Add Sport Betting Industry Wants To Protect Itself
commit
970a35ee84
54
Sport-Betting-Industry-Wants-To-Protect-Itself.md
Normal file
54
Sport-Betting-Industry-Wants-To-Protect-Itself.md
Normal file
|
@ -0,0 +1,54 @@
|
||||||
|
[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)<br>Betting on sport is huge company.<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>
|
||||||
|
<br>Which figure is most likely to have grown even more, with an approximated ₤ 1bn bet on the World Cup alone in the UK this summertime.<br>
|
||||||
|
<br>Meanwhile, German research study company Sport & Markt estimates the general worldwide betting market will deserve 263bn euros (₤ 220bn) by 2012, with much of that driven by web and sports gambling.<br>
|
||||||
|
<br>But when the integrity of events are hit the betting market suffers, and incomes are put under risk if customers can not bet with self-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 talks about the [sports betting](https://customerscomm.com/read-blog/5703_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) market now.<br>
|
||||||
|
<br>"Not just is it a significant market in world business, it is one that is now on the front pages of papers."<br>
|
||||||
|
<br>Four Pakistan cricketers have been questioned by cops over spot-fixing allegations associating with a test versus England at Lord's last month.<br>
|
||||||
|
<br>Three of these players have actually said they will also challenge the corruption charges installed against the trio by the sport governing body the International Cricket Council.<br>
|
||||||
|
<br>Meanwhile, three-times snooker world champion John Higgins was cleared of match-fixing accusations, but was prohibited last week for 6 months for stopping working to report the unlawful approach to him to toss frames.<br>
|
||||||
|
<br>There are likewise 2 other continuing investigations - not related to Mr Higgins - into snooker.<br>
|
||||||
|
<br>'Honest'<br>
|
||||||
|
<br>David O'Reilly is legal counsel for Betfair, one of the UK's biggest online sporting exchanges.<br>
|
||||||
|
<br>"If the sport is perceived as honest, straight and reasonable that is excellent for betting companies due to the fact that individuals will spend money wagering with self-confidence," he states.<br>
|
||||||
|
<br>"If you take the Pakistan allegations, although unassociated to the UK regulated betting market ... it is not really a favorable 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 beware about'."<br>
|
||||||
|
<br>'Education'<br>
|
||||||
|
<br>So what can be done to prevent future scandals?<br>
|
||||||
|
<br>According to professionals at a World Sports Law Report conference into sports gambling, the focus needs to be on sportsmen and sportswomen.<br>
|
||||||
|
<br>As Simon Taylor of the Professional Players' Federation mentions: "The only people who can repair a match are the competitors or the referee."<br>
|
||||||
|
<br>His organisation represents men and females in 15 [sports betting](https://wow.t-mobility.co.il/read-blog/1170_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) in the UK, being an umbrella organisation for all gamer organisations, such as the Professional Footballers' Association.<br>
|
||||||
|
<br>He thinks that it is insufficient to simply have deterrents, sanctions and disciplinary treatments, however that the method to tackle potential problems around gamers is likewise through education.<br>
|
||||||
|
<br>Mr Taylor states guidelines need to be discussed plainly to players with clear examples, and by individuals they appreciate.<br>
|
||||||
|
<br>"Through educating players about [sports betting](https://tartar.app/read-blog/3677_sport-betting-industry-looks-to-protect-itself.html) you strengthen integrity and that is in everybody's interest," he includes.<br>
|
||||||
|
<br>"If players are harder to corrupt then sport will be harder to corrupt."<br>
|
||||||
|
<br>'Brand damage'<br>
|
||||||
|
<br>Matt Johnson, head of regulative legal guidance at the Football Association, concurs.<br>
|
||||||
|
<br>"Prevention is much better than remedy, and we also make a point of telling players 'you are going to be caught'."<br>
|
||||||
|
<br>"It is important that sport is straight, and is seen to be directly," he adds.<br>
|
||||||
|
<br>"If it loses that then people do not wish to bet, that is not in gambling firms' interests, and it is not in our interests."<br>
|
||||||
|
<br>He stated that as soon as an excellent credibility was lost, the damage to a sport was "incalculable".<br>
|
||||||
|
<br>FA rules imply players are not permitted to bank on a competition in which they are included.<br>
|
||||||
|
<br>Mr Johnson states players need to be seen not to be capitalizing any inside understanding, which he states could trigger "brand damage" to football and its competitors.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>So, even a Second Division gamer knocked out of the FA Cup in the autumn can not bank on a Manchester United v Chelsea cup final the following spring.<br>
|
||||||
|
<br>"We need to get over to players the reputational threat to the game," he says. "Once self-confidence has been damaged 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 regulation at the Gambling Commission, represents the "stick".<br>
|
||||||
|
<br>The Gambling Commission was established under the Gambling Act 2005 to manage business gaming in Great Britain.<br>
|
||||||
|
<br>An ex-chief constable of West Midlands police, 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 frustrating majority of [sports betting](https://systemcheck-wiki.de/index.php?title=Benutzer:OTUAnthony) occurring through UK operators is legal and fair," he says.<br>
|
||||||
|
<br>"But for some there is the temptation to ... corruptly interfere with the result of a sporting occasion.<br>
|
||||||
|
<br>"Such unfaithful has the possible to weaken the integrity of a sport, and it also harms the industrial interests of sports bodies and sports wagering."<br>
|
||||||
|
<br>The commission has actually developed an internal [Sports Betting](https://gayplatform.de/read-blog/5797_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html) Intelligence Unit to receive and disseminate details to sporting authorities, wagering companies and policing authorities.<br>
|
||||||
|
<br>"Since 2007 we have actually experienced a considerable insight into world of corrupt [sports betting](https://topbazz.com/read-blog/46124_cover-the-bases-sports-betting-news-and-notes-from-the-past-week.html)," he states.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||||
|
<br>"We will alert [sports betting](https://aijoining.com/read-blog/1095_recent-massachusetts-sports-betting-legislation-features-significant-tax-hike-am.html) of our concerns, to assist avoid or reduce [illegal] activity"<br>
|
||||||
|
<br>In May 2010, the commission also presented a confidential 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 criminal prosecution, a 24-year-old man who was cautioned for cheating in relation to greyhound racing.<br>
|
||||||
|
<br>However, Mr Tofiluk says there are still eight continuous investigations, and that much helpful info has also been passed to sports authorities.<br>
|
||||||
|
<br>He said that where an examination by a sport governing body was quicker, and more cost reliable, then the commission would consider discontinuing a criminal investigation "in favour of letting sports governing bodies take the lead".<br>
|
||||||
|
<br>Meanwhile, he says a lot of those aiming to cheat the sports wagering market were experienced about sports and sporting individuals, and about wagering operations and the movement of cash.<br>
|
||||||
|
<br>"They look for the vulnerabilities of these to help in their business."<br>
|
Loading…
Reference in New Issue
Block a user