He could have died and this would be a non-story, just someone throwing 32k away before they were killed in action.
People are focusing on the use of confidential information and calling this insider trading, which is fair, he had knowledge that the trading public did not. But to lump him in with refs who call games wrong on purpose is ridiculous. In one example you are betting on something you want to happen anyway, it is not deception. In the other, you are profiting from deliberate fraud. I think there needs to be some sort of category difference between these two.