Kyrollos, who graduated from Rutgers University with a dual degree in computer-science and finance, designed his system, which is outfitted with an automatic bet feature, to maximize his returns.
Their big bet of the moment was $30,000 on the Charlotte Hornets to cover the spread against the Boston Celtics. The advantageous opportunities were limited, making it a relatively light day for Kyrollos and his crew. Two of Kyrollos’ employees stationed themselves inside an adjacent room, monitoring lines of data identifying the ever-changing odds of games set to go off during the course of the afternoon and evening. Some 88 miles away from the nearest casino, he occupied a conference room in the rear building of a suburban office park, placing tens of thousands of dollars’ worth of bets, all of them online, and all of them legal. It was an NBA Sunday in Central New Jersey and Gadoon “Spanky” Kyrollos, one of America’s most prolific and successful sports bettors, was in his element.