Cory Zeidman Pleads Guilty to Sports Betting Fraud Scheme

Cory ZeidmanWSOP Bracelet WinnerSports Betting FraudPoker NewsLegal Cases in PokerCory Zeidman FraudWSOP Winner Legal TroublesSports Betting ScamPoker Legal NewsWire Fraud Conspiracy 🕒 2 🗒️ 362

Former WSOP bracelet winner Cory Zeidman has admitted guilt in connection to a $25 million sports betting fraud scheme. The 64-year-old poker pro, who was once celebrated in the poker community, has now become a cautionary tale of deception and greed. His involvement in this large-scale operation exploited vulnerable individuals seeking insider tips on sporting events.

Details of the Fraud

Zeidman’s scheme, operational between 2004 and 2020, revolved around fraudulent claims of having “privileged” information on sports outcomes. These false promises, primarily advertised via radio commercials, lured victims by guaranteeing substantial returns on their investments. However, most of these so-called insider tips were fabricated or drawn from publicly available information.

Clients paid hefty fees under the impression that they were engaging in secure betting opportunities. Instead, they were systematically defrauded, with the operation generating millions of dollars for Zeidman and his associates.

The Investigation and Guilty Plea

In May 2022, Zeidman’s fraudulent activities came to light when he was arrested. Initially maintaining his innocence, he even quoted Friedrich Nietzsche, portraying himself as a victim of overzealous authorities. Despite his declarations of moral integrity, mounting evidence led him to plead guilty in October 2024 to charges of conspiracy and wire fraud.

The plea was entered in the United States District Court for the Eastern District of New York, marking a significant shift in his defense strategy. His legal team acknowledged the overwhelming evidence against him, leaving no viable alternative.

Sentencing and Fallout

While sentencing has yet to be finalized, Zeidman faces a potential 20-year prison term and restitution payments amounting to $3.6 million. His arrest and subsequent plea have not only tarnished his reputation in the poker world but also ended his career as a respected player. He has since refrained from participating in live tournaments, though reports suggest he continues to play in smaller cash games in Florida.

Zeidman’s case underscores the dangers of greed and deceit, even in a community as tight-knit as the poker world. His fall from grace serves as a reminder of the importance of ethical conduct both at and away from the tables.

For more updates on this case and other poker-related news, stay tuned to PokerNews.

FAQ

What casino app gives you free money for signing up?

You can win real money at reputable casino sites such as BetMGM, Caesars, FanDuel, DraftKings, PlayStar, Tipico, bet365 and BetRivers Casino.

How to claim 77 free spins?

Simply create an account and then check your emails for a link to claim the free spins. Once you have clicked on the link in the email to claim the free spins, they will be available to be used on a selection of online slots at 777.com.

Can you win real money on gambling apps?

Of course, you can win real money on slot apps! There are hundreds of different slot games at legal online casinos, including regular and progressive jackpot slots. Every real money casino app will offer you a diverse selection of exciting games and various bonuses to enjoy those games more.

Do any gaming apps actually pay real money?

Which game apps pay real money? Solitaire Cube, Swagbucks, InboxDollars and Cash Giraffe are just a few of many apps that advertise that they pay cash for play. For many of these apps, users are asked to complete surveys, watch videos and play games.May 9, 2025

What online casino actually pays out for real money?

Yes, it’s possible to play real money casino games at US mobile casinos.

This site only collects related articles. Viewing the original, please copy and open the following link:Cory Zeidman Pleads Guilty to Sports Betting Fraud Scheme

