Expert on nothing, opinionated on everything
What is racketeering?
racketeering[ rak-i-teer-ing ]SHOW IPA
- the practice of conducting or engaging in a racket, as extortion or bootlegging
Basically, you are colluding with other parties to bet large sums of $$$$ and purposely tanking your play to help make that happen. It usually is more than one player doing it, since in a game like Football its hard other than QB to effect a game.
Think what the "black Sox" scandal in the World Series