Resolution criteria

Each named player or coach will resolve to "Yes" if they are formally arrested and charged with illegal gambling by a recognized legal authority after the market's creation date. "Illegal gambling" is defined as any gambling activity that violates federal, state, or local laws. An arrest must be reported by at least two major reputable news outlets (e.g., ESPN, Associated Press, New York Times, Washington Post, official team statements, or police reports). The market will not resolve based solely on accusations, investigations, suspensions, or civil penalties; a formal arrest and charge are required. Each answer option will resolve to "No" if the market closes and that individual has not been arrested for illegal gambling.

Background

The NBA has strict rules regarding gambling for its players, coaches, and staff. In 2024, the league issued a lifetime ban to Toronto Raptors forward Jontay Porter for violating league rules by betting on NBA games and disclosing confidential information. This incident highlighted the NBA's zero-tolerance policy for gambling-related misconduct. Several individuals listed as potential answers have had varying degrees of past controversies or associations, though not all directly related to illegal gambling. Ja Morant, for instance, has faced suspensions for conduct detrimental to the league, including displaying firearms, but not specifically for illegal gambling. Michael Porter Jr.'s brother, Jontay Porter, was banned by the NBA for gambling violations. Rick Pitino, a prominent college and NBA coach, has had past controversies, but not directly tied to illegal gambling arrests.

Considerations

Traders should distinguish between legal sports betting, which is increasingly regulated and available, and illegal gambling activities, which are the focus of this market. Many NBA players engage in legal sports betting, but the resolution criteria specifically target illegal gambling arrests. The familial connection between Michael Porter Jr. and his brother Jontay Porter, who received a lifetime ban for gambling, may be a consideration for some traders, though Michael Porter Jr. himself has not been implicated in gambling misconduct.