casino payment methods
Latest Articles Popular Articles
Recommended Articles
# Article Title Keyword Article Link Article Details
Best No Deposit Bonus Codes Mr. Gamble
Free Welcome Bonus 🎖️ No Deposit Required October 2024
Instant Withdrawal Casinos to Win Real Money 🎖️ $125 FREE
Best Real Money Online Casinos in Australia 2024
Best Casino Apps That Pay Real Money in 2024: Guest Post by CoinPedia News CoinMarketCap
Can I Play GGPoker in the US?
Best casino free bet no deposit offers 2024
No Deposit Online Casinos Play for Real Money with No Deposit
Weekly Promotions Welcome Bonuses and Promo Codes at Ignition Casino.
Cory Zeidman Pleads Guilty to Sports Betting Fraud Scheme
Mohegan Sun Bonus Code MAXBONUS $20 No-Deposit + $500
US Online Casino Promo Codes & Bonuses 2024 🎁
Best No Deposit Bonus Codes - US Casinos (October 2024)
Inside the World of No Deposit Casinos – What Players Should Really Know
High 5 Casino No Deposit Bonus For FREE Play: Get New Sweeps Bonus Code Offer
Michigan Online Casino Bonuses & Promos (October 2024)
WPT Global’s Sunday Hyper PKO Showdown: Low Buy-In High Excitement
Real Money Online Casino - Best Casinos That Pay Real Money
WPT Global Withdrawal Guide: Cashing Out Made Simple
The Thrilling Race for WPT Season 22 Player of the Year at Wynn Las Vegas
Play online slots for real money Best real money online slots - al.com
Best Casino Apps (2024) - Top Gambling Apps For Real Money
Best Casino Apps Canada 2024 Mobile Gambling Apps
WPT World Championship 2024 Kicks Off at Wynn Las Vegas: What to Expect
The Best Online Casinos for Real Money Win Real Money Casinos - al.com
Best Casino Apps: Top 10 Real Money Casino Apps For Mobile In 2024 - San Diego Magazine
Paulius Plausinaitis Wins GGMillion$ SHR for $315054
Free Slots & Casino Games Win Real Money No Deposit
Ohio Online Casinos & Legal Casino Apps (October 2024)
Freeplay Online Casino Bonuses Real Money Free Play Offers Updated October 2024
No Deposit Bonus Codes - Exclusive Free Offers in 2024
WPT Global Review 2025 — Why It’s One of the Best Online Poker Sites Today
2025 WSOP Explosion! New Formats + Huge Prizes Poker Players Must Not Miss It!
WPT Global Million Sunday Hyper PKO Showdown: Event Details & Guide
WPT Prime Championship Returns with Jereld Sam Shining
WPT Global Now Title Sponsor For Triton Poker Super High Roller Series
Timothy Chung: From Birthday Party to WPT Prime UK Champion
$100 No Deposit Bonus Codes 2024: The Best Offers for New Players (P) - The Armored Patrol
Best Poker Site for Real Money 2025 — Why WPT Global Stands Out
How to Use No Deposit Bonus Codes and Win Real Money Safely on casino33.net
ShweepsNo Deposit Bonus Codes 2024 Latest Promo Offers & Deals
Top 10 Brands Of Casino Apps That Pay Real Money In 2023
- YouTube
Win Real Money Casino No Deposit Bonus Codes February 2025
5 Best Casino Apps & Mobile Casinos For Real Money (2024)
Best Casino Apps That Pay Real Money (2024) – Top Mobile Casinos
Bitstarz no deposit bonus up to 5 BTC and 200 free spins
How to Qualify for WPT Live Events Online in 2025
📱 Best Real Money US Casino Apps 2024
Shevliakov’s Comeback Wins Million-Euro Prize! How Did an Amateur Shock Everyone at the EPT Monte Carlo?
Real-Money Casino Apps in the USA – Play Withdraw and Win on casino33.net
Real Money Casino Apps For Android – Workhorse Trucks Collision Repairs
What Casino Apps Pay Real Money - The Culture Doctor
Play Online Poker on Android: The 2025 Guide
A Woman’s Guide to Selecting the Perfect Sex Toy
WPT Global Cow Boy:A Players Perspective
Qualify for the WPT Global Main Event via Low Buy-In Satellites
Martin Tsvetanov Wins Record-Breaking Eureka Main Event at EPT Prague
Best US Mobile Casino Apps & Games 2024
Caesars Palace Casino No Deposit Bonus Code 2024 – Get $10
What are social casino games and why do people become addicted? - ABC News
- YouTube
$200 No Deposit Bonus 200 Free Spins Real Money Codes 2024 - October
WPT Global No Deposit Bonus 2025 – Try Real Online Poker Risk-Free
BetMGM Casino Bonus Code BOOKIES250: Get $250 In Bonus Bets On October 20th
Page not found - My Blog
New Rules for WSOP Paradise: Electronic Devices and Real-Time Assistance
Top 5 Online Casinos of 2025: Where to Play and Win Big
How to Win at Online Blackjack: Strategies for 2025
Which Casino Apps Pay Real Money - Feldenkrais Carlton North
Australian No Deposit Bonus Casino Codes - October 2024
What are WPT Global Cash Games in brazil?
Casino Apps Australia Best Real Money Casino App 2024
New No Deposit Bonus Codes Grab $/€15 Free CasinoAlpha
15 Best Mobile Casino Apps that Pay Real Money
Best Paying Online Casinos in the USA - October 2024
Best Minimum Deposit Online Casinos USA - al.com
How to Start Playing Online Poker in 2025: A Beginner’s Guide
No Deposit Casino Bonuses & Free Spins for NEW Players Online Gambling Forum BonusParadise.com
Mobile Casino Real Money 🎖️ October 2024
Most Popular Games on WPT Global A Comprehensive Guide
New No Deposit Bonus 10/2024 Latest Free Casino Bonuses
PA Online Casinos 2024 ✅ Best Real Money PA Casino Apps
LATEST USA No Deposit Casino Bonus Codes October 2024
Online Casinos Real Money 2024 - Win at Real Money Casinos
No Deposit Bonus Casinos » Keep What You Win in 2024
Free Online Spins WON Real CASH!! discussed in Slots/Gambling at Wizard of Vegas
Top Real Money Android Casino Apps for Aussies (2024)
Phil Ivey Hosts Festive Meet-Up Game at Wynn Las Vegas This December
Aristocrat simulated gambling apps make millions yet players can’t win a cent
Real-Money Gambling Games and Contests - Play Console Help
Best Casino Apps Real Money Mobile Casinos 2024
Best Online Casino Bonuses & Sign-Up Offers October 2024
No Deposit Casino Bonus Codes 2024 PokerNews
2024 WPT Prime UK Championship will kick off on September 13
How to Download Register and Master WPT Global: 2025 Ultimate Guide
100 Dollar Free No Deposit Casino $100 Free Chip no deposit 2024
Michigan Online Casinos: A Guide To Playing Online in MI
Doug Polk Faces Backlash Over Playing in His Own Tournaments at The Lodge
Compare the Top 10 Casino Apps That Pay Real Money - Ranked Based on Payout Speed Extra Features and Bonuses