger you can bet, right?

3:08.8

So you need to bring, you know, $2 million, $4 million, $5 million, whatever the number is to get

...

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