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Sports

Pete Rose’s Estate Cashes in 40-Year-Old Bet That MLB Would Reinstate Him

Last updated: Wed, May 14, 2025 10:11 AM CT
By The Folly Times
3 Min Read

What You Need to Know

• MLB Commissioner Rob Manfred reversed the ban on Pete Rose and the 1919 White Sox players

• Rose’s estate revealed he placed a legal bet decades ago that he’d eventually be reinstated

• Sportsbooks honored the wager with interest, snacks, and tears


A Long Game, Cashed at Last

CINCINNATI — Pete Rose spent a lifetime gambling, but his biggest bet may have been on himself. Following MLB’s bombshell reversal of his lifetime ban, Rose’s estate confirmed they located a dusty, yellowed betting slip placed back in the early 1980s. The wager? That Pete would one day be reinstated by MLB.

The payout arrived with a note from the sportsbook: “We never thought we’d have to honor this, but here we are. Congrats to Charlie Hustle, and please don’t hedge the winnings.”

From Blackjack Tables to Cooperstown

The bet was modest in size but legendary in spirit. According to the estate, Rose placed it with a Las Vegas sportsbook known for both discretion and leniency on morality. Records show he wagered $1,000 at 250-to-1 odds that he’d eventually be forgiven by baseball.

Adjusted for time and baseball politics, the payout now totals over $275,000 — plus a personalized plaque mock-up labeled “Told Ya.”

MLB’s Gamble Pays Off Too

MLB Commissioner Rob Manfred defended the decision by calling it “an effort to heal the game and recognize greatness.” Privately, insiders said the league is preparing to ride the PR wave with themed merchandise, bobbleheads, and possibly a Pete Rose Redemption Tour.

One league official said, “If you can bet against yourself and still win, that’s the kind of American story we like to monetize.”

The Estate Celebrates, and Strategizes

Rose’s family celebrated with a small press event held at his favorite casino lounge. His widow shared that Pete “would be proud, smug, and already placing another bet on whether Barry Bonds gets in the Hall of Fame.”

They declined to confirm whether he had action on that too.

TAGGED:baseball news

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