Add 'Sport Betting Industry Looks To Protect Itself'

master
Cornell Dark 3 months ago
commit 99e5e97df6

@ -0,0 +1,54 @@
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)<br>Betting on sport is big service.<br>
<br>Sport England estimates the value of spending on sport-related gambling in England grew from ₤ 1.7 bn in 1985 to ₤ 2.8 bn in 2008.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>And that figure is most likely to have actually grown even more, with an estimated ₤ 1bn bet on the World Cup alone in the UK this summertime.<br>
<br>Meanwhile, German research firm Sport & Markt approximates the general global betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by internet and sports gaming.<br>
<br>But when the integrity of occasions are struck the betting market suffers, and profits are put under risk if customers can not wager with confidence.<br>
<br>And there can have been couple of higher-profile sport betting stories than those affecting cricket and snooker this year.<br>
<br>High-profile<br>
<br>As Sport & Markt's Gareth Moore observes: "Everyone speak about the [sports betting](https://daeshintravel.com/free/501597) market now.<br>
<br>"Not only is it a significant market in world organization, it is one that is now on the front pages of papers."<br>
<br>Four Pakistan cricketers have actually been questioned by police over spot-fixing claims relating to a test against England at Lord's last month.<br>
<br>Three of these players have said they will also challenge the corruption charges mounted versus the trio by the sport governing body the International Cricket Council.<br>
<br>Meanwhile, three-times snooker world champ John Higgins was cleared of match-fixing allegations, but was banned last week for six months for stopping working to report the prohibited approach to him to toss frames.<br>
<br>There are also two other continuing examinations - unrelated to Mr Higgins - into snooker.<br>
<br>'Honest'<br>
<br>David O'Reilly is legal counsel for Betfair, one of the UK's most significant online sporting exchanges.<br>
<br>"If the sport is viewed as honest, straight and fair that benefits wagering firms since individuals will invest cash wagering with confidence," he says.<br>
<br>"If you take the Pakistan accusations, although unrelated to the UK controlled wagering industry ... it is not actually a positive story for wagering in the UK.<br>
<br>"That is due to the fact that the perception is that 'cricket is now something we may need to take care about'."<br>
<br>'Education'<br>
<br>So what can be done to prevent future scandals?<br>
<br>According to professionals at a World [sports betting](https://www.athleticzoneforum.com/read-blog/2029_new-ma-sports-betting-legislation-includes-substantial-tax-increase-and-prohibit.html) Law Report conference into [sports betting](https://social.projectkabahagi.com/read-blog/8345_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) gambling, the focus has to be on sportsmen and sportswomen.<br>
<br>As Simon Taylor of the Professional Players' Federation mentions: "The only individuals who can fix a match are the competitors or the referee."<br>
<br>His organisation represents guys and women in 15 [sports betting](http://www.pickmemo.com/read-blog/14937_latest-ma-sports-betting-bill-includes-significant-tax-boost-and-prohibition-on.html) in the UK, being an umbrella organisation for all player organisations, such as the Professional Footballers' Association.<br>
<br>He believes that it is not adequate to merely have deterrents, sanctions and disciplinary treatments, but that the method to take on potential problems around players is likewise through education.<br>
<br>Mr Taylor says guidelines need to be described plainly to players with clear examples, and by individuals they respect.<br>
<br>"Through educating players about [sports betting](https://andyfreund.de/wiki/index.php?title=UK_Betting_Firms_Gamble_On_US_After_Sports_Wager_Ruling) wagering you enhance integrity which remains in everyone's interest," he adds.<br>
<br>"If players are more difficult to corrupt then sport will be harder to corrupt."<br>
<br>'Brand damage'<br>
<br>Matt Johnson, head of regulatory legal recommendations at the Football Association, agrees.<br>
<br>"Prevention is much better than remedy, and we likewise make a point of telling players 'you are going to be caught'."<br>
<br>"It is imperative that sport is directly, and is seen to be directly," he adds.<br>
<br>"If it loses that then people don't want to wager, that is not in gaming companies' interests, and it is not in our interests."<br>
<br>He stated that as soon as a good reputation was lost, the damage to a sport was "enormous".<br>
<br>FA rules mean players are not enabled to wager on a competition in which they are involved.<br>
<br>Mr Johnson says gamers need to be seen not to be capitalizing any inside understanding, which he states could cause "brand damage" to football and its competitors.<br>
<br>So, even a Second Division gamer knocked out of the FA Cup in the fall can not bank on a Manchester United v Chelsea cup last the following spring.<br>
<br>"We have to overcome to players the reputational threat to the video game," he states. "Once confidence has been harmed it is tough to get it back - mud sticks."<br>
<br>'Overwhelmingly legal'<br>
<br>If this represents the "carrot" approach, then perhaps Nick Tofiluk, director of guideline at the Gambling Commission, represents the "stick".<br>
<br>The Gambling Commission was established under the Gambling Act 2005 to control business gaming in Great Britain.<br>
<br>An ex-chief constable of West Midlands cops, Mr Tofiluk has duty for policing all wagering in the UK apart from spread betting, which is the remit of the FSA.<br>
<br>"The overwhelming bulk of [sports betting](https://bytes-the-dust.com/index.php/Cover_The_Bases:_Sports_Betting_News_And_Notes_From_The_Past_Week) happening through UK operators is legal and fair," he says.<br>
<br>"But for some there is the temptation to ... corruptly disrupt the outcome of a sporting event.<br>
<br>"Such unfaithful has the potential to undermine the stability of a sport, and it likewise harms the industrial interests of sports bodies and [sports betting](https://bdstarter.com/recent-massachusetts-sports-betting-proposal-contains-massive-tax-boost-and-prohibition-on-in-play-betting-2/) wagering."<br>
<br>The commission has established an internal [Sports Betting](https://doum.cn/read-blog/4186_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) Intelligence Unit to get and share information to sporting authorities, wagering companies and policing authorities.<br>
<br>"Since 2007 we have experienced a considerable insight into world of corrupt [sports betting](https://droidt99.com/read-blog/10749_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html)," he says.<br>
<br>"We will signal [sports betting](https://thegoldenalbatross.com/cover-the-bases-sports-betting-news-and-notes-from-the-past-week-2/) of our concerns, to help prevent or cut [prohibited] activity"<br>
<br>In May 2010, the commission also introduced a private telephone hotline for those with information or suspicions.<br>
<br>'Vulnerabilities'<br>
<br>But in a two-and-a-half year period there has been simply one prosecution, a 24-year-old male who was warned for unfaithful in relation to greyhound racing.<br>
<br>However, Mr Tofiluk says there are still eight continuous examinations, which much useful details has actually also been passed to sports authorities.<br>
<br>He stated that where an investigation by a sport governing body was quicker, and more cost efficient, then the commission would think about stopping a criminal examination "in favour of letting sports governing bodies take the lead".<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Meanwhile, he says many of those seeking to cheat the [sports betting](https://social.concienciacasanare.com/read-blog/155_sport-betting-industry-aims-to-protect-itself.html) wagering industry were knowledgeable about sports and sporting individuals, and about betting operations and the motion of money.<br>
<br>"They seek out the vulnerabilities of these to assist in their business."<br>
Loading…
Cancel
Save