
Breakdown of Ippei Mizuhara's illegal betting account between Dec. 2021-Jan. 2024, according to government's complaint (via @JeffPassan): Total bets: 19,000 (~25/day) Average bet: ~$12,800 Biggest bet: ~$160,000 Smallest: ~$10 Net losses: $40.68 million No bets on baseball
So, Ippei posted winning bets of nearly $143 million???? Am I reading this correctly??? https://t.co/JJRGWqcb1s
From 2021-2024, Mizuhara's average wager was around $12,800, with his biggest bet reaching $160K He lost a total of $40.7M https://t.co/eCkPaSAm1r

Ippei Mizuhara, over a span from December 2021 to January 2024, engaged in a staggering volume of sports betting, placing approximately 19,000 wagers. According to a detailed complaint, these bets ranged widely in value, with the smallest wager being about $10, the average bet around $12,800, and the largest reaching up to $160,000. Despite the high frequency of approximately 26 bets per day and volume of bets, Mizuhara's gambling endeavors resulted in substantial financial losses. The total amount wagered by Mizuhara was reported to be $325.1 million, with total losing bets amounting to $182.9 million and winning bets totaling $142.27 million, leading to net losses amounting to approximately $40.7 million. Notably, the complaint also highlights that Mizuhara's betting records do not reflect any wagers placed on baseball games, and he was losing between $50,000-60,000 a day.