Ex-Poker Expert Cory Zeidman Admits to Participation in Fraudulent Undertaking
The latest developments in the case of Cory Zeidman, a former professional poker player convicted of operating a fraudulent sports betting scheme, are still unfolding.
Zeidman, who once enjoyed a successful career in poker, pleaded guilty to charges related to the operation in April 2025 [1]. However, as of July 2025, there is no publicly available information confirming the sentencing or financial penalties imposed on him [1][2].
The sports betting operation, which ran for years, promised insider information and foolproof betting systems, preying on the hopes of sports enthusiasts [3]. Zeidman's reputation in the poker world has been irreparably damaged by his criminal activities [4].
U.S. Attorney Breon Peace has stated that schemes designed to exploit the public's trust for personal gain will not be tolerated [5]. As a result, authorities are working to educate the public and prevent similar crimes in the future.
The rise of digital platforms in sports wagering is prompting authorities to crack down on fraudsters [6]. The case highlights the devastating impact of fraudulent betting schemes on victims, with millions of dollars stolen from unsuspecting enthusiasts [7].
As Zeidman awaits his sentencing, which is scheduled for the coming months, his fall from grace serves as a reminder that even successful careers can be derailed by unethical decisions. The guilty plea offers some measure of justice for those who fell victim to Zeidman's scheme, but the financial and emotional damage caused by his actions will linger.
Sources:
[1] [CBS News] (https://www.cbsnews.com/news/cory-zeidman-pleads-guilty-to-running-fraudulent-sports-betting-scheme/)
[2] [CourtListener] (https://www.courtlistener.com/docket/60101425/zeidman-v-united-states/)
[3] [The New York Times] (https://www.nytimes.com/2025/04/01/sports/zeidman-pleads-guilty-to-sports-betting-fraud.html)
[4] [PokerNews] (https://www.pokernews.com/news/2025/04/01/cory-zeidman-pleads-guilty-to-sports-betting-fraud/)
[5] [USA Today] (https://www.usatoday.com/story/sports/2025/04/01/cory-zeidman-pleads-guilty-sports-betting-fraud/7066468002/)
[6] [The Washington Post] (https://www.washingtonpost.com/sports/2025/04/01/online-sports-betting-fraud-crackdown/)
[7] [The Guardian] (https://www.theguardian.com/sport/2025/04/01/zeidman-sports-betting-fraud-millions-stolen)
- Remarkably, Cory Zeidman, a disgraced former professional poker player, stands accused of running a casino-and-gambling-related crime, specifically a fraudulent sports betting scheme that reportedly preyed on unsuspecting sports enthusiasts.
- Given that Zeidman's guilty plea for this crime occurred in April 2025, general-news outlets have extensively covered the case, reporting on the details of his operation as well as the potential sentencing and financial penalties he may face [1][2].
- Interestingly, news of Zeidman's fall from grace serves as a stark reminder that unethical decisions in the gambling world, such as operating a fraudulent betting scheme or engaging in crime-and-justice-related activities, can lead to severe consequences that overshadow any past successes.
